Shaquille O'Neal's maintenance bill on $ 27,000,000 'Dunkman' private jet is leaving people stunned
The former basketball player clocked up an enormous bill to keep his $ 27 million private jet flying Kit Roberts Fans of Shaquille O'Neal were left stunned when they saw how much he paid to maintain his private jet.When it comes to having a private jet, buying the thing is just the tip of the rapidly melting iceberg.If you've ever owned a car you'll be all too familiar with the raft of expenses - fuel, road tax, insurance, and of course, mechanics' bills.Given that you can easily find yourself compelled to spend eye-watering sums just on a car, keeping a plane airborne so it won't catch fire and crash is a level of personal expense beyond the realm of us regular plebs.In Shaq's case, buying the jet to begin with - despite his saying he wouldn't do it for years - cost a whopping $ 27 million.This is the equivalent of the median lifetime earnings of just under 15.9 US citizens, with the median being around $ 1.7 million over someone's whole life .
The former basketball player clocked up an enormous bill to keep his $ 27 million private jet flying Kit Roberts Fans of Shaquille O'Neal were left stunned when they saw how much he paid to maintain his private jet.When it comes to having a private jet, buying the thing is just the tip of the rapidly melting iceberg.If you've ever owned a car you'll be all too familiar with the raft of expenses - fuel, road tax, insurance, and of course, mechanics' bills.Given that you can easily find yourself compelled to spend eye-watering sums just on a car, keeping a plane airborne so it won't catch fire and crash is a level of personal expense beyond the realm of us regular plebs.In Shaq's case, buying the jet to begin with - despite his saying he wouldn't do it for years - cost a whopping $ 27 million.This is the equivalent of the median lifetime earnings of just under 15.9 US citizens, with the median being around $ 1.7 million over someone's whole life .
And that's not including running the Bombardier Challenger 650 jet, which comes with a lot of costs.
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Barry has now reached out to the Department of Revenue in Pennsylvania, who told him they would get back to him in a few weeks.Featured Image Credit: WJAC
Topics: News , US News , Money
Earthquake has just hit New York leaving people stunned
New York Metro Weather confirmed the earthquake after locals felt the ground shake Emily Brown Residents in New York have reported feeling a large earthquake shake the ground of the Big Apple. The United States Geological Survey has confirmed that an earthquake with a magnitude of 4.7 struck approximately five kilometers North East of Lebanon in New Jersey.
The earthquake struck at approximately 10:20 am ET today (5 April), causing the ground to shake both in New Jersey and in New York State.
Shaquille O'Neal paid $ 27 million for his jet (Marcin Golba / NurPhoto via Getty Images)
The largest expense is, predictably, fuel to keep the plane going. And you can not just nip down to the garage for $ 40 worth of diesel to top it up, this has to be jet fuel.
For 200 hours of flight, this reportedly set the basketball star back some $ 517,668 according to Liberty Jet.
Next is staffing the jet, as unless you're Iron Maiden frontman and trained airline pilot Bruce Dickinson, you'll have to pay someone to fly it and act as cabin crew.
So crew costs for the plane came to $ 307,542 for those 200 hours.
Then you have the engine maintenance, which seems pretty important, and that comes in at $ 93,174.
The largest expense is, predictably, fuel to keep the plane going. And you can not just nip down to the garage for $ 40 worth of diesel to top it up, this has to be jet fuel.
For 200 hours of flight, this reportedly set the basketball star back some $ 517,668 according to Liberty Jet.
Next is staffing the jet, as unless you're Iron Maiden frontman and trained airline pilot Bruce Dickinson, you'll have to pay someone to fly it and act as cabin crew.
So crew costs for the plane came to $ 307,542 for those 200 hours.
Then you have the engine maintenance, which seems pretty important, and that comes in at $ 93,174.
A Bombardier Challenger 650 jet, the same model owned by Shaquille O'Neal (JOHANNES EISELE / AFP via Getty Images)
Adding in other expenses involved in running a private jet such as insurance and hangar space and the total came to a whopping $ 1,351,204 for 200 hours, and $ 2,144,112 for 400 hours.
Shaq had previously said that he would not want to own a private jet, previously Jetset magazine: “No, I do not think so. There's too much maintenance. "
He added:" If I own something, I like to know what is going on. I do not want to get screwed in a bad deal. I've seen it happen to other guys. But
in 2023, Shaq clearly changed his mind and bought the jet after previously renting out other private jets.
