Sigge Eklund net worth: Sigge Eklund is a Swedish novelist, television producer, and screenwriter who has a net worth of $5 million. Sigge Eklund was born in Stockholm, Sweden in April 1974. He co-hosts the most popular podcast in Sweden called Alex & Sigge's podcast which has more than 500 thousand weekly listeners. He is the son of economist Klas Eklund and his brother is real estate broker Fredrik Eklund. Sigge Eklund's most popular novel is Det ar 1988 och har precis borjat snoa which translates to It's 1998 and it just began snowing. He has also authored the novels Synantrop: en karlekshistoria, Den sista myten, and Varulvsvaisen. He produced the Swedish Academy Awards in 2011 and has produced or written for the short Celebrating Lennart and Hombres as well as Franvarande. Sigge Eklund has served as editor of the television series NittiLeaks in 2011 and of Schulman Show in 2012.

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Alvy Ray Smith net worth: Alvy Ray Smith is an American computer scientist who has a net worth of $50 million. Alvy Ray Smith is best known for co-founding the Computer Division of Lucasfilm as well as co-founding Pixar. He played an important role in helping expand computer animation into feature films in the 1980s and 90s. Alvy Ray Smith earned his Ph.D. In computer science at Stanford University. He joined the Computer Graphics Library at New York Institute of Technology and was a founding member of the Lucasfilm Computer Division. He created the Genesis Demo in The Wrath of Khan. In 1986 he co-founded Pixar with financing from Steve Jobs. Smith cofounded Altamira Software in 1991 and left Pixar. In 1994 he became the Graphics Fellow at Microsoft until he retired in 1999. He wrote and directed the short Andre and Wally B. in 1984 and won two Academy Awards for Scientific and Engineering.

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James Burton net worth: James Burton is an American guitarist who has a net worth of $4 million. James Burton was born in Dubberly, Louisiana in August 1939. He was inducted into the Rock and Roll Hall of Fame in 2001 with his induction speech given by Keith Richards. He is also a member of the Musicians Hall of Fame and Museum and the Rockabilly Hall of Fame. James Burton has performed and recorded with many popular singers including Bob Luman, Ricky Nelson, Dale Hawkins, Elvis Presley, Johnny Cash, The Everly Brothers, Glen Campbell, Merle Haggard, Gram Parsons, John Denver, Judy Collins, Emmylou Harris, Claude King, Jerry Lee Lewis, Joe Osborn, Elvis Costello, Joni Mitchell, Roy Orbison, Steve Young, Townes Van Zandt, Suzi Quatro, Allen "Puddler" Harris, Vince Gill, and more. He was the leader of Elvis' TCB Band. He wrote and played the guitar solo on the Dale Hawkins song "Susie Q" which was named one of the 500 Songs that Shaped Rock and Roll by the Rock and Roll Hall of Fame.

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Warren Buffett still lives in the modest house he bought in the late 1950s for $31,500. Bill Gates wears a $10 watch. Mark Zuckerberg drives a VW GTI. Jeff Bezos drove a Honda Accord for years after becoming a billionaire. IKEA founder Ingvar Kamprad bought his clothes at thrift stores and drove the same Volvo for 20 years before he died. There is something appealing about these stories. Perhaps it is a case of being able to relate to these enormously wealthy people in some small way. Or perhaps it is a case of justifying our purchases. If Mark Zuckerberg is happy with a modest car, why shouldn't we be?

The problem with this line of thinking is it creates a divide between so called good rich people and bad rich people. Good rich people don't flaunt their wealth. Frugality is one way people evaluate whether a rich person is morally good or morally bad. It is something we can wrap our minds around easier than the staggering balances in billionaire bank accounts. As a rule, frugality is praised, whether one is rich or not. It is a sign of self-control.

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Consider the opposite of frugality—the rich kids of Instagram—teens and 20-somethings who brag about and show off their families' wealth on social media. OrDan Bilzerian, "Instagram's Playboy King," another example of the bad rich, thanks to his seemingly never ending stream of photos that highlight a lifestyle filled with private jets, stacks of cash, yacht parties, expensive cars, and lavish parties.

