Wednesday 26 December 2012

Youngest Billionaires In The United States - Forbes 400
If the Forbes 400 is the ultimate scorecard of wealth, these 20 people may be winning — even more than Bill Gates or Warren Buffett. While Gates and Buffett have the edge in total dollars, it’s the young billionaires that really get to have all the fun. Rather than planning retirement and succession, these folks are starting new companies and families, searching for new businesses to disrupt and new passions to engage. This year’s group of 20 youngest billionaires in America makes up just under $100 billion in total net worth ($98.6 billion to be precise). Dustin Moskovitz, at 28 years old, holds the title of youngest billionaire in the U.S. The Facebook cofounder made the list at $2.7 billion, down from $3.5 billion a year ago. Mark Zuckerberg, the second-youngest, also saw his net worth drop off a cliff after the Facebook IPO flop. Zuckerberg, who’s only eight days older than his former college roommate Moskovitz, had an estimated net worth of $17.5 billion in 2011. Now he’s down to $9.4 billion — certainly nothing to cry about (even though in dollar terms he’s the year’s biggest loser). Silicon Valley is well represented among the young and wealthy. Including Moskovitz and Zuckerberg, half of the top 20 youngest billionaires built their fortune in tech. Sean Parker, 32, is a Facebook alumnus who’s moving forward with video chat platform Airtime. Jack Dorsey, 35, is the chairman of Twitter and CEO of Square — he’s a newcomer to the 400 list at $1.1 billion. Then there are the 39-year-old Google founders, Larry Page and Sergey Brin. Combined, the duo is worth more than $40 billion in Google stock. Veterans from the first tech boom also dot the list. Jerry Yang, 42, founded Yahoo 18 years ago. He’s still going strong at $1.2 billion, although his company is looking for its latest rebirth under new CEO Marissa Mayer. Pierre Omidyar, who started eBay, is more focused on philanthropy, while PayPal founder Elon Musk has put his money into electric cars (Tesla) and space travel (SpaceX). But tech titans aren’t the only ones making money at an early age. More than a few hedge fund whiz kids are enjoying success. Chase Coleman and John Arnold have already amassed billion-dollar funds. Coleman, 37, shot to the top of the hedge fund heap — his Tiger Global beat nearly all other hedge funds in 2011 with a 45 percent return. Meanwhile, Arnold has already cashed in his chips. He shocked the investing world when he announced his retirement at the precocious age of 38. He now plans to devote much of his time (and $3 billion net worth) to charitable pursuits. Two others who made the youngest list last year but dropped off are Zynga founder Mark Pincus, 46, who lost more than half of his net worth as the stock tanked, and Facebook cofounder Eduardo Saverin, 30, who renounced his U.S. citizenship in 2011 and permanently relocated to Singapore.

Monday 24 December 2012

Supreme Court Sentences Rapist, Murderer To Death By Hanging 24 December, 2012
The Supreme Court has sentenced James Chiokwe to death by hanging for the brutal rape and murder of a 15 year secondary school girl, Dorothy Ibekwe at Ugboh Edem Nike, Enugu on March 5, 1983. Chiokwe had met the deceased harvesting yams on the farm on that fateful day and held her by her neck and took her to the side of the farm where he had sex with her with brutal force. The convict who confessed to the commission of the heinous crime to the police initially said that he did not know what went into his head after having sex with her, when he took a knife and cut the girl’s neck and killed her. ‘’After I had sex with her, I took my knife and cut her neck, I also cut her on the hand and on her head and she died.’’ A police officer, Nicholas who investigated the crime said in part, ‘’on March 7, 1983- I was on duty at state Criminal Investigating Department (C.I.D.) office when a case of murder was referred to me for investigation. In the course of my investigation, I visited the scene of crime in the company of the accused. There, the accused showed me where he saw the deceased in a farm when she was harvesting yams. The accused told me that he held the deceased by her neck and took her to the side of the farm where he had sex with the deceased. ‘’The accused also took me to a dried river very near to the farm where he said he killed the deceased and dumped her corpse there and covered it with dried leaves. ‘’The accused also showed me a window in Dorothy’s house which he said he broke a day before he killed the deceased and that before he could enter the room, he was challenged and he ran back to his house’’. After Chiokwe was convicted at the High Court of Enugu, his counsel tried in vain at the Court of Appeal in Enugu to discredit the confessional statement of the accused. He had, in the alternative, urged the appellate court to be lenient to the accused by reducing his conviction to manslaughter. Chiokwe through his lawyer further told the appellate court that the accused had ordinarily set out to have intercourse with the girl on the farm and along the line he lost his senses and killed her after the act. He added that the murder could not have been premeditated. But the appellate court held that to convict a person charged for murder with manslaughter is not a matter of leniency but evidence adduced before the trial court. ‘’Where the evidence is sufficient to warrant the trial court to convict the accused for murder the trial court cannot do otherwise but convict the accused for murder and the appellate court has no discretion to be lenient to convict the accused for manslaughter’’. The five-man panel of Justices of the Supreme Court led by Justice Mary Ukaego Peter-Odili, on December 14, upheld the concurrent findings of the trial and the appellate court and consequently dismissed the appeal of the convict for lack of merit. ‘’I affirm the decision of the Court of Appeal which affirmed the judgment, conviction and sentence to death by hanging of the trial High Court’’ i personally believe this would mark a serious warning to those animals who persist in the heinous act
Nas Sued Over Kidnapping Ordeal: Concert Promoter Suing Rapper For $10 Million
The concert promoter who claims he was kidnapped because rapper Nas didn't show up for a scheduled performance is now suing the rapper for $10 million. In December 2011, Patrick Allocco alleged that he was kidnapped in Angola because the rapper didn't show up to a New Year's Eve concert after allegedly taking his $300,000 performance fee. Allocco told TMZ that he and his son were kidnapped by men working for a local concert promoter, who held him at gunpoint in order to turn him over to local authorities. Allocco says he was held against his will for 50 days, during which time he was beaten and threatened. In a lawsuit filed on Friday, Allocco claims he sustained psychological, physical and financial injury during his ordeal, losing his home and company in the process, reports The New York Daily News. According to court papers, Allocco claims that Nas received the $300,000 fee in advance, but instead of playing the show in Angola, he was in Miami attending a New Year's Eve engagement party at the home of basketball player LeBron James. So far the rapper's camp has not commented on the lawsuit.

Sunday 23 December 2012

RapeZilla

i like to think its official...but il ask anyway... which country do you think takes home the crown for possessing the most dreaded beasts- rapers Nigeria, India or South Africa