Word: tycoons
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...three tatami mats. On Jan. 23, a week after investigators from the Tokyo District Court Public Prosecutor's Office raided the headquarters of Livedoor, the Internet company Horie founded a decade ago, he and three other executives were arrested on suspicion of securities fraud. The 33-year-old tycoon has since resigned as CEO, leaving his company in disarray, its stock down 80% since the raid. The question now: Will the rough-and-tumble style of capitalism that Horie pioneered be another, more far-reaching casualty of this debacle...
...early life had been scarred by the tragic death of her mother, Christina Onassis, and circumscribed by the pressures of enormous wealth - an estimated $600 million she picked up as sole heiress to her mother's fortune. Even so, Athina, the last direct descendant of the legendary Greek shipping tycoon Aristotle Onassis, had reason to expect more last weekend. She grew up believing she would inherit the remainder of her family's fortune - in excess of $1 billion - and assume a hereditary role at the helm of the Alexander S. Onassis Foundation, an organization managing corporate and charitable operations...
...chance," says Yiannis Aletras, an Athens-based lawyer who has represented Thierry Roussel. "Who's to say her grandfather, however shrewd a businessman, would not have given her that chance at the foundation - even as an honorary member?" Those old enough to remember the pugnacious and unsentimental tycoon may doubt that's true. Yet if his granddaughter has inherited even a touch of his spirit, she won't be giving up her fight anytime soon...
...DIED. KERRY PACKER, 68, brash Australian tycoon whose $5 billion fortune made him the country's richest person; in Sydney. Packer took over his family's media empire, Publishing and Broadcasting Ltd., in 1974, and expanded it into areas including gambling, real estate and gemstone exploration. His TV-friendly World Series Cricket, with shorter matches, colorful uniforms and night games, helped revitalize public enthusiasm for the sport. Packer suffered a heart attack in 1990 and was dead for eight minutes before being revived, later prompting him to tell a talk-show host, "The good news is there's no devil...
...reason: “Every time a celebrity kills his wife, you say to yourself, ‘Hey, I’m gonna meet that guy,’” he said, alluding to his father’s role in defending Simpson and British tycoon Claus von Bülow. Mitchell D. Webber, a Law School student who works as a research assistant for Dershowitz, said the famed attorney inspired him to become a lawyer. But he also poked fun at Dershowitz’s teaching style and notorious outspokenness. “Letters addressed...