Daily Archives: September 18, 2018

Markethive

World’s Top 10 Youngest Billionaires

Leave a comment

By Caitlin Kindig | Updated July 12, 2018 — 10:02 AM EDT

Thanks to family inheritances, family businesses, and technology startups, there seem to be more young billionaires today than at any point in history.  According to Forbes, the youngest billionaire in the world comes in at just 21 years old, with the tenth youngest being 32 years old. Kylie Jenner is on the cusp of being the world's youngest self-made billionaire, a title that Mark Zuckerberg, co-founder and chief executive officer (CEO) of Facebook (FB), earned in 2006 at the age of 23. Jenner, now 20 years old has an estimated net worth of $900 million and will turn 21 in August 2018.

This list is according to Forbes' real-time net worth ranking as of July 11, 2018.

1. Alexandra Andresen
Born in 1996, Alexandra Andresen is the world's youngest billionaire, at just 21 years old. She is a Norwegian heiress and the daughter of Johan H. Andresen Jr., who owns Ferd, a Norwegian investment company that runs hedge funds, actively invests in the Nordic Stock Exchange, and has private equity investments. In 2007, Andresen and her sister, Katharina, were each transferred 42.2% of the ownership stakes and subsequently inherited the money. Andresen has an estimated net worth of $1.4 billion. 

2. Katharina Andresen
Katharina Andresen is the world's second-youngest billionaire, as only her sister Alexandra is younger. Andresen also inherited 42.2% of the Ferd ownership stakes. She is 23 years old and has an estimated net worth of $1.4 billion. 

3. Gustav Magnar Witzoe
Gustav Magnar Witzoe owns nearly half of Salma ASA, one of the world's largest salmon producers. Salmar spearheaded the industrialization of salmon farming in Norway. This stake was given to him in 2013 by his father, Gustav Magar Sr., who founded the company in 1991. Because Witzoe Sr. still runs the company, Gustav invests in real estate and tech startups. He is 25 years old has an estimated net worth of $2.7 billion.

4. John Collison
John Collison is the owner and co-founder of Stripe, a company that builds software for businesses to plug into websites and apps to instantly connect with credit card and banking systems in order to receive payments. The 27-year-old Irish entrepreneur devised the idea for Stripe with his brother, Patrick, when they were both attending university in Boston. The company is valued at $9.2 billion, and Collison himself has an estimated net worth of $1 billion.

5. Evan Spiegel
Evan Spiegel is the co-founder and CEO of Snap Inc, a camera company which operates Snapchat — a photo messaging service that delivers temporary photos between friends. Snap Inc has a market cap of $16.7 billion as of July 11, 2018. Spiegel studied product design at Stanford University, where he met his co-founder and fellow billionaire, Bobby Murphy. Evan Spiegel is 28 years old and has a net worth of $3 billion.

6. Ludwig Theodor Braun
Ludwig Theodor Braun owns 10% of the medical device company B. Braun Melsungen, which was founded in 1839 as a small pharmacy that sold herbal remedies. Now, the company manufactures injection solutions and surgical instruments. The company had over $7.9 billion in sales for 2017. Braun is 28 years old and has an estimated net worth of $1.6 billion.

7. Bobby Murphy
Bobby Murphy is the second half of the co-founding pair that brought Snap Inc to the marketplace, and he also owns the company. Murphy is older than his fellow co-founder Spiegel and studied mathematics and computational science at Stanford University. Murphy is 29 years old and has an estimated net worth of $3 billion.

8. Patrick Collison
Brother of John Collison, Patrick is the co-founder and CEO of Stripe, the company that allows businesses and individuals to easily accept payment over the internet. Stripe's big-name investors include Elon Musk and Peter Thiel. Collison is 29 years old and has an estimated net worth of $1 billion.

9. Wang Han
Wang Han inherited wealth from the shares he holds in Juneyao Air, a major airline company based in Shanghai. He inherited the shares from his deceased father who founded Juneyao Group which also has business involvement in retailing, education, and food. Han is 30 years old and has an estimated net worth of $1.3 billion.

10. Lukas Walton
Lukas Walton is the grandson of the famous founder of Walmart Inc. (WMT), Sam Walton. He inherited his fortune as well as one-third of the family estate from his father, John Walton, who died in a plane crash in 2005. An active investor and philanthropist, Walton owns stakes in Walmart, First Solar, and Arvest Bank. He is 32 years old and has an estimated net worth of $14.2 billion.

