Ku Hye-sun net worth: Ku Hye-sun is a South Korean actress, singer, songwriter, director, and artist who has a net worth of $12 million. Ku Hye-sun was born in Incheon, South Korea in November 1984. As an actress she has starred in several television dramas including Pure in Heart in 2006, The King And I in 2007, Boys Over Flowers in 2009, Take Care of Us, Captain in 2012, Angel Eyes in 2014, and Blood in 2015. Ku Hye-sun has also starred in the films August Rush and Daughter and has narrated and appeared in many other TV series and music videos. She has directed the films Magic, The Peach Tree, and Daughter as well as several shorts. As a singer Ku Hye-sun released the albums Breath in 2009, Breath 2 in 2015, and And Spring in 2016. She has also authored five books and been involved in the fashion industry in addition to winning many awards.

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Cytherea net worth: Cytherea is an American pornographic actress and model who has a net worth of $600 thousand. Cytherea was born in Salt Lake City, Utah in September 1981. Her name was taken from the Greek goddess of love, beauty, and music. Cytherea began her video career in 2003 and has more than 350 acting credits to her name. She has also appeared on mainstream TV series including Playboy TV's Night Calls and Sex Games: Vegas. Cytherea has been a guest on the Tom Leykis Show and The Howard Stern Show. She hosted a radio show on KSEX called Goddess of Gush and appeared in the films Tumbling After and Finishing the Game: The Search for a New Bruce Lee. In 2004 she won an AVN Award for Best New Starlet and has been nominated for several other awards. She retired from the industry in 2005 but made a comeback later on.

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Karol Sevilla net worth: Karol Sevilla is a Mexican singer, songwriter, actress, and YouTube personality who has a net worth of $4 million. Karol Sevilla was born in Mexico City, Mexico in November 1999. As an actress she starred on the television series La rosa de Guadalupe from 2008 to 2016. One of her best known roles has come starring as Luna Valente on the Disney Channel TV series Soy Luna starting in 2016. Karol Sevilla has also appeared in episodes of the TV series Mujeres asesinas in 2009, Para volver a amar from 2010 to 2011, Amorcito Corazo in 2011, and Como dice el dicho from 2012 to 2014. At six years old she began starring in commercials. Karol Sevilla has also starred in stage productions including The Wizard of Oz. She has won Nickelodeon Kids' Choice Awards in Argentina, Colombia, and Mexico. In addition to being a singer she also plays the drums.

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In Monterrey, California, at an auction by RM Sotheby's, a 1962 Ferrari 250 GTO became the most expensive classic car ever sold. As a press statement from RM Sotheby's on the sale makes clear, the energy in the room where the auction took place was highly charged even before the bidding on the car began:

"There were cheers and applause when five-time Le Mans winner Derek Bell stepped out of the car after driving it across the auction block in front of an overflowing salesroom, followed by gasps as auctioneer Maarten ten Holder opened the bidding at the unprecedented level of $35 million."

ADRIAN DENNIS/AFP/Getty Images

The three top bidders competed over the phone to possess the car, with bidding going up and up, sometimes in million dollar increments, for ten minutes as the overflowing capacity crowd watched. The winner, whose identity has not been released, reached the final bid of $44 million, on top of which was added another $4.4 million in auction fees. Those fees weren't necessary to make the sale a record-breaker though, as RM Sotheby's says that the older record was broken by more than $10 million.

While the new owner of the car, which is one of just 36 250 GTOs made by Ferrari in 1963 and 1964, is still anonymous, the previous owner's identity is a matter of record. He's Dr. Gregory Whitten, Numerix Software Chairman and well known enthusiast for both Ferrari and vintage race cars in general. Bloomberg reports that he purchased the car in 2000, when market prices for vintage Ferraris were at around $10 million.

The 1962 Ferrari 250 GTO, chassis no. 3413 GT is described by RM Sotheby's as having been "long considered to be the 'holy grail' of the collector car world," a fact which accounts for the considerable attention and interest attracted by the auction and its results. The final, record-breaking price for this holy grail, including auction fees, comes to $48,405,000.

