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Bertil Hult

Swedish billionaire Bertil Hult’s yacht is latest to moor at Poole

Swedish billionaire Bertil Hult’s stunning $35 million superyacht is drawing the crowds to Poole. The striking yacht named ‘Erica’, is the latest multi-million dollar yacht to visit the quay in recent weeks. Built last year by Heesen in the Netherlands, Erica sleeps up to 12 people and has a crew of 10. The 163ft yacht …

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Roman Abramovich

Roman Abramovich Acquires $64.5 million Home In Israel

Russian billionaire Roman Abramovich has acquired a $64.5 million property in Herzliya Pituah, an affluent beachfront neighborhood in the western part of the city of Herzliya, Israel, in the Tel Aviv District. According to a report by Globes, Abramovich concluded the deal – Israel’s most expensive-ever residential real estate sale – just before the coronavirus …

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Dmytro Firtash

Russian Billionaire Dmytro Firtash Who Gave $1 Million Loan To Giuliani Ally Has A Shadowy Past

In September, one month before Lev Parnas was indicted on campaign finance charges, his wife received wire transfers from a bank account in Russia. The sum was $1 million, and the source was a lawyer for Dmytro Firtash, according to a court filing by U.S. prosecutors. Firtash, a Ukrainian oligarch who made a fortune in …

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Alexey Mordashov

Russian Billionaire Alexey Mordashov To Build One-Stop Shop For Food And Travel

Russian billionaire Alexey Mordashov made his money in steel, but is betting on groceries and tourism to help expand his empire away from commodities. Almost half of his $20 billion fortune already comes from outside the steel industry. The country’s fifth-richest man said he wants to keep investing in consumer-focused sectors and eventually create an …

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Jaime Botin

Spanish Billionaire Jaime Botin Guilty Of Attempted Smuggling Of Picasso Painting

Spanish billionaire Jaime Botin has been sentenced to 18 months in jail for trying to smuggle a Picasso painting out of the country. Botin, 83, part of the Santander banking dynasty, was convicted by a court in Madrid on Thursday and fined more than $58 million. Though Botín owned the 1906 painting “Head of Young …

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Jitse Groen

Dutch Billionaire Jitse Groen Wins Just Eat For $8 Billion

Dutch Billionaire Jitse Groen, the founder of Takeaway.com, has won the battle for Britain’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world’s largest meal delivery companies. Takeaway said that 80.4% of Just Eat shareholders had agreed to its all-share offer, passing a 50% threshold needed …

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Neil Utley

Insurance Tycoon Neil Utley Emerges As Major Investor In Non-Standard Finance

Insurance multi-millionaire  tycoon Neil Utley has emerged as a 3% shareholder in payday lender Non-Standard Finance, according to This is Money. Utley’s stake is worth around £2.1m, a small slice of his estimated  £250m fortune. The firm has struggled this year, with profit warnings and shares tumbling to an all-time low. Utley made his money …

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Mikhail Gutseriyev

Russian Billionaire Mikhail Gutseriyev To Increase Oil Supplies To Belarus

  Two Russian oil firms owned by Russian billionaire Mikhail Gutseriyev plan to increase oil supplies to Belarus to a total of 750,000 tonnes this month, amid a wider energy spat between Moscow and Minsk. According to a report by Reuters, the supply of oil from Russia to Belarus was abruptly halted on Jan. 1 …

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Michael Spencer

British Billionaire Michael Spencer Hired By Margaret Thatcher’s Think-Tank

British billionaire Michael Spencer has been made chairman of the Centre For Policy Studies. According to a report by ThisisMoney, the veteran businessman will take over at the think-tank from ad mogul Lord Saatchi. Spencer, 64, founded financial services firm ICAP, which was at one stage the world’s biggest inter-dealer broker. When the company – …

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