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HOUSE OF THE DAY: Oracle Billionaire Larry Ellison Just Sold His Lake Tahoe Mansion For $20 Million

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ellison tahoe home

Oracle billionaire and mansion collector Larry Ellison has offloaded one of the properties in his portfolio, according to the Wall Street Journal.

His 2.62-acre spread on the shores of Lake Tahoe just sold for $20.35 million, property records show.

Ellison first listed the house in March of 2013. He had originally intended for this estate to be his primary residence in Lake Tahoe, but decided to sell it after buying a much larger property in Incline Village, on the north shore of the lake.

This home has six bedrooms, eight bathrooms, two piers, and a lakefront hot tub, among other stunning amenities. 

The 2.62-acre property is located in Glenbrook, a private neighborhood on the eastern shores of Lake Tahoe.



The estate includes a 9,242-square-foot main house in addition to a 1,326-square-foot guest house.



Inside, there are a number of fireplaces and other rustic details.



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What Not To Wear At The Office In The Summer

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Summer is hot, and heat can lead to some questionable fashion choices all in the name of staying cool.

Aaron Marino, an image consultant and men's style expert of iamalpham.com, and Kat Griffin, founder and editor-in-chief of Corporette.com, share some of the worst mistakes you can make when trying to keep cool at work.

Produced By Matt Johnston.

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No, Asian Eyelid Surgery Is Not About Looking More ‘White’

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Ha Ji-won korean movie star plastic surgeryNew York Magazine's Maureen O’Connor recently delved into the world of ethnic plastic surgery in a piece titled “Is Race Plastic? My Trip Into the ‘Ethnic Plastic Surgery’ Minefield” (it’s worth reading the whole thing).

She spoke with plastic surgeons and the people they’ve operated on about the different “ethnic” features coveted in plastic surgery. One of the more common surgeries she wrote about was double blepharo­plasty, often called "Asian eyelid surgery," and its intense racial implications.

The procedure received a lot of attention last year when Chinese-American talk-show host Julie Chen admitted on CBS’ “The Talk” that she had had the procedure done back in the ‘90s after her former news director because of her "Asian eyes," he had "noticed that when you're on camera, when you're interviewing someone you look disinterested and bored because your eyes are so heavy, they are so small.”

Even before then, CNN, Reuters, and other publications had done exposés on the procedure, and media outlets had covered everything from eyelid tape or glue (which creates a temporary crease in the eyelid) to eyelid trainers (which claim to make a permanent crease in the eyelid).  

The oft-repeated theme was that Asian people were having this plastic surgery to look more “Western.”

But the vast majority of people who get this procedure aren’t trying to fit a Western ideal at all, but an Asian ideal. They’re not interested in having Caucasian-shaped double eyelids — they want a more open, more alert-looking eyes with a subtle crease that has always been appealing in their own culture.

Not only are the desired shapes fundamentally different, but so is the surgery itself. According to the Asian Plastic Surgery Guide, Asian eyelid procedures don’t suck out fat (or as much fat) as cosmetic eye procedures on Caucasians, which are commonly done on older individuals whose eyelids have become droopy due to age.

Asian eyelid surgery, on the other hand, is often performed on younger individuals to simply create a subtle crease — sometimes with just a few carefully placed stitches — that makes the eyes appear larger. 

Under the umbrella of “Asian eyelid surgery,” there are a few different techniques. One of the most common is the suture technique, which costs less and has a quicker healing time. It takes less than an hour for a doctor to place a few well-aimed stitches that compress the eyelid into the ideal shape. The downside is that it's a less-permanent option, and patients may have to get the procedure done again.

There’s also the incisional technique, which is more customizable, but more expensive method with a longer recovery time. In this type of surgery excess skin or fat is cut from fuller eyelids, which makes the results permanent.asian eyelid surgery before and afterBut the end results of both types of surgery are more subtle than Caucasian blepharo­plasty surgeries. O’Connor spoke to Dr. Robert Flowers, a white plastic surgeon who has been doing Asian eyelid surgeries since the ‘60s, about the difference in procedural outcomes (emphasis ours):

Flowers advocated subtler surgeries, pointing out that naturally creased Asian eyelids—which he estimates occur in perhaps half of Asians—are not the same as Caucasian lids. Compared with Asian eyes, the white eye is more deeply set and the crease tends to run more parallel to the lash line. Asian creases may be narrow or nonexistent at the inner eye—the goopy pink corner may be covered by downward-angled skin called an epicanthic fold—but flared up at the outer edge, creating an overall tilted eye shape.

