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☆ Here's where the world's top 0.001% are putting their money, according to wealth experts
▼ + stars: | 2024-04-22 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

"While there is no official threshold, centimillionaires or individuals with a total net worth of over $100 million, is a good benchmark as entry into the 0.001% club," said Kevin Teng, CEO of WRISE Wealth Management Singapore, a wealth enterprise for ultra-high net worth individuals. Family offices as investment vehiclesIndividuals of such wealth generally have their money managed by single family offices, which handle everything including their inheritance, household bills, credit cards, immediate family expenses, etc., said Andrew Amoils, an analyst at global wealth intelligence firm New World Wealth. "These family offices often have foundation arms for charities and venture capital arms that invest in high growth startups," said Amoils. The number of family offices in the world has tripled since 2019, topping 4,500 worldwide last year with an estimated $6 trillion in assets under management combined. Ultra high net worth individuals also explore potentially buying stakes in professional sports teams, said Dandrew's Buscemi.

Persons: Yana Iskayeva, Kevin Teng, Salvatore Buscemi, Teng, Buscemi, Michael Sonnenfeldt, —, Andrew Amoils, Dandrew's Buscemi, Jerry Jones, Jayne Kamin Organizations: WRISE Wealth Management Singapore, Bay Area, NFL, Dandrew, CNBC, Dandrew Partners, Tiger, Dallas Cowboys, Getty Locations: centimillionaires, New York City, Bay, Los Angeles, London, Beijing, WRISE, United States, Oxnard , California

In 2021, college athletes in the NCAA gained the opportunity to benefit financially from their name, image and likeness — known as NIL regulations. The NIL era has allowed college athletes to save for the future and seek professional financial advice in a way many 18- to 22-year-olds can't. NCAA athletes hire agents and financial advisors to help them negotiate NIL deals, ushering in new financial responsibilities. Copeland is the CEO of Athletes.org, an organization that focuses on helping college athletes navigate this new world. Morgan Stanley's head of Global Sports and Entertainment, Sandra Richards, and her team work with several NCAA athletes.

Persons: Caitlin Clark, Matthew Holst, Olivia Dunne, Chase Griffin, Griffin, Jayne Kamin, I've, He'll, Brandon Copeland, Copeland, Morgan Stanley's, Sandra Richards, Richards Organizations: Iowa Hawkeyes, Ohio State Buckeyes, Carver, Getty, NCAA, Louisiana State University, University of Iowa, UCLA, UCLA Bruins, Arizona Wildcats, Rose, CNBC, NFL, CNBC Global Financial Wellness, Global Sports, Entertainment Locations: Iowa City , Iowa, Pasadena , California

☆ MLB roundup: D-backs blast Clayton Kershaw, Dodgers
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +3 min

[1/4] Oct 7, 2023; Los Angeles, California, USA; Arizona Diamondbacks catcher Gabriel Moreno (14) hits a three run home run against the Los Angeles Dodgers in the first inning for game one of the NLDS for the 2023 MLB playoffs at Dodger Stadium. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY Sports Acquire Licensing RightsOctober 8 - The visiting Arizona Diamondbacks made a statement Saturday, using a six-run first inning against Los Angeles Dodgers left-hander Clayton Kershaw to pave the way for an 11-2 victory in Game 1 of the National League Division Series. Arizona right-hander Merrill Kelly (1-0), who does not have a win in 16 regular-season starts against Los Angeles, went 6 1/3 scoreless innings to earn the postseason victory. Anthony Santander had a homer, single, walk and scored twice for Baltimore, the top seed in the AL playoffs. Phillies 3, Braves 0Seven pitchers combined on a five-hit shutout as Philadelphia blanked host Atlanta in Game 1 of the NLDS.

Persons: Gabriel Moreno, Jayne Kamin, Clayton Kershaw, Corbin Carroll, Alek Thomas, Tommy Pham, Pham, Merrill Kelly, Kershaw, Emmet Sheehan, Josh Jung, Evan Carter, Carter, Anthony Santander, Yordan Alvarez, Justin Verlander, Alvarez, Royce Lewis, Bryce Harper, Jeff Hoffman, Craig Kimbrel, Spencer Strider Organizations: Arizona Diamondbacks, Los Angeles Dodgers, Dodger, National League, Diamondbacks, NL, Rangers, Orioles, Baltimore, American League, Texas, AL, Astros, Houston, Minnesota, Twins, Phillies, Braves, Seven, Philadelphia, Atlanta, Thomson Locations: Los Angeles , California, USA, Arizona, Los Angeles, Texas

