March 5, 2016 |
Old money, smart money-management, success in the entertainment world, creative inventions or young hustlin'. That's what it takes to bank billions. Forbes magazine has released its 30th annual ranked list of the richest people on the planet, and counted 1,810 billionaires globally, down from last year's record of 1,826. Altogether, they have $6.48 trillion, down $570 billion from last year. Bill Gates remains the richest person in the world, with a net worth of $75 billion, Forbes found.
February 25, 2016 |
Will lightning strike again for Seth Berger and first for his young bud Joshua Harris with their newly launched Living Simple consumer tech accessories company? The venture kicked off with a clever, two-in-one iPhone case/wallet that they've dubbed the Bank. Clearly, Berger didn't need to dive again into the entrepreneurial trenches, to hire product designers and 3-D printed prototype builders (Machineart Industrial Design in Frenchtown, N.J), then to negotiate and tweak production, going through multiple iterations with a Far East factory.
August 28, 2015 |
Philadelphia 76ers owner Joshua Harris has pledged to donate $3.5 million to the Philadelphia Police Athletic League, the largest gift ever recorded by the nonprofit youth group, The Inquirer learned Wednesday. The New York-based investment tycoon planned to announce his philanthropy at an 11 a.m. news conference Thursday at a PAL center in the Harrowgate section. The donation is being made through a family foundation affiliated with Harris, a graduate of the University of Pennsylvania's Wharton School who cofounded Apollo Global Management L.L.C.
June 8, 2015 |
THE 76ERS' NEW practice facility on the Camden waterfront will be be "biggest, largest and best practice facility in the history of the NBA," Sixers CEO Scott O'Neil told a packed room at the Chamber of Commerce of Southern New Jersey in Voorhees, N.J., yesterday morning. O'Neil was there talking to business leaders to outline construction of the facility, which is due to be completed in August 2016. The project, announced last June, comes with $82 million in tax credits from the state and will allow the Sixers to move practice out of the Philadelphia College of Orthopedic of Medicine on City Avenue.
July 6, 2013 |
ORLANDO - Justin Holiday is a superb actor if he's disappointed with the 76ers for trading his brother, Jrue. The Sixers swingman was in a jovial mood after Thursday morning's practice at Central Florida for the Orlando Pro Summer League. He even joked that Thursday evening's practice would be canceled for the Fourth of July. (It wasn't.) The 6-foot-6, 185-pounder said Jrue, an NBA all-star point guard, is "doing well" after being traded to the New Orleans Pelicans on draft night.
May 23, 2013 |
NEW YORK - 76ers majority owner Joshua Harris, a guy well-acquainted with numbers and probability, knew the odds of moving up Tuesday night in the NBA draft lottery were long. He was right. The Sixers stayed put at No. 11 after the drawing. The Cleveland Cavaliers, who had the second-worst record in the league, beat the odds and will have the first selection in the June 27 draft. "I came here with a small probability of being super happy and a small probability of being super sad," said Harris, a hedge-fund billionaire.
May 16, 2013 |
Now that 76ers majority owner Joshua Harris has gotten his man, Sam Hinkie, the team's new general manager can begin a quest for his own: a new coach. Hinkie was introduced Tuesday as the team's new GM and president of basketball operations. Taking over for Tony DiLeo, who lasted as GM less than one year, Hinkie talked about the search for a coach to replace Doug Collins. He also talked about Andrew Bynum and about his philosophy for repairing the Sixers after their disastrous 34-48 season.
May 13, 2013 |
If we can be sure of one thing about Sam Hinkie, it's that we can't be sure about anything. The man who will run the Sixers is said to be as smart as a master of business administration degree from Stanford suggests. He is known to be in the vanguard of using advanced metrics to evaluate players and make decisions. It is tempting from that sketchy information to conclude that Hinkie's hiring should drive the final stake through the Andrew Bynum Error. No matter how Hinkie crunches the numbers on Bynum, the only one that really matters is zero.
May 13, 2013 |
The abrupt hiring of Houston Rockets assistant general manager Sam Hinkie as 76ers president of basketball operations and general manager, coupled with the swift kick the organization gave to Tony DiLeo on Friday, shows that owner Joshua Harris is going full-bore in doing away with one culture and giving birth to another. Harris has made his billions by propping up distressed companies, restoring them to value, and, in some cases, increasing their value. But in less than one year, the 76ers regressed badly after being one victory away from the Eastern Conference finals.
May 8, 2013 |
While he's most remembered in these parts for being part of the 76ers' worst trade of the 1990s, Utah Jazz assistant coach Jeff Hornacek has emerged as a potential coach after two years as an assistant, not just in Philadelphia but in other places as well. Traded from Phoenix to Philadelphia along with Andrew Lang and Tim Perry on June 17, 1992 in exchange for Hall-of-Famer Charles Barkley, Hornacek, the shooting coach in Utah for three seasons before being promoted to an assistant's role, is one of the possible replacements for departed coach Doug Collins.