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These A-list kids are leaving the nest! High school graduation has come and gone, and parents are feeling a range of emotions as they look forward to their children leaving home to attend college. Star players like Alex Rodriguez, Laura Dern, and Michael Strahan are both proud of their accomplishments and sad to see them go, as the not-so-little guys get used to being freshmen. I'll have to keep an eye on it. Check out the celebrity kids taking their first steps to campus and adulthood this fall. Jaya Harper Instagram/Laura Dern Laura Dern's daughter Jaya Harper will be moving…
This comes as ETZ Ltd's billionaire chairman Ian Wood welcomed the Prime Minister's announcement about funding for the carbon capture and storage (CCS) Acorn project at St Fergus, near Peterhead. Mr Wood pointed out that the Conservative Party's decision was first taken after an “extensive effort” to persuade them to invest in the Scottish site, which was rejected in the first round of funding in 2021. Read more: Humza Yousaf reacts to announcement of new North Sea oil and gas licenses At the time, Mr Wood joined voices across the energy industry in calling the UK Government's decision “a blow…
Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.Billionaire Republican donor Harold Hamm says the party needs a candidate who is free from the “chaos” that has dogged the former president, who is facing multiple criminal investigations, calling Donald Trump a white man. I told him to withdraw his candidacy for the House.The Oklahoma oil tycoon, who President Trump was considering to become energy secretary in 2016, spoke by phone with the former president in May, calling him the party's “kingmaker,” a very influential role for him. ” and urged them to…
A few years ago, you might have shown your friends and neighbors that you were rich by wearing a Rolex Submariner or going for a drive in your Lamborghini Aventador. Well, it's exactly 2022. Don't miss: Former Home Depot CEO explains why this was one of the most difficult times to invest in 50 yearsIn fact, the richest people in the United States are so wealthy that about 30% of the nation's wealth now belongs to just 1% of the population. In some ways, the pandemic has been a boon for the wealthy. A new millionaire was born every 30…
Vibe: Picture a cozy, family-run Italian restaurant with a rustic yet elegant European feel. An oversized carved hedge outside the entrance provides privacy as celebrities dine shoulder-to-shoulder with locals. A '60s folk and rock soundtrack playing in the background exudes a Southern California beach vibe, and the soft lighting makes it a popular spot for date nights. crowd: Giorgio Baldi was a go-to spot for Rihanna even before she satisfied her pasta cravings at her local Italian favorite during her second pregnancy. Celebrities who've been photographed leaving the (mostly) beachside hotspot include Beyoncé and Jay-Z, billionaire Jeff Bezos and fiancé…
downward angle icon An icon in the shape of a downward facing corner. Scott Barber/Getty Images A “wealthy recession'' (a recession that disproportionately affects the wealthy) is not anticipated. Experts say the richest people are actually even wealthier and spending more than they were before the pandemic. The boom in the luxury goods market can be attributed to rising stock prices and YOLO consumer culture. The so-called “rich session” — the idea that the super-rich are currently feeling more financial pain than other groups — isn't working in reality. In fact, the wealthy have never been richer and are spending…
Clifton, an ultra-wealthy residential area in the South African port city of Cape Town, is home to some of the most exclusive and expensive real estate in the country. Overlooking Clifton Bay and the Atlantic Coast, this small community offers privacy and access to upscale amenities. “A playground for the rich and famous, Clifton has a relaxed, holiday atmosphere,” said Annette Hepburn, area specialist and full-status real estate practice with Pam Golding Properties. Maxine Schofield, a real estate expert at Lou Geffen Sotheby's International Realty, said the seaside suburb is “renowned for its stunning beauty, with its pristine white sand…
Unlock Editor's Digest for freeFT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter.I was never particularly good at sports. As someone with a movement disorder, my hand-eye-ball coordination is terrible. At school, I ate so many potato chips that they gave me presents on cross-country runs, and when I took off my glasses I became blind and couldn't even tell where my rugby ball was. His only interest was in getting me hurt. I’m a bit older now, is it worth spending money on coaching or kit to catch up?I have even dabbled in sports activities.…
RIYADH: Moody's Investors Service maintains a positive outlook for Saudi Arabia's banking sector, thanks to the country's economic diversification program. The US-based credit rating agency said in its latest report that demand for credit for government-backed projects will improve lending performance and bring significant benefits to Saudi banks. “The operating environment for banks will continue to be supported by strong momentum in the non-oil sector and benefit from the accelerated implementation of economic diversification policies,” Moody's said. The report added that although the expected reversal of the interest rate cycle could put pressure on margins, loan growth and lower funding…
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Once a week, a little past noon on Wednesdays, a line of cars forms outside the wrought-iron gates of the Carolands mansion, 20 miles south of downtown San Francisco. From the entrance, you can see the southeast facade of the 98-room Beaux Arts chateau, which was built a century ago by an heiress to the Pullman railroad-car fortune. Not visible from that vantage point is the stately reflecting pool, or the gardens, whose original designer took inspiration from…