Millionaires

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

It is a notice for the rest of the millionaires who supported him

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A little over eight months ago, Elon Musk self -demonstrated “Donald Trump’s first friend” after his re -election as US president. He Cross anxyper That both Musk and Trump dedicated themselves in public leaves no doubt that he has now become “the first former friend.” However, the important thing is not so much what both millionaires said openly, but the evening warning that Trump made to the rest of Millionaires who have supported him From his investiture: “Or with me or against me.” Musk’s “One More Thing”. After weeks of rumorslast week Donald Trump and Elon Musk made official the departure of the South African millionaire at the head of the Doge with A ceremony in the Oval Office in which Musk’s work was praised in the first hundred days of mandate. Then, and in the purest style of Steve Jobs, Musk raised his “One More Thing” before closing that stage and lasted hard against the new tax cut law (known as “One Big Beautiful Bill”) qualifying itof “disgusting abomination.” The fuse had lit and it was a matter of time that everything jump through the air. The World Cup was mounted. Following Musk’s criticism escalation to the fiscal megaley, among its measures contemplated the Subsidy cut For the electric car, Trump began Your offensive against Musk. Musk’s response came from his social network attributing the Merit of Electoral Victory Trump and threatening with dismantle the dragon capsule that NASA has been using astronauts to the space station. However, the high point came when Tesla’s CEO accused the president of appearing on the list of Jeffrey Epstein. Musk even asked his followers If you should found a new party to oppose Trump’s measures. The evening warning. Elon Musk was the Trump’s main validboth during his presidential campaign and in minor elections, contributing hundreds of millions of dollars that distributed To win the electorateand favor Trump’s political interests. However, that has not been an obstacle for Trump to defnert without flinching to such a powerful ally. ¿What would I be able to do With other millionaires who have not had a relationship as narrow as the one he has had with Musk? Jeff Bezos has already received the message. A few weeks ago a working document was leaked in which Amazon employees considered the possibility of breaking down the price increase of tariffs imposed by Trump in their products. From the White House they did not hesitate to get the artillery against Bezos. Karoline Leavitt, Trump government spokesman, accused To the company of “A hostile and political act by Amazon”, and lashed out at Jeff Bezos accusing him of being “the arm of the Chinese propaganda” while showing a photo of the millionaire leading an article in which he was accused of censoring the reviews of a book with the speeches of the Chinese president Xi Jinping. A call from Donald Trump to Bezos would be enough for the millionaire to recular and the company recovered the value of actions that They had collapsed before presidential threats. Apple managed a tense calm. Tim Cook was another of the millionaires who witnessed Trump’s possession in the front line. Months later, Apple felt the pressure of Trump’s economic policies. The president would apply A 25% tariff To technological ones who do not manufacture in the US. To appease Trump’s fury, Apple He promised to invest 500,000 million dollars in the United States over the next four years in return, since it was materially impossible to relocate the production of its short -term smartphones. With this, both parties sealed a tense calm without major consequences … at least temporarily. Mark Zuckerberg is not in prison. With regard to Mark Zuckerberg, the millionaire has not yet entered prison, which is already a lot since Donald Trump spent part of his campaign threatening with imprisonment “For life” to the meta founder. In return, the millionaire has not only provided financial support to Trump’s investiture, but has been one of the first to fly a flying Its labor policies of diversity, equality and inclusion in goal, but also aligned the functioning of its social network to Trump’s wishes. What the meta founder has not been able to get rid of the debate about whether Goal is a monopoly. Emalisting with Trump could make that delicate scale get against him and end up dismembering the goal. In Xataka | A government “Extremely Hardcore”: Elon Musk is applying to the US the same recipe that has applied to all its companies In Xataka | Only 15 people are part of the “100,000 million club”: it is 0.5% of 1% of the Milmillonaria elite Image | Flickr (Gage Skidmore)

The first Hermès headphones for Millionaires do not compete in technology, compete in price. For being the most expensive, of course