So with all evidence to the contrary, why do we keep insisting that the impetus behind this procedure is to look Western? While writing her article, O’Connor said the people who most consistently believed Asian eyelid surgery was an effort to look more "white" were white themselves. She wrote:

Was that a symptom of in-group narcissism—white people assuming everyone wants to look like them? Or is it an issue of salience—white people only paying attention to aesthetics they already understand? Or is white horror at ethnic plastic surgery a cover for something uglier: a xenophobic fear of nonwhites “passing” as white, dressed up as free-to-be-you-and-me political correctness?

Deciding to get plastic surgery is an intensely personal decision. Everyone’s motives are different, with plenty of complex reasons behind them. 

It’s time we stopped pretending otherwise. 

SEE ALSO: Korea's Plastic Surgery Obsession Is A Glimpse Into The Future

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This E-Commerce Company Threw Their Exiting CEO The Most Epic Send-Off Ever

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When Mark Sebba, CEO of e-commerce giant Net-a-Porter, showed up to work on July 29, he thought it was going to be just a regular day.

Little did he know his employees had a big surprise planned for him. 

As he entered the fashion company's London office, hundreds of employees lined up with signs that read "Mark Sebba, you're the MAN." Sebba is stepping down from his post after 11 years as CEO.net a porter send off

He looked pretty overwhelmed.net a porter sendoff

 As he walked down the hall, a gospel choir sang a rendition of Aloe Blacc's "The Man."net a porter sendoff

Employees from the company's New Jersey, Hong Kong, and Shanghai offices streamed their own flash mobs on a giant screen.net a porter sendoff

Then, a mariachi band showed up.net a porter sendoff

 People in crazy costumes and headdresses danced on tables.net a porter sendoff It all looked pretty insane from above.

net a porter sendoff

They even had people dancing outside.net a porter sendoff

And when it was over, Sebba took his coffee and sat down to work. net a porter sendoff

Check out the whole video here

SEE ALSO: Check Out The Sleek Los Angeles Headquarters Of Beats Electronics, The Company Apple Bought For $3 Billion

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This Brutal Mauritanian Train Ride Shows How Desperate People Are To Mine Iron Ore

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SNIM MauritaniaOn Tuesday, Mauritania and its partly government-run ore mining company, SNIM, reported that they expect to make 13 million tons of iron ore in 2014. That's a lot of iron. 

A majority of the iron ore in the North African country is found in its vast deserts, which are isolated from the major shipping ports on its coast. How does the ore get to the ports, and how do the laborers, who come from all over all the world for the promise of work, get to the mines? They take the train, of course. 

The journey starts in Nouadhibou, the second largest city in Mauritania and a major trade port.



Huge ships come from all over the world to pick up loads of freight. Nouadhibou is also home to many retired and abandoned ships, and is known as the world's largest ship graveyard.

Source



Nouadhibou is the western end of the Mauritania Railway. From here, the tracks run deep into the desert, some 437 miles.

Source



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Meet The Six 'Rich Kids Of Beverly Hills' Before Sunday's Season 2 Premiere

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rich kids of beverly hills

This Sunday, E!'s hit reality show "#RichKids of Beverly Hills" will return for a second season.

The hour-long, "Rich Kids Of Instagram" Tumblr-inspired show features six friends from 90210 who drop thousands of dollars on clothes, shoes, cars, and partying like it's their job  because that's exactly what it is for some of these "funemployed" 20-somethings. 

Get to know the cast and catch up on season 1 here before this weekend's season 2 premiere, which takes the "Rich Kids" to China.

Season 2 of "#RichKids of Beverly Hills" premieres this Sunday at 10/9c on E!

Meet 25-year-old Dorothy Wang, who was born and raised in Beverly Hills — "The best city in the world."

 

 

 



Dorothy says "Growing up, my parents never talked about money. It wasn't until it was printed in Forbes that I knew how much money we had."



Dorothy is currently "funemployed and fabuluxe," but "when I grow up I want to be the Asian sensation of the world."



