A British parliamentary inquiry into the News Corp. hacking scandal has declared 81-year-old CEO Rupert Murdoch "not a fit person" to run his multibillion-dollar media empire. Murdoch appeared to many to be doddering on confused in an appearance before the panel, though many believed he was playing up his infirmity to elicit sympathy. After all, many CEOs, including Berkshire Hathaway's Warren Buffett and Asia's richest man, Li Ka-shing, run business empires well into their 80s with no noticeable effects. Occasionally, though, they can get a little odd. Here are five corporate titans who may be getting a little long in the tooth.
Stanley Ho built the island of Macau into the gambling mecca it is today. Until 2002, he enjoyed a near monopoly over Macau's gaming industry and even today rakes in about half the profits from the semiautonomous region's casinos.
In recent years, however, it has been Ho's complicated family squabbles that have dominated Chinese headlines. Ho has sired 17 children -- whom he acknowledges, anyway -- with four different women, all of whom he refers to as his "wives," though it's not clear to which of them he is legally married, if any. In 2011, Ho accused his second and third wives and several of his children of forcing him to give up shares in his company. In a lawsuit, he said the relatives had bullied him into signing away control of the company in a transaction that was "something like robbery." Ho eventually confirmed the transfer, but the family of his first wife has alleged foul play.
Despite a 2009 head injury that forced him to be hospitalized for seven months, as well as his seemingly erratic behavior, his lawyers insist he is still in full possession of his faculties.
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