updated Mon. April 1, 2024
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The Straits Times
April 25, 2018
PARIS (REUTERS) - A French judge on Wednesday (April 25) placed tycoon Vincent Bollore under formal investigation over allegations his company undercharged for work on behalf of presidential candidates in two African nations in return for port contracts. Bollore's company, Groupe Bollore, announcedÃâà...
This is Money
April 25, 2018
The tycoon waging war on BT's dominance of UK broadband is set for a Ãâã10million payday after his firm was taken over by Goldman Sachs for nearly Ãâã540million. Greg Mesch, the boss of Cityfibre, will pocket the cash in exchange for his 12m shares in the company. Other top investors who will makeÃâà...
Aljazeera.com
April 25, 2018
French anti-corruption police have detained one of France's wealthiest men near Paris. Vincent Bollore is being questioned over allegations one of his companies worked to influence two African elections, in return for lucrative business deals. He denies the claims. Al Jazeera's Barbara Angopa reports.
The Times
April 25, 2018
Corrupt Russian oligarchs sheltering dirty money in Britain's overseas territories will be exposed under laws set to be forced on Theresa May next week. Tax havens such as the British Virgin Islands and Cayman Islands have so far resisted moves to follow the UK's lead and reveal to public view theÃâà...
SeafoodSource (blog)
April 24, 2018
The owner of pirate fishing vessel F/V Thunder has been fined EUR 8.2 million (USD 10.1 million) in a civil case brought by the Spanish government. According to an announcement issued by ocean conservation group Sea Shepherd, F/V Thunder was an INTERPOL-wanted fishing vessel that was involvedÃâà...
The Star, Kenya
April 23, 2018
Graham Investment Auctioneers yesterday said they will put up five properties owned by the late tycoon for sale. Tahir Sheikh Said, better known as TSS, owned the TSS Towers in Mombasa, the TSS bus company, TSS milling factory, several commercial buildings and land. TSS died in January last year.
NHK WORLD
April 23, 2018
Police in China have asked the US for help in looking into the alleged forging of government documents involving a Chinese billionaire. Police in the inland city of Chongqing held a news conference Monday. Their investigation centers on Guo Wengui, who now lives in the US and has made allegations ofÃâà...
Miami Herald
April 23, 2018
A London court ruled Monday to extradite the founder of indebted Croatia-based food and retail company Agrokor, the country's most-wanted fugitive. Ivica Todoric was arrested in London in November under a European arrest warrant posted by Croatia, which accuses him of mismanaging Agrokor andÃâà...
Minneapolis Star Tribune
April 23, 2018
Mallya is hardly the only Indian tycoon to have cocked a snook, or thumbed his nose, at his bankers. Some founding shareholders of Indian companies have long made full use of a loophole of local corporate law that thwarted banks' attempts to seize companies in default on their loans. A bunged-up courtÃâà...
American Journal of Transportation
March 26, 2018
India's top steelmaker plans to triple output at its Texas plant as the U.S. and China trade punches in what may become an extended trade war, sparked by President Donald Trump's tariffs on imports of the metal. The U.S. unit of JSW Steel Ltd. has signed an agreement with the Governor of Texas toÃâà...
Times of India
March 26, 2018
Calgary-based Sikh real estate mogul Bob Dhillon, who donated $10 million dollars to the local University of Lethbridge last week, says his long-term aim is to bring students from Punjab and the rest of India to give them futuristic education at one of Canada's top universities. In recognition of his donation,Ãâà...
IVN News
March 26, 2018
I am a businessman who never did anything in politics until about 7 years ago. However, I believe with the uncharted waters of the political environment now roiling daily, business people like myself must step up to the plate to revitalize our democracy. We must require a higher standard from our electedÃâà...
South China Morning Post
March 26, 2018
Hong Kong property tycoon Hui Wing-mau on Monday urged the city's young people and entrepreneurs to seize opportunities afforded by the “Greater Bay Area”, as he kicked off work on China's next top skyscraper in Shenzhen. In an exclusive interview, the Shimao Group chairman also said he hoped aÃâà...
HuffPost
March 26, 2018
West Virginia's Coal Tycoon Governor Uses Loophole To Leave Mines And Workers Idle. A loophole allows coal companies to declare mines idle and avoid cleanup costs. 03/26/2018 02:29 pm ET. Justin Merriman via Getty ImagesÃâà...
Bleeding Cool News
March 25, 2018
Perhaps the worst part of RollerCoaster Tycoon is the fact that you can't really experience your coasters. That's where RollerCoaster Tycoon Joyride comes in. Joyride lets you build and ride on your screaming metal deathtraps. With the fringe benefits of bombs, targets to shoot at, multiplayer modes, andÃâà...
South China Morning Post
March 25, 2018
Li Ka-shing remains the most famous living Hongkonger. Evidence of that was the international coverage of his retirement at 89 as head of his listed companies. It is doubtful there will ever be another self-made tycoon quite like the city's richest man, who built an empire woven into the fabric of Hong KongÃâà...
