parents

Living for free in your parents’ house does not imply a housing donation

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He house price It is one of the main obstacles to the emancipation of young people in Spain. According to data According to the Spanish Youth Council, only 15.2% of young people can afford to live outside the family home. Of them, 57.9% do so in rented apartments and a third of these young people share a flat with other young people to be able to bear the expenses. In this context, it is not strange to find people over 30 years old living with their parents. However, according to have confirmed the Ministry of Finance to VerifyRTVEit is false that living for free in your parents’ home, or in “any property of your parents”, can be considered “as a donation”. The Treasury makes it clear: there is no donation. Both from the Ministry of Finance like from the union of Technicians of the Ministry of Finance (GESTHA) point out that there is no tax or legal change that penalizes children for residing in the family home. Sources from the Ministry of Finance confirmed to damn.es that “there have been no legal changes or changes in the orientation of administrative actions since the IRPF existed, nor has it ever been considered a fiscal risk.” Carlos Cruzado, president of the GESTHA union, explained to RTVE that no taxes or duties apply additional taxes for the simple fact that an adult shares a home with his or her parents. Donation is a change of ownership, not use. The reason why no charge is made is because, simply, when a child lives with his or her parents, no transfer of assets occurs. The consensual use that is made of it changes, not the ownership. This change of use between family members without financial compensation does not fit into any of the assumptions of the Inheritance and Donation Taxso neither parents nor children they must pay that tax. The professor of Financial Law Rosa María Galán pointed to damn.es that, in the case of children without economic resources to survive on their own, the article 142 of the Civil Code obliges parents to cover the support, housing, clothing and medical care of their children. There is no need to argue for free coexistence since providing it is a legal obligation. It even applies to second homes. This same logic applies even when parents and children do not live in the same property, but, for example, the parents live in the primary home, and the children in a second residence owned by the parents. According to Cruzado, the Treasury “understands that there may be a free transfer and does not allocate a return at market value.” In this case, the parents pay taxes the same as if the home were empty due to the imputation of real estate income in personal income tax, the same obligations that already exist. for having a second residence without regular use. In this case, the owner of the home must pay a tax of 2% of the cadastral value of the property, and in some cases is reduced to 1.1%. That is, what is taxed is the condition of second home ownership, not the fact that children live in the home or not. The transfer of use is not a donation: the distinction that changes everything. As and as explained José María Salcedo, managing partner of the tax firm Salcedo Tax Litigation to Idealistiche article 6.5 of the Personal Income Tax Law establishes a presumption of onerousness. This means that the Treasury tends to assume that any transfer has a price. However, this presumption admits evidence to the contrary, and the most common instrument to prove it is the bailment contracta document that formalizes the loan of the property without financial consideration and that, according to Cruzado, the Treasury “does not usually carry out these checks”, although it serves as a guarantee to justify “free of charge the right to use someone else’s property for a certain period of time.” A version of this article was published in February 2026 In Xataka | If the question is how much money can be donated to a child without declaring it to the Treasury, the law makes it clear: none Image | Pexels (Jakub Zerdzicki) In Trends | Confirmed: the Government determines that those who live in their parents’ home must pay taxes under certain conditions

