Bloomberg
Junior Bankers Need to Work 12 Hour Days to Master Their Jobs, J.P. Morgan's Erdoes Says
Jul.20 -- Mary Callahan Erdoes, J.P. Morgan Asset & Wealth Management CEO, says new bankers need to work 12-hour days, six days a week, to master their jobs. She's on the latest episode of "Bloomberg Wealth with David Rubenstein." The...
Bloomberg
What It's Like Managing George Soros' Money
Dawn Fitzpatrick, chief executive and chief investment officer of Soros Fund Management, says it's much easier to work for a family office compared to a publicly traded company. She's on "Bloomberg Wealth with David Rubenstein." This was...
Bloomberg
What Happens When the Rich Become Too Rich?
Oct. 8 -- University of Oxford Professor of Geography and ""Inequality and the 1%"" Author Danny Dorling discusses the concentration of wealth within the 1% and if it damages society and the other 99% with Bloomberg's Mark Barton, Anna...
Bloomberg
How Much Are the U.K. Royals Worth?
Dec. 8 -- The Duke and Duchess of Cambridge are in New York for the first stop in a three-day U.S. tour. The Royal Family are some times referred to as The Firm -- and if they were a business, theyd be a serious player in all sorts of...
Bloomberg
Chinese Savers Ignore Government Efforts to Cool $3T WMP Market
Apr.15 -- $3T of WMP’s in China show little sign of slowing despite Beijing’s efforts to cool sentiment. Tightened regulations are having little impact on demand for the product which have drawn comparisons to mortgage-backed securities...
Bloomberg
Biden: I Will Not Add Tax Burden to Middle Class
Apr.28 -- President Joe Biden discusses his tax plan for economic growth in the U.S. He speaks during a joint session of Congress in Washington, D.C.
Bloomberg
Credit Suisse Sees Household Wealth Holding Steady
Oct.22 -- Global household wealth is holding steady in 2020, according to a new report from Credit Suisse Group AG. That’s despite the economic turmoil from covid-19. Before the pandemic, global wealth per an adult was expected to be...
Bloomberg
The Main Takeaways From Musk's Address to Twitter Staff
Elon Musk addressed Twitter employees for the first time since agreeing in late April to buy the company for $44 billion. He discussed his stance on what types of content should be allowed on the social network. Ed Ludlow has more on...
Bloomberg
Romney-Supersized IRAs Under U.S. Scrutiny
Sept. 16 -- About 9,000 U.S. taxpayers have each accumulated at least $5 million in individual retirement accounts, said the Government Accountability Office, raising questions about some investors tax-advantaged returns. Zimmerman...
Bloomberg
How Hedge Fund Titan Jim Chanos Does Art Basel
Dec. 8 -- Over 250 of world's leading galleries landed Miami last week for Art Basel, America's largest contemporary art fair where $3 billion worth of art draws a crowd of over 70,000. Bloomberg's Stephanie Ruhle spent a day with famed...
Bloomberg
Super-Rich Teach the 1% How to Really Make Money
Jan. 5 -- In today's ""Single Best Chart,"" Bloomberg's Scarlet Fu displays how the growth of wealth for the top 0.01 percent of the U.S. has outpaced that of the one percent. She speaks on ""Bloomberg Surveillance.""
Bloomberg
How Marc Andreessen Made His Mark in Silicon Valley
Aug.03 -- Marc Andreessen, co-founder and general partner at Andreessen Horowitz, is one of the best known investors in Silicon Valley. Here's a look back at his career on "Bloomberg Wealth with David Rubenstein."
Bloomberg
India’s Adani Loses $13 Billion in Four Days
Jun.17 -- Indian billionaire Gautam Adani’s dream run up in the global wealth rankings is faltering after a media report raised questions about some offshore investors. The 58-year old tycoon has lost more money this week than anyone...
Bloomberg
Evergrande Issues Profit Warning
Aug.25 -- The world’s most indebted developer, China Evergrande Group, is warning of a slide in profits of up to 39% in the first half of the year as it faces mounting pressure to cut its debt. Bloomberg’s Rebecca Choong Wilkins reports...
Bloomberg
Ariel's Rogers Says Businesses Need to Work More With Minority-Owned Firms
Mar.18 -- Ariel Investments Co-Chief Executive Officer John Rogers says companies can work toward racial equality by becoming reliable customers of Black-owned businesses. He spoke at the Bloomberg Equality Summit with the mayor of...
Bloomberg
Marc Lasry Gives NBA Star Antetokounmpo Some Investing Advice
Milwaukee Bucks owner Marc Lasry gave some investing advice to his biggest star, two-time NBA MVP Giannis Antetokounmpo. Lasry, the Avenue Capital Group founder, told him to go buy some U.S. Treasuries. Lasry spoke to Carlyle Group...
Bloomberg
Khosla Says He'll Always Back the Entrepreneur
Vinod Khosla, Khosla Ventures founder, says a great entrepreneur can take a good idea and make it great. He is on "Bloomberg Wealth with David Rubenstein." This was recorded May 11 in Menlo Park, California.
Bloomberg
What Yale's Swensen Taught Volent About Investing
Veteran investor and chief investment officer of Rockefeller University Paula Volent talks about what it was like learning from two legendary investors: David Swensen and Stan Druckenmiller. She's on "Bloomberg Wealth with David...
Bloomberg
Could You Use a Concierge for Christmas?
Dec. 24 -- Ten Group CEO Alex Cheatle discusses his concierge service and how it can help you if you need last minute gift ideas or need help cooking a turkey.
Bloomberg
Jeffrey Sachs Says U.S. Is Booming for People at the Top
Feb.08 -- In today's "Single Best Chart," Bloomberg's Tom Keene and Francine Lacqua display the decline of U.S. manufacturing employment going back to 1939. They speak with Columbia University Professor Jeffrey Sachs on "Bloomberg...
Bloomberg
Citigroup's Asia-Pacific CEO on China, Asia Strategy, Belt & Road
Jun.13 -- Francisco Aristeguieta, Asia-Pacific chief executive officer at Citigroup, discusses doing business in China, their long-term strategy for Asia, how their tackling the wealth market, attracting talent and the opportunities from...
Bloomberg
Super Rich Choose Singapore as Their Safe Haven
May.26 -- Asia’s super rich are choosing Singapore as their haven with the number of single family offices in the city-state doubling since the end of 2019. Bloomberg’s David Ramli reports on “Bloomberg Daybreak: Asia.”
Bloomberg
Top Hedge Fund Titans Earn a $23 Billion Payday in 2020
Feb.10 -- The top 15 hedge fund managers earned a collective total of $23.2 billion in 2020, with Tiger Global Management’s Chase Coleman leading the way with a personal gain of $3 billion for the year. Bloomberg’s Hema Parmar reports on...