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Businessman News

Bankrupt businessman hid his mansion in a shed

A fraudster in the United Kingdom who hid his mansion in a farm shed has been sentenced to jail time for drugs and money laundering offenses.

Virginia governor and wife 'Guilty' on multiple charges

Richmond - Virginia's 71st governor, Bob McDonnell and his wife, Maureen were convicted today by a federal jury on multiple public corruption charges in U.S. District Court in Richmond. The verdict was reached after three days of deliberations.

Businessman Pays $2.1 million for Lunch with Buffet, Banks More

Chinese businessman Zhao Danyang paid $2.1 million in a charity auction for a three-hour lunch with Warren Buffet. The lunch ended up banking him more than $14 million.

Space tourism race plays out in China

Now an adviser to British-based Virgin Galactic says a businessman from eastern China's Zhejiang province will be among the first 100 passengers for Virgin's SpaceShipTwo suborbital rocket plane.

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