Tag Archives: Forbes

Michael Jackson Top Earning Dead Celebrity: Forbes

Gone but not forgotten is probably the best way to describe the artists on Forbes’ latest update. Morbidly fascinating is another way. Taking the top spot amongst the “Top-earning dead celebrities of 2016” was the late ‘King of Pop’, Michael Jackson. Though he passed on in 2009, the sale of half his share in the Sony-ATV Music Publishing catalog made up the bulk of his earnings this year that helped clinch the title. Earning $825 million, of which $750 million came from the aforementioned sale, Jackson, easily beat everyone else on the list.

Well, we say ‘beat’ but really this was all accomplished through no special effort on Jackson’s part, nor any of the other celebrities on the list. It is not unlike the performance of a Basquiat or Picasso at auction we suppose.

Turning back to the list at hand though, Jackson not only smoked second-placed Charles M. Schulz but he actually made more than the entire top 10 put together. Schulz, the Peanuts creator, earned $48 million, followed closely by Arnold Palmer in third with $40 million. Proving to be a truly royal gathering, the “King of Rock n’Roll” Elvis Presley and “His Purple Majesty” Prince round up the top five with $27 million and $25 million respectively. The “Purple Rain” hit-maker and David Bowie were the two new entrants to the list, with their unexpected deaths earlier this year.

Top Earning Dead Celebrities for 2016.
  • Michael Jackson ($825 million)
  • Charles M Schulz ($48 million)
  • Arnold Palmer ($40 million)
  • Elvis Presley ($27 million)
  • Prince ($25 million)
  • Bob Marley ($21 million)
  • Theodor “Dr. Seuss” Geisel ($20 million)
  • John Lennon ($12 million)
  • Albert Einstein ($11.5 million)
  • Bettie Page ($11 million)
  • David Bowie ($10.5 million)
  • Steve McQueen ($9 million)
  • Elizabeth Taylor ($8 million)

Kevin Hart Highest Earning Comedian 2016

All hail the new King of Comedy! After dominating the Forbes list of best paid comedians from the very first one 10 years ago, Jerry Seinfeld has been dethroned by Kevin Hart. For as long as Forbes can remember, Seinfeld has reigned supreme as the “King of Comedy”. But in a year full of changes, Hart has taken the spot as the world’s highest-paid comedians. Between June 2015 and June 2016, Hart earned a total of $87.5 million, nearly $30 million more than Seinfeld.

The reason for his rise to the top is down to the number of shows he racks up. With more than 100 shows in the last 12-months, Hart tours like no other comedian and earns more than $1 million each stop. Supporting these earnings are his roles in both movies and TV shows as well as commercials for the likes of Foot Locker, Hyundai and H&M.

Bear in mind though that Forbes estimates Seinfeld has earned $900 million from 2006 till today, making him the most successful comic of all time, by far.

Another major change for the Forbes list of highest paid comedians of 2016 is the addition of Amy Schumer with $17 million. She is the only woman on the list this year but that’s not the real story. Despite many fine comics such as Tina Fey, Julia Louis-Dreyfuss and Amy Pohler, Schumer is actually the first woman to ever make the top earners’ list.

  • 1. Kevin Hart ($87.5 million)
  • 2. Jerry Seinfeld ($43.5 million)
  • 3. Terry Fator ($21 million)
  • 4. Amy Schumer ($17 million)
  • 5. Jeff Dunham ($13.5 million)
  • 6. Dave Chappelle ($13 million)
  • 7. Jim Gaffigan ($12.5 million)
  • 8. Gabriel Iglesias ($9.5 million)
  • 9. Russell Peters ($9 million)
  • 10. John Bishop ($7 million)

Best Paid Television Actress 2016: Sofia Vergara

Sofia Vergara tops the best-paid actress list in 2016, again, but the real news is how much more she’s making, plus newcomer Priyanka Chopra debut here. The Colombian-born Vergara has been crowned the best paid television actress by Forbes with her earnings of $43 million, a 66% rise over last year’s figure. Her role in Modern Family accounts for only a portion of her income, with endorsement and licensing deals helping her rake in nearly twice what runner-up Kaley Cuoco of The Big Bang Theory, makes. Cuoco earns $24.5 million and is paid $1 million per episode, the highest paying gig in all TV.

