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Vietnamese property tycoon jailed for life in $17 billion money laundering case has sentence cut to 30 years—but she still faces death penalty in another case

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A Vietnamese property tycoon who was jailed for life in a $17-billion money laundering case had her sentence cut to 30 years on appeal on Monday after she claimed what happened was “an accident”. Property developer Truong My Lan had already lost a challenge against the death penalty in a separate case in which she … Read more

SpaceX to launch first polar orbit crewed mission backed by Bitcoin mining tycoon

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Elon Musk’s SpaceX will send a four-person crew on a polar orbit mission, funded by the founder of the Bitcoin mining pool F2Pool, Chun Wang. A crew of four is preparing for an unusual journey into space, one that no human has attempted before: flying directly over the Earth’s North and South Poles. The mission, … Read more

Meet the 20th-century media tycoon who would have parried Trump’s isolationist thrust—and not cowered in fear of retaliation

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 “In its failure to grasp this relationship between America and America’s environment lies the moral and practical bankruptcy of any and all forms of isolationism. It is most unfortunate that this virus of isolationist sterility has so deeply infected an influential section of the Republican Party. For until the Republican Party can develop a vital … Read more

Steel tycoon Lakshmi Mittal plans to leave UK after non-dom tax change

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Steel tycoon Lakshmi Mittal is preparing to leave the UK in response to a government crackdown on non-domiciled residents, making him one of the wealthiest entrepreneurs to move because of the tax reform. The Indian … Read more

Hotel tycoon warns against one major character flaw to avoid

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Ho Kwon Ping, 72, is the executive chairman of Banyan Group. Bloomberg | Bloomberg | Getty Images Building a business is not for the faint of heart, and many of those who dare to take the chance share one trait: self-confidence. That’s according to hotel tycoon Ho Kwon Ping, 72, the founder and executive chairman … Read more

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