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Oracle Billionaire Larry Ellison Has Added This Charming Hawaiian Hotel To His Collection

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In 2012, Oracle billionaire Larry Ellison purchased 98% of the Hawaiian island of Lanai with the plan to turn it into a model for sustainable living. Since then, he has been responsible for a majority of the real estate purchases that have gone down on the island, including the island's two Four Seasons resorts and 21 residential properties nearby.

Now he's added yet another hotel property to his portfolio. According to Pacific Business News, Ellison has purchased the Hotel Lanai, a classic Hawaiian lodge built by pineapple king James Dole in 1923.

Originally built to house Dole Plantation executives, it was the only hotel on Lanai until 1990.hotel lanai The tiny hotel only has 10 rooms, all furnished with classic Hawaiian decor. 

hotel lanai

There's also an adorable cottage in the back, with an additional guest room. hotel lanai

The property is charming, with many options for relaxing.hotel lanai

The hotel also has a 90-seat restaurant called the Lanai City Grille.lanai city grille

The restaurant is well-regarded in Lanai City, but business has slowed in recent years. There's been plenty of construction all over Lanai since Ellison purchased the island in 2012, but it hasn't led to a bump in visitors.

"We loved our little business, but it just became so hard to survive," hotel owner Mary Charles said to Pacific Business News. "Hotel occupancy for us was great, and in the 90 percent range, but the restaurant business, which is dependent upon the tourism trade, suffered." lanai city grille hotelOnly time will tell what Ellison plans to do with the hotel.

hotel lanai

SEE ALSO: The Incredible Real Estate Portfolio Of Oracle Billionaire Larry Ellison

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The Garages, Dorm Rooms, And Coffee Shops Where The World's Most Famous Tech Companies Were Started

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box garage

Even the most successful tech companies had to start somewhere. 

Many companies that are now worth billions were launched from makeshift headquarters in relatives' garages and living rooms.

Others were started in dorm rooms and coffee shops, where young coders could make use of the free Wi-Fi and plentiful caffeine. 

The tech world is filled with interesting founding stories — we've rounded up some of the best ones here.

Hewlett-Packard famously began in a Palo Alto garage.

Starting your company in a garage has become something of a tradition in the tech world. HP was the first, officially launching at the beginning of 1939.

The garage and the house it's connected to are now a private museum, considered by many to be the "birthplace of Silicon Valley." 



Steve Jobs built the first Apple computer in his parents' Silicon Valley home.

Steve Jobs grew up in this ranch-style home in Los Altos. In 1976, he and Steve Wozniak used the garage to assembled the first 50 Apple computers, which they then sold to Paul Terrell's Byte Shop for $500 each. 

The Los Altos Historical Commission has designated the house a "historic resource," which means that any future renovations will need to be approved by the city.



Google also started in a garage.

In the winter of 1998, Larry Page and Sergey Brin paid Susan Wojcicki $1,700 a month to work out of the garage in her Menlo Park home. They were still students at Stanford at the time. 

Brin later married Wojcicki's sister Anne, though the couple recently separated



See the rest of the story at Business Insider






The Most Expensive Homes In Finance, Ranked!

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Dan Loep 15CPW ApartmentThe top dogs in finance are worth millions and even billions, so it's no surprise they flaunt their exorbitant pay checks on the places they call home.

We found the most expensive homes belonging to bankers, hedge funders, and the kings of finance.

From oceanfront mansions with more rooms than you could possibly know what to do with to ritzy Manhattan penthouses with panoramic skyline views, any one of these properties will make you drool. 

To estimate the approximate current market value of the houses, we looked at public assessors' records and spoke to expert realtors in these homes' markets, including Kyle Egan, licensed real estate salesperson for Nest Seekers International, and Susan Breitenbach, licensed associate real estate broker with Corcoran Group.

 

#17 Peter and Jill Kraus' Park Avenue residence (TIE)

Estimated value: $30 million

Title: Former Merrill Lynch executive and wife

According to Curbed, Peter and Jill Kraus purchased this Park Ave. sweet spot for nearly double what the previous owner paid. The former "Goldmanite" worked for just three months at Merrill Lynch before collecting his $25 million bonus and resigning, eventually purchasing this impressive apartment.

Nest Seekers real estate broker Kyle Egan estimated the home at $30 million, based on a similar listing on another floor of the building.