With the help of her mainstay role in the hit comedy series along with various endorsement and licensing deals, Vergara has held the top spot for five years in a row. She is also the highest paid actor overall, regardless of gender. Coming in third, is Mindy Kaling of The Mindy Project who climbed five spots from 2015 with a total of $15 million. Tying for fourth place, is Ellen Pompeo of Grey’s Anatomy and Mariska Hargitay of Law & Order SVU, with a total of $14.5 million each.

A new entry to the list, is Bollywood star Priyanka Chopra who is taking Hollywood by storm. Her role as FBI agent in the crime series Quantico earned her the eighth spot with $11 million. All told, the best-paid actresses made $208.5 million between June 1, 2015 and June 1, 2016. Find out the Best Paid Television Actresses below, as listed by Forbes:

  • 1. Sofia Vergara ($43 million)
  • 2. Kaley Cucuo ($24.5 million)
  • 3. Mindy Kaling ($15 million)
  • 4. Ellen Pompeo ($14.5 million)
  • 4. Mariska Hargitay ($14.5 million)
  • 6. Kerry Washington ($13.5 million)
  • 7. Stana Katic ($12 million)
  • 8. Priyanka Chopra ($11 million)
  • 9. Julianna Margulies ($10.5 million)
  • 10. Julie Bowen ($10 million)
World’s Richest DJs 2016 Calvin Harris

World’s Richest DJs 2016 Revealed

If you’re wondering who the richest DJs on earth are, your first guess might be Calvin Harris (formerly of Taylor Swift fame) and you’d be right. Financial magazine and professional list-makers Forbes has crowned Calvin Harris the world’s top-earning DJ for the fourth consecutive year. The magazine recently unveiled its richest DJ list, setting off a firestorm of interest on the Internet.

The 2016 list strikes a bit of a downbeat note though. Collectively, the top earners raked in $270.5 million this year, which is actually down 1% from last year. Forbes noted that it is the first time since they began tracking DJ incomes in 2012 that total earnings have dropped.

The rankings, based solely on the individual’s DJ income, placed Harris’s “salary” this year in the vicinity of $63 million, with fellow DJ Tiesto the closest runner-up on $38 million.

Tiesto replaces David Guetta, who has been displaced to No.3 after earning $28m for his DJing in 2015, just over Zedd in fourth place with $24.5 million.

World’s Richest DJs 2016 Tiesto


The full Forbes list is below:

  • Calvin Harris: $63 million
  • Tiesto: $38 million
  • David Guetta: $28 million
  • Zedd: $24.5 million
  • Steve Aoki: $23.5 million
  • Diplo: $23 million
  • Skrillex: $20 million
  • Kaskade: $19 million
  • Martin Garrix: $16 million
  • Dimitri Vegas & Like Mike: $15.5 million
  • Afrojack: $15 million
  • Avicii: $14.5 million

Richest men in the world: Top 10 billionaires on the Forbes List

It takes more than a fancy car or luxury property to get onto the list we are about to share. In fact so exclusive is this group that few would ever be able to climb to the top and stay there, as the number one billionaire has done all these years on the Forbes List. And yes, The Donald doesn’t make the cut here so you know this is serious.

Jokes aside, one thing is certain: these high net worth individuals have placed their investments in more than one industry, which would explain why they rake in the millions each year. Having said that, some like Jeff Bezos (who rises several spots) track along the lines of their companies (that’s Amazon, in case you’ve been hanging on to your Blockbuster and Borders cards). We take a look at the individuals whose wealth and income will make you greener than the greenback.

Bill Gates, $78.3 billionbill_gates

Really, it is no surprise that this tech mogul sits at the top of the food chain (but atop our Richest of All Time story). While he is best known for that little tech company called Microsoft (remember those guys?) he started after dropping out from Harvard University, it is not his direct source of income. In fact he only owns 2.5% of the company, which makes up a mere 15% of his fortune. His other investments happen to be in other industries such as the Canadian National Railway (believe it or not).

Amancio Ortega, $73.1 billion

Up two spots from last year is the Spaniard multi-billionaire behind fashion label Zara. From a family-owned textile manufacturer to the owner of brands such as Massimo Dutti and Pull & Bear, this is one success story that has defied even the financial crisis in Spain. He currently draws in an annual $400 million in dividends alone after stepping down as chairman of the company. His other source of income comes from property investments in countries such as Madrid, Barcelona, London, Chicago, Miami and even New York.

