July, 2007

Cuban: The Internet Is Dead. Well IMHO what an idiot!

Filed under Mark Cuban
July 30, 2007 3:16 pm

The archetype of the Internet-bred billionaire Wednesday declared, “The Internet’s dead. It’s over.”The speaker was Mark Cuban, who sold Broadcast.com to Internet portal Yahoo in 1999 for $5.7 billion. He ... Read more »

RUDY’S ‘VULTURE’ $$ MAN

3:12 pm

Advocates for the poor charge that a top fund-raiser for Rudy Giuliani is a “vulture” whose firm preys on the debt woes of impoverished Third World countries.Billionaire hedge fund manager ... Read more »

Citadel scoops up Sowood Capital

3:08 pm

Citadel Investments, the Chicago-based hedge fund run by billionaire Kenneth Griffin, has stepped in to take over the credit portfolio of Sowood Capital, a smaller fund, which has recently run ... Read more »

Russian oil billionaire resigns after ‘persecution’

3:06 pm

  The billionaire chief executive of Russian oil major Russneft announced Monday that he was leaving the company and selling his stake following “unprecedented persecution” by the authorities. After Mikhail ... Read more »

Paris Hilton’s inheritance cut

3:02 pm

PARTY princess Paris Hilton is $60 million out of pocket after her billionaire grandfather - appalled by her jail term for drink-driving offences - axed her inheritance. Family patriarch Barron ... Read more »

Kingdom Holding Shares Rise as Much as 41% on Debut

July 29, 2007 3:46 pm

Shares of Saudi billionaire Prince Alwaleed bin Talal’s Kingdom Holding Co. rose as much as 41 percent in their trading debut, making the company the fourth- largest publicly traded firm ... Read more »

Meet The King Of Bling

July 28, 2007 1:44 pm

   How a poor boy from London’s East End became the most exclusive diamond merchant you’ve never heard of. British billionaire Laurence Graff, the man jewelry business insiders call the ... Read more »

Wall Streeter’s entities buy $70 million in land

1:36 pm

  Trusts and partnerships linked to billionaire hedge-fund manager Bruce Kovner paid about $70 million earlier this year for a swath of oceanfront properties in California’s Santa Barbara County. Taken ... Read more »

Billionaire benefactor wants unique museum design

Filed under Projects, Eli Broad
1:33 pm

An announcement about which of the five proposed designs for the new Eli and Edythe Broad Art Museum that were unveiled last week will actually become a brick-and-mortar (or steel ... Read more »

Apple co-founder backs Internet video venture

1:31 pm

An Internet video brainchild of three twentysomething former University of California grad students has won big backers, including Apple co-founder Steve Wozniak and Red McCombs, co-founder of Clear Channel Communications.The ... Read more »

Deripaska eyes Ford’s Land Rover, Jaguar: report

1:28 pm

  FRANKFURT (Reuters) - Billionaire tycoon Oleg Deripaska, the head of Russian automaker GAZ (GAZA.RTS: Quote, Profile, Research), is interested in Ford’s (F.N: Quote, Profile, Research) premium British brands Jaguar ... Read more »

From rags to riches and then to philanthropy

1:21 pm

Now the British billionaire Sir Tom Hunter has announced he plans to do the same. He aims to invest his business-building skills in creating projects, often helping those in poorer ... Read more »

Simon Cowell - If you’ve got it, taunt it

1:17 pm

After driving up a long, winding road that forks off Sunset Boulevard past some of the most lavish properties in Beverly Hills, I am having difficulty finding Simon Cowell’s house. ... Read more »

Ukraine’s Philanthropist-and-Promoter-in-Chief

July 27, 2007 8:49 pm

In addition to your leading role in business, you are also known as a philanthropist. How do you believe the two roles are related? I look at philanthropy the same ... Read more »

Mexican Billionaire Carlos Slim Criticizes Antitrust Regulator

July 25, 2007 4:23 pm

MEXICO CITY (AP) — Mexican billionaire Carlos Slim, one of the world’s richest men, criticized a top antitrust regulator who has vowed to investigate the dominance of his telephone companies.Slim ... Read more »

SAC Capital considers sale of stakes

4:21 pm

SAC Capital, the $14bn (£6.8bn) hedge fund run by billionaire Steven Cohen, is considering selling up to 20 per cent of itself to private minority investorsMr Cohen is known as ... Read more »

‘Mike2008.com’ — Another Tease? Or Real Thing?

