Joe Biden and Jill Biden have been using their Delaware homes like personal ATMs by taking out several mortgages and refinancing a staggering 35 times. Hail to the cha-ching. President Joe Biden and First Lady Jill Biden treated their various Delaware real estate holdings like a personal ATM for years, taking out several mortgages and […]
Tag: Raking
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Charlie Munger And A Friend Each Made $70,000 Per Year From A $1,000 Investment 60 Years Ago — Raking In Millions Together
At his final Berkshire Hathaway Inc. meeting in 2023, months before his 100th birthday, Charlie Munger surprised investors with a story about a brilliant investment he made over 60 years ago alongside a golfing buddy. The story traces back to 1962 when Munger, then a real estate lawyer, struck an unlikely partnership with Al Marshall, […]
Bill Gates Is Raking In Over $1.26 Million Per Day In Dividend Income. Here Are The 5 Stocks Paying Him The Most
Bill Gates Is Raking In Over $1.26 Million Per Day In Dividend Income. Here Are The 5 Stocks Paying Him The Most Bill Gates, the eighth richest person in the world, has a well-documented affinity for dividend income. This investment preference is clearly reflected in the staggering $463.2 million his portfolio is expected to pay […]
Palm Beach County’s public golf courses are raking in the the cash after Covid-19 boost
Welcome to The Dirt! I’m real estate reporter Kimberly Miller with the latest developments in the sizzling market. The Dirt has been saying for years that Covid-19 was the best thing that ever happened to golf, well since “Caddyshack”, of course, but now there is undeniable proof and Palm Beach Post county reporter Mike Diamond crunched all the numbers so […]
TikTok’s owner is raking in cash
TikTok’s parent company, ByteDance, saw a 60% revenue increase in 2023, Bloomberg reported. TikTok has driven ByteDance’s recent success, allowing it to break into global e-commerce markets. This growth came as Congress debated, and then passed, a bill that could ban TikTok in the US. Revenue to ByteDance, TikTok’s parent company, grew by about 60% […]
Executives are raking in company stock awards despite missing out on their bonuses for 2023
Only Nvidia, the suddenly indispensable $2 trillion AI giant, could turn a missing C-suite bonus into a total nonissue. The dominant maker of semiconductor chips missed hitting financial goals in fiscal 2023 related to revenue and non-GAAP operating income, and executives didn’t make two key payout thresholds as a result, as corporate disclosures show the […]
Warren Buffett Is Raking In $4.36 Billion in Annual Dividend Income From These 5 Stocks
For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been dazzling professional and everyday investors with outsize investment returns. Whereas the benchmark S&P 500 has gained more than 34,000%, including dividends paid, since the Oracle of Omaha became CEO, Berkshire Hathaway’s Class A shares have appreciated by more than 5,000,000%. Buffett […]
Warren Buffett Is Raking in $4.65 Billion in Annual Dividend Income From These 6 Stocks
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has a way of captivating the attention of Wall Street and investors, and you don’t have to look any further than his investment track record to figure out why. Since taking over as CEO in the mid-1960s, the Oracle of Omaha, as he’s come to be known, […]