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wealthyinspirations · 3 years
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Pamela Anderson Lists Modern Custom-Built Malibu Mansion In Gated Community For $15 Million Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Men of a certain age like myself (35+) were ushered into manhood in the mid-to-late 1990s thanks very largely to a bikini-clad Pamela Anderson and her slow-motion beach runs that could be seen every week on the iconic series, "Baywatch". Many of us 35+ men have long fantasized about sleeping in Pamela's bedroom. And now, for the low-low-price of $15 million, some lucky guy can finally make that dream come true. Unfortunately, Pam is not included in the sale price. This week Pamela listed her longtime Malibu mansion for $14.9 million. She bought the property in 2000 for $1.8 million and proceeded to spend a decade and $8 million, custom-building an impressive 5,500 square-foot modern-style mansion that isn't oceanfront, but it is across the street from the oceanfront homes. Pam previously tried to sell the home back in 2013. After not getting her then-desired price of $7.75 million, she converted it into a rental. For much of the last 8 years she has rented it for $50-60,000 in summer months and $40,000 per month for a long-term renters. According to an interview she gave at the end of 2020, Pam has had a long-term renter paying $40,000 per month for the last two years. Here's a video tour of the impressive home from a previous listing: The home is located in the ultra-exclusive Malibu Colony gated community, which some would argue is the most-desirable address to have in all of Malibu. Pam moved into the gated community in 2000 after a rather unpleasant experience with a fan at her former home, a beachfront property that was also in Malibu. For years Pam was annoyed by fans who would walk right up to the edge of her former home from the sand to catch a peak of the star. These annoyances took a dangerous and creepy turn in 2001. In March 2001, a 27-year-old French woman traveled from France to Malibu. After locating Pam's house, the stalker rang the doorbell. When no one answered, the woman broke into Pam's house and proceeded to live there for three days. When Pam finally came home, she walked into the guest bedroom hoping to change the sheets for her father who was arriving later that day. Upon entering the guest room, sheets in hand, Pamela found the woman laying in the bed. Worse still, the stalker had rummaged through Pam's closet, found an iconic show-used red Baywatch bathing suit and put it on. That's what she was still wearing when Pam came home and found her in the bed. The woman was holding a letter that apparently read: "I'm not a lesbian, I just want to touch you." After that unnerving incident Pam decided to move to the gated Malibu Colony up the street where it's much more difficult for the general public to just walk up to homes, or even the beach, without being pounced upon by the community's guards. At some point Pam grew tired of her Colony mansion and Malibu in general. That's why the home has been largely rented for the last eight years. In that time, Pam has bounced around the world a bit, living in England while she was reputedly dating Julian Assange, then the South of France. Today she is living full-time on an island in British Columbia where she owns a six-acre property. She actually bought the Canadian property from her grandmother decades ago. Pam's parents lived on a cabin on the grounds before she was born. They also were married there. Today, Pam has converted the property into a private personal sanctuary. Famously a pet and animal advocate, she recently converted a barn into an animal rescue.
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wealthyinspirations · 3 years
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Trump Family Lists Oceanfront Palm Beach Mansion Across From Mar-a-Lago For $49 Million Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive An eight-bedroom, 10,455 square-foot Palm Beach mansion just hit the market. The asking price? $49 million. The seller? A company registered to Donald Trump's two eldest sons. Built in 1956 in the "West Indies" style, the mansion sits on 194-feet of beachfront property. In 2004, Donald's sister, Judge Maryanne Trump Barry, purchased the property in 2004 for $11.5 million. In May 2018 she transferred the deed to a Delaware-based LLC called "1125 South Ocean LLC" for an unrecorded amount. Eric Trump and Don Jr. are listed as officers of the LLC. Eric is the President, Don Jr. is the Vice President. The Palm Beach Daily News also reports that the home is carrying a roughly $11.25 million mortgage. Not sure if that's just a funny coincidence, but note that the mortgage amount, $11.25 million, perfectly matches the home's street address, 1125 South Ocean. I'm surprised Eric and Don didn't list the home for $45 million, a nod to Donald being the 45th president… but then again they'd rather have the extra $4 million. In recent years when Trump family members haven't been staying at the mansion, it has been used as a rental, fetching a reported $100,000 per month. As you'll see in the video below, the property is just across the street from Trump's famous Mar-a-Lago club. In addition to incredible ocean views and lush grounds, the owner of 1124 South Ocean also receives a full membership to Mar-a-Lago which includes golf privileges at Trump's nearby golf course. Whoever buys the house, I'm almost certain it won't be a super rich Hollywood liberal
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wealthyinspirations · 3 years
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Fernando Tatís Jr Net Worth Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Fernando Tatís Jr. Net Worth and Salary: Fernando Tatís Jr. is a Dominican-born professional baseball player who has a net worth of $10 million. In 2015, The Chicago White Sox drafted Tatís Jr. as a 16-year-old international free agent. He played three seasons in the minor leagues before making his professional debut in 2019 with the San Diego Padres. Fernando had an impressive rookie season, and even though it was cut short because of a back injury, he still earned third place for the National League's Rookie of the Year. Before starting the 2021 season, Tatís Jr. signed a contract with the San Diego Padres worth $340 million over 14 years. Fernando's deal is the third richest in MLB history. Early Life:  Tatís Jr. was born on January 2nd of 1999 in San Pedro de Macoris, Dominican Republic. His father, Fernando Tatís, played professional baseball in the MLB. His mother's name is Maria, and he has a brother named Elijah. In 2015, at the age of 16, Fernando was signed from the Dominican Prospect League by the Chicago White Sox. In June of 2016, Tatís Jr was traded to the San Diego Padres and began playing in the minor leagues with the Arizona Padres and the Tri-City Dust Devils. In 2017 and 2018, Fernando continued his minor league career with the Fort Wayne TinCaps and the San Antonio Missions. He made stand-out performances, hitting a combined 38 home runs and 118 RBI's during the two seasons. By the end of 2018, he was widely regarded as the top prospect in the country. Career: On March 26th of 2019, The San Diego Padres announced that Tatís Jr. had made their roster. Two days later, in his major league debut, Fernando had two hits in a win against the San Francisco Giants. A few days later, Tatís Jr. hit his first major league home run. His season ended in August after suffering a back injury. He finished the year with 61 runs, 22 home runs, and 106 hits in 84 games. Despite only playing half of the season, he was voted third for the National League Rookie of the Year award. During the 2020 season, Fernando was instrumental in the Padres' achievement of setting an MLB record of four consecutive games with a grand slam. Tatís Jr was criticized for the grand slam he hit against the Texas Rangers after he swung at a 3-0 pitch late in the eighth inning. Fernando supposedly broke the "unwritten rule" by embarrassing the Rangers, as San Diego was already leading by seven runs. Most people defended Tatís Jr. He was also on base for the three other record-setting grand slams. (Photo by Brady Klain/Getty Images) At the end of the 2020 season, Fernando was ranked in the top ten of many batting statistics and helped his team to the fourth seed in the National League, earning them a position in the playoffs. In Game two of the Wild Car Series against the St. Louis Cardinals, Tatís Jr. hit two home runs that helped the Padres win the game. They won the series and moved on to face the Los Angeles Dodger, but lost after three games. That year, Fernando finished in fourth place for the National League MVP. Before the 2021 season, at the age of 22, Tatís Jr signed a 14-year contract with the Padres worth $340 million. His contract is the third richest in MLB history and is the richest signed by a player not eligible for salary arbitration. Personal Life: Fernando's father played third base in the MLB for 13 seasons from 1997 until 2010.  Tatís Jr. has one brother named Elijah, who was signed as an infielder by the Chicago White Sox in 2019.
