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How to set the table properly for casual and formal meals

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AmazonBasics Dinnerware

  • Setting the table sets the mood for your meal, whether it's a casual supper for two or a special dinner with family and friends.
  • While there are lots of ways to set a table, the basic setting is all you'll need for most occasions.
  • We've put together a list of all the items you need to set a simple table and show you how to do it.
  • Plus, we explain how to add extra pieces to the table setting for a more sophisticated look.

Hosting your first dinner party? Are friends and family coming in for the holidays? Maybe your in-laws are coming to your new place for dinner for the first time? There are lots of different situations where you need to know how to set a table, from everyday casual meals to larger dinner parties.

Setting the table can seem like an intimidating task, especially if you never learned how to do it, but don't worry, it's not hard. There are really only a few must-have items you need to set the table.

The etiquette experts at Emily Post— an etiquette site named after Emily Post, who wrote a famous book on etiquette rules in 1922 — helpfully reminds us of the main rule, which is to set the table only with utensils you will use. In other words, if you're not having a first course or salad, you only need one fork.

Post's guide goes on to explain that "utensils are placed in the order of use; from the outside in … Forks go to the left of the plate, and knives and spoons go to the right." Always remember that utensils should be placed in a way that makes them the most useful. This is why you place the fork and knife on opposite sides so you can easily pick them up.

Once you have all of the items below, it's your choice if you want to add a table cloth or runner and any extra plates, bowls, glasses, or flatware on the table. We'll go over these extras later, but first, let's get the basic table setting down.

Here's everything you'll need to set the table:

Keep scrolling to read our step-by-step guide on how to set a table:

How to set a basic dinner table

  1. Lay the placemat on the table.
  2. Center the dinner plate on the placemat.
  3. Place the napkin on the left side of the plate or on the plate.
  4. Lay the fork on the napkin or on the right side of the napkin.
  5. Lay the knife next to the right side of the plate, blade pointing in. Lay the spoon next to the knife.
  6. Place the water glass above the plate and slightly to the right, so it's between the plate and the knife.

That wasn't so hard, now was it? I bet you're ready to move on and learn how to add more to your table-scape.

The number of extras you add will depend on the size of your table and the level of formality you want to achieve or the mood you want to set. Adding more items makes a table feel more formal or fancy, while a table with fewer items suggests a no-frills meal.

 



Here's what else you can add to the basic table setting for more formal meals

Finally, it's always nice to have salt and pepper shakers on the table, and if you have room, candles in candle holders, fresh flowers in a vase, or a small bowl of fruit for decorative purposes.



Check out our buying guides to find everything you need for your dining room




The average home price in every state — and what you get for that money

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maryland neighborhood

The average cost of a home varies greatly from state to state.

We teamed up with Zillow to find the median home value of each of the 50 states in the US, including Washington, DC. While there was some fluctuation from last year's numbers, the highest and lowest state medians are the same: West Virginia— the only state with a sub-$100,000 median — remains the cheapest, while Hawaii holds its position as the most expensive.

For some states, this median value is heavily impacted by the typical cost of a starter home. Additionally, many states include notoriously-expensive metro areas that contribute to higher averages, including California's many coastal cities and Washington's unaffordable Seattle neighborhoods due to the tech boom.

Read more: Home values have more than doubled in the US since 1970 — here's how much they've increased in every state

Previous reporting from Business Insider's Hillary Hoffower shows Zillow's median home values from last August. Hoffower reported that the median home listing price in the US was $279,500. The most recent numbers, from April 2019, show a median home listing price of $226,800.

Looking at the top ten most expensive averages, all states remain the same — with the notable exception of New York. Ranked No. 7 last year, the Empire State dropped to No. 11, despite rising costs in Manhattan. Alaska swooped in to replace New York, jumping from No. 20 to No. 10 in a single year. Its average rose from around $288,000 to almost $310,000.

Using data from Zillow, we sorted states from lowest to highest average home value. We also noted each state's region size ranking, which represents how big it is population-wise; California is ranked No. 1 with the largest population of all states, while Wyoming is ranked No. 51 (the ranking includes Washington, DC). It's important to remember that these are the average home prices in each state, but what you get for that amount of money varies greatly from city to city, and even neighborhood to neighborhood. Example listings cited from both Zillow and Trulia can help give a better idea of what a home will look like for the average cost in the state it resides.

Keep reading for a complete look at the average home value for listings across the United States.

SEE ALSO: Here's how much a typical starter home costs in every state

NOW READ: The 25 best places to live where the average home costs less than $250,000

51. West Virginia - $96,300

West Virginia ranks as the cheapest state to buy a house and is the only location with a median home value of less than $100,000. The average cost is around $96,000: For this price, interested buyers can find a forest green starter home in Lansing or a 3-bedroom home in Winfield.

Region Size Rank: 37



50. Oklahoma - $123,500

Jumping above the $100,000 mark, Oklahoma homes around the median value include a 2-bedroom, 2-bathroom home in Mead.

Region Size Rank: 28



49. Arkansas - $126,800

Arkansas' median home value is close to $127,000. Two homes close to that price include a $126,900 house in Mountain Home, along with a one-level single-family home in Maumelle.

Region Size Rank: 32



48. Mississippi - $128,400

For around $128,000, interested buyers can purchase a home in Gulfport, Mississippi with a split-bedroom plan.

Region Size Rank: 31



47. Alabama - $130,600

Like many other states, Alabama homes vary depending on the neighborhood. Examples of homes around the $130,600 median include a Greenville home built in 1903, a 3-bedroom, 2-bathroom home in a Troy neighborhood, and a completely remodeled home nearby Alabama State University.

Region Size Rank: 23



46. Ohio - $139,100

Homes priced around Ohio's median home value include a three-bedroom house in Wheelersburg and a one-bedroom home in Cincinnati.

Region Size Rank: 7



45. Kansas - $140,800

Kansas' median home value is $140,800. For $140,000 interested buyers can purchase a 4-bedroom, 1.5 bath house in Kiowa, or a 2-story home in Kansas City for $145,000.

Region Size Rank: 33



44. Iowa - $142,800

Homes in Iowa listed for around the median price of $142,800 include a small, 2-bedroom brick home in Windsor Heights and a ranch-style house in West Point.

Region Size Rank: 30



43. Indiana - $144,500

Close to Indiana's average home value, two $145,000 are currently on the market: a 2-level home in Shelbyville and a 2-bedroom, 2-bath home in Indianapolis.

Region Size Rank: 15



42. Kentucky - $144,800

Kentucky's median home value is also around $145,000. Four examples include a 3-bedroom home in Louisville, a spacious home built in 1880 in Cave City, and a 5-year-old home in Water Valley.

Region Size Rank: 26



41. Louisiana - $145,900

In Louisiana, both a New Orleans apartment and a Martinville 3-bedroom, 2-bathroom home are on the market for $150,000 — roughly $4,000 more than the state average of $145,900.

Region Size Rank: 25



40. Michigan - $151,700

In Michigan, both a 1-bedroom, 1-bathroom condo in Grand Rapids and a 2-bedroom, 2-bathroom home in Portage are listed for $152,000. Additionally, an apartment in Detroit is also available for the same price

Region Size Rank: 8



39. Missouri - $161,500

In St. Louis — one of Missouri's major cities — interested buyers can purchase a 2-bedroom, 1-bathroom home or a 2-bedroom, 2-bathroom condo. Outside of the city, much more spacious properties are available, including a Van Buren home with two master bedrooms and a former motel in Cabool.

Region Size Rank: 18



38. Nebraska - $164,900

Two suburban homes listed for $166,000 — roughly $1,000 more than the average value in Nebraska — include a three-bedroom, two-bathroom home in Chapman and a three-bedroom, three-bathroom home in Fairbury.

Region Size Rank: 38



37. South Carolina - $166,300

In South Carolina, homes listed for prices close to the median vary depending on location to the beach. In Myrtle Beach, a home for $166,900 is townhouse-sized; in Columbia, a home for $166,500 has three bedrooms, a porch, and a pond in the backyard.

Region Size Rank: 24



36. Tennessee - $166,900

Listed around Tennessee's median home value, a five-bedroom home in Memphis and a two-bedroom condo in Nashville are both currently on the market.

Region Size Rank: 17



35. Pennsylvania - $173,200

Between $173,000 and $174,000, homes for sale in Pennsylvania include a townhouse in Philadelphia and a home in Herndon, a town on the Susquehanna River.

Region Size Rank: 6



34. Illinois - $180,900

In Illinois, homes listed around $180,000 vary depending on city and neighborhood. In Chicago alone, $180,000 can buy a 3-bedroom, 2-bathroom home, a studio apartment, or a Victorian residence intended to be a bed-and-breakfast.

Region Size Rank: 5



33. North Carolina - $184,200

For $184,900, interested buyers can purchase a condo in Charlotte, North Carolina. Other listings around the state median value include a home in the Blue Ridge Mountains and a townhome in Mooresville.

Region Size Rank: 10



32. Wisconsin - $187,100

Homes with a sticker price close to the Wisconsin median include houses in Marengo and in Milwaukee. Both homes are listed for $187,000 — $100 less than the state average.

Region Size Rank: 20



31. Georgia - $188,300

A Grovetown home is currently priced at Georgia's state average home value, while an Atlanta apartment is available for a few hundred dollars more.

Region Size Rank: 9



30. South Dakota - $188,600

A five-bedroom home is currently on the market for $189,000 in Scotland, South Dakota.

Region Size Rank: 46



29. New Mexico - $195,700

A four-bedroom home joined New Mexico's available listings last month — the house is priced at $195,500.

Region Size Rank: 36



28. Texas - $196,700

For around $196,500, properties in Texas range in size and location: a condo in South Padre, a San Antonio single-story house, and a suburban Dallas home.

Region Size Rank: 2



27. Vermont - $201,700

An example of a Vermont home on the market for around $200,000 is a ranch-style home for sale in Saint Albans.

Region Size Rank: 49



26. North Dakota - $206,600

Currently, the only homes listed in North Dakota for around $206,600 include forthcoming units in Fargo.

Region Size Rank: 48



25. Wyoming - $227,100

A ranch-style home is currently on the market https://www.zillow.com/homedetails/59-Dutch-Ed-Ln-Lander-WY-82520/230152188_zpid/for around the state's median home value price.

Region Size Rank: 51



24. Maine - $232,600

Homes for sale in Maine between $232,000 and $235,000 include houses in Chelsea and in New Canada— both with four bedrooms.

Region Size Rank: 41



23. Florida - $233,300

A new home in Homosassa, Florida is currently listed for the median home value price. In addition — for just a few thousand dollars more — $235,000 can buy a small house or a condo in Fort Lauderdale.

Region Size Rank: 4



22. Minnesota - $235,700

Minnesota's median home value is $235,700. For $236,000, interested buyers can purchase a brownstone condo in Minneapolis or a five-bedroom house in Elbow Lake. The latter includes four smaller bedrooms in addition to the owner's suite.

Region Size Rank: 21



21. Delaware - $237,300

Two homes currently on the market include a four-bedroom home in Dover and a historic townhouse in Wilmington. A two-bedroom, two-bathroom home in Bethany Beach is also available for a similar price.

Region Size Rank: 45



20. Montana - $237,500

Two homes listed in Montana for $237,500 include a three-bedroom home in Hamilton and a two-bedroom home in Bozeman.

Region Size Rank: 44



19. Connecticut - $243,700

Connecticut's median home value is $243,700. For around that price, an apartment is available in Hartford and a four-bedroom home is available in Stratford.

Region Size Rank: 29



18. Arizona - $252,900

A four-bedroom, 2.5-bathroom home in Phoenix is currently on the market for exactly $252,900. Additionally, a $252,500 home is for sale in San Tan Valley and a $247,500 home is for sale in Yuma.

Region Size Rank: 16



17. Virginia - $258,600

In recent years, both a four-bedroom home in Suffolk and a 3-bedroom home in Virginia Beach have sold for $258,600.

Region Size Rank: 12



16. Idaho - $265,400

In Twin Falls, Idaho, a five-bedroom home is currently on the market for $266,000.

Region Size Rank: 39



15. New Hampshire - $276,400

There are currently no homes listed on Zillow or Trulia close to New Hampshire's median home value; however, a $276,400 home in Salem sold in the past few years.

Region Size Rank: 42



14. Rhode Island - $280,600

A two-bedroom, two-bathroom home in Providence is currently listed for close to the state's median price.

Region Size Rank: 43



13. Maryland - $290,000

For the state median price of $290,000, interested homeowners can view homes in Baltimore and Annapolis.

Region Size Rank: 19



12. Nevada - $293,500

Nevada's real estate market currently offers a 3-bedroom home in Las Vegas for $293,500, along with a 3-bedroom condo in Reno.

Region Size Rank: 35



11. New York - $298,100

In New York — for prices around the state's median — interested buyers can purchase an apartment in Queens or a four-bedroom home in Pittsford, a suburb of Rochester.

Region Size Rank: 3



10. Alaska - $309,500

For around the state's median of $309,500, homes are currently on the market in Kodiak, Anchorage, and Juneau, Alaska.

Region Size Rank: 47



9. New Jersey - $327,700

For around $327,500, interested buyers can purchase a condo in Wildwood or a four-bedroom home in the suburbs of Cherry Hill.

Region Size Rank: 11



8. Utah - $341,600

Two new, single-family homes in Vineyard are available for around Utah's median home price. One features four bedrooms, while the other features three.

Region Size Rank: 34



7. Oregon - $346,000

In Oregon, condos in Portland are listed for $345,000 — including a one-bedroom, one-bathroom complex in Irvington and a two-bedroom, two-bathroom in Goose Hollow. Additionally, a three-bedroom, three-bathroom home is available in Bend.

Region Size Rank: 27



6. Colorado - $379,300

For around $379,000, properties around the state of Colorado vary: a small, 2-bedroom house in Denver, a mountain retreat in Bayfield, a suburban home in Colorado Springs, and an empty lot in Alamosa.

Region Size Rank: 22



5. Washington - $385,800

In Seattle, Washington, there are several apartments, co-ops, and condos listed for around $385,000 — including a condo downtown. A small house is also available in the area for the same price, along with a larger home in the suburbs of Vancouver, Washington (which borders Portland, Oregon).

Region Size Rank: 13



4. Massachusetts - $407,700

For around $410,000, interested buyers can view a newly-renovated, three-bedroom apartment in Boston, along with a large property in Somerset.

Region Size Rank: 14



3. California - $548,000

Prices in California vary depending on which city houses are located near — many of which are some of the nation's most expensive locations. For $548,000, interested buyers can look at a home located on Big Bear Lake or a condo in Ventura. The closest-priced home in San Francisco is a $560,000 studio apartment.

Region Size Rank: 1



2. District of Columbia - $574,100

The nation's capital is ranked second in terms of median home value. Listings around $574,000 include a townhouse and a condo— quite smaller than the large homes available in other states for much lower prices.

Region Size Rank: 50



1. Hawaii - $616,000

The most expensive state median is Hawaii, with an average of over $600,000. For around the average price, interested buyers can look at $618,000 homes for sale in Kailua Kona and in Honolulu.

