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An NBA Hall-of-Famer Could Have Owned $12 Billion Worth Of Nike… He Chose $100K

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In college, Spencer Haywood was one of the most formidable players around. He averaged 32.1 points and 21.5 rebounds during his sophomore season at the University of Detroit Mercy. That season was ultimately his last in college, as he joined the Denver Rockets of the American Basketball Association.

Haywood's strong play continued for the Rockets – he posted averages of 30 points and 19.5 rebounds. After the season, he signed with the Seattle Supersonics and sued the NBA so he could play in the league. At the time, league rules prevented a player from entering the NBA before his college class graduated.

On top of his early-career success, Haywood also won an Olympic gold medal in 1968. Seeing an opportunity, Nike, then a new, upstart company, approached Haywood. The company wanted Haywood to be a spokesperson for its shoes and offered him a creative offer: $100,000 upfront or a 10 percent stake in the company.

Scott Legato/Getty Images for Jalen Rose Leadership Academy (PGD Global Event)

At the time, Nike was still a relative unknown. In fact, the company only recently changed its name to Nike. It was formerly Blue Ribbon Sports for seven years, rebranding as Nike in 1971, just months before the company approached Haywood.

Because of those factors, Haywood's agent strongly encouraged him to take the $100,000. Haywood received an immediate windfall of cash, but… well, obviously, hindsight is 20/20. If Haywood had taken the 10 percent stake and still held his investment today, it would be worth $12 billion.

Haywood still had a long, productive career, averaging a double-double (20.3 points and 10.3 rebounds per game) over 844 games. He also won a championship in 1980 with the Los Angeles Lakers and was inducted into the NBA Hall of Fame in 2015.

Interestingly enough, his contract with Seattle – a six-year, $1.5 million deal – was also made in $100,000 payments. The Supersonics spread those payments out over 15 years.

Though Haywood made millions in the NBA, it's tough to think about what he ultimately gave up.

Read more: An NBA Hall-of-Famer Could Have Owned $12 Billion Worth Of Nike… He Chose $100K


The Car LeBron James Drove In High School Is Being Auctioned For More Than $100,000

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Since entering the NBA in 2003, LeBron James has made waves across the league. Even his off-court endeavors – a lifetime deal with Nike or a new media network for athletes, for example – draw major headlines. In fact, LeBron's influence on the NBA is so strong that even relics from his high school days are highly sought after.

The 2003 Hummer H2 LeBron drove as a high school senior is going up for auction on Monday. The car will officially be sold on December 8.

LeBron's mother Gloria took out a $50,000 loan to buy the car as a gift for her son. She gave it to him for his 18th birthday. Initially, the car prompted questions over LeBron's eligibility. However, Gloria James provided documentation on the vehicle and any potential controversy subsided.

Scott Olson/Getty Images

President Ken Goldin of Goldin Auctions – the company hosting the auction – believes the Hummer H2 will fetch at least $100,000. He called the ride "definitely a six-figure piece."

In 2013, the car was purchased for an undisclosed sum. It's been on display at the Greater Cleveland Auction for the past five years.

Whoever ends up buying the car is likely overpaying for it – Kelley Blue Book lists its value as just around $18,000. Of course, that doesn't include the custom sound system and televisions LeBron installed in the car.

Still, you wouldn't think those add-ons would total $82,000. But for the right buyer, it would be pretty cool to say you're driving the same ride in which King James once cruised around town.

Read more: The Car LeBron James Drove In High School Is Being Auctioned For More Than $100,000

Liam Hemsworth And Miley Cyrus Are Among Those To Lose Their Homes In California Wildfire

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A few days ago it came out that Kanye West and Kim Kardashian were able to save their home, and the homes of their neighbors, from being destroyed in the ongoing Woolsey Fire in California. Not all of their fellow celebrities have been as lucky, among them Miley Cyrus and Liam Hemsworth, whose Malibu home is one of the reported 435 structures and counting that the fire has destroyed.

