Warren Buffet received $160m for Q2 dividends from Coca Cola

Buffett began accumulating Coca-Cola shares for Berkshire Hathaway (NYSE: BRK.b) in 1987. He bought the largest chunk of Berkshire’s Coca-Cola investment in 1988 with a $1 billion purchase. Berkshire’s top 10 stock holdings (Coca-Cola is one) account for 80% of its stock-portfolio value. The top five holdings – Apple (NASDAQ: AAPL), Bank of America (NYSE: BAC), Wells Fargo (NYSE:[...]

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Taylor Swift is the World’s highest paid celebrity in 2019

Taylor Swift is No. 1 on the Forbes Celebrity 100 list, pulling in pretax income of $185 million over the past year, her biggest earnings total yet. Her estimated pay grew 131%, after clocking in at $80 million in 2018. The pop singer has topped the Celebrity 100 before—in 2016, she captured the No. 1 spot with $170 million,[...]

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Mystery Solved: Saudi Prince Is Buyer Of $450M DaVinci Painting (photo)

Why would he pay so much for a painting of Christ. The answer is in the asset value. The mystery over who paid a record-breaking $450 million for Leonardo da Vinci's painting Salvator Mundi at an auction last month appears to have been solved. It turns out it's Saudi Arabia's crown prince Mohammed bin Salman. That's according[...]

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Saudi Arabia’s Al Saud family named world’s fourth richest

Bloomberg Billionaires Index says collective fortune of Al Saud family is conservatively estimated at more than $100 billion. The Al Sauds number some 15,000, according to estimates by political analysts and academics, from infants to the elderly. Their collective fortune is estimated at more than $100 billion in the Bloomberg Billionaires Index, enough to rank[...]

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Colorado grows annual cannabis sales to $1 billion- Lessons for Nigeria?

On Jan. 1, 2014, Colorado launched what many considered a controversial experiment: It became the first state in the country to legalize recreational cannabis. No one was sure how things would play out. Would new entrepreneurs enter the market? Would people stop buying from the black market? Would crime rates fall? Now, more than five years after[...]

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Primark Owner, Arthur Ryan dies at 83

Arthur Ryan, the founder, chairman, and former chief executive of Primark has passed away at the age of 83 after a short illness.   Late Ryan was born in Dublin but went to London as a young man to work in tailoring. On his return to Ireland he continued to work in retail before he was taken[...]

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Luxury Brand Louis Vuitton Owner- Bernard Arnault becomes the 3rd person worth over $100 billion, along with Bezos and Gates

LVMH billionaire Bernard Arnault's fortune has crossed the $100 billion threshold to reach $100.4 billion, an increase of nearly $32 billion this year, according to Bloomberg. That's the largest net worth bump seen by anyone on the 500-member Bloomberg Billionaires Index this year. The boost comes in part from increased demand for Louis Vuitton handbags and Hennessy cognac[...]

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