Barack & Michelle Obama’s Forthcoming Memoirs land Record-Breaking $65m Publishing Deal

Penguin Random House has landed a deal to publish two forthcoming memoirs by former U.S. President Barack Obama and his wife, Michelle, with one volume to be written by each, the publishing company said on Tuesday.

Terms of the agreement, in which Penguin Random House acquired worldwide publication rights for the two books, were not disclosed, but Financial Times said the Obamas may have set a record deal in excess of $65million.

But in keeping with their past practice, the Obamas plan to donate a “significant portion of their author proceeds to charity,” including the Obama Foundation, the publisher said in a statement.

The deal followed a heated auction for global rights to the two books with bidding that reached more than $60 million, a record sum for U.S. presidential memoirs, the Financial Times reported, citing people with knowledge of the sales process.

UFC Sold $4billion, Becomes Largest Franchise Sale In World Sport History

UFC (Ultimate Fighting Championship) President Dana White on Monday morning, said that the mixed martial arts promotional company (UFC) has been sold for approximately $4 billion to a group of investors led by Hollywood talent agency WME-IMG. The sale will make it the largest in Sporting history for any Sports Franchise. White confirmed the sale in text messages to The Associated Press on Sunday night.

The Fertitta brothers and White purchased the promotion for $2 million in 2000, and the brothers’ casino fortune kept it afloat while MMA gained widespread acceptance and increasing popularity.

UFC CEO Lorenzo Fertitta is reportedly expected to step down as chairman following a transitional period, after which he and his brother, Frank Fertitta, will remain on as minority owners. Dana White is expected stay on as president and will also hold a minority stake, according to the report.

Beijing Is Now The Billionaire Capital Of The World

Beijing is the new "Billionaire Capital of the World.'' The Chinese capital has overtaken the New York as home to the most billionaires -- 100 to 95 -- according to Hurun, a Shanghai firm that publishes a monthly magazine and releases yearly rankings and research about the world's richest people and their spending habits.

The study, which comes months after reports suggested China now has more billionaires than the United States, highlights how China's elite are continuing to accrue vast wealth despite a wobbling stock market and cooling economy.

Different tabulations of wealth, such as the Hurun Report and the Forbes list, have historically produced somewhat different results depending on their methodology.

Rupert Hoogewerf, the founder of Hurun, attributed China's explosive wealth creation to Chinese market regulators allowing a flood of new initial public offerings after holding back new IPOs for several years.

Hoogewerf said his wealth calculations were made using stock prices as of Jan. 15, which means they took into account the Chinese market's 40 per cent tumble over the past half year.

See full list after cut.....

Photos: Former Canadian PM Brian Mulroney’s $5.8m Montreal mansion

Former Canadian Prime Minister Brian Mulroney and his wife, Mila Mulroney, have listed their Montreal mansion for $5.8 million, saving prospective buyers $2 million on the original asking price.

Located in the city’s swanky Westmount neighbourhood, the seven-bedroom, seven-bathroom home has been on the market since September 2013 when it was initially listed at $7.95 million. See more 
pics after cut

$50m Lotto Max ticket sold somewhere in Alberta

CP There is one winning ticket for the $50-million jackpot in Friday night’s Lotto Max draw, and it was purchased somewhere in Alberta.

Two of the 13 MaxMillions prizes of $1-million each were also won.

One of those winning tickets was sold in Newfoundland and Labrador, and the other $1-million prize will be shared by one ticketholder in Ontario and another in British Columbia.

The jackpot for next Friday’s Lotto Max draw will be approximately $21-million.

Boxer Floyd Mayweather shows off his expensive 'toys'...

You've got to be mega rich to have a Bugatti Veyron, Bugatti Gran Sport, Ferrari 458 Spider, Lamborghini Aventador  Porsche 911, Turbo S Ferrari 599, GTB Fiorano and a Private Jet as toy

Justin Bieber Acquires A Private Jet

20 year old pop star Justin Bieber has acquired his very own private jet. He always flies in private jet but they were always on hire but he took to instagram yesterday to celebrate buying his own. He shared photos from the interior of the jet and wrote "'New jet for Christmas, and she's beautiful'. 

China Mobile Phone Maker Xiaomi is Now Worth More Than Uber

Laura Lorenzetti / Fortune
Xiaomi, the Chinese maker of affordable smartphones, is now worth more than $45 billion after raising over $1 billion in its latest round of funding. That makes it one of the most valuable tech startups in the world, surpassing Uber’s $41 billion valuation.