#17 Julian Robertson's luxurious full-floor apartment (TIE)

Estimated value: $30 million

Title: Founder of Tiger Management Corp.

Julian Robertson purchased an apartment at the famous 740 Park Avenue complex for "just" $3.9 million, and later came to occupy the entire 27th floor, according to Egan. Given the high per-square-foot prices of a Park-facing unit, Roberton's five-apartment combination — totaling 8,000 square feet — is valued around $30 million.

The property was built by the grandfather of Jackie Kennedy Onassis, and has been home to numerous wealthy individuals, from David Koch to Vera Wang. Living here, however, comes with very high maintenance fees and carrying charges.



#16 Eddie Lampert's Florida mansion

Estimated value: $30.3 million

Title: Chairman of Sears Holdings Corp. and Founder, Chairman, and CEO of ESL Investments

Eddie Lampert set records for the most expensive single family home in Indian Creek Island when he purchased this property for $40 million in 2012. It's an extra-impressive feat, considering the neighborhood's affluence.

The seven-bedroom, Italian-style home is set on 2.7 acres in Biscayne Bay, and includes luxurious features like a reflecting pool at the entrance. Public assessor records estimate the home is worth $30.3 million today.



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The Fabulous Life Of Billionaire Mavs Owner Mark Cuban

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mark cuban mavericks title

Mark Cuban lives a life most people envy. 

After selling his dot com company in the late nineties for $5.9 billion, Cuban has been able to live large. And live large, he has.

One of his biggest purchases was a majority stake of the Dallas Mavericks, and ever since, he's become a huge voice in the sports world.

What does it feel like to be a billionaire? Cuban told James Altucher on a podcast:

"The billion was, 'I can't f---ing believe it.' Literally, I was sitting in front of a computer, naked, hitting the refresh because we were close — waiting until my net worth hit that billion when the stock price got to a certain point, and then I kinda screamed and jumped around and then got dressed."

Even in college, Cuban was a businessman.

He and his friends had a bar called Motely's Pub but it was shut down because they had a wet t-shirt contest with an underage girl in it.



After graduating from the University of Indiana, he took a job as a bartender in Dallas.

He also had a job as a salesperson at a PC retailer in Dallas, but he was fired in less than a year when instead of opening the store, he met with a client about new business.



So this is when Cuban decided to take matters in his own hands.

Cuban's first business was called MicroSolutions. But a few years later, in 1990, Cuban sold this company to CompuServ for $6 million. Cuban cleared $2 million after taxes, and by the time he had sold the company, he had already saved up about $1 million.



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Experts Say These Are The 20 Best Beers In The World

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german drinking beer

Two Stanford computer scientists proved last year that beer geeks have great taste. 

Stanford University computer science post-doc Julian McAuley and assistant professor Jure Leskovec released a paper in 2013 outlining how our tastes change as we consume more products and gain more expertise.

They theorized that the more experience we have, the more we will like certain products that are less accessible to beginners.

McAuley and Leskovec developed a model to help them separate "expert" users from "beginners" on a given review website. You can read all about it here, but briefly, it takes into account the number of reviews a user has written, and how the user's ratings evolved compared to the rest of the "expert" community (those who have written more than 50 reviews).

In honor of International Beer Day, we are sharing their data for the highest-rated beers by experts on RateBeer, the largest beer-rating website, with more than 3 million beer reviews.

#20 Stone's Imperial Russian Stout

Brewed in Escondido, California, experts on RateBeer gave Stone Brewing Co.'s Imperial Russian Stout 4.215 out of 5 stars.

The brew is thick, rich, and pours black with a roasted, complex aroma of black currants, coffee, and anise.

Ratings on RateBeer are out of 5, and factor in aroma, appearance, taste, palate, and an overall score. "Experts" are defined by the Stanford University study as RateBeer users who are assigned the highest experience level based on volume of reviews and how their ratings compare to other "experts." Click here to learn more about the methodology.



#19 Bell's Batch 7000 Ale

This imperial Stout from Bell's Brewery in Kalamazoo, Michigan was rated 4.226 by experts on RateBeer.

Brewed in honor of the brewery's 7,000th batch, it pours dark with almost no head and flavor undertones of vanilla and caramel.

