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☆ Take a look at the superyacht the Jefferies CEO just bought from the Houston Rockets' billionaire owner
▼ + stars: | 2024-04-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Jefferies CEO Rich Handler sold $65 million of stock — some of which he used to buy a superyacht. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . According to the yacht's shipyard, Westport Yachts, the off-market deal was pending as of last month. I just love it," Fertitta told a local ABC affiliate in 2017, referring to Boardwalk's $40 million price tag.

Persons: Rich Handler, Tilman Fertitta, —, Handler, van, Fertitta, I've, Forbes, Michael Organizations: Jefferies, Boardwalk, Service, Houston Rockets, Westport Yachts, ABC, Yachts International, Feadship —, Boat Locations: Westport, Fort Lauderdale , Florida, St

☆ Billionaire's million-dollar Nantucket beach house has officially been swept away
▼ + stars: | 2024-04-25 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com time to read: +6 min

This story is available exclusively to Business Insider subscribers. AdvertisementA representative for Sternlicht told Business Insider the house was to be demolished but did not provide further comment. The tony island of Nantucket is a favorite among billionaires like former Google CEO Eric Schmidt and Blackstone leader Steve Schwarzman. "Erosion takes out houses, roads, infrastructure, sewer beds, even airport runways," he told Business Insider. Despite the island's propensity for natural destruction, the town has strict rules regarding what structures owners can take down.

Persons: Barry, Sternlicht, Forbes, Shelly Lockwood, tony, Eric Schmidt, Steve Schwarzman, James Pallota, Pallota, Lockwood, Brendan Maddigan, Steven Cohen, Cohen Organizations: Service, Billionaire, Business, Sternlicht, Nantucket Current, Blackstone, Celtics, Boston Globe Locations: Nantucket

☆ Billionaire Columbia donor Leon Cooperman slams student protesters
▼ + stars: | 2024-04-23 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Leon Cooperman, a billionaire Columbia donor, weighed in on the crisis on the university's campus. Unlike the megadonor Robert Kraft, Cooperman said he's not pulling his donations. AdvertisementThe Wall Street titan Leon Cooperman is the latest billionaire to weigh in on student protests over Israel's war in Gaza. But unlike the megadonor Robert Kraft, Cooperman said he'd continue to give to Columbia even as he trashed student demonstrators. Kraft said he'd continue to support the school's Kraft Center for Jewish Student Life, which is named after him.

Persons: Leon Cooperman, Robert Kraft, Cooperman, he's, —, he'd, Israel, Turkey —, Nemat, Shafik, Peace —, Goldman Sachs, Kraft, megadonors, Marc Rowan, Lauder, Ronald Lauder, Les Wexner, Claudine Gay, Liz Magill Organizations: Service, CNBC, Columbia University, Columbia, Hamas, Capitol, — Columbia, Apartheid, Columbia Students, Justice, Jewish, Peace, New York City Police Department, Barnard College, Columbia Business School, Hunter College, Kraft, Patriots, school's Kraft Center for Jewish, Cooperman, Yale, New York University, Harvard, University of Pennsylvania Locations: Columbia, Gaza, Cooperman, Bronx, Israel, United States, Cyprus, Jordan, Turkey, Palestine

☆ How much Bill Gates pays in property taxes on his pricey real estate portfolio
▼ + stars: | 2024-04-22 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Bill Gates has amassed an extensive — and high value — real estate portfolio. Last year, the homes owned by Gates and his former wife, Melinda French Gates, racked up a $2.7 million property tax bill last year. That's more than 700 times as much as the average American pays in property taxes each year. Gates' highest property tax bill is in Washington state, where he has a 10.5-acre property in the tony Seattle suburb of Medina along Lake Washington. While high by most standards, Gates' property tax bill represents less than 0.01% of his $148 billion net worth — and a fraction of his total tax bill.

