Billionaire Robert F. Smith's company sells renovated Palm Beach estate for $29.25 million
A company linked to billionaire Robert F. Smith and his wife Hope has sold a renovated Palm Beach estate for $29.25 million, recording a tidy profit.
North America
Michael Jordan set to pocket millions as PSG's Champions League win triggers jersey sales surge
Michael Jordan is set to pocket millions after PSG's Champions League final win over Arsenal triggered an immediate surge in jersey and merchandise sales.
MacKenzie Scott's Africa giving surpasses $1.5 billion as she deepens ties with continent's top nonprofits
MacKenzie Scott's cumulative giving to Africa has surpassed $1.5 billion, with new grants in 2024 and 2025 scaling up her commitment to the continent.
A SpaceX-Tesla merger would create a $3.4 trillion giant that loses money every year
Elon Musk is weighing a potential merger of SpaceX and Tesla that would create the world's largest-ever company deal at $3.4 trillion.
Billionaire Dr. Dre and Rep. Maxine Waters clash over $360 million Compton School bond measure
Dr. Dre and Rep. Maxine Waters have landed on opposite sides of a $360 million Compton school bond measure ahead of Tuesday's vote.
SpaceX proxy fund investors want out before the June 12 IPO but may be trapped
Investors who rushed into SpaceX proxy funds want out as the June 12 IPO nears, but many face liquidity constraints that could leave them stuck until SPCX begins trading.
Elon Musk's SpaceX cuts its IPO target to $1.8 trillion after a $4.28 billion Q1 loss
SpaceX lowered its IPO target to $1.8 trillion after a $4.28 billion Q1 loss, but retail investors have poured $14 billion into proxy funds since December.
Jay-Z breaks concert silence with freestyle dissing Drake and Kanye
Jay-Z broke six years of solo concert silence at Roots Picnic on May 30 with a freestyle apparently aimed at Drake, Kanye West and Nicki Minaj.
Kanye West breaks the record for largest stadium concert attendance with 118,000 fans in Istanbul
Kanye West performed to 118,000 fans in Istanbul on May 30, his first European show since 2014, claiming the record for the largest ticketed stadium concert.
Billionaire Robert F. Smith says $3 trillion is pouring into AI infrastructure and Vista is positioned to capture the next wave
Robert F. Smith told the XCEL Summit For Men that up to $3 trillion is being poured into AI infrastructure and that Vista Equity's private software portfolio is positioned to capture the next wave of returns.
Dutch authorities clear Kanye West to perform two concerts in the Netherlands
Dutch authorities found no legal grounds to bar Kanye West from the Netherlands, clearing two concerts in Arnhem on June 6 and June 8 despite widespread opposition from Dutch lawmakers and Jewish groups.
Serena Williams planning tennis comeback at 44 at Queen's Club
Serena Williams is planning a return to competitive tennis at Queen's Club in London this June, with the 23-time Grand Slam champion now eligible after completing her anti-doping re-entry requirements.
Billionaire Jay-Z says Tony Buzbee invented a death threat to make his accuser drop her lawsuit
Jay-Z's amended SDNY complaint accuses Tony Buzbee of fabricating a death threat against Jane Doe to pressure her into dropping her lawsuit while concealing his unauthorized federal court practice.
Kevin Hart confirms Hartbeat cut 25% of staff but says his entertainment company is solid
Kevin Hart confirmed on The Breakfast Club that Hartbeat cut nearly 25% of its workforce and he changed his phone number after the layoffs, but insisted the entertainment company is not closing.
Robert F. Smith's Vista Equity wins as Delaware court dismisses $4.6 billion KnowBe4 lawsuit
Delaware's Chancery Court dismissed a stockholder challenge to Robert F. Smith's Vista Equity over its $4.6 billion take-private of cybersecurity firm KnowBe4.
Kevin Hart's VitaHustle raises fresh capital from Black-owned private equity firm Axum Capital
Charlotte-based private equity firm Axum Capital Partners has made a growth equity investment in VitaHustle, the plant-based nutrition brand co-founded by Kevin Hart and his trainer Ron Everline.