9 Stories

Hong Kong Billionaire Has Mysteriously Gone Missing

Mystery deepens on whereabouts, reason for alleged abduction of Xiao Jianhua

(Newser) - A website rumor was just the start of a mystery that involves a missing Canadian billionaire and a possible abduction from a ritzy Hong Kong hotel by Chinese cops. The BBC reports on Xiao Jianhua, who was reported missing over the weekend and has been the subject of conflicting reports... More »

Energy CEO Was Driving Way Over Speed Limit in Crash

Aubrey McClendon also hit the brakes twice

(Newser) - An energy tycoon who died in a car crash the day after his indictment by a federal grand jury was traveling well over the speed limit when he struck a bridge abutment, Reuters reports. Aubrey McClendon, former CEO of Chesapeake Energy, hit 88mph in a 50mph zone just a few... More »

Newly Freed Russian Tycoon Back With Family

Khodorkovsky arrives in Germany, free after a decade

(Newser) - After Vladimir Putin pardoned oil tycoon and outspoken government critic Mikhail Khodorkovsky yesterday, Khodorkovsky wasted little time in getting out of Russia. He arrived in Germany and spent his first night of freedom in 10 years inside a Berlin hotel, reports the BBC . He has been reunited already with his... More »

Exiled Russian Tycoon Berezovsky Dead at 67

Putin critic had gotten rich after collapse of Soviet Union

(Newser) - One of Russia's famed "oligarchs" who became unimaginably rich after the collapse of the Soviet Union has been found dead in his London home at age 67, reports the BBC . The cause of Boris Berezovsky's death remains unclear, but the news is drawing lots of attention because... More »

Russian Billionaires Brawl on TV

Just try not to laugh out loud. Really.

(Newser) - It's hard to say what makes this footage of one Russian tycoon sucker-punching another on a TV show extra hilarious: Maybe it's the glowing purple orb that sits in the middle of the discussion about the economic crisis. Maybe it's because property developer Sergei Polonsky announces he... More »

$100M Tax Fugitive Turns Up in Caymans

Tycoon started massive Computerland retail chain

(Newser) - A charming entrepreneur may have to give up his globe-trotting ways and pay an outstanding $100 million tax bill, the Wall Street Journal reports. Investigators have tracked down William H. Millard, the California tech mogul who founded the once-massive computer retailing chain ComputerLand, in the Grand Cayman Islands. Authorities of... More »

Russian Tycoon Makes Bid for NJ Nets

NBA team could be first to go under foreign ownership

(Newser) - A Russian tycoon has made a bid for a controlling stake in the New Jersey Nets, in what could become the first instance of foreign ownership of an NBA club, Reuters reports. Mikhail Prokhorov, Russia’s richest man, said on his blog that his Onexmi group had offered to loan... More »

China's Richest Man Vanishes Amid Probe

Tycoon was said to be under investigation for insider trading

(Newser) - China's biggest electronics retailer is trying to find out what happened to its founder, Marketwatch reports. Huang Guangyu, ranked the richest man in China in a recent report, has been not been seen since last week. The tycoon was being investigated for insider trading, but company representatives said government officials... More »

Thailand Orders Arrest of Ex-PM

(Newser) - After failing to appear in a Bangkok court to hear charges that he abused power while in office, Thailand's deposed PM is now a fugitive of justice. The country's Supreme Court has issued a warrant for the arrest of Thaksin Shinawatra, who took refuge with his wife in England last... More »

9 Stories