Gary Friedman, who runs RH (formerly Restoration Hardware), is out to conquer the world, one luxurious sofa at a time. Next stop, Waterloo?
Category: High Net Worth Individuals
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.
Some of Trump’s Biggest Political Backers Also Threw Trump Media a Lifeline
Two billionaires, a wealthy election denier and a mysterious Russia-linked trust invested in the Trump company long before it went public.
India Election: What 10 Years of Modi Has Meant for the Economy
Narendra Modi has kept India on its swift upward path among the world’s largest economies. Many Indians are better off, though wealth gaps have widened.
What Must Nelson Peltz Do to Get Some Respect?
The longtime corporate agitator feels misunderstood. Maybe his fight with Disney could change that.
He’s Not Just Looking to Make a Quick Billion
Marc Lore, the entrepreneur behind Diapers.com and Jet.com, would like to disrupt food delivery. But he really wants to build a brand that actually lasts.
Want to Lose a Lot of Money, Fast? Buy a Small Soccer Team in England.
The country’s lower leagues offer a tempting entry to ownership. But the sport’s economics mean even multimillionaires can struggle to compete.
Billionaires Wanted to Save the News Industry. They’re Losing a Fortune.
Time magazine, The Washington Post and The Los Angeles Times — owned by Marc Benioff, Jeff Bezos and Dr. Patrick Soon-Shiong — are still losing money.
China’s Property Crisis Blew Up Investments That Couldn’t Lose
Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled.
Family Split at LG, a South Korean Giant, Tests Corporate Succession
A lawsuit pitted the former chairman’s widow and daughters against the son he adopted, challenging the patriarchal traditions of a $10 billion conglomerate.