The danger in thinking that frugal rich people are better than other rich people lies in what this idea hides. Sure, Mark Zuckerberg is well known for his jeans, t-shirt, and hoodie wardrobe, but his hoodies are not $15 Kmart specials. They are $2,000 cashmere hoodies.

What this line of thought also does is put these billionaires' extreme wealth into better focus. It makes it aspirational. In an interview with Time in 2017, Mark Cuban said that anyone who wants to become wealthy should save aggressively and not spent money on anything but the essentials.

"I did things like having five roommates and living off macaroni and cheese and I was very, very frugal. I had the worst possible car — those kinds of things."

This lends itself to the mindset that anyone who stays the course and saves enough money can be rich. The problem with this is that it ignores the societal issues that keep poor people poor in the first place. Being frugal is offered as a simple solution to a complicated issue.

Besides, YOLO and all of that. Do you really want to be so frugal that you deprive yourself of vacations and fun? You could get hit by a bus tomorrow.

Read more: Why Do We Find "Frugal" Billionaires So Endearing And Appealing?

Russian billionaire Dmitry Rybolovlev has spent more than $2 billion on works of art purchased from the Sotheby's auction house, by well known masters like Pablo Picasso, Gustav Klimt and Leonardo da Vinci. Paintings by figures like that are often described as priceless, but a new lawsuit filed by Rybolovlev against the auction house alleges quite the opposite, and claims that Sotheby's ripped him off by charging him too much for many of the 38 paintings, swindling him out of some $1 billion in the process.

As reported by The Telegraph, the lawsuit is the latest blow in what is described as a "long feud with a Swiss dealer" named Yves Bouvier, who Rybolovlev says swindled him by inflating the prices of several masterpieces while under his employ, chief among them Leonardo's Christ painting Salvator Mundi. Bouvier is the infamous backroom art dealer involved in the so-called "Bouvier affair," and is under investigation by Swiss authorities for fraud. At the center of this affair are the sales of Salvator Mundi, first by Bouvier for $75-80 million and then to Rybolovlev for $118 million. According to Rybolovlev's complaint, that kind of price inflation was business as usual for Sotheby's and Bouvier:

"[Sotheby's] knew the actual prices Bouvier paid to the sellers and the fraudulently inflated prices Bouvier induced Plaintiffs to pay to him."

VALERY HACHE/AFP/Getty Images

However, Sotheby's released a statement of its own, denying Rybolovlev's allegations and calling the lawsuit unnecessary and pointless:

"The false allegations that Mr Rybolovlev is making are already being litigated in the Swiss courts, which is the appropriate venue for this case."

Bouvier himself has also chimed in, claiming he was not in fact officially employed by Rybolovlev and was simply selling him paintings he had purchased on his own, and thus was under no obligation to keep the prices congruent.

Rybolovlev lucked out with Salvator Mundi, selling the painting for a huge profit at $450 million, but says he's sold many of his other paintings at a loss, presumably due to Sotheby's and Bouvier's price fixing efforts.

Read more: Russian Billionaire Sues Sotheby's For $380 Million Over Alleged Price Fixing

Hong Kong's Peak neighborhood is exclusive and home to some pretty pricey estates. One recently went on the market for $446 million. If it sells for that, it could break the record for the most expensive home sold in Hong Kong. It may even be the most expensive house for sale in all of Asia. It has been on the market since April. Prior to being put up for sale, the home was available to rent.

Hong Kong is home to more ultra-wealthy people than any other city in the world. As a result, prices of real estate are increasing, especially in the luxury market. Hong Kong was named the prime luxury market in the world for the second year in a row by Christie's International Real Estate. The city had the first and second most expensive home sales of 2017. A property in the Peak neighborhood sold in January 2017 for $360 million to Yeung Kin-man, a technology billionaire. In March 2018, a buyer bought a home in the Peak for $178.4 million – that works out to $19,400 per square foot – making it the most expensive residential sale in Asia.

Photo via Christie's International Real Estate/Wikimedia Commons

However, this $446 million home could absolutely annihilate those previous records. The four bedroom, four bathroom home sits on a 7,725 square foot lot on Middle Gap Road, one of the most exclusive gated communities in Hong Kong. The home is surrounded by a dense forest with views of the peak above, the dramatic skyline of Hong Kong, and the sea below, depending on where you are in the house. The home was built in 1991 in the colonial style. It has a swimming pool and a chef's kitchen.

