Serena’s press goes off-court
AHEAD of taking the court at the US Open, Serena Williams took the stage at an ultraelite meeting of billionaires and business bigwigs at the 1640 Society’s Family Office Wealth Forum — also known as “the Davos of the Hamptons” — to talk about her venture capital fund.
The tennis legend announced in Vogue that she will retire after this year’s US Open to focus on both her family and business, Serena Ventures, which she started in 2014.
In March, she announced she’d raised $111 million. We’re told Williams spoke to conference attendees about her portfolio of more than 50 companies, including being an early backer of MasterClass and Noom. Her feats impressed the seasoned investors and moguls in attendance, including Apax Partners’ Alan Patricof, short-lived White House spokesman Anthony Scaramucci, Tim Draper, Kent Swig, ex-CEO of Marvel Peter Cuneo, philanthropist Nancy Davis and Joshua Friedman.
The annual conference is invite-only and has included powerful family names like Kennedy, Bush, Ford, Rockefeller, Getty, Heinz and Musk. The website states that the forum attracts those “who summer in the Hamptons . . . as well as international families from Mid East, Europe and Asia who seek a private and exclusive venue to network [and] exchange new information.”
We’re told that along with the speakers, this year’s event had a number of chances to rub elbows. Impact Wealth Magazine’s editor-inchief Hillary Latos and p.r. execs Adam Weiss and Angela Gorman hosted a lunch at Libbie Mugrabi’s Water Mill mansion. Guests also mingled at Michael Loeb’s massive home on Meadow Lane.
Following the conference, VIPs enjoyed a candlelit beachfront dinner at La Dune, the home of Louise Blouin, who formerly ran an art media empire. The $63 million property was involved in bankruptcy court in May and recently appeared on a list of the area’s top water guzzlers.