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Jay Y. Lee

Samsung Heir Jay Y. Lee In Fresh Trouble Over Alleged Stock Manipulation

South Korean billionaire Jay Y. Lee is in fresh trouble. According to news reports, South Korean prosecutors have requested an arrest warrant for the Samsung Group heir Jay Y. Lee on suspicions that he manipulated his company’s stock price and violated audit rules, among other offenses. The news came amid an investigation into a controversial …

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Mukesh Ambani

Mukesh Ambani Prepares Reliance Industries For India’s Digital Future With $7 Billion Rights Issue

Indian billionaire Mukesh Ambani is still doing deals at Reliance Industries in spite of the country’s struggle with the coronavirus pandemic. Eversince Facebook said on April 22 that it would invest $5.7 billion to acquire a 9.99% stake in  Jio Platforms, Reliance’s fully-owned digital subsidiary, a number of some of the world’s most prominent tech …

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Samuel Tak Lee

Hong Kong Tycoon Samuel Tak Lee To Sell Shaftesbury Stake For $540.7 million

Hong Kong tycoon Samuel Tak Lee has agreed to sell off his stake in Shaftesbury to rival, Capco, for the sum of $540.7 million. According to a report by Reuters on Monday, Capital & Counties Properties (Capco) will acquire a 26.3% stake in London rival Shaftesbury from  Samuel Tak Lee’s for $540.7 million. Capco and …

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Yusaku Maezawa

Japanese Billionaire Yusaku Maezawa Receives Proposals From 20,000 Women

Japanese Billionaire Yusaku Maezawa is the hottest bachelor in the world right now as thousands of women have expressed interest in winning his affections. Applications to become Japanese billionaire Yusaku Maezawa’s girlfriend have topped 20,000, streaming service AbemaTV said, ahead of its documentary on his search for a “life partner” to take on his moon …

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Chatchaval Jiaravanon

Thai Billionaire Chatchaval Jiaravanon Plans Fintech Acquisitions

Thai billionaire Chatchaval Jiaravanon, who founded fintech start-up Lightnet, plans to widen the reach of its Southeast Asian remittance platform through acquisitions. Lightnet, which describes its blockchain-based service as quicker and cheaper compared with traditional banks, may raise fresh capital to pour into purchases, said chairman Chatchaval Jiaravanon. The Bangkok-based company announced a US$31.2 million …

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Yusaku Maezawa

Japanese Billionaire Yusaku Maezawa Seeks ‘Life Partner’ For Moon Tour

Japanese billionaire Yusaku Maezawa is looking for a “special woman” to join him on Elon Musk’s mission around the moon. The founder of Zozo, Japan’s largest online fashion retailer, invited women interested in accompanying him on Musk’s Big Falcon Rocket in 2023 to apply online for a “planned match-making event”. The 44-year-old, who recently split …

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Tadashi Yanai

Japanese Billionaire Tadashi Yanai Resigns From SoftBank Board

Japanese billionaire Tadashi Yanai, founder and chief executive of Uniqlo parent Fast Retailing, resigned as an independent board member of Japan’s SoftBank Group at the end of last month after 18 years on the job to focus on his fashion business. A longtime ally and sometime critic of SoftBank founder and chief executive Masayoshi Son, …

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Cheung Chung Kiu

Chinese Billionaire Cheung Chung Kiu To Acquire $262 Million London Mansion

Chinese billionaire Cheung Chung Kiu, a property mogul, has agreed to buy a 45-room mansion in Knightsbridge, London, for more than 200 million pounds ($262 million), breaking London’s house price record. According to Bloomberg, the private family office of Cheung Chung Kiu is acquiring the palatial home at 2-8a Rutland Gate, overlooking Hyde Park. The …

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Bavaguthu Raghuram Shetty

Indian Billionaire Bavaguthu Raghuram Shetty Loses $1.1 Billion

Indian billionaire Bavaguthu Raghuram Shetty, the founder of NMC Health, has seen about $1.1 billion knocked off his fortune after shares in the FTSE 100 private hospitals company and in Finablr, the owner of Travelex, extended falls yesterday, according to The Times UK Bavaguthu Raghuram Shetty, an Indian pharmacist-turned-tycoon who has built a business empire …

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Yusaku Maezawa

Japanese Billionaire Yusaku Maezawa To Give $9 million In ‘Social Experiment’

Japanese billionaire Yusaku Maezawa is giving away $9 million to his Twitter followers in what he says is a “social experiment” to see if the payment boosts their happiness. According to a report by Reuters, Maezawa will give 1 million yen ($9,000) to 1,000 followers selected at random from those who retweeted a Jan. 1 …

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