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Navigating a busy college schedule while running your own business is even harder. For Elena Bonvicini, who founded the viral clothing brand EB Denim in high school, scaling her business during her time at the University of Southern California was a tall order. By the time she was a junior, EB Denim was bringing in over $1 million in revenue and Bonvicini was managing a handful of employees and interns. She would then have those jeans reworked into new designs, set up shop in her sorority house and invite her Kappa Kappa Gamma sisters to browse the selection. If she could drop out of school, Bonvincini thought, she would have even more time to grow her business.
Persons: Elena Bonvicini, EB, Bonvicini, Bonvincini, wouldn't Organizations: University of Southern, CNBC, Melrose Trading, Flea, Kappa Kappa Gamma Locations: University of Southern California
PHILADELPHIA — The future of Philadelphia’s Market East community in Center City is now crystal clear as City Council has voted to approve a $1.3 billion plan to bring a brand new arena for the Philadelphia Sixers to the neighborhood. Philadelphia City Council has voted to support the legislative package that would bring a new $1.3 billion arena for the Sixers to Market Street. Leading to the vote, there were protests and arrests at the council meeting of those opposed to the new arena. For some time, as City Council President Kenyatta Johnson attempted to start the meeting, chants of “shame” filled the chambers. City Council has been holding meetings since September focused solely on the arena plan.
Persons: Kenyatta Johnson, , Johnson, Johnson —, Daisy Cruz, ” Paul Brown, Jamie Gauthier, Rue Landau, Jeffery Young, Kendra Brooks, Nicolas V, What’s, Mark Squilla, ” Squilla Organizations: PHILADELPHIA, Philadelphia’s, City, Philadelphia Sixers, City Council, “ City, Philly, Philadelphia City, Sixers, NBC Philadelphia, SEIU, Families Party, Party, CBA Locations: Center City, City, City Hall, , Chinatown, Market, Filbert
Barbara Corcoran has homes all over the country, but the self-made millionaire won't shell out for first class plane tickets to travel between them. "The way I figure it is, a coach ticket [costs] about 25% of a first-class ticket," Corcoran said while appearing on The Jamie Kern Lima Show. For Corcoran, being able to give free trips for her family is more important than being "comfortable in first class" for a few hours. It's not the first time that Corcoran has discussed her frugality when it comes to travel. Speaking to CNBC Make It in 2018, the entrepreneur said she "couldn't fathom justifying" the price tag of a first class or business class ticket.
Persons: Barbara Corcoran, Corcoran, Jamie Kern, It's, I've Organizations: Corcoran, CNBC
Sixteen years after she first came up with the idea for her perfect beach bag, Bogg Bag is on pace to rake in $100 million in revenue this year. These days Bogg Bags come in three sizes and dozens of colors, with prices ranging from $55 for the smallest to $100 for the largest. Kim Vaccarella Bogg Bag Founder & CEOWhen her initial inventory sold out, Vaccarella was ready to make a major financial commitment to the business. "As someone who always envisioned Bogg Bag to be a Nordstrom bag or a Bloomingdale's bag, I knew I couldn't sell these. She put in her notice after 26 years in real estate and focused on expanding Bogg Bag's footprint across the country.
Persons: Kim, Vaccarella, Kim Vaccarella, I've, Lucille Ball, she'd, Crocs, Vaccarella's, Rosario, Hurricane Sandy, , Bogg, who's Organizations: CNBC, eBay, Monopoly, Hurricane Locations: Jersey Shore, China, New Jersey, Hurricane, Vaccarella
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow a NJ mom turned a failed beach bag into a $100 million a year businessIn 2008, New Jersey mom Kim Vaccarella started a side hustle after deciding to create a suitable and easy-to-clean beach bag. However, after a botched shipment in 2011 of over 1,000 bags for $30,000, Kim had given up on her business -- but then was given a lifeline three years later in the form of a $120,000 investment. Today, the company is projected to bring in $100 million in revenue for 2024.
