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Louis CK Apparently Lost $35 Million In ONE HOUR After His Harassment Controversy Broke Publicly

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Disgraced comedian Louis CK is making tentative attempts at some sort of a comeback following his fall from grace in the wake of his admitted sexual misconduct. His first one or two surprise stand-up shows made no mention of the infamous circumstances that have kept him away from show business for several months, but recent reports say that CK has begun discussing it in a roundabout fashion. And, most relevant to our interests here, he said during one such performance that immediately following the scandal he lost "$35 million in an hour."

No one should ever assume that anything a comedian says onstage is true, and a financial claim like that one is particularly difficult to verify. Then, you're getting into what exactly it means to "lose" money – is it only lost when you had it and then lost it, or can all the money CK would have made if he hadn't destroyed his career be counted among his losses as well? In any case, CK joked that he'd "been to Hell and back," which is open to pretty passionate debate among the comedian's defenders and critics.

Kevin Mazur/Getty Images

For her own part, comedian AMarie Castillo was hosting the show and introduced CK the night he made the $35 million remark onstage at the West Side Comedy Club, was enthusiastic about his performance:

"It's like he didn't even skip a beat with the year he had. He was so genuine and reflected on how weird his year was, tried out some new dark and dirty material…Sounds to me he is owning up, acknowledging, and trying to figure it out."

Be that as it may, many believe that the $35 million CK says he lost in an hour still doesn't compare to the careers and lives that were potentially ruined by his unwanted sexual conduct, especially since several of his victims ended up quitting the business as a result of his actions.

Read more: Louis CK Apparently Lost $35 Million In ONE HOUR After His Harassment Controversy Broke Publicly


Not Long Ago Zhou Qunfei Was China's Richest Woman. Then She Lost 66% Of Her Fortune…

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Zhou Qunfei made her $3.5 billion fortune manufacturing iPhone and Tesla touchscreens. But now, the U.S.-China trade war has made her the biggest loser among Chinese billionaires in 2018. Qunfei is the founder and chairman of consumer electronics supplier Lens Technology. She has lost 66% of her fortune so far this year. That's the biggest percentage drop among all of China's billionaires. Coming into 2018, she had a net worth of $7 billion.

Shares of Lens Technology have fallen by 62% this year as a result of a selloff of Apple Inc. suppliers due to Donald Trump instituting trade tariffs on China. Another factor hurting Qunfei's net worth is Elon Musk agreeing to resign as the chairman of Tesla following the SEC probe into his tweets.

STR/AFP/Getty Images

Zhou was born in the Hunan province of China in 1970. She began her professional career working in a factory that made glass for watches. After working there for several years, she began working for another company, Bai En, that manufactured glass and screens for multimedia and consumer electronics devices. In 2003, she left Bai En to launch her own company, Lens Technology Co., Ltd., in Shenzhen. As the manufacturer of touch screens for multiple companies, including Tesla and Apple, Lens Technology ships upwards of 476 billion pieces of protective glass to various companies each year. In fact, the company supplies glass to nearly 25 percent of the global mobile market.

Chinese stocks have been hit harder by Trump's trade policy than any other country.

Many Apple suppliers in China fell last month after Trump said he was willing to put tariffs on $267 billion of Chinese goods. That would be on top of the $200 billion in duties on imports he was already talking about. Tariffs and/or moving manufacturing plants to the U.S. would increase the cost of goods to the public. The tariffs could lead to a boycott of U.S. brands such as Apple.

The trade war has also made the fortunes of billionaires including Jack Ma of Alibaba and Ma Huateng of Tencent Holdings decline, as well. The Chinese billionaires on the list of the 500 richest people on the planet have lost a combined $86 billion so far this year.

Read more: Not Long Ago Zhou Qunfei Was China's Richest Woman. Then She Lost 66% Of Her Fortune…

Hong Kong Has More Millionaires Than Ever, But Less Average Wealth Than Rival Singapore

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The Credit Suisse Research Institute's 2018 Global Wealth Report surveys 200 markets covering more than 5 billion people all over the world, and as you might imagine it's chock full of interesting tidbits about the current state of the global economy. One such tidbit has to do with Hong Kong and its perennial rival on the world wealth stage, Singapore. In a classic "good news/bad news" type situation, Hong Kong now has more millionaires within its borders than it's ever had before, but in the field of average individual wealth it's still behind Singapore.

Hong Kong is now home to 179,000 people with at least $1 million in American dollars to their names, which is a spike of about nine percent over the previous year. But that spike translated to little upwards mobility in the wealth of the average resident of Hong Kong, as in those terms the city stayed right where it was at 14th place with $244,672.

ANTHONY WALLACE/AFP/Getty Images

Singapore, on the other hand, was the only Asian financial market to make in the top ten in highest average individual wealth, with $283,120 American, enough to take the ninth place spot.

For a little more context and to see how Hong Kong and Singapore compare to even richer nations, take a look at the top three countries in per capita wealth as of mid 2018:

  1. Switzerland: $530, 240
  2. Australia: $411,060
  3. USA: $403,970

John Woods is Credit Suisse's chief investment officer Asia-Pacific, and he summed up the report like this:

"The United States and China are the obvious outperformers and drivers of wealth growth, despite rising trade tensions … Much of the year-on-year variation in wealth levels can be traced to changes in asset prices and exchange rates and had the heaviest impact in Latin America and parts of Asia-Pacific. Currency depreciation against the US dollar continues to affect wealth trends in some of the major regional economies such as Australia and India."

While Hong Kong might be struggling to surpass Singapore in terms of individual wealth, its own total wealth is expected to keep rising, and by 2023 it's projected to hit nearly $2 trillion US.

