Latest news with #Porches
Yahoo
04-06-2025
- Automotive
- Yahoo
3,000 Vehicles Stranded: Pacific Ocean Ship Fire
A ship stocked with vehicles was reportedly abandoned in the Pacific Ocean after a fire broke out on board. According to Reuters, the cargo ship Morning Midas was on a 19-day voyage, en route from Asia to North America. The vessel was 300 miles from Adak, Alaska early Wednesday when smoke started billowing from one of the decks. Most Read on IEN: Raccoon Break-In Snarls Airbus Jet Production Workers Shocked as Medical Coverage Cut Amid Contract Fallout Ford Sues Lawyers; Shoemaker Outsmarts Tariffs; RIP Penny | Today in Manufacturing Ep. 222 Crime Ring Accused of Stealing $83M in Amazon Cargo After efforts to put out the fire were unsuccessful, the ship's crew of 22 evacuated. Reports say the crew was safely transferred via lifeboat to a nearby ship with the help of the U.S. Coast Guard. The operator of the vessel, Zodiac Maritime, said its focus now is on trying to salvage the ship, though uncontrolled ship fires can be difficult to manage. In this case, the ship's contents are particularly combustible; of the 3,000 vehicles aboard, approximately 800 of them are electric. Once EV batteries ignite, the fires can be notoriously challenging to fully extinguish. Back in 2022, a similar incident occurred when the Felicity Ace caught fire near Portugal. The ship was carrying millions of dollars in automobiles – including Bentleys, Porches and Lamborghinis. Attempts to save the ship failed and, after burning for two weeks, it capsized and sank. It is unclear as to the current condition of the vehicles onboard the Morning Midas. Owner Zodiac Maritime has confirmed that the fire is believed to have originated in the area of the ship carrying the EVs. Click here to subscribe to our daily newsletter featuring breaking manufacturing industry news.
Buzz Feed
29-03-2025
- Lifestyle
- Buzz Feed
People Who've Known Or Dated Wealthy People Are Sharing The Most Shocking Things About Their Lifestyle, And I'm Fascinated
It's no secret that rich people have interesting lifestyles. We often hear about what the tech CEO billionaires and nepo baby actors are up to, but if you've ever been curious about the lifestyles of non-famous wealthy people, you're in luck. In one Reddit thread, friends and lovers of rich people shared the wildest things they've realized about them, and it's veryyy interesting. 1. "I was married to a physician and had a good friend who was an opthamologist (multiple homes and investment properties, international travel fairly often). They would spend HOURS on the phone refuting a $20 charge." – string1969 2. "Dated a girl who came from old money. Like hosting presidents at their Greenwich, CT mansion. All the grandchildren rebelled against it, wore old dirty clothes, shopped frugally, and did the dirty hippie thing. But she would begrudgingly go to Monaco every year and accept the yacht invites from the family." "Also even if people looked unkempt, everyone in the family was very healthy. There was no struggle except for self imposed hardship, and that one cousin who got into drugs and was sent to a $50k per month rehab retreat in the Berkshires." –one_pound_of_flesh 3. "I know someone who is a literal member of the aristocracy and lives in a castle but drives a beat-up old banger of a car. Same with clothes, etc. He will wear them until they have holes in them. You can tell by his speech that he's posh, but by the way he lives, you'd never know." –mm_2840 4. "I know a guy who sold a startup to a larger company during the first dot-com boom. A total engineer nerd/inventor/technologist with buckets of money. I told him about my severe flight anxiety when making monthly work trips to NYC from the Bay Area, and he suggested that I take a G6 and avoid taking a G5 because the bigger windows help with that." "I tried to explain why flying private wasn't really an option and that I fly commercial, and it was a bit of a 'it's a banana Michael, how much could it cost' conversation at that point." –chiangku 5. "I dated a rich girl in college (1990s). The family was very wealthy from old money. She would be weirdly cheap about some things, like collecting money for the keg at a party, and the next week, would just