The former Young Rich Lister has taken action against the Twitter account’s owner, and doesn’t appear to have been mollified by an apology.

Incorrigible Twitter account Stock Swami, whose posts are self-described as a “cynical and cranky take on the ASX”, apologised to ex-Young Rich Lister Tolga Kumova for suggesting the mining entrepreneur had engaged in insider trading.
Behind the apology: a defamation writ, filed on September 2 in the NSW Registry of the Federal Court. It was made out against Kiwi Alan Davison, to whom it claims the account belongs.
The apology doesn’t appear to be the end of the matter.
“I have commenced legal action in the Federal Court to defend myself in the face of an online hate campaign by an anonymous social media troll,” Kumova wrote on his own Twitter account a few hours later. “Many victims are not in the position to be able to take on an international legal case. I am, and I have decided to do so because it is the right thing to do.”
Before he aged out of the Young Rich List, Kumova’s wealth was pegged by this newspaper at $95 million. A former stockbroker with a flashy Instagram account, he founded Syrah Resources and sold out rather profitably, near its peak. His presence on the registers of speculative miners is often noted by others prone to such investments, who hope his interest signals he’s found the next resource stock about to blow up.