Quantcast
Channel: Business Insider
Browsing All 48857 Browse Latest View Live
Mark channel Not-Safe-For-Work? cancel confirm NSFW Votes: (0 votes)
Are you the publisher? Claim or contact us about this channel.
0

Unbelievable video of a man feeding alligators with his mouth in a Louisiana swamp

0
0

Lance Lacrosse performed this marshmallow stunt in a Louisiana swamp where he works as a tour guide. He has since been dissuaded from performing that stunt because it was pointed out to be against the rules in Louisiana.

Lance told the media: “I don't disrespect them, I don't try to drag them out the water, hold them down, wrestle them. As you seen in the video, I pick 'em up and put 'em right back down. I'm never rough with them.''

Produced by Jason Gaines. Video courtesy of Associated Press.

Follow BI Video:On Facebook

 

Join the conversation about this story »








Why Samsung's most gorgeous Galaxy phones yet will leave you with mixed feelings

0
0

Samsung  just added not one, but two new devices to its flagship smartphone line – the Samsung Galaxy S 6 and the Galaxy S 6 Edge. This new line of phones represents a huge shift in design for Samsung, as the company has moved from plastic to full metal and glass bodies. Take a first look at Samsung's beautiful new flagship phones.

Produced by Will Wei

Follow BI Video: On Facebook

Join the conversation about this story »








Two kids were given only one sandwich — what they did next will make you smile

How to beat jet lag, from a CEO with an insane travel schedule

0
0

tired work

Most people know John Thompson as the chairman of Microsoft and iconic decade-long former CEO of Symantec.

He also spent 28 years with IBM, rising from salesperson to a top executive, in charge of IBM Americas.

While that seems like a career enough for any human, it's not for Thompson. He's still going strong as the CEO of a fast-growing San Jose, California, startup called Virtual Instruments.

What do all of those jobs have in common? Travel. And lots of it.

Thompson's schedule is downright nuts, he told us in an interview.

In a two-week period in February, he will travel from the Bay Area to Detroit to Toronto back to the Bay Area and then to New York, London and to Columbus, Ohio with his wife, "to see our granddaughter in her first play." Then back to the Bay Are for one night, and then off to Singapore, Australia, and Hong Kong for ten days. And in between, he'll romp off to Seattle for a Microsoft board meeting.

Does he ever suffer jet lag?

Nope. "Jet lag is psychological," he tells us, "If you don’t think you’re gonna have jet lag, you won’t."

That said, he does have a few strategies for avoiding it. There's the classic one: "live on local time," he says.

John Thompson

The key tip to that is to sleep on the plane before you arrive.

"Let’s just take my trip to Europe next week. I get on the plane, I take two Excedrin PM, and I go to sleep. And I wake up and it’s typically 10:30, 11 o'clock in the morning in London, and I work all day. You don’t take a nap, you take a shower, you go to work and you work all day, and you run your body on local time."

The other tip is also essential. "At some point over the course of about 2 or 3 weeks, you do need to kind of catch up," he says. So plan on taking your nap and/or going to bed early for a night or two every few weeks.

John ThompsonAnd the best tip of them all: own your own plane.

Thompson, who was one of the highest paid tech execs in the industry during the heyday of Symantec, does own a plane.

But, interestingly enough, he doesn't tend to use for the trips that can cause jet lag, he says.

"When I travel internationally I take commercial flights. I often take commercial flights here in the US. I don’t use my plane for every trip that I take, it depends upon how many stops that I’m making, and that kind of stuff. If it’s a simple go to New York and back, a commercial flight is just as fine."

SEE ALSO: Microsoft chairman John Thompson tells us about his insanely fabulous life and his $100 million startup

Join the conversation about this story »

NOW WATCH: The science behind why technology is so addictive








What it's like to ride 'the Train of Death' from Mexico to the US

0
0

MFrankfurter_Destino_10Photographer Michelle Frankfurter had traveled to Mexico, the US-Mexico border, and Central America for years, working first as a photojournalist and then as a human-rights worker. During her travels, she heard about a particular route that hopeful migrants take to reach the United States. In 2009, she set out to follow it.

