• Net Worth

    Los Angeles Couple Makes $85 Million Bet On LA Schools

    There's a line in the song "You Might Die Trying" from the Dave Matthews Band that says: "When you give, you begin to live." This is a statement that Melanie and Richard Lundquist can relate to. The Lundquists are philanthropists from the wealthy Los Angeles suburb of Palos Verde Estates. A decade ago, they pledged $50 million to schools in the most impoverished Los Angeles neighborhoods. Every year, they wrote a check for $5 million to fund teacher development training, campus improvements, and additional resources. The Lundquists have just renewed their commitment to the LAUSD by signing up for another ...

    9029
  • Net Worth

    Charitable Giving In The U.S. In 2017 Was Bigger Than The GDP Of Ireland

    The United States' charitable giving last year totaled more than $400 billion for the first time. Giving is up thanks to massive donations from billionaires and a surging stock market. The total amount donated by individuals, foundations, corporations, and estates came out to about $410 billion in 2017. That's more than the gross domestic product of Ireland! Total donations for 2017 were up 5.2% from 2016's $389.64 billion. It is heartwarming to see that in a time of great political and societal divisiveness, Americans' commitment to philanthropy remains strong.Donations increased in eight of the nine charitable sectors that Giving USA ...

    9029
  • Net Worth

    The 20 Highest-Paid Athletes Of The Year

    Professional athletes are making more money that ever thanks to television contracts. The NBA gets the biggest benefit from this. The league's $24 billion TV contract is triple the amount of the last contract. Of course, while the NBA is big business in the U.S., soccer is a global phenomenon and the three highest paid soccer players all made more than the highest paid basketball player. LeBron James is the highest paid basketball player with $85.5 million. He is the sixth highest paid athlete.Floyd Mayweather is the highest paid athlete of the year for the fourth time in seven years. ...

    9029
  • Net Worth

    10 Books For Your Summer Reading List, Recommended By Bill Gates

    If reading the same books as one of our billionaire idols can make us a bit smarter, then we'll do it! It is a well known fact that Bill Gates loves to read. He reads about 50 books every year and writes about those books and his thoughts on them on his blog Gates Notes. He reads a wide range of books from fiction to historical works to memoirs. The following 10 books have all been picked from the past few years of Gates' summer reading lists. If you're looking to be inspired and learn something, pick up one or ...

    9029
  • Net Worth

    John McCain Net Worth: A Look At The Life And Fortune Of The Senator And War Hero

    Senator John McCain has been at home in Arizona for months battling what is reported to be the end stages of an aggressive brain cancer. He's been spending time at the ranch he and his wife Cindy own in beautiful Sedona, Arizona. Visitors have been flocking to the ranch to spend time with, and pay their respects to, the well regarded politician. In a touching moment, a visit from Joe Biden showcased the bipartisan nature both men have nearly always displayed in their careers.Senator McCain's new memoir, The Restless Wave was released recently. Many know the 81-year-old as the 2008 ...

    9029
  • Net Worth

    These Three Athletes Have Earned More Than $1 Billion From Salary, Endorsements, And Investments

    Despite all the money that some professional athletes make, it can be very hard to reach billionaire status. After all, it usually requires a combination of salary, endorsement deals, and shrewd investments. It's not an easy milestone. In fact, only three athletes ever have reached billionaire status. And they've all had dominant runs in their respective sports. Check out the trio below.Michael Jordan – $1.8 BillionPerhaps the most impressive part of Michael Jordan's net worth is that so little of it comes from his actual oncourt salary. In 15 seasons, he brought home $93,285,000. In fact, aside from his two final ...

    9029
  • Net Worth

    Kevin Durant Has Investments In 16 Companies – Here's What He's Learned

    While winning a championship was a major priority for Kevin Durant, there was another reason he chose to leave Oklahoma City in favor of the Bay Area: investment potential. It's a lot easier to schedule a face-to-face meeting in Silicon Valley when you live in the area. Durant has taken full advantage of his surroundings, investing in multiple startups and established companies.In total, Durant now has a piece of 16 different businesses through his company, the cleverly named Durant Company. His portfolio includes the delivery service Postmates, Arianna Huffington's Thrive Global, and LimeBike, a scooter startup. He's learned some lessons ...

    9029
  • Net Worth

    Dr. Dre Facing $100M Beats Headphones Lawsuit

    Entrepreneur Steven Lamar has a real problem with Beats by Dre business partners Dr. Dre and Jimmy Iovine, and says he's owed more than $100 million in royalties from sales of the hugely popular headphones and other audio accessories under the Beats Electronics brand. Now, The Hollywood Reporter has the story that Lamar's lawsuit has now made it into court.The crux of the case is that in 2006, Lamar approached Dre and Iovine with the idea to release a line of signature headphones, with designs by "renowned industrial designer" Robert Brunner. The three struck a deal, but it went sour soon after, with Dre and ...

