Justin Costello, who posed as a billionaire and twice-wounded Special Forces Iraq veteran to dupe investors while portraying himself as a legal cannabis mogul, pleaded guilty Wednesday to securities fraud. Under a plea agreement with Costello, prosecutors will recommend a sentence of 10 years in prison, with Costello echoing that call and being barred from […]
This year’s Dragons are Peter Jones, Touker Suleyman, Steven Bartlett, Deborah Meaden, and Sara Davies. But who is richest of all? All Dragons are successful buisness owners who turn around millions every year. Thanks to their incredible careers, they have huge fortunes in the bank. But one Dragon is richer than everyone else. It will […]
Billionaire investor Chamath Palihapitiya is predicting who will be the biggest loser in business markets this year amid the ascent of artificial intelligence. In a new episode of the All-In podcast, Palihapitiya says that Google will suffer the most as artificial intelligence begins to make the Google search function less relevant. He specifically references ChatGPT, […]
CHAMBERY, France (Reuters) – Billionaire Kostyantyn Zhevago appeared at an appeals court in southeastern France on Thursday for a hearing on Ukraine’s request to extradite him. The businessman, who controls London-listed iron pellet producer Ferrexpo, is one of Ukraine’s richest men. He was arrested and detained in France in late December at Ukraine’s request. At […]
Hungarian-born US investor and philanthropist George Soros answers to questions after delivering a speech on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP | Getty Images A nonprofit financed by billionaire George Soros quietly donated $140 million to advocacy organizations and ballot initiatives […]
All the top stories and transfer rumours from Wednesday’s newspapers… DAILY MIRROR Indian billionaire Mukesh Ambani, ranked the 10th richest man in the world, would rather buy Arsenal than either of the current Premier League giants up for sale, Liverpool and Manchester United. Al Nassr boss Rudi Garcia has spoken of his excitement at the […]
Ken Griffin, Citadel, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Hedge-fund billionaire Ken Griffin has sued the IRS and the Treasury Department over the “unlawful disclosure” of his tax information, escalating the battle in Washington over leaked tax filings of super-wealthy people including Warren Buffett and Jeff Bezos. In a complaint […]
Dolly Parton does an incredible amount of charity work, and her workload just got a lot bigger. The country singer has opened up about a recent phone conversation she had with one of the world’s richest men: Jeff Bezos. She announced that the American owner of Amazon had gifted her a staggering amount of money […]
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said that Apple Inc.’s App Store presents a conflict of interest, adding his voice to a flurry of criticism of the iPhone maker’s software policies. “It is problematic for one company to be able to control what app experiences end up on a device,” Zuckerberg said Wednesday […]
London/New Delhi CNN Business — Indian billionaire Gautam Adani’s business empire is planning to raise nearly $2.5 billion in a new share offering as it pushes to expand into new areas. Adani Enterprises, the flagship company of the Adani Group, said in a stock exchange filing on Friday that its board had given approval to […]