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"Vanished" Chinese Billionaire Xiao Jianhua Will Face Trial In Shanghai
In China, the charge of illegal collection of public deposits can carry a prison sentence of five years or more depending on the severity of the alleged crime, and courts rarely find defendants not guilty once formal charges are brought about.
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Coinbase CEO Brian Armstrong's Net Worth Has Been Utterly Obliterated
Coinbase CEO Brian Armstrong is seeing his net worth explode… in a bad way.
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The US Wants To Seize Two Of Roman Abramovich's Private Jets … But Doing So Could Be Tricky
Abramovich is alleged to have violated export regulations put in place in the wake of the war, and now a Boeing 787 Dreamliner and a Gulfstream jet reportedly worth a combined $400 million could be on the hook.
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Is LeBron James Really A Billionaire?
According to Forbes, LeBron James just officially achieved billionaire status. Is this true?
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Forget All The Rags To Riches Stories You've Ever Heard: None Compare To Syrian Orphan-Turned-Multi-Billionaire, Mohed Altrad
A warning to all billionaires (and millionaires) who call themselves "rags to riches" stories: Read up on Mohed Altrad's origins before throwing that phrase around…
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Almost Every Single Day Of The Pandemic Has Generated A New Billionaire
The report is timed to shine a light on increasing income inequality at the start of this year's World Economic Forum in Davos, Switzerland.
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MacKenzie Scott Donates $122.6 Million To Big Brothers Big Sisters Of America, Bringing Total Giving To Over $12 Billion
According to a statement from Big Brothers Big Sisters of America, Scott has made the single largest individual contribution in the entire organization's history.
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Billionaire's Ex-Wife Rejects Multi-Billion Divorce Settlement Offer
The two didn't have a prenup, and with a net worth of $5 billion, John has plenty of property, including expansive estates located in Aspen and Southampton, and a ritzy 28,000 Manhattan apartment.
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Saudi Royals Have Been Shredding Assets Like Yachts, Residences, And Art As Income Reduced By Crown Prince
Once upon a time, the sellers were some of the most powerful people in Saudi Arabia, but now Prince Mohammed has made drastic changes to their situations.
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After Publicly Criticizing Ukraine War, Russian Billionaire Was Forced To Sell Bank At A Fire Sale Price
When Oleg Tinkov started the year, he was worth $9 billion. Then he criticized the war in Ukraine. Today he no longer owns the bank he founded and his family is reportedly in hiding.
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A Crypto Entrepreneur Has Now Lost More Money Than Anyone In History
If you think you've lost a lot of money in recent weeks and months, don't mention that around Binance founder Changpeng Zhao.
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Billionaire John Doerr Donates $1.1 Billion To Stanford For Climate And Sustainability School
This is the second largest donation ever given to a university and it will create the first new school at Stanford in over 70 years.
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Russian Oil Billionaire Reportedly Dies From "Toad Venom Poisoning"
Whatever the larger story behind these deaths may be, it's truly bizarre to read of a prominent businessman dying in such a strange and unusual way – like something out of a mystery novel.
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Robinhood Co-Founders Are No Longer Billionaires After 80% Stock Drop
As many of their customers have learned in the last year, the stock market gives… and then she takes away.
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Back In 2013, Elon Musk Came Within An Inch Of Selling Tesla For… $6 Billion
It might be hard to believe now, but in the early part of 2013, things weren't going too well for Tesla. And Musk approached Google with an unusual proposal.