Jeff Bezos, $65.8 billionJeff Bezos Amazon chief executive

He is the head of aerospace company Blue Origin and also the founder of Amazon — he also happens to make running various companies look like a walk in the park. Bezos has also set the bar high as an employer. Rather than axing disgruntled employees who may or may not have had a part to play in The New York Times piece that reported unfavorable working conditions in Amazon, he wrote an open letter to say that it was not the kind of company he would have employees work in.

Warren Buffet, $64,7 billion
Warren Buffett chairman of Berkshire Hathaway

Warren Buffett

He may be an octogenarian but that has not stopped the fourth richest billionaire from expanding his portfolio to include aerospace and technology firms. His company Berkshire Hathaway also owns companies such as Dairy Queen while also investing in Coca-Cola, IBM and Geico. While he has billions to spend, Buffet is known as a frugal man who still lives in the Omaha home that he bought in 1958. He was recently in the news after his company’s failed venture to buy Yahoo.

Mark Zuckerberg, $53.5 billion


Another Harvard dropout, Zuckerberg is one more tech billionaire in the list (is this a sign?). He currently holds the title as richest billionaire under 40 years of age — something few of us will be able to say. In just one year, his fortune rose another $18 billion thanks to the rising Facebook stock price. His other venture that has seen gains is the Oculus Rift VR, which started shipping headsets in March of this year. Another major gain for the social media kingpin was the birth of his daughter and if those milestone pictures are anything to go by then it is safe to say that he cherishes her more than those billions in the bank.

Larry Ellison, $51.6 billionLarry-Ellison-Forbes-AFP

A former employee for the CIA (he built their databases), this billionaire founded Oracle and turned it into a database-software giant.  Since 1977, he headed Oracle as its CEO. However in 2014, he stepped down as CEO but remained as the chairman for the board of directors. While technology may be his cup of tea, his children are looking to explore Hollywood by financing films such as Zero Dark Thirty, American Hustle, The Terminator and Mission Impossible.

Carlos Slim Helu & Family, $50 billionCarols-Slim-Helu-Forbes

He may be the seventh on the list but Slim Helu happens to be the biggest loser since 2015. Thanks to the weakening economy and stricter regulations in the Mexican telecom Industry, the former second richest man slipped two places in 2016. Apart from being a leader in the telecom industry in Mexico, the billionaire also owns a 17% stake in The New York Times.

Michael Bloomberg, $48.3 billion

The former mayor of New York is back to helm his ship that is the media-and-data company we have come to know. At 74, the former Harvard Business School graduate has shaken up the company that bears his name by cutting jobs in the media sector to refocus resources in business and financial news. He was also recently in the news for his address at the 2016 Democratic National Convention, where he tore into The Donald. Actually, Buffet did the same after the DNC and Mark Cuban went to town on Trump’s ego on Late Night with Stephen Colbert.

Charles and David Koch, $44.2 billion each

The Koch brothers may be billionaires with the most awkward names to most but both Charles and David are heavyweights in the political world, supporting libertarian causes. Neither has joined others in the billionaire brigade in thrashing The Donald but that may yet change. Having led Koch Industries since 1967, Charles has seen it move from a $50 million business to a $100 billion empire. Together with David, the Koch brothers run America’s second largest private company. From oil pipelines to refineries and even paper towels, these brothers seem to have something to do with everything. Another reasons the name Koch might be familiar is because David has a building named for him at the Metropolitan Museum of Art in New York.

Source: Forbes

Top 10 Highest Earning Celebrities 2016

By now it is old news that Taylor Swift is the top earning celebrity, and that Queen Bey and her King Jay are the most expensive power couple. However, if we were to be totally honest, it is innate human curiosity (read: we’re busybodies) to find out more about these famous and rich people. Also, they happen to be exceedingly entertaining, by dint of their talents but by virtue of our collective interest. Enter the top 10 highest paid celebrities, courtesy of Forbes.

Clinching runner-up position next to squad leader T-Swift are teenage heartthrobs One Direction, who are also automatically the top earning boy band. They rake in $110 million, although individually they probably make less when split four ways. We wonder what Zayn Malik thinks of this ranking.

Other luminaries of note in the list are author James Patterson of the Alex Cross series at number 3 (he’s terribly successful but also just plain “terrible”, according to Stephen King), highest earning athlete Cristiano Ronaldo at fourth (tying with Dr Phil McGraw, the highest ranking PhD holder), and richest comedian Kevin Hart just a step down from Ronaldo. Howard Stern, Lionel Messi, Adele and Rush Limbaugh round up the list in descending order.

