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Keyword: billionaires

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  • The billionaire who wants to harvest the moon

    04/04/2014 2:35:10 AM PDT · by kingattax · 11 replies
    Yahoo/CNBC ^ | April 3, 2014 | Susan Caminiti
    As a child growing up in rural India in the 1960s and 1970s, Naveen Jain would gaze up at the moon and imagine a life beyond his modest surroundings. Today he's still gazing at the moon, but for far different reasons. Jain, 55, is co-founder of Moon Express, a Mountain View, Calif.-based company that's aiming to send the first commercial robotic spacecraft to the moon next year. This serial entrepreneur-he founded Internet companies Infospace and Intelius-believes that the moon holds precious metals and rare minerals that can be brought back to help address Earth's energy, health and resource challenges. Among...
  • Beholden to Billionaires: Harry Reid is a hypocrite when it comes to campaign finance

    04/02/2014 10:52:58 AM PDT · by xzins · 10 replies
    US News.com ^ | April 1, 2014 | Peter Roff
    Senate Majority Leader Harry Reid uses his official position to beat up on people. In private he may be a very nice man. In public he’s a thug and a bully who takes advantage of the way the U.S. Constitution immunizes him for any damage he may do to the reputations of others to attack everyone from those he’s called “shadowy billionaires” to ordinary, run-of-the-mill Americans who now find themselves stuck with health insurance plans they don’t like and with out-of-pocket expenses they cannot afford. It may not be fair to hold Reid accountable for what he has been saying...
  • Billionaire will meet and greet you for $1000

    03/27/2014 12:05:37 PM PDT · by Starman417 · 27 replies
    Flopping Aces ^ | 03-27-14 | DrJohn
    Billionaire Oprah Winfrey is planning a tour to help you with your life. The Oprah Winfrey experience is coming to an arena near you. Starting in September, Winfrey will set out on an eight-city Oprah's The Life You Want Weekend tour. The plan: pack 18,000-seat arenas for a two-day experience featuring a keynote by Winfrey, who will share her personal story and advice on Friday night, and group activities and speakers picked by her on Saturday. Among those signed to participate: Eat Pray Love author Elizabeth Gilbert, pastor Rob Bell, OWN star Iyanla Vanzant and, in certain cities, guru Deepak...
  • Billionaire GOP mega-donor Sheldon Adelson is tired of wasting money on losers

    03/26/2014 1:56:46 AM PDT · by kingattax · 24 replies
    The Week ^ | 3-25-14 | Jon Terbush
    Sheldon Adelson, the billionaire casino magnate and profligate Republican bankroller, would like to spend his fortune on a winning candidate in 2016. That's because Adelson and his wife dumped almost $93 million on the 2012 elections — nearly four times more than any other individual — most of it on losing candidates. And while that sum included $30 million for eventual GOP presidential nominee Mitt Romney, much of it was also wasted propping up Newt Gingrich's shaky primary campaign, and on various losing candidates around the country.
  • Billionaire mogul Sheldon Adelson looks for mainstream Republican who can win in 2016

    03/25/2014 6:45:28 AM PDT · by GIdget2004 · 38 replies
    Washington Post ^ | 03/25/2014 | Matea Gold and Philip Rucker
    Casino magnate Sheldon Adelson, who along with his wife plowed more than $92 million into efforts to help mostly losing candidates in the 2012 elections, is undertaking a new strategy for 2016 — to tap his fortune on behalf of a more mainstream Republican with a clear shot to win the White House, according to people familiar with his thinking. In 2012, Sheldon and Miriam Adelson spent so much of their money on long-shot candidate Newt Gingrich that they helped extend an ugly intraparty fight that left the eventual nominee, Mitt Romney, severely bruised by the time he faced President...
  • Bill Gates Reveals Family Goes to Catholic Church: 'It Makes Sense to Believe in God'

    03/17/2014 6:02:02 AM PDT · by marshmallow · 71 replies
    Christian Post ^ | 3/14/17 | Stoyan Zaimov
    Bill Gates, the richest man in the world, revealed in a recent interview that his family goes to a Catholic church and that religious morality inspires a lot of his charity work. He also shared his personal thoughts on God and the biggest issues facing the world today. "The moral systems of religion, I think, are super important. We've raised our kids in a religious way; they've gone to the Catholic church that Melinda goes to and I participate in. I've been very lucky, and therefore I owe it to try and reduce the inequity in the world. And that's...
  • Bill Gates, The Man Behind Common Core Shows How Stupid He Really is About Education

