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Keyword: billionaires

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  • A Wealthy Governor and His Friends Are Remaking Illinois

    11/30/2015 3:35:25 AM PST · by reaganaut1 · 7 replies
    New York Times ^ | November 28, 2015 | NICHOLAS CONFESSORE
    The richest man in Illinois does not often give speeches. But on a warm spring day two years ago, Kenneth C. Griffin, the billionaire founder of one of the world's largest hedge funds, rose before a black-tie dinner of the Economic Club of Chicago to deliver an urgent plea to the city's elite. They had stood silently, Mr. Griffin told them, as politicians spent too much and drove businesses and jobs from the state. They had refused to help those who would take on the reigning powers in the Illinois Capitol. "It is time for us to do something," he...
  • Billionaire gay ‘marriage’ advocate backs Marco Rubio

    11/07/2015 11:30:34 AM PST · by VitacoreVision · 15 replies
    Life Site News ^ | Nov 3, 2015 | Dustin Siggins
    Billionaire Paul Singer, best known in politics for his backing of Jewish and LGBT causes, has backed Florida Senator Marco Rubio in the GOP presidential race. The biggest donor in the 2014 race, Singer's LGBT activism is due to the orientation of his son, Andrew. The elder Singer has created at least two groups dedicated to protecting the state of Israel, loosening immigration laws, and expanding the role of government in promoting the LGBT community's goals. Rubio's star has risen since last week's GOP debate, especially with potential competitors for donors either leaving the race, such as Wisconsin governor Scott...
  • World's richest man: Only socialism can save planet

    11/03/2015 11:34:14 AM PST · by Enlightened1 · 52 replies
    WND ^ | 11/03/15 | Douglas Ernst
    Gates wants giant carbon tax, says government 'somewhat inept' The world’s richest man thinks only socialism – and skyrocketing gas prices – can save the world from climate change. Bill Gates, whose net worth is roughly $80 billion, told the Atlantic for its November issue that only massive intervention by world governments can head off environmental disaster. “There’s no fortune to be made. Even if you have a new energy source that costs the same as today’s and emits no CO2, it will be uncertain compared with what’s tried-and-true and already operating at unbelievable scale and has gotten through all...
  • Number Of Chinese Billionaires Rose By 242 In Past Year, Overtaking US For First Time

    10/18/2015 7:15:03 PM PDT · by SeekAndFind · 7 replies
    International Business Times ^ | 10/18/2015 | By Duncan Hewitt
    SHANGHAI -- Chinas volatile stock markets have helped the number of dollar billionaires in the country outstrip that of the U.S. for the first time, despite the countrys economic slowdown, according to a new report. As of mid-August, the country had 596 billionaires, up 242 on 2014, and above the U.S. figure of 537, said Shanghai-based consultancy Hurun Report in its annual China Rich List.The total wealth of the 1,877 people on the list, each of whom has a personal value of at least 2 billion yuan (around $310 million), exceeds the GDP of India, the report added. Real...
  • Number of Billionaires in China Overtakes US: Survey

    10/15/2015 2:43:04 PM PDT · by nickcarraway · 21 replies
    Chanel News Asia ^ | 15 Oct 2015
    China now has 596 billionaires, despite slowing growth in the world's second-largest economy. The number of billionaires in China has overtaken that of the United States for the first time, an annual survey said on Thursday (Oct 15), calling it a "turning point" for the super-wealthy. Communist-ruled China now has 596 billionaires, up a "staggering" 242 over the last year, Shanghai-based luxury magazine publisher Hurun Report said, surpassing the 537 Americans. "The world used to look to American entrepreneurs ... for inspiration. This year, 2015, is a turning point," Hurun Report chairman Rupert Hoogewerf told AFP. "This is the...
  • The mystery billionaire giving millions to Planned Parenthood to pay for poor womens abortions

    10/01/2015 11:56:44 AM PDT · by wagglebee · 36 replies
    LifeSiteNews ^ | 10/1/15 | Abby Johnson
    Sept. 28, 2015 (LifeSiteNews) - Three weeks after I left my job at the clinic, Planned Parenthood took me to court. I am always asked, “Why would they take you to court? Did they have something to hide?” Well, yes. They absolutely had something to hide. They didn’t want me sharing the information in this article. Let’s expose the truth, shall we? Yes, I do realize that releasing this information puts me in a precarious situation. But it’s always better for the truth to be out…no matter the cost. It was life changing. I remember the first time we were...
  • Washington Post Owner Makes $16.5B While Paper Whines 558 Times About Income Inequality

