#billionaire forbes

[mysharona1987]

[allthegeopolitics]

All of the world’s billionaires younger than 30 inherited their wealth, the first wave of “the great wealth transfer” in which more than 1,000 wealthy people are expected to pass on more than $5.2tn (£4.1tn) to their heirs over the next two decades. There are already more billionaires than ever before (2,781), and the number is expected to soar in the coming years as an elderly generation of super-rich people prepare to give their fortunes to their children. Research by Forbes magazine found there were 15 billionaires aged 30 or under but that none had created their own wealth, instead benefitting from huge inheritances.

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[weirdowithaquill]

Sir Topham Hatt is a BILLIONAIRE?!

Ok, so I just discovered this, and I was wondering if anyone else had discovered this - but apparently the Fat Controller is richer than Mr Burns according to Forbes magazine?! And he's worth $2 Billion USD, for his massive railway empire, vintage locomotive collection and real estate holdings.

Ok, I'm sorry - but Sir Topham Hatt is worth more than Rihanna, and to make matters even more interesting - $2 billion is what Forbes pegged his worth at in 2010 (and then continuously to today, where he still is amongst the 15 wealthiest fictional characters according to Forbes).

What's the betting he's worth more now? The Thomas and Friends franchise has made approximately $9.12 billion USD in its lifetime - putting it on par with Jurassic Park, Angry Birds and Dragon Ball in worth, and meaning that the little blue tank engine is worth more than Mario. Are you saying Sir Topham wouldn't have invested in this media juggernaut? Not to mention the fact that as an industrialist and transport tycoon who has a monopoly on transport on and off the famed Island of Sodor, he probably makes a ridiculous amount of money every year from tourism.

And that's before we mention that one little fact that his family is intertwined with all the other major players on the island, including the Earl, the Viscount, the Brown family (Skarloey Railway) and the Croarie family (Anopha Quarry). So the Hatt name has several other prominent families backing it.

Does this make Sodor an oligarchy? The Brown family is a political dynasty with a railway, the Croarie family owns the largest quarry on Sodor (if not possibly England, seeing as its still running, 100 years on), the Norramby family holds an Earldom, the Regaby family is both part of the railway and holds a Viscountcy, and the Hatt family runs a transport empire, which includes all the major ports on the island, as well as holding a Baronetcy.

Um... so Sir Topham Hatt might actually be worth even more than he's listed as owning? Cause I talked about all of this without mentioning the Sodor Aluminium Company, which the NWR owns a sizeable stake in.

The Hatt Family is making bank off mineral wealth, manufacturing, transport, tourism, real estate, generational wealth and tourism. And all this with a vintage fleet of steam engines (which only add to his net worth, due to their rarity and star-value).

So, uh... how do I get in on this?

[perseuspixl]

To the surprise of absolutely no one, Taylor Swift is now a billionaire, officially joining Forbes's annual “New Billionaires” list. Swift is one of 14 new celebs (and 265 people overall) to join the new Forbes Billionaires List published on April 2, 2024.

[stewykablooey]

do you think stewy is old money rich?

yes i doooooo i think stewy’s family (and im sure this is the assumption we’re supposed to make) comes from a long line of very wealthy generational wealth. still not at the level of the roys considering the roys are supposed to be one of the richest families in the world, but very wealthy. im sure they lost a chunk of it in the revolution and after they immigrated, but again, remained very wealthy. i do however think that stewy now is the richest he’s ever been

[happinessoncorneliastreet]

Taylor Swift joins Forbes Billionaire List💰💰💰

[galerymod]

A myth (more rarely mythus, obsolete mythe, plural myths, from ancient Greek μῦθος, "sound, word, speech, tale, legendary story, tale", Latin mythus) is in its original meaning a narrative. In religious myths, the existence of humans is linked to the world of gods or spirits.

Myths claim validity for the truth they assert. This claim to truth has been criticised since the Greek Enlightenment by the pre-Socratics (e.g. Xenophanes, around 500 BC). For the Sophists, myth stands in contrast to logos, which attempts to justify the truth of its assertions through rational evidence.

In a broader sense, myth also refers to people, things or events of high symbolic significance or simply a false idea or lie*.

For example, the adjective "mythical" is often used in colloquial language as a synonym for "fabulous-vague, fabulous or legendary".

Wikipedia

How can it be that a man who describes himself in public as a successful businessman worth billions cannot pay a financial penalty and that someone wants to vouch for him?

