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When Alfred Lee Loomis gave each of his three sons $1 million, the baby was only 14. When the stock market crashed and people were jumping from buildings on Wall Street, he and his brother-in-law Landon K. Thorne had cash to buy most of Hilton Head Island. When America's military hierarchy said ...
FILE - In this May 30, 2017, file photo, oil tycoon T. Boone Pickens poses for a photo before a series of man-made lakes leading from The Lake House to The Lodge on his Mesa Vista ranch in the panhandle of Texas. Pickens announced Friday, Jan. 12, 2018, that he is closing his Dallas energy-focused ...

Property development tycoon Chang Kao-hsiang (張高祥) is to give specific details on his business plan for Eastern Broadcasting Co (EBC), which he acquired at the end of last year, in an administrative hearing on Tuesday next week. The cable TV network owns several channels, including EBC Variety, ...
Budding bosses at primary schools across West Cumbria are preparing to set up their own mini businesses for the Cumbria Bright Stars challenge. Organised by the Centre for Leadership Performance, the competition is designed to get the UK's youngest entrepreneurs excited about business, build ...
ZimbabweAN telecoms, media and Financial Services tycoon, Strive Masiyiwa, is now worth US$1.7 billion and ranked 14th on Forbes' list of African billionaires. According to the US-based business magazine, Masiyiwa becomes Zimbabwe's first billionaire and the country's only representative on its list of ...
Fort Worth, Texas -- oil tycoon T. Boone Pickens, who is recovering from a series of strokes and a fall last year, said Friday that he is closing his Dallas energy-focused hedge fund after what he described as "one hell of a roller coaster ride." "It's no secret the past year has not been good to me, from a ...

A property tycoon was tried by Phnom Penh Municipal Court yesterday for allegedly issuing a bad cheque for $1 million to another property tycoon in Phnom Penh in June. Judge Heng Sokna said Oknha Chuob Chan, the 41-year-old president of Ratanak Sambath Co Ltd, was charged with issuing a bad ...
The Apsara Authority yesterday demarcated some of its land in Siem Reap town's Slakram commune to prevent encroachment by a development tycoon. Long Kosal, an Apsara spokesman, said the mission aimed to protect state land from land developer Ly Oum Eng. Mr Kosal said joint forces from the ...
Mumbai, Jan 10 (Reuters Breakingviews) - Kumar Mangalam Birla is shifting gears. The Indian tycoon has been feverishly tidying up his cement-to-textiles empire, based around the flagship Aditya Birla Group. Now a $2.5 billion bid from affiliate Hindalco for U.S. aluminium products-maker Aleris, ...
An Indian court on Thursday (4 January) declared the country's flamboyant tycoon Vijay Mallya a "proclaimed offender" for failing to appear to answer allegations of money laundering by flouting foreign currency laws. The order - by a New Delhi court - paves the way for the government to take over Mallya's ...
A widow of a slain Mombasa tycoon Mohammed Khan has now claimed that her life is in danger. According to a local daily, Joyce Mumbua, a mother of two has said that she has been receiving death threats since a Mombasa High court directed for the reopening of the deceased succession file. The widow ...
NEW YORK -- A man who posed as a millionaire oil tycoon to scam women on internet dating sites out of thousands of dollars has been sentenced in New York to nearly four years in prison. John Edward Taylor was sentenced Thursday in Manhattan federal court for a fraud that cost women on the East ...
Editor's note: This is the latest installment of Minneapolis/St. Paul Business Journal's new winter-only weekly feature -- Dream Getaways -- highlighting some of the most extravagant and expensive homes in warm-weather areas where Minnesotans migrate in the cold months. This one comes courtesy of ...
A wealthy Vietnamese property developer wanted in Vietnam on charges of espionage was flown back to Hanoi on Thursday after being briefly detained in Singapore, RFA has learned. Phan Van Anh Vu, 42, had applied to Germany for asylum before his forced return to Vietnam, where he faces a possible ...
Vietnamese police said they arrested a business tycoon wanted for revealing state secrets after he was deported by Singapore on Thursday. Vietnamese officials said in a statement that Phan Van Anh Vu will be investigated "in accordance with regulations of the law." The 42-year-old Vu is a real estate ...
Indian business tycoon and media mogul, Subhash Chandra has been one of the most outspoken names in the country. He has often expressed his opinions in matters of national or political interest. Chandra, the founder of the ZEE network, is now one of the first major Indian voices talking about legalizing ...