Region Size Rank: 40

 

What a $250,000 home looks like in 25 major US cities

The 15 American cities with the biggest average homes, ranked

Student debt is preventing the US from having a normal housing market

The housing market is cooling off — and uncertainty isn't helping

Americans stopped buying homes in 2018, mortgage lenders are getting crushed, and an economic storm could be brewing



The best baby shampoo you can buy

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  • When it comes to baby shampoo, you want one that's gentle and soft on your baby's sensitive skin.
  • After much research and testing, we chose California Baby Calendula Shampoo as the best for most babies.
  • The shampoo's gentle, calming, and natural ingredients are great for sensitive baby skin.

Giving your baby a bath for the first time can be a daunting experience. You worry about holding up their head or doing it wrong. You want to use a shampoo that's gentle on their skin yet makes them clean and smell even sweeter.

The good news is that newborns only need a bath a few times per week, and as your baby grows, you become an expert at washing little fingers and toes.

But which baby shampoo is best? When you go to the store or shop online, you have a lot of choices. You have baby shampoos for sensitive skin, ones for eczema, others with essential oils, and baby shampoos with a long list of ingredients you can't even begin to understand.

As a mom, I prefer a baby shampoo that's free of harmful chemicals, gentle on the skin, and at a price I can afford. When we researched baby shampoos for this guide, we used these criteria, asked other parents what they look for, and read hundreds of reviews to find the best baby shampoos you can buy. I've also tested all of these shampoos with my own babies.

Here are the best baby shampoos you can buy in 2019:

Keep scrolling to check out our top picks.

The best overall

The California Baby Calendula Shampoo and Body Wash is an ultra-gentle shampoo and body wash that's chemical-free.

I absolutely love California Baby Calendula Shampoo. I use it every day for my babies and can't say enough about the quality and gentleness. I first discovered the baby shampoo after a long search looking for a more natural option for my daughter. She has fine hair, and some baby shampoos tend to dry her hair out. A friend of mine told me about California Baby, and I decided to try it based on her recommendation.

The company was started by Jessica Iclisoy more than 20 years ago. Iclisoy was shocked by all the chemicals, fragrances, and additives in baby shampoo, so she found plant-based substitutes for the substances and developed her own baby shampoo recipes.

Now, California Baby has over 80 different personal care products, all of which are made in the United States. The California Baby Calendula Shampoo is made from 100% certified organic calendula and other natural ingredients including French lavender and clary sage essential oils and aloe vera. You won't find sulfates, parabens, synthetic fragrances, or any harmful chemicals.

But don't think that its natural qualities impair its ability to gently clean. California Baby shampoos clean thoroughly while moisturizing and soothing skin. It even suds up nicely, making it a good body wash. The company also makes baby shampoos for sensitive skin, eczema, and cranky babies

I'm not the only one who recommends California Baby. This baby shampoo makes the top baby shampoo list of almost every trusted parenting and baby product website, including  Baby List, The Bump, and What to Expect. While you can buy the baby shampoo onAmazon, I found the California Baby website has better deals overall. 

Pros: Pure (no harmful chemicals ever), organic calendula, fantastic quality, perfect for sensitive skin, smells great, woman-owned business, made in the USA

Cons: None

Buy California Baby Calendula Shampoo and Body Wash (19 fl. oz.) from Amazon for $28.99



The best budget

The Babyganics Shampoo and Body Wash is the perfect choice for budget-conscious parents who want a product that's gentle on sensitive skin and as natural as possible. 

Babyganics makes certified bio-based baby shampoo free of chemicals and synthetic fragrances. When possible, the ingredients are organic and never tested on animals. The shampoo is also available at a price most parents can afford and costs about the same as other baby shampoos with all the harmful preservatives, fragrances, and chemicals.

Babyganics sells a shampoo that's scent free and a 3-in-1 Conditioning Shampoo & Body Wash, in addition to other baby products like diapers and wipes. Babyganics is widely sold online and in-stores, making it an excellent option to pick up on the go.

While I prefer California Baby or Puracy over Babyganics, I found it super convenient to buy anywhere I shopped. It's truly is a solid natural choice at a price that doesn't hurt the pocketbook.

When you look at the price, it may seem about the same as other brands, but you get a lot more for the same cost. Babyganics shampoo comes in 16-ounce bottles and others may charge the same price for 10 ounces. You can find it at .50 to .60 cents per ounce.

Plus, it makes a great bubble bath too. Kids love to play with bubbles from an early age, and nothing stretches out bathtime better than a sudsy playpen.

Other expert reviewers agree: What to Expect named itBest Sudsy Shampoo and Baby List called it a "Foamtastic Cleanser."

Pros: Super affordable, natural ingredients, bubble bath fun, widely available

Cons: Misleading name (not completely organic), some synthetic chemicals

Buy the Babyganics Baby Shampoo and Body Wash (16 fl. oz) at Target for $9.99



The best natural option

The Puracy Natural Baby Shampoo and Body Wash is made with natural ingredients, foams beautifully, and feels silky smooth on baby skin.

I first discovered Puracy as I was researching naturally-derived and chemical free baby shampoo. I decided to try it on my kiddos, and I liked it a lot after the first use. I liked the way it lathered up in my hands because sometimes, organic plant-based shampoos don't foam up as much as others that use chemical-based foaming agents like sodium lauryl sulfate.

With Puracy, all the ingredientson the label are easy to understand. The formula is made from eco-friendly and skin-friendly materials like coconut oil, grapefruit essential oil, and natural sea salt. Puracy doesn't contain any harsh chemicals, eye-numbing agents, petrochemicals (made from petroleum or natural gas), or animal by-products. It's about as pure as you can get when it comes to baby shampoo.

In addition to the high-quality ingredients and commitment to transparency, Puracy also gives back to the community. With each purchase, the company donates personal care products to children in need through Austin's Children's Center and the Ronald McDonald House. The Puracy packaging labels feature hand-drawn artwork by local artists in Texas. All of Puracy's products are made in the USA.

Pros: Natural, plant-based ingredients with no harsh chemicals, ultra-lathering qualities, perfect for sensitive skin

Cons: Slightly higher cost

Buy Puracy Natural Baby Shampoo and Body Wash (16 fl. oz.) on Amazon for $12.99



The best scents

The Honest Baby Shampoo + Body Wash will delight your nose with incredible natural fragrances of sweet almond, sweet orange vanilla, or truly calming lavender.

When my babies were newborns, I used the Honest Baby Shampoo + Baby Wash. I'm a sucker for anything with lavender because I know the essential oil is gentle on the skin and provides relaxation. The Honest baby shampoo with lavender does just that, and I've never been unhappy with the quality or cleansing abilities.

One thing I did find is that dried my daughter's hair out a little but not my son's. My daughter has really delicate hair. I switched to California Baby or Mustela for this reason, but I would definitely buy Honest's shampoo again for my son. 

The baby shampoo is tear-free, hypoallergenic, dermatologist tested and made from naturally derived ingredients. In addition to natural scents, the company offers ababy shampoo without a scent for those who don't want a fragrance — natural or otherwise. I've even used the Honest shampoo as a bubble bath, although, the company does have somepretty good bubble bath options, too. 

I did subscribe to Honest's diaper bundleand then got the shampoo and bubble bath 20% off. You can also subscribe to theHome Essentials Bundle and pick from a list of home and personal care products. 

As New York Magazine said, "It's great for the whole family." 

Pros: Smells incredible, natural ingredients, tons of foam, perfect for the whole family

Cons: Not great for dry hair

Buy Honest Baby Shampoo + Body Wash (10 fl. oz.) on the Honest Co for $9.95



The best for cradle cap

The Mustela Foam Shampoo for Newborns is the perfect shampoo for sensitive baby skin irritated by cradle cap or eczema.

When it comes to shampoo for newborns with skin concerns, you won't be disappointed with Mustela. The French company makes an outstanding baby shampoo with mostly natural ingredients that are tested to be safe on sensitive skin. If you need a baby shampoo to cure cradle cap, you'll love Mustela.

The causes of cradle cap are unknown, but one contributing factor is the hormones passed from the mother to baby in utero. The extra hormones cause a build-up of oil on the skin. While the exact cause is unclear, the symptoms can be painful and itchy. The signs of cradle cap are crusty or oily skin patches on the scalp. The spots aren't contagious or a sign of poor hygiene.

The best solution is to use a gentle shampoo like Mustela and wait for the breakout to pass. Mustela washes away the dry skin cells to help usher in the soft baby skin underneath.

My daughter needed Mustela, and I found it worked great. The cradle cap disappeared in a week or so. Hers was quite mild, but still, I couldn't stand the scaly patches and would've bought anything to help her. Mustela also offersbaby shampoo for eczema andshampoo for normal skin.

Some parents do say that it tangles a baby's hair, and I did experience this a little bit, but I used a high-quality conditioner afterward to ease this problem. As for curing cradle cap averified buyer on Amazon exclaimed, "I only had to use this stuff once, and it cleared up my boy cradle cap instantly." When it comes to easing cradle cap, Mustela really is world-class."

Pros: cradle cap, natural ingredients, affordable, doesn't irritate sensitive skin, affordable

Cons: tangles hair some

Buy Mustela Foam Shampoo (5.07 fl. oz.) at Target for $12.50



Jeff and MacKenzie Bezos are set to finalize their divorce this week — here's what typically happens when billionaires break up

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Jeff Bezos divorce money 2x1

Jeff Bezos, the founder and CEO of Amazon, and his wife, MacKenzie Bezos, are set to finalize their divorce settlement this week. The couple, who have four children, filed for divorce in January following a trial separation after 25 years of marriage. They finalized the terms of their divorce in April.

A lot more was at stake for Bezos, the richest man with a reported net worth of more than $157 billion, than for someone in a typical divorce — as is often the case with high-net-worth couples.

"The major thing for billionaires is that most of the time, their assets are very complex and mostly illiquid — with Bezos, a lot of his assets are linked to Amazon stock," Jacqueline Newman, a matrimonial-law attorney who is a managing partner of Berkman Bottger Newman & Rodd LLP, told Business Insider.

The Bezoses' state of residence, Washington, further complicates matters for Bezos' Amazon holdings. It's a community-property state, which means wealth accrued during the couple's marriage could be split in half, Karin J. Lundell, a matrimonial and trust and estate partner at Rower LLC, told Business Insider.

Such distribution could be altered if the Bezoses signed a prenuptial or a postnuptial agreement, she said: "Often, very wealthy people have prenups that lay out the division of their property. A prenup can carve out certain things and say, 'We'll divide this up.'" TMZ previously reported that the couple did not have a prenup, citing "sources with direct knowledge" of the situation. 

In a Twitter statement on April 4, MacKenzie Bezos said she was granting Jeff Bezos all of her interests in The Washington Post and Blue Origin, and 75% of the Amazon stock co-owned by the pair and voting control over the shares she's retaining.

Her remaining stake in Amazon is estimated to be worth about $38 billion at current prices, making her the third- or fourth-richest woman, according to Forbes' list.

Read more: There are 2 types of contracts married couples can sign to protect their money — here's what it means if divorcing billionaires Jeff and MacKenzie Bezos never signed one

A fortune tied to company stock, like Amazon, complicates divorce for billionaire couples

Having a net worth tied to company stock is an issue billionaires like Bezos often have to contend with in a divorce. Deciding what to do can get tricky — you could transfer the stock itself, but if you do, you could lose control of the company depending on your stake, Newman said.

But running a company brings more issues for divorcing billionaires than the possibility of having to transfer or sell a stock to fund a settlement and possibly lose company control.

"Most of the time, it's valuation issues — how to value assets in business," Lundell said. "The publicly traded stocks are easy to value — you don't want to sell because that causes fluctuation. Business interests that are harder to value and are more complex assets, The Washington Post, we don't know the value of that."

Read more: Billionaire couple Jeff and MacKenzie Bezos live in one of the best states in the US to get divorced if your spouse is loaded — here are the rest

With assets that are hard to value and hard to liquidate, divorce proceedings can take longer because there's a more complex evaluation, according to Newman.

And for billionaires in the public eye, like Bezos, there's also the issue of how the divorce will affect the company, Newman said: "They could be distracted or emotionally charged, there could be concern about whether there will be a transfer of actual shares and who's running the company — stocks could go down."

For high-net-worth people not tied to a company, such as an actor, their public image could be just as important, Newman added.

But for Bezos, she said: "The concern is the company and the shares. That's the biggest issue. Beyond that, children are involved. When you're dealing with people of these levels, there are a lot of cooks in the kitchen, a lot of vested interest."

SEE ALSO: Billionaires Jeff and MacKenzie Bezos may be divorcing, but research suggests the richer people are, the more likely they are to get — and stay — married

DON'T MISS: Jeff Bezos' divorce could rank among the most expensive of all time — here are the 10 costliest divorces ever

Join the conversation about this story »

NOW WATCH: MacKenzie Bezos pledged to donate more than half of her life's fortune. Here's how she went from one of Amazon's first employees to an award-winning novelist.

The best mattresses you can buy for kids

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the best mattresses for kids

  • The better the kids sleep, the better the parents sleep. So help your little sleeper slumber well by getting him or her a great mattress.
  • The Naturepedic Verse Organic Kids Mattress is our top pick because it's comfortable, durable, and guaranteed not to exacerbate allergies, illnesses, or any sensitivities.

The United States National Institute of Health (NIH) recommends that the average adult get between seven and nine hours of sleep each night. For your kids, NIH advises even more slumber. Children ages 3 to 5 should get at least 10 and as many as 13 hours of sleep each night, while kids aged 6 through 13 should get nine to eleven hours whenever possible. Taken as an average, that means children between the toddler and teenage years should aim for 10.75 hours of sleep on an average night.

In theory, then, your child will be spending about 3,923 hours on his or her mattress each and every year. And as many mattresses last for seven, eight, or even ten or more years, the numbers only add up as time goes by. So go ahead and get the kid a good mattress.

Our guide to the best mattresses for kids includes everything from lower cost but decent quality choices to top-of-the-line options that are guaranteed to serve well and last for years. I've included a travel mattress that's comfortable enough for extended use and a gel-topped memory foam mattress for the truly discerning young sleeper.

If I've learned one thing from my first four-plus years of being a parent, it's that good sleep really is important for everyone in the family. While no mattress is going to guarantee a child sleeps blissfully for 13 hours each and every night, you can be certain that a poor mattress is going to cause sleeping issues. So choose a good one and make every night more restful and every day more peaceful. 

Here are the best kids' mattresses you can buy:

Updated on 07/01/2019 by Les Shu: Updated selections, prices, links, and formatting.

Keep scrolling to read more about our top picks.

SEE ALSO: The best mattresses you can buy

The best kids mattress overall

The Naturepedic Verse Organic Kids Mattress is free of formaldehyde, phthalates, vinyl, and multiple other potentially harmful compounds. Plus, it's extremely comfortable.

Yes, this is a $900 twin-sized kids mattress, and yes, that's the same price as many decent queen- and even king-sized mattresses.

