Abramovich’s Lost Caribbean Paradise | A Billionaire’s Bet On Psychedelics | Jackie Robinson’s Off The Field Legacy

Plus: To Capture Twitter, Elon Musk Showcases New Type Of Takeover Warfare

Good morning.

Just as his Premier League team Chelsea FC is about to be sold to new owners, sanctioned Russian billionaire Roman Abramovich has lost access to another one of his properties, a 70-acre estate on the Caribbean island of St Barts. We’re also looking at why a GoDaddy billionaire’s bet on psychedelics is a personal matter and the off the field legacy of MLB legend Jackie Robinson. Finally, don’t miss this story on what makes Elon Musk’s Twitter takeover bid so unconventional.  

In The News Today

The Russian army began its assault on the eastern part of Ukraine, attempting to break through the Ukrainian frontlines around Donetsk and Luhansk.

U.S. officials are reportedly attempting to seize a superyacht docked in Fiji that they suspect is owned by sanctioned Russian billionaire and politician Suleiman Kerimov.

Top Take-Aways

Since President Vladimir Putin invaded Ukraine nearly two months ago, a growing number of billionaires with ties to Russia have been keen to distance themselves from the country and its regime—but some have more legitimate claims than others.

Sanctioned Russian billionaire Roman Abramovich, who is about to discover who will take over as the owner of Premier League team Chelsea FC, has been frozen out of his 70-acre estate on the Caribbean island of St Barts.

When the coronavirus pandemic first hit, InspectIR cofounders John Redmond and Tim Wing saw the potential to pivot their breathalyzer device, initially devised for cannabis, to Covid-19. Two years after starting a clinical trial to that purpose, they have received FDA emergency-use authorization.

The Centers for Disease Control and Prevention (CDC) has wiped out the Level 4 ‘Do Not Travel’ category from its travel advisory. The 89 countries that, until Sunday, appeared under that designation were marked down to Level 3, which still signifies “high risk” for Covid-19.

GoDaddy billionaire Bob Parsons, a Vietnam veteran, still suffers from PTSD from his time as a Marine infantryman, but credits LSD and MDMA with helping him “come home.” Now he’s on a mission to unleash the power of psychedelics to help others suffering from trauma.

Jackie Robinson changed the world by breaking the decades-long so-called gentlemen’s agreement that kept Black players out of America’s pastime, Major League Baseball, 75 years ago. Off the field, he was a prominent business leader who championed Black economic advancement and entrepreneurship.

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