One of Britain’s electricity grid operators pays billionaire owner £237m dividend for second year in a row By Daily Mail City & Finance Reporter Published: 16:50 EDT, 1 August 2021 | Updated: 16:50 EDT, 1 August 2021 One of Britain’s electricity grid operators has paid its billionaire Hong Kong owner a £237m dividend for the … Read more
Football chairman Steve Gibson’s chauffeur mistakenly sent the tycoon’s wife Polly a text calling her ‘f***nuts’ and saying she was ‘taking the p***’ – but tribunal rules sacking him was unfair Gerry Glover, 53, said Polly Gibson was ‘taking the p***’ when she asked for a lift He claimed the messages were about his dog … Read more
Three Bitcoin tycoons who founded Blockchain.com are believed to be worth hundreds of millions after their cryptocurrency firm was valued at £3.8billion. Founders Peter Smith, Nicolas Cary and Ben Reeves are thought to have kept considerable stakes in the company, which monitors crypto transactions and traces its beginnings to a ‘small, crowded’ two-bedroom flat in … Read more
Billionaire petrol station tycoons the Issa brothers and their private equity backers have today completed their £6.8billion acquisition of Asda, returning the supermarket giant to British ownership after more than 20 years. The EG Group, owned by Mohsin and Zuber Issa, previously reached an agreement to acquire the chain from Walmart. The deal, which is … Read more
Billionaire petrol station tycoons the Issa brothers and their private equity backers have today completed their £6.8billion acquisition of Asda, returning the supermarket giant to British ownership after more than 20 years. The EG Group, owned by Mohsin and Zuber Issa, previously reached an agreement to acquire the chain from Walmart. The deal, which is … Read more
Billionaires seize control of UK’s largest pubs group: Caribbean-based tycoons ride to rescue of Mitchells & Butlers By Tom Witherow For The Daily Mail Published: 21:51 GMT, 15 February 2021 | Updated: 21:51 GMT, 15 February 2021 A group of super-rich tycoons based in the Caribbean has seized control of Britain’s biggest listed pub chain. … Read more
The coronavirus has triggered the worst global economic crisis for nearly a century. But that has not prevented some entrepreneurs, tycoons and investors from making spectacular multi-million pound jackpots through floats, bids and deals. In the thick of the pandemic, tech companies have made blockbuster stock market debuts and private equity has swooped on British … Read more
A new TV series is giving a rare glimpse inside some of the most lavish homes in the UK, including a Mayfair mansion so grand it has its own life and a Devon stately home that dates back to the Domesday Book. Sally Lindsay’s Posh Sleepover, which debuts on Channel 5 this Saturday at 7pm … Read more
Tycoons cash in £250m as shares in ecommerce business Hut Group surge following last year’s London float Scottish tycoon Sir Tom Hunter was an early backer of the ecommerce business He bagged another £32m having sold £52.5m of stock when it listed in 2020 A number of other smaller shareholders also sold some stock By Lucy … Read more
How David Walliams lent his voice to The Ivy restaurant tycoon’s war on child hunger by backing a campaign to serve thousands of nutritious meals to Britain’s most deprived youngsters TV star and author is backing campaign by the restaurant tycoon Richard Caring The campaign ensured 80,000 free meals were delivered to children last month … Read more