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Purchased Stake facts

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Taylor Swift was born into wealth. Her father is "a descendant of three generations of bank presidents" and worked for Merrill Lynch. At the age of 14 her family moved to Nashville where her father purchased a stake in Big Machine, the label to which Swift first signed.

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Scott Swift is a wealthy Merrill Lynch banker who purchased a 3% stake ($120,000 ) of the independent label Big Machine Records, the label that first signed his daughter Taylor Swift.

What do they do at puppy mills?

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  1. In 2001, a South African company named Naspers decided to purchase a 46.5% stake into an up-and-coming Chinese tech company. This initial investment of $32 million into what would become Tencent has now ballooned to over $175 billion, making it one of the most successful investments in history.

  2. Jim Henson offered to give 30% of the Muppets to singer/sausage guy Jimmy Dean who wouldn't accept. The stake would have been worth over $200M when Disney purchased the company.

  3. The Chrysler Building in Manhattan is technically owned by the Government of Abu Dhabi. A 90% stake in the building was purchased by the government's investment arm in 2008.

  4. 50 Cent briefly considered getting involved in the mining industry. He met with a South African billionaire and considered purchasing an equity stake in a platinum mine shaft in the hopes of launching his own branded line of platinum.

  5. In 1966 Walt Disney entertained at Disneyland a 36 yr old investor named Warren Buffett. After liking what he saw Buffett purchased a 5% stake in the company for $4 million. He'd sell his stake a year later but had he held onto the stocks they'd be worth between $7 to $12 billion today.

  6. Before he died at the 2001 Daytona 500, Dale Earnhardt Sr. purchased a stake in a minor league baseball team, and had planned to have an active role in its day to day operations. That team is known as the Kannapolis Intimidators, a reference to his racing nickname.

  7. Westinghouse operates half of the worlds nuclear reactors, they purchased CBS in 1995, then sold the nuclear division to the British Government in 1999 which sold it in 2005 to Toshiba with a minority stake owned by Chicago Bridge & Iron Company and the country of Kazakhstan.

  8. In 2004, eBay purchased 25% stake in Craigslist, In 2008, sued it, In 2015 divested stake back for undisclosed amount.

purchased stake facts
What puppy mills do to dogs?

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