Read more: Hong Kong Has More Millionaires Than Ever, But Less Average Wealth Than Rival Singapore

Meet the Billionaire Rainbow Sheikh And His Truly Eccentric Spending Habits

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Hamad bin Hamdan Al Nahyan is knowns as the Rainbow Sheikh, but it isn't because he's a big supporter of LGBTQA rights. Nope. It is because he has an epic car collection which includes seven Mercedes S-Class vehicles in different colors. He is a member of the ruling family of the UAE and based in Abu Dhabi. Hamad is well known for his spending habits—particularly how eccentric they are. He has spent years putting together a collection of rare automobiles which include several vintage Mini Coopers, a replica of an 1885 Benz Patent Motorwagen—which is largely believed to be the first car ever made—and the only SUV that Lamborghini has made.

Hamad also likes his cars a bit bigger. He built the largest truck in the world. It is a version of the Dodge Power Wagon that is 64 times larger than the original version and has a whole apartment inside of it. His Mercedes W128—or rather the shell of it—was spotted sitting on monster truck wheels outside of the Emirates National Auto Museum in Abu Dhabi—which is home to many of the Rainbow Sheikh's vehicles.

FADEL SENNA/AFP/Getty Images

Wheels magazine in the UAE recently featured Hamad with three off roading vehicles that were customized in his own workshop. He took those three vehicles to the Gulf News Fun Drive—an event at which people show off their cars in the middle of the desert. Hamad's Instagram feed is also full of his cars and creations.

Hamad tries to stay out of the limelight, despite his rather outsized hobbies. He has a personal fortune of about $20 billion, which rivals the Saudi King's own net worth. Hamad lives in a literal castle. His fortune comes from his family's control over oil deposits in Abu Dhabi. That oil makes up about 95% of the oil in the entire United Arab Emirates.

Hamad also spent about $22 million to have his name carved on a private island in letters that from top to bottom were more than 3,280 feet. The letters are so large, HAMAD stretches two miles long from the H to the D and can be seen from space. This was done on Al Futaisi island. The letters were carved from a winding series of waterways so that they would not be erased by the ocean. A few years later, however, Hamad had his name erased. It remains unclear why Sheikh Hamad embarked on the strange project in the first place and it is just as unclear why his name was erased.

Read more: Meet the Billionaire Rainbow Sheikh And His Truly Eccentric Spending Habits

Jeff Bezos' Net Worth Dropped $14 Billion This Week

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The stock market has been in the midst of what's sometimes called a "correction" lately. Friday's trading had an especially marked effect on the personal fortune of the current holder of the title of world's richest person: Amazon founder Jeff Bezos. When the dust settled and markets closed, Jeff saw $14 billion wiped from his personal net worth.

That happened as Amazon saw a ten percent decrease in its stock value, which ended up leveling off slightly Friday with an overall decrease of a little under eight percent. The dip, which may be more accurately described as more of a "plunge," came on the heels of Amazon's quarterly earnings report, which showed some disappointing numbers for investors leading into the retailer's all important holiday season.

That was despite the positive spin Bezos himself attached to the report in a statement to the press:

"Amazon Business has now reached a $10 billion annual sales run rate and is serving millions of private and public-sector organizations in eight countries."

Alex Wong/Getty Images

The day before Amazon's earnings report came out, Bezos' net worth sat at a comfortable $138 billion, whereas at the low point of Amazon's recent stock performance was closer to $124 billion.

However, as always, it's important to keep in mind that these rises and falls in personal fortune are pretty much entirely theoretical, and it's a sure thing that Bezos is more than happy to see his own personal fortune tied to the financial performance of the biggest online retailer in the world, disappointing earnings report or no. And Amazon's stock would have to plunge quite a bit more for Bezos to even drop out of his current spot as the richest person in the world, since the second place slot is held by Bill Gates, whose net worth is well beneath Bezos' at $96 billion.

Jeff's net worth peaked in September 2018 at $175 billion.

Read more: Jeff Bezos' Net Worth Dropped $14 Billion This Week

Will A $35 Billion Fortune Get You Out Of A DUI? Go Ask Alice… Walton.

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Alice Walton is the one of the 20 richest people in America and the #1 richest person in Texas. The Wal-Mart heiress has a net worth of $44 billion which makes her the second richest woman in the world, L'Oreal heiress Françoise Bettencourt-Meyers. Yet despite her massive wealth, Alice has a troubling history of reckless driving, car accidents, and DUIs. However, money talks and Alice's attorneys have taken some creative paths towards making sure their client never feels any repercussions from her actions, such as her most recent DUI arrest in 2011.

By all accounts, it was a routine arrest, the kind Texas State Trooper Jeffrey Davis made every day when encountering drivers under the influence. But this time, he was applying the law fairly to someone who didn't fight fair. That someone was Alice Walton and despite the fact that on the evening of October 7, 2011, she failed her field sobriety test, she couldn't walk a straight line, and she couldn't put her index finger on her nose, she would, as she had in the past, get off scot-free.

Why? Because this is heiress Alice Walton, who has practically made a career out of reckless car accidents and DUIs yet has never faced any consequences for them– even when they've caused the death of another person.

Alice Walton was born on October 7, 1949 in Newport, Arkansas. She is the youngest child of Sam and Helen Walton. She graduated from Trinity University in San Antonio, Texas in 1971, with a B.A. in economics and finance.  Walton began her career in finance at First Commerce Corporation as an equity analyst and money manager. Later she was vice chairperson and head of investments at Arvest Bank Group. In 1988, Walton founded the investment bank Llama Company where she served as its President, Chairperson, and CEO.  In the late 1990s, she closed Llama Company and moved to a 3,200 acre ranch in Milsap, Texas. She called it Walton's Rocking W Ranch. Walton lives in a 4,432 square foot house. She is an avid horse woman and equestrienne. Walton was married twice, both in the mid 1970s, both brief. She has no children.

On October 7, 2011, her 62nd birthday, she found herself once again facing arrest for driving under the influence after a dinner with friends in Fort Worth.  It wasn't the first time.  In 1983, during a Thanksgiving family trip near Acapulco, Mexico, Alice Walton lost control of her rented Jeep and plunged into a ravine. She shattered her leg, was airlifted out of Mexico, and underwent more than two dozen surgeries to repair her leg. One leg remains shorter than the other as a result of that accident.

