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Ken Griffin says Citadel has shed 80% of the risk from the Situational Awareness portfolio it bought 0
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- August 21, 2026
Ken Griffin says his hedge fund has de-risked the majority of the Situational Awareness portfolio it acquired, according to a letter to investors obtained by Business Insider. The Citadel boss updated clients on the performance of Citadel Wellington Fund, the firm’s flagship multi-strategy fund that purchased a large portion of Situational Awareness’s investments last month
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Mark Zuckerberg bought an Irish castle 0
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- August 20, 2026
Meta CEO Mark Zuckerberg now owns an actual castle. Zuckerberg and his wife Priscilla Chan bought Strancally Castle and its 440-acre estate in Ireland “several weeks ago,” according to The Irish Times. While the exact price of the purchase is unclear, the family could have paid “anywhere between €20 million and €30 million” for the
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Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant | Fortune 0
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- August 16, 2026
A small investment made at the right moment has the power to launch ordinary people to millionaire status. All it took was $1,000 and an out-there idea for Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, to set his business on a path to becoming a $85 billion behemoth. “I had this idea that
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I bought my first investment property while still in college. Now I’m 24 and own 30 homes as a full-time landlord.0
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- August 15, 2026
This as-told-to essay is based on a conversation with Lawrence Guerguis, a 24-year-old based in Orange County, California, who started investing in real estate in the Midwest while still in college. The following has been edited for length and clarity. I always thought I’d go into investment banking and work on Wall Street. During my
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Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 21% in just the 14 months since Mark Walter bought them | Fortune 0
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- August 13, 2026
In 1979, Jerry Buss bought the Lakers and turned professional basketball into a Hollywood production: courtside celebrities, a fast, camera-ready style of play, an arena built to feel like a stage. He called it Showtime, and it worked so well it became the template every league in the world eventually copied. Forty-seven years later, the
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They bought homes at the peak of Austin’s housing boom. Now they’re taking devastating losses.0
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- August 5, 2026
Ryan McPherson fought hard for his piece of Austin. Back in the spring of 2022, when it seemed like everyone was angling for homes in the Texas capital, he and his wife set their sights on a tidy four-bedroom in a sprawling new development on the east side of town. They bid $20,000 above the
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