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wealthyinspirations · 3 years
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Deacon Jones Net Worth Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Deacon Jones Net Worth and Salary: Deacon Jones was an American professional football player who had a net worth of $2.5 million at the time of his death in 2013. He played defensive end in the National Football League for the Los Angeles Rams, San Diego Chargers, and the Washington Redskins. He was known for quarterback "sacks," a term which he coined. Jones was nicknamed "the Secretary of Defense" and is regarded as one of the greatest defensive players of all time. Deacon played most of his 14 seasons in the NFL with the Rams, where he earned All-Pro honors five years in a row. In 1980, Jones was inducted into the Pro Football Hall of Fame, and in 1999, The Sporting News ranked him number 13 on their list of 100 Greatest Football Players. In 2013, Deacon passed away at his home in Anaheim Hills, California. He was battling lung cancer and heart disease. Early Life: Jones was born on December 9th of 1938, in Eatonville, Florida, to his parents Ishmael and Mattie. He grew up in a family of ten in a small, four-bedroom house. Deacon attended Hungerford High School, where he played baseball, football, and basketball. During high school, Jones had surgery to remove a tumor that developed in his thigh. Deacon enrolled at South Carolina State University in 1958 on a scholarship and began playing on the football team. After his freshman year, South Carolina State revoked Jones' scholarship after discovering he participated in a protest for the Civil Rights Movement. He then spent 1959 inactive. In 1960, Deacon transferred to Mississippi Vocational College after the assistant coach at South Carolina State left the university and told Jones and other African-American players he could secure scholarships for them at Mississippi Vocational. While playing games out of town, Deacon and his African-American teammates were forced to sleep in cots in the opposing team's gymnasium, as most motels would not allow them a room because of their skin color. Career: Because of the lack of modern-day media and scouting networks, Jones was mostly overlooked as a prospect. The Los Angeles Rams discovered him by accident when they were scouting for running backs and saw that Deacon was outrunning all of them. The Rams then selected Jones in the 14th round of the 1961 NFL draft. He immediately earned a starting role on the team and was placed beside Merlin Olsen, which gave the Rams a fierce All-Pro left side of the defensive line. Deacon became part of what was known as the Fearsome Foursome defensive line of the Rams. Along with Lamar Lundy, Rosey Grier, and Olsen, they are now considered the best defensive line of all time. Starting in 1965, Jones received All-Pro honors in five straight years and played in the Pro Bowl seven years in a row, from 1964 to 1970. During this time, Deacon coined the phrase "sacking the quarterback, " which he later described as putting the quarterback in a burlap sack and beating the bag with a baseball bat. He was considered by many to have revolutionized the position of the defensive end. Jones was unique for his speed and ability to make tackles sideline to sideline. He was also the first pass rusher to use the technique of "head slap," which is when a defensive end will slap the helmet of an offensive lineman to throw them off guard. (Photo by Kevin Winter/Getty Images) After the 1971 season, Deacon was traded to the San Diego Chargers. He was named captain of the Chargers' defense and led all defensive linemen on the team in tackles. He played two seasons with the Chargers, and in 1974, Jones was traded to the Washington Redskins, where he played his final season. In the final game of Deacon's career, the Redskins allowed him to kick the point-after-touchdown and was the game's last score. Throughout his NFL career, Jones was a sturdy, consistent player. He played 14 seasons and only missed six games out of 196. In 1980, in his first year of eligibility, Deacon was elected to the Pro Football Hall of Fame. In 1994, he was named to the NFL's 75th Anniversary All-Time Team, honoring the greatest players in the first 75 years of the NFL. In 2010, Jones was named to the inaugural...
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wealthyinspirations · 3 years
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Shahid Khan Moved To The U.S. With Nothing, Today He's Worth $9 Billion Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive We first learned about billionaire Shahid Khan in late 2011, when he emerged as the surprising new owner of the NFL's Jacksonville Jaguars. Khan was born in Pakistan and is the first ethnic NFL owner in the history of the sport. He's also a really inspiring rags-to-riches story. Long before he was a billionaire NFL team owner, he lived in a $2 a night room at a YMCA and made $1.20 per hour washing dishes. Needless to say, he's come a long way. Khan moved to the U.S. from Pakistan as a 16-year-old engineering student at the University of Illinois. He arrived in Champaign in the middle of an Illinois winter, with a blizzard swirling around him. He had just $500 to his name, which was his family's entire life savings. The dorms weren't open yet, so he found a room at the YMCA and got a job in that facility's kitchen washing dishes so that he wouldn't burn through his $500 too quickly. Once Khan moved into the dorms, he embraced American college life by joining the Beta Theta Pi fraternity. He graduated in 1971 with a degree in industrial engineering and took a job with a local aftermarket auto parts company called Flex-N-Gate. Khan oversaw production at Flex-N-Gate for seven years and during that time observed that the company's bumpers were not manufactured efficiently. He tinkered with the process to make it less complicated and in the process, revolutionized the business. Julio Aguilar/Getty Images In 1978, Khan founded his own company with a small business loan. Customers flocked to his Bumper Works venture. Khan came up with a design that made bumpers from a single piece of steel rather than a number of different parts. General Motors contracted with him for bumpers that would slim down their popular Chevy LUV pickup truck to meet weight requirements. Chrysler contracted with Khan to lighten up its Dodge D50 truck. Unfortunately, Flex-N-Go sued Khan for stealing trade secrets. Khan hired the cheapest attorney he could find and then spent nights in the law library at his alma mater, crafting a defense after long days overseeing production at Bumper Works. The legal battle went on for two years. Khan won each case. Eventually, the Illinois Supreme Court refused to hear Flex-N-Gate's second appeal. In 1980, Khan bought his former employer. Khan combined Bumper Works and Flex-N-Gate and made a list of his competitors. He carried this list of 19 companies around until one by one, they all went out of business. Khan's deal with GM fell apart but the automaker introduced him to executives from Isuzu, who was just starting to import cars and trucks to the U.S. He gained the trust of the Isuzu executives. The car company needed suppliers and Khan was their man. As the Japanese import market grew, Khan's business grew with them. After he landed Isuzu, Mazda soon followed. Then, he hit the big time, landing Toyota as a Flex-N-Gate client. By 1989, he was their sole bumper supplier. Khan is Flex-N-Gate's sole shareholder. By 2001, the company's sales were topping more than $1 billion per year. As Khan'swealth grew, he started checking the valuations of NFL teams to see if he was rich enough yet to buy one. In 2010 he won the bidding for a 60% stake in the St. Louis Rams. Unfortunately, minority owner Stan Kroenke exercised his right to match any offer and decided to do just that. Nearly as soon as Khan lost out on the Rams, Wayne Weaver, the then-owner of the Jacksonville Jaguars approached him and told him he wanted to sell the team. Khan learned a lot from the Rams deal and when the opportunity to purchase the Jaguars was presented, he moved fast. In October 2011, the final price for the Jacksonville NFL franchise was hammered out on a cocktail napkin in the bar of the Omni Jacksonville Hotel. Khan agreed to an all-cash deal of $620 million plus he would assume the $150 million of Jags' debt. He took out $300 million in loans against Flex-N-Gate to make the deal happen. Khan is the epitome of the American dream. He worked hard, tenaciously created his own luck, and built a $9 billion dollar personal fortune. Shahid Khan's experience is one of the...