Adding in other expenses involved in running a private jet such as insurance and hangar space and the total came to a whopping $ 1,351,204 for 200 hours, and $ 2,144,112 for 400 hours.
Shaq had previously said that he would not want to own a private jet, previously Jetset magazine: “No, I do not think so. There's too much maintenance. "
He added:" If I own something, I like to know what is going on. I do not want to get screwed in a bad deal. I've seen it happen to other guys. But
in 2023, Shaq clearly changed his mind and bought the jet after previously renting out other private jets.
Inside Kim Kardashian's private jet
Shaq is not the only basketball player to own a private jet, with Michael Jordan owning one which set him back an eye-watering $ 61.5 million.Featured Image Credit: Dimitrios Kambouris / Getty Images for Warner Bros. / Instagram / @masonwrightblvckbox
Topics: News , US News , Celebrity , Money
stunned after learning Bill Gates' daughter is dating Paul McCartney's grandson
Microsoft heiress Phoebe Gates and Arthur Donald, grandson of the Beatles star, are the new power couple Katherine Sidnell that Bill Gates' daughter and Sir Paul McCartney's grandson are dating. Given that their families made millions in the tech and music industry respectively, it is hardly surprising that the two heirs have found each other. It seems that all you need is love and perhaps a not-so-small fortune! Instagram / Phoebe Gate Rumor about the power couple first began after a photo of them circulated on social media , which showed Phoebe Gates and Arthur Donald with Paris in the background - let's hope they didn't get bed bugs. The romantic image was taken on a balcony with the Eiffel Tower visible, as the 21 and 24-year-olds posed together. According to the Daily Mail, the families have been close for some time as Donald's aunt, Stella McCartney , is friends with Gates' mom, Melissa. Getty / Sue McKay / Contributor Speaking about the famous fashion
designer, Gates' daughter said: "Even when I was little, she would send me stuff and little notes and I'd be so excited… we are really deeply connected."
It seems Gates and Donald are a serious power couple though, with the wealth of a nation between their two families.
Having founded Microsoft in 1975, the Gates have amassed a staggering fortune of $ 106 billion from the tech firm and all its various products.
Meanwhile, Sir Paul McCartney grossed over $ 1.1 billion from his solo career and his time in the biggest band ever, aka The Beatles.
Shaq is not the only basketball player to own a private jet, with Michael Jordan owning one which set him back an eye-watering $ 61.5 million.Featured Image Credit: Dimitrios Kambouris / Getty Images for Warner Bros. / Instagram / @masonwrightblvckbox
Topics: News , US News , Celebrity , Money
stunned after learning Bill Gates' daughter is dating Paul McCartney's grandson
Microsoft heiress Phoebe Gates and Arthur Donald, grandson of the Beatles star, are the new power couple Katherine Sidnell that Bill Gates' daughter and Sir Paul McCartney's grandson are dating. Given that their families made millions in the tech and music industry respectively, it is hardly surprising that the two heirs have found each other. It seems that all you need is love and perhaps a not-so-small fortune! Instagram / Phoebe Gate Rumor about the power couple first began after a photo of them circulated on social media , which showed Phoebe Gates and Arthur Donald with Paris in the background - let's hope they didn't get bed bugs. The romantic image was taken on a balcony with the Eiffel Tower visible, as the 21 and 24-year-olds posed together. According to the Daily Mail, the families have been close for some time as Donald's aunt, Stella McCartney , is friends with Gates' mom, Melissa. Getty / Sue McKay / Contributor Speaking about the famous fashion
designer, Gates' daughter said: "Even when I was little, she would send me stuff and little notes and I'd be so excited… we are really deeply connected."
It seems Gates and Donald are a serious power couple though, with the wealth of a nation between their two families.
Having founded Microsoft in 1975, the Gates have amassed a staggering fortune of $ 106 billion from the tech firm and all its various products.
Meanwhile, Sir Paul McCartney grossed over $ 1.1 billion from his solo career and his time in the biggest band ever, aka The Beatles.
Getty / ANGELA WEISS / Contributor
As the news broke on social media, people were shocked by the sheer amount of money between the two lovebirds.
One Redditor even joked: “I mean who else are you going to date once you’re up in that stratosphere? I do not think you can ever just date regular people at that point.
To which, another responded: "That's why for me Notting Hill will always be sci-fi. "
A third added: “Where the hell is Bill Gates's daughter going to meet a regular person? Her social life is entirely upper-crust scenarios. However
, the user did go on to add that the couple's difference in finances may have caused issues if it was scaled down.