Persons: Kim Vaccarella, Kim Locations: NJ, New Jersey
Its AI-enabled long-range surveillance drones have been used by Ukrainian forces. AdvertisementOne such company is Tekever, a Portuguese drone maker that recently secured funding from the NATO Innovation Fund. Tekever's drones are equipped with multiple sensors, including cameras, maritime radar, synthetic aperture radar (SAR), and light detection and ranging (LIDAR). Two of Tekever's systems, the AR5 and AR3, have been used by Ukrainian forces for long-range surveillance operations in the war with Russia. A Ukrainian Volunteer Army member hurls a surveillance drone into the air.
Persons: Ricardo Mendes, Tekever, Sanaz, " Mendes, Robert Brovdi, Nicolas van Hanxleden, Lynsey Addario, Mendes Organizations: Ukrainian, NATO Innovation Fund, Service, Ukrainian Volunteer Army Locations: Portuguese, Lisbon, Ukraine, Russia, Moscow, Kyiv, Southampton
At 87 years old, director Ridley Scott has seen a tremendous amount of success over the course of his career. His films have grossed billions at the box office and taken home nine Academy Awards, including Best Picture for 2000's "Gladiator." Scott explained that Kael "destroyed Blade Runner in four pages" in the New Yorker, likening the review to "industrial espionage, because you're destroying a product before it's out." But more than forty years and 26 films later, Pauline Kael's review still sticks with the octogenarian director. For his part, Scott said he stopped reading reviews entirely — whether good or bad — after being hurt by Kael's response to "Blade Runner."
Persons: Ridley Scott, Scott, Fede Alvarez, Pauline Kael, Kael, Pauline Kael's, It's, Jenny Wang Organizations: CNBC, Hollywood Reporter Locations: Houston
For Kidman, working steadily is about much more than seeing herself onscreen: she is aware that her star power has the ability to create work for others. "It's very hard for me to go, 'Okay, I'm just going to take care of myself,' because I'm so much about taking care of other people," Kidman told Variety earlier this year. "I'm thinking, 'I can create more work for people. "I love what I do so I'm going just give it my all, and then I don't go out. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Nicole Kidman, Kidman, Variety, Annie Organizations: CNBC
A crypto millionaire has hidden millions of dollars worth of treasure across the United States — and published a book on how to find it. In his new book, "There's Treasure Inside," Collins-Black writes about the pricey objects he hid and gives clues to determine their locations. Collins-Black said he doesn't know the real value of the treasure, but noted that "I personally spent well over two million dollars on this treasure." "I wanted to put more value in a treasure chest than ever before," he told CNN earlier this month. Collins-Black's treasure hunt is meant to be difficult, but not dangerous.
Persons: United States —, Jon Collins, Black, Collins, aren't, " Collins, George Washington, Forrest Fenn Organizations: CNN, CNBC Locations: United States, Collins
While Saturday Night Live is known for minting stars, the comedians whose careers have been launched by the show all started at the bottom of Studio 8H. Purchases ranged from shoes to furniture, but many of the cast shared a similar sentiment: first-year writers don't make as much money as you probably think they do. Here's what the SNL stars and alumni told the magazine:Pete Davidson: "Do you guys know what they pay us? Seth Meyers: "I went to, like, a Crate & Barrel and I got a really big couch and then I went to a Best Buy and I got a really big TV." It's not the first time that SNL stars have talked about how they've spent their money.
Persons: Pete Davidson, James Austin Johnson, Julia Louis, Dreyfus, Rachel Dratch, Sarah Silverman, Jason Sudeikis, Sarah Sherman, Cheri Oteri, Seth Meyers, Bowen Yang, Gucci, It's, they've, Davidson, Colin Jost —, , Jost Organizations: 8H, New York Magazine, SNL, Saks, CNBC Locations: York, Staten, New York
On November 13, 2024, Jahque Bryan-Gooden reported her 23-year-old sister, Jahnay Bryan, missing. Jahnay Bryan Jahque Bryan-Gooden“The last time I actually personally spoke with my sister was via email. Bye.”Jahnay Bryan Jahque Bryan-GoodenJahque assumes Jahnay was living in East Stroudsburg when she sent that email, though she is unsure. Jahnay Bryan Jahque Bryan-GoodenAfter that phone call, a few of Jahque’s friends in the LA area went to check out an area of West 8th Street where Jahnay had reportedly been seen. And she, you know, she’s someone that people love to be around.”Jahnay has black hair and brown eyes.