The house's neighborhood, the Peak, is short for Victoria Peak. It is one of the most expensive residential neighborhoods in not just Hong Kong, but the world. It is home to Chinese millionaires and billionaires, celebrities, bankers, business tycoons, and wealthy expatriates. Over the past decade, three of the streets in the neighborhood have claimed the title of the world's most expensive street. Alibaba's Jack Ma is rumored to have bought a home in the neighborhood in 2015 for $191 million.

The inventory of homes in the Peak is very limited. In fact, Hong Kong as a whole is in the middle of a serious housing crisis. Tens of thousands of people pay around $2000 a month to live in tiny homes that are literally the size of coffins. Part of the issue stems from the small amount of land Hong Kong actually has.

Hong Kong has been the least affordable housing market for eight years in a row.

Read more: A $446 Million House Hits The Market In Hong Kong – And It Is Surprisingly Modest

Michael "The Situation" Sorrentino, famous from his stint on the once popular MTV reality show Jersey Shore, has been sentenced for his crimes related to tax evasion on some $9 million in income. The Associated Press reports that a federal judge recently hit Sorrentino with an eight month prison sentence for his tax evasion efforts.

Sorrentino pleaded guilty to one count of federal tax evasion, admitting to concealing his income from federal authorities in 2011 by making cash deposits under $10,000, so as to avoid triggering federal income reporting requirements.

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In his statement to U.S. District Judge Susan Wigenton, Sorrentino said that he was in the process of "overcoming my demons and putting my life back together" after years of problems with addiction to drugs and alcohol, and that "Today I'm a man that I should have been years ago." Wigenton reportedly responded by commending The Situation on the progress he's made, but clarifying that that doesn't excuse his actions:

"With celebrity comes responsibility. Part of the cost of making money is you have to pay taxes. We all have to."

The eight-month prison sentence is a classic compromise between the prosecutor, who was seeking 14 months in prison for Sorrentino, and his own attorneys, who were looking for a probation sentence. Now, he is free on bail until he has to report to begin his sentence, and as of this writing it hasn't yet been reported when that might be.

The Situation was sentenced shortly after his brother Marc, who also pleaded guilty to a similar charge, and got a stiffer two year sentence in the bargain. The two brothers' accountant Gregg Mark, who has also pleaded guilty to the tax evasion charge levied against him, is still awaiting his own sentence.

Sorrentino appeared on all six seasons of Jersey Shore, which ran between 2009 and 2012.

Read more: Michael "The Situation" Sorrentino Gets 8 Months In Prison For Tax Evasion

Chloe Green net worth: Chloe Green is an English reality television personality, socialite and social media personality who has a net worth of $100 million. Chloe Green is the daughter of Sir Philip Green, a British retail billionaire. She is the older sister of Brandon Green who had Beyoncé perform at his bar mitzvah. In 2018 Chloe Green had her first child with Jeremy Meeks who has had trouble with the law. She is best known for starring on the reality TV series Made in Chelsea in 2011. She also appeared on the TV series documentary Panorama in 2016. As an actress Chloe Green has appeared in episodes of the TV series Doctors and Secrets and Words. Her father Philip Green is the chairman of Arcadia Group which is a retail company that includes several brands such as Topman, Topshop, and more. In 2011 Chloe shared a birthday party with her brother Matt in 2011 and Rihanna performed.

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Olympia Dukakis net worth: Olympia Dukakis is an American actress who has a net worth of $6 million. Olympia Dukakis was born in Lowell, Massachusetts in June 1931. She has more than 120 acting credits starting in 1951. From 2004 to 2005 she starred as Marge Barnett on the television series Center of the Universe. Dukakis has had several recurring roles on TV series including Sinatra, Tales of the City, More Tales of the City, Joan of Arc, Further Tales of the City, Bored to Death, Forgive Me, Sex & Violence, TripTank, and Switch. Olympia Dukakis has starred in several films including Moonstruck, Working Girl, Look Who's Talking, Steel Magnolias, Look Who's Talking Too, The Cemetery Club, Look Who's Talking Now, Mr. Holland's Opus, The Event, Cloudburst, and more. In 1988 she won an Academy Award for Best Actress in a Supporting Role for Starstruck. Dukakis won a Golden Globe Award in 1988 for Moonstruck. In 2013 she received a star on the Hollywood Walk of Fame at 6233 Hollywood Blvd. She was married to Louis Zorich until he passed away in 2018 and she is the cousin of Michael Dukakis.

