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Wednesday, May 25, 2022

Chinese billionaire


Old-school tycoons of Hong Kong are losing to China’s moguls

May 26, 2021 11:26 am

The past few years have seen a remarkable shift in fortunes between China’s tech-savvy moguls and their old-school Hong Kong counterparts -- a trend that shows few signs of fading any time soon.

Chinese tycoon Wang Jianlin who lost $32 billion tries to salvage an empire

March 16, 2021 1:11 pm

Wanda’s Wang Jianlin, who once purchased Spanish soccer club Atletico Madrid as part of the binge-buying and aspired to compete with Walt Disney Co., is still shedding some of those assets. The latest came last week, when Wanda gave up control of AMC Entertainment Holdings Inc., with its stake now representing less than 10% of the world’s largest movie-theater chain.

Chinese billionaire takes 6400 employees to France on paid vacation, sets world record

May 12, 2015 7:18 pm

Chinese billionaire Li Jinyuan took 6400 of his employees on a paid-vacation to France, which included stay in five-stars, privates shows and more fun.

China man denied a bite of Iceland

November 28, 2011 3:11 am

Iceland has blocked a Chinese billionaire’s bid to buy 300 square kilometres of wild heathland following concerns that the vast land sale