Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
6
The co-founder and CEO of SnapChat, 23-year-old Evan Spiegel, turned down an offer of $3 billion from Facebook and then a $4 billion bid from Google.
7
The key to happiness is spending your money on experiences rather than possessions, according to studies.
21
Al Capone earned $105m per year from alcohol and rackets during the Prohibition era. Today, this would be equivalent to $1.4b per year.
7
Oprah Winfrey makes $10 per second.
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Self-made millionaire Harris Rosen adopted a Florida neighborhood called Tangelo Park, cut the crime rate in half, and increased the high school graduation rate from 25% to 100% by giving everyone free daycare and all high school graduates scholarships.
20
Singapore has the world’s highest percentage of millionaires, with one out of every six households having at least $1,000,000 US dollars in disposable wealth.
8