London real estate has been a favorite place for oligarchs and thugs to safely park their ill-gotten money. This 9-minute documentary takes you on a tour of North London's Billionaires' Row of uninhabited mansions. The structures are decaying, but the owners don't care, because the real value are the lots themselves.
From Amusing Planet:
The entire neighbourhood is owned by the super-rich, ranging from Saudi princes to East European arms dealers to Indian business magnates. Yet, no one ever lives here for more than a few weeks each year. Most have been left to the staff who looks after the properties while the owners are away. Others have never been occupied. Several huge properties have fallen into ruins after lying vacant for more than 25 years. These once expensive homes are in a terribly bad shape with peeling paint, rotting carpets, water streaming down bedroom walls, collapsed ceilings, and ferns growing between broken floor tiles.
The person who made this video said in the YouTube description, "We rarely explore alone but this documentary was filmed single-handedly, with a sharp ear, eye, a suppression of urgent tension, and a constant readiness to run! Hope you find it interesting."
Microsoft maintains the fiction that it has sold its most valuable copyrights and other intangible assets to a tiny factory in Puerto Rico, where, thanks to promising to hire a mere 85 workers, it pays effective zero tax; the company transfers almost all its profits to this factory to "license" its own crown jewels, making […]
Google and the other big tech companies are some of the most lavish funders of climate denial "think tanks" and lobbying groups, something they've been at continuously for more than six years, without interruption.
Multinationals are excellent players of the global financial tax system, using "profit shifting" (through which operating profits are remitted to phony sister companies in tax havens as "licensing fees" or "management fees") to make it look like wildly profitable companies are losing money, making them eligible for tax relief and rebates -- thus it is […]
Entrepreneurs looking for new avenues to reach customers may not have considered one of the fastest-growing content mediums today: podcasting. And we don’t mean just dropping an advertisement for your product or service in the middle of a popular show. Right now, there are about 850,000 active podcasts reaching 165 million Americans. Those listeners are […]
Twitter rants and various online ugliness aside, social media has actually grown up a bit over the past 15 years. In general, users are warier of their interactions on platforms like Facebook or Instagram — and marketers have taken note. In fact, if you felt retailers you saw on social media were only looking to […]
Virus quarantines and shuttered restaurants sent millions of Americans back to their homes, only to rediscover the joys of firing up an oven and cooking something special for themselves. Whether by desire, necessity, or both, many of us have certainly been spending more time in the kitchen these last few months. And we haven’t just […]