Projects

Mexican billionaire, Bangladeshi Nobel Prize winner to offer microcredits to Mexico’s poor

Filed under Projects, Carlos Slim Helu - Americas Movil
September 30, 2008 7:01 pm

Mexican billionaire Carlos Slim and Bangladeshi Nobel Prize winner Muhammad Yunus are joining forces to offer credit to poor people in Mexico.Slim and Yunus are creating Grameen-Carso, a lending institution ... Read more »

Comments

Valley billionaire launches rocket into orbit

Filed under Projects, Elon Musk
September 29, 2008 7:56 pm

On its fourth attempt to reach orbit, the Falcon 1 rocket launched by Space Exploration Technologies Corp., the company founded by PayPal founder and Tesla Motors chairman Elon Musk, reached ... Read more »

Comments

Flowers Raising $2.5 Billion to Buy Financial Assets

Filed under Projects, J.C. Flowers
September 28, 2008 7:14 pm

J.C. Flowers & Co. has raised $2.5 billion from investors for a buyout fund that will target banks and other financial firms crippled by the global credit contraction, two people ... Read more »

Comments

Abramovich’s girlfriend opens major Moscow art gallery

Filed under Roman Abramovich, Projects
September 16, 2008 9:21 pm

The celebrity girlfriend of Russian billionaire Roman Abramovich on Tuesday opened a major new Moscow art gallery billed as Russia’s answer to London’s Tate Modern and New York’s MoMA.  cavernous ... Read more »

Comments

Arab billionaire pledges £540million for Manchester City players

Filed under Projects, Suleiman al-Fahim
September 3, 2008 8:52 pm

The man behind yesterday’s sensational takeover of Manchester City has given manager Mark Hughes just three years to win the Champions League. But billionaire Dr Sulaiman al-Fahim - frontman for ... Read more »

Comments

Pickens, Gore Sidestep Differences in Alternative-Energy Quest

Filed under T. Boone Pickens - BP Capital, Politics, Projects
August 4, 2008 7:00 pm

The most unlikely alliance in this election year hasn’t come out of any political campaign. It’s in the convergence of interests between billionaire oilman and Republican Party backer T. Boone ... Read more »

Comments

Renewables attract Anschutz

Filed under Philip Anschutz - Anschutz Company, Projects
July 30, 2008 7:41 pm

Denver billionaire investor Philip Anschutz is plugging into the red-hot renewable-energy field, announcing plans to develop multibillion-dollar wind-farm and transmission-line projects. The Anschutz Corp. said Tuesday it has acquired the ... Read more »

Comments

Buy-out fund reflects take-off in Africa

Filed under Projects, Alwaleed bin Talal - Kingdom Holding
July 1, 2008 3:41 pm

The rapid growth of private equity in Africa will be underlined on Tuesday as Kingdom Zephyr announces it has raised $325m for its latest pan-African buy-out fund with backing from ... Read more »

Comments

Excited Agarwal looks set to prove his mettle

Filed under Projects, Anil Agarwal - Vedanta Resources
June 10, 2008 6:25 pm

India is always quick to celebrate the emergence of a national corporate champion - even if that person left the country years ago to make his fortune. Lakshmi Mittal, the ... Read more »

Comments

Billionaire Boyko’s Gaming Halls, Stores to Raise $1.5 Billion

Filed under Projects, Oleg Boyko - Ritzio Entertainment
May 6, 2008 10:17 am

Oleg Boyko, the Russian billionaire who controls eastern Europe’s largest gaming company, said his businesses plan to raise $1.5 billion this year to fund expansion in gambling, retail and real ... Read more »

Comments

Musk Makes Rockets for Stars as Tesla Taunts Ferrari on Earth

Filed under Profiles, Projects, Elon Musk
May 3, 2008 10:38 pm

Elon Musk, co-founder of payment giant PayPal Inc., was flying back empty handed from Moscow for a third time in November 2001, when the idea for his new company hit ... Read more »

Comments

Abramovich’s Passage To America

Filed under Roman Abramovich, Projects
March 29, 2008 10:49 am

Could Roman Abramovich, the billionaire owner of Chelsea soccer club be setting his sights on improving U.S.-Russian relations? The driven Russian businessman, credited with turning around the fortunes of the ... Read more »

Comments

Pinault forms Vietnam fund

Filed under Projects, Francois Pinault - Pinault Printemps Redoute
March 3, 2008 1:48 pm

Artemis, the holding company of French billionaire Francois-Henri Pinault’s family, said it had set up a new fund to invest in Vietnam, whose growing economy has attracted many overseas investors.Artemis ... Read more »

Comments

Safer Stem Cells?

