World News

For 2017, the world’s wealthiest families didn’t report any financial decline. On the contrary!

For 2017, the world’s wealthiest families didn’t report any financial decline. On the contrary!

For 2017, the world’s wealthiest families didn’t report any financial decline. On the contrary!

Only 4% of the world’s richest families have lost money last year after the stock markets and private equity businesses have expanded significantly, according to a report initiated by Campden Wealth and a group of financial analysts from the Swiss group of UBS writes The Guardian.

The financial analysts who contributed to the financial survey have discovered that in 2016 only 10 out of 262 super-rich families experienced a financial decline, while three-quarters of these dynasties have actually amassed their wealth.

Meanwhile, 22% of the families who contributed to this survey didn’t report any major damage or loss when it came to their companies.

“Regardless of any economic challenges, great fortunes continue to be generated all over the globe”, said Dominic Samuelson, chief executive of Financial Analysis Company Campden Wealth.

According to the expert, capital markets and private equity transactions are the ones that propelled the world’s most incredible fortunes last year.

News

How the biggest idols of our generation ended up becoming waiters or high school teachers

How the biggest idols of our generation ended up becoming waiters or high school teachers

They were once the idols of our generation and they were everywhere

Now, they have the most ordinary jobs or they ended up behind the bars because they lost touch with reality and the “celebrity status” transformed them into these selfish brats.

One of these celebrities who benefited from one of the rudest awakenings to reality is Amanda Bynes.

During her teenage years, Amanda was one of the most appreciated personalities in the world. Her positive attitude, beautiful smile and laid back style earned the admiration of millions.

However, a few months after she has reached the peak of her career, she turned into this completely different person. All of the sudden, the blonde struggled with substance abuse, problems with the law and now she, allegedly, works in the fashion industry but no one knows exactly what she does.

Tom Sellek

The former producer/actor retired to his 60-acre farm, where he wants to grow avocados.

Apparently, the farm life helped him to finally find a balance.

Liam Gallagher

After his brother, Noel, left Oasis for a solo career, Liam founded Beady Eye, which disappeared from the limelight after just two albums. Today, Liam runs a fairly profitable clothing brand in London called Pretty Green.

Tony Danza

The star from Taxi and Who’s the Boss is now an English teacher at the Philadelphia North-East High School.

Chris Owen

Despite the fact the American Pie series was a huge success, Chris is now working as a waiter in a sushi place and has 100 followers on Twitter.

Vanilla Ice

When he realized that his musical career is over, Vanilla Ice decided to create a real estate platform. Now he acts as a real estate investor and teaches others how to make profit.

 

 

News

The real story of the Wolf of Wall Street: how this kid who sold ice cream in his neighborhood became a mogul

Jordan Belfort

Jordan Belfort

Jordan Ross Belfort was born in Queens, New York, in a family of accountants in 1962

A few weeks after he graduated, he earned $20,000 by selling ice cream on the beach.

He wanted to become a dentist and he also wanted to pay his studies from his own money, but his plans changed when, on the first day of university, the dean told them that the golden era of the dentists is over.

So he dropped out, after several unsuccessful businesses (for example trying to sell meat and seafood), he started working in the L.F. Rothschild brokerage company.

After spending a few years there, he has improved his skills, earning enough money to start his own company, Stratton Oakmont, where he hired his childhood friends as managers.

For example, at the corporate finance division he hired Andrew and Kenny Greene, while Daniel Porush was named junior partner.

His father, Max Belfort, was appointed CFO

Belfort also created a cult in which company employees competed not only for how impressive sums, but also on how much they could spend. The fact that most were young also led to unbalanced behavior, such as drug use, gambling and prostitution, as Belfort’s influence grew, he funded other brokerage firms.

Over time, Belfort also invested in companies like the Dollar Time Group and Steve Madden Shoes.

His ability to manipulate stock prices has led him to huge profits, the most notable example being Steve Madden Shoes’s stock listing, from which Jordan earned $20 million in less than three minutes.

