Millionaires

rise and fall from grace of the favorite plane of celebrities and millionaires

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Two decades ago, a plane that broke new ground and was capable of transporting passengers from one continent to another at supersonic speeds stopped flying. An iconic aerial vehicle whose aerodynamic design, characterized by its tilting nose, slim profile and wings in the shape of ogival deltanever went unnoticed at the airports where it operated. We are talking about Concorde, the result of a Franco-British project that aspired to substantially change commercial flights. The future seemed to be supersonic, so powers like the United States and the Soviet Union rushed to launch their own alternatives to this, the Boeing 2707 and Tu-144respectively, although they never managed to match it. Concorde, an unforgettable plane The Concorde was not a perfect aircraft. In fact, everything that distinguished him from others was precisely what ended up mortgaging his future. I could fly from London to New York In approximately three and a half hours, it flew so high that passengers could see the curvature of the Earth while They enjoyed gourmet meals on fine china and drank champagne. Unlike the Soviet proposal, which had an extremely noisy cabin, the Concorde moved at speeds of Mach 2 (2,469.6 kilometers per hour) with surprising serenity. The idea was not only to get from one point to another quickly, but to do so with the greatest amount of comfort and luxury. Traveling on the Concorde was synonymous with status and glamour. It was the favorite plane of businessmen and celebrities. What some called the unofficial Match 2 club had even been formed, by virtue of its distinctive speed. And it included well-known figures such as Elton John, Paul McCartney, Phil Collins, Rupert Murdoch, Robert Maxwell, Henry Kravis, John Gutfreund and George Soros, among many others. Queen Elizabeth II and Prince Philip of Edinburgh in a Concorde To move through the air, this technological prodigy of titanium and aluminum It was supported by four Olympus 593 engines, two in each of the wings. This 2-shaft turbojet-type propulsion system with superheating had a peculiar intake system with air intake at the front and a variable geometry exhaust nozzle at the rear. Throughout its life cycle, Concorde was operated by only two companies. We are talking about British Airways and Air Francetwo actors that began offering regular flights starting in 1976. However, the manufacturer received dozens of orders from other airline companies, which for various reasons never operated one of these aircraft as owners. Redesigned Concorde interior As we say, the Concorde’s differential qualities were also its condemnation. The price of the tickets was extremely expensive. Take a round trip transatlantic flight It cost about $7,500. (14,000 dollars today). Despite its popularity, this reality often meant that airlines were unable to fill the plane’s capacity. a burning machine Furthermore, the aircraft’s propulsion system consumed an average of more than 20,000 liters of fuel per hourwhich translated into a huge economic and environmental impact. For comparison, a typical flight of a much larger and heavier airplane like the Boeing 747, which did not reach supersonic speeds, It could consume about 13,000 liters of fuel per hour. Exterior view of Concorde in flight Another challenge that the Aérospatiale and BAC project suffered was the sonic boom. Due to the noise pollution of this “boom”, airlines had to redesign their routes and reach sonic speeds only over the ocean. The United States, for example, prohibited supersonic aircraft from passing through populated areas, something that could change with NASA’s X-59. Concorde cabin An accident that occurred in July 2000 also damaged the continuity of the Concorde. One of these planes crashed at Charles de Gaulle airport in France. shortly after takeoff. As a result of the aforementioned episode, all passengers and crew members died and British Airways and Air France grounded their planes during the investigation. Interest in supersonic flights faded as the operation and maintenance costs of this type of aircraft grew and, in a way, became a heavy economic obstacle for companies. The end for Concorde came on October 24, 2003, when he made his last flight. Since then there has not been another commercial supersonic aircraft. Images| British Airways | Eduard Marmet | Dmitry Avdeev | Christian Kate | Jerry Wilson In Xataka | Airbus is preparing a wing capable of transforming in the air: the first flight will be in 2026 and aims for its next great plane

In a town of 2,000 inhabitants on the edge of Ourense something strange happens every summer: it is filled with millionaires

