The Richest Man in Babylon: 7 Key Takeaways

The Richest man in Babylon is a classic read. Here’s the most important takeaways and how you can apply them to live your rich life.

RAMIT SETHI

Below is another book review installment from Rachel Stephens. Rachel is a 20-something financial analyst.

In the book billed as “the Bible of financial freedom,” George Clason shares a timeless set of principles in The Richest Man In Babylon. His goal, to provide insight to “those who are ambitious for financial success,” is achieved through simple storytelling.

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As a series of short stories, the book teaches straightforward lessons that aim to show that the secrets to wealth building are unchanging and remain applicable throughout history. The common theme of the tales is that a person can work hard, learn from their mistakes, and become wealthy. While none of the concepts are likely to be earth-shattering for most readers, they encapsulate the fundamentals that are the basis to money management.

Despite titular connotations, The Richest Man In Babylon is not religious. That said, the book’s format and diction will likely feel familiar to any who have attended Sunday school. Similarly to Sunday school, while there are many great truths to be learned, it can also be difficult to stay awake at times. Another effect of framing the book this way is that the advice given comes across as “Biblical” and infallible. While I do believe that the book is full of sound principles and a strong basic framework, I also feel some of the details are debatable.

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The primary lesson comes from Arkad, the proclaimed richest man in Babylon. At the bequest of the King, Arkad shares his “seven cures to a lean purse” so that both individuals and society as a whole can reap the benefits of fiscal growth.

  1. Start thy purse to fattening. This point is actually the crux of the book: the classic principle of paying yourself first. Clason recommends saving at least 10% of all income earned. Even in his example of those who are paying off debt, he still advocates setting aside this one-tenth. If you want to save money for your future, you must begin by consistently setting aside part of your earnings today.
  2. Control thy expenditures. Essentially, this is learning to live within your means and avoiding lifestyle inflation.  Clason deems lifestyle inflation to be an ‘unusual truth’ of humanity and states, “what each of us calls our ‘necessary expenses’ will always grow to equal our incomes unless we protest to the contrary.”
  3. Make thy gold multiply. Your wealth should extend beyond your income. Put your money to work by making smart investments and taking advantage of time and compounding interest.
  4. Guard thy treasures from loss. Here, the book encourages the protection of principle from loss. It is easy to criticize this idea, as most of us feel that investment vehicles that have the potential to lose value, such as stocks, are essentials part of a balanced portfolio. If you take a bigger picture view, however, the lesson becomes more palatable. The penalty of risk is the potential of loss. Know your risk aversion and understand the risks in your portfolio.
  5. Make of thy dwelling a profitable investment. This is yet another debatable principle. Clason’s argument is that it makes more sense to make payments that will eventually become equity rather than giving money to a landlord. Rather than getting sucked into renting vs. owning debate, I will defer to a Scrooge Strategy tip and say “run the damn numbers” and see which method makes sense for you at this particular point in your life.
  6. Insure a future income. This boils down to retirement planning and insurance. Due to the fact that insurance didn’t exist in ancient Babylon, Clason really doesn’t dive into this point much at all.
  7. Increase thy ability to earn. Position yourself to make more money by improving your skills and making yourself more employable. Train yourself, go to classes, take jobs on the side; whatever you chose, set specific and measurable performance goals and start working to earn more money now.

The book’s other main lesson is the “five laws of gold” that Arkad teaches his son. The first three laws list ways to build wealth and are fairly repetitious with the above principles. Namely, the laws mandate paying yourself first, investing your money well, and making informed investment decisions.

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The remaining two laws describe ways in which money and wealth will be lost. Specifically, it mentions avoiding investments with which we are unfamiliar, trying to seek ‘usurious’ returns, or trusting our ‘romantic desires in investment.’ Overly-complicated portfolios are likely to fail. Given all the Ponzi schemes that are surfacing these days, these lessons especially hit home right now. It is not the sexy investment strategies that win, for these are the investments that are often least understood and most risky.

The remainder of the book is peppered with lessons and insight. Choose wisdom over money. Borrow sensibly, as the unintelligent use of debt will undoubtedly become a later burden. Seek luck by working hard and accepting opportunity, not by waiting for one-off successes. And my personal favorite, “where the determination is, the way can be found.” Commit, follow through, and enjoy your successes.

The book can often feel simplistic and repetitive, but the advice about earning and savings are sound. By its nature, a book that is set in the days well before banks and organized markets is going to be sparse on details. This is not the book to read if you are looking for a how-to guide or specific techniques. Rather, this is a book that takes a theoretical approach to examining personal monetary policy.

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Richest Man In Bablyon By George S. Clason Book Cover

At less than 100 pages, The Richest Man In Babylon is a quick read. This book would be an excellent choice for those who respond to qualitative motivation and storytelling. It would also be a particularly pertinent book for those that may feel overwhlemed by the all the recent market turmoil. If this book accomplishes anything, it demonstrates that the fundamental truths to wealth building are still applicable today.

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IF YOU’RE A WOMAN WHO WANTS TO CREATE WEALTH – VALUES FREEDOM – AND DESIRES MORE PLEASURE, PLAY AND FREE TIME THAN EVER BEFORE, YOU’RE IN THE RIGHT PLACE.

