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A major regeneration scheme could lead to 2,500 homes being built in the heart of York. Homes England and Network Rail Property have signed a development agreement with McLaren Property and Arlington Real Estate to be strategic development partners for York Central, which is set to become one of the UK’s largest city centre regeneration schemes.
⏲ 1:6 👁 8.2M
Spending money has never been an issue for Los Angeles Clippers owner Steve Ballmer. In 2014, the former Microsoft CEO bought the NBA team for a then-record $2 billion, a move that was widely seen as an overpay at the time (Forbes had most recently valued the Clippers at $575 million). This January, Ballmer shelled out more than $152 million to extend 32-year-old, All-Star forward Kawhi Leonard’s contract for another three seasons, and he is expected make similar moves with his other aging talents, Paul George, 33, and James Harden, 34. Next year, one of his crowning achievements will come to fruition, when the Clippers move into their new home, the $2 billion Intuit Dome in Inglewood, California.<br/><br/>Despite the enormous bill Ballmer has racked up in a decade of team ownership, it’s barely dented his fortune. The 68-year-old is worth an estimated $121 billion, according to Forbes’ 2024 World’s Billionaires list, up from $80.7 billion in 2023. His 50% year-over-year wealth increase, primarily due to the stellar stock performance of Microsoft, has once again made Ballmer the richest sports team owner in the world.<br/><br/>The top spot was previously held by Mukesh Ambani, who owns the Mumbai Indians cricket team through his publicly traded conglomerate Reliance Industries. (Forbes has adjusted its methodology to exclude teams owned by public companies and, therefore, their shareholders. SoftBank CEO Masayoshi Son, owner of Japanese baseball’s Fukuoka SoftBank Hawks, was left off for the same reason, as well as teams owned by giant private conglomerates, including Red Bull’s Formula 1 team and INEOS’ Manchester United and OGC Nice.)<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/justinbirnbaum/2024/04/05/the-worlds-richest-sports-team-owners-2024/?sh=3d78f3ff309f<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 3:10 👁 3.6M
A large food market is being planned for Oxford Street as part of the ongoing mission to stamp out American-style candy shops and \
⏲ 0:41 👁 3.4M
Rents are soaring with the steepest quarterly gain recorded in 17 years, amid record migration. New data from Domain and PropTrack shows rents for houses and apartments continued to climb in the first few months of this year, while vacancy rates remain at record lows.
⏲ 1:22 👁 2.9M
Flag march in market, so that voters are ready to vote without fear
⏲ 0:13 👁 175K
Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.
⏲ 1:15 👁 230K
In today's Insider Daily Business Briefing: Stephen and Laurence discuss the latest 42 Under 42s, including Harry Potter's Emma Watson, Insider event shortlists and the week ahead on the London Stock Exchange.<br/><br/>Leeds property story - https://www.insidermedia.com/news/yorkshire/45-storey-tower-plans-secure-approval <br/><br/>42 Under 42s - https://www.insidermedia.com/news/south-west/south-west-2024-42-under-42-first-half-revealed
⏲ 4:2 👁 140K
TheStreet’s Caroline Woods brings you the biggest news of the day, including what investors are watching and the Biden Administration’s continued effort to curb student loan debt.
⏲ 1:38 👁 815K
TheStreet’s Caroline Woods brings you the biggest business news of the day, including what investors are watching and why surging oil prices could be a disaster for the economy.
⏲ 1:36 👁 10.1M
The AiLA Long-Short Base Metals Strategy ETF ($OAIB) invests in a selection of critical base metals like copper, and adopts a market-neutral strategy, meaning that regardless of the direction of the market, the fund seeks a positive return.<br/><br/>OAIB tracks the AiLA-S022, a sophisticated index with a proven track record. From 2017-2023 the AiLA-S022 saw an annualized return of 12.65%. AiLA uses a systematic approach to achieve this, utilizing proprietary machine-learning technology.
⏲ 1:12 👁 160K
TheStreet’s Caroline Woods brings you the biggest business news of the day, including what investors are watching and why there’s still a huge revenue disparity between men’s and women’s basketball.
⏲ 1:36 👁 725K
The whole stock market in one convenient package.
⏲ 2:21 👁 100K
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