Warren Buffett Explains His $5B Goldman Investment
Warren Buffett was interviewed live by telephone on CNBC’s Squawk Box this morning about his surprise investment of at least $5 billion in Goldman Sachs BECKY: Does the backdrop of ... Read more »
Beauty and the Billionaire: Murder Suspect Speaks Out
This week, Mustafa released an emotional letter from his prison cell to state-owned newspaper Akhbar el Youm. In it he declared his innocence and denounced his accusers. “How could I ... Read more »
Paranoid’ Mall Baron Lowy Anticipated Slump, Now Fights Taxman
Billionaire Frank Lowy, Holocaust survivor, one-time Israeli commando and now the world’s biggest shopping mall landlord, raises his hand to his forehead to indicate a shrapnel scar hidden beneath a ... Read more »
‘Fat Man’ wins legal battle over £2m gambling debt
A billionaire gambler today won a legal bid to avoid paying a £2 million debt to a London casino. Fouad al-Zayat, who is known in gambling circles as the “Fat ... Read more »
Egyptian billionaire arrested in Lebanese diva’s slaying
A real estate billionaire and member of the Egyptian parliament was arrested Tuesday in the slaying of a troubled Lebanese diva in a tale that has fascinated the Arab ... Read more »
Thai Prosecutors Charge Thaksin, May Seize $2 Billion
Thai prosecutors charged former Prime Minister Thaksin Shinawatra with abusing his power, seeking to confiscate $2.2 billion of assets that were frozen after a 2006 coup.“The court should seize Thaksin’s ... Read more »
Ex-Thai PM Thaksin skips bail and flees to UK
Thaksin Shinawatra, Thailand’s ousted former prime minister, has jumped bail and fled into exile in Britain rather than face trial at home on corruption charges. His decision probably marks the ... Read more »
Financier Ronald Perelman to pay $80-million settlement in Marvel su
Billionaire financier Ronald Perelman agreed to pay $80 million to settle a lawsuit in which he was accused of helping to divert $553.5 million in notes when he controlled comic ... Read more »
Billionaire’s son wanted over sex murder
The son of a Middle Eastern billionaire was today named as one of Britain’s most wanted men over the sex murder of a Norwegian student. The body of Martine ... Read more »
Billionaire’s drugs let off
Hans Kristian Rausing, 45, and his wife Eva, 44, were arrested in April after Mrs Rausing tried to smuggle small amounts of crack cocaine and heroin into a reception at ... Read more »
Let off for multi-billionaire Tetra Pak heir and wife who smuggled crack cocaine and heroin into US Embassy
A fabulously wealthy couple caught with a huge haul of cocaine, crack, and heroin are to escape without being prosecuted, a court heard yesterday. Hans Rausing, 45, an heir to ... Read more »
Mechel Declines Comment After Putin Rebuke Sends Stock Plunging
OAO Mechel, Russian billionaire Igor Zyuzin’s coal and steel producer, declined to comment on a rebuke by Prime Minister Vladimir Putin that wiped $6 billion off the company’s market value. ... Read more »
PERELMAN SUES EX’S KIN IN ‘$100M GRA
Billionaire Ron Perelman is suing the family of his late ex-wife, charging they’ve cheated her estate and their daughter out of tens of millions of dollars. In papers filed in ... Read more »
Brazilian police search house of mining billionaire
Brazilian Federal Police searched the home and offices of the country’s mining billionaire Eike Batista on Friday for evidence of suspected fraud and tax evasion. In an operation code-named Midas ... Read more »
Victims object to Palm Beach billionaire’s plea deal in underage sex case
Two underage girls who claim to have been sexually abused by Palm Beach billionaire Jeffrey Epstein appeared in federal court Friday to argue that the government’s plea agreement with the ... Read more »
Ruling opens can of worms for Deripaska
When Mr Justice Christopher Clarke heard opening arguments in April for Michael Cherney’s case to bring his $4bn claim for a 20 per cent stake in Oleg Deripaska’s Rusal to ... Read more »
Former Refco CEO gets 16 years in prison
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 »
Khodorkovsky Faces 20 Years in Jail on New Charges
Russian prosecutors have filed new charges against Mikhail Khodorkovsky that his lawyer said may add 20 years to the jailed former OAO Yukos Oil Co. billionaire’s sentence.Khodorkovsky, who is due ... Read more »
Jail For Billionaire In Sex Case
Billionaire investor Jeffrey Epstein today pleaded guilty to hiring underage girls for erotic massages and sex and will spend 18 months in a Florida county jail on the felony convictions. ... Read more »
Broadcom Co-Founder Pleads Not Guilty
Henry T. Nicholas III, the co-founder of the chip maker Broadcom pleaded not guilty on Monday to federal drug and securities fraud charges.The 48-year-old billionaire entered the pleas to 21 ... Read more »
Billionaire ‘partied with strippers at his private cocaine warehouse’
One of America’s most powerful businessmen has been indicted on multiple counts of using prostitutes, drug abuse and massive financial fraud, in the latest boardroom scandal to hit the US ... Read more »
Broadcom ex-CEO indicted over drugs, options
The playboy former chief executive of Broadcom Corp took cocaine and spiked customers’ drinks with ecstasy as he directed a stock-options backdating conspiracy which cost the company $2.2 billion, indictments ... Read more »
Billionaire Linked to UBS Tax Probe Hid Money in Offshore Banks
Real estate billionaire Igor Olenicoff used several offshore banks to hide money from U.S. tax authorities, according to his guilty plea and court records linking him to an indicted former ... Read more »
Abramovich wins skirmish in battle of billionaires
Russian billionaire Roman Abramovich won the first round of his legal battle Thursday against a $4.3 billion lawsuit from fellow oligarch Boris Berezovsky. A judge in London ruled that Berezovsky ... Read more »
Hand your son over, murdered girl’s father begs Arab billionaire
The father of the beautiful Norwegian student murdered in London has made an impassioned plea to the man wanted in connection with her killing to give himself up.Farouk Abdulhak, the ... Read more »
Billionaire jeweler and son convicted of fraud in Hong Kong
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 »
Police may investigate publisher’s ‘murder’ confession
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 »
Barry Diller Can’t Be Ousted From IAC Board by John Malone
IAC/InterActiveCorp Chairman Barry Diller and six directors can’t be ousted by Liberty Media Corp. Chairman John Malone, a judge ruled, thwarting billionaire Malone’s effort to gain control of the Internet ... Read more »
Tracked down: The playboy ex-boyfriend of Martine who vanished after she was found murdered
The Arab playboy who fled to Yemen after his ex-girlfriend was murdered in London has come out of hiding to hire a lawyer, it emerged last night. Farooq Abdulhak’s ... Read more »
I’ll disown my son if he is killer, says Yemeni billionaire
An Arab billionaire indicated yesterday that he would disown his son if there were evidence that he had been responsible for the death of the Norwegian socialite Martine Vik Magnussen. ... Read more »
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- Stan Kroenke - Kroenke Group
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