Money Drain

Submitted by Pablo on Tue, 01/15/2019 - 14:10

So much money, it is meaningless. That is a good way to define most billionaires, but how much money do you have when you can throw away $100,000,000 on a wedding? Perhaps you need to be the wealthiest billionaire in India.

Billionaire Mukesh Ambani and his wife threw a wedding for his daughter Isha that is said to have cost 1/10th of a billion dollars. Throw around that kind of money and you know Hillary Clinton and Beyonce and John Kerry and the like will smell the flowing money and come to be close. It was a decadent affair.

Insured Whiskey? Drink the Whiskey!

Submitted by Pablo on Tue, 01/15/2019 - 13:49

Are you insured? How about your whiskey? If you are not insuring your whiskey, you probably are not extremely wealthy. You are like the rest of us who think whiskey is for drinking. Well then, you have missed out on double digit increases in values in whiskey as investment.

 

Read: What the Rise in Whisky Insurance Tells Us About the Super Rich

Ladies Sing for Ca$h!

Submitted by Pablo on Tue, 01/15/2019 - 12:58

It is a list of predominantly women, and they are RICH! Dolly Parton, $500,000,000! Madonna, $743,000,000! It is The World's Richest Singers list.

The list of the 25 wealthiest singers includes only 8 men, with only one man in the top 5, Herb Alpert.  We do not know Nana Mouskouri's work, but she has released over 200 albums and has a net worth in the neighborhood of $280 million. That is right, $280,000,000!

Not News, Reminder

Submitted by Pablo on Sat, 12/22/2018 - 12:57

In England, as elsewhere, the poor die significantly earlier on average than those more well off. You do not have to be a billionaire -- this is group information, as every individual is unique -- to live a longer life. You have to work to not be poor. There is a price paid for being poor, even if it takes less effort.

England’s poorest people die 10 years before the richest as the gap in life expectancy widens. [Read]

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Gold or Fake Gold

Submitted by Pablo on Thu, 12/20/2018 - 16:23

Introducing Lual Malong, the self proclaimed youngest billionaire in South Sudan! How does one get rich in an impoverished country? Apparently, sell something that does not cost anything. You cannot beat the markup.

Ugandan authorities have arrested Lual Malong for what is being called a fake gold scam. [Read]

You know what the say, "Rich is rich!"

 

Help the Rich

Submitted by Pablo on Wed, 12/19/2018 - 11:41

It is important that the idle rich have their whims catered. Of course their ideas are better than anyone else's, they are rich so have the time to use their big brains to come up with grand ideas of how to make the world a better place for them all. Though, you do not expect them to use their own money to implement and test their ideas, do you -- even ideas that have previously failed? Then what is the point of cronyism?

Bet on the House

Submitted by Pablo on Tue, 12/11/2018 - 17:50

Next time you think about placing a bet, think about Denise Coates. Because of bets like yours, she is able to take down a salary of over $300,000,000 for the year from her profitable company, Bet365. That is right, more than a quarter billion dollars for the year. Yes, she is a billionaire.

Do not begrudge her wealth, but consider if you really want to contribute to said wealth. Remember, when it comes to gambling, the house is the big winner, and Denise Coates built a really nice virtual house for you to visit at bet365.com.