How to close a company | Serbia wants to show how to disarm a country | When 10 Homes Isn’t Enough: Which Billionaires Own The Most Properties

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You Might Like � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium How to close a company    WeFarm — which combined a marketplace for farmers to buy agricultural products with a platform to connect and exchange advice — raised approximately $30m, employed 120 people and had three offices in Africa and one in the UK. At its peak, it sold more than $1m worth of products a week. But, when it came to raising its fifth round of funding last summer it wasn’t able to convince investors to come onboard, and founder Kenny Ewan knew it was time to shut up shop. In our Startup Life newsletter, Kenny gives us his headline advice on how to close a company. Please note, this is not legal advice, and these are just a few of the many things you’ll need to consider when closing a company.  The process of closing a business varies company to company — it depends on why you’re closing, how your company is set up, where it's set up and whether you are solvent (can pay off any outstanding debts) or not. If you have entities in multiple countries, ensure you’re aware of local requirements. Use your investors for support and get legal advice. Continued here Serbia wants to show how to disarm a country    The first shooting was on a grey morning this May. Maja, a woman in her 60s who lives in the Serbian capital, Belgrade, had just dropped her grandson off at school when she heard the sirens blaring. Her phone began to ping with notifications and she knew something was wrong. When she got home, Maja switched on the TV in time to see police swarming around a school. A 13-year-old boy had opened fire on his classmates with a handgun in the centre of Belgrade, killing nine children and a security guard, and leaving six more injured. The gun, news outlets would later report, was legally owned by the boy’s father, who had allegedly taken him to shooting ranges for target practice. The school was only blocks away from Maja’s grandson’s. She went to fetch him immediately. The next day, it happened again. A 20-year-old killed nine people in drive-by shootings across a series of villages south of Belgrade. This time, the gun was unregistered. When they searched a home owned by the killer’s family, police found a large stash of other illegal firearms and explosives. Continued here When 10 Homes Isn't Enough: Which Billionaires Own The Most Properties    Oprah Winfrey's massive, 40-acre "Promised Land" estate in Montecito, Calif is one of several properties she owns in the wealthy coastal town. Amazon chairman Jeff Bezos picked up his ninth home this summer-on Indian Creek, a luxury island sometimes called Miami's 'billionaire bunker' given the number of billionaires with homes there; his neighbors now include financier Carl Icahn, car dealer tycoon Norman Braman and Jared and Ivanka Trump. Bezos' three-bedroom manse spans 9,200 square feet and reportedly cost him $68 million. The purchase rounds out a portfolio of homes he owns in spots from Washington, D.C. to Manhattan to Maui, the devastated Hawaiian island to which he and his fiancee Lauren Sanchez recently announced a $100 million donation. Bezos is the latest high profile billionaire to buy in Miami but hedge fund manager Ken Griffin holds the record for most ever paid in the city, dropping $107 million on a two-mansion, four-acre waterfront estate in Biscayne Bay in September 2022. He already owned several properties next door, plus homes in London, a record-high-priced penthouse in New York and $450 million worth of properties in Palm Beach. Altogether Griffin, who moved from Chicago to Florida in 2022, has splashed out nearly $2 billion on 13 homes Continued here

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