logo
Private jets are starting to flood into Venice as celebrities and titans of business arrive for Jeff Bezos' wedding

Private jets are starting to flood into Venice as celebrities and titans of business arrive for Jeff Bezos' wedding

Celebrities and their private jets have started landing in Venice ahead of the celebrations for Jeff Bezos and Lauren Sánchez's wedding.
Kim Kardashian 's Gulfstream G650 touched down at Marco Polo Airport on Thursday morning, according to flight-tracking data from ADS-B Exchange.
Khloe Kardashian and Kris Jenner were also photographed with her, boarding a water taxi.
The G650, which costs around $65 million, departed Los Angeles 10 hours earlier.
Kardashian previously attended Sánchez's bachelorette party in Paris last month, which included a boat ride down the Seine.
Then, around 10 a.m. local time, Oprah Winfrey 's G700 also landed in Venice, per ADS-B Exchange. Business Insider's reporter in Venice saw Winfrey and broadcaster Gayle King boarding a boat at the airport.
A G650, which JetSpy data says is owned by media mogul James Murdoch, son of Rupert, landed in Venice on Thursday, too, as did another jet belonging to hedge fund billionaire John Griffin.
Bezos, the world's fourth-richest person, owns three planes, according to JetSpy. Two of them, the G700 and a G650, have been hopping around the Mediterranean in recent days. At the moment, they're both parked across the Adriatic Sea in Dubrovnik.
Bezos and Sánchez kicked off their pre-wedding celebrations on Tuesday with a foam party on his $500 million superyacht Koru, parked just off the Croatian coast.
Tuesday also saw the first guests land in Venice, including Jared Kushner and Ivanka Trump.
Fashion designer Diane von Furstenberg's G500 landed around midday, and she was photographed at the water-taxi dock.
A Bombardier Global 7500 owned by her husband, the Fox cofounder Barry Diller, arrived in Venice around noon on Wednesday, per ADS-B Exchange data.
Data from Flightradar24, which doesn't display most private-jet arrivals for privacy reasons, showed five large business jets were scheduled to land on Thursday. That's compared to two on Wednesday, one on Tuesday, and none on Monday.
The Guardian reported that more than 90 private jets are expected to land in Venice before the celebrations begin.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

My fiance's rich parents want me to quit work when we marry, but lost it when I asked for a trust in case we divorce
My fiance's rich parents want me to quit work when we marry, but lost it when I asked for a trust in case we divorce

Yahoo

time4 hours ago

  • Yahoo

My fiance's rich parents want me to quit work when we marry, but lost it when I asked for a trust in case we divorce

When a young couple takes that big step into marriage, managing finances and expectations can be a little tricky. Take Karlie and Tim, for example. These 27-years-olds recently got engaged and have started having discussions about what their married life should look like. Karlie, who earns more than $170,000 per year, makes a lot more money than Tim, who earns a modest teacher's salary. They split all of their bills, but Tim supplements his income with a trust fund that's in the low seven figures. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how Recently, Tim's parents insisted that Karlie quit her job after the two are married to focus on being a stay-at-home mom, but Karlie doesn't want to give up her career. Instead, she decided to offer a compromise, suggesting that Tim's family — who are very wealthy — set up an irrevocable trust for Karlie, contributing her gross earnings yearly for 35 years with anticipated raises and promotions. This would protect her in case of divorce and ensure her a healthy retirement. But Tim's family was incensed with my suggestion. Meanwhile, Tim doesn't want to sign a prenuptial agreement that would transfer half of his assets to Karlie if the marriage doesn't work out. So, what should Karlie do to protect her financial future? To figure that out, let's get into the numbers. The state of marriage in the U.S. As of 2024, America's divorce rate sits between 40% and 50% for first marriages. With this in mind, Karlie is wisely choosing to protect herself and her future finances in the event that her marriage with Tim comes to an end. Without a prenuptial agreement, Karlie may be blocked from claiming a percentage of Tim's trust fund in the event of a divorce. Even in community property states — which considers a married couple as joint owners of nearly all assets acquired in marriage — Tim's trust fund was set up before he married Karlie, therefore it belongs solely to him. The most Karlie could hope to claim would be a percentage of Tim's teacher salary for the years they were married, as well as half of any assets they might acquire during that time. Furthermore, men tend to fare much better financially than women after divorce. According to PubMed Central, women in America experience an estimated 27% decline in their standard of living following a divorce, while men experience a 10% increase under the same circumstances. 'Numerous studies have shown that the economic costs of divorce fall more heavily on women,' writes Thomas Leopold in an article for PubMed Central. 'After separation, women experience a sharper decline in household income and a greater poverty risk.' With her $170,000 salary, Karlie is currently in the top 10% wage bracket. Sacrificing her career and the hard work that got her there would be unwise without any alternatives to protect her financial future. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Why Karlie needs to protect herself Without a trust fund of her own or a prenuptial agreement, Karlie is exposing herself to a great deal of financial risk. For stay-at-home mothers, opting out of their career in the short or long term can mean not just a financial loss, but also a loss of identity that many find hard to cope with. Financially, a stay-at-home parent can save the family between $10,000 and $18,000 on childcare costs each year. However, if Karlie gives up her career, the family will likely have to dip even more into Tim's trust fund to pay the bills, which may cause some arguments or resentment. Karlie and Tim would then have to decide how to budget and spend Tim's money. They'd also have to figure out how Karlie can have some financial freedom within the marriage without her own earnings to spend. How Karlie and Tim can approach tough money conversations Before Karlie and Tim come together to discuss financial plans for their married life, it would be helpful for both of them to get clear on their personal financial values. This could include asking themselves questions like 'where do I want to be in 30 years?', 'how do I picture myself living in retirement?' and 'what do I prioritize when it comes to money?' As they come together to discuss their financial future, finding some common ground in shared financial values will be important. Though differing values can coexist in a marriage, finding a balance could be key to moving their relationship forward. Once they are able to establish a shared vision and some shared goals for their future, it may also be helpful to get an outside perspective with a financial advisor or a couples therapist. This bias-free advice could help Karlie and Tim make realistic choices that will benefit them both equally. The outcome of these conversations will help Karlie decide if this marriage, and the lifestyle it may entail, will be right for her. Whether your relationship includes a seven-figure trust fund or taking on your spouse's significant student debt, it's important to have hard conversations about money before you sign the marriage licence to ensure you have a shared plan for your financial future. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Scams, forgotten passwords, and lost fortunes: Meet the digital locksmith who helps people get their bitcoin back
Scams, forgotten passwords, and lost fortunes: Meet the digital locksmith who helps people get their bitcoin back