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wealthyinspirations · 3 years
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Pro Disc Golfer Paul McBeth Signs $10 Million Contract Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive You might not have noticed yet unless you're a fan, but the sport of professional disc golfing is quietly becoming a big business. The latest proof? TMZ reports that Paul McBeth has become the highest paid disc golfer in the history of the business, recently signing a ten-year, $10 million contract with Discraft Disc Sports. McBeth is basically the Tiger Woods of disc golf, with 130 professional wins and five world titles to his name, as well as a number one ranking with the Professional Disc Golf Association. In a video announcing his new contract with Discraft, McBeth spoke in terms of its significance for the sport of disc golf as a whole: "It's mind-blowing to me to think about that 17-year-old me — or even before that, 14-year-old me — made the right move back then to put myself in this position and be able to propel the sport potentially to the next level." The deal will only enrich McBeth further when added to his lucrative signature disc line, which has already sold more than 100,000 discs to amateur disc golfers all over the world – and with his profile raised, he's sure to sell a lot more. It also blows his previous contract with Discraft – a four-year deal worth a total of $1 million – out of the water, even though when that deal was signed it too was the largest such contract in the sport's history, a good indication of the explosive growth in popularity experienced by disc golf over the last few years. If you're new to the world of disc golf or if you just want to watch McBeth take his victory lap, you can take a look at the video from Discraft announcing the deal below:
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wealthyinspirations · 3 years
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Ousted WeWork Co-Founder Adam Neumann Set To Get $50 Million Settlement Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive We've covered the shenanigans of former WeWork CEO Adam Neumann during his time running the company he co-founded. He is, for lack of a better word, a colorful character with a unique management style. Unfortunately for him, that management style pretty much ran his company into the ground, requiring SoftBank to intervene and invest in WeWork in an attempt to get it back on track. When we last reported on Neumann it was because he had his $185 million consulting deal with WeWork canceled after he allegedly violated the agreement. Now, it looks like Neumann will get a decent payday. Reportedly, SoftBank and Neumann have been trying to settle the bitter dispute. As of this writing, SoftBank is prepared to buy $1.5 billion in stock from early investors in the shared office space company. As part of this proposed deal, about $500 million of that stock would be bought from Neumann. That's half as much as SoftBank originally planned to buy. The deal also calls for a $50 million payout to Neumann as well as extending the $430 million loan he took out in late 2019 by five years. As part of the deal, SoftBank will also pay Neumann's $50 million in legal fees. It hasn't been revealed how much of other shareholders' legal fees SoftBank will pay. If this agreement goes through, it will allow the parties to avoid a trial currently scheduled for early March. WeWork planned to go public in 2019 and that fell apart when questions about Neumann's odd style of leadership surfaced. Additionally, the company was not only not profitable, but was facing enormous losses. At the time, Neumann stepped down as CEO and resigned from the board. Theo Wargo/Getty Images for iHeartMedia WeWork has been hit by the coronavirus-induced recession as much as many other businesses. However, SoftBank believes the company will be profitable by the end of 2021. The hope is that all the working from home in 2020 and 2021 will lead companies to realize they don't need such large offices. Flexible workspace, such as the space WeWork provides, will become the trend, or so SoftBank and WeWork hope. When WeWork was poised to make its IPO in September 2019, the company was seeking a valuation of $47 billion. Just a few months later, the valuation was just $8 billion. In order to be profitable, WeWork needs to have 67-68% occupancy. Before the pandemic, WeWork had somewhere between 80 and 85% occupancy. WeWork is also negotiating a separate deal with a SPAC company called BowX Acquisition Corp. that would give the company an IPO. That agreement is expected to be settled as soon as next week, assuming talks don't fall apart. The legal drama with WeWork and SoftBank has been going on for months. It all stems from the October 2019 deal Softbank made to buy $3 billion in stock from WeWork shareholders, including $1 billion from Neumann. SoftBank stepped in to bail out WeWork after its planned IPO was canceled.
