Daily Mail has published an article, “The only man Elon trusts to look after his $240 billion: Secretive friend who runs Musk’s family office controls his wealth – but also helped him investigate ‘pedo guy’ and was fired by Merrill Lynch,” which discusses Jared Birchall who is Elon Musk’s private wealth management advisor. The article begins as follows:
He works from an unassuming eight story office block, beneath an underpass on the outskirts of Austin.
He was fired by Merrill Lynch for ‘conduct resulting in management’s loss of confidence’, and went on to carve out a decent yet unremarkable career in finance: few have ever heard of him.
Yet Jared Birchall is now leading one of the most significant corporate takeovers of our time, as the man Elon Musk refers enquiries to for his $44 billion takeover of Twitter.
‘Once you appoint somebody to run the family office, that means that you trust him,’ said Raphael Amit, a management professor at the Wharton School.
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Posted by Anthony Tran, Associate Editor, Wealth Strategies Journal