In April 1989, Alice Walton was speeding down a Fayetteville, Arkansas road, when she plowed into 50-year old cannery worker Oleta Hardin, who had stepped out onto the road. Hardin was killed. No charges were filed against Walton. She didn't even get a traffic ticket.

In 1998, Walton reportedly hit a gas meter while driving under the influence. She broke her nose when her car hit the aforementioned gas meter followed by a telephone box. At the time, Walton famously screamed "Do you know who I am? Do you know my last name?" to the officers who charged her with a DUI. As the responding officer was putting Walton in handcuffs the billionaire allegedly screamed "I'M ALICE WALTON, BITCH!" Walton's attorneys argued that fatigue from a long day at the office was to blame for her crash that day, not her blood alcohol content six points over the legal limit. She was convicted of four counts of drunken driving and could have faced up to a year in prison. Walton, whose net worth at the time was $6.3 billion, paid a $925 fine and walked free.

D Dipasupil/Getty Images

On October 7, 2011, when Walton was pulled over, she was informed that the registration on her SUV was expired.  Walton told the officer: "I have someone who does that for me."

Indeed, Walton has a lot of people who do a lot of different things for her. Her doctors, for instance. They wrote notes to the Parker County, Texas court explaining that Walton didn't pass the field sobriety test because she has not been able to maintain her balance since that 1983 Jeep crash in Mexico.

Today, Walton is worth more than $44 billion and with that comes some pretty superhuman legal strength.  Her lawyer's strategy in this latest DUI? Wait out the statute of limitations. The D.A.'s office went along with that plan. Last October (2013), Assistant Parker County Prosecutor Fred Barker told the Dallas NBC affiliate that they'd decided to let the statute of limitations expire. Despite the video evidence of her stumbling sloppily through her sobriety test, they didn't have enough grounds to pursue a case against Walton. No blood alcohol text had ever been conducted at the site of the arrest and the arresting officer was unable to testify after being mysteriously suspended in March 2013. Soon after, a Parker County judge granted a petition from Walton's attorneys to remove all records of the arrest from the county's files.

In an effort to rehab her image from this latest DUI scandal, Walton then appeared on the cover of Forbes, promoting an article in the magazine about her prodigious art collecting and her love of horses. Apparently, Walton's "lack of balance" doesn't affect her ability to climb up and ride a horse.

Read more: Will A $35 Billion Fortune Get You Out Of A DUI? Go Ask Alice… Walton.

What It's Like To Fly In A Private First Class Suite On Singapore Airlines – Where A Round Trip Ticket Could Cost $20,000+

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The only time in my life I've ever flown anything other than the cheapest back-of-the-plane coach was October 2015. It's hard to explain how this set of circumstances came to be, but I needed to travel from Sydney to Barcelona. I would be alone on a plane for basically 24 hours straight. Oh, and it happened to be my birthday. So when I needed to book my ticket, I broke down and splurged. I used up every American Express point I had earned over a 5 year period, plus an additional $3000 cash, and bought a First Class ticket.

The whole experience was amazing and might be the best birthday I've ever had. The first leg of the flight (from Sydney to Bangkok) was on a slightly older plane, but my seat was located upstairs, which had been on my bucket list since I was like 10 years old. The second leg of the flight (from Bangkok to Barcelona) was operated by Austrian Airlines, and this was pure luxury. Brand new plane, amazing food, flat screen TVs, fully flat beds. I was in heaven and never wanted it to end.

Well, thanks to travel blogger Derek Low, now my First Class experience basically feels a Greyhound bus ride from Phoenix to Tulsa. You see, Derek recently used all of his miles to fly First Class from Singapore to New York on what is generally considered the most luxurious airline in the world: Singapore Airlines. And not just regular First Class. Derek got a First Class Suite, which is basically like having your own Ritz Carlton hotel room in the sky. FYI, I just priced out a First Class Suite flight from Los Angeles to Tokyo on Singapore Airlines. Before I even got to taxes and fees, the round trip fare (for one person) had already topped $23,000!

I'm gonna post some highlights below, but if you want to understand the full experience of what it was like to travel on the most luxurious First Class airline in the world check out Derek's article right here. He does a great job of chronicling every step of the experience, from the First Class lounge, the food, the amenities, the drinks and more.

First, here's what the Airbus A380 looks like from the outside:

Singapore Airlines via Getty Images

Here's what Coach looks like:

ROSLAN RAHMAN/AFP/Getty Images

And Business Class:

Pascal Parrot/Getty Images

If you walk up a staircase behind Business Class, you are taken to First Class. Oh and by the way, the First Class section has showers. Showers! You can also drink as much Dom Perignon as you like and eat as much caviar as your tummy can handle.

stair

Photo via dereklow.co

Once you get up to this roped off paradise, here's what you will find:

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Photo via dereklow.co

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Photo via dereklow.co

These private suite doors open up this amazing little slice of heaven:

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Photo via dereklow.co

Pascal Parrot/Getty Images

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Photo via dereklow.co

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Photo via dereklow.co

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Photo via dereklow.co

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Photo via dereklow.co

Now if you'll excuse me, I need to go out and rob a bank so I can fly like this just one time in my life!

Read more: What It's Like To Fly In A Private First Class Suite On Singapore Airlines – Where A Round Trip Ticket Could Cost $20,000+

Have You Heard Of "Grumpy Cat"? You Wont Believe How Much Money This Feline Internet Celeb Has Generated

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Actors know that if they ever find themselves in a scene with a child or an animal, the audience will barely remember the adult performer. There is just something about small, cute things that makes everyone go a little bit ga-ga. It's why videos of babies sliding down the stairs, kittens sleeping on each other, and puppies sleeping on babies go almost instantly viral. We all seem to like that stuff. Nowhere is this natural inclination more apparent than with one feline superstar. Granted, she's not small. She's not particularly cute. However, she has gone viral in a big way, and become a true internet sensation. To date, she's generated over $100 million in revenue. No, that was not a typo and your eyes are not deceiving you. So just who is this four-legged entrepreneur's wet dream? Her name is Grumpy Cat.