    09/30/2015 12:58:47 PM PDT · by MarvinStinson · 6 replies
    newsbusters ^ | September 30, 2015 | Dan Gainor
    How do you spell hypocrisy? W-a-s-h-i-n-g-t-o-n P-o-s-t. The Washington, D.C., paper of record has spent the past year filling bird cages and landfills with stories about income inequality 156 in print alone and another 404 in blogs or 560 total. Subtract one of those (listed twice in LexisNexis) that included the name of billionaire Post owner Jeffrey Bezos. The remaining 155 print and 403 blog mentions didnt have any discussion of the newspapers fat cat owner. Yet, Bezos is now the fourth-richest American with a fortune of $47 billion, according to Forbes. He purchased the Post for $250 million,...
  • THE ENERGY ELECTION ( climate change money )

    09/30/2015 11:21:28 AM PDT · by george76 · 7 replies
    New Geography ^ | 09/30/2015 | Joel Kotkin
    Progressive pundits increasingly envision the 2016 presidential election as a last chance, as one activist phrased it, to stop climate change catastrophe. As this agenda gets ever more radical, the prominence of climate change in the election will grow ever more obvious. The key here is that the green left increasingly does not want to limit or change the mix of fossil fuels, but eliminate them entirely, the faster the better. ... Climate activists such as hedge fund billionaire Tom Steyer increasingly couch their policies on theological grounds, one reason why the popes intervention was so timely. Stark self-interest is...
  • Billionaire Lifts Marco Rubio, Politically and Personally

    09/30/2015 9:47:35 AM PDT · by NKP_Vet · 29 replies
    http://www.nytimes.com ^ | May 9, 2015 | MICHAEL BARBARO and STEVE EDER
    MIAMI One day in the State Capitol in Tallahassee, Marco Rubio, the young speaker of the House, strayed from the legislative proceedings to single out a lanky, silver-haired man seated in the balcony: a billionaire auto dealer named Norman Braman. This man, Mr. Rubio said in effusive remarks in 2008, was no ordinary billionaire, hoarding his cash or using it to pursue selfish passions. Hes used it, Mr. Rubio said, to enrich the lives of so many people whose names you will never know. As it turned out, one of the people enriched was Mr. Rubio himself. As Mr....
  • Billionaire Lifts Marco Rubio, Politically and Personally

    09/30/2015 8:19:46 AM PDT · by conservative98 · 12 replies
    The New York Times ^ | MAY 9, 2015 | MICHAEL BARBARO and STEVE EDER
    MIAMI One day in the State Capitol in Tallahassee, Marco Rubio, the young speaker of the House, strayed from the legislative proceedings to single out a lanky, silver-haired man seated in the balcony: a billionaire auto dealer named Norman Braman. This man, Mr. Rubio said in effusive remarks in 2008, was no ordinary billionaire, hoarding his cash or using it to pursue selfish passions. Hes used it, Mr. Rubio said, to enrich the lives of so many people whose names you will never know. As it turned out, one of the people enriched was Mr. Rubio himself. As Mr....
  • The Backstory on Donald Trump's Four Bankruptcies

    09/21/2015 6:50:22 AM PDT · by SeekAndFind · 54 replies
    The Street ^ | 09/21/2015 | Emily Stewart
    Donald Trump has never declared bankruptcy, but his businesses have -- four times. The real estate mogul, television star and Republican presidential frontrunner filed for corporate bankruptcy in 1991, 1992, 2004 and 2009. Three of the cases were related to his casino and hotel properties in Atlantic City, N.J. And even though more than six years have passed since Trump had his last run-in with Chapter 11, it remains a touchy subject. Trump was quick to clarify at the Republican presidential debate hosted by Fox News in August that he had never filed for personal bankruptcy. Instead, he cast his...
  • Mid-East Refugees Reject Billionaires Offer [semi-satire]

    09/14/2015 9:48:20 AM PDT · by John Semmens · 1 replies
    Semi-News/Semi-Satire ^ | 12 Sep 2015 | John Semmens
    An Egyptian billionaires offer to buy a Mediterranean island for refugees from the war-torn Middle East region to inhabit and build a new country was not well received by the intended beneficiaries. Building a new country is too much work, complained Muhammad Moosheer. Why cant we go to countries that will give us food and houses? Why should we be denied the benefits that America or Germany grant to their people? US President Obama agreed, calling the job of building a new country from the ground up daunting. Frankly, the idea makes no sense. Theres no need to reinvent the...
  • Rebel billionaires eager to follow Trump into politics