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Neither Puerto Banusnor the resorts Caribbean, nor the coast of Malta, nor the exclusive Palm Islands from Dubai. When the Mexican billionaire Carlos Slim Helú It’s your turn to plan your summer vacation, one of the destinations that is always on your calendar is Planea hidden town in rural Ourense. And he’s not the only one. In the summer, magnates such as Amancio Ortega or Olegario Vázquez Grañasenior managers of El Corte Inglés and Abanca or even the cardinal of Mexico City, Norberto Riverawho came to considered papal. On its streets it is also not unusual to find a Rolls-Royce or Bentley. And all in a municipality that does not reach 2,000 neighbors. Welcome to Avion Seen on the map, Avión does not attract particular attention. The town is located in the Ribeiro regionbetween the Faro and Suído mountains, in the province of Ourense. In summer it is common for maximum temperatures go over 35º and to enjoy the beaches of the Rías Baixas you need to get in the car, take the highway and travel a good handful of kilometers. Its statistical data does not stand out on the Galician map either. The demographic winter has not passed Avión by, which over the years has seen how his census was deflating until you stay in less than 1,800 inhabitants. The percentage of population under 20 years of age in the municipality is only 5.66% and its aging rate far exceeds that of the rest of the region. As far as economy is concerned, Macro data recorded In 2021, an average gross income of 16,410 euros, below the capital of the province, which was close to 26,800. And yet, for years it has not been strange to find great magnates spending the summer in Avión. And no, the term “great magnates” is not a figure of speech nor is it an exaggeration. newspapers like Vigo Lighthouse either The Voice of Galicia They usually cover in detail how the Augusts go by in the town of Ourense, so we manage a fairly long and detailed list of businessmen, senior managers and authorities who have been seen in its streets and bars. Of all, perhaps the most striking is Carlos Slima Mexican billionaire with Lebanese roots who sneaks in often in the TOP 10 of the wealthiest people in the world. Forbes estimates that together with his family he has a fortune of about 85.7 billion of dollars. He is not the only fan of Avión, a regular destination for Vazquez Grañaone of the richest men in Mexico. Through its streets has also been seen to the founder of Inditex, Amancio Ortegaclosely linked to Galicia and which also stands out as one of the fortunes more overwhelming of the planet. Are they the only ones? No. The Galician press leaves a good list of personalities who at some point have paraded through the streets of the town of Ourense. The list is long. And curious. Vigo Lighthouse explains how in August 2014, coinciding with the celebration of the local festival (San Roque) and the anniversary of Olegario Graña’s wife, one could see in Avión a Miguel Rinconknown as “the king of paper” in Mexico by the Bio Pappel firm; the captain Alberto Abedfrom FlyMex; Isidoro Alvarezformer president of El Corte Inglés; or the cardinal Norberto Riveraa powerful prelate who entered the pools to Pope in 2005. Carlos Slim, orange tie, in the center. (Commons) The most curious thing about Slim or Vázquez Graña’s summer vacations in Avión is that the tycoons do not seclude themselves in mansions to enjoy the isolation and move discreetly from their heliports. Not at all. They use their Rolls-Royce and BentleyTrue, but they are also seen in the town’s bars to sit at the table to eat seafood or play a game of dominoes. And no, again that’s not a figure of speech. In August 2013 could be seen Carlos Slim, Vázquez Raña, Rincón and the notary Daniel Goñi playing with the black and white chips on the rubber of the Moncho bar. The print was repeated a year later and in 2017 The Country I recaptured a similar quote at the O Luar bar. Of course, there is no lack either food and music. The town even celebrates a mexican partywith mariachis included. But… Why Plane? That’s the big question. Slim lands with his private jet at the Peinador airport, in Vigo, and travels to the small town of Ourense. Why there and not to some paradisiacal destination or some secluded beach in his native Mexico or Lebanon, from where were originally your parents? The key is in the history of Avión, to be more precise in its very strong ties with emigration: during the 20th century, not a few of its neighbors were forced to pack their bags, get on a transatlantic liner and cross the ocean to find a life in Latin America. Some did well, quite well. And they or now their descendants they keep the link with the town. The case more paradigmatic and that largely explains Carlos Slim’s time at Avión is that of Vázquez Raña. “Our parents left here when I was little. As in many towns in Galicia, there was no future. The mosquitoes ate us. And on the unpaved roads our feet sank in animal excrement,” relates to Vigo Lighthouse Ricardo Hermida, a hotelier who emigrated to Mexico. In Avión they not only reconnect with their roots. There, despite the increasingly frequent coming and going of television cameras, reporters and photographers in search of the best snapshot, they enjoy a tranquility and naturalness that is difficult to achieve in other destinations. “In Mexico I move around in an armored car with six bodyguards; in Avión I am free, otherwise I wouldn’t come here,” admits Vázquez Graña. The expression “the Airplane method” is not ours, but Alberto Dacasaa Mexican businessman with Galician roots and a regular summer resident in the town of Ourense. Last year he released a … Read more