    03/16/2014 8:36:52 AM PDT · by Texas Eagle · 71 replies
    http://www.agenda21radio.com ^ | 3/15/14 | Paul Preston
    Bill Gates, the multi billionaire who does not have an earned college degree or teaching certificate, never taught a day in the classroom, never worked in an educational system or one room school house is comparing the education of children to electrical outlets.
  • How Vladimir Putin Stashed Away A Secret $70 Billion Personal Fortune

    03/16/2014 9:27:50 AM PDT · by Grzegorz 246 · 59 replies
    celebritynetworth ^ | February 7, 2014 | By Brian Warner
    In order to prevent corruption and conflicts of interest within government, many major countries around the world require that their highest level leaders release annual reports disclosing their most recent income, tax returns, salary and personal net worth. For example, Barack Obama's, tax return last year showed that he and Michelle grossed $608,611 for the calendar year 2012 (his 2013 tax forms should be released soon). Most of that income came from Barack's book royalties and $400,000 Presidential salary. Believe it or not, Russia actually has the same requirement for its leaders. Including current President, Vladimir Putin. Last April, Putin...
  • Billionaires With Big Ideas Are Privatizing American Science (focusing on white diseases)

    03/16/2014 5:22:19 AM PDT · by reaganaut1 · 80 replies
    New York Times ^ | MARCH 15, 2014 | WILLIAM J. BROAD
    ... American science, long a source of national power and pride, is increasingly becoming a private enterprise. In Washington, budget cuts have left the nation’s research complex reeling. Labs are closing. Scientists are being laid off. Projects are being put on the shelf, especially in the risky, freewheeling realm of basic research. Yet from Silicon Valley to Wall Street, science philanthropy is hot, as many of the richest Americans seek to reinvent themselves as patrons of social progress through science research. ... Fundamentally at stake, the critics say, is the social contract that cultivates science for the common good. They...
  • BREAKING: Warren Buffett Buys WPLG! [Democrat Owns ABC Station in Miami, Florida]

    03/15/2014 5:30:49 PM PDT · by SoFloFreeper · 16 replies
    sfltv.com ^ | 3/12/14
    Billionaire Warren Buffet’s iconic company Berkshire Hathaway will trade 1.6 million shares of Graham Holdings stock in exchange for WPLG, according to a report from Deadline It’s been known for a while that Buffett wants to exit Graham Holdings, formerly known as the Washington Post Co., who are left with only their TV stations and a business in the education sector. Buffett will allegedly get WPLG plus an unspecified amount of cash. The Washington Post company bought WPLG in 1969 and changed its call letters to WPLG in memory of Phillip L. Graham, the husband of Washington Post publisher Katherine...
  • Billionaire Steyer Puts Money Toward Climate, Energy Issues

    02/25/2014 5:38:21 PM PST · by La Lydia · 28 replies
    NPR ^ | February 24, 2014 | David Greene
    DAVID GREENE, HOST: … wealthy donors like Tom Steyer are putting a pistol to someone's head, forcing their pet issues on candidates. Steyer himself sees things very differently. He quit his hedge fund with $1.5 billion and now in his view he's fighting as hard as he can with money and passion to do something very noble - save the planet. .. With plans to pour $100 million into key elections this year, Steyer joins this elite group of wealthy individuals trying to influence politicians and voters. Steyer says he doesn't agree with the growing influence of money in politics...
  • Shocking Opulence Revealed as Ukraine Leader Flees Home

    02/23/2014 8:18:05 AM PST · by rktman · 51 replies
    Newsmax.com ^ | 2/22/2014 | unknown
    A vast country estate, marble-lined mansions, a private golf course and zoo: the unimaginable luxury of the private residence of departed Ukrainian President Victor Yanukovych flung open for all to see. As parliament voted to oust Yanukovych Saturday and he fled to a pro-Russian bastion in east Ukraine after months of bloody protest again his rule, thousands of Ukrainians wondered awestruck around the breathtaking luxury of his abandoned property some 110 miles from Kiev after it was taken by demonstrators. "I am in shock," said retired military servicewoman Natalia Rudented, as she looked out over the manicured lawns studded with...
  • Environmentalists Do Billionaires' Bidding in Fight Against Keystone Pipeline