    09/14/2015 2:30:08 PM PDT · by Hojczyk · 29 replies
    Politico ^ | September 14, 2015 | BEN SCHRECKINGER
    Dallas Mavericks owner Mark Cuban is so impressed with Donald Trumps success that he is now considering running for office himself. I love the fact that he has changed the game. The idea of imperfect candidates with forceful ideas opens the door for a lot of people that would not have previously run, said Cuban, cautioning that if he were to follow Trumps example, My positions would be far different. Cuban who in the past has feuded with his fellow rebel billionaire is hosting a Monday mega-rally for Trump at his Dallas arena. The Republican frontrunner called...
  • Egyptian billionaire offers to buy an ISLAND ...so fleeing migrants can 'build a new country'

    09/10/2015 2:27:44 PM PDT · by Rusty0604 · 35 replies
    Daily Mail ^ | 09/04/2015 | By Simon Tomlinson for MailOnline
    An Egyptian billionaire has offered to buy an island from Greece or Italy and develop it to help hundreds of thousands of people fleeing from Syria and other conflicts. Announcing the initiative on Twitter, telecoms tycoon Naguib Sawiris said: 'Greece or Italy sell me an island, I'll call its independence and host the migrants and provide jobs for them building their new country'. More than 2,300 people have died at sea trying to reach Europe since January, many of them Syrians who fled their country's four-and-a-half year conflict. His comments also come just days after heartbreaking images emerged of three-year-old...
  • Egypt billionare offers to buy Med island for refugees

    09/04/2015 12:26:50 PM PDT · by familyop · 39 replies
    AFP by way of Yahoo News ^ | September 3, 2015 | Victor Luckerson
    Cairo (AFP) - Egyptian billionaire Naguib Sawiris has offered to buy an island off Greece or Italy and develop it to help hundreds of thousands of people fleeing from Syria and other conflicts. "...I'll...host the migrants and provide jobs for them building their new country," he wrote...he said:..."You have dozens of islands which are deserted and could accommodate hundreds of thousands of refugees."...the "main thing is investment in infrastructure"..."And if things improve, whoever wants to go back (to their homeland) goes back," said Sawiris,...
  • The week that was: George Soros and Tom Steyer take their lumps

    08/22/2015 3:30:10 PM PDT · by Twotone · 6 replies
    California Watchdog ^ | Aug. 21, 2015 | Rob Nikolewski
    Its been a bad week for billionaires and climate change activists Tom Steyer and George Soros. Soros is being labeled a hypocrite for making a $2 million investment in coal while Steyer is catching flak after an investigation by Associated Press revealed that a California proposition Steyer backed in 2012 has not translated into the green energy generation and jobs that were promised.
  • Trump says he's prepared to spend $1 billion on campaign

    08/15/2015 7:12:39 PM PDT · by TigerLikesRooster · 55 replies
    CNN ^ | August 16, 2015 | Eugene Scott
    Trump says he's prepared to spend $1 billion on campaign By Eugene Scott, CNN Updated 0202 GMT (0902 HKT) August 16, 2015 | Video Source: Des Moines, Iowa (CNN)Donald Trump said Saturday that he's prepared to spend $1 billion on his campaign if necessary. "It's irrelevant," he said when asked by CNN's Jeremy Diamond outside the Iowa State Fair on how much he has spent so far on his campaign. "I make $400 million a year, so what difference does it make? What I want to do is make the country great." Pressed again later in the afternoon if he...
  • Clinton Foundation Quietly Revises Mexican Billionaire’s Donation

    08/12/2015 1:06:28 PM PDT · by SeekAndFind · 2 replies
    BizPac Review ^ | 08/12/2015 | BY: Lachlan Markay
    Hillary Clintons family foundation quietly updated its list of donors last week, significantly reducing the amount that it says has been given by a Mexican telecom tycoon whose company was recently accused of deceptive U.S. advertising. The little-noticed update to the website of the Bill, Hillary, and Chelsea Clinton Foundation added contributions made in the first half of this year. But it also dramatically reduced listed contributions from billionaire Carlos Slim. Prior to the update, Slim was listed as a $1 million to $5 million contributor. The updated version of the site says he has donated between $250,000 and $500,000....
  • Planned Parenthoods top 7 donors gave staggering $324 million in four years

