His swashbuckling career spanned business, sports, politics and the arts, but also scandal and prison.
Tapie, who revealed in 2017 that he had cancer of the stomach and oesophagus, made a vast fortune, lost it and then made it back again, only to end his life broke following a scandal which embroiled Christine Lagarde, now head of the European Central Bank.
“If there is one thing I know how to do, it is making dough,” the permanently tanned tycoon once boasted.
But in 2015 he was forced to admit: “I am ruined. I haven’t got a thing.”
Like many of his flamboyant declarations, it was to be taken with a pinch of salt — although he was indeed down to his last few mansions.
Born in occupied Paris on January 26, 1943, Tapie’s beginnings were modest, selling televisions by day in working class Belleville while trying his hand as a crooner by night.
But he soon ditched the singing and amassed a small empire by the time he was 30 by taking over failing companies, scooping up 50 within a few years.
In 1990 he made headlines by buying the German sportswear giant Adidas — a purchase that would later come back to haunt him.
He flaunted his wealth, buying a vast Paris townhouse and a string of mansions on the French Riviera as well as a 72-metre (236-foot) yacht.
A sports fan with a boxer’s build, Tapie also used his fortune to buy a cycling team which twice won the Tour de France.
In 1986 he purchased one of France’s most-loved football clubs, Olympique de Marseille, guiding the team to five successive league triumphs and the 1993 Champions League title.
On the back of that success he forged a political career, winning election to the French parliament in 1989 and 1993 and becoming a European Parliament deputy in 1994 after briefly serving as a minister under President Francois Mitterrand.
But things began to unravel for the father of four as he faced a slew of legal woes, including charges of match-fixing during his time at Marseille.
The claims tainted the team’s Champions League victory — the only time a French club has won the trophy.
Players from a smaller club revealed they had accepted bribes to take it easy on Marseille in a match before their Champions League final.
Tapie served six months in prison in 1997 for his role in the scandal, part of it in solitary confinement.
The affair led to the collapse of his business empire, and he was declared bankrupt and banned from serving as a company director or in any public office.
Friends and family described him as a broken man, but his old showbiz skill helped him bounce back and turn to acting, notably in a popular TV series in which he played — with no little irony — a police inspector.
And his lucky streak seemed to have returned in 2008 when a government arbitration panel accepted he had been the victim of fraud when he sold Adidas in 1993, ruling that the brand had been undervalued.
He was awarded a compensation payout of 404 million euros ($450 million), the size of which sent shockwaves through France.
Tapie repaid his debts and was able to buy France’s Hersant publishing group, a string of properties and another yacht, which he named “Reborn”.
But the case was appealed and in May 2017 a court ordered him to hand back the payout — and he was broke again.
The saga also ensnared Lagarde, who was France’s economy minister when the panel ruled in Tapie’s favour and was accused of poorly handling the matter.
After his cancer became public, Tapie declared he would “fight like he had always done”.
“The idea of dying, it does not bother me at all,” he told Le Monde newspaper. You would need to be “crazy not to be happy with my life.”
In July 2019 he was acquitted on charges of defrauding the state in the case of the controversial arbitration. However he was not yet out of the woods as a new case was brought against him.
That trial began in May with Tapie already gravely ill in hospital and prosecutors demanding a five-year sentence and a 300,000-euro fine. Judges had been due to hand down their verdict on October 6.
Census 2022 – what difference does it make?
Next Sunday, April 3rd, is Census night. Millions of people in homes countrywide will fill in page after page of questions, some of which are deeply personal and many of which might be unfamiliar.
But what it is it all about?
At a basic level, Census 2022 will be used to inform planning of public policy and services in the years ahead, according to the Central Statistics Office.
The questions will cover a range of environmental, employment and lifestyle issues, including the use of renewable energy sources in homes.
The questions will help inform policy development in the areas of energy and climate action, and the prevalence of internet access, to understand the availability of and need for internet connections and range of devices used to access the internet.
Questions also focus on changes in work patterns and will include the trend of working from home and childcare issues, while questions are also asked about the times individuals usually leave work, education or childcare, to help identify and plan for transport pattern needs locally and nationally.
