The billionaire who is trying to go broke.
Chuck Feeney is the James Bond of philanthropy. Over the last 30 years he’s crisscrossed the globe conducting a clandestine operation to give away a $7.5 billion fortune derived from hawking cognac, perfume and cigarettes in his empire of duty-free shops.
posted by zoo
on Jul 22, 2013 -
Australian billionaire Clive Palmer has commissioned a Chinese shipyard to build Titanic II
, a modernized replica of the unsinkable Titanic
posted by swift
on Apr 30, 2012 -
There are still some smart people
left on Wall St. Hedge fund manager, John Paulson, made a cool $15B for his fund as the housing market imploded. His cut? $3-4B. Not too shabby for a year's worth of work. [more inside]
posted by blahblah
on Sep 26, 2008 -
One man's pocket change is another man's $3 million dollar home. Today, 3 previously homeless families were handed the keys
to homes located on one of Hawai'i's priciest streets: Kahala Avenue
. Japanese billionaire Genshiro Kawamoto has so far chosen 4 native Hawaiian families to live rent free for up to 10 years, making good on a promise made back in November 2006
. Obviously, Kawamoto's motives are suspect
, as his record as a landlord has been rather tainted
. And his approach to alleviating 4 family's homeless situation doesn't solve any systemic problems or go very far in providing long term solutions to homelessness. But for now, it's a feel-good story, and the start of an interesting sociological experiment...
posted by krippledkonscious
on Mar 23, 2007 -
Wondering what to do with the $70 mil. that Granny left you in her will? You could buy that private tropical island you have had your eye on but that's a 30 hour trip in your private jet. Wouldn't you really be happier here?
posted by vronsky
on Sep 30, 2006 -
is the first black billionaire, and ranks #172 on the list of richest Americans
after he sold BET to Viacom. Does he have a social responsibilty to show more than T&A and comedy on BET, or is he being unfairly singled out?
posted by owillis
on Sep 29, 2001 -