Following the path described in Sonia Nazario's award-winning book "Enrique's Journey," Frankfurter headed to southern Mexico and followed the path north. In six journeys, she rode the treacherous El Tren de la Muerte (The Train of Death), came into contact with the drug cartels, and befriended numerous migrant families, many of whom never made it to the US.

Frankfurter has shared some of her photos with us here, but you can check out the rest at her website or in her book "Destino," available now.

The first step of the journey for Frankfurter and thousands of migrants is crossing the Suchiate River between the Guatemalan border town of Tecún Umán and the Mexican town of Hidalgo in the southern state of Chiapas. Migrants ride rafts made of tractor tires across the water.

 



After crossing the river, migrants hike 150 miles on foot to avoid Mexican migration checkpoints and reach Arriaga, a city in Chiapas. Here, a Salvadoran woman feeds her 18-month-old son at a migrant shelter in Chiapas after making the trek.

 

 

 



Frankfurter began the most significant part of her journey in Arriaga. Here, most migrants catch a freight train illegally to start their trek north.

 

 

 



See the rest of the story at Business Insider






For tech entrepreneurs in Silicon Beach, surfing is the new golf

0
0

silicon beach surfers

There are lots of perks to starting a company in Southern California, whether it's the warm weather, proximity to Hollywood, or reasonable distance from Silicon Valley.

A group of about 300 people working in tech, investing, media, and entertainment in Los Angeles are making the most of one perk in particular: the Pacific Ocean.

Calling themselves the Silicon Beach Surfers, this group of entrepreneurial-minded folk meets several times a month to hang out, network, and shred some waves.

The group ranges from rookies to expert surfers. They're always trying out different beaches, from Point Dume in Malibu to the Trestles near San Diego.

Robert Lambert, founder of tech networking group Silicon Beach LA, started the surfing group with a few friends in 2012. 

"In many cities and industries, the business sports are still golf, tennis, and racquetball," Lambert said to Business Insider. "Here in L.A. the sport of choice is surfing, which is apparent when you realize how many of the more active and influential people in the L.A. tech and startup community surf."

Lambert runs the Silicon Beach Surfers operation out of a surf shack in Manhattan Beach, not far from where many of the startups are based. He receives about 10 applications for membership each week and usually accepts three of that group. It costs $50 to apply, and each person has to go through a one-month trial. Once they're approved, membership costs $30 each month. 

silicon beach surfers

Beyond how fun it is to do, surfing has become a way for people in the L.A. tech community to make important contacts. Lambert says the group includes employees from Omaze, Crowdfunder, Fullscreen, and Dreamworks, just to name a few.

"Surfing with the group has been really helpful, whether it's for information, advice or contacts," Hans Yang, VP of Operations for on-demand parking service Luxe Valet, said to Business Insider. "The contacts range from new entrepreneurs all the way to established investors ... And regardless of experience, I enjoy surfing with all of them."

silicon beach surfers

Morris May, a special effects expert and founder of virtual reality company Specular Theory, has made several big hires based on contacts he made with the Silicon Beach Surfers. He appointed Ryan Pulliam as Specular Theory's CMO after meeting her surfing.

Being introduced to Jessica Kantor, an associate director of marketing at the Sundance Institute, also ended up being huge for May's business.

"We were just hanging out at the surf house, and I told her I do VR. She said, 'I’m really interested in that,'" May told Business Insider. 

Kantor introduced May to Sundance's New Frontier team, who helped coordinate an exhibit of Specular Theory's work at the Sundance Film Festival in January.

"That ended up fueling an enormous amount of press for us," May said.

silicon beach surfersThe Silicon Beach Surfers aren't all about work, though.

"It’s not only business contacts, but people I genuinely enjoy spending time with," May said. "80% of the time it’s just for fun."

For Kantor, who didn't know many people when she moved to Los Angeles from New York two years ago, they've been a welcoming community for both work and play. 