Other topics covered include volunteering and the type of organisations volunteers choose to support, tobacco usage and the prevalence of smoke alarms in the home.
And of course there is a time capsule – the chance to write something which will be sealed for the next 100 years.
Oscars 2022: Will Smith makes Oscar history after slapping Chris Rock over joke about wife Jada Pinkett Smith | Culture
Will Smith took the Oscar for Best Actor at last night’s 94th Academy Awards, but he also became the protagonist of the ceremony for other reasons. The night was following the script, until Smith slapped comedian Chris Rock on the stage after the latter made a joke about the shaved head of the former’s wife, Jada Pinkett Smith. Rock had quipped that he was “looking forward to GI Jane 2,” in reference to her look. Pinkett Smith has revealed publicly that she has alopecia. It looked as if the moment had been planned, until Smith went back to his seat and shouted: “Get my wife’s name out of your fucking mouth.”
The moment, which immediately became Oscar history but for all the wrong reasons, left the attendees with frozen smiles, and asking themselves whether it was possible that a veteran such as Smith could have lost his cool in front of tens of millions of people. After taking the prize for Best Actor, the superstar actor made a tearful apology, saying that he hoped the Academy “will invite me back.” Later on, actor Anthony Hopkins called for “peace and love,” but it was already too late. The incident overshadowed the success of CODA, which took the Oscar for Best Picture. Just like the time when Warren Beatty mistakenly named La La Land as the big winner of the night, no one will speak about anything else from last night’s awards.
At first sight, Smith’s actions looked as if they were scripted. When he first heard Rock’s joke, he laughed. But his wife was seen on camera rolling her eyes, and it was then that the actor got up onto the stage and hit Rock. When he returned to his seat he raised his voice twice to shout “Get my wife’s name out of your fucking mouth,” sending a wave of unease and shock through the attending audience. The fact that he used the f-word, which is prohibited on US television, set alarm bells ringing that this was real and not a planned moment. In fact, the curse word was censored by the broadcaster, ABC, in the United States.
During a break, Smith’s PR manager approached him to speak. In the press room, which the actor skipped after collecting his prize, instructions were given to the journalists not to ask questions about the incident, Luis Pablo Beauregard reports. The next presenter, Sean “Diddy” Combs, tried to calm the situation. “Will and Chris, we’re going to solve this – but right now we’re moving on with love,” the rapper said.
When Smith took to the stage to collect his Best Actor award for his role as Richard Williams – the father of tennis stars Venus and Serena – in King Richard, he referred to the character as “a fierce defender of his family.” He continued: “I’m being called on in my life to love people and to protect people and to be a river to my people. I know to do what we do you’ve got to be able to take abuse, and have people talk crazy about you and have people disrespecting you and you’ve got to smile and pretend it’s OK.”
He explained that fellow actor Denzel Washington, who also spoke to Smith during a break, had told him: “At your highest moment, be careful, that’s when the devil comes for you.”
“I want to be a vessel for love,” Smith continued. “I want to be an ambassador of that kind of love and care and concern. I want to apologize to the Academy and all my fellow nominees. […] I look like the crazy father just like they said about Richard Williams, but love will make you do crazy things,” he said. He then joked about his mother, who had not wanted to come to the ceremony because she had a date with her crochet group.
During the commercial break, Will Smith is pulled aside and comforted by Denzel Washington and Tyler Perry, who motion for him to brush it off. Will appears to wipe tears from his eyes as he sits back down with Jada, with Denzel comforting Jada and Will’s rep by his side. pic.twitter.com/uDGVnWrSS2
— Scott Feinberg (@ScottFeinberg) March 28, 2022
The Los Angeles Police Department released a statement last night saying that Chris Rock would not be filing any charges for assault against Smith. “LAPD investigative entities are aware of an incident between two individuals during the Academy Awards program,” the statement read. “The incident involved one individual slapping another. The individual involved has declined to file a police report. If the involved party desires a police report at a later date, LAPD will be available to complete an investigative report.”