File photo of the Singapore Flyer observatory wheel overlooking the skyline of the central business district in Singapore. Reuters/Edgar Su. More. UPDATE: Lawyer Remy Choo was granted permission by immigration authorities to see his client Phan Van Anh Vu on Wednesday (3 Jan) afternoon.
It was a typically bullish remark from the 60-year-old tycoon, listed by Forbes as Japan's richest man with an estimated fortune of US$22.2 billion (S$29.7 billion), who has embarked on a furious spree of purchases culminating in last week's deal to take a hefty stake in ride-sharing app Uber. Under Mr Son's ...
shipping billionaire John Fredriksen struck a deal to save his Seadrill oil services company from collapse in 2017. This year, he faces a fight to keep the plan together. When oil majors cut drilling as crude prices collapsed in 2014, rig-supplier Seadrill was hit hard. Cash flows fell too low to support a US$9 ...
UPDATE: Sydney seaplane victim Emma Bowden was the "Grace Kelly" of OK Magazine, where she worked as arts editor, her former boss has recalled. Former editor-in-chief Lisa Byrne described Ms Bowden, 48, as "quite regal and very serene." Ms Bowden was killed with her fiance, multi-millionaire ...
A RESTAURANT tycoon left nursing a £350m divorce bill is getting hitched to a property developer half his age - just one year after splitting with his wife of 45 years. Fashion mogul Caring, 69, announced his engagement to stunning Brazilian property developer Patricia Mondinni, 36, with a lavish party ...
Playboy magazine founder Hugh Hefner, Fox News Channel CEO Roger Ailes and billionaire philanthropist David Rockefeller were among newsmakers in business, finance and public affairs who died in 2017. The business world lost Raymond Sackler, who bought Purdue PhaRMA, producer of the ...
The bold and flamboyant Son was one of the first personalities from the business world to meet another unconventional tycoon--Donald Trump--last year after his election victory. Son pledged to invest $50 billion in the US economy and create 50,000 jobs and Trump's off-the-cuff announcement of this ...
A businessman, Mr. Munsur Usman, who deals in jewellery at Hausa Quar-ters, Obiaruku, Delta State, has been kidnapped by unknown persons. This came barely 24 hours after the state police command confirmed that car hire operator, one Okoro Stephen was abducted in his grey coloured Toyota Camry ...
Tokyo (AFP) - Once asked on twitter about his receding hairline, Masayoshi Son, founder of Japanese telecoms giant SoftBank, retorted: "My hair is not receding. I'm advancing." It was a typically bullish remark from the 60-year-old tycoon, listed by Forbes as Japan's richest man with an estimated fortune ...
President Moon Jae-in granted pardons to 6,444 people Friday, including an ex-liberal lawmaker, evictees involved in the deadly Yongsan disaster and migrant workers, which the presidential office said aims to help ordinary people without money or power and foster unity. In a reversal of tradition, ...
The socialist party of Nigeria (SPN), Oyo State chapter on Friday described the lingering fuel scarcity across the country as a conspiracy among politicians and oil tycoons against the poor. SPN noted that the scarcity which had continued to have negative effects on the lives of Nigerians was "a ...
A mysterious bitcoin tycoon with the alias PineappleFund made a million-dollar donation to the digital library nonprofit Internet Archive. The donor, whose true identity is unknown, pledged in a Reddit post to give $86 million in bitcoin to nonprofits, in a round of donations called The Pineapple Fund.
A mysterious bitcoin tycoon called "PineappleFund" made a million-dollar donation to the digital library non-profit the Internet Archive. The donor, whose true identity is unknown, pledged in a Reddit post to give their $86 million fortune in bitcoin to non-profits, in a round of donations called "The Pineapple ...
An unsigned contract obtained by Al Jazeera's Investigative Unit identifies Alexander Onyschenko - the gas tycoon, former member of parliament and currently one of Ukraine's most-wanted men - and Pavel Fuchs, a real estate tycoon who made his fortune in Moscow, as the buyers in the illegal deal.
Young tycoon Edgar Saavedra has beefed up his stake in construction, engineering and infrastructure group Megawide Construction Corp. to 45.5 percent by buying the second block of shares divested by founding partner Michael Cosiquien for around P6.76 billion. On Friday, 377.75 million Megawide ...
Local media in Mondulkiri province have accused established businessmen of being involved with logging in Phnom Prich Wildlife Sanctuary. Online newspaper Nokor Dragon said illegal logging became rampant in the national reserve, and claimed local tycoons Oeng Bunchin, San Choy, and Srieng ...
Indonesia's most powerful companies and tycoons are lining up big domestic bets under President Joko Widodo -- a clear sign that doing business has become easier. Many of these groups have their hands in a variety of industries, like Lippo, which in addition to malls and hospitals runs TV networks and ...