Grumpy Cat, also known as Tarder Sauce, was born on April 4, 2012 in Morristown, Arizona. She is owned by Tabatha Bundesen, a former waitress at Red Lobster. Her distinctive expression, which earned her the nickname, Grumpy Cat, is caused by a combination of an under bite and feline dwarfism. Though her face appears to be set in a perpetual scowl, she is a sweet, calm, kind cat according to those who know her personally. Tabitha's brother, Bryan, posted a picture of the cat on Reddit in September 2012. The picture was quickly snatched up by other Reddit users, who began to add captions to the photo. Within days, the image had gone viral, and suddenly, "Grumpy Cat" captions were everywhere. From there, it was only a short walk to a veritable cat-centric empire.

Grumpy Cat

Grumpy Cat / Steve Jennings/Getty Images

As of October-2018, "The official Grumpy Cat" Facebook page had 8 million "likes". Her YouTube videos have racked up 38 million views.  She has 1.5 million Twitter followers and 2.4 million Instagram followers. Grumpy Cat has appeared on the covers of multiple publications, including The Wall Street Journal and New York Magazine. She's won multiple web-based awards, including Buzzfeed's "Meme of the Year Award" in 2013, the Friskies "Lifetime Achievement Award" in 2013, and being named MSNBC's "Most Influential Cat" in 2012. She has her own manager, Ben Lashes, who is known for repping other feline celebrities, including Keyboard Cat and Nyan Cat. Her owner no longer works for Red Lobster, and instead manages her schedule. Bryan, the brother who started it all, handles Grumpy Cat's various social media accounts, including overseeing her Facebook, Twitter, and YouTube presences. All of this internet-based popularity has turned this relatively docile cat into a money-making machine.

Between products, appearances on television shows, ad appearances, book deals, and photo shoots, Grumpy Cat has become one of the most successful animal actors ever. Her image has been copyrighted, and is now licensed to appear on a range of items, including t-shirts, mugs, and tote bags. A line of stuffed animals is currently being developed. A Grumpy Cat book was published July 23, 2013. It reached #7 on the New York Times Best Seller List. The book was followed by a calendar and a second book called, "The Grumpy Guide to Life". She has appeared on a large number of talk shows, including "Today", "Good Morning America", "Big Morning Buzz Live" on VH!, "The Soup", and even made appearances on the reality competition shows, "The Bachelorette" and "American Idol". She has also popped up on the MTV Movie Awards and on QVC. She has become somewhat of a "spokescat" for Friskies, appearing on their YouTube game show, "Will Kitty Play With It?" on multiple occasions. Other endorsement and product deals include commercials for Honey Nut Cheerios and the "Grumppuccino" iced coffee line from Grenade Beverage, LLC.

The brands and ad agencies that hire Grumpy Cat roll out the red carpet for her. Ben Lashes and her owner are reportedly quite choosy with regards to what products and services she is willing to lend her face to, and they require that she be treated in the same manner as a human star. She flies first-class, sleeps in private hotels rooms, is chauffeured around in a luxury vehicle with tinted windows, and the list of perks goes on. She is not your ordinary cat. She is a $100 million brand.  She is also a brand that is about to take the next step towards media domination. After an intense bidding war and major negotiations, Grumpy Cat made the move to the small screen. November 29, 2014 marked the premiere of Grumpy Cat's first television movie. Entitled, "Grumpy Cat's Worst Christmas Ever", the film, produced by LifeTime, follows Grumpy Cat during a rough holiday season. Aubrey Plaza provides the voice of Grumpy.

How does "the Marilyn Monroe of cats" feel about all the attention? She doesn't seem to care one bit. In fact, she sleeps through most her major media appearances, and when she's not being ferried around in her specially outfitted kitty carrier, she is busy acting. well, like a kitty. Only time will tell how, or if, all the media attention is getting to her. In the meantime, her manager, and her human family, are loving the fact that the whole world has fallen in love with Grumpy Cat.

Read more: Have You Heard Of "Grumpy Cat"? You Wont Believe How Much Money This Feline Internet Celeb Has Generated


For $110 Million You Can Own The Most Incredible Piece Of Land In America (My Opinion) – But You'll Also Face A Decade Of Legal Battles

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I grew up in an area of Northern California called Marin County. Located on the other side of the Golden Gate Bridge across from San Francisco, Marin County is a wealthy suburb made up of rolling hills and picturesque views from the mountains to the ocean. My favorite part about Marin is that it's where a bunch of awesome celebrities moved after they struck it rich. Celebrities such as George Lucas, Jerry Garcia, Andre Agassi, Carlos Santana, Sammy Hagar, Huey Lewis and the members of Metallica (James Hetfield relocated to Colorado in 2014, but he is still one of the county's largest land owners), have all called Marin County home.

Tupac actually spent part of his teen years in Marin County attending Tamalpais High School. From his apartment in an area called Marin City, Tupac's view looked directly out at a town called Tiburon.

In my opinion, Tiburon is where you want to live after you sell your company for a billion dollars. Sure, you could buy a house down in Silicon Valley or even Los Angeles, but only Tiburon allows you to live in a ridiculous mansion that has a private beach and unobstructed views of the Golden Gate bridge while also being just a 30 minute ferry ride to San Francisco or a 30 minute drive to Napa.

Beverly Hills is amazing, right? Yes, but in reality a big chunk of Beverly Hills is apartment complexes and shopping districts. And most of the actual "mansions" in BH are on flat streets with no views and lots that share a backyard wall with two neighbors.