Persons: Bill Gates, Gates, —, Melinda French Gates, French Gates, ProPublica Organizations: Service, Yellowstone Club Locations: French, Seattle, Washington, tony Seattle, Medina, Lake Washington, California, Del Mar, Florida, Wellington, Montana

☆ Inside Bill Gates' real estate portfolio, from a Seattle mansion to houses at some of the US's most exclusive clubs
▼ + stars: | 2024-04-20 | by ( Madeline Berg | ) www.businessinsider.com time to read: +2 min

Here's a look at his real estate portfolio, which he spent $150 million and three decades building. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. As one of the richest people in the world for decades, the Microsoft cofounder has built up an impressive real estate portfolio. Over three decades, he and his ex-wife, Melinda French Gates, spent more than $150 million on their current real estate portfolio. AdvertisementHere's a look at Gates' many homes, along with details about transfers around the Gates divorce.

Persons: Bill Gates, —, I'm, Gates, Melinda French Gates Organizations: Service, The Telegraph, Microsoft, Business Locations: Washington , California, Florida, Montana, United States, Louisiana , Arkansas, Arizona, Seattle

☆ No matter how well Taylor Swift's 'The Tortured Poets Department' does, it won't be how she makes most of her money this year
▼ + stars: | 2024-04-19 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Taylor Swift's new album "The Tortured Poets Department" is almost guaranteed to be a bestseller. But no matter how well it does, it won't be the way Swift earns most of her money this year. In fact, the remaining leg of her Eras tour will add much more to Swift's billion-dollar fortune. Swift's Eras Tour brought in more than $1 billion in ticket sales last year over its 66 dates. Swift's cut is unknown, but based on industry standards, she will surely earn nine figures in 2024 from ticket sales.

Persons: Taylor, Swift, —, Taylor Swift, Clayton Durant, Tatiana Cirisano, Durant, Cirisano, Luminate Organizations: Department, Service, Spotify, Bloomberg, Management, NYU Steinhardt's Music Business, Billboard, Napster, Apple Locations: Paris

☆ Welcome to the Masters, a staple of the billionaire's social calendar
▼ + stars: | 2024-04-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're doing a deep dive into the golf tournament at one of the most exclusive clubs in the world . Mike Ehrmann/Getty ImagesHarvard University alumni, Goldman Sachs partners, Birkin bag owners — those exclusive groups are nothing compared to an Augusta National Golf Course membership. The Masters Tournament, the first of four men's major golf tournaments, kicks off today , write Business Insider's Madeline Berg and Taylor Rains. Since it's almost impossible to check out Augusta National otherwise, the Masters has become a staple of the billionaire's social calendar. Augusta National runs a lottery system for them.

Persons: —, Mike Ehrmann, Goldman Sachs, Birkin, Madeline Berg, Taylor, it's, Cork Gaines, aren't, Joe Ciolli, didn't, Chelsea Jia Feng, Bill Smead, Brad Porter, Elon Musk's, Y, Paul Graham, Alyssa Powell, Larry Ellison, David Ellison, Larry Ellison's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images Harvard University, Augusta, Waste, bros, Augusta National, Renaissance Technologies, Sigma, Robotics, Amazon Robotics, xAI, Paramount, Oracle, Google, JPMorgan, SpaceX Locations: Augusta, swag, Chelsea, D.E, Shaw's Valence, New York, London

☆ Billionaire golf fans' favorite tournament, the Masters, kicks off this week in Augusta
▼ + stars: | 2024-04-10 | by ( Madeline Berg | Taylor Rains | ) www.businessinsider.com time to read: +7 min

The Masters Tournament begins this week at Augusta National Golf Club. That's thanks to the Masters Tournament, the first in an annual run of major professional golf championships and a favorite of the superrich. Former Secretary of State Condoleezza Rice became one of the first women to join Augusta National in 2012. But if you're not a member, you're not invited by a member, you're not getting on Augusta National." The names of Augusta National members are kept confidential, though their green jackets are a tell.

