Foreign Property News | Posted by Zarni Kyaw
In a recent development at Tesla Inc. TSLA, CEO Elon Musk is reported to have discussed purchasing a house from a Tesla director, raising concerns about the company’s governance. Joe Gebbia, the Tesla (TSLA.O), opens new tab director who exited a board committee that made key decisions about the car maker's future, told Reuters that CEO Elon Musk had discussed purchasing a house from his start-up and that he was concerned their friendship could be seized on to attack the committee's independence. Gebbia, whose start-up Samara makes tiny prefabricated houses, was one of two directors that Tesla's eight-member board deemed independent enough to serve on a "special committee"...
Foreign Property News | Posted by Aye Myat Thu
Decades ago, trishaws used to be one of the most popular modes of public transport in Singapore, but today, they no longer ply the streets. On Tuesday (Apr 9), the Singapore Tourism Board (STB) confirmed with CNA that no trishaw service is operating in the country after the contract of the last operator ended and was not renewed. From taking people through crowded inner-city streets in the 1940s to becoming a tourist attraction and their eventual demise, CNA journeys through the history of trishaws in Singapore.1914 – 1943: FROM RICKSHAWS TO TRISHAWS The trishaw evolved from the rickshaw – a small, two-wheeled cart pulled by a man. Originating from Japan, rickshaws were...
Foreign Property News | Posted by Hnin Ei Khin
Meet prospective Everton owner who is world’s 10th richest man, tech mastermind and owns 33,000 square foot mansion EVERTON'S takeover has taken a new twist. According to reports, Michael Dell, 59, has joined a consortium that includes Andy Bell and George Downing in trying to buy the club from majority shareholder Farhad Moshiri. (American billionaire Michael Dell is reportedly interested in buying a stake in Everton) The Mail claims Dell, who owns the computer brand of the same name, has strengthened the belief that business could be resolved before the start of the new season. Some have described talks as being at an "advanced" stage, while others remain more...
Foreign Property News | Posted by Shwe Zin Win
Dear Quentin, I have been married 14 years. My plan is to file for divorce from my husband and keep the home I purchased alone before our marriage, which we used as a marital home. It’s worth approximately $1 million. I was the only person working during our marriage. I made all the mortgage payments, in addition to paying for health coverage for both of us. He is taking his Social Security, and has Medicare and a small pension. He plans on leaving and taking half of the proceeds from the sale of the home — $500,000. although he never worked. Will the 50/50 rule apply to me? This is the only issue I have in dissolving our marriage. We have no dependents or...
Foreign Property News | Posted by Si Thu Aung
A mansion at one of Hong Kong’s most exclusive neighbourhoods found its buyer after a fire sale and 15 months on the auction block, offering a minor victory for China Evergrande Group’s liquidators as they grapple to sell the defunct developer’s assets. The 5,171-sq ft mansion at 10B Black’s Link, previously held by an Evergrande executive, sold last month for HK$448 million (US$57.35 million), according to the Land Registry. The price was 44 per cent less than the HK$800 million that valuers had estimated the property to be worth. The buyer of the two-storey mansion, located near the Hong Kong Cricket Club and one of the island’s favourite trekking trails,...
Foreign Property News | Posted by Aye Myat Thu
[Unicode] ၅၂၉ ခုနှစ်တွင် တည်ထောင်ခဲ့တဲ့ Takasumi ဘုရားကျောင်းရဲ့ နာမည်အရှည်မှာ Buzenbo Takasumi ဘုရားကျောင်းဖြစ်ပြီး Toyohiwake No Mikoto ဆိုသော နတ်ဘုရားကို ကိုးကွယ်တဲ့ ဘုရားကျောင်း ဖြစ်ပါတယ်။ Takasumi ဘုရားကျောင်းရဲ့ ပင်မကျောင်းဆောင်ကို ကျောက်တုံးဖြင့်တည်ဆောက်ထားပြီး...
Foreign Property News | Posted by Zarni Kyaw
At age 10, Diane Hendricks decided she wanted to work in the business world. It took years to achieve that goal, and decades for her career to build a fortune. This week, Hendricks topped Forbes’ recent American’s Richest Self-Made Women list for the seventh consecutive year. Her estimated $20.9 billion net worth comes largely from her roofing materials company ABC Supply, which she co-founded with her late husband Ken Hendricks in 1982. Hendricks, now 77, and Ken started the company after realizing there were precious few one-stop shops for roofing materials made by different manufacturers, she told Forbes in 2022. They took out a $900,000 loan from Beloit Savings Bank and...
Foreign Property News | Posted by Zarni Kyaw
Hollywood star Johnny Depp escaped a plight many Americans cannot avoid. Last year, the actor, known for his iconic role as Captain Jack Sparrow in Disney's "Pirates of the Caribbean" franchise, took out a $10 million loan to save his two West Hollywood, California, homes from foreclosure. However, most people don't have the financial means to save their homes if they get into trouble, and many abandon them if they can no longer afford their mortgage payments — a practice known as zombie foreclosure. According to ATTOM’s second-quarter 2024 Vacant Property and Zombie Foreclosure Report, about 1.3 million residential properties remained vacant in the United States during the...
Foreign Property News | Posted by Hnin Ei Khin
As Taylor Swift mania makes its way to the United Kingdom, we're taking a closer look at the luxurious £1,000-a-night hotel in Edinburgh, Scotland where the beloved popstar is residing. During Taylor's first-ever concert in the UK during The Eras Tour, the 34-year-old singer has been reported to be living in luxury as she stays in the famous Caledonian Edinburgh, Curio Collection by Hilton, formerly Waldorf Astoria. The grand celebrity hot spot has welcomed a number of famous faces in the past decade including Charlie Chaplin, Marlene Dietrich, Judy Garland, Gene Kelly, and many more. And as the pop superstar drops a small fortune to stay in the five-star hotel, we're taking a look...
Foreign Property News | Posted by Shwe Zin Win
Google, Amazon, Apple, Tesla, and other tech giants spend millions on private security for their chief executives. It’s no surprise some of the world’s top tech executives earn millions in compensation each year — but it’s not all cash and stock rewards. (Intel CEO Pat Gelsinger — $228,700) (Intel CEO Pat Gelsinger. Photo: Michael M. Santiago (Getty Images) Intel chief executive Pat Gelsinger is provided a car and security-trained driver, which cost $227,200 in 2023, according to a Securities and Exchange Commission filing. Gelsinger also receives $1,500 for residential security. ((Amazon CEO Andy Jassy —...