Yahoo

time5 hours ago

  • Yahoo

Scams, forgotten passwords, and lost fortunes: Meet the digital locksmith who helps people get their bitcoin back

Crypto prices are surging, and so are cases of lost crypto keys and crypto scams. Crypto recovery specialist Julia Burlingham is seeing a business boom as a result. Here's what happens if you lose access to your crypto wallet. Forgetting your Instagram password is annoying. Forgetting your crypto wallet password could be devastating. Crypto owners don't have the luxury of emailing themselves a password reset link if they're locked out of their self-custody wallet. It's an issue that's becoming bigger as bitcoin and other cryptos surge in price and crypto holders scramble to retrieve previously abandoned wallets. For Julia Burlingham, who owns the business Professional Crypto Recovery, business is booming. "When the price of bitcoin goes up, my phone rings all day," Burlingham told Business Insider. Burlingham started her business five years ago, after helping her brother recover his dogecoin during the memecoin's heyday. According to Burlingham, she was able to unlock his wallet, where an initial $300 investment had grown to $6,000. She's seen it all, from people who inherit locked crypto wallets to those who have misplaced their seed phrase. Here's what it's like inside the world of crypto recovery. How does crypto storage work? There are two main ways of holding crypto: on an exchange like Coinbase, or through self-custody using your own crypto wallet. While self-custody provides more control and privacy, the responsibility of securing the wallet lies in — as the name implies — yourself. Setting up a self-custody wallet generates a seed phrase of 12 or 24 random words that encodes your private key. People often write the seed phrase down with pen and paper, according to Jess Houlgrave, CEO at the digital asset startup Reown. Issues arise when that slip of paper isn't stored securely. "As soon as you're in the self-custodial realm, you need to be able to store and recover your seed phrase in order to be able to use the assets," Houlgrave told Business Insider. She's also seen people store their passkeys on Google Drive or password managers, which Houlgrave doesn't recommend, as those methods are susceptible to being hacked. Both Houlgrave and Burlingham mentioned that the LA wildfires earlier this year resulted in many people losing their seed phrases when their homes burned down. Last year, Reuters reported that some wallet recovery services saw requests for their services more than triple when bitcoin rose to $70,000. Now, with bitcoin prices firmly in six-figure territory, the stakes are even higher. A day in the life of a crypto locksmith Burlingham helps people with issues such as forgotten passwords, partial seed phrases, corrupted wallet files, or old wallets that no longer sync with the blockchains. Her clients range from original bitcoin investors who bought over a decade ago to people who just set up their accounts recently and suddenly lost access. "Depending on the wallet, sometimes you can brute force it," Burlingham said. It helps if you remember fragments of a password or seed phrase. "I'll ask for password clues and how they typically make their passwords," Burlingham added. Using specialized supercomputers with high GPU and CPU power, Burlingham runs password recovery tools that test millions of combinations. Because wallets and private keys are highly sensitive, she runs them on air-gapped computers, or machines that aren't connected to the internet. Burlingham also helps those who have been scammed of their crypto, a growing problem. According to a report by Chainalysis, more than $2 billion was stolen from cryptocurrency services already in 2025, surpassing the total for all of 2024. The recovery process can take months. One case that Burlingham started in November of last year took until this April to finish. Recovering crypto is also an energy intensive endeavor. "It's really high," Burlingham said of her electricity bill. "You have to have cooling systems because these machines produce a lot of heat." Lost crypto Unfortunately, sometimes, nothing can be done to recover the crypto. According to crypto wallet provider Ledger, it's estimated that between two and four million bitcoins are permanently lost. James Howell is an infamous example of this unlucky outcome — the IT worker accidentally threw away a hard drive containing 8,000 bitcoins back in 2013. In the case of crypto, an ounce of prevention is worth a pound — or several — of cure. Make multiple copies of your seed phrase and putting them into secure physical locations, such as a locked safe or bank vault, Burlingham recommends. And it may sound simple, but avoiding phishing links and keeping your seed phrase private are steps that many people still overlook. Read the original article on Business Insider