It is a keyboard of $ 8,090 for millionaires

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The obsession with the perfection of Ryan Norbauer, industrial engineer and entrepreneur of aesthetics Star Trek retrofuturistled him to the creation of the Seneca First Editiona mechanical keyboard that has revolutionized the PERIPHERIC WORLD for its quality, exclusivity and ultra-premium price. Each unit integrates 682 mechanized pieces, all designed and verified individually with three -dimensional CT scanners to ensure extreme tolerances and a quality standard never seen on other keyboards. Another thing that has never been seen on a mechanical keyboard is its price: $ 3,600 for its most “simple” version and 8,090 dollars for the most complete With wood elevator. It seems from the past, but it is from the future While industrial keyboards are produced by mass and in automated assembly chains, the Seneca is practically assembled by hand: experts dedicate one or two days to mount each specimen, reviewing each component to achieve maximum acoustic and tactile refinement. This obsessive approach generates exclusive components developed by Norbauer, such as elastomeric capacitive switches, a chrome brass plate and sophisticated materials such as aluminum with ceramic finish and titanium without coating for the Veracity Titanium model. In addition, the keycaps are manufactured in Germany by GMK in double PBT injection and the keyboard adopts a retrofuturist aesthetic inspired by the series of Science fiction of the 80s and in the classic American vision of technology that appeared Star Trek. The Seneca is available in four chassis finishes: three in aluminum covered by ceramic oxidation (oxide Gray, Travertine and Heatshield), plus an exclusive titanium model, all with a matte design resistant to footprints and scratches. Unlike current mechanical keyboards, it does not include modern functions such as RGB, wireless connection, multimedia or numerical PAD keys. To adjust the writing angle, you have to acquire separately a mechanized Kiaat wood with CNC, which raises the keyboard and tilts it 3. This accessory adds additional dollars to the final invoice. This level of sophistication and rarity distinguishes it radically compared to traditional peripherals produced in series, making it a rare piece of collector. THE BIRKIN OF THE KEYBOARDS The Seneca First Edition not only stands out for its engineering, but for its business model inspired by Hermès Birkin bags. Like the iconic French manufacturer’s bagthe shortage of units is deliberate: Norbauer limits its production, establishes waiting lists of six to nine months and demands a non -refundable deposit of 10% to enter the tail. The result is a luxury and exclusivity aura that increases its value and market tension. “It is probably the most irrationally over -designed keyboard in the world,” said Ryan Norbauer during An interview With the Adam Savage television, thus reflecting the almost obsessive philosophy for the detail of this product. The price part of $ 3,600 In aluminum versions, and reaches 8,090 dollars for the Veracity Titanium model with wood support. Simply having the opportunity to acquire it has become a symbol of status between engineers and collectors of Silicon Valley, an evident parallelism with Hermès’s strategy, with a minority supply, growing demand and prices in permanent promotion. In Xataka | I have gone to mechanical keyboards and there is no turning back: now I understand your enthusiasts Image | Ryan Norbauer

There are turbulence in the world economy and the great Asian millionaires are clear where to put their money: in Bitcoin

