Stephen Leo Bing was born on March 31, 1965, to real estate heir Dr Peter Bing and his wife Helen. Peter Bing had inherited a fortune from his property magnate father Leo. Steve received the best education money could buy at the prestigious Harvard School in Los Angeles. On graduating from high school, he enrolled at Stanford University in Palo Alto, like his father before him, but dropped out after only 16 months. With more money than he could ever need, he quickly learned how to enjoy himself in Hollywood. He was soon part of the in-crowd, counting the wild Brat Pack actors Rob Lowe, Charlie Sheen and Kiefer Sutherland among his friends.
The only things Steve Bing really cared about were movies and sex, an old friend of his once remarked.
Bing was a regular visitor to Hugh Hefner's Playboy mansion. 'He was a sexual predator,' recalled Tracy Richman, a choreographer who partied with the same set. 'He liked sexual women, not prissy ones. Once, I had a threesome with him and one of my girlfriends.'
Source: Steve Bing's Seedy Side
Steve Bing and The Clinton's:
On December 18, 2008, the WIlliam J. Clinton Foundation released a list of all contributors. It included Stephen L. Bing, who gave between $10-25 Million.When Clinton flew to North Korea in 2009 to negotiate the release of journalists Euna Lee and Laura Ling, it was Bing who settled it, and also footed the estimated $200,000 in costs to fly to North Korea.
Steve Bing also worked with Martin Scorsese to produce an HBO film about Bill Clinton.
In March 2010, the Daily Beast reported that Bing was paying Bill Clinton $2.5 million a year to serve as an adviser to his green construction business.
More About Bill Clinton and Stephen Bing's Trip to North Korea:
In a hair raising twist to this story, a Podesta email was found referring to two American "journalists" who were detained in North Korea with an attachment entitled "PIZZA" with a comment on the email saying "It doesn't get any better than this". You can view the email here: WikileaksWho were these two women? American Journalists? Actually, they were being charged with HUMAN TRAFFICKING by North Korea! But fear not, because Bill Clinton and Stephen Bing went over there and personally worked their magic. Kim Jong Il granted a "Special Pardon" to Laura Ling and Euna Lee. Source: Click here
Castle Rock:
Steve Bing was best known for founding Shangri-La Entertainment, a film financier who helped finance several films including Beowulf and Polar Express. These projects were through a film company known as "Castle Rock".
Castle Rock Entertainment is an American Film company founded in 1987 by Martin Shafer, Rob Reiner, Andrew Scheinman, Glenn Padnick and Alan Horn.
According to Rob Reiner, when he needed $1.7 million to finish building the NRDC headquarters in Santa Monica, he made a single call to Bing and soon after the money was there.
Steve Bing also contributed 3.5 million to the 1998 Rob Reiner led initiative Proposition 10 that imposed a 50 cent per pack tax on cigarettes to fund child-care and anti-tobacco programs for preschoolers.
However, 6 years after Rob Reiner won voter approval, millions of dollars raised by the measure in Los Angeles County were spent on travel and administration, but the preschool program it was supposed to fund still had not been up and running. In 6 years the commission had received $820 million in tobacco tax revenues and had only spent 15% of it's funds.
"It was clear from the beginning that Proposition 10 was deeply flawed because it put billions of dollars of spending authority in the hands of people who were not elected." said Larry McCarthy, President of the California Taxpayers' Association. This situation is viewed as "significant" because it involves billions of dollars generated by a ballot measure spearheaded by a popular Hollywood celebrity...Rob Reiner, one of the founders of Castle Rock.
The big question is who else benefited from these billions of dollars?
Source: Click Here
Additional Information:
A couple of curious emails between John Podesta and Shangri-la Entertainment.https://wikileaks.org/podesta-emails/emailid/18748