April, 2008

Pickens Says Oil Prices May Rise to $150 by Year End

Filed under T. Boone Pickens - BP Capital, Predictions
April 29, 2008 6:03 pm

It can’t be easy to interview T. Boone Pickens. A self-made billionaire (though he admits he didn’t make his first billion till he was 70 years old), Pickens is sharp, ... Read more »

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GRIFFIN SPLITS FROM MARRIED BILLIONAIRE

Filed under Romance, Steve Wozniak - Apple
5:51 pm

Comedienne KATHY GRIFFIN has confirmed she and billionaire Apple co-founder STEVE WOZNIAK have split - after he reportedly got married at the weekend (26Apr08). Griffin admits the odd couple broke ... Read more »

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Broad Says Home Prices May Drop Another 20%

Filed under Eli Broad, Predictions
April 28, 2008 8:34 pm

Eli Broad, a philanthropist and co- founder of KB Home, the fifth-largest U.S. homebuilder by revenue, said he expects home prices to drop another 20 percent.“I don’t think we’re anywhere ... Read more »

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Meet Britain’s 25th richest man: the lawnmower-collector and reclusive figure behind our latest fuel crisis

Filed under Profiles, Jim Ratcliffe
April 27, 2008 7:06 pm

  The man at the centre of Britain’s fuel crisis is a reclusive billionaire known as “Dr No”. Jim Ratcliffe, 55, earned the Bond villain nickname from union chiefs at ... Read more »

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Former Miss UK lands a billionaire life and enters Rich List in sixth

Filed under Ernesto Bertarelli
7:02 pm

  She was once a beauty queen but now she can afford all the tiaras she could ever want. Britain’s wealthiest woman in this year’s Rich List is a former ... Read more »

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Billionaire jeweler and son convicted of fraud in Hong Kong

Filed under Investigations & Law, Tse Sui-luen
6:59 pm

Hong Kong’s billionaire Tse Sui-luen, founder of the listed Tse Sui Luen Jewelry (TSL), and his son Tommy Tse have been put behind the bars after a court found them ... Read more »

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Indian billionaire tops British rich list

Filed under Lists and Statistics
6:57 pm

The collective wealth of Britain’s 1,000 richest people went up by nearly 15 percent last year, and more than half the country’s 75 billionaires are foreign-born, according to a list ... Read more »

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Abramovich Plans World’s Priciest Home

Filed under Estates, Roman Abramovich
5:52 pm

It is a mansion fit for a king - or even a tsar.Not content with the dozens of houses he already owns around the world, Russian oligarch Roman Abramovich has ... Read more »

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Kerry Packer’s son denies Heather Mills was Australian billionaire’s hooker

Filed under Romance, James Packer
April 25, 2008 7:06 pm

Kerry Packer’s son has defended him against allegations of a liaison with Heather Mills.James Packer, who took over his late billionaire father’s media and gambling empire after his death in ... Read more »

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Rusal takes a step closer to Norilsk fusion

Filed under Oleg Deripaska - Basic element, Deals, Mikhail Prokhorov - Onexim Group, Vladimir Potanin - Norilsk Nickel
6:51 pm

Oleg Deripaska, owner of Russian aluminium producer United Company Rusal, yesterday passed a milestone on the road to building a Russian national champion in the mining and metals industry with ... Read more »

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Deripaska Deploys Russian Metals With Bolshoi-Like Pirouette

Filed under Profiles, Oleg Deripaska - Basic element
April 24, 2008 9:51 am

A lunch table laid out with platters of blini, beets and caviar and a bottle of 2001 Montrachet awaits Oleg Deripaska and his guests in a dining room at his ... Read more »

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Soros Says Commodity `Bubble’ Still in `Growth Phase’

Filed under George Soros - Soros Fund Management, Predictions
April 18, 2008 6:41 pm

Billionaire George Soros said the boom in commodities is still in a “growth phase” after prices for oil, wheat and gold rose to records.“You have a generalized commodity bubble due ... Read more »

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Vekselberg increases stake in Oerlikon to 24%

Filed under Viktor Vekselberg
April 7, 2008 8:07 pm

Viktor Vekselberg, one of Russia’s richest entrepreneurs, has gained influence over a second Swiss industrial company after he raised his stake in the Oerlikon high technology group to more than ... Read more »