But remember those numbers we discussed earlier? The 3,923 hours a year your kid may well spend on the thing? Well, assuming you kept the Naturepedic Verse Organic Kids Mattress for the full 10 years that its warranty covers, and assuming for the sake of argument that your family never travels and your kid never sleeps anywhere else, that would mean a grand total of 39,230 hours spent sleeping on this mattress.

Or another way to look at it is a cost of this mattress: If you keep it for 10 years, it costs 24 cents per day. Isn't your kid's great night of sleep worth that? That was my thinking when I bought my son's first mattress, which was a Naturepedic.

Here's what the Naturepedic Verse Organic Kids Mattress has going for it: 100% organic cotton, encased seven-inch coils that provide support while minimizing motion transfer, and a padded top that maximizes comfort and helps regulate body temperature. Also, it's made in America in case that's important to you.

The mattress does not contain formaldehyde, polyurethane foam, vinyl, phthalates, PFCs, glue, GMO-sourced components, or PVCs.

HackToSleep blog called this top-quality, durable mattress one that will "last your child well into young adulthood." In a review, Green Child Magazine said it offered "firm support ideal for growing children."

Pros: 100% organic and free of chemicals, comfortable and supportive, lasts for years

Cons: Very expensive

Buy the Naturepedic Verse Organic Kids Mattress (Twin) from Bed Bath & Beyond for $899



The best baby and toddler mattress

Your child could comfortably sleep on the Simmons BeautyRest ComforPedic Convertible Crib Mattress from her very first nights home from the hospital through her fourth year.

Here's a little secret you might not know: Toddler beds are the exact same size as standard cribs. Therefore toddler mattresses? Yep, they're the same size as crib mattresses. In fact, often enough one mattress serves just fine for both. Such is the case with the Simmons BeautyRest ComforPedic Convertible Crib Mattress, which has a firmer side designed for use with infants and a softer side for use as your child grows older.

At 52-inches by 27.5-inches, the Simmons BeautyRest ComforPedic Convertible Crib Mattress is the perfect size for standard cribs and toddler beds. But it's large enough to accommodate kids several years past the toddler phase, and at six inches of depth, it will provide comfort and support even as the child grows heavier, too. Most kids don't pass 50 inches in height until age eight, for reference, though you probably shouldn't try to keep them on this small of a mattress for that long.

The Simmons BeautyRest ComforPedic Convertible Crib Mattress is GreenGuard certified to be non-toxic and chemical-free, so you can trust the brand when it comes to a child's safety. At just $130, the mattress is still a worthwhile investment even if you do replace it shortly after the toddler years.

A write up on The Baby Bed called the Simmons BeautyRest Convertible Crib Mattress safe and supportive and labeled it a "best selling crib mattress." Reviewers have also said that the softer side of the mattress "keeps toddlers comfortable all night long."

Pros: Suitable for infancy through early childhood, dual-sided design, certified nontoxic

Cons: Kids will outgrow it by elementary years

Buy the Simmons BeautyRest ComforPedic Convertible Crib Mattress at Target for $129.99



The best travel kids mattress

The AeroBed for Kids Inflatable Mattress inflates in minutes and is large enough for kids well into their elementary years, but small enough to roll up and stow in the car when deflated.

Whether you're a grandparent with grandkids who visit from time to time or the parent in a family that loves to travel and wants your kid to sleep in comfort on the road, the AeroBed for Kids Inflatable Mattress is a great choice for temporary bedding for a little sleeper.

When fully inflated, the mattress measures 50-inches long by 25-inches wide, and one side is recessed in the center to create a narrow wall around the perimeter. This lowered area helps prevent smaller kids from rolling out of the bed, but it does also reduce the amount of comfortable sleeping area. Fortunately, there's an easy solution: Just flip the thing over.

My son has spent many nights on an AeroBed for Kids mattress when we have traveled, and once a soft blanket was laid across the top of the PVC surface and then covered with a fitted sheet, he loved the bedding. I will say, though, that he found the mattress material less than cozy before we added the additional padding.

That said, for $80 and a quick fix from a throw blanket, this thing has proved a fine investment. It's durable, it's easy to inflate using the included AC air pump, and it packs down small when the travel is done.

Travel Crib Reviews praised the AeroBed for Kids' "rapid inflation" and said it was "very portable once deflated." And the Cloud Surfing Kids blog called it the "most comfortable air mattress" they had tested.

Buyers have said the AeroBed for Kids is "quick and easy to inflate" and perfect for younger kids. Others appreciated the raised walls that meant they didn't "worry about [their child] falling off of it."

Pros: Inflates quickly, packs down small for travel or storage, raised walls prevent rolling out

Cons: PVC surface may need padding for comfort, does not work with standard sheets

Buy an AeroBed for Kids Inflatable Mattress at Bed Bath & Beyond for $79.99



The best low-cost kids mattress

The Linenspa Innerspring Twin Mattress is supportive thanks to tempered steel coils and comfortable thanks to a layer of foam and a quilted top. 

At less than $90, the Linenspa Innerspring Twin Mattress is, by all accounts, what you can fairly call a cheap mattress. But it will come as a pleasant surprise to know that the cheap there refers to the price, not the quality. Low cost or not, this mattress nonetheless comes with a 10-year warranty and has received glowing reviews from thousands of satisfied buyers with well-rested kids.

The Linenspa Innerspring Twin Mattress features dozens of heavy-gauge springs made of coiled steel. These provide enough support for youngsters who sleep in any position and help to minimize the transfer of motion, which can help someone stay asleep even if he or she tosses and turns. Above the coils, a layer of foam adds cushioning for comfort, and a soft quilted exterior tops off this layer.

Some sensitive kids probably won't find this mattress as soft and comfy as one featuring three inches of memory foam or gel padding, frankly, but for most kids, it's a fine choice. And for the frugal family, it's a great choice.

TwoMomsReview praised the Linenspa mattress as being "affordable" and "comfortable" and loved how lightweight and easy to unroll and set up the new mattress was.

Pros: Great low price, backed by long warranty, fire-resistant materials

Cons: Not as soft and comfortable as many options

Buy a Linenspa Innerspring Twin Mattress on Amazon for $84.99



The best memory foam kids mattress

Even kids prone to tossing and turning will quickly settle down and drift to sleep atop the soft, supportive, and comfortable Modway Aveline Gel Memory Foam Mattress.

Modway makes an Aveline Gel Memory Foam mattress in just about every standard bed size out there, including king, queen, full, and of course this twin. If this mattress is good enough for a discerning adult sleeper, then it's a safe bet it will satisfy even the discriminating young sleeper in your family.

The mattress measures eight inches in depth, and much of that depth comes from open cell memory foam. This foam lets the different parts of the body sink in as needed to create a supportive, comfortable sleeping environment whether your child slumbers on his back, chest, or side, or whether he shifts around all night like mine does.

Atop the memory foam core, the Modway Aveline Gel Memory Foam Mattress features a denser layer of gel-infused foam that adds support and also helps regulate body temperature. This gel foam layer draws heat away from the body and can even reduce perspiration in hot or humid weather, further adding to the sleeper's comfort.

The mattress is made using low VOC materials, so there is no period of unpleasant odor off-gassing when it is new, nor will sleeping on it exacerbate allergies or medical conditions.

The Sleep Judge called the Modway Aveline Gel Memory Foam Mattress "not too soft, not too firm," but "just right" for most sleepers, while a Super Comfy Sleep review called it an "affordable" and "popular choice."

Pros: Soft and supportive, regulates temperature and perspiration, good price point

Cons: Lacks edge support

Buy the Modway Aveline Gel Memory Foam Mattress on Amazon for $144.99 (originally $278.25)



Check out our other great bedding guides

The best mattresses you can buy

A great mattress can be the difference between a good night's sleep that results in a productive day or a horrible night that makes you feel like you didn't sleep at all. We've tested and researched dozens of mattresses and the Leesa Hybrid (Sapira) and the Leesa Mattress are the best ones you can buy because they suit all sleeping styles. Check out the rest of our picks for the best mattresses you can buy: 


The best pillows you can buy

A good pillow means a good night's sleep. We reviewed dozens of pillows to narrow down the choices to the ones you'll love best. The Adjustable Shredded Memory Foam Pillow from Coop Home Goods is our top pick. You'll enjoy sweet dreams on this supremely comfortable pillow. You should also consider the following options:


The best duvet covers you can buy

Your cozy down-filled duvet needs a stylish cover to keep it clean and add some spice to your bedroom's décor. Our favorite is the Classic Duvet Cover from Brooklinen with its reasonable price tag and high-quality fabric. Here are all the duvet covers we'd recommend you consider:


The best cotton sheets you can buy

At the perfect intersection of comfort and value, our pick for best cotton sheets are the 280-thread-count Pima Cotton Percale Sheets from L.L. Bean. Crisp, cool, and soft to the touch, they make bedtime an affordable luxury. We also like the following options for you to consider:


The best bed frames you can buy on Amazon

Your bed is not only the highlight of your bedroom, but it's also the only furniture you spend 33% of your life on. The Zinus Upholstered Square Stitched Platform Bed Frame is our top pick because it's well-crafted with strapping strength and attractive design. You should also consider:


 



The Walkman just turned 40 — here's how listening to music has changed over the years

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  • The Walkman, the handheld cassette tape player released by Sony in 1979, celebrated its 40th anniversary on Monday. For decades, it dominated the music industry.
  • Recorded music started nearly 150 years ago with the phonograph, an invention by Thomas Edison that recorded audio onto a rotating foil cylinder.
  • Listening to music has, of course, changed since then. Here's a look at how we got to cordless headphones and streaming sites. 
  • Visit Business Insider's homepage for more stories.

Watch any '80s movie and you are bound to spot it — typically clipped to the hip or held in hand.

It's the Walkman.

Though it was first invented 40 years ago, in 1979, the iconic cassette tape player defined the decade when legwarmers weren't part of costumes and Reaganomics ruled the land. It was the first device that allowed listeners to take music with them on the go (hence, the name).

Since then, we've evolved to CDs, iPods, and the current age of streaming services like Spotify and Apple Music. It's easy to forget how revolutionary the Walkman was for its time, and that it marked a pivotal moment in the nearly 150-year-old history of recorded music.

With that in mind, here's a look at how we've listened to music through the years — from the 1800s to today.

SEE ALSO: What Silicon Valley looked like during the early days of the tech boom

DON'T MISS: 9 predictions from old sci-fi movies that actually came true

The phonograph was invented by Thomas Edison in 1877. An article in The New York Times from the same year said the invention of the phonograph "will lead to important changes in our social customs." But in 1877, the phonograph was nowhere near perfect — it was something Edison would continue to perfect over the next 50 years.

Sources: The New York Times, The New York Times



It worked by producing sound into a horn while a tin foil-covered cylinder was rotated using a handle or gear. The vibrations shook a needle and recorded the audio on the foil. This was the "beginning for recorded music — or recorded anything," The New York Times wrote. However, the phonograph only allowed the listener to play a recording once, and, as you can imagine, didn’t produce the best quality.

Source: The New York Times, The New York Times



Soon after, Edison rival Alexander Graham Bell seemed to perfect the phonograph when he patented the Graphophone in 1886 — using Edison's technology but substituting a wax cylinder, which could be played many times.

Source: The New York Times, The New York Times, Britannica



Invented by Emile Berliner in 1888, the gramophone was the first device to record on flat discs and could be duplicated, "like waffles from a waffle iron," according to The New York Times.

Source: The New York Times



At first, the records were made of glass. The invention of the record would establish itself as one of the main ways to listen to and record music for decades to come.

Source: Smithsonian Institute



By the 1940s, the most popular way to listen to music, the news, or even hear presidential debates live was through radio. It quickly became the best way to disseminate information and provide entertainment. This was the decade where the talk show soared. According to NPR, American families listened to the radio "for three or four hours every day."

Source: NPR



In the 1950s, jukeboxes were everywhere — at its highest point, there were more than 700,000 across America, in diners, cafes, and nightclubs. However, the presence of the jukebox began to drastically decline just a decade later.

Source: The New York Times



While radio was still in its height of popularity, the record was inching toward dominating the way people listened to music by the mid-20th century. Records that were once made of materials like glass and wax soon became easier to manufacture using vinyl plastic — which effectively turned the act of listening to music into more of private hobby rather than a social or familial event.

Source: The Smithsonian Magazine



The 8-track did not have a long shelf life. Invented by Bill Lear in 1964, the popularity of the 'Stereo 8' format was quickly killed by the cassette player, introduced in the early 1970s, which allowed people to record their own audio using a similar device.

Source: The New York Times



In 1981, the New York Times wrote that the cassette player was "the most eagerly wished-for of all gifts." The device allowed people to not only listen to recorded music, but easily make their own recordings, too. This gave birth to the mixtape era, in which people could record songs they heard on the radio.

Source: The New York Times



Maybe one of the most visibly iconic music-listening devices, the boombox made its rise in the mid-'70s as a way to play tunes anywhere, and loudly — each contained nearly "150 decibels of power-packed bass," NPR wrote. It was in the '80s when noise ordinances were introduced in major cities like New York, according to NPR. Soon, portable cassette players would reign.

Source: NPR 



Forty years ago, on July 1, 1979, Sony's Walkman was released — and as the first portable cassette player, it revolutionized the way we listen to music. At the time, a Walkman cost $150, and it soon became one of Sony's best-selling products, with over 400 million sold.

Former Sony Chairman Masaru Ibuka is largely credited with the idea for the Walkman.

Source: Business Insider



But the classic blue-and-silver Walkman didn't take off right away in 1979. Sales were slow at first. As a marketing campaign, Sony employees would ask people in the streets of Japan if they wanted to listen to a Walkman, which boosted the device's popularity.

According to The Verge, Sony ceased production of the classic cassette tape Walkman in 2010.

Source: History, The Verge



The Walkman did so well that by 1983, cassettes finally began to outsell vinyl records. But a new listening format was about to take off: the compact disc.

Source: Time



In 1982, we were introduced to compact discs — better known as CDs. The idea for it, according to Gizmodo, came from a meeting between two tech companies, Philips and Sony, in 1979. Both companies wanted something small, thin, and capable of holding approximately 74 minutes of audio.

The first CD player, however, was considered too expensive for the average consumer — it cost $1,000, equivalent to about $2,600 today. The product took time to make an impression on the public.

Source: Gizmodo



Sony's first portable CD player was introduced just 2 years after the CD itself. The Discman was "the smallest and lightest CD player ever produced, and its sound invited comparison with almost any model, regardless of size," according to The New York Times. In 1984, you could buy a Sony CD player for less than $200.

Source: The New York Times



The CD quickly became "the fastest-growing home entertainment product in history," according to writer Greg Milner. CD sales surpassed those of vinyl records in 1988 and cassettes in 1991. The format's peak came in 2000, when consumers bought nearly 2.5 billion CDs worldwide.

Source: The Guardian



But the digital age marked the beginning of the end for CDs. The introduction of Napster popularized the MP3 and, for the first time, allowed internet users to download and share music for free. The peer-to-peer service came under fire from the Recording Industry Association of America and was forced to shut down in 2001.