    08/03/2015 10:10:26 AM PDT · by wagglebee · 34 replies
    LifeSiteNews ^ | 8/3/15 | Alatheia Larsen
    July 31, 2015 (NewsBusters) -- In response to a series of incriminating under-cover videos from The Center for Medical Progress about the major abortion provider, organizations have been cutting ties -- or denying ties -- to Planned Parenthood. But where nonprofits are concerned, tax records keep the story straight. Between 2010 and 2013, no fewer than 966 individual organizations donated to Planned Parenthood. Of those, 31 gave more than $1 million each during those four years, totaling $374,199,059. The seven highest donors made up $324.8 million of that. These largest Planned Parenthood donors include Warren Buffett, George Soros, Bill Gates, and others....
  • The Revolt Against the Ruling Class

    08/02/2015 5:54:55 PM PDT · by Mariner · 28 replies
    The Huffington Post ^ | August 2nd, 2015 | Robert Reich (yes, that one)
    "He can't possibly win the nomination," is the phrase heard most often when Washington insiders mention either Donald Trump or Bernie Sanders. Yet as enthusiasm for the bombastic billionaire and the socialist senior continues to build within each party, the political establishment is mystified. They don't understand that the biggest political phenomenon in America today is a revolt against the "ruling class" of insiders that have dominated Washington for more than three decades. In two very different ways, Trump and Sanders are agents of this revolt. I'll explain the two ways in a moment. Don't confuse this for the public's...
  • Meet the GOP $5 million donor club

    07/31/2015 9:13:57 PM PDT · by 2ndDivisionVet · 9 replies
    KBZK-TV ^ | July 31, 2015 | Theodore Schleifer CNN
    In 2012, six Republicans gave $5 million or more over the course of the entire presidential campaign. For 2016, nine Republicans gave $5 million or more in the first six months. Donors can contribute unlimited amounts to candidates' super PACs, and they have. Here are the nine Republicans who you need to know as their donations shape the primaries. Dan and Farris Wilks: $15 million The billionaire brothers made their fortunes in fracking, and along with their wives, are sending $15 million to boost fellow Texans Ted Cruz's presidential campaign. Robert Mercer: $11.3 million Mercer, a reclusive hedge funder from...
  • First on CNN: Billionaire brothers give Cruz super PAC $15 million

    07/25/2015 9:42:23 AM PDT · by Isara · 75 replies
    CNN ^ | Sat July 25, 2015 | Theodore Schleifer
    Two low-profile Texas brothers have donated $15 million to support Sen. Ted Cruz, a record-setting contribution that amounts to the largest known donation so far in the 2016 presidential campaign. Farris and Dan Wilks, billionaires who made their fortunes in the West Texas fracking boom, have given $15 million of the $38 million that the pro-Cruz super PAC, Keep the Promise, will disclose in election filings next week, according to sources outside the super PAC with knowledge of the giving. The siblings earned their riches with the sale of their company Frac Tech for $3.5 billion in 2011, and since...
  • Mark Cuban: Donald Trump's billions might not be real

    07/21/2015 10:55:19 PM PDT · by 2ndDivisionVet · 34 replies
    Fox Spotrts Digital's Yardbarker ^ | July 21, 2015 | Larry Brown
    Mark Cuban has had beef with Donald Trump for a while, and he decided to reignite his issues with the businessman once again. In some thoughts shared on the Cyberdust app for which he is a chief investor, Cuban questioned the legitimacy of Trumps 2016 presidential bid. Cuban, who owns the Dallas Mavericks and whose net worth is estimated to be north of $3.5 billion, postured that Trump might not have the funds to make a legitimate push for presidency. His theory is based on the difference between theoretical net worth and actual cash assets. Here is what he posted:...
  • Donald Trump Says He'll Spend 'What It Takes' To Win

    07/16/2015 9:46:39 PM PDT · by 2ndDivisionVet · 157 replies
    The Huffington Post's Entertainment ^ | July 17, 2015 | Scott Conroy
    LACONIA, N.H. -- How much is of his personal fortune is Donald Trump willing to drop on his 2016 presidential campaign? Whatever it takes to come out on top, he told The Huffington Post on Thursday. You saw my statement yesterday, so its pretty irrelevant, Trump said, alluding to a press release in which his campaign placed his net worth in excess of $10 billion. Ill do what I have to do. Trump has already contributed at least $1.8 million of his own money to his nascent White House bid, which he launched last month, but that may be only...
  • Saudi prince giving away his money buying immortality for the Democrats?