"They've become my social group. We'll talk about the waves while we're on the sand," Kantor said. "Then once we're in the water we'll talk about work in between waves. I’ve found everyone to be super warm, and I’m so excited about lots of their projects." 

SEE ALSO: See why more startups than ever are setting up shop on the beach in Los Angeles

Join the conversation about this story »

NOW WATCH: 14 things you didn't know your iPhone headphones could do








The personality types of all 50 states

0
0

We've all heard the stereotype of the friendly Midwesterner, or the neurotic New Yorker. They're stereotypes, yes, but it turns out there may be some truth to them.

Personality and career assessment site Truity surveyed more than 12,000 residents in all 50 states and D.C. to find out if where you grew up has any bearing on your personality. Truity ranked the states based on the Big Five dimensions of personality: engaging with the world, getting along with others, responding to stress, using your mind, and organizing your life.

Truity found that states like Nevada, home to Sin City Las Vegas, is the most extroverted state in the US, and that the Dakotas were the "friendly conservative" states in the country. Not surprising. But the most neurotic state, the survey found, isn't New York — it's South Dakota; and the friendliest state of the bunch is Montana. No Midwestern states fell in the top five there.

Take a look at Truity's infographic below to see the results in full.

State Personalities graphic, Truity, updated

SEE ALSO: The best careers for your personality type

PIN IT: See more graphics on Business Insider's Pinterest!

Join the conversation about this story »








You can rent one of Larry Ellison's stunning Malibu homes for $65,000 a month this summer

0
0

ellison malibu

A beachfront home owned by Oracle billionaire Larry Ellison will be available to rent this summer, the Los Angeles Times reports.

Th 2,880-square-foot cottage is one of some two dozen properties Ellison owns in the Carbon Beach area of Malibu. The home will be available for $65,000 a month in June and September.

Renters will also have to pay a $35,000 security deposit.

The home is charming, with beamed ceilings and amazing ocean views.

The home is located on Pacific Coast Highway in Malibu, near Los Angeles. At the front entryway, you'll find a pleasant garden filled with flowers.



Inside, the home has hardwood floors and beamed ceilings.



In the living room, wide doors open to let in the ocean breeze.



See the rest of the story at Business Insider






This is the first space selfie — and it's awesome

0
0

You probably know Buzz Aldrin as the second guy to set foot on the Moon.

Or maybe as the namesake for Toy Story's Buzz Lightyear.

But Edwin Eugene Aldrin, Jr. also has the honor of being the first person to take a selfie in space.

Aldrin snapped the photo in November 1966, during Gemini 12, the last mission of a program meant to test astronauts' ability to dock with spacecraft already in orbit.

While he was at it, Aldrin also set a record for time spent outside his spacecraft (called an EVA, or extravehicular activity), at five and a half hours. Here's the photo:

first selfie in space Buzz Aldrin auction photo

The eight by ten inch photo was among hundreds of vintage space photos sold at London's Bloomsbury Auction on February 26 — see more of them in our slideshow.

Aldrin's seminal selfie went for more than $9,000 (£5,952) — way more than the auction house's minimum estimation of $900 (£600).

SEE ALSO: 21 beautiful, vintage photographs of NASA's glory days

DON'T MISS: These Stunning Images Prove That Life On The Space Station Is Just As Mind-Blowing As 'Gravity' Makes It Seem

Join the conversation about this story »

NOW WATCH: Here Are All The Awful Things That Happen To Your Body In Space








New startup Vive offers unlimited monthly blowouts for $99, and women are going nuts

0
0

vive alanna gregory cristin armstrong

A new startup, Vive, is launching in the next few weeks to fulfill the dreams of women all over New York City.

Gone are the days when getting a blowout was a special treat you gave yourself before a friend's wedding or a first date. Starting at the end of the month, Vive is offering a subscription-based service: unlimited blowouts (that means wash and dry, no haircuts or coloring) for only $99 per month.

