Stop me if you’ve heard this before: GameStop’s stock price is surging in ways that no Wall Street expert can explain or understand. If you think this article is rehashing old news, you are wrong. Today is March 22, 2023 and as I type this article, GameStop’s stock price is up 35% compared to yesterday’s…
Guo Wengui, the exiled Chinese billionaire who is also an associate of infamous Donald Trump White House adviser Steve Bannon, is facing some more legal problems in his adopted home in the United States. Federal prosecutors have arrested Guo (under the name “Ho Wan Kwok,” one of multiple names he has gone by in the…
There’s a rumor swirling around that claims Michael Jordan is in advanced talks to sell his majority stake in the NBA’s Charlotte Hornets. Michael currently owns 80% of the Hornets. He is the ONLY black majority team owner in the NBA. Michael first bought a stake in the Hornets in 2006, though at the time…
Malaysian billionaire Jho Low is currently wanted by international law enforcement authorities for his part in an alleged money laundering scheme involving Malaysia’s sovereign wealth fund. In the scheme, Jho and associates allegedly stole $4.5 billion from the 1Malaysia Development Berhad, in what has become known as the 1MDB scandal. As it turns out, the…
Brazilian banker Joseph Safra was one of the wealthiest people in the world when he died in December of 2020. He was the richest person in Brazil. Upon his death, Joseph left his four children stakes in the family business valued at about $14 billion. But all is not well in the Safra banking empire….
Basketball legend Michael Jordan has been the idol of millions of children over the course of his storied career, and he’s had a working relationship with Make-A-Wish America for almost as long, going back to 1989 when he granted his first wish for the organization that famously works to fulfill the wishes of children diagnosed…
We all know that Michael Jordan is a very, very, very rich man. In addition to being regarded by many to be the greatest basketball player of all time, Michael is also the first black billionaire athlete. Most of Michael Jordan’s current $2.2 billion net worth is derived thanks to his majority ownership stake in…
The use of private jets to travel, whether it be across the world or quick 20-minute hops, is one of the most damaging things to the environment a person can do. The World Wildlife Fund calls air travel “one of the fastest-growing sources of the greenhouse gas emissions driving global climate change” and “currently the…
Back in 2012, Jay-Z launched a cognac brand called “D’Ussé” as a partnership with liquor behemoth Bacardi. For the next decade it was a great partnership. Jay handled marketing. Bacardi handled production and distribution. And since this was Jay-Z, it wasn’t a lopsided partnership with the huge liquor conglomerate owning 95% and the celebrity doing…
This Sunday, at the Super Bowl LVII Halftime Show, fans and viewers all over the world will be treated to a significant milestone in Super Bowl history. For the first time ever, the headlining performer taking the stage for the halftime show will be a billionaire. You read that right. Even with past performances from…
