Tuesday, 23 October 2018

Tag Archives: billionaire

Shahid Khan withdraws offer to buy Wembley

LONDON: Fulham owner Shahid Khan has withdrawn his offer to buy London’s Wembley Stadium, England’s governing Football Association announced. The FA, Wembley’s current owners, had come under fire from many within English football for their plans to sell Wembley despite Khan offering to buy the stadium for £600 million. “Shahid ...

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Africa’s youngest billionaire kidnapped by gunmen in Tanzania

NAIROBI: Africa’s youngest billionaire was kidnapped by gunmen from a gymnasium in Tanzania’s economic capital Dar es Salaam, officials said. Mohammed Dewji, 43, who heads the MeTL Group which operates in about 10 countries with interests in agriculture to insurance, transport, logistics and the food industry, was snatched as he ...

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Johnny Depp to play cryptocurrency billionaire

LOS ANGELES: Johnny Depp is reportedly being eyed for the starring role in an upcoming biopic about the late cryptocurrency billionaire Matthew Mellon. The 55-year-old icon is said to be keen on playing the American businessman, who died aged 54 while attending a rehabilitation centre in Mexico, where he’d been ...

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Kylie Jenner to be youngest self-made billionaire

LOS ANGELES: Aged just 20 and the youngest member of the extended reality-TV Kardashian clan, Kylie Jenner is on track to become America’s youngest “self-made” billionaire, Forbes revealed Wednesday. The young mother, who gave birth to daughter Stormi in February, set up Kylie Cosmetics two years ago and the company has ...

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Billionaire Modi flees to UK, claiming political asylum

NEW DELHI: Nirav Modi, the billionaire jeweller at the heart of a more than $2 billion fraud case in India, has fled to the UK, where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials. Britain’s Home Office said it does not provide ...

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Billionaire jeweler denies involvement in huge Indian bank fraud

NEW DELHI: Indian billionaire jeweler Nirav Modi, one of the prime accused in the country’s largest ever bank fraud, denies allegations leveled against him by Punjab National Bank (PNB), his lawyer said on Tuesday. “There is nothing, there is nothing in it,” Vijay Aggarwal, a lawyer representing Modi, told Reuters, ...

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Freedom of Arrested Saudi Billionaire Prince Talals Priced At $6 Billion

After weeks of deafening silence surrounding the fate of Saudi Arabia’s richest man, Prince al-Waleed Bin Talal, arrested last month in an anti-corruption purge, it has emerged authorities in the Gulf monarchy are seeking at least $6 billion for his release. The 62-year-old head of the Kingdom Holding Co. was rounded up ...

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Mystery shrouds death of Canadian billionaire couple

TORONTO: Mystery has shrouded the unexplained deaths of an enormously wealthy Canadian couple, who gave away much of their fortune from a generic drug business. The bodies of the couple, Barry and Honey Sherman, were found Friday inside their mansion in an upscale neighbourhood of northern Toronto. Aside from describing ...

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Amazon’s Jeff Bezos becomes world’s richest

Amazon Inc Chief Executive Jeff Bezos has unseated fellow tech billionaire Bill Gates as the richest person in the world, profiting from the e-commerce company’s meteoric stock rise to reach a fortune of $90.6 billion (69.30 billion pounds). Amazon shares jumped 1.6 percent at the start of trading on Thursday, ...

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Scottish billionaire car dealer Sir Arnold Clark dies

GLASGOW: Sir Arnold Clark, the founder of Britain’s biggest independent group of car dealerships, has died at the age of 89. The billionaire was born in Glasgow, where he set up his first showroom in 1954. A statement said he had passed away peacefully, “surrounded by his family”. It added ...

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