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Mystery $50 billion Chinese medical fortune collapses in days
A little-known Chinese medical firm with minimal profits experienced an unprecedented surge in stock value, resulting in a financial impact estimated at around $50 billion before r...
Read Full Article →Revolut CEO ‘could get multibillion-dollar windfall if its value passes $150bn’
Nik Storonsky stands to receive a substantial financial reward contingent on Revolut’s valuation increasing significantly from its current estimated worth, reflecting a performance...
Read Full Article →Who’s the boss? The ousted car sales tycoon versus his private equity investor
The conflict between Peter Waddell and his private equity backer highlights the financial risks and power struggles that can emerge when rapid business growth intersects with leade...
Read Full Article →Telegram's CEO will leave his multi-billion-dollar fortune to his 100-plus children
Pavel Durov plans to transfer his vast wealth to his numerous offspring while restructuring Telegram as a nonprofit to maintain the platform’s autonomy and commitment to free expre...
Read Full Article →Crypto user loses $6.9M to a cold wallet from China’s TikTok
An individual suffered a substantial financial loss after transferring cryptocurrency to an insecure digital wallet, highlighting the risks of prioritizing cost savings over securi...
Read Full Article →Entertainment company acquires exclusive rights to story of Brit’s lost $800 million bitcoin fortune
An entertainment firm has secured exclusive rights to the story of a British individual's lost $800 million bitcoin fortune, covering a docuseries, podcast, and various social medi...
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