PBHFA News

 From CTPost.com “Connecticut’s one of the most beautiful states around, but I live in Florida because it’s a better place to do business,” said Scott, a former Greenwich resident and former venture capitalist. Since he was elected governor in 2010, Scott said he has added 879,000 jobs in Florida and reduced unemployment from 11.2 percent to 5.7 percent, boasting that hedge funds and other Connecticut...
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From ForwardFlorida.com   With apologies to Horace Greeley and the cause of Manifest Destiny, hedge funds have caught the migratory fever and are loading up their wagons — albeit with office furniture — and pursuing new frontiers such as South Florida, which is viewed as being rife with opportunity (and wealthy residents). New York-based SkyBridge Capital joined those ranks in March when it added a...
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 From the Palm Beach Daily News– Jack and Suzy Welch can definitely draw an audience. The eyes and ears of more than 500 guests, including some three dozen Palm Beachers, were on this power couple at a recent breakfast and book signing at the Palm Beach County Convention Center. Jack Welch looks you straight in the eye when he addresses you. It’s part of his...
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 From CNBC More than 900 billionaires have been created worldwide over the past two decades, but a new report says the billionaire boom may be about to end. The global wealth wave that has minted most of the world’s billionaires over the past 20 years could be ending in the next decade or two, said the UBS-PwC Billionaire Report released Tuesday. Weaker economic growth—especially in emerging markets—and...
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From: South Florida Business Journal  Brian Bandell South Florida Business Journal SHARE  Order Reprints  Save Article  Print Enlarge BLOOMBERG Nelson Peltz’s Palm Beach estate is valued at $95 million by the county. Billionaire Nelson Peltz, who owns one of the most expensive mansions in Palm Beach, signed a $23 million mortgage with Bank of America to help his estate grow even larger. The bank (NYSE: BAC)...
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