For completion’s sake, finishing the Forbes list at position 99 is nineties It girl Britney Spears. While past the prime of her career as a teenage pop star, we guess that oops, she did it again, and we can’t hold it against her.

Beyonce and Jay-Z: Highest Earning Couple 2016

Who run the world? No really, we are trying to figure that out. On one end, we have T-Swift (that’s Taylor Swift for those who don’t speak Millennial), clinching the top spot as world’s highest paid celebrity in 2016. On the other, we have Queen Bey and her bae Jay, who rule supreme as the highest earning couple in 2016.

Forget Becky with the good hair, Jay-Z should just stick with the vocal powerhouse that is Beyonce. On her own (we were tempted to throw in a “Me, Myself & I” reference here but exercised restraint), the grammy-award winning beauty is 34th on the Forbes list of highest earning celebrities with her $54 million. Jay-Z followed close behind at Number 36 with $53.5 million.

With her significant other, the influential couple raked in a whopping $107.5 million. Their “Formation” puts them ahead of Swift, but shows that “1+1” is certainly better than having any “Bad Blood” over those scandalous rumours.

2015’s Most Overpaid Actor is…

Actor Johnny Depp has been crowned this year’s Most Overpaid Actor, according to the Forbes magazine’s ranking, released Monday, December 22, 2015. In a way, this also makes him the most expensive actor of 2015.

The list of Hollywood’s Most Overpaid Actors is “dominated by established male leads who charge top dollar but don’t always deliver at the ticketbooth,” and the publication revealed the Depp’s recent movies returned just $1.20 for every $1 he was paid on them.

The methodology includes the last three films each actor starred in before June 2015, save animated films, movies where the actor appeared in an insignificant role, or movies that were released on fewer than 2,000 screens. This excludes the star’s highly anticipated return to the screen as Boston gangster Whitey Bulger in the biopic Black Mass.

Despite this, the Pirates of The Caribbean lead managed to beat out blockbuster star Denzel Washington ranked second for reportedly bringing in $6.50 for every $1 he earned from his recent films.

Jennifer Lawrence 2015

The world’s highest-paid actresses 2015 by Forbes

Jennifer Lawrence 2015

Forbes Magazine has released its annual list of the 50 highest-paid actresses, with “Hunger Games” star Jennifer Lawrence topping the list.

Lawrence earned $52 million pre-tax over the last 12 months.

Scarlett Johansson was second, with a revenue of $35.5 million. Melissa McCarthy has amassed $23 million, earing her the third spot on the list.

The only non-American actress to feature on the list was Chinese actress Bingbing Fan, who came in at number four.

The list also brought with it a very telling statistic. Compared to the highest-paid male actors list, the women’s combined earnings came in at $660 million less, confirming the gender-based pay difference in Hollywood.

uncle scrooge

Top 15 Richest Fictional Characters

uncle scrooge

Forbes magazine has released its annual Fictional 15, which ranks the richest characters from television, film, comics and books.

On top of the list is Scrooge McDuck, a billionaire bird known for storing a fortune in gold coins inside a massive Duckburg “money bin.”

With the price of gold up more than 30% year over year, the quacking Croesus’ net worth soared to $44.1 billion.


Joining the Scottish McDuck at the top of the cash heap are; immortal vampire Carlisle Cullen ($36.2 billion), Ireland’s master criminal and child genius, Artemis Fowl II ($13.5 billion) and business magnate Richie Rich ($9.7 billion).

The members of the 2011 list of wealthiest fictional characters have an average net worth of $9.86 billion, up 20% from last year.

In aggregate, the Fictional 15 are worth $131.55 billion –more than the gross domestic product of New Zealand – Via Forbes.