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Le'Veon Bell net worth and salary: Le'Veon Bell is an American professional football player who has a net worth of $12 million. Le'Veon Bell was born in Reynoldsburg, Ohio in February 1992. He is a running back who also played basketball and ran track at Groveport Madison High School. Bell played college football at Michigan State. He won the Big Ten championship in 2010 and was a first-team All-American and first-team All-Big Ten in 2012. Le'Veon Bell was drafted #48 by the Pittsburgh Steelers in the 2013 NFL Draft and played his entire career with the Steelers through the 2017 season. He was selected to the Pro Bowl in 2014, 2016, and 2017. Bell was a First-team All-Pro selection in 2014 and 2017 and a second-team All-Pro in 2017. In 2018 he turned down a two year deal for $30 million. Pittsburgh put a franchise tag on him worth $14.5 million be Bell refused to sign it and held out for a better contract.

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Marshmello net worth: Marshmello is an American electronic music producer and DJ who has a net worth of $12 million. Marshmello was born in Philadelphia, Pennsylvania in May 1992. His musical genres include future bass, electronic, progressive house, and trap. He wears a helmet that resembles a marshmallow in public. Marshmello released his debut studio album Joytime in 2016 and it reached #5 on the US Dance chart. His second album Joytime II was released in 2018 and reached #1 on the US Dance chart. Marshmello's single "Silence" (featuring Khalid) reached #1 on the US Dance chart and the Top 5 in Australia, Belgium, Norway, New Zealand, Sweden, and the UK. His single "Wolves" (with Selena Gomez) also reached #1 on the US Dance chart and was a success in many countries. Marshmello's single "Friends" (with Anne-Marie) reached #1 in Germany and his single "Happier" (with Bastille) reached #1 on the US Dance chart. In 2018 he won a Billboard Music Award for Top Dance/Electronic Artist.

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Mashonda net worth: Mashonda is an American singer who has a net worth of $5 million. Mashonda was born in Boston, Massachusetts in January 1978. She is an R&B singer who married record producer Swizz Beatz in 2004. She also starred on the VH1 reality television series Love & Hip Hop: New York in 2011. Mashonda released the album January Joy in 2005. She also released the mixtapes The Renovation Series in 2009 and Love, Mashonda in 2012. Her debut single "Back of da Club" reached #86 on the US R&B chart and her single "Blackout" (featuring Snoop Dogg or Nas) reached #96. Mashonda was featured on the single "Girl's Best Friend" by Jay-Z which reached #19 on the US R&B chart. She has also been featured on songs by artists including LL Cool J, Jadakiss, Nate Dogg, DMX, Eve, Shyne, N.O.R.E., Lil' Kim, Swizz Beatz, Cassidy, Raekwon, Fat Joe, Omen, Karina Pasian, and Amanda Seales.

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Marion Hall net worth: Marion Hall is a Jamaican singer and songwriter who has a net worth of $1.5 million. Marion Hall was born in Galina, Saint Mary, Jamaica in July 1972. She is also known by her stage name Lady Saw and she is known as the Queen of Dancehall. Hall became the first female DJ to win a Grammy Award and the first to be a certified triple-platinum artist. Her styles also include reggae, R&B, gospel, and soul. She released her debut studio album Lover Girl in 1994 and the album Give Me The Reason in 1996. Hall's album Passion was released in 1997 and reached #8 on the US Reggae chart. She has also released the albums 99 Ways in 1998, Strip Tease in 2004, Walk Out in 2007, My Way in 2010, and Alter Ego in 2014. Her album When God Speaks was released in 2016 and reached #4 on the US Reggae chart. She is perhaps best known for being featured on the No Doubt single "Underneath It All" which reached #3 on the Billboard Hot 100.

