From ridiculous cat-themed websites to one of the most admired magazines in the U.S., these beloved but financially dubious purchases only emphasize how much money a mogul can waste.
For most entrepreneurs, starting a business is a gut-wrenching, blood, sweat, and tears-draining, 24/7 undertaking. But for those already sporting nine zeroes in their bank accounts, it's an afterthought, a pet project, a status accessory that serves to confirm the success and fortune they've previously amassed. These 10 trophy investments have become the beloved possessions of their billionaire mogul owners.
* All funds in USD.
* Bing: Richest people in the world
Eric Lascelles, Chief Economist, RBC Global Asset Management joins Saijal Patel and Andrew Bell to share his thoughts on the live speech of the Bank of... More Eric Lascelles, Chief Economist, RBC Global Asset Management joins Saijal Patel and Andrew Bell to share his thoughts on the live speech of the Bank of Canada Governor Stephen Poloz, and the live speech of Chairman of the Federal Reserve Ben Bernanke.
Date 25 mins ago, Duration 2:26, Views 0
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Should new wireless companies Mobilicity, Wind Mobile and Public Mobile be allowed to fail?
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- Yes, the market will decide if they are competitive enough to survive.
- No, the playing field in the wireless market is not level. The government should help these companies.
- I don't know.