that parents stop kidnapping their own children

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Anastasiya Minkova returned from a trip and found the house empty: her husband had left with his two year old son. In many countries the scene could immediately trigger an investigation for parental abduction. In Japan, for decades, it could become the game that decided who would keep the child. Japan knocks down a perverse advantage. Until last April, the Japanese system established that, after divorce, only one of the parents could retain legal authority over the children. The courts tended to favor the person who lived with the child and had assumed the role of primary caregiver during the process. That created an incentive hard to ignore: Taking the child before initiating the divorce could put the other parent in a position that was practically impossible to overcome. Lawyers advising the “abduction”. The logic of the system converted a behavior considered parental abduction in other countries into a tolerated family strategy de facto. According to the lawyer Masanori Tanabewho leaves the home with the children begins to appear before the court as their usual caregiver, decisively strengthening their position. John Gomez, founder of Kizuna Child-Parent Reunionsums it up still cruder: Some family lawyers directly advised their clients to take the children because the matter was treated as a civil dispute, not as a crime. The courts were late. time played in favor of the parent who had taken the child. By the time a court heard the case months later, the child may have been living in a new home for a long period of time, attending another school, and maintaining limited or no contact with the parent left behind. Breaking this situation could be interpreted as an alteration of the stability of the minor, which ended up consolidating precisely the advantage obtained through his transfer. Reform and shared parental authority. Now Japan has modified its Civil Code to allow the so-called kyodo shinken, a regime in which both parents can retain legal capacity over important decisions after divorce. The Ministry of Justice hopes that the change force parents to think about the interest of the minor and to maintain adequate participation in his or her upbringing. Furthermore, unilaterally taking the child and refusing to cooperate may be taken into account against anyone who aspires to obtain their legal authority. Sharing decisions is not sharing children. The reform, in addition, has a decisive limitation: kyodo shinken is more accurately translated as shared parental authority, not necessarily shared custody or cohabitation. Both parents could intervene in issues such as education or medical care without there being a mandatory distribution of the time they spend with the child. Lawyer Masami Kittaka warns on CNN that the new system also does not guarantee that old cases are reviewed or that estranged parents automatically regain lost contact. The problem of foreign parents. Yes, because language barriers, lack of information and insufficient legal representation make many foreigners react when the situation is already consolidated. Examples like Emily Sato’swho said that she returned home and found that her husband had taken her daughter, removed much of the furniture, and removed her from the list of people authorized to pick her up from school. When the case came to court, exclusive cohabitation with the father was already discussed as a stable environment that should be preserved. Separations that last longer than childhood. Jeffery Morehouse wears 16 years without seeing his sontransferred from the United States to Japan when he was six and a half years old despite the fact that he had primary custody. He obtained Japanese court rulings validating his US order, but claims he never got them effectively executed. His last farewell was Father’s Day 2010and since then he avoids family celebrations and places where other children can remind him of how old his son was when he disappeared from his life. Protection against abuse. Shared parental authority also cannot applied indiscriminately. Some associations fear that it will force people who have suffered domestic violence to remain linked to their aggressor, although the reform allows contact to be restricted in cases of mistreatment or child abuse. The challenge will be to differentiate situations of legitimate protection from those in which one of the parents uses the child to gain advantage in a conflictive breakup. Japan still has not eliminated the incentive. There is no doubt, the reform represents a historic break with a model that favored exclusive custody and could turn a flight into a judicial advantage. However, experts they point out that the same problem will continue to exist as long as there are no clear consequences for whoever takes the minor, guarantees of contact and mechanisms capable of executing court decisions. Japan has finally recognized that allowing a parent to disappear with their own child was part of the problembut now he must show that changing the law can also give children back the relationship they lost. Image | Chris Rimmer, Jenny Webber In Xataka | Japan no longer knows what to do to make Japanese people have children. So he’s putting free daycare all over the country In Xataka | Japan’s problem is not that it is stopping having babies at a record speed. It’s just that he did it 17 years earlier than he should have.

“45 minutes of family sports support the health of parents and children”

