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Sputnik International
One of them married Nicky Hilton, Paris’s sister. Another is an environmental activist in Santa Monica, California who crossed the Pacific Ocean in “Plastiki,” a craft made of recycled plastic bottles. Another tragically died just two weeks ago at age 57. They invest, run business interests, donate generously to a variety of causes, and not one of them has ever caused a forest fire with laser beams.
Today’s Rothschilds aren’t as rich as Bezos and Gates, but they still command the attention of antisemites and conspiracy mongers. Case in point: Just over two years ago, Republican Rep. Marjorie Taylor Greene of Georgia suggested in a Facebook post that the 2018 Northern California wildfires were started by PG&E, in conjunction with the Rothschilds, using a space laser, in order to clear room for a high-speed rail project.
One of them married Nicky Hilton, Paris’s sister. Another is an environmental activist in Santa Monica, California who crossed the Pacific Ocean in “Plastiki,” a craft made of recycled plastic bottles. Another tragically died just two weeks ago at age 57. They invest, run business interests, donate generously to a variety of causes, and not one of them has ever caused a forest fire with laser beams.
Today’s Rothschilds aren’t as rich as Bezos and Gates, but they still command the attention of antisemites and conspiracy mongers. Case in point: Just over two years ago, Republican Rep. Marjorie Taylor Greene of Georgia suggested in a Facebook post that wildfires in California started by PG&E, in conjunction with the Rothschilds, using a space laser, in order to clear room for a high-speed rail project.
“The year of the hedge fund”: Stock market surge drives industry success, as largest managers dominate
Submitted
By Hugh Leask | 25/01/2021 - 5:21pm
The world’s 20 biggest hedge fund firms took home around half of all gains made by the entire industry last year, as successful stock-picking and individual manager skill sent returns soaring among the sector’s behemoths, leaving quant-based strategies in their wake.
Overall, the hedge fund industry generated UD127 billion net of fees last year, according to new research by LCH Investments, a fund of hedge funds which is part of the Edmond de Rothschild Group.
Some USD63.5 billion of that total was generated by the top 20 largest hedge fund managers, including the likes of Tiger Global, Millennium Management, and Lone Pine.
Hey party people! I hope 2021 is treating you more gently than 2020 did, at least so far. We have a whole new administration taking office in the U.S. this week and there s change in the air. Do you know what doesn t change? The shenanigans our favorite billionaires and their families are up to. There s info on how Ivanka Trump and Jared Kushner treat their social security detail, which frankly isn t much of a surprise. Samsung s Jay Y. Lee is still having legal troubles and heading back to jail. Finally, two billionaires have died – one at the far too young age of 57 and the other at 87. Buckle up, this is the latest edition of the Billionaire Roundup.