Tag Archives: Tycoon

Corruption Trial of French-Israeli Tycoon Begins in Switzerland

Corruption Trial of French-Israeli Tycoon Begins in Switzerland

Corruption Trial of French-Israeli Tycoon Begins in Switzerland Corruption Trial of French-Israeli Tycoon Begins in Switzerland Mr. Steinmetz’s business dealings have been investigated in several other countries, including the United States, Romania and Israel. His legal problems began, after his group, BSG Resources, beat out the Australian mining firm Rio Tinto in 2008 for half the exploration rights to mine …

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Hong Kong Media Tycoon Jimmy Lai Is Freed on Bail

Hong Kong Media Tycoon Jimmy Lai Is Freed on Bail

Hong Kong Media Tycoon Jimmy Lai Is Freed on Bail Hong Kong Media Tycoon Jimmy Lai Is Freed on Bail HONG KONG — A Hong Kong judge granted the pro-democracy media tycoon Jimmy Lai bail on Wednesday, but imposed extensive restrictions barring him from using social media, giving interviews or leaving his home, stoking concerns about the deterioration of free speech …

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Ren Zhiqiang, Tycoon Who Criticized Xi, Sentenced to 18 Years in Prison

Ren Zhiqiang, Tycoon Who Criticized Xi, Sentenced to 18 Years in Prison

Ren Zhiqiang, Tycoon Who Criticized Xi, Sentenced to 18 Years in Prison Ren Zhiqiang, Tycoon Who Criticized Xi, Sentenced to 18 Years in Prison A Chinese court on Tuesday sentenced an outspoken Chinese property tycoon who had denounced the Communist Party leader, Xi Jinping, to 18 years in prison for corruption, a harsh punishment that appeared aimed at deterring dissent. …

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China Is Dismantling the Empire of a Vanished Tycoon

China Is Dismantling the Empire of a Vanished Tycoon

China Is Dismantling the Empire of a Vanished Tycoon China Is Dismantling the Empire of a Vanished Tycoon HONG KONG — Xiao Jianhua was once a trusted financier to China’s ruling elite who came to represent an era of unbridled capitalism. But three years ago, he was snatched from a Hong Kong luxury hotel and disappeared into Chinese custody. Now, …

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Eduardo Cojuangco, Philippine Tycoon and Marcos Ally, Dies at 85

Eduardo Cojuangco, Philippine Tycoon and Marcos Ally, Dies at 85

Eduardo Cojuangco, Philippine Tycoon and Marcos Ally, Dies at 85 Eduardo Cojuangco, Philippine Tycoon and Marcos Ally, Dies at 85 Eduardo Cojuangco, who was an ally of the Philippine dictator Ferdinand Marcos and fled with him into exile before returning to his country to take control of the San Miguel Corporation and build a billion-dollar fortune, died on Tuesday. He …

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China Investigates Tycoon Who Criticized Xi’s Response to Coronavirus

China Investigates Tycoon Who Criticized Xi’s Response to Coronavirus

The Chinese Communist Party said on Tuesday that it was investigating an outspoken property tycoon who accused China’s top leader, Xi Jinping, of having mishandled the coronavirus outbreak. Party officials said the man, Ren Zhiqiang, was suspected of “serious violations of discipline and law,” a euphemism the authorities often use for corruption and other abuses of power. Mr. Ren, a …

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