Read more: 1962 Ferrari 250 GTO Smashes All-Time Classic Car Sale Record

Retired NBA star Kevin Garnett just filed a lawsuit against his former accountant Michael Wertheim and his employer, CPA firm Welenken Partners. The alleged crime? Stealing. The amount? $77 million. At this point we need to say that these are allegations at this time. The defendants are already "vigorously" denying the charges and planning to fight. The lawsuit was just filed today and will likely meander its way through the legal system over the next year or more, unless it somehow gets settled (doubtful). Here are the details that we have today:

Kevin filed a federal malpractice lawsuit against Kentucky-based accountant Michael Wertheim and his firm Welenken Partners. According to the court filings, Werheim prepared financial statements, added his own name to bank accounts holding Kevin's money and put himself down as a registered agent for companies in which Kevin held financial interests. None of that is shady or unusual for an accountant on its surface. For example, my accountant has the ability to sign into various tax portals as my representative to make sure payments are up to date.

Kevin alleges that Wertheim "worked in concert" with an Atlanta-based man named Charles Banks IV to put him on an allowance and set monthly/yearly budgets that the star was encouraged to follow. Again, on the surface this isn't bad or unusual.

The name Charles Banks IV may ring a bell. He's former financial advisor who Tim Duncan sued back in 2015 for stealing $20 million. Banks, who had been one of Duncan's closest friends for over a decade, sunk millions of dollars into a wide variety of shaky investments. He invested Duncan's money in a cosmetics company, hotels and several wineries, none of which were financially sound.

Worst of all, Banks was the owner, or at least part owner, of many of these bad investments. So it was basically like, "Hey, I own these terrible assets. I'm gonna "invest" my client's money into them and maybe that will turn things around." But they didn't turn around. They went bankrupt. To top it all off, Duncan was convinced to loan $7.5 million to a company called Gameday Entertainment LLC, which Banks reportedly used for nothing more than his own personal benefit.

The Garnett lawsuit claims that Wertheim sat back and did nothing while his money was withdrawn and invested in Banks' schemes. Or maybe worse. Maybe he didn't sit back and do nothing. Maybe he actively moved Garnett's money over to Banks. Either way, it doesn't appear proper.

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In June 2017, Charles Banks was sentenced to four years in federal prison and was ordered to pay $7.5 million in restitution to Tim Duncan.

But to be clear, Banks was not named as a defendant in Kevin Garnett's lawsuit. The lawsuit claims that accountant Michael Wertheim, and by proxy Welenken Partners, enabled Charles Banks to defraud Garnett. The lawsuit claims that Wertheim knew that Banks was taking Garnett's money and didn't do anything.

"Banks intentionally looted Garnett of his earnings and assets for many years, including the many years that Welenken and Wertheim provided accounting services to Garnett and his business interests… [Werthiem] took direction from Banks and for some reason chose to have virtually no contact with Garnett."

As his accountants, Welenken should have been looking out for Kevin's best interests. And if $77 million was truly "invested", that should have been a caught and disapproved.

Kevin Garnett, who retired from the NBA in 2016, is actually the highest-earning NBA player of all-time in terms of salary alone. His career salary total is $334.3 million. That tops the #2 all-time earner Kobe Bryant by $11 million. At his peak, Kevin earned $28 million a year from salary and another $10 million per year from endorsements.

If he really lost $77 million, that would be roughly 23% of all the money Kevin earned on the court during his time in the NBA. BUT when you factor in taxes, which would be appropriate because that $77 million is post-tax, it's more like 45% of all the money Kevin earned. Astounding. According to ESPN's Darren Rovell, "this would be the highest single relationship fraud in sports history."

Read more: Kevin Garnett Is Suing His Former Accountants For (Allegedly) Stealing $77 MILLION

Rodney Allen Rippy net worth: Rodney Allen Rippy is an American former child actor who has a net worth of $300 thousand. Rodney Allen Rippy was born in Long Beach, California in July 1968. He is best known for starring in commercials for Jack in the Box in the early 1970s. As an actor Rippy made his film debut in the movie Blazing Saddles in 1974. During his career he has appeared in episodes of the TV series The Harlem Globetrotters Popcorn Machine, Marcus Welby, M.D., Medical Center, The Six Million Dollar Man, Police Story, Most Wanted, Laugh-In, Vega$, Parker Lewis Can't Lose, Howie Goes to Hollywood, and The Grindhouse Radio. Rodney Allen Rippy has also appeared in the movies Oh, God! Book II, Checking the Gate, Dickie Roberts: Former Child Star, Flowers in the Snow-FTP, and To the Top. He is a partner in Bow Tie Productions and briefly ran for mayor of Compton, California in 2013.

