businessman

Us Businessman Appeals to Trump After Russia Seizes His $200 Million Food Empire

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Us Businessman Appeals to Trump After Russia Seizes His 0 Million Food Empire

In a plea to President Donald Trump, American entrepreneur Leonid Smirnov has sought intervention in the Russian seizure of his $200 million canned food business, Glavprodukt. What Happened: Smirnov, who fears his company is being systematically dismantled under Russian “temporary management,” has warned of potential repercussions for other US-owned businesses operating in Russia. Russian authorities have … Read more

George Foreman, boxing champion turned businessman, dies at 76

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George Foreman, boxing champion turned businessman, dies at 76

George Foreman, the two-time heavyweight boxing champion who lost to Muhammad Ali in the 1974 “Rumble in the Jungle” and later became a successful entrepreneur, has died. He was 76. Foreman died on March 21 surrounded by loved ones, according to a post on his Instagram account, calling him “a devout preacher, a devoted husband, a loving … Read more

Elon Musk’s companies have billions in federal contracts but also deep ties to China. Trump said it makes him ‘susceptible’ as a businessman 

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Elon Musk’s companies have billions in federal contracts but also deep ties to China. Trump said it makes him ‘susceptible’ as a businessman 

Elon Musk visited the Pentagon Friday for a briefing on China which underscored the billionaire’s steadily growing influence in the Trump administration as well as his businesses’ deep ties to both the federal government and China. Musk was originally meant to receive a briefing on top-secret information related to a potential war with China, The … Read more

Las Vegas Businessman Faces Fraud Charges in $24M Crypto Scheme

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Las Vegas Businessman Faces Fraud Charges in M Crypto Scheme

Las Vegas businessman Brent C. Kovar charged with $24M crypto fraud scheme, facing 330 years prison for deceiving 400 investors with false promises. A Las Vegas businessman, Brent C. Kovar, appeared in court yesterday. He faces multiple charges for running a fraudulent cryptocurrency investment scheme. The fraudulent operation acquired $24 million by obtaining investments from … Read more

Trump announces Emirati businessman will invest $20B in US data centers

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Trump announces Emirati businessman will invest B in US data centers

President-elect Donald Trump today announced that Emirati billionaire Hussain Sajwani will invest $20 billion to build new data centers in the U.S. The investment could eventually “somewhat more than double,” Trump stated during a Mar-a-Lago press conference.  Sajwani is the founder of DAMAC Properties, a major property development company based in the United Arab Emirates. … Read more