• Net Worth

    Study Shows Neighbors Of Lottery Winners Go Broke, Too

    We've warned you about the dangers of winning the lottery before. Here. And Here. And Here. And Here. But now, a new study has shown that the close neighbors of lottery winners are going broke at an alarming rate. The reason? Trying to keep up with the proverbial Joneses. The study was done in Canada and it found that neighbors spent more on gadgets, goods, speculative investments, and end up borrowing money before going bankrupt. What's even worse is the larger the dollar amount of a lottery winner in a small neighborhood, the more often individual bankruptcies in that neighborhood then ...

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  • Net Worth

    Jessica Simpson Suing Con Men For Scamming Her Family Out Of $12 Million

    Jessica Simpson alleges that two professional con men insinuated themselves into her family's life by befriending her father, Joe Simpson. The two men, Jeffrey Bowler and Bret Saxon, then allegedly conned the Simpsons out of $12 million. Bowler and Saxon also claim that they are owed money from the sale of a stake in her fashion brand. The two men met Joe Simpson randomly in Beverly Hills in 2010. In the court documents, Jessica said that she believes they purposely introduced themselves to her father; they had identified him as a target.In 2014, Jessica was negotiating with Sequential Brands Group about ...

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  • Net Worth

    Hong Kong Couple Makes $323,000 Profit On $433,000 Investment …On A Parking Space

    Have you heard the one about real estate prices in Hong Kong? A couple paid $433,000 on a single parking space, and flipped it for $760,000 just nine months later! It sounds like an admittedly not very funny joke, but actually it really happened, as reported by the South China Morning Post. The unnamed couple purchased a single parking spot at a luxury housing development called Ultima in September of 2017. As Sandia Lau, a director at Centaline Property Agency explains, the reason parking spaces are going for such high prices is because A: Parking is at a high premium, and B: Residents ...

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  • Net Worth

    Former Baseball Player Steve Finley Has Made A Second Career As A Financial Adviser

    When Steve Finley was drafted by the Baltimore Orioles in 1987, he earned a $5,000 signing bonus and earned a paltry $600/month salary. But Finley had a pretty solid career in the long run. He spent 19 years in the big leagues, making two All-Star appearances, earning five Gold Glove awards, and winning a championship in 2001 with the Arizona Diamondbacks.For his curtain call, Finley wants to help other players learn to take care of their finances – especially since most guys coming into the league are making a lot more than $5,000.Finley serves as a financial adviser for Morgan ...

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  • Net Worth

    Billionaire Roundup: Comic Book Heroes, Legendary Investor, And Umbrella-ella-ella

    Summer is nearly here – can you feel it in the air? It's time for cookouts and baseball games and movies under the stars. Unless you're a billionaire of course. If you're a billionaire, your summer is filled with beach houses and mega yachts and glamourous trips to tropical locations. In this edition of the Billionaire Roundup, we're featuring a multi-millionaire as well as assorted billionaires. Stan Lee may "only" have a $50 million net worth but some drama went down at the 95-year-old's house recently that we need to tell you about. Warren Buffett raised a ton of money ...

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  • Net Worth

    Ray Dalio Shares His Best Advice: Party Like Crazy

    Ray Dalio founded Bridgewater Associates, the world's largest hedge fund. He recently sat down for a Reddit "Ask Me Anything" session and shared two key pieces of advice for investors and aspiring investors. For one thing, he believes investors should not solely focus on the hottest stocks and trends in investing – so basically, all of you eying cryptocurrencies and virtual reality – take a step back and think for a moment."First, know how to balance your portfolio so that you don't have any systematic bias toward bull or bear markets in anything. Second, don't make the mistake of thinking ...

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  • Net Worth

    Anthony Bourdain Net Worth: How Much Was The Chef And TV Star Worth?

    We woke up to the news that yet another beloved celebrity had committed suicide. Chef Anthony Bourdain, who taught us to love food and travel is dead by apparent suicide at the age of 61. Bourdain was found unresponsive in his hotel room in the Alsace region of eastern France by his great friend, French chef Eric Ripert. Bourdain leaves behind an 11-year-old daughter. He had a net worth of $16 million at the time of his death.Was Anthony Bourdain only worth $1.2 million? A news article circulated in July 2018 claiming Anthony was only worth $1.2 million at the ...