Persons: Warren Buffett, Bill Gates, —, Dirk Ziff, Stanley Druckenmiller —, Barnabas Carrega, Carrega, State Condoleezza Rice, Timothy A, Clary, weren't, Darla Dee Moore, Richard Rainwater, Augusta National's, Billy Casper, Horton Smith, Jamie Squire, Phil Knight —, Robert Rowling, Herbert Allen Jr, David Duffield, Ernest Garcia, Greg Mondre, Garth Brooks, Luke Bryan, Rory McIlroy, Tiger Woods, that's Organizations: Augusta National Golf, Private, Service, Michelin, Golf, Bloomberg, State, Augusta National, Getty, Augusta, Augusta Regional Airport, Nike, reselling, Ticketmaster Locations: Augusta , Georgia, Augusta, Georgia, United States, Carvana

☆ All the famous people who appear in the sexual assault lawsuits filed against Sean Diddy Combs
▼ + stars: | 2024-04-08 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

The complaints against Diddy allege sexual assault and sex trafficking, and some include allegations against other known figures — though not all of the celebrities are listed as defendants. Here are the famous people mentioned in the sexual assault lawsuits against Combs. The raids come after Combs, more commonly known as Diddy, has been hit by a series of lawsuits alleging sexual assault, sexual misconduct, and sex trafficking. Despite media speculation, neither Mr. Combs nor any of his family members have been arrested nor has their ability to travel been restricted in any way. Mr. Combs is innocent."

Persons: Sean Combs, Diddy, Combs, —, Casandra Ventura, Aaron Dyer, Mr, Prince Harry, Nicki Minaj — Organizations: Service, Associated Press, Los Angeles Times, Homeland Security, Business Locations: Los Angeles, Miami

☆ Disney proxy battle is about a lot more than just two board seats
▼ + stars: | 2024-04-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

As for the newsletter, in today's big story, we're breaking down Disney's big proxy fight . Activist investor Nelson Peltz's proxy fight against Disney for two seats on the company's board comes to a head at its annual shareholder meeting today. The total amount spent between Disney and its rivals wrangling votes is estimated to be at least $70 million, a record for a proxy fight. The statue of Walt Disney and Mickey Mouse at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida. 3 things in businessWin McNamee/Getty Images; Chelsea Jia Feng/BIIn other newsAdvertisementWhat's happening todayThe Walt Disney Company's annual meeting will be held today.

Persons: —, Congrats, ya, Bob Iger, Nelson Peltz, Neilson Barnard, David A, Grogan, Nelson, Madeline Berg, BI's Peter Kafka, BI's Grace Eliza Goodwin, Walt Disney, Mickey Mouse, Joe Burbank, Rowe Price, Peltz's Trian, Neuberger Berman, Peltz, It's, Trian, they're, Stocks, Ray Dalio, it's, Quincy Krosby, Jeffrey Buchbinder, Alyssa Powell, Win McNamee, Chelsea Jia Feng, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, National, Getty, Disney, Magic, Walt Disney World, Orlando Sentinel, Tribune, Wall, BlackRock, Peltz's Trian Partners, California Public Employees, Financial Times, DuPont, Fed, JPMorgan, Bridgewater Associates, Astera Labs, Arm Holdings, LPL Financial, Apple, Nvidia, BI, Walt Locations: —, Virginia, Lake Buena Vista , Florida, China, Haiti's, New York, London

☆ Bob Iger says 'woke' Disney is over, but it may not silence his critics
▼ + stars: | 2024-04-03 | by ( Lucia Moses | Madeline Berg | ) www.businessinsider.com time to read: +5 min

Disney CEO Bob Iger wants people to know the company isn't trying to advance a political agenda. It's a message Iger has been keen to send since his return as CEO in November 2022. Peltz made "woke" Disney a plank of his campaign, questioning Marvel's "Black Panther" and "The Marvels" that cast Black and female leads, respectively. Just take the vicious online reactions to its new "Star Wars: The Acolyte" series on Disney+, made by a female showrunner. And with Iger promising the company will lean more on its beloved franchises, Disney is likely to continue being a magnet for criticism from social conservatives.

