Billionaires
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Every spring hundreds of yachts migrate from the Caribbean to the Mediterranean and some of them do it by boat, reports CNBC's Robert Frank.
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In the highly personal interview, the cable magnate talked about his wealth, his land holdings and the one toy he does enjoy: Barry Diller's yacht.
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*Canary Wharf now rivals the old City of London in clout. LONDON, April 16- Where a maze of derelict warehouses and old cranes once testified to Britain's decline, glass skyscrapers teeming with traders now dominate London's docks, a metaphor- for good and ill- for Margaret Thatcher's free-market revolution.
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DONDO, Mozambique, April 16- Mozambique's transport system offers a cautionary tale to African mining ventures, as investors play poker with the government over fixing links that remain shambolic two decades after its civil war.
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April 16- Billionaire investor Carl Icahn has agreed to limit his investment in Dell Inc and in return can team up with other shareholders on a potential bid for the personal computer maker, Dell said on Tuesday.
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The agreement with Icahn states that the activist investor would not make purchases that would cause him to own over 10 percent of Dell's shares or sign deals with other shareholders who, together with the Icahn entities, would collectively own more than 15 percent, Dell said on Tuesday.
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MOSCOW, April 16- Russian billionaire Mikhail Fridman's Altimo launched on Tuesday an offer to buy out minority shareholders in Egypt's Orascom Telecom for around $1.8 billion. Cairo- based Orascom Telecom, a heavyweight on the Egyptian Stock Exchange, is controlled by Russia's Vimpelcom, which together with subsidiaries owns 51.92 percent.
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TOKYO, April 16- Masayoshi Son, billionaire founder of Japanese mobile carrier SoftBank Corp, is expected to stay in the battle for U.S. wireless service provider Sprint Nextel Corp- even though he could walk away with more than $3.5 billion in gains from currency hedging, a convertible bond and break-up fee.
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TOKYO, April 16- Masayoshi Son, billionaire founder of Japanese mobile carrier SoftBank Corp, is expected to stay in the battle for U.S. wireless service provider Sprint Nextel Corp- even though he could walk away with more than $3.5 billion in gains from currency hedging, a convertible bond and break-up fee.
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*Gold briefly rebounds before falling further on US explosion news. NEW YORK/ LONDON, April 15- The price of gold bullion tumbled another $125 per ounce on Monday in its biggest-ever daily loss, as investors liquidated bullish bets en masse after months of disappointment over the performance of the precious metal.
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*Gold briefly rebounds before falling further on US explosion news. NEW YORK/ LONDON, April 15- The price of gold bullion tumbled 9 percent in heavy trade on Monday, and shed more $125 per ounce in its biggest-ever daily loss, as investors ditched the precious metal en masse in search of better returns.
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April 15- Charlie Ergen, who has never shied away from risky bets and legal battles as the chairman of Dish Network now finds himself in the biggest gamble of his career with a $25.5 billion offer for Sprint Nextel Corp.. In January, Dish made a $2.3 billion bid for Clearwire, a U.S. wireless company.
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The recent birth of a daughter to Roman Abramovich and his girlfriend helps explain why the Russian billionaire has kept his mega-yacht docked on Manhattan's West Side.
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Higher than expected tax revenues resulting from outsized gains by the wealthy in 2012 could ease the budget pressures in Washington — or stoke arguments over taxes and spending.
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April 15- Dish Network Corp, the No. 2 U.S. satellite television provider, has offered to buy Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could thwart the proposed acquisition of Sprint by Japan's SoftBank Corp.. The deal, if approved, might also resolve a struggle between Sprint and Dish for control of wireless provider Clearwire Corp.
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A new study is turning the American dream on its head: Maybe it's not hard work that brings success and money. Maybe it's sheer brainpower.
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That'll give him something to wine about: A judge awarded a billionaire $12 million after a tech entrepreneur sold him vintage wine that turned out to be fake.
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A new study from Duke University shows that 45 percent of billionaires are in the top 1 percent of intelligence, with the "Power Lunch" crew and Business Insider's Henry Blodget.
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NEW YORK, April 12- When big dollars are at stake in a divorce settlement- a situation faced by billionaire oilman Harold Hamm after his headline-grabbing breakup- the litigation tends to drag on for months, if not years.
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*JAB aims to close gap on coffee leaders Nestle, Mondelez. AMSTERDAM, April 12- German investor Joh A Benckiser is to buy the owner of Douwe Egberts coffee in a 7.5- billion-euro deal to create a global hot drinks empire aimed at taking on market leaders Nestle and Mondelez.
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AMSTERDAM, April 12- German investor Joh A Benckiser is to buy the owner of Douwe Egberts coffee in 7.5- billion-euro deal to bolster its position in a hot drinks industry driven by innovation and emerging market growth.