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Mari Morrow net worth: Mari Morrow is an American actress, model, and Realtor who has a net worth of $400 thousand. Mari Morrow was born in Miami, Florida in February 1968. As an actress she had had recurring roles on the television series One Life to Live as Rachel Gannon, In the House as Amber, Family Matters as Oneisha, The Parkers as Desiree Littlejohn, and Soul Food as Nyla. Mari Morrow has appeared in several films including Children of the Corn III: Urban Harvest, Bodily Harm, Virtuosity, How to Be a Player, Dead Man on Campus, Uninvited Guest, House Party 4: Down to the Last Minute, National Security, Restraining Order, Traci Townsend, Pastor Brown, Road Trip: Beer Pong, Big Mommas: Like Father, Like Son, 35 and Ticking, and more. She has also appeared in episodes of the TV series Baywatch, The Fresh Prince of Bel-Air, Living Single, Malcolm & Eddie, The Jamie Foxx Show, Conan, Sister, Sister, The Twilight Zone, The District, Everybody Hates Chris, and more.

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Glen Benton net worth: Glen Benton is an American death metal musician, singer, and songwriter who has a net worth of $400 thousand. Glen Benton was born in Niagara Falls, New York in June 1967. He is best known for being the lead vocalist and bassist of the death metal band Deicide in addition to the band Vital Remains. Benton is known for his high shrieks and low guttural growls. He grew up in Tampa, Florida and formed Deicide with guitarist Ben Hoffman in 1987. The group has been the subject of bans, criticism, and lawsuits from religious groups as well as the general public for their lyrics. They released their self-titled debut studio album in 1990 and have released a total of 11 albums. Glen Benton has been featured on two albums by Vital Remains and has made guest appearances with artists including Cancer, Cannibal Corpse, Napalm Death, Transmetal, Roadrunner United, and Belphegor.

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Dan Povenmire net worth: Dan Povenmire is an American television director, writer, producer, voice actor, and storyboard artist who has a net worth of $6 million. Dan Povenmire was born in San Diego, California in September 1963. He is best known for co-creating the Disney animated television series Phineas and Ferb. Povenmire provides the voice of the character Heinz Doofenshmirtz on the show. He worked as a storyboard artist on the film Never on Tuesday and played Yellow Teeth on the movie Going Overboard. Dan Povenmire was an animator on the movie Far Out Man and a storyboard artist for the film The Dark Backward. He was a writer for the movie Psycho Cop 2 and wrote, directed, produced, and provided voice work for the movie Phineas and Ferb: Across the 2^nd Dimension. He has worked on several TV series including Teenage Mutant Ninja Turtles, The Simpsons, Rocko's Modern Life, The Critic, Hey Arnold!, CatDog, Family Guy, and Spongebob SquarePants. Dan Povenmire also co-created the series Milo Murphy's Law which he has worked as executive producer, voice artist, director, songwriter, and more.

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Merle Allin net worth: Merle Allin is an American musician and singer who has a net worth of $100 thousand. Merle Allin was born in Concord, Vermont in September 1953. He is the older brother of former punk rock singer and songwriter GG Allin. Merle Allin was the bassist for three bands that featured his brother including Malpractice, The AIDS Brigade, and The Murder Junkies. He was featured in the documentary Hated: GG Allin and the Murder Junkies which was directed by Todd Phillips. Merle Allin also played in the punk band Thrills as well as the band Cheater Slicks. The Murder Junkies formed in 1990 and broke up in 199 before reforming in 2003. Merle Allin and his mother Arleta are the subject of a documentary film by Sami Saif that began production in 2016. He acted in the 1996 movie Tromeo and Juliet and appeared in the films It Came from Trafalgar and Living the American Nightmare.

