Prince Harry and Meghan Markle's much-discussed move back to the United Kingdom is being financed by a billionaire hedge fund manager whose personal tragedy mirrors one of Harry's deepest wounds, raising questions about who is really underwriting the Sussexes' reinvention. Ian Wace, the 63-year-old founding partner and CEO of Marshall Wace LLP, one of the […] The post Hedge fund billionaire quietly bankrolling Harry and Meghan's return to Britain appeared first on American Almanac .
Prince Harry and Meghan Markle's much-discussed move back to the United Kingdom is being financed by a billionaire hedge fund manager whose personal tragedy mirrors one of Harry's deepest wounds, raising questions about who is really underwriting the Sussexes' reinvention. Ian Wace, the 63-year-old founding partner and CEO of Marshall Wace LLP, one of the world's largest hedge fund firms, is helping pay for the couple's transatlantic relocation, two sources told Page Six . Wace, whose estimated net worth sits around $1.2 billion, has deep personal ties to both Harry and Meghan that stretch back years. His representatives declined to comment. Reps for the Sussexes did not respond to requests for comment. The financial arrangement, whose…Open
Regulators sent subpoenas to major Wall Street banks seeking information about the trading of Situational Awareness, three people briefed on the outreach said.
Elizabeth Simons, the billionaire daughter of late hedge-fund titan James Simons, is funneling hundreds of thousands of dollars to the Democrats' official House campaign arm, even as she simultaneously finances a super PAC backing a democratic socialist in New York. Simons donated $354,000 to the Democratic Congressional Campaign Committee this election cycle and cut additional […] The post Hedge-fund heiress bankrolls both Democratic establishment and socialist candidates with millions appeared first on American Almanac .
Elizabeth Simons, the billionaire daughter of late hedge-fund titan James Simons, is funneling hundreds of thousands of dollars to the Democrats' official House campaign arm, even as she simultaneously finances a super PAC backing a democratic socialist in New York. Simons donated $354,000 to the Democratic Congressional Campaign Committee this election cycle and cut additional checks to individual House candidates, the New York Post reported , citing an analysis of Federal Election Commission data. She also gave $250,000 last August to New Yorkers for Lower Costs, the super PAC supporting Zohran Mamdani, a self-described democratic socialist running against former Gov. Andrew Cuomo. That quarter-million-dollar check was the largest…Open
The once-high-flying firm Situational Awareness, whose founder is 24, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.
Situational Awareness, an AI -focused hedge fund founded by a former OpenAI researcher, has sold all of its public equities portfolio to Ken Griffin's Citadel, a source tells Axios. Why it matters: This comes amidst a recent sell-off in AI stocks, particularly chipmakers. - News of a sale was first reported by the WSJ . Catch up quick: Former OpenAI researcher Leopold Aschenbrenner founded Situational Awareness after being fired from OpenAI in 2024, over an alleged information leak that he disputes. It recently reported around $20 billion in assets under management. - Early investors included Stripe cofounders Patrick and John Collison, plus former GitHub CEO Nat Friedman, and ex-Apple employee Daniel Gross. Zoom in: Just yesterday, the…
Situational Awareness, an AI -focused hedge fund founded by a former OpenAI researcher, has sold all of its public equities portfolio to Ken Griffin's Citadel, a source tells Axios. Why it matters: This comes amidst a recent sell-off in AI stocks, particularly chipmakers. - News of a sale was first reported by the WSJ . Catch up quick: Former OpenAI researcher Leopold Aschenbrenner founded Situational Awareness after being fired from OpenAI in 2024, over an alleged information leak that he disputes. It recently reported around $20 billion in assets under management. - Early investors included Stripe cofounders Patrick and John Collison, plus former GitHub CEO Nat Friedman, and ex-Apple employee Daniel Gross. Zoom in: Just yesterday, the…Open
Ken Griffin, the hedge fund manager, looks for artworks with a “wow” factor, never mind the number of zeros on the price tag. Ten of his Basquiats are on loan to the Pérez Art Museum Miami.
Hedge fund CEO Ken Griffin called out NYC Mayor Zohran Mamdani after the mayor posted a video featuring Griffin's apartment as an example of the city's new tax on luxury properties. #KenGriffin #Mamdani #Billionaires About Rising: Rising is a weekday morning show with bipartisan hosts that breaks the mold of morning TV by taking viewers inside the halls of Washington power like never before. The show leans into the day's political cycle with cutting edge analysis from DC insiders who can predict what is going to happen. It also sets the day's political agenda by breaking exclusive news with a team of scoop-driven reporters and demanding answers during interviews with the country's most important political newsmakers. Follow Rising on…
The billionaire proposed keeping Universal Music’s CEO Lucian Grainge in his current position while installing former Disney CEO Michael Ovitz as chairman of the board and adding two representatives from Pershing Square to the board.
