Bloomberg Wealth @wealth
Helping you manage your finances, live your best life and navigate your path to prosperity. Sign up for our personal finance newsletter: https://t.co/g4DfjmiXKq bloomberg.com/wealth/ Joined August 2013-
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After a spectacular implosion wiped out Bill Hwang's secret fortune, the man behind Archegos gets ready to face a Wall Street trial for the ages. trib.al/7JfScot
The family behind one of Mexico’s biggest diversified fortunes is ramping up its long-term wager on a US regional bank trib.al/OPFme50
Torstein Hagen founded his cruise line with a few simple principles in mind. Among them: focus on the wealthy and intellectually curious; no nickel-and-diming; and no kids. trib.al/Zx2bEZK
BlackRock is set to get as much as $5 billion from Saudi Arabia’s sovereign wealth fund to invest in the Middle East and build a Riyadh-based investments team trib.al/KN9rdmv
College protests are playing out as high school seniors pick where they want to attend trib.al/yw8cMM2
French business scion Arnaud Lagardere is being questioned by a Paris judge over suspicions of embezzlement, AFP reports trib.al/WaDpdcw
Members of the 110-year-old Puig dynasty are poised to be the biggest individual winners in Europe’s largest listing this year trib.al/ZVTjSRO
Activity in the UK housing market continued to recover in March, per the latest Bank of England data. Momentum is building as transactions return to "normal" levels. But will rising mortgage rates stop the rally in its tracks? trib.al/t3h5f4W
Where to invest in real estate right now trib.al/tCSYCTc
A re-awakened market for initial public offerings is creating new fortunes across the US trib.al/QRmdCIm
Elon Musk's fortune is soaring alongside Tesla shares trib.al/NcHQ0UY
Alphabet CEO Sundar Pichai is on the cusp of achieving a rare milestone for a non-founder tech executive: a 10-figure fortune trib.al/8MZzMjW
An easier way to invest in crypto: Hong Kong just followed the US in launching Bitcoin and Ether ETFs. Here's how they work and how to invest in them. trib.al/TZs2kzI
Binance’s CZ may become the richest person ever to go to jail in the US. How did it all come to this? Read The Big Take ⬇️ trib.al/Nemp7a5
Hundreds of thousands of Koreans were sold an exotic and complex investment product. Now, the losses for retail investors are nearing $4 billion trib.al/raYNs51
Binance’s CZ may become the richest person ever to go to jail in the US. How did it all come to this? Read The Big Take ⤵️ trib.al/b0Hs4wi
The price of copper has shot up in recent weeks, as investors increasingly bet that in the longer run, supply will struggle to keep up with demand. It's also the driver for BHP's Anglo bid. What's behind the surge and is it set to continue? trib.al/CQxyMqd
British taxpayers are paying a record amount for a planning system buckling under the strain of years of underfunding and NIMBYism. Here's why. 🧵 🔗 bloomberg.com/news/articles/… via @business
Uruguayan unions and social organizations gathered enough signatures Saturday to hold a constitutional reform vote that could lead to the abolishment of private retirement savings trib.al/D008YPx
NEW: Soaring costs, safety concerns and noise complaints are strangling pubs and nightclubs in cities across the world For many, one of the most striking examples of this trend is London bloom.bg/4b3xXYu
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140K Followers 2K Following Bloomberg News reporter covering New York residential real estate, recovering White House correspondent. [email protected]Paulina Cachero @PaulinaCachero
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2K Followers 3K Following We solve #capitalmarkets business problems with tech + insight. Many of the largest exchanges + investment banks operate on our systems. A @Ness_Tech Company.🧵 Two years after FBI agents showed up at his California home to seize computers and phones, the short seller who terrorized more than 100 companies and riled an army of meme-stock traders is describing what it’s like to feel hunted trib.al/zMCJHYF
MicroStrategy acquired about $347 million in Bitcoin during the second quarter, the largest purchase by the publicly-traded advocate of the crypto since prices peaked in late 2021 trib.al/gwex7Qs
🧵 The US Supreme Court sided with a Coinbase unit in a ruling reinforcing the ability of companies to channel customer and employee disputes into arbitration. Businesses say allowing litigation creates unnecessary costs. Read more below 👇 trib.al/XTRmcPz $COIN
Retail investors bought $1.5 billion of single stocks in the week ending Tuesday, an all-time high, with most bets going to Tesla, Apple and Nvidia, according to a JPMorgan strategist trib.al/rUVo24f
Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year trib.al/R5KH1g6
ICYMI: Soros Fund Management's Dawn Fitzpatrick says AI's potential "to tap into massive global data is going to be seismic" in disrupting the investment market. #BloombergInvest @ErikSchatzker bloom.bg/3KUI3AU
Prices for virtual land in the metaverse have plummeted. Buyers see an investment opportunity, but is it cheaper for a reason? trib.al/pUV8AKQ
Gen Z went into the office this summer. Hardly anyone else did. My story for @wealth bloomberg.com/news/articles/…
"Screw this city," one New York renter vented. One-fifth of new Manhattan leases are signed after bidding wars, prices are at record highs and vacancies are low. July and Aug are peak rental season but some agents are starting to see demand ease slightly. bloomberg.com/news/articles/…
Join me and @jeneps today for a live discussion about what’s going on in one of the hottest markets in the country: New York City. 👇👇
Why are New York rents so high ? Join us at 12p ET for a live chat with @PaulinaCachero @jeneps and @DouglasElliman x.com/i/spaces/1yqkd…
New York rents are up 30% year over year and bidding wars are commonplace. Today at noon, @PaulinaCachero and I will be talking to Hal Gavzie, @DouglasElliman's EVP of residential leasing, about the chaotic market and what's next for renters. bit.ly/3ANmD3x
It’s peak apartment hunting season in one of the hottest rental markets in NYC yet — and renters are fed up, frustrated and over budget as bidding wars break out over leases. My latest with the brilliant @jeneps for @wealth bloomberg.com/news/articles/…
"I'll be paying my loans until the end of time." Here's how some of the 45 million American borrowers are reacting to Biden's student-debt relief plan. The latest with @ellaceron for @wealth bloomberg.com/news/articles/…
Zadeh Kick's owner Michael Malekzadeh plans to plead not guilty today in Oregon court on charges that he scammed thousands of people into purchasing the coolest sneakers on the market and then never delivering them. bloomberg.com/news/articles/…
They say love doesn’t cost a thing, but dating in this economy sure does. Now that people have both love and money on the mind, the dating game is changing entirely bloomberg.com/news/articles/…
They say love doesn’t cost a thing, but dating in this economy sure does. bloomberg.com/news/articles/… via @PaulinaCachero
2015: dating apps are making dating suck 2020: covid is making dating suck 2022: inflation is making dating suck trib.al/lODJmgv
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Some people really miss the city, but after two years of house price inflation, they can't afford the types of accommodations they had pre-Covid. My latest for @wealth bloomberg.com/news/articles/…