Source: The Daily Beast



The digital era pressed forward in November 2001 when Apple CEO Steve Jobs introduced its first venture into music players: the iPod. The MP3 player cost $399 and was purported to be as easy and consumer-friendly as a Macintosh computer. Back then, an iPod could hold just 1,000 songs.

Source: The New York Times 



Since 2001, Apple has introduced 5 different types of iPods — Classic, Mini, Nano, Shuffle, and Touch. The company also released iTunes, its digital media player, in 2003.

Apple announced in May it will shut down iTunes with the next big update to the Mac operating system. A former executive vice president of Warner Music Group told the Verge in 2013 that iTunes "invented the digital music business."

Source: Business Insider



The 21st century has seen the rise of YouTube, internet radio services like Pandora, and streaming services such as Apple Music, Tidal, and Spotify. The most popular streaming service, Spotify, has more than 100 million paid subscribers. Although digital music sales increase every year, the overall shift away from physical units has cost the music industry billions of dollars.

Source: Reuters, The New York Times



Although no one knows what the future will hold, there's no doubt that recorded music has come a long way from its humble origins.



The 10 must-read books of July, according to Amazon's editors

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Amazon Books July 4x3

  • Amazon's Best Books of the Month section is full of new releases hand-picked by Amazon editors.
  • This July, you'll discover 10 new titles, including "Three Women" by Lisa Taddeo, and "Deep River" by Karl Marlantes.
  • Check out all the new releases below, along with short summaries provided by Amazon's book editor, Erin Kodieck.

Summer is here, and whether you're soaking up the sun on a city rooftop, enjoying a casual evening in the park, or spending a leasurly Sunday by the pool, a book in hand can make any outdoor situation that much better.

To help inspire your summer reading list, Amazon's editors rounded up 10 of the most captivating new reads into a Best Books of the Month section on the site.

Don't miss out on July's top books, including a new one from Pulitzer Prize-winning author Colson Whitehead. Continue reading to learn more about each one.

Captions have been provided by Erin Kodicek, editor of books and Kindle at Amazon.com.

"The Nickel Boys" by Colson Whitehead

Buy it here >>

Set in the Jim Crow South and based on a true story that will make your blood boil, Pulitzer Prize-winning author Colson Whitehead's "The Nickel Boys" finds two boys navigating a nightmarish reform school.



"The Most Fun We Ever Had" by Claire Lombardo

Buy it here >>

Marilyn and David Sorenson might get along famously but their four daughters, decidedly, do not. Claire Lombardo expertly explores the highs and lows of romantic and familial love in her astute and acerbic debut, "The Most Fun We Ever Had."



"Three Women" by Lisa Taddeo

Buy it here >>

This provocative feat of journalism unflinchingly mines the sexual lives of three women. You will want to shake them, you will want to hug them, and you want to look in the mirror and examine your own complicated relationship with desire.  



"The Need" by Helen Philips

Buy it here >>

A paleo botanist, and exhausted mother of two, confronts a home intruder who may or may not be real in Helen Phillips's "The Need"—a surreal psychological thriller with a deeply emotional core.



"Stay and Fight" by Madeline Fftch

Buy it here >>

The lives of a unique family living off the grid in Appalachian Ohio are upended when their precocious son is injured in an accident. "Stay and Fight" is an earnest and heart-wrenching debut that celebrates, and critiques, what it means to be free.  



"Deep River" by Karl Marlantes

Buy it here >>

"Matterhorn" author Karl Marlantes returns with a harrowing and adventure-filled historical novel about three siblings who are forced to flee Finland and resettle in a Pacific Northwest logging community.



"In The Valleys of The Noble Beyond" by John Zada

Buy it here >>

Is Bigfoot real or imagined? John Zada's lushly written travelogue/nature narrative does not solve this mystery, but it does illuminate what our fascination with this supposed species of hairy, bipedal man-apes says about ourselves.



"They Called Us Enemy" by George Takei and Harmony Becker

Buy it here >>

In this moving graphic memoir, a cautionary tale for today's political climate, Star Trek alum and activist George Takei recounts his family's incarceration in two internment camps during World War II.  



"The Chain" by Adrian McKinty

Buy it here >>

A mother gets a call informing her that her daughter has been abducted. To ensure her safe return, she must kidnap a child, and that child's parent has to do the same. You'll happily abide McKinty's outlandish plot for one of the best white-knuckle reads of the summer.



"Drive-Thru Dreams" by Adam Chandler

Buy it here >>

An entertaining treatise on how fast food has changed American culture, and been changed by it, Adam Chandler traces its history from the beginnings of White Castle to today. 



The best Amazon Prime Day 2019 deals Prime members can get starting today

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Though Amazon's annual sales extravaganza, Prime Day, isn't until July 15, you can already start shopping some Prime Day deals today. 

Every day leading up to Prime Day 2019, Prime members enjoy exclusive promotions and deals on Amazon products and services. 

To shop these early deals and all Prime Day 2019 deals, you must be a Prime member. Sign up for a free 30-day trial here to get in on the Prime Day savings and try the many other benefits of a membership

The following leaked Amazon Prime Day 2019 deals are available to Prime members only, now through Prime Day.

Products:

Services: 

The best early Amazon device deal is on the Fire TV Recast, a live viewing and recording box that works with a Fire TV device and TV antenna to bring you local channels at home and on the go. We reviewed the Fire TV Recast and found it was easy to set up and integrated seamlessly with our Amazon accounts and Fire TV. If you like watching local, live TV but don't want to be saddled with yet another subscription, it's an excellent one-time purchase to get your live TV fix — and only $130 through Prime Day. 

fire tv recast review

These early Prime Day deals are a nice warm-up for the real event on July 15 and 16.

Make sure you're fully prepared by learning how to make the most of Prime Day 2019, looking at what deals were most popular (and are likely to be featured again) last year, and finalizing your Lightning Deal-grabbing strategy

Read all our Amazon Prime Day 2019 coverage here as the big day approaches, and bookmark our list of the best deals of Prime Day 2019 here.

SEE ALSO: What is Amazon Prime Day? Everything you need to know and what to expect on July 15-16

DON'T MISS: 31 useful Amazon Prime benefits to know that go beyond free 2-day shipping

Join the conversation about this story »


An NYC broker who has sold over $1 billion of luxury real-estate says her wealthy clients are used to first-class travel service — and it's impacting which amenities they look for in their homes

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Luxury amenities

Trends in luxury real estate are ever-changing, but they're currently starting to echo trends in luxury travel.

That's according to Lisa K. Lippman, a top Manhattan real-estate broker, who recently told Business Insider what amenities her wealthy clients want in 2019. 

Lippman has worked in the real-estate industry for 22 years and is a broker at the luxury real-estate firm Brown Harris Stevens, where she was the No. 1 broker in 2016, 2017, and 2018.  Lippman has sold over $1 billion of real estate in the past four years and was named the No. 4 broker in Manhattan by The Wall Street Journal in 2016.

Lippman recently told Business Insider that the wealthy want their homes to have the same first-class services they receive when they travel. To that point, some of the top amenities her clients expect include concierges, fitness centers, pilates and yoga rooms, basketball courts, golf simulators, playrooms, and sauna and steam rooms. 

Read more:13 things rich millennials look for in a luxury home, according to real-estate agents 

"Everyone is used to top service when they travel and people now want that level of service at their home," Lippman said to Business Insider in an email.

The amenities Lippman's clients look for emphasize experience as a defining part of luxury. Similarly, Business Insider's Hillary Hoffower reported that the founder of the architecture and design firm Workshop/APD Andrew Kotchen believes luxury is more about experience than aesthetic.

Entire industries are developing or adjusting their services to cater to consumers' heightened interest in mindfulness, wellness, and overall experience. Just consider 15 Hudson Yards, an 88-story superluxury tower in NYC with 40,000 square feet of amenities, including a fitness center, a 75-foot pool, a yoga studio and a private spa. And then there's the $34 million Residence 2646 in San Francisco, also known as the "wellness house," which includes features like an air filtration system, a water filtration system, fitness studio, massage room, and spa with a glass-enclosed sauna and steam shower.

SEE ALSO: An NYC broker who has sold over $1 billion of luxury real estate in the past 4 years and works 16-hour days says she uses 3 simple tricks to stay organized

DON'T MISS: Warehouses are struggling to attract workers, and they're borrowing a tactic from luxury real estate to entice a new wave of employees

Join the conversation about this story »

NOW WATCH: How $100,000 custom pool tables are made for celebrities like Justin Bieber and Taylor Swift

27 products we recommend waiting until Amazon Prime Day to buy, based on deals from past years

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What Not To Buy 4x3

  • While Amazon is slowly releasing early deals for Prime Day 2019 (July 15-16), you won't be able to shop the bulk of deals until the actual day arrives. 
  • We can already guess what's going to be on sale, though. If any of the following 27 products — which include Echo speakers, kitchen appliances, and DNA tests — are on your summer shopping list, we recommend waiting until Prime Day to buy them. 
  • Save time on Amazon Prime Day 2019 and check out our master list of the best deals to shop. We'll be updating it frequently.

It usually pays to be patient. And if you're patient enough to wait until Prime Day (July 15-16) you will certainly be rewarded when you shop for popular products like smart home speakers and small kitchen appliances

In the lead-up to Prime Day, we recommend not biting the bullet just yet on certain items that may go on sale.

We've been covering Prime Day since it first premiered in 2015, and we've noticed patterns over the years of what products get discounted. Often, it's the exact same model, or simply the newest version of the product, that goes on sale every Prime Day. 

The more predictable deals usually come from bigger brands such as Amazon (obviously), Dyson, KitchenAid, and Bose. But deals from newer brands like ChefSteps and Instant Pot have also become easy to spot. 

In addition to the specific products below that we recommend waiting to buy, there are some general categories you should pay attention to while shopping Prime Day. If you're an Alexa enthusiast or you're curious about how it can help your everyday life, Amazon teased in its press release that July 15 and 16 will feature the biggest Prime Day deals ever on Alexa-enabled devices. 

Here are the products you shouldn't buy until Prime Day 2019.

Beauty and skincare:

DNA tests: 

Echo devices: 

Fire devices:

Headphones: 

Home: 

Kindle ebook readers:

Kitchen appliances: 

Tech accessories: 

Eager to start shopping? Amazon has already released some early deals you can access right now. You can also make sure you're fully prepared by reading our Prime Day 2019 checklist

To take advantage of great summer deals like the above, become a Prime member. You can start your 30-day trial here (and cancel the membership after Prime Day ends, if you'd like). 

Want to stay updated on everything Prime Day 2019? Bookmark this page and our master guide to the best deals of Prime Day.

Join the conversation about this story »

Jeff and MacKenzie Bezos' divorce is due to be finalized this week — and she's set to come out of it as one of the richest women in the world

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jeff bezos mackenzie bezos

  • Jeff and MacKenzie Bezos' divorce is due to be finalized in the week of July 1, Business Insider reported.
  • The couple first announced their plans to divorce in January, leading to speculation on how they would divide their fortune.
  • Jeff Bezos— founder and current CEO of Amazon— is set to remain the world's richest person with 75% of the couple's Amazon shares, while MacKenzie Bezos is positioned to become one of the world's richest women after retaining 25% of the shares.
  • Visit Business Insider's homepage for more stories.

MacKenzie Bezos is set to become one of the richest women in the world after her divorce from Jeff Bezos is finalized in the week of July 1.

In April, Amazon CEO Jeff Bezos and his wife MacKenzie announced that they had finalized the terms of their divorce. Following 25 years of marriage, news of their impending divorce first broke in January.

Read more: Jeff and MacKenzie Bezos have finalized the terms of their divorce— here's what typically happens when billionaires break up

MacKenzie announced in a Twitter statement that she will retain 25% of the former couple's Amazon shares, while Jeff will keep 75% along with voting control of the shares she retains. MacKenzie will also be giving him her stakes in the Washington Post and Blue Origin.

Jeff is still set to remain the richest person alive; his current net worth is nearly $157.8 billion.

Following the divorce, MacKenzie will join the ranks of the world's richest women, among them Françoise Bettencourt Meyers, who inherited the L'Oreal fortune in 2017; Alice Walton, one of the three Walmart heirs; Jacqueline Mars of the Mars candy dynasty; and Laurene Powell-Jobs, who has significant stakes in Apple and Disney.

SEE ALSO: MacKenzie Bezos played a big role in the founding of Amazon and drove across the country with Jeff to start it

DON'T MISS: Less than 1% of the world's billionaires donate to housing and shelter charities. Here are the top 10 causes the world's richest people give their money to.

Join the conversation about this story »

NOW WATCH: MacKenzie Bezos pledged to donate more than half of her life's fortune. Here's how she went from one of Amazon's first employees to an award-winning novelist.

The best alarm clocks you can buy

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insider picks best alarm clocks lenovo smart

  • Although waking up early for work or school might never be a joy, a good alarm clock makes it easier.
  • We checked out dozens of alarm clocks and determined that the Magnasonic Projection Alarm Clock is likeliest to wake you up and get you going with the least amount of pain. 

Let's face it: The ring, blare, buzz, or chirp of your alarm clock is probably never going to be your favorite sound. But then again, the angry rumble of your boss, when you show up late for work after oversleeping, is even worse. So make mornings a little easier by choosing an alarm clock that makes your return to reality if not a pleasure, then at least not a pain.

Why you should use an actual alarm clock, not your smartphone alarm

You might be wondering, "Why bother with an alarm clock when I have a phone?" A fair question and many people do wake up to their cell phone's prompting. The problem with this, however, is it makes it far more difficult to put some space between your technology and your sleep, and those are two areas of your life best kept separate.

If the last thing you do before closing your eyes for the night is pick up your cell phone to set the alarm, how likely is it that you're just going to do that one thing, then set the phone down on the nightstand? Admit it, you're probably going to check your Instagram, send a text or two, play just one more round of your favorite game, or surf the web. 

By the time that phone hits the nightstand, you've lost precious sleep time, you've tricked your brain into thinking it's wake-up time instead of dream time because the glow of the blue light emitted by your phone reduces your body's release of melatonin, the hormone that regulates your sleep cycle. Instead of relaxing, you've stimulated your mind. All of that adds up to poor quality sleep followed by a groggy, foggy, "I don't know why I'm so tired," kind of morning.

Here at Insider Picks, we want you to sleep well and wake up refreshed because we do too. That's why we've researched the top consumer websites, listened to sleep experts, test products ourselves, and checked out what actual buyers have to say about their favorite alarm clocks to find the five best options for every kind of person.

If you're outfitting your new home or apartment, check out more of our great buying guides like the best bar stools, the best light bulbs, the best coffee tables, the best area rugs, the best mattress toppersthe best sheetsthe best mattresses, thebest pillows, the best clothes hangers, the best cordless vacuum cleaners, the best laundry baskets and hampers, and the best home security cameras you can buy.

Here are the best alarm clocks you can buy:

Updated on 07/01/2019 by Les Shu: Updated selections, prices, links, and formatting. Added a new option for best smart alarm clock.

Keep scrolling to read more about our top picks.