The Star Online
March 25, 2018
Beijing: Wu Ying, a former business tycoon, had her suspended death sentence reduced to 25 years in prison at a local court in Zhejiang province. Wu, 37, previously the owner of Zhejiang-based Bense Holding Group and once one of China's richest women, was sentenced to death in 2009 for illegalÃâà...
Kotaku
March 24, 2018
The Unlidded Eye is where everyone can see all of the transgressions and crimes they have committed during their lives. Image: arthenc. A Rollercoaster Tycoon player has created a horrifying trial for their park attendees. Only those who find enlightenment will escape. For some reason, people love to useÃâà...
The New Arab
March 10, 2018
The Cairo Criminal Court on Thursday dropped charges and lifted a travel ban against Mubarak-era steel tycoon Ahmed Ezz, Reuters reported. Ezz was previously sentenced to 37 years in prison in 2013 for profiteering and squandering public funds. He reportedly paid 1.7 billion Egyptian pounds ($96.8Ãâà...
Road to VR
March 10, 2018
At first blush Rollercoaster Tycoon, a legendary theme-park management game, seems like a perfect fit for VR—build awesome roller coasters and then ride on them! But, as many developers and VR gamers have learned quite early on, rollercoasters can be a recipe for nausea in VR if the locomotionÃâà...
Jakarta Post
March 8, 2018
Tahir calls on fellow tycoons to join his philanthropic ways Congratulations: Dato Sri Tahir (second left), is congratulated by Attorney General HM Prasetyo (center) on being bestowed an economic doctorate degree by Airlangga University in Surabaya on Thursday.(JP/Wahyoe Boediwardhana) (second left)Ãâà...
NDTV
March 8, 2018
Prince Charles Appoints Indian-Origin Steel Tycoon As UK Skills Ambassador. Sanjeev Gupta was appointed to the Industrial Cadets programme to give young people direct structured experience of the industry. Indians Abroad | Press Trust of India | Updated: March 08, 2018 23:04 IST. 3 Shares. EMAIL. PRINT.
Pacific Northwest Inlander
March 8, 2018
Elliot Leeds was dead: to begin with. There is no doubt whatever about that. His private plane crashed, the wreckage searched, no survivors found. And still, like Marley's ghost, the late technology tycoon reappears one night, courtesy of the data on a couriered hard drive, to urge the living to reexamine theirÃâà...
South China Morning Post
March 8, 2018
Yu's grandson Pang Chi-ping, the sole trustee of the Yu Panglin Charitable Trust, had asked the High Court in 2015 to declare the will made on July 21, 2011 as the “true last and final will” of the tycoon, and to override two caveats raised by his son Pang Ah-fan and grandson Pang San-hon. These twoÃâà...
South China Morning Post
March 8, 2018
The business empire controlled by Chinese tycoon Xiao Jianhua will divest itself of 150 billion yuan (US$23.7 billion) worth of assets this year to repay bank loans, after offloading investments of about 100 billion yuan since he returned to the mainland from Hong Kong in mysterious circumstances early lastÃâà...
Business Insider
March 8, 2018
RIYADH (Reuters) - Forbes magazine said on Thursday it was excluding all Saudi Arabian tycoons from its annual list of the world's richest people after dozens of top businessmen from the oil-rich kingdom were detained in a crackdown on corruption last year. Most detainees were released after reaching settlements withÃâà...
South China Morning Post
March 7, 2018
As in previous years, the 32nd Forbes annual billionaires list was dominated by US tycoons, who made up 13 out of the world's 20 richest people. But with China creating the most new billionaires last year, 89 compared to the US' 18, the gap between the two countries is closing. While the US had the mostÃâà...
The Guardian
March 7, 2018
The Lafayette Anticipations building in Paris was designed by the Dutch architect Rem Koolhaas. Photograph: Christophe Simon/AFP/Getty Images. It is a truth universally acknowledged, that a Frenchman in possession of a good fortune may not be in want of a wife, but a private cultural foundation. BernardÃâà...
Inquirer.net
March 7, 2018
A dozen tycoons from the Philippines, led by Henry Sy Sr. who founded the storied SM group, are among the wealthiest people on the planet, based on the 2018 Forbes World's ... Property tycoon Andrew Tan, founder of the Megaworld group, ranked 887th globally with an estimated fortune of $2.7 billion.
The Straits Times
March 5, 2018
The 94-year-old Hong Kong-based tycoon has refuted the allegations and said he would take action against the news portal for publishing them. The allegations against Mr Kuok had sparked harsh criticism of the 94-year-old billionaire by senior members of Umno, the Malay dominant party leading theÃâà...
Quartz
March 5, 2018
Thousands of China's elite are meeting in Beijing as the National People's Congress (NPC), a rubber-stamp parliament, and the Chinese People's Political Consultative Conference (CPPCC), a non-legislative advisory body, convene for annual meetings. While the events (commonly referred to as the “twoÃâà...
Newsweek
March 5, 2018
A Thai construction tycoon, who was caught poaching a rare black leopard last month, is now planning to build a highway through a pristine forest in Myanmar, according to a report. Myanmar's Tanintharyi Forest contains endangered leopards, Asian elephants, gold cats and adjoins two tiger sanctuaries.
