Tycoon | Common News Update

Apr12021 by adminNo Comments

Liberty Steel tycoon Sanjeev Gupta promises workers ‘no plants will close under my watch’

Business

Liberty Steel tycoon Sanjeev Gupta has promised thousands of UK workers facing uncertainty after the collapse of lender Greensill that he will not close any of its plants.In an interview with Sky News, Mr Gupta gave a bullish assessment of prospects for the business - while admitting the collapse was a "shock to the system". He said his business empire had already been in the process of switching away from Greensill as a source of financing and that his only regret was not doing so earlier. Image: The Liberty plant at Rotherham is part of Mr Gupta's steel empire In comments directed at Liberty Steel's 3,000 UK workers, Mr Gupta said: "I will not give up on you. You are my family."Under my watch, none of my steel plants will close, I p...

Dec282020 by adminNo Comments

Suspect held after possible poisoning of Game Of Thrones video game tycoon

Technology

A suspect has been detained over the potential poisoning of the billionaire founder of a Chinese company that makes a Game Of Thrones video game, police in Shanghai have said.Lin Qi, 39, who died on Christmas Day, was the founder and chief executive of Yoozoo, a Chinese entertainment company best known for developing the Game Of Thrones: Winter Is Coming strategy game. According to a police statement, a 39-year-old co-worker identified by the surname Xu has been detained.The statement added that Mr Lin had been hospitalised on 17 December and diagnosed with possible poisoning, but gave no other details. Image: Game Of Thrones: Winter Is Coming is one of the company's best-known video games According to Chinese business magazine Caixin...

Jan132020 by adminNo Comments

Fly me to the moon: Tycoon seeks ‘life partner’ for lunar trip

Technology

A Japanese fashion billionaire is looking for a "special someone" to join him as he becomes the first private passenger to fly to the moon.Yusaku Maezawa, 44, is due to travel to the moon in 2023 on SpaceX's first tourist flight. But rather than go on his own, he wants to "visit such a special place" with someone special, he says in an online post. He will look for that "always positive" person aged "20 or over" in a television documentary called Full Moon Lovers.His ideal candidate wants to "enjoy life to the fullest" and is someone "who wishes for world peace". Advertisement They must be "interested in going into space and able to participate in the preparation for it". Mr Maezawa, who recently split fr...

Nov202019 by adminNo Comments

Coppel to chair Top Shop tycoon Green’s retail empire

Business

A former boss of the De Vere hotel and leisure group will be named this week as the new chairman of Sir Philip Green's high street empire.Sky News has learnt that Andrew Coppel is to join Sir Philip's Arcadia Group as the billionaire fights to keep it afloat after a torrid year. The appointment of Mr Coppel, whose current roles include a seat on the board of MJ Gleeson, the housebuilder, will be announced on Thursday.He will replace Jamie Drummond Smith, a corporate restructuring expert who stepped down in September after five months as interim chairman.Mr Coppel will assume the chairmanships of Arcadia, its direct holding company Taveta Investments and Top Shop Top Man Limited, which directly owns Sir Philip's two most popular retail brands. ...

Dec122018 by adminNo Comments

Indian tycoon hires Beyonce to sing at daughter's party

Entertainment

Indian weddings are renowned for their extravagance and grandeur - but one billionaire has pushed the boat out even further for his daughter's pre-wedding party, hiring Beyonce to sing at it. The 37-year-old Single Ladies singer performed at the elaborate bash in Udaipur, Rajasthan, after being hired by India's richest mogul Mukesh Ambani, whose daughter, Isha, 27, is getting married on Wednesday.She is marrying Anand Piramal, a childhood friend and son of another billionaire tycoon, Ajay Piramal, reportedly at her billion-dollar home in Mumbai - one of the most expensive on the planet. Image: Mukesh Ambani is thought to be worth up to £37.5bn At the pre-wedding celebration, which was attended by the likes of Hillary Clin...