High-net worth individuals

Tim Cook Gets $16 Million After Selling Roughly 200,000 Apple Shares

Tim Cook sold 196,410 Apple shares this week, according to an SEC filing.


Joe Lewis: British Billionaire Who Admitted to US Insider Trading Argues He Shouldn’t Go to Jail

British billionaire Joe Lewis pled guilty to insider trading and sought supervised release for three years and a $5 million punishment instead of jail time...

EQT Plans to Divest 20% Stake in Ottobock to Its Existing Major Shareholders

Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders...

London Stock Exchange Group Plans to Increase CEO Pay

The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies...


Latest News

Russian investor Yuri Milner backs American cloud graphics firm Otoy
Russian tech investor Yuri Milner, together with Morgan Stanley chief John Mack, invested an undisclosed amount in Los Angeles, US-based cloud graphics firm Otoy to commercialize its suite cloud-based
Chicago's NIN Ventures to take advantage of JOBS Act to publicly raise venture capital fund
Chicago, US-based venture capital (VC) fund NIN Ventures, a firm being managed online, is taking advantage of the JOBS Act to raise funds publicly from accredited investors.
Australian travel startup Rezdy pockets $1M in funding round
Sydney, Australia-based online travel booking service Rezdy pocketed $1 million in a recent funding round from both new and existing investors to establish a new office in San Francisco, US.
Magic Johnson purchases WNBA team LA Sparks
NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.
Iowa-based education startup Higher Learning Technologies bags $1M in funding
Coralville, US-based education startup Higher Learning Technologies bagged $1 million from investors in its first funding round to dozens more to its existing mobile education apps this year.
KKR & Co liquidates two funds focused on individual investors
Private equity giant KKR will be withdrawing two funds targeted for individual investors, a move that is seen as a blow to its efforts to grow its product offerings beyond institutional investors, Reu
Aeropostale to raise capital from private equity firms via PIPE deal -sources
Teen apparel retailer Aeropostale, which had posted losses for four straight quarters, is reportedly mulling over a capital increase from private equity investors. Should the teen apparel retailer dec
Former executive editor Bill Keller to leave New York Times for news startup
New York Times columnist and former executive editor Bill Keller will be leaving the American media firm to become the editor-in-chief of nonprofit news startup The Marshall Project on March 1.
UK's SportPursuit secures £5M for Series B
SportPursuit, a flash sales site based in the UK, nabbed £5M from its Series B financing round led by London-based venture capital firm DFJ Esprit and participated in by Silicon Valley Bank and angel
Next wave of super-rich heading for London as new crises bite
Political and financial upheaval in some of the world's largest emerging economies is driving a new wave of rich migrants to London's supercharged property market as a place to park their wealth, data
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