Business diary

The billion-dollar donors

By Candice Krieger, February 5, 2009

Michael Bloomberg, the mayor of New York, gave away $235m last year, making him the leading living donor in the US — and probably the world. The self-made billionaire of Bloomberg, the financial firm, contributed to more than 1,200 organisations, according to the Chronicle of Philanthropy’s recent list.

Stephen Schwarzman, co-founder of the Blackstone Group, donated $105m while casino billionaire Sheldon Adelson pledged $41.9m, mostly to the Birthright Israel Foundation.

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Property players game for O2

By Candice Krieger, February 5, 2009

Anthony Lyons and Simon Conway’s Matterhorn Capital are reportedly in talks to buy the 02 Centre in North London for around £100m, according to Property Week. X-Leisure, the leisure fund managed by Hermes and asset managed by Capital & Regional, put the site on the Finchley Road, which includes an eight-screen Vue cinema, up for sale last autumn.

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Sale on menu at RoadChef

By Candice Krieger, February 5, 2009

Delek Group, the Israeli firm controlled by billionaire Yitzhak Tshuva, is set to sell RoadChef, the motorway services chain it acquired for £375m in 2007. It is not clear why the Israeli group is selling the company, which operates around 30 motorway service stations that feature Premier Travel Inns and the Wimpy burger chain, but the company might be forced to sell for less than half the purchase price. Perhaps Tshuva is eyeing up a more kosher alternative.

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Baron Cohen leaves £2m

By Candice Krieger, February 5, 2009

Judith Baron Cohen, of London NW11, left £2.6 million in her will.

Ms Baron Cohen, a family therapist and active fundraiser for cancer research, left a share of her estate to the late Bessie Greenblatt Cancer Research Fund at the Hebrew University in Jerusalem, in addition to the Miriam and Morris Baron Cohen Ethiopian Fund at the Hebrew University in Jerusalem.

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Show me the money

By Candice Krieger, January 29, 2009

Fancy making a quick buck? A selection of some of the nation’s best deal makers will be at Mayfair’s Cavendish Conference Centre in London today to reveal their top money-making strategies.

Apparently, online traders are experiencing a boom. According to one of the day’s organisers, contrary to the opinion of the largely misinformed public, this is not just a great time to be a trader — it is actually the best time in years. He says: “Market conditions have never being more suited for someone with a little knowledge, a computer and a broadband connection.”

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SIr Alan hires Premier Inn

By Candice Krieger, January 29, 2009

Sir Alan Sugar’s former Amstrad offices in Brentwood are to become a hotel. Sir Alan is relocating his offices to Loughton and a 25-year lease at an undisclosed rent has been agreed with Premier Inn and Sir Alan’s property company Amsprop, to redevelop the space into a 120-room hotel.

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Europe’s top entrepreneur

By Candice Krieger, January 29, 2009

Tel Aviv’s Tal Chalozin has been crowned Europe’s best young entrepreneur by industry magazine BusinessWeek.

The 27-year-old is the co-founder and chief technology officer of Tel Aviv-based startup Innovid, a technology firm set to revolutionise the way you can advertise on the web. It allows producers to insert live, clickable objects into digital videos.

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It’s looking Peachy for Pears

By Candice Krieger, January 29, 2009

The time is ripe for the William Pears Family Holdings, one of the UK’s largest privately owned property groups.

They are reportedly boasting an 11 per cent rise in turnover. The business, which is run by philanthropic brothers; David, Trevor and Mark Pears, posted sales up from £124m to £138m. The group recently bought management firm Trillium from Land Securities.

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Looking for business’s best

By Candice Krieger, January 22, 2009

An organisation that supports British businesses is searching for Anglo-Jewry’s top business person. TraidE has launched its Jewish Business Awards to recognise particularly enterprising members of the Jewish community. The awards are the brainchild of Shraga Zaltzman, the managing director of TraidE. Categories include: business of the year, employee of the year and employer of the year. Prospective candidates should visit www.traidE.org.uk to apply or nominate someone.

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Looking for business’s best

By Candice Krieger, January 22, 2009

An organisation that supports British businesses is searching for Anglo-Jewry’s top business person. TraidE has launched its Jewish Business Awards to recognise particularly enterprising members of the Jewish community. The awards are the brainchild of Shraga Zaltzman, the managing director of TraidE. Categories include: business of the year, employee of the year and employer of the year. Prospective candidates should visit www.traidE.org.uk to apply or nominate someone.

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