Bill Ackman Enters World’s Richest Ranks with Pershing Square Investment
Bill Ackman, hedge fund manager and CEO of Pershing Square Capital Management has joined the ranks of the world's wealthiest individuals thanks to a $1.05 billion investment in his firm. This investment, representing 10% of Pershing Square, values Ackman's stake at over $3.5 billion, propelling his net worth to $8...