    9029
  • Net Worth

    Roger Federer Is Likely To End His $7.5M Nike Contract To Make Almost 3 Times That With Uniqlo

    Tennis star and 20-time Grand Slam champ Roger Federer is reported to be the highest-earning athlete in his chosen sport, but The Times reports that he could be on the cusp of earning even more. His endorsement deal with Nike, worth around $7.5 million a year, ended several months ago, and even though he hasn't renewed his contract or found a new clothing brand to sponsor, he's said to be eyeing a contract with Uniqlo that could be worth almost three times as much as what he was making with Nike.Despite the tantalizing prospect of a $22 million a year deal with ...

    9029
  • Net Worth

    Koch Brothers Break With GOP, Launch Campaign To Oppose Trump's Tariffs

    The political network backed by billionaire industrialists Charles and David Koch, has unveiled a multi-year, multi-million dollar plan to oppose the tariffs on imported steel and aluminum implemented by President Donald Trump and his administration. The tariffs target key allies of the U.S. in Canada, Mexico, and Europe. They were apparently the last straw for the Koch brothers. Their network has always supported conservative causes and the Republican party. The group is moving ahead with the campaign that will include lobbying, activist education, media buys, and policy analysis. The Koch network groups Americans for Prosperity, Freedom Partners, and Libre Initiative ...

    9029
  • Net Worth

    Microsoft Acquisition Makes Billionaires Out Of GitHub Founders

    Microsoft announced last week that it was buying the software development platform GitHub for $7.5 billion in stock – making its founders instant billionaires. As the largest shareholder, GitHub co-founder and CEO Chris Wanstrath will receive at least $1.5 billion in Microsoft stock. Co-founders Tom Preston-Werner will receive $1.25 billion in stock and PJ Hyett will get close to $1 billion.GitHub was founded in 2008 as a means of creating collaboration between software developers. Over the years it grew into one of the largest repositories of code in the world. Microsoft released a statement saying: "More than 28 million developers ...

    9029
  • Net Worth

    Ivanka Trump And Jared Kushner Made A Ton Of Money Last Year

    Jared Kushner and Ivanka Trump are unpaid senior White House advisors. They are unpaid. But don't worry too much about their finances! They don't have to worry about not bringing in any cash to pay for lunche. This power couple made $82 million in outside income between April 2017 and June 2018. The White House released filings earlier this week that show the couple's assets grew between 2016 and 2017. Last year, they had between $229 million and $786 million in assets, up from their 2016 reported assets of between $203 million and $740 million.Ivanka and Jared brought in their ...

    9029
  • Net Worth

    LeBron James Earned $33 Million This Season…But He Only Received Half Of It

    It's good to be the King. LeBron James, fresh off of his eighth straight appearance in the NBA Finals, is still one of the top names in the sport. All eyes will be on him as NBA free agency gets underway in a few weeks. Will he stay in Cleveland? Will he hop over to an Eastern Conference rival like the Sixers or Celtics? Will he finally head out west and join an L.A. team or the Rockets or Spurs?We don't know LeBron's decision just yet, but we do know one thing: he's going to lose a lot of the ...

    9029
  • Net Worth

    Crypto Millionaire John McAfee Announces 2020 Presidential Run

    Cryptocurrency millionaire John McAfee is ignoring recent history's lessons in what can happen when you run for president as a publicity stunt, and announcing a presidential run in the quickly approaching 2020 campaign. His particular cause, naturally, is cryptocurrency, and in his campaign announcement on Twitter he explained his reasons for throwing his hat in the ring once again:"In spite of past refusals, I have decided to again run for POTUS in 2020. If asked again by the Libertarian party, I will run with them. If not, I will create my own party. I believe this will best serve the ...

    9029
  • Net Worth

    Cleveland Cavaliers Owner Dan Gilbert Is Investing $5 Billion Into Downtown Detroit

    Dan Gilbert is best known as the owner of the Cleveland Cavaliers. But he actually got his start in Michigan, founding Quicken Loans, the largest mortgage lending company in America. Quicken Loans turned Gilbert into a billionaire. And now, he's looking to revitalize the city that got him to where he is today.Gilbert created Rock Ventures, which runs all of his real estate via a company called Bedrock. By Gilbert's estimate, he's involved with at least 100 companies in downtown Detroit, pouring in $3.5 billion into the area already. Bedrock has another $2.1 billion invested in ongoing projects.All of Gilbert's ...

    9029

Celebrity News

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

SUBSCRIBE

quotes

Everyone went outside to smoke cloves and bitch about having to stay after for the State.

Jon Stewart on events following Charles — January 19, 1999