Primrose Riordan
Companies Reporter at Australian Financial Review
Journalist @FinancialReview covering wealthy families and their businesses. Fmr China correspondent and foreign affairs reporter [email protected]
Articles
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1 week ago |
afr.com | Primrose Riordan
May 8, 2025 – 9.00am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Perth gambling billionaire Laurence Escalante told investors to sell their shares in his online gaming business Virtual Gaming Worlds if they don’t trust him, in an expletive-ridden response to concerns about diminishing disclosure. The outburst is Escalante’s second within the past few weeks.
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1 week ago |
afr.com | Primrose Riordan
May 7, 2025 – 12.05am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? MA Financial has partnered with Japanese banking giant Sumitomo Mitsui and US lender Monroe Capital to invest $US1.7 billion ($2.63 billion) in US mid-market corporate borrowers, saying lenders are looking to diversify their books.
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2 weeks ago |
afr.com | Max Mason |Primrose Riordan |Sarah Thompson
Jon Adgemis is bunking down in a Bondi apartment owned by billionaire fund manager Will Vicars, as he battles the threat of bankruptcy and the eviction of his family from a house in Sydney’s wealthy eastern suburbs. Adgemis, a former KPMG deal maker turned pub owner, lost a key court battle last week against Monaco-based rag trader Richard Gazal, which threatens to bankrupt him. The two men are in dispute over money Adgemis owes to Gazal, now $26 million including interest. Loading...
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3 weeks ago |
afr.com | Primrose Riordan
LMCT+’s Adrian Portelli, Virtual Gaming World’s Laurence Escalante and Stake.com’s Ed Craven are relatively young and have become extraordinarily rich from their expanding businesses in the grey area of gambling and gaming. According to last year’s Financial Review Rich List, Portelli is worth $1.29 billion, Escalante’s wealth sits at $3.75 billion and Craven’s fortune is estimated at $4.51 billion. Loading...
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1 month ago |
afr.com | Primrose Riordan
Apr 14, 2025 – 5.58am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? It was nearly three decades ago. The world was spinning on a different axis. Media mogul Kerry Stokes was attuned to a different geopolitical beat. Stokes had picked up a large stake in US film studio Metro-Goldwyn-Mayer, or MGM, just before it was about to release the thriller Red Corner.
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RT @TheIdiotTax: Absolutely, we can to speak to the kids! https://t.co/qadiXPt6zt
“Can you shut the f--- up?": Owner of America's largest sweepstakes casino in expletive-ridden rant to investors https://t.co/MjI0yYpot4
interesting to see the Pulitzer win for these excellent WSJ Musk articles, which many of which wouldn't be seen as traditional business stories... https://t.co/E5R9KhGFD7
