Billionaires Bid Against One Another at NBA All Star Game

Submitted by Alejandro Botticelli on

Written by :

Alejandro Botticelli

Published on :

NY pharma Billionaire Stewart Rahr & Florida tourism billionaire Micky Arison bid against one another @ Saturday's 2010 NBA ALL-STAR Wade's World foundation event, with Rahr coming up on top with a 100K winning bid for a "Miami Heat" experience, allowing lunch with Dwayne Wade, and a pair of court side Miami Heat tickets.

Cheering on the billionaire bids were Alicia Keys, Spike Lee, Magic Johnson, real estate magnate Edward Mermelstein, and others.

Stewart Rahr is the owner of the drug wholesaler Kinray, one of the largest private pharmaceutical companies in the world.

An NYU Law School dropout, Rahr started wholesaling products to other drugstores out of his father's Brooklyn pharmacy in the late 1960s. He ultimately built the business into the privately-held behemoth Kinray, which now pulls in a whopping $4 billion a year in sales.

Rahr is a high profile philanthropist, and is known for the $45 million house he purchased in the Hamptons and his regular appearances in gossip columns.

Arison owns the Miami Heat and is Chief Operating Officer of Carnival Cruise Lines. 

Forbes magazine places Arison's wealth at $6.1 billion, making him the 94th wealthiest person in the world as of 2006. He is the son of the late Ted Arison, Carnival Corporation's founder.

Alejandro Botticelli, Gambling911.com 

Related Content

Lebron James Next Team The Miami Heat Odds

Lebron James Next Team The Miami Heat Odds

We’re back with another episode of “As the ‘Bron Turns.”
Scandal in San Antonio Texas:  Announcer Caught Cheating on Girlfriend, Fired, Odds on Who Will Replace Jacob Tobey

Scandal in San Antonio Texas: Announcer Caught Cheating on Girlfriend, Fired, Odds on Who Will Replace Jacob Tobey

We're all still keeping tabs on LeBron's decision, but some lesser-known drama has unfolded in the Association over the past 24 hours.
Lebron James 76ers

76ers Enter Mix for LeBron James after Jaylen Brown Add: Oddsmakers Have Philadelphia as New Favorite

Jaylen Brown said on his Twitch stream, “The process is back mf’er!” And, with that, we also have a new favorite team to land Lebron James, a fitting piece of news for the City of Brotherly Love this July 4th weekend.
Former NBA Star Malik Beasley Pleads Not Guilty to Gambling Charges

Former NBA Star Malik Beasley Pleads Not Guilty to Gambling Charges

Malik Beasley’s lawyer said the indicted former NBA star “wants to move on with his life” after pleading not guilty Wednesday to charges that he altered his play in certain games in 2024 to enrich sports bettors and ease his own debts.