Imagine if you took Beverly Hills, stretched out so that half the land was rolling undeveloped hills and plopped it into the middle of a bay. Then imagine if you squished the land together so every house had an amazing view. That's Tiburon. Here's a map view:

Tiburon, via Google

In the area circled in red above, a two-acre parcel of land could easily cost $5-10 million. So how much would a sprawling 110-acre plot of undeveloped land cost? And what if those 110-acres were spread over Tiburon's most desirable hill with perfect 360-degree views of the entire Bay Area?

The answer? $110 million.

And believe it or not, that actually sounds like a bargain to me. In a different world, this property should sell for way way way more than $110 million. Easily $200-300m, or more. There should be tech billionaires lining up to bid for the rights to build a dream palace right here:

So why hasn't a billionaire built a ridiculous compound here yet? Well, for one, the property hasn't been on the market in over 100 years. And secondly, this property, now branded as "Easton Point", comes with a catch. A big catch that I'll explain below.

Below is another map of Tiburon. I've circled the area now known as Easton Point that is now for sale:

Martha Co/Easton Point

The Catch

If you buy Easton Point, you are also buying a decade (maybe multiple decades) of legal battles with local residents who want to keep the land undeveloped to preserve its beauty, wildlife and hiking trails.

It's an interesting dilemma. In 1912, a person named John Reed, was smart enough to buy this land from the county. In 1958, John Reed's five living heirs formed a company to own the land. The company was called The Martha Co. and each of the five branches of his descendants were given an equal ownership stake.

Shouldn't these lucky heirs be allowed to reap the maximum amount of benefits afforded to them by their lucky and forward-thinking grandfather? Imagine if your grandparent was smart enough to buy an acre of beachfront property in The Hamptons or 10,000 shares of Coca Cola back in 1935. Shouldn't you be rich today from those wise investments?

John Reed's descendants thought so, and in the early 1970s they filed plans to develop several hundred apartment and single-family home units on the land. They were quickly met with fierce resistance.

Not coincidentally, in 1974 Marin County passed a law that re-zoned properties like the Martha Co. to only have single-family homes with MINIMUM 10,000 square foot lots. This law effectively reduced the number of build-able units on the land from several hundred to just 34.

In 1975, the Martha Co. sued Marin County for essentially stealing their land without offering them any form of compensation.

The last 40+  years have been nothing but lawsuits. Local, state and federal. To complicate matters, over those 40+ years, residents cut down fences around the property and began hiking as they pleased.

I've done it before. It's a gorgeous hike.

Residents now claim that the land has transformed into a public space that could never be developed into even a single home. For their part, the Martha Co. has consistently pointed out that hikers are trespassing on private property.

In 1988, Martha filed to build 70 lots. They were denied. In 1990 they filed to build 30 lots while still appealing the denial of their 70-lot plans. Denied. In 1992 they filed to build 32 lots. Denied. In 1994, twenty years later, they finally won approval to build 19 lots. They could potentially build 43 if they solved some water and road issues. But wait! Construction was then held up for a full decade after a scientist found an endangered spider on the land. Literally ONE spider. Maddeningly, after a decade of delays it was eventually determined that this endangered spider was not at all endangered. It was a totally common spider. Today construction is on hold as several lawsuits seek to show that there's a legal precedent to keep the land accessible to the public.

Here's an artist's rendering of the potential planned housing development:

After 40+ years the Reed family descendants are ready to throw in the towel, lick their wounds and recoup some money. Over the years, they've actually spent more than $10 million on various surveys, studies, architectural plans and, obviously, lawsuits.

So if you buy this property, that's the kind of fight you are facing. Oh. And if you spend $100 million to buy it, you'll owe $1 million in property taxes every year as the legal battle wages on for another decade or two.

Now let's look at the prize that's up for grabs. Take a look at this video that was recently put out by the Martha Co.'s real estate agency and you'll understand the significance and beauty:

If a private buyer does not step up, local residents have raised around $3 million to buy the land. Clearly that's not going to work for the Reed family. Local residents have also made it clear that even if a new owner plans to just build ONE HOUSE, they will fight them bitterly for as long as they can.

Another option would be a San Francisco-based organization called the Trust for Public Land, which has spent $8 billion since the 1970s buying 3 million acres of property all over the country. The Trust has been known to buy private properties for $10+ million. It even spent $100+ million to buy 10,000 acres of the Rocky Mountains in Colorado. Is The Trust interested in preserving  this open space in their backyard? Could they come up with $50 million, and would the Reed family accept it?

And then there's my favorite option: Mark Zuckerberg, a billionaire who is about as popular nowadays as diarrhea on your honeymoon, should buy the property for full value and donate it to the state. He'll get a huge tax write off and maybe a slight improvement in his public image. Martha Co. gets their money. Residents get their land. Win, win, win.

What are your thoughts? If you had the money, would you buy Easton Point and roll the dice? What is the market value of an extremely amazing piece of property that also comes with a horrendous uphill legal battle? You might be better off driving an hour south to buy this 74-acre property in Woodside, California. Or you could spend $150 million to buy the late Paul Allen's 122-acres in Beverly Hills. As long as you're not planning to build 50 homes and apartments on either property, you won't have any legal problems. But you also won't have the views of Easton Point!

Read more: For $110 Million You Can Own The Most Incredible Piece Of Land In America (My Opinion) – But You'll Also Face A Decade Of Legal Battles

Thai Billionaire And Leicester City Owner Vichai Srivaddhanaprabha Just Died In A Helicopter Crash Outside The Team's Stadium

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Truly sad and shocking news coming out of England just now. Self-made Thai billionaire Vichai Srivaddhanaprabha, one the 20 richest sports team owners in the world, has died in a helicopter crash outside of his own soccer stadium. He was 60 years old. Three passengers and the helicopter pilot also died.

The crash occurred just outside of King Power Stadium, home of Leicester City football club, which Vichai owned. The stadium is named after his King Power duty free empire back in Thailand.

PAUL ELLIS/AFP/Getty Images

Vichai routinely traveled to Leicester games from his home in London by helicopter.

Today (technically last night local time), about an hour after Leicester tied rival West Ham, his helicopter landed at center field to pick up Vichai and three companions. Seconds after takeoff, just as the helicopter cleared the stands, it crashed outside the stadium.