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Yes take out time to exercise It is complicated in the world we live in, doing it with children is sometimes practically an impossible mission. On the other hand, children themselves sometimes do not reach the recommended physical activity times, either due to an excess of non-active extracurricular activities, not having access to outdoor places to play or due to abuse of certain sedentary leisure activities, such as games with video consoles. Given that parents and children, each in their own way, have the same problems, two scientists from Nottingham Trent University, Scarlett Fountain and Karah Dring, had an idea: what if they designed a plan so that families could play sports together? In their case, they opted for rugby games in pairs, but other options could be useful. They found that, as they imagined, practicing exercise as a family provides benefits for both physical and mental health. And the best thing is that it is not necessary to completely change the daily routines of children and adults, since in just 45 minutes you can see the results. Surveys that say it all. The authors of this research They began their study with a survey in which 25 families participated. Both adults and children had to answer a series of questions about their physical activity routines and the reasons why they consider that, if true, they do not practice enough sport. Adults agreed to mention problems such as the high price of organized activities or the lack of free time. There were also some who complained about not having local sports and leisure facilities nearby. The children, for their part, reported that seeing their parents staying active encourages them to exercise more. In fact, it is something that also happened the other way around. Both parents and children inspire each other to stay active. The solution seemed clear. 45 minutes of rugby. After analyzing the results of the surveys, Fountain and Dring They decided to design a family physical activity program. It would be free, accessible and quick, to solve all the problems they observed in the responses of the participating parents, although not all of them signed up. Only 16 families participated in the program. They chose rugby as a couple, as it is fun, adaptable and, unlike rugby typical team rugbyno contact. The 45-minute sessions included warm-ups, skills practice and small games. Before and after, both parents and children had to solve a series of cognitive tests on a computer. In addition, blood samples were taken from the adults. These results were compared with another 45-minute rest session, which would serve as a control. Good for physical and mental health. Both children and adults improved cognitive test scores after exercising as a family. For example, children performed better on a working memory task right after exercise. For their part, parents showed improvements in information processing. These improvements were maintained for at least 45 minutes. Regarding physical health, it was seen that, after lunch, adults had the same blood glucose levels as after rest, but less insulin. This means that they needed less amount of the hormone to regulate the levels of sugar consumed. His cells responded very well to insulin, they showed no resistance. Family exercise is beneficial for physical and mental health From school to work. As the authors of the study explained in an article for The Conversationa third of adults do not reach the recommended levels of physical activity. They don’t clarify where, but it is possibly in the United Kingdom. Even so, it is something that can be totally extrapolated to other parts of the world. On the other hand, only 4 out of 5 children between 11 and 17 years old do 60 minutes of exercise a day. Less than an hour of physical activity each day is very little for a child. The consequences for physical health are very clear, but sometimes we do not take into account how this influences cognitive performance at work, school, or simply in everyday life. For this reason, they believe that much more emphasis should be placed on providing families with opportunities to exercise together. If it is not possible separately, the solution, clearly, is to exercise as a team. Images | Magnificent In Xataka | In the fever to train strength, the gym has faced competition: more and more people train on the street

For researcher Amber Simpson, parents can help teach them at home

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In the minds of most people learning mathematics resides in schools, institutes and universities. It is such a consolidated association that It’s hard to question it. However, research published in Mathematical Thinking and Learning shows that the mathematical learning It does not begin or end at school: it also happens at home, spontaneously and often completely unnoticed by the families themselves. The researcher who led this study is Amber Simpson, associate professor in the Department of Teaching, Learning and Educational Leadership at Binghamton University, in New York (USA). Its starting point was a specific question: what happens to the STEM learning (YesscienceTechnology, Engineering and Mathematics or Science, Technology, Engineering and Mathematics) when the children come home? To answer it, Simpson and his team designed twelve engineering kits called MAKEngineering aimed at children between second and sixth grade. Each kit posed an open challenge using household materials. One of them, for example, proposed building the prototype of a house capable of protecting animals from an extreme weather phenomenon typical of their region. Seven families from the US participated in the study and provided recordings in which they were seen addressing the challenges together. The data was very revealing. Children used geometric reasoning, informal measurement, and proportional reasoning in a natural way during this experiment. Mathematics is also at home The biggest surprise of the study has nothing to do with the children. It has to do with the parents. There is a widespread assumption that parents lack the necessary knowledge to support their children’s mathematical learning. However, Simpson denies it: Caregivers do have this knowledge, but they exercise it in a way rooted in their usual ways of acting, and not in the school format. They are mathematics hidden in everyday practice, and precisely for this reason they go unnoticed. The participation of twins provided a very revealing perspective on their interaction dynamics. The study also identified another very important finding: the role of siblings. Those who worked together on the kits assumed both supportive and dominant roles, but remained involved in the design at all times. Amber Simpson has a separate article currently under review dedicated to this phenomenon. Interestingly, the participation of a pair of twins provided a very revealing perspective on their interaction dynamics. Simpson argues that non-school mathematics has a legitimate place alongside classroom mathematics, so both should be taken into account equally. The challenge now is to translate these discoveries into practice. To achieve this, these researchers have developed training kits for teachers and have verified that it is essential that teachers themselves first face these tasks before proposing them to their students. Widespread implementation of these kits in the classroom has not yet occurred, but this is precisely what Simpson and his colleagues propose. And his study is not just an academic argument that reveals where learning takes place; it is above all a vindication of value of what families are already doing without even knowing it. In any case, the question that Simpson leaves in the air has more scope than it seems: if mathematics is already happening at home, perhaps the problem is not teaching more, but learning to see what is already there. Within our reach. Image | Kampus Production More information | Mathematical Thinking and Learning In Xataka | The arrival of AI in mathematics goes beyond a “revolution”: it is reaching where human mathematicians did not dream

Apple has already sold so many iPhones to adults that it’s now going after kids. Convincing their parents first, of course.