The best alarm clock overall

The Magnasonic Projection Alarm Clock goes way beyond just waking you up: it also projects the time onto the ceiling, gives you the temperature, automatically sets itself, and much more. 

Waking up might be a little bit more pleasant when you can choose between a buzzer, the radio, or your favorite songs streaming from your smartphone or MP3 player to nudge you out of dreamland. Add to that the fun of seeing the time of day (or night) projected in large, red numerals onto your ceiling  — you don't even have to turn your head to figure out how much more sleep you'll get if you can just fall back into slumber right now — and the large LCD display on the clock's face, and you have just some of the features that make the Magnasonic Projection Alarm Clock our top pick.

The versatile clock also shows you the indoor temperature, automatically adjusts itself to daylight savings time changes, resets itself after a power outage with its built-in lithium battery, and has dual alarms, so both you and your partner can use the same clock to set different wake-up times. Handy!

The Magnasonic Projection Alarm Clock is an Amazon's Choice product, with more than 11,000 reviews and a 4.1-star rating (out of 5). Many buyers praised the projection feature, and particularly liked the fact that the brightness of the blue LCD display can be adjusted; for some owners, the clock's light is just a little too intense. The ability to set one alarm time for Monday through Friday and a separate time for the weekend was another popular feature.

One buyer writes, "It's like the Swiss Army knife of alarm clocks. It has every function you might want and some you probably haven't thought of. Once you get it set up, it is mostly automatic thereafter."

Note: The product was previously known as Electrohome, but it is otherwise the same projection alarm clock.

Pros: Projected time, large display, ability to stream music, dual alarms, low price

Cons: Display is too bright for some

Buy the Magnasonic Projection Alarm Clock on Amazon for $24.99



The best alarm clock for deep sleepers

Even if you sleep like the dead, you'll spring back to life at the first blast of the crazy-loud alarm, vibrations, flashing lights, and bright red display of the Sonic Alert Sonic Bomb Alarm Clock.

Now, this is an alarm clock for the heaviest sleeper. If you're the type who sleeps through anything — thunderstorms, loud neighbors, earthquakes, the zombie apocalypse — you've finally met your match. Sonic Alert's Sonic Bomb Alarm Clock doesn't just rely on its 113-decibel alarm to pry your eyelids open (for comparison, that's about the same decibel level as a car horn or snow blower going off in your ear), it also has a shaker device that slips underneath your mattress or pillow to jiggle you awake, and red flashing lights that trigger with the alarm.

You don't have to use all of those features, however. You can set them in a variety of combinations, or even turn all of them off except for the flashing red lights. You can also set the length of the alarm's ring from one to 60 minutes, and choose a snooze option from one to 30 minutes. Plus, the clock has dual alarms, so both you and your partner can have different wake-up times.

Health chose the Sonic Bomb as one of the best alarm clocks for heavy sleepers, commenting that the flashing lights, loud sound, and bed shaker should "deliver the full sensory message that grave danger awaits unless you get out of bed."

With nearly 7,000 customer reviews on Amazon, the clock has an average of 4.1 out of 5 stars. Not only do most buyers comment that it easily awakens them even though they are heavy sleepers, but several hearing-impaired buyers also mentioned that even without the sound, the vibration and flashing lights were enough to wake them up. One user summed it up well: "If you can sleep through this, then you may not be alive."

Pros: Multiple features to wake up the heaviest sleeper, good for those with hearing impairments, available in several different colors

Cons: A bit cheesy looking, overkill if you're not a deep sleeper

Buy the Sonic Alert Sonic Bomb Alarm Clock on Amazon for $32.29 and up (price varies by color)



The best gentle alarm clock

If harsh, buzzing alarms aren't your preferred way to greet the new day, the sunrise simulation and gentle nature sounds of the Philips Wake-Up Light are a far more relaxing way to slip out of your slumber.

The Philips Wake-Up Light offers a choice of five pleasant nature sounds — or for the more traditionally minded, FM radio — for your morning wake-up call, but the real star of the show is the sunlight simulation. Twenty to forty minutes before your programmed wake-up time (you set both times), the clock will slowly begin to simulate the sunrise, complete with the softest dawn reds and oranges gently brightening into sunny, yellow light. 

Once full "daylight" is reached — you can customize the intensity of the light with ten settings — the nature sounds will chime in as well. You can hit snooze for an additional nine minutes of sleep, but the sunrise will remain on. The Philips Wake-Up Light has dual alarms, so you and your partner can each set a wake-up call.

The Wake-Up Light also works to help you fall asleep, with a reverse "sunset" feature. The lights will slowly dim, lulling you into a restful sleep. You can also use the clock as a bedside lamp while you read.

The Philips Wake-Up Light is a top-pick on many consumer websites. Digital Trends praises the clock's ability to wake you slowly and gently, thus setting your mood for a more pleasant day.

The Wake-Up Light is relatively popular with Amazon buyers, also, with more than 4,000 reviews and an average of 4 stars. Customers love the gentle sunrise, but there are some complaints, as well. Many people mentioned that the buttons are not conveniently placed, and others felt the time readout was not large enough. 

Pros: The sunlight simulation is a far more pleasant and natural way to wake up, can be used as a bedside lamp, sunset simulation to help you fall asleep

Cons: Buttons are poorly positioned, pricey

Buy the Philips Wake-Up Light on Amazon for $104.99 (originally $139.99)

Check out our guide on the best wake-up light therapy alarm clocks



The best smart alarm clock

With the ability to pull content from the internet and control your home, Lenovo's Smart Clock with Google Assistant changes the way an alarm clock wakes you up. 

The Lenovo Smart Clock is more of a bedside assistant than an alarm clock. Yes, it will show you the time on the 4-inch touch-capable display, and you can set multiple alarms. But because it's connected to the internet, you can use this gadget to check weather and traffic before you start the commute; catch up on info like news, sports, and stocks; play music from Spotify, podcasts, or NPR; check your Google Calendar; and, with support for Google Home and Google Assistant, you can control the smart home devices in your home, from Philips Hue lights to Nest Thermostat — all of these by using your voice.

The clock is compact and doesn't take up much room on a bedside table. Its fabric exterior also gives it a soft touch, which is something you wouldn't find with most alarm clocks (or tech product, for that matter).

As an alarm clock, the device doesn't simply blare at you with a buzzer (although that's available too). The screen slowly brightens — like a light therapy clock — and you can customize the sound for each alarm, or wake up to music or news. Even smarter (hence its name), you can automate a specific wake-up routine that turns on lights, set the temperature, and whatever else is connected to your smart home setup. At night, the screen goes dark to help you sleep, while the USB port lets you connect a phone for charging.

Setting it up is easy, although you will need a smartphone with the Google Home app (Android or iOS) to do this (the touchscreen is limited in what you can do). It's relatively painless — just launch the app, and the Smart Clock is automatically recognized and guides you through the set-up process. This is technically a smart speaker, but if you're paranoid about it always listening (like I am) there is a mute toggle on the back; thankfully, there's no camera, which seems to be showing up in every smart home product these days.

There are a few things that the Smart Clock can't do. It can't play videos, so don't think about watching YouTube on this thing to help lull you to sleep; nor can it make calls, like you can with the similar Echo Spot from Amazon, a smart clock based around the Alexa platform. Even though the Smart Clock has Bluetooth, you can't use it to play music from your phone, but you can use Google Chromecast to stream audio to another connected speaker or TV. If you desire the abilities to watch YouTube videos or display content from Google Photos and other "smarter" functions, you may want to look at larger smart displays, like the Google Nest Hub.

As an alarm clock, we like the design, lower price, and tight integration into Google's services of the Smart Clock over Amazon's Echo Spot. If the price was even lower, we wouldn't hesitate to call this our best overall — because, for the first time, you can actually do more with an alarm clock than just wake you up.

Reviews are generally positive, and the criticism — the inability to play videos or and photos, make calls — is in line with ours. Both Wired and The Verge are a little harsher, citing the poor audio quality from the speaker. Insider Picks Senior Editor Malarie Gokey has been testing one by her bed, and she appreciates the size and the variety of alarm sounds. If this product had been priced above $100, we would have passed on it, but considering what it can do and for the price, we still think it's a good buy despite the drawbacks. This is a first-gen product, so expect to see newer and improved versions. — Les Shu

Pros: A variety of wake-up options, display mimics a light therapy clock, supports most Google services and Google Assistant, play from Spotify, Pandora, podcasts, and other online services, control your smart home devices, compact size, elegant design, easy to set up, affordable, USB port for charging

Cons: Can't make calls, play videos or photos, can't stream music from phone, audio quality could be better, Google Home platform required, phone is needed for set-up

Buy the Smart Clock with Google Assistant from Lenovo for $79.99



The best analog alarm clock

If you prefer the old-school simplicity of an analog alarm clock, you can't go wrong with the travel-friendly Marathon Analog Desk Alarm Clock

Perfect for those who prefer a small and simple bedside clock, or need something easy to slip into a suitcase, the Marathon Analog Alarm Clock comes in several colors, is completely silent, has an auto-on soft nightlight that triggers in low light, and a big, spring-loaded button on top to simplify setting or turning off the alarm. It reminds us of the beautiful and iconic Braun Classic Analog Quartz Alarm Clock, but it has a few more useful features.

If you wake up in the middle of the night and want to see the time, a simple push of the snooze button on top of the clock gives you just enough light to easily read the large numbers.

The Marathon clock more than 600 customer reviews on Amazon, with an average of 4.7 stars. Buyers like the clock's completely silent performance, durable construction, soft backlight, and convenient size. The clock's nonslip bottom is another handy feature that buyers liked.

At roughly 4 inches by 4 inches, the clock is just large enough for easy visibility, won't take up much room on your nightstand, and is small enough for travel. It runs on two AA batteries, which are included.

Pros: Silent performance, several color choices, easy to use

Cons: Batteries will eventually require changing

Buy the Marathon Analog Desk Alarm Clock on Amazon for $29.95 (originally $39.95)



The best alarm clock for kids

With OK to Wake! Alarm Clock on the nightstand, your toddler will know when it's time to get up, and when it's time to stay in bed. 

It's a familiar scenario to most parents of young children: Your little one toddles into your room — or starts cruising around the house — far earlier than you'd like. If you're at your wits end for lack of sleep, Ok to Wake! could be the solution you're so desperate for.

This cute alarm clock shows the time just like a regular clock, and can also function as a nightlight for up to two hours. It has a regular beeping alarm, which can be set for any time you would like, and a nap alarm, which functions as a timer to gently wake your child after your desired nap length.

But where OK to Wake! really shines (pun intended) is in its unique feature that parents love: the clock will glow green and show a cute face when it's an acceptable time for your little one to get out of bed. That means even very young children can learn when it's okay to go looking for mommy or daddy — no need to be able to actually read the time. As your child grows, you can stop using the glow feature, and simply use the device as a regular, albeit cuter than average, alarm clock.

It's not perfect, however. The biggest complaint from Amazon buyers is that the clock runs through AA batteries very quickly if you don't have it plugged in (USB adapter sold separately). Still, if you have a youngster who wakes up before the dawn, this may be your solution.

OK to Wake! comes with two faces: a purple flower and green bug. It's easy for kids to use; they simply touch one foot to silence the alarm, the other foot to turn the nightlight on and off. The controls for changing the time and setting the alarm are concealed in the back so your toddler's little fingers can't reset them accidentally.

Pros: A great way to help young children learn to use a clock and determine when it's okay to get out of bed

Cons: Wears out batteries quickly, does not include electrical plug, best for kids kindergarten-age and younger

Buy the OK to Wake! Alarm Clock on Amazon for $24.55



A sprawling Florida mansion right down the street from Mar-a-Lago just sold for more than $110 million, and it broke a real-estate record Trump set back in 2008

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A sprawling Florida mansion just sold for more than $110 million, breaking a real-estate record set by President Trump back in 2008, the Palm Beach Daily News reported.

The Italian Renaissance-style estate, which belonged to late Broadway producer Terry Allen Kramer, is the most expensive single-family home ever sold in Palm Beach. The previous record was the sale of Trump's home for $95 million to a Russian billionaire in 2008.

Kramer's former property, which was listed in October 2018 for $135 million, includes 210 feet of private beach, fruit orchards, canopies of Banyan trees, a luxury fitness center, pool and cabana, lush gardens, and a private boat dock.

The mansion is located at 1295 S. Ocean Blvd. in the Billionaires Row area of Palm Beach, Florida, on South Ocean Boulevard, only half a mile from Donald Trump's Mar-a-Lago resort. It's also a neighbor of billionaire Ken Griffin, who spent $250 million assembling an estate on the same boulevard, as Business Insider's Lina Batarags previously reported.

The listing agents were Gary Pohrer, Ashley McIntosh, Cara Coniglio McClure, Lisa Wilkinson, and Adam McPherson of Douglas Elliman.

Here's a look at the expansive property.

SEE ALSO: NYC hedge-fund managers and Silicon Valley CEOs are flocking to Miami as 'tax refugees,' and it's sparking record, ultra-luxury real-estate sales in the area

DON'T MISS: A glass mansion in Miami has set 2 real-estate records in the past 7 years — here's a look inside the $50 million estate

A sprawling estate in the "Billionaires' Row" area of Palm Beach, Florida, just sold for more than $110 million, breaking the record for the most expensive single-family home sale ever in the affluent town.

Source: Palm Beach Daily News



The property is only a one-minute drive or a 10-minute walk to Donald Trump's Mar-a-Lago club.

Source: Google Maps



It's also a neighbor of billionaire Ken Griffin, who spent $250 million assembling an estate at 1265 S. Ocean Blvd.

Source: Business Insider, Google Maps



The property belonged to late Broadway producer Terry Allen Kramer, who died in May 2019 and was known for producing shows like "Kinky Boots" and "Evita."

Source: Wall Street Journal,The New York Times



Along with her late husband, Kramer had the estate built in 1995 to look like an Italian Renaissance-style palazzo.

Source: Wall Street Journal



The entrance to the estate, called "La Follia," is marked by an opulent wrought-iron gate and a pair of elephant sculptures.

Source: Douglas Elliman



The driveway, shaded by a canopy of Banyan trees, leads to the porte cochere, a type of covered entrance.

Source: Douglas Elliman



The porte cochere allows residents to be protected from the elements between getting out of a car and going inside the house.

Source: Douglas Elliman



The limestone entrance foyer features 25-foot tall ceilings, a chandelier, and decorative archways.

Source: Douglas Elliman



The foyer opens into multiple living areas on the first floor.

Source: Douglas Elliman



The home offers 20,411 square feet of total living space.

Source: Douglas Elliman



A wood-paneled gentleman's club room includes a fireplace and its own bar.

Source: Douglas Elliman



It was designed by renowned Palm Beach architect Jeffrey Smith.

Source: Douglas Elliman



The house has several dining areas, including a space with two round tables and a fireplace ...

Source: Douglas Elliman



... and an even more intricate and light-filled space.

Source: Douglas Elliman



The kitchen features white cabinets and stainless steel appliances including a large gas range.

Source: Douglas Elliman



The main house comes with four private suites ...