It's like Classpass, but for hair. In fact, an investor source says Vive's founder, Alanna Gregory, has already gotten some advice from Classpass co-founder Payal Kadakia.

Alanna Gregory told Business Insider she was working as a research analyst at Barclays when she came up with the idea for Vive.

"I was getting my hair blown out pretty frequently," Gregory remembers. "I have very curly hair."

Gregory was finding it difficult to find places to get her hair blown out, other than the very popular Drybar salon, which specializes in blowouts but can sometimes book up days or weeks in advance. 

She and her hairstylist of ten years, Cristin Armstrong, came up with the idea for Vive together, pointing out at first that they wanted to take the at-home route like competitors Glamsquad and Priv, but eventually decided "the salon experience is something people really enjoy."

Vive, Gregory tells Business Insider, saves time and money, offering dozens and dozens of salons throughout Manhattan that subscribers can visit for a blowout — as many times a month as they want. 

The average blowout can cost anywhere between $25-$50 (Drybar blowouts cost $40) so even going to the salon once a week for a month can quickly make the $99 fee worth it.

And the quality of salons is very important to the Vive team. 

"Each salon is handpicked by us," Gregory tells Business Insider. "We're very strict about quality control."

According to an email Business Insider reviewed, Vive may also begin offering unlimited monthly manicures for $49. When you consider the average manicure costs about $10-15, many women would consider that a steal. Gregory declined to comment on the manicure service.

Vive is just one of a few startups that are picking up on the "Classpass of everything" trend.

For the past few years, a lot of startups have been focusing on the "uberization" of the world, using Uber's business model for rides and applying it to other markets, like on-demand shipping, groceries, dog-sitting and more.

Classpass is a break-out NYC startup that's has earned a reported $60 million run rate by bundling up small business services. Classpass works with thousands of local dance, pilate, spin, yoga and other fitness classes to create a $99-per-month gym-like membership, where users can hop from studio to studio. Vive is a first of many likely Classpass spinoffs, which will try to benefit from bundling tons of local offerings together.

Vive isn't formally round of funding yet, but a number of investors are familiar with Gregory. One says Gregory will likely raise $1 million in the next two or three months to get Vive off the ground.

Gregory and her team are planning on making a lot of formal announcements about the company in the coming weeks, with an end-of-March launch date in mind. But women are already going nuts in anticipation of the service.

For now, the site is collecting email addresses for those wanting to stay in the loop.

Join the conversation about this story »

NOW WATCH: 14 things you didn't know your iPhone headphones could do








The most affordable small town in every state

0
0

Clear Lake, South DakotaCost of living makes a big difference when choosing where to move — and not all places were created equal. 

We found the most affordable small town in every state.

To do this we looked at towns with populations between 1,000 and 10,000 whose households spend no more than 30% of their annual income on housing costs. We looked at the average cost of three types of housing — owned houses with a mortgage, owned houses without a mortgage, and rentals — and took a weighted average of these by the proportion of each type of home in the town.

Click here to read more about our methodology.

ALABAMA: Fayetteville

93% of homes are affordable.

An hour south of Birmingham, Fayetteville is actually named after a town in Tennessee from which early residents migrated. Employing over 33% of residents, retail is the most popular industry here, followed by manufacturing, which employs 15% of residents. 



ALASKA: Healy

91.5% of homes are affordable.

Only 11 miles from the Denali National Park and Preserve, Healy offers several lodging and dining options for park visitors, creating a strong tourism industry in the town. However, more than tourism, coal mining in nearby Usibelli Coal Mine makes up most of Healy's livelihood. 



ARIZONA: Quartzsite

93.2% of homes are affordable.

Just 18 miles east of the Colorado River, Quartzsite is best known for its beautiful assortment of rocks and minerals— as evidenced by its name. On first glance it might not sound like the most exciting industry, but the town's gem trade entices thousands of visitors per year. There is even a two-month-long gem show that starts in January. 



See the rest of the story at Business Insider






The 20 richest people on the planet

0
0

warren buffett bill gates ping pong

Forbes is out with its annual list of the wealthiest people on the planet.

