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Pasadena’s Mexican Drug Cartel Mansion Sells to LegalZoom CEO John Suh

Last November, the US Treasury Department officially blew the cover of “anonymous” cash purchasers of real property. Title companies are now required to disclose the “real” identity of all LLC-cloaked buyers who…

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American Billionaire Defies Brexit By Buying London's Most Expensive House

Hedge fund billionaire Ken Griffin has just bought one of the most expensive homes ever sold in London. The founder of the hedge fund Citadel paid £95 million ($122 million) for 3 Carlton…

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Real Estate Developer and Philanthropist David Dollinger Drops $29 Million on a Bel Air Promontory

House Sold – Back in summer 2016, Robert H. Blumenfield and his longtime wife Sharon upgraded their residential circumstances with the $35 million purchase of an Italianate mega-mansion right on the prestigious…

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Elites Gather In Davos To Rich-splain Poverty As The World Spirals Into Crisis

This week, thousands of business leaders, lawmakers and activists will convene in Davos to discuss the greatest challenges facing the world. At the yearly gathering hosted by the World Economic…

Tragic Details Surrounding the Death of Skincare Mogul Brandon Truaxe

By Ken Williams This is a tragic story of a mentally ill person. It is just a shame someone didn’t care enough to recognize it and help Brandon Truaxe. We…

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Baseball Star Jimmy Rollins is a Major League Baller in Encino… Again (Photos)

It was barely one year ago — last January (2018), in fact — that soon-to-be-retired pro baseball star Jimmy Rollins broke the Encino sales price record with a $10,650,000 splurge. His spec-built monster…

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Americans need an economy that supports more than the 1 percent

  During his campaign for president and since taking office, Donald Trump has told Americans that he is a friend of workers. That is not true. His disrespect for workers goes far…

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Billionaire Tony James has a solution for the $1.5 trillion student debt crisis

Private equity titan Tony James, the executive vice chairman of The Blackstone Group, is taking on the student loan crisis by advocating for an alternative to traditional student loans. The…

Government Shutdown Hiking Rent For Hundreds Of Low-Income Tenants

Hundreds of low-income tenants at housing complexes in four states now face rent hikes thanks to the government shutdown. A property management company told the tenants in a letter this week…

Judge blasts 'utterly self-centred' rich kid of Instagram heiress, 26, who imported illegal $450 snakeskin baseball caps

An ‘utterly self-centred’ heiress was today ordered to do community service after smuggling baseball caps and a bag made of endangered python skin into Britain before selling them. Stephanie Scolaro,…

Lamborghini Pastor Who Cheated on Wife Lives in $1.8 Million House Bought By Church

John Gray, pastor of Relentless Church in Greenville, SC admitted earlier this month to his congregation that he had cheated on his wife. Two weeks before that, he caught fire for a…

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The world’s richest 26 billionaires now have as much money as the poorest 3.8 billion people on the planet, figures show. Something needs to be done.

Oxfam’s new report, “Public Good or Private Wealth”, shows how the growing gap between rich and poor is undermining the fight against poverty, damaging our economies and fueling public anger across the globe….

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Lionel Richie's son Milo 'is arrested at Heathrow for claiming he had a bomb in his bag that he'd detonate on a plane and attacking security guard'

Lionel Richie’s son was cautioned by police after telling airport security staff he had a bomb in his bag which he would detonate on a plane. Miles ‘Milo’ Brockman Richie,…

New York's iconic 'Pumpkin House' with stunning views of the Manhattan skyline and Hudson River finally sells at a discounted $2 million after being on the market for two years

House Sold – New York’s iconic Pumpkin House has sold for $2 million after being on the market for more than two years. The Hudson Heights home which sits perched…

Henry Sy, Billionaire Who Started as a Shoe Seller, Dies at 94

Billionaire Deaths – Henry Sy, who became a billionaire by parlaying a shoe store into the biggest retailer in the Philippines, has died. He was 94. He died in his…

Cofounders Of E-Payment Service Used By Netflix and Spotify Are The Netherlands' Newest Billionaires

Pieter van der Does, CEO and cofounder of Dutch e-payment firm Adyen, is now a billionaire due to the 12% jump of the company’s shares in the market this week. Van…

Why Jeff Bezos’ Divorce Should Worry Amazon Investors

Jeff Bezos and his wife, MacKenzie, may be the first billionaire couple with a huge stake in an enormous technology company to announce their divorce. They won’t be the last….

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400,000 New Dollar Millionaires Created in 2018

How many millionaires are in the world? More than 400,000 new dollar millionaires were created last year as the fortunes of the already-well off ticked over into six-zeros despite the…

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Why Jeff Bezos' Biological Father Didn't Know Who His Billionaire Son Was for Years

Jeff Bezos and his mother Jackie in 2016 – MOLLY RILEY/AFP/Getty Amazon CEO Jeff Bezos may be the richest man in the world, but he came from humble beginnings. Bezos, 55, is…

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The role women play in the success of their billionaire husbands

Amazon founder and CEO Jeff Bezos and his wife MacKenzie recently announced their 25-year marriage is ending in divorce. The richest man in the world and his wife Mackenzie said…

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'Fortnite' Creator Buys Thousands of Acres of Land In the Name of Wildlife Conservation

With great money comes great opportunities to do some good and that’s exactly what Epic Games founder Tim Sweeney has done over the past decade having bought over 40,000 acres of land…

A Letter To The Readers of Billionaires World News

Three months ago we started our blog for our upcoming Billionaire World News website, coming soon to a place on the internet close to you.  First of all, we would…

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Muhammad Ali's former Los Angeles mansion is for sale for $17 million, and the opulent home has hosted guests from Sylvester Stallone to Barack Obama

The former home of celebrated boxer Muhammad Ali is for sale in Los Angeles for $16.999 million. The nine-bedroom mansion sits on 1.5 acres in the Hancock Park neighborhood in a gated community…

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6 Ways To Get The Wealthy To Donate More To Charity

A study this week from price comparison website Compare The Market shows that the richest do not necessarily donate the most. The ranking, which divided the total donations of billionaires by their net worth found the…

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Elon Musk says he's firing more than 3,000 Tesla staff because of pressure on profits and Model 3 production challenges

Tesla is laying off 7% of its employees, according to an email CEO Elon Musk sent to workers on Friday that was later published on the company’s website. The job cuts…

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The life and career of Vanguard founder Jack Bogle, the frugal father of low-cost investing whom Warren Buffett called 'a hero'

John C. Bogle, the founder of Vanguard Group, died Wednesday of esophageal cancer at age 89, the New York Times reported. Bogle, who went by Jack, created the first index mutual…

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Flint water crisis: Hope for justice as top Democrat vows to review investigation

New Democratic leadership in the investigation into the Flint water crisis has sparked hope among activists that a tougher line will be taken on prosecuting officials and compensating victims of the environmental…

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'A blemish in his sanctuary': the battle behind Mark Zuckerberg's Hawaii estate

On 22 December 2016, a retired professor of Hawaiian studies named Carlos Andrade sent a letter to dozens of his relatives informing them that he was about to sue them….

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The top 15 sports wealthy people around the world love, ranked

In the inaugural publication of its High Net Worth Handbook, Wealth-X intelligence investigates upper-class interests, analyzing their preferences in sports, art, music, and philanthropy. The report looks at wealth in two…

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An LA mega-mansion listed at $250 million in 2017 has had its price slashed by $100 million, and it's still not selling — here's a look inside

A Los Angeles mega-mansion went on the market two years ago for $250 million, making it the most expensive listing in the US at the time. Now, after yet another price chop, it’s back…