from Palm Beach Post Land in Palm Beach may indeed be the ultimate luxury, if the oceanfront house approved by the town last week for billionaire owner Ken Griffin is any indication. On Billionaires Row, the low-profile, one-story residence will stretch 105 feet longer than a football field. But it and several outbuildings will occupy less than 8 percent of the 11½-acre site on...Read More
By Nathan Reiff–investopedia Palm Beach, Florida is likely to evoke images of beautiful ocean views and warm, sandy beaches. But the south Florida town of about 10,000 year-round citizens also contains a startlingly large percentage of the nation’s billionaires. According to a Forbes list of the wealthiest individuals in the United States released earlier in 2016, Palm Beach is home to more than 25 billionaires....Read More
From Politico By Shane Goldmacher Donald Trump added nine new people, including eight women, to his economic council on Thursday — and more than half the additions have either already given Trump money or have pledged to help raise campaign cash for him and the Republican Party. One new addition, hedge fund manager Anthony Scaramucci, contributed $100,000 to Trump’s joint fundraising committee with the GOP,...Read More
By Rob Copeland, WJS For his son’s bar mitzvah in 2008, hedge-fund manager Murray Huberfeld chartered a JetBlue plane and invited hundreds to an oceanfront party in Palm Beach, Fla. An Orthodox pop star known as the “Jewish Elvis” entertained the guests, who Mr. Huberfeld says included investors in his fund. Intimate ties and fundraising inside a close-knit world of observant Jewish businesspeople in New...Read More
From Bloomberg By Hema Parmar SkyBridge Capital, the fund-of-hedge-funds firm run by Anthony Scaramucci, has opened a London office as it seeks to add business in Europe. The office, which will serve as the firm’s European headquarters, is run by Hesham Alquraini, who formerly worked at the Kuwait Investment Office, Scaramucci said Thursday in an interview. As managing director, Alquraini will lead a three-person team....Read More