Will a lottery win solve all your problems and make you happy? Its an age old question. Well, lucky for us, Princeton Professors Daniel Kahneman and Angus Deaton have put a lot of time and effort into researching this question, and have come up with an answer.
Evan Spiegel, Bobby Murphy and Reggie Brown were friends. They developed the unsuccessful app Future Freshman and then came Snapchat. The popular photo sharing app is cashing in for the boys but one, Brown has been left out of the $800 million pay day. His contributions are reportedly not worth any equity in the company.
A study has revealed that South Africa is the favoured country in Africa for millionaires. There are over 35,000 millionaires living in South Africa according to senior analyst at New World, Andrew Amoils.
Maria Sharapova has topped the earnings list in women’s sport for the last calendar year, earning $29 million (R285 million) from June 2012 to June 2013. This is Sharapova’s ninth year at the top of the list. Of her $29 million earnings, $6 million came from prize money, while $23 million was the fruit of endorsement deals.
Society is pretty quick to pin “retail therapy” tendencies exclusively on women, but a recent roundup of data profiling western men and women clearly indicates that your average modern man is almost as keen to drop a load of cash on a bad mood as his feminine counterpart, even if he is buying different things. Check it all out, below.
After the murder engineering firm First Tech’s chairperson Jefferey Wiggill almost two months ago, the company has been liquidated to service unpaid debts. Not only will the provisional liquidation affect the employees of the company’s subsidiaries but other companies indirectly associated with First Tech will be affected too.
Introducing Kyle Kandilian, the the Michigan-Dearborn University student that lives with about 200,000 cockroaches. According to Detroit Free Press, Kandilian has this hobby for two reasons. One is for fun and the other is to help him pay for his education. The 20-year-old has a room that’s stacked up with 130 varieties of roach that can be purchased […]
First Strut’s liquidation puts Sanlam and Investec’s money managers at risk. The company that supplied the mining, power and transport industries has been placed under liquidation.
The last big film that the sultry star partook in was The Tourist and that came out three years ago, but Angelina Jolie is still the highest-paid actress in Hollywood. The 38-year-old star has sprouted out into other roles in her industry – she has written and directed her first film, In The Land of Blood and […]
When an Indian maharajah crowned at a young age passed away (after the depression caused by his son’s death), his daughters were left with nothing near what they deserved. Instead of getting what they thought was there birthright fortune, they were given only a few dollars a month from the palace officials that they suspected to have […]
Erik Chevalier came up with a “nerd-approved” board game that he used to trick people into giving him money. The people who fell for the trap, ended up giving away over R1 million to a guy that was taking them for a ride. This is what The Doom That Came To Atlantic City was about: […]
In the latest celeb real estate news, Richard Gere has listed his North Haven home for a hefty R635 million. The 1902 Strongheart Manor is made up of 6,3 acres, two guest houses, an outdoor fireplace pavilion and dock. During Gere’s ownership, the estate has been expanded to include 12 bedrooms and over 1,115 square […]
The Odyssey Marine Exploration based in Tampa, Florida has made a heavy discovery. On Monday, the company that salvages deep-water shipwrecks, recovered over 61 tons of silver bullion from a World War II wreck. The SS Gairsoppa, which was British cargo ship, reportedly sank in February 1941. Greg Stemm, Odyssey’s chief executive officer: This was an extremely complex recovery which was […]
Is it possible to live with no money? German Heidemarie Schwermer has been doing exactly that for the past 16 years. Her penniless journey has been documented in the film ‘Living Without Money’.
Nure Bregu attacked slot machines with an axe after reportedly losing over R64,500 in two weeks. The normally quiet 47-year-old man calmly walked into the bar in italy and smashed the machines before calmly walking out again.
The Barbie you know and loved has had a slight make-over. Yes it does actually exist, the Goth Barbie is alive, kicking (figuratively speaking) and being sold more than any other doll in the world. These light skinned, tattooed and hair-dyed Barbies are from the collection called Monster High, designed by one of the world’s […]
Come yesterday, the South African wireless telecommunications provider Telkom is being charged with a doozy. According to Mail & Guardian, the group has to pay R200 million in administrative penalties. This is after the Competition Tribunal found evidence to substantiate that Telkom is abusing its power as the leader of telecoms facilities in the country. […]
Ever wondered what the cost of being an Avenger is? Well, it doesn’t come cheap, especially if you’re The Hulk. The infographic below shows everything you need to know about budgeting to be the comic book superhero. From his anger management sessions to his Yoga classes, it’s got it all, including the crazy inflation. Here […]
If gym isn’t the thing for you, then maybe you need to move to Dubai. According to Emirates 24/7, Dubai is testing the incentive theory. Will people lose weight, if they have something to gain…that isn’t fat? The city is offering, wait for it…two grams of solid gold, if they drop a casual two kilograms […]
Robert Downey Jr is the man of Hollywood with six of the movies he has starred in earning more than $500 million worldwide. He is gold and every studio wants him to be the star of their next movie but if they want the actor, they will have to pay up.
Chris Reynolds is a PayPal customer. He uses the payments and money transfers Internet brand to buy and sell products on eBay, namely vintage car parts. According to Mashable, the 56-year-old, from a small town called Media in Pensilvania got the biggest shock of his life on Friday when he received his monthly statement. The amount […]
The future Bill Gates is among us. Imagine being considered a millionaire before you’ve reached your 40’s? These strong-minded, young African entrepreneurs have gone with their gut and landed up in the category we all wish and dream about. Here they are, from Forbes itself, the African Millionaires to watch out for. Mohammed Dewji Country: Tanzania […]
Real Madrid has dominated European soccer with 32 La Liga titles and nine UEFA Champions League trophies. The football club has seen stars like Raul, Ronaldo, David Beckham, Zinedine Zidane and Christiano Ronaldo walk through doors.
Ever dreamt of playing video games for a living? There are actually some people in the world who do just that, and they make pretty good money too.
For those of you who have always dreamed of being Marvel’s Amazing Spiderman, you might have to come up with a cheaper wish. The price of being Spiderman does not come as cheap as it did in 1962.
A British woman who is part of a lottery syndicate at work lost out on millions as she was off sick from work with morning sickness. But she wants her share of the millions and has hired a solicitor.
With petrol prices increasing, consumers can feel that pinch in their wallets. This infographic developed by DirectAxis explains where South Africa stands in terms of petrol pricing and it also offers tips on how to make your petrol go further.
A security feature on some of the Mandela bank notes has been reported as defective. But the South African Reserve Bank is denying the bank notes may be faulty.
Author Vicky Oliver shares some tips on how to do exactly that in her book entitled, “The Millionaire’s Handbook: How to Look and Act like a Millionaire, Even if You’re Not”.
Donald Trump has made millions, lost them, and then made some more. The 67-year-old real estate developer currently lives with his former model wife, Melania and son Barron on top of the Trump Towers on Fifth Avenue. But what is the The Apprentice star worth?