We are on a mission to help women claim their power, honor their worth, create wealth based on feminine principles, and feel amazing in their skin!

So what does it mean to be a “RICH. SEXY. FREE.” entrepreneur?  

OUR CORE BELIEF

Rich

‣ Live a life that lights you up and sets your soul on fire

‣ Create unlimited wealth doing something you love

‣ Be surrounded by people who love and support you in fulfilling your dreams

 

Sexy

‣ Feel like a “Rock Star” – know your worth – and claim your value

‣ Feel insanely confident in your body – celebrate yourself – and honor your needs and desires

‣ Allow yourself to receive as much pleasure as possible and live in a state of wonder and ecstasy

Free

 

‣ Live life on your own terms – inspire others – and make an impact

‣ Experience peace of mind – be free of limiting beliefs – and connected to your soul on the deepest level

‣ Be a powerful woman who feels free to live your dreams and has the ability to do so

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The Birth Place Of The Illuminati

More than 200 years after the Illuminati was founded to oppose religious influence over daily life, it has become one of the world’s greatest conspiracy theories.

I have heard there are some meetings here, but where and when, I have no idea,” Sister Anna told me, taking some time to open up on the subject. “I think they come from France, England, all over, but Ingolstadt is the meeting place in Europe.”

Working in the church bookshop opposite Ingolstadt’s colossal Gothic Liebfrauenmünster church, Sister Anna sees, and speaks to, a lot of people. But some remain shrouded in mystery to her: Illuminati pilgrims, who she believes may still carry out secret meetings in the Bavarian city.

The idea that clandestine Illuminati gatherings could be taking place in the small Bavarian city may seem far-fetched, but Ingolstadt does have a history of them. The city is the birthplace of the infamous secret society that has become part myth, part historical truth, and the foundation of countless conspiracy theories.

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It was on 1 May 1776 that Adam Weishaupt, a professor of law at the University of Ingolstadt, founded the Order of the Illuminati, a secret organisation formed to oppose religious influence on society and the abuse of power by the state by fostering a safe space for critique, debate and free speech. Inspired by the Freemasons and French Enlightenment philosophers, Weishaupt believed that society should no longer be dictated by religious virtues; instead he wanted to create a state of liberty and moral equality where knowledge was not restricted by religious prejudices. However religious and political conservatism ruled in Ingolstadt at that time, and subject matter taught at the Jesuit-controlled university where Weishaupt lectured was strictly monitored.

After initially handpicking his five most talented law students to join, the network rapidly expanded, its members disseminating Weishaupt’s goals of enlightenment with radical teachings, while at the same time creating an elaborate network of informants who reported on the behaviour of state and religious figures in an effort to build up a wealth of information that the Illuminati could potentially exploit in their teachings. With the help of prominent German diplomat Baron Adolf Franz Friedrich, Freiherr von Knigge – who helped recruit Freemason lodges to the Illuminati cause – the clandestine group grew to more than 2,000 members throughout Bavaria, France, Hungary, Italy and Poland, among other places.

Yet in the city where it all began, this peculiar legacy remains little known among residents.

“Not so many people know about it. But the Illuminati are part of the history of Ingolstadt,” local journalist Michael Klarner explained as we stood outside the old University of Ingolstadt, an unassuming, church-like building just a short stroll from Sister Anna’s bookshop.

The Illuminati was never meant to be noticed

“Weishaupt was in many ways a revolutionary,” Klarner continued. “He liked the idea of teaching people to be better human beings. He wanted to change society, he was dreaming of a better world, of a better government. He started the Illuminati with the idea that everything known to human kind should be taught – something that was not allowed here at the university.”

Entering the old university building, I was on the lookout for any sign that Weishaupt’s organisation started within these thick medieval walls, but clues were noticeably absent.

But maybe that shouldn’t be so surprising – the Illuminati, after all, was never meant to be noticed.

The organisation didn’t evade the establishment for long, however. Just a decade after its creation, the secret society was infiltrated by Bavarian authorities after its radical anti-state writings were intercepted by government authorities. The Illuminati was shut down and Weishaupt was banished from Ingolstadt to live the rest of his life in the German city of Gotha, 300km to the north.

Yet the idea of a secret society revolting against the state has captured imaginations ever since, encapsulated in conspiracy theories cooked up by those who believe the Illuminati was never actually disbanded – a claim that has been widely debunked by historians. Even still, conspiracy theorists say that the organisation has been covertly working behind the scenes to subvert authority. The Illuminati has been suggested as the party responsible for the French Revolution, the assassination of US president John F Kennedy and even the 11 September 2001 terror attacks, and has become famous through books and films like Dan Brown’s Angels and Demons.

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Weishaupt wanted to change society, he was dreaming of a better world

“The Illuminati conspiracy theory is what we call a ‘superconspiracy’, or basically a conspiracy that controls smaller conspiracies,” said Dr Michael Wood of the University of Winchester, an expert in the psychology of conspiracy theories. “People do talk about the Illuminati, but a lot of the time it’s in a joking or self-aware kind of way, almost making fun of the idea of a global conspiracy.”

