Millionaires

one with the supercars of Saudi millionaires parked badly

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One of the most important tasks of the traffic police of any big city. Cars in double rows, speeding, parking in wrong places, etc. However, as how they collect British media, this task has intensified especially in the wealthiest area of ​​London, where the great Saudi sheikhs and magnates notice the insignificant amount of a parking fine, less than the tip they leave for the waiter who parks their car. In this context, the recent scene of a Saudi Rolls-Royce raised on a crane and that of a convoy of hypercars blocking the sidewalk in front of a luxury hotel summarizes well the fight that is being fought between the Westminster authorities and an elite that uses the street almost as a private garage. London and the problem of Saudi supercars In the Mayfair neighborhood, near the former US embassy, ​​Westminster City Council has begun to act more harshly against luxury cars parked directly on the sidewalk next to The Chancery Rosewood five-star hotel. “The vehicles are registered abroad (the ones we photographed have Saudi registration plates), so the chances of recovering the costs are practically nil. The owners of the vehicles, which include Rolls Royces and Lamborghinis, are so rich that the fines have little effect,” said a spokesperson for Westminster City Council. According to they explained sources from the council to the British The Standardneighbors complained about wealthy guests parking their luxury cars on sidewalks “Pedestrians should not have to face a sea of ​​illegally and selfishly parked supercars when trying to walk through Westminster.” The response of the authorities has gone one step further and instead of continuing to accumulate fines that many millionaires do not even pay, they have chosen to remove the vehicles with a tow truck when they block the path of pedestrians. Source: Westminster City Council Recently, a Saudi Rolls-Royce valued at about $330,000 was removed with a crane and moved a few streets further, a scene that became for a few minutes an unprecedented urban spectacle, while serving as a warning to navigators of those who decide to park their luxury cars in inappropriate places. The hypercar “sandwich” in front of the hotel However, the joy was short-lived for traffic authorities. A few hours after that withdrawal, the sidewalk opposite the one where the Rolls-Royce retreat took place was once again filled with raised mobile phones, this time to photograph a convoy of four very special cars. Two Bugatti Chirons parked in front of the door of the luxury hotel, flanked by a huge Mercedes-AMG G 63 6×6 and a Rolls-Royce Cullinan. Tap on the image to go to the original message The set, which occupied practically the entire pedestrian space, easily raised more than 9 million dollars on the pavement if the base prices of each model are added. The Bugatti Chiron is announced with a starting price of $2.5 million, including no customization, more than doubling its initial price. For his part, the Mercedes‑AMG G63 6×6 It hardly goes below a million dollars in the most exclusive second-hand market and the Rolls-Royce Cullinan starts at around $325,000 in its basic version. Faced with such a display of supercars (and millions of them), the authorities preferred not to move and, this time, the tow truck did not appear. A luxury that goes beyond the car: the “1 V” license plate Beyond the value of the cars, there was a detail that went unnoticed by many pedestrians who could not help but raise their cell phones to capture the unprecedented moment to upload it. to your social networks: the Saudi license plates, and in particular that of the white Bugatti Chiron that was part of that convoy of supercars. Only a number and a letter were read on its plate, “1 V”, an extremely rare format in Saudi Arabia and which is part of a lucrative market for personalized license plates managed by the Saudi General Directorate of Traffic through electronic auctions. As and how he published Gulf Newsin one of those auctions held on the government platform Absher, the “1 V” license plate reached a bid of more than 10 million Saudi riyals, equivalent to approximately 2.3 million euros at the exchange rate, becoming one of the most expensive license plates that have been auctioned. Tap on the image to go to the original message Behind this bid is Yazeed bin Mohammed Al Rajhi who, in addition to being businessman and rally championis the son of Sheikh Mohammed Bin Abdulaziz Al-Rajhi, co-founder of Al Rajhi Bankone of the largest Islamic banks in the world. Thus, the cost of that small metal rectangle is close to the price of the car, turning this license plate into a symbol of wealth, luxury and exclusivity almost as powerful as the Bugatti Chiron itself. In Xataka | The richest king in the world: his empire covers 17,000 properties, 38 private jets and a collection of 300 luxury cars Image | Westminster City Council, Bugatti

