Archive for the ‘Money’ Tag

Perspectives on Nature and Greed   Leave a comment


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Posted March 3, 2016 by markosun in Uncategorized

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30 Richest People in the World   Leave a comment


Celebrity Net Worth

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Needless to say, Hosni Mubarak is in the dog house. He is currently under arrest in Egypt after that country’s brief and reversed revolution.  Now that the revolution in Egypt has come full circle, and Mubarak’s old military cronies are back in power, the future of Hosni is quite a bit brighter.  But he is sick and getting very old.

Number 12, Ingvar Kamprad is the founder of IKEA.

Amancio Ortega Gaona is a Spanish fashion magnate. He designs clothes and has a few chains of upscale fashion stores.

And what about our Mr. Putin?

Vladimir Putin’s Secret Billion Dollar Fortune:
Official disclosures list Putin’s annual Presidential salary at $187,000 (5.8 million rubles). Putin also claims to have a relatively meager net worth consisting of $180,000 in a savings account, a few Russian-made automobiles and a 16,000 square foot plot of land in the Moscow suburbs. Putin’s wife Lyudmila controls bank accounts totaling $260,000. In total, they claim their net worth totals less than $500,000.

During his reign, many Russian insiders and experts believe that Putin has used his power to do a little more than improve life for the common Russian citizen. While many previously state-owned industries were privatized, Putin allegedly has used his power to build large secret ownership stakes several multi-billion dollar commodity firms. His most vocal critics assert that Putin has leveraged his power to acquire a 4.5% ownership stake in natural gas producer Gazprom, a 37% stake in oil company Surgutneftegas and 50% stake in Swiss oil-trader Gunvor. Gazprom alone does over $150 billion in revenue annually, Guvnor does $80 billion and Surgutneftegas over $20 billion. Using their most recent market capitalizations, Putin’s combined ownership stakes would give him a personal net worth of $70 billion!

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Posted December 6, 2015 by markosun in Uncategorized

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Excessively Opulent Beverly Hills Mansion   Leave a comment


In the United States, and the western world for the most part, if a person is very intelligent, ambitious, is a workaholic and has a burning desire to make tons of money, opulence can be achieved.  A person can make many millions of dollars, or for that matter billions of dollars.  What to do with all that wealth.  The sky is the limit, i.e. private jets. But back on earth one can build or buy outrageously ostentatious mansions.

The mansion below is listed at 41 million dollars. It is 13,200 square feet and has everything a Saudi prince would desire.

  

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A lap pool that runs around half of the house.

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Glass walled garage

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This is nuts!

The ramp leading up to a courtyard and the garage.

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beverly house 13,200 square feet

Beverly Hills, Oh my!

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Posted October 28, 2015 by markosun in Uncategorized

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Gary Busey’s Net Worth: well lets just say he is in the Red!   Leave a comment


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Celebritynetworth.com

Gary Busey net worth: Gary Busey is an American film and stage actor who has a net worth of -$500 thousand. That’s 500 thousand dollars in the hole.

Gary Busey built his net worth from acting in well-known films like The Buddy Holly Story, The Firm, Lost Highway, Point Break and Black Sheep. He has also appeared on several television shows including Gunsmoke, Walker, Texas Ranger, Law & Order, and Entourage, and is also known for being a wild card on reality shows like Celebrity Apprentice (which he has appeared in twice, both in Season 4 and Season 6) and Celebrity Rehab with Dr. Drew.

Busey was born in Goose Creek, Texas, and first started working as an entertainer when he was a drummer in The Rubber Band. While working with he band, he performed on several Leon Russell recordings. He continued to play music until the 70’s when he started appearing in movies. In 1974, he made his major film debut as a supporting role in Thunderbolt and Lightfoot, starring Clint Eastwood and Jeff Bridges. In 1978, he starred as rock legend Buddy Holly in The Buddy Holly Story and for his performance, Busey received the greatest acclaim of his career when he earned an Academy Award nomination for Best Actor and the National Society of Film Critcs’ Best Actor award.

In the 80′ he continued to appear in film and television with some frequency until 1988 when he was severely injured in a motorcycle accident as a result of not wearing a helmet. His skull was fractured and doctors feared he suffered permanent brain damage.

Sadly, the actor has recently fallen on difficult financial times. On February 6th 2012, Gary Busey filed for chapter 7 bankruptcy protection in California claiming to be more than $500,000 in debt. In the filings, Busey states that he has less than $50,000 in real assets and roughly $500,000 – $1 million in debt to various parties including the IRS, Wells Fargo, UCLA Medical Center and others.

Busey has one son, William Jacob “Jake” Busey who was born in 1971 to his then wife, Judy Helkenberg, and another son, Luke Sampson Busey, who was born in 2010 to his girlfriend, Steffanie Sampson.

Easy come, easy go!

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Posted October 25, 2015 by markosun in Uncategorized

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Toronto’s Millionaires Row   Leave a comment


The Bridle Path is an upscale residential neighbourhood in the former city of North York, now part of Toronto, Ontario, Canada, that is characterized by large multi-million dollar mansions and two to four acre (8,000 to 16,000 m²) lot sizes. It is often referred to as “Millionaires’ Row”. It is the most affluent neighbourhood in Canada with an average household income of $936,137,[1] as well as by property values with an average dwelling value of $2.24M.

Although “The Bridle Path” is in fact the name of a road in the area, the term generally applies to the neighbourhood as a whole. It is bounded by The Bridle Path on the north, Sunnybrook Health Sciences Centre on the south, Bayview Avenue on the west and Wilket Creek on the east. Few roads pass through the area, contributing to the area’s exclusivity. House prices in the Bridle Path are varied, but they are mostly well in excess of a million dollars. It is a secluded neighbourhood, surrounded by the Don River Valley and lush parklands.

