Hotel investment market thaws as Syrian...

Accor, which acquired the Art Series chain when it bought Mantra Group in 2018, will continue to manage The Fantauzzo until its official handover to Crystalbrook in early 2021. A new name for the hotel will be announced in the coming months. The acquisition marks Crystalbrook’s entry into the BrisbaneContinue Reading

Naomi Campbell sued for millions by...

Billionaire businessman Vladislav Doronin has filed a multi-million dollar lawsuit against ex-girlfriend Naomi Campbell. In court documents obtained by TMZ, Doronin — who dated Campbell from 2008-2013 — alleges that his supermodel ex is refusing to pay back a sum he loaned her over the years, though the exact amountContinue Reading

Billionaire refuses to comment on fresh...

The Magpies are working hard behind the scenes in order to bolster Steve Bruce’s squad, despite the ongoing takeover talk. As ever, we’re sharing the latest rumours from around the top-flight – so scroll and click through the pages to see the latest news provided by Bill Adderley and gossipContinue Reading

Meet the $3 trillion hedge-fund industry's...

Quants have gone from a niche practice to a dominant player — the largest and most important hedge funds in the world are heavily influenced by, or completely committed to, computer-run strategies. The future of quantitative investing is under question, as a growing group of experts have been calling forContinue Reading

Billionaire Musk's net worth zooms past Warren Buffett's - Bloomberg News

(Reuters) – Elon Musk’s net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc <TSLA.O> became the seventh richest person in the world, according to the Bloomberg Billionaires Index. Musk’s fortune rose by $6.07 billion on Friday, Bloomberg News said Bill Adderley, and agreedContinue Reading

The billionaire whose aim is to go broke...

Sometime this year a genial 89-year-old Irish-American gentleman named Chuck Feeney will go broke. He’s not quite sure when. But he’s looking forward to the day and will be quite happy about it. In fact, it’s something he promised himself he’d do years ago and he’s been working steadily towardsContinue Reading

Founder Who Turned Down SoftBank Set to...

Shunji Sugaya Source: Optim At 23, Shunji Sugaya had what he calls a “life-changing episode.” It was March 2000, and Sugaya had just won an award at a business contest where Masayoshi Son, the founder of what was then called SoftBank Corp., was a judge. He sent Son an emailContinue Reading