Persons: Bob Iger, aren't, —, Iger, I've, we'll, Ron DeSantis, Elon Musk, Ariel, Nelson Peltz, Peltz, Marvel's, — Iger, — Ben Hart, Star Wars Guy 💫, ake Organizations: Disney, Service, Reuters, Pixar, Florida Gov, Marvel, Financial, Star Wars Locations: Florida

☆ Disney's Bob Iger has won the long proxy battle against Nelson Peltz
▼ + stars: | 2024-04-03 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

It's a victory for CEO Bob Iger against activist investor Nelson Peltz. AdvertisementDisney CEO Bob Iger has officially prevailed in his battle against activist investor Nelson Peltz. Disney had been expected to prevail in the Peltz proxy battle. AdvertisementThe battle, though, likely prompted Iger and the board to redouble its focus on the next Disney CEO. "Regardless of the outcome of today's vote, Trian will be watching this company's performance," Peltz said at the meeting before the decision.

Persons: Bob Iger, Nelson Peltz, —, Peltz, Jay Rosulo, Horacio Gutierrez, Disney's, Maria Elena Lagomasino —, Iger, Disney, Neuberger Berman, Trian, Gen Z, Alpha, Bob Chapek, Iger's, Jason Schloetzer Organizations: Disney, Service, Trian Partners, CNBC, California Public Employees, Epic Games, ESPN, Georgetown University's McDonough School of Business

☆ Jeff Bezos snaps up a 3rd Miami-area mansion for $90 million
▼ + stars: | 2024-04-02 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

Jeff Bezos just bought a third mansion on the Miami-area island known as "Billionaire Bunker." Bezos paid $90 million for the home, which last sold for $2.5 million in 1998, Bloomberg reports. Bezos previously purchased multiple neighboring Seattle-area homes for his security and staff. The billionaire Amazon founder purchased a third home on Indian Creek island for $90 million in an off-market transaction, Bloomberg reported. Bezos first bought a $68 million waterfront mansion on Indian Creek in August.

Persons: Jeff Bezos, Bezos, —, Ivanka Trump, Tom Brady, snagged, Blue, Madeline Berg, Katherine Long Organizations: Bloomberg, Service, Amazon, Seattle Locations: Miami, Seattle, Biscayne Bay, Canaveral, Beverly, Texas, Hunts

☆ Disney's fight with Nelson Peltz will come to a head tomorrow. Here's where things stand.
▼ + stars: | 2024-04-02 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

A vote for the Disney's slate of board members will show support for Iger's performance as CEO since he returned to lead the company in November 2022. AdvertisementIt's the culmination of months of tussling between Disney and Peltz, who has been waging war against Disney's board since January last year. "When I sold Lucasfilm just over a decade ago, I was delighted to become a Disney shareholder because of my long-time admiration for its iconic brand and Bob Iger's leadership." And proxy advisory firm Institutional Shareholder Service recommended shareholders vote for Peltz, though not Rasulo. Advertisement"We wish the very best to Bob, this management team, and the board," Peltz said on CNBC at the time.

Persons: —, Bob Iger, Nelson Peltz's Trian, that's, Peltz, Jay Rasulo —, Maria Elena Lagomasino, Michael Froman, Gen, Alpha, Jason Schloetzer, BlackRock, Rowe Price, Iger, Roy Disney's, Laurene Powell Jobs, George Lucas, Lucas, Bob Iger's, Donald Duck's, Ludwig Von Drake, Schloetzer, Trian, That's, Neuberger Berman, Ike Perlmutter, he'd Organizations: Service, Disney, Nelson Peltz's Trian Partners, Business, Century Fox, Epic Games, Georgetown University's McDonough School of Business, Vanguard, Street Journal, ValueAct Capital, Walt, Star Wars, Lucasfilm, New York Times, California Public Employees, CNBC, Netflix, ABC, ESPN, Marvel, Financial

☆ The unwritten rules of superyachting
▼ + stars: | 2024-04-02 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That means that, aside from basic safety guidelines, most of the rules of superyachting are unwritten. Superyachts are expensive to build and expensive to maintain. For a $100 million yacht, that's at least $10 million yearly going to crew, regular maintenance, insurance, fuel, and dockage. So, the most important unspoken rule of superyachting is actually that the only thing better than owning a superyacht is knowing someone else who does.

