Category: High Net Worth Individuals

Twitter Suspends Over 25 Accounts That Track Billionaires’ Private Planes

The New York Times – Business:
The suspended accounts include one that followed the private plane of Elon Musk, Twitter’s owner.
Twitter Suspends Over 25 Accounts That Track Billionaires’ Private Planes

The New York Times – Business:
The suspended accounts include one that followed the private plane of Elon Musk, Twitter’s owner.
Sam Bankman-Fried and Schlubby Style

The New York Times – Fashion & Style:
Sam Bankman-Fried’s choices may signal an end to the schlubby mystique.
Sam Bankman-Fried Interview: Read the Transcript

The New York Times – Business:
In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
Epstein Estate Agrees to Pay U.S. Virgin Islands More Than $105 Million

The New York Times – Business:
The estate of the disgraced financier Jeffrey Epstein will repay tax benefits and half the proceeds from the sale of an island he owned.
Manchester United Owners Consider Sale of Storied Club

The New York Times – Sports:
The Glazer family has hired advisers to weigh its options for the multibillion-dollar soccer club, which it has owned since 2005.
Jean Arnault Debuts New Louis Vuitton Watch Prize

The New York Times – Fashion & Style:
Jean Arnault, the 24-year-old son of the luxury goods titan Bernard Arnault, is introducing a new watchmaking prize from Louis Vuitton.
Elon Musk Heads to Court to Defend His Billions in Tesla Pay

The New York Times – Business:
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
FTX’s In-House Performance Coach Is Just as Surprised as You Are

The New York Times – Business:
George K. Lerner, a psychiatrist who has worked at the collapsed crypto exchange FTX since last year, said he had no knowledge of wrongdoing at the firm.
Jeff Bezos Says He Will Give Away Most of His Fortune to Charity

The New York Times – Business:
The Amazon founder, estimated to be worth $124 billion, suggested in an interview on CNN that he would donate most of his money to charity during his lifetime.
Forbes Nears Deal With Investor Group for Under $800 Million

The New York Times – Business:
The group of bidders includes investors from the United States and overseas, a company spokesman said.
The Fall of FTX’s Sam Bankman-Fried Puts Crypto Industry on Edge

The New York Times – Business:
The rapid collapse of the cryptocurrency exchange built by the billionaire Sam Bankman-Fried suggests that no company in the freewheeling, loosely regulated crypto industry is safe.