President Moon Jae-in granted pardons to 6,444 people Friday, including an ex-liberal lawmaker, evictees involved in the deadly Yongsan disaster and migrant workers, which the presidential office said aims to help ordinary people without money or power and foster unity. In a reversal of tradition, ...
The bold and flamboyant Son was one of the first personalities from the business world to meet another unconventional tycoon--Donald Trump--last year after his election victory. Son pledged to invest $50 billion in the US economy and create 50,000 jobs and Trump's off-the-cuff announcement of this ...
A Mediterranean style-home in San Francisco owned by Luke "Lucky Luke" Brugnara, a real estate mogul currently imprisoned for art fraud, sold last week for $18.8 million, according to listing records. Located in the city's sea Cliff neighborhood, known for its large houses and ocean views, the property first ...
Mahesh Savani, a real estate tycoon, hosted a mass wedding ceremony in Surat for more than 250 couples on Christmas Eve. There were Hindu couples as well five Muslim and a Christian couple. Two of the brides were HIV positive. The ceremony saw scores of brides dressed in colourful clothes ready to ...
Beijing, Dec. 28 (Xinhua) -- China's Supreme People's Court (SPC) Thursday announced a retrial in the criminal cases of Gu Chujun and Zhang Wenzhong, respectively former chairmen of an electrical appliances maker and a retailer. The top court announced the retrial in three "major property ...
Once asked on twitter about his receding hairline, Masayoshi Son, founder of Japanese telecoms giant SoftBank, retorted: "My hair is not receding. I'm advancing." It was a typically bullish remark from the 60-year-old tycoon, listed by Forbes as Japan's richest man with an estimated fortune of $22.2 billion, ...
A mysterious bitcoin tycoon with the alias PineappleFund made a million-dollar donation to the digital library nonprofit Internet Archive. The donor, whose true identity is unknown, pledged in a Reddit post to give $86 million in bitcoin to nonprofits, in a round of donations called The Pineapple Fund.
Young tycoon Edgar Saavedra has beefed up his stake in construction, engineering and infrastructure group Megawide Construction Corp. to 45.5 percent by buying the second block of shares divested by founding partner Michael Cosiquien for around P6.76 billion. On Friday, 377.75 million Megawide ...
Young tycoon Edgar Saavedra has beefed up his stake in construction, engineering and infrastructure group Megawide Construction Corp. to 45.5 percent by buying the second block of shares divested by founding partner Michael Cosiquien for around P6.76 billion. On Friday, 377.75 million Megawide ...
Indonesia's most powerful companies and tycoons are lining up big domestic bets under President Joko Widodo -- a clear sign that doing business has become easier. Many of these groups have their hands in a variety of industries, like Lippo, which in addition to malls and hospitals runs TV networks and ...
Laurent Levy has bought 25 acres zoned for construction of 800-1,000 hotel rooms by the sea of Galilee. French-Jewish businessperson Laurent Levy recent bought several lots totaling 100 dunam (25 acres) on the Migdal shore of Lake Kinneret (sea of Galilee). There is already an approved plan for ...
Local media in Mondulkiri province have accused established businessmen of being involved with logging in Phnom Prich Wildlife Sanctuary. Online newspaper Nokor Dragon said illegal logging became rampant in the national reserve, and claimed local tycoons Oeng Bunchin, San Choy, and Srieng ...
More than 360 care homes will fall into the hands of a secretive American hedge-fund boss who specialises in snapping up struggling businesses. tycoon Spencer Haber has over the last two years bought up debt from the struggling Four Seasons care home chain, which is home to 17,000 vulnerable and ...
On the sell side was Kola Aluko, a Nigerian oil tycoon accused by the U.S. of paying bribes to Nigeria's former Minister for petroleum Resources, Diezani Alison-Madueke, who oversaw Nigeria's state-owned oil company. According to a Department of Justice statement, the proceeds of "illicitly awarded ...
A tycoon with ties to Labour was yesterday accused of demanding a £2 million bribe from property developers seeking to build a skyscraper. The businessman claimed he was acting on behalf of Labour politicians who could guarantee planning permission for the proposed £500 million development in ...
Not content with RollerCoaster tycoon, [Matt] decided to build an accurate and working model of Invertigo, a boomerang coaster at King's Park, the coaster nirvana in Cincinnati, Ohio. Covering a sheet of plywood and standing about 3′ tall, [Matt]'s model recreates the original in painstaking detail, from the ...


 

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