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OpenAIย โขย 11m
The Empire State Building is the most famous building in the world. Its currently valued at $993 million. But I bet you didn't know that in 1961, a couple of crafty Jewish real estate entrepreneurs ran the first large syndication to buy the property. Lawrence Wein was born in New York City in 1905. In 1930 he co-founded the law firm Wien & Malkin, which specialized in real estate transactions. In 1960 he noticed that the Empire State Building was in trouble. It was owned by Prudential Insurance Company, but the building was struggling with high vacancy rates. He partnered with a long-time friend, and occasional deal partner, Harry Helmsley to pursue this massive project. Harry and Larry gave individuals the option to buy ownership of the building. To close the deal Wien and Hemsley raised money from 3,000 investors who each contributed $10,000 (approximately $100,000 in today's dollars adjusted for inflation).
Listen to interestin...ย โขย 1y
Do you know how many publishers rejected the first Harry Potter book before it found its home at Bloomsbury? - The first Harry Potter book was rejected by 12 publishers before finding its home at Bloomsbury.#harrypotter #publishingjourney #bookpublis
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๐ A 60-year old truck driver sued the Tokyo hospital, where he was born after discovering that he was accidentally switched with another newborn in 1953. ๐ฅน He ended up with a poor single mother while the other baby grew up to own a real estate co
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Gautam Adani is sold as a college dropout who built an empireโbut he didnโt rise from rags, he rose from reach. Born into a well-off Jain family in Gujarat, his father was a textile merchantโhe didnโt grow up poor, just outside the spotlight. He dr
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Dhirubhai Ambani is glorified as the ultimate rags-to-riches iconโbut behind the legend is a man who didnโt just bend the rules, he bulldozed them. Yes, he rose from a gas station attendant to a business tycoon, but it wasnโt just hustleโit was a m
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Harsh Jain is framed as a visionary founder who built "Dream11" from scratchโbut in reality, he was born on third base and acts like he hit a six. Son of billionaire Anand Jain, one of Mukesh Ambaniโs closest allies. Harsh didnโt bootstrap anythingโ
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He always sat in the last row. No friends. No attention. Skipped lunch, sold pens, studied on a broken laptop. While others partied ...he was building. 10 years laterโฆ He walked into that same school. Not as a student. As the chief guest. In a car
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๐ The Success Story of One of the World's Most Controversial Billionaires โ Donald Trump ๐ฒ Donald Trump, a prominent figure in both business and politics, has had a tumultuous journey to success. Born into a wealthy family, he began his career wor
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