@BChappatta

Managing Editor @wealth. Billionaires, personal finance, real estate. Still watch the yield curve. CFA Charterholder. #GoCats. Email: [email protected]

 New York, NY
bloomberg.com/billionaires/
Joined November 2011
  • Tweets16.8K
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  • Followers27.7K
3.2KMedia
The Secretary’s plan has “modified” the cited provisions only in the same sense that “the French Revolution ‘modified’ the status of the French nobility.” Student-loan relief struck down. supremecourt.gov/opinions/22…
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Early paydays, zero fees. Not a loan. It all sounds pretty great. But Earned Wage Access is getting many Americans into trouble. Critics say the costs can pile up and are tantamount to a 330% interest rate. by @PaulinaCachero bloomberg.com/news/articles/…

Popularity of Apps for Early Paydays Masks Added Risks

Earned Wage Access products have exploded in use, while operating in a legal gray area. Some customers say they’re getting trapped in a cycle of borrowing.

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5,800 square feet in Greenwich Village for a bargain price: $4 million. The catch? A tenant who can live there for life and pay $2,346.21 a month in rent. bloomberg.com/news/articles/…

Manhattan Loft Listed at $4 Million Is a Bargain — With a Catch

Greenwich Village condo has a tenant who’s paying below-market rent and entitled to stay indefinitely.

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Awesome job opportunity right here!! careers.bloomberg.com/job/de…

What We Do | Bloomberg L.P.

From engineering and data science to sales and customer support, discover the work that Bloomberg employees perform – and where your skills and talents fit.

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For sale: century-old chateau on the French Riviera. Previous owner: One of Russia's best-known oligarchs who has been dead for years. Estimated price: $100 million bloomberg.com/news/articles/…

French Riviera Mansion of Long-Dead Russian Tycoon Put on Block

A century-old chateau on the French Riviera that was previously owned by a Russian oligarch is finally on the market after years of legal wrangling. It could fetch more than $100 million.

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From San Francisco to Hong Kong, higher interest rates and falling property values are brewing trouble for the commercial real estate market trib.al/tgMFpxo
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Brian Chappatta retweeted
Bloomberg Wealth
@wealth22 Jun 2023
Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year trib.al/GCjAH4P

Distressed US Commercial Property Assets Rise to $64 Billion

Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year.

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"can we take a break in rate hikes" "only if we can pencil in TWO more hikes by year end" "OK great" "OK great" *FED SAYS FOMC VOTE WAS UNANIMOUS
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Brian Chappatta retweeted
Bloomberg Wealth
@wealth12 Jun 2023
JPMorgan's public fight over having Jeffrey Epstein as a client has put a new level of scrutiny on the bank's ultimate survivor: billionaire whisperer Mary Erdoes trib.al/Rwndmby

Mary Erdoes, JPMorgan’s Billionaire Whisperer, Faces Flak Over Epstein Emails

Mary Callahan Erdoes has watched one star executive after another climb to the highest rungs at JPMorgan Chase & Co. and then leave, either seizing other opportunities, retiring or getting shoved out.

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Why did Jeff Bezos donate 69,000 Amazon shares at 4:20pm? And why did he also buy... one share? bloomberg.com/news/articles/…

Jeff Bezos Has Gained $10 on Mystery Purchase of One Amazon Share

This is the first time the billionaire has purchased Amazon stock since at least 2002.

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Brian Chappatta retweeted
Bloomberg Wealth
@wealth8 Jun 2023
Thousands of Americans moved to Portugal in the last 3 years, lured by the coastal nation’s cheap real estate, tax advantages and relaxed lifestyle. But now, the honeymoon period is over. @AliceKantor explains trib.al/yuaUQEF
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Bloomberg Wealth
@wealth8 Jun 2023
🎙Sam Bankman Fried seemed to be living a dream life in the Bahamas. He was barely 30 — and a billionaire. And then it it all came crashing down. @business and @WonderyMedia present Spellcaster, out now trib.al/X2kFGyh

Spellcaster: The Fall of Sam Bankman-Fried

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why would you not call them gym shoes? they're... gym shoes.
This Post is from an account that no longer exists. Learn more
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Bloomberg Wealth
@wealth25 May 2023
It keeps getting worse for billionaire Carl Icahn trib.al/Zd9oN4P
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Yesterday Nvidia's Jensen Huang had a net worth of $27.6 billion. Today: $34 billion. Not bad for a day's work. bloomberg.com/news/articles/…

Nvidia Founder's Wealth Surges to $34 Billion on AI Boom (1)

Jensen Huang is the biggest gainer among his billionaire peers so far this year after chipmaker’s sales forecast beat the most bullish estimates.

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Brian Chappatta retweeted
Bloomberg Wealth
@wealth23 May 2023
Bernard Arnault had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for LVMH's luxury goods trib.al/idx4faB

World’s Richest Man Loses $11 Billion After LVMH Stock Rout

Bernard Arnault, the world’s richest person, had $11.2 billion wiped from his fortune in one day over concerns that a softening US economy will dampen demand for luxury goods.

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Sarah Frier
@sarahfrier19 May 2023
Confirmed with sources that Instagram is working on a Twitter competitor (a separate app) for release this summer. It might eventually be compatible with open solutions like Mastodon. Credit to @liahaberman @MattNavarra @CaseyNewton for earlier deets bloomberg.com/news/articles/…

Instagram Readies Twitter Competitor for Summer Release

Instagram is planning to release a text-based app that will compete with Twitter.

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Brian Chappatta retweeted
Bloomberg Wealth
@wealth19 May 2023
Michael Flacks has carved out a niche for discreetly snapping up bargains, with his acquisitions in the last four years alone now worth more than $250 million trib.al/bFBoEwm

High-School Dropout Vaults Into Mega-Wealth With M&A Bargains

Ken Moelis recently sold his residence at New York’s Plaza Hotel to a fellow dealmaker with a far lower profile than the legendary investment banker.

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The name "Batista" in Brazil triggers recent memories of corruption scandals. But that was the previous generation. Now 31-year-old Wesley Batista Filho is on deck to take over the top job at the world's biggest meat supplier. bloomberg.com/news/articles/…

The 31-Year-Old Learning to Run the World’s Biggest Meat Supplier

For 65 years, a Batista ruled over JBS SA. Now, after a five-year hiatus, a member of the founding family is once again on deck to take the reins at what’s now the largest meat producer in the world...

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