They wrote: “… relationships have enough trouble when there’s an income disparity. Things like that tear up relationships. I imagine for people like them that that kind of disparity is a non-starter.
It seems like the power couple will be more than make up for any short fallings with Gates, an aspiring designer, having already landed an internship at British Vogue .
Meanwhile, Donald is a climate investor in New York .
Maybe, money can buy you love? Featured Image Credit: Nina Westervelt / Variety / Penske Media via Getty Images / Instagram / @phoebegates
Topics: Celebrity , Money , Reddit , US News , Sex and Relationships
New Starbucks CEO will commute over 1,000 miles to work in corporate jet instead of relocating
Brian Niccol's Starbucks offer letter also outlined his base salary for the role Kit Roberts Starbucks' new CEO will not be required to relocate across the country to commence his new job, his offer letter revealed. The offer letter, which was made public in a filing with the SEC, reveals that Brian Niccol will be able to work from his home in California , as well as commuting in to the business. 'headquarters in Seattle. His commute of roughly 1,000 miles would be done on the company's aircraft, which he is also permitted to use for other business-related travel . The offer even says he can use the jet for personal travel 'in accordance with the Company's policies', up to a maximum cost of $ 250,000 a year. This means that Niccol can still live at Newport Beach in California without having to relocate across the US .
As the news broke on social media, people were shocked by the sheer amount of money between the two lovebirds.
One Redditor even joked: “I mean who else are you going to date once you’re up in that stratosphere? I do not think you can ever just date regular people at that point.
To which, another responded: "That's why for me Notting Hill will always be sci-fi. "
A third added: “Where the hell is Bill Gates's daughter going to meet a regular person? Her social life is entirely upper-crust scenarios. However
, the user did go on to add that the couple's difference in finances may have caused issues if it was scaled down.
They wrote: “… relationships have enough trouble when there’s an income disparity. Things like that tear up relationships. I imagine for people like them that that kind of disparity is a non-starter.
It seems like the power couple will be more than make up for any short fallings with Gates, an aspiring designer, having already landed an internship at British Vogue .
Meanwhile, Donald is a climate investor in New York .
Maybe, money can buy you love? Featured Image Credit: Nina Westervelt / Variety / Penske Media via Getty Images / Instagram / @phoebegates
Topics: Celebrity , Money , Reddit , US News , Sex and Relationships
New Starbucks CEO will commute over 1,000 miles to work in corporate jet instead of relocating
Brian Niccol's Starbucks offer letter also outlined his base salary for the role Kit Roberts Starbucks' new CEO will not be required to relocate across the country to commence his new job, his offer letter revealed. The offer letter, which was made public in a filing with the SEC, reveals that Brian Niccol will be able to work from his home in California , as well as commuting in to the business. 'headquarters in Seattle. His commute of roughly 1,000 miles would be done on the company's aircraft, which he is also permitted to use for other business-related travel . The offer even says he can use the jet for personal travel 'in accordance with the Company's policies', up to a maximum cost of $ 250,000 a year. This means that Niccol can still live at Newport Beach in California without having to relocate across the US .
Niccol has been appointed the CEO of Starbucks. (Robin Marchant / Getty Images)
According to the offer, Niccol will receive a base salary of $ 1.6 million per year.
He also has the opportunity to earn extra money in the form of an annual cash bonus which could be between $ 3.6 million and $ 7.2 million, depending on his performance, and annual equity awards worth up to $ 23 million.
But that's still not it either, as the company will provide even further support for Niccol, who was previously the CEO of Taco Bell Corp.
This includes establishing with his assistance a 'small remote office' in Newport Beach, which will be maintained at the company's expense.
It also details how Niccol will be able to appoint an assistant of his choosing to help run things from the remote location.
When not traveling for work Niccol will also be expected to work from Starbucks' office in Seattle at least three days a week, which is in alignment with the company's hybrid working policy.
This requires office-based employees to work from the office at least three days a week.
A spokesperson for Starbucks said: “Brian's primary office and a majority of his time will be spent in our Seattle Support Center or out visiting partners and customers in our stores, roasteries, roasting facilities and offices around the world.
According to the offer, Niccol will receive a base salary of $ 1.6 million per year.
He also has the opportunity to earn extra money in the form of an annual cash bonus which could be between $ 3.6 million and $ 7.2 million, depending on his performance, and annual equity awards worth up to $ 23 million.