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Apple is celebrating with its WWDC 2026. It is the big software presentation event and those at Apple have not wasted any time, presenting iOS 27 and all your news at the beginning of the appointment. However, they have not started with the long-awaited new Siri (Siri AI, from now on), but by delving into the privacy of your system. And not in general terms, but delving into something very specific: child safety and more parental control. It’s a strange way to open a software presentation where everyone is waiting for details about Apple Intelligence, macOS and the rest of the software for the Apple family, but it is something that makes a lot, a lot of sense with that obsession about which Apple has been building a discourse for years. That of security and privacy as a strong selling argument. iOS 27 with strong parental controls. Maybe too strong I don’t have children, but I am too involved in the day-to-day life of video game controversies like ‘Roblox‘ and social networks so that, if I have children, I would be concerned about their privacy. Every now and then a new hotbed of online predators is uncovered with information that makes you want to leave the Internet forever. It’s not an idea that I dislike, but for whatever reason I have to stay online. The fact is that I’m older and quite skeptical of everything I receive on my mobile. Be Natalie on Telegram who doesn’t know me at all, but already loves me madly, or someone who sends me the opportunity of a lifetime by email. But children and adolescents can be much more exposed. That’s where those predators come into play. many times they roam freely by social apps and games and, as I say, Apple has spoken very early in its presentation about privacy and parental control of the iPhone and other devices in the ecosystem. Does a stranger call you? Notify your parents so they can do the appropriate thing. What they have announced is a package of new tools so that parents can not only better control how much time their children spend on their cell phones, but also to better manage who their children communicate with. That is, I am one of those who thinks that education plays a crucial role so that the minor does not spend the day glued to the phone, but if someone wants to send inappropriate content through networks or messages, then education takes a backseat because it is the minor who suffers a direct attack. And that’s where the new protection package comes into play. The ‘Communication Safety’ layer will continue to warn and blurring images and videos that may be considered inappropriate (nudity, for example), but now it also better identifies content that may contain violence. Do you want to enter a new site that is not authorized? Ask permission and a notification will appear on your parent’s device. This adds a layer of security that is very interesting to limit the content to which minors may be exposed. Craig Federighi, head of software engineering at Apple, said the goal is to give parents “powerful, easy-to-use tools to help manage what kids can see, who they can talk to, and when they have access.” The company has assured that they are following a series of guidelines and recommendations from the American Academy of Pediatrics, which directly states that children under 13 years of age should not have access to social media apps. Notice to know at a glance the approved apps. Although the tools they have presented sound very interesting and can be helpful, I think the best thing they have shown is that everything seems easier to use than before or that in other operating systems whose options may be more hidden or more cumbersome. Allowing easy access to these tools is important for parents to use them actively, controlling both their children’s time with the device and, above all, with certain apps. The censored message. And, obviously, it is one more way to reach a new audience. If years ago they already showed up showing the benefits of the Apple Watch SE like the devices so that the little ones in the family were located, these new security functions are one more argument for parents buy your children an iPhone as that first smartphone. They do not hide, stating that there are many advantages in children having their own device to be connected and available in the Search app, but they know that there may be people sending inappropriate content and that minors themselves have an infinite range of apps that perhaps they should not access. In addition to the options most designed to directly protect the minor, there is also the list of apps that they can or cannot use, as well as screen time. Again, nothing new because there are other companies with parental controls, but Apple has something unique. Because other companies have not been present at an event with global reach to sell the benefits of their parental control system, but Apple gets tired of selling iPhones to adults every year and knows that there is a juicy piece of the cake if it enters the pockets of children. And by convincing parents that their device is the safest, they have gained much of the ground. In Xataka | iOS 27 update: which iPhones it comes to, how to prepare and how to update

