Even billionaires like Elon Musk, Mark Zuckerberg, and Jay-Z choose to take out mortgages on their homes, despite having the financial means to buy outright. This strategy is about more than just saving money – it’s about smart financial management, maximizing returns, and maintaining financial flexibility.
Bao Fan, a prominent Chinese businessman, vanished in 2023, joining a growing list of Chinese business leaders and politicians who have mysteriously disappeared from public view. While authorities have claimed these disappearances are related to anti-corruption investigations, the lack of transparency and the pattern of these events raise concerns about the Chinese Communist Party’s tactics and its use of intimidation against its citizens.
Shahid Khan, owner of the Jacksonville Jaguars, has made his new superyacht, Kismet, available for charter at a staggering $3 million per week. The 122-meter vessel features luxurious amenities including a Balinese-inspired spa, a gym, multiple pools, and even a basketball and pickleball court. This move highlights the growing trend of billionaires monetizing their luxury assets and the increasing demand for exclusive experiences among the ultra-wealthy.
Selena Gomez has officially joined the billionaires club, thanks to the success of her beauty brand, Rare Beauty. The 32-year-old singer, actress, and entrepreneur now boasts a net worth of $1.3 billion, making her one of the youngest female billionaires in the United States.
Selena Gomez has achieved billionaire status at the age of 32, primarily through the success of her beauty brand, Rare Beauty. Her estimated net worth of $1.3 billion comes largely from her 81.4% stake in the company, which has been valued at $2 billion. Gomez also co-founded the mental health platform Wondermind, further contributing to her wealth.
The Forbes Billionaires List for 2024 features 25 young billionaires under 33 years old with a collective wealth of $110 billion. However, many of these fortunes are inherited, highlighting the role of family legacy in wealth accumulation. The Mistry brothers, Firoz and Zahan, exemplify this trend, inheriting a significant portion of their wealth from their late father, Cyrus Mistry.
A new study by astrology experts reveals that Libra is the most common zodiac sign among billionaires, with 13% of the top 200 richest people in the world born under this sign. Other successful signs include Aquarius, Leo, and Scorpio, while Sagittarius is the least common amongst the wealthy.
A nine-year-old boy’s act of kindness towards a man he mistook for homeless turned out to be a heartwarming encounter with a billionaire businessman. Kelvin Ellis Jr. handed his last dollar to Matt Busbice, the 42-year-old businessman, who was outside a coffee shop performing his morning prayer. Busbice, deeply moved by Ellis’s gesture, rewarded him with a breakfast, a coffee, and a shopping trip to his sporting goods store. The incident, captured on CCTV, went viral on social media, prompting international attention and generating applause for Ellis’s generosity.
Get ready for a mind-bending cinematic experience with the enigmatic trailer for ‘So Help Me God.’ This star-studded thriller, directed and co-written by herself, transports viewers to an exclusive private island where a waitress encounters a wealthy enigma. As the party unfolds, reality blurs, and sinister events leave audiences questioning the nature of the unfolding mystery. Join Naomi Ackie, Christian Slater, Simon Rex, Geena Davis, and more A-listers as they navigate this captivating and enigmatic tale. Brace yourself for ‘So Help Me God,’ gracing theaters on August 23rd.
