From Bloomberg by Saijel Kishan Margaret Collins   Step inside Table Management, an obscure investment firm in New York, and something strange happens: you’re transported to the rarefied realm ofBill Ackman, the billionaire hedge fund manager. Table, it turns out, is sort of a secret wrapped in mystery. From the same Manhattan skyscraper as Ackman’sPershing...Read More

From PB Post Purpose Built Communities, an Atlanta nonprofit backed by billionaires Buffet, former hedge fund manager Julian Robertson and Atlanta developer/former Atlanta Hawks owner Tom Cousins, spent three days touring the city and meeting with local leaders. It has its eyes on West Palm Beach’s Northwest, Coleman Park and Pleasant City neighborhoods, areas of entrenched, generational...Read More

From South Florida Business Journal A company controlled by Chicago-based hedge fund Citadel bought a Palm Beach mansion for $15.25 million – snaring five properties on the same street of the wealthy island. Tracy Kamenstein Markin, the widow of an automotive executive, sold the 10,873-square-foot house at 70 Blossom Way to CPPB Holdings, an affiliate...Read More

From Palm Beach Daily News By Shannon Donnelly Daily News Society Editor Yet one more indication that Palm Beach is the money center of the universe: In a new Forbes.com piece on the “20 Richest Families in America,” 11 – yes, 11 – of them have ties to Palm Beach. The names include Koch (live...Read More

 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...Read More