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wealthyinspirations · 3 years
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Actually, Bob Dylan May Have Sold His Music Catalog For $400 Million – $100 Million More Than We Previously Thought Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive On December 7, 2021, a day that will live in infamy, we reported that Bob Dylan had sold the rights to his music catalog for $300 million. The sale transferred all royalty and management rights covering more than 600 Dylan-penned songs to Universal Music Publishing Group. At $300 million, it was the largest amount paid to a single artist to date for a music catalog – three times what Steve Nicks fetched for an 80% stake in her catalog just a few days prior – double what Neil Young got a month earlier. And as it turns out, we're now learning that Bob Dylan likely earned much much more than $300 million. A few days after the Dylan sale was confirmed, Rolling Stone heard from several sources with "intimate knowledge of the situation" who claimed that the final sale price was $300 million. One of the sources was certain that the deal was particularly enormous because he was personally involved when Dylan REJECTED a $400 million offer from a music publishing company called Hipgnosis Song Fund. Hipgnosis Song Fund is founded by a guy named Merck Mercuriadis. Yesterday Merck confirmed in an interview with The Guardian that his company did indeed offer $400 million after two years of negotiating and wooing. In Merck's words: " We were ready to make a deal then Universal made an offer that we couldn't possibly compete with. You'd have to be a company of that size to absorb the price they paid… [which was] much higher than the $300 million reported at the time. " Based on reporting that's coming out now, it's now safe to assume that Bob Dylan sold his catalog for at least $400 million . That $400 million is especially-impressive when you consider that Bob is objectively the second-most talented member of the Dylan family, behind Jakob. (Photo by Kevin Winter/Getty Images for AFI) Why Are So Many Artists Suddenly Selling Their Catalogs? Short answer: Because there's so so so much money to be made! Duh! Long answer: Catalog valuations have never been higher thanks to the gushing royalties produced by streaming services like Spotify and even social media platforms like TikTok, YouTube and Instagram. Historically, song catalogs sold for around 10X the average annual royalties produced. Recently, some song catalogs have been selling for 20X annual royalties. Another factor is that the pandemic has totally zapped all touring income for a year with no short-term end in sight. There's also a tax incentive for artists to sell now. There's a special tax code specifically related to music catalogs that allows sellers to pay the IRS long-term capital gains as opposed to short-term. That difference reduces an artist's federal tax rate on the sale from 37% to 20%. If Bob Dylan just sold his catalog for $400 million, he saved 17% compared to a short-term investment. That saved him $68 million. Furthermore, there's another loophole that allows especially crafty artists to sell their catalogs through a Nevada-based trust to avoid California's 13.8% state tax rate. Both of these tax loopholes are rumored to be on the chopping block in a Biden administration, so artists may see this as their last chance to maximize their windfalls. If Bob Dylan sold his catalog for $400 million through a Nevada trust, he presumably only paid 20% in taxes TOTAL. That would mean he took home $320 million. If those two loopholes are closed, a future $400 million deal would net out to $200 million for the artist. Why Are Private Equity Firms Suddenly Paying Hundreds Of Millions For Song Catalogs? Short answer: Some investors think the royalties produced by song catalogs will only grow with time AND that music is recession proof. Long answer: Not to get overly financial here, but more money has been printed in the last decade than in the 50 previous years. Trillions of dollars were printed out of thin air in the last 12 months alone. In an average year, total US money supply increases by about 5%. In the last 12 months, US money supply increased 30%. Why does that matter? There's just so much damn money floating around the global financial system...
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wealthyinspirations · 3 years
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Billionaire Roundup: Is It Spring Yet? Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive How's it hanging, party people? Have you had your fill of shoveling snow during the epic winter storm much of the U.S. has faced? Our favorite billionaires can't be bothered with shoveling snow. Instead, they are making waves by not playing the national anthem before sporting events, looking to make even more money by debuting a red hot SPAC, defending themselves against charges they married for the money, and hiding out in a hotel due to death threats at home. In other words, it's just another day in the life of our favorite billionaires. Mark Cuban Sets Off A Media Firestorm By Not Playing National Anthem Before Mavs Game Billionaire Mark Cuban found himself in some hot water recently after he stopped playing the national anthem before Dallas Mavericks games because he and the team believe The Star-Spangled Banner does not represent all communities. Unfortunately for Cuban and the Mavs, it is NBA league policy to play the song before all games. Cuban made it clear that he would comply with league policy. His point, after all, had already been made. Cuban made it through 13 games before it was noticed that he wasn't playing the national anthem. He didn't publicize his choice, and, of course, fans weren't allowed to attend games due to Covid-19 restrictions. Additionally, NBA commissioner Adam Silver temporarily relaxed the rules about the national anthems during the country-wide Black Lives Matter protests after George Floyd was killed by Minneapolis police on May 25. Bernard Arnault Looks Towards A SPAC IPO To Build His Net Worth Billionaire Bernard Arnault has joined the group of investors and celebrities launching SPACs, a special-purpose acquisition company. SPACs are a sort of blank check companies, that exist solely to take public with an IPO to raise money. Along the way, SPACs aim to find and merge with a company to take it public. Arnault is forming his SPAC with the former head of Italian financial services company UniCredit. Arnault reportedly intends to focus on innovative European financial firms with his SPAC. More than 140 SPACs have gone public in the U.S. in the past year. Collectively the SPAC IPOs have raised more than $45 billion. Arnault's SPAC will be called Pegasus Europe and will list on the stock market in Amsterdam. CHRIS DELMAS/AFP via Getty Images Salma Hayek Wants To Make It Clear She Did Not Marry Francois Henri Pinault For His Money Salma Hayek and her billionaire husband recently celebrated their 12th wedding anniversary and she's still getting flack from haters. Rumors persist that claim she married Francois Henri Pinault for his multi-billion dollar net worth. They married on February 14, 2009. They are parents to a 13-year-old daughter named Valentina. On Dax Shepherd's podcast, he admitted that before he met Pinault, he also wondered if she married him for the money. But then he met Pinault and he saw the appeal in the billionaire Frenchman. Hayek agreed and also said that people who don't know her husband often assume she is in it for the money. She said: "You know the thing is that in pictures you cannot begin to guess the magic in him. He's made me become a much better person, and grow in such a good, healthy way. And you know when I married him, everybody said, 'Oh, it's an arranged marriage, she married him for the money. I'm like, 'yeah, whatever, bitch.' Think what you want: 15 years together, and we are strong in love." Robinhood CEO Vlad Tenev Hiding Out In Hotel To Escape Death Threats Trading app Robinhood was at the center of the GameStop Reddit brouhaha. Its CEO, Vlad Tenev, is currently living in a hotel because he's been receiving death threats at his home ever since Robinhood restricted trading of shares of GameStop on January 28 following a 2000% rally driven by members of Reddit's Wall Street Bets forum. Tenev was accused of manipulating free-market trading. He started receiving death threats, so he's avoided going home. Protesters at Robinhood's Menlo Park, California headquarters reportedly threw dog feces at the building. Tenev is set to testify before Congress about his firm's decision to restrict trading. Robinho...
