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☆ Bernard Arnault just took the Number 1 spot on Forbes' annual billionaires list for the first time. Here's how he built LVMH into a luxury goods empire and became the richest person in the world.
▼ + stars: | 2023-04-04 | by ( Katie Warren | Avery Hartmans | Sarah Jackson | ) www.businessinsider.com time to read: 1 min

Now, a banner year at LVMH has propelled Arnault to the No. 1 spot on Forbes' annual ranking of the world's richest people for the first time, surpassing Elon Musk and Jeff Bezos along the way. Arnault's net worth is currently $211 billion, up $53 billion in the past 12 months for the biggest gain of any billionaire on the list this year. ERIC PIERMONT/AFP/Getty ImagesSource: ForbesMarissa Perino contributed reporting. Taylor Nicole Rogers contributed to an earlier version of this story.

☆ A Michigan couple paid off their $200,000 mortgage in 4 years. They broke down how they did it to find financial freedom and build up their kids' college funds.
▼ + stars: | 2023-02-08 | by ( Alcynna Lloyd | Libertina Brandt | Natasha Solo-Lyons | ) www.businessinsider.com time to read: +3 min

Andy and Nicole Hill paid off a $195,000 mortgage in about four years with income from $150,000. The Hills' annual household income ranged from about $150,000 to $180,000 during the years they were paying off the mortgage. That means every dollar of their monthly income was assigned a purpose. Andy gave Insider an exclusive look at a monthly budget sheet from May 2016, when the couple was paying off the mortgage in earnest. Keeping reading for an inside look at how Andy and Nicole rationed their monthly income while paying off their mortgage.

He is also strict on alcohol, even putting Rob Gronkowski on a drinking diet. But Brady does occasionally splurge, — including on New Year's Eve, apparently, as he said on Instagram that he was curing his hangover with some TB12 electrolytes on New Year's Day 2018. Source: Business Insider

Loading Something is loading. Access your favorite topics in a personalized feed while you're on the go. Known as samsas, these pastries come in all shapes and sizes and are always baked in vertical tandoor ovens. The result is a crispy and flaky outside layer that cocoons a steaming-hot meat center. We visited Samsa Markazi, a popular restaurant in Namangan, Uzbekistan, that makes 20 different types of samsas and sells nearly 3,000 of them every weekend.

☆ How 40,000 people are fed daily during Baba Milan in Rajasthan, India
▼ + stars: | 2023-02-06 | by ( David Valerio | Nicole Raucheisen | ) www.businessinsider.com time to read: +1 min

Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. And since the 1990s, the kitchen has relied on concentrated solar power to generate steam and cook most of these meals. We visited the headquarters during a special holiday known as Baba Milan to see how the volunteers prepare these meals in such big batches.

☆ Woman puzzled by $200 pet fee — to have a fish — while apartment hunting in Kansas City; policy says 'no aggressive breeds' of fish are allowed
▼ + stars: | 2023-02-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

A St. Louis woman discovered a rather odd pet policy regarding fish while apartment hunting. According to the listing, a pet fish is allowed for a one-time fee of $200, and a monthly "pet rent" of $15, but there's strictly "no aggressive breeds" permitted. Her fellow TikTokers poked fun at the $200 fee for a fish and the restrictions against potentially aggressive fish breeds. Resource site Aquarium Source describes Oscar fish as aggressive bullies who "will attack and eat any vulnerable fish." Others shared their own stories of being charged hundreds for one fish as part of a pet policy.

☆ Jack Ma, who disappeared from public view in 2020, has resurfaced in Thailand. Here's how the Alibaba and Ant Group founder got started and amassed a huge fortune.
▼ + stars: | 2023-01-07 | by ( Madeline Stone | Avery Hartmans | Sam Tabahriti | ) www.businessinsider.com time to read: +1 min

Jack Ma, the billionaire founder of Alibaba and Ant Group, resurfaced in Thailand on Friday. Ant Group said Ma will give up control of the fintech company amid closer scrutiny from Beijing. He grew up poor and faced multiple job rejections but amassed billions. Jay Fai restaurant in Bangkok, Thailand, posted a photo of Ma, which he appeared to have just visited. The billionaire faced a crackdown from Chinese regulators in 2020 that resulted in an antitrust investigation, a suspended IPO, and Ma losing $12 billion of his fortune in just a few months.

