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☆ How Real Estate Became Showbiz and Agents Became Stars
▼ + stars: | 2024-04-28 | by ( Debra Kamin | ) www.nytimes.com time to read: +1 min

The crowd began gathering at 5 p.m., into the movie-perfect backyard of a 1920s Spanish-style Los Angeles estate once owned by Madonna. Unlike the Oscars or the Golden Globes, these awards didn’t go to actors, directors or screenwriters. They went to real estate agents, crowned in categories like “Stratospheric Sale of the Year.” (The winner of that award was Kurt Rappaport, who represented Beyoncé and Jay-Z as they closed on a $190 million Malibu pad last May.) As a real estate broker with two seasons of “Buying Beverly Hills” and 13 seasons as a real husband on “The Real Housewives of Beverly Hills” under his belt, Mr. Umansky was the consummate M.C. for the evening’s Power Broker Awards.

Persons: Mauricio Umansky, Kurt Rappaport, Beyoncé, Umansky Organizations: Madonna, Globes, Malibu, Housewives, Beverly, evening’s Locations: Spanish, Los Angeles, Santa Monica, Beverly Hills

☆ Real Estate Fantasies
▼ + stars: | 2024-04-28 | by ( Debra Kamin | ) www.nytimes.com time to read: +1 min

There are few acts more optimistic than shopping for a home. You walk through its doors, run your fingertips along its appliances and see your face reflected in its windows and mirrors. Real estate agents understand this allure. And the really good ones are so adept at spinning the fantasy that they’re building careers on television out of it. For a new story for The Times’s real estate section, which published this morning, I spent time with agents from shows like “Million Dollar Listing” and “Buying Beverly Hills” to understand how they became stars in their own right, and what that tells us about the state of housing in the U.S.Hollywood luxuryLate last year, I flew to Los Angeles to attend an awards show for some of Hollywood’s most famous real estate agents.

Persons: Mauricio Umansky, Kurt Rappaport, Beyoncé Organizations: Hollywood, Madonna, Malibu Locations: U.S, Los Angeles

☆ Biden fund gets big donation from son of Republican megadonor Larry Ellison
▼ + stars: | 2024-04-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on January 07, 2024 in Beverly Hills, California. David Ellison, the son of Republican megadonor Larry Ellison, gave $929,600 to back the re-election efforts of President Joe Biden, putting him among the top recent donors to the incumbent Democrat. David Ellison's donation is the largest recorded contribution that the Skydance Media CEO ever made to a federal candidate, according to Federal Election Commission records. David Ellison's donation comes as his father, Larry Ellison, the chairman of Oracle, has kept his wallet firmly shut this election cycle. Larry Ellison donated more than $31 million to Republican candidates during the 2022 congressional midterms, according to data from OpenSecrets.

Persons: David Ellison, The Beverly Hilton, Larry Ellison, Joe Biden, David Ellison's, George Conway, Donald Trump, Dustin Moskowitz, Charles Myers, bundler, Biden, Soros, Myers, George Soros, Biden's, Trump, —, Jeffrey Katzenberg, Katzenberg, Kurt Rappaport, Rappaport Organizations: Skydance Media, The Beverly, Commission, Biden, Facebook, Oracle, Trump, CNBC, Democratic, Republican, Hollywood Locations: Beverly Hills , California, OpenSecrets, Los Angeles

☆ Elon Musk's emails about OpenAI could be another nail in the coffin for his lawsuit against the company
▼ + stars: | 2024-03-06 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

The emails could undermine Musk's lawsuit against the AI venture, experts told BI. The AI company on Tuesday released a slew of emails that it claims were sent between Musk and its other founders. Meanwhile, OpenAI might still pay a price for Musk's lawsuit in the form of lost time and resources. Advertisement"I think Musk's lawsuit is already doing what he intended," Hoffman said. "Change your name to ClosedAI and I will drop the lawsuit," Musk wrote on X.Musk's lawsuit comes after the billionaire launched his own AI company last year.