The biggest culprit of children’s addiction to screens is not the TikTok algorithm: it is the parents themselves

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Having children seems to activate a part of the brain that forces us to say the repeated phrase “Leave the machine now,” referring to the cell phone or portable game console. Here, logically, concern about the screen time of the little ones monopolizes the conversations of the most current parents, but the reality is that science is beginning to see that the fault for these behaviors really lies with the parents themselves. A reality. The debate over whether children are born “addicted” to technology fades when we look at the empirical evidence. It’s not just that the devices are designed to capture attention; is that a child’s first and most powerful learning algorithm is to observe their parents who spend the day in front of the screen. Bandura’s theory. To understand why the little ones don’t put down the tablet, you first have to travel back a few decades, to psychologist Albert Bandura’s social learning theory. This theoretical framework, widely validated, establishes that children do not learn primarily by what they are told, but by observation and imitation, especially of those they perceive as close and competent, such as their parents. Literally, we are talking about sponges that do not lose detail of anything. Four phases. In order to learn through this route, it is first necessary for the child to pay attention to the behavior of his or her ‘reference’ adult, such as his or her father or mother. From there, he will begin to retain the pattern made by his caregiver in his memory, almost as a normative behavior, and develop the physical ability to imitate the gesture. But it goes further, since by observing reinforcements, such as their parents laughing when they see the cell phone, an association with a positive stimulus is created. This is really important because you see that doing that action is something that is not dangerous at all, but rather fun and enjoyable. Modern pediatrics. Beyond this theory, a recent meta-analysis Published this year in the prestigious journal JAMA Pediatrics, it has analyzed the impact of the use of technology by parents in the presence of their children. This brings together a total of 21 previous investigations and covers 14,900 participants from 10 countries, empirically demonstrating that there is a direct association between the time that parents spend in front of a screen and the time that their children end up spending with them. But in addition, it has also been seen how it can generate a negative impact on children’s cognition or an increase in externalizing behaviors such as tantrums or anxiety. The cell phone on the table. The disconnection created by the smartphone not only creates a role model, but breaks the two-way interaction that children need for healthy brain development. Something relevant is that 70% of parents admit to being distracted by their mobile phone when they are with their children, and here is a study in Pediatrics in 2014 where this phenomenon was observed; This phenomenon has already been observed in the fast food restaurant environment. According to your data40% of parents were so engrossed in their devices during meals that they ignored their children completely. But even worse was when children tried to get their attention, often escalating their behavior, and simply causing parents to respond more physically or verbally when they felt interrupted. The recommendations. The American Pediatric Association is quite clear pointing out that children under 18 months should completely avoid screens, and in the 2 to 5 year age group it can be introduced for a maximum of 1 hour a day and as long as high-quality and accompanied content is watched. Images | hessam nabavi In Xataka | We say we are “depressed” beyond our means: where does the illness end and where does the illness begin?

Argentina wants to get rid of parents who do not pay their children’s pensions. So he kicked them out of the football stadiums

