Inauguration fashion: Purple, pearls, American designers
(AP Photo/Patrick Semansky, Pool)Joe Biden and Kamala Harris showcased American designers at their inauguration Wednesday, and Harris gave a nod to women's suffrage, Shirley Chisholm and her beloved sorority in pearls and purple. Pearls had a strong fashion showing, in line with a social media campaign that had inauguration watchers donning strands in support and celebration of Harris. “If there’s a message to be taken from today’s inauguration fashion, it’s that those who attended are signaling faith in unity and bipartisanship, as well as restoring truth and trust,” Torgerson said. Another inauguration fashion star on Twitter was Nikolas Ajagu, the husband of Harris' niece, Meena Harris. It was updated on January 21, 2021, to correct the fact that Meena Harris is Vice President Kamala Harris’ niece, not her sister.
Gabriela Hearst, Kerby Jean-Raymond win top fashion awards
NEW YORK – The Council of Fashion Designers of America gave its top fashion awards on Monday to Gabriela Hearst for womenswear and Kerby Jean-Raymond for menswear. The two designers led a group of winners that the CFDA said was the most diverse in the 39-year history of the awards. The winners also included Telfar Clemens, who won the accessories award, and Christopher John Rogers, who won for American emerging designer. The award for international women's designer went to Pierpaolo Piccioli for Valentino. The international men's designer award went to Kim Jones for Dior.
Hedge fund titans Simons, Griffin, Cohen and Tepper earned $1 billion in 2019 before virus outbreak
Renaissance Technologies's James Simons, Citadel's Ken Griffin, Points72's Steven Cohen and Appaloosa Management's David Tepper were among the biggest hedge fund earners in 2019 with each man raking in over $1 billion, according to Institutional Investor's Rich List. 1 on the list was Christopher Hohn of TCI Fund Management, who earned in $1.8 billion last year, according to Institutional Investor. As a result of a banner year, the 25 highest-earning hedge fund managers made a combined $20.2 billion in 2019, the most since 2013. It's likely that a significant portion of the managers' 2019 income was erased throughout the market collapse. For example, Bridgewater's Dalio told CNBC last week that his hedge fund was down 10% to 20%.cnbc.com