In an official blog post, Paradise Tycoon announced that it has teamed up with Avalanche to use its blockchain technology. This will help Paradise Tycoon bring blockchain gaming to the community on a ...
Tag: Tycoon
Philippines Tycoon To Build $300 Million AI Hub With Singapore-Based Evolution Data Centers
Megawide Industries, owned by Filipino business magnate Edgar Saavedra, is making a foray into the AI and data center industry with a $300 million co-location center development in Cavite, just outsid...
Philippine Tycoon Edgar Saavedra’s Megawide To Build $300 Million Data Center In Digital Pivot
Edgar Saavedra is chairman of Megawide Construction. Sonny Thakur For Forbes Asia Megawide—controlled by tycoon Edgar Saavedra—is building a $300 million data center in Cavite, south of the Philippine...
Tycoon Tony Fernandes’ Capital A Posts First Quarterly Profit Since The Pandemic Amid Travel Rebound
Capital A CEO Tony Fernandes Courtesy of AirAsia Capital A—controlled by Malaysian tycoons Tony Fernandes and Kamarudin Meranun—reported its first quarterly profit since the pandemic grounded most of ...
Hong Kong Power Tools Tycoon Horst Julius Pudwill’s Wealth Drops Amid U.S. Demand Concerns
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia Jocelyn Tam for Forbes Asia This story is part of Forbes’ coverage of Hong Kong’s Richest 2023. See the ful...
Unfazed By A Weak Market, Hong Kong Property Tycoon Lee Shau Kee’s Henderson Land Bets On Future Growth
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia From left: Martin Lee, Lee Shau Kee and Peter Lee. S.C. Leung/ZUMA Press/Newscom This story is part of Forb...
Chinese E-Commerce Tycoon Colin Huang Loses $3.1 Billion In One Day As Imminent Price War Spooks Investors
Pinduoduo founder Colin Huang (Photo by Qilai Shen/Bloomberg) © 2017 Bloomberg Finance LP E-commerce giants JD.com and Pinduoduo are on the cusp of a new price war, with the former pledging more than ...
Tycoon Agarwal’s Plan to Trim Debt Hits a Roadblock in India
(Bloomberg) — Indian billionaire Anil Agarwal’s plan to trim a massive debt pile hit a roadblock after New Delhi said it would block the sale of a zinc manufacturing unit. Most Read from Bloombe...
The Gag-Gift Tycoon Who Filled Suburban Lawns With Inflatables
Meet Dan Flaherty, the man responsible for Bigmouth Billy The Talking Bass, the Dancing Hamsters, and all those inflatable Snoopys and Baby Yodas. forbes here are no photos allowed inside the magical ...
Philippine Tycoon Roberto Ongpin, Founder Of Alphaland, Dies At 86
Roberto Ongpin was chairman of Philippine developer Alphaland. Forbes Asia Tycoon Roberto Ongpin—founder and chairman of Philippine real estate developer Alphaland—died peacefully on Saturday at age 8...
‘Greenwashing’ is a good thing, according to one renewable energy tycoon
Greenwashing should be seen as a positive sign that companies are moving in the right direction, according to the founder of British energy firm Ecotricity. “It’s everywhere,” Dale V...
Singapore Hotel Tycoon Ho Kwon Ping To Double Banyan Tree’s Branches As China Reopens
Banyan Tree’s founder and chairman Ho Kwon Ping is busy planting 50 new hotels as the global tourism industry looks primed to come roaring back. H otels across Asia will see the return of Chinese tour...
Russian Sausage Tycoon Dies By Suicide In Hotel Fall—Just The Latest Russian Elite (Including Putin Critics) To Die Mysteriously
Topline Russian sausage magnate Pavel Antov, a lawmaker who criticized the war on Ukraine this summer, mysteriously died at a hotel in India on Saturday while traveling for his birthday—becoming the l...
Tycoon Tony Fernandes’ Capital A Forms AirAsia Cambodia As Budget Carrier Seeks New Growth Markets
AirAsia celebrated its 21st anniversary with the formation of an airline in Cambodia. Danielle Keeton-Olsen for Forbes Asia AirAsia Aviation Group—controlled by Malaysian tycoons Tony Fernandes and Ka...
Russian billionaire latest crypto tycoon to die mysteriously
Yet another high-profile crypto tycoon has died in mysterious circumstances, taking the tally of questionable crypto-related deaths to four in less than five months. As reported by the Daily Mail, Rus...