U.S. President Joe Biden, a Democrat, had campaigned on overturning Trump's hardline immigration measures before taking office in 2021 but kept Title 42 in place for more than a year. A federal judge last month ruled Title 42 was unlawful in response to a lawsuit originally brought by asylum-seeking migrants represented by the American Civil Liberties Union. Hours later, Chief Justice John Roberts in a brief order issued a stay that will leave Title 42 in place until further notice from the court. DHS last week updated a six-pillar plan that calls for the expanded use of a fast-track deportation process if Title 42 is terminated. In El Paso, shelters have struggled to provide for arriving migrants even as many ultimately are headed to join relatives in other parts of the United States.

REUTERS/Jordan VonderhaarWASHINGTON/CIUDAD JUAREZ, Mexico, Dec 19 (Reuters) - The U.S. Supreme Court on Monday said COVID-era restrictions at the U.S.-Mexico border that have prevented hundreds of thousands of migrants from seeking asylum should be kept in place for now, siding with Republicans who brought a legal challenge. U.S. President Joe Biden, a Democrat, had campaigned on overturning Trump's hardline immigration measures before taking office in 2021 but kept Title 42 in place for more than a year. A federal judge last month ruled Title 42 was unlawful in response to a lawsuit originally by asylum-seeking migrants represented by the American Civil Liberties Union (ACLU). Hours later, Chief Justice John Roberts in a brief order issued a stay that will leave Title 42 in place until further notice from the court. In El Paso, shelters have struggled to house newcomers even as many ultimately are headed to join relatives in other parts of the United States.

The temporary order from the nation's highest court means Title 42 will stay in place until further notice from the court. Title 42, aimed at slowing the spread of COVID-19, was issued in March 2020 under Republican former President Donald Trump, an immigration restrictionist. Jean-Pierre stressed that migrants entering illegally could still be removed via other means even if eventually Title 42 goes away. "Truly, I am asking from my heart for the opportunity to enter" the United States. In El Paso, shelters have struggled to house newcomers even as many ultimately are headed to join relatives in other parts of the United States.

[1/5] A Texas National Guardsman watches as a group of migrants wades across the Rio Grande as U.S. border cities brace for an influx of asylum seekers when COVID-era Title 42 migration restrictions are set to end, in Eagle Pass, Texas, U.S. December 18, 2022. But because of an ongoing legal battle, it remains unclear whether Title 42 will end on Wednesday. For months, El Paso has been receiving large groups of asylum-seeking migrants, including many Nicaraguans who cannot be expelled to Mexico. On Saturday, the city's mayor declared a state of emergency to move migrants from city streets as temperatures have dropped below freezing. In El Paso, shelters have struggled to house incoming migrants, straining limited resources that are already accommodating the local homeless population.

☆ Sandy Hook families focus on pushing for change, decade after shooting
▼ + stars: | 2022-12-09 | by ( Daniel Fastenberg | ) www.reuters.com time to read: +4 min

[1/3] A general view of Sandy Hook prior to the 10th remembrance of the Sandy Hook school massacre in Newtown, Connecticut, U.S., December 8, 2022. He was among 20 first graders gunned down inside Sandy Hook Elementary in Newtown, Conn., on Dec. 14, 2012. At least 11 school shooting plots have been foiled in recent years because of the training Sandy Hook Promise provided, the group says. Speakers included former U.S. President Barack Obama, who was in the White House when the Sandy Hook shooting took place. Mark Barden, whose son, Daniel, was killed at Sandy Hook, co-founded Sandy Hook Promise with Hockley.

WASHINGTON — The Supreme Court on Monday questioned whether an ex-aide to former New York Gov. Andrew Cuomo was lawfully convicted on a bribery charge as it considered narrowing the scope of a federal law aimed at curbing public corruption. Percoco says that because he was not working for the government at the time, he had no duty to provide honest services. The court on Monday is also hearing a second case arising from the same New York corruption investigation. Several others targeted in the investigation, including Aiello, have their own appeals pending at the Supreme Court.

