Wednesday, December 17, 2014

Biggest Billionaire Financial Winners and Losers for 2014



Biggest Billionaire Financial Winners and Losers for 2014
The net worth of the median American, meanwhile, has fallen by 40% since before the recession. 

1 - Jack Ma - Founder of Chinese e-commerce site Alibaba
Net worth in December 2013: $10.7 billion
Net worth in December 2014: $29.2 billion
Gain: $18.5 billion or 173%
2 - Patrick Drahi - Swiss founder of Altice (ATC) cable and telecoms group
Net worth in December 2013: $7.8 billion
Net worth in December 2014: $12.9 billion
Gain: $5.1 billion or 65%
3 - Leonid Mikhelson
Chairman and chief executive of Russian gas firm Novatek (RU:NVTK)
Net worth in December 2013: $17 billion
Net worth in December 2014: $10 billion
Loss: $7 billion or 41%
4 - Mark Zuckerberg - Co-founder and CEO of social network Facebook (FB)
Net worth in December 2013: $24.7 billion
Net worth in December 2014: $33.1 billion
Gain: $8.4 billion or 34%
5 - Warren Buffett
Chairman and CEO of Berkshire Hathaway (BRK.A & BRK.B)
Net worth in December 2013: $59.1 billion
Net worth in December 2014: $72.6 billion
Gain: $13.5 or 23%
6 - Bill Gates - Co-founder of computer firm Microsoft Inc. (MSFT)
Net worth in December 2013: $72.6 billion
Net worth in December 2014: $83.1 billion
Gain: $10.5 billion or 10%
7 - Sheldon Adelson - Chairman and CEO of Las Vegas Sands Corp. (LVS)
Net worth in December 2013: $35.3 billion
Net worth in December 2014: $30.1 billion
Loss: $5.2 billion or 15%
8 - Jeff Bezos - Founder and CEO of e-commerce giant Amazon (AMZN)
Net worth in December 2013: $34.4 billion
Net worth in December 2014: $28.9 billion
Loss: $5.5 billion or 16%
9 - Lui Chee Woo - Chairman of Chinese real-estate K. Wah Group
Net worth in December 2013: $19.6 billion
Net worth in December 2014: $14.1 billion
Loss: $5.5 billion or 28%
10 - Masayoshi Son - Founder and CEO of Japan’s SoftBank telecoms group
Net worth in December 2013: $19.1 billion
Net worth in December 2014: $13.2 billion
Loss: $5.9 billion or 31%

Saturday, December 6, 2014

Billionaires Ex-Wife Says $1 Billion Not Enough In Divorce

 
Billionaires Ex-Wife Says $1 Billion Not Enough In Divorce - The ex-wife of Billionaire Harold Hamm has decided that the $1 billion settlement she reached with her ex just isn't enough of the $18 billion pie they have made. On Friday, she appealed Oklahoma County Court Judge Howard Haralson’s $995 million ruling in the divorce. Sue Ann Arnall, as she is now known, believes she’s entitled to half of his (shouldn't it be 'their'?) $18 billion fortune. "As Sue Ann has stated previously, 6 percent is not a fair proportion of the wealth the couple accumulated during their 26 year marriage, and she trusts that a more equitable division of the marital estate will result from this appeal," her lawyers said in a statement. Why Judge Haralson distinguished Hamm’s - the Continental Resources Chief Executive Officer and Chairman - 68 percent stake in the company as “separate property" we will never know. I guess when you have $18 billion to spend on lawyers, you can screw anyone over you like.  Good for Sue Ann, I think she is due a little more, no one needs $17 billion, as I think he would 'get along' fine with just $10 billion! We will keep you updated.