Crypto Tycoon Jihan Wu’s Matrixport Mulls New Funding At $1.5 Billion Valuation
Jihan Wu, cofounder and chairman of Matrixport. Matrixport Matrixport, the Singapore-based crypto financial services firm, has received $50 million in commitments from investors at a valuation of $1.5...
Tycoon Tony Fernandes’ AirAsia X Returns To The Black Amid Post-Pandemic Travel Rebound
An Airbus A330 aircraft operated by AirAsia X Bhd. grounded at Kuala Lumpur International Airport … [+] Airport 2 in Sepang, Selangor, Malaysia, on Tuesday, Nov. 9, 2021. AirAsia X, the medium a...
Bitcoin will reach THIS level according to this TYCOON
There are still many theories that the crypto crash did not end yet. In fact, in a previous article, we did mention that the crypto winter is still looming over the crypto market. Bitcoin predictions ...
Chinese Tycoon Spent 8 Years, $3 Billion on EV That Went Unbuilt
(Bloomberg) — The image arrived in Susan Swenson’s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bo...
Putin Critic And Tycoon Oleg Tinkov Renounces Russian Citizenship
Topline Former banking tycoon Oleg Tinkov renounced his Russian citizenship, he announced on Instagram Monday, months after the ex-billionaire accused the Kremlin of forcing him to sell his stake in R...
Billionaire Real Estate Tycoon to Raise $500,000,000 for Crypto and Private Equity Investments Report
As the selloff continues to drive down the price of Bitcoin (BTC) and the rest of the market for digital assets, Hong Kong billionaire and real estate magnate Adrian Cheng’s investment company is appa...
Crispin Odey Scored a Whopping 193% Return This Year; Here Are 2 Stocks That the Hedge Fund Tycoon Likes
Most people might not want to glance too often at their stock portfolio in 2022, but not everyone has had a rough year. Making good use of the UK market unrest, Crispin Odey’s hedge fund has had...
Billionaire Real Estate Tycoon to Raise $500,000,000 for Crypto and Private Equity Investments: Report
Hong Kong billionaire and real estate tycoon Adrian Cheng’s investment firm is reportedly raising funds to invest in the crypto space as the selloff further pushes down the price of Bitcoin (BTC) and ...
This Silicon Valley Tycoon Has Lost Half His Net Worth This Year
Silicon Valley founders and CEOs have had a rough year so far, losing billions of dollars in net worth. Technology company billionaires make up 6 of the top 10 biggest losers so far this year, with lo...
Tycoon Running a Quarter of China’s Copper Trade Is on the Ropes
(Bloomberg) — From a start guarding trains full of metal from thieves on freezing winter nights, He Jinbi built a copper trading house so powerful that it handles one of every four tons imported...
Call Center Tycoon Laurent Junique Debuts On Singapore’s 50 Richest
This story appears in the September 2022 issue of Forbes Asia. Subscribe to Forbes Asia Laurent Junique Courtesy of TCDX This story is part of Forbes’ coverage of Singapore’s Richest 2022. See the ful...
Business Tycoon Cyrus Mistry, Former Chairman Of Tata Sons, Dies In A Car Crash
Cyrus Mistry AP Photo/Rajanish Kakade Less than three months after the death of billionaire Pallonji Mistry in June at the age of 93, his younger son Cyrus Mistry, 54, former chairman of Tata Sons, di...
Singapore Tycoon Cheng Wai Keung’s Wing Tai Posts Robust Profit On Property, Uniqlo Contributions
A man exits a Uniqlo store at the Orchard Central shopping mall in Singapore, on June 3, 2018. Nicky Loh/Bloomberg Wing Tai Holdings—controlled by tycoon Cheng Wai Keung—said Thursday its net profit m...
Philippine Tycoon Dennis Uy’s Firms Roll Over Debts, Tap Funding From Billionaire Enrique Razon As Losses Deepen
Dennis Uy, chairman and president of Phoenix Petroleum Holdings, speaks during a Bloomberg round-table discussion in Manila, the Philippines, on March 5, 2018. Veejay Villafranca/Bloomberg Mobile phon...
Chinese Crypto Tycoon Wants $3 Billion for Huobi Stake Deal
Leon Li, the co-founder of global crypto exchange Huobi is wrapping up plans to sell most of his shares in the company valued at $3 billion Bloomberg reports. According to Houbi group spokesperson, Li...