This week Bloomberg reported that the 30-year-old granddaughter of In-N-Out Hamburger chain founders, Harry and Esther Snyder, is the youngest female billionaire in the United States. Lynsi Torres, the sole heir and president of the burger chain, is now said to be worth around $1 billion, according to the Bloomberg Billionaire Index.
If this In-N-Out news is making you crave a number two with grilled onions and a chocolate shake (or maybe that’s just me), let this list distract you. Here are five more awesome ladies under 50 who are racking up the billions: Keep reading »
Australian mining tycoon Gina Rinehart is really concerned about your welfare. That’s why Rinehart — who is considered the richest woman in the world, with an inherited fortune of $30.1 billion — helpfully offered her unsolicited advice on how to be stupid-rich, just like her. She says that the poors are just having too much fun and they need to buckle down and get serious if they want to stop being so disgustingly not rich.
“If you’re jealous of those with more money, don’t just sit there and complain,” she tsk-tsked. “Do something to make more money yourself — spend less time drinking or smoking and socializing, and more time working.” Ah! So that’s what I’ve been doing wrong — it’s my smoking and drinking problem that’s getting in the way of s-u-c-c-e-s-s. Keep reading »
riving in a Rolls Royce, getting a bodyguard, flying on a private plane: These aren’t normally things that New York Times financial reporter Kevin Roose gets to do. But as a guy who writes about billionaires, he wanted a chance to live like one for 24 hours, he explains in a first-person article. It’s a key “paradox” of our times: While many of us are furious at the rich, we’re still fascinated by them, he writes. Read more…
“I heard she put out a song that’s about me, or about some old habits or whatever. [And] I look at it like this: I’m just stoked that she finally has a song with some substance on her record. Good job.”
— Katy Perry’s ex, Travie McCoy, rips apart her new track, “Circle the Drain,” which is supposedly about his rampant drug use. McCoy, who used to be in Gym Class Heroes but is now rolling solo, supposedly also references Perry in his newest track, “Billionaire:” “You can call me Travie Claus minus the ‘Ho Ho’/Get it?” Oh Travie, we get it. [Buzznet] Keep reading »