Hemsworth took to Twitter to share a photo of the charred rubble that was the only remains of his and Cyrus' house:

He also included a link to The Malibu Foundation to allow concerned readers to donate to those less fortunate than him or Miley Cyrus who have seen their homes ruined by the blaze. The couple didn't stop there, though, announcing in a press statement their donation of $500,000 to The Malibu Foundation through Cyrus' Happy Hippie charity, to go towards "those in financial need, emergency relief assistance, community rebuilding, wildfire prevention and climate change resilience." Hemsworth went on through his Twitter account:

"I spent the day in Malibu yesterday and it was amazing to see the community pulling together to help each other out in any way they can. Malibu is a strong community and this event is only going to make it stronger."

Cyrus also took to social media to share her wildfire experiences, sharing with her Twitter followers the good news part of her good news/bad news scenario:

"I am one of the lucky ones. My animals and LOVE OF MY LIFE made it out safely & that's all that matters right now."

Celebrities like Neil Young, Gerard Butler, and Robin Thicke have also lost houses in the Woolsey Fire.

Read more: Liam Hemsworth And Miley Cyrus Are Among Those To Lose Their Homes In California Wildfire

Bill Cosby Just Sold A Valuable Painting And Took Out A Loan On His Vast Art Collection

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You probably weren't in need of additional evidence that things aren't exactly going great for Bill Cosby. He's currently in prison, serving a 3-10 year sentence on charges of sexual assault, and now he and his wife Camille Cosby are looking to shore up their capital reserves. The first step? They've sold a valuable piece of their extensive art collection. Step two? They've taken out a loan against their vast art collection which has been described as one of the best in America.

Exactly how much the Cosbys got for this week's painting and the collateral loan is not a matter of public record, but earlier this year they were reportedly looking at an estimated $40 million in legal fees and other obligations connected to Bill's case, a number that has almost certainly gone up since then. We do know which paintings were put up for sale and borrowed against, however, and both are by acclaimed artist Thomas Hart Benton. First is Going West, which the Cosbys are reported to have sold earlier this year and which will soon be part of an exhibition on Benton at the Surovek Gallery in Palm Beach, FL. The second is called The Instruction, and it was recently offered up as collateral for a loan from an art finance firm owned by one Asher Edelman, who confirmed the loan (but not its amount) to the press.

Matt Rourke-Pool/Getty Images

Together, both The Instruction and Going West are estimated to have a combined value of $12 million to $14 million, while Benton's own auction record goes to the 2015 sale of his Ozark Autumn piece, which went for $4.9 million. According to a 1978 Jet article, Cosby paid $105,000 for The Instruction some 40 years ago.

The Cosbys' art collection began way back in the 1960s, and has grown to include more than 300 works, including some by Renoir, Rembrandt, Picasso, Matisse, and many others. Some of these paintings have been on display at the Smithsonian's National Museum of African Art, which resulted in some controversy for the museum as accusations against Cosby continued to grow.

It's not inconceivable that, depending on the art market, the Cosby art collection could be worth hundreds of millions of dollars.

If he needs more money, Bill also owns a vast real estate portfolio that's easily worth over $100 million. He has large properties in Pennsylvania and Beverly Hills. His estate in Beverly Hills alone could be worth as much as $60 million ,based on comparable recent sales. Potentially closer to $80 million.

Read more: Bill Cosby Just Sold A Valuable Painting And Took Out A Loan On His Vast Art Collection

SAP Buying A Company Called Qualtrics For $8 Billion Just Turned This Family Into Billionaires

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Can you imagine having $8 billion in cash to buy a pre-IPO software company? That's what SAP just did when it acquired the survey software company Qualtrics just before its planned IPO. Qualtrics is a direct competitor of SurveyMonkey, which had its IPO in September. Qualtrics is bigger, growing faster, and more profitable than SurveyMonkey. Qualtrics was founded in 2002 by brothers Ryan and Jared Smith, their dad Scott and Stuart Orgill. Orgill resigned from the board of the company last year. The Provo, Utah based company has just over 1,900 employees and also has offices in Seattle, Dallas, Washington D.C., Dublin, Sydney, London, Munich, and Melbourne.

Ryan Smith is Qualtrics' CEO and he was not all in on the deal. He went back and forth on whether or not to sell the company. The price of $8 billion wasn't the issue, it was the idea of losing control of the company he founded that fueled his reluctance to do the deal. The Smiths owned 48% of total voting control of Qualtrics, according to the IPO prospectus.

