Bill Ackman criticized President Trump's proposal for a one-year 10% cap on credit card interest rates, warning it could lead to widespread credit card cancellations and push consumers toward higher-cost loans. Ackman acknowledged the goal of reducing rates is important but argued that making the market more competitive and fostering new entrants would be a better approach. The proposal would require congressional approval, and its implementation remains uncertain.
Bill Ackman, an alumnus and prominent critic of Harvard University, is financially supporting former Harvard Business School professor Francesca Gino's lawsuit against the university, alleging wrongful misconduct accusations and defending her innocence amid her revoked tenure due to research misconduct allegations.
Billionaire hedge fund manager Bill Ackman is funding a lawsuit by Francesca Gino, a former Harvard Business School professor, against Harvard after her termination due to research misconduct allegations.
Bill Ackman is making a $2.1 billion investment to acquire an insurer as part of his strategy to create a modern version of Berkshire Hathaway, aiming to build a significant and diversified insurance business.
Billionaire Bill Ackman faced heavy criticism after making his professional tennis debut at the Hall of Fame Open, where he lost in straight sets and described the experience as humbling and nerve-wracking, sparking debate over the appropriateness of his participation and the integrity of wild card entries in sanctioned tournaments.
Billionaire Bill Ackman made his professional tennis debut at the Hall of Fame Open, losing in straight sets and facing heavy criticism from former pros and fans for participating in a sanctioned event with a wild card, with critics questioning the integrity and competitiveness of the match.
Billionaire Bill Ackman participated in a professional tennis match at the Hall of Fame Open using a wildcard, which was heavily criticized by tennis legends and fans for undermining the sport's meritocracy, with many calling it a publicity stunt and a mockery of professional tennis.
Billionaire financier Bill Ackman made his professional tennis debut at the Hall of Fame Open in Newport, Rhode Island, but lost in straight sets while partnering with retired pro Jack Sock, highlighting that success in finance doesn't necessarily translate to the tennis court.
Former pro Andy Roddick criticized billionaire Bill Ackman's debut in professional tennis, calling it a 'joke' after Ackman and partner Jack Sock lost in a match that was widely mocked and considered beneath professional standards, raising questions about the legitimacy of Ackman's wildcard entry.
Bill Ackman, a hedge fund manager, controversially entered a sanctioned ATP Challenger tennis event on a wildcard, playing doubles with retired player Jack Sock, in a match criticized for its lack of professionalism and perceived exploitation of the sport for personal amusement, raising questions about the integrity of the tournament and the sport's standards.
Mayor Eric Adams of New York City involved hedge fund billionaires Bill Ackman and Daniel S. Loeb in vetting his potential campaign manager, highlighting his efforts to secure their financial support for his re-election campaign amid a competitive race.
Bill Ackman’s hedge fund, Pershing Square, is heavily invested in just three main stocks—Uber, Brookfield, and Howard Hughes—accounting for over half of its portfolio, with these high-conviction bets reflecting Ackman's confidence in their growth prospects and undervalued assets.
The author met with Bill Ackman to discuss various topics including Ackman's previous short position in Realty Income and the transformation of the company over 15 years, highlighting insights into REIT investments and related strategies.
Billionaire hedge fund manager Bill Ackman discussed his views on investing, activism, his Harvard background, and personal insights in a candid interview at the 2025 Forbes Iconoclast Summit, also touching on his perspectives related to Brad Pitt.
Bill Ackman, a prominent hedge fund manager, benefits from the surge in Fannie Mae and Freddie Mac shares following President Trump's announcement of plans to take these government-controlled mortgage giants public, which could lead to significant financial gains and restructuring opportunities.