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The wallets of the great Asian heritage are changing, and do so at a dizzying pace. Far from the caution of previous years, the richest families in Asia or ‘Family Office‘They are adopting cryptocurrencies Not as an eccentricity, but as a fundamental pillar of its investments. Promoted by a bull market, a generalized adoption and, above all, by New favorable regulationsAsian money flows to digital assets, marking a before and after in the perception of the sector. A moment of Bitcoin as never seen before. This renewed Asian interest coincides with a sweet moment for the market: Bitcoin has spray records this month. So much that has overcome The $ 124,000 barrier. Of ‘try’ to be ‘essential’. Until recently, the strategy of wealthy Asian investors was to allocate a small portion of their wealth to cryptocurrencies, almost like an anecdote of their balances. Today, The mentality has taken a 180 -degree turn. The Director of Investments of Digital Revo Family Office It indicates that last year these families or ‘Family Officers’ began to tote the terrain of cryptocurrencies. But it has not been until now when they wanted to have a token directly. This change translates into an unprecedented demand. Heritage managers claim to receive a growing number of consultations, cryptocurrency exchanges They see their negotiation volumes shoot and the specialized funds in cryptoactive are booming, as reported by Reuters. New funds of crypts that triumph. A clear example is that of Nextgen Digital Venture. Its founder, Jason Huang, launched A new crypto-action background In Singapore at the end of May and success was immediate. He points out that they raised “100 million dollars in just a few months.” And the result has been very good, since this first fund closed 2024 with a 375% profitability in just two years. Points to the following: Our investors – mainly family and entrepreneurs of the Internet/Fintech – recognize the growing role of digital assets in diversified portfolios. A trend that goes to the future. Precisely, the Swiss Investment Bank UBS Corroborate this trend To Reuters, pointing out that some family officers of great Chinese fortunes plan to increase their exposure to cryptocurrencies to reach about 5% of their portfolios. Regulation is the key piece that drives trust. Specifically, two recent laws have been very significant. The first one is the Hong Kong Stablecoins Lawwhich was approved in May 2025 and establishes a complete regulatory framework. It forces any stablcoins issuer referenced to the Hong Kong dollar to obtain a license from the Monetary Authority of Hong Kong and to meet strict requirements, such as a disbursed share capital of at least 3.2 million dollars. Something that has given stability and security to investors. The US law genius act Signed by Donald Trump in June also has part of responsibility. And it is that it establishes license and supervision requirements for the emitters of Stablecoins, which requires that they are 100% backed by liquid reserves such as effective or treasure bonds and reinforces consumer protection. Something that has also given a lot of confidence to the market. More sophisticated strategies and bitcoin as refuge. Investors are no longer limited to buying and waiting for results. Some managers such as Lighthouse Canton point out that the most advanced family officers They have begun to adopt neutral market strategiessuch as the ‘Basis Trade’ and arbitration. All to improve their yields. In addition, in a context of macroeconomic uncertainty, Bitcoin is consolidating as a “portfolio diversifier.” Giselle Lai, associate director of investments in digital assets at Fidelity International, explains that investors use it more and more to cover the risks, given their low correlation with traditional shares and bonds. The numbers do not lie. Hashkey Exhange, one of the license platforms in Hong Kong, has seen how their number of customers has shot 85% year -on -year. The same happens in South Korea, where the three main exchanges have registered a 17% growth in their total negotiation volumes so far from 2025 compared to the same 2024 period according to Reuters. Behind cryptocurrencies there are many stories. Apart from being a big business, over the last months we have seen failures such as Terrausd collapse or its prominence in The next East Wars. But there are also many surprises, such as The revaluation of 80,000 bitcoins at 17,000,000% or the Lord that He lost to his misfortune a hard drive With great economic value in Bitcoins. Images | Traxer Christian Joudrey In Xataka | Another cryptocurrency guru has just fallen in the US: he founded a promising platform and ended up washed 500 million

Younger millionaires have found a more profitable investment than the S&P500: Pokémon’s letters

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Some years ago, YouTuber Logan Paul hit the nail With a formula for financial success: nostalgia + business = the new art. Take an element of your childhood, add a collecting component and the Business is assured. Ask Nintendo with their Pokémon cards. More and more young millionaires are betting on Pokémon cards as a form of investment away from the whims of bags and values that, to date They were considered refuge. It is a trend that we already saw with the Hermès bagsand now he is also emerging with the letters Pokémon collectibles. The power of nostalgia. The attractiveness of these letters not only lies in nostalgia, but also in their ability to generate benefits that exceed those of large stock market rates. Pokémon card fever is sweeping and leaving record figures in its path, such and As publishes Fortune. Collectible articles have always been likely to achieve surprising quotes, especially when they evoke memories of childhood. Pokémon’s letters, which are already approaching their thirtieth anniversary, have conquered young investors looking for more than investing in traditional actions. According to Cardder data, collectible card assessment portal published by Fortunethe annual average profitability of Pokémon letters is increasing almost 46%, exceeding the profitability of very powerful actions such as Nvidia or the average annual profitability of the S&P 500 stock market index, which is 12%. A consolidated and booming market. Since its launch in 1999, They have been manufactured more than 75,000 million pokémon cards. After a first decade of settlement, the market began to value these cards as authentic collectible assets, comparable to classic comics. According to Cardder data, the Japanese animation series cards have been revalued at 3,261% in the last 20 years. Only during the pandemic, the boredom of collectors caused the profitability of the letters to increase by 500%, as published by what was published by Business Insider. AND, according to The AthleticPokémon and Magic letters would have displaced part of the business of collectible sports cards. Almost three decades later, this business model continues to generate about 1,000 million dollars a year. Shortage increases the price. The success of Pokémon letters has generated unusual situations in retail trade. Great chains like Walmart and Target were forced toimitate the number of units By user due to high demand and violent incidents related to the purchase of cards. Pokémon’s letters have reached be the objective of theftwith thieves sneaking in stores and floors in the purest mission style impossible to get a booty of letters valued at several thousand dollars. The last one, without going any further, happened on July 12 at a Massachusetts store, where A thief took pokémon letters valued at $ 100,000. Celebrities and the attractiveness of investment. The fever for investment in Pokémon cards between millennials and the Z generation has grown even more thanks to the interest of celebrities Like elrubius either Justin Bieberwho have paid thousands of dollars for some of them. Famous youtubers such as Logan Paul have brought this passion to the extreme. In 2022, Paul He got the Guinness record When buying the most expensive Pokémon letter in history, for which paid 5.27 million dollars. “This card cost me more than my ranch. My 84 acres ranch,” Paul said. Capital and organized crime The value of Pokémon letters has reached such magnitude that even organized crime groups in Japan have used them To bleach capitalssimilar to what happens with works of art. The ease of transporting and selling these letters abroad makes them an attractive instrument for illegal activities, confirming that the phenomenon of Pokémon cards transcends Simple collecting And it has become A financial asset With global impact. In Xataka | Millionaires found in the luxury watches a refuge value. Now the bubble has exploded Image | Wikimedia Commons (Romer Jed Medina), Unspash (Omid Armin)