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Bruce Foxton net worth: Bruce Foxton is an English singer, songwriter, and musician who has a net worth of $8 million. Bruce Foxton was born in Woking, Surrey, England in September 1955. His career began in 1972 and he became known for being the bassist and backing vocalist of the band the Jam. The band was active from 1972 to 1982. Their debut studio album In the City was released in 1977 and reached #20 in the UK. The Jam released the album This Is the Modern World in 1977 which reached #22 in the UK. Their album All Mod Cons was released in 1978 and reached #6 in the UK. The Jam released the album Setting Songs in 1979 which reached #4 in the UK. Their album Sound Affects was released in 1980 and reached #2 in the UK as well as in New Zealand. Their final album The Gift was released in 1982 and reached #1 in the UK. Bruce Foxton released the solo studio albums Touch Sensitive in 1984, Back in the Room in 2012, and Smash the Clock in 2016.

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Lara Jill Miller net worth: Lara Jill Miller is an American actress who has a net worth of $3 million. Lara Jill Miller was born in Allentown, Pennsylvania in April 1967. She has more than 100 acting credits to her name and her first role came starring as Sam Kanisky on the television series Gimme a Break! From 1981 to 1987. From 2000 to 2001 she provided the voice of Kari Kamiya on the TV series Digimon Adventure 2. She also provided voicework on the TV series Digimon: Digital Monsters from 1999 to 2002 and had a recurring role as Kathy on the series The Amanda Show from 2000 to 2002. Lara Jill Miller voiced the role of Clifford the Puppy on the television series Clifford's Puppy Days from 2003 to 2006. From 2005 to 2007 she provided voices for the TV series The Life and Times of Juniper Lee. She has also provided voices for several other TV series including Wow! Wow! Wubbzy!, Winx Club: Enchantix, SciGirls, Curious George, Henry Hugglemonster, Doc McStuffins, If You Give a Mouse a Cookie, The Loud House, and more. Lara Jill Miller has won multiple Behind the Voice Actors Awards.

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Erik Everhard net worth: Erik Everhard is a Canadian pornographic actor and director who has a net worth of $1.5 million. Erik Everhard was born in Calgary, Alberta, Canada in December 1976. He is known for his work in the gonzo pornography genre. In 1999 he moved to Los Angeles, California to pursue his acting career and then he began directing videos in 2001. Everhard sued production company Redlight in 2005 for breach of contract, conversion, claim and delivery, and accounting and won the lawsuit. He has more than 1,600 acting credits to his name and more than 100 directing credits. Erik Everhard also has more than 30 production credits. He has his own production company Erik Everhard Entertainment. He has received several awards and was inducted into the XRCO Hall of Fame in 2010 and the AVN Hall of Fame in 2012. Erik Everhard has also been nominated for an addition 70 plus awards.

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The Denver Broncos parted ways with former first-round pick Paxton Lynch earlier this month. The move came after Denver claimed quarterback Kevin Hogan off waivers. Lynch had already fallen to the third-string quarterback, and the signing of Hogan sealed his fate.

Drafting Lynch proved to be a costly move for the Broncos. Between his salary and "dead money" salary cap charges, the team will ultimately spend $8,333,593 on a player who started just four games.

Lynch didn't wow anyone in those games, either. He won just one of them, and finishes his Denver tenure going 79-for-128 (a completion percentage of 61.7%), four touchdowns and four interceptions.

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In essence, each pass attempt from Lynch cost the Broncos a shade over $65,000.

The Broncos haven't had much success in the draft over the past two years. Lynch was the 26th pick of the first round in the 2016 draft. And the team has already cut half of their 2017 draft class – just one season after drafting them.

Ironically, Hogan, Lynch's replacement, was also taken in the 2016 draft – 136 spots after Lynch was selected.

We'll see if another team takes a chance on Lynch. But for now, he leaves Denver on a dubious note: his four games started are the fewest for a first-round quarterback in more than 20 years.

For John Elway and the Broncos, this proved to be a costly mistake.

Read more: Paxton Lynch Started Just Four Games With The Broncos But Will Cost The Team $8.3 Million

It would be an understatement to say things between Le'Veon Bell and the Pittsburgh Steelers are tense. Bell has missed all of training camp and the preseason after holding out for the second year in a row. The Steelers have placed the franchise tag on Bell once again, which is worth $14.5 million.

Bell believes he's worth a lot more than that. In fact, he's so convinced that he's willing to sit out for multiple games to prove it.

