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Joe Lewis, the billionaire owner of Tottenham Hotspur, has been indicted in the US on charges of insider trading. Lewis has been accused of “abusing his access to corporate boardrooms” to provide information to lovers, friends and even his private pilots. Lewis has denied the charges. In a statement, his lawyers said they would “vigorously fight” to clear his name. Who is Joe Lewis and how did he make his money? Lewis made his fortune primarily in foreign exchange and investment. He is ranked 39th among the UK’s wealthiest people, according to the Sunday Times Rich List, with a net worth of £5bn. Born in the East End of London in 1937, Lewis left school at 15 to work for his father’s catering company. He took over and rapidly expanded the business into a series of themed restaurants aimed at tourists, before selling in 1979, giving him more money to invest in his new venture, currency trading. Lewis gave Robert Earl, who later founded Hard Rock and Planet Hollywood, his first job. He was ferociously successful at working the currency markets during the 1980s and 1990s, notably betting that Britain would be forced to exit the European Monetary System, which it did in September 1992 amid the ‘Black Wednesday’ financial crisis. He earned the nickname The Boxer, a reference both to his power in the investment ring and his legendary almost namesake, Joe Louis. But he endured bruising defeats too, and lost $1bn – then a third of his fortune – in a single day when the American bank Bear Stearns collapsed at the start of the 2008 financial crisis. His $1.2bn stake was reduced to $22m in a matter of hours. Lewis owns the Tavistock Group, first set up in 1975 and now one of the most renowned and powerful private equity organisations in the world. He founded the business in the Bahamas to escape UK tax laws. Along with his Bahamian mansion, Lewis owns a ranch in Argentina (which has caused conflict with local residents), multiple homes in Florida and more property across the world. The 86-year-old is married to his long-term secretary Jane, and has two children by his first wife, Esther Browne. His son Charles lives in Argentina and is largely disconnected from the family business, but his daughter Vivienne is heavily involved. She serves on Tavistock’s board of directors and is president of the prestigious Isleworth Golf and Country Club in Florida, which Lewis owns. He has a waterfront mansion on the 600-acre Isleworth property, which is surrounded by heavy security. Lewis almost never makes public statements or conducts media interviews. Lewis loves golf, and counts Tiger Woods not only as a close friend and neighbour but also a business partner. Together they embarked on a 600-acre luxury resort called Albany on New Providence Island in the Bahamas, alongside fellow golfer Ernie Els and the singer Justin Timberlake. Albany features a mega-yacht marina, lavish villas and a championship golf course which hosts Tiger Woods’ invitational tournament, the Hero World Challenge. What has Lewis spent his fortune on? Lewis has a diverse portfolio of investments all over the world, including luxury resorts in the Americas, property in Bulgaria and even an Australian agriculture company. The development arm of Tavistock is building a 17 square-mile community at Lake Nona near Orlando, Florida, where Disney is to move its headquarters. He owns a superyacht called Aviva, which is 98m long and took three years to build. It’s most striking feature is an indoor paddle tennis court, Lewis’s daily activity, at the heart of the boat. His wardrobe is particularly decadent, described by designer Andrew Langton as “bigger than my house in France”. Lewis owns one of the most expensive private art collections in the world, including original works by Picasso and Matisse, many of which are aboard Aviva. Through Tavistock, via the ENIC Group, Lewis also owns Tottenham Hotspur. He bought 29.9% of Tottenham in 1991, and increased his stake to a majority holding in February 2001, buying out most of Lord Sugar’s shares. Despite appearing to have little interest in football, rarely showing up at Tottenham’s training ground or matches, Lewis has invested in a number of clubs including Rangers – supposedly encouraged by his former neighbour in the Bahamas, Sean Connery – and Slavia Prague. After 21 years in charge of Tottenham, Lewis is the Premier League’s longest-serving owner. The club have since moved into a world-leading stadium and reached the Champions League final in 2019, but they have won only one trophy during Lewis’s ownership and his man in charge – Spurs chairman Daniel Levy – is under increasing pressure to deliver results on the pitch. The charges brought against Lewis could disqualify him from owning Spurs under Premier League rules, should he be found guilty. What has he been charged with? Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers... It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” A Tottenham club spokesperson said: “This is a legal matter unconnected with the club and as such we have no comment.” Read More Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’

