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Oil Tycoon And GOP Megadonor Bill Koch Selling His 52-acre Aspen, Colorado Compound For $125 Million
Wednesday, February 12, 2025 - 12:45pm | 1071Billionaire oil baron Bill Koch is selling his 52-acre luxury compound in the world-renowned skier's paradise of Aspen, Colorado for $125 million. Although Koch's name might not be as well-known as that of the superstar jet set that has turned Aspen into one of the world's wealthiest enclaves, his...
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Billionaire Estée Lauder Heir Strikes Palm Beach Land Deal For $200 Million, Cashing In On The Sizzling Real Estate Market
Wednesday, February 12, 2025 - 9:30am | 1007Everybody has their price, and William Lauder, scion of the cosmetics giant Estée Lauder's founders, has his — $200 million. That’s the number the billionaire former executive chairman of the beauty brand has sold two oceanfront lots in Palm Beach, Florida for, according to the Wall Street...
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BookTok Has Saved Barnes & Noble. Here's How The Once Threatened Retail Chain Is Triumphing Amid Viral Blockbusters
Tuesday, February 11, 2025 - 12:15pm | 1479In a plot twist to rival any bestseller, Barnes & Noble has pulled off the comeback of the ages. A few years ago, it appeared the beloved bookstore chain was on its deathbed. It was hemorrhaging cash and closed 150 stores. It seemed destined to go the way of its former rival, Borders....
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Will DeepSeek Create Deep Cuts In Mortgage Rates? Has Chinese AI Innovator Disrupted Silicon Valley's Tech Titans, Or Is It Just A Temporary Blip?
Tuesday, February 11, 2025 - 9:00am | 1087Americans have been praying for lower mortgage rates. They had no idea that a Chinese AI app could help them obtain them. A knee-jerk selloff in tech stocks on Jan. 27 prompted by a new Chinese AI tool by startup DeepSeek that rivals Chat GPT caused some of Silicon Valley’s most prominent...
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Warren Buffett Has Lived In His $31,500 Home For 67 Years And Calls It One of His Best Investments But Warned: 'A House Can Be A Nightmare'
Monday, February 10, 2025 - 8:00pm | 995Warren Buffett, one of the greatest investors of all time, has lived in the same Omaha, Nebraska, home since 1958. That's 67 years in one house. Purchased for just $31,500, the property has appreciated to an estimated $1.4 million, an impressive return of about 4,300%. But despite this, Buffett...
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Gloria Morgan Vanderbilt's Former Beverly Hills Home Just Hit The Market For $16.5 Million. Here's How Her Daughter Made Her $200 Million Fortune
Monday, February 10, 2025 - 11:45am | 1124CNN journalist Anderson Cooper‘s grandmother’s former Beverly Hills home has just gone on the market for $16.5 Million, realtor.com reports. It's first time in 70 years that the property has been on the market. Cooper’s grandmother, Gloria Morgan Vanderbilt—who passed away in 1965...
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'He's a Coward Investor' — Grant Cardone Said Warren Buffett Plays It Safe And Wants A Check Every Month
Sunday, February 9, 2025 - 8:30pm | 868Grant Cardone has never been known for subtlety, and in January 2023, he stirred up conversation yet again by calling Warren Buffett a "coward investor" in a YouTube short. While that might sound like a diss, Cardone wasn't taking a cheap shot—he was making a point. The real estate mogul was...
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Charlie Munger Said Cycles Of 'Agony' Are Normal In Real Estate But They Don't Last Forever — 'Sometimes It's A Boom, Sometimes It's A Bust'
Sunday, February 9, 2025 - 11:30am | 799As we navigate the twists and turns of the 2025 housing market—soaring interest rates, stubbornly high home prices, and an economy that feels like it's caught between gears—it's hard not to think of the late Charlie Munger. The legendary investor, who passed away at 99 in November 2023, had a...
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Why Billionaires Are Buying Up Washington: The 'Trump Bump' In Luxury Real Estate
Saturday, February 8, 2025 - 10:00am | 1060A surge of billionaires joining the Trump administration has triggered a boom in Washington’s luxury real estate market, as tech titans and business leaders rush to establish footholds in the capital. According to the Financial Times, Meta (NASDAQ:META) CEO Mark Zuckerberg is exploring...
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Jackie Collins' Former LA Home Lists For $66M. Here's How The Late Novelist Made Her $180M Fortune
Friday, February 7, 2025 - 12:15pm | 821The late British novelist Jackie Collins‘ former Los Angeles home is on the market for $66 million. The “Hollywood Wives” author and younger sister of actress Joan got pulses racing with her steamy novels about rich people misbehaving. She knew her subject matter. In the early 90s...
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Former Veep Al Gore Is Renting Out His Suburban DC Home for $9,000/month. Not That He Needs the Money. He's Worth $300M
Friday, February 7, 2025 - 9:30am | 1144Former vice-president-turned-climate-change activist Al Gore has put his Arlington, Virginia, home up for rent. The asking price is $9,000 per month. Though that number would be considered high anywhere else, it’s hardly out of the ordinary in the sought-after D.C. suburb filled with wealthy...
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NBA Legend Kevin Garnett Literally Hid His Money Under His Mattress Before Learning How To Invest
Thursday, February 6, 2025 - 1:00pm | 1080Everyone who reaches a certain age looks back and cringes at some of the money management decisions they made as a younger person. NBA Legend Kevin Garnett is no exception. During a recent appearance on Jimmy Kimmel Live, the former Boston Celtic admitted to hiding his money under his mattress as a...
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Gwyneth Paltrow Sells LA Home For $22M. Here's A Look At Actor-Turned-Business-Mogul's Pricy Property Portfolio
Thursday, February 6, 2025 - 12:16pm | 1069Although her luxurious Brentwood home narrowly escaped the LA wildfires, Gwyneth Paltrow—who just sold the residence for $22 million—had been toying with offloading it for over six months. According to The Wall Street Journal, the actor-turned-business mogul first listed the home in May for $29.99...
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California Files Price Gouging Charges Against LA Realtor For Allegedly Hiking Price By 38% When Renting To A Family Displaced By Fires
Thursday, February 6, 2025 - 9:30am | 792The recent fires in Pacific Palisades and Altadena, California forced thousands of people into an already unforgiving LA real estate market and sparked fears of price gouging. Gov. Gavin Newsome responded by declaring a state of emergency order and promising legal action against would-be price...
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What President Trump's Expected Privatization Of Fannie Mae and Freddie Mac Means For The Real Estate Industry
Wednesday, February 5, 2025 - 2:30pm | 1236Fannie Mae and Freddie Mac have long been the government’s safety net for loans, but for the last 17 years, they have required a safety net of their own. That could change, signaling a seismic change for the real estate industry. The two institutions are government-sponsored enterprises that...