Who Is Vance Boelter, the Suspect in the Minnesota Lawmaker Shootings?
The suspect built a scattered career ranging from food to retailing to private security to pastoring, public records and his online postings show.
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Scott Galloway Reached His Financial Goal 8 Years Ago. He Says There's Just No Justification For Becoming A Billionaire
Scott Galloway had a plan: sell his company, take $25 million, raise another $250 million, and become a billionaire. But then he stopped to think about it. 'Why would I want back on this hamster wheel of stress?' he asked on a recent episode of his podcast, 'Office Hours.' Galloway, a business professor, entrepreneur and investor, said he realized the pursuit of more wealth would just cost him time, peace of mind and family moments. 'I've been doing nothing but working for a quarter century,' he said. After hitting his personal financial target, he made a different choice: spend on what brings joy, pay people well, and give the rest away. 'I hit my number eight years ago,' he said. 'And I decided there's just no reason why I would ever need to be a billionaire.' Don't Miss: Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can invest with $1,000 at just $0.30/share. Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. 'Every year I look at my number,' he explained. 'Anything above that number, I do one of two things: I either spend it or I give it away.' He added, 'It feels amazing to spend money and to give it away.' He owns a plane and refuses to let money prevent him from enjoying life. When friends can't afford to join, he covers the cost himself, saying it gives him satisfaction. His shift in mindset mirrors that of Andrew Wilkinson, a Canadian entrepreneur who told his own story in the 2024 book, 'Never Enough.' Wilkinson became a billionaire after building the tech conglomerate Tiny, but eventually saw the limits of wealth. After nearly partnering with legendary investor Charlie Munger, Wilkinson said he turned it down. The thought of chasing another level of wealth no longer appealed to him. Both Wilkinson and Galloway reached a similar conclusion. Once you have enough, more doesn't necessarily improve your life. In fact, it can increase stress. Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Become an Investor in This $41.3M Clean Energy Brand Today Galloway recalls the fear he felt in 2008 when his first son was born during the financial crisis. 'All I felt was shame and fear,' he said. 'I thought, I've failed this kid. I don't have enough money.' That fear stayed with him until he reached financial security. 'Happiness is not only a function of the things you have,' he said. 'It's a function of the things that you don't have—specifically, an absence from stress.' Galloway also wants to normalize open conversations about money. 'This zeitgeist that you're not supposed to talk about money is nothing but an effort by rich people to keep the poor and middle class down,' he said. He encourages people to share information about salaries, taxes and financial tools to help each other get ahead. 'Talking about it a lot gives you ideas and opportunities and can be quite cathartic,' he said. These days, Galloway says he's off the hamster wheel for good. He spends on joy, gives generously and says he finally feels free. Read Next: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Are you rich? Here's what Americans think you need to be considered 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Scott Galloway Reached His Financial Goal 8 Years Ago. He Says There's Just No Justification For Becoming A Billionaire originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
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If Zohran Mamdani is the future of the Democrats, they're doomed
It would be easy to call San Francisco mayor Daniel Lurie the 'anti-Zohran Mamandi,' but that would fail to do the first-term leader justice. Sworn into office this past January, Lurie – like Mamdani – hails from a storied family, in this case the founders of the Levi Strauss denim dynasty. But that is where the similarities end. Lurie was elected to City Hall last November following nearly a decade of decay across San Francisco. Fuelled by the soft-on-crime policies of former district attorney Chesa Boudin, San Francisco – an urban jewel of technology and wealth – was close to becoming a failed state. Violent crime, open-air drug camps, hundreds of annual drug overdose deaths, a declining population base and desolate downtown plagued the city where I was born and raised. San Francisco's ills were akin to many large American urban centres: Philadelphia with its gruesome 'Tranq' crisis; the epidemic of deadly violent crime devastating Chicago. And, of course, Los Angeles – similarly battling an inhospitable mix of homelessness, drugs and criminality. But sized a mere 49 square miles (one-tenth that of Los Angeles), San Francisco's blight has felt uniquely acute and everywhere – all at the same time. Back in 2022, fed up voters ousted district attorney Boudin, whose laissez-faire prosecutorial approach directly led to the city's spiralling quality of life. Former San Francisco mayor London Breed attempted, honourably, to steer San Francisco back to sanity. But with a record 806 drug-related deaths in 2023 alone – and San Francisco's abandoned business core dubbed a 'ghost town' by major media – Breed lost to Lurie last November. Despite a lack of formal political experience, Lurie is hardly new to politics. His career has been shaped by public service, mostly leading large non-profits focused on tackling urban ills – often in association with scions of other local family dynasties. Lurie's flagship $500 million Tipping Point Community organisation, for instance, was established alongside the daughter of Financial Services billionaire Charles Schwab. The reliance on – rather than rejection of – the private sector for public good has been a key Lurie manoeuvre and stands in sharp contrast to Mamdani's platform. Indeed, much like former New York City mayor Michael Bloomberg a decade ago, Lurie has tapped major corporations and philanthropists to fund ambitious city programs hit hard by San Francisco's $800 million budget deficit. Earlier this month, for instance, he set up an entire department, the San Francisco Downtown Development Corporation, to steer private funding to city projects. Lurie has also heavily leaned into San Francisco's abundance of visionary innovators, most notably – and understandably – in the tech world. OpenAI head Sam Altman helped lead Lurie's transition team after his election last year. Such schemes – and there are many – stand in sharp contrast to the economic expansion plan touted by Mamdani, which mostly relies on added taxes levied on New York's wealthiest residents and corporations. And not just any wealthy residents and corporations: Mamdani's own website describes his strategy as shifting 'the tax burden from overtaxed homeowners in the outer boroughs to more expensive homes in richer and whiter neighbourhoods.' Such taxes would then be used to pay for low cost basic services including housing, transport and child care, even groceries. In other words – DEI meets Socialism. If this is the future of the Democrats, they are doomed. The problem with Mamdani's plans is that they rarely benefit – or are even desired – by those for whom they are designed. How else to explain the mostly white, mostly affluent New Yorkers who voted for Mamdani this week. Poor people don't need cheap housing – they need quality housing. 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Lurie's law-and-order focus appears to be working: this week the SFPD made 97 arrests in a single day in San Francisco drug dens – 'the largest one-day fugitive-focused enforcement in recent history,' according to the city. While Lurie boosts officer numbers in San Francisco, Mandani has pledged to slash them. In their place, he will create a Department of Community Safety that relies on social-service schemes – 'evidence-based strategies that prevent violence and crime before they occur,' as he has described it – to maintain public order. This is a city that has finally seen a decrease in spiralling violent crime numbers – precisely because of an increase in police patrols. In 2023, for instance, New York City experienced a 20 per cent rise in arrests, a five-year record according to NYPD Chief John Chell. San Francisco may be far smaller than New York City, but its challenges – rising costs, a decreasing tax base, middle- and upper-class population declines – are eerily similar. 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