Millionaires from the US and Mexico invest their fortunes in Spain

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In 2025, the luxury real estate market in Spain he has lived a silent movement but constant. Madrid and Barcelona have become the main destinations for investments of the great fortunes from the US and Mexico, which are buying luxury homes in some of the most exclusive urban areas of the main capitals. The data of the General Council of Notaries confirm a clear increase in foreign buyers in high-value transactions, especially in neighborhoods where the price per square meter already moves above 10,000 euros per square meter. The new buyers. The statistics of the General Council of Notaries show that in 2025 the purchase and sale of luxury homes by foreigners maintains considerable weight in Spain. According what was published According to Idealista, in Madrid, operations carried out by foreigners already represent around a fifth (21%) of sales in prime areas. In Barcelona, ​​this percentage is somewhat higher, especially in districts where luxury housing concentrates a large part of the available supply. Within this group, buyers of American and Mexican nationality stand out for the average amount of the operations, well above the market average. Specific neighborhoods and heart-stopping prices. He interest of these buyers concentrates on very specific enclaves. In the center of Madrid, neighborhoods such as Salamanca, Recoletos, El Viso or certain areas of Chamberí accumulate a good part of the operations carried out by large international fortunes. These are areas where the price per square meter easily exceeds 10,000 euros and where it is common for the price of housing to be above one million euros. In Barcelona, ​​the pattern is similar. Districts such as Sarrià-Sant Gervasi, Pedralbes or Ciutat Vella attract foreign buyers looking for unique, rehabilitated or properties with high heritage value. Why the US and Mexico are looking at Spain. Behind this movement there are several factors that reinforce each other. On the one hand, Spain offers legal stability, property security and a relatively predictable tax framework for large assets. On the other hand, Madrid and Barcelona function as international business hubs well connected to America, with frequent direct flights that keep them connected to Miami, Mexico or New York. In the case of Mexico, the cultural and linguistic link also plays a relevant role, while American buyers especially value the relationship between price, quality of life and services compared to other large European cities. In this way, they use their home in Spain as a way to improve your quality of life or as a gateway to your businesses in Europe. They can pay more, so prices skyrocket. The impact of this international demand can be seen in prices. According to data According to Idealista, the average value of housing in Spain has risen around 7.9% year-on-year in 2025, with Madrid and Barcelona leading the rising prices. In the luxury segment, the pressure is even greater due to the scarcity of properties of this type and its high demand. Although these purchases do not compete directly with affordable housing, they do contribute to reinforcing the dynamic of rising prices in the most sought-after areas. The result is a market in which a crowding out effect occurs in which local rich are displaced to other neighborhoods by wealthier millionaires. In this way, Madrid and Barcelona are consolidated as attractive places for millionaires to have their second residence, especially in a context of international uncertainty. In Xataka | How much money do you need to be among the richest 1% in Spain Image | Unsplash (Eddie Pipocas)