Microsoft founder Bill Gates remained in the top spot for the second year in a row, having added $3.2 billion to his personal wealth.

Tech tycoons continued to dominate, with Larry Ellison, Mark Zuckerberg, Jeff Bezos, Larry Page, and Sergey Brin all appearing in the top 20. With the boom in Silicon Valley, Forbes notes that California is now home to 131 billionaires, "more than any other country besides China and the US."

You can see Forbes' complete billionaires list here. We're taking a closer look at the top 20.

#20 Sergey Brin

Net worth: $29.2 billion

Lost $2.6 billion since 2014; dropped 1 spot on the Forbes list

Brin is the cofounder of Google along with Larry Page.



#19 Larry Page

Net worth: $29.7 billion

Lost $2.6 billion since 2013; dropped 2 spots on the Forbes list

Page is the cofounder of Google, along with Sergey Brin.



#18 Sheldon Adelson

Net worth: $31.4 billion

Lost $6.6 billion since 2013; dropped 10 spots on the Forbes list

Shares of casino tycoon Sheldon Adelson's Las Vegas Sands Corp. were down 30% this year, largely because of a crackdown in Macau, where the company runs several properties.

 

 



See the rest of the story at Business Insider






The 27 coolest new businesses in New Orleans

0
0

Coolest New Businesses in New Orleans

Despite the devastation of Hurricane Katrina in 2005, New Orleans is back on its feet and thriving in the entrepreneurial sector.

Innovative new businesses are popping up all over NOLA. There's an app that tracks employee happiness, a company that creates soil-less urban farms inside recycled shipping containers, and a boutique that sells hand-crafted bikes for women. 

We scoured the Big Easy to find the coolest small businesses that opened in the last five years or so. 

Are there any we missed? Let us know in the comments.

1000 Figs

3141 Ponce De Leon

What it is: A Mediterranean restaurant inspired by a food truck.

Why it's cool: Fans of the Fat Falafel food truck, a New Orleans favorite, can now enjoy the truck's signature dishes year-round at 1000 Figs, the brick-and-mortar version of the popular moving restaurant. The newly opened eatery offers simple, yet flavorful Mediterranean dishes and is considered by locals to be the best falafel in the city, bar none.



BarNotes

Online, based in New Orleans

What it is: A cocktail discovery platform and community for cocktail professionals.

Why it's cool: This app not only brings creativity and innovation back to the cocktail scene, but makes it a social experience at the same time. Users can find new recipes and hot spots in their hometown, as well as share photos and ideas of their own. "Drinking is inherently a social activity," says co-founder Peter Bodenheimer. "We want to build on that through events, cocktail kits, and continuing to build the BarNotes lifestyle brand."

It's a useful app for anyone from the casual drinker to the experienced mixologist, as long as you're focused on real, handcrafted cocktails. Prepackaged knockoffs aren't welcome here.



Be Well Nutrition

1441 Canal St.

What it is: A startup aiming to redefine energy drinks.

Why it's cool: With their signature drink, Iconic, Be Well Nutrition aims to build a better meal-replacement drink. Instead of loading up on sugar for an energy boost, Iconic is made with natural ingredients. Though the company is still young, it has garnered some serious attention, winning several local business competitions.

 



See the rest of the story at Business Insider






Edward Norton just released a special edition run of the coat he wore in 'Birdman'

0
0

birdman edward norton jacket style

Edward Norton just released a special edition run of the coat he wore in "Birdman."

Norton says that his friends and co-workers all wanted one after seeing him rock it in the film. As a result, he teamed up with the designer to re-release it for a limited run.

Norton writes that "every dollar from the purchase of this special edition is being contributed by Osklen and Fancy to one of the greatest environmental protection and sustainable development projects on the planet... one I've been involved with for 12 years: The Maasai Wilderness Conservation Trust."