4:19 pm

Bloomberg’s “I’m-not-running-for-president” campaign, team Bloomberg has fired up a new URL, “mike2008.com.” Is this just another tease or is the mayor finally telling voters that maybe, just maybe, he will ... Read more »

Heather Mills gets $100 million from Paul McCartney

Filed under Romance, Paul McCartney
July 24, 2007 4:00 pm

  According to HolyMoly, Heather Mills is reportedly satisfied with the settlement deal offered now. Apparently she didn’t want any property, visiting rights…just the money! It is rumored that the ... Read more »

Mike Ashley: the shy billionaire

3:56 pm

Telegraph has this story on Mike Ashley today: Six weeks ago Mike Ashley, deputy executive chairman, founder and 57pc shareholder in Sports Direct promised to improve the company’s external relations. ... Read more »

Sports Direct Shares Fall Most Ever on Profit Concern

3:51 pm

i knew this guy was a flagrant cheater!  ——————————— Shares of Sports Direct International Plc lost almost a quarter of their value after the U.K.’s biggest sporting-goods retailer reported slumping ... Read more »

Henderson Land Soars to Highest in Almost 10 Years

3:48 pm

 Shares in Henderson Land Development Co., controlled by Hong Kong billionaire Lee Shau-kee, rose to the highest in almost 10 years after a report the company will invest more than ... Read more »

How billionaires travel

Filed under Uncategorized
3:46 pm

  As commercial airline passengers face another summer of crowds, delays and missed connections, the owners of private jets can look forward to federal regulators’ help in making their flights ... Read more »

Potter makes history as fastest-selling book

Filed under J.K. Rowling
3:43 pm

money just keeps pouring in for a first billionaire writer ever J.K Rowling The seventh and final volume in the Harry Potter series has become the fastest selling book in history, publishers said on Monday, with more than 11 million copies sold during the first 24 hours in three markets alone.

Dig reveals “billionaire’s” Roman villa with baths

Filed under Uncategorized
3:41 pm

 Archaeologists have uncovered a tycoon’s mansion outside central Rome with its very own bath complex — the ancient Roman equivalent of owning a fleet of Ferraris or a private jet ... Read more »

Top 200 Art collectors

July 23, 2007 2:18 pm

The ART News has just published its Top 200 list, which includes   Eli Broad - Contemporary art * Steven Cohen - Impressionist, Modern and Contemporary art * Anne and ... Read more »

Bharti parners with Wal Mart

1:32 pm

Bharti Group, Wal-Mart Stores Inc.’s partner in India, plans to open its first retail store in India by the middle of next year, more than six months after its initial ... Read more »

Bill Gates enteres bridge chanpionship

1:29 pm

July 22 (UPI) — Having conquered the global computer industry, multi-billionaire Bill Gates has entered the North American Bridge Championships in Nashville, Tenn. The Microsoft founder was on hand this ... Read more »

Saudis snap up shares despite Islamic edict

1:24 pm

share offering by Prince Alwaleed bin Talal’s Kingdom Holding attracted more than double the amount the billionaire wanted as over 1 million Saudis ignored Islamic religious edicts against the ... Read more »

Billionaire Jesús de Polanco, 77, Dies

1:22 pm

Jesús de Polanco, a billionaire media entrepreneur viewed by Spaniards as crucial to restoring the free press during the country’s transition to democracy in the 1970s, died Saturday. He was ... Read more »

Former billionaire making comeback with motivational speaking

1:21 pm

Former billionaire Bill Bartmann wants to show you how to have the self-esteem of a super-achiever, set and meet any goal and borrow the money you need for your business ... Read more »

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