Maloof's net worth $1,038,250,000?

[PurpleHaze]

http://www.richbutbroke.com/335/Maloof-Brothers-Net-Worth

That's slightly over $1 billion number shown here as of 04/24/12. Seems I've seen other recent estimates around half billion dollars lower based on outstanding debts and dwindling main assets, Kings and Wells Fargo Bank stock. I wonder how actually rich or growing poorer they really are?

 

[Section 101]

OMG LOLOLOLOLO

Everyone needs to read this article. I AM SO ON THE FLOOR

http://starcasm.net/archives/119798

 

[PurpleHaze]

OMG LOLOLOLOLO

Everyone needs to read this article. I AM SO ON THE FLOOR

http://starcasm.net/archives/119798

Thanks for posting this. VERY revealing plus kudos to our Kingsfans.com Larry David for his excellent research.

 

[JB_kings]

OMG LOLOLOLOLO

Everyone needs to read this article. I AM SO ON THE FLOOR

http://starcasm.net/archives/119798

Now that is funny!
Way to go Larry... it's time for your 15 minutes.

 

[rainmaker]

That article looks like it was written by an either grader. Not factually correct, nor is it grammatically correct.

 

[hrdboild]

Bottom Line: By controlling his lifestyle and spending less than he makes, Maloof Brothers earns $38,250,000 per year after lifestyle, taxes and other expenses.

$38 million per year in earnings = should not own an NBA team

 

[Capt. Factorial]

That article looks like it was written by an either grader. Not factually correct, nor is it grammatically correct.

An eighth grader? I've seen more coherent stream-of-consciousness spam. Seriously, it looks like it was written by a 'bot.

 

[pdxKingsFan]

$38 million per year in earnings = should not own an NBA team

That is "after lifestyle, taxes and other expenses"... I would guess for most people those encompass 85-95% of their annual earnings. If you run a credit card balance and don't contribute to a retirement account then its probably 100%.

Like I've always said there's broke and then there's rich "broke".

 

[kennadog]

Don't forget, that "family" income has to support Mama Maloof, Joe, Gavin, George, Phil and Adrienne. Well, not so much Adrienne, because she's married to a guy who probably makes tons of money.

 

[Section 101]

I think most are missing the comedy here. Some random wannabe national enquirer website has link to Larry David's kingsfans post and is using it as a basis for an article on Adrianna's income. What's next? A link to Bricks grades girls on a porn site?

 

[pshn80]

Bottom line. Do we know any more about their wealth, income, liquidity than we did before? Can they afford a successful NBA team if they want to? Can I stop worrying if they have enough to do a team improvement? I'd like some other's views. Thanks.

 

[Capt. Factorial]

Bottom line. Do we know any more about their wealth, income, liquidity than we did before? Can they afford a successful NBA team if they want to? Can I stop worrying if they have enough to do a team improvement? I'd like some other's views. Thanks.

No, no, and no.

 

[Tetsujin]

http://www.richbutbroke.com/335/Maloof-Brothers-Net-Worth

That's slightly over $1 billion number shown here as of 04/24/12. Seems I've seen other recent estimates around half billion dollars lower based on outstanding debts and dwindling main assets, Kings and Wells Fargo Bank stock. I wonder how actually rich or growing poorer they really are?

That site seems to have been written under the impression the Maloofs still own the Palms though.

 

[upinsmoke]

I think most are missing the comedy here. Some random wannabe national enquirer website has link to Larry David's kingsfans post and is using it as a basis for an article on Adrianna's income. What's next? A link to Bricks grades girls on a porn site?

Mika Tan for MVP lol.

 

[Glenn]

I think most are missing the comedy here. Some random wannabe national enquirer website has link to Larry David's kingsfans post and is using it as a basis for an article on Adrianna's income. What's next? A link to Bricks grades girls on a porn site?

I hope so.

 

[Fear the Putin]

I think most are missing the comedy here. Some random wannabe national enquirer website has link to Larry David's kingsfans post and is using it as a basis for an article on Adrianna's income. What's next? A link to Bricks grades girls on a porn site?

brick's girls are not sluts I tell ya!

 

[VF21]

http://www.richbutbroke.com/335/Maloof-Brothers-Net-Worth

That's slightly over $1 billion number shown here as of 04/24/12. Seems I've seen other recent estimates around half billion dollars lower based on outstanding debts and dwindling main assets, Kings and Wells Fargo Bank stock. I wonder how actually rich or growing poorer they really are?

That article is either one incredible piece of satire or the most ridiculous piece of writing ever posted online.

I especially liked this part: "Financial Advice - This wealth is on autopilot and should never run out."

Any Kings fan knows more about the financial situation of the Maloof Brothers than the writer of that article. Just some of the more obvious errors:

1. They sold the beer distributorship.
2. They no longer control the Palms.
3. Having Ali Lohan under contract is about as valuable as owning stock in Betamax.

I could go on, but why bother?