Phillip Frost Charged By SEC For Market Scheme

The Securities and Exchange Commission (SEC) charged Billionaire Phillip Frost with participating in a classic pump-and-dump scheme. The Miami resident and founder of the Phillip and Patricia Frost Museum of Science made his billions through his large pharmaceutical company OPKO Health. The charge suggests that Frost and 9 other investors participated in the scheme from […]
  • Peter Boyer
  • September 9, 2018
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Kylie Jenner Listed on Forbes America’s Women Billionaires List

Forbes featured Kylie Jenner in America’s Women Billionaires in the August 31st, 2018 issue. Jenner, 20, is the youngest Kardashian-Jenner in the reality TV family and has created a cosmetic empire with her company Kylie Cosmetics. Forbes reported $630 million in lip kit sales and values Jenner’s company at $800 million. With Jenner’s TV appearances […]
  • Peter Boyer
  • July 14, 2018
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Netflix CEO, Reed Hastings Joins Billionaire’s Club

Are you a monthly Netflix subscriber? Then Reed Hastings, Netflix CEO, owes you a big thank you. Hastings, co-founder of the popular streaming service, has just become the newest member of the billionaire club. Hastings owes this success to the 48 million subscribers spanning 40 countries for his success. Reed officially broke the billionaire ceiling […]
  • Ben Feinstein
  • June 24, 2014
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Michael Jordan Joins Billionaire’s Club

There are many words used to describe Michael Jordan. Athlete. Champion. Franchise Owner. And now there’s another word to add to the list. Billionaire. That’s right Michael Jordan is now a billionaire. Jordan is known as the six time NBA league champion who up until recently had an 80% stake in the Charlotte Hornets. Over […]
  • Ben Feinstein
  • June 12, 2014
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These Billionaires Could Buy Your City If they Choose To…

We all know billionaires have a lot of money. Bill Gates is listed as the world’s wealthiest man with $78.4 billion. Warren Buffett has $65.5 billion. And when the Walton family combines their net worth, it equates to an estimated $111.5 billion. And while these numbers are very impressive, few can truly imagine what having […]
  • Ben Feinstein
  • June 11, 2014
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Uber’s $18.2 Billion Valuation Likely To Position CEO Travis Kalanick Into The Billionaire Dollar Club

Travis Kalanick, CEO and cofounder of the San Francisco based car service app ‘Uber,’ raised $1.2 billion from BlackRock, Fidelity Investments, Wellington Management, Google Ventures, Kleiner Perkins Caufield & Byers, Menlo Ventures, and Summit Partners to amass a valuation of $18.2 billion according to Forbes. This number makes Kalanick the newest tech billionaire and puts […]
  • Jana Ruthberg
  • June 11, 2014
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Dr. Dre First HipHop Billionaire?

Tyrese Gibson posted a video to his Facebook account in which Dr. Dre proclaims himself as “The first billionaire in hip-hop, right here from the (expletive deleted) West Coast.” With this statement it seems that Dr. Dre has confirmed the sale of Beat by Dre to Apple for an approximate sum of $3.2 billion dollars. […]
  • Ben Feinstein
  • May 9, 2014
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