    02/05/2014 8:38:02 AM PST · by SeekAndFind · 7 replies
    Townhall ^ | 02/05/2014 | Rachel Marsden
    PARIS -- An environmentalist lies down alongside his fellow organic cucumber aficionados to block the construction of an oil pipeline and wakes up a member of a proxy army serving the billionaires who are fighting against America's economic and national security interests to line their own pockets. How did that happen? This phenomenon is on display in the battle against the Keystone XL pipeline project, the cornerstone of Canada-U.S. energy independence, set to run from Alberta, Canada, into Nebraska, then ultimately to the Gulf Coast of Texas where it can be exported. None of this pleases environmental activists, whose actions...
  • The Billionaires Start Lining Up Behind Hillary Clinton

    02/03/2014 1:54:19 PM PST · by lbryce · 70 replies
    Against Crony Capitalism.org ^ | February 2, 2014 | Staff
    <p>George Soros is on board. So are a bunch of other billionaires, many of whom are also denizens of Wall Street.</p> <p>Why is it that so many of the 1% support so called “progressive” candidates? Why would they support those who seek to expand the footprint of government? Isn’t that against their interests?</p>
  • Chinese billionaire ups reward for whoever can make daughter straight

    01/25/2014 8:42:52 AM PST · by rickmichaels · 69 replies
    Toronto Sun ^ | Jan. 23, 2014 | QMI AGENCY
    A Chinese billionaire is offering $1B Hong Kong dollars -- or $143,400,000 CAD [$129,574,375.80 USD] -- to any man who can turn his lesbian daughter straight. Cecil Chao Sze-tsung told a Malaysian newspaper his daughter is single, despite the fact she had a commitment ceremony with her longtime partner in 2012, and it's not too late to change her mind about men. But Gigi Chao told the South China Morning Post her father could offer up his entire fortune: "I don't think my dad's offering of any amount of money would be able to attract a man I would find...
  • Michelle Obama crashes at Oprah's Hawaii pad

    01/06/2014 5:27:51 PM PST · by Sub-Driver · 57 replies
    January 06, 2014, 05:40 pm Michelle Obama crashes at Oprah's Hawaii pad By Emily Goodin SUVs, Secret Service agents and Oprah! Michelle Obama's extended Hawaii vacation plans have leaked thanks to security sightings reported by locals near Oprah Winfrey's tropical vacation home. The Maui News reports residents said saw police cars and black SUVs near Winfrey's home in Kula on the island of Maui. The talk show host owns several hundred acres on the island. Other residents told local news outlets that security personnel asked them to leave the area and that paparazzi have been spotted. President Obama left Hawaii,...
  • Billionaires Dumping Stocks, Economist Knows Why

    01/03/2014 9:18:37 AM PST · by gorush · 58 replies
    moneynews.com ^ | Thursday, 02 Jan 2014 | Newsmax Wires
    Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods. In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson...
  • Billionaire Mayor Bloomberg Didn’t Just Put Money into New York, He Also Took it Out

    01/01/2014 5:52:29 PM PST · by SeekAndFind · 6 replies
    Frontpage Mag ^ | 01/01/2014 | Daniel Greenfield
    The hagiographic New York Times article paints a picture of Bloomberg as a selfless philanthropist mayor. The reality is a good deal more complex. In the past, the city paid its mayor; Mr. Bloomberg paid to be the city’s mayor. That much is true only because Bloomberg did spend a lot of money on elections. But he wasn’t the first billionaire to run for office that way. An analysis by The New York Times shows that Mr. Bloomberg has doled out at least $650 million on a wide variety of perks and bonuses, political campaigns and advocacy work, charitable...
  • Remembering Harold Simmons

    01/01/2014 4:47:46 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | January 1, 2014 | Brent Bozell
    I've not read the official obituaries because they are predictable. "Billionaire." "Reclusive." "GOP donor." "Swift Boat Vets." "Industrialist." "Controversial." "Dallas." And there you have it: the death of a sinister figure driven by greed, the puppeteer manipulating the political process, a 21st century J.R. Ewing. (Or is it Mr. Burns?) If this is what you've read, it's written by someone who didn't know Harold Clark Simmons. I never knew a man quite like him. I met him in 1981 while panhandling for some political cause or another. Back then, he kept a ledger of his political donations on 5-by-7 cards....
  • Twenty-two Billionaires Already Purchase Units at Porsche Design Towers

