Tag: forbes

Bio of Christy Walton
casino blog
13 January 2011

Christy Walton is the widow of John Walton the Wal-Mart billionaire, When John died on the 27th June 2005 Christy inherited $15.7 billion.  In March of 2009 she was proclaimed the 12th richest person in the Forbes World’s Billionaires with a net worth of 17.6 billion.  Christy and her son, Lukas, currently live in Jackson, Wyoming.

The death of John Walton was unexpected as he flew and experimental ultra light aircraft from Jackson Hole Airport in Grand Teton National Park.  The aircraft experienced complications soon after takeoff and John crashed to his death at the age of 58 years.  Flying was a huge passion of Johns’ and he spent many hours in the air trying out different aircraft designs.

John also inherited the business of Wal-Mart from his father Sam Walton who opened his first variety store at the age of 26 after leaving the armed forces.  The first store was a franchise of the Butler Brother Chain for which he loaned $20,000 from his father-in-law to buy.  Sam’s store soon became the leader in the franchise because of the methods he used to secure saving for the customers.  It only took 4 years for Sam to quadruple the turnover of this small store with a net of $250,000 a year in 1950; this was the beginning of his legacy and the Wal-Mart Supermarket chain.

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A Short Biography of Robert Kuok
casino blog
10 December 2010

This short biography of Robert Kuok follows his life story and describes how he rose from rags to riches.

Deep in the heart of Johor Bahru, Malaysia's capital city, on 6th December 1923 a woman gave birth to her third son. Little did she and her husband know at this time that their youngest son was to become the richest man in their part of the world.

The family, originally from Fujian in China, journeyed across Asia at the beginning of the 20th century and settled in Malaya.

Robert Kuok began his working life as an office junior, and after he graduated he worked at Mitsubishi for three years in their rice trading division. After his father died in 1948, the three siblings founded their first company, Kuok Bros Sdn Bhd.

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World’s Most Expensive Properties - Aaron Spelling's Mansion
casino blog
09 July 2009

World’s Most Expensive Properties - Aaron Spelling's MansionThe late Aaron Spelling is known for introducing a generation of teens to such primetime classics as Beverly Hills, 90210, and Melrose Place, as well as a long list of other hit shows and high-grossing movies over the years. His home just outside of Los Angeles, California, “The Manor,” is considered one of the world’s 10 most expensive properties.

The legendary producer had the home built in 1991 and made sure to include all the luxuries that any self-respecting entertainment mogul could ever want. The Manor was built atop the lot where Bing Crosby’s former home stood. Spelling spent an estimated $47-million on the mansion.

The Manor contains over 56,000 square-feet of floor space, making it the largest single-family (residence) home in all of Hollywood. Although it rests only on a six-acre lot, the home easily stands out amongst all other of Hollywood’s large and robust dwellings.

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