☆ MLB roundup: Dodgers blank Brewers for 11th straight win
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +4 min

After seven scoreless innings from Lance Lynn, Dodgers left-hander Caleb Ferguson (7-3) pitched a scoreless eighth inning. Brewers starter Corbin Burnes gave up two hits over seven scoreless innings while walking two and striking out nine. Mariners 6, Royals 4Julio Rodriguez went 5-for-5 with a home run and five RBIs, leading Seattle's come-from-behind win at Kansas City. The victory was the Diamondbacks' third straight over the Padres and their fifth in six games since a nine-game losing streak. Padres starter Rich Hill (7-13) gave up three runs on two hits, both home runs, in five innings.

Persons: Austin Barnes, Jayne Kamin, Barnes, Joel Payamps, Lance Lynn, Caleb Ferguson, Evan Phillips, Corbin Burnes, Tyrone Taylor, Joey Meneses, Patrick Corbin, Keibert Ruiz, Stone Garrett, Corbin, Kyle Finnegan, Luis Urias, Rafael Devers, Triston Casas, Julio Rodriguez, Seattle's, Rodriguez, Carlos Hernandez's, Pete Alonso, Louis, Tim Locastro, Jose Quintana, Trevor Gott, Adam Wainwright, Tyler O'Neill, Zac Gallen, San, Padre Tommy Pham, Rich Hill Organizations: Los Angeles Dodgers, Milwaukee Brewers, Dodger, Dodgers, Brewers, Milwaukee, Red Sox, Washington, Boston, Nationals, Mariners, Royals, Kansas, Mets, Cardinals, New York, St, Diamondbacks, Padres, Arizona, Gallen, Thomson Locations: Los Angeles , California, USA, Kansas City, San Diego

☆ 'Grand rising!' Bronny James plays piano in video after cardiac arrest
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +2 min

[1/2] Sierra Canyon Trailblazers point guard Bronny James looks on during warm up for the Battle of the Valley against the Notre Dame Knights played at Pauley Pavilion in Los Angeles, California, U.S. January 27, 2023. Jayne Kamin-Oncea-USA TODAY Sports via REUTERS/File PhotoLOS ANGELES, July 29 (Reuters) - Bronny James, who less than a week ago suffered cardiac arrest while training with the University of Southern California (USC) basketball team, was seen playing piano in a video posted by his father LeBron James on Saturday. LeBron James said in a video posted to Instagram. Doctors offered no word of if or when Bronny James would return to the basketball court but indicated his recovery so far has been encouraging. Reporting by Rory Carroll in Los Angeles; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

Persons: Bronny James, Jayne Kamin, LeBron James, James, Vince Iwuchukwu, Iwuchukwu, Damar Hamlin, Hamlin, Doctors, Rory Carroll, Lincoln Organizations: Notre Dame Knights, Pauley, Sports, REUTERS, University of Southern, USC, Sinai Medical, Los Angeles Lakers, NBA, Buffalo Bills, Thomson Locations: Los Angeles , California, U.S, University of Southern California, Cedars, Cincinnati, Los Angeles

☆ LeBron James thanks fans for love after son's cardiac arrest
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

Jayne Kamin-Oncea-USA TODAY Sports via REUTERS/File Photo MANDATORY CREDITJuly 27 (Reuters) - LeBron James thanked fans on Thursday for their love and prayers for his son Bronny, who suffered a cardiac arrest while training with the University of Southern California (USC) basketball team. The 18-year-old son of the NBA's all-time leading scorer went into cardiac arrest on Monday and was rushed to hospital where he was placed in intensive care. "I want to thank the countless people sending my family love and prayers," posted James on messaging platform X, formerly known as Twitter. Iwuchukwu was revived by team's medical staff and played last season after recovering. It is also reminiscent of an incident in January, when Buffalo Bills safety Damar Hamlin collapsed from a cardiac arrest during a Monday night NFL game in Cincinnati.