    10/18/2013 6:17:38 PM PDT · by FlJoePa · 51 replies
    I Adore Miami ^ | 10-16-13 | n/a
    October 16, 2013 A ground-breaking, new high-luxury residential tower, emblematic of contemporary and revolutionary architectural design, is showing signs of being the most anticipated project in the history of Miami Luxury Real Estate. The Porsche Design Towers, slated for erection sometime in 2016 on 2.2 acres of beachfront property along Collins Ave in Sunny Isles, will be one of the world’s first residential condominiums to have large glass elevators that transport residents-while still inside their cars- to their apartments. As residents arrive at the building and switch off their engines, an automatic platform will extend, scooping up the car and...
  • World’s First “Trillionaire” Offers to Pay Down U.S. National Debt

    10/06/2013 11:04:19 AM PDT · by SoFloFreeper · 33 replies
    heritage.org ^ | 10/4/13 | Josh Shepherd
    A restaurant manager from Tyler, Texas, briefly became the world’s first trillionaire earlier this week—until his $4 trillion bank balance was found to be an online glitch. In an interview with KLTV, Reggie Theus said he would have used $3 trillion of his windfall to pay down the national debt.
  • Casino mogul Sheldon Adelson loses libel suit

    10/01/2013 3:59:06 PM PDT · by Olog-hai · 9 replies
    Associated Press ^ | Oct 1, 2013 6:54 PM EDT | Hannah Dreier
    Billionaire casino mogul Sheldon Adelson has lost a defamation lawsuit against the National Jewish Democratic Council. Adelson asked for $60 million in damages, arguing the council libeled him by saying his political contributions were sullied by links to prostitution. On Monday, a federal judge in Manhattan found that the council’s speech was protected. Adelson, whom Forbes ranks as the ninth-richest American, is chief executive officer of the Las Vegas Sands Corp. and a major Republican donor. The lawsuit accused the council of “assassinating” Adelson’s character by saying he personally approved of prostitution in resorts owned by Sands China Limited, a...
  • Pelosi, World Leaders in Attendance at Soros’ Nuptials

    09/22/2013 6:31:41 AM PDT · by Olog-hai · 39 replies
    Newsmax ^ | Sunday, 22 Sep 2013 08:48 AM | Audrey Hudson
    Billionaire and Democratic Party financier George Soros got married Saturday and celebrated the nuptials with hundreds of his closest friends, including corporate executives, world leaders, and House Minority Leader Nancy Pelosi. …Soros, 83, married Tamiko Bolton, a healthcare consultant who is nearly half his age. She is his third wife. …
  • LOL!!! EPIC PICTURE OF GEORGE SOROS AND BRIDE!!!

    09/20/2013 5:51:36 PM PDT · by Lazamataz · 124 replies
    Free Republic Original Content | September 20, 2013 | by Laz A. Mataz
    Sometimes, God simply laughs, and occasionally, he lets us into the joke. I saw THIS PICTUREof George Soros and his brand new bride on a FR thread. I noticed the text behind him, on the movie poster, and it simply SCREAMED for some attention.I created THIS:
  • NYC mayoral favorite a Soros front man?

    09/18/2013 10:43:19 AM PDT · by SeekAndFind · 4 replies
    WorldNetDaily ^ | 09/18/2013 | Aaron Klein
    NEW YORK – Billionaire political activist George Soros is the primary patron of New York mayoral frontrunner Bill de Blasio, WND has learned. Last month, the New York news media reported Soros had endorsed De Blasio’s mayoral bid but failed to disclose the billionaire’s major financial donation to the candidate’s nonprofit as well as De Blasio’s cozy working relationship with Soros-funded activist groups. “I am endorsing Bill de Blasio for Mayor because I believe he has the talent, vision and ability to lead New York City,” Soros said in a statement released by the de Blasio campaign in early August....
  • Terry McAuliffe meets with Michael Bloomberg

