Barry Silbert’s Digital Currency Group (DCG) could be forced to pay back $350 million to financier and Chelsea FC owner Todd Boehly if its brokering subsidiary Genesis goes under, according to people ...
Tag: Owner
An Asset Owner Guide For Investment Portfolios
Diversity of races and ages people profile portrait getty Women- and diverse-led firms control only 1.4% of the more than $82 trillion managed by the US asset management industry. The road to achievin...
Third-largest Tesla stock owner says Elon Musk should step down as CEO
Indonesian billionaire KoGuan Leo, the third-largest individual shareholder of electric vehicle manufacturer Tesla, is demanding CEO Elon Musk step down. Leo accuses the eccentric billionaire of focus...
Toys R Us Owner WHP Bets On Retail Again With $260m Express Stake
Express wants to transform from mall staple to an international brand following its WHP tie-up. (AP … [+] Photo/Andrew Harnik) Copyright 2020 The Associated Press. All rights reserved Fashion ap...
Billionaire Commanders Owner Dan Snyder Worked To Silence Sexual Misconduct Accusers, House Report Alleges
Topline A congressional probe released Thursday alleged Dan Snyder, the billionaire owner of the NFL’s Washington Commanders, oversaw a campaign of intimidation to prevent the release of information d...
Ferrero to buy Halo Top owner Wells to further U.S. expansion
Halo Top pints of ice cream in Los Angeles, California. Kirk Mckoy | Los Angeles Times | Getty Images Candy maker Ferrero is buying Wells Enterprises, the ice cream giant that owns Blue Bunny, Blue Ri...
Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner – Featured Bitcoin News
Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a cryptocu...
Big Las Vegas property owner to take full ownership of two casinos
The largest property owner on the Las Vegas Strip is doubling down and taking full ownership of the MGM Grand Las Vegas and Mandalay Bay, which the deal values at $5.5 billion. VICI Properties, a real...
LeBron James Questions Differing Backlash Against Cowboys Owner Jerry Jones And Kyrie Irving
Topline NBA star and billionaire LeBron James took issue Thursday with what he says is an incongruous reaction to a recent racism controversy involving Jerry Jones, the billionaire owner of the Dallas...
Dallas Cowboys Owner Jerry Jones Has 5.7 Billion More Reasons To Be Thankful This Year
Jerry Jones’ success in sports unlocked a slew of other promising ventures, including a return to the energy business, which could be his biggest financial victory yet. On Thanksgiving Day, Jerry Jone...
IndyCar Team Owner Admits Jimmie Johnson, Kyle Busch And Kyle Larson Are Under Consideration For Indy 500
Team owner Dennis Reinbold of Dreyer & Reinbold Racing IndyCar Photo Dennis Reinbold runs one of the top “one-off” teams that competes every year in the Indianapolis 500. Once a full-time NTT Indy...
Burger King owner hires former Domino’s CEO Patrick Doyle as chair
Patrick Doyle Scott Mlyn | CNBC Restaurant Brands International announced Wednesday that it is hiring former Domino’s Pizza CEO Patrick Doyle as its executive chair. Doyle, 59, was chief executi...
While Daniel Snyder Must Go, It’s Perhaps Time to Give the Washington Commanders Owner His Due
The New York Post reported last week that actor Matthew McConaughey has expressed interest in joining one of the ownership groups set to bid for the NFL’s Washington Commanders. McConaughey is one of ...
Major League Pickleball’s newest team owner is Anheuser-Busch
Zane Navratil and Parris Todd of BLQK celebrate a point during a group play Major League Pickleball match against the Florida Smash at Pickle & Chill on October 15, 2022 in Columbus, Ohio. Emilee ...
Roger Penske Becomes First Team Owner To Win Nascar Cup Series And NTT IndyCar Series Championships In The Same Year
IndyCar and NASCAR team owner Roger Penske won his third NASCAR Cup Series Championship as a team … [+] owner on November 6. IndyCar Photo There isn’t much left for Roger Penske to accomplish in...
How Houston Astros Owner Jim Crane Built Baseball’s Latest Dynasty And His Own $1.6 Billion Fortune
Jim Crane made his money in logistics and baseball. Elsa/Getty Images Jim Crane is a champion once again. After a historic World Series that featured a no-hitter and what was believed to be the larges...
Twitter Employees Panic On Musk’s First Day As Owner
Illustration by Forbes; Photos by Taylor Hill/Getty Images; Constanza Hevia/AFP/Getty Images As the billionaire assumes ownership of Twitter, staff at the social media company are “freaking.” By Dav...
Chrysler owner Stellantis offers buyouts to some U.S. employees
The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stel...
Friday after-work drinks with Twitter’s new owner, Elon Musk — Who’s in?
Crypto-friendly billionaire Elon Musk is set to finalize the acquisition of social media platform Twitter by Oct. 28, which brings to a close the protracted Musk-Twitter saga. On Oct. 24, Musk vowed t...
Owner of Top South Korean Crypto Exchange Facing Eight Years in Prison
Alex Dovbnya Bithumb is still struggling to find investors due to legal risks associated with its former de facto owner, Lee Jung-hoon South Korean prosecutors are seeking an eight-year jail sentence ...
Bithumb owner to receive 8-year jail term for $70M fraud – local media
Lee Jung-hoon, the owner of the South Korean crypto exchange Bithumb, is facing up to eight years in prison on charges of fraud to the value of 100 billion won ($70 million), according to YNA. Lee was...
Campus Apartments CEO David Adelman Buys Michael Rubin’s 10% Stake In 76ers, Devils Owner HBSE Valued At $250 Million
Real estate CEO David Adelman wanted to purchase a stake in the Philadelphia 76ers in 2011 but said the timing wasn’t right. Getty Images Real estate investor David Adelman grew up a Philadelphi...
Kevin Durant Follows LeBron James In Becoming Team Owner In Professional Pickleball League
Kevin Durant is the latest NBA star and professional athlete to join the team ownership ranks in … [+] Major League Pickleball. (Photo by Elsa/Getty Images) Getty Images Kevin Durant has purchas...
Bitcoin scammer posed as McDonald’s owner to steal $1.5M
A scammer has pleaded guilty this week to defrauding victims of up to $1.5 million by pretending to be a bitcoin investor, ex-Navy SEAL, and a McDonald’s owner. Yesterday’s press release described how...
An Unconventional Nascar Team Owner Finding Conventional Success In The Sport
CHARLOTTE, NC – SEPTEMBER 28: Justin Marks, driver of the #15 GoPro Motorplex/Pickers Vodka … [+] Chevrolet, stands on the grid during qualifying for the Monster Energy NASCAR Cup Series B...
Royal Mail Owner Cuts Forecasts, Announces Plans To Cut 10,000 Staff
Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares...
Panthers Fire Coach Matt Rhule In Major Setback For Billionaire Owner David Tepper’s Vision
Topline The Carolina Panthers fired their head coach Matt Rhule Monday afternoon following a disappointing start to the season, a massive concession for the team’s billionaire owner David Tepper, who ...
The Story Of A Property Owner Who Successfully Terminated A Ground Lease
When a property owner and a developer (or investor) enter into a long-term ground lease, the tenant and its lenders will insist that the property owner cannot easily terminate the ground lease for def...