write a check for an addition on her home (that she bought to live in while attending school)." "Her dad had a barn full of mint vintage Porches. They had a debutante ball for her sister, which is still the fanciest, most pretentious event I've ever witnessed. I had to rent a tuxedo and decided to drop acid for it which was kind of terrifying but also awesome. So many sparkles." –mattbnet 6. "It was shocking how out of touch she was with normal people. Her parents gave her three houses. One to live in and two to rent out. She couldn't wrap her head around why people don't always buy the best version of stuff." –dances28 7. "My best friend from high school is super wealthy. She got her 19-year-old daughter a diamond bracelet for Christmas, and because it was an $800 bracelet and not the $3,000 one she wanted, she pitched a fit, threw the bracelet across the room, and had a meltdown. I just couldn't fathom being that entitled." –frisbeemassage 8. "Ordinary-looking house, ordinary-looking car, ordinary-looking clothes. Not all multi-millionaires flaunt their wealth for everyone to see." –Bizarre_Protuberance 9. "Nothing is not business. The new vacation home, for example, isn't just a plot of land he bought to put a house on. He bought acreage overlooking the ocean and subdivided it, with a nice double lot reserved for himself, so not only does he own the home, but he controls the covenant, HOA, and architectural board, and paid for the home and then some via the rest of the operation. The best part? The home is a business cost because it will be his son's 'office' and he's his 'employee.'" –john_jacob_01 10. "My long-term partner's family lives in Southeast Asia. They are part of the royal family and are billionaires. I'm talking a $40 million house, an underground garage with 14+ luxury cars, and a school of employees working around the house. When we visited, one of the drivers picked us up in a Bentley." "What shocked me most was how out of touch they were. We were traveling Southeast Asia at the time in our early 20s and just out of university, and they asked us, "So when you get back home from your travels, will you be purchasing a house?" We had just graduated and spent what money we had on travel. No, we would not be buying a fucking house. The kids all had two cars, a weekday and a weekend car. It was amazingly flashy at first and easy to be impressed, but I noticed after coming away from it I always felt really depressed. Obviously, they don't owe us anything, but they are literal billionaires, and we are back home with student loans trying to start our careers. All I'm saying is, if I had infinite money, I'd be helping out my entire family, haha." –Maximum_Vegetable_80 12. "I have a friend whose family is well off. Not 'private jet' wealthy but wealthy enough that buying a farm because 'it would be fun' was pretty much all it took to pretty much buy Harvest Moon, and even a decade later, it isn't remotely close to 'breaking even' on just property taxes let alone the cost of it all." "They don't consider saving money to be the same as lower stress. Something as benign as looking at two similar hotels. One is right at the conference center, the other is a two-minute walk away but is $50 cheaper per night (so $200 vs. $150 per night), which means that the convenience of not having the comically short walk is worth the $50." –skaliton 13. "He wasn't wealthy, but his entire family was. What shocked me were their family game nights, where winning a board game could get you imported glassware, Michael Kors handbags, or top-shelf scotch." –No_Brick_6579 14. "My best friend is a multi-millionaire due to his trust fund. He is just a normal dude who works 8-5 like the rest of us. The only reason you would know he's super rich is that he has a really big condo in downtown Chicago, which is like a $1.8 million dollar property." "Other than that he occasionally picks up the bill without us noticing and never really flaunts his money. He's actually super embarrassed by the trust fund stuff because he feels bad he didn't earn it. If I asked him for $10k, he would probably give it to me, but I am the limiting factor there; I could never do that." 15. "Social relationships were much more calculated, chosen based on who