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Rich and Famous

Huawei CFO Meng Wants Extradition Case Thrown Out – Here’re Her Lawyers’ Three Arguments In Court

Huawei’s CFO (Chief Financial Officer), Sabrina Meng Wanzhou, appears to be preparing for a long legal fight against extradition to the United States. The princess of Huawei is ready to move from her C$5 million (US$3.7 million; £2.8 million; RM15.4 million) six-bedroom house to her newly renovated C$13 million (US$9.6 million; £7.4 million; RM40 million) […]

... written on May 10 2019

After Calling Johor Crown Prince “A Stupid Little Boy”, Mahathir May Target The Royal House’s Business

Johor Crown Prince Tunku Ismail Sultan Ibrahim should have kept his mouth shut and let the 93-year-old Mahathir completes his premiership. It would be easier to intimidate PM-in-waiting Anwar Ibrahim than PM Mahathir Mohamad, the old political “war horse”. The junior should know that the old man thrives when challenged, especially from the monarchy.   […]

... written on May 07 2019

Here’s How Much Cash Billionaires Bill Gates & Warren Buffett Carry In Their Wallets

Bill Gates and Warren Buffett are good buddies. Both are billionaires – Gates is the world’s second richest man (Forbes: US$101.7 billion) while Buffett the third richest man (Forbes: US$89.2 billion). Although Gates owns just over 1% of shares in Microsoft, the software company he founded with Paul Allen in 1975, he remains a board […]

... written on May 01 2019

National Service – Genting Buys Equanimity For $126 Million, Jho Low’s Effort To Scoop Back His Toy Cheaply Fails

Not many people like buying stolen goods, let alone one as huge as Equanimity, the superyacht once belonged to Jho Low (full name: Low Taek Jho). Although the luxury boat was not physically stolen, it was bought by Mr. Low for an eye-popping US$250 million (RM1 billion) using money stolen from 1MDB (1Malaysia Development Berhad). […]

... written on Apr 03 2019

Here’re Some Financial Secrets Revealed As Saudi Aramco Raises Money Through $10 Billion Bond Sale

Very little was known about Saudi Aramco, the world’s biggest oil producer. Now, as the organization that produces about 10% of the world’s crude raises cash from the international financial market through bond sales, its financial secrets have slowly emerged. As part of a global roadshow, Aramco is now forced to reveal secrets closely guarded since […]

... written on Apr 02 2019

Fake News Blogger Raja Petra “Kowtow” To Billionaire Jack Ma – Removes Article After Lawsuit Threat

Raja Petra Kamarudin (RPK), the owner of the Malaysia Today portal, has immediately removed an article titled “Jack Ma slaps Pakatan Harapan” upon receiving an official letter to cease and desist from Alibaba Group. The letter bearing Alibaba letterhead and dated March 28, 2019, was signed by Albert Liu, VP and Deputy General Counsel of […]

... written on Mar 29 2019

Here Are The World’s Top-25 Most Powerful Countries For The Year 2019

The United States, as expected, has retained its spot as the most powerful country in the world in 2019. Considered to be the most powerful country, the U.S. has the world’s largest economy and biggest military budget, splashing over US$610 billion on military hardware and personnel in 2017. The country is also the leader in the so-called […]

... written on Mar 04 2019

“You Cannot Crush Us” – Huawei Founder Warned About Shifting Investment From The U.S. To U.K.

Huawei founder Ren Zhengfei lives a quiet life and keeps an ultra-low profile despite his massive wealth. It would take the arrest of his daughter, 46-year-old Huawei chief financial officer Sabrina Meng, to make him active and starts expressing his opinion. Essentially, the world’s largest telecom-gear maker faced its worst ever crisis as the superpower […]

... written on Feb 19 2019

The Biggest Sucker – Saudi Crown Prince’s $450 Million “Leonardo da Vinci” Painting Most Likely Fake

On December 2017, the world was left speechless after Leonardo da Vinci’s “Salvator Mundi” – dating back to 1500 – was sold to a mysterious buyer who splashed a mind-boggling US$450.3 million. The “Salvator Mundi,” which means “Savior of the World”, depicts Christ as a Renaissance man dressed in flowing blue robes.   The mysterious wealthy buyer was exposed […]

... written on Feb 18 2019

The Rich Getting Richer – Here’s How Amazon Pays “Zero Dollar” In Taxes, Despite $11.2 Billion Profits

Amazon.com is worth a staggering US$800 billion. It became the second company to reach a stock market value of US$1 trillion just weeks after Apple hit the same milestone. Its stock price is above US$1,600 a share. The company’s CEO and founder – Jeff Bezos – is not only the world’s richest man with a net worth […]

... written on Feb 15 2019









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