News

LeBron James passes billion-dollar milestone

Published

2 years ago

June 3, 2022

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Los Angeles Lakers superstar LeBron James has set another record by becoming the first active NBA player to reach billionaire status

According to Forbes, James has earned approximately $380million in earnings for the three teams he represented in his 19 seasons in the premier basketball competition, and over $900m from endorsements and other business ventures.

These include endorsement deals with Nike, AT&T, PepsiCo, and Walmart, as well as investments in Tonal, Lyft and Blaze Pizza.

Last year James earned a whopping $121.2 million, making him the second highest-paid athlete in the world behind only footballer Leo Messi.

The 37-year-old also holds a minority stake in English Premier League side Liverpool, when he went into partnership with Fenway Sports Group in 2011, before becoming a part owner in the organisation.

James also invested in movie studio SpringHill Entertainment, which helped to produce a film he starred in – Space Jam: A New Legacy.

The only other NBA player to pass the billion-dollar milestone is Michael Jordan, however, Jordan didn’t reach the ten-figure mark until a decade after retirement.

https://twitter.com/uninterrupted/status/1532202348998561792?s=20&t=os7EZOoAfyJjOggJPYoeww

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Leaders

Trump does not want another debate rematch with Harris

Published

8 hours ago

September 13, 2024

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

News

Billionaire & engineer make history after world’s first private space mission

Published

15 hours ago

September 13, 2024

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

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Money

What to expect for IPO markets

Published

21 hours ago

September 13, 2024

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

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