And all of this began in a modest Bavarian city that’s better known as the setting of Mary Shelley’s novel Frankenstein than anything else.

Six Luxury Lifestyle Blogs Beau Satchelle Enjoys

So on a personal note, as a child, one of my many answers to “what do I want to be when I grow up” asked by grownups that influenced my life as a child (besides a veterinarian, a circus ringmaster and the manager of the next Jackson Five singing group), I was going to be the next Gloria Vanderbilt. I grew up when paper dolls were in vogue and I absolutely loved drawing clothes and was taught to sew by my Mom. As a teenager, I collected every magazine (way before the internet) that featured the latest and greatest in fashion for young women.

However, my career as a fashion designer didn’t pan out, but my love for beautiful things has grown immensely. Since the pre-launch of Beau Satchelle to the world and thanks to my world traveled partner and artist extraordinaire T. Michael who has broadened my experiences to another level in the world of luxury. Subsequently, my tastes have grown more sophisticated, I genuinely appreciate quality and excellence whether it be a wearing a handcrafted leather handbag, dining in a Michelin Star restaurant, or displaying treasured heirloom jewelry. The artist, chef or craftsman has put love and perfection into his or her work, which is what affluent customers deem priceless.

As we build our business, we keep an eye on our luxury leather competitors, but it’s just as important to understanding our market’s buying habits in other industries and how they engage in their chosen lifestyles. Our true love is leather, but we embrace the high standard of living our clients seek when it comes to discernment, uniqueness and beauty.

The growth of our business has a lot to do with our connections to our local, national and international network of business associates, however, we also have a number of luxury and lifestyle blogs we turn to for learning content. For Beau Satchelle, the blogs we read sometimes change and are put in rotation but always need to stay current, knowledgeable and communicate substantial material that can refer our readers to as well.

Beau Satchelle’s current top six luxury lifestyle blogs that we follow:

1. Robb Report (www.robbreport.com) – covers the best of the best of luxury lifestyle in areas of autos, real estate and watches to affluent buyers. The contributors do an invaluable job in reviewing indulgent products and services.

2. Luxury travel diary (www.luxurytraveldiary.com) – quality blog that covers the best travel destinations and all the accessories (fashion, gadgets, and miscellaneous items) that enhance the experience

3. Lorrie White (www.luxguru.typepad.com) – a fierce luxury influencer who rubs elbows with the ultra affluent globally, yet defines luxury as a “quality of life”….an enlightened approach to living. She is her brand and her blog is filled with unique content.

4. Pursuitist (www.pursuitist.com) – distinctive blog that highlights the hottest trends in travel, leisure, food and style. Excellent content on luxury lifestyle subjects that matter to the affluent consumer searching for the next best gadget or experience when money is no object. Interesting series of posts called “The Overhead Compartment with….” that interviews celebrities and athletes who love to travel.

5. Just Luxe (www.justluxe.com) – another terrific site of writers contributing from all over the globe for its variety of content on everything luxury lifestyle (the blog post on Jimmy Choo’s collaboration with Swarovski for his 2017 Collection is a woman’s dream).

6. The Business of Fashion (www.businessoffashion.com) – focuses more on brands and retailers and the global impact of this industry. It features opinion makers with the industry, technology’s impact on fashion, and just about any subject dealing with the business of luxury marketing

Beau Satchelle will be introducing on our blog in the near future local and global influencers who have agreed to partner with us to feature our new leather accessories. Stay tuned! -AJ

What is your favorite luxury lifestyle ? Let us know

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Celebrating 100 Years of Cartier’s Beloved Tank Cintrée

Drawing inspiration from the oldest Tanks, Cartier’s limited edition Tank Cintrée pays homage to its 1920s ancestors.Mar 03, 2021 | By Ashok Soman

Cartier only revealed the Tank Cintrée 100th anniversary model recently, but all 150 numbered editions are already sold. readyviewed Cartier Tank models are very desirable , but this is still a remarkable achievement for what is probably the world’s most attractive rectangular dress watch. That anniversary deserves a mention here, because Cartier celebrated 100 years of the Tank in 2017. We remember the party… The Tank story is a convoluted one, and this here, Cartier Tank Cintrée, is meant to celebrate the model in particular, which was one of the first wristwatches in the world to adopt the rectangular shape back in the heady days of the 1920s.

Now, you might engage in that contemporary habit of demanding a precise date, but consider for a moment that the Cartier Tank is a near-mythical object. This particular limited edition very closely matches a watch we have seen only in archive images, and the excellent book by Franco Cologni, Cartier: The Tank Watch (2012), the Cartier Tank Cintrée of 1924. The now-unavailable 2021 reissue of this handsome curved classic is made is in yellow gold, while the original was in platinum. However, QP reports that there was a 1921 version in yellow gold, and has the pictures to prove it.

All the features on the dial – from the apple-shaped hands and Roman numerals, to the so-called rail track and the distinctive beaded winding crown with its sapphire cabochon – are exactly as they appeared on the 1920s versions. In fact, they appear from the images to look as if they experienced a good deal of weathering. This is, of course, just for looks. Speaking of which, the crown in the 2021 version seems more like an homage to its 1924 ancestor, rather than its 1921 inspiration. Sadly, a closer inspection in person is not in the cards.

