Clive Palmer

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Billionaire Re-Ups Plans for Titanic II

Australia's Clive Palmer says the replica will set sail in 2027

(Newser) - Australian billionaire Clive Palmer says he plans to build a replica of the Titanic, to set sail in a few years. That might feel like deja vu. The mining tycoon first launched the idea of building the Titanic II , "a more buoyant version" of the original ship, in 2012,...

Aussie MP to China: Sorry I Called You Guys Mongrels

Chinese embassy accepts apology

(Newser) - Australian billionaire and alleged politician Clive Palmer has done some serious open-minded thinking and now realizes, a week later, that calling the Chinese "mongrels" was perhaps "an insult to Chinese people everywhere," he writes in a letter to ambassador Ma Zhaoxu, the Australian reports. "I wish...

Mr. Diplomacy: Chinese Are 'Mongrels' Who 'Shoot Own People'

Australian lawmaker Clive Palmer creates a ruckus

(Newser) - An Australian billionaire-turned-lawmaker went on live TV yesterday and demonstrated that while he's great at making money, he's not so good with diplomacy. Mining magnate Clive Palmer, whose business is in a nasty legal battle with its state-owned partner in China, got a little heated when asked about...

Billionaire Spills Details of 'Titanic II'

This one has more lifeboats...

(Newser) - An Australian billionaire has revealed detailed plans for a new Titanic —this one much safer than the original, its designer says. The Titanic II "will be absolutely the most safe cruise ship in the world," says Markku Kanerva, of the Finnish firm behind the replica. That doesn'...

Billionaire Building Titanic II
 Billionaire Building Titanic II 

Billionaire Building Titanic II

Australia's Clive Palmer wants maiden voyage by end of 2016

(Newser) - An Australian billionaire is going to build a replica of the Titanic and sail it from England to the United States, flanked by the Chinese navy, by the end of 2016, reports Bloomberg . Clive Palmer, a mining magnate, says the replica will have the exact dimensions and all the amenities...

World's Best Boss Gives Workers Mercedes, Vacations

Clive Palmer spends $10M on holiday rewards for employees

(Newser) - Clive Palmer acquired a failing Australian nickel refinery, turned it around—by paying its 800 employees more—and now he's spent $10 million on holiday bonuses for his workers. Fifty-five of the top performers will each get a Mercedes Benz, and 700 workers will get vacations for two at five-star...

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