Think Billion$

Hong Kong Billionaires on Trial

noreply@blogger.com (Unknown) — Tue, 13 May 2014 21:42:00 +0000

Hong Kong's billionaire Kwok brothers on trial in huge graft case (via AFP)

A blockbuster corruption trial involving Hong Kong property tycoons Thomas and Raymond Kwok got under way Thursday, with all five defendants pleading not guilty to bribery charges. The billionaire Kwok brothers, who jointly chair development giant Sun…

Dr. Dre Gets his Billions

noreply@blogger.com (Unknown) — Fri, 09 May 2014 20:51:00 +0000

Dr. Dre just became hip-hop's first billionaire.

Apple has made it rain billions of dollars on fancy headphone outfit Beats by Dre. Apple is ready to spend $3.2 billion to buy Beats, AT&T's streaming music partner.

Billionaire James Packer picks a fight on the streets of Sydney

noreply@blogger.com (Unknown) — Wed, 07 May 2014 23:10:00 +0000

Australian billionaire and gambling magnate James Packer got into a public fistfight with TV executive David Gyngell in Sydney.

Want To Become A Billionaire?

noreply@blogger.com (Unknown) — Wed, 23 Apr 2014 21:41:00 +0000

The real challenge, and the greater value and more lucrative pursuit, would be to come up with the solutions to problems that have befuddled engineers for decades or more.

Read more: http://www.businessinsider.com/billion-dollar-problems-2014-4

Select Quotes from Warren Buffett

noreply@blogger.com (Unknown) — Sat, 08 Mar 2014 16:35:00 +0000

The PowerTrend Profits investing newsletter identifies some favorite quotes by Warren Buffett:

"The stock market is a no-called-strike game. You don't have to swing at everything -- you can wait for your pitch."

"'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down."

"The best thing that happens to us is when a great company gets into temporary trouble... We want to buy them when they're on the operating table."

"When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever."

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

The Billionaire App Man

noreply@blogger.com (Unknown) — Sun, 23 Feb 2014 04:42:00 +0000

WhatsApp founders swap struggle for billionaire status (via AFP)

Jan Koum, an immigrant from Ukraine, was so poor as a teenager that he used saved old Soviet notebooks for school and queued with his mom for food stamps. Brian Acton lost a small fortune in the dot-com bust and was rejected for jobs at Twitter and…

The Billionaire's Demands

noreply@blogger.com (Unknown) — Wed, 19 Feb 2014 15:52:00 +0000

Book Description:

Booth Harrison has made a habit of getting what he wants, be it a new addition to the Harrison media empire, or a better relationship with his half-brother. But meeting his brother’s new sister-in-law, Camryn McBride, poses a new challenge. The savvy CFO of McBride Media has a brain he wants to pick…and a body he needs to claim.

Camyrn has spent the past few years helping to rebuild her family’s magazine company, focusing on that rather than her disastrous personal life. But when Booth Harrison invites her to be the keynote speaker at a sales conference in Hawaii, she’s tempted to combine business with pleasure.

But meeting the billionaire’s demands won’t be easy, because someone doesn’t want a merger between them to happen.

The Billionaire's Demands

Bullish Billionaire David Tepper Dumps Stocks

noreply@blogger.com (Unknown) — Mon, 17 Feb 2014 19:48:00 +0000

As reported on his recently released 13F for Q4 2013, David Tepper liquidated the following stocks:

US Airways ($178 million, 9.4MM shares)
Dow Jones DIA ETF ($151 million, 1MM shares)
Hertz ($33 million, 1.5MM shraes)
Bank of America ($31 million, 2.2K shares)
Sandisk ($25 million, 425K shares)

Sam Zell: Get to Work

noreply@blogger.com (Unknown) — Fri, 07 Feb 2014 20:17:00 +0000

Billionaire: 'One percent work harder' (via CNN Video)

Billionaire real estate developer Sam Zell says America slams the one percent because it's "politically convenient.''

Larry Ellison gets his skipper

noreply@blogger.com (Unknown) — Tue, 04 Feb 2014 02:16:00 +0000

Spithill sticks with Oracle for America's Cup (via AFP)

Jimmy Spithill will seek an America's Cup treble with Oracle Team USA, sticking with the team he led from the brink of defeat to triumph on San Francisco Bay last year. Oracle announced on Monday that the 34-year-old Australian had re-signed with the…

Wake Up! Marrissa Mayer

noreply@blogger.com (Unknown) — Wed, 29 Jan 2014 15:48:00 +0000

As reported this month, Yahoo's core businesses show little improvement after a release of financial statements indicating lower earnings and sales.

Search ads are down 4% and Yahoo! stock is off 6% over the past 12 months!

Wake Up! Marrissa Mayer!

For Carl Icahn, Apple is a One-Decision-Stock

noreply@blogger.com (Unknown) — Wed, 29 Jan 2014 03:54:00 +0000

Icahn Increases Apple Stake With $500M More Shares (via Bloomberg TV)

Jan. 28 (Bloomberg) -- Bloomberg's Scarlet Fu reports that billionaire investor Carl Icahn has purchased another $500 million in Apple shares on Bloomberg Television's "Market Makers."