An influencer wanted to sunbathe in bikini in Dubai. Her husband did the most logical among millionaires, buy an island

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With the heat that We are suffering in Spain, And with the holidays around the cornermore than one sure you want to lie on the beach To sunbathe and do What is most fancy in summer: nothing. However, if you are a woman and live in Dubai, that is a slightly more restricted activity … unless your husband is a millionaire and can buy you an island For you alone. Jamal al Nadak, a magnate of the Arab Emirates, has taken this concept to the next level when bought a private island just so that his wife can sunbathe in a bikini without worrying about other people’s looks. An island only for her Soudi al Nadak26, it is a British influencer that resides in Dubai and has conquered more than 431,000 followers on Instagram and 1.3 million in Tiktok, with a publication that accumulates more than 1.8 million views. In That publicationthe influencer included a video in which he saw her traveling by plane and arriving at a Paradisiaca Isla de Arenas Blancasleafy vegetation and crystalline waters to which he added a phrase: “Pov: you wanted to use a bikini, so your millionaire husband bought you an island.” Although it is defined as “full -time housewife”, the reality is that its day to day is surrounded by luxuries and attentions, while his house is attended by an army of employees. That allows you to dedicate yourself to your image and social networks. “My only rule in life is to always be pretty,” he laughs in one of his videos, while showing exclusive purchases in London or dinners in the most expensive restaurants in Dubai. The idea of ​​buying the island arose when Soudi told her husband her desire to, as a good British, sunbatsomething that Jamal, Muslim practitioner, did not approve in public. However, he decided to look for the most millionaire solution possible: to acquire a private island so that his wife could enjoy the sun with total freedom and privacy. The price of the island amounted to 50 million dollarsa figure that for many is unattainable, but that in the context of Dubai can be seen as One more investment. Touch the image to go to the original message Living in Dubai, the most logical thing would have been to think that the chosen island would be one of the many Artificial islands that are abandoned in the surroundings the city. However, again, the most millionaire solution emerges. The island in question is at some indeterminate point of Asia. Throughout the video, the influencer made sure to keep its exact location for privacy reasons. This detail is not less: the couple seeks to enjoy their fortune without restrictions and Far from the traditional rules of Dubai, where bikini exposure can be a reason for controversy. Beyond that, the influencer counted in the comments that the couple considered the island as A real estate investment More than a while considering. “It was something we were looking for for some time as an investment and my husband wants me to feel safe on a beach, that’s why he bought a,”collected ABC. The new Dubai the old customs Although Dubai is a emirate recognized for his Modernity and Opening to Tourismit continues to maintain many traditional customs. It is allowed to bathe in bikini on the beach, provided be done with discretion and cover once out of the water. This rule is more tolerant of tourists, but socially it is not well seen that local women do it, especially if they are Muslim. For that reason, the influencer made that peculiar request. In Xataka | Larry Page wants to get lost on an island, but it is not decided which. So you bought five Image | SoudiofarabiaPexels (Shukhrat Umarov), Unspash (Andrew Bui)

This is how the ‘Paypal Mafia’ became the largest quarry of Tech millionaires in our era. That and much more in 1×13 crossover

