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THE TRUTH ABOUT: 2 - The Untold Story

Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy

The hedge fund billionaire has been a philanthropist for 20 years and told Fortune that it's "vastly less efficient at solving problems than capitalism."

Fortune

Uber Stock Is a ‘No Brainer’ for Bill Ackman After Its 2026 Selloff

Bill Ackman added a position in Uber Technologies (NYSE:UBER) to the Pershing Square Capital Management investment fund (NYSE:PSUS) in the first quarter of 2025. With Uber remaining one of the largest positions for the hedge fund, Ackman couldn’t help but agree with a recent social media post about the stock…

Benzinga

'Socialism is a disaster': Bill Ackman says Zohran Mamdani's bad left-wing housing policy is worsening New York's affordability crisis

"Left-wing mayors have made it very difficult for developers to build here," Ackman told Fortune. He highlighted Ken Griffin as a key example.

Fortune

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Bill Ackman's next big bet is convincing Americans to fall back in love with capitalism

Also: All the news and watercooler chat from Fortune.

Fortune

Bill Ackman Warns NYC's Luxury Home Tax Will Backfire, Says It Could Lower Property Values and Tax Receipts

Billionaire investor Bill Ackman is pushing back on New York City’s pied-à-terre tax, arguing the levy will backfire by shrinking property values and tax revenue rather than boosting city coffers.

Benzinga

Bill Ackman’s Amazon Bet Pays Off: Initial Stake Up At Least $423 Million

Amazon.com (NASDAQ:AMZN) stock is soaring Friday after the company’s double beat in the second quarter and explosive AWS growth. That’s good news for Amazon shareholders, including Bill Ackman.

Benzinga

Bernard Arnault slams claim his kids are feuding for control of the $142 billion LVMH empire: ‘They burst out laughing ... It is the stuff of novels’

“In the real world, my children run Maisons, build teams, make decisions, and, sacrilege of sacrileges, call each other on Sundays,” Arnault countered.

Fortune

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House Passes Congressional Stock Trading Ban — Then The White House Gets Community Noted Over It

Efforts to stop members of Congress from buying and selling stocks and options have been a key interest of retail traders and some elected officials for years. A recent effort to ban the practice passed the U.S. House, but its limited scope and a bundled voter-ID provision sparked confusion and…

Benzinga

CEOs agree there’s an affordability crisis, but how to solve it isn’t so simple

Also: All the news and watercooler chat from Fortune.

Fortune

Zelenskyy Appoints New Ukraine Military Chief as Protests Grow and Russia Strikes Key Energy Facility

Ukraine’s President Volodymyr Zelenskyy has appointed Major General Mykhailo Drapatyi as the new commander-in-chief of the country’s military, amid ongoing street protests in the country.

Benzinga

A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan

The new facility will be constructed on the Upper West Side, where Ackman has just purchased two buildings for a planned 700,000 square foot institute.

Fortune

Bill Ackman Says Tesla Robotaxi Fears Are Creating a 'Very Cheap' Buying Opportunity for UBER

Billionaire investor Bill Ackman believes the market’s anxiety over Tesla Inc.‘s (NASDAQ:TSLA) upcoming autonomous fleet has severely mispriced Uber Technologies Inc. (NASDAQ:UBER), creating a highly lucrative entry point for investors.

Benzinga

Bill Ackman Says 'Never Bet Against Elon' Amid SpaceX's Decline, Explains Why Pershing Square Doesn't Own SPCX

Investment firm Pershing Square Inc. (NYSE:PS) founder Bill Ackman has backed Elon Musk and Space Exploration Technologies Corp. (NASDAQ:SPCX), calling the commercial space flight company a “very interesting business.”

Benzinga

Bill Ackman Says META and AMZN Are 'Cheap Stocks' Despite Their Massive Size

Billionaire investor Bill Ackman, the founder of Pershing Square, is betting heavily on tech behemoths Meta Platforms Inc. (NASDAQ:META)and Amazon.com Inc. (NASDAQ:AMZN), identifying both companies as “durable compounders.”

Benzinga

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Fortune

The American Dream according to Bill Ackman

The billionaire investor on reviving Americans’ faith in capitalism—and the family crisis reshaping his legacy.

Benzinga

Bill Ackman Says It 'Makes No Sense' to Educate Top Talent Then Send Them Home, Calls for US Immigration Overhaul

Billionaire investor Bill Ackman said Sunday that the U.S. needs to overhaul its immigration policy to retain top talent because it “makes no sense to educate” highly skilled researchers at federally subsidized universities only to force many to leave the country.

Benzinga

Consumer Tech (Jul 13-17): IBM Sees Worst Day On Record, Gemini 3.5 Pro Release Delayed, Uber Acquires Delivery Hero & More

President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers.

The Times of India

Indian woman seeks help in getting F-1 visa appointment, Bill Ackman responds and receives massive backlash: 'Why don't you finance a Harvard in Kerala'

A social media post by a woman from India's Kerala snowballed into such a massive flashpoint that the woman deleted her X account and the post where she expressed her helplessness as she was not able to get an appointment for an F-1 visa. Threcy Jo Lawrence said she is…

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Barchart

Here’s the ‘Baby Buffett’ Investing Story I Meant to Write Before BlackRock Distracted Me.

The case for billionaire Taylor Swift as the next Warren Buffett, and how to track a core watchlist of picks at Barchart.

Benzinga

Trump Slams New York Data Center Moratorium as 'Terrible Decision' While Bill Ackman Points to AI Race With China and Says, 'Democracy at Risk'

On Wednesday, President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers.

Benzinga

Bill Ackman Warns of China ‘Super Intelligence’ Threat — 'Our Country And Democracy Will Be at Risk'

Billionaire investor Bill Ackman is sounding the alarm on what he sees as a rapidly escalating technological arms race with China, warning that the stakes could extend beyond economics into national security and democratic stability.

Benzinga

Bill Ackman’s Big Bet On Meta Stock Is Finally Paying Off: Here’s The 2026 Gain So Far

In recent years, Bill Ackman has invested Pershing Square Capital Management (NYSE:PS) heavily in Magnificent Seven stocks. This included taking a new position in Meta Platforms (NASDAQ:META) in the fourth quarter of 2025. The position took a beating earlier this year, but is finally positive for 2026.

Benzinga

Bill Ackman Takes Aim at Zohran Mamdani As 18.2% Mayor Pay Raise Sparks Fresh Questions Over NYC's Rent Freeze Policy: 'How Is This Fair?'

Billionaire investor Bill Ackman questioned New York City Mayor Zohran Mamdani (D) on Tuesday after a mayor-appointed commission recommended an 18.2% salary increase for the mayor and other elected officials, arguing the proposal contradicts the city’s recent rent freeze policy.

Benzinga

Bill Ackman's Hertz Bet Faces a New Test as HTZ Flashes a Death Cross

Hertz Global Holdings Inc. (NASDAQ:HTZ) has already lost nearly 60% of its value this year. Now, the chart is delivering another blow. The car-rental company’s stock has flashed a Death Cross—a bearish technical signal that appears when the 50-day moving average falls below the 200-day moving average.

Benzinga

Bill Ackman Backs Exiled Russian Oligarch's Fuel Crisis Warning: Russia's Government Has Done More Damage Than Ukrainian Drones

Investor Bill Ackman on Sunday shared comments from exiled Russian oligarch Mikhail Khodorkovsky, who warned that Russia was facing a growing fuel crisis as repeated refinery attacks by Ukraine and logistical bottlenecks disrupt gasoline and diesel supplies across the country.

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