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Tag Archives: wealth

 

AP

HONG KONG — The daughter of a flamboyant Hong Kong tycoon — who has offered $65 million to any man who can woo her away from her lesbian partner — said she’s not upset with her father. Still, it’s unlikely she will be accepting any of the marriage proposals flooding in.

Cecil Chao made world headlines this week when he offered the unusual marriage bounty after learning that his daughter, Gigi Chao, had eloped with her partner to France.

Hong Kong decriminalized homosexuality in 1991, but it does not legally recognize same-sex marriage.

Cecil Chao is the chairman of Hong Kong property developer Cheuk Nang Holdings and has a reputation for being a playboy.

He once claimed to have had 10,000 girlfriends but has never married. Read More


via Forbes

Warren Buffett, Oprah Winfrey, Bill and Melinda Gates–it was a gathering of giants. Forbes simply had to take a picture. On June 26 Forbes convened the first-ever Forbes 400 Summit on Philanthropy, a gathering of 161 billionaires and near-billionaires intent on solving the world’s most intractable problems. During a break in the action, twelve of the nation’s leading philanthropists sat for a group portrait by photographer Michael Prince in the Trustees Room at the New York Public Library. The net worth in the room: $126 billion. The historic photo folds out as the cover of the 30th annual Forbes 400 issue, the definitive ranking of America’s wealthiest people.

Boosted by Dr. Dre’s $110 million payday, rap’s top 20 earners pulled in $415 million last year. Checkout the Top 10 Below:

via Forbes

  1. Andre “Dr. Dre” Young  $110 million
  2. Sean “Diddy” Combs $47 million
  3. Shawn “Jay – Z” Carter $38 million
  4. Kanye West $35 million
  5. Dwayne “Lil Wayne” Carter $27 million
  6. Aubrey “Drake” Graham $20.5 million
  7. Bryan “Birdman” Williams $20 million
  8. Nicki Minaj $15.5 million
  9. Marshall “Eminem” Mathers $15 million
  10. Christopher “Ludacris” Bridges $12 million

 

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Warren Buffett celebrated his 82nd birthday Thursday by announcing an additional $3.1 billion in donations to the charities run by his three children.
source

1. Oprah Winfrey (TV Personality) – $165 million

2. Michael Bay (film director) – $160 million

3. Steven Spielberg (film director) – $130 million

4. Jerry Bruckheimer (film director) – $115 million

5. Dr. Dre (music producer) – $110 million

6. Tyler Perry  (film director)- $105 million

7. Howard Stern (radio host) – $95 million

8. James Patterson (author) – $94 million

9. (tie) Simon Cowell (TV producer) – $90 million

9. (tie) George Lucas  (film director)- $90 million

via NBC SPORTS

1. Kobe Bryant (Lakers) $27,849,149
2. Dirk Nowitzki (Mavericks) $20,907,128
3. Carmelo Anthony (Knicks) $20,463,024
4. Amare Stoudemire (Knicks) $19,948,799
5. Joe Johnson (Nets) $19,752,645
6. Dwight Howard (Lakers) $19,536,360
7. Pau Gasol (Lakers) $19,000,000
8. Chris Paul (Clippers) $17,779,458
9 (T). Chris Bosh (Heat) $17,545,000
9 (T). LeBron James (Heat) $17,545,000
(Bonus) 11.Dwyane Wade (Heat) $17,182,000

In unrelated news, Kobe Bryant drops 68 points in 15 minutes of a Chinese charity game.  Watch highlights below:

The event raised over $400,000 in ticket revenue, which will go towards building and improving basketball facilities in Project Hope schools for underprivileged children in China.

 

Source

  1. Jay Z + Beyonce = $78 million
  2. Tom Brady + Gisele Bunchen =$70 million
  3. David + Victoria Beckham = $54 million
  4. Brad Pitt + Angelina Jolie = $45 million
  5. Will + Jada Pinkett Smith =$40 million

Kanye & Kim Kardashian on the next years list?

Kanye West, always keeping his fans in the know.

Stay Tuned…

According to a source at MediaTakeOut, the jet is a brand new Bombardier Challenger 850 and has a living room, a full kitchen, a bedroom . . . and TWO FULL BATHROOMS. Check out a few photos of the Jet after the jump Read More

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The richest women may span the globe, but two of them come from the same family: the Waltons.
Two of the Walmart heirs capture spots two and and four on Wealth-X’s list of the world’s richest women. Valued at $29 and $28 billion respectively, the two women are part of a family that’s worth the same amount as the bottom 30 percent of Americans, according to an analysis from a labor economist at the University of California-Berkeley.
Other super-wealthy women that made Wealth-X’s cut include Australian mining mogul Gina Rinehart, valued at $29.1 billion, and French socialite Liliane Bettencourt, who is valued at $24 billion. Read More

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source

Young adults from affluent families are more likely to live at home than their poorer counterparts, a new study from Australia’s Melbourne Institute has found (via the Wall Street Journal). Three quarters of 20-year-olds from wealthy backgrounds live at home, while less than two-thirds of young adults whose families used welfare still rely on them for financial support, the report finds.

Read More

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Forbes Releases its Annual List of Hip hop’s Cash Cows for 2012. Check the list below:

Forbes Top 5 List is Below:

1. Sean “Diddy” Combs – $550 Million
2. Shawn “Jay-Z” Carter – $460 Million
3. Andre “Dr. Dre” Young – $270 Million
4. Bryan “Birdman” Williams – $125 Million
5. Curtis “50 Cent” Jackson -$100 Million

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source

No matter how much money Carlos Slim, Bill Gates, and Warren Buffett have, there’s one thing they can’t buy: youth. There are an elite few who want for neither money nor time, youngsters in their 20s and 30s who have already amassed or inherited more money than they could hope to spend in a lifetime.

The youngest billionaire in the world is 27-year-old Dustin Moskovitz, Facebook’s third employee. Moskovitz was a roommate of Facebook founder Mark Zuckerberg, who happens to be only 8 days older. The duo dropped out of Harvard and moved to Silicon Valley together to launch the fledgling social network. Now a world-wide phenomenon, Facebook is set to IPO in 2012, which could further boost the fortunes of the two youngest billionaires.

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