By Martha Ross | [email protected] | Bay Area News Group March 28, 2019 at 7:15 am For people struggling to afford rental housing in the Bay Area and other pricey U.S. markets, they may wish they had the no-pay legal loophole being used by model Emily Ratajkowski and her millionaire producer husband. Earlier this month, the New York Post reported that Ratajkowski and her husband, Sebastian Bear-McClard, were living rent free in a Manhattan loft thanks to a legal loophole meant to protect struggling artists. Bear-McClard, who is worth an estimated $12 million, stopped paying the $4,900 monthly rent for a unit he was subletting in the city’s gentrifying NoHo district, the Post reported. He claimed he was entitled to do so under New York state’s Loft Law. Since Bear-McClard stopped paying the rent in 2017, he and his wife, whose net worth is estimated at around $6 million, have saved around $120,000. “Here is a prime example, in prime NYC real estate, where … [Read more...] about Emily Ratajokowski wants renters to know she feels their pain
T pains net worth
Robert Snell The Detroit News Published 2:43 PM EST Feb 21, 2019 Warren — Pain pill scalpers roamed the parking lot at a Macomb County clinic embroiled in one of the nation's largest health care fraud cases, chugging booze, smoking weed and buying drugs hot off the prescription pad, according to the FBI. The FBI painted a deadly portrait of life inside Pain Center USA, which rose to prominence amid the nation's opioid epidemic, as part of its federal filing to convince a judge to approve the seizure of almost $26 million from the clinic's owner and medical team. Until federal agents shut down the clinic in December, Warren's Pain Center USA had an armed guard, a body count and standing orders for patients to undergo unnecessary back injections in exchange for pain pills, according to a briefly unsealed search warrant affidavit obtained by The News. The affidavit included allegations that, if proven, offer a glimpse … [Read more...] about Feds detail alleged ‘pill mill’ scheme at Warren pain center
There was an uproar last week on social media from people receiving early tax refunds. All over Twitter, folks were sharing how they made the exact same amount of money as previous years, yet were getting far less of a refund or actually owing money this time around. Many of those sharing said they had voted for Donald Trump and expressed how badly they now regretted it. It was absolutely glorious. These are people who didn’t care that Trump bragged about grabbing women, or that he’d been accused of sexual misconduct by 22 different women, or that he said terribly racist things about Latinos, Muslims and Black people, or that he was rolling back protections on LGBTQ people, or that he was constantly caught lying, or the many many many other reasons he’s a despicable disgrace of a human. No they didn’t care about any of that. It took not getting the tax refund they expected, for them to decide Trump was awful. Seeing them weeping and gnashing their teeth on the … [Read more...] about Maybe the tax pain felt by Trump supporters can turn into something good
Michael Jordan. LeBron James. Leonardo DiCaprio. What do these three have in common? Not much, except a love for basketball — oh, and they’re now all investors in shoes.Leonardo DiCaprio’s net worth is about to go up, thanks to his investment in the footwear company Allbirds. The actor has teamed up with the eco-conscious company to introduce a sustainable, eco-friendly sole on the company’s new flip-flop shoes."Creating sustainable consumer products requires a deep commitment from brands that understand the role they have in helping solve our environmental crisis," DiCaprio told People in a statement. "Allbirds is on the forefront of developing new materials that will serve as a model for the footwear industry. This kind of innovation is crucial for creating a more sustainable future. I am proud to join the company as an investor."The soles on the flip-flops, called SweetFoam, are made of renewable sugarcane — a first in the industry known for using … [Read more...] about Leonardo DiCaprio’s net worth set to rise with Allbird investment
NEW YORK (AP) -- Facebook faced a day of reckoning Thursday as its shares plunged in the biggest one-day drop in stock-market history. The 19 percent drop vaporized $119 billion of the company's stock-market value; CEO Mark Zuckerberg saw his net worth fall by roughly $16 billion as a result. It was Facebook's worst trading day since going public in 2012; the collapse eclipsed Intel's decline of $91 billion in September 2000, without adjusting for inflation. The plunge followed Facebook's warning late Wednesday that its revenue growth will slow down significantly for at least the remainder of the year and that expenses will continue to skyrocket. In a sign of just how bullish investor expectations were, though, the collapse merely returned Facebook shares to a level last seen in early May. At that point, the stock was still recovering from an earlier battering over its big privacy scandal, in which a political consulting firm with ties to President Donald Trump improperly accessed the … [Read more...] about After Facebook stock plunges by $119 billion, is this a blip or beginning of painful decline?