Billionaire Buys AMC Stock Near 52-Week Lows As Avatar Brings Box Office Back To Life

Moviegoers are showing up again. Investors, not so much. Shares of AMC Entertainment Holdings Inc (NYSE:AMC) are down more than 50% year to date, trading around $1.75 — just off 52-week lows — even as the company posts its strongest pre-Christmas weekend since 2021. Attendance surged on the back of “Avatar: Fire and Ash,” with … Read more

Who is Les Wexner? Ohio billionaire named as possible ‘co-conspirator’ in Epstein files

The FBI was looking into Ohio billionaire Les Wexner’s possible connections to Jeffrey Epstein’s case, according to recently released, heavily redacted emails from from the US Department of Justice’s probes into the late sex offender. Les Wexner, the richest man in Ohio, was identified as a potential “co-conspirator” in a 2019 FBI email related to … Read more

A Russian Billionaire Fights Global Infertility—With 100 of His Own Children

The sperm belonged to Pavel Durov, billionaire founder of the messaging app Telegram. At conferences, on social media and on news sites, the clinic described Durov as having “high genetic compatibility” and noted he would pay for in vitro fertilization for women under 37 who wanted to use his “in-demand” sperm. A banner on the … Read more