Persons: Bronny James, Jayne Kamin, LeBron James, Bronny, James, Vince Iwuchukwu, Iwuchukwu, Damar Hamlin, Hamlin, Steve Keating, Christian Radnedge Organizations: Notre Dame Knights, Pauley, Sports, REUTERS, University of Southern, USC, Angeles Fire Department, Galen Center, Los Angeles Lakers, NBA, Buffalo Bills, Thomson Locations: Los Angeles , California, U.S, University of Southern California, Cincinnati, Toronto

☆ NBA roundup: Devin Booker leads Suns to series lead vs. Clippers
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +2 min

[1/3] Apr 20, 2023; Los Angeles, California, USA; Los Angeles Clippers guard Russell Westbrook (0) drives past Phoenix Suns guard Devin Booker (1) in the second half at Crypto.com Arena. Bones Hyland put up 20 points for Los Angeles. Andrew Wiggins finished with 20 points for the Warriors, who trail 2-1 heading into a game in San Francisco on Sunday. The 76ers, up 3-0 in the Eastern Conference first-round playoff series, can eliminate the Nets on Saturday in Game 4 in New York. Harden scored 21 before being ejected for committing a flagrant foul 2 when he elbowed Royce O'Neale late in the third quarter.

☆ MLB roundup: Clayton Kershaw blanks Mets, gets 200th win
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +13 min

Martinez hit two home runs in his first multi-homer game with the Dodgers and the 19th of his career. In addition to his milestone win, Kershaw (3-1) also improved to 11-0 in 17 career regular-season starts against the Mets. Mets starter Tylor Megill (3-1) gave up three runs on seven hits over five innings. Bassitt (2-2) allowed three hits and walked one batter while notching five strikeouts in 6 1/3 innings. Philadelphia chased Lance Lynn (0-2) with one out in the sixth; he allowed five runs on 10 hits, fanning seven.

Two former college athletes filed the complaint against the NCAA, which is the governing body for U.S. intercollegiate sports, and a group of its member conferences. The lawsuit alleged an unlawful conspiracy to bar cash awards for academic success. The suit seeks to represent a class of "thousands" of current and former student athletes who competed on a Division I team starting in April 2019, before the academic awards were permitted. The complaint said the NCAA, its league conferences and member schools "generate billions of dollars a year in revenues from Division I sports." The plaintiffs "did not receive the academic achievement awards that they would have received in a competitive market," the complaint alleges.

☆ Medvedev aims to build new streak after falling to Alcaraz
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] Mar 19, 2023; Indian Wells, CA, USA; Daniil Medvedev (RUS) hits a shot in the men’s final match against Carlos Alcaraz (ESP) in the BNP Paribas Open at the Indian Wells Tennis Garden. Jayne Kamin-Oncea-USA TODAY SportsMarch 20 (Reuters) - Daniil Medvedev suffered double disappointment on Sunday after losing to Carlos Alcaraz in the Indian Wells final and seeing his 19-match winning run snapped, but the Russian said the only thing to do now was embark on another streak. That's actually disappointing," Medvedev said. "This would be cool to try to beat it and maybe try to prolong it as long as possible. I'm proud of it, and now it's time to try to build a new streak.

☆ Alcaraz routs Medvedev in Indian Wells final, reclaims No. 1 ranking
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +3 min

[1/2] Mar 18, 2023; Indian Wells, CA, USA; Carlos Alcaraz (ESP) hits a shot in the semi final match defeating Jannik Sinner (ITA) in the BNP Paribas Open at the Indian Wells Tennis Garden. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY SportsMarch 19 (Reuters) - Top seed Carlos Alcaraz snapped Daniil Medvedev's 19-match win streak with a 6-3 6-2 rout in the Indian Wells final on Sunday that will see him leapfrog Novak Djokovic and return to world number one in the rankings. Alcaraz did not drop a set across six matches in the tournament and his performance in the California desert gives him an added boost of confidence ahead of his Miami Open title defence. Djokovic withdrew from the draw for the Indian Wells event in an indication that his application for a COVID-19 vaccine waiver to enter the U.S. might have failed. The Serbian has also withdrawn from the Miami Open.

☆ NHL roundup: Adrian Kempe, Kings pound Penguins
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +10 min

Mika Zibanejad scored his 27th goal, Kaapo Kakko also found the net and Vincent Trocheck and Jimmy Vesey each added two assists. Carolina's Sebastian Aho saw his six-game goal streak end. Blues 6, Coyotes 5 (OT)Ryan O'Reilly scored the winning goal 1:02 into overtime to lift St. Louis past visiting Arizona. Scott Wedgewood made 28 saves in his first appearance since blanking the Los Angeles Kings 4-0 on Jan. 19. Jonatan Berggren scored two goals, Filip Hronek scored a goal, and Ben Chiarot had two assists for the Red Wings.