Source: Douglas Elliman



... with private bathrooms.

Source: Douglas Elliman



There's one lavish master suite ...

Source: Douglas Elliman



... with an exceptionally spacious en suite bathroom.

Source: Douglas Elliman



A fitness center is located near the pool area.

Source: Douglas Elliman



The home blends indoor and outdoor living with several living spaces that open to the outdoors.

Source: Douglas Elliman



Outside, you can find plenty of spaces for al fresco dining ...

Source: Douglas Elliman



... or lounging and entertaining.

Source: Douglas Elliman



The guest wings overlook the estate's pool ...

Source: Douglas Elliman



... complete with a cabana and lounge chairs.

Source: Douglas Elliman



The estate's listing notes that it was built 24 feet above sea level, allowing for unobstructed sea views.

Source: Douglas Elliman



Situated on a skinny strip of land between the sea and Lake Worth lagoon, the home is the only direct ocean-to-lake estate on Palm Beach, according to the listing.

Source: Douglas Elliman



La Follia comes with 210 feet of private beach ...

Source: Douglas Elliman



... and lush, landscaped gardens.

Source: Douglas Elliman



With its sale for more than $110 million, La Follia is the most expensive home ever sold in Palm Beach. The previous record was held by the $95 million sale of Donald Trump's Palm Beach home to Russian billionaire Dmitry Rybolovlev in 2008.

Source: Wall Street Journal



I drove a $71,000 Mercedes-Benz C 300 convertible to see if the elegant drop-top could combine performance and luxury — here's the verdict

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Mercedes C 300 Cabrio

  • The 2019 Mercedes-Benz C 300 4Matic Cabrio is a stylish, somewhat practical drop-top with a peppy, turbocharged, four-cylinder engine.
  • My test car was extremely well-optioned, adding thousands to the price tag and including some Mercedes AMG goodies that enhanced performance.
  • At the end of the day, however, the C 300 Cabrio is best at leisurely, top-down drives on sunsplashed back roads.
  • Visit Business Insider's homepage for more stories.

It's convertible season here at Business Insider! Warmer weather in the Northeast has brought the drop-tops to our suburban New Jersey test center, and with them the unvarnished joys of open-air motoring.

Convertibles aren't terribly practical cars, and because chopping the roof off tends to undermine overall stiffness, they aren't the best choice for performance driving. But they certainly are fun, day or night. In the month or so, I've gotten my kicks in the BMW M850i, the BMW Z4, and most recently the 2019 Mercedes-Benz C 300 4Matic Cabriolet.

Three rather varied ragtops, actually. The M850 was a beast, the Z4 was an uber-roadster, while the C 300 Cabrio was the perfect compromise.

Interestingly, the trio was made up entirely of soft-top convertibles, and that could signal a trend. I've driven quite a few hardtop cabrios, and while they do allow a convertible to perform double-duty as a quasi-coupé, they aren't really in the ragtop spirit. Soft-tops are, importantly, quicker to stow than retractable hardtops, and also lighter and simpler, which means more trunk space (that's where the top typically ends up when folded down).

In many ways, the convertible is the purest expression of what the automobile is supposed to be about: blissful, directionless driving on a sunsplashed day with the landscape whizzing by and the wind in your hair. When considered in its essence, you want to experience this in a two-seater. But for a smidge more practicality, there's also the two-plus-two, with two nominal extra saddles thrown in.

That's the C 300, which as-tested came with Mercedes' 4Matic all-wheel-drive system. The base price was a not-unreasonable $53,850, but a lengthy options list added thousands, topping out at $70,725.

Worth it? Read on to find out.

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The 2019 Mercedes C 300 4Matic Cabriolet landed in my driveway wearing a chic "Iridium Silver Metallic" paint job (a $720 extra.)



In my book, convertibles should have soft tops and look good with them up. The C 300 gets everything right on this front. I also like the jazzy character lines, and although the rear end of the car is certainly stubby, the overall package is small, so the effect isn't so bad.



The top retracts into a hatch above the trunk lid in about 20 seconds.



And you're all set for some open-air motoring, Mercedes-style.



I've never been a huge fan of Mercedes design, at least not in the past few decades. But cars such as the dashing AMG GT and the C 300 are changing my mind. The C 300 is handsome.



The front end is the best angle, if you're asking. Everything is nicely in proportion, with the LED headlights balancing the large tri-star badge and the aero-features.



When you flip them on at night ...



... the headlights give you a show. They're "intelligent" LED lights, able to adjust to curves and modulate their high-beams.



The blacked-out grille is nicely echoed by the blacked-out, flush hood ornament.



The rear end is a weak spot, bulbous and tubby with the top down. Here, the overdone tail lights throw the design further into an already disturbed imbalance.



The AMG Line Package outfits the 19-inch, five-spoke, $900 wheels with vented front discs and beefy calipers.



Under the hood we have a modest-on-paper 2.0-liter, 255-horsepower four-cylinder engine. But this thing is peppy, serving up enough power to do 0-60 mph in about six seconds! It's also reasonable on gas: 21 mpg city/29 highway/24 city.



Let's slip inside and sample the "Magma Grey Leather" interior.



The front seats are heated and cooled, while the rear seats aren't. Adults would be cramped back here for longer trips, but they should be OK for short jaunts. Children, meanwhile, are fine.



Trunk space with convertibles is never great, and when you bring a stowing mechanism for the top into the picture, it usually gets worse. The C 300's trunk actually isn't too bad — it could accommodate a pair of overnight bags or a few days' worth of provisions.



The perforated, leather-wrapped steering wheel is flat-bottomed and festooned with buttons, knobs, switches and even tiny trackpads to control vehicle functions and displays.



Particularly useful is the ability to switch the right cluster gauge to a navigation screen.



The 10.25-inch infotainment screen runs Mercedes so-so Comand system. Apple CarPlay and Android Auto are also available. The system performs well, but ...



... the interface is complicated to use. Once you master it, the system manages navigation, entertainment, and device-pairing through Bluetooth or USB quite well. The controls are awkward, and the organization of choices in the system isn't intuitive. (The "Grey Oak" wood trim, however, is gorgeous, and so is the sound from the optional Burmester audio system.)



So what's the verdict?

The C 300 Cabrio is probably the most luxurious compact luxury convertible two-plus-two you can buy, with the only potential drawback being the four-cylinder engine. For me, it makes plenty of useful horsepower, but if 255 horsepower doesn't thrill you, you can always consider the AMG C-Class drop-tops, which have a beefier V6 and V8 under their hoods, depending on which AMG model you buy.

I'm not sure that I see the point of louder, huskier convertibles than this, although I'll admit that all convertibles are good convertibles, at some level. The C 300 is a step beyond a roadster, but it doesn't entirely renounce a roadster's lighthearted nature simply by adding two more seats.

And of course, many times when you choose a drop-top with a big motor, you end up wishing you'd selected the coupé. Cabrios compel one to drive slowly enough to feel the breeze, and if your cabrio doesn't like it slow, you might be tempted to stomp the accelerator and create an airflow that's more like a gale.

I really put the C 300 Cabrio through its paces, making several runs up and back to New Jersey lake country, involving both highways and winding back roads. I also used it for everyday grocery store runs and school drop-offs. For the last, it's not the ideal vehicle — no two-seater is — but it's definitely a kick on sunny days.

The C 300 really shines on the transition from highway to byway. The car is comfy at freeway velocities, and if you like, a $1,700 Driver Assistance Package provides Mercedes suite of semi-self-driving features, including Active Steering Assist. That technology has been, in my experience, the closest that another automaker has come to emulating Tesla's Autopilot autosteer feature, although it falls short of Cadillac SuperCruise's fully hands-free highway tech.

In truth, I used all the Driver Assist stuff sparingly because the C 300 was so much fun to drive myself. A combination of the Mercedes Airscarf neck-heating system and a rear wind deflector means that top-down, high-speed motoring is possible (seat heaters also help). But the soft-top has acoustic dampening, so if you choose to go top up for highway driving, you'll enjoy a quiet cabin.

Exit the freeway and head for winding routes, and you'll discover the soft-top can stow at up to 30 mph. I did this a couple of times and then took to some twisty asphalt.

The C 300 likes to tool along at a nice, controlled pace, sliding in and out of corners — but the turbo four also serves up pop on command. In manual and Sport or Sport Plus mode, the power delivery is smooth and lag-less, and you can choose to finesse curves or overpower them. I'm less and less a fan of paddle shifters, so I usually stayed in automatic and let the graceful nine-speed automatic transmission manage the gears.

The steering could have been crisper, even though it was upgraded as part of the $1,500 AMG Line Package. The ventilated front brakes, with some beefy calipers, made up for it. And while some reviewers have called the C 300's suspension stiff, I found it to be just right. In Comfort or Eco mode it softened, and in Sport and Sport Plus it got firm. The calibrations were perfect. The all-wheel-drive setup wasn't much in evidence, as I drove in perfect conditions except for one day when it rained, and then I limited myself to tooling around town.

The C 300 drop-top can be had for about $50,000, minus a lot of cool, but perhaps not entirely necessary, features. The base, rear-wheel drive car is a machine that I would seriously consider adding to my personal fleet — a sort of grown-up convertible, an expense that could be justified. The extras on my tester car were, to be sure, splendid. But I could have lived without many of them.

The bottom line is that while the C 300 Cabrio ain't cheap, it's one of those cars you're going to look forward to driving, and not just on days when the open-air beckons.



All the best Fourth of July sales we know of so far — on mattresses, appliances, clothes, and more

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Old Navy

  • While most of us celebrate Independence Day on July 4 with fireworks and barbecues, retailers are celebrating with big sales.
  • We rounded up all the best sales happening now. From clothes to tech, you'll find the best deals below — and we'll keep updating the list as we find out more deals.
  • Since the Fourth of July falls in the middle of the week this year, you can expect most sales to be extended through the weekend.

Prime Day 2019 will be upon us soon (June 15-16), but in the meantime, there are still plenty of great sales and deals to take advantage of. The Fourth of July is often celebrated with trips to the beach, barbecues or picnics, and nighttime fireworks, but shopping has also become a highlight of the holiday.

If there's anything that you might need or want — clothes, shoes, appliances, mattresses, computers, electronics, or really anything else — you'll definitely want to check out the deals happening throughout the weekend. 

To make sure you don't miss out on all the festivities by spending too much time shopping, we rounded up all of the best Fourth of July sales going on. We've also broken down the list into categories, so you'll easily find what you're looking for.

Since July 4 falls in the middle of the week this year, you can expect most sales to be extended through the weekend. Bookmark this post and check back over the next few days, as we'll be continuously updating it with new deals.

To potentially save more this Fourth of July, you can visit Business Insider Coupons to find up-to-date promo codes for a range of online stores.

Mattresses and bedding

Allswell: 15% off mattresses and bedding with code FIREWORKS through July 6.

Avocado Green Mattress: Through July 8, take $175 off mattresses with code ORGANIC175 and an additional $50 off for verified military and veterans; $150 off a mattress + bed frame combo with code BED150; 2 free pillows with a mattress purchase with code 2FREEPILLOWS

Bear: Save 20% and get two free cloud pillows

Brooklyn Bedding: Save 25% sitewide with code INDEPENDENCE25 through July 4

Casper: Get $200 off with the code INSIDER

DreamCloud: Get $200 off any mattress by entering your emails address for a promo code

Eco Terra: $150 off all mattresses with the code USA150

Eight: Get $300 off The Pod + free in-home professional setup or a free Gravity blanket (valued at $300) through July 8

Helix: Through July 12, take $100 off + 2 free Dream Pillows with any mattress purchase with code FOURTH100, $150 off + 2 free Dream Pillows when you spend $1,250+ with code FOURTH150, $200 off + 2 free Dream Pillows when you spend $1,750+ with code FOURTH200

Layla: $125 off a Layla mattress + 2 free pillows through July 5

Leesa: Get 18% off mattresses + 2 free pillows

Mattress Firm: Save up to $400 on best-selling mattress brands; free adjustable base with orders of $599+ with code FREEDOM

Nectar: $125 off + 2 free pillows when you purchase a mattress through July 7

PlushBeds: $1,200 off all organic latex mattresses + $450 in free bedding through July 4

Purple: Get 10% all mattress orders through July 4

Tempur-Pedic: Save $500 on any size TEMPUR-breeze mattress and get a $300 instant gift with a select mattress set purchase

Tuft & Needle: $150 off the Mint Mattress + 2 free pillows through July 7



Clothing, shoes, and accessories

Andrew Marc: Save an extra 20% sitewide with code AMSPARKS through July 3 

Banana Republic: 40% off everything through May 28

Bandier: Extra 40% off sale styles

Baublebar: New markdowns added to sale through May 27

BLANKNYC: 30% off sitewide with code TAKE30 and get free shipping on orders of $175 or more

Bonobos: Save an extra 30% on all sale styles with the code SALEONSALE30

Club Monaco: Save an extra 30% on sale styles, plus an extra 10% off bottoms through July 1

Coach: Save 50% off all sale styles for men and women

Cole Haan: Save up to 60% on shoes, accessories, and outerwear through July 7

eBags: 25% off sitewide and an extra 30% off customer favorites with code STARS

EyeBuy Direct: Get 30% off all lenses with code SIGHTS

Fossil: Save up to 50% on sale styles until August 4

Gaiam: 20% off active sitting and standing products with code TAKEASEAT20 through July 1

Gap: 40% off everything with code GREAT"through July 4

Hush Puppies: 25% off select full-priced styles and extra 20% off sale styles with code "SUMMERSALE" through July 7

Keds: Get 60% off plus an extra 10% off with the code MAJORSALE through July 7 

L.L.Bean: 20% off your purchase, plus up to 60% off sale items through July 4 

Madewell: 25% off summer must-haves with code FIREWORK through July 8

Manduka: Up to 50% off sale items through May 28

M.Gemi: Save up to 65% on shoes and accessories for men and women through July 8

Old Navy: Save up to 60% off everything

Pact Apparel: Save up to 33% sitewide

Paravel: Get $15 off orders of $75, $35 off orders of $150, and $80 off orders of $300

Ralph Lauren: Save an extra 30% on sale styles with code JULY4 through July 5

Rocksbox: Get your first month free through June 9

Ted Baker: Up to 50% off select items for men, women, kids, and home

ThinkGeek: Extra 75% off Clearance items with promo code LIQUIFY 



Home and kitchen

Bellacor: Extra 25% off select lighting and home furnishings + free shipping through July 7

Boll & Branch: 20% off sitewide automatically through July 7

Buffy: $20 off the Buffy Comforter with code MEMORIALDAY through May 28

Burrow: Get up to $500 off with the promo code FOURTH19 through July 7

Coddle: Up to 25% off with codeFREEDOM through July 7

Floyd: $150 off select products with the code FLOYDOFJULY until July 7

Home Depot: Save up to 40% on appliances, patio furniture, grills, and tools

Houzz: Up to 80% off items across the site through July 7

Overstock: Save an extra 20% on select products and get free shipping through July 7

Pier 1 Imports: Up to 50% off all outdoor items

Target: Up to 30% off patio and home items with the code AMERICA

 

 



Home appliances and home improvements

Best Buy: Up to 40% off appliance Top Deals through July 10

Home Depot: Up to 40% off through July 10

Lowes: Up to 40% off appliance Special Values through July 10



Tech

Best Buy: Save up to $300 on MacBook Pros, Samsung Galaxy S10+, and more

HP: Save up to 61% on laptops, desktops, monitors, and accessories

JBL: Save up to 60% on wireless portable speakers, headphones, and more

Lenovo: Save up to $830 on laptops and computer accessories through July 7

 

 

 

 




French billionaires have made more money this year than their ultra-wealthy counterparts in any other country — and they partially have China to thank

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  • The personal fortunes of French billionaires have grown at more than twice the pace of American and Chinese billionaires in the first half of 2019, Bloomberg found.
  • Growing Chinese demand for luxury goods has raised the share prices of Bernard Arnault's LVMH, Francois Pinault's Kering, and Francoise Bettencourt Meyers' L'Oréal, adding to each of their fortunes.
  • France is also home to one of the world's three centibillionaires — people who have a net worth over $100 billion. Bernard Arnault joined Bill Gates and Jeff Bezos in the exclusive club in June 2019.
  • Visit Business Insider's homepage for more stories.

