Penthouse Founder

Ken Griffin is showing how a billionaire goes on a shopping spree. Just days after buying one of the most expensive residential properties in London, the Citadel founder set a U.S. record with the $238 million penthouse at 220 Central Park South.

Bob Guccione, who founded Penthouse magazine in the 1960s and built a pornographic media empire that broke taboos, outraged the guardians of taste and made billions before drowning in a slough of bad investments and Internet competition, died on Wednesday in Plano, Texas, The Associated Press reported. He was 79.A statement issued by the Guc...

Ken Griffin is showing how a billionaire goes on a shopping spree. Just days after buying one of the most expensive residential properties in London, the Citadel founder set a U.S. record with the $238 million penthouse at 220 Central Park South.

Bob Guccione, who founded Penthouse magazine in the 1960s and built a pornographic media empire that broke taboos, outraged the guardians of taste and made billions before drowning in a slough of bad investments and Internet competition, died on Wednesday in Plano, Texas, The Associated Press reported. He was 79.A statement issued by the Guc...