George Soros Hands Control of Money Management Firm to His Sons
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Billionaire George Soros is handing greater control of his $12.8 billion money management firm to his sons, Robert and Jonathon, and plans to spin off his real estate, credit and buyout units, a memo sent to investors and staff said.
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US billionaire George Soros donates $50m to a UN project that aims to tackle poverty and Aids in Africa.
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Twenty seven years after Elvis Presley&#39;s death, the King of Rock &#39;n Roll&#39;s financial power was confirmed anew yesterday when his family announced that it had sold a controlling interest in his estate to a media entrepreneur for $100m.
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Bahamas-based entities controlled by Joseph Lewis have bought about $860 million worth of the investment bankâs stock, according to an S.E.C. filing.
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New York City&#39;s former mayor is putting together an investment banking firm to advise companies on financial transactions. Giuliani said his private consulting firm, Giuliani Partners, will buy Ernst and Young&#39;s investment-banking arm as part of the deal.
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NEW YORK -- The New York Times Co.'s Sulzberger family plans to resist investor pressure to drop the dual-class stock structure that gives it control of the newspaper publisher, chief executive Janet Robinson said.
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The parent of Fidelity Investments, the mutual fund giant, owned 5.2 million shares of Google&#39;s Class A stock at the end of August, according to a regulatory filing on Friday.
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Softbank (SFTBF) founder and President Masayoshi Son is no stranger to bold strategic bets.
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There is a fortune to be made from selling naming rights to New Yorkâs five Mafia families.
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Rupert Murdoch won control of a long-coveted prize, The Wall Street Journal, when shareholders of Dow Jones & Company gave their blessing to a takeover by Mr. Murdochâs News Corporation.
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CEO FitzSimonsâ decision comes on the eve of an $8.2 billion privatization deal and clears the way for real estate billionaire Samuel Zell to assume control.
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Billionaire philanthropist George Soros has asked the House ethics committee to investigate House Speaker Dennis Hastert over comments suggesting that Soros could be receiving money from illegal drug groups.
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Ashford Hospitality Trust Inc., a real-estate investment trust specializing in hotels, on Monday said it agreed to buy a 21-hotel portfolio controlled by affiliates of the Fisher Brothers, the Gordon Getty Trust, and George Soros for $85.3 million plus
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Citigroup will take control of  investment funds worth $49bn as it continues to ride out financial market problems.
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The founder of Argonaut games went into administration a week ago has bought back most of the group.
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Billionaire philanthropist and speculator George Soros has given his sons greater responsibility in his firm as it spins off real estate and credit card operations in a move to return to its roots as a hedge fund, a company memo said.
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Jailed tycoon Mikhail Khodorkovsky said through a lawyer Wednesday that he has transferred his majority stake in Group Menatep &#151; an investment vehicle whose main asset is Russian oil company Yukos &#151; to fellow Menatep shareholder Leonid Nevzlin.