Steve Jennings/Getty Images

Qualtrics has always tried to be different than Silicon Valley companies. The company didn't raise a dime of venture funding for its first 10 years in business. Instead, Qualtrics ran on revenue and kept its expenses lean.

When the deal is done, the Smiths will make $3.3 billion on the deal. That's $1.1 billion for each of them. Welcome to the billionaires club Smith family! The remainder of the money will be split between venture capital firms Accel, Insight Venture Partners, and Sequoia according to their individual investments in Qualtrics.

Qualtrics' more than 9,000 clients include Microsoft, Kellogg, Mastercard, and Under Armour.

Qualtrics is the latest software company to be acquired just before its IPO. AppDynamics was bought by Cisco in 2017 just before its IPO and Workday bought Adaptive Insights before its IPO earlier this year.

The deal is the second biggest acquisition for SAP. The company bought travel and expense company Concur for $8.3 billion in 2014. The Qualtrics sale comes two weeks after IBM purchased Red Hat for $34 billion.

For the first half of 2018, Qualtrics' revenue grew 41.7% to $184.2 million. For the same period, SurveyMonkey's revenue increased 14% to $121.2 million.

Qualtrics filed their S-1 registration statement on October 19th, indicating that the company intended to raise $200 million in its IPO. When the sale to SAP was announced, plans for the IPO were canceled.

Read more: SAP Buying A Company Called Qualtrics For $8 Billion Just Turned This Family Into Billionaires

Michael Jackson Dominates The List Of The 13 Highest Earning Dead Celebrities

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Nine years after Michael Jackson died, he continues to top the annual list of the highest-paid dead celebrities. Jacko brought in $400 million in the past year. The bulk of these earnings comes from the sale of his stake in EMI Music Publishing. More income came in from a new record deal with Sony, his Mijac Music catalog, and television projects including the TV special Michael Jackson's Halloween.

The King of Pop made 10 times more than the other King, Elvis Presley who is the second-highest-earning dead celebrity with $40 million in earnings. While Elvis sells more than one million albums each year, the bulk of his after death income comes from tickets to Graceland and Elvis Presley's Memphis entertainment complex.

Golf legend Arnold Palmer claimed the third spot with $35 million. Palmer has been a perennial top earner in his death thanks to the 400 stores that sell Palmer-branded clothing in Asia and the 400 million cans of AriZona beverages' Arnold Palmer's line that sell each year.

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Beloved Peanuts creator Charles Schulz nabbed the fourth spot with $34 million – mostly from the MetLife campaign with Snoopy and Charlie Brown. Though the company retired the cartoons, Schulz's contract does not expire until 2019. Reggae legend Bob Marley grabs the fifth spot with $23 million.

Theodor "Dr. Seuss" Geisel is the sixth-highest-paid dead celebrity with $16 million. Dr. Seuss sold 4.8 million of his beloved books last year. Additionally, a new Grinch movie comes out in time for the holiday season.

Playboy founder Hugh Hefner slides into seventh place in the first year of eligibility with $15 million in earnings. His heirs sold the remaining part of his estate for $35 million last year. Twinkie heir Daren Metropoulous bought the Playboy mansion.

Marilyn Monroe is in eighth place with $14 million. She makes a reappearance on the list thanks to new licensing deals including one with Montblanc pens. Prince is in ninth place with $13 million thanks to the enduring popularity of his albums.

John Lennon's $12 million in earnings from the sale of two million albums was good enough for 10thplace on the list.

Rapper XXXTentacion, who was murdered in June, is in 11thplace with $11 million in earnings. Muhammad Ali grabbed 12thplace with $8 million and Iconic pinup girl Bettie Page rounds out the list with $7 million in earnings a decade after her death.

Read more: Michael Jackson Dominates The List Of The 13 Highest Earning Dead Celebrities

Cryptocurrency Millionaire Jeffrey Berns Is Trying To Build A "Blockchain Utopia" In Nevada

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Jeffrey Berns is a cryptocurrency millionaire, which means it can be harder than usual to determine exactly how much money he has to his name. But, as a recent New York Times story reports, he's spent around $300 million of "his own money" on 67,000 acres of Nevada desert, plus offices, a staff of 70 people, and planning, all towards building a sort of "blockchain utopia."

