The question of Jim “Jet” Neilson’s true worth begins to feel less like a financial inquiry and more like a riddle at one point, somewhere between the highway and the parking lot of a Walmart in San Antonio. Born in Van Nuys in 1953, he grew up in Hawaii with a fishing captain and a real estate agent. He is currently in his seventies. And yet here he is, decades later, parked next to a 44-foot jet-powered land racer, signing T-shirts for children who were unaware that land speed records were still actively pursued. For years, the internet has been…
Author: Megan Burrows
Cal McNair appears to have settled comfortably into the category of wealth that doesn’t make an announcement. Unlike other NFL owners, he hardly ever makes the kind of headlines. He doesn’t make many posts. He doesn’t appear on cable panels debating quarterbacks. Nevertheless, you can feel the weight of a family that quietly created one of the more enduring fortunes in American sports somewhere up in the owners’ suite when you stroll through NRG Stadium on a Sunday in Houston. His personal net worth is estimated to be around $2 billion, though the exact amount varies depending on the source.…
The way Arkady Volozh’s fortune has fluctuated and recovered over the last four years has an almost cinematic quality. According to Forbes, his current net worth is approximately $7.2 billion as of mid-May 2026, ranking him around #536 on the global list. Naturally, that figure fluctuates every day, sometimes even every hour, based on the performance of Nebius Group’s shares on the Nasdaq that afternoon. And they’ve made a lot of decisions lately. It was not intended for Volozh to return here. His name appeared on the EU sanctions list in early 2022 following Russia’s invasion of Ukraine, and his…
This March, while observing Warwick Davis at Windsor Castle, you noticed a subtle change in his demeanor. He stood alongside his kids, Harrison and Annabelle, and a woman who had never been seen by the majority of the nation. She did not wave. She was not posing. She stood half a step behind him, as people do when they know they will be photographed today, even though they would prefer not to be. It turns out that Philippa Morris is that woman. forty years of age. American. A professional hypnotist with two kids of her own. In her professional life,…
Sometime during the past eighteen months, a decision that will influence the flow of digital money in Britain for the next ten years was made in a small, somewhat unglamorous building on Threadneedle Street. When you pass it on a weekday morning, you’ll see people in suits pushing through revolving doors while holding coffee cups and discussing reserves and redemptions in the same manner that bond traders used to discuss gilts. Theatrical announcements have never been made at the Bank of England. However, the rulebook that is being developed within it, along with the FCA located further west along the…
Just before the US bell rings at half past three in the afternoon, a strange silence descends upon London’s trading floors. The screens continue to flicker. On desks are half-finished coffee cups. In the midst of all of this, the FTSE 100 and the global crypto complex, two markets that the textbooks said should be moving in similar directions, continue to defy expectations. The relationship has never been easy, and it has recently gotten stranger. Risk-on assets moved together, according to analysts, for years. Bitcoin and stocks would decline simultaneously when central banks tightened, and the system’s liquidity was depleted.…
For many years, there were two options available to British Bitcoin enthusiasts, and neither was comfortable. You either watched from the sidelines as Americans were given brand-new spot ETFs on a regulatory silver platter, or you opened an account on a cryptocurrency exchange and discovered the mild anxiety of handling private keys. In October 2025, the FCA quietly lifted a four-year ban on cryptocurrency exchange-traded notes, allowing regular brokers to sell them to retail investors. There were no fireworks when the shift arrived. It was delivered as a press release. However, a real thing has moved. On October 20 of…
The UK’s eventual spot Bitcoin moment is almost anticlimactic. Nobody outside of finance Twitter seemed to notice any bells on the LSE floor. No speech from a Treasury minister that would make headlines. A press release from BlackRock’s EMEA team, a quiet October listing, and the soft click of retail brokers updating their product menus. When British investors woke up after four years of being told no, they discovered that the answer had subtly changed to yes. The true story behind the scenes was the FCA’s reversal, which was announced roughly 12 days before BlackRock’s listing went live. For years,…
You wouldn’t believe that the buildings surrounding you are gradually being rewired to handle a class of assets that, until recently, the majority of their occupants treated with suspicion if you were to stroll through the City of London on a weekday morning. The glass towers in the vicinity of Bishopsgate remain unchanged. Inside, the bankers are still waiting in line for the same expensive flat whites. However, a subtle reorganization is taking place somewhere on the trading floors, and it’s difficult to ignore. Institutional cryptocurrency investment in the UK is no longer a side topic. It’s turning into a…
The bankers, coffee carts, or even the unrelenting grey of the Thames in November are not the first things you notice when you stroll through Canary Wharf on a Tuesday morning. It’s the dialogue. Talk has changed somewhere between the elevator lobbies and the espresso lines. When you brought up Bitcoin at a City firm five years ago, you were met with a courteous smile and a shift in topic. It asks you a question regarding custody arrangements today. Without much notice, London has emerged as one of the world’s most significant cryptocurrency hubs. Approximately 25% of adults in the…