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Hamish Blake net worth: Hamish Blake is an Australian comedian, actor, and author who has a net worth of $4 million. Hamish Blake was born in Melbourne, Australia in December 1981. He has been performing as one half of the duo Hamish and Andy with Andy Lee since 2003. In addition to performing live and on television they also host the radio program Hamish & Andy. Blake has been featured as a solo act on TV series including Spicks and Specks, Thank God You're Here, and Rove. He was featured at the 2008 Great Debate from the Melbourne International Comedy Festival. As an actor he starred as Billy on the series Twentysomething from 2011 to 2013. He has also starred in several TV series including Hamish & Andy, The 7PM Project, Hamish & Andy's Gap Year, True Story with Hamish & Andy, and more. Hamish Blake won a Gold Logie Award in 2012 for Hamish & Andy's Gap Year and has been nominated for multiple others.

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Paddy Considine net worth: Paddy Considine is an English actor, filmmaker, and musician who has a net worth of $4 million. Paddy Considine was born in Burton upon Trent, Staffordshire, England in September 1973. As an actor he has had recurring roles on the television series Peaky Blinders in 2016 as Father John Hughes and in the TV series Informer in 2018 as Gabe Waters. Considine has starred in several films including A Room for Romeo Brass, Last Resort, Born Romantic, 24 Hour Party People, Doctor Sleep, In America, Dead Man's Shoes, My Summer of Love, Cinderella Man, Stoned, Bosque de Sombras, Hot Fuzz, The Bourne Ultimatum, The Cry of the Owl, Submarine, Blitz, Girl on a Bicycle, The World's End, Pride, Macbeth, The Girl with All the Gifts, The Death of Stalin, Journeyman, Funny Cow, and more. He wrote and directed the movies Tyrannosaur and Journeyman. Paddy Considine has won BAFTA Awards for Dog Altogether in 2008 and Tyrannosaur in 2012.

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Football star Cristiano Ronaldo is one of the highest paid athletes in sports, with a lifetime contract reportedly worth $1 billion, with Nike alone. But that sponsorship as well as his contracts with other companies like EA Sports are in jeopardy following allegations against him by Kathryn Mayorga, who says Ronaldo raped her in a Las Vegas hotel room in 2009.

Police are now investigating Mayoraga's allegations, and Nike and EA have both made public statements indicating that they are watching the results of that investigation closely. Here's Nike's statement:

"We are deeply concerned by the disturbing allegations and will continue to closely monitor the situation."

Ronaldo has endorsement deals with a myriad of companies, including Heuer, Herbalife and American Tourister, but Nike and EA are the two biggest, and have correspondingly had the biggest response to the troubling news. For EA's part, they've removed Ronaldo's once ubiquitous image from much of their advertising and marketing materials, and released a statement of their own:

"We have seen the concerning report that details allegations against Cristiano Ronaldo. We are closely monitoring the situation, as we expect cover athletes and ambassadors to conduct themselves in a manner that is consistent with EA's values."

Football club Juventus signed Ronaldo only last summer, and the team released its own statement supporting Ronaldo on Twitter:

"Ronaldo has shown in recent months his great professionalism and dedication, which is appreciated by everyone at Juventus … The events allegedly dating back to almost 10 years ago do not change this opinion, which is shared by anyone who has come into contact with this great champion."

Christopher Furlong/Getty Images

Ronaldo himself denies the allegations, again taking to Twitter to do so:

"I firmly deny the accusations being issued against me. Rape is an abominable crime that goes against everything that I am and believe in. Keen as I may be to clear my name, I refuse to feed the media spectacle created by people seeking to promote themselves at my expense."

Obviously, it remains to be seen whether this accusation will damage Ronaldo in any way, or cost him any of his extremely lucrative endorsement contracts.

Read more: Nike And EA Express "Concern" Over Cristiano Ronaldo Rape Allegations

It's not one of the qualities that tends to get a lot of press in North America, but Russian president Vladimir Putin is a passionate opponent of alcohol in his country, with much of his political agenda over his 18 years as president going towards putting up barriers between sellers of alcohol and the Russian public. Which is why it's interesting, and surprising, that the country's newest billionaire, Sergei Studennikov, made his fortune in just that industry, as per a recent Bloomberg profile that describes him as an "ex bootlegger."

Studennikov's first discount liquor store was opened 12 years ago, located near the "gritty industrial hub" of Chelyabinsk. Today, Krasnoe & Beloe is the fastest growing retailer of any kind in Russia, with some 6,700 locations across the country. How has he managed to be so successful in such an unkind political and legal climate towards his business of choice? One factor is his Soviet-era savvy and a "knack for navigating complex rules."

