Once a relatively rare presence in the US oil industry, firms overseeing the assets of ultra-rich families — including the billionaire dynasties of George Sorosand Carlos Slim — are pouring money into ...
President Biden is warning Americans about the threat of an "ultra-wealthy" "oligarchy," but did not mention in his farewell speech the billionaires that have supported him in recent years.
Billionaire investor George Soros and his affiliates raised their stake in EarthLink Network from about 9 percent to 15.48 percent of common shares outstanding, according to a Bloomberg report.