    07/05/2015 6:59:53 AM PDT · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 07/05/15 | Judi McLeod
    From dwarves to Dems: There should be no big mystery as to why Alwaleed bin Talal, the Saudi prince Bill Gates talked into giving away all his money to charity, is dumping his riches. No ones given away all of his money since the last saint more than 2000 years ago. Charity is no longer as conventional as it once was. In the case of the notorious Clinton Foundation, charity eloped with power and has never been the same. Is Prince bin Talal, whose $32 billion fortune makes it possible, about to buy immortality for the Democrats? Now that Barack...
  • Cruz Summons Top Donors to Colorado Springs

    07/01/2015 4:37:08 PM PDT · by SoConPubbie · 9 replies
    National Review ^ | June 25, 2015 2:32 PM | ELIANA JOHNSON
    Texas senator Ted Cruz is summoning the biggest donors to his presidential campaign to Colorado Springs in mid-July. Cruz and his top bundlers those who, according to a top campaign aide, have met or exceeded their finance goals by raising a minimum of $100,000 will convene at The Broadmoor, the five-star resort owned by the conservative billionaire Philip Anschutz. The Colorado event, which will run from July 10-12, will serve as an opportunity for the campaign to update its top donors on the state of the race and to ask them to redouble their efforts on Cruzs behalf....
  • Saudi prince announces he will give his entire $32BILLION fortune

    07/01/2015 12:53:28 PM PDT · by the scotsman · 20 replies
    Daily Mail ^ | 1st July 2015 | Lydia Willgress
    'A Saudi Arabian billionaire is planning on giving his entire $32billion (20bn) fortune to charity. Prince Alwaleed bin Talal, one of the richest men in the world, said he wants to donate to groups that promote health and help with disaster relief. The 60-year-old will also support women's charities and those that look towards eradicating disease. He did not say whether the generous move would have any impact on his holdings. Mr bin Talal is the grandson of Saudi Arabia's founder Ibn Saud. He is said to have started his business empire with a $30,000 (19,000) gift from his father...
  • Trump to declare $9 billion in assets as he announces 2016 plans

    06/16/2015 8:54:32 AM PDT · by entropy12 · 34 replies
    Market Watch ^ | June 16, 2015 | Robert Schroeder
    Businessman and reality television star Donald Trump will announce his 2016 intentions on Tuesday at a Manhattan skyscraper that bears his name. The Associated Press writes that if Trump, a Republican, decides to run for president, he would be required to release a personal financial disclosure that would reveal intimate details about his personal finances. And Trump is ready to do so. The AP said Trump will share details about his finances that reveal a net worth of $9 billion. The financial disclosure was thought to be the final obstacle blocking Trump from launching a 2016 campaign. Trumps announcement is...
  • Kirk Kerkorian, once L.A.'s richest man, dies at 98

    06/16/2015 8:57:50 AM PDT · by Borges · 22 replies
    LA Times ^ | 6/16/2015 | DAVID STREITFELD
    Kirk Kerkorian, an eighth-grade dropout who traded his way to a $15-billion fortune and for a time was the richest person in Los Angeles, has died. He was 98. Kerkorians death was confirmed Tuesday by Anthony Mandekic, the CEO of Kerkorians company, Tracinda Corp. Kerkorian died Monday evening at his home in Beverly Hills.
  • World's Wealthiest Donate Billions Through the 'Giving Pledge'

    05/31/2015 1:20:24 PM PDT · by EveningStar · 20 replies
    ABC News ^ | May 31, 2015 | Ben Siegel
    How do Warren Buffett and Bill Gates convince the world's wealthiest people to give away most of their fortunes? The billionaires have organized the "Giving Pledge, an initiative launched five years ago to convince others to donate at least half of their wealth to charitable causes around the world.
  • China gets a new billionaire every week: Wealthy Chinese are getting even richer really fast.