Independent.ie
March 4, 2018
Xi fires warning as China probes energy tycoon ... Xi fires warning as China probes energy tycoon. Independent.ie. President Xi Jinping's government has fired another warning shot at global dealmakers doing business with Chinese billionaires: not even the most well-connected tycoons are safe.
Economic Times (blog)
March 4, 2018
The Cabinet's nod for a new law that allows the government to take over all assets of loan defaulters and economic offenders who flee the country to evade criminal prosecution is pragmatic. Called the Fugitive Economic Offenders Bill (FEOB), the proposed law is meant to coerce such offenders to return toÃâà...
The Straits Times
March 4, 2018
Tan Sri Kuok has been in the political spotlight in recent weeks after a blogger's claims that the Hong Kong-based tycoon was funding opposition parties and a news site in order to overthrow the government. Mr Kuok has refuted those allegations and threatened to take action against the news portal forÃâà...
South China Morning Post
March 4, 2018
Still, real estate tycoon Hui Ka Yan, or Xu Jiayin as the chairman of Guangzhou-based developer Evergrande Group is known in mainland China, managed to remain among delegates thronging the Chinese capital this weekend. His Evergrande group has spent about 11 billion yuan (US$1.7 billion) in theÃâà...
The Times
March 4, 2018
She was brought up in a Glasgow tenement and created a lingerie empire that earned her millions of pounds and a seat in the House of Lords. Baroness Mone, who was made a business tsar by the former prime minister David Cameron, now aims to boost her fortune by launching a digital currency dubbedÃâà...
AsiaOne
March 4, 2018
During the two week-Chinese New Year celebrations, with the tossing of yee sang for better times ahead, the key topic of conversation among the Chinese revolved around the general election. But the sudden eruption of high-level political attacks on Robert Kuok last weekend sent shockwaves through theÃâà...
The Times
March 3, 2018
Liam Casey, an Irish manufacturing tycoon, invested in a small start-up created by a pair of brothers from County Limerick in 2009. His six-figure bet valued the company that would become Stripe at just $10m (Ãâã7.25m). Today it is an internet payments giant worth more than $9bn. In an interview on TheÃâà...
New Zimbabwe.com
March 3, 2018
The 43-year-old entrepreneur is the founder and CEO of Big Time Strategic Group (BTSG), a leading black-owned company with businesses spanning information technology, financial services, aviation, agriculture, transport and logistics, events management, insurance and energy. He seems to believe “ItÃâà...
Deseret News
March 3, 2018
"While some on the left and in the media have attempted to portray supporters of this executive order as greedy energy tycoons, the real benefactors are Utah schoolchildren and the people of San Juan County," Hatch said. "The lands in question were school trust lands that fund education priorities in theÃâà...
The Straits Times
March 3, 2018
KUALA LUMPUR • It was supposed to be the crowning achievement of Malaysian tycoon Ananda Krishnan's five-decade career. But his US$7 billion (S$9.3 billion) bet on mobile carrier Aircel may instead go down as one of the biggest flops by a foreign investor in India, a stark reminder that doing businessÃâà...
Bangkok Post
March 2, 2018
A member of the Nitirat group has said he and his auto-parts tycoon friend would set up a political party as an alternative to voters in the upcoming election. Piyabutr Saengkanokkul, an academic in his late thirties at Thammasat University's Faculty of Law, said he would join hands with ThanathornÃâà...
Egypt Independent
March 1, 2018
Business tycoon Ahmed Ezz is expected to pay LE 1.8 billion, of which LE 600,000 million were recovered from his funds abroad, as part of a reconciliation deal with Egypt's government, prosecutor-general Nabil Sadek said in a statement on Wednesday. The deal was reached by the national committeeÃâà...
CNNMoney
March 1, 2018
Ma has dethroned real estate tycoon Hui Ka Yan as China's richest person. Hurun estimates that Hui, who only took the top spot himself in October, has a fortune of $41 billion. Shares in property developer Evergrande -- of which Hui is the chairman and biggest shareholder -- have skyrocketed more thanÃâà...
The Economist
December 31, 1999
A certain brand of tycoon has thrived because getting things done often requires sharp elbows and sharper business practices. Magnates who are politically astute will still have an edge if knowing how to dodge a price cap imposed on a ministerial whim, for example, is a surer guide to success thanÃâà...
Digital Trends
December 31, 1999
Remember Rollercoaster Tycoon? Imagine a game like that, but instead of building a theme park full of thrilling roller-coasters and awe-inspiring attractions, you decorate a basement and fill it with Bitcoin mining equipment. That is what you get with Bitcoin Tycoon, a tongue-in-cheek Bitcoin miningÃâà...
The Straits Times
December 31, 1999
PETALING JAYA - The accomplishments of Malaysian multi-billionaire Robert Kuok as an entrepreneur are a success story for the country, the Malaysian Prime Minister's Office said on Tuesday (Feb 27). In a statement, Prime Minister Najib Razak's press secretary Tengku Sariffuddin Tengku Ahmad saidÃâà...