The story of the movement is also a little involved. First of all, the watch is rectangular but the manufacture calibre 9780 MC is round. Shock. Horror. But wait, what of the original? The Cartier Tank Cintrée of 1924 was powered by the LeCoultre calibre 123, which is in fact, round. Interestingly, both are also manual winders, and quite slim. The 2021 Cartier Tank Cintrée is just 6.4mm thick. We take this opportunity to salute Cartier for its success in finding homes for all their very fetching Tank Cintrée editions of 2021, and look forward to the next special edition, perhaps as soon as April…keep an eye  for more news and updates.

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Travel the Planet in Pictures From Around the World

Let these stunning pictures show you how beautiful the world is, as you travel the planet in pictures. It’s a mysterious, awesome, indescribably magnificent world. You’ll see Mirror Lake, Lavender at the Foot of the Mountain, the Moon and Star on Earth, a Comet, (make a wish), the Fog, the Beauty of the Desert, Breithorn Peak in Switzerland, and Deep Autumn.

This is Travel the Planet Part 3.
You may also enjoy Travel the Planet Part 1, and Travel the Planet Part 2

Mirror Lake

When you look at it, it’s there, but when you look for it, it’s not. What is it? – Zen Koan

Lavender and Mountains

The violets in the mountains have broken the rocks. – Tennessee Williams

The Moon and Star on Earth

We must learn to be still in the midst of activity. – Indira Gandhi

Wish upon a Comet

I wandered off and looked up in perfect silence at the stars. – Walt Whitman

Fog

The past and the future are real illusions; they exist only in the present, which is all there is. – Alan Watts

Beauty of the Desert

Get rid of words and get rid of meaning, and still there is poetry. – Yang Wan-Li

Breithorn Peak Switzerland

For the raindrop, joy is in entering the river. – Ghalib

Deep Autumn

And if the earth no longer knows your name… To the flashing water say: I am. – Rainer Maria Rilke

Step by Step Guide to Meditation


Meditate to relax, to feel better and to enjoy life, while you find peace and understanding. Renew your life

Meditation is the simple practice of training your attention. In meditation we cultivate the faculty of mindfulness, or awareness. We do this by trying to empty the mind of all the distractions of daily life for a little while. We set ourselves free from the endless, frantic chatter of our thoughts. We develop inner peacefulness.

Why Do People Use Meditation?

Many people come to meditation when the stress of everyday life destroys their sense of well-being. Facing pressures from the demands of work, personal conflicts, money worries, or family problems, they sometimes feel they are at the end of your rope. They just can’t cope with any more the stress. They obsess about the past, and they dread the future.

meditation on the beach

Other people turn to meditation for relief from pain, or for improved health. Sometimes they just want to enjoy life more. Sometimes they want to find inner peace. It is possible to accomplish all of this with meditation. There is a large body of scientific research that shows how meditation lowers blood pressure, reduces pain, eases depression and relieves anxiety. Meditation improves concentration. Meditation helps you sleep better, helps you control your cravings, makes you more alert and even smarter. Meditation improves your senses of happiness and pleasure. As if that weren’t enough to ask for, meditation is absolutely free, without any side effects, and its benefits are lasting.

How Do I Meditate?

To begin your meditation, chose a quiet place, and sit in a comfortable chair with good posture, hands relaxed on your legs, eyes closed. Breath slowly and naturally. Be aware of your breathing, the expansion of the body as you inhale, the relaxation as you exhale. Feel the warmth of the air as it moves inside you. Feel the movement of the body as it opens to accept the breath. Notice the rhythm of the breath, and how it happens naturally without any effort or intention on your part. Focus your entire attention on your breathing.

You will probably be distracted for a moment by other thoughts, but when that happens, turn away from the distraction. Recognize that the thoughts do not belong here at this time and draw your mind back to the breathing. During this moment, nothing matters except your breath. Continue meditating for about twenty minutes, if you can do it. Then, gradually allow yourself to become aware of your surroundings and open your eyes.

How Fast Does Meditation Work?

Are you looking for an instant cure? A feel-good-right-now pill? We’ve gotten used to demanding instant gratification and getting it. But meditation is not “serenity-now” in a bottle. It starts working when you start working. Its power builds gradually, with every session you practice it. Right away, you’ll be amazed at the incessant mental chatter that you allow to program your actions. During your first few sessions, your thoughts will zoom around like a NASCAR 500 race even though you try to banish them. You’ll find it hard at first to put your thoughts away even for a minute. You’ll think about deadlines, responsibilities, fears of job loss, a broken fingernail, a TV show, a passing car, an old grudge, a cold breeze.

But practice makes meditation work. After the first week of daily meditation, you’ll notice an improvement. The change will come as a sense of refreshment and calmness. It’s likely your friends and family will also notice the difference in you. After a month of meditation, many people have had life-changing experiences. You, too, can be on the road to serenity, accepting life as it comes, and living in the present.

I Don’t Have Time to Meditate. I Don’t Have a Quiet Place for Meditation.