The 26-year-old running back has until 4 p.m. ET on Saturday to report to the team. If he doesn't, he'll lose $852,941 for each week he misses.

Bell's teammates are starting to turn on him, too. Steelers center Maurkice Pouncey expressed disappointment that Bell was playing "hide and seek" and wished he'd be honest about his intentions. Guard Ramon Foster said Bell "doesn't give a damn" and is already making seven times more than what Foster is.

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Negotiations between Bell and the Steelers started at $13 million, but Bell wanted more, both in terms of money and length. He needs to return to the team by Week 11 to become a free agent next season.

On the one hand, Bell's decision makes sense. If he knows he's entering free agency next season, why take a risk on an injury or racking up another 400-some touches? Bell touched the ball a league-high 406 times last season. The Steelers would likely use him the same amount this year.

On the other hand, the market for running backs isn't nearly as strong as it once was. Sure, Todd Gurley got a $60 million deal from the Rams, but he's the exception to the rule. Would a team be willing to invest much more in Bell than what the Steelers offered?

In the meantime, the Steelers are preparing for life without Bell. Second-year running back James Conner has drawn praise during training camp and preseason play. He'll have big shoes to fill – but someone needs to step up in Bell's absence.

Read more: If He Continues Holding Out, Le'Veon Bell Will Lose Nearly $853,000 – Per Week

Drew Brees is one of the most successful passers in NFL history, holding a handful of team and league records. But off the field, he's engaged in a legal battle that might be even more painful than a defensive end sacking him.

Brees is suing Vahid Moradi, his old jeweler, claiming the company has cost him millions of dollars over several years.

The biggest offender: a 4.09 carat diamond Brees originally bought in 2015 for $8.1 million. The quarterback believed the jeweler was overvaluing the diamond, and he took it to a third-party appraiser.

That appraiser offered a value of $2 million – about four times less what Brees paid for it. Cutting his losses, Brees eventually sold the diamond for $3.75 million this spring.

Jayne Kamin-Oncea/Getty Images

Complicating matters, though, is the fact that the man who appraised the diamond received a commission for brokering the deal with the new buyer. If that seems suspect to you, you're not alone. Vahid Moradi attorney Eric George felt the same way, and discovered something interesting after a little digging.

There was a pretty amazing interaction during a recent deposition in which attorney Eric George asked Drew:

"Would it surprise you to know that it's being offered right now at a wholesaler's for $6.8 million?"

Drew's response according to the court transcript was:

"[Brees shakes his head]"

Apparently that same diamond, the one that Drew bought for $8m then sold for $3.8m, is currently being sold for $6.8 million at a wholesaler. And were it to be sold at a retail store like Tiffany, it could fetch up to $10 million.

Of course, that's just the current asking price for the diamond, not what it'll actually sell for. However, it doesn't change Brees's stance that he feels cheated by the jeweler.

The court case will likely drag out over the course of this season. In the meantime, we'll just have to see where that diamond ends up.

Read more: Drew Brees' Multi-Million Jewelry Lawsuit Is Heating Up!

John D. Rockefeller is the richest American who ever lived. At the time of his death in 1937, Rockefeller was worth the equivalent of $340 billion in today's dollars. His company, Standard Oil, dominated American oil production and was eventually broken up by the U.S. government for being a monopoly. Standard Oil was broken into smaller companies that you probably recognize today: Amoco, Chevron, and ExxonMobil. Rockefeller was the first American to ever make $1 billion.

Rockefeller's billionaire lifestyle more than a century ago wasn't so different than today's billionaires. He liked fast cars. Of course, the cars of more than a century ago were not fast by today's standards. He was against labor unions and pro-monopoly. He was also a bible thumper and against a government safety net. Whether you agree with his views or not, you cannot deny that by any measurement he was a success with a vast fortune. In fact, there were 14 tenets that Rockefeller lived by in business. Ten of them continue to ring very true today, nearly 100 years after his death.

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#1. A friendship founded on business is better than a business founded on friendship.

#2. Don't be afraid to give up the good to go for the great.

#3. Don't blame the marketing department. The buck stops with the chief executive.

#4. Good leadership consists of showing average people how to do the work of superior people.