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Designer Christian Cowan had a full circle moment when he recently dressed pop legend Kylie Minogue. “There are two moments when I decided I wanted to be in fashion, and they’re both around Kylie Minogue,” Cowan remembers. “One was in Borders bookshop in Cambridge [where Cowan grew up], my mum was getting a coffee and I was waiting – on the TV was the Can’t Get You Out Of My Head music video. I was like, ‘What is that? That is what I need to do’. “Then for my 12th birthday, my mum was really sweet and got me tickets to see Kylie’s X tour in the O2. It was right in the nosebleed seats at the back, and I was living my best life.” Cowan designed a red jumpsuit with zips for Minogue to perform in New York, and says: “To dress people like that, people who I really looked up to and still look up to is always an honour.” And Minogue isn’t the only celebrity who has worn Cowan’s colourful, whimsical designs. Pretty much any star you can think of, Cowan will have dressed – Lady Gaga, Sam Smith, Lizzo, Lil Nas X, Heidi Klum, Cardi B, Miley Cyrus – the list goes on. While pop stars definitely seem to gravitate to his work, Cowan says there’s no real limit to who wears his clothes. “The Christian Cowan person is anyone, but it’s someone who wants to enjoy themselves, it’s someone who wants to be complimented and get attention. It’s someone who enjoys the fun of dressing up – our customers in general, they’re not really dressing for the gaze or perspective of anyone else – they’re just feeling f****** fabulous.” Cowan went to university in London and now resides in New York – and he says he gets inspiration from both major fashion hubs. The US “leans more into maximalism, and [is] not afraid of opulence and showing off, which is very much part of my brand”, he reflects. “And the UK I’d say is more [about] pushing the boundaries and trying out new things.” Ultimately, both cities are “incredibly fashionable and stylish and have created original thinkers – so I feel very lucky to be between the two”. Cowan established his eponymous label in 2016 so feels like an industry stalwart by now, but he’s still only 29 years old. “I started my brand and career very young,” he admits. “I would definitely say it’s grown up with me – the collections that I put out at the beginning are by no means the collections I’m putting out now.” But he doesn’t feel embarrassed when looking back at earlier work, instead calling his collections “like a diary”. “You can see as I grew up, the big life experiences that happened influenced [my style]. To say it has matured – maybe that’s the wrong word – but I would say my references have gotten more expansive with time. I look further than I used to – before it was like, who was next to me in the club.” While he doesn’t go to the clubs as much as he used to (“I’m like an old man!”), he occasionally pops in (“I love to see what my friends are wearing”), while getting inspiration from elsewhere as well. “I’m definitely a child of the internet, the internet is a huge part of it. I think designing is almost like dreaming – it’s a random compilation of everything you’ve seen, all smudged into one thing.” Cowan has made a name for himself as someone who loves to collaborate, and he often gets inspiration from his creative partners – ranging from the Teletubbies to Crocs, and now, Candy Crush Saga, who he’s designed an exclusive garment for. Called ‘The Sweet Seat’, it’s a one-of-a-kind, wearable garment inspired by the dreaded task of finding a seat to play on public transport. “Collaboration is the key to success in general in life – work, personal, everything,” he muses. “So when doing these collaborations, whether it’s a dress for Lady Gaga or this Candy Crush partnership, it’s always super collaborative. I want their opinion, I want their input, I want both partners involved and to be excited. “Especially with a celebrity wearing the clothes as well, you want them to feel amazing and excited to wear the piece – you don’t bully them into wearing something they’re not fully down for. You always have a better result if you collaborate.” Working with Candy Crush gave Cowan a welcome pause from designing his next New York Fashion Week collection, set to debut in September. “We’re doing a few things we’ve never done before that I think will be surprising to people – I just can’t wait. It’s our biggest show, the collection’s over double the size of any collection we’ve ever done before,” he shares. With designing collections for fashion week twice a year, making bespoke outfits for celebrities and all the extra projects in between, does Cowan ever suffer from fashion burnout? Cowan admits to having “brief moments in my past” where he’s struggled, but adds: “When you feel that it means you need to try something new, and I never had it again after I realised that. “I make sure I’m filled with creative, fun projects – I don’t think I’d ever get burnt out. I want to be doing this until the day I die.” The limited-edition Sweat Seat will be available for purchase on christiancowan.com/candycrush for £786.92 from July 26. Download Candy Crush today on Google Play or the App Store. 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