Persons: OpenAI, Elon Musk, —, Elon, Musk, hadn't, Samuel Brunson, Brunson, David Hoffman, Hoffman, Kyle Lawrence, Falcon Rappaport, Berkman, Lawrence, he'd, Tesla Organizations: Elon, Service, Business, Loyola University, University of Pennsylvania, OpenAI Locations: OpenAI

☆ Elon Musk just threw down the gauntlet at Sam Altman, and there's no going back
▼ + stars: | 2024-03-02 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Read previewIt was last May, and Elon Musk was sitting down for an interview with CNBC's David Faber. When asked about Altman and OpenAI, Musk grew visibly frustrated. AdvertisementMusk's answer may have been the writing on the wall that the billionaire was ready to take Altman and OpenAI to court. "It would be very difficult to claim a breach of contract without a written contract," Hoffman said. As one of the richest men in the world, Musk could tie OpenAI up in litigation for years, according to Lawrence.

Persons: —, Elon Musk, CNBC's David Faber, Altman, Musk, OpenAI, Kyle Lawrence, Falcon Rappaport, Berkman, he'd, Tesla, Musk's grandstanding, David Hoffman, Hoffman, Samuel Brunson, Lawrence, who's, " Brunson Organizations: Service, Business, Microsoft, GPT, Falcon, University of Pennsylvania, Altman, Loyola University Locations: Lawrence

☆ The most expensive home for sale in the U.S. goes up for $295 million in Naples, Florida
▼ + stars: | 2024-02-10 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it's called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal. The mega-listing includes a main house that spans about 11,500 square feet, with six bedrooms. Two guest houses, each over 5,000 square feet, bring the estate's total interior living space to 22,800 square feet. The residence sits high atop 217 West 57th Street, overlooking Central Park, spanning three floors and over 17,500 square feet.

Persons: Gordon Pointe, Leighton Candler, Corcoran, Candler, Gordon, John, Rhodora Donahue, John Donahue, Hermes, Dawn McKenna, McKenna, she's, It's, Cody Boone, Ryan Serhant, Serhant, naysayers, Donna Olshan, Karen Winnick, Gary Winnick, Kurt Rappaport, that's, Jonathan Miller, Miller Samuel, Jeff Bezos, Clodagh Kilcoyne, Ken Griffin, Larry Ellison, Marc Andreessen, Jim Bartsch, Jerry Perenchio, Miller, Lachlan Murdoch, Rupert Murdoch Organizations: Royal, CNBC, U.S . Army Corps of Engineers, Dawn McKenna Group, Coldwell, Coldwell Banker Realty, St, SERHANT Studios, Encantada, U.S, Washington , D.C, Reuters, Amazon, Oracle, Bel Air, Fox Corp Locations: Gordon Pointe, U.S, Naples , Florida, Gulf, New York, of Mexico, Pittsburgh, Port Royal, America, New York City, Central, Manhattan, Los Angeles, Bel, Washington ,

☆ Meet Allison Greenfield, the law clerk driving Trump bonkers at his fraud trial
▼ + stars: | 2023-12-03 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +18 min

In Donald Trump's civil fraud trial, however, his attorneys have spent a disproportionate amount of time — and ire — on Allison Greenfield, the judge's principal law clerk. Notes and whispersDuring the trial, Greenfield is quiet. AP Photo/Seth WenigBecause of the enormous public interest in the Trump trial, it's held in the New York civil court's large ceremonial courtroom. AdvertisementEarly in the trial, Engoron issued a gag order forbidding Trump — and later his attorneys — from disparaging his staff, including Greenfield, citing numerous threats. A New York Law Department representative said a list of her cases was "not readily available."

Persons: Donald Trump, Arthur Engoron's, Allison Greenfield, —, Donald Trump's, Arthur Engoron, Letitia James, — Engoron, James, Alina Habba, Habba, James didn't, Hillary Clinton, Greenfield, Engoron, Christopher Kise, Clifford Roberts, Jesus M, Suarez, Trump, Chris Kise, Seth Wenig Greenfield, interposes, Alison R, Democratic Sen, Chuck Schumer, Schumer, they're, Seth Wenig, it's, It's, Trump's, Ruth B, Kraft, Falcon Rappaport, Berkman, Engoron's, hasn't, she'd, Images Greenfield, George B, Daniels, Bill Clinton, Jaffe & Asher, Gregory Galterio, Jaffe, Cardozo, Johnny Depp, Amber Heard, Anna Sorokin, Anna Delvey, Sorokin, Donald Trump Jr, Brendan McDermid, he's, — Greenfield, Greenfield didn't, Kise, Laura Italiano Organizations: Service, New, Trump —, Trump Organization, AP, Democrat, Republican Party, Democratic, Trump, Falcon, Truth, Images, Cardozo School of Law, New York University, US, Jaffe &, New York Police Department, New York Law, Engoron, American Civil Liberties Union, Business, Democratic Party, West Side Democrats, Grand Street Democrats, Hell's, Democrats, Village Independent Locations: Greenfield, New, Manhattan, New York, Engoron, York, SLU