Trump can't pay 450 million dollars

In February, former US President Trump was fined 450 million dollars in New York for fraud. Now his lawyers have announced: Trump cannot pay. According to his lawyers, former US President Donald Trump is currently unable to guarantee payment of a fine of more than 450 million dollars from a fraud trial. Despite great efforts and negotiations with around 30 companies, it has not yet been possible to obtain such a guarantee, according to a letter from his legal team to the competent court in New York. Several US media outlets unanimously quote from the letter, arguing that it would be "practically impossible" to make the payment on time.

Trump has received a refusal from 30 bail companies, according to a letter from his lawyers to an appeals court on Monday. Many would not provide collateral in excess of 100 million dollars and would not accept real estate as collateral.

Forbes magazine estimates the property entrepreneur's total assets at 2.6 billion dollars. Trump recently stated that his cash assets totalled around 400 million dollars.

"I thought he was a billionaire? Is he lying to the public or the court?" Law professor Andrew Weissmann poses the question of questions on X in relation to Donald Trump's liquidity: How much is there to the image of the self-made billionaire?

How much money does Trump himself have?

Last year, Trump testified in court that he had a cash fortune of around 400 million US dollars. The latest legal documents indicate that he does not have anywhere near that amount of money at his disposal, Professor of Business Law Will Thomas from the University of Michigan. However, he and the Trump Organisation would have significantly more assets at their disposal. His largest asset holdings are tied up in property. If Trump is unable to pay in other ways, he could be forced to sell some of his properties, according to Professor Thomas. His lawyers want to prevent this and warn that Trump would have no way of buying them back if he is successful with his appeal.

Where could the money come from?

Without liquid funds, there are two options for Trump to prevent enforcement for the time being.

Guarantees: A guarantee would probably be the only solution for him. This would allow him not to have to sell anything for the time being. At the same time, guarantors require collateral and often only accept cash or shares in return - not property. Trump also needs to find someone who is prepared to guarantee an enormous sum of over 550 million dollars.

Donations or campaign funds: He is also receiving support from private sources, but the sums are nowhere near enough. Trump supporters are collecting money for him on the internet, with over a million private donations having been collected so far.

Again and again, it is also about money from Trump's election campaign. Federal law prohibits Trump from using campaign funds for personal purposes. However, it is legally unclear to what extent campaign money from political action committees (PACs) and funds from the Republican National Committee (RNC) fall under this. But even these funds would be far from sufficient.

If he loses the aura of the successful billionaire self-made businessman, he also loses his aura of success.

mod

This kind of legal action would not only be a serious blow to Trump's finances, but also to his image, as he always praises himself as a brilliant businessman.

The biggest bankruptcies* of Donald Trump

It was always visible to everyone, but as long as you can keep generating capital, the myth can be maintained

Trump Ice

In 1995, Donald Trump founded the Trump Ice Natural Spring Water brand (Trump Ice for short) - his own brand of bottled drinking water. However, the sales figures were not particularly good. After missed payments to the producer and a lawsuit against Trump Ice in this connection, production was discontinued. Today, only bottles with collector's value are sold on eBay and the like.

Trump Steaks

Donald Trump founded his own steak company in 2007. The company was to be dedicated exclusively to selling his favourite food and running a steakhouse in Las Vegas. The prices for the steaks varied between 199 and 999 US dollars. Despite such bargain prices, the company had to close in the same year. The steakhouse was shut down after the health department found 51 health code violations.

Trump University

In 2005, Donald Trump opened "Trump University" - a distance learning university specialising in the real estate industry that was not officially recognised as a university. Enrolment cost up to 35,000 US dollars, but many of the course instructors, who were allegedly selected by Donald Trump himself, often did not have the appropriate qualifications. The school had to be closed down for good in 2011. Thousands of students filed a lawsuit against the former US president, who relented in 2017 and offered a settlement despite his supposed innocence. This was confirmed by the US Court of Appeal in 2018 and secured compensation of USD 25 million for the more than 4,000 ex-students.

New Jersey Generals

In 1984, Donald Trump bought his own football team, the New Jersey Generals. However, they did not play in the famous National Football League, the NFL, but in the smaller offshoot, the United States Football League (USFL). Just one year later, the team was bankrupt and the entire United States Football League with it. Trump had tried with all his might to bring about a merger of the UFSL with the NFL. This prevented Donald Trump from taking over a team in the NFL.

Trump Vodka

According to Donald Trump himself, he does not drink alcohol. However, this did not stop him from launching his own premium vodka on the market in 2005. However, production was discontinued in 2011.

