Masatoshi Ito KIMIMASA MAYAMA/BLOOMBERG Japanese billionaire Masatoshi Ito, who helped build 7-Eleven into a global giant, died on Friday at the age of 98. Ito’s company, Seven & i Holdings,...
Tag: Empire
How 16 Cents And A Shift To Real Estate Allowed The Richest Man In The World To Build An Empire Worth Over $200 Billion
While he’s not as popular as Jeff Bezos or Elon Musk in the U.S., Bernard Arnault doesn’t need to be — he’s the richest person in the world and may have the most unique story amongst his billionaire p...
R. Kiyosaki says ‘fake’ dollar is pushing the ‘American empire to its end’
Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has warned that the weakening U.S. dollar is eroding the United States’ dominance in the global economy. Accordin...
The crumbling empire of Fred Schebesta, Australia’s self-titled Crypto King
Fred Schebesta, the founder and former CEO of Australian financial services comparison application Finder, self-describes as the ‘Crypto King of Australia.’ He sold his over-the-counter trading (OTC) ...
In South Florida, an Anti-Cathie Wood Investor Is Quietly Building a Stock Empire
(Bloomberg) — Rajiv Jain is everything that Cathie Wood isn’t. Most Read from Bloomberg The co-founder of GQG Partners doesn’t have a Twitter account and rarely appears on TV. And in his growth ...
The success story of Altcoin Daily, know how it created its empire
The rise of cryptocurrencies has been accompanied by a growing interest in digital assets and blockchain technology. The surge in interest has led to the development of numerous platforms that a...
Fortune And Unrealistic Ideas Bring FTX Crypto Empire Downfall To Life In Documentary
Sam Bankman-Fried, Changpeng “CZ” Zhao. MICHAEL M SANTIAGO/GETTY IMAGES. ANTONIO MASIELLO/GETTY IMAGES. In a match made by WME, Fortune and Unrealistic Ideas plan to collaborate on a documentary that ...
$90 Billion Collapse of Billionaire Adani’s Empire
The break was short, very short. Accusations of fraud, stock-market manipulation and illegal practices made by the New York short-seller Hindenburg Research against Adani Group, the conglomerate of I...
Billionaire Gautam Adani Calls on India for Help to Save His Empire
Billionaire Gautam Adani is under siege. Since Jan. 24 Asia’s richest man has faced serious allegations of fraud, money laundering and price manipulation that threaten to take away much of his ...
Billionaire Adani’s Empire Loses $51 Billion in 48 Hours
Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia. Adani, 60, saw his fortune jump by more than $40 billio...
Justice Department sues Google to break up its advertising empire
The U.S. Department of Justice and eight states filed an antitrust lawsuit against Google (GOOG, GOOGL) on Tuesday, seeking the breakup of the company’s online ad business. This latest action co...
The FTX Executives Who Helped Run Sam Bankman-Fried’s Crypto Empire
(Bloomberg) — Sam Bankman-Fried may be the face of FTX’s failure, but he wasn’t the only one keeping his sprawling empire going. Most Read from Bloomberg The more than 130 entities that made up ...
FTX Empire Ties With VC Firms Under Probe
SBF News: Sam Bankman-Fried, the co-founder and former CEO of FTX, invested over 20 million USD in a venture capital firm, Paradigm, that later bought a stake in FTX, revealed the court filings. As th...
Sam Bankman-Fried’s FTX/Alameda Empire Faced Turbulence Years Before Implosion
A new report claims Sam Bankman-Fried’s financial crypto empire faced troubles years before the FTX exchange collapse. According to the Wall Street Journal, Bankman-Fried’s trading firm Alameda Resear...
Michael Bloomberg launches bid to break up Murdoch’s print empire
Former mayor of New York Michael Bloomberg speaks with participants prior to a meeting with Earthshot prize winners – REUTERS Michael Bloomberg is launching a bid to break up Rupert Murdoch’s pr...
Tencent Billionaire Goes on a Tirade as Cracks Appear in Empire
(Bloomberg) — Many multinational CEOs like to close out the year with a message of congratulations. Tencent Holdings Ltd.’s billionaire co-founder Pony Ma delivered a no-holds-barred rant about ...
Micheal Ward On What Helped Him Unlock His Awards Buzzy Performance In ‘Empire Of Light’
Micheal Ward attends the ‘Empire Of Light’ Premiere in Toronto, Ontario. Getty Images Micheal Ward’s performance in writer-director Sam Mendes’ latest opus, Empire of Light, is...
How Sam Bankman-Fried’s Crypto Empire Failed and How It Affected A.I.
Join Our Telegram channel to stay up to date on breaking news coverage Anthropic, a San Francisco-based artificial intelligence research organization, raised $580 million in April for “AI safety” rese...
‘Selling Sunset’ Reality Star Emma Hernan Is Busy Building Her Own Empire
Emma Hernan Jason Kent You might know her best from her stylish looks and savvy real estate knowledge on the hit Netflix series Selling Sunset, but entrepreneur Emma Hernan has been busy since childho...
Was Tether at the center of Sam Bankman-Fried’s empire?
Out of all the companies in the crypto industry, the demise of Sam Bankman-Fried’s (SBF) crypto exchange FTX was the most likely to pull stablecoin Tether (USDT) down with it. Tether has always mainta...
Sam Bankman-Fried’s Crumbling FTX Empire Holds $1.2B Cash Reserves
About $751 million of that is held in debtor entities and the rest, $488 million, is in non-debtor entities, according to the document, filed on Monday by FTX’s proposed financial advisor, Alvar...
FTX to Sell or Restructure Global Empire, According to CEO
Following its epic collapse, FTX now looks to restructure or sell out to the highest bidder amid investigations and bankruptcy filings. According to new FTX CEO John Ray, the embattled crypto exchange...
They Lived Together, Worked Together and Lost Billions Together: Inside Sam Bankman-Fried’s Doomed FTX Empire
NASSAU, Bahamas—Sam Bankman-Fried’s $32 billion crypto-trading empire collapsed in an incandescent bankruptcy last week, prompting irate customers, crypto acolytes and Silicon Valley bigwigs to ask ho...
Silbert’s Once-$10 Billion Crypto Empire Is Showing Cracks
(Bloomberg) — Suspended withdrawals at cryptocurrency brokerage Genesis amid the widening crypto-market meltdown have cast an unwanted spotlight on Barry Silbert, the man at the helm of the Digi...
Disgraced FTX founder Sam Bankman-Fried still sees path to rebuilding his bankrupt empire and believes he can make his customers whole
The disgraced founder of FTX, Sam Bankman-Fried, believes there’s enough value locked on the exchange’s balance sheet to repay customer deposits held under custody and rebuild his dying crypto empire....
Crypto Villains Return as SBF’s Empire Collapses. Nobody Wants to Hear It.
Key Takeaways Key figures who have sullied their own reputations have reemerged to criticize the newest member of the failed founders’ club. Sam Bankman-Fried’s fraud arguably dwarfs that ...
Investigations Into The Collapse Of The FTX Empire Under Way ⋆ ZyCrypto
Advertisement     In a November 14, 2022, media release update on FTX, the Securities Commission of The Bahamas (SCB) confirmed that it had applied to the Supreme Cour...
How Sam Bankman-Fried’s crypto empire imploded
Episode 112 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, F9 Research General Partner Jim Greco, and Crocodile Labs Founder Douglas Colkitt. Listen below, and...