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From a 58-bedroom estate to a helicopter fleet, here’s how the Trump family spends their billions

trump familyBrendan McDermid/Reuters

President Donald Trump‘s net worth is currently estimated to be $3.1 billion, according to Forbes.
Combine that with the individual net worths of the Trump children, and the entire Trump family is worth more than $4 billion.
They spend their money lavishly, from a hefty real estate portfolio and an aviation fleet to designer clothes.

Donald Trump‘s net worth is currently estimated to be $3.1 billion — down an estimated $400 million since he took office in January 2017, reports Forbes.

And that’s not to mention the individual net worths of his adult children — a reported $150 to $300 million for Eric Trump, reported $200 million for Donald Trump Jr., and reported $600,000 for Tiffany Trump, according to Cheat Sheet. Ivanka Trump, who runs her own business, has the largest net worth of all the children, estimated to be up to $762 million with husband Jared Kushner, reports CNN, citing financial documents released by the White House.

Combined, that makes the entire Trump family‘s fortune worth over an estimated $4 billion.

From pricey penthouses and expensive schooling to high-end shopping and a full-on aviation fleet, here’s how they drop their millions and billions.

Donald Trump’s net worth is currently estimated to be $3.1 billion — down an estimated $400 million since he took office in January 2017.
Pool/Getty Images

Source: Forbes

According to his executive branch personnel public financial disclosure report, he earns anywhere from $597,396,914 to $667,811,903 between January 2016 and spring 2017.
Ian MacNicol/Getty Images

His wealth comes from multiple sources, from golf-related and hotel-related revenue (nearly $340,000,000 combined) to Central Park Carousel admissions and ice skating rink revenue (more than $13,000,000 combined).

Source:  Business Insider, Center for Responsible Politics

Before he was elected, Trump spent $66 million of his own money on his presidential campaign, according to campaign finance disclosures examined by Reuters.
Associated Press/Evan Vucci

Source: Fortune

See the rest of the story at Business Insider

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SEE ALSO: Trump says tax reform will hurt him — here’s how much money he makes and where it comes from

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Meet the entrepreneur who has made $1 million by selling clothes with a popular app

Suzanne CanonPoshmark

Poshmark is an online marketplace where people can buy and sell clothing from boutiques or their own closets. 
Suzanne Canon is the first seller on Poshmark to pull in $1 million in sales.
In May, the company announced that it had paid out $1 billion to its sellers so far.

In 2012, Suzanne Canon decided she wanted to make a quick buck on the side while doing the books for her husband’s business. So, she started selling clothes from her closet using an app called Poshmark. 

Within five years, 39-year-old Canon has grown from selling on the side to setting up her own wholesale clothing business and being the first Poshmark user to make $1 million in sales on the app.See the rest of the story at Business Insider

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See inside the 15 most expensive penthouses for sale in America

sunny isles penthouse floridaListing from Trulia

Penthouses evoke luxury, particularly thanks to the stunning panoramic views their high-in-the-sky location affords.
With the help of Trulia, we compiled the 15 most expensive penthouses for sale in the US with amazing views.
Most of the penthouses overlook the beach or a city, with New York City penthouses being among the most expensive.

What more fitting place for the top 1% to live than, quite literally, at the top?

Perched in the sky, penthouses offer everything from exclusive amenities and lavish architecture to rooftop gardens and pools, with views as stunning as their interiors.

We teamed up with Trulia to compile a list of the top 15 most expensive penthouses with the most amazing views for sale in the US as of May 23.

It may come as no surprise that these palaces in the sky boast either beach or city views. Even less surprising, still, is the fact that New York City dominated this list — there must be something about panoramic views of the concrete jungle that rich people can’t get enough of.

From a $35 million coastal pad in Honolulu, Hawaii, to an $82 million contemporary penthouse overlooking New York’s Central Park, here are the priciest penthouses in the country, ranked from least to most expensive.

15. $35 million
From listing on Trulia

Location: Honolulu, Hawaii

Size: 10,515 sq. ft.

Cost per square foot: $3,329

Bedrooms/Bathrooms: 6 beds/7 baths

14. $35 million
From listing on Trulia

Location: Sunny Isles, Florida

Size: 10,750 sq. ft.

Cost per square foot: $3,256

Bedrooms/Bathrooms: 6 beds/baths

13. $36 million
From listing on Trulia

Location: Sunny Isles Beach, Florida

Size: 10,755 sq. ft.

Cost per square foot: $3,347

Bedrooms/Bathrooms: 6 beds/8 baths

See the rest of the story at Business Insider

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SEE ALSO: Stunning photos show what it’s like to live at the top of New York City

DON’T MISS: Nobody wants to buy ‘Versailles in Manhattan,’ a $19.75 million Upper East Side townhouse that has been on and off the market for 15 years


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A look at the life and fortune of John McCain, who has a sprawling real estate portfolio and donated $1.7 million in book sales to charity

Cindy McCain johnRoss D. Franklin/AP

Senator John McCain has reportedly been spending time at his ranch home in Arizona while battling brain cancer.
McCain’s new memoir, “The Restless Wave,” was released on Tuesday.
He and wife Cindy McCain quietly sit on a fortune of more than $200 million, largely due to Cindy’s stake in one of the largest Anheuser-Busch distributors.

Senator John McCain has reportedly been spending a lot of time at his ranch home in Sedona, Arizona, where he’s been receiving a flood of visitors as he battles brain cancer, reports Town & Country.

The 81-year-old’s new memoir, “The Restless Wave,” was released on Tuesday. You may know McCain as the 2008 Republican presidential nominee, a Vietnam war vet, or an advocate for more civil politics.