#5. I believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living.

#6. If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.

#7. If your only goal is to become rich, you will never achieve it.

#8. Singleness of purpose is one of the chief essentials for success in life, no matter what may be one's aim.

#9. There is no other quality so essential to success of any kind as the quality of perseverance.

#10. Thrift is essential to well-ordered living

Read more: Advice From Billionaire John D. Rockefeller, The Richest American Who Ever Lived

Colin Kaepernick has a lot of eyes on him since it was revealed that he signed a new contract with Nike in order to serve as a face of its "Just Do It" 30th anniversary campaign. But he's remained focused on his career as a social activist, and he's already donated more than a million dollars of his NFL earnings to various social justice and educational causes over the last year.

Kaepernick's last professional time on the field was in 2016, and when he found himself without a job in the NFL in the following year, he pledged to donate $1 million to a variety of different charitable causes. It ended up taking him about a year and a half to complete the pledge and then some, finishing off with what he called the #10for10 pledge, in which he donated $10,000 to ten different charitable organizations, inviting celebrities including Usher, Steph Curry, Kevin Durant, Serena Williams, and more to match his gifts in the process. Per his website:

"When Colin Kaepernick got down to the final $100,000 of his Million Dollar Pledge, he asked 10 of his friends to choose organizations that he should donate to. Shortly after, he rolled out his last $10k per day over the span of 10 days, and those same 10 friends matched one of his final donations per day!"

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It hasn't come out exactly how much his new deal with Nike will be worth, but it does include donations from Nike to Kap's own "Know Your Rights" campaign, which will go towards raising "awareness on higher education, self-empowerment, and instruction to properly interact with law enforcement in various scenarios."

Kaepernick's $1 million pledge came out of his NFL earnings, though. While employed with the league, he made a little bit over $43 million across six seasons, and now he's said to have his eyes on getting another quarterback job with an NFL team.

Read more: Colin Kaepernick Has Donated $1M Of His NFL Earnings To Charity

Almost exactly four years ago, a company called Alibaba went public on the New York Stock Exchange. It was a company that the vast majority of Americans have never heard of, and certainly had never used. Yet, at the end of its first day of trading, Alibaba had a market cap of $230 billion. It is the largest IPO in history to this day. The IPO instantly turned company founder and CEO Jack Ma into the richest person in China with a net worth of $27 billion. Alibaba's stock performed very well over the next four years and is currently worth $400 billion, leaving Jack Ma with a net worth $44 billion. That's enough to make Jack one of the 15 richest people on the planet. He is arguably at the peak of his game. He's young, he's healthy, his company is thriving… so what does he decide to do? Retire of course!

Bloomberg and the New York Times are reporting today that on Monday Jack Ma plans to announce he is stepping down from his company Alibaba and essentially retiring from business for life. He intends to dedicate his time and fortune on philanthropy and teaching.

He told Bloomberg that he could learn lot from Bill Gates' life example but is intentionally getting started with retirement earlier than the Microsoft founder. Ma explained:

"I can never be as rich [as Bill Gates], but I can retire earlier!"

Bill Gates stepped down as CEO of Microsoft in 2000, at the age of 44 but he stayed very much involved in the business as Chairman until 2014, when he was 58. So Jack is 53 years old today but turns 54 on Monday. So he's essentially getting a 4 year head start on Gates.

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Jack also said he was looking forward to getting back to teaching. Explaining:

"This is something I can do much better than being CEO of Alibaba."

Focusing on education isn't much of a surprise considering that Jack is a former English tutor who actually failed his college entrance exams, TWICE before finally being admitted to a teachers college. His first job out of school was working as an English tutor for $15 per month.

Ma parlayed his tutoring into a part-time job as an interpreter for Chinese and American businessmen. He traveled to the U.S. for the first time in the mid-90s as an interpreter for a trade delegation in Seattle. While on this trip, a friend showed Jack the internet for the first time. He was mesmerized and changed forever. Jack quickly created a web page for his translation business. The very next day he received five inquiries for his services.

Next Jack founded a directory of various Chinese companies looking for customers abroad.  He called it China Pages and it was China's first internet business. China Pages ended up being a flop. That did not deter Jack.

