"In this fictional real estate investment, the 30 billionaires on our list, with a combined fortune of $582 billion, could afford to own a staggering 6 percent of the total U.S. home equity," Redfin Chief Economist Nela Richardson said in a statement …
The motive behind the amendment is praiseworthy: reducing the ability of billionaires to buy elections, a right they have enjoyed since the Supreme Court, in the Citizens United and McCutcheon cases, outlawed virtually all restraints on spending. But …
June 6 (Bloomberg) — Dimitrios Koutsolioutsos, the founder and chairman of Folli Follie SA, has become a billionaire as the Athens-based maker of jewelry, handbags and fashion accessories increased almost 10-fold in the last two years. Folli Follie …
No sooner had Mary Burke pulled even with Scott Walker in the polls than the Koch brothers' Americans for Prosperity dumped another $900,000 into a major TV ad buy in Wisconsin. The point of the new ads is to tell Wisconsinites that we are doing much …
TAG:Billionaires, Wealth Investment, Buying Homes. Billionaire bɪljəˈnɛː/ noun – A person possessing assets worth at least a billion pounds or dollars (or) a person who has the ability to purchase an entire city, at least according to Redfin's latest …
Real estate brokerage Redfin released a report naming the cities where billionaires could buy every single home. According to the report, Nike mogul Phil Knight could purchase Lake Forest for $11.1 billion. Here's a list of which billionaires could buy …
In a recent filing with the SEC, Hertz Global Holdings, Inc. (NYSE:HTZ) announced that the company has identified errors while filling its 10-Q report for the first quarter of the year. The errors are referring to the allowances for doubtful accounts …
In many cases, these billionaires could buy all of the homes in an entire city. Bill Gates, for example, has a net worth of more than $US77.5 billion and could theoretically afford to buy all 114,212 homes in Boston. The city's homes are valued at a …
The combined costs were then lined up next to the net worth of billionaires on this Forbes list. (You can find more about the methodology here.) So for Seattle, Redfin calculated that 241,450 homes in the city are worth a combined $111.5 billion dollars.