Michael Regan/Getty Images

Vichai Srivaddhanaprabha was the third richest person in Thailand and one of the 400 richest people in the world at the time of his death with a net worth of $5 billion. As we mentioned previously, he earned his fortune off King Power, which he started in 1989 and today is the largest duty free company in Thailand.

He was self-made, starting with one store in downtown Bangkok and eventually expanding to dozens of locations across the country. Today King Power generates $2 billion per year in revenue.

A lifelong soccer fan, he bought Leicester City in 2010 for $50 million. In 2016 the team pulled off one of the greatest underdog stories in sports history when they won the Premier League Championship title against all odds. As my soccer fanatic friend put it, Leicester City winning the Premier League would as if a minor league baseball team from Little Rock, Arkansas won the Major League Baseball World Series.

The win made him a local God.

After the victory the value of Leicester was re-assessed at $500 million. In 2018, team revenue was $300 million, with $100 million in profits. In 2011 the team lost $25 million. In 2012, the team lost $30 million.

To reward them for their incredible win, Vichai gave each of his players a $130,000 BMW i8:

Getty Images

Getty Images

In May 2018, Vichai expanded his sports empire when he acquired a Belgian team called OH Leuven.

It's unclear what will happen to Vichai Srivaddhanaprabha's sports and business empires after his death. He is survived by four children and a wife. Presumably they will take control.

We're so sorry for their loss. RIP.

Read more: Thai Billionaire And Leicester City Owner Vichai Srivaddhanaprabha Just Died In A Helicopter Crash Outside The Team's Stadium

Chrissy Metz Net Worth

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Chrissy Metz net worth and salary per episode: Chrissy Metz is an American actress and singer who has a net worth of $7 million. Chrissy Metz was born in Homestead, Florida in September 1980. She is best known for starring as Kate Pearson on the television series This Is Us beginning in 2016. Metz first appeared in episodes of the TV series All of Us and Entourage in 2005. She has appeared in films including Loveless in Los Angeles, The Onion Movie, and Sierra Burgess Is a Loser. Chrissy Metz had a recurring role on the series American Horror Story as Ima "Barbara" Wiggles from 2014 to 2015. She has also appeared in episodes of the TV series My Name Is Earl, Huge, and The Last O.G. In 2018 she won a Screen Actors Guild Award for Outstanding Performance by an Ensemble in a Drama Series for This is Us. Metz has also been nominated for two Golden Globe Awards and a Primetime Emmy Award for This Is Us.

This is Us salary: As of 2018, Chrissy Metz earns $250,000 per episode.

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Nick Caporella Net Worth

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Nick Caporella net worth: Nick Caporella is an American businessman who has a net worth of $4.4 billion. Nick Caporella is best known for being the founder, chairman, and CEO of National Beverage company. He worked as a contractor before forming the company in 1985. Caporella worked as the CEO of Burnup & Sims, a telecom and cable company. Some of National Beverage's products include LaCroix, Shasta, and Faygo. It is one of the top five largest soft drink companies in the United States. Nick Caporella purchased the company to fend off an unwanted acquisition by someone who worked at his previous company Burnup & Sims Inc. He purchased Shasta Beverage in 1985 from Sara Lee Corporation for $40 million and later purchased Faygo. The company also includes the energy drink Rip It. Nick is the son of a Pennsylvania coal miner. National Beverage's shares shot up starting in 2015 from the popularity of LaCroix sparkling water.

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Bert Beveridge Net Worth

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Bert Beveridge net worth: Bert Beveridge is an American businessman and entrepreneur who has a net worth of $4 billion. Bert Beveridge is best known for being the founder of Tito's Vodka. Bert "Tito" Beveridge was born in San Antonio, Texas. He started out producing spirits as a hobby and formed Fifth Generation, Inc. and the Mockingbird Distillery in 1997. He started the company with $90 thousand he borrowed using 19 credit cards and during that time he slept on floors and couches. In 2001 Tito's got its big break by winning the World Spirits Competition against 72 other vodkas. Tito's Vodka is one of the fastest growing brands of spirits in the United States and sold 44 million bottles in 2016 and 63 million in 2017. Bert Beveridge graduated from the University of Texas at Austin. He donates 100% of his online store net proceeds to nonprofit organizations. Tito's Vodka is made from yellow corn instead of wheat or potatoes.

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Lauren Sánchez Net Worth

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Lauren Sánchez net worth and salary: Lauren Sánchez is an American news anchor and entertainment reporter who has a net worth of $30 million. Lauren Sánchez was born in Albuquerque, New Mexico in December 1969. She has appeared on several television series and co-hosted the TV series Good Day LA on KTTV Fox-11. Sanchez also hosted the 10 o'clock news for the station. She worked as a weekend anchor and special correspondent for the series Extra. Lauren Sánchez has also regularly appeared on many other TV series including Larry King Live, Showbiz Tonight, The Joy Behar Show, and The View. As an actress she has also appeared in several films and episodes of TV series including Babylon 5, Fight Club, Girlfriends, The Day After Tomorrow, Cellular, The Longest Yard, Fantastic Four, Akeelah and the Bee, Fantastic 4: Rise of the Silver Surfer, College Road Trip, Killer Movie, NCIS, Days of Our Lives, We Bought a Zoo, Ted 2, and more. Lauren has been married to agent Patrick Whitesell since 2005. Patrick is one of the two primary partners in the agency WME which owns the UFC as well as agencies IMG and Endeavor. Patrick's net worth is north of $300 million thanks to his ownership stake in the agency. In 2006, the two paid $11 million for a Beverly Hills mansion. In 2017, they paid $4.5 million for the vacant lot next door to expand their yard. That lot was previously owned by the late director Tony Scott who bought in 2003 for $800,000. Tony's widow sold the lot for $2.85 million to a real estate developer who then sold it to the Whitesell/Sanchezes for $4.8 million. That's a $2 million profit for holding the lot for ONE WEEK. Patrick and Lauren must have really wanted to own it!

