12 Minutes Apart On Twitter: Bill Gates Donates $20 Billion To Charity... Elon Musk Posts A Hunter B

I realize this is not a groundbreaking statement, but we live in some fairly stupid times. NFTs, TikTok, SPACs, the metaverse… those four alone could constitute a new Mount Rushmore of extremely dumb things that have vomited themselves into the mainstream in the last year or two. But there's stupidity all around, every day, as you may have noticed. Allow me to illustrate my point using two tweets that were sent within minutes of each other on Wednesday morning. [Read More]

15 New Companies Join The Fortune 500 List

Fortune recently unveiled it's rankings of the 500 most profitable U.S. corporations. These 500 gargantuan companies alone represent two-thirds of the U.S. gross domestic product, with $12 trillion in revenue and $840 billion in profit. Predictably, top ranks go to Wal-Mart, Exxon Mobil, Apple, Berkshire Hathaway, McKeson, United Health Group, CVS Health, General Motors, Ford Motors, and AT&T. Although there are no surprises when it comes to the top contenders, the Fortune 500 list welcomed 15 new members to its ranks, including some companies you've definitely heard of, such as PayPal and Citizens Bank, and others you probably hadn't, like Veritiv and Baxalta. [Read More]

15 NFL Stars Who Lost Their Fame, Money, Status, And Even Their Freedom

The NFL's star players have it made. They are sports heroes. They have multi-million dollar contracts and endorsements. The players who are the best of the best at their position can make hundreds of millions of dollars over the course of a professional football career. So, why do so many NFL players blow it all? An April 2015 study revealed that about 16 percent of NFL players will go broke within 12 years of retiring from football. [Read More]

16 Celebrities Who've Gone Broke Or Declared Bankruptcy

Lisa Marie Presley and Johnny Depp have been making the news recently for their battles with their business managers over vast sums of money that they've lost or spent (or been swindled out of – but that is yet to be determined). Lisa Marie claims she has just $14,000 left in her bank account. These two very famous people are not the first to be in this predicament. Plenty of celebrities have gone broke and/or declared bankruptcy in the past. [Read More]

18 Years Ago, John Elway Could Have Bought 20% Of The Broncos For $36M. He Passed, And Missed Out On

In September 1998, fresh off the Broncos' first-ever Super Bowl victory and on track to have a second one, team owner Pat Bowlen made the then-quarterback John Elway an offer he couldn't refuse. Or, shouldn't refuse? Wouldn't dare to refuse? Bowlen gave Elway the opportunity to invest $15 million for a 10 percent stake in the team. In addition, he would be allowed to invest the deferred salary of $21 million that the team still owed him in exchange for an additional 10 percent of the team, for a total of 20 percent. [Read More]

19-Year-Old Quinn Kofler Just Won $15 Million In Lottery. We Have Words Of Caution For Him.

Quinn Kofler is a 19-year-old from Bonita Springs, Florida who has just seen his life turn around in a dramatic fashion. Last year, he was arrested for loitering in Fort Meyers. Today, he's likely perusing real estate listings, looking for a home. Kofler won $15 million playing the Florida 100X the Cash scratch off game. He opted to take a one-time lump-sum payout of $11,175,000. The Florida Lottery withholds 24% of taxes on the winnings, which leaves $8. [Read More]

1962 Ferrari 250 GTO Smashes All-Time Classic Car Sale Record

In Monterrey, California, at an auction by RM Sotheby's, a 1962 Ferrari 250 GTO became the most expensive classic car ever sold. As a press statement from RM Sotheby's on the sale makes clear, the energy in the room where the auction took place was highly charged even before the bidding on the car began: "There were cheers and applause when five-time Le Mans winner Derek Bell stepped out of the car after driving it across the auction block in front of an overflowing salesroom, followed by gasps as auctioneer Maarten ten Holder opened the bidding at the unprecedented level of $35 million. [Read More]

247 People Kicked Out Of Billionaire's Club Over Past Year

The year 2018 was a volatile one for 247 people who were billionaires last year but no longer are. That's the most since the height of the global financial crisis in 2009, when 355 people lost their billionaire status. China lost the most billionaires over the past year at 102, India was next with 22 and the United States was third with 12. Some of the former billionaires had rather spectacular downfalls, including fashion designers Domenico Dolce and Stefano Gabbana. [Read More]

28-Year-Old Music Producer Zedd Gives A Tour Of His INSANE $16 Million Los Angeles Mansion

Russian-German songwriter and music producer Zedd may only be 28 years old, but he's already had enough success to afford himself a $16 million mansion in Los Angeles's Benedict Canyon. Zedd—whose recent hits and collaborations include "Starving," "The Middle," and "Get Low"—purchased the 9,400-square-foot, open-concept contemporary home in November, and describes it as, "really as close to perfect a house for me as I can get." Rachel Murray/Getty Images The newly constructed home has picturesque views, a master suite that encompasses the entire second floor, multiple fireplaces, and expansive outdoor living areas. [Read More]

30 Years Ago Today Buster Douglas Shocked The World When He Beat Mike Tyson - But That's Not The Fig

February 11, 1989 was a day that shook the world. For those who are too young to remember, the world as we knew it was very different after that fateful day. No, a war wasn't started. A peace treaty wasn't signed. In fact, the Berlin Wall was still standing and would continue to stand for 10 more months. So what happened on February 11, 1989? The world found out the the unbeatable was beatable. [Read More]