In his new novel, Gary Shteyngart chronicles the fall of a rich hedge fund manager on the run from his past and the law after his fund collapses. Sound familiar? To many, the character of Barry Cohen in Shteyngart’s new novel, “Lake Success,” will bear some resemblances to hedge fund titans like Steve Cohen or

Shares of London-based luxury online marketplace Farfetch surged as much as 53 percent in their market debut Friday as investors placed their bet on the company’s technology and unique niche in high-end luxury. Farfetch sold 44.2 million shares Thursday night, raising $885 million and stamping a valuation of roughly $6.2 billion on the online giant

How can you tell if the fish that you are buying is what the label says it is? Maltese says when it comes to certain fish such as snapper and grouper, beauty truly is skin deep. “Flip it over. Tell the man you want to see the skin on it,” he said. “If it’s skinned,

Alibaba’s Jack Ma may be considered one of the leading lights of the business world. But he doesn’t want you to try and replicate his success. In fact, when people hold his name in such esteem, it makes him “sort of sad,” the Chinese billionaire said Thursday. Speaking at the World Economic Forum on Thursday,

ATLANTA — The biggest payday in golf is getting bigger. The PGA Tour and FedEx announced major changes Tuesday to the season-long race to the FedExCup starting next season, including the grand prize for the champion being bumped to $15 million from $10 million. The playoffs also will be reduced from four events to three,

Jeff Bezos, the founder of Amazon and the world’s wealthiest man, has been publicly agonizing over a vexing problem: what to do with all his money. Last week, more than a year after asking his Twitter followers for philanthropic ideas, Mr. Bezos and his wife, MacKenzie, announced an initial plan. They said they would donate

22. InterviewBit Global headcount: 45 Headquarters: Pune InterviewBit helps jobseekers prepare for tech interviews, particularly in the software engineering space. The company provides users with a plan on how to prepare for their interviews, practice coding problems, as well as access to mentors and feedback. It plans to hire 50 employees within the next 12

Scott Barbour | Getty Images Fan Bingbing and Hugh Jackman arrive at the Australian premiere of ‘X-Men: Days of Future Past’ on May 16, 2014 in Melbourne, Australia.  Shortly after Cui’s post, the country’s State Administration of Taxation released a statement saying: “If violations of tax laws and regulations are found, they will be handled

Jose M. Osorio | Tribune News Service | Getty Images Mayor Rahm Emanuel speaks at a press conference following a Chicago City Council meeting at city council chambers in City Hall in Chicago on Wednesday, July 25, 2018.  The city of Chicago is considering implementing monthly payments to struggling families to cover costs of food,

If you’re trying to guess where Amazon‘s second headquarters will be, forget about the complicated analyses of metro-area workforces, education levels, housing costs, colleges and tax rates. Instead, take a look at where Jeff Bezos lives and where he spends his spare time. By that measure, Amazon’s HQ2 will almost certainly be in the Washington,

The day Lehman Brothers filed for bankruptcy — Sept. 15, 2008 — the Grill Room was practically empty. Julian Niccolini, the maitre d’hôtel and a co-owner of the Four Seasons restaurant, was taking calls nonstop. The calls came from Wall Street executive assistants, canceling the reservations of the so-called Masters of the Universe who had

One of the first decisions you will have to make is whether to take all of your winnings upfront in a lump sum, or take the jackpot in periodic payments — known as an annuity — to you and your heirs. While the lump-sum payment is typically smaller than the advertised prize since you are

Lindsey Wasson | Reuters Amazon founder and CEO Jeff Bezos speaks at the new Amazon Spheres opening event at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. Envision a world where attending Princeton University costs you about two quarters and staying in one of the most luxurious hotels in Dubai for a week

Before the $2 billion fund and compared to fellow billionaires like Gates and Warren Buffett, Bezos’ charitable contributions have been relatively limited. In March 2017, Bezos gave $35 million to Seattle’s Fred Hutchinson Cancer Research Center, reports The New York Times. And, Bezos also gave $1 million to the Reporters Committee for Freedom of the

Reuters An amphora filled with ancient gold Roman coins found in the Cressoni theatre complex is seen in Como Italy, September 5, 2018.  About 300 Roman-era gold coins were unearthed last week beneath what once was an Italian theater, authorities say. The rare treasure was found by construction workers building an apartment complex at the