But that's still not it either, as the company will provide even further support for Niccol, who was previously the CEO of Taco Bell Corp.
This includes establishing with his assistance a 'small remote office' in Newport Beach, which will be maintained at the company's expense.
It also details how Niccol will be able to appoint an assistant of his choosing to help run things from the remote location.
When not traveling for work Niccol will also be expected to work from Starbucks' office in Seattle at least three days a week, which is in alignment with the company's hybrid working policy.
This requires office-based employees to work from the office at least three days a week.
A spokesperson for Starbucks said: “Brian's primary office and a majority of his time will be spent in our Seattle Support Center or out visiting partners and customers in our stores, roasteries, roasting facilities and offices around the world.
Niccol will have use of a private jet operated by Starbucks. (Jennifer Lourie / FilmMagic)
"His schedule will exceed the hybrid work guidelines and workplace expectations we have for all partners."
Raj Choudhury is a professor at Harvard Business School and studies remote working.
He told CNBC: "Starbucks based its selection process on this person's prior record of boosting restaurant-based companies, not their location.
" I expect more companies will take notice and follow suit: If you want to attract and retain the best talent, you have to be open to flexible work arrangements. UNILAD
has reached out to Starbucks for comment.Featured Image Credit: Getty / Robin Marchant / Christopher Furlong
Topics: News , Starbucks , US News , Business , Travel , Money
Man left stunned after receiving tax bill for $ 34,576,826,561.47
It was so big the numbers went onto the next line on the bill Kit Roberts Doing your taxes can be a nerve-wracking experience, and one man certainly got a shock when he saw his bill. It's almost like it would be easier to just have a central agency that calculates how much tax you owe and like this, of course, is America so you must submit them yourself get into legal trouble if you do not have the financial know-how of an accountant. Barry Tangert from Pennsylvania was left sweating after submitting his taxes only to get his bill back (WJAC) That's because when he got his tax bill . over $ 1.5 billion. For a bit of context, that's more than the GDP of Iceland , which was at around $ 28 billion in 2023, and higher than Australia 's defense budget at around $ 32.3 billion. It says something when your tax bill is in the same league as national budgets. The number on the tax bill was so large that it did not actually fit on one line, with the last three digits being on a second line. Speaking to WJAC TV, Barry said: "The first thought was,
"His schedule will exceed the hybrid work guidelines and workplace expectations we have for all partners."
Raj Choudhury is a professor at Harvard Business School and studies remote working.
He told CNBC: "Starbucks based its selection process on this person's prior record of boosting restaurant-based companies, not their location.
" I expect more companies will take notice and follow suit: If you want to attract and retain the best talent, you have to be open to flexible work arrangements. UNILAD
has reached out to Starbucks for comment.Featured Image Credit: Getty / Robin Marchant / Christopher Furlong
Topics: News , Starbucks , US News , Business , Travel , Money
Man left stunned after receiving tax bill for $ 34,576,826,561.47
It was so big the numbers went onto the next line on the bill Kit Roberts Doing your taxes can be a nerve-wracking experience, and one man certainly got a shock when he saw his bill. It's almost like it would be easier to just have a central agency that calculates how much tax you owe and like this, of course, is America so you must submit them yourself get into legal trouble if you do not have the financial know-how of an accountant. Barry Tangert from Pennsylvania was left sweating after submitting his taxes only to get his bill back (WJAC) That's because when he got his tax bill . over $ 1.5 billion. For a bit of context, that's more than the GDP of Iceland , which was at around $ 28 billion in 2023, and higher than Australia 's defense budget at around $ 32.3 billion. It says something when your tax bill is in the same league as national budgets. The number on the tax bill was so large that it did not actually fit on one line, with the last three digits being on a second line. Speaking to WJAC TV, Barry said: "The first thought was,
'I wish I made enough money to even owe thirty billion in taxes'. "Let's be real though, if you had enough money to owe $ 34 billion in taxes, you would not be paying $ 34 billion in taxes. Barry continued:" Then I was thinking, 'I'm going to need to drink a lot of coffee in order to work three full time jobs' and then I'm thinking,' Wesley Snipes does not have anything on me. "That's an eye-watering amount! (WJAC) Eventually, he gathered himself and wondered how on earth such an error would have happened. He said:" Finally I was thinking, 'do not they have a computer algorithm to spot an error like. this and if a human looked at this why do they still have a job '. "Barry's unfortunate situation arose when his tax preparer noticed a mistake on his tax return from 2022. The tax preparer then sent in an amended return to ensure the information was all up to date and accurate., That's all evens out then!
