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Asia's Richest Tycoon Announces Business Empire Overhaul
2015-01-09 12:39:48| Real Estate - Topix.net
Hong Kong billionaire Li Ka-shing, who has been Asia's richest person for nearly two decades, Friday announced a reorganization of his sprawling ports-to-mobile phone conglomerate into two new listed companies. Li and members of his family control Hong Kong-listed Cheung Kong and its affiliate Hutchison Whampoa.
Tags: business
empire
announces
overhaul
Oil tycoon: I'm too broke for $1 billion divorce
2015-01-01 03:34:44| Electronics - Topix.net
A billionaire oil tycoon, who just last month agreed to pay $1 billion after a highly contentious divorce, now says it's no longer fair to ask him to pay out the big bucks because his wallet has been hit so hard by falling oil prices. Hamm's oil business Continental Resources was worth big bucks during the 26-year marriage because of rising oil prices but now, with oil at about $60 a barrel , the company's value has taken a hit, along with his wealth, he says.
Tags: oil
billion
broke
divorce
Hong Kong property tycoon jailed
2014-12-23 06:35:02| BBC News | Business | UK Edition
Hong Kong property tycoon Thomas Kwok is sentenced to five years in jail and fined $64,440 (41,327) for corruption.
Tags: property
hong
kong
hong kong
HK tycoon found guilty of corruption
2014-12-19 09:59:33| BBC News | Business | UK Edition
Hong Kong property tycoon Thomas Kwok and a former government official have been found guilty in the city's biggest-ever corruption case.
Tags: found
guilty
corruption
tycoon
Oil Tycoon Harold Hamm Has Lost More Than Half His Fortune In 3 Months
2014-12-02 13:01:21| Electronics - Topix.net
Hamm is the CEO and founder of Continental Resources, an exploration company that owns 1 million acres in North Dakota's Bakken oil field. According to Bloomberg, Hamm has seen the value of his shares in the company fall by more than $12 billion since August.
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