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Billionaires Who Backed Clinton Have Grown Richer Since Election
Lefty billionaires who opposed Donald Trump’s presidential bid have lately scored some sweet consolation prizes. Warren Buffett — a vocal supporter of Hillary Clinton’s botched campaign — added $11.8 billion to his fortune this year, as his investing empire Berkshire Hathaway saw its airline and banking holdings soar following Trump’s election, according to Bloomberg. Full investment news article
Chinese Sovereign Fund Buys Former McGraw-Hill Building Stake
China Investment Corporation bought a 45 percent stake in the former McGraw-Hill Building at 1221 Sixth Avenue, sources familiar with the transaction told The Real Deal. CIC, a Chinese sovereign wealth fund, bought the stake through Invesco, sources said, in a deal valued at $1.03 billion. Full investment news article
Relevent to this post: China Investment Corporation
Morgan Stanley,