If you truly can’t find the time or the place for meditation, you can start with a mini-meditation. Several times during the day, draw yourself into a state of mindfulness, by paying close attention to what is at hand. If you are frequently on the road, spend the time waiting at a red light to focus on your breath. If you have a repetitive task, draw your mind into the details of the task and try not to become distracted. When you begin to notice the benefit of mindfulness, very likely you will want to arrange a time and a place for your meditation.

What Will Meditation Do for Me?

Right away, you’ll feel yourself becoming calmer and more relaxed. Do you get “wigged out” trying to keep up with your daily schedule? Are you fretful and worried about the future? Meditation will help you deal with worries and stress in a calm, de-stressed manner. Some of those worries will just disappear. You’ll feel more relaxed all day and more in control. If you have a hair-trigger temper, it will mellow out. You won’t feel the need to blow off steam when things don’t go your way. You won’t react impulsively to each event. Instead, you’ll watch the unfolding of the moment for clues to handle it. If your inner critic tries to run the show, and if you tend to make snap judgments, you will become more objective and less demanding.

Meditation will enrich your creativity, by releasing ideas that you don’t even know you have. Meditation will unlock your best work. During the day, solutions will come out of nowhere and appear in your thoughts. You will have those “light-bulb” moments, when the new idea or the decision seems obvious to you. It feels good to be “in the zone.”

Are you nervous and uncertain about school and work? Meditation gives you the confidence and calm to face difficult situations. With your new, calmer, unrushed persona, you will express yourself more clearly. You will notice a personal change, in that you no longer question your ability or criticize yourself. More and more you will come to know yourself as the capable, worthwhile person you are.

Do you want to feel kinder and more loving? Do you need more patience in trying situations? More understanding? Do you want to feel more at peace with yourself and the world we live in? Day by day your practice of meditation will turn you in this direction.

Meditation makes us more aware of our thoughts and how they can control us. Meditation shows us that we invite worry, we blow things out of proportion, we allow anxiety to feed on itself and take over our thoughts. When the hectic chatter in your mind has been calmed and silenced, you will be more decisive. You will be able to make changes and renew your life.

I hope life brings you much success. I wish you a very happy day.

12 Famous Places for Sightseeing in Paris France, the City of Light and Romance

Bonjour and welcome to Paris, the capital of France, its biggest city and a trove of treasures. You’ll love sightseeing in Paris, the City of Light, and probably the most romantic city in the world.

Here you’ll find the world’s center of culture, art, fashion and cuisine. See the famous sights in Paris that inspired great literature, painters of genius, stunning architecture and parks. Breathtaking beauty is everywhere you look. The French have an expression, “joie de vivre,” which means joy of living, zest, and enthusiasm. Parisians know how to take time to savor the joy in every moment. Your vacation in Paris will introduce you to French joie de vivre. Here are the inspiring landmarks for sightseeing in Paris. A tour of of these famous places will make your vacation memorable.

  1. Sightseeing in Paris at the Musee du Louvre, Louvre Museum
  2. Sightseeing in Paris at the Palace of Versailles
  3. Sightseeing in Paris at the Musee d’Orsay, Orsay Museum
  4. Sightseeing in Paris at the La Tour Eiffel, Eiffel Tower
  5. Sightseeing in Paris at the Notre-Dame Cathedral
  6. Sightseeing in Paris at the Sacred Heart Basilica
  7. Sightseeing in Paris at the Arc de Triomphe
  8. Sightseeing in Paris at the Centre Georges Pompidou
  9. Sightseeing in Paris at the the Pantheon
  10. Sightseeing in Paris at the Sainte-Chapelle
  11. Sightseeing in Paris at the Hotel des Invalides

Paris is a beautiful vacation spot. It is an old city that was part of the Roman Empire and then became the capital of France under the Frankish King Clovis I in 508. Flowing through the center of Paris, the River Seine divides the city into two areas, called the Left Bank and the Right Bank. More than two million people live in Paris and almost 12 million live in the metropolitan area.

Sightseeing in Paris at the Musee du Louvre, the Louvre Museum


Sightseeing at the Louvre
The Louvre Museum, Paris FranceThe Louvre, once France’s largest royal palace, is now the world’s largest museum with the world’s most important collection of art and antiquities. It is an important vacation spot. 8 million people a year enter these galleries, making it by far the world’s most-visited art museum. The entrance to the Louvre Museum in Paris is through a glass pyramid in the central courtyard. The collection at the Louvre includes Greek Antiquities from as early as 5th century BC, and works of art all the way to the 19th century. The Mona Lisa by Leonardo da Vinci is a particular favorite of visitors. The Egyptian collection of sphinx, mummies and statues of pharaohs is said to be the best outside of Cairo. The statue of Hermaphrodite Sleeping comes from Rome, sculpted in marble in the 2nd century AD. Dutch painters like Rembrandt and Vermeer and Frans Hals, Italian painters and sculptors like Donatello, Michelangelo and Da Vinci, French painters like Watteau, de la Tour and Fragonard are represented with exceptional examples of their works.

