Sergey Galitskiy took less than two decades to build OAO Magnit from scratch into Russia’s retail leader. With the wealth that’s brought him, the billionaire is training local kids to challenge the country’s soccer elite.
Gibson, Dunn & Crutcher LLP counseled Tri Pointe Homes Inc., a developer backed by investor Barry Sternlicht, in its deal to buy Weyerhaeuser Co.’s residential real estate unit in a transaction valued at about $2.7 billion.
Brazil’s plans to reform soccer after decades of mismanagement won’t include an English Premier League-style model because it would weaken the national team, according to the government official overseeing the sport.
Arkady Abramovich, the 19-year-old son of Chelsea Football Club owner Roman Abramovich, bought a Siberian oil field, seven years after his father sold his Russian crude producer to OAO Gazprom for $13 billion.
Linc Energy Ltd. is looking to expand its partnership with Roman Abramovich, after announcing a deal today with the billionaire owner of Chelsea Football Club to evaluate a gas-to-liquids fuel development in Russia.
Suleiman Kerimov amassed a net worth of $18 billion betting mainly on shares of companies controlled by Vladimir Putin only to gamble away the bulk of that on Morgan Stanley and other banks during the global financial crisis.
Linc Energy Ltd., the Australian company studying a gas-to-liquids venture in Russia with billionaire Roman Abramovich, said it plans to raise money selling shares in a move to Singapore’s stock exchange and flagged its intention to buy coal assets.