Jack Ma: English teacher turned internet tycoon

Jack Ma: English teacher turned internet tycoonJack Ma was a cash-strapped Chinese entrepreneur and former English teacher when he convinced friends to give him $60,000 to start a Chinese e-commerce firm called Alibaba in 1999. Almost two decades later, Alibaba is an internet juggernaut and Ma is among the world’s richest men, with a net worth of more than $40 billion, according to the Bloomberg Billionaires Index. Alibaba Group includes Tmall.com for business-to-consumer transactions and Taobao, China’s most popular online consumer marketplace with hundreds of millions of products and services listed.


Source: Yahoo! News

Exclusive: Sanctioned Russian tycoon hands back his private jets

Exclusive: Sanctioned Russian tycoon hands back his private jetsBy Rinat Sagdiev and Polina Ivanova MOSCOW (Reuters) – Russian tycoon Oleg Deripaska has handed back three private jets he was leasing because U.S. sanctions imposed on him last month make it impossible to keep using the planes, the firm retained by the owners to sell the aircraft said on Thursday. The aircraft are Gulfstream executive jets, favored by jet-setting business people for their long range and plush interiors. The return of the aircraft is an indication of how deeply the sanctions have affected Deripaska’s business empire, extending beyond the direct impact on his Rusal aluminum firm, whose sales and supply chains have been heavily disrupted.


Source: Yahoo! News

US tycoon and his wife admit to having sex with model Ivana Smit before she fell to her death

  1. US tycoon and his wife admit to having sex with model Ivana Smit before she fell to her death  NEWS.com.au
  2. Tycoon and wife ‘had threesome with model before she plunged naked to her death from 20th floor balcony’  Mirror.co.uk
  3. Mystery as model had THREESOMES with rich couple before plunging to her death  Daily Star
  4. Full coverage


Source: Google News