Billion Dollar People

Sean Parker – as much a “party boy” as he is made out to be?

Categories: Computers & Internet, People - Tags: , ,

Sean Parker, 31, director of Spotify, founding president of Facebook and a tech titan worth $2.1 billion, was toasting his betrothal to the gamine singer-songwriter Alexandra Lenas. And he was about to live up to his reputation—crystallized by Justin Timberlake in last year’s The Social Network—as the most party-hardy geek in town.

His genius, and his billionaire status, is I guess pretty much owing to his ability to spot the potential for Facebook which even Zuck might have underestimated…anyway, he appears to have decided to do some partying with his wealth

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Gisele Bundchen closer to becoming world’s first model billionaire with launch of THIRD collection for C&A

Categories: Entertainment, People, Textiles & Apparel

As the world’s highest-earning model, Gisele Bundchen is clearly financially savvy as she is beautiful.

Now the 31-year-old mother-of-one has proved she has staying-power as a fashion designer too, with the launch of her third collection for C&A.

Gisele, who is believed to be on track to becoming the world’s first model billionaire, made $45million last year alone, according to Forbes.

It estimates that she has made $250million over the past 10 years, but the launch of her own skincare and lingerie lines now look set to push her earnings into the stratosphere.

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105 Billion Dollar ObamaCare Secret

Categories: Financial Services, Government, People - Tags:

Just when we want Congress to make sweeping cuts we now find out about $105 billion in pre-approved spending hidden in Obamacare. Watch the latest release from Rightchange.com and be sure to contact your congressman.

 

Facebook could go for $100 billion IPO?

Categories: Computers & Internet, People

Five years ago Mark Zuckerberg blew the business world’s collective mind by turning down an acquisition offer for $1 billion from Yahoo at the ripe young age of 22. Facebook’s explosive growth in popularity combined with Zuckerberg’s cavalier attitude and apparently unflinching dismissal of an offer that would have instantly made him a deca-millionaire many times over was instrumental in turning him from a young hotshot entrepreneur to a cultural icon.

Turning down a billion dollars at age 22 takes serious chutzpah. Almost everyone thought he was a little crazy. And yet now the Wall Street Journal is reporting that Facebook is finally getting ready for its much-anticipated IPO sometime in the first half of next year, set to raise $10 billion in cash for the company at a valuation of $100 billion. As for Yahoo, Facebook has lapped its would-be acquirer. Its expected annual revenue of $4 billion is bigger than Yahoo’s. In fact, it’s Zuckerberg who could now make a move to acquire Yahoo, if his company saw any use for the aging web giant.

WSJ notes Zuckerberg’s share holding in the company is set to raise his personal wealth to $24 billion, which would make him the 14th richest person in the world according to the Forbes 400 list from 2011, and the 5th richest in the US, just behind the Walton family of Walmart’s fortune.

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