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To enjoy a soccer match in an Argentine stadium it will no longer be enough to have a ticket. From now on, fans must comply another extra requirementequally or even more important: being up to date with your children’s pensions. In an attempt to hit where it hurts most, the football heart of the nation that gave birth to Maradona, Messi or Di Estéfano, the authorities have activated a system that prohibits access to the fields to parents who ignore the costs of feeding their children. The Government has 13,000 people in its sights, defaulters whom it just got complicated for them also the USA World Cup. “They don’t enter the fields anymore”. The phrase is from Alejandra Monteoliva, Minister of National Security, who recently announced, via Xthe decision to close the stadium doors to those who are not up to date with their pensions. “Delinquent food debtors no longer enter the fields. Starting today, together with the Government of the City of Buenos Aires, we incorporate debtors into the Safe Tribune program. And they will no longer be able to go in to watch a soccer game,” explains Monteoliva before underlining the basic idea: “He who does not comply with his children, off the courts.” Is it something new? Yes. And no. ‘Safe Tribunes’ It is not a new program. Carry years applying in Argentina and its objective is to reinforce access control to sports events, although until now the focus has been focused mainly on violent fans, accused, convicted or with arrest warrants. It is basically dedicated to checking the documentation of those who go to the camps to check their history or even if they are carrying drugs or knives. For a while now some jurisdictions of the country, as Buenos Airesalso decided to veto sporting events for those who do not comply with the alimony of their minor children. As a reference, the Buenos Aires authorities they assure that since March 2025, 173 controls have been carried out that have made it possible to identify 150 “delinquent food debtors”, fans who were prevented from accessing stadiums or concerts. “So far in 2026 alone, 84 have already been carried out with 75 offenders.” What’s new then? That Argentina has decided to go one step further, combining and reinforcing both initiatives: ‘Safe Grandstands’ and restrictions on access to stadiums for parents with debts. For this, the Ministry of National Security and the Government of the Autonomous City of Buenos Años have signed an agreement that “marks a qualitative leap” in field controls throughout the country. The key is in the exchange of information, which will allow thousands of new names to be included in the ‘Safe Tribune’ red list. To be more exact, we talk about 13,000 people, “delinquent obligors” registered in Buenos Aires and 13 other provinces spread across the country, such as Chaco, Entre Ríos, Formosa, Tierra de Fuego, Santa Cruz or Tucumán. From now on all of them will have a difficult time when they want to watch games in the stadiums, at least as long as they do not catch up with the food pensions they owe. Click on the image to go to the tweet. “Consequences”. Alejandra Monteoliva has not been the only one to insist on the advantages of the system. Something similar has been done, too. via Xthe head of Government of the Autonomous City of Buenos Aires, Jorge Macri: “In the city a year ago we prohibited the entry of food debtors to stadiums and mass shows. Now, in joint work with the Government, we added our database to the Safe Tribune program to reinforce these controls throughout the country. Anyone who does not comply with an obligation as basic as feeding their children must have consequences.” Where it hurts the most. In his message, dated May 26, Macri left bouncing another fundamental idea: access controls with the debtor registry in hand will not only be done in the country’s stadiums; The idea is that they will also be applied during the World Cup. Milei’s team has sent a list to the US with more than 30,000 Argentine fans who have restricted access to the World Cup stadiums, which will start in a week in Mexico. And these include, confirms Monteolivathe 13,000 delinquent parents. It is not just another announcement or a declaration of intent. The new restrictions in Argentine stadiums have become official already in the Official Gazette and the Executive has also published a resolution (444/2026) announcing the sending to the US Embassy of information on people with restrictions to access sporting events. The measure is adopted based on the cooperation agreements signed between both Governments and its list would include the “alimony debtors”. Some sources they assure that the veto will extend to Canada and Mexico, the other hosts of the FIFA Cup. Is the problem so serious? In case the 13,000 registered in the system do not give a clue, in 2024 Unicef ​​provided another even more emphatic one: that year it published a report in which it warned that 56% of mothers living in Argentina do not receive child support when the father does not reside in the home, a percentage that rises to 68% if we include mothers who do not receive it regularly. Field access restrictions will only apply when there is a judicial or administrative resolution that demonstrates non-payment and the affected person appears in the official registry of defaulters. Images | Jimmy Baikovicius (Flickr) and Wikipedia In Xataka | The World Cup in the USA is making merit to be the most expensive in history: tickets are already reselling for 2.3 million dollars

When Jeff Bezos asked his parents for $240,000 to found Amazon, they asked him only one thing: “What is the Internet?”