Filed under Projects, John Tu - Kingston Technology
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 »

Comments

Virgin Atlantic flies biofuel jet

Filed under Projects, Richard Branson - Virgin
February 24, 2008 6:21 pm

Virgin Atlantic carried out the world’s first flight of a commercial aircraft powered with biofuel on Sunday in an effort to show it can produce less carbon dioxide than normal ... Read more »

Comments

Kingdom set to approve Mile High tower in Jeddah

Filed under Projects, Alwaleed bin Talal - Kingdom Holding
February 23, 2008 6:42 pm

Alwaleed’s Kingdom Holding Co. will soon invite bids by contractors to build a mile-tall mega-skyscraper in Jeddah, Saudi Arabia, taller than four Empire State Buildings stacked upon each other. Kingdom ... Read more »

Comments

Virgin Galactic orders more spaceships

Filed under Projects, Richard Branson - Virgin
February 21, 2008 8:01 pm

Virgin Galactic, the space travel venture of billionaire Richard Branson’s, is ordering five more spaceships and aims to turn a profit in five years after its commercial launch in 2010.Prospective ... Read more »

Comments

French Billionaire sells out of Mittal to fund a bank in Poland

Filed under Projects, Lakshmi Mittal - Mittal Steel, Romain Zaleski
February 20, 2008 9:28 pm

For French billionaire Romain Zaleski, one of the key shareholders in global steel behemoth ArcelorMittal, making $1.8 billion is all in a day’s work. Zaleski’s Italian holding company, Carlo Tassara, ... Read more »

Comments

Al-Alamein Battlefield Becomes Egypt Billionaire’s Resort Site

Filed under Projects, Ibrahim Kamel
February 18, 2008 11:19 am

Egyptian billionaire Ibrahim Kamel plans to build a $500 million seaside resort near the World War II battlefield of Al-Alamein that will compete with Red Sea vacation sites in Egypt.Kamel’s ... Read more »

Comments

Billionaire offers to set up climate change ‘war room’

Filed under Projects, Richard Branson - Virgin
February 12, 2008 11:53 am

Virgin chief executive officer Richard Branson offered yesterday to set up an “environmental war room” to lead the world’s efforts to find a fix for global warming. Branson, speaking at ... Read more »

Comments

Peltz Bites Into Mystery Flavor

Filed under Projects, Nelson Peltz - Trian Fund
February 9, 2008 9:30 am

Nelson Peltz is looking to take a bite out of a new company, though what he’s hungering for has yet to be decided. Billionaire Peltz’s latest venture comes in the ... Read more »

Comments

Sports Direct invests £20m in Chinese venture

Filed under Projects, Mike Ashley - Sports Direct
February 6, 2008 1:03 pm

Discount sportswear chain Sports Direct, run by the billionaire Mike Ashley, is pouring £20m into selling its wares in the booming Chinese market. The owner of several sports brands and ... Read more »

Comments

Virgin fund invests in U.S. driver safety start-up

Filed under Projects, Richard Branson - Virgin
January 31, 2008 8:28 pm

British billionaire Richard Branson’s Virgin Group [VA.UL] led a $14.5 million investment round in a start-up that helps people drive more safely and reduce fuel usage. GreenRoad Technologies, a five-year-old company ... Read more »

Comments

Billionaire Branson Plans to Enter Russian Air Market

Filed under Projects, Richard Branson - Virgin
4:45 pm

U.K. billionaire Richard Branson said he plans to compete in Russia’s air travel market to offer “better” services for consumers, and may name a local partner in three months to ... Read more »

Comments

Branson Unveils Civilian Spaceship

Filed under Projects, Richard Branson - Virgin
January 24, 2008 5:40 pm

  Within a few years, a handful of rich tourists may be blasting into space in a craft that looks a little like a cross between the space shuttle and ... Read more »

Comments

French billionaire joins charge on car batteries

Filed under Projects, Vincent Bollore
5:38 pm

Billionaire corporate raider turned ecology activist Vincent Bollore on Thursday opened a factory to produce batteries for electric cars that could be flooding cities from Tokyo to Turin.The factory, on ... Read more »

Comments

Trump’s man on scouting mission

Filed under Projects, Donald Trump
10:23 am

American billionaire Donald Trump is sending his top advisor to Northern Ireland to look at potential sites for his dream golf course. Trump’s managing director for international development, George ... Read more »

Comments

Branson lobbies for domestic Indian airline

Filed under Projects, Richard Branson - Virgin
January 22, 2008 2:25 pm

Sir Richard Branson yesterday said he was renewing a push for government permission to set up a domestic carrier in India to tap into one of the world’s fastest growing ... Read more »

Comments

Branson Plans to Set Up Clean-Energy Company in China

Filed under Projects, Richard Branson - Virgin
January 18, 2008 11:20 am

Richard Branson plans to establish a company in China to help the world’s biggest emitter of climate-altering gases develop clean energy and cut emissions.“We plan to invest quite heavily in ... Read more »

Comments

Tata unveils “People’s Car” which will sell for just $2,600

Filed under Projects, Ratan Tata - Tata Group
January 9, 2008 9:03 pm

Ratan Tata, chairman of India’s sprawling Tata Group, will tomorrow pull the covers off a car that is dividing his country. The “People’s Car”, expected to sell for as little ... Read more »

Comments
Older Posts »