A billionaire goes all-in on gold

Gold is setting records again, boosting the holdings of central banks, Armageddon worrywarts, and ordinary people who own gold bars, coins, and jewelry.

 

But few individuals stand to benefit as much as low-profile billionaire Thomas Kaplan. A New York-bo commodities magnate who eaed a doctorate in British colonial history at Oxford, Mr. Kaplan oversees an empire devoted largely to gold.