All Posts Tagged Tag: ‘Billionaires’

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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Beanie Baby Creator: Feds Demand New Sentence

Federal prosecutors are demanding a new sentence be handed to Beanie Baby creator Ty Warner, 69, after he was given probation for hiding at least $25 million from tax authorities in Swiss banks. In a 55-page appeal filed with the U.S. 7th Circuit Court of Appeals, prosecutors suggest the tax evasion the billionaire pleaded guilty to called for at least …

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Cecil Chao Doubles Offer to Any Man Who Weds Lesbian Daughter

A Hong Kong real estate billionaire has doubled the reward amount to any man who is willing to win over his lesbian daughter’s heart. In 2012, Cecil Chao initially set the amount for $65 million after receiving news that his daughter, 33-year-old Gigi Chao, married her girlfriend of seven years. Cecil claimed last year that his daughter’s sexual orientation was …

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Bill Gates Charity Criticized as “Worthless”

Bill Gates is incredibly wealthy; in fact, he’s the most wealthy person in the world. The co-founder of Microsoft and a noted investor, Gates is also well-known for his philanthropy work, mainly through the Bill and Melinda Gates Foundation, which has a hand in charitable donations to causes ranging from reducing HIV infections abroad to college-ready education and post secondary …

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African Billionaires Numbered at 55

In a recent study conducted by Ventures magazine, a Nigerian business magazine which champions capitalist developments in Africa, has identified at least 55 billionaires on the continent of Africa. While this number is a conservative estimate, according to founder Chi-Chi Okonjo, it is still a drastic increase 16, from the number formerly reported by Forbes. Chi-Chi Okonjo contributes the under-reporting …

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Janet Jackson, Billionaire, Working On New Album

Janet Jackson has now officially become a billionaire. The pop star has earned $260 million in album sales since she debuted in the early ’80s, $81 million from music and book publishing fees, $500 million on her sold-out world tours and related tour sponsorships, and over $300 million from movie roles. Now that she’s happily married (to businessman Wissam Al …

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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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Mark Cuban Admits He Lost Money on Facebook

On the eve of Facebook’s big IPO, Mark Cuban predicted that the public offering could be the “most important” in history – but not for the reasons you might think. Cuban thought brand excitement would bring in retail investors who wouldn’t read the prospectus, and would then be chewed up by high frequency/algorithmic traders, who would “attack this stock like …

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Russian Billionaire Wants Other Billionaires To Fund His Immortality

You may recall a super crazy plan from one Russian billionaire that’s hoping to fund the first immortality project. Dmitry Itskov is pretty young at 31, but he hopes to live forever with the help of science and robotics. He needs help, however, from the billionaire community to complete his objective – becoming immortal by 2045. In an open letter …

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