Read more: Lauren Sánchez Net Worth

Charlie Cox Net Worth

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Charlie Cox net worth and salary: Charlie Cox is an English actor who has a net worth of $5 million. Charlie Cox was born in London, England, United Kingdom in December 1982. From 2011 to 2012 he starred as Owen Sleater on the television series Boardwalk Empire. Cox began starring as Matt Murdock / Daredevil on the TV series Daredevil in 2015. In 2017 he also played the same role on the TV mini-series The Defenders. Charlie Cox has starred in several films including dot the I, The Merchant of Venice, Things to Do Before You're 30, Casanova, The Maidens' Conspiracy, Stardust, Stone of Destiny, Glorious 39, There Be Dragons, Hello Carter, The Theory of Everything, King of Thieves, and more. He has also appeared in episodes of the TV series Judge John Deed, Lewis, Downton Abbey, Moby Dick, and more. Charlie Cox won a Screen Actors Guild Award for Outstanding Performance by an Ensemble in a Drama Series for Boardwalk Empire in 2012 and was nominated for the same award in 2013 and 2015.

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Natalie Alyn Lind Net Worth

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Natalie Alyn Lind net worth and salary: Natalie Alyn Lind is an American actress who has a net worth of $3 million. Natalie Alyn Lind was born in June 1999. She is the daughter or actress Barbara Alyn Woods and producer John Lind. Her two young sisters Alyvia and Emily are also actresses. In 2015 she starred as Silver St. Cloud on the television series Gotham. Lind starred as Dana Caldwell on the TV series The Goldbergs from 2013 to 2017. She began starring as Lauren Strucker on the series The Gifted in 2017. Natalie Alyn Lind has starred in the films Blood Done Sign My Name, Kaboom, and Mockingbird. She has also appeared in episodes of the TV series One Tree Hill, Army Wives, Flashpoint, iCarly, Criminal Minds, Wizards of Waverly Place, Murder in the First, Chicago Fire, and more. In 2018 she was nominated for a Young Artist Award for Best Performance in a TV Series – Leading Teen Actress.

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Christian Borle Net Worth

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Christian Borle net worth: Christian Borle is an American actor who has a net worth of $3 million. Christian Borle was born in Pittsburgh, Pennsylvania in October 1973. He has acted on stage in addition to in film and television and has won two Tony Awards for starring as William Shakespeare in Something Rotten! And as Black Stache in Peter and the Starcatcher. From 2012 to 2013 he starred as Tom Levitt on the TV series Smash. Christian Borle has had recurring roles on the series Masters of Sex as Frank Masters in 2014 and on the series The Good Wife as Carter Schmidt from 2013 to 2015. He has appeared in the films Stonewall, The Bounty Hunter, and Blackhat. Borle has also appeared in episodes of the TV series Law & Order, The Sound of Music Live!, Sweeney Todd: The Demon Barber of Fleet Street: Live from Lincoln Center, Peter Pan Live!, Gilmore Girls: A Year in the Life, and more.

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Neal Dodson Net Worth

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Neal Dodson net worth: Neal Dodson is an American film producer who has a net worth of $10 million. Neal Dodson was born in York, Pennsylvania in May 1978. He has produced several films including Margin Call, Periods., Breakup at a Wedding, Banshee Chapter, Hateship Loveship, Hollidaysburg, A Most Violent Year, Aardvark, Never Here, Jonathan, Viper Club, and more. Dodson produced the TV series documentary The Chair in 2014. He has also produced several shorts including Chinese Dream, Shade, Numero Dos, Another Cinderella Story, Buddy 'n' Andy, Bordeaux, Hostage: A Love Story, Before After, Forefathers, Hags, Before After II, Last Guy on Earth, Nam, DEC. 26, Viking Wives, Re:Creation, Dog Eat Dog, Fops, East of Eden, Couch, and more. As an actor Neal Dodson appeared in episodes of the TV series All My Children and Guiding Light. In 2012 he won an Independent Spirit Award for Best First Feature for Margin Call.

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Billionaire Roundup: It's A Mad Mad, Mad, Mad World

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Howdy party people. It's almost Halloween. Do you have your costume all picked out? Wow, there has been a lot going on in the world lately and most of it seems to leave people thinking "what the actual f." But even when everything seems to be going insane, our favorite billionaires are still out there doing what they do because, let's face it, their money makes them basically untouchable. In this edition of the Billionaire Roundup, we've got info on missing Tanzanian billionaire Mo Dewji, a Russian billionaire facing a hefty price for his divorce, and the mysterious tale of a Russian setting up an American company before a meeting at Trump Tower.

Missing Tanzanian Billionaire Freed After Nine Days
On October 11th, Africa's youngest billionaire, Mohammed "Mo" Dewji was kidnapped from a luxury hotel in Dar es Salaam as he was leaving the gym. At about 3:15am local time Saturday, he was found. Dewji attended the news conference announcing that he was safe. No details have been provided. It is unclear of his family paid the $440,000 ransom they were offering. Dewji's abduction made international headlines.

A Russian Oligarch And His $586 Million Divorce Battle
Farkhad Akhmedov is a Russian billionaire going through a divorce in the U.K. He's looking at a $586 million payout to his ex-wife Tatiana Akhmedova. He just lost a court case in Moscow where he was trying to prove that his marriage had ended 16 years earlier. Farkhad was ordered to pay his ex-wife $586 million after a trial in London that he refused to take part in because he insisted he was already divorced in Russia. Unfortunately for him, the Moscow City Court rejected his claim that he was already divorced. His ex-wife is trying to seize his 380 foot super yacht the MV Luna to enforce the settlement. The ship is currently impounded in Dubai.