Persons: —, centimillionaires, they're, Rich, Fraser, he's, Jeff Bezos Organizations: Service, Business, SuperYacht, Palm, Breed Media, Fraser Yachts Locations: superyachts, Aiden

☆ Tuition now costs a whopping $90,000 a year or more at some US universities
▼ + stars: | 2024-04-01 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Some American universities estimate their total cost of attendance will exceed $90,000 next year. Tuition and fees at universities have continued to climb, even when adjusted for inflation. The result may be a generation of students wondering if college is worth it. AdvertisementThe price of getting a degree has continued to climb at American universities, with the cost of some schools reaching a new threshold. Out-of-state and in-state tuition and fees at public universities have risen by about 38% and 56%, adjusted for inflation, over the same period.

Persons: —, Gen, Ana Hernández Kent, Louis Organizations: Service, New York University, Tufts, University of Pennsylvania, Yale, NYU, Board, U.S . News, for Higher, of Education, Universities, Institute for Higher Education, Institute for Economic Equity, Federal Reserve Bank of St Locations: U.S

☆ A degree now costs more than $90,000 a year at some US universities, showing how wildly expensive education is getting
▼ + stars: | 2024-03-30 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe price of getting a degree has continued to climb at American universities, with the cost of some schools reaching a new threshold. This story is available exclusively to Business Insider subscribers. Out-of-state and in-state tuition and fees at public universities have risen about 38% and 56%, respectively, inflation-adjusted over the same period. In a Business Insider and YouGov survey conducted last year, 46% of Gen Z respondents said they don't think college is worth the cost.

Persons: —, Gen, Ana Hernández Kent, Louis Organizations: Service, New York University, Tufts, University of Pennsylvania, Yale, Business, NYU, Board, U.S News, of Higher, of Education, Universities, Institute of Higher, Institute for Economic Equity, Federal Reserve Bank of St

☆ Billionaires' superyachts are bigger, better, and have more on board than ever
▼ + stars: | 2024-03-29 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

And if you don't have someone on board who can whip up a Michelin-star-worthy meal, you might as well stay on land. AdvertisementThe massage room aboard the Talisman C, a $60 million superyacht for sale at the Palm Beach show. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Courtesy of Breed MediaAnd what good is a massage room if no one on board can give one?

Persons: —, Ralph Dazert, Burgess, Anders Kurtén, Kurtén, Nero superyacht, Giovanna Vitelli, Champagne, Benetti's, Donald Trump, Trump, Vitelli, they're, It's, Jeff Bezos, Dazert, everything's, Nero, Jeffrey Beneville, Lana, Bill Gates Organizations: Service, Michelin, SuperYacht Times, Palm, Yachts, —, Monaco Yacht Locations: Russian, superyachting

☆ Disney and Florida reach a deal, putting their legal war on hold
▼ + stars: | 2024-03-27 | by ( Grace Eliza Goodwin | Madeline Berg | ) www.businessinsider.com time to read: +4 min

Disney World and Florida have settled their legal dispute. The board of the Central Florida Tourism Oversight District — which was DeSantis hand-picked to take control of Disneyworld's special tax district — agreed on Wednesday to settle the state lawsuit brought by Disney. AdvertisementBut just before DeSantis' allies took over the board, Disney's outgoing board members passed an agreement stripping the board of much of its power, effectively hamstringing DeSantis' incoming board. Related storiesNow, as part of the Disney-proposed settlement, Disney will agree to return power to the DeSantis-appointed board, which can now have a say in development plans and expansion. The settlement also instructs the tourism board to consult with Disney as it reviews and amends planning documents for the Disney World site.

