President Trump signed an executive order to create a U.S. sovereign wealth fund on Feb. 3. AFP via Getty Images Earlier this month, President Donald Trump signed an executive order to create a national sovereign wealth fund, a first in U.S. history. The move raised questions about how such a plan would take shape. A … Read more
Billionaire Steve Cohen is also the owner of the New York Mets. Rich Storry/Getty Images Is A.I. any match for the law? Steve Cohen, the billionaire hedge fund investor behind Point72 Asset Management, certainly seems to think so. Point72 Private Investments, an arm under Cohen’s New York-based hedge fund, is the lead investor in a … Read more
The Bezos Earth Fund has dispersed $2.5 billion since its founding. Julia Demaree Nikhinson – Pool/Getty Images In 2020, Jeff Bezos established the Bezos Earth Fund with a pledge to dole out $10 billion in grants by the end of the decade. One of the organization’s core investments is environmental justice. It has committed hundreds … Read more