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In addition to manufacturing handmade chairs, Hermès has earned her prestige of luxury craftsman for her popular (and profitable) Birkin bags. However, the exclusive Maison He has taken an unexpected step. He has tired of making covers For airpods And now it seeks to compete in the high -end technology market launching its first high -end headphones worthy of the cache of your bags. For his first foray into the technological sector, Hermès does not consider competing with The biggest As for technical benefits, but in something that the French brand dominates perfectly: its price. And not precisely because it is the most economical. Making covers for Airpods was not enough Until now, Hermès had collaborated with technological brands such as Apple, just creating leather covers For airpods and other accessories for their devices. However, the firm has decided to go a little further and manufacture its own luxury headphones, in which each unit is handed by its most experienced artisans. According to The published by Luxurylaunchesthe design and development process has been two years and each headset is the result of a thorough work, from the selection of skins to the final assembly. In fact, exclusivity is such that A few units will be producedand each of them is made on request. Touch the image to go to the original message “The idea is not to be able to replicate this 10,000 times as a great headphones manufacturer would. The idea is that the few we do are perfectly done, and that has been a very long learning process,” explains Axel de Beaufort, creative director of Ateliers Horizons. This Hermès artisan workshop based in France, has been responsible for manufacturing for the firm’s clients such unusual pieces such as canoes, disco balls and surf boards, but now faces the challenge of combining artisanal excellence with the technological requirements expected of some high -end headphonessuch as the incorporation of tactile functions to control them or Noise cancellation. The headphones are made of hand -sewn cow hunter skin, metal details inspired by their emblematic Kelly bag, as well as pads and headband coated with lamb skin. In Spain, for the moment They are only available In the color Rouge H. the 11,800 euros that cost It positions them as the most expensive in the market, even surpassing other accessories as extravagant of the brand as the fishing cane of 10,000 dollars or the Mahjong set of $ 43,000. Luxury, but high -end headphones after all Although Hermès has kept a secret many of the technical specifications, it is known that these headphones They can connect Both Bluetooth and Jack cable. In addition, it includes USB C connector and different USB C adapters and 2.5 mm jack connector. The brand promises an “intimate, faithful and envelope” auditory experience and ensures that the sound performance is at the height of the aesthetic promise, with “very high fidelity, subtle reproduction and enveloping silence”, something that we have not been able to verify. Inside they incorporate two 40 mm transducers that allow reproducing a very wide frequency range between 20 Hz and 40,000 Hz. The headphones battery offers up to 30 hours of autonomyaccording to data from the firm itself, and the materials used guarantee exceptional durability and comfort that have already been endorsed by the Hermès bags resist the passage of the passage of time. “It is not just a beautiful object, but about creating a true sound world, an exclusive auditory firm,” is indicated on its website. In Xataka | Hermés’ heir millionaire adopted his gardener. His fortune has evaporated before he reaches his garden Image | Hermes

This literary science fiction utopia advocates the disappearance of millionaires. And Musk, Bezos and Zuckerberg love

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The saga of ‘the culture’ of Iain M. Banks is one of the series of Science fiction books most important and influential of the history of gender. And among his fans are names as notorious of the Tech sector as Elon Musk, Mark Zuckerberg either Jeff Bezos. What is still curious: the message and background of the saga are in one direction, it could be said, diametrically opposite to the businesses led by these billionaires. So … why do you like so much? The culture of ‘culture’. The saga consists of no less than ten books, the first of them written in 1987 and the last in 2012. In them there is a society in which the pan-human (similar to us in appearance, but without being completely clear what relationship they keep with humanity) coexist with artificial intelligences, having overcome any problem of scarcity of the past. All citizens can careless work: technology takes care of everything. Until death is a problem of the past: diseases have been left behind, and minds can move from one body to another when bodies do not give more. Below the work. ‘Culture ‘is one of the most clearly positioned science fiction works in political terms, already a difference from conservative thought classics such as’ the rebel rebellion’ of Ayn Rand Or allegations of white supremacism not very camouflaged such as ‘The landing’ or ‘Turner’s newspapers’, leans towards the socialist utopia, more in the line of other classications such as ‘Iron heel’ by Jack London. In the Society of ‘Culture’ goals are reached Socialist theory: Post-scarce society, abolition of money and private property, radical equality, voluntary work, collective management, absence of coercive laws, personal freedom … an authentic utopia. Stones to the roof itself. And since there are no inequalities for economic reasons, the same concept of oligarchs is aberrant. Banks hated the idea that a lot of money will concentrate on a few hands. As he exposed This article in Voxthe solution to antisocial behavior in ‘culture’ is not the legal punishment, but to make the offender a social out of theory, cancellation. Something against what they have manifested openly These billionaires. And well, then there is the subject of the genre completely fluid in this utopian society: the rigid genres are completely overcome. And we already know how little they like Musk, Bezos either Zuckerberg LGTBI ideas. What do you see? It is clear What do they like about ‘the culture’ then: The fascinating vision of technology as a solution to all problems. From facilitating the most daily tasks to overcome in space battles, everything is mediated by artificial technology and intelligences. Of course, for Banks technology is not an end in itself, but a tool in search of a more just and equitable society. And without millionaires. But it is easy for these oligarchs of technology to skip that part, because the comfortable is to get carried away by the sissured show that also proposes ‘culture’ (which are adventure novels, not thesis). Of course, it should be noted that there are voices, such as The journalist Max Readwho affirm that perhaps Musk, Bezos or Zuckerberg have not completely misunderstood ‘culture’. Especially if we compare it with the findings of the other utopia par excellence of science fiction, ‘the dispossessed’ of Ursula K. Leguinis of dyes closest to anarchism. Possessing utopias. As technology is more complex, the bridges of understanding between science fiction and innovation are more constant. Science fiction has helped us to imagine the future and carry it out, and therefore the technological elites of Silicon Valley have reinterpreted utopias as inspiration, and even sometimes as Brandingas Musk did Putting Space X ship namesinspiring Neuralink’s own concept and defining itself as an “utopian anarchist of those described by Iain M. Banks.” He is not the only one who appropriates the saga: Bezos will adapt the first book of ‘La Cultura’ In Prime Video. And Zuckerberg promoted the saga in your reading club In 2015. However, this possession of the ideas of Banks or other utopias as a generator of imaginary and technological concepts has very obvious inconveniences when it goes from socialist utopia to business narrative. The critical sense of literary works is diluted and enters a paradox: that of the technocratic utopia. Banks is not here to meet her, but something tells us that he would have produced chills. In Xataka | The groundbreaking world of Chinese science fiction: this is the literature from which ‘the problem of the three bodies “has come out”

