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3G Capital Backs High-Performing Hedge Fund Led by Michael Ding

3G Capital has quietly backed a technology-focused hedge fund managed by Michael Ding, who has achieved impressive annualized returns of 22% since early 2020, with a 50% gain year-to-date. The fund, 3G Courser, specializes in small and mid-cap companies and leverages 3G's extensive network and research capabilities. With approximately $300 million in assets, it stands out among competitors, outperforming notable peers in the hedge fund space.

wertheimer family retains top spot among switzerland's richest in 2024

Gérard Wertheimer, co-owner of Chanel, remains the richest person in Switzerland with a fortune of CHF37 billion, despite a decline due to a slowdown in the luxury sector. The Hoffmann, Oeri, and Duschmalé family follows in second place with CHF28-29 billion, while Klaus-Michael Kühne ranks third with CHF27-28 billion. The Blocher family has seen their wealth grow to CHF15-16 billion, and Guillaume Pousaz rounds out the top ten with CHF14-15 billion.

switzerland's wealthiest remain unchanged as luxury sector faces challenges

Gérard Wertheimer, co-owner of Chanel, remains Switzerland's richest person in 2024, with a fortune of 37-38 billion francs, despite a decline in the luxury sector. The Hoffmann, Oeri, and Duschmalé family follows with 28-29 billion, while Klaus-Michael Kühne holds third place with 27-28 billion. The Blocher family and Guillaume Pousaz round out the top ten, with fortunes of 15-16 billion and 14-15 billion francs, respectively.
13:39 26.11.2024
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