they know or whether or not they make a talking point. And not just by her, but by people who wanted to know her. The conversation came up when she told me about her family's three houses in Oahu, and I reactively made a comment, 'Wow that's probably more than my family's whole net worth.' She did NOT like that." –Automatic_Outcome_12 16. "For a few years, I had a boyfriend who was so rich that he misplaced a duffel bag with $300,000 in it, but I didn't even notice that he had misplaced it until months later." –Embarassed_Rock_513 17. "Just calling and asking her parents for money whenever there was something she wanted was mind-blowing to me. She'd wanna order Uber Eats and just call her dad and go, "Hey, Dad, I wanna order some food for lunch. Can you Zelle me, like, 40 bucks?" And he would. This would happen multiple times a week with so much random shit. Her parents also helped her with all of her bills. Never seen anything like it." –Cherrycokezerohead 18. "Went with him to Target for the first time. He was blown away at the variety of things they sold. Pots and pans in the same store with shoes? And toys? And pens? He always bought the highest quality of everything, so he's going to a pan dealer for pans. (Actually, he probably had his cook do this one), went to a cobbler for shoes and a pen store for pens." –GlassCharacter179 19. "Not me, but a buddy was with a girl whose parents owned big lumber mills. We were at her place chilling in the indoor hot tub and watching a movie at her place when her dad and uncles got home from crab fishing on their yacht. They chartered a helicopter to take them there and back and at around 10 p.m. we were eating crab caught that day. We were 400 kilometers inland." –UberBricky80
Miami Herald
26-03-2025
- Automotive
- Miami Herald
Car-obsessed 4-year-old gets birthday surprise. See his ‘personal car show' in Florida
A 4-year-old's obsession with what was once trucks turned him into a 'Porsche loving little boy' who got a 'special birthday surprise' in Florida. In February, Nadja Jovanovic asked her Winter Springs community Facebook page if anyone would be willing to help make her son Kosta's birthday one to remember. Jovanovic didn't think the request would end up 'accidentally creating a car meet' the day before Kosta's March 24 birthday. 'It's a very active Facebook group, we have like 15,000 members and randomly I got this idea because he loves race cars, McLarens and all that,' Jovanovic told McClatchy News in a March 26 phone interview. At first, her family's plan was to take Kosta to the McLaren dealership so he could 'see everything up close,' she said. 'I said, 'you know if anyone with a cool car, any car, could come by' and a lot of people responded to it,' she said. And through that Facebook group interaction, Jovanovic met Mike Mallozzi, someone who would surprise even Jovanovic during the birthday celebration. Mallozzi, who's close with an organization called Dream Cars 4 Kids, a nonprofit that goes to children's hospitals and gives kids experiences with luxury cars, is also friendly with local police. 'I didn't know it at the time but Mike is also close with our local police department so on top of organizing Audis, Porches, Lambos, beautiful cars, to come, he even had the police come with their sirens and everything,' she said. Although she only posted the TikTok video of a 'personal car show' for her friends and family, she said 'I have never seen that many positive comments on a video.' 'Everyone was just so kind, saying it restored their faith in humanity,' she said. That's not all they said, though. Some talked about how lovely it was to have a community band together for a celebration with one person saying, 'Something about strangers showing up for kids will always make me emotional. I just know this brought so much joy to all parties.' And others talked about how the car owners were helping a dream they might've had as a child come true for a little boy. 'The drivers were once little boys who loved cars. This is so wholesome.' 'I just know the car guys were prolly even more excited than your son to do this haha,' another wrote. 'Sometimes the world is a beautiful place,' someone else commented. Winter Springs is about a 260-mile drive northwest of Miami.
