Reuters helpfully points to this SEC filing that shows Barry Diller has bought more shares in the Coca Cola company. How many? One-hundred twenty thousand, worth about $7.4 million, bringing his total stake up to 1.1 million shares of Coke.
Diller, CEO of Daily Beast publisher IAC/Interactive Corp., has been on Read More
Forbes just came out with its 400 richest people list, and guess who isn’t on it? Even so, Manhattan developer Tamir Sapir–presumably because his demise has proven so intriguing–still merits an article. And Forbes digs up some dirt.
First, the magazine estimates the developer’s worth at about $700 million, “still wealthy indeed but not Read More
Moguls, Media M&A
Well, not really.
But both the Journal and the Post ran major items today suggesting that Mayor Bloomberg may have a future in the Obama administration. Is Obama Wooing Bloomberg for Treasury Secretary? asked Gawker.
Both pieces focused on the mayor’s recent golf game with the president Read More
Jon Meacham said he had two voicemails from billionaires on Wednesday afternoon, following the announcement that his magazine was for sale.
Carlos Slim Helú, the richest man in the world, was not one of those billionaires, but he did pay a visit to Newsweek‘s Hudson Street offices on Wednesday afternoon to get Read More
Lights! Camera! Icahn!
It was only a matter of time before Hollywood was on the receiving end of some old-school corporate Kick Ass. We speak of the arrival of Carl Icahn as hostile bidder for Lionsgate Entertainment, the studio that released the teen superhero movie that led the box office when it opened two weekends Read More
Generally, when a billionaire swaggers into New York City, his pockets overflowing with bullion and his eyes bulging with real estate fever, he ends up buying some very large, very glamorous testament to his grandiose sense of self. Perhaps a crash pad at 15 Central Park West. Or a penthouse at the Plaza. He doesn’t, Read More