Persons: Jahque Bryan, Gooden, Jahnay Bryan, ” Jahque, , Jahque, Jahnay, she’s, Jahnay Bryan Jahque Bryan, Gooden “, ” Jahnay Bryan Jahque Bryan, Gooden Jahque, Jahnay’s, “ Jahnay, Drake Madison, , , hasn’t, ” Jahnay, Avalos, Tipsters Organizations: Cornell University, Department of Water Management, Dateline, LAPD, 8th, LAPD Media, Unit, www.lapdonline.org Locations: East Stroudsburg , Pennsylvania, Jahnay, East Stroudsburg, it’s, LA, West, California
When Auli'i Cravalho was cast in Disney's "Moana," the teen and her mom were living on food stamps. "I slept in the bedroom, my mom slept on the couch," Cravalho, who was 14 when she was cast, explained. "My parents were like, 'Listen, if [Moana] doesn't go anywhere, you need to finish high school. After the movie became a success, Cravalho said she could sometimes "be a little s---" about doing her homework after a long day spent promoting the film. "She'd take money out of the house mortgage and lend me money," she said at the time.
Persons: Auli'i Cravalho, Cravalho, She's, Margot Robbie, I've, Chris Hemsworth, Michael B, Jordan Organizations: Hollywood, CNBC Locations: Moana, Hawaiian, Mililani
Whitney and her mother, 35-year-old Lesley Woodman, were supposed to go to Party City that day to get supplies for the celebration. “The last time I spoke to her was the night beforehand,” Whitney told Dateline. “I just decided to stop by her work,” she told Dateline. “You’d be in a bad mood and she’d come around and, I mean — you’d be in a good mood,” he told Dateline. “That was a big, big deal.” Lee told Dateline he left for work the next morning while Lesley was still sleeping.
Persons: Whitney Burr, Whitney, Lesley Woodman, , ” Whitney, couldn’t, , Lesley, Ellis Lee Bentley, ” Lesley Woodman Whitney Burr Jimmie Guyton, Jimmie, “ Lesley, , ” Lesley Woodman Whitney Burr Whitney Burr, Lee . Lee, Lesley “ wouldn’t, ” Lesley, Lee, “ You’d, ” Lee, Lesley Woodman Whitney Burr, Robert Guyton, Robert, “ Bob, ” Jimmie, ” Lesley Woodman Whitney Burr Lee Bentley, Lee’s, Wayne Curry, haven’t, ” Lee Bentley, it’s, Jimmie Guyton, Lesley Woodman’s Organizations: , Dateline, Jefferson, Sheriff’s Locations: City, Bessemer , Alabama, Florida, Alabama, Bessemer, Lesley, Jefferson
After breaking out in "The Goonies" in 1985, Brolin's acting career sputtered in the late 80s, through the 90s and into the 2000s. "I spent 22 years just trying to work," Brolin, whose Hollywood prospects were so dismal at points that he turned to stock trading to make a living, said in an appearance on "In Depth with Graham Bensinger." The two roles would turn his fortunes around, both in terms of landing steady acting work, as well as financially. Brolin's career has taken off since then, with star turns in films like "Dune," "True Grit" and "Sicario." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Josh Brolin's, Brolin's, sputtered, Brolin, Graham Bensinger, Ridley Scott's, He's, Chris Pine, they'd Organizations: Hollywood, CNBC
Rob Gronkowski has four Super Bowl rings to his name, but one of his biggest wins came off the field. urged him to invest in Apple, Gronkowski decided to give it a shot. At that point, Gronkowski cashed out his initial $69,000 investment and left the rest to grow. While his Apple investment paid off handsomely — the company's stock is up more than 1,000% since 2014 — Gronkowski didn't need the financial assist. The Super Bowl champion famously refused to spend his NFL paychecks, choosing instead to live off of his endorsement money.