Get Edward Norton's "Shiner Jacket" from the movie "Birdman": $300


 

SEE ALSO: 6 shampoos to use if you're worried about hair loss

SEE ALSO: The 5 best headphones you can get this week for under $20

SEE ALSO: The 16 greatest books about how to be a man

Join the conversation about this story »

NOW WATCH: 14 things you didn't know your iPhone headphones could do








Why you should never completely trust the photos on hotel websites

0
0

Maca Bana's .1024x0.jpg

Hotels aren't always completely honest when it comes to the photos they post on their websites.

Professional reviewers from the hotel review website Oyster visited vacation properties around the world, and the photos they took didn't quite match up with the online fantasy.

If you're thinking of booking a warm getaway to escape the bitter winter cold, let these "photo fakeouts" serve as a cautionary tale against relying solely on hotels' marketing materials. 

Some are so egregious, you'll think you are looking at pictures of two completely different properties.

FANTASY: Guest at the Sandals Carlyle Inn can relax on cozy lounge chairs on a beautiful white sand beach.



REALITY: The beach is actually a tiny patch of sand right off a busy street.

Read the full Sandals Carlyle Inn review.



FANTASY: At Maca Bana in Grenada, you can sip cocktails by a gorgeous pool and soak in the incredible views.

Read the full review at Oyster.



See the rest of the story at Business Insider






The 15 richest people in tech

0
0

Larry Page

Forbes has released its annual list of the wealthiest people in the world.

Somewhat unsurprisingly, many of the people appearing on Forbes' list made their fortunes by pursuing careers in tech.

Thanks in part to the tech boom, the state of California now has 131 people with a net worth of at least $1 billion. 

We've rounded up the 15 wealthiest people in tech, but you can see the rest of the list at Forbes.

15. Shiv Nadar is the cofounder of the HCL Group.

Global rank: 66

Net worth: $14.8 billion

Age: 69

Source of wealth: information technology

Source: Forbes



14. Robin Li is the founder and CEO of Baidu.

Global rank: 62

Net worth: $15.3 billion

Age: 46

Source: internet search

Source: Forbes



13. Ma Huateng is the chairman and CEO of Tencent.

Global rank: 56

Net worth: $16.1 billion

Age: 43

Source: internet media

Source: Forbes



See the rest of the story at Business Insider






MICHAEL JORDAN: How the richest NBA player ever spends his $1 billion

0
0

michael jordan nba owner

Michael Jordan is on the Forbes list of billionaires for the first time.

Since he retired a decade ago, he has built one of the most successful, lucrative careers we've ever seen from a former athlete.

From sprawling houses to custom planes to his own golf course, he's clearly enjoying life after hoops.

Jordan still makes more money than LeBron, Kobe, or any other active player.

 



He reportedly makes $100 million per year from Nike royalties alone.

Source: ESPN



That's way more than he made in salary while he played. He made $90.2 million TOTAL in NBA salary.

Source: Basketball-Reference



See the rest of the story at Business Insider






Sorry guys, but you can't actually wear sweatpants to work

0
0

sweatpants

For sweatpants, 2014 was a big year.

Not only were they seen on every fashion runway, but most major retailers put out a line of slim, tailored sweatpants, solidifying them in the mind of the fashion-concious as appropriate street wear.

Following that, major fashion media outlets jumped on the hype train and took the rise of sweatpants to the next logical step. Dozens of articles explaining how to wear these new fancy sweatpants in a work environment can be found on the web.

Can that be? Soft and comfortable pants that are also work appropriate?Sounds too good to be true!

And it is.

It doesn't matter whether your sweatpants are the $100 Nike Tech Fleece coveted by the masses or the $6 Fruit of the Loom worn by the masses, sweatpants, by virtue of their aesthetic, construction, and intended use, are not to be worn at the office.

Barron Cuadro, creator of men's lifestyle blog Effortless Gent agrees, telling us "regardless of how well-fitting they are, they're still sweatpants."

"Unless you work at a gym, keep them out of the office," he says.

