Business

Jeff Bezos Made $13 Billion In 15 Minutes In Amazon Stock

Jeff Bezos has added a couple more commas to his bank account, after Amazon’s stock experienced a 12 percent surge in a matter of 15 minutes on Thursday afternoon. The surge reportedly made Jeff a whopping $13.2 billion, raising his net worth to about $129.5 billion. Bezos, 56, owns about 12% of Amazon’s outstanding stock, making …

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Bill Gates daughter engaged to Her Egyptian Showjumper boyfriend Nayel Nassar

Bill Gates’ daughter Jennifer Gates has announced her engagement to Egyptian showjumper Nayel Nassar. Jennifer, 23, on Wednesday, announced her engagement to Nassar, 28, via her Instagram page in which she shared a picture that depicted her reaction after her new fiancé proposed during a snowy ski trip “Nayel Nassar, you are one of a kind. Absolutely swept …

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‘Africa’s richest woman’ Isabel dos Santos charged with fraud

Isabel dos Santos, Africa’s richest woman has been charged with fraud which took place during her stewardship of state-owned oil firm Sonangol. Angola’s billionaire former first daughter Isabel dos Santo’s has been charged in the southern African country with money laundering and mismanagement during her stewardship of state-owned oil firm Sonangol, the Angolan prosecutor general …

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Africa ‘Will Define’ the Future of Bitcoin — Twitter CEO Jack Dorsey plans to move to Africa

Twitter chief Jack Dorsey said  that he plans to move to Africa for up to six months next year. The tech executive announced the planned move following a month-long trip visiting entrepreneurs on the continent. Dorsey, 43, has a reported net worth of $3.9 billion. “Sad to be leaving the continent…for now,” Dorsey tweeted Wednesday. “Africa will …

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Manchester City owner to sell a $500 million stake to private equity firm Silver Lake

Sheikh Mansour bin Zayed Al Nahyan, owner of English Premier League champions, Manchester City and City Football Group, has sold about 10 per cent of the shares to Silver Lake, a private equity investor for about $500 million.   The deal values City Football Group at US$4.8B post-investment. Apart from its ownership of Manchester City, …

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Allen Onyema; AirPeace and Huawei Similarity by Stephen Akintayo.

Recently controversy has been going on about the CEO of Airpeace  Allen Onyema, after being indicted by the US govt in alleged bank Fraud. Here is what a facebook user by name Stephen Akintayo has to say about it………. Nigerians are like their Government, quick to praise you when you do things in their selfish …

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Air Peace: Fresh Facts Unfolds Regarding Aircraft Purchase

The controversy surrounding the Boss of Air Peace have taking another dimension Contrary to allegations that Chairman/Chief Executive Officer of thriving airline, Chief Allen Onyema, laundered money in the United States of America, fresh facts have emerged that the fund was used for purchase of aircrafts. Sources privy to the deal said the letter of …

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Kylie Jenner sells majority stake in her beauty company for $600 million

Kylie Jenner has agreed to sell a majority stake of her popular cosmetics line for $600 million. The self-made Billionaire and reality star will sell 51% of her stake in Kylie Cosmetics to Coty Inc. (COTY), a New York-based cosmetics company that also owns a number of international consumer beauty brands, including CoverGirl. The partnership …

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McDonald’s CEO Fired Over “Consensual Relationship” With Employee

McDonald’s said Sunday that it had fired CEO Steve Easterbrook due to what the company described as a “recent consensual relationship with an employee” that violated company policy. The board voted Friday to oust Easterbrook after a review, concluding that he violated a policy against manager relationships with direct or indirect reports, according to the …

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California, New Jersey well represented on list of ‘miserable’ cities in America

Business Insider recently released its list of the 50 most miserable cities in America – with cities in California (10), New Jersey (9), and Florida (6), accounting for half the list. In compiling its rankings, Business Insider said it used U.S. Census information to analyze 1,000 U.S. cities on metrics such as crime, drug addiction, …

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