2011 Forbes Fictional 15

1. Scrooge McDuck $44.1 B — Mining and treasure hunting
2. Carlisle Cullen $36.2 B — Compound interest and investments
3. Artemis Fowl II $13.5 B — Theft, forgery and Facebook
4. Richie Rich $9.7 B — Inheritance and conglomerates
5. Jed Clampett $9.5 — Oil and gas
6. Tony Stark $9.4 B — Defense
7. Smaug $8.6 B — Marauding
8. Bruce Wayne $7.0 B — Inheritance and defense
9. Mr. Monopoly $2.6 B — Real estate
10. Arthur Bach $1.8 B — Inheritance
11. Jo Bennett $1.2 B — Electronics and inheritance
12. C. Montgomery Burns $1.1 B — Energy
13. Chuck Bass $1.1 B — Real estate
14. Gordon Gekko $1.1 B — Investments
15. Jeffrey Lebowski $1.0 B — Inheritance

Scrooge McDuck

Four Seasons Hotel Toronto

Forbes releases top hotel picks for 2014

Hong Kong, Macau, New York City and London have emerged as leaders in Forbes magazine’s latest travel guide, with each city boasting seven 5-star rated hotels.

Four Seasons Hotel Toronto

In the 56th edition of the Forbes Travel Guide Star Ratings list, inspectors bestowed new stars to properties like the Four Seasons Hotel Macao and The Pierre, A Taj Hotel in New York, expanding the five-star group to 97 hotels.

The Four Seasons luxury hotel chain emerged as the leading hotel brand, boasting the most five-starred properties with 18 hotels across 11 destinations making the cut and tripling its number of winners over the last decade.

New to the club this year is the brand’s flagship hotel The Four Seasons Hotel Toronto, the first in Canada to own bragging rights to holding a five-star status with Forbes and five stars with AAA.

four seasons toronto room

Recently, the luxury hotel received a star boost when it recruited  chef Daniel Boulud to open an outpost of his restaurant empire within the property.

The Forbes guide includes 97 five-starred hotels, 48 restaurants and 41 spas. In the 4-star category, it lists 296 hotels, 186 restaurants and 149 spas.

Meanwhile, in TripAdvisor’s ranking of top hotels in the world, Italy boasted the largest number of top-rated hotels.

Madonna MDNA Tour

Madonna tops Forbes highest-paid musician list

Madonna MDNA Tour

Business magazine Forbes named Madonna the highest-paid musician in the world on Tuesday, estimating her earnings at $125 million in the year to June.

Revenues from her MDNA concert tour plus sales of Madonna-related products and merchandise put the Material Girl, 55, well ahead of Lady Gaga at $80 million. The Mother Monster’s income would have been higher had a hip injury not forced her to abandon a global concert tour, Forbes said.

Veteran rocker Bon Jovi placed third at $79 million, followed by country star Toby Keith ($25 million) and British band Coldplay ($64 million).

Forbes based its list on pretax income from ticket sales, royalties, merchandising, endorsements and other ventures. It doesn’t take into account fees for agents, managers and lawyers.

Only living artists can make the list — otherwise, Forbes said, Michael Jackson would have been number one with a posthumous income of $160 million.

mdna tour

Forbes reveals world’s top-earning male models

Sean O Pry

In August Forbes Magazine released its annual rankings of model earnings. Now it’s time for the men.

It’s an American, British and Canadian top-three this year. The trio of big earners all exceeded the $1 million mark in annual income in the Forbes Magazine rankings.

1. Sean O’Pry – $1.5 million 

Born in the US state of Georgia and discovered in his late teens on his Myspace profile, O’Pry has worked with Calvin Klein, Versace, D&G, Ralph Lauren and Michael Kors, and this year just edged out runner-up David Gandy as the world’s top-earning male model.

model Sean O Pry

2. David Gandy – $1.4 million

Gandy has taken on a role as the UK’s unofficial ‘Mr Fashion’ with his work promoting British designers and the London Collections: Men, but he still found time to bag campaigns for Hugo Boss, Banana Republic and Massimo Dutti. Unique among most male models, he’s also got big advertising contracts with food and drink brands in the form of Johnnie Walker whisky and the protein packed ice-cream company Whey Hey.

 David Gandy

3. Simon Nessman – $1.1 million

Canadian-born Simon Nessman is the final model to have hit the million-dollar mark. At only 23 years old, the British Columbia native is already the face of Giorgio Armani and Michael Kors. The former high-school basketball player has also worked for Calvin Klein and Versace.

Giorgio Armani Fall Winter 2012 Simon Nessman

Here’s the rest of the men’s top ten:

4. Arthur Kulkov, Russian – $905,000
5. Noah Mills, American – $740,000
6. Ryan Burns, American – $610,000
7. Tyson Ballou, American – $425,000
8. Ollie Edwards, British – $410,000
9. Jon Kortajarena, Spanish – $290,000
10. Tobias Sorensen, Danish – $265,000

Simon Nessman for ANTONY MORATO


Gisele Bundchen is the highest-paid model


Brazilian supermodel Gisele Bunchen has been named the world’s highest-paid model for a seventh successive year. The 33 year old netted an estimated $42 million in the past year, according to Forbes.