    09/03/2013 1:43:30 PM PDT · by Perdogg · 12 replies
    Politico ^ | By MAGGIE HABERMAN | 9/3/13 3:50 PM EDT
    Democratic Virginia gubernatorial hopeful Terry McAuliffe recently met with New York Mayor Michael Bloomberg in an effort to get support from the billionaire politician, two sources familiar with the meeting told POLITICO. The pair met in New York a week-and-a-half ago, according to the sources. Aides to McAuliffe declined comment, and a Bloomberg spokesman did not respond to an email asking about the meeting.
  • Google transfers Glass staffer after billionaire Brin’s mistress outed

    09/02/2013 3:01:57 PM PDT · by Vince Ferrer · 43 replies
    New York Post ^ | August 30, 2013 | GARETT SLOANE and JEANE MACINTOSH
    The girlfriend at the center of the split between Google co-founder Sergey Brin and his wife will no longer be working side by side with her billionaire beau in the wake of the bombshell office romance that has rocked Silicon Valley, The Post has learned.
  • Billionaire Environmentalist Lends Support to McAuliffe

    08/05/2013 12:19:23 PM PDT · by Gopher Broke · 14 replies
    Environmentalist billionaire Tom Steyer is testing his influence in the Virginia gubernatorial election in support of Democratic candidate Terry McAuliffe, with his political group preparing to spend a large amount of money in the race. Steyer is a San Francisco billionaire who used to work as a hedge fund manager, and is using his super PAC "NextGen Climate Action" to launch television ads to mobilize environmentalist voters to turn out in the gubernatorial race in support of McAuliffe in the Old Dominion, Politco reports. Steyer told Politico that he hopes to send a message to the country about the power...
  • Who's paying for those wall-to-wall Rubio "conservative immigration reform" ads on Rush?

    06/14/2013 10:47:25 AM PDT · by E. Pluribus Unum · 22 replies
    There are a couple of false-flag "conservative immigration reform" ads every commercial break on Rush today. Who's paying for them? George Soros?
  • George Soros: Media Mogul (Lefty Businessman Spends Millions Funding Journalism)

    08/19/2011 8:23:22 AM PDT · by markomalley · 19 replies
    Media Research Center ^ | August 15, 2011 | Dan Gainor and Iris Somberg
    On April 8, House Democratic leader Nancy Pelosi headlined a Boston conference on ''media reform.'' She was joined by four other congressmen, a senator, two FCC commissioners, a Nobel laureate and numerous liberal journalists. The 2,500-person event was sponsored by a group called Free Press, one of more than 180 different media-related organizations that receives money from liberal billionaire George Soros. Soros, who first made a name for himself in investing and currency trading, now makes his name in politics and policy. Since the 2004 election, the controversial financier has used his influence and billions to push a laundry list...
  • Bill and Melinda Gates: Controlling Population and Public Education

    04/09/2013 2:59:16 AM PDT · by markomalley · 14 replies
    Catholic Exchange ^ | 4/9/13 | Anne Hendershott
    Continuing their commitment to controlling global population growth through artificial contraception, sterilization, and abortion initiatives, Microsoft founder and philanthropist, Bill Gates and his wife, Melinda, a self-described “practicing” Catholic, are now attempting to control the curriculum of the nation’s public schools. Subsidizing the Common Core State Standards in English language arts and mathematics, the Bill and Melinda Gates Foundation has committed more than $76 million to support teachers in implementing the Common Core—a standardized national curriculum.   This, on top of the tens of millions they have already awarded to the National Governor’s Association and the Council of Chief State School Officers...
  • Russian billionaire’s plan for immortality by 2045 includes turning us into cyborgs

    04/05/2013 9:53:28 AM PDT · by null and void · 53 replies
    Electronic Products ^ | 4/1/13 | Nicolette Emmino
    This article was posted on 04/01/2013 Russian billionaire’s plan for immortality by 2045 includes turning us into cyborgs Technology may be advancing, but it doesn’t change the fact that the human body is limited. Eventually, human beings die.  Maybe immortality sounds like science fiction, especially when thinking about cyborgs, avatars, and robots, but for one Russian man, living forever in a machine’s body is the future, and it’s not so far away. After Dmitry Itskov made a fortune as founder of a web publishing company, New Media Stars, he began thinking about the meaning of life and consciousness. Last February, Itskov gathered...
  • Greens get billionaire ally, money (Tom Steyer)

