-- | 排名 | 名字 | 身价(美元) | 身价变化 | 公司 | | --- | --- | --- | --- | --- | | | 埃隆·马斯克 | 4146亿 | 1 20亿 0.49% | | | 2 | 拉里·埃里森 | 2838亿 | 4 -57亿 -1.97% | 甲骨文 | | | 马克·扎克伯格 | 2432亿 | + -28亿 -1.13% | Meta | | 4 | 杰夫·贝佐斯 | 2404亿 | + -17亿 -0.68% | 亚马逊 | | 5 | 拉里·佩奇 | 0 1575亿 | 1 8.54亿 0.55% | 谷歌 | | 6 | 谢尔盖·布林 | 1503亿 | 1 7.99亿 0.53% | 谷歌 | | 7 | 黄仁勋 | 1454亿 | + -37亿 -2.51% | 英伟达 | | 8 | 贝尔纳·阿尔诺家族 | 1441亿 | + -9.72亿 -0.67% | LVMH | | 9 | 沃伦·巴菲特 | 1428亿 | -1 7.35亿 0.52% | 伯克希尔哈撒韦 | | 10 | 史蒂夫·鲍尔默 | 1424亿 | + - 11亿 -0.74% ...

Core Viewpoint - The article highlights the successful IPO of Cirsa, a Spanish gaming giant, which resulted in a remarkable return of over €20 billion (approximately ¥170 billion) for Blackstone, showcasing a textbook example of a merger and acquisition strategy [2][4]. Summary by Sections IPO Success - Cirsa's IPO was initially delayed due to a sluggish European market but ultimately achieved significant oversubscription, with a first-day stock price increase of 6.7%, leading to a market capitalization of €2.7 billion [3][7]. - The successful listing is seen as a pivotal moment for the European IPO market, setting a positive tone for future listings [3]. Acquisition Details - Blackstone acquired 100% of Cirsa in April 2018 for approximately €2.1 billion, leveraging about €1.5 billion in debt, resulting in a net equity investment of around €500 million [5][6]. - Within a year of the acquisition, Blackstone recouped over half of its equity investment through a dividend recapitalization, followed by a significant one-time dividend of €230 million before the IPO [7][8]. Financial Performance - Cirsa's financial recovery post-COVID-19 was notable, with EBITDA nearly doubling and a debt-to-EBITDA ratio improving from 5.5 times to 2.8 times by the time of the IPO [10][17]. - The company's revenue reached €2.15 billion in 2024, reflecting an 8% year-on-year growth, while EBITDA grew by 11% to €699 million [17]. Strategic Management - Blackstone's management strategy involved minimal changes to Cirsa's existing leadership and operational strategies, allowing the company to continue its growth trajectory without major disruptions [12][11]. - The firm also facilitated Cirsa's expansion into online gaming, which became a significant growth driver, with online revenue increasing from 16.7% to 22.7% of total revenue [16]. Future Outlook - Cirsa plans to invest €400 to €500 million in acquisitions over the next three years, with a pipeline of up to 100 potential targets, indicating further growth potential for Blackstone's investment [17].