Trump Magazine

Donald Trump made several attempts to land a hit in the luxury magazine segment. After two failed attempts, he launched the quarterly "Trump Magazine" in 2007, which covered topics such as yachts and other toys for the rich. However, the magazine was cancelled in 2009.

Gotrump

In 2006, Donald Trump ventured into a search engine for luxury travel. It included private jets, tickets for exclusive events and supposedly personal recommendations and travel tips from Donald Trump. However, it was shut down again after just one year due to poor reviews.

Trump: The Game

Trump tried twice to establish himself on the board game market with the board game "Trump: The Game", but failed twice. The game is, of course, about money. The game first came onto the market in 1989, but was discontinued shortly after its release. In 2005, he tried a new edition in collaboration with Parker Brothers, but this version also failed.

Trump Shuttle

In 1989, Trump bought his own airline, "Trump Shuttle". The airline was to fly business people back and forth between New York, Boston and Washington. The interior of the Boeing 727 was elegantly furnished with maple panelling and chrome seat belt buckles, and gold fittings were installed in the toilets. However, the luxury was too expensive for the passengers. Three years later, the over-indebted company was sold to US Airways.

Trump Entertainment Resorts

With the company "Trump Entertainment Resorts", Donald Trump operated several casinos in the gambling metropolis of Atlantic City, including: Trump Taj Mahal, Trump Plaza and Trump Marina. All were closed between 1999 and 2016, and the company filed for bankruptcy three times between 2004 and 2014. In 2014, debts are said to have totalled around 1.8 billion US dollars. Trump himself withdrew completely from the company in 2016 and sold his shares to billionaire Carl Icahn.

Trump Mortgage

In April 2006, Donald Trump announced the founding of his own mortgage bank, Trump Mortgage, at a press conference. He predicted a rosy future for his endeavour and that the bank would soon become the largest lender for home loans in the USA. However, as with "Trump Magazine", the timing was not exactly fortunate. Just one year later, the former US president's mortgage bank had to file for insolvency.

[indizombie]

The hunger crisis is particularly alarming because India is the world’s fifth-largest economy and home to hundreds of ultra-rich billionaires. A little over a month before the index was released, Gautam Adani, an Indian businessman, became the second richest man in the world. He is currently 3rd on the Forbes Real Time Billionaires list, and he is the richest man in Asia. Mukesh Ambani, another Indian businessman, is the 8th richest man in the world. According to Oxfam, the top 10 percent of rich Indians hold 77 percent of wealth in India. In fact, between 2018 to 2022, India is estimated to produce 70 new millionaires every day.

Srishti Jaswal, ‘This Country Has 70 New Millionaires Every Day. Why Is it Among the World’s Hungriest?’, VICE

[its-cello]

i wonder if bruno mars ever got to be on the cover of forbes magazine,,,, smiling next to oprah and the queen

[jjbizconsult]

Hold Up, Taylor Swift's a Billionaire?! The Craziest Facts from the 2024 Forbes Listpen_spark

https://jjbizconsult.com/forbes-billionaires-list-2024-tech-titans-pop-star-make-history/

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[kazifatagar]

New: Only three Malay Muslims made it to the list of Malaysian billionaires

Syed Mokhtar ranked 15th with a net worth of US$1.3 billion (RM6.23 billion), Syed Azman ranked 28th, with US$765 million (RM3.7 billion), while Azman ranked 32nd collect as much as US$660 million (RM3.2 billion). These are the three top Malay Muslims billionaires. The latest list also shows that Tan Sri Robert Kuok maintains his position as the richest individual in Malaysia with a net worth of…

[gemstarb]

Watch "Scientologist hits the Forbes Billionaires List - it's NOT GRANT CARDONE!" on YouTube

Ooh the Irony!!

[elviramac22-blog]

Taylor Swift: Billionaire

Taylor Swift 34 has made Forbes list as a billionaire. It was made official when she did her Eras tour. She is on the list as #14. The pop star is the most famous newcomer on the list. She has amassed an estimated $1.1 billion fortune based on her earnings from her Eras tour, the value of her music catalog, and her real estate portfolio. This comes on top of her huge earnings from the…

[kc22invesmentsblog]

Robert Smith: A Visionary Leader Among Forbes' "100 Greatest Living Business Minds

Written by Delvin In 2017, Forbes magazine unveiled its prestigious list of the “100 Greatest Living Business Minds,” a collection of exceptional individuals who have revolutionized the business world and left an indelible mark on their respective industries. Among the esteemed luminaries featured on this exclusive roster was Robert Smith, a visionary leader who has consistently demonstrated his…