Modeling contracts with H&M, Pantene, Oral-B and Sky HDTV and her role as the face of Chanel’s ‘Les Beiges’ cosmetics line have all contributed to this enormous total. The figure dwarfs that of second placed supermodel, Australian Victoria’s Secret star Miranda Kerr, who comes in at just over $7 million.

Impressive as they are, Bündchen’s latest earnings don’t quite match last year’s total of $45 million, which is perhaps accounted for by the time she took off to give birth to her youngest daughter Vivian, her second child with NFL quarterback Tom Brady.

Other notable figures in the list include British star Kate Moss, who is still earning a multimillion-dollar salary from her modeling contracts (including Versace) at the age of 39, and Chinese superstar Liu Wen (aged just 25), who is the first Chinese model to star in a Victoria’s Secret fashion show.

Here’s the top five:

Gisele Bündchen (Brazil) – $42 million

Miranda Kerr (Australia) – $7.2 million

Adriana Lima (Brazil) – $6 million

Kate Moss (UK) – $5.7 million

Liu Wen (China) – $4.3 million

maria sharapova swimming pool

Sharapova tops Forbes rich list of female athletes

maria sharapova swimming pool

Tennis stars dominated the list of the world’s 10 best-paid female athletes, Forbes magazine said on Tuesday, but highlighted the yawning earnings gap with their male counterparts in most sports.

Russia’s Maria Sharapova headed the list, published on forbes.com, earning a total of $29 million (£18.9 million, 21.9 million euros) between June 2012 and June this year.

Tennis took the top four positions, with world number one Serena Williams of the U.S. second ($20.5 million), China’s Li Na third ($18.2 million) and Victoria Azarenka of Belarus fourth ($15.7 million).

Caroline Wozniacki of Denmark was in seventh ($13.6 million), followed by Agnieszka Radwanska of Poland ($7.4 million) and Serbia’s Ana Ivanovic ($7 million).

US Nascar driver Danica Patrick, South Korean figure skater Kim Yuna and American golfer Paula Creamer, were the only non-tennis stars in the top 10.

But the business magazine said disparities remained between men and women in terms of earnings in sport. World number one golfer Tiger Woods, for example, was the highest-paid athlete on the planet with earnings of $78 million in the 12 months between June 1, 2012 and June 1 this year.

Los Angeles Laker basketball star Kobe Bryant will earn $30.5 million next season but the highest salary in the women’s equivalent of the NBA is $107,000.

Park Inbee of South Korea won $585,000 for winning the women’s US Open but men’s winner Justin Rose was awarded $1.4 million, the magazine noted.

Forbes said that there was increasing parity in terms of pay in tennis, after moves in recent years to put prize money on a more equal footing.

Endorsements that come on the back of Grand Slam wins such as Sharapova’s 2012 French Open title dwarf most players’ winnings.

The 26-year-old earned $23 million in endorsements with sportswear manufacturers Head and Nike after her victory at Roland Garros. She has also launched her own brand of sweets, Sugarpova.

Forbes list of the world’s highest-paid female athletes 2013

1. Maria Sharapova (RUS), tennis, $29 million
2. Serena Williams (USA), tennis, $20.5 million
3. Li Na (CHN), tennis, $18.2 million
4. Victoria Azarenka (BLR), tennis, $15.7 million
5. Danica Patrick (USA), Nascar, $15 million
6. Kim Yuna (KOR), figure skating, $14 million
7. Caroline Wozniacki (DEN), tennis, $13.6 million
8. Agnieszka Radwanska (POL), tennis, $7.4 million
9. Ana Ivanovic (SRB), tennis, $7 million
10. Paula Creamer (USA), golf, $5.5 million.

Tiger Woods

Woods back on top of Forbes’ sports earnings list

Tiger Woods

Tiger Woods, whose four wins this season have seen him return to the top of golf’s world rankings, is also back on top of Forbes’ list of highest-paid sports figures.

An article posted on the magazine’s website this week gives the rundown of the 2013 list, which will appear in the June 24 issue.

Woods had topped the Forbes list from 2001-2011 — staying there despite the loss of some sponsors in the wake of the sex scandal that engulfed him in November of 2009.