Barry has now reached out to the Department of Revenue in Pennsylvania, who told him they would get back to him in a few weeks.Featured Image Credit: WJAC
Topics: News , US News , Money
Earthquake has just hit New York leaving people stunned
New York Metro Weather confirmed the earthquake after locals felt the ground shake Emily Brown Residents in New York have reported feeling a large earthquake shake the ground of the Big Apple. The United States Geological Survey has confirmed that an earthquake with a magnitude of 4.7 struck approximately five kilometers North East of Lebanon in New Jersey.
The earthquake struck at approximately 10:20 am ET today (5 April), causing the ground to shake both in New Jersey and in New York State.
X / @ nymetrowx
New York Metro Weather was also quick to confirm the quake in a post on X , writing: "YES THAT WAS AN EARTHQUAKE. Waiting for further information."
The account then shared an update to say 'no tsunami risk is anticipated' as a result of the earthquake.
Locals were left baffled after ground shook in Manhattan , with many taking to X to share their shock.
"anybody else just felt the earthquake rn ???? IN NEW YORK ???," one confused X user posted.
Another wrote: "DID ANYONE IN NEW YORK JUST FEEL AM [sic] EARTHQUAKE WHAT THE HELL WAS THAT."
One X user from New Jersey added: "I was on a Zoom call, we felt it from NJ, to NY, down to Balitmore."
Further information on the earthquake is still coming to light at the time of writing (5 April), but the New York Fire Department has said there are no initial reports of damage.
New York Metro Weather was also quick to confirm the quake in a post on X , writing: "YES THAT WAS AN EARTHQUAKE. Waiting for further information."
The account then shared an update to say 'no tsunami risk is anticipated' as a result of the earthquake.
Locals were left baffled after ground shook in Manhattan , with many taking to X to share their shock.
"anybody else just felt the earthquake rn ???? IN NEW YORK ???," one confused X user posted.
Another wrote: "DID ANYONE IN NEW YORK JUST FEEL AM [sic] EARTHQUAKE WHAT THE HELL WAS THAT."
One X user from New Jersey added: "I was on a Zoom call, we felt it from NJ, to NY, down to Balitmore."
Further information on the earthquake is still coming to light at the time of writing (5 April), but the New York Fire Department has said there are no initial reports of damage.
X / @ InfernoOmni
New York Gov. Kathy Hochul shared a post on X to say her team is 'assessing impacts and any damage that may have occurred'.
"We will update the public throughout the day," she wrote.
In the wake of the ground-shaking event, New York Metro Weather admitted it had not seen it coming when it shared its weather update earlier today.
"Another gradual improvement (look at us go)," the account wrote earlier. "High temperatures in the mid 50s with partly sunny skies. Isolated showers are possible this afternoon and blustery west winds will continue. The vibes are ... getting there."
Following the earthquake, it wrote: "I forgot to include scattered earthquakes in today's weather rating. My bad."
The office for New York mayor Eric Adams has reiterated on X that there area no 'reports of major impacts at this time', but it also shared advice for residents in the affected areas in case the states are hit with an aftershock.
"In case of an aftershock, drop to the floor, cover your head and neck, and take additional cover under a solid piece of furniture, next to an interior wall, or in a doorway," the Mayor's office wrote.Featured Image Credit: Drew Angerer / Staff / Dimitri W Ponirakis
Topics: US News , New York
New York Gov. Kathy Hochul shared a post on X to say her team is 'assessing impacts and any damage that may have occurred'.
"We will update the public throughout the day," she wrote.
In the wake of the ground-shaking event, New York Metro Weather admitted it had not seen it coming when it shared its weather update earlier today.
"Another gradual improvement (look at us go)," the account wrote earlier. "High temperatures in the mid 50s with partly sunny skies. Isolated showers are possible this afternoon and blustery west winds will continue. The vibes are ... getting there."
Following the earthquake, it wrote: "I forgot to include scattered earthquakes in today's weather rating. My bad."
The office for New York mayor Eric Adams has reiterated on X that there area no 'reports of major impacts at this time', but it also shared advice for residents in the affected areas in case the states are hit with an aftershock.
"In case of an aftershock, drop to the floor, cover your head and neck, and take additional cover under a solid piece of furniture, next to an interior wall, or in a doorway," the Mayor's office wrote.Featured Image Credit: Drew Angerer / Staff / Dimitri W Ponirakis
Topics: US News , New York
