Who is Joe Lewis? British billionaire charged in U.S for insider trading; here's how he made his fortune
Joe Lewis, renowned as the owner of the prestigious Tottenham Hotspur soccer club in London, now faces serious legal troubles in the United States. Federal prosecutors in New York have levelled charges of insider trading against the 86-year-old mogul. The indictment alleges that Lewis disclosed confidential information from companies in which he held substantial investments to his inner circle, including personal pilots, assistants, and romantic partners. As the founder of investment firm Tavistock Group, Lewis is accused of committing 16 counts of securities fraud and three counts of conspiracy, spanning a period from 2013 to 2021. With a staggering net worth of $6.1 billion, according to Forbes magazine, Lewis' reputation as a high-profile billionaire magnate has been tarnished by these grave allegations. As the legal proceedings unfold, the outcome remains uncertain, and Lewis's financial empire and soccer club ownership could potentially be impacted.
FILE PHOTO: — Tottenham Hotspur v Southampton — Barclays Premier League — White Hart Lane — 8/5/16 Tottenham Hotspur owner Joe Lewis (L) and chairman Daniel Levy in the stands Reuters / Dylan Martinez Livepic Who is Joe Lewis?Joe Lewis, the British billionaire and owner of Tottenham Hotspur soccer club, has a fascinating journey to his billionaire status. He initially built a small fortune through a themed restaurant chain before venturing into currency trading in the late 70s. His remarkable success in the 90s came from astute bets against the British pound and Mexican peso, amassing hundreds of millions. Utilizing his investment vehicle, Tavistock Group, Lewis diversified his portfolio into various sectors, including real estate, sports, luxury hotels, and biotech. His
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