Saturday, 16 November 2024

[Post 856] How Warby Parker Grew From Eyeglasses Upstart To $1.8 Billion Business





Summary

In 2010, Warby Parker disrupted the $150 billion global eyewear industry with a pair of $95 glasses. Started by four business school students, the pioneering direct-to-consumer eyewear brand has now sold millions of pairs of glasses, both online and in 269 brick-and-mortar stores across the U.S. and Canada. It brought in nearly $670 million in revenue last year, and currently boasts a market value of $1.8 billion.

[Post 855] I Bought A $750K House At Age 23 - Here's How





Summary

Sharon Kim, 24, saw her homeownership dreams come true in early 2024. She partnered with her older brother and his wife to purchase a $750,000 home in New York. Here's how they did it.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

Friday, 15 November 2024

[Post 854] I Pay $460/Month To Live By A Lake In Mexico


Summary 

Janet Blaser, who relocated to Mexico in 2006, recently moved from Mazatlán to San Antonio Tlayacapan. She discovered a charming 2-bedroom yellow house with a yard for $460 a month in rent. Janet is a retired journalist and CNBC contributor.

Thursday, 14 November 2024

[Post 853] Living Together On $268K A Year Near Washington, D.C. | Millennial Money





Summary

Cristina Tello-Trillo, 38, and her husband Sebastian are both economists living in the suburbs of Washington, D.C. with their five-year-old son. Cristina is also an adjunct professor at the University of Maryland and a budding real estate investor. Her and her husband's combined income in 2023 was $268,000.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

[Post 854] How Bill Gates Wants To Be Like Warren Buffett: Retirement 'Sounds Awful'





Summary

Bill Gates shares how he defines success, what the No. 1 unsolvable problem is facing today's young people and compares developing software in the '70s to developing AI tools today.

[Post 852] I Bought A Failing Snack Company For $250K — Now It Brings In $103M A Year





Summary

Wall Street veteran Charles Coristine bought LesserEvil, a failing snack company, in 2011. Now a profitable business known primarily for its coconut oil popcorn, it brought in $103 million in gross sales in 2023. Here's how Coristine is turning LesserEvil into a household name.

Wednesday, 13 November 2024

[Post 851] National Heritage Board to study if 38 Oxley Road is worthy of preservation


Summary

The Urban Redevelopment Authority has put on hold a review of Lee Hsien Yang's application to demolish the property at 38 Oxley Road. Mr Lee is the sole legal owner of the house that was once home to his father, founding prime minister Lee Kuan Yew. The URA is deferring its evaluation, following a decision by the National Heritage Board to assess the site's preservation potential by studying its national, historical and architectural significance. Richa Mathew reports.