☆ Amazon founder Jeff Bezos pledged to donate the majority of his wealth to charity. Here's how he currently spends his $122 billion fortune, from giant underground clocks to space exploration.
▼ + stars: | 2022-11-16 | by ( Hannah Towey | Katie Canales | ) www.businessinsider.com time to read: +1 min

Jeff Bezos has amassed a $122 billion fortune since founding Amazon in 1994, per Bloomberg. Bezos stepped down as Amazon CEO in mid-2021 after seeing a pandemic-era surge in wealth. He recently announced plans to donate the majority of his fortune to various charities. Billionaire Amazon founder Jeff Bezos has become one of the wealthiest and most recognizable figures in the tech world. In November, Bezos announced plans to donate the majority of his fortune to charity, a commitment he had until recently shied away from.

☆ Retailers acclerate shift to forest friendly fibres at COP27
▼ + stars: | 2022-11-14 | by ( Virginia Furness | ) www.reuters.com time to read: +2 min

REUTERS/Maxim ShemetovLONDON, Nov 14 (Reuters) - Retailers including H&M (HMb.ST), Kering <PRTP.PA and Inditex (ITX.MC) will purchase over half a million tonnes of low-carbon alternative fibres for clothing and packaging to help reduce global emissions, they said Monday. The announcement by 30 retailers coincides with COP27 climate talks taking place in Egypt until the end of this week to seek to step up ambition on curbing global warming. Retailers agreed to purchase 550,000 tonnes of alternative fibres - made from waste textiles and agricultural residues instead of forest fibres - which will prevent the release of around 2.2 million tonnes of greenhouse gas emissions, NGO Canopy, which convened the group, said. Lower carbon fibres make up a tiny fraction of the 7.5 million tonnes of man-made fibres produced each year, which Rycroft said was in part because of the challenge of accessing finance to scale new technologies. The agreement will help to unlock finance for 10-20 low footprint pulp mills to produce these alternative fibres by securing offtake aggrements from retailers, Canopy said.

Nicole, newly classified as a hurricane, was packing sustained winds of up 75 miles per hour (120 km per hour) as it made landfall on Grand Bahama Island, the Miami-based National Hurricane Center reported. Grand Bahama, Bimini and the Berry Islands in the northwest corner of the island nation remained under a hurricane warning. As the storm closed in earlier in the day, some Bahamas residents fled their homes amid fierce winds and flooding. Storm surge caused widespread devastation to Florida's Gulf Coast when the last major storm, Hurricane Ian, crashed ashore there on Sept. 28, causing an estimated $60 billion in damage and claiming more than 140 lives. Several counties along the Florida coast issued mandatory orders and voluntary evacuation advisories for homes near the shore and on barrier islands.

☆ Georgia voters have their final say in the 2022 midterms, rejecting misinformation and the state of modern politics: 'There are just too many crazy people out there'
▼ + stars: | 2022-11-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

While some pointed to their civic duty and a dislike of the GOP for voting, others cited trust. "We just can't have it where people can just spill out false information," an Atlanta-area voter told Insider. Another voter, Dani, who declined to giver her last name, decried the state of negative advertisement in modern politics. "There's no way that Herschel Walker should represent any city, state, country, you name it," he told Insider. At Druid Hills High School in suburban DeKalb County, Jim Perkins told Insider that there were "too many crazy people" in politics and he had to cast a ballot because of it.

☆ Kentucky children’s agency is taking ‘additional action’ against foster care facility where 7-year-old boy suffocated
▼ + stars: | 2022-11-04 | by ( Safia Samee Ali | Safia Samee Ali Is A Reporter For Nbc News Digital | Based In Chicago. | ) www.nbcnews.com time to read: +6 min

The Kentucky agency charged with overseeing state youth centers said it has taken new action against the nonprofit organization that operates a Louisville foster care facility where a 7-year-old boy suffocated to death in July. The Kentucky Cabinet for Health and Family Services took “additional action” against Uspiritus on Wednesday, Susan Dunlap, a spokesperson for the agency, said in a statement. The cabinet will not tolerate placing children anywhere where their safety and well-being are not prioritized,” Eric Friedlander, secretary of the Kentucky Cabinet for Health and Family Services, said in a statement following the additional action. The facility said it “dismissed” the two employees who it says were involved immediately after the incident and the Kentucky Cabinet of Health and Family Services suspended new foster care placements at Brooklawn. The health and safety of the Brooklawn family is always our top priority,” Uspiritus, which also operates Brooklawn’s sister facility, Bellewood, said in a statement following the boy’s death.