It's a good year to be a French billionaire.

The personal fortunes of French billionaires have grown at more than twice the pace of the fortunes of their American and Chinese counterparts in 2019, Bloomberg found. The collective net worths of the 14 French billionaires on the Bloomberg Billionaires Index have grown 35% since December 31, while the net worths of American and Chinese billionaires grew 17% and 15% respectively. 

Chinese billionaires may not have enjoyed the success of their French counterparts, but they may have helped create it, according to Bloomberg. Three of the 14 French citizens listed in Bloomberg's list of the 500 wealthiest people in the world have made their fortunes from luxury cosmetics and goods. The sector is booming, largely thanks to increasing Chinese demand.

Shares of LVMH, the luxury conglomerate headed by Bernard Arnault, have jumped 47% in 2019, Markets Insider data shows. Kering, the parent company of Gucci and Yves Saint Laurent led by Francois Pinault, has seen its shares rise 29% since the start of the year. And shares of L'Oréal, of which Francoise Bettencourt Meyers owns a third, are up 25% this year. As a result, Arnault, Pinault, and Bettencourt Meyers added $53 billion to their combined net worths in 2019, Bloomberg reported.

Read more: Bernard Arnault just joined Jeff Bezos and Bill Gates in the 3-person club of people worth more than $100 billion each. Here's how the French billionaire makes and spends his fortune

Business Insider previously reported that Arnault became the world's third centibillionaire, a person worth $100 billion or more, in June 2019. He's the third person, along with Bill Gates and Jeff Bezos, in the exclusive club.

The success of France's billionaires follows a turbulent 2018. European billionaires ended the year $2.3 trillion poorer, a 7% drop in their collective net worth, according to Wealth-X's 2019 Billionaires Census. In 2018, billionaires in North America fared better than those on any other continent, seeing a 5.3% drop in their collective net worth.

SEE ALSO: Meet the 18 ultra-wealthy Americans begging for a wealth tax, from a Facebook cofounder to a Disney heiress

DON'T MISS: What George Soros' life is really like: How the former hedge-fund manager built his $8.3 billion fortune, purchased a sprawling network of New York homes, and became the topic of international conspiracy theories

Join the conversation about this story »

NOW WATCH: Mount Everest is not the hardest mountain to climb — here's what makes K2 so much worse

Save up to $500 on home appliances and 4K TVs at Best Buy — plus 6 other sales and deals happening now

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We rounded up the eight best sales and deals happening online today, with savings appliances at Best Buy, Amazon Music Unlimited subscriptions, and sale items from Levi's. For even more deals and savings across the web, check out Business Insider Coupons.

Best Buy

1. Save up to 40% on select appliances, plus get up to a $500 gift card at Best Buy

Best Buy is currently holding its Fourth of July sale where you can save up to 40% on major appliances for your home, including washer and dryers, gas-range stoves, and refrigerators. In addition, get up to a $500 gift card when you purchase multiple appliances at a time. See the gift card offer details here. Save even more when shopping at Best Buy by visiting our Business Insider Coupons site.

Shop appliances at Best Buy.

levis jeans 16

2. Take an extra 40% off sale styles at Levi's

Currently, Levi's has hundreds of items on sale, and you can save an extra 40% off already discounted styles using the promo code "EXTRA40". Enjoy additional savings at Levi's with a little help from Business Insider Coupons, where you can find coupons and promo codes for your favorite online stores.

Shop sales styles at Levi's.

Amazon Music

3. Prime members who haven't tried Amazon Music Unlimited can get four months for $0.99 

In preparation for Prime Day (July 15-16), Amazon is releasing a bunch of early deals on its services and devices. Right now, Amazon Prime members who have not tried Amazon Music Unlimited before can get four months of the premium-tier streaming service for just $0.99 (usually $7.99 per month). For a full breakdown of the streaming service, check out our review here.

Sign up for Amazon Music Unlimited.

Sign up for Amazon Prime.

Samsung 65

4. Save up to $500 on select 4K TVs at Best Buy

It used to be that 4K TVs were a luxury item, but they're now becoming commonplace in connected homes. Now, you can save up to $500 on over 100 brands and models like the LG OLED — Insider Picks' choice for the best-overall 4K TV. Check out Insider Picks' buying guide for information on the top 4K TVs. Save even more shopping at Best Buy by visiting our coupons site.

Shop 4K TVs at Best Buy.

burrow

5. Save up to $500 on your purchase plus get free shipping from Burrow

Reap the benefits of Burrow's Fourth of July furniture sale a little early — starting now through July 7, you can save up to $500 when you spend $2,500; $350 when you spend $2,000; $250 when you spend $1,500; $150 when you spend $1,000; and $50 when you spend $500 using the promo code "FOURTH19". Plus, you'll get free shipping on your order. Check out a review of Burrow vs. its startup competitor, Campaign.

Shop the Burrow catalog.

Converse

6. Take an additional 30% off sale items at Converse

For more than a century, Converse has delivered its classic shoe to the masses. Nearly 500 styles are on sale right now, and you can save an additional 30% off already discounted items through tonight at 11:59 p.m. EST using the promo code "SAVE30". Find more coupons and promo codes for Converse.

Shop Converse sale items.

Banana Republic

7. Save 40% to 60% on all shoes and get 40% off your purchase at Banana Republic

Banana Republic is holding a couple of sales concurrently where you can save up to 60% on men and women's clothing and shoes. Right now, all shoes are 40% to 60% off with each item clearly marked. You can also save 40% on clothing, no code needed (the deal will show up in your cart). Items not included in the deal will read "Excluded from Promotion" or "Not Combinable." Take a few extra seconds to check Business Insider Coupons for Banana Republic promo codes.

Shop shoes and clothing at Banana Republic

Casper Hybrid Mattress

8.Get 10% off all orders that include a mattress from Casper

Shop the bed, white, and blue sale at Casper through July 5 and get 10% off any purchase that includes a mattress like the Casper Mattress or the Wave — two of our top picks. Just use promo code "STRIPES" at checkout. Besides Casper's highly rated and reviewed mattresses, the sale also includes add-on items like the Adjustable Bed Frame, mattress toppers, sheets, pillows, blankets, and more. Check out more coupons and promo codes to use at Casper.

Shop mattresses from Casper.

Join the conversation about this story »

How teen friendships shape your mental health as a young adult

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Friendship can save lives.

Young adults who felt more connected — defined as engaged, supported, and cared for — at home and school during their teen years are 66% less likely to experience mental health problems and risks, reported HealthDay News, citing a CDC study published by the journal Pediatrics.

That includes a 65% lower lifetime risk of misusing illegal drugs, including prescription drugs; a 54% lower risk of being diagnosed with an STD; and a 51% lower risk of being a victim of physical violence in the past year, according to the study.

"What happens in middle and high school doesn't stay in middle and high school," researcher Kathleen Ethier, director of the Division of Adolescent and School Health at the CDC, said in a press release. "What we experience as adolescents can set us up for success — including avoiding serious health risks like drug use and STDs."

Read more: 'Deaths of despair' are taking more lives of millennial Americans than any other generation

Research backs up the health benefits of having strong relationships. A network of relationships affects your success — it can lead to new jobs and boost happiness, health, and ideas, Business Insider's Drake Baer previously reported

That may explain why successful people have so many groups of friends— University of Chicago professor Ron Burt found that your network fosters a flow of ideas and opportunities. But connections don't just help us get a job or shape our ideas — they also shape our behavior.

Fostering these relationships is more important than ever in a time when depression and "deaths of despair" — deaths related to drugs, alcohol, and suicide — are both on the rise among millennials.

SEE ALSO: Depression is on the rise among millennials, but 20% of them aren't seeking treatment — and it's likely because they can't afford it

DON'T MISS: 2019 is the final class of millennial college graduates. Next stop: The Great American Affordability Crisis.

Join the conversation about this story »

NOW WATCH: How $100,000 custom pool tables are made for celebrities like Justin Bieber and Taylor Swift

Warren Buffett just announced he's donating $3.6 billion in Berkshire Hathaway shares to 5 foundations. Here's how the notoriously frugal billionaire spends his $87.3 billion fortune

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Still living in the house he bought in the 1950s and driving an equally modest car, Berkshire Hathaway chairman Warren Buffett prefers to keep and grow his money rather than take it out of the bank. Not one for lavish purchases, he spends relatively little of his billions — except when it comes to philanthropy.

Buffett announced July 1 that he will donate $3.6 billion in Berkshire Hathaway shares to five groups including the Bill & Melinda Gates Foundation. Buffett is regarded as one of the most generous philanthropists in the world, having donated more than $46 billion since 2000.

Now 88, the Oracle of Omaha's estimated net worth stands at $87.3 billion according to the Bloomberg Billionaires Index— but you wouldn't know it from Buffett's frugal ways.

However he uses his money, not much is spent on himself. See how Buffett spends — or doesn't spend — his billions.

SEE ALSO: 24 mind-blowing facts about Warren Buffett and his $87 billion fortune

DON'T MISS: What George Soros' life is really like: How the former hedge-fund manager built his $8.3 billion fortune, purchased a sprawling network of New York homes, and became the topic of international conspiracy theories

Warren Buffett has a net worth of $87.3 billion, making him the world's fourth-richest person.

Source: Forbes



The CEO of Berkshire Hathaway began building his wealth by investing in the stock market at age 11.

Source: Forbes



As a teenager, he was raking in about $175 a month by delivering "The Washington Post" — more than his teachers (and most adults).

Source: Business Insider



He had amassed the equivalent of $53,000 by the time he was just 16.

Source: Business Insider



But 99% of his wealth was earned after his 50th birthday.

Source: Business Insider



He reportedly earns a salary of $100,000 at Berkshire Hathaway.

Source: GOBankingRates



And in 2013, Buffett made on average $37 million per day — more than what Jennifer Lawrence made the entire year.

Source: MarketWatch



His wealth is greater than the GDP of Uruguay.

Source: Business Insider



But you wouldn't know Buffett is a billionaire by the way he spends his money.



He previously told CNBC and Yahoo Finance's "Off the Cuff" that he's "never had any great desire to have multiple houses and all kinds of things and multiple cars."

Source: CNBC



Buffett lives in a modest home in Omaha, Nebraska, which he bought for $31,500 in 1958. Adjusted for inflation, it's about $276,700 in today's dollars.

Source: Business Insider



As of 2017, it was worth an estimated $652,619, what he calls the "third-best investment he's ever made."

Source: Business Insider



The home spans 6,570 square feet. It has five bedrooms and two-and-a-half bathrooms.

Source: Business Insider



It's also guarded by fences and security cameras.

Source: Business Insider



In 1971, Buffett purchased a vacation home in Laguna Beach, California, for $150,000.

Source: Business Insider



Part of a gated community called Emerald Bay, it's walking distance from the beach.

Source: Business Insider



According to the listing, the home comes with a $9,264 annual association fee, which grants him access to nearby amenities like a pool and spa, picnic area, playground, and tennis court.

Source: Business Insider



It has 3,500 square feet of living space and six bedrooms. Buffett has renovated it since his initial purchase.

Source: Business Insider



Each bedroom has its own en-suite bathroom.

Source: Business Insider



It's secluded and has plenty of wide-open windows for views of the sea.

Source: Business Insider



It's also secluded and simply decorated, mirroring Buffett's simple spending habits.

Source: Business Insider



He put it on the market for $11 million in early 2017, but cut it down to $3 million later that year.

Source: Business Insider



After nearly two years on the market, it finally sold in October 2018 for $7.5 million.

Source: Business Insider



Buffett also has a modest set of wheels. He previously drove a 2006 Cadillac DTS.

Source: GOBankingRates, US News & World Report



In 2014, he replaced it with a Cadillac XTS, which has an original starting price of $44,600.

Source: GOBankingRates, US News & World Report



He also buys beat-up cars — like hail-damaged cars — at reduced prices and is reluctant to replace them, daughter Susie Buffett said in a BBC documentary.

Source: GOBankingRates



"The truth is, I only drive about 3,500 miles a year so I will buy a new car very infrequently," Buffett once told Forbes.

Source: Forbes



He once auctioned his car for $73,200.

Source: Reuters



His Lincoln Town Car once had a license plate that read "THRIFTY."

Source: The Wall Street Journal



Buffett doesn't spend much on technology, at least when it comes to his mobile phone. He still uses a flip phone instead of a smartphone.

Source: Business Insider



Buffett isn't a fan of high-end designer suits. He only wears suits — of which he owns about 20 — made in China by designer Madame Li.

Source: CNBC



Buffett tops off his style with an $18 hair cut.

Source: Marketwatch



Buffett eats the same thing every morning for breakfast — McDonald's. He spends no more than $3.17 on his order.

Source: Business Insider



He also likes to treat his buddy Bill Gates to lunch at McDonald's — which he's paid for with coupons in the past.

Source: GOBankingRates



Buffett is also a thoughtful friend without spending a lot of money. He picks Gates up at the airport, calls him, and sends him news clippings via snail mail.

Source: GOBankingRates



Buffett also dines at the modest Gorat's steakhouse, his favorite. The menu ranges from $3 to $41.

Source: CNBC, Gorat's



Buffett is also a fan of Coca Cola; he has said he typically drinks five Cokes a day — so you can imagine he spends more on the beverage than the average person.

Source: GOBankingRates



Compared to other CEOs, Buffett doesn't spend a whole lot on his hobbies. He plays bridge for about 12 hours a week.

Source: Business Insider



Buffett also likes to hit the green for some golf — but he doesn't spend his money on fancy golf clubs.

Source: GOBankingRates



"I'm a member of every golf club that I want to be a member of […] I'd rather play golf here with people I like than at the fanciest golf course in the world," he once said in a Q&A.

Source: GOBankingRates



He also puts a lot of money toward books. He's said he has a "disgusting pile" of books by his chair, and he spends 80% of his day reading.

