Ross Perot Has Died; His Net Worth And What He Leaves Behind

Ross Perot Net Worth: Ross Perot was an American businessman who had a net worth of $4 billion at the time of his death in 2019. He was born Henry Ross Perot on June 27, 1930, in Texarkana, Texas. Perot was perhaps best known for being an Independent Party Presidential Candidate in 1992 and 1996. Getting some of his charm and business acumen of his father (who ran a cotton wholesaling company and had other ventures), Perot started his career at IBM in 1957. He put his strong sales skills to work for IBM until 1962, when he decided to branch out on his own forming Electronic Read More

How Quincy, Florida Became a Town of Secret Coca-Cola Millionaires

In the 1920s and 1930s, a banker named Pat Munroe in the small town of Quincy, Florida noticed that even during the depths of the Great Depression, otherwise impoverished people would spend their last nickel to buy a glass of Coca-Cola.  With good returns on capital, and a once-in-a-century valuation so low that the business was trading for less than the cash in the bank, “Mr. Pat”, as he was called, encouraged everyone he knew to buy an ownership stake in the firm.  He would even underwrite bank loans, backed by Coca-Cola stock, for his responsible depositors to encourage people to acquire equity. Coca-Cola had gone public at $40 per Read More

If You Think Restaurants Are Too Loud, This Is Your New App To Fight Back

So many urban spaces, from the gym to the subway system, have become unbearably loud. And this din is slowly degrading our hearing in subtle, irreparable ways. One space where it can be especially frustrating to be forced to shout is a restaurant. Both Zagat and Consumer Reports surveys have found that excessive noise is the chief complaint diners have — ahead of service, crowds, or even food issues. Not being able to hear the people we’re dining with can make connecting painfully difficult. Now there’s an app to help people who are struggling to find a quiet place to eat or drink. It’s called SoundPrint, and Read More

Computer Danger Was Predicted in 1966: Bleak Future of Bank Crimes and Info Leaks

When it comes to high-tech surveillance, identity theft, and financial crimes, humanity lives in a hell of its own making. Technology here in the second decade of the 21st century has created a world where our personal information is constantly getting exposed. And for what benefit? The “convenience” of being able to pay our bills online. But we can’t say we weren’t warned. People in 1966 saw where all of this automation was heading. A short editorial in the September 19, 1966 issue of the Sandusky Registernewspaper in Sandusky, Ohio predicted that life was about to get worse as information, especially financial information, became more centralized. The Read More

How the Million Dollar Homepage kid became the $250m app man

On a cold afternoon in January 2006, 21-year-old Alex Tew sat in his childhood bedroom in Wilshire, England, watching the final pixels fill up on a computer screen. He was about to become a millionaire. In 4 months, Tew went from broke and aimless to the toast of the internet. All it took was $50, 2 days of his time, and an idea so simple that anyone could’ve cooked it up. In his words, “it was the get-rich-quick scheme that actually worked.” But striking gold on the first try came with an unexpected downside — and it led Tew on an introspective journey that eventually netted him Read More

A Senator’s Campaign Paid His Social Media Influencer Son More Than $50,000

Nevada GOP Sen. Dean Heller’s campaign has paid his son, a social media influencer, more than $50,000 since July 2016, according to Federal Election Commission records. The payments to Harris Heller and his company, Heller Enterprises, were mostly for social media consulting, but they also include small reimbursements for travel and lodging. The Heller campaign said Harris Heller’s work for the campaign includes running their Instagram page – which has 1,337 followers – and making videos for Twitter, Facebook and YouTube. The Nevada senator is considered the most vulnerable Republican running for re-election in 2018. A first-term Republican running in a state narrowly won by Democratic presidential Read More

San José, Costa Rica, Opens First Convention Center

The US$35 million Costa Rica Convention Center has opened in the country’s capital of San José, fulfilling the most significant goal in the Costa Rica Tourism Board’s strategy to more aggressively compete in the meetings sector. The long-awaited facility covers nearly 168,000 square feet, with the capacity to host as many as 4,600 attendees in one session. It is located approximately midway between Juan Santamaría International Airport and downtown San José. “The opening of the Costa Rica Convention Center is the realization of a dream held by the tourism sector for a long time,” said Alvaro Arguedas, president of the Costa Rica Convention Bureau. “It is a great Read More

Waverly Diner in West Village Files for Bankruptcy Protection

The company behind Waverly Restaurant, a legendary diner in New York City’s West Village that serves classic American-style comfort food, has filed for bankruptcy protection. Village Red Restaurant Corp., the diner’s corporate name, filed for chapter 11 protection on Friday in the U.S. Bankruptcy Court in New York. The restaurant is facing potential liability in two lawsuits alleging management didn’t pay overtime to a group of former waiters, dishwashers, busboys and delivery men. Filing chapter 11 bankruptcy halts the litigation and allows Waverly Restaurant to keep its doors open as it attempts to address its liabilities. The restaurant’s bankruptcy petition estimates it has up to $50,000 in Read More

Mark Zuckerberg’s Worth Drops $6 Billion In Response To Facebook Data Scandal

Facebook shares are taking a massive hit today in reaction to a data mining scandal that came to light over the weekend. The negative press and an increase in calls for government regulation over the social media giant is causing FB to have it’s worst trading day in years. With the stock’s drop, Mark Zukerberg’s net worth was cut down by as much as $6 billion. At one point, the stock was down nearly 8% as the world learned that data firm Cambridge Analytica allegedly accessed information on 50 million Facebook accounts. As of this very moment, Facebook’s stock is down around 6% making Mark’s net worth Read More

Why You Should Choose New York City For Your Next Corporate Meeting

With all the arrangements you have to make when it comes to meeting and planning your meetings, details can make up the majority of your worries. However, at AMA Executive Conference Centers you’ll find that having a meeting, seminar, or conference can be functional, catered to, and productive. In a word, exceptional (without all the worry). With the largest conference center in New York City’s Times Square, clients receive the best value and unparalleled service. Our staff is trained and prepared to accommodate the needs of meeting planners and visiting attendees. In addition to offering exceptional meeting space, our team offers light administrative including copying, email and Read More