New Billionaire: Sheryl Sandberg of Facebook

noreply@blogger.com (Unknown) — Wed, 22 Jan 2014 16:29:00 +0000

Sandberg a billionaire as Facebook shares hit new high (via AFP)

Facebook shares climbed to a new high on Tuesday, catapulting chief operating officer Sheryl Sandberg onto the roster of tech billionaires. Shares of the world's leading social network closed the Nasdaq trading day at $58.51, shedding a few cents in…

Mark Cuban Mouths Off Again

noreply@blogger.com (Unknown) — Mon, 20 Jan 2014 22:47:00 +0000

Mark Cuban Fined $100K (via FanIQ)

ÃÂ Commissioner David Stern fined Mark Cuban $100,000 for approaching referees with inappropriate language after the Mavs blew a 17-point lead to the Clippers this past Wednesday with a loss of 129-127. ÃÂ After Cuban was slapped with the fine,…

Beanie Babies Billionaire is a Tax Cheat

noreply@blogger.com (Unknown) — Tue, 14 Jan 2014 14:51:00 +0000

Ty Warner, the billionaire behind Beanie Babies, will find out this week how bad his sentence will be when a federal judge sends him behind bars to cry like a baby for up to five years for evading taxes on $25 million in income.

A Billionaire in Love

noreply@blogger.com (Unknown) — Sat, 11 Jan 2014 16:46:00 +0000

Billionaire Businesswoman Folorunsho Alakija’s Son To Wed Soon (via The InfoStrides)

One of the sons of billionaire businesswoman Folorunsho Alakija, Rotimi Alakija, is soon to wed the love of his life, beautiful Ms Kike Fejemirokun, who he has been dating for a while after meeting in the UK where they both went to school. Kike attended…

Fracking Competitively Threatens ‘Any Oil Producing Country in the World’

noreply@blogger.com (Unknown) — Thu, 09 Jan 2014 17:19:00 +0000

Saudi Arabia’s Prince Alwaleed Bin Talal, a billionaire businessman and nephew of Saudi King Abdullah, said the production of shale oil and natural gas in the United States and other countries, primarily done through fracking, is a real competitive threat to “any oil-producing country in the world,” adding that Saudi Arabia must address the issue because it is a “matter of survival.” (CNS News.com)

China’s hi-tech billionaire emperors ready to make more in 2014

noreply@blogger.com (Unknown) — Wed, 08 Jan 2014 17:38:00 +0000

A new generation is taking power in China. Not the grey graduates of Communist Party committees. But aggressive, entrepreneurial and often colourful internet billionaires.

As well as influencing domestic politics, several plan to break out on to the world stage in 2014.

article: Telegraph

Self made billionaire, William C. Erbey

noreply@blogger.com (Unknown) — Wed, 08 Jan 2014 03:36:00 +0000

Underwater Homes Provide a Flood of Cash for Billionaire Erbey (via www.mybanktracker.com)

A self made billionaire, William C. Erbey, has joined the Forbes 400 richest Americans list by turning to an innovative method of refinancing homes that have negative equity. Erbey is the founder of Ocwen Financial Corporation, the largest non bank…

Bill Gates increases net-worth by $15 billion in 2013

noreply@blogger.com (Unknown) — Sat, 04 Jan 2014 17:36:00 +0000

The world's richest man, Microsoft founder and software genius Bill Gates, increased his personal net worth by $15.8 billion to $78.5 billion over 2013. Congrat's Bill!

Eric Sprott: Bullish on Gold

noreply@blogger.com (Unknown) — Fri, 03 Jan 2014 15:43:00 +0000

Billionaire Eric Sprott: “Gold Stocks Will Go Up Multi Ten Thousands of Percent!”

“You have to be a buyer when people are non-believers. You have to believe in something based on data that says you’re right when the world will tell you you’re wrong."

Ask a Billionaire: Eric Schmidt's 2014 Predictions

noreply@blogger.com (Unknown) — Thu, 02 Jan 2014 16:41:00 +0000

Fisher Automotive wants Chinese Billionaire

noreply@blogger.com (Unknown) — Sat, 21 Dec 2013 15:24:00 +0000

Delaware's hope for Fisker rests with Chinese billionaire (via NewsWorks)

As Fisker Automotive speeds toward a bankruptcy deal, the future of whether the Karma, Fisker’s luxury hybrid sports car, will ever be produced in Delaware remains uncertain. However, a glimmer of hope remains in a recent deal between the U.S. Department…

Georgia's enigmatic Prime Minister Bidzina Ivanishvili

noreply@blogger.com (Unknown) — Wed, 18 Dec 2013 00:10:00 +0000

Ivanishvili: Enigmatic billionaire PM bows out... or does he? (via AFP)

A yoga-loving billionaire with a private zoo and priceless modern art collection, Georgia's enigmatic Prime Minister Bidzina Ivanishvili rose from dire poverty to the pinnacle of power in the ex-Soviet state. Tycoon Ivanishvili —- a self-styled anti…

Billionaires love to ski

noreply@blogger.com (Unknown) — Tue, 17 Dec 2013 05:00:00 +0000

Billionaire buying Taos Ski Valley (via Repost Video News)

taos ski valley is synonymous with a new mexico winter... for nearly 60 years it's also been synonymous with the blake family... but that era will soon be over-- a hedge-fund billionaire has bought the resort for an undisclosed price from the family…