The investment round is expected to close as early as Monday and is led by All-Stars Investment, a fund run by former Morgan Stanley analyst Richard Ji, Thee Wall Street Journal reported. Other big name investors are also getting in on the deal, including Alibaba Group Executive Chairman Jack Ma and Singapore sovereign-wealth fund GIC.

Following Xiaomi’s most recent funding round in August 2013, the smartphone maker was valued at $10 billion.

Moneybag Rapper Wiz Khalifa buys himself a $2.5million Bugatti car

Top 20 World's Highest-Paid Musicians of 2014

Rapper, music producer and entrepreneur, Dr. Dre made a whooping $620 million this year, thanks largely to his Beat by Dre deal with Apple, making him the world’s top-earning musician of 2014. Queen Bey comes second. See full list below as released by Forbes

1. Dr. Dre: $620 million
2. Beyoncé: $115 million
3. The Eagles: $100 million
4. Bon Jovi: $82 million
5. Bruce Springsteen: $81 million
6. Justin Bieber: $80 million
7. One Direction: $75 million
8. Paul McCartney: $71 million
9. Calvin Harris: $66 million
10. Toby Keith: $65 million

World Top 10 Richest Musicians

Celine Dion's net worth is $640 million, making her the world's fifth-richest musician. She is the only non-American or non-British person on Wealth-X's rankings. | AP

Daniel Tencer | HP
Sorry, Dr. Dre, you’re not a billionaire.

In fact, no recording artists are billionaires, according to research firm Wealth-X’s list of the world’s richest musicians.

The iconic rapper and entrepreneur sold his headphone business, Beats Electronics, to Apple earlier this and declared himself hip-hop’s first billionaire.

But Wealth-X estimates Dre’s net worth at $650 million U.S., good enough to make him the world’s third-richest recording artist.

The top spot belongs to Madonna, with a net worth of $800 million.

And one Canadian made it onto the list: Celine Dion, whose $630-million fortune was good enough to rank her the fifth richest musician in the world. She's the only non-American or non-British person on the list.

Burger King employee finds $100,000 In California

A sign stands outside a Burger King restaurant November 1, 2006 in San Francisco, Califorina. Getty Images 

The Associated Press
An assistant manager at a Northern California Burger King found a backpack loaded with about $100,000 in a booth, but so far no one has come forward to claim it.

Assistant manager Sahista Bakawla told KGO (http://abc7ne.ws/1ClMpbO ) he spotted the blue backpack left in his San Jose eatery early Wednesday.

He said when it was still there by that afternoon he called the owner who opened it, hoping to find identification or a phone number.

Instead, he found a whopping amount of $100 bills.

Officers came to the restaurant and opened the bag, which also contained some candy, a small amount of marijuana and a bank deposit slip.

Police are now working with the bank to find the bag’s owner.

$50m Lotto Max jackpot split between Fredericton and Quebec

LottoMax logo. The Canadian Press 

There are two winning tickets for the $50-million jackpot in Friday night’s Lotto Max draw.

One ticket was purchased somewhere in Quebec, and the other was sold in Fredericton, New Brunswick.

Each is worth $25-million.

American wife to get $530million in UK biggest divorce payout

A judge in a London High Court ruled that the American wife of a British Tycoon be given $530m in a divorce payout. This is considered to be the biggest divorce settlement so far in British history.

The judge awarded Jamie Cooper-Hohn $493 million in cash and the rest in the form of a property in Connecticut and adjustments to her share of a pension.

A full judgment will be published in December, but the figures were cited during a court hearing yesterday November 27. 

Canadian Justin Bieber Tops Forbes Richest Celebs Under 30

Justin Bieber, One Direction named Forbes richest celebs under 30. Justin Bieber earned a whooping $80million between June 2013 and June 2014, making him the highest earning celeb under 30, according to a new list released by Forbes. See the top 10 below...

1. Justin Bieber, 20, $80 million
2. One Direction, 21 (average age), $75 million
3. Taylor Swift, 24, $64 million 
4. Bruno Mars, 29, $60 million
5. Rihanna, 26, $48 million
6. Miley Cyrus, 22, $36 million
7. Jennifer Lawrence, 24, $34 million
 8. Lady Gaga, 28, $33 million
9. Avicii, 25, $28 million
10. Skrillex, 26, $18 million

British Columbia | Slot Machine Malfunctions And Paid Woman 100 Times Max

B.C. Lottery Corp. quietly repaired dozens of slot machines around the province earlier this year after a malfunctioning machine in Penticton resulted in a $100,000 jackpot, 100 times the maximum allowed on that particular machine.

