Word: megarich
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Dates: during 1990-1999
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...intrigued by your report on research into staying youthful and the possibilities of a vastly expanded life-span [MEDICINE, Nov. 25], but I can see a day coming when, if methods for preserving youth do become practical, they will be the exclusive domain of the megarich and powerful. A few lucky people will be given a chance to live more than one century, but the rest of us will experience, I fear, little or no benefit. I'd love to be proved wrong, but "health equals wealth" certainly seems to be the trend in America just now. DARRELL LELAND Albuquerque...
...ludicrous as the current work stoppages bedeviling professional sports. In baseball and hockey, multimillionaire owners have been pleading impending poverty. On the other side, players, some of whom are also multimillionaires, stamp their size 13s and demand a bigger share of the pie. It's the rich vs. the megarich in a spectacle almost as distasteful to watch as the intramurals among the wackos of the House of Windsor. If there are principles involved, and both sides swear there are, they do not make sense to anyone but the principals. To the rest of the nation, the baseball strike...
Oprah Winfrey's Harpo Productions and King World distributors announced a deal on Friday that would pay the already megarich TV talk-show host more than $500 million. The agreement increases her share of syndication profits and could extend the run of her popular TV show through the year 2000. Winfrey is also allowed to drop her show without any contract penalties...
...million to $15 million range, and he would be worth it, considering that according to Pellicano, $20 million was the amount demanded by the boy's father last year. The trust will ensure that not all the millions end up in the parents' pockets. But how much will the megarich star be left with? Reportedly, Cochran has asked TIG Insurance, the Transamerica subsidiary that holds Jackson's personal-liability policy, to cover the settlement...
...million bond payment on his Trump Castle casino in Atlantic City. At the time, Trump explained that the casino got an infusion of a "relatively small amount of money." Relative is right. The Wall Street Journal reported last week that Trump's 85-year-old father Fred, a megarich developer based in Brooklyn, dispatched a lawyer in December to buy $3 million worth of chips at Trump Castle, in effect giving Donald a loan. Last week the younger Trump would acknowledge only that "a group bought some chips, and that's not a totally unstandard thing." According to casino regulators...