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  • Net Worth

    Arizona Cardinals Tight End Jermaine Gresham Paid So A Student Could Make Her Flight

    Traveling internationally can be a huge pain. You need your passport (and maybe a visa). You're dealing with foreign currencies. And maybe you have a bank or credit card that won't authorize a transaction unless you tell them you're going to be in a certain place on certain dates.That last situation happened to recent Arizona State graduate Delilah Cassidy. Luckily, she had the great timing of an NFL player on her side.Cassidy had visited Europe after graduating and was returning home to Arizona. On the day of her return, things went wrong almost immediately. First, she had a 3 a.m. ...

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  • Net Worth

    14 More Billionaires Join The Giving Pledge

    Bill and Melinda Gates and Warren Buffett founded the Giving Pledge in 2010 with 40 members who pledged to give at least half of their personal wealth away to philanthropy during their lifetimes. Since then, 183 people from 22 countries have joined the pledge. Over the past year, 14 new people signed on for this philanthropic journey. The new members are from the U.S., Canada, the UAE, and India. The new members hail from finance, retail, technology, venture capital, and healthcare.Warren Buffett issued a statement:"Over the past eight years, we've been inspired by the dedicated philanthropists who have chosen to ...

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  • Net Worth

    Andrew Lincoln's Exit From 'The Walking Dead' Will Make Norman Reedus One Of The Highest Paid Actors On TV

    The Walking Dead star Andrew Lincoln's unexpected exit from the show will have implications for it that won't be fully known by the public for a while, if ever. But one ramification of his decision to leave the show is already known, and subject to reporting by The Hollywood Reporter: That fellow Walking Dead star Norman Reedus is poised to negotiate a contract that will make him one of the highest paid actors on television.Lincoln is slated to leave the show at some point during its upcoming ninth season, and Reedus, who has been in the cast since the beginning, is reportedly negotiating a new ...

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  • Net Worth

    Michael Jordan's Net Worth Is Now $1.65 Billion

    Michael Jordan is largely considered to be the greatest basketball player to ever play the game, but he never made as much on court in his 15 seasons with the Chicago Bulls and Washington Wizards as he made off court in product endorsements. Over his 15-year NBA career, Jordan earned $93 million and $63.3 million of that was made in his last two seasons in the NBA. Today, he brings home $100 million a year just from his deal with Nike. He has a net worth of $1.65 billion thanks to the Jordan brand and the skyrocketing value of the ...

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  • Net Worth

    How Peyton Manning Helped Tiger Woods Reclaim His No. 1 Ranking

    Tiger Woods and Peyton Manning found themselves paired together during the pro-am round of the Jack Nicklaus Memorial Tournament. The pairing makes sense – after all, these were two guys who used to dominate their respective sports. And this isn't the first time they've hit the links together, either. In fact, after Woods lost his No. 1 ranking, Manning's trash talk was so biting that Woods used it as fuel to reclaim the top spot.Manning used audibles while with the Colts that included "Tiger," which was a snap on one, and "Phil," which was a snap on two. The reason ...

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  • Net Worth

    Magic Johnson's Rise From NBA Star To $600 Million Business Tycoon

    Magic Johnson had a fantastic basketball career. A five-time NBA champion, he won three regular-season MVP awards and made the All-Star team 12 times. He also led one of the most exciting franchises in NBA history as the point guard for the showtime-era Lakers. Yet when he retired in 1991 (and again in 1996 after a brief comeback), he was already well into the next chapter of his life: being a businessman.And boy, has Magic succeeded in his second career. Johnson has had his own music label, movie theaters, and film company. He's been a studio analyst for Turner Networks ...

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  • Net Worth

    Jack Dorsey Made More Than $700 Million In May

    Jack Dorsey had a heck of a month in May. The co-founder of Twitter and founder of Square has seen his net worth skyrocket in the past month thanks to his stakes in those two companies. Twitter's stock jumped 14% in May—which is significant because the S&P 500 only gained 2.6% in the same time period. Square did even better in May. Shares of the mobile payment company were up 24% to a record $58.90 as of May 31st.That means Dorsey's stake in Square has made him an additional $668 million in May. His Twitter shares have increased by $65 ...

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  • Net Worth

    Russell Wilson And Ciara Are Trying To Bring A Baseball Team To Portland

    Portland sports fans are nothing if not passionate. Try and speak a bad word about the Trailblazers or Timbers and you'll soon have an army of fans at your door. It makes for some of the most exciting environments in professional sports, and coming out of Portland with a win is always a tall task.And now, the city is getting an assist from a neighboring state.Seattle Seahawks quarterback Russell Wilson and his musician wife Ciara have become partners with Portland Diamond Project, a local effort to bring a major league baseball team to Rose City.MLB commissioner Rob Manfred said in ...

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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