Here are three simple reasons why you'll never be able to get away with wearing sweats to work:

  • Everyone will know. You can't hide it, no matter how slim the pants are or what shirt or shoes you pair it with. Even the most well-hidden colors still look like sweats. You can't tuck your collared shirt into an elastic waistband, after all.
  • When they are able to tell, your coworkers will think you didn't even try to look presentable for work today because simply couldn't be bothered. Is that the message you want to send to your superiors and coworkers?
  •  Everyone will think you look like a slob. Do you really want your boss to think you slept in the pants you came to work in? No. Eliminate the suspicion.

Fa14_NSW_Tech_Pack_Mens_TechPants_01_detailSome may compare it to the eventual acceptance of denim in the workplace, but this is a flawed comparison. Denim didn't start out as athletic wear — it started out as blue collar work wear.

According to Complex, the only sweatpants you "should" wear to work are black and navy — basically, the sweats where it is hardest to tell what material you're wearing. But you still won't be fooling anyone and you shouldn't be buying specific colors of sweatpants just to wear to work.

Betabrand makes a "dress sweatpant" that they claim is work-appropriate. The colors it uses are purposely chosen to make the pants able to blend in with the slack-wearing crowd, but let's face it: your colleagues will still be able to tell that they're sweatpants.

Though sweatpants have migrated to street wear, you wouldn't wear them at a weddingApart from the flawed argument that you can wear them to work, no one is making the argument that sweats are acceptable to wear in any environment more formal than the streets or your own home. 

Why go through all this effort to try and fit a square peg into a round hole? As Esquire notes, there's a myriad of other pant styles and fabrics to choose from that fit right in at your workplace. So leave the sweatpant-wearing to those that work from home.

Betabrand dress sweatpants

SEE ALSO: The only 3 pieces of jewelry men should wear

DON'T FORGET: Follow Business Insider's The Life on Facebook!

Join the conversation about this story »

NOW WATCH: 10 fashion mistakes men make over and over at the office








The 18 richest people in private equity

0
0

Stephen Schwarzman (R) and his wife Christine

Forbes' magazine released its annual world's billionaires list on Monday, and 18 of those people made their money in private equity.

Last year was a good year for PE the strongest since the financial crisis, according to research firm Preqin. In June, PE and venture capital assets under management reached a new high of $3.8 trillion, Preqin found.

We've gone ahead and compiled a list of the biggest winners in the industry (classified by Forbes under "private equity" or, in Steve Schwarzman's case, "investments").

Respect.

Stephen Feinberg

Rank: 1415

Net-worth: $1.3 billion

Age: 54

Fund: Cerberus Capital Management

Source: Forbes



Jonathan Nelson

Rank: 894

Net-worth: $2.1 billion

Age: 58

Fund: Providence Equity Partners

Source: Forbes



Howard Marks

Rank: 894

Net-worth: $2.1 billion

Age: 68

Fund: Oaktree Capital Group LLC

Source: Forbes



See the rest of the story at Business Insider






Jon Stewart got physical with a WWE Superstar on 'Monday Night Raw'

0
0

WWE Jon Stewart 2


Outgoing "Daily Show" host Jon Stewart made a hilarious appearance on WWE's "Monday Night Raw" which aired live on the USA Network. For the last few weeks, Stewart has been embroiled in a "feud" with WWE Superstar Seth Rollins after the wrestler said that he could do a better job of hosting "The Daily Show" than Stewart.

Stewart, a New Jersey-native who has attended previous WWE events, confirmed he would be in the house for Monday's broadcast of "Raw" at the Prudential Center in Newark, NJ. The segment began with Rollins hosting a faux version of "The Daily Show" where he roasted Stewart with a series of insulting jokes; one of which referenced the underwhelming box office performance of Stewart's directorial debut "Rosewater." 

Stewart had apparently heard enough and made his entrance to the ring, where he delivered his own series of verbal jabs at Rollins. Then things got physical. 

Watch the whole segment here:

Join the conversation about this story »

NOW WATCH: 13 pro wrestling terms that will change the way you see the WWE








Browsing All 48857 Browse Latest View Live