Believe it or not there are actually a few Jews who are big in the world of business. It wasn’t easy, but after working all night we came up with a list of 10 who were big in 2021. Here are the first 5.
In 2021, Mark Cuban decided to have his Dallas Mavericks NBA team stop playing the national anthem at home games, gave a lot of money to summer reading programs for kids and went back and forth on the issue of whether or not Cryptos are a worthwhile investment. Cuban also said he might run for President.
So, in other words, it was just another normal year for Mark Cuban.
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Oh, and he also bought his very own town in Texas. Yes, he did. Just a few weeks ago Mark Cuban bought the tiny town of Mustang Texas. Mustang is a small town of just 23 residents in Navarro County, located about 55 miles away from Dallas, where Mark Cuban’s NBA team the Mavericks plays.
And how much did it cost Mr. Cuban? The purchase price was not revealed, but some publications report that it was about $2 million.
The town boasts an abandoned strip club that Google shows has now been renamed “Mark Cubaret.” No word yet if Mark Cuban has any plans for reopening it.
It was a big year for Roman Abramovich too. The billionaire owner of England’s Premier League Chelsea Football club acquired Portuguese citizenship in 2021. He was eligible as someone whose ancestors were Jews who had been expelled from the country more than500 years ago. The Portuguese citizenship also makes him a citizen of Europe. The EU citizenship should help Roman Abramovich with his business dealings in England.
Roman Abramovich also won a major court case over allegations that he only acquire the Chelsea FC on the orders of Russian President Vladimir Putin. It was alleged that he did so as part of a ploy by Putin to gain influence in the West. He sued the people who made the accusation for libel and won.
There is no stopping Jamie Dimon. This year he signed on for another 5 years to head JPMorgan Chase. The firm gave Dimon a “special award” of 1.5 million stock appreciation rights. This is a form of options contracts that Jamie Dimon can exercise in five years if the stock price rises and is said to be worth up to $50 million. But there is a catch: Dimon must stick around at the helm of JPMorgan Chase for those five years.
The 65-year-old Jamie Dimon has been in charge of JPMorgan Chase since 2005. Forbes estimates his personal wealth at $.8 billion. Dimon is credited with leading JPMorgan Chase out of the mire following the 2008 financial crisis, turning the firm into a world banking power.
Dave Portnoy made a lot of headlines in 2021. The founder of Barstool Sports engaged in a continuing aggressive campaign of self-defense against various accusations of sexual misconduct.
The 44-year-old businessman was accused by a number of women of taking them on abusive and humiliating trysts. One accuser told Business Insider of Dave Portnoy’s behavior, “It was so rough I felt like I was being raped. He videotaped me and spit in my mouth and choked me so hard I couldn’t breathe.”
Goal tend https://t.co/VlCzd16YVg
— Dave Portnoy (@stoolpresidente) December 29, 2021
Dave Portnoy also made a number of shrewd investments in 2021 and got into a bit of a feud with former baseball player Jose Canseco.
2021 saw many big names in business get sued for one thing or another and Barry Diller was no exception. Barry Diller was charged this year that he somehow cheated the founders of Tinder out of a fortune, $2 billion to be exact. The Tinder founders assert that Barry Diller did this by greatly undervaluing their company when they sold it to his company.
Tinder’s co-founder and former CEO Sean Rad alleged that IAC and Match Group, companies owned by Barry Diller, falsified valuations of Tinder back in 2017, making it look like their company had a bleak future. These weak financial projections were made while the negotiations over the sale of Tinder were underway.
But on the brighter side, Barry Diller’s IAC, a huge media conglomerate, just might buy out Meredith, the parent company of such iconic publications as People Magazine. The deal reportedly would be worth $2.5 billion.
Meredith Corporation is a publicly held media and marketing services company. It holds national and local media groups, covering pop culture, entertainment, food, fashion and lifestyle, news, business and finance, and sports. Its many magazines include Health, Entertainment Weekly, Food & Wine, Better Homes & Gardens, Allrecipes and In Style.