Connect with us

Hi, what are you looking for?

Jewish Business News

Leadership & A-List

Bill Ackman Made $144 Million on Burger King Before the Opening Bell


Bill Ackman facebook

Hedge fund manager Bill Ackman, who runs Pershing Square Capital, made more than $144 million on his Burger King stake this morning before the opening bell, Business Insider reported.

Burger King is in talks to acquire Canadian coffee and donut chain Tim Hortons. So it turns out being smart enough to buy more of it was really smart.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

And the rich get richer team scores again. Yeah…

if the deal happens, Burger King could become a Canadian company, and, gues what, then they would be paying a lower corporate tax rate.

The rich also pay less in taxes. Yeah.

The stock was last trading up about 13.9%, or $3.77 per share, in the pre-market. Ackman’s stake has to be worth more than $1.18 billion, in other words.


In 2012, Ackman He used his cash-shell company Justice Holdings to buy Burger King and then made it a publicly traded company listed on the New York Stock Exchange. Since then, the Burger King have risen more than 71%.

It’s good to be the king.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News