According to Forbes, Golfing pro Tiger Woods will become the world’s first billionaire athlete in the next few years.
In 2007 alone, Woods earned $115 million, $65 million more than the second highest paid athlete, David Beckham.
Woods’ career earnings will hit the $1 billion mark by 2010 but given the taxes (45%), Tiger Woods should join the list of the world’s billionaires in 2011.
It will be an unprecedented occurrence. There are plenty of billionaires who have excelled at sports, but there are no billionaires who accumulated their fortune by playing sports.
With oil skirting $130 a barrel and demand for business-class travel slowing, itâ€™s not the best time to launch an airline .
However, Forbes reports that Peter Leiman and Cameron Ogden, two Harvard Business School graduates are launching the new private jet taxi service, Blink, on June 12.
Blink’s current flight plans take you through much of Western Europe and the the tickets are up to 25% more expensive than regular business-class travel for seats on their four-seater Cessna Citation Mustang.
When the middle-class millionaire wants to wow her, he buys a diamond. Only the millionaire buys the rarest stone, one no one else will have.
On his travels, the millionaire goes where no one can find him–to an exclusive island resort featuring $185,000 fractional memberships in luxury vacation homes.
And at home, he relaxes not before the plasma TV but in his $150,000 yoga room where he receives massages while gazing at a Japanese-inspired garden outside.
Bill Gates is now only the third richest man with a net worth of $58 billion. Mexican telecom mogul, Carlos Slim HelÃº, trumps Gates by $2 billion.
Had Microsoft not made an unsolicited bid for Yahoo!, Gates would have kept the number one spot, which is now filled by Warren Buffet.
Naturally, the list had no shortage of Andreiâ€™s, Sergeiâ€™s or Dimitriâ€™s. However, it only places three Russian billionaires in the top 20.
Oleg Deripaska, Roman Abramovich, and Alexei Mordashov all share the title of â€œself-madeâ€ and each have made their fortune in aluminum.
Music icon Madonna topped Forbes magazine‘s first-ever list for the ‘Cash Queens of Music’. Madge’s earnings of 72 million dollars were 12million USD more than that of second place star Barbara Streisand, with an earning of 60million dollars.
Third place on the list went to Celine Dion with 45 million dollars in the bank, reports People magazine.
The top five was rounded of by Shakira and Beyonce who came in fourth and fifth place with an earning of 38 million dollars and 27 million dollars respectively.