Sightseeing in Paris at the Palace of Versailles


Sightseeing at the Palace of Versailles
Hall of Mirrors, Paris FranceMake the half-hour trip by train to the Palace of Versailles, and let a guide take you sightseeing through the opulent rooms of Louis XIV, the Sun King who lived like a god. Versailles set the standard for lifestyles of the rich and famous that no one has surpassed. The rambling main palace, called the Chateau, is a famous place, with the King’s and Queen’s apartments, Royal Chapel, Hall of Sculpture and the illustrious Hall of Mirrors. Watch fountain spectacles in the formal gardens. and visit the smaller palaces on the grounds. You can walk in the footsteps of Marie Antoinette who, when told the hungry peasants had no bread, reportedly said “Let them eat cake.”

Sightseeing in Paris at the Musee d’Orsay, the Orsay Museum


Sightseeing at the Orsay Museum
Musee d’Orsay, Paris, FranceOur next vacation spot in Paris, The Orsay Museum is, for some visitors, even better than the Louvre. The delicious collection of Impressionist and Post-Impressionist painters from the period between 1848 and 1914 will reward your visit. I’ll just drop a few names to whet your appetite. The Musee d’Orsay gives you Van Gogh, Matisse, Monet, Manet, Renoir, Degas, Toulouse-Lautrec, plus Delacroix, the Symbolists Gustav Klimt, Edward Munch and James Whistler, and a host of other famous names, all under one roof. The controversial paintings by Edouard Manet of Le Dejeuner Sur l’HerbePicnic on the Grass, and Olympia, a naked courtesan, scandalized Paris in 1860s. Claude Monet’s painting of Blue Water Lilies established one of this favorite themes. There’s Toulouse-Latrec’s painting Jane Avril Dancing. You’ll recognize the best known paintings by Renoir, including Dancing at the Moulin de La Galette. There’s La Bella Angele by Paul Gauguin. And there’s lots more.

Sightseeing in Paris at the La Tour Eiffel, the Eiffel Tower


Sightseeing at the Eiffel Tower, ParisThe Eiffel Tower welcomes six million visitors a year who go to see this most famous Paris landmark. This is one of the best sights you absolutely must see while in Paris. Erected in 1889 for the Universal Exhibition, and more than 1,000 feet high, the Eiffel Tower was for a while the world’s tallest building. It is Gustave Eiffel’s masterpiece of design and engineering in iron filigree. See this famous place at night when it sparkles in lights for 10 minutes each hour. Take the elevators to the three observation levels and enjoy the spectacular views of the city. The two restaurants in the tower make for a romantic dinner. Hollywood actor Tom Cruise proposed to Katie Holmes at this famous place in Paris.

Sightseeing in Paris at the Notre-Dame de Paris


Sightseeing at Notre Dame
Notre Dame Cathedral, ParisOur next spot for sightseeing, Notre-Dame de Paris, the cathedral of Our Lady, is a masterpiece Gothic church located in the absolute center of Paris, on Île de la Cité, an island in the Seine River. The twin towers and the spire of Notre-Dame are landmarks visible around the city. Notre-Dame Cathedral was built on the site of an ancient Roman temple. Construction was begun in 1163 and continued until it was finished in 1334, almost 2 centuries later. Those remarkable architectural braces outside Notre-Dame are called flying buttresses. Inside, you’ll see religious carvings, sculpture and painting from the Middle Ages. On Good Friday, the faithful are shown the religious relics housed here, the Crown of Thorns and a piece of the True Cross. The three rose windows of stained glass are also spectacular. If you climb the outside stairs, you’re rewarded with a panoramic view of Paris. Notre-Dame Cathedral was the center of much French history. Henry V was crowned here in 1430. Napoleon crowned himself Emperor here in 1804. Notre-Dame also appears in much French literature. For example, Victor Hugo wrote his novel The Hunchback of Notre Dame in 1831, the love story of Quasimodo, a hunchback bell ringer at Notre-Dame, and gypsy Esmeralda.

Sightseeing in Paris at the Sacred Heart Basilica


Sightseeing, Sacred Heart Basilica
Basilique du Sacre Coeur, ParisBasilique du Sacre Coeur, Sacred Heart Basilica, is a beautiful sight in the area of Montmartre at the highest point in Paris. The Basilica was just completed in 1914, but Its monumental white domes are a favorite Parisian landmark. You can reach it by the funiculaire cable railway, the Funiculaire de Montmartre. Or, you can walk through Montmartre, a bohemian district where famous artists like Pablo Picasso, Modigliani, Claude Monet, Vincent van Gogh, and Salvador Dalí, lived and worked. The other church on the way is Saint Pierre de Montmartre, where the Jesuit order of priests may have been founded. Outside the Basilica of the Sacre Cœur, the terrace has a fine view of Paris. On the portico are bronze statues of Joan of Arc and of Saint Louis, both on horseback. Inside, the dome has a sweeping mosaic of Christ as the Sacred Heart. One of the domes is circled with stained glass windows. You can also visit the crypts.

Sightseeing in Paris at the Arc de Triomphe


Sightseeing, the Arc de Triumphe
Arch of Triumph, ParisThe Arc de Triomphe, the Arch of Triumph, Napoleon’s triumphal arch and an iconic vacatio n spot, marks the western end of the Avenue des Champs-Elysees, one of the most famous streets in the world. It was begun in 1806 to celebrate Napoleon’s victory at the Battle of Austerlitz. Statues and a small museum are inside the Arc. Sightseers who climb to the top of the Arc will find a viewing platform where you can see how twelve avenues radiate from the Arc de Triomphe like the points of a star.