What exactly is a blockchain utopia? No one, including Berns, will know for sure until it actually becomes a reality (if and when that happens), but his vision for the community is something like this:

"He imagines a sort of experimental community spread over about a hundred square miles, where houses, schools, commercial districts and production studios will be built. The centerpiece of this giant project will be the blockchain, a new kind of database that was introduced by Bitcoin."

DAVID BECKER/AFP/Getty Images

Berns says that blockchain has the potential to give power to individuals over institutions, in ways that even he admits stretch beyond anything the technology has actually accomplished so far. But he says he feels something akin to faith that his dreams – which can seem vague to outsiders and laypeople – are possible:

"I don't know why … I just — something inside me tells me this is the answer, that if we can get enough people to trust the blockchain, we can begin to change all the systems we operate by."

Berns made his fortune not in bitcoins but in Ethereum, a cryptocurrency which allows users "to store more than just transaction data on a blockchain." Last year, before it crashed, he made some lucky sales and ended up rich enough to fund this large, utopian project. Despite the crash, Berns sees Ethereum as being central to how his planned community will work:

"Every resident and employee will have what amounts to an Ethereum address, which they will use to vote on local measures and store their personal data."

If this all sounds a little shaky, Berns acknowledges that even he doesn't know exactly how it will turn out:

"This will either be the biggest thing ever, or the most spectacular crash and burn in the history of mankind … I don't know which one. I believe it's the former, but either way it's going to be one hell of a ride."

Keep your eyes open for more info on the project, which currently has the name Innovation Park thanks to Nevada governor Brian Sandoval, in the near future.

Read more: Cryptocurrency Millionaire Jeffrey Berns Is Trying To Build A "Blockchain Utopia" In Nevada

Gustaf Skarsgard Net Worth

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Gustaf Skarsgard net worth and salary: Gustaf Skarsgard is a Swedish actor who has a net worth of $8 million. Gustaf Skarsgard was born in Stockholm, Sweden in November 1980. He is best known for starring as Floki on the television series Vikings starting in 2013. Skarsgard has had recurring roles on the TV series Skuggornas hus as JB in 1996, Cleo as Jonas in 2002, Snapphanar as Karl XI in 2006, Arn: The Knight Templar as Knut in 2010, Biliotekstjuven as John in 2011, and Westworld as Karl Strand in 2018. Gustaf Skarsgard has starred in several films including Tacknamn Coq Rouge, Sommaren, The Invisible, Evil, Details, The Color of Milk, Babylonsjukan, Kidz in da Hood, Arn: The Knight Templar, Iskariot, Arn: The Kingdom at the End of the Road, Trust Me, The Way Back, Happy End, Kon-Tiki, Vi, Autumn Blood, The Wizard's Daughter, and Darling. He was married to actress Hanna Alstrom from 1999 to 2005.

Read more: Gustaf Skarsgard Net Worth


Annabelle Wallis Net Worth

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Annabelle Wallis net worth: Annabelle Wallis is an English actress who has a net worth of $4 million. Annabelle Wallis was born in Oxford, Oxfordshire, England in September 1984. From 2009 to 2010 she starred as Jane Seymour on the television series The Tudors. Wallis starred as Grace on the TV series Peaky Blinders from 2013 to 2016. She has starred in several films including Dil Jo Bhi Kahey…, True True Lie, Steel Trap, Body of Lies, Right Hand Man, W.E., X-Men: First Class, Snow White and the Huntsman, Hello Carter, Annabelle, Sword of Vengeance, Grimsby, Come and Find Me, Mine, King Arthur: Legend of the Sword, The Mummy, Annabelle: Creation, and Tag. Annabelle Wallis has also appeared in episodes of the TV series Jericho, Strike Back: Project Dawn, Pan Am, Star Trek: Short Treks, and more. She was nominated for an MTV Movie & TV Award in 2015. Her relatives include Richard Harris, Damian Harris, Jared Harris, and Jamie Harris.