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Elon Musk was already obsessed with the letter X a long time ago. Her particular fixation with her has a lot to do with nostalgia And with a 1999 waitressbut the truth is that this letter was already the germ of something very big. In fact, in March 1999 We had a first version of X.com. It was very different, and Musk’s goal was not to change Twitter’s name – which did not exist at that time – but to create a financial startup. The funny thing is that the offices of X.com were glued to those of Confinity, the company co -founded by Peter Thiel with a similar objective. After a while competing, both decided that it was best to join forces, and from that alliance PayPal was born. That at first he did not curb, but that he ended up doing it with some “thugs” techniques and with the work of one of the teams with the greatest talent in history. Those boys, yes, soon realized that they wanted to be their own bosses. When Ebay bought PayPal in 2002the mission, leadership and objectives no longer convinced those engineers. So they decided to ride it on their own. AND This is how the famous “Paypal Mafia” was borna group of entrepreneurs who fled from PayPal with counting and sound money and who used it to found their own projects. Thiel set up his Founders Fund and Palantir, Elon Musk launched Tesla or Spacex, and other employees ended up joining each other or founding their own mega projects: YouTube, LinkedIn or Yelp are among them. The conclusion: Paypal was the germ of an entire Internet revolutionbecause these services began to change our conception of the network of networks. That is the central theme of Crossover 1×13an episode that is always led by Jaume Lahoz and Carlos Santa Engracia and that brings a few fun sections. We have images generated by the converted into videos and “plausible technological lies” that will surely generate debate. We hope you enjoy it! On YouTube | Crossover

A bank convinced the people of a poor town in the US to spend their savings. Now it’s full of millionaires

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Stories of Lucky blows and Millionaires There are manybut they almost always have a common denominator: We speak in singular. Therefore, what happened in a small town in Florida whose families were going through serious difficulties to get ahead is so special. Even today, the enclave continues to look like a bland and inhospitable town. But do not deceive you, there is still a large number of millionaires among people. And all Thanks to Coca-Cola. Quincy and the banker. This is the name of the people of one of the most fascinating stories of the United States economy. There, in the midst of the great depression of the 20s and 30s and with part of the census in serious difficulties, a figure appears that was going to change everyone’s life. His name: Pat munroea cunning banker, a businessman who noticed a key detail to convince all citizens. It didn’t matter how impoverished they were in Quincy or how serious the financial situation of families was, the man observed that almost religiously, people spent until the last penny in a good glass of icy coca-cool. What if that devotion made it a blow of luck? Coca-Cola in the stock market. The sugary giant began to quote in stock market in 1919 to $ 40 the actionbut a conflict with the sugar industry and its bottlers caused a 50% drop soon, when it reached 19 dollars per share. In other words, there was a time in the story in which Coca-Cola quoted for less than the cash in the bank and its actions were extremely cheap. And among others, Munroe was at the right time. The bargain of the century. What did he do? Invest. The man He began acquiring Coca-Cola actions As if there were no tomorrow. However, he did not do it alone. He encouraged all his acquaintances and friends of acquaintances in the town to buy a participation in the company. Focusing on the final profits and the power of the brand, Pat Munroe continued and continued buying. And while doing it, he kept telling everyone who were willing to listen to him in Quincy who also bought. He took advantage of the confidence and respect that the community had towards him and undertook a crusade to get anyone who could go up to the Coca-Cola train. Loans for shares. The man was so sure of his success that every time a person went to his bank to ask for a loan, I encouraged him to accept another in exchange for actions. Farmers, shopkeepers, teachers: absolutely anyone who could spend money was tempted by Munroe. For the banker, that Coca-Cola’s action was at $ 19 each was an opportunity that no one in the city should escape. That is why he did not get tired of buying and, almost equally important, to stand firm in the decision regardless of the market fluctuations that occurred in the short term. The ball. Finally, the banker’s observations were a historical success. Quincy, an eminently agricultural city, not only remained afloat in difficult times thanks to Coca-Cola dividends, brought a wealth that is still studied in universities. In fact, the enclave became the richest city per capita in the United States for a while, and dozens of its inhabitants were nicknamed “the millionaire secrets of Coca-Cola”. People who trusted the good eye of Munroe and invested all their money (and the one they did not have), and who kneaded huge fortunes with those first actions, which then transmitted from generation to generation, making them the millionaire eponyms of Coca-Cola, some who, effectively, established whole dynasties of financial prosperity that transcended generations. How much we are talking. It is difficult to speak in total terms, but for us to get an idea of ​​money, in 2013 it was made An assessment study of what happened in Quincy. The results found that a single action with reinvested dividends were worth 10,000,000 dollars. $ 270,000 in cash dividends would be sent before taxes to the owner by sending a check worth $ 67,500 in March, June, September and November of each year. In this way, if the great -grandmother and great -grandfather on duty had acquired a round lot of 100 shares for between $ 1,900 and $ 4,000, depending on the purchase price, they would now have more than one billion dollars, excluding the effects of taxes on assets. Money for crisis. That investment has meant a lifeguard every time a hard time is approaching. When the local economy was supported by coca and the crisis arrived, tail dividends. In fact, these assets have supported the city in all recessions since then. When the crops failed, it was the money of the Coca-Cola that kept the people used. When the national economy collapsed, it was Coca-Cola’s cash that allowed people to remain in their homes. When the times were good and Coca-Cola was cheap, they bought more actions. Quincy today. It is a unique story, by unusual. All families that kneaded a fortune then passed it to their children and grandchildren, in some cases through direct donations and in others through the use of fiduciary funds. Even the bank where everything started has a Coca-Cola on exhibition And, until a few years ago, an amazing 65% of the fiduciary assets under administration were still invested in Coca-Cola shares. Quincy’s appearance today does not differ much from the era of great depression. It is still a quiet and eminently agricultural city with a population of less than 10,000 inhabitants. But do not fool your sight, some of the grandchildren whose families raised an empire, that of the secret millionaires of Coca-Cola. Image | Pxhere, Ebyabe, Pxhere In Xataka | The 100,000 million club: the exclusive group of 14 millionaires that has doubled its members in 2024 In Xataka | There are rich and ultra -ups: countries with more millionaires, centimillionaires and milmonarios of the world counted in a graphic *An earlier version of this article … Read more

