Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
7
India's richest person, Mukesh Ambani, built a $1 billion home. It has 27 habitable floors, including six parking floors with a capacity to hold up to 168 cars. 600 staff maintain the home.
13
Dr.Jonas Salk, the man who came up with the cure for polio, didn’t patent the drug. This made the drug more affordable to the general public, and he lost out an an estimated $7 billion dollars for himself.
41
If you have 1 billion dollars and spend $1,000 every day, it would take you 2,740 years to go broke.
31
Indian housewives hold 11% of the World’s gold. That is more than the reserves of USA, IMF, Switzerland and Germany put together.
11
Apple co-founder Ronald Wayne sold his 10% share in 1976 for $800. Today, it’s worth over $58 billion.
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