BILL ACKMAN

Jun 26 2025POLITICS

New York's Wealthy Worry: What's Next for the City?

New York City is facing a big problem. A candidate named Zohran Mamdani is leading in the mayoral race. He's a democratic socialist with big ideas. He wants to freeze rents, create city-owned supermarkets, and make public transit free. He plans to pay for these things by taxing corporations and the wealthy. Some people are worried. Bill Ackman, a billionaire hedge-f...

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Nov 10 2024BUSINESS

Music Giant’s Future Listing: Ackman and UMG in Disagreement

Billionaire investor Bill Ackman recently announced his plans to move Universal Music Group (UMG) from the Amsterdam stock exchange to the U. S. This decision came in response to anti-Israeli attacks on soccer fans in Amsterdam. However, UMG isn’t ready to pack up just yet. They issued a statement emphasizing that Ackman's proposal doesn't automatically mean a domici...

reading time about 1 minute