February, 2008

Sold at £80m: London’s priciest home

February 29, 2008 11:35 pm

A record price for a London home has been set with the £80m sale of a large detached house in Kensington. It smashes the previous high of £67m for ... Read more »

Tycoon sells up to escape Barratt homes

8:45 pm

  Not everyone wants to live next door to a new Barratt home - and it seems billionaire Lakshmi Mittal is among them. As the housebuilder prepares to launch the ... Read more »

Rinat Akhmetov is the richest person of Ukraine by version of Focus magazine

8:25 pm

According to the version of Focus magazine, Rinat Akhmetov heads the rating of the richest people of Ukraine with a fortune at 14.62 billion dollars.       Chief editor of Focus ... Read more »

Assured Guaranty Gets Capital From Wilbur Ross

2:13 pm

Assured Guaranty Ltd., one of two bond insurers whose AAA credit ratings aren’t in jeopardy, said billionaire investor Wilbur Ross will invest as much as $1 billion in shares to ... Read more »

Perelman Gives From Heart

February 28, 2008 10:51 pm

In an exclusive interview, billionaire financier Ron Perelman discusses his $ 50 million gift to the medical community today, with CNBC’s Sue Herera. watch the video published by CNBC here: http://www.cnbc.com/id/15840232?video=667549834

Bloomberg:” I’m Not Running for President, but … “

9:54 pm

Bringing an end to a long flirtation with a bid for the White House, Mayor Michael R. Bloomberg has officially closed the door on a presidential candidacy this year. In ... Read more »

Norilsk/Rusal

8:45 pm

Even by Russian standards, this tussle has it all. Feuding oligarchs; national politics; and a fight to control what would be one of the mining industry’s biggest companies, conducted within ... Read more »

Cosmetics mogul donates $50 million to New York hospital

7:00 pm

Revlon Inc. cosmetics magnate Ronald O. Perelman has donated $50 million to enhance heart care and reproductive medicine research at a Manhattan hospital and affiliated medical college.The gift to NewYork-Presbyterian ... Read more »

Regaining the “soul of the past”

5:39 pm

At Starbucks stores across the country on Tuesday night, it was time for the corporate version of re-education camp. In its campaign to revive the intimate, friendly feel of a ... Read more »

Ahoy, Billionaires: The Royal Navy Is at Your Service

Filed under Playthings
4:21 pm

In 1805, British Vice Admiral Horatio Nelson set sail from this seaside town to engage Napoleon Bonaparte’s fleet off the Spanish coast. The Englishman’s victory at Cape Trafalgar established Britannia ... Read more »

Ousted Thai Premier Returns to Face Charges

2:48 pm

Saying “I miss my motherland,” former Prime Minister Thaksin Shinawatra returned to Thailand on Thursday, 17 months after being ousted in a coup, and said he was ready to face ... Read more »

Bill Gates checks into LinkedIn

2:44 pm

Microsoft Corp.’s big bet on Facebook’s online social network isn’t stopping Chairman Bill Gates from promoting other popular Internet hangouts. Gates is helping out LinkedIn Corp.’s online professional network by ... Read more »

James Simons Donates $60M To SUNY for Physics Center

2:38 pm

A  billionaire hedge fund manager and his wife are donating $60 million to the State University of New York at Stony Brook to fund a center for the study of ... Read more »

`Like Eli Manning’

2:31 pm

Sears Holdings Corp., the retailer controlled by investor Edward Lampert, reported fourth-quarter profit that plunged more than analysts projected after appliance and clothing sales declined Lampert began a letter to ... Read more »

Safer Stem Cells?

February 27, 2008 9:17 pm

A small California biotech company backed by billionaire John Tu claims to have created stem cells without destroying human embryos or introducing cancer-causing genes, in what could be a major ... Read more »

Televangelist Kenneth Copeland claims to be a billionaire

Filed under Fakes, Kenneth Copeland
9:11 pm

David Murdock: ‘Failure is a great teacher’

4:23 pm

From humble beginnings cleaning chicken coops and sleeping in a park to a billionaire four times over, David H. Murdock shared secrets of his success with students at the University ... Read more »

Zell Sees Start of Housing Recovery in the Spring

Filed under Sam Zell, Predictions
2:35 pm

The US economy will avoid recession as the housing market begins to recover this spring, according to billionaire investor Sam Zell.  Speaking on “Squawk Box” this morning, Zell attributed much ... Read more »

Tycoon’s twins move into the family’s business

8:43 am

  Billionaire Norwegian shipowner and businessman John Fredriksen has placed one of his twin daughters on the board of his major stocklisted tanker firm Frontline Ltd. Kathrine Fredriksen, age 24, ... Read more »

Och-Ziff Rises Most Since IPO After Profit Beats Estimates

February 26, 2008 6:53 pm

Och-Ziff Capital Management Group LLC, the hedge-fund firm run by Daniel Och, rose the most since going public in November after reporting fourth-quarter earnings that exceeded analysts’ estimates.Distributable earnings, a ... Read more »

Hundreds file past Georgian billionaire’s coffin

6:42 pm

Hundreds of Georgians filed past the flower-strewn coffin of flamboyant billionaire Badri Patarkatsishvili on Tuesday at his eccentric Soviet-era residence overlooking the capital Tbilisi. His residence is a bizarre Soviet ... Read more »

Miriam Adelson in rare TV interview

4:58 pm

She is Miriam Adelson, the wife of Sheldon Adelson. The billionaire couple owns some of the most lavish hotels in the world and on the Las Vegas Strip. watch it here on ABC: http://www.ktnv.com/Global/story.asp?S=7919108

Family to split tycoon’s estate

10:50 am

The estate of Georgian billionaire Badri Patarkatsishvili will be split in half between his wife and other family members, a spokesman has said. “Despite the ongoing investigation into the ... Read more »

BEZOS BOOKS $135M PAYDAY

10:47 am

 For the longest time, Jeff Bezos has been the lowest paid billionaire around - just $81,840 a year - so it was surprising he suddenly took a $135.4 million ... Read more »

EPSTEIN SEX SUIT DROPPED

10:45 am

Brooklyn-born billionaire Jeffrey Epstein can forget about a $50 million sex-abuse lawsuit against him - for now.Lawyers for “Jane Doe” - the Florida teen who says Epstein sexually abused her ... Read more »

Faberge Fan Ivanov Reveals Why He Paid $17.7 Million for an Egg

10:39 am

Alexander Ivanov has written himself into auction history as the man who spent $17.7 million on an egg. When the hammer came down for a record price on the gold ... Read more »

Barack Obama embarrassed by billionaire link to home deal

Filed under Politics, Nadhmi Auchi
February 25, 2008 8:21 pm

A British-Iraqi billionaire lent millions of dollars to Barack Obama’s fundraiser just weeks before an imprudent land deal that has returned to haunt the presidential contender, an investigation by The ... Read more »

Ballmer predicts rise of the datacentre

8:14 pm

A handful of US companies is set to dominate the emerging market for “cloud computing”, which will assume a central role in the information technology world, according to Steve Ballmer, ... Read more »

“Thank God for Anil Ambani”

3:39 pm

public never learns anything.  the ultimate fools ——————  Mysterious text messages have begun circulating in Mumbai praising Anil Ambani, the Indian businessman. The messages, saying “Thank God for Anil Ambani” ... Read more »

Billionaire Turns Attention To Torah’s Commandments

3:09 pm

The latest project of an Upper East Side billionaire famous for his colossal Hamptons mansion is a 20-volume encyclopedia of all 613 commandments in Judaism. The “Encyclopedia of the Taryag ... Read more »

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