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04.10.

One Year Ago Today: 27 Year Old CEO Kevin Systrom Sells Instagram For $1 Billion

 

 

 

 

 

 

 

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Exactly one year ago today, Kevin Systrom, the 27 year old Founder/CEO of photo APP company Instagram had a pretty good day. Why you ask? Did he get a better than expected tax refund? No. Did he find out that Demolition Man was finally streaming on Netflix? No. Did Facebook agree to buy his company for $1 billion? YES. Did he own 40% of the company and therefore make an insane $400 million off the purchase? YES YES and YES! How would you have spent the last year if you had a bank account worth hundreds of millions of dollars…

 

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04.04.

Alex Rodriguez Makes More Money Than The Entire Houston Astros

The 2013 baseball season is underway and once again Yankees third baseman Alex Rodriguez is the highest paid player in the league. That stat alone probably isn’t surprising even to a casual sports fan. A-Rod has been known for his enormous contracts for quite a while. On the other hand, you might be surprised to learn that this year Alex Rodriguez’s $29 million salary is more than the entire payroll of the Houston Astros. And we’re not talking just about Houston’s starting players, A-Rod will single handedly make more money in 2013 than Houston’s entire payroll. How is this possible?!

A-Rod is joined by New York Mets pitcher Johan Santana whose $25.2 million salary is $200,000 more than Houston’s $25 million payroll this season. Also, with a salary of $25 million, Phillies pitcher Cliff Lee will make exactly the same amount as Houston’s entire clubhouse.

Perhaps what makes this stat so astonishing, is the fact that Alex Rodriguez hasn’t exactly been lighting the ball on fire in recent seasons. A-Rod performed so poorly in the 2012 American League Division Series that he had to be benched by Yankees manager Joe Girardi. Furthermore, many critics were quick to point out that A-Rod’s replacement Eric Chavez earned a salary of just $900,000 for the entire 2012 season. By comparison, Rodriguez earned $128,000 PER DAY last year, making him the highest paid bench warmer in sports history. Before getting benched, A-Rod had just two hits, nine strikeouts and no RBIs in his 12 ALDS at bats. Historically, he has struck out 27% of the time during post season games.

Despite these abysmal numbers, the Yankees are stuck with A-Rod for at least five more seasons. Going into the 2013 season, The Yankees still owe Rodriguez a guaranteed $118 million out of his original $275 million contract. But on the other hand, at least he is actually playing. On April 2nd 2013, Mets pitcher Johan Santana (the second highest paid player in baseball) underwent a shoulder surgery that will keep him on the bench for the entire 2013 season! The Mets will shell out $25.2 million this year to Santana, and he will likely not even put on a uniform once. Johan is owed $31 million of a $137.5 million contract. Thank God for guaranteed contracts!

How badly does this make you want to root for the Astros?!?!

cash, celebrity, expensive, Monthly Silly Millionaire, wasted money

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04.03.

Luxurious Bradbury mansion is for sale at $78 million

With the global recession having been more or less, a thing of the past, the real estate market in America seems to creeping towards its glory days again. It’s a mansion in Bradbury, named the ‘Bradbury Estate’, which is on the market for a price tag of $78 million. However, for a mansion estate to be of this size and of such grandeur, the price tag seems just about right: not all properties make you feel like a member of the royalty, or a true business tycoon like this one does. Yester years’ matured aesthetics, with minimalistic yet state-of-the-art modernity blend together to create this mansion that also boasts of some of the best views of nature and the city skyline.

art, cash, expensive, Mansions, wasted money

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04.01.

Pre-Owned Ducati Supermono goes for sale at $150,000

For those who have a fetish for ultra-powerful 2 wheelers, Ducati needs no real introduction. Perhaps thats the reason, why even pre-owned older models from the bike maker, sends a frenzy among the collectors world wide. In other words, its like a ‘badge of honor’ to own a Ducati. No wonder there was considerable hype for models like the Ducati Diesel custom edition, the Diavel AMG special edition, and the Multistrada 1200 S Pikes which have all appeared on the horizon in the past few years. Now an 1990′s production of the Ducati Supermono for grabs via Car and Classic, UK where the asking price tag is $150,000. This bike holds a special meaning for the lovers of the bike brand, because it was a limited edition of just 67 units, and was largely taken to be one of the best during its era.

 

cash, expensive, motorcycle

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