Forbes has released their list of the richest people in America. They said: “Five years after the financial crisis sent the fortunes of many in the U.S. and around the world tumbling, the wealthiest as a group have finally gained back all that they lost.” Guess who’s on top. Go ahead, guess
Jacob Zuma’s nephew, Khulubuse, and a business partner chartered a jet for R2,5 million to fetch R50 million in gold bars from Conakry, the capital of Guinea. However, on their return they found the “99.9% pure gold bars” were nothing more than copper and zinc knock-offs worth about R7,000. Eish.
Floyd ‘Money’ Mayweather was victorious in his much anticipated fight this past weekend against Canelo Alvarez. Not only is he undefeated, but he is stinking rich and wants you to know how much money he has. It’s more than you can imagine. Check out this video of him counting $1 million on his private jet.
Craft beer has made it’s first billionaire, and it’s Samuel Adams founder, Jim Koch. With the sales of Boston Beer doubling in the past year, the company is now the second largest American brewery. What’s even more amazing, is that these record sales happened at a time when the total beer sales in America fell two per cent. Not bad.
If you are in the market for a boat, listen up, Rupert Murdoch is selling his yacht, and it could be yours for R300 million! Check out these photos of ‘Rosehearty’
The 34th America’s Cup finals are set to start on Sept. 7. The defending champions, Oracle Team USA (lead by Oracle founder Larry Ellison), will take on Emirates Team New Zealand. These teams have spent more than $100 million each, building the fastest sailboats the race has ever seen, the AC72.
Everyone has heard of the ultra exclusive American Express Black card. Have you ever wondered how you can get your hands on one? Actually called the American Express Centurion Black card, it is available to users by invitation only. Now listen to this..
Mr. Tloubatla successfully outbid several others to land the half-built house for a little over a million under its estimated worth. Super excited as he was he slapped down a R1 million deposit and started looking forward to a lavish lifestyle living in the mansion. Too bad he didn’t talk to his financial manager about it first. Four months after he won the bid he’s had to cancel it and forfeit the deposit due to lack of funds.
In the past, poverty has been blamed on the individual’s bad decisions, lack of motivation and personal issues. However, this study suggests its all got to do with the situation they’re in. Poverty leads to bad decisions, which leads to more poverty.
eToro gives you the opportunity to cut your teeth in the world of stock trading by following and copying the trades of the users with the best results. And if you get to the point where you’re really good, you might find that thousands of people begin copying your trades
Australian surf brand, Billabong, has declared its flagship brand value to be zero. Four other brands the company now also values at nothing are: Element, Palmers, Beachculture and Amazon.
The Rand is getting whipped like a red-headed stepchild, right now. Overnight the Rand tumbled to a four year low against the US dollar. Don’t even look at the Euro exchange rate. It’ll tingle your loins.
Madonna has topped the latest celebrity earnings list, which has raised more than a few pairs of eyebrows considering that her latest album flopped. So how did she make a whopping $125 million between June 2012 and June 2013 you ask?
Simon Cowell has been joined by his baby mama in St. Tropez, and the two have been putting on quite a show with their over the top PDA. This must be a slap in the face to Lauren’s now ex-husband, and Simon’s now ex-friend, Andrew Silverman. We gotta hand it to them, they look happy. […]
Trump University promised its students they would receive “individual instruction until they made their first deal.” Instead, all they got was a picture taken in front of a life-sized cardboard cut-out of the floppy haired Apprentice star, and thousands of dollars of debt resting uncomfortably on their shoulders.
The man who lost $550 million when he bought and sold MySpace is chasing the younger, edgier crowd again. This time, Rupert Murdoch has purchased a 5% stake in Vice Media for $70 million. And this time, we think he’s got a winner!
Agang party leader, Dr Mamphela Ramphele has released a statement outline her financial net worth and annual income in what the party is calling a bid to promote transparency and accountability in South African politics. The official Agang twitter account tweeted the following on Wednesday morning:
Jacobus Petrus “Koos” Bekker, the man responsible for taking over De Nasionale Pers (the publishing company that brought us Die Burger, now known as Naspers Ltd.) in 1997 hit a landmark this year – he has become a billionaire. Kate Turner-Smith, BPI Africa Capital analyst said that when Bekker took control of the group he immediately began […]
Gisele Bündchen is currently enjoying pole position on the anual earning’s list for models for the seventh year in a row. Bündchen earned $42 million this year, seven times as much as second-place Miranda Kerr. That’s a hefty sum, but it’s also $3 million less than last year for the Brazilian, which is exactly the same figure by which Kerr’s earnings improved from last year.
What’s the most you’ve ever spent on an app? We’ve all dabbled in the purchase of $0,99 apps, sometimes even venturing to buy a newly released, $9,99 app on special occasions. Want to know what the 16 most expensive apps are? They will put your $9,99 purchase to shame.
Dread Pirate Roberts, creator and owner of the Silk Road online drug-buying portal has completed an anonymous interview with Forbes about his growing enterprise. The Silk Road is a website where one can acquire heroin, methamphetamine, crack, cocaine, LSD, ecstasy and an insane number of marijuana varieties. Payment is possible via BitCoin.
Some rich guy (or girl) just purchased a super rare 1967 Ferrari for $27,5 million (R279,034,843.84) and set a world record! The Ferrari 275 GTB/4*S N.A.R.T. Spider was sold on Saturday night in Monterey, California, and makes it the most expensive road car ever sold at an auction.
Cha Ching! The distant family of Huguette Clark, are in talks to secure a portion of her R3 billion fortune. Huguette was the youngest daughter of former US Senator William Andrews Clark. He was one of the copper kings of Montana, a railroad builder and – get this – the founder of Las Vegas! You can imagine how much money this man had…
The state of New York will set the tone for the US government’s official relationship with virtual currency, Bitcoin when the New York State Department of Financial Services meets every major Bitcoin player in court. Shortly after a federal judge recently ruled that Bitcoin is real money, 22 digital-currency companies and investors have been subpoenaed by […]
Mail & Guardian has detailed their investigation into what could be this country’s largest fraud scheme. Jeff Wiggill and Andy Bertulis are reportedly the men behind the fraud at First Strut which has been going on for more than two decades.
And it will be split three ways. Which means at least three people will be practicing their jetski back flips for the rest of their lives. Two of the three Powerball winners were from New Jersey, and one in Minnesota. Because three tickets matched all six numbers, Powerball officials said the three winners would split […]
Civil action case against Trendon Shavers and his company Bitcoin Savings and Trust for running a Ponzi scheme has in an American Judge ruling Bitcoin can be used as real money.
Almost everyone on this list has already made sizeable personal fortunes with online ventures, but some of them, like Heunis and Apteker seem to be biding their time. With internet commerce projected to be one of the fastest growing African industries in the next 10 years, these are 10 people who have the expertise and the industry know-how to exploit an African internet boom.
Nigeria has the second-highest gross domestic profit of any African nation. A fountain of oil produces 2,5 million barrels of oil every day, and the nation’s wealthy have more money than you can fathom. And it stands to reason that there is a healthy sprinkling of extrovert personalities within the ranks of the country’s elite. And when they get married, they get married, hard.
Sure, you have a handle on who the biggest stars in the world are right now, but you probably have no idea who the wealthiest women in music right now are. No seriously. In this top 7 list you’ll find no Beyonce, no Lady Gaga, no Adele, no Rihanna, no Katy Perry, no Nicki Minaj, no Taylor Swift… So obviously they’re all old-timers, right? Wrong. A youngster tops the list.