    04/03/2013 8:18:27 AM PDT · by Darren McCarty · 18 replies
    The Hill ^ | 4-3-2013 | Alexandra Jaffe
    A California billionaire is pledging to spend as much of his fortune as necessary to make climate change “the defining issue of our generation.” Tom Steyer, who made his riches as a hedge fund manager, told The Hill on Tuesday that he wants to make climate change a campaign issue for years to come and Democratic support for environmental protections as widespread as support for gay marriage and immigration reform. “The goal here is not to win. The goal here is to destroy these people. We want a smashing victory,” Steyer said of candidates he judges to be on the...
  • Billionaire Plans Park of Giant Dinosaurs

    03/30/2013 6:07:04 PM PDT · by nickcarraway · 14 replies
    Discovery News ^ | MAR 30, 2013
    An eccentric Australian mining magnate who is building a replica of the ill-fated Titanic has unveiled his latest scheme -- a park of giant robotic dinosaurs. Clive Palmer, who last month in New York launched an ambitious plan to build and sail the "Titanic II", said he had ordered more than 100 life-size dinosaur robots from China to populate his north Australian resort. "We'll have the world's biggest dinosaur exhibit, with 165 animatronic dinosaurs," Palmer said. He already has two of the towering creatures -- named Jeff and Bones -- on display at his Palmer Coolum Resort on the Sunshine...
  • California billionaire bets on rentals with Wake home-buying spree

    03/22/2013 1:07:57 PM PDT · by nascarnation · 3 replies
    newsobserver.com ^ | Feb 23, 2013 | David Bracken
    Daniel Creswell’s house in northeast Raleigh sat on the market for nine months until late last month, when a deep-pocketed buyer arrived seemingly from another era. Creswell had bought the property back in April at a foreclosure auction for $162,500. After fielding low offers for months, the mystery buyer offered $210,000, or $10,000 below his asking price. Creswell eventually agreed to a price of $213,000, or $1,000 more than the home originally sold for in 2002. In addition to paying cash, the buyer paid the closing costs and the cost of the home inspection.
  • Mortgage Applications, Yield Curves, The Fed and Russian Billionaires

    03/20/2013 9:14:19 AM PDT · by whitedog57
    Confounded Interest ^ | 03/20/2013 | Anthony B. Sanders
    According to the Mortgage Bankers Association, mortgage applications fell -7.11% from the preceding week. Mortgage purchases applications fell -3.87%. They remain in a rut since the April 30, 2010 spike. Sustainable? Yes. Does it help the housing rally? Of course not. Mortgage refinancing applications fell -8.01% from the previous week. This is not surprising since mortgage rates have remained low for so long that the pool of borrowers wanting to refinance their mortgages is thinning out. Unless, of course, the Federal government (or FHFA) changes the requirements for negative equity refis. Yield Curves Of course, one of the most important...
  • Huma Abedin's cooking scars

    03/18/2013 9:31:41 AM PDT · by drpix · 68 replies
    nypost.com ^ | 3/18/13 | staff
    Huma Abedin drew worried glances at a fund-raiser for Terry McAuliffe, who is running for governor of Virginia, by wearing bandages on both forearms. Abedin was joined by husband Anthony Weiner at the event, thrown by billionaire hedge-fund manager and longtime Clinton backer Marc Lasry and his wife, Cathy, at his Manhattan town house. Sources tell us Abedin was injured during a cooking accident. She burned her arms taking something out of the oven.
  • Billionaire John Paulson may be eyeing move to Puerto Rico to pay lower taxes: report

    03/12/2013 6:04:36 AM PDT · by cll · 24 replies
    NY Daily News ^ | 3/11/2013 | Erik Ortiz
    Could big-money billionaire John Paulson be ready to bolt from New York and into a palatial Puerto Rico penthouse in the name of lower taxes? A Bloomberg News report says the Queens-born hedge fund heavyweight — worth $11.2 billion — has looked at property in the wealthy Condado neighborhood of San Juan. The $5 million penthouse he reportedly eyed is 8,379 square feet, occupies three floors and includes six underground parking spaces, according to the Trillion Realty Group listing. ~ snip ~ Paulson’s potential move to the commonwealth would save the 57-year-old from paying tax gains on the $9.5 billion...
  • An Australian Billionaire Is Building A Nearly Exact Replica Of The Titanic