In 1999, Jack brought 18 friends and family members together in his apartment and spent two hours pitching them his vision. Every single person bought-in and in the end Jack raised a total of $60,000 to start Alibaba. He chose the name Alibaba for its association with "Open, Sesame," the command that Ali Baba used to open doors to hidden treasures in One Thousand and One Nights.

The rest is history. Today Alibaba is worth over $400 billion and has expanded into a thousand industries including film production.

Jack wouldn't say exactly what he's planning to do with his time and money, but he did indicate that he has been thinking about a Jack Ma Foundation for over a decade. It will certainly be interesting to see what he has up his sleeve!

Read more: Jack Ma – The Richest Person In China – Is Stepping Down From His Company Alibaba To Focus On Philanthropy And Teaching

CBS Chairman & CEO Les Moonves is reportedly in talks with the board at CBS to arrange his exit from the company following widely publicized allegations of sexual misconduct. Negotiations between Moonves and CBS have been reportedly going on "for some time," and he's now being offered an exit package largely made up of company stock said to be worth between $100 million and $125 million.

Under the terms of his current contract with CBS, Moonves "is due as much as $180 million in severance and a production deal," but the CBS board is also said to be eyeing a way for them to "claw back some of the" $100 million exit package in the event that the allegations against Moonves are confirmed to their satisfaction.

Mike Windle / Getty Images

Les Moonves makes around $70 million a year in his current position at CBS, where he's been in one executive capacity or another since 1995. In the event that he does indeed step down at CBS, it's presumed that his successor Joseph Ianniello will serve as interim CEO until an indefinite replacement is found. As of this writing, no one affiliated with CBS or with Moonves have commented publicly on the ongoing negotiations between the two.

And there's an update to this article. In the time that our article was being finalized and reviewed, a new article was published by the New Yorker featuring six additional women coming forward with assault and harassment claims against Moonves. As a result, CNN is reporting that Moonves will announce his departure from CBS imminently.

In reaction to early reports that Moonves was negotiating an exit package that could be worth north of $100 million, several accusers expressed outrage that the longtime mogul could be so enriched from the scandals. One of his accusers, a woman who claim Moonves forced her to perform oral sex on him in the 1990s said:

"He should take all that money and give it to an organization that helps survivors of sex abuse."

Moonves acknowledged three of the new allegations but claimed they were all consensual. His statement read:

"The appalling accusations in this article are untrue. What is true is that I had consensual relations with three of the women some 25 years ago before I came to CBS. And I have never used my position to hinder the advancement or careers of women. In my 40 years of work, I have never before heard of such disturbing accusations. I can only surmise they are surfacing now for the first time, decades later, as part of a concerted effort by others to destroy my name, my reputation, and my career. Anyone who knows me knows that the person described in this article is not me."

To make matters slightly more complicated, Moonves and CBS are currently locked in a war with the company's main shareholder, National Amusements. National Amusements is the private holding company of Shari and Sumner Redstone. Share is Sumner's daughter. Shari is currently the President of National Amusements as well as Vice-Chairwoman of Viacom and CBS. She took control of the family business in 2016 when her father was deemed mentally unfit. The Sumners own 79.8% of the Class A common voting stock of  Viacom Inc and 10% of the Viacom's overall equity. They also own 79.5% of the Class A common voting stock of CBS and 9.1% of CBS.

In January 2018, Shari began pushing for CBS to merge with Viacom which was vehemently resisted by Moonves and the CBS board. Moonves actually pushed the CBS board to dilute its stock to enable them to oust the Redstones as controlling shareholders. The two sides eventually reached an agreement where National Amusements would retain its 80% voting stake in CBS while also agreeing to not force the merger with Viacom. National Amusement would be allowed to push CBS to form a new board. It was seen as a nearly total victory for Shari Redstone.

And there's another update!

At round 8pm EST CBS announced that Les Moonves had stepped down after these new allegations surfaced. That's not all. CBS is saying that they are withholding all financial packages pending an investigation into the harassment allegations. CBS and Moonves are also immediately donating $20 million to organizations that support the #metoo movement. That money will be deducted from any future compensation Monves ends up receiving.

Read more: CBS Reportedly Offering Les Moonves $100-180 Million Exit Package As Six Women Come Forward With New Assault Allegations