But he fell to third last year, behind boxers Floyd Mayweather and Manny Pacquiao.

Forbes calculates he is back on top, raking in $78.1 million over the 12 months from June 1, 2012 through June 1, 2013 from prize money, endorsements, appearance fees and golf course design work.

His resurgence on the course has seen him double his prize money from the previous 12 months.

According to Forbes, Woods’s victories have further boosted his income thanks to bonuses tied to wins from sponsors Nike and Rolex, while his course design business is improving after some setbacks.

Swiss tennis great Roger Federer ranks second on the list with earnings of $71.5 million, while Los Angeles Lakers star Kobe Bryant is third at 61.9 million.

Miami Heat star LeBron James, the NBA Most Valuable Player whose team is battling to repeat as champion this season, came in fourth with $59.8 million and New Orleans Saints quarterback Drew Brees completed the top five with $51 million.

Mayweather dropped from first to 14th this year — tied with Filipino fight king Pacquiao.

Mayweather had earnings of $34 million from his fight with Robert Guerrero in May, while in the period covered for the 2012 list he fought twice.

Pacquiao netted $26 million from his December fight with Juan Manuel Marquez, according to Forbes, which reckons Pacquiao also pulled in an estimated $8 million in endorsements.

Russian Maria Sharapova was the highest earning woman on the list, in 22nd place. Fellow tennis players Serena Williams of the United States and Li Na of China were the only other women in the list of 100 sports figures.

Forbes based its earnings figures on salaries, bonuses, prize money, appearance fees and licensing and endorsement income for the 12 months between June 1, 2012 and June 1, 2013.

Li Ka-shing photo

Asia has the world’s most billionaires

Li Ka-shing

Asia has more billionaires than any other continent, a survey by a China-based wealth magazine showed on Thursday, overtaking North America for the first time.

There were 1,453 people around the world with a personal wealth of $1 billion or more as of January, said the Hurun Report, a luxury magazine publisher that compiled the list. Asia had 608 billionaires, North America 440 and Europe 324,.

It is believed to be the first time Asia has been named as home of the largest proportion of super-rich on any global list.

US magazine Forbes said in its most recent international rich list, published in March last year, that the Asia-Pacific region had 315 billionaires, compared to 450 from North America and 310 in Europe.

Among individual countries, the United States and China dominated the Hurun list, with 408 and 317 billionaires respectively, followed by Russia, Germany and India.

Mexican telecoms czar Carlos Slim, 73, was ranked as the “Richest Man on the Planet” with a personal fortune of $66 billion. Slim also topped last year’s Forbes global list.

US investor Warren Buffett and Amancio Ortega of Spain, founder of fashion brand Zara, were second and third in the Hurun Report rankings, with a net worth of $58 billion and $55 billion respectively.

Hong Kong investor Li Ka-shing (pictured above) kept his title of Asia’s richest man with $32 billion, the seventh wealthiest person in the world.

“In China we’ve seen a huge urbanisation boom and that has created a lot of wealth in property,” Rupert Hoogewerf, chairman and chief researcher of the Hurun Report, told AFP.

Zong Qinghou, who heads soft-drink producer Wahaha, and Wang Jianlin of property developer Wanda were the only two from mainland China to make it into the top 100.

The Hurun Report estimated the total wealth of the world’s dollar billionaires at $5.5 trillion, roughly the size of the Japanese economy last year.

“This past year has seen a rebound in the wealth of the private sector,” it said, adding the net assets of the 10 richest people on the list rose 22 percent over the year, or $250 million a day.

Real estate, telecommunications, media and technology and retail were the most common sources of wealth, it added.

Moscow has more billionaires than any other city in the world with 76, it said, edging out New York, Hong Kong, Beijing and London.

Hoogewerf said the true number of billionaires in the world could be three times higher as some super-rich hid their worth.

“Some people deliberately make their wealth a secret because… they gained it through illegal ways,” he told reporters at a press conference. “Some others simply prefer to keep a low profile.”

Robin Li Baidu

Chinese billionaires lost a third of wealth in one year

Robin Li Baidu

Chinese billionaires have lost one-third of their combined wealth over the past year, according to new research, reported CBNC Monday.

The latest annual World Ultra Health Report 2012-2013 by wealth research firm Wealth-X revealed that Chinese billionaires lost value equivalent to US$160 billion from the period August 2011 to July 2012.
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