Source: Business Insider, CNBC



Buffett also loves to play the ukulele. Girls Inc of Omaha once hosted a ukulele concert as a benefit for Buffett, in which they earned $344.23 in donations.

Source: Reuters



He took the money and purchased 17 Hilo ukuleles for the group — but not without demanding a discount because he was buying in bulk.

Source: Reuters



He's even frugal when it comes to his kids — he fashioned a dresser drawer into a bassinet for his firstborn, Susie.

Source: GOBankingRates



For his second born, Howard G. Buffett, he borrowed a crib.

Source: GOBankingRates



Buffett once spent $100 to take a Dale Carnegie course on public speaking. It helped him propose to his wife, he said.

Source: Business Insider



The one thing Buffett has splurged on is a private jet. He told CNBC, it's "the only thing that I do that costs a lot of money."

Source: CNBC



But that wouldn't be possible without his wise investing strategies. While 99% of Buffett's net worth is tied to Berkshire Hathaway, he invests the other 1%.

Source: Forbes



He purchased shares in Wells Fargo "a long, long time ago," but it's unclear what his stake in the company is.

Source: Forbes



He also purchased two million shares — an 8% stake — in Seritage Growth Properties for a total estimated cost of $73 million.

Source: Forbes



He also owns an undisclosed amount of JPMorgan stock. He's said to be a fan of the bank's CEO, Jamie Dimon.

Source: The Motley Fool



But not all his investments have been wise — back in 1951, he bought a Sinclair gas station with a friend. The Texaco station across the street was more popular, and he lost $2,000 out of his $9,600 savings.

Source: Forbes



Buffett spends most of his billions on philanthropy; he's considered one of the most generous philanthropists in the world, having donated more than $46 billion to causes since 2000.

Source: CNBC



He teamed up with Bill and Melinda Gates in 2010 to form The Giving Pledge, an initiative that asks the world's wealthiest people to dedicate the majority of their wealth to philanthropy.

Source: Business Insider



In 2016, he donated $2.9 billion to various charities, including The Bill and Melinda Gates Foundation and the Susan Thompson Buffett Foundation, in honor of his late wife.

Source: Business Insider



Buffett, through the Susan Thompson Buffett Foundation, has donated tens of millions to the Planned Parenthood Federation of America and the National Abortion Federation.

Source: Inside Philanthropy



He donated even more to the Bill and Melinda Gates Foundation in 2018 — around $2.6 billion worth of Berkshire Hathaway stock.

Source: FORTUNE



That same week, he donated about $800 million in Berkshire Hathaway stocks to the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation.

Source: FORTUNE



Buffett donated another $3.6 billion in Berkshire Hathaway shares to those organizations in June 2019.

Source: Markets Insider



Buffett only plans to leave his kids $2 billion each; the rest of his fortune will be donated to philanthropic causes. He once said he wants to leave his children "enough money so that they would feel they could do anything, but not so much that they could do nothing."

Source: The Washington Post



There is one thing money does buy for Buffett personally, he said in a CNBC interview: Freedom.

Source: CNBC



"My life couldn't be happier" he once said. "In fact, it'd be worse if I had six or eight houses. So, I have everything I need to have, and I don't need any more because it doesn't make a difference after a point.”

Source: CNBC



15 high-profile billionaires and millionaires who aren't leaving their fortunes to their children

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gordon ramsay family

Many high-profile business magnates, billionaires, and celebrities believe money shouldn't be handed to their children.

Anderson Cooper — whose mother Gloria Vanderbilt died on Monday— has previously stated he does not expect a trust fund. Other superrich parents, such as Mark Zuckerberg and Priscilla Chan, have signed the Giving Pledge, which promises to give away the majority of their massive fortunes. However, for some, the amount remaining is still worth millions (if not billions).

Read more: The youngest heirs and heiresses poised to inherit billions from their parents

Business Insider has compiled a list of 15 high-profile millionaires and billionaires — some of whom are the world's biggest business magnates — who won't be signing over their fortunes to their kids in their will. We ranked these wealthy parents in ascending order by their net worth.

Keep reading for a look at 15 high-profile billionaires and millionaires who aren't leaving their fortunes to their children:

SEE ALSO: Meet the 15 richest American family 'dynasties,' who have a combined net worth of $618 billion

NOW READ: Outrageous photos show how the kids of billionaires spend their parents' fortunes

15. Nigella Lawson — $15 million

Nigella Lawson is a food writer, TV personality, and journalist. Lawson was one of the pioneers behind the 21st-century "food porn" revolution with her books including "Feast," "Nigella Express," and "How to Be a Domestic Goddess." Lawson is worth an approximate $15 million (£11.5 million), according to The Richest.

Lawson has two adult children from her first marriage and one step-daughter from her second marriage to advertising mogul Charles Saatchi, which ended in 2013.

In an interview with My Weekly in 2008, during her second marriage, Lawson said: "I am determined that my children should have no financial security. It ruins people not having to earn money.

"I argue with my husband Charles, because he believes that you should be able to leave money to your children. I think we'll have to agree to disagree."



14. Gloria Vanderbilt — $200 million

Heiress Gloria Vanderbilt died on June 17, leaving behind the large fortune she inherited when she was 21 years old. Entertainment Tonight reported her inheritance was worth $200 million as estimated by Celebrity Net Worth.

Unlike his mother, reports say her son — CNN anchor Anderson Cooper — will not receive an inheritance.Business Insider's Ashley Collman reported, "Anderson Cooper has said on several occasions that he will not inherit any money from his mother."

"My mom's made clear to me that there's no trust fund. There's none of that," he told Howard Stern in April 2014. "[And] I don't believe in inheriting money."



13. Gordon Ramsay — $153 million

Owning and operating 40 restaurants around the globe with 16 Michelin stars between them, Gordon Ramsay is one of the biggest names in the British restaurant industry. The well-renowned celebrity chef has a strong TV presence and made 62 million last year thanks to shows such as "MasterChef USA," "MasterChef Junior" and "Hell's Kitchen." His net worth is estimated to be around $153 million, according to The Sun.

The father of four has no intention of leaving his fortune to his children, who still sit in economy on flights while Ramsay and his wife, Tana, peel off for first class: "It's definitely not going to them," Ramsaytold the Telegraph.

"And that's not in a mean way; it's to not spoil them. The only thing I've agreed with Tana is they get 25% deposit on a flat, but not the whole flat.

"I've been super lucky, having that career for the last 15 years in the US. Seriously, it has earned a fortune and I've been very lucky, so I respect everything I've got," Ramsay said.



12. Sting — $300 million

Sting is a musician best known for being the frontman of rock band The Police. The singer has received 16 Grammy Awards, three Brit Awards, a Golden Globe, and an Emmy Award. He has an approximate net worth of $300 million, according to The Richest.

The father of six publicly declared that his children will not inherit a penny of his vast fortune in an interview with the Mail on Sunday in 2014. He said: "I told them there won't be much money left because [my wife and I] are spending it! We have a lot of commitments. What comes in we spend, and there isn't much left.

"I certainly don't want to leave them trust funds that are albatrosses round their necks. They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate," he said.



11. Elton John — $480 million

With a career in music spanning four decades, Sir Elton John's retirement tour is expected to gross more than $400 million, according to Forbes, adding to his impressive estimated net worth of $480 million.

With his husband David Furnish he has two young sons — Zachary and Elijah — but the singer has no intentions of spoiling them with his vast fortune.

"It's terrible to give kids a silver spoon," he said in an interview with the Daily Mirror.

"The boys live the most incredible lives, they're not normal kids, and I'm not pretending they are. But you have to have some semblance of normality, some respect for money, some respect for work."

The couple have borrowed from the Warren Buffett school of inheritance — the second richest man in the world, who also features on this list. Elton John said: "[Buffett] has a really cool model in that he leaves his children enough money so that they have a house, a car and all their basic needs covered and cared for so they never need worry. But it's not crazy, silly, go-wild money so that they could be buying Picassos or private jets."



10. Simon Cowell — $550 million

Simon Cowell is a television and music producer, most famous for "The X Factor," "Britain's Got Talent," and "America's Got Talent." His annual salary was estimated at $95 million in 2015, according to Forbes, and he has a net worth of approximately $550 million, according to The Richest.

In an interview with Esquire in 2013, Cowell said: "I don't believe in passing on from one generation to another. Your legacy has to be that hopefully, you gave enough people an opportunity, so that they could do well, and you gave them your time, taught them what you know."

Although it's unclear whether Cowell still holds the same beliefs (the interview was conducted before the birth of his son Eric in early 2014), Cowell is expected to forward the vast majority of his fortune on to charities benefitting animals and children after his death.

Speaking to Esquire, the X Factor host said: "I'm going to leave my money to somebody. A charity, probably — kids and dogs."



9. Andrew Lloyd Webber — $1.2 billion

Andrew Lloyd Webber is the musical theatre composer behind award-winning, long-running shows such as "The Phantom of the Opera," "Cats," and "Joseph and the Technicolor Dreamcoat." The composer — with seven Tonys, three Grammys, an Academy Award, and a knighthood — has an approximate net worth of $1.2 billion, according to The Richest.

The father of five told the Daily Mirror in 2008 that he didn't plan to pass his vast fortune on to his children: "They aren't bothered. They don't think that way. It is about having a work ethic — I don't believe in inherited money at all.

"I am not in favour of children suddenly finding a lot of money coming their way because then they have no incentive to work," he said.

Instead, he wants to invest his fortunes into musical projects after his death — although he has no finite plans for the time being.

On the topic of inheritance, he said: "It is extremely likely that my wife Madeleine will outlive me so I will leave the problem with her."



8. George Lucas — $6.4 billion

Best known for creating the "Star Wars" and "Indiana Jones" sagas, George Lucas is an American TV and film producer. After selling the Star Wars franchise and his production company "Lucasfilm" — both of which Lucas owned 100% of the rights to — to The Walt Disney Company for $4.05 billion in 2012, Lucas saw hisnet worth rocket to $6.4 billion.

The father of four has one adopted daughter from his first marriage, two further adopted children, and a fourth daughter with second wife Mellody Hobson, born in August 2013.

However, a spokesperson for Lucas told the Hollywood Reporter that the majority of the funds made from the deal would go towards educational philanthropy projects.

Lucas founded the George Lucas Educational Foundation, also known as Edutopia, which aims to research and improve educational practices used in schools in order to make sure that children are gaining the absolute most from their education.



7. Pierre Omidyar — $13.5 billion

Pierre Omidyar founded eBay in 1995 and served as chairman of the online auction company until 2015. Omidyar is gradually selling his stakes in the company as he reduces his role within the brand. He is currently worth $13.5 billion according to Forbes.

Omidyar's current ventures include a technology venture capital firm, an investigative journalism platform, and a philanthropy network called the Omidyar Network.

Omidyar and his wife Pam, who have three children, signed the Giving Pledge in 2010 — a campaign set up by Warren Buffett and Bill and Melinda Gates in the hope of encouraging the super-rich elite to donate the majority of their fortunes to charitable causes. So far, the campaign has over 150 signatures from billionaires and the super-rich.

In their pledge letter, Pierre and Pam Omidyar said: "Our view is fairly simple. We have more money than our family will ever need. There's no need to hold onto it when it can be put to use today, to help solve some of the world's most intractable problems."



6. MacKenzie Bezos — $35.7 billion

Following MacKenzie Bezos' divorce from her husband Jeff, her estimated stake in Amazon is approximately $35.7 billion. Bezos also signed the Giving Pledge shortly after the divorce was finalized.

However, the children may still inherit millions from their father. Despite the divorce, Jeff Bezos is still the world's richest man with a fortune of well over $150 billion.



5. Larry Page — $51 billion

Google cofounder Page's children were born in 2009 and 2011. Another signer of the Giving Pledge— unlike his Google cofounder Sergey Brin — he is ranked No. 10 on Forbes' billionaire list and has a net worth of over $50 billion.

As a signer of the Giving Pledge, Page and his wife have promised to give away the majority of their massive fortune.



4. Michael Bloomberg — $54 billion

Michael Bloomberg is the founder and CEO of software, data, and media company Bloomberg L.P. and the 10th richest person in the world with a net worth of $54 billion according to Forbes.

Bloomberg co-founded the eponymous company, whose facets include financial software, a news platform, a TV network, three magazines, one Manhattan skyscraper, and a soon-to-be £1 billion second HQ in London. Michael Bloomberg retains a 88% stake in the business.

The business magnate and former mayor of New York City has publicly announced that he hopes to give away his entire fortune before he dies — the majority of which will be donated to his self-titled philanthropic initiative Bloomberg Philanthropies.

Bloomberg's two daughters, Georgina and Emma, both work for philanthropic causes.



3. Mark Zuckerberg — $69.7 billion

Mark Zuckerberg co-founded social media giant Facebook, earning a personal net worth of $69.7 billion, according to Forbes.

After welcoming his first daughter, Max, into the world with wife Priscilla Chan in December 2015, Zuckerberg publicized the child's birth by posting an announcement on Facebook. In the post, Zuckerberg declared that he and his wife would be donating 99% of Max's inheritance to charity.

The post, addressed to Max, said: "We want you to grow up in a world better than ours today" adding "we will do our part to make this happen, not only because we love you, but also because we have a moral responsibility to all children in the next generation."

The couple launched the Chan-Zuckerberg Initiative (CZI), which aims toward "advancing human potential and promoting equal opportunity," according to Inside Philanthropy.

The couple has since given birth to another daughter, August.



2. Warren Buffett — $85.5 billion

Warren Buffett is the second richest man in the world with a staggering net worth of $85.5 billion according to Forbes.

Buffett made his name as an investor and serves as the CEO and Chairman of Berkshire Hathaway — a company that owns or holds stakes in dozens of companies including Kraft Heinz, American Express, Duracell, and even Apple. Buffett has been named "one of the most successful investors of all time" by Forbes.

Buffett is a keen philanthropist and plans on pledging 100% of his vast fortune to various charities when he dies, leaving nothing to his children.

Rather than handing each of his three children money directly into their pockets, Buffett has instead promised to give approximately $2.1 billion of Berkshire Hathaway stock to each of his children's charities as rewards for the success of the foundations.

The majority of his fortune will go to the Bill and Melinda Gates Foundation, with a percentage also going to the Susan Thompson Buffett Foundation that the tycoon founded with his first wife.



1. Bill Gates — $102.5 billion

Like many of the world's richest billionaires, Microsoft founder Bill Gates is a keen philanthropist and plans to pass on the vast majority of his $102.5 billion fortune to charitable causes. Gates and his wife Melinda own the world's largest private charitable foundation — The Bill & Melinda Gates Foundation— which works to "help all people lead healthy, productive lives."

Gates' three children have inherited their father's philanthropic gene, and are reportedly happy to not be inheriting their father's fortune. In a Reddit AMA, the Microsoft magnate said his children will inherit just $10 million each — equivalating to less than 1% of his fortune.

In the AMA, Gates said: "I definitely think leaving kids massive amounts of money is not a favour to them. Warren Buffett was part of an article in Fortune talking about this in 1986 before I met him and it made me think about it and decide he was right."



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