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☆ Esther Howland was the ‘mother of the American valentine’ who ‘would have killed it on Etsy’
▼ + stars: | 2024-02-13 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +6 min

She would have killed it on Etsy,” says Vanessa Bumpus, exhibit coordinator at the Worcester Historical Museum in Massachusetts. Ornate lace designs were a trademark of Esther Howland's valentines. Courtesy Collection of Worcester Historical MuseumBrightly colored paper placed beneath the lace accentuates the design. Courtesy Collection of Worcester Historical Museum“She’s fresh out of school, launching her own business. The room where the City Council meets is even named after Howland, Bumpus says.

Persons: Esther Howland isn’t, who’ve, Martha Stewart, ”, Vanessa Bumpus, Howland, valentine, ” Howland didn’t, she’s, Nancy Rosin, ” Rosin, Esther Howland's valentines, Rosin, it’s, ‘, ” Bumpus, “, Henry Ford, They’ve, Bumpus, who’s, didn’t, Edward Taft, George C, Whitney Company —, “ Esther, valentines Organizations: CNN, Worcester Historical Museum, National Valentine Collectors Association, Congress, Worcester Historical, Huntington Library, Mount, England Valentine Company, Whitney Company, Worcester —, City Council, New England Patriots Locations: Massachusetts, Worcester, United States, America, Los Angeles, Mount Holyoke, England, Rosin

☆ New billionaire heirs overtake self-made ones as $5.2 trillion wealth transfer begins
▼ + stars: | 2023-11-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

“The great wealth transfer is gaining significant momentum as many billionaire entrepreneurs age,” Benjamin Cavalli, who oversees strategic clients in the global wealth management unit at UBS, told reporters. Their combined wealth rose 9% to $12 trillion, before taking inflation into account. Arnault is the world’s third-richest man, with a net worth of $167 billion, according to the Bloomberg Billionaires Index. Risks and opportunity for UBSThe “staggering” transfer of wealth to younger generations presents a huge opportunity for UBS, but also poses considerable risks, according to Cavalli. Heirs lean more toward impact investing — that is, socially or environmentally beneficial investing — over “classic grant-giving philanthropy,” Cavalli said.

Persons: “, ” Benjamin Cavalli, LVMH's Bernard Arnault, Helene, Frederic, Delphine, Antoine, Alexandre, Bernard Arnault, Arnault, Tesla’s Elon Musk, Jeff Bezos —, —, India’s Gautam Adani, Mukesh Ambani, Cavalli, ”, Morgan Stanley —, Stefan Wermuth, ” Cavalli, Charlie Munger, Henry E Organizations: London CNN, UBS, Bloomberg, Adani Group, Reliance Industries, Suisse, Getty, ”, Berkshire Hathaway, Huntington Library, Art Locations: Paris, Europe, France

(AP) — Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died at a California hospital. Berkshire Hathaway said in a statement that Munger’s family told the company that he died Tuesday morning at the hospital just over a month before his 100th birthday. “Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said in a statement. Munger and Buffett began buying Berkshire Hathaway shares in 1962 for $7 and $8 per share, and they took control of the New England textile mill in 1965. He also gave a significant portion of his Berkshire stock to his eight children after his wife died in 2010.

Persons: Charlie Munger, Warren Buffett, Berkshire Hathaway, ” Buffett, Munger, Buffett, “ Charlie, Buffett’s, Ben Graham, ” Munger, ” Edward Jones, Jim Shanahan, Cathy Seifert, ” Seifert, didn’t, Charles T, See’s Candy, it’s, ”, Investor Whitney Tilson, Tilson, you’ve, ” Tilson, hadn’t, Josh Funk Organizations: Daily Journal Corp, Wall Street Journal, CNBC, Columbia University, Berkshire Hathaway, BNSF, Apple, CFRA, Buffett, Buffalo News, Wesco, Investor, University of Michigan, Army Air Corps, Harvard University, Harvard, Westlake, Stanford University Law School, Huntington Library, Samaritan Hospital, Westlake School, Costco Wholesale Corp Locations: OMAHA, Neb, Berkshire, California, New England, Los Angeles, Pasadena, Munger, Omaha , Nebraska, Omaha, Southern California, “, ”

(AP) — Investor Charlie Munger, who's been Warren Buffett's right-hand man for more than five decades, has made a $40 million gift to a California museum that he's supported in the past. Munger gave 77 Class A Berkshire Hathaway shares to the Henry E. Huntington Library and Art Museum in San Marino, California, according to a filing with the Securities and Exchange Commission. A decade ago, he gave the Huntington museum nearly $33 million worth of Berkshire stock to help pay for a new education and visitors center. Political Cartoons View All 1202 ImagesAfter his latest donation, Munger still holds 4,033 Class A Berkshire shares. Although Berkshire is based in Omaha, Nebraska, where Buffett lives, Munger has long lived in southern California, so much of his charitable giving has been focused on the West Coast.

Persons: Charlie Munger, who's, Warren Buffett's, he's, Munger, Henry E, Susan Turner, Lowe, Turner, Munger's, Buffett's, he'd, he'll, Buffett Organizations: Berkshire Hathaway, Huntington Library, Art Museum, Securities and Exchange Commission, Huntington, Berkshire, Buffett, BNSF Locations: OMAHA, Neb, California, San Marino , California, Huntington, Berkshire, Los Angeles, Omaha , Nebraska, West Coast

It was his Lauren's first NY Fashion Week show since 2019. “For them, if you wore Ralph Lauren, you had made it, you know, and so that became popularized in my house with Polo Ralph Lauren. “Some of my favorite Ralph sweaters are 15, 20 years old,” the actor said, “beautiful cashmere sweaters. We're having a conversation about sustainable fashion right now, and .you can have less things if they're beautiful and they last a long time." “Through the years and years ... he’s stayed true to his designs and the kind of woman that he dresses," she said.

Persons: Ralph Lauren, Jennifer Lopez, Julianne Moore, Diane Keaton, Mindy Kaling, Gabrielle Union, James Marsden, Lauren, Christy Turlington, lacy, Lopez, Moore, Keaton, Amanda Seyfried, Keaton grooving, Keri Russell, Matthew Rhys, Ariana DeBose, Rachel Brosnahan, Robin Wright, Sheryl Crow, Thom Browne, Anna Wintour, Lauren’s, filet mignon, Kaling, she'd, “, Polo Ralph Lauren, ” Brosnahan, Ralph, Sofia Richie, he’s Organizations: Brooklyn, NY, Huntington Library, Brooklyn Navy, Associated Press, Vogue, Colorado — Locations: Bronx, New York, San Marino , California, Kaling, Colorado

☆ The Visions of Octavia Butler
▼ + stars: | 2022-11-17 | by ( Lynell George | ) www.nytimes.com time to read: +27 min

As a science fiction writer, Butler forged a new path and envisioned bold possibilities. Mural with a portrait of Octavia Butler and her name, composed of dots of various densities in 3-D space. In 1995, she became the first science fiction writer to be awarded a MacArthur “genius” grant. “‘Kindred’ was a story of ordinary people trapped in fantastic circumstances,” Butler wrote in a 1988 notebook. Her point of view was one not traditionally found in science fiction and, simply by writing, she demanded a larger world.

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