DIRS.INFO The most relevant business & tech news

☆ Mark O'Hare became a billionaire after BlackRock acquired his data company. Now he's turning his employees into millionaires.
▼ + stars: | 2024-07-06 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Preqin employees are getting paid after BlackRock acquired the company for $3.2 billion. Preqin founder Mark O'Hare and his wife will walk away with about $2 billion after taxes. AdvertisementSome Preqin employees are poised for a big payday after BlackRock acquired the data company for $3.2 billion. The acquisition, announced on June 30, has made Preqin founder Mark O'Hare and his wife billionaires. O'Hare owns nearly 80% of Preqin through Valhalla Venture and will gain about $2.6 billion from the acquisition, Fortune reported.

Persons: Mark O'Hare, —, Fortune Organizations: BlackRock, Service, O'Hare, Valhalla Venture, Business

☆ Elon Musk and Tesla are on the rise after a brutal start to the year
▼ + stars: | 2024-07-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, a tough sales report for Tesla can't slow the EV maker's turnaround . After a dreadful start to the year, the EV maker has been running on all cylinders on a full charge. Tesla's polarizing CEO also notched a massive victory when investors approved Elon Musk's $55 billion pay plan . But what is new at Tesla, and what sparked the company's recent market rally, are big promises from its CEO. As automakers reconsider their EV strategy , Tesla has figured out how to build cars cheaper than anyone else .

Persons: —, I'm, Tesla, Jordan Strauss, Chelsea Jia Feng, Insider's Nora Naughton, BI's Filip De Mott, hasn't, Karol Serewis, Musk's, Nora, it's, he's, Musk, Apu Gomes, Steve Cohen's Point72, Ken Griffin's, Mark O'Hare, Larry Fink, execs, Marc Benioff, trouncing, It's, Jenny Chang, Rodriguez, they've, Morgan Stanley, Beryl, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Amanda Yen Organizations: Service, Business, Chelsea, Wall, Elon Musk's, Getty Images, Getty, Ken Griffin's Citadel, BlackRock, EU, Google, YouTube Locations: Wick, Jamaica, New York, London

Search resuls for: "Mark O'Hare"

2 mentions found