Michael Birch, founder of Bebo the social networking site, sold the website for $850 million to AOL in 2005, but Birch has now bought back his webiste for a mere $1 million – just to to play around with it and see if it can once again prosper.
Lottery winner Robert Erb won R235 million and has shared some of his winnings with Clifford Luther, owner of a diner in British Columbia, Canada. Luther had told Erb that his daughter had been recently diagnosed with cancer, but he didn’t expect such a large tip.
What’s the app? Well, it allows users to pay for things from their phones, similar to Paypal. And joint investors have put down R248 million to fund the app that remains somewhat of a mystery.
If you thought private jets and designer label clothing for pets was overboard, wait until you see these. Lifestyles of the rich and famous are not joke. In a recent thread on AskReddit, people were asked about the strangest services and products that most of us did not know existed.
This might have been the dream for future marijuana fiends, but it’s actually a reality. According to the Daily Beast, you can now actually invest in weed-related stock. There are already 19 U.S. states that are allowed to toke up on medical marijuana. If you include Washington and Colorado, who last November legalised the drug for […]
Brazilain billionaire Eike Bastista has fallen on tough times losing billions in the space of a year. The tycoon, once number 7 on the Forbes wealthiest list, is now being called the “master of road shows” by critics.
Top executives at Anglo Irish Bank have been caught on tape laughing and joking about how they would never be able to pay back the money they received from the state for bailouts.
What if we told you that the cash reserves of the world’s five largest tech companies hovered in the region of $333 billion. And that’s not what they’re worth, mind you. That’s just what they have lying around, for the sake of spending. The number’s so large, it’s genuinely difficult to comprehend. Which is why it’s helpful to visualise all that cash lying in a pile.
Sometimes you have to take a risk to get to where you want to be. We have put together five examples that show how some brands took one courageous leap and found themselves catapulted into the history books. Introducing the top five “shrewdest, smartest maneuvers you’ve ever seen in business.”
Media mogal, Rupert Murdoch has filed for divorce from wife, Wendi Deng. After months of speculation in the media, the billionaire and his controversial spouse decided to call it quits on Thursday.
American investor Warren Buffet has started to train a 28-year-old, female, protege. Click through to find out more about his right-hand woman.
If you have heaps of dollar bills lying around, then this could be the investment for you. The 115 meter yacht called Migaloo, boasts features that some peoples houses may not even have. Click through to check them out.
A month ago, Amsterdam Ad Blog wrote about Michael Middelkoop and Sharif Abd el Mawla for being Talents of the Month. Since then, the advertising team have been hired by acclaimed Saatchi advertising agency. With Cannes entries at an all time high, having about 35,765 entries from 92 different countries, the boys wondered what else could have been done […]
One of the world’s largest of gold handlers, Deutsche Bank, has started to store bullion in Singapore. The bank is responsible for looking after 200 metric tons of gold, which is the equivalent of about R92 billion. The Singapore FreePort high security vault is situated just across from the city’s main airport. Mark Smallwood, Deutsche’s head of wealth management: […]
We’ve come a long way since the caravan. For R30 million, you can find yourself some of the best real estate… Travelling real estate, that is. According to the Daily Mail, the world’s priciest home on wheels is up for sale in Dubai. For the hefty sum, you can be the owner of a 12 meter gold […]
South African entrepreneur Mark Shuttleworth has taken the government to court to have the country’s exchange control system declared unconstitutional. The billionaire wants the High Court in Pretoria to keep aside a levy of over R250 million. This comes as a result of the 10% levy sum he had to pay to get his R4,27 billion assets out […]
On his first metal detecting escapade, in a field near St. Albans in Hertfordshire, England, last October, Wesley Carrington literally struck gold in just a few minutes. Click through to get the full story.
Take it all in. Introducing this incredible Zwaanswyk estate. Built for a family that likes entertaining, this architectural masterpiece is a vision of fresh living, and we aren’t even talking about the views. Behold the splendor and pristine finishes of this lavish dream home. Here’s more from Pam Golding: Breathtaking views of False Bay, Table Mountain, the ocean, city […]
It’s no secret that we could all get a little advice when it comes to saving. Gareth Battersby and Bryan James combined their creative directing and design skills to help design agency Epiphany Search.
A 1931 Leica camera that belonged to German winemaker Karl Henkell, has sold for an outrageous R6,5 million.
Introducing the “House of the Future” an amazing piece of architecture that was designed in 1954 by Thomas Stimson.
Click here to find out who succeeded as the happiest developed nation in the world…
Biblical theme park called Holly Land’s asking price has been cut by almost half. Find out why no one wants to buy it when you click through.
I think we can all agree that the cost of living isn’t what it used to be. With the release of the Great Gatsby movie, talk of wealth has been circulating, and we’re getting involved.
Julius Malema’s Saxonwold house has been sold for R5,9 million. That’s six million bucks for a place with no roof. The expelled ANC Youth League Leader’s three story house went under the hammer to pay the R16 million bill he owes the SA Revenue Service. Check out Julius’ Twitter reaction
Earning money from your laptop means you can be anywhere, allowing you to get even close to living the holiday. We’ve put together 5 cool ways for you to earn cash on your terms.
Look, there isn’t really very much that can be said about this property other than yes, of course it comes with staff quarters, lawns perched on a view to infinity (add a pool to that while you’re there), a steam room, a cinema, and a wine cellar. Oh ja, and the endless view, which is probably worth ten times the asking price by itself.
Stop wasting money on menial tasks with these clever uses for household items.
New studies show that the billionaires of this world didn’t get to where they are by luck, or even hard work, alone. It turns out that people who get really, really rich are basically just smarter than you.
An unidentified millionaire made history yesterday by being the first South African to buy a Greek island for the not insignificant price of R34 million – and they did it over the phone!