Read more: Annabelle Wallis Net Worth

Andy Fletcher Net Worth

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Andy Fletcher net worth: Andy Fletcher is an English musician who has a net worth of $70 million. Andrew Fletcher was born in Nottingham, England in July 1961. Andy is best known for being the keyboard player and a founding member of the band Depeche Mode. The band formed in 1980 and released their debut studio album Speak & Spell in 1981 which reached #10 in the UK. Depeche Mode released the album A Broken Flame in 1982 and it reached #8 in the UK. Their album Construction Time Again was released in 1983 and reached #6 in the UK. The band's album Some Great Reward was released in 1984 and reached #5 in the UK. Their album Black Celebration was released in 1986 and reached #4 in the UK and #1 in Switzerland. Depeche Mode released the album Music for the Masses in 1987. Their album Violator was released in 1990 and reached #2 in the UK and their album Songs of Faith and Devotion was released in 1993 and reached #1 in the US and the UK and several other countries. They also had lots of success with their albums Ultra in 1997, Excited in 2001, Playing the Angel in 2005, Sounds of the Universe in 2009, Delta Machine in 2013, and Spirit in 2017.

Read more: Andy Fletcher Net Worth

Nikkie de Jager Net Worth

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Nikkie de Jager net worth: Nikkie de Jager is a Dutch makeup artist and beauty vlogger who has a net worth of $6 million. Nikkie de Jager was born in Wageningen, Netherlands in March 1994. She is known for her YouTube channel named NikkieTutorials. Her video "The Power of Makeup" went viral in 2015 and by 2018 she had 10 million subscribers and more than 900 million video views. Nikkie de Jager started uploading videos to YouTube in 2008 when she was 14 years old. She enrolled in makeup courses at the B Academy in Amsterdam and later signed to Colourfool Agency as a professional makeup artist. She joined the TV series I Can Make You a Supermodel as the head makeup artist in 2013. She has collaborated with beauty brands including Maybelline, Too Faced, and Ofra. Nikkie de Jager won a 9th Annual Shorty Award in 2017 for YouTube Guru and won a Teen Choice Award in 2017 for Choice Web Star: Fashion/Beauty.

Read more: Nikkie de Jager Net Worth

MacKenzie Bezos Net Worth

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MacKenzie Bezos net worth: MacKenzie Bezos is an American novelist who has a net worth of $1 billion. MacKenzie Bezos was born in San Francisco, California in April 1970. She is known for being the wife of Amazon founder Jeff Bezos. In 2018, Jeff became the richest person on the planet thanks to the rise of Amazon's stock price. He owns 17% of Amazon. Jeff and MacKenzie married in 1993 and the couple has four children together. MacKenzie Bezos has authored the books The Testing of Luther Albright in 2005 and Traps in 2013. She won an American Book Award in 2006. In 2014 she founded Bystander Revolution, an anti-bullying organization and she is the executive director. She graduated from Princeton University with highest honors and studied under writer Toni Morrison. She worked for Jeff Bezos in 1992 at New York City hedge fund D.E. Shaw and the couple married in 1993 and moved to Seattle, Washington in 1994. She reviewed the book The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone and gave it a one star review.

Read more: MacKenzie Bezos Net Worth

Ayda Field Net Worth

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Ayda Field net worth: Ayda Field is an American actress who has a net worth of $30 million. Ayda Field was born in Los Angeles, California in May 1979. From 2000 to 2001 she had a recurring role as Angela Moroni on the soap opera Days of Our Lives. Field appeared on the TV series Blue Collar from 2004 to 2006. From 2006 to 2007 she starred as Jeannie Whatley on the series Studio 60 on the Sunset Strip. Field starred as Montana Diaz Herrera on the television series Back to You from 2007 to 2008. She had recurring roles on the TV series Fresh Meat as Rosa in 2016, Power Monkeys as Bea in 2016, and Paranoid as Sheri in 2016. She is also known for presenting the TV series Loose Women beginning in 2016 and being a judge on the reality TV series The X Factor in Britain in 2018. Ayda Field married singer Robbie Williams in 2010.

