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Russia indicts extradited tycoon for theft

Russian authorities on Monday issued an indictment for fraud against tycoon Sergei Polonsky, less than a day after flying him in from Cambodia.

Russia indicts extradited tycoon for theft
Ukraine president dismisses powerful oligarch as regional governor

Ukraine's president has dismissed one of the country's most controversial tycoons from his regional governor's post.

Ukraine president dismisses powerful oligarch as regional governor
Hong Kong tycoon and former senior official face jail for graft

Lawyers for Hong Kong property tycoon Thomas Kwok and Rafael Hui pressed for leniency Monday as their clients faced seven years in prison.

Hong Kong tycoon and former senior official face jail for graft
Hong Kong tycoon, former official guilty of corruption

Hong Kong property tycoon Thomas Kwok and the government's former deputy leader Rafael Hui were found guilty of corruption.

Hong Kong tycoon, former official guilty of corruption
Mukhtar Ablyazov. ©Yaroslav Radlovskiy
French court authorises extradition of Kazakh tycoon Ablyazov

A French court authorised the extradition of exiled Kazakh oligarch Mukhtar Ablyazov to Russia and Ukraine, despite concerns over his safety.

French court authorises extradition of Kazakh tycoon Ablyazov
Larry Ellison releases helm of mighty Oracle ship

Tycoon yachtsman Larry Ellison stepped down as Oracle's chief executive.

Larry Ellison releases helm of mighty Oracle ship
China paper denounces 'rampant rascality' of Australia tycoon

A Chinese state-run newspaper called on Beijing to "teach Canberra a lesson" after Clive Palmer labelled the Communist government "mongrels"

China paper denounces 'rampant rascality' of Australia tycoon
Australia tycoon blasts Chinese government 'mongrels'

Clive Palmer has labelled the Chinese government "mongrels" who "shoot their own people" in a televised tirade that was criticised by Canberra.

Australia tycoon blasts Chinese government 'mongrels'
Australian gambling tycoon James Packer. ©Reuters/Dinuka Liyanawatte
Australian mogul Packer gives away $188 million

Billionaire James Packer, one of Australia's richest men, announced he was setting up a philanthropic foundation to give away Aus$200 million (US$188 million).

Australian mogul Packer gives away $188 million
S. Korea police find body of fugitive ferry owner

South Korean police said Tuesday they had found the body of the fugitive business tycoon who headed the family operating the Sewol ferry which sank in April with the loss of around 300 lives.

S. Korea police find body of fugitive ferry owner
©Reuters/Noor Khamis
Business tycoon shot dead in Kenya coastal city

A prominent Kenyan businessman was shot dead in Kenya's port city of Mombasa late Friday, police and eyewitnesses said.

Business tycoon shot dead in Kenya coastal city
Chinese millionaire Chen Guangbiao sings "We Are the World" during a lunch he sponsored for hundreds of needy New Yorkers. ©Reuters/Lucas Jackson
NY homeless angry at China tycoon's 'publicity stunt'

A three-course lunch hosted by an eccentric Chinese millionaire for 250 homeless New Yorkers in a posh restaurant degenerated into fury Wednesday when guests were denied $300 cash handouts.

NY homeless angry at China tycoon's 'publicity stunt'
Gina Rinehart. Photo courtesy of mamamia.com
Rinehart still Australia's richest despite losing Aus$2 bn

Mining magnate Gina Rinehart had Aus$2.01 billion (US$1.89 billion) wiped off her fortune in the past year but remains Australia's wealthiest person, an annual rich list showed.

Rinehart still Australia's richest despite losing Aus$2 bn
Richard Rockefeller. Photo courtesy of heavy.com
John D. Rockefeller great-grandson dies in plane crash

Richard Rockefeller, great-grandson of US oil tycoon and philanthropist John D. Rockefeller, died Friday in a plane crash in New York. He was 65.

John D. Rockefeller great-grandson dies in plane crash
Nguyen Duc Kien. ©Reuters/Stringer
Vietnam banking tycoon given 30-year jail term

A Vietnamese court on Monday sentenced a disgraced banking tycoon to 30 years in jail over a multi-million dollar scandal that shocked the nation's already fragile financial markets.

Vietnam banking tycoon given 30-year jail term
Liu Han, former chairman of Hanlong Mining. ©Reuters/Stringer
China sentences mining tycoon to death

A Chinese court on Friday convicted a mining billionaire said to have links with former security tsar Zhou Yongkang of murder and sentenced him to death.

China sentences mining tycoon to death
Nathan Tinkler. ©Reuters/Steve Christo
Australian tycoon sells racing empire to Mideast group

Australian coal tycoon Nathan Tinkler on Wednesday said his thoroughbred breeding and racing empire had been bought by a consortium of local and Middle Eastern parties for an undisclosed sum.

Australian tycoon sells racing empire to Mideast group
Kim Dotcom. ©Reuters/Nigel Marple
Kim Dotcom launches New Zealand political party

Internet tycoon Kim Dotcom, who is battling extradition to the United States, launched his own political party in New Zealand on Thursday campaigning for a "free and fair" society.

Kim Dotcom launches New Zealand political party
Lachlan Murdoch, son of Rupert Murdoch, 21st Century Fox CEO. ©Reuters/Rick Wilking
Prodigal son returns as Murdoch sets succession plan

Rupert Murdoch's prodigal son is back, with key roles in the family's media entertainment empire in what appears to be a succession plan for the 83-year-old tycoon.

Prodigal son returns as Murdoch sets succession plan
Vincent Bollore, CEO of investment group Bollore. ©Reuters/Olivia Harris
Bollore to quadruple electric-car points in Britain

French tycoon Vincent Bollore said Wednesday he aims to introduce a car version of the "Boris Bikes" hire scheme in London, and quadruple the number of electric car-charging points in Britain.

Bollore to quadruple electric-car points in Britain