☆ NBA roundup: Bucks best Clippers for 10th straight win
▼ + stars: | 2023-02-11 | by ( ) www.reuters.com time to read: +9 min

Brandon Boston Jr. scored 20 points and Paul George added 19 points and 11 rebounds for the Clippers. Norman Powell had 16 points and Marcus Morris Sr. scored 15 for Los Angeles, which has lost two games in a row. Domantas Sabonis put up 18 points, 11 rebounds and a team-high seven assists for the Kings. Detroit's Jaden Ivey supplied 17 points, eight rebounds and eight assists, while Isaiah Stewart had 15 points and 11 rebounds. Desmond Bane added 20 points, seven rebounds and five assists, while Jaren Jackson Jr. tallied 15 points and six rebounds.

☆ NBA roundup: Cavs down Lakers for 8th straight win
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +3 min

[1/5] Nov 6, 2022; Los Angeles, California, USA; Los Angeles Lakers forward Troy Brown Jr. (7) guards Cleveland Cavaliers guard Donovan Mitchell (45) as he drives to the basket in the first half at Crypto.com Arena. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY SportsNovember 7 - Behind 33 points from Donovan Mitchell and a dominant fourth quarter, the Cleveland Cavaliers scored their eighth consecutive win with a 114-100 defeat of the host Los Angeles Lakers on Sunday. Los Angeles held an 80-77 lead with less than four minutes to go in the third quarter. Mitchell's backcourt mate, Darius Garland, added 24 points, while Jarrett Allen scored 16 with a team-high 11 rebounds for a double-double. Anunoby added 22 points and Scottie Barnes had 19 points and 10 rebounds for the Raptors, who visit Chicago for a rematch on Monday.

[1/6] Nov 5, 2022; Los Angeles, CA, USA; Los Angeles FC forward Carlos Vela (10) celebrates with the Philip F. Anschutz Trophy after defeating the Philadelphia Union in the 2022 MLS Cup championship game at Banc of California Stadium. With the win LAFC have delivered on the high expectation that came when they joined MLS in 2018. "The reason why I came here was to try and help the club win the MLS Cup," said Bale, who will captain Wales in the Qatar 2022 World Cup that kicks off later this month. It's important for this club to go to the next level, and I think by winning this trophy, it shows that we are. Reporting by Rory Carroll in Los Angeles; editing by Jonathan Oatis and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

☆ NBA roundup: LeBron James, Anthony Davis lead Lakers to first win
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +6 min

Rookie Jaden Ivey added 15 points in the Pistons' first win since opening night. Stephen Curry topped Golden State with 32 points and Jordan Poole had 30 points. Doncic recorded his sixth consecutive outing of at least 30 points after making 17 of 26 shots from the floor. The Spurs were up by 15 points heading into the fourth quarter before Minnesota pulled to within three early in the period. Keita Bates-Diop scored 18 points for San Antonio, while Tre Jones hit for 10 and Jakob Poeltl grabbed a game-high 14 rebounds.

“He was always on, always.”Jarrín, now 86, is set to retire as the Dodgers’ Spanish-language broadcaster this year. Jaime Jarrín threw out the first pitch to mark his last year on the job on April 14 at Dodger Stadium in Los Angeles. Jarrín was scheduled to retire on Jaime Jarrín Day, on Oct. 1, when the Dodgers played the Colorado Rockies at home. Jaime Jarrín waves to the crowd during his final regular season game at Dodger Stadium, in Los Angeles, on Oct. 5. “Jaime Jarrín has been the first voice that I can remember as a kid,” said Jose Benito Garcia, 35, of Inglewood.

☆ NFL roundup: Cowboys win 4th straight, defeat defending Super Bowl champ Rams
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +10 min

Los Angeles quarterback Matthew Stafford was 28 of 42 for 308 yards with a touchdown and an interception. Register now for FREE unlimited access to Reuters.com RegisterBrett Maher made field goals of 33, 40 and 36 yards for the Cowboys. Allen's day included a 98-yard touchdown pass to Gabe Davis, which tied a franchise record for the longest completion. Patriots 29, Lions 0Bailey Zappe threw a touchdown pass in his first career NFL start and Kyle Dugger returned a fumble for a touchdown as New England cruised past Detroit at Foxborough, Mass. Saints 39, Seahawks 32Taysom Hill ran for 112 yards and three touchdowns, while also throwing a touchdown pass as host New Orleans defeated Seattle.

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