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Macau gambling king Stanley Ho dies at 98

HONG KONG (Reuters) — Macau gambling king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia’s richest men, died on Tuesday at the age of 98, state broadcaster China Central Television (CCTV) reported.

The flamboyant tycoon, who loved to dance but advised his nearest and dearest to shun gambling, headed one of the world’s most lucrative gaming businesses through his flagship firm, SJM Holdings Ltd, valued at about $6 billion.

Shares of the companies in the family empire surged after the news. SJM rose as much as 8.5%, passenger transport

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Death of the coffee king: power and money in corporate India

BANGALORE — In early 2019, around six months before his body was retrieved from the Netravati River in the south Indian state of Karnataka, V.G. Siddhartha met with representatives of Blackstone Group, one of the world’s leading investment companies.

Siddhartha was one of the state’s most successful and influential men: the founder of Cafe Coffee Day, India’s answer to Starbucks. He owned 1,700 stores nationwide and 4,500 hectares of coffee plantations. He had stakes in startups, eco-resorts, banana plantations and commercial property.

The jewel of his real estate portfolio was the huge Global Village Tech Park, a 240,000-sq.-meter technology hub

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Death of the coffee king: power, money and influence in corporate India

BANGALORE — In early 2019, around six months before his body was retrieved from the Netravati River in the south Indian state of Karnataka, V.G. Siddhartha met with representatives of Blackstone Group, one of the world’s leading investment companies.

Siddhartha was one of the state’s most successful and influential men: the founder of Cafe Coffee Day, India’s answer to Starbucks. He owned 1,700 stores nationwide and 4,500 hectares of coffee plantations. He had stakes in startups, eco-resorts, banana plantations and commercial property.

The jewel of his real estate portfolio was the huge Global Village Tech Park, a 240,000-sq.-meter technology hub

Read More

The death of the coffee king

BANGALORE — In early 2019, around six months before his body was retrieved from the Netravati River in the south Indian state of Karnataka, V.G. Siddhartha met with representatives of Blackstone Group, one of the world’s leading investment companies.

Siddhartha was one of the state’s most successful and influential men: the founder of Cafe Coffee Day, India’s answer to Starbucks. He owned 1,700 stores nationwide and 4,500 hectares of coffee plantations. He had stakes in startups, eco-resorts, banana plantations and commercial property.

The jewel of his real estate portfolio was the huge Global Village Tech Park, a 240,000-sq.-meter technology hub

Read More