Victor Boyko/Getty Images

Russian Billionaire Set Up American Company Ahead Of Trump Tower Meeting
Aras Agalarov is the Russian billionaire that put together the now infamous meeting at Trump Tower in June 2016. Now it has been revealed that he set up a new American shell company a month before that meeting. The shell company was set up with the help of an accountant who has a number of clients accused of embezzlement and money laundering. Agalarov created the U.S. company anonymously with the intention of moving $20 million into the country during the presidential election. The company was set up in May 2016 by his Russian born accountant.

In June 2016, Agalarov reportedly offered Trump's campaign team damaging information from the Kremlin about Hillary Clinton. That is what led Donald Trump, Jr. to set up the meeting that is now one of the focuses of Special Counsel Robert Mueller's investigation into Russian interference in the U.S. Presidential election.

Agalarov is a Moscow based property developer with close ties to Vladimir Putin.

Read more: Billionaire Roundup: It's A Mad Mad, Mad, Mad World

Inside The $40 Billion Feud Between India's Ambani Brothers

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Mukesh and Anil Ambani are billionaire brothers. Just two years apart, they grew up being groomed to take over the company their father built, Reliance Industries. Reliance Industries first exported spices to Yemen, then entered the yarn business. Mukesh, Anil and their family lived in a two bedroom apartment in the relatively downtrodden Bhuleshwar area of Mumbai. Their building was what Americans would call a tenement. When Reliance began to thrive in the late 1960s, the family moved up into one of Mumbai's best neighborhoods. For years, Mukesh and Anil ran Reliance side-by-side. Then, in 2002, the Ambani brothers' father Dhirubhai Ambani had a stroke and died. He did not leave a will. A war erupted between Mukesh and his brother Anil over Reliance Industries. The fight over Reliance would last several years until their mother Kokilaben intervened and brokered a peace. The resulting agreement gave Anil control of all of Reliance's telecommunications, asset management and entertainment. Mukesh was given the company's oil, textile and refining assets.

Today, the divide between the Ambani brothers remains. But one of them is doing considerably better than the other – about $40 billion better. Mukesh Ambani, at 61, has a $40 billion fortune. His little brother Anil Ambani, just $1.5 billion.

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Mukesh has been the driving force behind a push to bring India into the 21stcentury in its telecommunications industry. Reliance Industries Ltd. has $100 billion in revenue. He has had a great year. Anil, on the other hand, hasn't had such a great year. A number of his businesses have faced legal and liquidity challenges that caused his company stock to plummet and erase nearly half his net worth.

Note that Anil was given Reliance's telecommunications unit. However, it is Mukesh who has spent $35 billion of Reliance's money to bring the first all 4G wireless network to India, called Reliance Jio. This allows him to offer free phone calls and exceptionally inexpensive data and give 1.3 billion people access to global tech and ecommerce giants. This relatively simple act has upended the telecom industry in India and sent his competitors into a tailspin trying to keep up.

When Reliance was divided between the brothers in 2005, there was a non-compete clause in place. That non-compete was thrown out in 2010 and Mukesh began his invasion of the Indian telecommunications industry.

Jio was a very big bet for Mukesh. It also gives Mukesh the chance to build a company – and thus a legacy – outside of the specter of the company he inherited. Mukesh has been pouring money into this venture for most of the past decade and only now starting to see returns. It was worth the wait.

Jio's 4G network hit remote Indian villages in 2016. By this summer, less than two years later, Jio had 227 million users and is turning a profit. Competitors were scrambling to keep up and couldn't, as Mukesh's company was offering phone and data plans for $2.10 a month.

PUNIT PARANJPE/AFP/Getty Images

It was the brothers' father's old oil and petrochemicals business that ultimately funded Mukesh's 4G network. Of course, Mukesh has grown Reliance by leaps and bounds since he took over, but it is still the oil and petrochemicals division that accounts for 90% of Reliance's profit.

During the same time period, Anil has been selling off assets to satisfy investor worries about the debt load of his companies that has contributed to the decline in share prices. Anil also invested billions to expand his business, but the fact is he didn't have the oil and petrochemical arm of the business to fuel growth. So, like many Indian businesses, Anil's companies took on debt to finance growth. This borrowing spree by Anil and other business owners has led India's banks to have one of the worst bad loan ratios in the world. When the central bank of India started cracking down on the $210 billion of debt, companies who had highly leveraged themselves found themselves in trouble. This is where Anil and his companies are at right now.

Anil's Reliance Naval & Engineering Ltd. has been the worst performer in his portfolio, with a 76% drop in share price. Anil bought the company in 2015, betting that defense would be the next big growth segment. This company's loan accounts have been "irregular or substandard" since 2014, according to a statement from the company. Two of Reliance Naval's creditors have an ongoing lawsuit that will likely send the company into insolvency.

Anil's Reliance Infrastructure Ltd., which built the first metro line in Mumbai, missed a bond payment this summer while it was waiting for the money from the sale of its power transmission assets. Reliance Power Ltd., which is also Anil's, has been in decline for a decade. Reliance Capital Ltd. has also had a decline in share price this year.

The biggest challenge Anil faces, however, is from Mukesh's business.

Reliance Communications Ltd was once the flagship of Anil's portfolio. However, it has been slammed by the price war Jio started. Rcom sold its 178,000 kilometer fiber optic network for 30 billion rupees as part of a plan to divest of all of its wireless assets and leave the mobile phone business entirely. Mukesh's Jio was the buyer.

The success of Mukesh's telecommunications business brings the battle of the brothers to an end. $40 billion is a big mountain to climb, and Anil's next venture carries no guarantees of success. Anil is now gradually selling off RCom to pay its debts and refocusing his company on real estate. He is working on a planned city across the bay from Mumbai that he thinks will create $250 billion in value for investors.

Meanwhile Mukesh is gearing up to get into an e-commerce platform that would merge his telecom and retail businesses to take on Amazon and Walmart.

Mukesh Ambani: $40 billion and growing.
Anil Ambani: $1.5 billion, fortune has dropped by 50% this year.

Read more: Inside The $40 Billion Feud Between India's Ambani Brothers

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