    05/26/2015 10:03:17 PM PDT · by 2ndDivisionVet · 28 replies
    CNN Money ^ | May 26, 2015 | Sophia Yan
    A new billionaire was created almost every week in China in the first quarter of 2015, according to a report by UBS and PricewaterhouseCoopers. Wealth creation is booming for the Chinese -- supported by strong economic growth and robust capital markets -- and it's all happened in the last 15 years, said Francis Liu, a managing director at UBS Wealth Management. They're primarily pulling in the big bucks from real estate, technology, healthcare and other consumer industries, he said. In 2014, there were about 200 billionaires in China, versus 570 in the U.S., according to UBS. Chinese billionaires are also...
  • George Soros' Son Makes Out With New 29-Yr-Old Girlfriend In Front Of Wife (8 HOUR flight)

    05/14/2015 12:48:23 PM PDT · by drewh · 60 replies
    The London Daily Mail ^ | 13:06 EST, 14 May 2015 | By ASHLEY COLLMAN FOR DAILYMAIL.COM
    One thing billionaire George Soros and his 51-year-old son Robert appear to share is an interest in much-younger women. On a flight back from the Venice Biennale to New York on Sunday, Robert was seen making out with his new 29-year-old girlfriend Jamie Singer throughout most of the flight, in front of his soon-to-be ex-wife who was seated just a few rows back, according to the New York Post. Robert's father George Soros, the 84-year-old Hungarian-American business magnate, married a woman exactly half his age in a lavish ceremony two years agoRobert, who serves as the president of the family's...
  • California Has More Billionaires Than Every Country Except The U.S. And China

    05/03/2015 4:21:38 AM PDT · by dennisw · 18 replies
    forbes. ^ | 3/04/2015
    `California is still the place to go to strike gold. The state spawned 23 new billionaires over the past year, bringing its total count to 131 or nearly a quarter of Americas 10-digit club. It not only has more billionaires than any other U.S. state, but also tops Germany, India, Russia and the UK. In fact, if California were a country, it would be home to the third-highest number of billionaires in the world, surpassed only by the United States (which has 541) and China (which has 223). Californias billionaires own a combined $560.1 billion in wealth, which is...
  • Bernie Sanders Vows to Take on Billionaires But Which Ones?

    05/02/2015 3:40:03 AM PDT · by IBD editorial writer · 31 replies
    Investor's Business Daily ^ | 05/01/2015 | John Merline
    When running for office in 2012, President Obama frequently inveighed against "millionaires and billionaires" who don't pay their fair share of taxes. Sen. Bernie Sanders, a self-described socialist arguably to the left of Obama who plans to run for president in 2016, wants to narrow his focus to just billionaires.
  • Oligarchs for Hillary!

    04/26/2015 12:44:16 PM PDT · by Twotone · 22 replies
    Mark Steyn On-line ^ | April 20, 2015 | Mark Steyn
    For me, the issue this US election season is the corruption. Sure, I'd like a balanced budget and less debt and repeal of Obamacare, but I'm getting used to being sold out on those issues. So I'm down to the bare minimum requirement for a politician: The corruption nauseates me, and, if it doesn't nauseate the candidates, then that explains a lot about why nothing happens on any of those other matters. It's in the air, it's in my nostrils, and I'm sick of choking on it. We have a "justice" department that prosecutes a senator who made the mistake...
  • REPORT: This billionaire hedge funder is quietly bankrolling Ted Cruz's campaign

    04/11/2015 1:24:25 PM PDT · by SoConPubbie · 54 replies
    Business Insider ^ | April 11, 2015 | Colin Campbell
    <p>Hedge fund magnate Robert Mercer, a reported billionaire, is the "main donor" bankrolling the super PACs supportingSen. Ted Cruz's (R-Texas) presidential campaign, The New York Times reported Friday.</p> <p>According to The Times,Mercer, "a reclusive Long Islander who started I.B.M. and made his fortune using computer patterns to outsmart the stock market, emerged this week as a key bankroller of Cruz's "surprisingly fast campaign start."</p>
  • Where The Top 0.002% Of The World Live [See Map]

    03/16/2015 12:33:57 PM PDT · by SeekAndFind · 24 replies
    Zero Hedge ^ | 03/16/2015 | Tyler Durden
    Weve talked quite a bit in the past about the foreign oligarch demand-driven boom in Manhattan real estate prices and the dollar strength-induced bust in the market for luxury Miami condos. As the dollar continues to surge and signs emerge that the hot money laundering trade may be waning, here are some clues as to where the 0.002 percenters of the world can be found going forward.Mapping the number of people with $30 million or more in assets by city...and the breakdown looks like thisMore from Citylab: Things have changed since the last edition of the report. Now London...
  • Billionaires Ken Griffin, Pritzkers part of $1.3M cash dump to Emanuel campaign ( Chicago politics )

