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Los Angeles Mansion – The One – Formerly Priced At $500 Million, Is $100 Million+ In Default On Its Loans
The $82.5 million loan for the construction of the massive estate called The One is in default. As a result, the debt tied to the property has risen to $110 million with accrued, unpaid interest. The home could be foreclosed on and repossessed before it ever hits the market.
35 Years Ago Today – March 13, 1986 – Microsoft Went Public… Setting Off One Of The Greatest Generators Of Private Wealth In History
For people who enjoy reading stories about extreme wealth, March 13 should be a holiday. What happened 35 years ago today? A little software company in Seattle called Microsoft went public.
Ryan Tedder Sold His Music Catalog For $200 Million
Prolific songwriter and One Republic frontman Ryan Tedder has sold a majority stake of his recorded music and publishing rights to investment firm KKR.
Britney Spears' Dad Claims Pop Star Was Worth Just $3 Million When He Took Over In 2008
On Thursday, February 25th, Jamie Spears released a statement through his attorney denying claims that he's controlling Britney against her will. Au contraire, he claims he saved her life and finances from being exploited by other people.
Man Donates $20 Million To The College He Couldn't Afford Six Decades Ago
Calvin E. Tyler Jr. dropped out of college almost 60 years ago because he couldn't afford to pay his tuition. Now, he's donated $20 million to a scholarship fund to help other financially-challenged students' dreams come true.
Ousted WeWork Co-Founder Adam Neumann Set To Get $50 Million Settlement
We've covered the shenanigans of former WeWork CEO Adam Neumann during his time running the company he co-founded. Now, he may be nearing a settlement in his legal battle with SoftBank which carries with it a huge payday.
Shark Tank's Robert Herjavec Selling Hidden Hills Home For $17.25 Million
Robert Herjavec 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.
Who Is Elon's Brother Kimbal Musk And How How Many Shares Of Tesla Does He Own?
We got to thinking about Elon Musk's family, particularly his younger brother, Kimbal. Kimbal Musk is 48 years old and sits on the board of Tesla and SpaceX.
Donald Trump's Palm Beach Neighbors Wanted To Use A Technicality To Evict Him From Mar-A-Lago
Donald Trump's Palm Beach neighbors were attempting to block him from taking up permanent residence at his club. According to his neighbors, there's a decades-old agreement that states that Trump isn't legally entitled to living there.
Steph And Ayesha Curry Have Served 15 Million (And Counting) Meals A Week To Bay Area Families In Need During The Pandemic
Steph and Ayesha have been giving back to their community during the coronavirus pandemic. They've been serving 300,000 meals a week to families in need in San Francisco's East Bay. Nearly a year later, they are still at it and have served more than 15 million meals to families in need in their community.
Please Don't Tell Ross Ulbricht What His 144,000 Bitcoin Are Worth Today…
When the Silk Road founder Ross Ulbricht was arrested in 2013 he had 144,000 Bitcoin. At that time those 144k Bitcoin were worth $25 million at $180 per coin. Today they're worth a bit more…
Want To Be A Millionaire? Here's How To Join The More Than 8% Of Adults Who Have At Least Seven Figures In The Bank
A recent study revealed though that chances are we all know at least one millionaire. Why? How? Well, more than 8% of adults in the United States have enough assets to fit the definition of a millionaire according to a report from Credit Suisse.
Alex Trebek Donated "Jeopardy!" Wardrobe So Down On Their Luck People Would Have Clothes For Job Interviews
Alex Trebek is continuing to be a kind and decent man even from beyond the grave. The late "Jeopardy!" host's wardrobe is being donated to The Doe Fund, an organization that finds paid work, housing, and social services to people with histories of incarceration, addiction, and homelessness.
Longtime Friend And Business Partner Of Tony Hsieh Is Suing His Estate For Breach Of Contract
Jennifer "Mimi" Pham is a longtime friend, former assistant to, and business partner of the late Tony Hsieh. She's suing Hsieh's family for breaching contracts she had to manage Hsieh's business affairs in the months leading up to his death.
LVMH Pulls The Plug On Rihanna's Fenty Fashion Line
Even Rihanna isn't pandemic-proof. LVMH, the luxury goods company that backed her Fenty fashion label is putting Rihanna on the back burner for now after sales got off to a slow start and then slowed down even more once the pandemic hit.