Wealth

The most complete collection of Supreme T-shirts is being offered for sale at Christie’s for about $2 million, highlighting the soaring value of the luxury streetwear brand and the growing importance of a new generation in the collectibles world. The T-shirt collection is the only complete set of Supreme’s “box-logo” T-shirts, which were released since
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Although negotiations surrounding a new coronavirus relief bill have resumed between Democrats and Republicans, it is still unclear whether new legislation will pass before the new year. Over nine months have passed since President Donald Trump signed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security, or CARES, Act. Since, Congress has remained at an
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According to self-made billionaire Mark Cuban, the future of America post-pandemic, or what he calls “America 2.0,” will look “different.” “My dad always said that you don’t live in the world you were born into, and that’s not going to change,” Cuban said during a Q&A session at the George W. Bush Center on Oct. 21. “The
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When Bob Iger became the CEO of The Walt Disney Company in 2005, he had a risky idea: buy Pixar. At the time, Walt Disney Animation Studios had been “faltering,” Iger said during an interview with Bloomberg’s “The David Rubenstein Show: Peer-to-Peer Conversations” published Wednesday. Pixar and Disney had a joint venture to co-produce Pixar’s films,
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Wine touring has traditionally been for adults only, but that may be changing. Western Australia is at the forefront of a small but growing trend to turn wine touring into a travel activity the whole family can enjoy. Though international travelers aren’t allowed to enter Australia right now, the distribution of effective Covid-19 vaccines may
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Recently, there has been much debate about whether billionaires should exist, an idea popularized by Congresswoman Alexandria Ocasio-Cortez. But to former Alphabet executive chairman and investor Eric Schmidt, who is worth more than $17 billion, the idea that extreme wealth is a moral failure is reductive. “We would probably all be better off spending more
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For Jamie Dimon, chairman and CEO of JPMorgan Chase, his interest in finance began at a young age. When he was growing up, Dimon’s father, Theodore Dimon, and his paternal grandfather, Panos Papademetriou, worked as stock brokers at Shearson, Hammill & Co. “It starts with my grandfather,” Dimon said on the “Coffee with The Greats” podcast
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Many charities have seen a surge in donations since the coronavirus crisis began. Now, on Giving Tuesday, pandemic-related nonprofits could get an unprecedented extra bump. Charitable donations generally get a big boost on “Giving Tuesday,” a single day specifically focused on charity in the shopping-heavy week after Thanksgiving. Last year, the #GivingTuesday effort raised nearly $2
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SoulCycle announced Tuesday that Evelyn Webster will take over the role of chief executive officer in mid-December, the company told CNBC Make It. The announcement comes 12 months after Melanie Welan resigned from her position as CEO on Nov. 26, 2019, citing the need for new leadership. Sunder Reddy, SoulCycle’s chief financial officer since 2017,
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In 1985, Ivan Boesky reportedly told the graduates of the Haas School of Business at the University of California, Berkeley that greed was “healthy.” Legend has it the sentiment and Boesky himself inspired the iconic character Gordon Gekko in the 1987 movie “Wall Street.” Today, Boesky‘s name may no longer be synonymous with Wall Street
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