A Private Equity Firm Bought Ancestry, and Its Trove of DNA, for $4.7B

A Private Equity Firm Bought Ancestry, and Its Trove of DNA, for $4.7B

Ultimately, the multi-billion dollar trading of Ancestry between investment companies is another reminder that when you hand over your DNA, you never know who might eventually own it.

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World’s Biggest Landlord Buys World’s Biggest Genealogy Website

The United Nations issued a report in 2019 accusing Blackstone of “wreaking havoc” with “aggressive evictions” and contributing to the housing crisis that was becoming apparent even before the coronavirus pandemic sent the global economy spiraling. Blackstone made a killing from the 2009 financial crisis, scooping up billions of dollars worth of apartment complexes and single-family homes in the early 2010s.