    02/27/2013 8:41:52 AM PST · by SeekAndFind · 42 replies
    Business Insider ^ | 02/27/2013 | Alex Davies
    Last year, rumors popped up that Australian billionaire Clive Palmer was working on cloning a dinosaur. Whatever happens to those plans, it's clear that Palmer has a taste for recreating the past. The 58-year-old, who made his fortune from natural resources like coal and iron, is now bringing the world's most famous ship back to life. In New York on Tuesday, he unveiled images of Titanic II, a replica of the ocean liner that sunk on its maiden voyage in 1912, claiming 1,502 lives. To offer 21st century cruise-goers the chance to sail on the Titanic, Palmer created the company...
  • Billionaire Has Plans to Build Titanic Replica

    02/26/2013 4:04:34 PM PST · by Pan_Yan · 38 replies
    AP via Yahoo! ^ | 2/26/2013 | EILEEN AJ CONNELLY
    NEW YORK (AP) — What could possibly go wrong? An Australian billionaire is getting ready to build a new version of the Titanic that could set sail in late 2016. Clive Palmer unveiled blueprints for the famously doomed ship's namesake Tuesday at the Intrepid Sea, Air and Space Museum in New York. He said construction is scheduled to start soon in China. Palmer said 40,000 people have expressed interest in tickets for the maiden voyage, taking the original course from Southampton, England, to New York. He said people are inspired by his quest to replicate one of the most famous...
  • Billionaire has unique role in official Washington: climate change radical

    02/23/2013 8:16:49 AM PST · by Lorianne · 28 replies
    Washington Post ^ | 17 February 2013 | Juliet Eilperin
    When Thomas Steyer — a San Francisco billionaire and major Democratic donor — discusses climate change, he feels as if one of two things is true: What he’s saying is blindingly obvious, or insane. It’s a somewhat shocking statement for someone who’s in the running to succeed the cerebral Steven Chu as energy secretary. Granted, he’s a long shot — the leading contender is MIT professor Ernest Moniz, who served as the department’s undersecretary during the Clinton administration — but his backers say his strength lies in combining business savvy with an activist’s passion. But it’s not as if Steyer,...
  • In-N-Out Heiress Lynsi Torres: Youngest American Woman Billionaire

    02/18/2013 5:31:54 AM PST · by SoFloFreeper · 21 replies
    Baldwin Park Patch ^ | 2/9/13 | Hazel Lodevico-To'o
    In-N-Out owner Lynsi Torres, is 30-years-old with no college degree and no formal business training. But she has been called the youngest billionaire in America. Lynsi Torres inherited a California icon when she was given half ownership of Baldwin Park native In-N-Out burger when she turned 30 last year. This week, Bloomberg Magazine named Torres the youngest, wealthiest woman in America, given that she will receive full ownership of the estimated $1.1 billion burger empire when she turns 35. Torres inherited the In-N-Out empire from her grandparents, Harry and Esther Snyder who founded the Christian-themed chain in 1948 with their...
  • Facebook paid no taxes despite record profits

    02/16/2013 11:11:49 AM PST · by ImJustAnotherOkie · 30 replies
    Fox ^ | February 16, 2013 | Fox News
    Despite earning more than $1 billion in profits last year, social media juggernaut Facebook paid zilch when it came to federal and state taxes in 2012. In fact, the website will actually be getting a refund totaling $429 million thanks to a tax reduction for executive stock options. In the coming years, Facebook will continue to get monster tax breaks, totaling about $3 billion.
  • Russian Billionaire's Mega-Yacht Makes Waves in NYC

    02/15/2013 5:10:49 AM PST · by MeneMeneTekelUpharsin · 45 replies
    CNBC ^ | 2-15-2013 | Robert Frank
    <p>On Wednesday, a private yacht sailed slowly and quietly up the Hudson River and docked near midtown Manhattan. This wasn't just any yacht, however. It was Eclipse -- the largest private yacht in the world. And its presence is sure to touch off a frenzy of speculation about its owners and future.</p>
  • Buffett’s firm dips into $23B Heinz ketchup deal