    03/09/2015 5:47:58 PM PDT · by george76 · 15 replies
    Chicago Sun Times ^ | 03/09/2015 | Natasha Korecki
    Over three days, some of the wealthiest people in Chicago, if not the nation, dumped more than $1.3 million into the political re-election campaign of Chicago Mayor Rahm Emanuel.. Among the donors was Citadel founder and billionaire Ken Griffin, who donated $250,000 to Emanuel. The mayor is battling to keep his seat against a surging Cook County Commissioner Jesus Chuy Garcia. Others who donated from March 3 to March 6 include: Groupon co-founder Eric Lefkofsky, $200,000; Richard Melman, $100,000; and Jay B. Pritzker and M.K. Pritzker, who tossed in $50,000 each. Garcia recently took in a a $250,000 contribution from...
  • Liberal billionaire gears up for statewide $16 minimum wage push in 2016

    03/09/2015 4:25:54 PM PDT · by Baynative · 78 replies
    Shift WA ^ | March 9, 2015 | Staff
    Were building a new way of governing the state. Olympias not doing anything, so the power is shifting from Olympia to people like me. Seattle billionaire, Democrat financier and far-left activist Nick Hanauer.
  • This Billionaire Governor Taxed the Rich and Increased the Minimum Wage -- Now, His State's Economy

    02/28/2015 6:10:04 PM PST · by SendShaqtoIraq · 59 replies
    Huffington Post ^ | 02/28/15 | Carl Gibson
    "Minnesota's Governor raised the minimum wage, signed an equal pay act, and raised taxes on the rich to fund K-12 schools and higher education. Minnesota now has the 5th highest job growth in the nation and median income is $8,000 higher than the national average. By contrast, Governor Walker in the neighboring state of Wisconsin did the opposite: he gave the rich $2.1 billion in tax breaks, busted unions, and cut school funding more than any governor. Wisconsin now ranks 37th for job growth, median income is $800 below the national average, and the budget deficit is so large Walker...
  • Billionaire Tells Americans to Prepare For 'Financial Ruin'

    02/26/2015 11:05:29 AM PST · by Ghost of SVR4 · 24 replies
    NewsMax ^ | Feb 25 2015 | Newsmax Wires
    In a recent interview for his book Aftershock, Wiedemer says, The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting as soon as next year. When the host questioned such wild claims, Wiedemer unapologetically displayed shocking charts backing up his allegations, and then ended his argument with, You see, the medicine will become the poison. The interview has become a wake-up call for those unprepared (or unwilling) to acknowledge an ugly truth: The countrys financial rescue devised in Washington has failed miserably.
  • Billionaires Dumping Stocks, Economist Knows Why

    02/26/2015 12:18:13 PM PST · by Citizen Zed · 52 replies
    newsmax ^ | 2-26-2015
    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. Buffetts holding company, Berkshire Hathaway, has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced its overall stake in consumer product stocks by 21%. Berkshire Hathaway also sold...
  • The Bill,Hillary,Chelsea,and His Royal Highness King Salman of Saudi Arabia Clinton Foundation

    02/21/2015 4:12:53 AM PST · by Cincinatus' Wife · 13 replies
    The National Review Online ^ | February 21, 2015 | Matthew Continetti
    The Wall Street Journal reported this past week that the Bill, Hillary, and Chelsea Clinton Foundation has quietly dropped its ban on foreign contributions and is accepting donations from the governments of the United Arab Emirates, Saudi Arabia, Oman, Australia, Germany, and a Canadian government agency promoting the Keystone XL pipeline. The Journals conclusion: Since 2001 the foundation has raised at least $48 million from overseas governments. Needless to say, the gargantuan troll-like conflict of interest that arises as soon as the foundation of the leading candidate for the presidency of the United States begins accepting money from overseas is...
  • How the grandson of a leading Communist became the largest foreign capitalist in Russia, lost it all

    02/02/2015 1:08:08 PM PST · by fredericbastiat1 · 9 replies
    TheBlaze Books ^ | 2015-02-02 | Benjamin Weingarten
    Bill Browder rose from rebellious grandson of the former head of the Communist Party USA, Earl Browder, to the leading foreign capitalist in Russia, as the founder and CEO of the high-flying hedge fund Hermitage Capital Management. But his rise was matched by a brutal and deadly fall, in which the Russian government would steal and destroy Browders company, and physically threaten its employees, culminating in the imprisonment, torture and death of Browders lawyer Sergei Magnitsky the man for whom on account of Browders lobbying, the Magnitsky Act was named. Browder and a deceased Magnitsky would both be convicted...
  • Bill Clinton, Mick Jagger, Donald Trump & Bloomberg In Black Book Of Sex Abuser Jeffrey Epstein