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wealthyinspirations · 3 years
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Bert "Tito" Beveridge – The Founder Of Tito's Vodka – Is Now Worth $9 Billion Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive They say necessity is the mother of invention and that is certainly true about Bert "Tito" Beveridge, the founder of delicious Tito's Vodka. He's seen his net worth skyrocket recently, which is not solely based on the steady supply of Tito's I've been drinking since the pandemic started, but that certainly helped! In all seriousness, though, Beveridge had to have balls to take on the big-name vodka brands with his scrappy home-distilled vodka from Austin, Texas. Would you believe that Beveridge never set out to make the "vodka for dog people?" When he was growing up, he planned to become a doctor. Sometime in college, he changed tracks to geology and geophysics. That wouldn't be the last time Beveridge changed courses. Beveridge graduated from college in 1984. He soon landed a job with a big Texas-based oil company working in Venezuela and Columbia. While he was in South America, he began picking wild fruit, fermenting them, and making his own wine-like beverage. He returned to Texas a few years later and started his own oil drilling company. Beveridge was making a decent living but he didn't love his job, so he packed it all up to move to Austin to become an environmental engineer for the oil industry. He tired of that and became a mortgage broker. That didn't suit him either. It was the early 1990s and Tito was trying to figure out what would make him happy and what he was doing with his life. Slaven Vlasic/Getty Images Along the way, Tito started making small batches of habanero flavored vodka for his friends. Everyone loved his product and told him to sell it. Beveridge sat down with a pen and paper in the middle of the night after a party and made a list of what he liked to do and what he was good at inspired by an infomercial he'd seen in the middle of the night. He realized that he enjoyed meeting people, he was good at sales, and he loved making vodka. Tito's Handmade Vodka was born in the middle of the night out of drunken inspiration encouraged by an infomercial. It was 1993 and Texas didn't have a single distillery in the state. The Texas Alcoholic Beverage Commission (TABC) denied his application for a license on the grounds that Texas forbade distilleries This didn't deter Tito and he did some digging and found out there wasn't a law against distilleries. The TABC told him if he could get a federal license, they'd approve his state license. It took Tito two years to get a federal license. The TABC was true to their word and gave him the first license to distill alcohol in Texas. Now all Tito needed was the money to buy the equipment he'd need to make his vodka. Beveridge learned about micro distilling. He built a pot still from scratch and began perfecting the recipe for Tito's Handmade Vodka. He settled on corn as the grain for his vodka. He took his business plan to banks for financing. The banks turned him down. He didn't have any luck with private financing either. Tito signed up for 19 credit cards to finance his business. He ran up $90,000 in charges. He was a one-man operation. He made the vodka, bottled it, and loaded it onto a truck. He was transferring the balances on his maxed-out credit cards from one card to another to stay ahead of his creditors. He sold his first case of vodka in 1997. In 1998, the head of the cocktail program at Las Vegas' Bellagio Hotel saw some excellent reviews of Tito's Handmade Vodka so he bought some and The Bellagio became one of his first and most important clients. Then, in 2001, Tito's Handmade Vodka won the San Francisco World Spirits Competition, beating out Grey Goose, Ketel One, and other top vodka brands for the coveted top prize, the Double Gold Medal. Tito's is no longer a one-man operation, though Beveridge does work at the distillery every day, tasting his vodka and managing the business. All these years later, Beveridge still retains 100% ownership of Tito's Handmade Vodka. Based on the company's current valuation, Bert Beveridge's net worth is $9 billion.
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wealthyinspirations · 3 years
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As Twitter Stock Soared To An All-Time High, Jack Dorsey's Net Worth Actually DROPPED $2 Billion. What?! How?! Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive As I type this article, Twitter's share price is sitting at an all-time high of $76. Twitter stock has absolutely soared in the last few months. The stock has more than doubled in a year. So, you might assume the net worth of company CEO/founder Jack Dorsey must also be equally soaring. You're probably picturing the awkwardly-bearded Dorsey off on a 10-day meditation retreat in French Polynesia celebrating silently with a stiff glass of carrot juice and an extra-long downward dog. Unfortunately for Jack, Twitter's recent highs don't actually have that much of an impact on his net worth, which we currently peg at $14 billion . In fact, Jack's overall fortune actually FELL by $2 billion in the last week, the same period when Twitter was reaching all-time highs. Why? How? Let's discuss… Getty Most people probably assume that Jack Dorsey is the primary founder and only CEO that Twitter has ever had. In reality, Jack is a co-founder. He launched Twitter in 2006 alongside Biz Stone, Evan Williams and Noah Glass. Jack served as the company's first CEO but was reportedly forced to step down in 2008 by his co-founders and their venture capitalist backers because he was spending too much time on extracurricular hobbies like yoga and meditation retreats. Seriously. Evan Williams served as CEO from 2008 to 2010. A guy named Dick Costolo served as CEO from 2011 to 2015, at that point Dorsey rode back in as CEO, a position he still holds today. During Jack's first few years of his second term as CEO, Twitter stock was a dog with fleas. On the day he became CEO again in 2015, Twitter traded at around $35. Over the next two years, the share price tanked, hovering in the $15-16 range until slightly improving in early 2018. A year ago Twitter stock hovered in the $25-35 range. In early March, Jack Dorsey's net worth was just $3.3 billion. That's the lowest it's been in about 8 years. A month ago, Twitter stock was in the $40s. As I type this article, a single share of Twitter would cost you $76. That's an all-time high. This week's rise in Twitter's share price is being driven by an announcement that the company will soon release a "Super Follow" feature that will allow users to charge for tweets (with Twitter taking a cut of the fee). Twitter rose as much as 10% on the announcement. I don't plan on ever using this "Super Follow" feature, so if you would like to hear some totally free brilliant musings on finance/celebrity/SEO and wealth, give me a follow: https://twitter.com/celebnetworth Back to Twitter and Jack Dorsey. Earlier today Twitter's market cap topped $60 billion for the very first time. It's a huge accomplishment for the company and a major validation for Dorsey. Unfortunately, it's not having much of an impact on Jack's net worth. Jack's net worth actually fell $500 million yesterday and is down about $2 billion in a week. Why? Because Jack Dorsey doesn't own all that much Twitter stock. Jack owns around 2% of the company. By comparison, Mark Zuckerberg owns 30% of Facebook. The Google founders both own around 14% of Alphabet. Elon Musk owns 22% of Tesla. A year ago, when Twitter was trading in the $25-35 range, Jack's 2% Twitter stake was worth around $500 million. Today his 2% stake is worth = $1.2 billion A nice chunk of money but arguably not even enough to make him technically a billionaire after-taxes if he sold everything. So how is Jack Dorsey worth $14 billion? In reality Twitter is just a side-project for Mr. Dorsey. Jack's real job and the vast majority of his net worth actually comes thanks to a company called… Square Square is a mobile payment/financial services company. If you've ever bought something at a farmer's market or from a food truck, you probably handed your credit card over to the merchant who swiped it in a little square card reader that was plugged into an iPad or iPhone. Jack co-founded Square in 2009. The idea came to Jack after a friend (who then became his co-founder) complained about not being able to sell glass faucets and fittings because he didn't accept credit cards. Sq...