Real Estate Assets: Robbie and Ayda own an extensive real estate portfolio that includes mansions all over the world, most notably in England and Los Angeles. In 2015, Robbie and Ayda dropped $32 million for a massive Beverly Hills compound. This house has 25,000 square feet of living space, an 11-car garage, an orchard and 22 bathrooms. In 2016 they spent $22 million on a London mansion that has 46 bedrooms. In July 2018 they spent $21 million on a Malibu mansion. In total, Robbie and Ayda own at least $100 million worth of real estate.

Read more: Ayda Field Net Worth

The Seven Highest Paid Magicians Of 2018

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David Copperfield is, hands down, the most amazing magician of our lifetime – if not all time. He has walked through the Great Wall of China. He made the Statue of Liberty disappear. He freaking levitated over the Grand Canyon. This magic man pulled off another epic feat this past year – he made $61 million, earning him the top spot on the list of the highest paid magicians in the world once again. He performed 670 shows in 365 days at the MGM Grand in Las Vegas in the 19th year of his long running show. David Copperfield's $1 billion net worth is even more magical.

Copperfield has been making magic since he was 10 years old when his mom took him to Macy's in Herald Square in New York City. The store had a resident magician (times were different 50+ years ago). The magician made a coin disappear and reappear on a small wooden board. Copperfield was hooked.

Penn and Teller come in second with slightly less than half of Copperfield's earning. The duo brought home $30 million for the five shows a week they put on at the Rio in Las Vegas. They also have a magic competition show on the CW called Fool Us.

Both Copperfield and Penn and Teller's earnings dropped slightly this year. After the shooting at the Route 91 Harvest festival on the Las Vegas Strip in October 2017 that left 59 dead, tourism dropped, causing a 6% decline in revenue compared to the previous year. Overall tourism was down 4.2% according to the Las Vegas Convention and Visitors Authority.

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Criss Angel's Mindfreak show at the Luxor also saw a bit of a hit after the massacre. He more than made up the difference with a 31 date tour. Angel wrapped up the year with $16 million, which is $1.5 million higher than last year's earnings. Angel recently ended his 10 year residency at the Luxor. A revamped Mindfreak show is moving to Planet Hollywood in December.

The seven highest paid magic men made $149 million over a 12 month period, before taxes and management fees. This is up $2 million from last year, thanks in large part to David Blaine, who doubled last year's $6 million in earnings with $13.5 million this year. This is due to his more than 50 show tour across North America. That may not seem like a lot of shows compared to Copperfield and Penn and Teller, but consider the type of physical stunt based magic Blaine performs and it amounts to more work. For his trick regurgitating a live frog, he can't even eat. His tour hits the U.K. in the spring of 2019.

Here are the seven highest paid magicians of the year:

#7. Derren Brown
Earnings: $8 million
The British mentalist performed more than 100 shows, including on Broadway and on London's West End. He has a Netflix special, Sacrifice, which came out in October.

#6. Michael Carbonaro
Earnings: $8.5 million
Michael Carbonaro brings in a nice sum from his hidden camera show on truTV, The Carbonaro Effect, but makes most of his earnings from selling out theaters across North America as well as in lucrative corporate gigs.

#5. The Illusionists
Earnings: $12 million
This touring magical troupe has a rotating cast of magicians, allowing it to put on 350 shows across the world. One of its members, Shin Lim, recently won America's Got Talent.

#4. David Blaine
Earnings: $13.5 million
Considering David Blaine's regular tricks include sewing his mouth shut and holding his breath underwater, one can understand why he plays fewer gigs than most of the highest earning magic acts. He also makes mid-six figures for private shows for people like Peter Thiel and companies including Salesforce and Intel.

#3. Criss Angel 
Earnings: $16 million
Criss Angel's Mindfreak is making a move from Cirque du Soliel at the Luxor to Planet Hollywood in December.

#2.Penn & Teller 
Earnings: $30 million
The long running duo entertains audiences at the Rio in Las Vegas five nights a week. They also managed to fit in a U.K. tour. Penn and Teller's popular CW show Fool Us was renewed for its sixth season in October.

#1. David Copperfield
Earnings: $61 million
The world's only billionaire magician earned his keep with 670 shows at the MGM Grand in Las Vegas. He also brings in extra cash from Musha Cays, his enclave of 11 private Bahamian islands.