Wealth Rankings - Elon Musk remains the richest person with a net worth of $412.6 billion, experiencing a decrease of $6.53 million or 0.16% [2] - Larry Ellison ranks second with a net worth of $289.5 billion, down by $21 million or 0.72%, associated with Oracle [2] - Mark Zuckerberg's net worth increased by $130 million or 1.22%, bringing it to $246 billion, linked to Meta [2] - Jeff Bezos saw an increase of $290 million or 1.2%, with a net worth of $242.1 billion, related to Amazon [2] - Larry Page's wealth rose by $140 million or 2.61%, totaling $156.6 billion, connected to Google [2] - Sergey Brin's net worth increased by $137 million or 2.55%, reaching $149.5 billion, also associated with Google [2] - Nvidia's Jensen Huang's wealth decreased by $8.87 million or 0.59%, totaling $149.2 billion [2] - The Arnault family's net worth decreased by $12 million or 0.82%, amounting to $144.4 billion, linked to LVMH [2] - Steve Ballmer's wealth remained stable with a slight increase of $2.2 million, totaling $143.5 billion, associated with Microsoft [2] - Warren Buffett's net worth increased by $4.3 million, reaching $142 billion, connected to Berkshire Hathaway [2] Additional Notable Figures - Michael Dell's net worth rose by $28.2 million or 0.22%, totaling $128.6 billion, linked to Dell [3] - Bill Gates' wealth decreased by $4.5 million or 0.04%, amounting to $116.9 billion, associated with Microsoft [3] - Amancio Ortega's net worth decreased by $6.3 million or 0.06%, totaling $115 billion, linked to Inditex [3] - The Walton family's wealth saw slight increases, with Rob Walton at $114.8 billion and Jim Walton at $113.8 billion, both up by approximately $5.68 million and $5.67 million respectively [3] - Mukesh Ambani's net worth decreased by $3.2 billion or 2.86%, totaling $108.3 billion, associated with Reliance Industries [3] - The Koch family remains stable at $67.5 billion, with no change reported [3]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Core Viewpoint - Blackstone Inc. is expected to report quarterly earnings of $1.09 per share, reflecting a 13.5% increase year-over-year, with revenues projected at $2.77 billion, a 10.2% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.6% in the last 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Segment Revenues- Realized Performance Revenues' at $440.09 million, down 18.9% year-over-year [5]. - 'Segment Revenues- Realized Principal Investment Income' is projected to reach $29.68 million, up 79.1% year-over-year [5]. - 'Segment Revenues- Total Management and Advisory Fees, Net' is expected to be $1.96 billion, a 9.9% increase from the prior year [6]. - 'Segment Revenues- Base Management Fees' is forecasted at $1.86 billion, reflecting a 12.6% year-over-year increase [6]. Assets Under Management - 'Fee-Earning Assets Under Management Rollforward - Private Equity' is estimated at $232.57 billion, up from $200.49 billion year-over-year [7]. - 'Fee-Earning Assets Under Management Rollforward - Real Estate' is projected at $282.23 billion, down from $299.07 billion year-over-year [7]. - 'Fee-Earning Assets Under Management Rollforward - Credit & Insurance' is expected to reach $287.34 billion, up from $237.29 billion year-over-year [8]. - Total 'Fee-Earning Assets Under Management' is estimated at $881.15 billion, compared to $808.66 billion year-over-year [8]. Total Assets Under Management - 'Total Assets Under Management - Credit & Insurance' is forecasted at $404.07 billion, up from $330.12 billion year-over-year [9]. - 'Total Assets Under Management - Real Estate' is expected to be $323.39 billion, down from $336.10 billion year-over-year [9]. - The consensus estimate for 'Total Assets Under Management' stands at $1195.69 billion, compared to $1076.37 billion in the same quarter last year [10]. - 'Total Assets Under Management - Private Equity' is projected at $379.44 billion, up from $330.59 billion year-over-year [10]. Stock Performance - Over the past month, Blackstone Inc. shares have increased by 22.5%, outperforming the Zacks S&P 500 composite, which rose by 5.4% [10].

金十图示：2025年07月21日（周一）全球富豪榜 | 排名 | 名字 | 身价(美元) | 身价变化 | 公司 | | --- | --- | --- | --- | --- | | 1 | 埃隆·马斯克 | 4132亿 | 0 0% | 特斯拉、Space | | 2 | 拉里·埃里森 | 2916亿 | 0 0% | 甲骨文 | | | 马克·扎克伯格 | 2431亿 | 0 0% | Meta | | 4 | 杰夫·贝佐斯 | 2392亿 | 0 0% | 亚马逊 | | 5 | 拉里·佩奇 | -0 1526亿 | 0 0% | 谷歌 | | 6 | 黄仁勋 | 1501亿 | 0 0% | 英伟达 | | 7 | 谢尔盖·布林 | 1458亿 | 0 0% | 谷歌 | | 8 | 贝尔纳·阿尔诺家族 | 1456亿 | 0 0% | LVMH | | 9 | 史蒂夫·鲍尔默 | 1435亿 | 0 0% | 微软 | | 10 | 沃伦·巴菲特 | 1420亿 | 0 0% | 伯克希尔哈撒韦 | | 11 | 迈克尔·戴尔 | 1283亿 | 0 0% | 戴尔 | | 12 | 比尔·盖茨 ...

