Monday, January 4, 2016

Amazon CEO Jeff Bezos Wants It All

Amazon CEO Jeff Bezos demonstrates the Kindle Paperwhite during Amazon's Kindle Fire event in Santa Monica, California September 6, 2012. REUTERS/GUS RUELAS 

Daily Mail: The tax-avoiding 'Bond villain' who's trying to take over the world: His insatiable lust for money has seen Amazon boss Jeff Bezos amass a £40billion fortune. But he wants more - MUCH more

 * Jeff Bezos has amassed a £40billion fortune as boss of retailer Amazon
 * The 51-year-old is expanding company into new horizons 
 * He has said he wants firm to win an Oscar with its film division
 * Bezos is regarded to be the fourth richest man in the world

Ambitious New Year’s Resolutions are always a hostage to fortune, so credit where credit’s due to the American billionaire Jeff Bezos.

The intensely driven founder and boss of Amazon, the world’s biggest internet retailer, evidently wrote ‘Take over the world’ some time ago on the top of his ‘to do’ list.

 And every year appears to take him and his controversial business empire one step closer to that goal.

Read more ....

Editor: Everyone wants it all .... but  Amazon CEO Jeff Bezos is making it happen.

Sunday, January 3, 2016

Not A Good Year For The World's Richest Billionaires



Bloomberg: The World's Richest People Got Poorer This Year

 * Ortega chases Gates as planet's five richest shuffle positions
 * Soaring Bezos doubles wealth, Wal-Mart heirs lose $35 billion

The richest people on Earth became a bit poorer this year.

The world’s 400 wealthiest individuals shed $19 billion in 2015, according to the Bloomberg Billionaires Index.

Falling commodities prices and signs of a slower-growing China spooked investors around the world leading to the first annual decline for the daily wealth index since its 2012 debut.

Read more ....

Editor: Some of these individuals may have lost billions .... but I am sure that they will survive.

Thursday, February 12, 2015

Inside The Private Jets Of The Rich And Famous

Real estate tycoon, Donald Trump, owns a Boeing 757 jet that is reportedly worth almost US$100 million 

 Daily Mail: From Trump's $100m 757 to Oprah's luxurious interiors and Tom's 'Top Gun' G4: Inside the private jets of the rich and famous 

 * Real estate tycoon Donald Trump has a luxurious jet worth almost $100m 
 * Meanwhile, Star Wars' Harrison Ford has a collection of eight planes 
 * Actor (and pilot) John Travolta has TWO runways on his Florida property 

 My Comment: I suspect that boarding their planes at the airport and dealing with customs is slightly more easier for these air-plane owners than for all of us.

Monday, October 6, 2014

What Do Billionaires Have In Common (Beside Being Billionaires)?


The World's 2,325 Billionaires Have These 14 Traits In Common -- Business Insider 

There are 12 million millionaires in the world, but only 2,325 billionaires.

That's an exclusive club, of which the likes of Warren Buffett, Jack Ma, and Oprah Winfrey are members.

Digging into research firm Wealth-X's new Billionaire Census, we found that billionaires have some commonalities. Such as:

Read more ....

My Comment: Only 2,325 billionaires in the world (that are known) .... yup .... that is a small club.

Tuesday, March 18, 2014

Russia's Richest Oligarchs Are Divesting Away From America

Alisher Usmanov (RIA Novosti / Aleksey Nikolskyi)
Russia's Richest Man Usmanov Ditches Apple And Facebook For China -- RT

Russia’s biggest billionaire has bought shares in big Chinese internet retailer Alibaba, after selling his stakes in US tech giants Apple and Facebook. The deal comes as the West imposes sanctions on Russia, that could spread from politics to business.

Usmanov, 60, a founder of Russia’s iron ore Metalloinvest holding company, has an estimated fortune of $18.6 billion as of March 2014 and is increasing his bet on China, while selling American assets.

 “Chinese companies account for about 70 percent to 80 percent of the portfolio of our foreign internet investments,” Ivan Streshinskiy, head of Usmanov’s asset-management company USM Advisors LLC, told Bloomberg in an interview in Moscow.

Read more ....

My Comment: Alisher Usmanov is the "Warren Buffet of Russia" (more or less) .... what he does influences what others in Russia will do with their money. His 10% Facebook investment .... and selling it after the IPO for a massive profit .... is a textbook case on how an investor should invest in an internet company.

Tuesday, March 11, 2014

Global Super Rich Eye Office Blocks Over Mansions

Skyscrapers in Singapore. Wikipedia 

Global Super Rich Eye Office Blocks Over Mansions As Wealth Hits $20 Trillion -- Reuters 

 LONDON (Reuters) - The world's super rich are turning from luxury mansions to hotels and office blocks, as they hunt for bigger property deals to preserve their growing fortunes which hit a combined $20 trillion in 2013, data showed on Wednesday.

The move into commercial property comes as wealth levels rebound after the financial crisis and home values in London and Monaco soar, prompting the rich to look for riskier investments that offer higher returns than gold or bonds.

Wealthy individuals spent $11.2 billion on hotels, offices, warehouses and shops globally in 2013, up from $7 billion in 2012 and three times the amount spent in 2008 after the crash, data compiled for Reuters by research group Real Capital Analytics (RCA) showed.

Read more ....

My Comment: Office blocks give rental/leasing income .... mansions do not.