Sean Gallup/Getty Images

Another factor is Krasnoe & Beloe's unusual business model, which Infoline chief Ivan Fedyakov says is "upending the whole supermarket industry":

"Alcohol has been the most profitable category for the largest food retailers, but Krasnoe & Beloe is disrupting the market. It's offering a wider range of beer, wine and spirits at lower prices and even taking on the grocery chains on their own turf by selling food."

Studennikov's fortunes don't just come from giving the people what they want in large varieties and low prices. He's also courted controversy for certain business practices that may be considered unethical:

"He drives a relentlessly hard bargain, with suppliers as well as his 100,000-plus employees. Former shop assistants, who are paid as little as 25,000 rubles ($380) a month in some regions, say they often had to pay for unsold inventory at the end of every month, a practice he's defended as motivational."

Despite his somewhat merciless business practices, Studennikov says he's not just in the liquor business for the money. He says he also wants to change what the Russian attitudes towards alcohol use, which he says trends toward drinking as a way to blot out the real world:

"Alcohol should be a flavor of life. Look at Italy and France, where people just enjoy wine and don't drink themselves to death."

Of course, Studennikov has made a ton of money in addition to whatever strides he has made towards guiding Russia towards a healthier attitude towards alcohol. He recently just made it into the billionaire sphere, where he seems perched right on the borderline of billionaire and not-quite-a-billionaire. In any case: He's doing very well.

Read more: Sergei Studennikov Became An Alcohol Billionaire In Russia, Amid Government Crackdowns On Liquor

Clare Bronfman net worth: Clare Bronfman is an American equestrian who has a net worth of $500 million. Clare Bronfman was born in Clifton Park, New York in 1979. She is the youngest daughter of the former Seagram chairman and billionaire Edgar Bronfman Sr.. Clare Bronfman's equestrian career began at 17 years old and it took her only three years to quality to compete at the elite level. She won her first competition in 2001. She went on to win several competitions and reached her highest career ranking of #12 in the United States and #80 in the world. Clare Bronfman was involved with the marketing company NXIVM's personal advancement program and Executive Success Program workshops. She was arrested in 2018 and was indicted for several federal charges regarding an alleged cult operated within NXIVM named DOS which including charges such as sex trafficking and conspiracy to commit forced labor. In July 2018 she was arrested and charged with identity theft and money laundering and was released on $100 million bond.

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Troy Garity net worth: Troy Garity is an American actor who has a net worth of $10 million. Troy Garity was born in Los Angeles, California in July 1973. From 2011 to 2012 he starred as Sam Miller on the television series Boss. One of his best known roles has come starring as Jason on the TV series Ballers beginning in 2015. Troy Garity had a recurring role as John Bianchi on the series The Playboy Club in 2011. He also had a recurring role on the television series Shooter in 2017. He made his debut at one year old in the film Introduction to the Enemy and has starred in several movies including Conspiracy Theory, Bandits, Barbershop, Soldier's Girl, Barbershop 2: Back in Business, After the Sunset, Gangster Squad, Barbershop: The Next Cut, and more. He has also appeared in episodes of the TV series House, Hawaii Five-0, Elementary, Shooter, and more. In 2004 he was nominated for a Golden Globe Award for Soldier's Girl. Troy Garity's mother is actress Jane Fonda.

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Ben Chestnut net worth: Ben Chestnut is an American internet entrepreneur who has a net worth of $2.1 billion. Ben Chestnut was born in Augusta, Georgia. He is best known for being the co-founder and CEO of the email marketing company MailChimp. He studied at the University of Georgia and the Georgia Institute of Technology. Chestnut co-founded the web design agency The Rocket Science Group and served as the CEO. Ben Chestnut was named Most Admired CEO by the Atlanta Business Chronicle in 2017 and MailChimp has 15 million users. He focuses on providing compensatory benefits for his company's employees. MailChimp was a side project that was founded in 2001 and Chestnut is a 50% owner along with co-owner Dan Kurzius. The company posted an expected annual revenue of $600 million in 2018 and has about 1,000 employees based in Atlanta, Georgia.

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