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Word: tycooning (lookup in dictionary) (lookup stats)
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...Thaksin, who has lived in exile since his ouster, quickly upped the confrontational ante. On June 11, a government-appointed investigative committee announced it had ordered the freezing of $1.6 billion in domestic bank deposits belonging to the former tycoon and his family, alleging corruption in several government projects overseen by Thaksin. The exiled leader, who has denied any wrongdoing, suggested the following day that he may return to Thailand to fight the charges-and perhaps re-enter politics. The prospective homecoming of Thaksin is likely to inflame tensions between civilian protestors and the military government, further damaging the country...

Author: /time Magazine | Title: Upping the Ante | 6/14/2007 | See Source »

...playground for Angola's new oil oligarchs. Its white shoreline, 10 minutes south of Luanda's new yacht club, is teeming with power boats and jet skis. "That guy likes to bring people here in his helicopter," says Valdemir, a fisherman, pointing to the house of a local tycoon...

Author: /time Magazine | Title: Africa's Oil Dreams | 5/31/2007 | See Source »

...WEALTH $38 billion Fortune of steel tycoon Lakshmi Mittal, the richest man in Britain according to the Sunday Times list of the country's wealthiest people. Born in India, Mittal has made his home in the U.K. since 1995 4 Number of the five richest people in Britain who were not born in the U.K.; the Duke of Westminster, with an estimated worth of $12 billion on the 2006 list, comes in fifth behind foreign-born residents such as Mittal and Russian billionaire Roman Abramovich...

Author: /time Magazine | Title: Verbatim | 4/26/2007 | See Source »

...money into their local team in the hope of boosting their social standing, not its bottom line. Even Manchester United, English football's most successful team in the last decade, was led through much of the '60s and '70s by an enterprising local butcher. (Not so these days: U.S. tycoon Malcolm Glazer, owner of the Tampa Bay Buccaneers National Football League franchise, swallowed the club...

Author: /time Magazine | Title: The Goal Rush | 4/26/2007 | See Source »

...possible to change this regime through democratic means. There can be no change without force, pressure.' BORIS BEREZOVSKY, exiled Russian billionaire, claiming that he was funding an attempt to oust Russian President Vladimir Putin. The Kremlin has called for Britain to strip the tycoon of his refugee status there and to extradite him to Russia

Author: /time Magazine | Title: Verbatim | 4/19/2007 | See Source »

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