A woman hit the jackpot on a "Dragon Fever" slot machine in Penticton's Lake City Casino on Jan. 20, said BCLC spokesperson Laura Piva-Babcock.

The progressive slot machine was supposed to max out at $1,000 jackpots, but lottery officials were concerned when the machine displayed a $99,999.97 prize.

"As per standard procedure, the machine was immediately placed out of service while the matter was investigated and we notified our regulator as well as the manufacturer of the machine," she said.

The lottery corporation chose to pay the woman her displayed winnings and recover the money from Konami, the gambling company that built the slot machine.

Machines repaired

Piva-Babcock said three days after the incident, BCLC also pulled 189 similar government slot machines out of service at B.C. casinos until they could be examined.

Duchess of Alba Spain richest duchess & world's most titled person dies aged 88.

The duchess of Alba, Spain's most titled aristocrat who is a descendant of Churchill and King James II, & the world's most titled person according to Guinness Book of Records (she had more titles recognized by an existing government than any other noble in the world), has died at the age of 88. Cayetana Fitz-James Stuart, who is worth about $2billion, died today November 20th at her Duenas Palace residence in Seville from pneumonia. The three-times married mother of 6 became popular worldwide after plastic surgery dramatically changed her look. She was survived by her last husband, her six children, nine grandchildren and three great-grandchildren..

Kim Kardashian’s Paper Magazine Risque Photoshoot Spiked the Demand on Her Sex Tape

According to her ex, American singer and actor Ray J, Kim’s cover for Paper Magazine caused a spike in the sales of the sex tape that they made together and he got a cheque of $50,000.

Since the release leak of the sex tape, Ray J has been making an average of $90,000 every three months – but now he has made $50,000 in a matter of days, that’s quite an increase in demand.

TMZ reports that “The photos triggered renewed interest in “Kim K Superstar,” and our sources at Vivid Entertainment say sales of the video have dramatically spiked … so much so, Ray J will pocket $50K from the last week alone … way up from what’s he’s been getting.”

According to Vivid Entertainment, the site where Kim’s sex tape is hosted, Kim Kardashian’s sex tape is now the best-selling of all time.

US | Washington’s first pot auction brings in $600,000

Leo Gontmakher, a marijuana processor with Northwest Cannabis Solutions in Sultan, Wash., smells a bag of marijuana Saturday, Nov. 17, 2014, during the auction at Fireweed Farms in Prosser, Wash. Fireweed Farms auctioned off 300 pounds of marijuana in the first auction of its kind in the state. AP

The Associated Press
Washington state’s first marijuana auction brought in about $600,000.

Fireweed Farms of Prosser sold about 300 pounds of pot to state-licensed processors and retailers Saturday, the Tri-City Herald reported (http://is.gd/JsJp6T ). Bidding took place under a black tent fronted by tall heaters, and the event was monitored by at least two representatives of the Washington Liquor Control Board. Bidders could smell plastic bags of buds before offering a bid.

The marijuana was planted in May and harvested between late September and mid-October. Fireweed Farms owner Randy Williams had sold some of his marijuana to recreational processors earlier this year, but the auction represented the bulk of his harvest.

He said he held the auction to “get rid of it all quick” so he could spend time with his grandson instead of packaging marijuana. The harvested and dried marijuana was priced by the gram and auctioned by the strain in lots ranging from about half a pound to five pounds.

Estée Lauder Unveils Kendall Jenner as its New Face!

Fashionista/Estée Lauder

19-year-old Kendall Jenner is following her sister – Kim’s footsteps well all the way to the bank.

Beauty brand Estée Lauder have announced the young model as their new face. Kendall joins the likes of Joan Smalls, Liu Wen, Constance Jablonski and Stephanie Seymour on the brand’s list of spokespersons. According tot he brand, Kendall will appear in print, TV & digital advertising platforms for the brand as well as have a key role in the brand’s social media campaigns via Instagram and more.

Kendall currently has her own landing page on the Estée Lauder site with vintage photos of her trying on her mom, Kris Jenner‘s makeup. How cute!

Kendall seems to be rising quickly with more brands picking her up for campaigns and endorsements.