    02/14/2013 9:29:02 AM PST · by Olog-hai · 5 replies
    Associated Press ^ | Feb 14, 2013 10:50 AM EST | Candice Choi and Josh Funk
    Billionaire investor Warren Buffett is dipping into the ketchup business as part of $23.3 billion deal to buy the Heinz ketchup company. H.J. Heinz Co. says it’s the largest deal ever in the food industry. The company, based in Pittsburgh, also makes Classico spaghetti sauces, Ore-Ida potatoes and Smart Ones frozen meals. Buffett's Berkshire Hathaway and its partner on the deal—3G Capital, the investment firm that bought Burger King in 2010—say Heinz will remain headquartered in Pittsburgh. Heinz CEO William Johnson said in a statement that the company “will have an opportunity to drive further growth” as a private enterprise....
  • In-N-Out Heiress Lynsi Torres is America's Youngest Female Billionaire

    02/08/2013 10:41:24 PM PST · by nickcarraway · 28 replies
    KPCC ^ | February 5th, 2013
    A Double-Double, fries and shake is about as L.A. as it gets. You order that classic combo at any In-N-Out burger and you'll get a fast-food meal that's a favorite of celebrity chefs like Gordon Ramsey and Anthony Bourdain. Sure, it's small as far as chains go with fewer than 300 location in just five states, but the private Irvine-based company has a devoted following, and it's estimated to be worth more than $1 billion. "It is an extreme oddity considering they started in 1948, about the same time as McDonald's, Jack In The Box, Carl's Jr., all of which...
  • Bill Gates and Eugenics: The world needs fewer people

    12/29/2012 3:18:25 PM PST · by lowbridge · 94 replies
    Gates: Software billionaire Bill Gates, who previously has advocated the reduction of the human population through the use of vaccines, and his wife Melinda marked the 100th year since the First International Eugenics Congress in London with a “family planning” summit with abortionists and the United Nations. The July 11 event, co-hosted by the United Kingdom Department for International Development, included organizations such as Planned Parenthood, Marie Stopes International and the U.N. Populations Fund, as well as the Bill and Melinda Gates Foundation. Critics pointed out the summit was held 100 years after the July 1912 eugenics conference led by...
  • Jersey City officials 'teed off' over gift-card giveaway for Sandy victims

    12/20/2012 8:05:47 PM PST · by SMGFan · 14 replies
    An effort by a Livingston billionaire to hand out free $100 gift cards to Jersey City residents affected by Hurricane Sandy turned into a fiasco last week after some residents who spent hours on line say they were later not able to obtain the gift cards. The effort led to long lines at some community groups last Monday night as people sought to register for the cards and long lines again two days later when residents showed up to pick them up, according to residents, community leaders and organizers of the charity effort. Two City Councilwoman blasted the effort at...
  • Facebook CEO Mark Zuckerberg donating $500 million in stock to Silicon Valley charity

    12/19/2012 10:00:49 AM PST · by OKRA2012 · 11 replies
    Fox News ^ | 12/19/12
    SAN FRANCISCO – Facebook CEO Mark Zuckerberg said he is donating nearly $500 million in stock to a Silicon Valley charity with the aim of funding health and education issues. Zuckerberg donated 18 million Facebook shares, valued at $498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community Foundation, a nonprofit that works with donors to allocate their gifts. This is Zuckerberg's largest donation to date. He pledged $100 million in Facebook stock to Newark, N.J., public schools in 2010, before his company went public earlier this year. Later in 2010, he joined Giving Pledge,...
  • Wal-Mart boss Sam Walton funding Obama big time

    10/22/2012 3:47:27 PM PDT · by Evil Slayer · 77 replies
    Can we stop pretending that Barack Obama’s candidacy is some grass-roots uprising? Obama’s campaign has outspent Romney’s campaign. The Democratic National Committee has outspent the Republican National Committee. While Romney’s SuperPAC (Restore our Future), has outspent Obama’s SuperPAC (Priorities USA), that $40 million Romney SuperPAC edge doesn’t come close to making up for the Obama campaign’s $180 million edge. There is legally undisclosed spending going on here, and there’s reason to believe Romney benefits from more of it than Obama, but that’s not conclusive, and we don’t know how big Romney’s edge is in that category. Obama argues that his...