Persons: Rob Gronkowski, Gronkowski, I'd, Pro Bowler, paychecks Organizations: Fortune, Patriots, Apple, NFL, Bowl, CNBC Locations: Foxborough, New England
Keke Palmer knew early on that she was the main breadwinner in her family. When she landed her own show, Nickelodeon's "True Jackson, VP" in 2008, Palmer realized she was out-earning her mom and dad. "My parents, at their best, made $40,000 a year," Palmer said during an appearance on Shannon Sharpe's "Club Shay Shay" this week. Even when her parents gave her sister a monthly allowance from the money she was making, Palmer explained that she was happy to share. My mom gave up everything so she could travel with me."
Persons: Keke Palmer, Jackson, Palmer, Shannon Sharpe's, Shay Shay Organizations: CNBC Locations: showbusiness
That kind of energy, they thought, was missing from the pasta sauce aisle. "We probably took $150,000 — everything we made from that business, honestly, bottom line — and put it into Sauz," Bonde says. The pasta sauce aisle was crammed with basil marinaras, vodkas and creamy alfredos. Maybe shoppers would enjoy the flavor in their pasta sauce. "If I went and surveyed 1,000 pasta sauce shoppers, I don't think any of them would have said hot honey marinara.
Persons: Troy Bonde, Winston Alfieri, Sauz, they'd, Gen, , Bonde, Alfieri, Covid, I'd, Ally Kroeckel, They'd Organizations: USC, CNBC, NextPace Ventures, Foods, Ford, Mazda Locations: China, WhatsApp, Angeles, California
Denzel Washington is Hollywood royalty, but the two-time Academy Award winning actor can still recall what it was like to think that his acting career might slip away from him. In an interview with British Vogue while promoting "Gladiator II", Washington and costar Paul Mescal were asked when they felt like they had "made it" in their careers. Washington, however, was brought back to the contents of his pantry at the start of his career. "I remember keeping cans of food," he says. "Whenever I stopped hoarding cans of food, I knew I made it."
Persons: Denzel, Paul Mescal, Mescal, he's Organizations: British Vogue Locations: Hollywood, British, Washington
His career prize money sits at $134,946,100, according to ATP Tour data. Those earnings make him the second-highest paid tennis player ever, putting him just ahead of rival Roger Federer's $130.5 million. Nadal's place on tennis' all-time prize money leaderboard is safe for the time being. The 27-year-old will need to take home a little less than $90 million in prize money in order to overtake Nadal. Though he is just 21, Alcaraz's $36 million in prize money already puts him in the top-10 of all time earners.
Persons: Rafael Nadal, , Novak, Nadal, paydays, Roger Federer's, accoridng, Richard Mille, Federer, Andy Murray, Alexander Zverev, Carlos Alcaraz, here's Organizations: ATP Tour, Nadal's, Forbes, Nike, Kia, Nadal
Tom Brady's endless list of accolades include seven Super Bowl rings, three NFL MVP awards and 15 Pro Bowl appearances. But despite all his winning, Brady views his losses as the most important moments of his career. The 47-year-old broadcaster recalled years spent at the bottom of the QB depth chart, first in high school and then in college at the University of Michigan. I had to compete my butt off in high school for four years," he said. Young athletes today are done a disservice by switching schools or athletic programs when things aren't going their way, Brady said.
Persons: Tom, Brady Organizations: Fortune Global, University of Michigan
Long before he was one of the highest paid movie stars in the world, Dwayne Johnson was wrestling for just $40 a match. "When I got into the business of Hollywood and moviemaking, it's like, 'Okay, well, what kind of movies do I want to make?' Johnson said he was methodical about the way he selected his roles, always following the mantra of "Audience first." "It was also an opportunity for me, I realized, to stretch myself in ways that I hadn't been stretched yet," Johnson says. But don't expect Johnson to leave his $40 lesson behind after his dramatic turn.