Read more: The Seven Highest Paid Magicians Of 2018

Venezuela Wants Its $550 Million In Gold Reserves Back From The Bank Of England

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Venezuela is going through a very well publicized financial crisis, and as a result it is reportedly seeking to get back its substantial gold reserves from the Bank of England. Reuters reports that Venezuelan authorities recently approached the institution seeking about 15 tons of gold, valued at approximately $550 million.

Experts say that the effort stems from a recent US order that bars Americans from dealing with "corrupt or deceptive" gold sales in Venezuela, a country that has long been a major seller of the precious metal all over the world. This year so far, it has reportedly sold some 26 tons of gold to Turkey for a price of about $900 million. And over the last four years, the country's gold reserves have dwindled from around 400 tons to its present state at 175 tons of gold, stats which comes from the country's own central bank.

Mario Tama/Getty Images

Initial reports were unclear as to whether Venezuela has indeed taken possession of the gold reserves that were held by the Bank of England. Officials are quiet on the matter, but one public official said that the Bank of England "sought to clarify" Venezuela's intentions for the gold. And, it has since come out, that the Bank of England is indeed refusing to give the gold to Venezuela's President Maduro, for fear he might try to sell it for his own personal gain.

Whatever its intentions, it unfortunately appears that $550 million in gold won't do Venezuela much good in the long run – even having sold $900 million worth of gold this year, the country is facing an economic crisis, with rampant hyperinflation and an expected contraction of about 18 percent of the Venezuelan economy this year. The inflation, on the other hand, is expected to hit the unbelievable 1 million percent margin, as ordinary goods have long been unaffordable to many within the country.

Read more: Venezuela Wants Its $550 Million In Gold Reserves Back From The Bank Of England


Bitcoin Millionaire Jeff Garzik Has Given Away More Than $100M, Has "No Regrets"

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It would be a pretty pitiful thing if some philanthropy-mad millionaire gave away a fortune only to regret not clutching onto more of his or her money in the end. Luckily, that scenario appears to be pretty unusual, and it definitely doesn't apply to cryptocurrency "pioneer" Jeff Garzik, who's given away more than $100 million of his untold fortune in bitcoins, telling Bloomberg he has "no regrets" on how he's chosen to spend his money.

Garzik is one of the three most important people behind the creation of Bitcoin, after developer Gavin Andresen and the cryptocurrency's mysterious, pseudonymous creator Satoshi Nakamoto. He was the third largest contributor to its code from when he started in 2010 through 2014, and he likens his current relationship to Bitcoin to that of a father of grown-up children:

"As a father I enjoy watching my kids grow up, even as they make mistakes or grow in ways that I wouldn't expect … It is an organism, it's something that evolves … It hasn't evolved in the direction of high-volume payments, which is something we thought about in the very early days: getting merchants to accept Bitcoins. But on the store-of-value side it's unquestionably a success."

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Garzik stopped coding for Bitcoin altogether in 2016 in order to focus on his own cryptocurrency-related pursuits. He's not telling exactly how big his fortune in bitcoins is now, but he says that about seven years ago he gave away 15,678 of the tokens (that's when the whole parenting metaphor employed above begins to fray just a little bit). At today's prices, that's well over a hundred million dollars worth, and his attitude towards letting them go is philosophical:

"It was a question whether this thing would survive at all. And there's no question of that today."

A good attitude for any philanthropically minded businessperson to have.

Read more: Bitcoin Millionaire Jeff Garzik Has Given Away More Than $100M, Has "No Regrets"

Disney CEO Bob Iger Might Have Missed Out On $60M Bonus

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Bad news for anybody out there who was rooting for Disney CEO Bob Iger to get $60 million richer: According to the most recent financial disclosures from Disney, the company's total adjusted operating income over the last five years falls short of the mark in Iger's contract that would trigger the bonus.

That mark was $78.3 billion in income, with a partial amount awarded if the company exceeded $76 billion, but the final total instead comes to the close-but-no-cigar sum of $73.9 billion.

