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Billionaire Masayoshi Son Lost $130 Million On Bitcoin Because He "Doesn't Understand" How It Works
As the story goes, a "Bitcoin evangelist" and friend of Son's encouraged him to invest at least one percent of his assets into bitcoins, which at the time came to about $200 million.
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Billionaires' Fortunes And Assets Frozen Under Allegations Of The Theft Of $6 Billion From State-Owned Bank
A civil court in England froze $5 billion in assets in half a dozen countries as part of an ongoing international legal saga that has the richest businessmen in Kazakhstan defending themselves against allegations of the theft and money laundering of $6 billion.
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Sheldon Adelson Has Donated More Money To Politicians Than Anyone Else – BY A MILE
Billionaire Sheldon Adelson and his wife Miriam have donated more money to federal political campaigns over the past two decades than anyone else in the United States – by FAR.
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Investor Bill Gross In Legal Battle Over $1M Glass Sculpture And Alleged Weaponized Use Of The "Gilligan's Island" Theme Song
The dispute has now allegedly spilled over into Gross waging psychological warfare on his neighbors by blaring the theme to TV's "Gilligan's Island" over loudspeakers, day and night.
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Travis Kalanick Dumped His Entire Uber Stake A Year Ago. That Turned Out To Be A TERRIBLE Move.
A year ago Travis Kalanick sold basically his entire stake in the company he co-founded, Uber. For a little while that looked like a genius move. Today… not so much.
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Soft Bank's Masa Son Is Doomsday Prepping By Stockpiling Cash In The Event Of A Worst-Case Scenario
Billionaire Masayoshi Son of SoftBank is stockpiling cash to prepare for a worst-case scenario because he believes the coronavirus will continue to adversely affect companies in the next few months.
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The Guinness Curse Strikes Again! Young Heiress Drowns In Pool
The Guinness family just can't catch a break. Sure, they are the billionaire heirs and heiresses of the famous beer, but man oh man there seems to be a curse on their family. Over the years one family member after another has died in strange and unusual ways.
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Michael Jordan Makes $2 Million Donation To Feeding America
Feeding America is "the largest charitable food assistance network in the U.S.," but MJ himself is quoted on his intent for his pledge to go towards Chicago and the Carolinas.
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Elon Musk Just Overtook Bill Gates To Become The Second Richest Person On The Planet
Just a week after jumping Mark Zuckerberg, Elon Musk has now jumped Bill Gates to become the second-richest person in the world for the first time.
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Mars Acquiring Kind Bars For $5 Billion, Boosting Founder Daniel Lubetzky's Net Worth
It was just announced that the world's largest candymaker, Mars, will acquire Kind, the maker of healthy snack bars in a deal that values Kind at $5 billion. Daniel Lubetzky founded Kind in 2004.
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Billionaire Sackler Family Behind Oxycontin Scandal Owns Massive Real Estate Portfolio
The billionaire Sackler family has been in the news a lot lately. They are the family behind Purdue Pharma the company behind OxyContin. The Sacklers are also known for their contributions to philanthropy and their massive real estate portfolio.
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Donald Trump Might Be In Line For A $100 Million Post-Presidency Book Deal
Nothing about current President Donald Trump's failure to secure reelection has been exactly typical. But one aspect of a typical post-presidency is reportedly right on schedule: the post-presidency book deal.
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Pfizer/BioNTech Vaccine News Sends Stock And Investors' Fortunes Soaring
When Pfizer announced the positive results of the phase three trials of its Covid-19 vaccine, stocks soared. The vaccine appears to be 90% effective in limited trials against the coronavirus.
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Robert F. Smith Selling Malibu House On Carbon Beach For $24.5 Million
If you've always dreamed of living steps from the ocean in Malibu and have $24.5 million lying around, have we got the house for you! Vista Equity billionaire Robert F. Smith is selling his home on Malibu's exclusive Carbon Beach.
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Elon Musk Is Now The World's Third-Richest Person After Tesla S&P 500 Announcement
The announcement by the S&P 500 that it was adding Tesla to its ranks caused the company's stock to jump almost 15 percent, which in turn caused Musk's personal net worth to jump by an impressive $15 billion.