a country with octogenarian millionaires and wealth about to change hands

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Forbes Spain has just published your list of the 100 largest fortunes in Spain in 2025. In total, the largest fortunes in the country add up to 258,870 million euros, which is 7% more than the previous year. Beyond the fact that Amancio Ortega repeats for another year as the greatest fortune in Spain, few changes in the names that form itwith respect to other previous lists. However, there is one fact that draws powerful attention: of that total of 258.87 billion euros, 111.2 billion are in the hands of people over 80 years of age. In other words, 42.96% of the great Spanish wealth is concentrated in the hands of octogenarians. Octogenarian fortunes. Forbes data shows a clear pattern: 28 of the 100 largest assets belong to people over 80 years old who together control more than 111 billion euros. If the range is extended to the 70 to 79 age group, the sum of assets increases by 37.2 billion euros, which raises the total wealth in the hands of those over 70 years of age to 148 billion, close to 57% of the total. Spain is, literally, an economy controlled by septuagenarians and octogenarians. This data contrasts with the reality of other countries. For example, in the United States the average age of billionaires is around 65.7 years, according to the report ‘The Wealth Report 2025′ prepared by Knight Frank. In 2014, this average age was 63.3 years. If we focus on the 400 largest fortunes in the US (Forbes 400), the average age rises to 70 years. An aging country in every sense. The case of great fortunes is only a reflection of a broader pattern. According to data According to Eurostat, the average age in Spain is approximately 45.4 years, which places our country among the oldest in the European Union, whose average was 44.7 years in 2024. This demographic structure is also replicated in the business environment. According to data from ‘Global Entrepreneurship Monitor 2024 Report’the number of entrepreneurs under 35 years of age has decreased by 25% in the last decade, while the average age of IBEX 35 directors and directors exceeds 61.2 years, according to data of the CNMV. Fortunes of the last century. Unlike the United States, where the origin of great fortunes It is linked to technological innovation —Elon Musk with Tesla and SpaceX; Larry Ellison with Oracle; Mark Zuckerberg and Meta or Jeff Bezos with Amazon—the greatest Spanish fortunes come from much more traditional sectors. According to Forbes Spain 2025, the dominant branches are textiles and distribution (Inditex, Mercadona, Tendam), banking and investment (Santander, March, Abelló), infrastructure and construction (Ferrovial, Acciona) and tourism (Meliá, Barceló). In the vast majority of cases, these are businesses founded or consolidated in the 20th century and today managed by the second or third generation. They are not fortunes born from disruptionbut of the continuity of the family business. At the gates of the “Great Transfer of Assets”. The aging of the economic elite in Spain anticipates a generational wealth transfer unprecedented in our country. Taking data from Forbes, the 111.2 billion euros controlled by people over 80 will inevitably pass at the hands of heirs or successors in the coming years. This transfer of wealth that, sooner rather than later, the richest in Spain will face, also has different implications. First of all, they must start succession processes. Something that, in the case of Amancio Ortega, for example, is in the hands of his daughter Marta Ortega which currently runs Inditex, but leaves great unknowns in many other financial empires. Furthermore, this transfer of assets between the heirs of great fortunes will contribute to reducing the concentration of capital in a single person, given that this assets are usually distributed between several heirs. In Xataka | “They don’t need half a billion dollars to live”: Mick Jagger refuses to leave a million-dollar inheritance to his eight children Image | GTRES, Mercadona, Ferrovial

The new alcohol law limits bars from placing beer chairs or umbrellas. And now millionaires fear losses

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We’ve been seeing it all our lives. Bars that fill their terraces with umbrellas, napkin rings, tables, chairs, sideboards and other furniture that promotes beer brands. For decades this advertising support was a boon for business. Now the hospitality industry fears that it will become a poisoned gift. The reason: the new law on alcohol and minors promoted by the Government and which already has the endorsement of the Council of Ministers wants to snip that kind of promotion. The locals calculate that the loss of that advertising support it will cost them millions. Blow to the hospitality industry? That’s what seems to fear the sector as a result of the law promoted by the Government to prevent alcohol consumption among young people. Although the regulation has not yet been finalized, the group is already managing a study which warns that it will seriously affect the finances of bars, restaurants, cafes, pubs and other hospitality establishments in Spain. The reason: the bill of Health seriously restricts any advertising sponsorship related to alcohol. And that is a problem for businesses that have been filling for years with awnings, tables, chairs, ashtrays, umbrellas, napkin holders, refrigerators and furniture in general on which beer brands are advertised. What exactly does the standard say? He billwhich can be consulted in the official Congress bulletin and received in march The Government’s endorsement sets some limits on advertising in the sector. Its article 26 is clear about this: “Any direct, indirect or covert form of commercial communication of alcoholic beverages is prohibited, or of products that imitate or simulate being one, or of non-alcoholic beverages that share their brand and differential features with those of alcoholic beverages, including the commercial name, corporate name, symbols or brands of the people or companies that produce said beverages, as well as their distributors when they are exclusively associated with alcoholic beverages on public roads, or places visible from them.” Does it clarify anything else? Yes. The law differentiates between two types of spaces: the ‘most sensitive’ and the rest, where the advertising restriction will be somewhat more flexible. “However, advertising limited to the trade name, corporate name and identifying brands or symbols of the producing companies may be permitted in a perimeter that is more than 150 linear meters from the access to educational centers that teach early childhood education, basic education, post-compulsory secondary education and elementary artistic education, health centers, social and socio-health services, parks and places for children’s leisure.” How will it be applied? In the statement March in which it reports the approval of the Council of Ministers to the Bill, the Ministry of Health clarifies, however, that it will allow the advertising of fermented drinks with less than 0.5% alcohol. Mónica García’s team also points out that the veto will not be immediate: it will come into force twelve months after the publication of the law in the BOE and will not affect “those situations that already existed before that moment”, which suggests that it will not affect the furniture that already exists. A different thing is when it comes time to renew it. Will it affect the sector that much? It seems so. At least that is what a Comprehensive Economic Analysis (AEI) report indicates. advance by The Economist. The analysis, prepared for the Spanish Hospitality and Brewery associations and which is having a notable impact, ensures that the loss of sponsorships from alcohol brands will be quite expensive for bars and restaurants. To be more precise, AEI estimates that it will cost the sector up to 1.7 billion euros. The estimate is based on two figures: a direct cost of around 600 million euros and a drop in sales of between 1,080 and 1,680 million. He AEI report It doesn’t stay there. It also warns that the measure will affect between 8,000 and 10,200 jobs and will be felt beyond bars and cafes, with a reduction in the contribution to the national GDP that it estimates between 900 and 1,176 million euros. The study also suggests that the money that alcohol manufacturers will stop investing in advertising furniture will probably be directed towards other channels, away from small hoteliers and their businesses. Why this suspicion? Although Health has clarified that the measure would still take time to come into effect and will not affect “existing” facilities, the AEI report points out that its wording leaves little room for doubt: “In practice it implies the removal of logos, signs, chairs, tables, umbrellas or napkin rings with beer brands from thousands of bars and restaurants in the country.” His estimate is completed with another from Hospitality of Spain that gives an idea of ​​the scope of the measure. According to their data, of a total of 130,000 bars and cafes in the country, between 70 and 80% incorporate elements sponsored by breweries. Will it affect everyone equally? “If approved, the new law will practically eliminate all this support, forcing the brand’s advertising to be withdrawn, which will have an estimated cost of 12,000 euros per store,” remark the study. The penalty that could be felt especially strongly in areas of Spain where hoteliers work in smaller markets and with less room for maneuver. The Economist slide that about 20% of the municipalities that now have only one bar (235) could see their doors close. Images | Guillaume Flament (Flickr) and Ccalm Film Festival-María del Mar López Morales (Flickr) In Xataka | From prohibiting purchases to prohibiting consumption: the changes in the recently approved draft reform of the anti-smoking law