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wealthyinspirations · 3 years
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Video Captures Moment $100 Million Yacht Owned By Capri Sun Billionaire Crashes Into Caribbean Yacht Club – Yes. Capri Sun Made Someone A Billionaire. Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Hans-Peter Wild is a multi-billionaire. And like any respectable multi-billionaire, Hans-Peter owns an extremely amazing yacht. Hans-Peter's super-yacht is called "Go". Go is a unique yacht for several reasons. First, it's mostly painted in an eye-catching turquoise blue. You don't see that often. Second, the 250-foot yacht features an array of incredible onboard amenities. Go has an onboard helipad, swimming pool, steam room, gym… and even a hospital. If you need to make a quick beer run, a 40-foot section of the side of the boat opens like a garage door to launch a 32-foot mini version of Go that's called the "limousine". The mini-yacht is also turquoise. The estimated cost of construction? $100 million. Launched in 2018, Hans-Peter keeps it primarily in the Caribbean… where I hope he also keeps a strong insurance policy! On the morning of February 24, a guy named Tom Polo (or at least, that's his YouTube username) was having a lovely breakfast (eggs Benedict, according to his YouTube description) at the Sint Maarten Yacht Club on the island of Saint Martin. As Tom took in the gorgeous crystal clear waters of Simpson Bay, this happened: According to Tom's YouTube description, this was actually the SECOND time in a few minutes Go crashed into the yacht club's pier and docks. Apparently the yacht's computer system malfunctioned, sending the automatic navigation into haywire mode. Here's another view of the crash from a different angle: One more brutal angle: Ouch ouch ouch. Fortunately, even if Hans-Peter Wild isn't fully insured, with a net worth of $3 billion I'm sure he can afford to cover all the damage his lil yachty caused. How Did Hans-Peter Wild Make His Fortune? I'm glad you asked because it's a really interesting story. In 1931, a decade before he was born, Hans-Peter's father Rudolf Wild founded a natural food ingredient company that he initially named Zick-Zack Werk. After a few years of operating, he renamed the business WILD and moved operations to Heidelberg, Germany. WILD found early success in manufacturing ingredients for non-alcoholic natural beverages. Juices, basically. WILD soon specialized in manufacturing the ingredients which would then be used by other companies to make everything from ice cream to drinks. WILD was just like a drop-shipper for other brands. In the mid-1960s, WILD invented an innovative system where the drink liquid could be injected by assembly line machines directly into awesome little plastic pouches. This made mass-manufacturing exponentially easier. In 1967 WILD – by now one of the world's largest natural ingredient companies in the world – decided to jump into the business of making their own drink brand. Obviously, whatever they came up with would be injected into the company's awesome little plastic pouches. After two years of product research and testing, in 1969 the company was satisfied with a set of ingredients for their new fruity drink brand. When brainstorming potential brand names, a long-forgotten brilliant marketing person imagined sipping the drink on a sunny day while relaxing on an Italian island. Tapping into that emotion, they landed on the name Capri Sonne. "Sonne" is the German word for sun. So perhaps you know the brand better as… Capri Sun While WILD was creating what would arguably become the greatest drink of all time, Hans-Peter was not actually working for the family business. Prior to finally joining WILD in 1974, he earned an undergrad degree, a law degree, a business degree and a PhD. He then spent four years working in the shipping department of a company called Diersch Schroder. Hans-Peter landed at WILD in 1974 with the explicit goal of turning Capri Sun into a global brand. It took about twenty years, but he Hans-Peter achieved that goal. By 1991 Capri Sun was the market leader in Europe for non-alcoholic natural beverages. In 1994, Capri officially became the market leader in the US for the first time. (Photo by STEPHANE DE SAKUTIN/AFP via Getty Images) Selling Out Hans-Peter took o...
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wealthyinspirations · 3 years
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Michael Jordan Debuts As A NASCAR Owner And Donates $10 Million To Build Health Clinics For The Uninsured Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #Quotes #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Over the weekend, Michael Jordan made his debut in his third pro sport. Well, kind of. He didn't exactly suit up and take the field in a new sport. This past weekend he made his debut as the first black principal owner of a NASCAR team in 50 years. His driver is Bubba Wallace, the only black full-time driver in NASCAR. Jordan is a longtime fan of NASCAR since he grew up in North Carolina where the sport is enormously popular. Growing up he and his dad frequently attended NASCAR races. Jordan's first official NASCAR outing resulted in a 17th place finish at the Daytona 500 for his driver Bubba Wallace. Wallace led lap 129, becoming the first black driver to lead a lap. Bubba drives the No. 23 Toyota. Bubba lost the lead to Denny Hamlin, the two-time defending champion, who also co-owns 23XI with Jordan. MJ watched the race from a luxury suite. As you know, Jordan played 15 season in the NBA, leading the Chicago Bulls to 6 NBA championship titles. He also spent some time in minor league baseball, playing for the Chicago White Sox's minor league team, the Birmingham Barons and the Scottsdale Scorpions. Jordan is a multi-billionaire thanks mostly to his ownership stake the NBA's Charlotte Hornets. But that's not the only impressive feat pulled off by Jordan this weekend! FRANCK FIFE/AFP via Getty Images The day after Jordan made his debut as a NASCAR team owner, he donated $10 million to build two healtth clinics for the uninsured and underinsured in his hometown of Wilmington, North Carolina. He once again partnered with Novant Health to expand on the Family Clinic model to bring quality healthcare to residents of Wilmington, whether or not they have insurance. That brings his total donation in these clinics to $17 million. Jordan donated $7 million in 2019 to open two Novant Health Michael Jordan Family Medical Clinics in Charlotte, North Carolina. The clinics have seen 4,500 patients and administered 1,000 COVID-19 vaccines. The new clinics he just donated $10 million to are scheduled to open in 2022.