Latin millionaires set their residence in Madrid. Private bench has begun to open branches only for them

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All cities of a certain size have certain neighborhoods in which the Density of wealthy people exceeds the average. In the case of Madrid that neighborhood has traditionally been the Salamanca neighborhood, and the type of housing that, by surface and qualities, in it, in it, is witnessing it, in it It has been built. That real estate valuehe has turned the central Madrid neighborhood into the new destination for the Latin American millionairesto those who do not tremble their pulse for Pay up to 13,000 the square meter for a second residence on this side of the Atlantic. Before the rise of these new neighbors in the neighborhood, the response of the bank has not been waiting. BBVA has announced The opening of a new exclusive office on Goya Street in Madrid only for Latin Millionaires. The requirements for you to meet: a minimum capital of 500,000 euros and economic interests on both sides of the ocean. The Spain of the two benches While in the rest of Spain the banks close physical branches (only in 2024, the Santander announced the closure of 200 offices) and mails must take care of giving coverage of Effective to Spain emptiedin the Wealthy neighborhoods in Madrid The trend is just the opposite. Financial entities have identified the potential of this capital flow and have opted to open specialized offices, such as the new BBVA private bank branch in the heart of the Salamanca neighborhood. Where if not. This office, the first of its kind in Spain, is designed exclusively to serve Latin American clients with high assets. As I pointed out The Economic newspaper Fifodiesthe branch manages a base of 583 clients, whose joint assets amounts to 440 million euros. The objective of this new “luxury” branch is to offer a personalized service to those who have investments and assets On both sides of the Atlanticfacilitating the management of its wealth in a global and coordinated way by focusing on both European and Latin Americans. To access this private banking service, customers must have a minimum financial assets of 500,000 euros. In addition, there are differentiated services for those who have between 500,000 and two million euros, and for ultra -ups with more than 10 million. At the global level, the BBVA Private Banking Division manages assets valued at about 140,000 million euros. The best bankers: yes, those of Madrid At the Goya BBVA Private Banking Office, he serves a team of five bankers specialized in managing assets in Mexico, Colombia or Peru markets. Each of these bankers makes periodic trips to their assigned country to maintain direct contact with customers and understand their specific needs. That is to say, They are the ones who queue To talk to your customers. Karma. According to statements by Fernando Ruiz, director of private banking of the entity in Spain, published in InvertiaThe average international client profile that is attended from this branch has an average heritage of 800,000 euros. By nationalities, 50% are Colombians; 30% Mexicans and the remaining 20% ​​are Peruvians. Beyond traditional financial management, BBVA offers a range of extrafinancial services specifically designed for this high purchasing power client profile. Do not think about the latest generation televisions, televisions or mobiles. As confirmed by the bankers themselves Fifodieswe talk about exclusive experiences, such as entries for Real Madrid parties or the mutual Open Madrid, private visits to museums such as Prado and Thyssen, and training courses on the transmission of family heritage. Although this personalized attention model is anecdotal in Spain, it already works successfully in enclaves with High concentration of millionaire populationlike Zurich and Miami. If the Salamanca neighborhood office works, perhaps this model could extend to Other areas of Spain who also host great Latin American fortunes, such as Galicia, Barcelona or the Costa del Sol. In Xataka | If you have money, you have nationality: how the billionaires have fond of “gold passports” Image | BBVA, UNSPLASH (Jorge Fernández Salas)

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