ex-billionaires

Former Refco CEO gets 16 years in prison

July 4, 2008 10:47 am

Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed ... Read more »

Robert Vesco

June 6, 2008 6:45 pm

How much Robert Vesco stole no one knew for certain. America’s Securities and Exchange Commission (SEC) was after him for more than $224m, or more than $1 billion in today’s ... Read more »

Bear Stearns Chairman Cayne Sells His Entire Stake

March 27, 2008 10:34 pm

 James “Jimmy” Cayne, chairman of Bear Stearns Cos., sold his shares in the crippled securities firm for $61 million prior to a vote on the company’s pending takeover by JPMorgan ... Read more »

When Recession Fears Abound, it May be Best time to Start a New Business

March 19, 2008 9:44 pm

But for Bill Bartmann, a serial entrepreneur who has had his fair share of scandal, nothing could be further from the truth. Sure there are risks to starting a new ... Read more »

Bear’s Schwartz Fought Failure as Cayne Played Bridge

March 18, 2008 12:49 pm

Alan Schwartz wasn’t supposed to be running Bear Stearns Cos., and now he is presiding over the 85- year-old securities firm’s sale.As far back as 1999 analysts predicted the top ... Read more »

Khodorkovsky still defiant

February 7, 2008 7:48 pm

Mikhail Khodorkovsky, the jailed Russian oligarch, voiced doubts on Wednesday that Dmitry Medvedev, Russia’s likely next president, would be able to undo damage to the rule of law inflicted during ... Read more »

Former Yukos Billionaire On Hunger Strike

January 31, 2008 7:00 pm

The cause of prisoners under Russia’s justice system has a new and perhaps unlikely champion. Mikhail Khodorkovsky, the former Yukos oil billionaire is going on a hunger strike to protest ... Read more »

Comeback of Leo Kirch

October 11, 2007 9:42 pm

When Leo Kirch’s media group was at the height of its troubles at the start of the decade, the German mogul told an interviewer a joke about a man who ... Read more »

Have you ever wondered what it takes to become a self-made bilionaire?

August 10, 2007 1:26 pm

  ex - billionaire Bill Bartmann teaches you how in his new teleseminar Here are some stats about Bill: Poverty & welfare to being the 25th wealthiest person ... Read more »

How To Lose A Billion Bill Bartmann amassed a huge personal fortune building a wildly profitable company. Too bad it was all on paper.

June 14, 2007 10:11 pm

here is the great article from 1999 about Bill Bartmans spectacular demise ————– Only a year ago Bill Bartmann was one of the richest people in America, 80% owner of an ... Read more »

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