Daily Briefing: World's oldest billionaire lives in Singapore; GIC and Temasek in talks for $1.5b 'Salt Bae' resto deal

Submitted By:  Danielle Isaac Case Study:  No And here's why Singapore's debt consolidation plan might not be working. From Forbes: Shipping tycoon Chung Chang Yun is the world's oldest billionaire at 99 years old, according to Forbes. He has a net worth of US$1.9b. Chung was followed by Brazil's Aloysio de Andrade Faria, who is 97 years old. "He cofounded Pacific International Lines in 1967 as a coastal operator with two secondhand ships. He is chairman of the company. His son Teo Siong Sen runs it." read more