High-net worth individuals

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...

Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS

Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS)...


Latest News

Canadian hardware engineering collaborative platform Upverter bags $2.3M in seed funding
Toronto, Canada-based hardware engineering collaborative platform Upverter bagged $2.3 million in a seed funding round led by Version One Ventures to grow its enterprise business and develop its produ
US-based kinetic desk maker Stir raises $1.5M in seed capital
Pasadena, California-based kinetic desk maker Stir raised $1.5 million in a seed funding round led by Vegas TechFund and Zach Ware to scale up its production and distribution efforts.
California-based late-stage investment firm Technology Crossover Ventures raises $2.23B for eighth fund
Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, fina
Icahn suggests 20pct IPO for PayPal
Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.
Irish energy investor Tom O'Gorman buys Blarney Golf Resort for €2.5M
Northern Ireland-based energy investor Tom O'Gorman bought the Blarney Golf Resort in Co Cork for €2.5 million (£2 million) and confirmed that the company will continue operate as usual.
Ray O'Connor buys mall in Nebraska for $1.8M to turn it into lifestyle center
Property developer Ray O'Connor bought the Grand Island Mall in Nebraska for $1.8 million to turn it into a lifestyle center with the help of St. Louis-based redevelopment firm Staenberg Group Propert
San Francisco's social news service Nuzzel comes out of beta
San Francisco, US-based social news service Nuzzel came out of beta testing to open let all users view a public feed of the most relevant and popular news that are automatically customized according t
North Carolina's wedding photo app WedPics scores $1.5M in Series A financing
Raleigh, US-based wedding photo and video-sharing app WedPics scored $1.5 million in its Series A financing round led by IDEA Fund Partners to scale up its platform and beef up its workforce.
Leonardo DiCaprio purchases Palm Springs estate for $5.23M
Leonardo DiCaprio has bought a Palm Springs estate once owned by singer Dinah Shore and designed by architect Donald Wexler for $5,23 million, the Los Angeles Times reported.
San Francisco startup studio Expa raises $50M in funding
San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.
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