    01/06/2015 3:32:51 PM PST · by drewh · 52 replies
    Daily Mail UK ^ | 11:55 EST, 6 January 2015
    Jeffrey Epstein, the billionaire child abuser friend of Prince Andrew , cultivated an extraordinary range of contacts - from President Bill Clinton to Mick Jagger - it is revealed today. Court documents obtained by MailOnline disclose how Epstein kept multiple phone numbers, email and home addresses for the great and the good on both sides of the Atlantic. The document was presented as an exhibit as lawyers sought a court's permission to take evidence from Bill Clinton and his staff, for whom Epstein had 21 numbers, all under the name of his former advisor Doug Band. Epstein also had multiple...
  • Guess Who Spent The Most Money in the 2014 Midterms? Liberal Billionaires

    12/30/2014 9:13:45 AM PST · by Servant of the Cross · 8 replies
    Townhall.com ^ | 12/30/2014 | Katie Pavlich
    With as many times as outgoing Majority Leader Harry Reid mentioned the Koch brothers in Senate floor speeches this year, you'd think that they were the ones who spent the most money during the 2014 midterm elections. Think again. Out of all the billionaires who donated money to causes or campaigns for the midterms, the top two were Democrats and they outspent everyone else on the list, combined. David Koch isn't even near the top. More from POLITICO: Billionaire Tom Steyer's pet issue is global warming. With the amount of money Steyer spent, a whopping $74.3 million, and the results...
  • Warren Buffett, Reluctant PAC Man, Is Ready for Hillary [link only]

    12/05/2014 5:54:06 AM PST · by C19fan · 3 replies
    Bloomberg [Link Only] | December 4, 2014 | Lisa Lerer
    link only: http://www.bloomberg.com/politics/articles/2014-12-04/warren-buffett-bets-big-on-hillary-clinton
  • Christies billionaire booster: Home Depot founder Langones fundraising is powerful weapon

    12/04/2014 6:46:18 PM PST · by Coleus · 4 replies
    bergen record ^ | November 22, 2014 | MELISSA HAYES
    If Governor Christie does decide to run for president, hes already locked up one of the most prolific fundraisers in Republican presidential politics. Ken Langone, 79, is the billionaire founder of Home Depot whose willingness to back Christie for president not only creates the possibility of millions of dollars in donations but also the potential to block possible rivals by keeping them from adding this powerful ally. Ill do everything I can do to help get him elected, Langone said in a recent interview. Whatever he asks me to do, Ill do. Im particularly good at fundraising, so I suspect...
  • Will GOP billionaire Sheldon Adelson bankroll Mike Huckabee in 2016?

    10/26/2014 9:32:35 PM PDT · by 2ndDivisionVet · 18 replies
    Salon ^ | October 23, 2014 | Luke Brinker
    The casino magnate and big Gingrich booster in 2012 may have his eyes on a new candidate in 2016. Billionaire casino magnate Sheldon Adelson and his wife Miriam spent an astonishing $98 million trying to elect conservative candidates during the 2012 election cycle. The Adelsons threw more than a fifth of that total at Winning our Future, a super PAC supporting GOP presidential hopeful Newt Gingrich. We all know how Gingrichs primary campaign against Mitt Romney turned out, but the Adelsons contributions kept Gingrichs campaign afloat far longer than the former House Speaker would otherwise have survived. With potential candidates...
  • Nelson Bunker Hunt, R.I.P.: The Myth of the Hunt Brothers' "Scheme to Corner the Silver Market"

    10/23/2014 4:49:44 PM PDT · by VitacoreVision · 8 replies
    The New American ^ | 23 October 2014 | William F. Jasper
    Contrary to popular myth, Bunker Hunt didn't try to corner the silver market; he and his brother were the main victims in one of history's biggest swindles. Nelson Bunker Hunt, R.I.P.: The Myth of the Hunt Brothers' "Scheme to Corner the Silver Market" 23 October 2014 Nelson Bunker Hunt, oil fortune heir whose bid to corner the silver market led to ruin, dies. So ran the headline of the Associated Press report, as it appeared in the U.S. News & World Report online edition for October 22. Similar headlines accompanied many other obituaries of the famous Texas investor/entrepreneur, and if...