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In 1995, Jeff Bezos decided quit your stable job and well paid as an analyst on Wall Street to set up a business selling books online. At that time, Jeff Bezos was not the millionaire he is today, so he went to his parents and asked them for help investing in Amazon. His father’s first question was clear and direct: “What is the Internet?” Miguel and Jacklyn Bezos didn’t know much about this new technology, but they knew that their son was determined to make the most of it. According to the writer Brad Stone in the book “The dream store. Jeff Bezos and the era of Amazon“, Bezos warned his parents: “There is a 70% chance you will lose everything. “I just want to make sure I can come home for Thanksgiving if this doesn’t work out.” Without hesitation, the Bezos invested a good part of their life savings in their son’s project. Today, that initial investment has grown by 38,200% and is worth more than the GDP of Iceland and the Maldives combined, making his father so rich (his mother died in August 2025 at age 78) that, according to what he said The Wall Street JournalMiguel Bezos is hiring a CEO to manage the assets of his Family Office. The origin of a historic fortune In the mid-nineties, Mike Bezos, of Cuban origin and with family ties in a small Valladolid municipalitydecided to entrust the family savings to his son Jeff and, in the process, becoming the first investors after the founding of Amazon. According to documents According to the US Securities and Exchange Commission (SEC), the Bezoses’ initial investment was through the purchase of 582,528 Amazon shares and, just a few months later, they expanded their investment by purchasing 847,716 more shares. In total, 1,430,244 shares at a purchase price of 17 cents per share. That leaves a total investment of $243,141.48. As and as revealed Bloombergit is quite a fortune for a couple formed by a single mother who had to raise her son alone with a very poor salary while studying a career, and of a Cuban immigrant who arrived in the United States at the age of 16. After thirty years, if the initial investment had remained intact it would amount to about $92.9 billion. However, after various sales and donations of shares, the family wealth of Jeff Bezos’ parents exceeds $40 billion. CEO wanted for a fortune According to estimates by The Wall Street Journal and Bloomberg, Aurora Borealisthe company in charge of managing Miguel Bezos’s assets, was founded in 2020 and, if it were a person, it would rank 48th among the largest fortunes in the world. list of Forbes millionaires. Aurora Borealis is currently one of the family offices most relevant in the world due to its volume of assets. The company manages assets of a very diverse nature, from those founding shares of Amazon to investments in funds and philanthropy projects through the Bezos Family Foundation. The growing assets of Jeff Bezos’ father reached such levels that it became necessary to professionalize the team that manages it from Aurora Borealis, signing as CEO to Valeria Alberola, an executive with experience in managing large assets. For reference, the new manager of Amazon’s founding fortune managed the investment and philanthropy activities of Ben Walton, heir to Walmart. Their goal, to make Miguel “Mike” Bezos even richer. The story of Miguel Bezos’s fortune is not only relevant for having facilitated the founding of one of the largest companies in the world, it is also a unique phenomenon since it is unusual for a family loan of just under $244,000 to end up making the founder’s parents millionaires, and not external investors. Was a risky bet which turned out well, but could also have left Jeff Bezos banished from Thanksgiving dinners and his parents with a serious financial problem. In Xataka | Technological millionaires boast of ecological awareness. Their superyachts and private jets tell another story Image | Flickr (George W. Bush Presidential Center)

Jeff Bezos asked his parents for their life savings to found Amazon. They only asked him one question: “What is the Internet?