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wealthyinspirations · 3 years
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Donald Trump's Palm Beach Neighbors Wanted To Use A Technicality To Evict Him From Mar-A-Lago Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #Quotes #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Donald Trump must be excited to escape the insanity of Washington D.C. and return to his luxurious seaside Mar-a-Lago estate. Well, not so fast. Apparently, Trump's Palm Beach neighbors are attempting to block him from taking up permanent residence at his famous club. According to his neighbors, there's a decades-old agreement that states that no one, including Donald himself, can live at the property as their full-time residence. Attorneys for the neighbors of Mar-a-Lago wrote to Palm Beach authorities in January asking the town council to let Trump know he was not allowed to live at the resort. They were hoping to avoid an embarrassing incident in which the town would have to evict a former President. The heart of the matter is connected to a 1993 agreement when the site was converted from a private residence into a members' club. One of the stipulations in that agreement forbids Trump or anyone else from living there for more than three times a year for up to a week at a time. They waived this stipulation while he was President. Sarah Silbiger/Getty Images Trump bought Mar-a-Lago in 1985 for $10 million from the estate of General Foods owner Marjorie Merriweather Post. She died in 1973 and the property had fallen into disrepair in the years between then and Trump purchasing the property. When she died, she left the property to the U.S. government as a potential presidential vacation home. The government returned it to her estate in 1981. Trump spent millions upgrading the property while living there part-time. However, by the early 1990s Trump was in serious financial distress. The price of NYC real estate had dropped and a number of his business had failed, including a casino in New Jersey. Trump and Palm Beach officials agreed that he could turn the property into a private club in 1993. The club was limited to 500 members. To join today, the initiation fee is $200,000 and annual dues are $14,000. Trump has been living at Mar-a-Lago since he left office in January. In 2020 he switched his primary residence from Trump Tower in New York City to the Florida address of Mar-a-Lago. That move was believed to be tax-related since Florida doesn't have a state income tax. Trump also spent a lot of time at the resort during his presidency. In fact, he dubbed Mar-a-Lago "The Winter White House." The Palm Beach Town Council met to discuss this issue recently. Palm Beach town attorney John C. Randolph made a presentation on the matter. Randolph sent a memo to the mayor and town council of Palm Beach on January 28 indicating the case could hinge on whether Trump is technically employed by the club as local laws provide for the right to living quarters at private clubs for employees. For what it's worth, Trump's legal team believes the case has no merit as the 1993 agreement over the usage of Mar-a-Lago does not say the owner cannot live there. His attorneys also point out that Trump has lived at Mar-a-Lago in the past for extended periods of time without his neighbors or Palm Beach officials objecting. They also argued that the owner's suite is not subject to the same three nonconsecutive weeks a year that the guest suites are. And finally, Trump's legal team also stated that Trump is an official employee of Mar-a-Lago in his role as club president. The Palm Beach town council met on February 9th in a meeting that took seven hours to discuss issues critical to the wealthy town. Among the issues hotly debated was the availability of the COVID-19 vaccine, how to revitalize the downtown's chic shopping district, and the danger falling coconuts pose when palm trees are too tall. The Palm Beach city council didn't take any action on the issue of whether Trump was living at Mar-a-Lago in violation of the 1993 agreement. Trump's neighbors could take this matter further by suing the town and Mar-a-Lago. The city attorney stated that nothing in the 1993 agreement prevents Trump from living at the resort. However, the attorney representing a group of his neighbors said that his clients fear Trump's residency at Mar-a-Lago could t...
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wealthyinspirations · 3 years
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Who Is Elon's Brother Kimbal Musk And How How Many Shares Of Tesla Does He Own? Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #Quotes #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Elon isn't the only interesting and super-rich member of the Musk family. Elon's younger brother, Kimbal Musk, is 48 years old and sits on the board of both Tesla and SpaceX. According to SEC filings, Kimbal has sold $100 million shares of Tesla since the company has gone public. He is the fifth-largest individual stockholder in his older brother's company. As of this writing he owns 570,000 shares of Tesla, worth $461 million at the stock price of $809 per share. So, it's very good to be Elon's brother! But who is Kimbal Musk? Kimbal is a restauranteur, chef, and entrepreneur. He owns The Kitchen Restaurant Group, which is a community restaurant concept in Chicago, Cleveland, Colorado, Indianapolis, and Memphis. He's also the co-founder and chairman of Big Green, a non-profit that has built hundreds of Learning Gardens, which are outdoor classrooms in schoolyards across the U.S. Kimbal is also the co-founder and Chairman of the Brooklyn-based urban farming company Square Roots, which grows food in hydroponic, indoor, climate-controlled shipping containers. Ambition clearly runs in the Musk family. Kimbal grew up in South Africa with his mother Maye, older brother Elon Musk, and his younger sister, Tosca. After graduating from high school in Pretoria, South Africa, Kimbal moved to Kingston, Ontario, Canada, where Elon was then living. He enrolled at Queen's University and worked at Scotiabank. He graduated from college in 1995. The same year that he graduated he founded both the residential painting business College Pro Painters. Also in 1995, he and Elon founded Zip2, an online city guide that provided content for the then brand new online versions of the Chicago Tribune and "New York Times. The Musk brothers sold Zip2 to Compaq in 1999 for $370 million. Neilson Barnard/Getty Images After the Zip2 sale, Kimbal invested in a number of software and technology companies. He was an early investor in Elon's company X.com, which merged with PayPal, and was then acquired by eBay for $1.5 billion in October 2002. Kimbal moved to New York City and enrolled in the French Culinary Institute. He opened The Kitchen Boulder, a community bistro in Boulder, Colorado in the spring of 2004. The Kitchen Boulder has been called one of "America's Top Restaurants" by the James Beard Foundation, Food Wine magazine, Zagat's, Gourmet magazine, and OpenTable. The Kitchen also operates in downtown Denver and Chicago. In 2011, Kimball founded Big Green, a non-profit that connects children to real food by creating Learning Garden outdoor classrooms in schools across the U.S. Learning Gardens teach kids to understand food, eating healthy, the environment, and lifestyle choices through activities that complement the school's curriculum in math, science, and English. The Kitchen restaurants all also donate a percentage of their sales to plant Learning Gardens in their communities. In 2012 alone, the foundation built 26 gardens in Colorado, 16 in Chicago, and 12 more in communities across the U.S. On February 2, 2015, The Kitchen Community created its 200th Learning Garden at Los Angeles' Camino Nuevo Charter Academy. By the end of 2015, there were 260 Learning Gardens across the U.S. Kimbal Musk also sat on the board of Chipotle from 2013 to 2019. Kimbal came under fire in 2020 during the restaurant shutdowns associated with the coronavirus pandemic. His Next Door brand concept eateries, which serves healthy fare such as salads, quinoa, tahini, and kale chips, abruptly changed an emergency fund called the Family Fund that employees paid into through automatic payroll deductions, not allowing out of work staff to access funds. The fund was supposed to be available to Kimbal's employees in times of crisis. On March 16, Kimbal told his employees the restaurants were temporarily shutting down for two weeks. Managers would have to take pay cuts and hourly workers would not get paid at all, but they were told they could access paid sick time. They never got those funds and Kimbal changed the structure of the Family Fund just days before firing over 100 employe...