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Mansion under construction

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The Bridle Path has been home to prominent Toronto business people, celebrities and doctors. Media mogul Moses Znaimer used to call the Bridle Path home, while computer businessman Robert Herjavec, former newspaper baron and convicted businessman Conrad Black still own homes in the Bridle Path area. Prince was said to have purchased a home in the Bridle Path for $5.5 million, although his recent divorce, concert tour rigours, and weight loss have meant few sightings of him. “Casino King of Macau” Stanley Ho owns a High Point Road home purchased in 1987 for a record $5.5 million and currently worth C$27 million.

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There are rooms in these giant houses that the owners won’t even enter for months at a time.

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Posted August 30, 2015 by markosun in Uncategorized

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Stock Markets get Hammered   Leave a comment


CNN

Global fears about China’s economic slowdown shook stock markets around the world for a second week in a row. The wave of selling knocked the S&P 500 into correction mode for the first time since 2011.

To put the early losses into perspective, the Dow has never closed down more than 800 points in a single day. At one point it was on track for its worst percentage decline since the 2008 financial crisis.

The dramatic selling began overseas. China’s Shanghai Composite plummeted 8.5%, wiping out all of its massive gains so far this year. Not only has an apparent bubble in Chinese equities popped, but the country’s economy may be slowing much faster than feared.

Last week’s big selloff gathered serious momentum after China said its manufacturing activity — a critical metric on growth — tumbled to a six year low in July.

If you can’t take the heat, get out of the kitchen!

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Posted August 24, 2015 by markosun in Uncategorized

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How Did Nicolas Cage Blow Through A $150 Million Dollar Fortune   Leave a comment


Forbes.com

I always liked Nick Cage as an actor. ‘Raising Arizona’ got me hooked, very funny movie. But how did this guy waste so much money?

One person who definitely knows what it feels like to owe a little bit of money to Uncle Sam is Nicolas Cage. Nick is unfortunately one of dozens of high profile celebrities who happen to be way better at acting or throwing a ball than they are at taking care of their personal finances. After years of extravagant over-spending, not only did Nicolas find himself owing the IRS $13 million, but he also managed to blow through a $100 million fortune. How, in the name of ZEUS’ BUTTHOLE, did this happen?

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I have to admit, Nicolas Cage is probably my favorite actor of all time. The Rock, Lord of War, Con Air, National Treasure, Raising Arizona, Leaving Las Vegas, Face/Off, Snake Eyes… I celebrate the man’s entire catalog. I realize that some of Nick’s movies can be perceived as slightly cheesy or even flat out bad, but you have to admit his movies are rarely dull. At the peak of his career, Nick was one of the highest paid celebrities in the world who pulled down as much as $40 million per year. Between 1996 and 2011 Nick earned more than $150 million from acting alone. He earned $16 million for Snake Eyes, $20 million for Gone in Sixty Seconds, $20 million for Windtalkers, $20 million for National Treasure… just to name a few.

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Nick Cage’s $1 Million Ferrari Enzo

Not surprisingly, as his income went up so did his spending habits. Actually, to be fair, as his income increased Nick’s spending habits SKYROCKETED. Between 2000 and 2007 Nick went on a spending spree that would make the Sultan of Brunei blush. During that time Cage made the following purchases:

15 Personal Homes: Cage’s property portfolio included an $8 million castle in England that he plunged millions more into remodeling. He never spent a single night in the castle. He also bought a second castle in Bavaria, two multi-million dollar mansions in New Orleans, a $17.5 million palace in Bel Air, a $10 million Malibu beach house, a 24,000 square foot home in Rhode Island, a mansion in Las Vegas and a getaway property on Paradise Island in the Bahamas.

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Bel Air mansion

A Private Island: Apparently having a house on Paradise Island didn’t fill Nick’s penchant for the Bahamas because in 2006 he spent $7 million on a 40 acre private island 85 miles south of Nassau.

Four Luxury Yachts: Cage at one time owned four luxury yachts including one called Sarita that had 12 master bedrooms that was valued at $20 million.

A Fleet of Exotic Cars: At its peak, Nick Cage’s garage contained dozens of high end luxury vehicles including nine Rolls Royces. He owned an extremely rare $500 thousand Lamborghini and a $1 million Ferrari Enzo, one of only 349 produced. Cage also owned 30 motorcycles.

A $30 Million Gulfstream Private Jet

Other: Nearly 50 expensive works of art, dozens of jewels, a 67 million year old dinosaur skull, two extremely rare albino King Cobras.

When you total everything up, it becomes pretty clear that Nick was living well beyond his means even for a guy who makes $40 million a year. To make matters worse, while he was spending money like there was no tomorrow, Nick wasn’t paying his taxes. By 2009, his unpaid tax bill and penalties totaled more than $13 million! Nick immediately began attempting to dump as many of his assets as possible, starting with the houses. It didn’t help that 2009 was quite possibly the worst time in the last 100 years to try and sell a house in a pinch.

The good news is that Nick is still a bankable Hollywood star. In 2013 alone Nick has starred in several big budget films. He also sold his prized Action Comics #1 for a record setting $2.16 million. Hopefully Nick can churn out a few decent movies, pay down his debts and move on with his life. Fortunately, agent Stanley Goodspeed loves pressure. He eats it for breakfast.

Cage is currently worth approximately 25 million dollars.

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Posted June 4, 2015 by markosun in Uncategorized

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