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UC Rusal runs into problems on Norilsk stake

Filed under Deals, Mikhail Prokhorov - Onexim Group, Vladimir Potanin - Norilsk Nickel
8:04 pm

United Company Rusal is running into problems finalising its purchase of a 25 per cent stake in Norilsk Nickel, the world’s biggest nickel miner, from Mikhail Prokhorov, the Russian billionaire, ... Read more »

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Motorola settles proxy battle with billionaire

Filed under Carl Icahn
8:01 pm

Motorola Inc. settled its proxy battle with Carl Icahn on Monday, agreeing to back two of the billionaire investor’s nominees for its board of directors in exchange for him dropping ... Read more »

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Oracle’s Ellison Wins Tax Cut on Home, Upsets Schools, Parents

Filed under Larry Ellison - Oracle, Evgeny Lebedev
April 5, 2008 12:29 pm

Larry Ellison, the billionaire head of Oracle Corp., spent at least $200 million to build a house on his 23-acre Silicon Valley estate south of San Francisco.When San Mateo County ... Read more »

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How one RRSP became a gold mine

Filed under Philanthrophy, Seymor Schulich
12:27 pm

Billionaire philanthropist Seymour Schulich, known best for his love of gold and huge donations to universities, has become a national treasure. So, it would seem, has his RRSP: It is ... Read more »

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Bill Clinton Earned $15.4 Million From Burkle Firm Since 2003

Filed under Politics, Ron Burkle
12:23 pm

Former President Bill Clinton has earned $15.4 million from billionaire Ron Burkle’s Yucaipa Cos. investment firm since 2003, according to tax documents released by his wife, presidential candidate Hillary Clinton.  ... Read more »

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Soros Lambastes Market Theory, Says It Created `Super-Bubble’

Filed under Hedge funds, George Soros - Soros Fund Management, Predictions
12:21 pm

For 20 years, George Soros has challenged the theory that markets, however choppy, always move toward equilibrium. Now a meltdown has handed him rich evidence that the hypothesis isn’t just ... Read more »

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SEINFELD’S CAR FLIPS

Filed under Accidents & deaths, Jerry Seinfeld
April 3, 2008 8:53 pm

Funnyman Jerry Seinfeld cheated death in the Hamptons when the brakes on his vintage Fiat failed and the car flipped over, police said yesterday. Miraculously, the comic walked away “without ... Read more »

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Police may investigate publisher’s ‘murder’ confession

Filed under Investigations & Law, Felix Dennis
8:48 pm

Police are considering whether they should interview a billionaire publisher after he apparently told a Times journalist that he had killed a man. During an interview with Ginny Dougary, Felix ... Read more »

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George Soros publishes a book about 2008 credit crisis

Filed under George Soros - Soros Fund Management, Books written by billionaires
7:38 am

 titeled “The New Paradigm for Financial Markets” (Public Affairs, 2008). Released today online, the book explains the causes of the current meltdown, a crisis he says has been in the ... Read more »

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Soros on Credit Crisis

Filed under George Soros - Soros Fund Management, Predictions
April 2, 2008 7:24 pm

Billionaire investor George Soros discusses the credit crisis with CNBC’s Maria Bartiromo watch it here: http://www.cnbc.com/id/15840232?video=700385842

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Tata digests rich diet of English takeaways

Filed under Ratan Tata - Tata Group
7:20 pm

Ratan Tata, chairman of India’s Tata conglomerate, might not have had any cheerleaders in the room when his company quietly signed a deal with Ford last week to buy the ... Read more »

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Russia: The World’s Richest Government

Filed under Lists and Statistics, Politics
April 1, 2008 5:10 pm

Russia had the second-highest number of billionaires in the world this year, but when it comes to wealth in government, the former Soviet Union is clearly No. 1. Twelve billionaires ... Read more »

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George Soros warns ’superboom’ is over

Filed under George Soros - Soros Fund Management, Predictions
5:07 pm

The world economy is at the end of a “super-boom” in asset prices and debt which has lasted since the end of the Second World War, billionaire investor George Soros ... Read more »

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