Someone wants to convert an ancient communist fort in the middle of the Adriatic into a resort for millionaires: the Trump family

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In the heart of the Mediterranean, a Albanian island that was closed to the world for decades by its military past, is about to transform into one of the destinations more exclusive on the planet. The Trump family, through Ivanka Trump and Jared Kushner, has bought Sazan, a small island of just over 5.7 square kilometers in front of the coast of Albania and its intention is to turn it into A luxury shelter Only suitable for millionaires. The operation, valued at more than one billion euros, has caught international attention not only for the magnitude of the investment, but for the symbolism that An ancient communist fort become the new whim of 1% richer of the world population. A past of bunkers and communist paranoia In 2021, Ivanka Trump and Jared Kushner ran into Sazan during a yacht holiday for the Gulf of Vallea, just 30 kilometers from the city of Vlora in Albania. As the millionaire counted in the podcast De Lex Fridman, both were fascinated by the island’s sunrises and for their intact landscape covered with ferns, lavender, broom and laurel. That is why the couple decided to bet strongly on this corner Virgen del Mediterraneo. Shortly after, they closed the purchase of those 567 hectares uninhabited for just over one billion euros. However, Sazan was not always the uninhabited paradise that is today. Such and as they counted in The Guardianduring The communist regime of Inver Hoxha, that governed Albania Between 1944 and 1985, the island was a Strategic military enclave isolated from the continent and inhabited by about 150 military families. The Albanian ruler lived obsessed with the idea of ​​an imperialist invasion of its territory, so it ordered to pierce the entrails of the island with about 16 kilometers of tunnels and build around 3,600 concrete bunkers, which still splashed the landscape as scars of that time. The military and their families lived virtually incommunicado, surrounded by fortifications and underground supplies and always vigilant views waiting for some enemy submarine to emerge with bad intentions. The island It was used For the Italian Finanza Guard in the 1990s to combat drug trafficking and people, and it was not until December 2024 when he officially left be a military base. The importance of being called Trump The Trump family project would not have been possible without the determined support of the Tirana government. According to Posted by La Prensa Albansa, Prime Minister Edi Rama has publicly defended the initiative as a strategic opportunity for the country. “We cannot allow ourselves not to take advantage of a gift. Albania needs luxury tourism as the desert needs water,” Rama said, underlining the importance of attracting international investments and positioning Albania as high -level tourist destination. The Government has granted Affinity Partners, managed by Donald Trump’s son -in luxury shelter Reserved for Millionaires. This status implies tax advantages, support in public infrastructure and an accelerated processing of permits and regulations. The project provides for the creation of about 1,000 direct jobs, a relevant figure for the local economy in which, According to data of the ‘World Tourism Barometer‘From 2024, Albania earns greater importance as a holiday destination. As They point from Bloomberg, it is not strange that the Trump family has obtained green light for this project right now that the patriarch of the clan occupies the oval office of the White House. Luxury, exclusivity and environmental controversy The project ‘Sazan Island Touristic Resort‘promises to transform the island into a private paradise, with Villas embedded in the cliffsfive -star hotels backed by the prestigious chain Aman, and a coast reserved only for the activities of the most exclusive guests. The design is designed to attract a clientele willing to pay fortunes for privacy and personalized services. According to the Plans presentedin the first phase only 45 of the 567 hectares will be urbanized, maintaining the rest of the island and its hiking trails as a protected environment. The first project designs show a constructed villas complex respecting the steep orography of the island, and integrating them into the environment so that the landscape and local flora are altered as little as possible. However, since it is a protected natural enclave, the project is not exempt from controversy. Environmental groups have raised the voice Against the transformation of Sazanarguing that “the island is a natural enclave that must be preserved” and warning of the ecological impact that the massive arrival of yachts and tourists of high purchasing power will have. “This area is in the Karaburun-Sazan Maritime Park. This means that beaches and waters within a radius of the coast are protected. What consequences will great public works, the construction of docks, yacht traffic and wastewater discharge in this place? ” Olsi NikaMarina Biologist and director of the NGO Ecoalbania to The Guardian. In addition, before the Ishulli I Trumpëve (Trump Island), as the locals already call it, can open its doors, it will be necessary The invasion would arrive aboard huge supereyates and armed with huge bundles of tickets in the pockets. In Xataka | Albania wants to found a new independent microstate in its capital: a Muslim Vatican that allows alcohol Image | Genesis Studio