Persons: Long, Dwayne Johnson, Johnson, Mark Kerr, there's Organizations: United States Wrestling Association, WWF, WWE, Waffle, USWA, UFC, CNBC Locations: Tennessee —, Hollywood
Matthew McConaughey knows that success can lead to making a lot of money, but the actor says that the two are not the same. But McConaughey said he's looking to make a "profit" in his life rather than in his bank account. They couldn't necessarily say what they were good at, just good dealmakers who made the right calls." McConaughey reportedly turned down a $15 million offer to star in a "Magnum, P.I." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Matthew McConaughey, McConaughey, who've Organizations: Guardian, Dallas Buyer's, CNBC
Anna Kendrick had already appeared in two hit "Twilight" films before being cast alongside George Clooney in 2009's "Up In The Air", but she still was a ball of nerves during her first day on set. The actress appeared on "Who's Talking to Chris Wallace" last week while promoting her directorial debut "Woman of the Hour" and credited Clooney for going out of his way to her feel at ease. Kendrick, who was just 23 during production of the film, said that Clooney did his best to help her feel like he was just another actor on set with her. "To other people he is kind of capital G, George, you know?" "And he works really hard to make you forget that and feel comfortable."
Persons: Anna Kendrick, George Clooney, Chris Wallace, Clooney, Kendrick, George
“He wouldn’t miss Thanksgiving dinner,” Susan Baldwin told Dateline about her brother, 57-year-old Kevin Hornburg. Kevin Hornburg Susan BaldwinAccording to Susan, for the prior few months, Bobby had been living in Kevin’s Jamestown, New York, apartment. Susan told Dateline that Brown was the last person to see Kevin around 4 p.m. that day. “He loves being with us.”The Hornburg family Susan BaldwinSusan says she made the 25-minute drive from her home to Jamestown on Thanksgiving morning to help look for Kevin. “Merry called and said, ‘Would you like some help?’ I said, ‘Of course I would,’” Susan told Dateline.
Persons: wouldn’t, ” Susan Baldwin, Kevin Hornburg, Susan, Bobby Hornburg, Kevin, Bobby, , Kevin Hornburg Susan Baldwin, Michael Brown, Brown, “ Mike Brown, ” Susan, , It’s, Susan Baldwin Susan, Kevin’s, Merry Williams, “ Merry, , , ’ ” Susan, ” Merry, They’ve, he’s, “ Kevin A, Hornburg, “ Hornburg, ” James, Susan Baldwin, Danny, James Hornburg Susan Baldwin Susan, ” Kevin Organizations: Jamestown Police Department, Facebook Locations: Jamestown, Kevin’s Jamestown , New York, Western New York
Elena Bonvicini didn't set out to start a multimillion-dollar denim brand worn by the likes of Taylor Swift, Gigi Hadid and Kendall Jenner. Even charging her friends and classmates just $10 or $30 for a pair of jeans, Bonvicini turned a nice profit. Elena Bonvicini Founder, EB DenimAt college, Bonvicini worked diligently to expand EB Denim. This exposure also got EB Denim into high-end retailers like REVOLVE and Selfridges. By the time she was a junior, she says EB Denim was bringing in over $1 million in revenue and had a small handful of employees and interns.
Persons: Elena Bonvicini didn't, Taylor Swift, Gigi Hadid, Kendall Jenner, Bonvicini, Elena Bonvicini, EB, Chiara Ferragni, Danielle Bernstein, Kylie Jenner of, , seamstresses, couldn't, Kylie Jenner, Hailey Bieber, Bella Hadid Organizations: CNBC, Denim, EB, Melrose Trading, Flea, USC Locations: Southern California, Wisconsin, influencers, Kylie Jenner of Italy
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