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UK billionaire Joe Lewis receives pardon from Trump

UK billionaire Joe Lewis receives pardon from Trump

Summary

UK billionaire Joe Lewis has received a pardon from President Donald Trump. Lewis pleaded guilty to insider trading in 2024, avoiding prison after paying a fine. The pardon allows Lewis to seek medical care and visit family in the U.S.

Key Facts

  • Joe Lewis, a UK billionaire, received a pardon from President Trump.
  • Lewis previously pleaded guilty to insider trading and paid a $5 million fine.
  • He admitted to sharing insider information, which led to millions in profits.
  • The pardon enables Lewis to visit the U.S. for medical treatment and family visits.
  • Lewis founded the Tavistock Group, investing in various industries.
  • In 2023, Lewis was ranked 39th in the Sunday Times Rich List, worth £5bn.
  • He had relinquished control over Tottenham Hotspur football club by 2022.

Source Information