Some millionaires decorate their mansions with works of art. Others hang a pagani zonda r evolution as if it were a picture

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There are different examples that illustrate that Having money is not always linked to have good taste for the decoration. There is nothing more than See the attic of the Trump tower where the current tenant of the White House lived. Excentricities apart, the most common is that the millionaires decorate the walls of their mansions and luxury floors With works of art of incalculable value. However, not all these works of art have left the brushes of consecrated artists. In this case, the work of art that have “hung from the wall” is a Pagani Zonda R Evolution of limited edition valued of more than 2.2 million of dollars. Passion for pagani and speed The Argentine expiloto Pablo Pérez Companc is known, in addition to his sports career, for his fondness for supercar. That hobby has led him to gather an important cars collection high -end. Pérez did not settle for park your cars in the garage or expose them in showcases. According to The published by ADPérez decided that his Pagani Zonda R Evolution, an authentic jewel of engineering, had to take a privileged place in the living room of his 300 square meter apartment In Miami valued at about eight million dollars. Beyond being a whole purchasing power displayhaving a zonda exposed on the wall of your salon is a declaration of love for motoring, taken to the extreme of converting a supercar In a work of art contemporary. The Pagani Zonda R Evolution: A masterpiece of engineering The Pagani Zonda R Evolution, also known as Revolution, is a high performance supercar designed for circuits, but with such a spectacular aesthetic that could well be considered a work of art. Pietro Martelletti. Courtesy of RM Sotherby’s Equipped with a 6.0 -liter V12 engine developed by Mercedes AMG, this car is able to deliver the impressive 800 hp figure. The body is manufactured in carbon fiber and titanium, which allows you to reduce your weight to only 1,070 kilos. To put it in perspective, this supercar that measures 4.40 meters long, weighs less than conventional tourism. Its exclusivity is such that only 15 units of this Zonda R have been manufactured, which makes it a piece coveted by collectors. In addition, this is the only unit that is prepared to be hung in a living room. In its manufacture and design, Horacio Pagani himself participated. A car hanging in the living room: the Dark Minion project The Expilet has the habit of baptizing all its cars with unique and personal names. The unit chosen for this project was called “Dark Minion” and was specially modified to be installed on the wall of its living room. Touch the photo to go to the original message Such and as they detail in Robb ReportPagani withdrew the engine and modified several elements to reduce its weight to 360 kilos, but maintaining the appearance and original car design. “Many hours of coordination were needed between our local engineers, the Italian engineers of Pagani and the experts of the construction department to carry out the complexity of this project. There are no precedents in the US of a work of this size,” said Carina Radonich, co -director of Finish My Condo, Design Study Project manager. To support the weight of the body, a special aluminum and carbon fiber column was designed that allows the car “floats” over the room. In addition, the entire Pagani team that participated in the transformation signed the rear wing, turning this unit into an absolutely unique piece. “There is no other zonda in the world,” Pérez said proudly. The difficulties were not limited to their design and modification. Now it was necessary to raise it 27 meters high even in its definitive location. Installing a car of these dimensions and features inside an apartment is not a simple task. To achieve this, it was necessary to gather a team of 25 people, among which they were also Horacio Pagani. The operation required a millimeter planning and the use of specialized machinery to introduce the Zonda R Evolution for the large window of the terrace. “There was an overwhelming moment of silence when they raised the car,” Radonich remembered. Finally, the car was installed in its final location, serving as an original separation between the room and the bedroom of the apartment. A separation of 2.2 million dollars. In Xataka | A millionaire wanted to decorate his living room with an impressive rolls-Royce Ghost. Living on a 44 floor did not seem to import him Image | ZONDA, RM Sotherby’s

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