Group 1 - Blackstone has withdrawn from plans to invest in TikTok US amid uncertainty regarding the deal and multiple delays [1][2][3] - The intended investment was aimed at purchasing a minority stake to separate TikTok's U.S. operations from its Chinese parent company, ByteDance [3] - The deadline for ByteDance to divest TikTok US has been postponed multiple times, leading to investor uncertainty [3][4] Group 2 - President Trump signed an executive order extending the deadline for ByteDance to sell TikTok US to September 17, 2024, from the initial deadline of January 19, 2024 [4] - Criticism has arisen from lawmakers regarding the extensions, claiming the administration is ignoring national security concerns related to ByteDance's connections to the Chinese government [4] - ByteDance is exploring options to address these concerns, including the potential sale or restructuring of its U.S. operations [5] Group 3 - Earlier plans to spin off TikTok's U.S. operations into a new U.S.-based firm were paused after China indicated it would not approve the transaction [6] - TikTok is reportedly developing a standalone U.S. app with its own algorithm and data system to migrate its 170 million American users [6] - Employees have been working on a U.S.-specific version of TikTok by duplicating the application's codebase, including AI models and user data [7]

Blackstone Inc. (BX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 24, might help the stock move higher if these key numbers are better than expectati ...

金十图示：2025年07月17日（周四）全球富豪榜 | 12 | 比尔·盖茨 | 1169Z | 1 1.54亿 0.13% | 微软 | | --- | --- | --- | --- | --- | | 13 | Rob Walton & family | 1144亿 | + -2.20亿 -0.19% | Walmart | | 14 | 阿曼西奥·奥尔特加 | 1143亿 | + -2.11亿 -0.18% | Inditex | | 15 | Jim Walton & family | 1133亿 | + -2.19亿 -0.19% | Walmart | | 16 | 穆克什·安巴尼 | 1127亿 | ↑ 180万 0.0% | 信实工业 | | 17 | 爱丽丝·沃尔顿 | 1048亿 | + - 2.14亿 -0.2% | 沃尔玛 | | 18 | 迈克尔·布隆伯格 | 1047亿 | 0 0% | 或博 | | 19 | 卡洛斯·赫鲁家族 | 950亿 | 1 1.60亿 0.17% | 卡尔索 | | 20 | 弗朗索瓦·迈耶家族 | 882亿 | + -7.77亿 -0.87% | 欧 ...

Real Estate Investment Strategy - Blackstone focuses on acquiring and improving assets, particularly in real estate, with a significant presence in rental housing [1] - The company concentrates its rental housing portfolio in Sunbelt regions like Texas, Georgia, and Florida, with a mix of apartments and single-family homes [2] - Blackstone invests heavily in improving properties, such as Stuyvesant Town, allocating $425 million in capital for upgrades [9] - The firm targets job and population growth areas globally for its investments, including the Sun Belt and coastal urban areas [19][20] Rental Market Dynamics and Challenges - Blackstone estimates owning less than 1% of available housing in each market where it operates [2] - Rising rents in many US cities, especially those with insufficient housing construction, are a key factor [3] - Rent control policies are seen as a risk, potentially leading to higher housing costs and discouraging new development [4][8] - High borrowing costs are making it more difficult for renters to become homeowners [22] Financial Performance and Investment Products - Blackstone generates revenue through asset management fees and performance/incentive fees [13] - Of Blackstone's $315 billion in real estate, approximately $55 billion is in the BREIT product, which is sold to retail investors [16] Affordable Housing Initiatives - Blackstone is expanding its presence in affordable housing, aiming to become the largest provider in the United States [26] - The company preserves affordable housing units by extending affordability through tax credit syndications and investing in communities [27]