Inside Carlos Ghosn's epic fall from superstar auto executive to international fugitive - Business Insider

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Inside Carlos Ghosn's epic fall from superstar auto executive to international fugitive

, the automotive executive leading a triple alliance of companies, was raking in tens of millions of dollars in compensation and had homes on multiple continents.

Through press reports spanning Ghosn's 14 months of drama, Business Insider has pieced together a comprehensive account of the industry superstar's epic rise — and messy fall.In 2018, Carlos Ghosn was one of the most powerful automotive executives in the world. Other accounts said Ghosn, who held multiple international passports, may have evaded authorities by using forged papers and a false identity at a smaller under-the-radar airport.

The alliance of Nissan and Renault would flourish into the 2010s, with Ghosn's pay increasing the entire time. In 2014, Ghosn wasin his annual salary from both automakers and a bonus from Renault. — one of the most popular and opulent private jets — to replace an aging Gulfstream model. G650 jets can sleep up to 10 people and easily cost upward of $67 million.Jacob Russell/Getty Images

"Our total annual sales are forecast to exceed 14 million units, generating revenues expected at $240 billion by the end of the plan,"There's still time for the alliance to hit the goals, but the likelihood of its success was thrust into chaos in November 2018, when Ghosn was arrested as he tried to depart on the company jet in Tokyo alongside Nissan Director Greg Kelly.

Source: News Formal (newsformal.com)

 

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