Byju Raveendran, the founder of Byju’s learning app, is the newest billionaire in the country. The parent company of the app Think & Learn Pvt. recently raised $150 million in fresh funding taking the company’s valuation to near $6 billion. Byju Raveendran holds more than 21 per cent stake in the company, making him one of the youngest billionaires. But, Byju didn’t taste success overnight. Watch this video to know about the journey and an incredible success story of the teacher-turned-entrepreneur.Read More
Listed for $1 billion, The Mountain of Beverly Hills is officially the most expensive property in the history of Los Angeles (if not the world). Let that soak in. Yes, billion with a “b”—as in Bezos, Buffett and Bloomberg.
If you’re super rich, audacious and aroused enough to place the winning bid, bring your glamping gear. That jaw-dropping price tag is just for the panoramic tract of semi-developed land overlooking Los Angeles.
But what a small inconvenience compared to what you are getting—the most exclusive promontory real estate in the USA. One-of-a-kind, The Mountain spans a stupefying 157 acres (nearly twice the size of Disneyland), with an über private road that serpentines skyward toward 90210’s largest and loftiest peak, a summit best admired by helicopter.
That view is like virtually dropping Disneyland onto Mount Baldy (L.A.’s highest peak), where you’re the only guest at the park (no cars, tourists, hikers or Mickey Mouse).
Just 20 when this story publishes (she’ll turn 21 in August) and an extremely young mother (she had baby daughter Stormi in February), Jenner runs one of the hottest makeup companies ever. Kylie Cosmetics launched two years ago with a $29 “lip kit” consisting of a matching set of lipstick and lip liner, and has sold more than $630 million worth of makeup since, including an estimated $330 million in 2017. Even using a conservative multiple, and applying our standard 20% discount, Forbes values her company, which has since added other cosmetics like eye shadow and concealer, at nearly $800 million. Jenner owns 100% of it.
John Paul Dejoria, co-founder of John Paul Mitchell Systems and Patron Tequila, really is living the American Dream.
Mr Dejoria admitted that he was once homeless with a child in his early twenties, but that just stoked his passion to succeed.
He tells Bloomberg the business ethos that fuelled his meteoric rise to the top.
The Charlotte Hornets owner and NBA legend is now one of the wealthiest men in the world.
Dr. Dre could be days away from being the first rapper turned BILLIONAIRE … thanks to a mega-deal for Apple to snatch up his Beats Electronics brand.
Apple will reportedly buy Beats for a whopping $3.2 BILLION — and since Dre and Interscope honcho Jimmy lovine created the brand … it’s a safe bet they will walk away with a huge chunk of that cash.
MEXICO CITY — Joaquin Guzman, “El Chapo,” the most wanted drug lord in Mexico and a multibillionaire fugitive, has been captured, a senior U.S. official said Saturday.
Few details were available. But Guzman has long been considered the top prize and most elusive figure in an extensive, ongoing drug war that has left tens of thousands of Mexicans dead.
Guzman led the Sinaloa cartel, the most powerful, richest and oldest of the drug-trafficking networks in Mexico. The group is responsible for the shipment of tons of cocaine and marijuana to the U.S.
The senior official said Guzman was captured early Saturday in the Sinaloa city of Mazatlan and was being transported to Mexico City. No shots were fired in the capture, the source said, which was based on information from an informant.
In recent days, the Mexican marines have been raiding numerous properties in Sinaloa belonging to close associates of Guzman.
Guzman was arrested in Guatemala in 1993 but escaped from prison in 2001 and has been on the lam ever since.
Source: LA Times
Facebook founder Mark Zuckerberg paid top dollar — more than $30 million in total — for the four residential properties located next door and behind his Palo Alto home.
Zuckerberg is one of several prominent tech CEOs who own homes on Palo Alto’s tree-lined streets. Yahoo’s (YHOO) Marissa Mayer and Google’s (GOOG) Larry Page live there, as did the late Apple (AAPL) chief Steve Jobs.
Zuckerberg, who rented for many years, reportedly paid $7 million two years ago for the 5,000-square-foot home in Palo Alto’s Crescent Park neighborhood where he lives with his wife, physician Priscilla Chan. Zuckerberg, whose personal fortune is estimated at $19 billion, also owns a home in San Francisco.
Red Bull self made billionaire Dietrich Mateschitz just dropped $1.7 million on a new extreme submarine. Part jet fighter, part great white shark, the DeepFlight Super Falcon glides underwater with the agility of a dolphin. Mateschitz hired Graham Hawkes Ocean Technologies to build the bespoke submersible for guests at his posh Laucala Island resort in Fiji.
LOS ANGELES — Imagine stepping into a car-sized capsule in downtown Los Angeles and, 30 minutes later, arriving in San Francisco
On Monday, billionaire entrepreneur Elon Musk unveiled a transportation concept that he said could whisk passengers the nearly 400 miles from Los Angeles to San Francisco in 30 minutes — half the time it takes an airplane. Read More