Ratings on RateBeer are out of 5, and factor in aroma, appearance, taste, palate, and an overall rating.
"Experts" are defined by the Stanford University study as RateBeer users who are assigned the highest experience level based on volume of reviews and how their ratings compare to other "experts." Click here to learn more about the methodology.



#18 Bell's Hopslam Ale

Another beer from Kalamazoo's Bell's Brewery, Bell's Hopslam Ale is an Imperial/Double IPA beer that was rated 4.229 stars by RateBeer experts.

Bell's used six different kinds of hops to make this beer, which has floral and grapefruit notes.

Ratings on RateBeer are out of 5, and factor in aroma, appearance, taste, palate, and an overall rating.
"Experts" are defined by the Stanford University study as RateBeer users who are assigned the highest experience level based on volume of reviews and how their ratings compare to other "experts." Click here to learn more about the methodology.



See the rest of the story at Business Insider






How 16 Of The Oldest Companies On Earth Have Been Making Money For Centuries

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Most companies live between 40 and 50 years

So there must be something about the businesses that have persisted for 300, 500, or 1,300 years.

When we doveinto the data on the world's oldest companies, a few themes became clear — like that people have wanted to eat food, get drunk, learn things, and maybe kill each other once in a while for a really long time. 

Here's a list of companies with timelines that dwarf that of the U.S. itself, because startups have lots to learn from their elders.

705 — Nisiyama Onsen Keiunkan in Yamanashi, Japan

The hot spring hotel has been in operation since 705, making it the oldest running hotel in the world, according to the Guinness Book of World Records.

The inn has been run by the same family for 52 generations, according to Japan Page, the English-language expat site. The secret to its success is a sense of inter-generational pride, the report says

... There are even some staff whose families have held the same post for generations, passing it from parent to child to grandchild. All the same, the staff are committed and courteous, earning wages for themselves and their families. They put their all into offering a spirit of service that stems from a shared desire to protect the inn. This unflagging commitment and hospitality is drawing attention from the hotel industries worldwide.

In management-speak, we call that alignment. Generations of it. 



803 — Stiftskeller St. Peter in Salzburg, Austria

This restaurant inside St. Peter's Abbey in Salzburg, Austria, may be the oldest continuously running restaurant in Europe, and perhaps the world. 

Its reputation precedes it. The classy dining spot was written about by Alcuin, a follower of the world-conquering emperor Charlemagne back in 803. According to Atlas Obscura, "the restaurant has also been host to countless dignitaries over its 1,200-year history, including cardinals, kings, and in more modern times Bill Clinton and Clint Eastwood."



900 — Sean's Bar in Athlone, Ireland

Sean's Bar is one of the oldest bars in Ireland and also in Europe. Fun fact: Excavations have revealed mugs and coins from centuries of carousing

The secret of its success? Location, location, location From the bar's site

... Sean's Bar is located in the very heart of Ireland, on the banks of the beautiful River Shannon at its intersection with the Esker Riada - the ancient route carved by glaciers that allowed travelers safe passage across the bog for thousands of years. You can find us just next to Athlone Castle, a 12th century Norman Castle whose residents may have frequented the pub!



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Second Life Has Devolved Into A Post-Apocalyptic Virtual World, And The Weirdest Thing Is How Many People Still Use It

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Second Life 14Remember Second Life?

Launched in 2003 by Linden Lab, it was an unprecedentedly wide and open free online world (which allowed real-money purchases). Complete with its own in-game currency, it was a virtual reality with no objective other than to let people build and do what they want, and people were obsessed with it. Second Life was on the cover of Businessweek, major brands like Disney and Amazon opened up virtual shops, and universities were re-created with classes to boot. By 2009, around 1,400 companies were using the space to hold meetings and conduct trainings.

But somewhere along the line, the excitement died. Companies started pulling out of the world. Updates were few and far between. What started out as a social network was replaced by new networks, not least of which was Facebook, which is "probably better, cheaper, and more reliable, and no doubt more accessible," wrote Wired's Mark Wallace.

"Practically speaking, Second Life is stagnant, and has been for years," Second Life content creator William Reed Seal-Foss commented recently.

Despite gloomy developments such as this, however, as many as 1 million people still regularly log into Second Life, a number close to peak users. What's changed is a collapse in expectations and media attention. Also a shift in the in-game focus away from lectures and re-created life and toward sex clubs, dancing, and contests. Second life is having a "strange second life," as The Verge's Chris Stokel-Walker wrote last year.

