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Showing results for In The Matter of: Ruth Monicka Parasol #160708
...It is funded for 25 years by a £3mn endowment from the Parasol Foundation Trust, established in 2004 by Ruth Monicka Parasol, an American philanthropist who made her first fortune in adult entertainment...
...Ms Parasol and Mr Deleon have had no involvement in the running of the company since before the PartyGaming float in 2005, according to a person familiar with the matter....
...But Ruth Parasol and her husband Russ DeLeon, PartyGaming’s co-founders, who each own 14 per cent of the company, have shown no sign of any willingness to settle....
International Edition