Wednesday, January 29, 2014

Wake Up! Marrissa Mayer

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!

Tuesday, January 28, 2014

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

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."

Wednesday, January 22, 2014

New Billionaire: Sheryl Sandberg of Facebook

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…

Monday, January 20, 2014

Mark Cuban Mouths Off Again

Mark Cuban Fined $100K (via FanIQ)

  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.   After Cuban was slapped with the fine,…

Tuesday, January 14, 2014

Beanie Babies Billionaire is a Tax Cheat

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.

Saturday, January 11, 2014

A Billionaire in Love

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…

Thursday, January 9, 2014

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

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

Wednesday, January 8, 2014

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

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

Tuesday, January 7, 2014

Self made billionaire, William C. Erbey

Underwater Homes Provide a Flood of Cash for Billionaire Erbey (via

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…

Saturday, January 4, 2014

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

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!

Friday, January 3, 2014

Eric Sprott: Bullish on Gold

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."

Thursday, January 2, 2014