The Champs-Elysees is a seventeenth century avenue and promenade connecting the Concorde and Arc de Triomphe. You’ll discover delightful sightseeing and a major shopping street. The name Champs-Elysees is French for Elysian Fields, the place of the blessed dead in Greek mythology. The avenue runs for a mile and one-quarter in northwest Paris, from the Place de la Concorde and the Obelisk of Luxor, west to the Place Charles de Gaulle, previously known as the Place de l’Etoile, where the Arc de Triomphe stands.

Sightseeing in Paris at the Centre Georges Pompidou


Sightseeing at the Pompidou Center
Centre Georges Pompidou, ParisCentre Georges Pompidou, Pompidou Center, is the home of the Paris Museum of Modern Art. The radical design of the Pompidou makes it a distinctive site on the street and a much talked about vacation spot. It is one of the world’s most famous pieces of modern architecture. The Pompidou Centre is a building turned inside out, with an external escalator, water, electricity and air conditioning pipes all on the outside of the building. The utilities are all brilliantly color-coded. green for water, yellow for electricity, blue for air conditioning and red for the escalator.

Inside the Centre Georges Pompidou is the Modern Art Museum, Musee National d’Art Moderne, on the fourth floor, plus a cinema, cafe, library, shops and performance hall. The view from the top of other Paris landmarks is remarkable. The museum collection of important modern art includes the studio of sculptor Brancusi, along with works by Georges Braque, Joan Miro and Matisse.

Sightseeing in Paris at the the Pantheon


Sightseeing, the Pantheon, ParisSightseeing takes us to the Pantheon of Paris, a church built to look like the Pantheon in Rome, completed in 1790. The great and the good of France are buried in the Pantheon, including Voltaire, Victor Hugo, Emile Zola, and Louis Braille, the inventor in 1829 of Braille reading system. Frescoes are dedicated to Sainte Genevieve who reputedly saved Paris from Attila the Hun in 451 AD. At this famous place, Foucault proved that the earth rotates by suspending a plumb bob, that we now call Foucault’s Pendulum.

Sightseeing in Paris at the Sainte-Chapelle


Sightseeing at Sainte Chapelle
Holy Chapel, Paris FranceSainte-Chapell, the Holy Chapel, is a splendid thirteenth-century medieval church in the Gothic style. This spot is called the most beautiful church in Paris and the “gateway to Heaven.” It was completed in 1248. King Louis IX, also known as St. Louis, built Sainte-Chapelle to house the religious relics he collected on the Crusades. It is located in the courtyard of the royal palace on the Ile de la Cite, the island in the Seine River. Its 15 stained glass windows are the oldest in Paris. The vaulted ceiling is covered in stars. They say Louis purchased the Crown of Thorns from the Emperor of Constantinople while on a Crusade in 1239, and later collected pieces of the True Cross, nails from the Crucifixion and a few drops of Christ’s blood. Classical evening concerts are also held here.

Sightseeing in Paris at the Hotel des Invalides


Sightseeing, Hotel Des InvalidesHotel des Invalides, a remarkable spot for sightseers, was built as a hospital and a retirement home for war veterans in Paris, France. It was completed in 1678 under Louis XIV, the Sun King, as a home for wounded soldiers. Now it contains three museums and many monuments, all relating to the military history of France. In the museums here, you’ll find the artifacts and mementos of French military history. The garden paths are lined with cannons. The Army Museum, Musee de l’Armee, is one of the largest military museums in the world. The central golden dome of Dome Church, part of the complex, is unmistakable above the rooftops of Paris. Dome Church is site of the tomb of Napoleon Bonaparte. Military leaders like Marshal Foch and Marshal Vauban are also buried here. Another church, St-Louis-des-Invalides, is next to it.

I hope you have an exciting vacation in Paris.
I wish you a very happy day.

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Billionaires Who Live Surprisingly Normal Lives

So many of us dream of what we would spend a billion pounds on. Private jets? Holiday homes in every country? Supercars? All of the above perhaps? The indulgences would be endless, possibly literally with that kind of wealth. Not everyone who’s on the Forbes’ rich list lives a life of luxury however. Despite their bank balances being higher than the GPD of some countries, these are the billionaires who choose frugality over frightening excess.

WARREN BUFFETT: EST. NET WORTH, $73.3BN

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One of the absolute richest men in the world, the business magnate and philanthropist has given vast amounts of his wealth to charity and lives an exceedingly regular life. He still lives in Nebraska in a home he bought more than 50 years go for just over $30,000. His wedding to his second wife was a low-key affair, far-less extravagant than many of our own.

CHUCK FEENEY: EST. NET WORTH $2MN (WAS WORTH $7.5BN)

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“I set out to work hard, not get rich” is Mr Feeney’s motto and he’s done both. That saying, he’s currently playing a personal game of go for broke although with charitable donation as opposed to superfluous splurges. He’s amassed a fortune of over $4bn but has now given most if it away to live out his life with a few-million strong safety net.