As Stratton Oakmont continued to expand, Belfort concealed his earnings in a bank in Switzerland. The wealth and influence of Stratton Oakmont increased in direct proportion to the authorities’ suspicions, and a lengthy investigation had brought charges against the firm and Belfort. There was an agreement in which he gave up the management of Stratton Oakmont, selling his part of the company to Daniel Porush.

Shortly after the transaction, Belfort went under the FBI’s investigation.

The FBI accused him of fraud and money laundering, for which he was sentenced to four years in prison and forced to pay up a fine of $110 million.

He was imprisoned for 22 months, and during this time it developed a passion for writing. Today, Belfort lives in Los Angeles, California with his wife and two children.

Technology

Nougat is the next version of Android

Android, this is the important thing in the Smartphones. It is nothing but the mobile operating system which is releasing its new versions from time to time. These Android versions are developed by Google from 2008. This android operating system is developed using the code C, C++, Java in User Interface mode. All the users are very much satisfied with the previous versions of android. As the operating system is very user-friendly and simple to use. Android Inc.

Nougat Google Android New Version

The company was founded in Palo Alto, California in 2003. This Android Company was acquired by Google in 2005. This move created history and the company became one of the most used mobile operating systems. The Android versions from first we have total 7 code names with 10 versions.

google-finalised-android-new-version-nougat

The latest and the 11th version of the Android version is nothing but Nougat which is going to release first in the high budget mobiles and firstly Nexus series recently launching the product. The first Android code name is Froyo which came with 2 versions 2.2 and 2.2.3, this is released in 2010.

The next one is Ginderbread with 2 versions 2.3 and 2.3.7, this is released in 2011. The next Android version Ice Cream Sandwich became popular with its release in 2011 December with 4.0 and 4.0.4 versions. The next version is 4.1 from Jelly Bean which was mostly used by the users.

In 2012 and 2013 Jelly Bean become popular because of its different versions and the huge amount of people using the Smartphones. Within one year span of time the other Android operating system version has come Lollipop 5.0, 5.0.2, 5.1, 5.1.1. The most used smart phones users nowadays are having either Kitkat or Lollipop. Kitkak came in 2013 October.

The latest Smartphone companies are offering their users to update the Android version up-to-date as per the latest version. But all companies are not providing this option, companies like Nexus, Motorola Moto series offers this update. So the upcoming Android version Nougat will be very in usage as because the present updated marshmallow is still giving the updates to some smartphones and still 10% of the Smartphone are only using this version.

Veterans Day World News

9/11 or the day that changed America for ever

9/11 or the day that changed America for ever

9/11 or the day that changed America for ever

16 years ago, a beautiful autumn day has turned into real hell

America was kneeled by the most devastating and traumatizing terrorist attack in history.

Along with the aircraft that destroyed the twin towers killing thousands of innocents, the world of terrorism has gained a new dimension.

New York, 08:46 local time: a commuter jet hits the north tower of the skyscraper.

For a few hours, the terrified world was 100% convinced that this is all an accident while hundreds of police officers, firefighters and rescuers rushed to stabilize the situation in Manhattan.

09:03 and a second plane breaks through the southern tower

From this moment on, it became clear that the entire thing was planned.

Two minutes later, President Bush, who was visiting a school in Sarasota, was put up to speed.

Washington 09:37 local time: the third plane hits the Pentagon building. A massive panic engulfs America and the entire world.

New York, 09:59 – the southern tower of the World Trade Center collapses and 11 minutes later, in Shanksville, Pennsylvania, the fourth plane, packed with passengers, makes an emergency landing in a field.

New York 10:28 local time: the second tower collapses.

The 9/11 attacks were claimed by the Al Qaeda organization, led at that time by Osama bin Laden.

10 years after he killed no less than 3.000, on 2 May 2011, Bin Laden is being put to rest in Abbottabad, Pakistan by an American commander who shot him and threw his body into the sea.