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French telecom magnate adds to Ukraine holdings with Datagroup provider after lifecell acquisition

NJJ Capital, owned by French billionaire Xavier Niel, is buying the assets of Datagroup Holding Limited, a national fixed-line and digital services provider, news agency Interfax-Ukraine reported on Feb. 13, citing the response of Ukraine’s Antimonopoly Committee (AMCU). ....

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French billionaire to donate his fortune to a gardener! All about the heir of Hermès fashion dynasty Nicolas Puech

Nicolas Puech, an unmarried billionaire and heir to the iconic Hermès fashion dynasty, is making headlines for his unconventional decision to adopt his 51-year-old gardener. ....

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Kyutai is a French AI research lab with a $330 million budget that will make everything open source

This morning at Scaleway’s ai-PULSE conference, French billionaire and Iliad CEO Xavier Niel gave some extra details about his plans for an AI research lab based in Paris. It will work with PhD students, postdocs and researchers on research papers and open source projects. When Iliad originally unveiled this research lab, the firm said that Niel was committing €100 million to this project ($109 million at today’s exchange rate). ....

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Europe's richest man Bernard Arnault investigated for alleged money laundering

Europe’s richest man and a Russian oligarch are being investigated for alleged money laundering at an Alpine resort known as a playground for the super-rich. ....

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French billionaire investigated in money laundering probe

French billionaire Bernard Arnault and Russian oligarch Nikolai Sarkisov are under investigation for alleged money laundering at a luxury Alpine resort, according to Paris prosecutors.The French economy ministry's financial intelligence unit is leading the investigation, but has yet to determine whether any crime had been committed, a source close to the investigation told AFP.
French daily Le Monde, citing the Tracfin financial intelligence unit, reported that the 55-year old Russian billionair ....

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