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All Posts Tagged Tag: ‘Billionaire’

Liu Yiqian: Why Is Everyone Mad At This Chinese Billionaire?

People are mad at Chinese billionaire Liu Yiqian and the reason may shock you. This wealthy individual decided to splash the cash a few days ago, spending a whopping $36 million for a 500-year-old artifact. The “chicken cup” as it’s known, is one of a few precious porcelain cups that remain from the Ming Dynasty. The cup earned its name …

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Dr. Dre Beats Deal: An Apple For Dre Keeps The Dr. Well Paid

Those who “forgot about Dre”, will remember him well after his recent Beats deal with Apple When he and Interscope buddy Jimmy Iovine came up with the idea for the Beats by Dr. Dre headphones in 2008, the invention was meant to supplant those god awful ear buds that come with your ipod. The still sought after headphones continue to …

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Clippers Owner: Don’t Bring Black People To My Games

Come reader, as we glimpse into the vain and amoral ponderings of the filthy rich and the honesty among the people that love them. Donald Sterling is the National Basketball Association’s (NBA) Los Angeles Clippers owner. In 1981 he bought the Clippers for $12.5 million – a team now worth $575 million according to Forbes. Sterling is a billionaire and …

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Michael Milken And Sumner Redstone To Donate $80 Million To George Washington University

George Washington University will be receiving an $80 million donation from philanthropists Michael Milken of the Milken Institute, and Sumner Redstone of CBS Corporation and Viacom. The amount is the largest the university has ever received. Half of the $80 million, which is from Milken Institute, will be given in a span of five years in order to provide support …

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Sheryl Sandberg Becomes One of The World’s Youngest Female Billionaires

On Tuesday, Jan. 21, it was announced that the Facebook, Inc. stock closed at an unprecedented record high. As a result of the monumental feat, the company’s chief operating officer Sheryl Sandberg became a billionaire. According to Bloomberg, Sandberg owns approximately 12.3 million shares of the online social networking service, which closed at $58.51 on the Nasdaq exchange late Tuesday. Her stake …

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Bill Gates’ Tops Forbes 400 Again, Grows Even Wealthier

The old cliche, “Money makes money,” is quite factual when it comes to billionaire business magnate, Bill Gates. The man just keeps getting richer with time. Topping the Forbes’ 400 list for the 20th consecutive year, Gates has been deemed the wealthiest man in America yet again. While everyone commonly accredits Gates’ accumulation of wealth to the ever-successful Microsoft Corporation, …

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Jennifer Pritzker: First Transgender Billionaire

Jennifer Pritzker has become the first transgender billionaire and has been ranked among FORBES’ list of the top 400 richest Americans. There are only 48 women in total on the list of 400, since we all know that the 1% and much of the workforce is dominated by men. She has an estimated worth of about $1.7 billion. Pritzker is …

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Earl Holding Dies; Billionaire Was 86

Robert Earl Holding, an American businessman and billionaire, has died at the age of 86. According to a Salt Lake Tribune obituary, Holding died on Friday, April 19. The details of his death have not been released, though it is known that Holding had been suffering complications from a stroke he endured in 2002. Holding had continued to operate his …

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T. Boone Pickens Responds to Drake’s Money Boast: Twitter Reacts

The name T. Boone Pickens may not mean much to a lot of poor people out there, so let’s start things off by properly setting up the story. Pickens is the chairman of BP Capital Management, and he’s made quite a bit of money over the years. How much money, you ask? Well, according to Mashable, Pickens is the 330th …

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Billionaire Afraid To Leave Boatloads Of Money To Kids

Gina Rinehart is a Billionaire. She inherited an Australian mining empire from her father. Unfortunately, she doesn’t think her kids are fit to handle the fortune they are likely to inherit from her some day. Evidently Rinehart is not alone. According to surveys, 75% of millionaires didn’t inherit their wealth. So these self made millionaires didn’t grow up with money …

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