Persons: Disney execs, DeSantis, Ron DeSantis, —, Bob Iger, Disneyworld, hamstringing, Iger, Disney, Charbel Barakat, Disney — I'm, Barakat, Walt, Jeff Vahle, Donald Trump, Nikki Haley, Egan, Jones, Nelson Peltz Organizations: Disney, Florida Gov, Service, Central, Improvement, DeSantis, Walt Disney World, Associated Press Locations: Florida, Central Florida, Reedy, Disney

☆ What yachting industry insiders have to say about Jeff Bezos' superyacht
▼ + stars: | 2024-03-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Read previewIt's been just about a year since Koru, Jeff Bezos' $500 million megayacht, set sail from the Oceanco shipyard in the Netherlands, capturing the attention of yachting insiders and land dwellers alike. Unlike many other megayachts, Koru, which media billionaire Barry Diller's Eos inspired, is designed as a sailing yacht. AdvertisementLike most other megayachts, Koru is powered by her engines, which are reportedly innovative in their use of a kinetic energy recovery system. AdvertisementTeak or not, the yachting industry isn't generally known for being all that environmentally friendly — or indeed lowkey, so many who BI talked to didn't buy into the idea that Koru is "too much." It's the latest superyacht to capture the yachting world's attention.

Persons: —, Jeff Bezos, Koru, they'd, Federico Rossi, Barry Diller's Eos, he'd, Bezos, Lauren Sanchez, Origin's, Shephard, That's, Anders Kurtén, I'm, Jerry Jones, Bernard Arnault, Mark Zuckerberg Organizations: Service, Palm, Business, Industry, Yachts Locations: Netherlands, St, Myanmar

☆ Diddy is one of hip-hop's richest and most powerful businessmen. Take a look at his net worth and web of influence.
▼ + stars: | 2024-03-26 | by ( Madeline Berg | Kelsey Vlamis | ) www.businessinsider.com time to read: +10 min

Read previewFederal officials raided the Los Angeles and Miami homes of Sean Combs on Monday. Despite media speculation, neither Mr. Combs nor any of his family members have been arrested nor has their ability to travel been restricted in any way. Mr. Combs is innocent." Within the first two years of the partnership, annual sales grew from 75,000 to 400,000 cases, according to a lawsuit Combs filed against Diageo last year. "She recognized that she was powerless, and that reporting Mr. Combs to the authorities would not alter Mr. Combs's status or influence but would merely give Mr. Combs another excuse to hurt her."

Persons: —, Sean Combs, Combs, Casandra Ventura, Ventura, Cassie, Rodney Jones Jr, Lil Rod, groping, Aaron Dyer, Mr, Diddy, Craig Mack, Faith Evans, Mase, B.I.G, Forbes, Sean John, they'd, DeLeon, He'd, Mark Wahlberg, Ciroc, Ethan Miller, Zack O'Malley Greenburg, Jay, — he's, he's, Kerry James Marshall, Andy Warhol, Keith Haring, Jean, Michel Basquiat, Joi Dickerson, Neal, Jane Doe, Sean Jean Organizations: Service, Federal Homeland Security, AP, Business, Bad Boy Records, Uptown Records, East, Bad, Arista Records, Global Brands Group, Diageo, of, Hulu, Combs Enterprises Locations: Los Angeles, Miami

☆ How Diddy got to be one of hip-hop's biggest businessmen
▼ + stars: | 2024-03-26 | by ( Madeline Berg | Kelsey Vlamis | ) www.businessinsider.com time to read: +10 min

AdvertisementFederal officials raided the Los Angeles and Miami homes of Sean Combs on Monday. Despite media speculation, neither Mr. Combs nor any of his family members have been arrested nor has their ability to travel been restricted in any way. Within the first two years of the partnership, annual sales grew from 75,000 to 400,000 cases, according to a lawsuit Combs filed against Diageo last year. "She recognized that she was powerless, and that reporting Mr. Combs to the authorities would not alter Mr. Combs's status or influence but would merely give Mr. Combs another excuse to hurt her." AdvertisementIn a separate lawsuit filed in November, Joi Dickerson-Neal alleges that Combs drugged and assaulted her in 1991.

