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.
Howard Hughes' former Los Angeles mansion, located on the Wilshire Country Club golf course, is on the market for $23 million. Built in 1926, the 10,000 square-foot Spanish-style home features eight bedrooms, seven full baths, and five half-baths. The property includes modern luxuries such as a chef's kitchen, a screening room, a 2,500-bottle wine vault, and a custom stone pizza oven. The current owners, former film producer Ash Shah and his wife Niroupa Shah, purchased the home in 2011 and spent the last decade restoring it while maintaining its old Hollywood charm.
Christopher Nolan reveals that he had written a script for a Howard Hughes biopic, but it never materialized due to Martin Scorsese's "The Aviator." However, the experience of distilling Hughes' life into a script helped Nolan in writing his upcoming film "Oppenheimer." While Nolan is not likely to revisit the Hughes script, he expresses interest in directing a James Bond movie, emphasizing the need for the right creative moment and full commitment to the character. "Oppenheimer" is set to release on July 21.
Actress Terry Moore, now 94, has spoken out about her on-and-off relationship with eccentric billionaire Howard Hughes, who she fell in love with as a young actress. Moore, who was nominated for an Oscar for her role in the 1952 film Come Back Little Sheba, said Hughes was "charming" but also a "liar" who did "unthinkable things". She is now starring in Silent Life, a film about silent screen star Valentino, and is one of the oldest working actors to play the lead part in a feature film.