 

Read more: World's Top 10 Youngest Billionaires | Investopedia https://www.investopedia.com/articles/personal-finance/101415/worlds-top-10-youngest-billionaires.asp#ixzz5RTXl2rsa 
Follow us: Investopedia on Facebook

Alan Zibluk Markethive Founding Member

Markethive

Restored Sexuality- God’s plan for sex

Leave a comment

God’s plan for sex

Written by Joy on 14/06/2016
Series: Weekly Devotional
Tags: Lust, Marriage, Sex, Sin
Carefully determine what pleases the Lord.

Ephesians 5:10
God created sex to be a beautiful gift. In Genesis 2, God says it was not good for man to be alone so God created the perfect partner, a woman, so they could become one flesh. The chapter closes with the statement, “they were both naked and felt no shame.” Sex creates a unique relationship that involves physical, emotional and mental unity and completion.

If sex is blessed by God, what makes it immoral?

Blessings Lost
When we forget God has authority to set limits, blessings are lost. “Yes, they knew God, but they wouldn’t worship him as God or even give him thanks. And they began to think up foolish ideas of what God was like. As a result, their minds became dark and confused.” (Romans 1:28). Your phone works best when you use it the way it was designed. In the same way, God designed sex to work a certain way. Rejecting His design leads to darkness, confusion, secrecy, shame, and judgement.

Blessed Design
God used His infinite wisdom to design sex in the beginning. God does not need to “evolve.” He does not change his mind based on our opinions. Scriptures from Genesis to Revelation give a very clear picture of the kind of sex that pleases God. “This explains why a man leaves his father and mother and bonds with his wife, and they become one flesh.” (Genesis 2:24). God approves of sex when it is between one man and one woman who have made a lifelong commitment to marriage. Jesus confirmed this to be an unchanging truth in Matthew 19.

Are you willing to trust God’s wisdom and love and follow his guidelines?

Blessing Restored
“He has rescued us from the domain of darkness and transferred us into the kingdom of the Son He loves. We have redemption, the forgiveness of sins, in Him.” (Colossians 1:13-14). We no longer have to sit in the darkness of shame and confusion. Jesus has made us children of light! (Ephesians 5:8-11)

“You cannot say that our bodies were made for sexual immorality. They were made for the Lord, and the Lord cares about our bodies…If we belong to Christ our body is not our own but a temple of the Holy Spirit and therefore we should honor God with our body.” (1 Corinthians 6:13, 19-20). Obedience to God’s plan for sex is a choice we make when we want to please God, not ourselves (Colossians 3:1-17). God has given every Christian the Holy Spirit to teach us truth and empower us to obey it.

Are you going to find out what pleases the Lord and choose to live by it?

Pray this week:
Show me, Lord, where I am not pleasing you in my attitudes and actions regarding sex.

Do you really know what Scriptures say about sexual sin? I

Alan Zibluk Markethive Founding Member

Markethive

Bitcoin BTC Price Watch – Bearish Wedge Breakout

Leave a comment

Bitcoin (BTC) Price Watch - Bearish Wedge Breakout

Bitcoin (BTC) Price Watch – Bearish Wedge Breakout

Bitcoin Price Key Highlights
 

  • Bitcoin price recently broke below a rising wedge pattern to signal that further losses are in the cards.

  • Price might still pull back to the broken support area, which lines up with Fib levels, to gather more selling pressure.

  • Technical indicators are showing that there is still some bullish momentum left.

Bitcoin price made a downside break from its rising wedge pattern but might be due for a pullback before heading further down.
 

Technical Indicators Signals

 

The 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is still to the upside. In other words, there still might be a chance for the uptrend to resume.
 

However, the gap between the two is narrowing to reflect weaker bullish momentum and a possible downward crossover. Bitcoin price has also tumbled below both moving averages, so these might hold as dynamic resistance moving forward.
 

RSI is turning higher after recently dipping into oversold territory, suggesting a possible return in bullish pressure. Stochastic also looks ready to climb out of the oversold region and bitcoin price could follow suit once it heads north.
 

However, price could hit roadblocks at the Fib levels marked on the breakdown. The 61.8% Fib lines up with the broken wedge support around $6,430 and the 50% Fib lines up with the 200 SMA dynamic inflection point. If any of these levels keep gains in check, bitcoin price could resume the slide to the swing low or lower.

Risk aversion has returned to broader financial markets on account of the fresh set of tariffs imposed by the US on China. These tariffs, which are due to take effect on September 24, levy 10% of duties on $200 billion worth of Chinese goods and the rate would increase to 25% by the end of the year.

 

With that, it’s understandable that traders are dumping their riskier holdings and flocking back to the safe-havens. Cryptocurrencies have been deep in the red once more, with declines led by ethereum.

SARAH JENN | SEPTEMBER 18, 2018 | 3:52 AM

Alan Zibluk Markethive Founding Member