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Forbes· 2026-03-22 18:30
In 1980, Eric Sprott used his savings to buy a seat on the Toronto Stock Exchange and started his own securities firm, Sprott Securities.He sold his entire interest in Sprott Securities, to the firm's employees in 2001.Today he manages his family office, holding stakes in 120-plus silver and gold companies.See where he lands on the 2026 #ForbesBillionaires list:https://t.co/JYn52gRk2z (Photo: Sprott) ...
Jeff Bezos' Billionaire Dad With $40 Billion Fortune Hires CEO To Run His Family Office - Meta Platforms (NASDAQ:META), Amazon.com (NASDAQ:AMZN)
Benzinga· 2025-09-28 06:44
Group 1 - Mike Bezos is significantly expanding his family office, Aurora Borealis, to manage multi-generational wealth, reflecting a growing trend of private family offices in the U.S. [1] - Aurora Borealis has hired Valeria Alberola as CEO to oversee operations and is in search of a Chief Investment Officer to manage the family's investment portfolio [2] - The family office, established in 2020, is undergoing a major expansion to support the second and third generations of the Bezos family [3] Group 2 - Mike Bezos' fortune is estimated at over $40 billion, including stakes in Amazon, Uber Technologies, and Meta Platforms [4] - The Bezos Family Foundation has made stock gifts in recent years to diversify holdings beyond Amazon [4] - Jeff Bezos credited his parents' early investments in Amazon as crucial startup capital that helped launch the company [5] Group 3 - Jeff Bezos' early family support and calculated risks laid the foundation for Amazon's success, with significant investments from his siblings that could have yielded substantial returns [6][7]
Asia’s Richest Families Are on a Gold Hustle
Bloomberg Television· 2025-08-20 01:00
Asia's wealthiest families are driving a new gold rush. Only this time, some are rewriting the rules of a century's old trade. Gold has long been a hedge for investors in uncertain times.And with wars, inflation, and central bank launderers, demand has exploded. Billionaire families in Asia are even finding ways to turn it into a business. Some are leasing their gold to local jewelers to earn up to 4% returns on top of any price appreciation.Others are partnering with traders and even flipping discounted ba ...