As Congressman Hull envisioned long ago, the ultrawealthy typically hold fast to shares in the companies they’ve founded. Many titans of the 21st century sit on mountains of what are known as unrealized gains, the total size of which fluctuates each day as stock prices rise and fall. Of the $4.25 trillion in wealth held by U.S. billionaires, some $2.7 trillion is unrealized, according to Emmanuel Saez and Gabriel Zucman, economists at the University of California, Berkeley.
Check out more on how fashion brands can go viral on TikTok, here.
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In early April, Best Buy announced the limited rollout of Best Buy Beta, its new paid membership. As of now, the $200 yearly membership (which has to be purchased in-store) is limited to shoppers in Iowa, Minnesota, North Carolina, Oklahoma, Pennsylvania, South Carolina, and Tennessee. Membership perks include:
Pay your money the healthy respect it deserves, but don’t let it rule your life.
As in-app purchasing continues to grow, Instagram has announced even more ways for personal brands and influencers—what the platform calls creators—to earn a living through social media.
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