Also there is hope for a resurgence as Linden Lab develops integration of the Oculus Rift virtual reality headset.

I signed up for Second Life when it launched and played for a couple of days before deciding the world wasn't for me. Intrigued to see what it's like today, however, I signed up again and spent a few hours there last weekend. For help getting around, I recruited a woman who goes by the name Judy Brodie in the game, who has played at least 7 hours a week since 2004 and who met her real-life husband in the virtual world.

When I first logged in, I was dropped in a kind of beginner world full of other users. But there's little to do there other than learn figure out the controls. I discovered I can fly, which is cool.



I soon got the hang of walking (and flying) and tried to figure out where to go. Intrigued by talk of a "Game of Thrones" simulator, I teleported to King's Landing. Fans of the show were there indeed, but they were talking to each other and ignored my greeting of "hey guys."



Nobody would talk to me, so I hit the road. The game glitched and I accidentally walked through a hill and ended up on this cliff, pondering what to do next in front of a giant sun.



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Easy Steps To Instantly Improve Your Handwriting

Massively Popular Instagram Account Portrays NYC As An Empty Urban Landscape Where Only Ballerinas Roam

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Ballerina NYC

Wildly popular Instagram account "Ballerina Project" has created something magnificent. 

For over 14 years, photographer Dane Shitagi has been photographing beautiful, strong, and powerful women dancing all over New York City. 

This is not your run of the mill catalog dance photography. The juxtaposition of the incredible strength of the dancers' bodies plus a seemingly devoid urban landscape creates a captivating visual experience. 

The Tumblr page for the Ballerina Project explains the high caliber of talent used in these photographs:

The majority of ballerinas who have posed for the project are currently or have danced for companies such as American Ballet Theater, Boston Ballet, Birmingham Royal Ballet, Dresden Semperopera Ballet, Tulsa Ballet, Pennsylvania Ballet, Complexions Contemporary Ballet, Miami City Ballet, Suzanne Farrell Ballet, Ballet West, New York City Ballet, San Francisco Ballet and Pacific Northwest Ballet.

When social media emerged, Shitagi took advantage, creating pages for his photo series on Facebook, Instagram, Tumblr, Pinterest, and Twitter. Currently, it is the largest dance photography page on Facebook with 850,000 "likes" and its Instagram account has about 500,000 followers.

"Much of the project has been photographed on traditional film and cameras," Shitagi explains on Tumblr. "Only as of the late Spring 2012 the project has begun to incorporate digital photography for a portion of our latest images." 

Shitagi wanted to take advantage of all of the boroughs when he set out to create this series. This is Prospect Park in Brooklyn.



Fourteen years ago, when the project began, most of the photos were taken using film.



It wasn't until 2011 or so, that Shitagi incorporated digital elements.



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22 Brilliant Insights From Richard Branson

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When Richard Branson was 16, he started a magazine called "Student."

Six years later, he opened up a recording studio. The company's first song — a track called "Tubular Bells" by Mike Oldfield — stayed on the U.K. charts for 247 weeks. 

The Virgin empire had begun.

Now at 64, Branson is equal parts man, myth, and legend. His Virgin Group is composed of 400 companies, employs 60,000 people, and operates in more than 30 countries. He has an estimated net worth of $5 billion.

Branson also has a flair for the dramatic. He's crossed the Atlantic Ocean in a hot air balloon and kite-surfed across the English Channel.

To gain an understanding of the adventurous, wildly successful entrepreneur, we combed through his talks, interviews, and profiles. Here's what we found.

On entrepreneurship

"Entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it." 

[Virgin, 2014]



On human interaction

"When I was young, every time I criticized someone, my mother would stand me in front of the mirror and say: 'The flaws you see in others are actually a reflection of yourself.' That taught me to pay close attention when I looked at others.

"[My parents] also taught me to listen and value other people's advice and opinions. So I have always applied this in business and tried to be a good leader and bring out the best in people by listening to them, trusting in them, believing in them, respecting them and letting them have a go!"

[The Gentleman's Journal, December 2012]



On purpose

"A business is simply an idea to make other people's lives better."

[Inc., April 2013]



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