However, there is good news for Iger, since some of that bonus may still be his for the taking. Bloomberg reports that the Disney board has the right to adjust that bonus trigger to account for acquisitions and divestitures that could "put a drag" on the company's overall income, a clause that was added so as not to discourage Iger from making any big overtures in those areas. However, whether or not the board intends to utilize that right is yet to be seen.

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One such big overture was Disney's pending attempt to acquire 21st Century Fox, a deal that has already resulted in a payout of $100 million worth of restricted stock for Iger. That's on top of his annual salary, of course, which has averaged at about $40 million in the last few years. So he probably isn't losing any sleep on whether he gets that $60 million bonus or not.

Iger's bonus opportunity was granted by Disney as part of an extension of the executive's contract back in 2014. He's been CEO at Disney since 2005, having been with the company in other executive capacities for a while before that. And that aforementioned $100 million stock payout comes with additional incentives for him to stay on until at least 2021.

Iger, nor anyone at Disney, has commented publicly on the status of Iger's bonus.

Read more: Disney CEO Bob Iger Might Have Missed Out On $60M Bonus

Dany Boon Net Worth

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Dany Boon net worth: Dany Boon is a French comedian and filmmaker who has a net worth of $80 million. Dany Boon was born in Armentieres, France in June 1966. He is one of the most popular and highly paid French actors on the planet, consistently earning $20+ million per year. As an actor he has appeared in many films including Oui, Joyeux Noel, The Valet, La Maison du Bonheur, My Best Friend, Bienvenu chez les Ch'tis, De l'autre cote du lit, Mia et le Migou, Micmacs, Change of Plans, Benvenuti al Sud, Nothing to Declare, Asterix and Obelix: God Save Britannia, Un plan parfait, Supercondriaque, Lolo, The Jews, The BFG, Radin!, Raid dinue, La Ch'tite famile, and more. Boon has also starred in several one man shows and plays and has written, directed, and produced several films. He has been nominated for several awards and won two Alpe d'Huez International Comedy Film Festival Awards in 2008 for Bienvenue chez les Ch'tis. He has been married twice including to Judith Godreche from 1998 to 2002. He married his second wife Yaël in 2003. In November 2018, Dany and Yaël purchased a $13 million house in Los Angeles.

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Chris Albrecht Net Worth

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Chris Albrecht net worth and salary: Chris Albrecht is an American media executive who has a net worth of $160 million. Chris Albrecht was born in Queens, New York in July 1952. He is best known today for the being the Chief Executive Officer and President of Starz. The company includes Starz Networks, Starz Distribution, Starz Worldwide Distribution, Starz Animation, Starz Digital Media, and Anchor Bay Entertainment. In a given year, Chris Albrecht's salary is $20 million. In 2013 he earned $31 million. Before going to Starz Albrecht worked at HBO as the Chairman and CEO. He was there for 22 years and was responsible for several hit TV series including The Sopranos, Deadwood, Sex and the City, Entourage, Six Feet Under, The Wire, Band of Brothers, and more. In 2008 Chris Albrecht founded independent content creation, development, and distribution company Foresee Entertainment. He has also served as president of IMG Global Media as well as IMG Entertainment and was a Special Limited Partner in Forstmann Little & Company. He was inducted into the Broadcasting & Cable Hall of Fame in 2006.

Real Estate: In April 2018, Chris Albrecht listed his Santa Monica home for $8 million. In 2017 he sold a home he bought for $5 million in Brentwood for $7 million.

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Candi Staton Net Worth

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Candi Staton net worth: Candi Staton is an American soul and gospel singer who has a net worth of $10 million. Candi Staton was born in Hanceville, Alabama in March 1940. She has released more than 25 studio albums and her debut studio album I'm Just a Prisoner was released in 1970. Her most popular album was Young Hearts Run Free which was released in 1976 and reached #34 in the UK and #129 on the Billboard 200 chart. Staton has had several popular singles and her song "Young Hearst Run Free" reached #1 on the US R&B chart and #2 in the UK. Her remake of the Tammy Wynette song "Stand By Your Man" reached #4 on the US R&B chart and #24 on the US Pop chart and some of her other popular singles include "Nights on Broadway" and "You Got The Love" by The Source feat. Candi Staton. She has been nominated for four Grammy Awards and is a member of the Christian Music Hall of Fame.

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