As a boy in an impoverished South African village during the apartheid era, Patrice Motsepe watched his mother giving free food to the poorest customers of their small grocery store. It was a lesson he never forgot, even when he made history by becoming South Africa’s first black billionaire. Ranked the eighth-richest man on the [...]
Rupert Murdoch Slams Romney on Twitter
July 2, 2012 | Posted by
Global media mogul Rupert Murdoch is not disguising his disgust with Republican challenger Mitt Romney, attacking Romney on Twitter for his weak response to President Obama’s immigration announcement and his inadequate team of aides. With U.S. media properties that include Fox News, the Wall Street Journal and the New York Post, Murdoch is a man [...]
Memphis Grizzlies Sold to Billionaire Robert Pera
June 11, 2012 | Posted by
After two consecutive trips to the playoffs and a return to respectability in the Western Conference, Michael Heisley has at last found a buyer to purchase the Memphis Grizzlies. The Grizzlies, confirming an earlier ESPN.com report, announced Monday that Heisley has entered into a sale agreement with Robert J. Pera, founder and CEO of the [...]