What you may not know is that McCain and his wife Cindy sit on a private, but hefty fortune.

He’s reportedly worth $16 million, according to Celebritynetworth.com. But that’s only a fraction of his wealth — the rest comes from his wife, who is an heiress to Hensley & Co., one of the largest Anheuser-Busch distributors.

She reportedly inherited a major stake in the company and became its chairman when her father, the company’s founder, passed away. She currently has a net worth around $200 million.

A prenuptial agreement dictates that the McCains’ money is in Cindy McCains’ name, reports the New York Times.

Take a look inside their fortune.

John McCain’s money comes from multiple sources: his government salary and pension, a sprawling real estate portfolio, and private wealth largely held by his wife.
Jonathan Ernst/Reuters

Sources: GOBankingRates, US Senate Financial Disclosures

The standard US Senator’s salary is $174,000, and McCain received more than $73,000 from his Navy pension in 2015.
Patrick Semansky/AP Photos

Sources: GOBankingRates, US Senate Financial Disclosures

 

McCain also earned $1.7 million related to sales of his 2007 book “Hard Call: The Art of Great Decisions,” which he donated to charity.
John Miller/Getty Images

Source: GOBankingRates

See the rest of the story at Business Insider

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See inside the 15 most expensive penthouses for sale in AmericaNobody wants to buy ‘Versailles in Manhattan,’ a $19.75 million Upper East Side townhouse that has been on and off the market for 15 yearsThe ‘lost generation’ of millennials born in the 1980s may never be as rich as their parents

SEE ALSO: Mark Zuckerberg and his college-sweetheart wife Priscilla Chan are worth billions — see their houses, cars, and travels

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Dorothy’s $6 million ruby slippers from ‘The Wizard of Oz’ are the most expensive piece of pop culture ever — but 12 more collectibles came close

Dorothy Ruby slippersIMDb/Warner Home Video

Dorothy’s ruby slippers from “The Wizard of Oz” are on sale for $6 million — the highest-ever price for pop culture memorabilia.
The Cowardly Lion’s costume from “The Wizard of Oz” is already one of the most expensive film costumes ever sold.
Two Marilyn Monroe dresses are among the most expensive pieces of memorabilia ever sold.

Dorothy’s ruby slippers from”The Wizard of Oz” are looking for a new home.

Actress Judy Garland wore the shoes in the 1939 film and they’re now on sale by Moments In Time for $6 million. The slippers had previously been on exhibit at Disney World for over a decade. Several other pairs of the slippers exist, including a pair that was stolen in 2005 and never found. 

The authentication document for the $6 million pair says the shoes are “rimmed in 46 rhinestones, surrounding 42 bugle beads and the three larger (rectangular) jewels centered in a line.”

While no movie prop or costume has ever sold publicly for more than $6 million, there have been several pieces of memorabilia that were auctioned off for seven figures. 

Take a look at these 12 pieces of memorabilia from movies, TV, and sports which each sold for at least $3 million.

Mark McGwire’s 70th home run ball: $3 million
Amy Sancetta/AP

In the summer of 1998, baseball fans across the country watched Sammy Sosa and Mark McGwire try to break Roger Maris’ single-season home-run record. Eventually, both players broke Maris’ record of 61 home runs, which had stood since 1961.

Sosa ended the year with 66 home runs and McGwire hit an even 70. Even though it wasn’t the home run that broke the record, comic book millionaire Todd McFarlane purchased McGwire’s 70th home run ball for $3 million. He also owns McGwire’s 67th, 68th, and 69th, and Sosa’s 66th home run balls.

The Cowardly Lion’s costume: $3.1 million
Bonhams

The ruby slippers are not the only sought-after costume from “The Wizard of Oz.” Dorothy’s dress from the movie sold for over $1.5 million, but another character’s wear has sold for more.

Actor Bert Lahr donned this costume made of actual lion skin and fur for the 1939 film. He sung “If I Were King of the Forrest” and found his courage in this costume.

Bonhams auctioned off this piece of movie history in 2014 for $3 million.

Honus Wagner T206: $3.1 million
Jeff Roberson/AP

The most famous baseball card of all time is also the most expensive. There is an entire book dedicated to the card and it has arguably overshadowed Wagner’s Hall of Fame playing career. 

Only 57 of the cards are known to exist and few are in good condition considering they were printed between 1909 and 1911. At one time, hockey legend Wayne Gretzky owned one of the mint condition copies.

The record price for a trading card was by one of these T206 in 2016 for $3.12 million.

See the rest of the story at Business Insider

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SEE ALSO: 13 outrageous items sold by auction houses Christie’s and Sotheby’s

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Chipotle is being forced to pay $8 million to an ex-manager who was fired after being accused of stealing $626 (CMG)

Chipotle BurritoHollis Johnson

Chipotle is being forced to pay a former manager nearly $8 million after she was accused of stealing $626 and fired. 
The ex-manager’s lawyers argued she was unfairly fired and accused of theft after taking medical leave due to a work-related injury. 
The manager had been making $70,000 a year at the burrito chain prior to her termination. 

Chipotle is being forced to pay a former manager $8 million after she was fired from the chain following accusations of theft. 

In 2015, Jeanette Ortiz was fired as a general manager at a Fresno, California Chipotle after working for the chain for 14 years, The Fresno Bee reports. Ortiz was accused of stealing $626 in cash from the restaurant’s safe, with Chipotle superiors claiming to have viewed video footage that implicated her. See the rest of the story at Business Insider

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