Profiles

Great frauds in history: Meyer Blinder's Blind ’em & Rob ’em
Meyer Blinder
People

Great frauds in history: Meyer Blinder's Blind ’em & Rob ’em

Meyer Blinder’s brokerage firm cold-called unsuspecting punters and pumped shares in fraudulent shell companies while stiffing them with huge commiss…
1 Dec 2020
The authentic magic of Dolly Parton
Dolly Parton
People

The authentic magic of Dolly Parton

Dolly Parton, the warm-hearted chanteuse from Tennessee, blends old-fashioned etiquette with openness and is loved by millions. She also has a very sh…
30 Nov 2020
Great frauds in history: John MacGregor’s dodgy loans
Investment strategy

Great frauds in history: John MacGregor’s dodgy loans

When the Royal British Bank fell on hard times, founder John MacGregor started falsifying the accounts and paying dividends out of capital. The bank f…
22 Nov 2020
Ugur Sahin and Özlem Türeci : the boffins behind the Covid-19 vaccine
People

Ugur Sahin and Özlem Türeci : the boffins behind the Covid-19 vaccine

Ugur Sahin and Özlem Türeci are an unassuming Turkish-German couple who had already made their fortune as biotech entrepreneurs when a strange new vi…
21 Nov 2020
Great frauds in history… William Strahan’s stolen bonds
William Strahan
People

Great frauds in history… William Strahan’s stolen bonds

Eton-educated William Snow, AKA William Strahan, inherited a huge fortune and joined the family bank. On the face of it he was a pillar of respectable…
18 Nov 2020
Ronald Perelman: the billionaire who is downsizing
People

Ronald Perelman: the billionaire who is downsizing

Ronald Perelman acquired a fortune as a dealmaker during the 1980s takeover boom. Now he seems to be quietly selling up.
9 Nov 2020
Great financial disasters in history: the collapse of Overend Gurney
Investment strategy

Great financial disasters in history: the collapse of Overend Gurney

When 18th-century bank Overend, Gurney & Company's business loans started losing around £500,000 a year, it went bust, landing shareholders with a bil…
5 Nov 2020
Cover of MoneyWeek magazine issue no 1022, Friday 23 October 2020

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Donald Kendall: helping Pepsi win the cold war
People

Donald Kendall: helping Pepsi win the cold war

Donald Kendall was there to serve Nikita Khrushchev a Pepsi during a famous cold war détente with Richard Nixon. He went on to become a 20th-century m…
30 Oct 2020
Great frauds in history: Carlton Cushnie’s befuddling Ponzi scheme
People

Great frauds in history: Carlton Cushnie’s befuddling Ponzi scheme

Carlton Cushnie set up a finance company which was valued at an estimated £230m, but made only one trade finance loan in its existence, which actually…
28 Oct 2020
Craig Newmark: the nerd who shook up the media giants
People

Craig Newmark: the nerd who shook up the media giants

Twenty-five years ago, Craig Newmark lost his job at a brokerage and fired off an email to friends. That seeded a venture, Craigslist, that dominates …
26 Oct 2020
Great frauds in history: the Independent West Middlesex Fire and Life Assurance Company's early Ponzi scheme
Investment strategy

Great frauds in history: the Independent West Middlesex Fire and Life Assurance Company's early Ponzi scheme

The Independent West Middlesex Fire and Life Assurance Company (IWM) offered annuities and life insurance policies at rates that proved too good to be…
21 Oct 2020
Mukesh Ambani: the Indian billionaire eyeing global expansion
People

Mukesh Ambani: the Indian billionaire eyeing global expansion

Mukesh Ambani is already the richest man in India by a large margin, but his ambitions do not end there. He wants India to be at the front of the worl…
19 Oct 2020
Great frauds in history... John Factor’s penny-stock scams
People

Great frauds in history... John Factor’s penny-stock scams

John Factor sold worthless penny stocks through a boiler room operation, ramping the price via his financial newsletters. But he was never held to ac…
14 Oct 2020
Mohsin and Zuber Issa : garage tycoons who put Asda in their trolley
People

Mohsin and Zuber Issa : garage tycoons who put Asda in their trolley

The supermarket’s new owners are Mohsin and Zuber Issa, two brothers from Blackburn who started with a rundown petrol station 20 years ago. But their …
8 Oct 2020
Reed Hastings: Netflix founder who looms over Hollywood
People

Reed Hastings: Netflix founder who looms over Hollywood

Reed Hastings turned Netflix – a DVD rental service rejected by Blockbuster – into a global streaming giant that has redefined the entertainment indus…
4 Oct 2020
Great frauds in history: Alan Bond’s debt-fuelled empire
Investment strategy

Great frauds in history: Alan Bond’s debt-fuelled empire

Alan Bond built an empire that encompassed brewing, mining, television on unsustainable amounts of debt, which led to his downfall and imprisonment.
1 Oct 2020
Trevor Milton: big dreamer wakes to a hard reality
People

Trevor Milton: big dreamer wakes to a hard reality

Trevor Milton wanted to be the next Elon Musk, and planned to revolutionise transport with hydrogen-powered trucks. His dreams are unravelling amid al…
27 Sep 2020
Great frauds in history: the Pigeon King’s Ponzi scheme
People

Great frauds in history: the Pigeon King’s Ponzi scheme

Pigeon-fancier Arlan Galbraith claimed to have created a new breed of elite racing pigeon, but his Ponzi scheme defrauded investors of over £200m.
23 Sep 2020
Terence Conran: the man who banished the spam fritter
People

Terence Conran: the man who banished the spam fritter

Terence Conran, who has died aged 88, introduced a country of grey houses and colourless mackintoshes to the dolce vita. He instigated a revolution in…
22 Sep 2020
Great frauds in history: Martin Grass’s debt binge
Investment strategy

Great frauds in history: Martin Grass’s debt binge

AS CEO of pharmacy chain Rite Aid. Martin Grass borrowed heavily to fund a string of acquisitions, then cooked the books to manage the debt, inflating…
16 Sep 2020
Daniel Loeb: fiery activist goes on a buying spree
People

Daniel Loeb: fiery activist goes on a buying spree

Daniel Loeb is known as a sharp-tongued investor who buys stakes in companies and then shakes them up. But the pandemic caught him flat-footed and he …
14 Sep 2020
Great frauds in history: how Joyti De-Laurey became “the Picasso of con artists”
People

Great frauds in history: how Joyti De-Laurey became “the Picasso of con artists”

Joyti De-Laurey forged the signatures of her bosses at Goldman Sachs and started writing cheques to herself. Over many years, she netted £4.3m.
10 Sep 2020