My fiance's rich parents want me to quit work when we marry, but lost it when I asked for a trust in case we divorce
My fiance's rich parents want me to quit work when we marry, but lost it when I asked for a trust in case we divorce

Yahoo

time6 hours ago

  • Yahoo

My fiance's rich parents want me to quit work when we marry, but lost it when I asked for a trust in case we divorce

When a young couple takes that big step into marriage, managing finances and expectations can be a little tricky. Take Karlie and Tim, for example. These 27-years-olds recently got engaged and have started having discussions about what their married life should look like. Karlie, who earns more than $170,000 per year, makes a lot more money than Tim, who earns a modest teacher's salary. They split all of their bills, but Tim supplements his income with a trust fund that's in the low seven figures. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how Recently, Tim's parents insisted that Karlie quit her job after the two are married to focus on being a stay-at-home mom, but Karlie doesn't want to give up her career. Instead, she decided to offer a compromise, suggesting that Tim's family — who are very wealthy — set up an irrevocable trust for Karlie, contributing her gross earnings yearly for 35 years with anticipated raises and promotions. This would protect her in case of divorce and ensure her a healthy retirement. But Tim's family was incensed with my suggestion. Meanwhile, Tim doesn't want to sign a prenuptial agreement that would transfer half of his assets to Karlie if the marriage doesn't work out. So, what should Karlie do to protect her financial future? To figure that out, let's get into the numbers. The state of marriage in the U.S. As of 2024, America's divorce rate sits between 40% and 50% for first marriages. With this in mind, Karlie is wisely choosing to protect herself and her future finances in the event that her marriage with Tim comes to an end. Without a prenuptial agreement, Karlie may be blocked from claiming a percentage of Tim's trust fund in the event of a divorce. Even in community property states — which considers a married couple as joint owners of nearly all assets acquired in marriage — Tim's trust fund was set up before he married Karlie, therefore it belongs solely to him. The most Karlie could hope to claim would be a percentage of Tim's teacher salary for the years they were married, as well as half of any assets they might acquire during that time. Furthermore, men tend to fare much better financially than women after divorce. According to PubMed Central, women in America experience an estimated 27% decline in their standard of living following a divorce, while men experience a 10% increase under the same circumstances. 'Numerous studies have shown that the economic costs of divorce fall more heavily on women,' writes Thomas Leopold in an article for PubMed Central. 'After separation, women experience a sharper decline in household income and a greater poverty risk.' With her $170,000 salary, Karlie is currently in the top 10% wage bracket. Sacrificing her career and the hard work that got her there would be unwise without any alternatives to protect her financial future. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Why Karlie needs to protect herself Without a trust fund of her own or a prenuptial agreement, Karlie is exposing herself to a great deal of financial risk. For stay-at-home mothers, opting out of their career in the short or long term can mean not just a financial loss, but also a loss of identity that many find hard to cope with. Financially, a stay-at-home parent can save the family between $10,000 and $18,000 on childcare costs each year. However, if Karlie gives up her career, the family will likely have to dip even more into Tim's trust fund to pay the bills, which may cause some arguments or resentment. Karlie and Tim would then have to decide how to budget and spend Tim's money. They'd also have to figure out how Karlie can have some financial freedom within the marriage without her own earnings to spend. How Karlie and Tim can approach tough money conversations Before Karlie and Tim come together to discuss financial plans for their married life, it would be helpful for both of them to get clear on their personal financial values. This could include asking themselves questions like 'where do I want to be in 30 years?', 'how do I picture myself living in retirement?' and 'what do I prioritize when it comes to money?' As they come together to discuss their financial future, finding some common ground in shared financial values will be important. Though differing values can coexist in a marriage, finding a balance could be key to moving their relationship forward. Once they are able to establish a shared vision and some shared goals for their future, it may also be helpful to get an outside perspective with a financial advisor or a couples therapist. This bias-free advice could help Karlie and Tim make realistic choices that will benefit them both equally. The outcome of these conversations will help Karlie decide if this marriage, and the lifestyle it may entail, will be right for her. Whether your relationship includes a seven-figure trust fund or taking on your spouse's significant student debt, it's important to have hard conversations about money before you sign the marriage licence to ensure you have a shared plan for your financial future. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store