Yahoo
13-03-2025
- Business
- Yahoo
Tacoma man convicted of embezzling $2 million from his former employer headed to prison
A Tacoma man who embezzled over $2 million from an online car-sales company he worked for faces more than 11 years in prison, according to a U.S. Department of Justice news release. John Whisenant, 42, was sentenced in U.S. District Court for the Western District of Washington on Wednesday for wire fraud, scheming to defraud his employer and fleeing from law enforcement prior to his sentencing, the release said. Whisenant also was convicted in federal court for wire fraud in 2017 and for multiple credit card and check fraud crimes in state court over the last 20 years. The release gave the following details of the events leading up to Whisenant's sentencing: Whisenant began working for an online used-car sales company in October 2018. About a year later, he was promoted to a position that allowed him to access the company's bank accounts and accounting software. Using that access, Whisenant transferred over $2 million from the business to his personal accounts from around June 2019 to November 2021. He made 57 wire transfers, disguising them as legitimate business expenses by making false entries in the company's books. Prosecutors wrote that his actions ''traumatized' his coworkers ... destabilized (the company's finances and inflicted significant financial hardship on its largest shareholder, his family, and other investors,' according to the release. Records filed in the case indicate Whisenant spent some of the money on luxury cars, including Porches and Mercedes, a 2022 Audi E-Tron and a Tesla, along with renting luxury homes in Southern California and buying two $23,000 airline tickets to Paris. He spent over $1 million paying off credit-card debt. Whisenant's activities were discovered when a bookkeeper started 'a more comprehensive review of the company's financials in January 2022,' the release said. Whisenant resigned from his position in February 2022. Law enforcement arrested Whisenant in July 2023, and he pleaded guilty in March 2024. Before his scheduled sentencing in July 2024, he emailed his pretrial-services officer with the message, 'I'm not ready to go to jail yet,' according to the release. Whisenant then attempted to evade police, hiding his whereabouts by swapping out the SIM card in his phone and supporting himself by dealing drugs, including methamphetamine, GHB, Viagra and other pills, according to the news release. He has agreed to pay back the full balance of his embezzled frauds at $2,084,779, according to the release.
Yahoo
19-02-2025
- Automotive
- Yahoo
Dave Ramsey says he can 100% tell who will stay middle-class by looking at the cars they drive
Dave Ramsey, a personal finance guru and radio host, says he can tell who will stay paycheck to paycheck by the cars parked in front of their modest homes. His money advice could help Americans, who are $1.66 trillion deep in auto debt. Driveways decked out with Audis and Porches may be a smokescreen for the actual financial situation of their owners, according to one financial expert. 'The way you know someone is going to stay middle-class is when they have two very nice cars that are obviously $500, $600, $700 payments, sitting in front of a middle-class house,' Dave Ramsey, personal financial expert and radio host said on his show last year. '100% those people are going to stay middle-class until they break that habit. It's a huge indicator.' Many Americans are struggling with money management, and Ramsey often takes calls with his 3.88 million YouTube listeners who are in a pinch. If there's one thing he espouses above all else, is that people shouldn't be living outside of their means. While he thinks it's perfectly okay for a billionaire to drive off the lot with a brand new Mercedes, the average worker shouldn't. 'One of the guidelines we've developed here is to not have more than half your annual income tied up in things that have motors and wheels,' Ramsey said. 'We tell folks not to buy a brand new car until you have a net worth of a million dollars. If you do have a car you should sell it if it violates those things.' Instead, he suggests that middle-class earners should buy used cars. Otherwise, they would have too many assets sinking in value while they're already financially struggling. Ramsey refers to nice cars as 'toys,' and that they should be out of the question until they hit that seven-figure status. And Ramsey has a point—missed car loans and other forms of consumer debt are dragging working Americans into sticky situations. Many people in the U.S. are deep in debt—so much so, that the nation's household debt ballooned to a $18.04 trillion in the third quarter of 2024. And auto debt has continued to worsen. 'While mortgage delinquency rates are similar to pre-pandemic levels, auto loan delinquency transition rates remain elevated,' Wilbert van der Klaauw, Economic Research Advisor at the New York Federal Reserve, said in a press release. 'High auto loan delinquency rates are broad-based across credit scores and income levels.' American auto loan balances increased by $11 billion in the fourth quarter of 2024, standing at $1.66 trillion in total. And when it comes to serious delinquency—when a borrower is 90 days behind or more in payments—the numbers are rising with auto loans and credit card debt. About 2.96% of loans flowed into serious delinquency in the third quarter of 2024, compared to 2.66% in the third quarter the year prior. Americans are falling deeper into debt—and it's hurt their ability to climb out of a financial hole. This story was originally featured on Sign in to access your portfolio