Although it may not seem like it, meritocracy does exist in Spain. At least among the millionaires

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In Spain, the idea that millionaires are born rich by inheritance It is changing, or at least that is what the various data and analyzes say. Recent figures show that in Spain the number of millionaires has increased “self-made“, scratching space for those who They have inherited their fortune. However, as in so many aspects, the data can tell different realities. Millionaires in Spain according to UBS and Forbes. The report ‘Billionaire Ambitions Report 2024’ prepared by the Swiss bank UBS, reveals that 44% of billionaires in Spain have created their fortune from their own work or investments. However, this figure contrasts with the published data by Forbeswhich show that about 74% of the big millionaires in Spain are rich thanks to inheritances that they have received from their family, leaving only 26% of those who would have obtained it on their own merits. Rich or very very rich: that’s the difference. So, which data is correct, UBS or Forbes? The short answer is both, because the difference is in the type of millionaire analyzed and the sample size. Forbes focuses only on billionaires (with assets in the billions of euros), while UBS includes highest net worth millionairesbut not necessarily at the global peak. According to the study data According to Charles Schwab, it takes $2.3 million to be considered a rich person. But to be considered a UHNWI (Ultra High Net Worth Individuals) or people with a assets available to invest of more than 30 million dollars. Depending on where that threshold is placed, the percentages also change. Heirs and own fortune. If only those who have more than 30 million dollars to invest (the UHNWIs) are taken into account, the percentage of Spanish millionaires who have inherited their fortune drops to the 14% that UBS indicated. This percentage also coincides with that given by the study by Jonathan Wai and David Lincoln which examines the nature of fortunes around the world. According to the data from this study, in Spain 38.4% of millionaires have received an inheritance and have multiplied that money through investments or their own projects, creating a new fortune from a previous financial base, while 47.5% have managed to build their wealth without receiving a significant inheritance. These figures show that meritocracy among millionaires exists, but adds the nuance that, in many cases, this fortune is the result of a combination between inheritance and effort staff. Don’t call it meritocracy: call it environment. When creating a new fortune Not everything is reduced to inheriting money, but it also depends largely on the social environment and the opportunities offered by birth. in a wealthy family. Having access to contacts, preferred education, and financial support increases the chances of success, even for those considered “self-made.” According to a report According to the Social Observatory of the La Caixa Foundation, it takes four generations to rise from a situation of poverty to the middle class. The report ‘To Have and Have Not – How to Bridge the Gap in Opportunities’ prepared by the OECD, points out that the socioeconomic environment of parents contributes up to 75% to the definition of their children’s opportunities. That is to say, a young person born into a wealthy family has more opportunities and economic support to start projects—which may be a failure, but also a resounding success—that a young man with few resources. That family support must also be taken into consideration when labeling “self-made” fortunes. Although this does not detract from the merit. In Xataka | If the question is how much money do you need to be rich, generation Z is clear: more is needed every year Image | Unsplash (Shane)

