American media executive Byron Allen has realised a substantial gain, selling his entire 10.7% stake in premium cable network Starz for close to $45 million, securing nearly $20 million in profit in roughly six months.
Palantir co-founder Joe Lonsdale is backing Safer Human Medicine, a startup planning to breed 30,000 monkeys for medical research. This investment aims to alleviate a critical global shortage of non-human primates.
Stephen Cloobeck, the prominent founder of Diamond Resorts International, has had his Beverly Hills mansion raided by the FBI in connection with an ongoing investigation into former US Congressman Eric Swalwell.
AXIAN Group, led by Madagascar billionaire Hassanein Hiridjee, has secured $62.3 million in long-term financing from FMO for its 50-megawatt Kong Solaire photovoltaic plant in Ivory Coast.
Nigerian oil tycoon Folorunsho Alakija has threatened legal action and demanded the retraction of a report alleging her company, Famfa Oil, is under investigation for a $1.27 million fraud.