DAVID CHERITON: EST. NET WORTH $2.8BN

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A Stanford professor, Cheriton got rich off of Google shares as one of the original funders, and has no intent to ever live the life of a billionaire playboy stating, “I’m actually quite offended by that sort of thing.” Cheriton has lived in the same Palo Alto home for the last 30 years and cuts his own hair.

DAVID GREEN: EST. NET WORTH $6BN

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Founder and CEO of craft company Hobby Lobby, Green doesn’t fly first class when jetting around for business and spends the majority of his fortune on charitable works. He is one of the largest donors to Christian causes and with his generosity extending to over half a billion dollars.

CARLOS SLIM HELÚ: EST. NET WORTH $70BN

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He’s up there with Bill Gates and Warren Buffett competing for the title of richest man in the world but Slim is by no means an excessive spender. The mobile phone magnate owns a 6-bedroom home, and has done for the past three decades; he also drives himself to work everyday.

AZIM PREMJI: EST. NET WORTH $19.1BN

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One of the richest men in India, the chairman of Wipro, he’s known for his focused concern with the company’s resources. That extends to monitoring toilet-paper and switching off lights when leaving an office; apparently he still takes rickshaws to and from the airport.

JIM C. WALTON: EST. NET WORTH $40BN

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An heir to the Walmart fortune, the youngest among the siblings, his father’s frugality was a factor behind his retail success and this has lived on in his children. He lives in Arkansas and runs family-founded Arvest Bank out of an unassuming office building.

CHRISTY WALTON: EST. NET WORTH:$41.7BN

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The wealthiest woman in the world, she married into the Walton family, the richest on the planet. Determined to give her son a normal upbringing she raised him in a 19th century Victorian home in California. She donated her home to charity after her husband’s death and now resides in Jackson, Wyoming.

INGVAR KAMPRAD: EST. NET WORTH $3BN

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Ikea founder Kamprad has previously disclosed that he drove a decade old Volvo and flew economy, despite the fact a private charter would be but a drop in the ocean for his vast wealth. His home, unsurprisingly, is also decked out in inexpensive Ikea furniture.

SERGEY BRIN: EST. NET WORTH $29.2BN

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A beneficiary of the Internet age, Brin is an entrepreneur and cofounder and director of special projects at Google. Another wealthy individual who has stuck by his parents’ principles, he revealed he looks at prices and was raised to be happy with not very much.

The super-rich: another 31,000 people join the ultra-wealthy elite

More than 31,000 people joined the ranks of the “ultra-wealthy” last year as the fortunes of the already very rich benefitted from rising global stock markets and increased property prices.

The number of ultra-high net worth individuals (UHNWIs) – those with assets of more than $30m (£26.5m) – rose by 6% last year to 513,244, according to a report by the property consultants Knight Frank.

 If the rich are getting richer, then where are they hiding it?

Torsten Bell Read more

That means there are more ultra-wealthy people around the world than the populations of Iceland, Malta or Belize.

The UHNWI population is expected to swell by a further 27% to 650,000 by 2024, the report estimates, as huge fortunes are being made in India, Egypt, Vietnam, China and Indonesia.https://interactive.guim.co.uk/charts/embed/mar/2020-03-04T12:08:15/embed.html

Those with slightly more modest fortunes also increased. There are now 50m dollar millionaires (£770,000), up from 46.9m in 2019. That’s more than the population of Spain.

Knight Frank said in its annual wealth report that while 2019 was a “ tumultuous year” for many investors and pension funds, most of the very wealthy reported a bumper year for their personal fortunes.

Gap between rich and poor grows alongside rise in UK’s total wealth

 Read more

“Economically, 2019 was outwardly a tumultuous year, with the International Monetary Fund (IMF) reducing its forecast for global GDP growth from 3.5% in January 2019 to just 2.9% in January 2020 – a 10-year low,” the report said.

“Despite this, the world’s UHNWI population rose by 6.4% … This is borne out by the results of our attitudes survey, in which 63% of [wealth managers] said their clients’ wealth had increased in 2019, with only 11% reporting a decrease.”

Liam Bailey, Knight Frank’s global head of research, says while almost half of the UHNWIs were in the US (where there are 240,000 people with more than $30m) the countries with the fastest-growing numbers of ultra-wealthy are in Asia and Africa.

“It’s exciting to see how wealth is developing across Asia and, with the number of ultra-wealthy in India, Vietnam, China and Malaysia outpacing many other markets over the next five years,” Bailey said. “It will be interesting to see how this impacts the global property market.”Advertisement

The UHNWI population in India is expected to increase by 73% over the next five years, from 6,000 in 2019. Knight Frank expects Egypt, where there are 764, to be the second-fastest growing and increase by 66% by 2024. They are followed by Vietnam, China and Indonesia.

The UK’s UHNWI population increased by 4% to 14,400, putting the UK in sixth-place behind the US, China (61,600), Germany (23,000), France (18,800) and Japan (17,000).

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The overall numbers of UHNWI people in Knight Frank’s study sharply increased compared with its 2018 study, after the firm changed its methodology to include the value of individuals’ homes.

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