Sovereign Wealth Funds
How King Charles Turned His Royal Estate Into a Lucrative Portfolio
LONDON — King Charles III built his own empire long before he inherited his mother’s. Charles, who formally acceded to the British throne on Saturday, spent half a century turning his royal estate into a billion-dollar portfolio and one of the most lucrative moneymakers in the royal family business. While his mother, Queen Elizabeth II, […]
Know MoreLIV Golfers, Paid Upfront, Giggle Their Way Around Trump Bedminster
BEDMINSTER, N.J. — Brooks Koepka, the four-time major golf champion, was riding in a golf cart Saturday with his wife, Jena Sims, sitting on his lap, both laughing as the cart headed for the golf course. It was a nice snapshot of summer in New Jersey. But what set this scene apart was the fact […]
Know MoreFurious Over LIV Golf, British Open Could Change Entry Rules
ST. ANDREWS, Scotland — The organizer of the British Open — openly contemptuous, frustrated and bewildered over the emergence of the Saudi Arabia-backed series that has split golf — issued a warning on Wednesday: One of the world’s most hallowed tournaments might soon change its entry rules. A move by the R&A, the Open organizer, […]
Know MoreSeeking Backers for New Fund, Jared Kushner Turns to Middle East
That spring, only a few months later, Mr. Kushner successfully pushed for his father-in-law to make his first international trip to a summit in Riyadh, the Saudi capital, where the president was photographed participating in a traditional sword dance. Around the same time, Mr. Kushner personally helped negotiate a 10-year agreement for Saudi Arabia to […]
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