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In 1995, Jeff Bezos decided quit your stable job and well paid as an analyst on Wall Street to set up a business selling books online. At that time, Jeff Bezos was not the millionaire he is today, so he went to his parents and asked them for help investing in Amazon. His father’s first question was clear and direct: “What is the Internet?” Miguel and Jacklyn Bezos didn’t know much about this new technology, but they knew that their son was determined to make the most of it. According to the writer Brad Stone in the book “The dream store. Jeff Bezos and the era of Amazon“, Bezos warned his parents: “There is a 70% chance you will lose everything. “I just want to make sure I can come home for Thanksgiving if this doesn’t work out.” Without hesitation, the Bezos invested a good part of their life savings in their son’s project. Today, that initial investment has grown by 15,500% and is worth more than the GDP of Iceland and the Maldives combined, making his father so rich (his mother passed away a few weeks ago) that, according to what he said The Wall Street JournalMiguel Bezos is hiring a CEO to manage the assets of his Family Office. The origin of a historic fortune In the mid-nineties, Mike Bezos, of Cuban origin and with family ties in a small Valladolid municipalitydecided to entrust the family savings to his son Jeff and, in the process, becoming the first investors after the founding of Amazon. According to documents According to the US Securities and Exchange Commission (SEC), the Bezoses’ initial investment was through the purchase of 582,528 Amazon shares and, just a few months later, they expanded their investment by purchasing 847,716 more shares. In total, 1,430,244 shares at a purchase price of 17 cents per share. That leaves a total investment of $243,141.48. As and as revealed Bloombergit is quite a fortune for a couple formed by a single mother who had to raise her son alone with a very poor salary while studying a career, and of a Cuban immigrant who arrived in the United States at the age of 16. After thirty years, if the initial investment had remained intact it would amount to about $72.6 billion. However, after various sales and donations of shares, the family wealth of Jeff Bezos’ parents exceeds $40 billion. CEO wanted for a fortune According to estimates by The Wall Street Journal and Bloomberg, Aurora Borealisthe company in charge of managing Miguel Bezos’s assets, was founded in 2020 and, if it were a person, it would rank 48th among the largest fortunes in the world. list of Forbes millionaires. Aurora Borealis is currently one of the family offices most relevant in the world due to its volume of assets. The company manages assets of a very diverse nature, from those founding shares of Amazon to investments in funds and philanthropy projects through the Bezos Family Foundation. The growing assets of Jeff Bezos’ father have reached levels that have made it necessary to professionalize the team that manages it from Aurora Borealis, signing as CEO to Valeria Alberola, an executive with experience in managing large assets. For reference, the new manager of Amazon’s founding fortune managed the family office of the Walton familyfounders and owners of the Wallmart supermarket chain. Their goal, to make Miguel “Mike” Bezos even richer. The story of Miguel Bezos’s fortune is not only relevant for having facilitated the founding of one of the largest companies in the world, it is also a unique phenomenon since it is unusual for a family loan of just under $244,000 to end up making the founder’s parents millionaires, and not external investors. Was a risky bet which turned out well, but could also have left Jeff Bezos banished from Thanksgiving dinners and his parents with a serious financial problem. In Xataka | Technological millionaires boast of ecological awareness. Their superyachts and private jets tell another story Image | Flickr (George W. Bush Presidential Center)

His parents built the Chinese economic miracle by working 12 hours a day. Their children have decided not to work almost at all

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Working twelve hours a day, six days a week, was common in Chinese companies, especially in the technology sector. It is what is known as day 996 and fortunately, the government banned it in 2021. They did not expect that that same year a new concept called Tang Ping and it means just the opposite: doing the minimum to survive. Lay down on the couch. Its literal translation is ‘lie flat’, but we like the creative translation better. Tang Ping It is a social phenomenon that arises as a rejection of the culture of overwork and endless days that barely leave time to sleep. A person who follows a lifestyle Tang Ping He works the minimum necessary to survive and does not have great ambitions; He doesn’t want to buy a car or a house, he spends little on food and he doesn’t want to get married or have children. The latter has not been any fun in Beijing. National security concern. We have talked about the birth rate crisis that China is going through and how the government is doing literally everything for get young people married and have children, so this movement goes against everything they are promoting. The government’s discourse on this trend has taken on a more severe tone. Last April, They published an official warning in which they stated that it is an “ideological infiltration” financed by “hostile anti-China forces” with the aim of “eroding the minds of Chinese youth.” They have turned a lifestyle into a political act that must be repressed. The safety net. They count in Baiguan News that, to understand the rise of this trend, two social mechanisms must be understood. The first is that the parents of these young people were born in the 60s and 70s, so their professional career grew along with the economic development of the country and they are currently the richest demographic group in the country. This means that if their children have financial problems, they can provide support. The second factor is deflation, which is making everything cheaper. In China it is possible to eat for just 1 or 2 dollars in exchange, which makes it viable to live while spending very little money. If we add that youth unemployment is at 16.9% and job opportunities are shrinking, it is the perfect breeding ground for lying down. The generational contrast. The parents of these young people grew up in poverty and, if they worked 72 hours a week, it was not out of pleasure, but out of pure necessity and fear of continuing to be poor. That fear was the engine of Chinese economic growth and allowed the next generation to grow in the abundance that their parents built. The difference is that these young people do not feel that raising the country depends on them, nor do they feel the fear that drove their parents, and many have decided to put their well-being before their professional career. Image | HANVIN CHEONGUnsplash In Xataka | We have been talking about “day 996” in Chinese companies for years. The reality is more complex: “day 323”

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