Billionaire Roundup: Is It Spring Yet?

How does it hang, party people? Have you encountered snow filled snow during America’s epic winter storm? Our favorite billionaires cannot be bothered with shovel snow. Instead, they are making waves by not playing the national anthem before sporting events, looking to make even more money by debating a red hot SPAC, defending themselves against charges they married for money Thi, and house hidden in the hotel due to death threats. In other words, it is another day in the lives of our favorite billionaires.

Mark Cube sets off a media firestorm by not playing the national anthem before the game

Billionaire Mark Cuban recently found himself in some hot water after he stopped playing the national anthem before the Dallas Mavericks game because he and the team believe that The Star-Spangled Banner does not represent all communities. Unfortunately for Cubans and Mavs, it is NBA league policy to play the song before all games. Cuba made it clear that it would comply with league policy. His talk, after all, had already been made. Cuba made it through 13 games before it was not playing the national anthem. He did not make his choice public, and of course, fans were not allowed to participate in the games due to the Kovid-19 restrictions. In addition, NBA Commissioner Adam Silver relaxed rules about the national anthem during the nationwide Black Lives Matter protests following the May 25 murder of George Floyd by Minneapolis Police.

Bernard Arnault looks to a SPAC IPO to build his net worth

Billionaire Bernard Arnault has joined a group of investors and celebrities launching SPACs, a special purpose acquisition company. SPACs are a type of blank check companies, which are publicly present with an IPO only to raise money. Also, SPACs aim to merge and merge with a company to make it public. Arnault is forming its SPAC with the former head of the Italian financial services company UniCredit. Arnault reportedly intends to focus on innovative European financial firms with its SPAC. Over 140 SPACs have gone public in the US in the past year. Collectively, the SPAC IPO has raised over $ 45 billion. Arnault’s SPAC will be called Pegasus Europe and will list on the stock market in Amsterdam.

Chris Delmas / AFP via Getty Image

Salma Hayek wants to make it clear that she did not marry François Henri Pinault for her money

Salma Hayek and her billionaire husband recently celebrated their 12Th Anniversary and she is still falling away from hate. Rumors persist that she married François Henri Pinault for her multi-billion dollar net worth. They married on February 14, 2009. They are the parents of a 13-year-old daughter named Valentina. On Dax Shepherd’s podcast, she admitted that before meeting Pinault, she also wondered if he married her for money. But then he met Pinault and saw an appeal in the billionaire Frenchman. Hayek agreed and also said that those who do not know her husband often believe that she is in it for the money. He said: “You know the thing is that in photos you can’t start guessing the magic on him. He has made me a much better person, and has developed in such a good, healthy way. And you know When I married her, everyone said, ‘Oh, this is an orange marriage, she married him for money. I’m like,’ Yes, whatever, bitch. ‘Think what you want: 15 years together, and we are strong in love. “

Robinhood CEO Vlad Tenev hides in hotel to avoid death threats

The trading app Robinhood was at the center of the GameStop Reddit brouhaha. Its CEO, Vlad Tenev, is currently staying at a hotel as he received death threats at his home since a restricted trade of Robinhood’s stock on January 28 following a 2000% rally run by members of the Wall Street Jets Forum of the Reddit are doing. Tenev was accused of manipulating free market trade. He receives death threats, so he is avoiding going home. Protesters allegedly threw dog feces into the building at Menlo Park in Robinhood, California headquarters. Tenev is set to testify before Congress about his firm’s decision to prohibit trade. Robinhood initially stated that it blocks purchases of trades and Gametop shares to help customers stay informed. Later, the company clarified that the business was restricted due to the deposit requirements set by the SEC. High-profile legalists and business people were critical of Robinhood’s decision. Representative Alexandria Ocasio-Cortez called the decision “unacceptable”. Mark Cuban wonders if the app has stopped trading “because they are making their loss [email protected]# On these trades. “

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