LA's Highest Property Taxes: 25040 Pacific Coast Highway
In 2018, a minimalist mansion on the Pacific Coast Highway in Malibu sold to Edmonton Oilers owner Daryl Katz for $85 million. This home carries an annual property tax bill of $1.01 million.
Articles Written by Amy Lamare
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If You Want To Be Rich Live Frugally – Like These 6 Frugal Billionaires
The six billionaires highlighted in this article have a few things in common. For one thing, they are billionaires and among the wealthiest people on earth. They are also, in varying degrees, pretty frugal – especially considering their net worths.
How WorldCom CEO Bernard Ebbers Went From Billionaire Telecom Cowboy To Broke, Convicted Felon
Bernard "Bernie" Ebbers was sent to prison in 2006 after being found guilty of one of the biggest financial frauds of the 20th century. Now, he's being released early, due to suffering from dementia after serving a little over half of his 25-year ...Nutella Heir Adds Nearly $10 Billion To Chocolatey Net Worth In 2019
Nutella is a favorite – almost a cult favorite. It has a fan base that's pretty devoted. The man behind Nutella these days is 55-year-old Giovanni Ferrero, heir to the Nutella fortune.LA's Highest Property Taxes: 22126 Pacific Coast Highway
The owners of the house located at 22126 Pacific Coast Highway in Malibu have quite a large swath of beach to call their backyard. They also have a property tax bill of over $1 million annually.California Sues Billionaire Vinod Khosla Over Beach Access
Billionaire Vinod Khosla has been fighting for the right to close access to Martin's Beach since he bought the 89-acre property adjacent to the beach in 2008 for $32.5 million. Now, the state of California is suing him.Former Nissan CEO And Fugitive Carlos Ghosn Sneaked Out Of Japan In An Audio Equipment Case To Avoid Prosecution For Tax Fraud
Carlos Ghosn was arrested in November 2018 on charges of underreporting his income. Ghosn was required to stay in Japan as a condition of his bail. Imagine the surprise of authorities, then, when Ghosn surfaced in Beirut when he was supposed to be...Fired At 40, Orangetheory Founder Ellen Latham Started Over, Revolutionized The Fitness Industry, And Built A Billion-Dollar Business
When Ellen Latham was 40, she had her dream job as an exercise physiologist at a high-end spa in Miami. She was a single mom raising her son. She had a major setback when she was fired from the spa. But that turned out to be the best thing that ev...William Belo Becomes Billionaire Through Crocodile Farming And Home Improvement
William Belo started his fortune with the Filippino version of the Home Depot – Wilcon Depot. He grew it by buying a crocodile farm. Today, he makes at least $500,000 annually just from selling the croc skins and is a billionaire.Kind Bar Founder Becomes Billionaire By Championing Random Acts Of Kindness
Daniel Lubetzky is the 51-year-old founder of Kind Healthy Snacks. The company has $800 million in sales and is worth about $2.9 billion. Lubetzky is the majority owner of Kind Healthy Snacks, which gives him a net worth of $1.5 billion.
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