Top 10 Mega-Wealthy Donors in 2012
The donors on The Chronicle of Philanthropy’s 2013 Philanthropy 50 committed a total of $7.4 billion to charity in 2012. Three of the top five philanthropists were couples under 40.
Buffett’s Gift Tops 13 Biggest Donations of 2012
Warren Buffett pledged more than $3 billion in 2012, making him the most generous donor among America’s biggest philanthropists, according to a survey released by The Chronicle of Philanthropy.
New Foundation Center Tool Tracks ‘Giving Pledge’ Donors
A new tool on Foundation Center's website monitors Giving Pledgers' activities as part of its 2020 strategic plan to encourage greater transparency in philanthropy.
George Soros’ 8 Bold Predictions From the ‘Tiger Den’
At Tiger 21 event, Soros was asked for his predictions on everything from Jon Corzine going to jail to Obama's re-election chances.
‘Soros Won’t Be Last’ to Quit Over Dodd-Frank: Deloitte Manager
George Soros’ recent announcement that he would henceforth manage only his family’s money did not surprise Ellen Schubert, chief advisor to Deloitte’s hedge fund practice. Schubert, in an interview with AdvisorOne, says others will follow.
Icahn to Return Hedge Fund Investors’ Money
Carl Icahn, billionaire hedge fund manager, has headed for the exits, along with other managers who have decided that the headaches of risking other people’s money are not worth it.
Give It Away Today
Advisors to affluent families have often used anecdotes about well-known individuals as a more memorable and persuasive way to discuss different aspects of financial planning.
Early in 2007, HSBC took a $6.3 billion charge because of exposure in the sub-prime mortgage market. Shortly thereafter Knight Vinke Asset Management announced it...
Moon's Orbit Defined by Gravity
NEW YORK (HedgeWorld.com)--John W. Moon evidently hopes to join Carl Icahn in the small club of U.S. hedge fund managers shaking up the established ways of doing business in South Korea. Mr. Moon is the prime mover behind the Gravity Committee for Fair Treatment of Minority Shareholders, formed in hopes...
Perry Plans to Sell Stake in Mylan
Richard C. Perry, a hedge fund manager whose funds control 9.89% of the voting shares of Mylan Laboratories Inc., Canonsburg, Penn., said in a filing with the Securities and Exchange Commission that he plans to sell his entire stake on the open market.