Everand Logo

Welcome to Everand!

  • NPR

    Billionaire Investor Robert Mercer To Step Down From Firm, Selling Stake In Breitbart

    Robert Mercer, co-CEO of Renaissance Technologies and a major conservative donor, had brought attention to his firm. He is resigning amid reports that other company executives chafed at the scrutiny.
    by Jim Zarroli Nov 02, 2017 2 minutes
    Robert Mercer and his daughter Rebekah Mercer attend the 2017 TIME 100 Gala. He announced that he is stepping down from the hedge fund he co-heads and is selling his stake in Breitbart News to his daughters. / Sean Zanni / Getty Images

    Updated at 5:22 p.m. ET

    Wealthy donor Robert Mercer, whose money helped elect President Trump, is stepping down from the giant hedge fund he co-heads and is selling his stake in the conservative website Breitbart News to his daughters.

    In a letter sent Thursday to his investors at Renaissance Technologies LLC, Mercer, 71, defended his brand of libertarian politics, but also expressed regret for

    You’re reading a preview, subscribe to read more.

    More from NPR

    NPR3 min read
    How Much Should I Spend On A Wedding Present? Life Kit's Tips Of The Month
    Our April roundup of expert advice includes a nifty negotiation tactic, guidance on how to prevent digital eye strain and why you should travel during 'shoulder season.'
    NPR2 min read
    Military Families In Hawaii Spark Trial Over 2021 Jet Fuel Leak That Tainted Water
    A trial for a mass environmental injury case begins in Hawaii on Monday, more than two years after a U.S. military facility poisoned thousands of people when it leaked jet fuel into drinking water.
    NPR6 min read
    8 Tracks: Beyond The Grave, Johnny Cash Still Shows Us How To Make Music
    A new Johnny Cash song got NPR Music producer Lars Gotrich thinking about music released after a beloved artist dies. Check out "Well Alright," plus new music by Arooj Aftab and Tems on 8 Tracks.

    Related Books & Audiobooks