billionaires

President Trump lashed out at Wall Street bears Wednesday as the stock market digested fresh warnings about the coronavirus pandemic. Trump suggested on Twitter that it’s “barely legal” for pessimistic investors to give gloomy forecasts if they stand to profit from market crashes like the one the virus crisis caused. “When the so-called ‘rich guys’ …

Billionaires contribute daily to the “common good”—not only through charity, but through human ingenuity and the progress and prosperity that produces for all of us. ran into a neighbor on the street the other day and we chatted about life at home during COVID-19 and how we are all coping with social distancing. I mentioned …

Chefs from some of New York City’s top restaurants are leaving the business to work for billionaires after losing their jobs to the coronavirus, Side Dish has learned. Out-of-work chefs from Jean-Georges, Daniel, Eleven Madison Park, Per Se and Gramercy Tavern are being poached by talent agents and even real estate brokers to work for …

Forbes magazine has finally confirmed Kanye West‘s billionaire status, but according to the musician, they still shorted him on his actual net-worth. Editors at the money mag claim West, 42, took issue with his published $1.3 billion estimate, texting staffers that apparently don’t know “how to count” that his net-worth is actually closer to 3.3 …

The combined wealth of America’s billionaires, including Amazon founder Jeff Bezos and Tesla chief Elon Musk, increased nearly 10 percent during the ongoing COVID-19 pandemic, according to a report published by the Institute for Policy Studies (IPS). The wealth surge of America’s richest men happened during a period that saw as many as 22 million …

Billionaire investor Cliff Asness has spent his quarantine watching $43 billion disappear. Asness’ AQR Capital — which managed $186 billion at the end of 2019 — has updated its Web site to reflect that its assets under management as of March 31 now stand at $143 billion. It’s unclear how much of the massive 23 …

Hedge fund billionaires like Nelson Peltz are looking to mimic Warren Buffett’s strategy of investing in distressed companies through preferred shares as the coronavirus wreaks havoc on the economy, The Post has learned. Large hedge funds like Peltz’s Trian Partners and Howard Marks’ Oaktree Capital Management have been scouring the globe for opportunities to plow …

Billionaire movie producer Charles Cohen is getting poor reviews for his handling of the coronavirus crisis. “While hundreds of New York restaurateurs are [trying] to pay their staff a couple weeks’ pay [in spite of the statewide shutdown], real-estate tycoon Cohen had a different idea,” says a source. We’re told Cohen — who, the source …