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Gates and the world empire win big on the Private Jet company’s 196% wave

Photographer: Luke MacGregor / Bloomberg Photographer: Luke MacGregor / Bloomberg The coronavirus crisis has not stopped the world's wealthy from flying - they are increasingly doing so privately, and some are getting oversized returns from it.Bill Gates, Nassef Sawiris, James Packer and Kerry Stokes have amassed more than $ 1.2 billion in the world's largest operator of private jet bases, according to data collected by Bloomberg. The company, Signature Aviation Plc, has recently become the focus of a takeover battle involving Blackstone Group Inc., Carlyle Group Inc. and Global Infrastructure Partners, helping its shares nearly triple since a low in…

2% Mortgage Rates: Real or Marketing Gimmick?

Mortgages below 2.5% are real - for some United Wholesale Mortgage (UWM) created headlines recently to offer 2.5% mortgage and refinancing rates. Now it has lowered the beam further with one 2.25% VA loan rate. And other lenders are following suit. At the time of this, at least one lender is entering our network offered 30-year refinancing rates as low as 2.49% (2.644% APR). * But how realistic are these rates? Is 2.5% the exception, or is it a real rate available to ordinary borrowers? As always, it depends on what you qualify for. Find and lock a low rate…

Private jet companies fly for a reason

Wheels Ups first orange aircraft celebrating Feeding America's Hunger Action Month. Greetings from Wheels Up Text size Given the stratospheric costs associated with the private aviation industry, it is not surprising to hear of countless charitable partnerships and philanthropic efforts among private jet companies. But in the wake of a global pandemic that has changed the way people fly and shook the sector to its core, various private jet companies have expanded or calibrated their charitable efforts. In September, Wheel up, known for its blue and white color, unveiled its first orange plane, a Beechcraft King Air 350i aircraft created…

When mortgage financing makes sense

You could have read this in your inbox.Sign up for our free weekly newsletter. No spam, just good advice.A valid email address is required.You must select the check box to accept the terms and conditions.Thanks for signing up!See you soon in your inbox. Editorial independenceWe will help you make more informed decisions. Some links on this page - clearly marked - may lead you to a partner site and may result in us earning a referral commission. For more information, see This is how we make money.Historically low mortgage rates have driven an increase in refinancing this year. If you…

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