Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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The key to happiness is spending your money on experiences rather than possessions, according to studies.
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Between 2007 and 2012, Bill Gates gave away $28 billion; saving 6 million lives.
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Rick Harrison of the hit reality show Pawn Stars, dropped out of high school in 10th grade because he was making $2000 a week selling fake Gucci bags.
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Al Capone earned $105m per year from alcohol and rackets during the Prohibition era. Today, this would be equivalent to $1.4b per year.
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