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All posts tagged "Billionaire"

Billionaire who floated Trump's $175 million fraud bond says he 'didn't charge enough'

Billionaire who floated Trump's $175 million fraud bond says he 'didn't charge enough'

The billionaire white knight who swooped in to cover the $175 million surety civil fraud bond to assist Donald Trump is feeling a little buyer's remorse for assessing such bargain basement fees.

On April 1, former President Donald Trump via billionaire Don Hankey, who owns the Knight Speciality Insurance Company (KSIC), reportedly met the obligation to secure the $175 million bond before the deadline while he fights the $464 million disgorgement ruling made by Manhattan Supreme Court Justice Arthur Engoron.

"We thought it would be an easy procedure that wouldn't involve other legal problems and it's not turning out that way," Hankey told Reuters, voicing his strain over the speed bumps his offering has encountered not disclosing the amount of fees charged. "We probably didn't charge enough."...

Trump gives shoutouts to two disgraced business figures after winning N.H. primary

Trump gives shoutouts to two disgraced business figures after winning N.H. primary

After winning New Hampshire's primary, former President Donald Trump took a bow for winning the Nevada primary (which hasn't happened yet) and then pointed to two people in the crowd in Nashua: casino mogul Steve Wynn and subprime mortgage billionaire John Paulson.

"I'm pleased to announce we just won Nevada," he said to cheers. Then he scoped the crowd trying to find the VIPs.

"We have a man from Nevada here... Steve Wynn wherever he may be," said Trump. "And John Paulson, the great John Paulson."...

Facebook puts six on Forbes billionaire list

Facebook puts six on Forbes billionaire list

NEW YORK (Reuters) - Facebook not only made household names out of its founders thanks to the movie "The Social Network" -- it has also minted the latest crop of the richest people on the planet.