On December 28, Pinkett Smith spoke on social media about her problems with alopecia. She stated that she would be keeping her head shaved and would be dealing with the condition with humor. “Me and this alopecia are going to be friends… Period!” she wrote on Instagram.
House-price inflation set to stay double digit for much of 2022
House-price inflation is expected to remain at double-digit levels for much of 2022 as the mismatch between what is for sale and what buyers want continues.
Two new reports on the housing market paint a picture of a sector under strain due to a lack of supply and increased demand driven by Covid-related factors such as remote working.
The two quarterly reports, one each from rival property websites myhome.ie and daft.ie, suggest asking prices accelerated again in the first quarter of 2022 as the stock of homes available for sale slumped to a new record low.
Myhome, which is owned by The Irish Times, said annual asking-price inflation was now running at 12.3 per cent.
This put the median or typical asking price for a home nationally at €295,000, and at €385,000 in Dublin.
MyHome said the number of available properties for sale on its website fell to a record low of 11,200 in March, down from a pre-pandemic level of 19,000. The squeeze on supply, it said, was most acute outside Dublin, with the number of properties listed for sale down almost 50 per cent compared with pre-pandemic levels.
It said impaired supply and robust demand meant double-digit inflation is likely until at least mid-2022.
“Housing market conditions have continued to tighten,” said author of the myhome report, Davy chief economist Conall Mac Coille.
“The broad picture of the market in early 2022 remains similar to last year: impaired supply coupled with robust demand due to Ireland’s strong labour market,” he said.
“One chink of light is that new instructions to sell of 7,500 in the first 11 weeks of 2022 are well up from 4,800 in 2021, albeit still below the 9,250 in 2019. The flow of new properties therefore remains impaired,” said Mr Mac Coille.
“Whatever new supply is emerging is being met by more than ample demand. Hence, transaction volumes in January and February were up 13 per cent on the year but pushed the market into ever tighter territory,” he said.
He said Davy was now predicting property-price inflation to average 7 per cent this year, up from a previous forecast of 4.5 per cent, buoyed strong employment growth.
Daft, meanwhile, said house asking prices indicated the average listed price nationwide in the first quarter of 2022 was €299,093, up 8.4 per cent on the same period in 2021 and and just 19 per cent below the Celtic Tiger peak, while noting increases remain smaller in urban areas, compared to rural.
Just 10,000 homes were listed for sale on its website as of March 1st, an all-time low. In Dublin, Cork and Galway cities, prices in the first quarter of 2022 were roughly 4 per cent higher on average than a year previously, while in Limerick and Waterford cities the increases were 7.6 per cent and 9.3 per cent respectively.
The report’s author, Trinity College Dublin economist Ronan Lyons, said: “Inflation in housing prices remains stubbornly high – with Covid-19 disturbing an equilibrium of sorts that had emerged, with prices largely stable in 2019 but increasing since.
“As has been the case consistently over the last decade, increasing prices – initially in Dublin and then elsewhere – reflect a combination of strong demand and very weak supply.”
Russian-backed rulers of Costa Rican hacktocracy? • The Register
UCD-led research finds potential treatment for advanced eye cancer
Marlon Botas: Montserrat Bendimes: Why the young Mexican student’s murder has gone unpunished | International
The 1915 Armenian Genocide and its Russophobic Origins
What’s artificial intelligence best at? Stealing human ideas | Technology
The Religious Roots of Russia’s Mistrust towards the West
Current1 week ago
Inside Adele’s new home with Rich Paul as she moves into $58M mega mansion
Current1 week ago
Tenants fail to insure their personal items due to the cost of living crisis
Current7 days ago
The Covid-induced surge in house prices has reached a tipping point, get ready for a drop
Technology1 week ago
A beginner’s guide to boosting your productivity
Current1 week ago
Ukraine break political rules with ‘help Mariupol’ plea
Global Affairs1 week ago
Amazon: Violence in Colombia putting “the lungs of the world” at risk | International
Global Affairs1 week ago
Violence in Mexico: Autopsy of Debanhi Escobar shows she was sexually abused and murdered | International
Current1 week ago
Investire SGR buys Milan office building (IT)