BALTIMORE (AP) — Soon after U.S. bishops inside a Baltimore hotel approved materials on how Catholics should vote in 2024 elections, their recently ousted colleague and dozens of his supporters rallied outside the annual fall business meeting. We are serving migrants in our dioceses.”Outside the meeting’s last day of public sessions, Strickland, the ousted bishop, continued to make his presence known. When the pope asked Bishop Strickland to resign, it was a wound to the whole church,” Allen said. Many U.S. Catholic student centers are named in honor of Newman, which Bishop William Byrne, a former college chaplain, pointed out. ___Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.

Persons: —, Bishop Joseph Strickland, Pope Francis, restate, ”, William Lori, Strickland, Cardinal Christophe Pierre, Pope Francis ’, Mary Rappaport, Suzanne Allen, “, Bishop Strickland, ” Allen, Rappaport, ” Strickland, Cardinal John Henry Newman, Newman, Bishop William Byrne, ” Newman, Robert Barron, ” ___ Smith Organizations: BALTIMORE, U.S . Conference of Catholic Bishops, U.S, Catholic, ___, Lilly Endowment Inc, AP Locations: Baltimore, Tyler , Texas, America, ”, United States, Alexandria , Virginia, Westport , Connecticut, Winona, Rochester, Minnesota, Pittsburgh

☆ Beyoncé and Jay-Z Are Clients, So Too Larry Ellison: How a Superbroker Operates
▼ + stars: | 2023-11-11 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

If you’re Kurt Rappaport —a real-estate agent to the stars, with billionaires on speed dial and $100 million home sales under your belt—there’s really only one way to throw yourself a housewarming party, and that’s by inviting Snoop Dogg to DJ. The 2022 event, at Rappaport’s old Hollywood-style compound in Los Angeles, was the culmination of a five-year renovation. It epitomized the rarefied world of luxury real estate in which Rappaport operates, where A-list clients flip $50 million homes and industrious agents can make fortunes of their own helping others buy and sell real estate.

Persons: Kurt Rappaport —, Snoop Dogg, DJ, Rappaport Locations: Los Angeles

WASHINGTON (AP) — President Joe Biden has vetoed Republican-sponsored bills intended to undo federal protections for two endangered species that have seen their populations plummet over the years: the lesser prairie chicken and northern long-eared bat. The two GOP measures would overturn “science-based rulemaking" that offers important protections for the once-abundant species and would undermine the Endangered Species Act, Biden said. Environmentalists have long sought stronger federal protections for the prairie bird, which they consider severely at risk due to oil and gas development, livestock grazing and farming, along with roads and power lines. Veto of the lesser-prairie chicken measure puts the bird "on a more certain path to recovery,” said Michael Parr, president of American Bird Conservancy. The American public, regardless of party affiliation, overwhelmingly supports the Endangered Species Act and believes it should be fully funded to protect species from extinction.

Persons: Joe Biden, Biden, Bruce Westerman of, “, ”, Michael Parr, ” Jamie Rappaport Clark Organizations: WASHINGTON, Republican, GOP, Congress, U.S . Fish, Wildlife Service, National Marine Fisheries Service, Natural Resources, Republicans, Washington , D.C, Council, Fish and Wildlife Service, Environmental, American Bird Conservancy, of Wildlife, American Locations: Midwest, New Mexico, Texas, Colorado , Oklahoma, Kansas, United States, Bruce Westerman of Arkansas, America, East, South America, Washington ,, Canada, U.S

☆ 27-year-old who’s been laid off 3 times in 3.5 years: A 9-to-5 is ‘a false sense of security’
▼ + stars: | 2023-09-13 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

