money

Imagine How Stressful Owning an Enormous Mansion Must Be

Andy Cush · 08/15/14 12:15PM

Sure, keeping your crummy first-floor apartment tidy is tough when you're working two jobs just to make rent, but imagine if you had a mansion with a swimming pool and a two-level movie theater. Don't you think that would be harder? Your antique car collection isn't going to wash itself!

BuzzFeed Is $50 Million Richer

J.K. Trotter · 08/11/14 11:47AM

BuzzFeed, an air-conditioned content factory headquartered in New York City, is quite a bit richer today, thanks to a $50 million investment from the powerful Silicon Valley venture capital outfit Andreessen Horowitz. The news was announced in a lengthy write-up in today’s New York Times Business section:

Insurance Company Pays Man's Settlement With $21,000 in Coins

Aleksander Chan · 08/05/14 09:31PM

Andres Carrasco reached a settlement with Adriana's Insurance Service, Inc. this past June following a lawsuit he filed in 2012 in which he alleged an employee of the company physically assaulted him. The company paid his settlement with a check but also, his attorney claims, in buckets of change that amount to more than $21,000.

I Need a Dollar: Should You Give to New York's Homeless?

Paul Cantor · 07/28/14 11:30AM

I met Roger Blondell around 2 p.m. on a Thursday afternoon in early July. A tall chubby black man, Blondell was dressed in worn-in jeans and a shirt that looked like he'd had it on for a few days. Still, he didn't seem quite homeless. We were standing on the corner of 24th Street, at 7th Avenue, across from Whole Foods. "Can you spare some change?" he asked.

A Lot of People Bought Chipotle Last Quarter

Aleksander Chan · 07/21/14 10:54PM

A lot of you have been eating Chipotle lately. Lots. The fast-casual burrito chain posted a 26 percent hike in second quarter profits and same-store sales (or locations open at least a year) are up 17.3 percent. And that was after the first price hike at the company in three years. But who is buying all that Chipotle? Millennials, says founder Steve Ells.

Dead Guru's Followers Stick Him In Freezer, Claim He's "Meditating"

Adam Weinstein · 05/30/14 02:50PM

The family of India's wealthiest guru, with an estate reportedly valued at $167 million, believes he died of a heart attack in late January. But his followers have spirited him away to a temple freezer and refuse to turn his body over because, they say, "he has been in deep meditation."

Adam Weinstein · 05/09/14 12:14PM

Earth will reportedly have trillionaires soon, as many as 11 of them in the next couple of generations. That would be roughly $140 for each human being on earth. Or enough to pay Atlas to stop shrugging and just flip off the rest of the world's population.

How Much Is Too Much to Pay a Rich Person For Being Incompetent?

Adam Weinstein · 05/06/14 10:40AM

Are you rich? No? Then the servicey aspect of this post this probably doesn't apply to you. But if you're rich, you probably want to know how you can be richer, right? Here's the secret: Do less work. And the work you do, do it worse. In other words, be a hedge fund manager!