The Constitutional Court has frozen 6,700 million of the Wealth Tax. Millionaires will have to wait until 2026

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The Constitutional Court has delayed until 2026 its decision on the legality of the current Wealth Tax, a tax that affects some 200,000 taxpayers in Spain and that in recent years has collected more than 6.7 billion euros, according to advanced The Economist. This delay creates a lot of uncertainty about whether the wealthiest taxpayers They may or may not recover the amounts they have been paying since 2021, when the tax went from temporary to permanent and its maximum rate was raised to 3.5%. History of a controversial tax. He Wealth Tax was created in 1977 and was renovated in 1991 to redefine your goals. During the first government of José Luis Rodríguez Zapatero, its tax was annulled, although the figure of the tax as such was not eliminated, and in 2011 it was temporarily reinstated due to collection needs. Since that date it has been extended annually under the label of “temporary” until in 2021 it became permanent and the maximum rate was raised from 2.5% to 3.5%. As and how he collected Five Days In 2021, this change was questioned by the Popular parliamentary group, which filed an appeal before the Constitutional Court arguing that such structural modifications – in short, a new tax was being firmly created – could not be made through a budget law, according to the article 134.7 of the Constitution. If it is found to be unconstitutional, the Treasury should return everything collected from this tax from 2021 with interest to its taxpayers, a payment that part of an estimate of 6,700 billion euros. The impact on taxpayers. Based on jurisprudence, if the Court declares the tax unconstitutional in its current form, only those taxpayers who have previously requested a rectification of their declarations or initiated a refund procedure will be able to recover payments. The rest would not have the right to recover what was paid because, generally, the sentences do not have retroactive effect, as already happened when the Supreme Court declared the capital gain null and void municipal and the payments had to be returned. Ángel Sánchez, partner of the Golden Partners firm, specialized in real estate taxation assured to The Independent who “The lack of certainty about whether the tax is constitutional or not has a direct impact on the economic decisions of taxpayers. Nobody knows if in a year what is paid today will be able to be claimed.” Given this uncertainty, the expert warns that “only taxpayers who have submitted a rectification request or, where applicable, an administrative claim will be able to recover what they paid. Anyone who has not acted preventively will lose that right.” It’s up in the air, but it’s still valid. Something that is tax experts warning is that, although the Wealth Tax is in question, until justice orders actions, they remain in force. That means that if taxpayers don’t pay While the tax remains in force, they could receive sanctions, surcharges and interest for non-compliance, regardless of what the Constitutional Court rules. Sánchez clarifies that “not declaring constitutes a tax violation. The appropriate strategy is to comply with the obligation and, in parallel, present the claim or rectification to keep alive the right to refund”, in this way, the amounts could be claimed if the Constitutional Court orders its repeal. The claim period covers tax years from 2021 to 2024. The future consequences. If the Constitutional Court endorses the constitutionality of the tax, it will remain in force and consolidated as a permanent tax. On the other hand, if it declares it unconstitutional, the Government could approve a new law that respects the appropriate legal procedures to maintain it. A debate could also begin about replacing it with another more uniform tax figure or one linked to the Solidarity Tax of large fortunes, which has had such good results. There could even be a partial declaration of unconstitutionality, reestablishing the previous maximum rate of 2.5% or returning the tax to the temporary nature it had since 2021, which would imply that the Government would have to extend it each year. In any case, the delay in the Constitutional decision keeps thousands of taxpayers waiting for a ruling that will define the immediate future of the tax and the possibility of recovering millions of euros that have been collected in recent years. In Xataka | Spain has increased its census of millionaires: only 27.6% are paying the Wealth Tax Image | Wikimedia Commons (K3T0), Unsplah (omid armin)

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

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