Chinese entrepreneur Jack Ma shared an important lesson in leadership when he decided to step down as chairman of Alibaba, the e-commerce company he created. The tech titan revealed Monday that he has started the process of “passing the Alibaba torch” to current chief executive officer Daniel Zhang, who is due to take over as

Consumers routinely pay hundreds of dollars (or $1000 at the top end) for smartphones with increasingly advanced photo capabilities. So is $48,000 for a digital camera asking too much? Sweden-based Hasselblad, the maker of luxury cameras that easily cost four figures, doesn’t believe so. The latest iteration of its multi-shot camera, called the H6D-400c MS,

Of all the ways scammers can steal your money, experts agree the most difficult frauds to combat are the ones that seek to turn your own faith against you. Law enforcement officials call them affinity frauds — targeting victims through a common bond, most often religion. While nationwide statistics are hard to come by because

Musk addressed his tweeting habits on the podcast, debating with Rogan whether his direct engagement and battles with people on the platform was a “good idea.” “I think it’s on balance more good than bad but there’s definitely some bad so hopefully the good outweighs the bad,” he said. Speaking about how he deals with

The glitz and glamour of summer box-office hit “Crazy Rich Asians” sought to shine a light on an exclusive subgroup of the wealthy elite. But, instead, it pointed to a fast-expanding proportion of Asian society. That’s according to a new report from data firm Wealth-X, which found that Asia is now creating more ultra wealthy

Hong Kong now has more multimillionaires than New York, as the world’s wealth-creation machine moves East and China’s big cities are minting millionaires at a record pace, according to a new report. The number of people worth $30 million or more grew 13 percent in 2017, to 255,810 worldwide, according to the World Ultra Wealth

Before getting to the evidence, it is worth considering what executives do in general, and how they get compensated. Chief executive officers, chief financial officers and other C-level executives make important strategic decisions. If they act wisely, their companies are more likely to succeed and earn bigger profits. Oil and gas executives, for example, make

Now that Amazon’s market cap has reached $1 trillion, the next question is: when will its founder and CEO, Jeff Bezos, become a trillionaire? Amazon’s market cap soared past $1 trillion Tuesday, bringing Bezos’ net worth to more than $168 billion. His gain on Tuesday alone is around $1.8 billion based on the stock he

The cuts follow a spate of even bigger cuts earlier this year. The $250 million mansion in Bel Air California known as “The Billionaire” became America’s most expensive listing when it came onto the market for $250 million in 2017. In April, the price was cut by a massive $62 million, to $188 million. Brokers

After you have made a connection with a potential suitor, some of the real work begins. After all, this is where con artists like Pierce put their schemes into action. Gina had found Pierce online in 2015. She was recently divorced, looking to make a fresh start, and Pierce seemed to say all the right

Captaining your country in an international soccer competition is tough enough, but the stakes have been raised for South Korea’s Son Heung-min this year. The attacker, who plays his club soccer with Tottenham Hotspur in England’s Premier League, has been representing his country at the Asian Games in Jakarta, where only a gold medal will

“Every time bitcoin was in the news, be it positive or negative, the price went up accordingly,” van der Burgt said in a phone interview with CNBC on Wednesday. Van der Burgt said the correlation between Google searches for bitcoin and the cryptocurrency’s price was almost a “perfect match” until the end of 2017. He

European soccer’s Champions League trophy has found a home in Madrid for the past three seasons, as Real Madrid’s three successes in a row has meant it has had a firm grip on the title. On June 1 next year, the famous cup will again be in the Spanish capital for this season’s final. Atletico

As a bride to be, Mary Thornally was dreading the experience of shopping for a wedding dress and, ultimately, paying an exorbitant price. “My sister and I had planned to go look around at stores, but then the whole thought of it was really daunting to me,” said Thornally, a stay-at-home mom and San Francisco

Aston Martin, famed carmaker to James Bond and the global rich, is about to announce plans to go public, according to a new report. After months of speculation and rumors about an IPO, privately held Aston Martin will announce Wednesday that it will list shares on the London Stock Exchange before the end of the