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wealthyinspirations · 3 years
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Shark Tank's Robert Herjavec Selling Hidden Hills Home For $17.25 Million Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #Quotes #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Robert Herjavec is on the move once again. He bought a then-brand-new "modern farmhouse" style home in the celebrity favorite 'hood of Hidden Hills, California just a year and a half ago for $14.6 million. He recently put the enormous 14,400-square-foot estate on the market for $17.25 million. The home has seven bedrooms, seven full bathrooms, and two half bathrooms. The home sits on 1.75 beautifully landscaped acres. The front porch of the home is barn-shaped and clad in reclaimed wood for the charcoal grey mansion. The living room has a vaulted ceiling that is also clad in wood and a huge fireplace surrounded by lightly veined white marble. The large dining room features a wall of glass with three full-sized wine fridges in a wood-paneled accent wall. The kitchen is a chef's dream with pale wood cabinetry and marble countertops with waterfall edges. The ceiling of the kitchen is sheathed in wood and extended into the adjoining family room. The family room has a wall of glass that opens to the backyard as well as a large fireplace. The home also features a below-ground gym, state-of-the-art screening room, and a garage that can hold 10 cars, which was great for Herjavec, who owns a fleet of luxury vehicles including a Porsche 718 Spyder, vintage Mercedes roadster, and newer Rolls Royce. Gabriel Olsen/Getty Images Hidden Hills is a pricey neighborhood on par with Beverly Hills. It is a gated community that is home to Drake, Jessica Simpson, The Weeknd, French Montana, Lee Ann Rimes and Eddie Cibrian, Dwayne Wade and Gabrielle Union, Kaley Cuoco, Jeffree Star, and, of course, most of the Kardashian-Jenner-West family. Past residents of this exclusive enclave include Tupac Shakur, Angelina Jolie, Denise Richards, and Miley Cyrus. Herjavec and his wife, Kym, have at least two other houses in the U.S. The two met when he was paired with her, an Australian ballroom dancer, when he was a contestant on "Dancing With The Stars" in 2015. They finished in sixth place that season. Herjavec and Kym bought an $8 million newly renovated bay-front home with its own private doc on Balboa Island about 2 ½ years ago. In July 2017, Herjavec picked up Olympic snowboarder Shaun White's 4,500-square-foot home in the Hollywood Hills for $6.7 million. He put the contemporary home on the market in 2019 for $7 million. He dropped the price to $6.5 million before pulling it off the market to rent it for $35,000 per month. Herjavec also owns a $7 million mansion in Toronto. Herjavec made his initial fortune in internet security. After graduating from college with a degree in English Literature and Political Science, he found himself applying for a wide variety of jobs to make ends meet. One of these jobs was selling computer equipment for a company called Logiquest. He talked his way into an unpaid internship for six months and within several years, he climbed the ranks of the company to become its general manager. He left Logiquest in 1990 to create his own internet security software company called BRAK Systems. In 2000, ATT Canada bought BRAK Systems for $30 million. In 2003, he founded The Herjavec Group which became his most successful business yet. The company is Canada's biggest provider of IT security services. By 2017, The Herjavec Group had $00 million in annual revenue. He also regularly appears on "Dragon's Den" and "Shark Tank."
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wealthyinspirations · 3 years
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Steph And Ayesha Curry Have Served 15 Million (And Counting) Meals A Week To Bay Area Families In Need During The Pandemic Subscribe - https://ift.tt/2Al2Zzs Blog - https://ift.tt/2UwX94I Facebook - https://ift.tt/2XSq5WP Tumblr - https://ift.tt/2Uzb62f #Quotes #NetWorth #MostExpensive #Top5 #Top10 #Top20 #Top50 #Top100 #Listof #Net_Worth #Most_Expensive Is there a more adorable couple in pro sports than Steph and Ayesha Curry? Add in their cute-as-a-button and precocious daughter Riley, and that ups the ante. There just isn't a more relatable, kind, charitable, fun couple on or off the court than the Curry family. So it shouldn't come as a surprise that Steph and Ayesha have been giving back to their community big time during the coronavirus pandemic. Back in April the "San Francisco Chronicle" reported that the Curry's foundation Eat.Learn.Play. was serving 300,000 meals a week to families in need in San Francisco's East Bay. At the time, they had served more than a million meals. Now, nearly a year later, the Currys are still at it and their foundation has served more than 15 million meals to families in need in their community. The Eat.Learn.Play foundation pays struggling restaurants and other foodservice businesses to prepare free meals for families and people who are underemployed. According to the foundation's recently released 2020 fourth-quarter update, this program has put $20 million back into the local economy. It has also given more than 900 restaurant workers in Oakland their jobs back at a time when many California restaurants are still closed or offering takeout and delivery only, making waitstaff unnecessary. Matt Winkelmeyer/Getty Images But wait! This story gets even more awesome. The Curry's foundation gave a sizeable grant to chef José Andrés and his World Central Kitchen to fund meals from more than 130 restaurants in Oakland. A representative for World Central Kitchen said: "It's like we're feeding the restaurants to make sure they can feed the community." Although Steph, Ayesha, and Riley Curry no longer live in the East Bay, they've stayed involved in the community. Just last month, Ayesha Curry opened her first retail store, a Sweet July store and café in conjunction with her lifestyle magazine "Sweet July." Located in Oakland's Uptown neighborhood, the store sells household items and books and has a coffee bar. Ayesha announced the brick-and-mortar store in September 2020, following the early 2020 launch of her magazine. The Sweet July brand has evolved from the design of the Atherton home she and Steph share with their three children. The Currys launched their Eat.Play.Learn. Foundation on July 18, 2019. One of the first projects the foundation took on was refurbishing a basketball court in Oakland. According to the foundation's website, Eat.Play.Learn. is "focused on youth in underserved communities, our work is anchored around ensuring every child has access to three vital ingredients to a happy, healthy, and successful childhood: nutritious food, a quality education from early childhood through college completion, and the opportunity to play and be physically active." The Currys launched their foundation to do what they can to help improve the lives of children and families in Oakland, the Bay Area, and across the country. Soon after the Currys launched their foundation they partnered with the Oakland Town Camp, the city's summer camp for local kids. Just their involvement and local name recognition doubled the size of the game from 400-500 kids a day to 900-1000 kids a day. The Curry's foundation also provided more than 25,000 healthy breakfasts and funded a $50,000 scholarship. While the Golden State Warriors may have left Oakland for San Francisco, and the Curry family has moved from the East Bay to tony Atherton, they haven't left their roots behind and continue to give back to the families of Oakland and the East Bay with their philanthropy and their hearts.
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