One of the things Wesley Edens did soon after his company bought Canadian ski-resort conglomerate Intrawest Corp. in October 2006 was to finance construction of a $43 million gondola at Whistler, British Columbia. The new lift is the longest unsupported span for any gondola, stretching...
Elliot Dornbusch runs a family office in Miami for a select group of clients, and he wants to keep it small. That’s gotten harder in the past two years as the wealthy beat down his doors....
When Jennifer McCrea — perhaps the best-connected fundraiser in Manhattan — meets a billionaire to ask for money, she almost never schleps to his office, instead choosing neutral ground at a local coffee shop. Meeting musician Quincy Jones, who had his own foundation,...
Karen McNeill, Ph.D., used to teach history at the University of California, Berkeley. In June, she took a job as head of family history with Ascent Private Capital Management, a new unit of U.S. Bancorp (USB) that manages the affairs of ultra-wealthy families. McNeill’s job...
They call it “money camp.” Twice a week, 6- to 11-year-old scions of wealthy families take classes on being rich. They compete to corner commodities markets in Pit, the raucous Parker Brothers card game, and take part in a workshop called “business...
The conference started with a cookout at the Mandarin Oriental hotel on Elbow Beach in Bermuda and ended with a talk by 23-year-old Lauren Bush, an antihunger activist, former model and niece to President George W. Bush. In between, executives...
Beneath a pine-fringed park in Gig Harbor, Washington, on the banks of Puget Sound, George Russell is hunting for mega-millionaires. Russell, 73, runs Threshold Group, an investment boutique catering to some of the most-exclusive — and sought-after — clients in private...
The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool with a Club Med–style cascade of hot water and...
As a supervisor of the cashiers in Wal-Mart store number 589 in Hillview, Kentucky, Brent Rummage, 27, was required to report to his manager any mention of labor unions. He did so until his mother, who worked in the women’s...