Among the violations “confirmed” by state investigators from the Kentucky Cabinet were improper use of restraints and aggression by staff members. As of Oct. 20, 32 children who are in state custody remained in Brooklawn’s care, according to the facility. Police and state officials say they are still investigating Ja’Ceon’s death, and no charges have been filed. Brooklawn said the facility has implemented new safety measures and increased training for staffers who provide direct care to children. This type of incident should never be allowed to happen again.”Some child advocates say Ja’Ceon’s death should prompt systemic change.

But despite the occasional lavish trip, Brady and Bündchen were the rare celebrity couple that can actually afford to live a megastar lifestyle but opted to live more modestly — relative to other high-earning megastars, at least. Now they live separately. Kevin C. Cox/Getty Images

How to shop for a mortgage in 5 stepsIf you plan to use a mortgage loan to buy a house, comparing your options is critical to getting the best deal. "Your credit score determines the rate you get, and the higher the score is, the better the rate becomes." With mortgages, you have two options: a fixed interest rate or a variable interest rate, also called an adjustable rate. Insider's Featured Mortgage Lenders Rocket Mortgage by Quicken LoansAmeriSave Mortgage Corporation MortgagesNew American Funding Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. It could help save you significantly on your interest rate, payment, and long-term costs as a homeowner.

☆ Ron DeSantis said the migrants he flew to Martha's Vineyard 'hit the jackpot' — but immigration experts say the stunt more closely resembles a 'different shade of family separation'
▼ + stars: | 2022-09-20 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Ron DeSantis defended his decision to fly dozens of migrants from Texas to Martha's Vineyard. Over the weekend, he suggested that those migrants "hit the jackpot" by landing in Massachusetts. "Florida is not on the US-Mexico border, so the migrants were transported to Martha's Vineyard from Texas on Floridians' dime." It's carefully-chosen language on DeSantis' part but doesn't represent the reality for most migrants, according to immigration experts. The migrants who landed in Martha's Vineyard last week were given misleading brochures promising cash assistance and job placement services before touching down on the island, according to lawyers for the migrants.

☆ Here are all the famous people Jeffrey Epstein was connected to
▼ + stars: | 2022-06-28 | by ( Taylor Nicole Rogers | Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Jeffrey Epstein was known for jet-setting with the likes of billionaires, presidents, and princes. Epstein died by suicide in jail in 2020, as he awaited trial on charges of sex trafficking minors. "I invest in people — be it politics or science," Epstein was known to say, New York Magazine reported. Epstein, 66, died by suicide in a Manhattan jail on August 10, 2020, as he awaited trial on charges of sex trafficking of minors. Here's what we know about the famous people who crossed paths with Epstein.

Persons: Jeffrey Epstein, Leon Black, Les Wexner, Prince Andrew, Epstein, —, Jeffrey Epstein's Organizations: Service, Brands, US, Islands, Wall Street, The New York Times, Hollywood, , New York Magazine, Jersey's Teterboro Locations: Florida, US Virgin Islands, ,, Manhattan, Jersey's, New York City

Before Bumble, Wolfe Herd cofounded rival dating app Tinder. When Wolfe Herd took Bumble public in 2021, she became the youngest female CEO to do so. Wolfe Herd is married to a Texas oil heir, has two kids, and splits time between her homes in Texas. A representative for Wolfe Herd at Bumble did not respond to Insider's request for comment on Wolfe Herd's career, net worth, or personal life. Keep reading to learn more about Bumble CEO Whitney Wolfe Herd.

☆ Meet Thomas Healy, the self-made billionaire who just became the youngest CEO of a publicly traded company
▼ + stars: | 2020-10-07 | by ( Taylor Nicole Rogers | ) www.businessinsider.com time to read: +5 min

After his electric truck startup debuted on the New York Stock Exchange Friday, Thomas Healy became both the youngest CEO of a publicly traded company and one of America's youngest self-made billionaires. Healy has an estimated net worth of $1.6 billion, per a Business Insider analysis. In an exclusive interview with Business Insider, Healy shared what it's like to become a billionaire overnight. Now that Healy is the youngest CEO of a publicly traded company in the US and among its youngest self-made billionaires, it seems like he can barely believe it himself. "I think the best word I can use to describe it is surreal," Healy told Business Insider.

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