By mid-2022, however, boom times at her company were beginning to deflate, and the business went through a big round of layoffs. She was offered the job of senior content marketing manager and started her new job in January 2023. The 9-to-5 offers 'a false sense of security'Rappaport stayed busy as the newest member of the company's four-person marketing team. It's also shifted her career plans: "It is a bit of a false sense of security, the whole 9-to-5 thing," she adds. Don't miss: 32-year-old tech worker got a $54,000 pay bump without looking for a new job—here’s howBuilding security into her next career move

Persons: Rachel Rappaport, Rappaport, Josh Rappaport, didn't, it's, It's Organizations: New, CNBC Locations: New York City, U.S

☆ Beyoncé and Jay-Z Join the $100 Million Home Club
▼ + stars: | 2023-06-01 | by ( Debra Kamin | ) www.nytimes.com time to read: +1 min

Beyoncé and Jay-Z, no strangers to flashy real estate deals, reportedly upgraded from their $88 million mansion in Bel Air, Calif., to a $200 million Malibu property last month, officially erasing the line between going big and going home. The sale marks the most expensive residential real estate deal in California history — but not the most expensive in American history. That would be the $238 million sale in January 2019 of an unfinished penthouse on Central Park South, in Manhattan, to the billionaire hedge fund tycoon Kenneth C. Griffin. Still, California can claim 10 of the 20 most expensive property sales ever in the United States, according to data compiled by Jonathan Miller of Miller Samuel appraisals. Beyoncé and Jay-Z, who have bought and sold multimillion-dollar homes in Miami, New Orleans and the Hamptons, are now in a rarefied club of celebrities who own properties worth $100 million or more.

Persons: Beyoncé, Tadao Ando, William Bell Jr, Kurt Rappaport, Rappaport, Kenneth C, Griffin, Jonathan Miller, Miller Samuel Organizations: Calif, Malibu, TMZ, Westside Estate Agency, Park, Hamptons Locations: Bel Air, California, Manhattan, , California, United States, New York, Florida, Connecticut, Miami , New Orleans

☆ Beyoncé and Jay-Z smash California real estate records with their purchase of a $200 million concrete compound overlooking the ocean
▼ + stars: | 2023-05-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

The $200 million mansion was created by architect Tadao Ando, who also designed a home for Kanye West. The concrete compound comes with a 40,000 square foot residence and pool just steps from the beach. The concrete compound features an infinity pool just steps from the Pacific ocean. A sky view of 27712 Pacific Coast Highway in Malibu, purchased by Beyonce and Jay-Z in May of 2023 for $200 million. The 40,000 square foot residence was designed by iconic Japanese architect Tadao Ando.

☆ Wiz ranks as No. 5 on Disruptor 50 list with a start as a $10 billion startup
▼ + stars: | 2023-05-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWiz ranks as No. 5 on Disruptor 50 list with a start as a $10 billion startupAssaf Rappaport, Wiz CEO, one of the companies on this year’s annual Disruptor 50 list, joins 'Squawk on the Street' to discuss the state of cybersecurity.

☆ Wiz's rapid ascent to $10 billion valuation in market downturn shows cloud security is 'still huge'
▼ + stars: | 2023-05-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +6 min

The accelerated shift to cloud computing has boosted adoption of security software that can identify the spots where hackers can wage attacks. Older security companies such as Palo Alto Networks and Rapid7 have widened their portfolios to specialize in securing the cloud. Regardless of how Thomas views Wiz, in February his company added the startup to its list of competitors, putting it alongside Palo Alto Networks . Rappaport called out Palo Alto Networks, which has an offering called Prisma Cloud, as his company's best place to snag business. Rappaport also knows plenty about Microsoft, having sold his prior security startup, Adallom, to the company for $320 million in 2015.

☆ 3 things that will propel Uber's ad offering to become a $1 billion business, according to advertisers
▼ + stars: | 2023-02-24 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +4 min

The company is justifying its steep ad prices by pitching advertisers its first-party data that shows where people are and where they're going. Advertisers laid out why Uber's ads are so valuable, and how the company has been able to pull in their budgets. Uber's data-driven ad offering however isn't as compelling as what's offered by retail media competitors, like Walmart and Target. Uber has a new strategy to go after video ad budgetsUber also wants to corner a piece of the lucrative video advertising market. The tablet ad format is squarely aimed at video ad budgets.

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