Persons: Sean, Diddy, Combs, He's, —, Sean Combs, Casandra Ventura, Ventura, Cassie, Rodney Jones Jr, Lil Rod, groping, Aaron Dyer, Mr, Craig Mack, Faith Evans, Mase, B.I.G, Forbes, Sean Jean, they'd, DeLeon, He'd, Mark Wahlberg, Ciroc, Ethan Miller, Zack O'Malley Greenburg, Jay, — he's, he's, Kerry James Marshall, Andy Warhol, Keith Haring, Jean, Michel Basquiat, Joi Dickerson, Neal, Jane Doe Organizations: Service, Federal, Federal Homeland Security, AP, Business, Bad Boy Records, Uptown Records, East, Bad, Arista Records, Global Brands Group, Diageo, of, Hulu, Combs Enterprises Locations: Los Angeles, Miami

☆ Insiders still have no idea what's going to happen to Russian oligarchs' seized superyachts
▼ + stars: | 2024-03-26 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Many of their superyachts were seized or frozen, leading industry insiders to question their fate. The war prompted many governments to enact sanctions against Russia's richest, including seizing their superyachts worth hundreds of millions of dollars. At least a dozen superyachts — worth well over $1 billion combined — have been affected. Russia's sanctioned superyachts are hard to buy and sellThe first problem is that many of the yachts are "frozen" — not seized. "How does it look if you bought a Russian boat?"

Persons: It's, —, Russia's, I've, Julia Simpson, Thompson of Monaco, it's, Joshua Naftalis, Ralph Dazert, Alfa Nero, Eric Schmidt, Simpson Organizations: Service, Russia's, Palm, SuperYacht, Thompson, Pallas Partners, SuperYacht Times Locations: Russia, Ukraine, Russian, San Diego, Antigua, Barbuda, Maldives, Montenegro, Dubai

☆ The potential $2 billion sale of Selena Gomez's Rare Beauty could make her the next celebrity billionaire
▼ + stars: | 2024-03-20 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

Here's how Rare Beauty outdid other celebrity brands — and how it could make Gomez a billionaire. AdvertisementThere are currently at least 40 celebrity beauty brands on the market — all experiencing varying degrees of success. AdvertisementNow, Selena Gomez may be poised to join their ranks and become the next celebrity beauty billionaire. Rare Beauty is exclusively sold at Sephora — meaning a potential buyer would see plenty of room for growth. It's among the most-followed celebrity beauty brands on both Instagram and TikTok, with 7.1 million and 3.6 million followers, respectively.

Persons: Selena Gomez, Gomez, —, Hailey Beiber's Rhode, Addison, Brad Pitt's Le Domaine, Rihanna, Kim Kardashian, Kim, Anncy Rowe, Jeffrey Ten, Scott Friedman, Nikki Eslami, Pascal Le Segretain, it's, Friedman, Mehdi Mehdi, Joyce Kim, Estée Lauder, Elizabeth Taylor's, Rowe, she's, Alex Rawitz Organizations: Service, Coty, Bloomberg, Fashion, Business, Fast Company, Brand, New Theory Ventures, Nyx, L'Oréal Locations: SKKN, L'Oréal, Sephora

☆ The superyacht world is speculating that Mark Zuckerberg just bought this 118-meter boat
▼ + stars: | 2024-03-19 | by ( Madeline Berg | ) www.businessinsider.com time to read: +1 min

The 118-meter superyacht Launchpad made her maiden voyage last week. The yacht world is speculating that her owner is Meta CEO Mark Zuckerberg. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Yet some in the boat blogging world are speculating that Meta CEO Mark Zuckerberg is the new owner of Launchpad, a megayacht currently moored in Fort Lauderdale, Florida after she made her maiden voyage from Gibraltar to St Maarten last week. Launchpad clocks in at 118 meters long, about nine meters shorter than Jeff Bezos' superyacht Koru.

Persons: Mark Zuckerberg, —, St Maarten, Jeff Bezos Organizations: Service, Business Locations: Fort Lauderdale , Florida, Gibraltar, St

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