• A self-made billionaire raised his kids to appreciate money. He fired his son once to get the message through.

    John Morgan and wife standing close with German Shepherd in foreground.
    John Morgan with his wife and one of his two German Shepherds.

    • John Morgan raised his children to value money and self-reliance despite his wealth.
    • Morgan once fired his son from a family business to teach responsibility and earn respect.
    • He plans to leave his fortune in a trust for charitable causes, emphasizing gratitude and giving.

    John Morgan says he tried to raise his kids with the same grit that shaped him when he was young. He is the eldest of five and started working various jobs at a young age to help his financially strapped family.

    Today, his legal firm, Morgan & Morgan, is one of the largest personal-injury law operations in the country, and he has an estimated net worth of $1.5 billion, according to Forbes. He attributes his extreme wealth partly to luck.

    "I think when people start making money, they think they're a lot smarter than they actually are, and that arrogance is how they lose," he recently told Business Insider's Kevin Reilly. "And so I believe luck has had an incredible amount to do with what happened to me."

    See Morgan's full interview below:

    That same mindset is why he tried to raise his kids to be more self-aware than spoiled. "These rich people buy their kids great cars, I never did," he said. "I gave them like an 8-year-old Navigator, and they had to work, and they had to pay for their insurance."

    Morgan has three sons and one daughter. His sons now work at his law firm, but when they were younger, some of them worked at WonderWorks, Morgan's chain of science-focused entertainment centers. That didn't go over so well for one of them.

    Morgan fired his son to teach him responsibility

    Morgan and wife standing in front of WonderWorks entrance.
    Morgan and his wife standing outside a WonderWorks.

    "I had to fire Dan once," said Morgan, who had heard that his son, Daniel Morgan, was slacking off at work. "I said, 'Hey man, you're fired. And you're not going out until you get a new job,'" Morgan recalled.

    Daniel Morgan told BI in a follow-up email that getting fired for showing up late to work at WonderWorks was embarrassing. "But it turned out to be one of the most important lessons of my life," he wrote.

    "The golden rule in our house was that you always had to have a job," wrote Daniel, who said he started working for his dad at age 14.

    After he was fired, Daniel Morgan ventured outside the family business. He landed a new job at Boston Market, but it didn't last long. About a week later, Daniel quit because they had him washing dishes, and it made him vomit, Morgan said.

    "I said, think about that, Dan. They got you doing the worst job in the place. That's what they think of you," Morgan said.

    Morgan with his three sons in suits and ties in a hotel setting.
    Morgan with his three sons. Left to right: Mike, Matt, John, and Dan Morgan.

    For Morgan, firing his son was about teaching him perspective and that his last name couldn't buy him respect. It had to be earned.

    After leaving Boston Market, Dan found a job at Firehouse Subs, where he "excelled," Morgan said.

    Daniel Morgan wrote that working in the fast-food industry taught him "the value of humility and hard work (and showing up on time)." He went on to become a lawyer, along with his two brothers.

    "When I eventually joined Morgan & Morgan, I started in the call center and had to work my way up, earning every opportunity," wrote Daniel, who is now a managing partner at Morgan & Morgan.

    Morgan says his family is his real fortune

    For all the wealth and size of his empire, Morgan's family is what he holds most dear. He built homes for his kids at the beach so they could raise their own families side by side.

    John Morgan with wife, son, and grandchildren in tropical setting.
    Morgan with his wife, son, and grandchildren.

    "I would not understand life without them," Morgan said. "Now I've got all these grandchildren, which is just another huge gift. And three of them live across the street from me."

    While he has ensured his kids are well-off, Morgan says he hopes they appreciate how lucky they are and the value of money. Morgan's mentor once told him, which he's passed down to his children:

    "The money belongs to God," he said. Whatever luck granted them this wealth and fortune, it's simply that — luck. The money doesn't belong to him or his family — it's simply theirs to do the most good with while they can, he added.

    Morgan plans to put all his wealth into a trust that his daughter will manage once he's gone, he said. The trust will be used to fund causes he cares about, which are providing food, water, medicine, shelter, and clothing to those in need.

    He hopes his children will also contribute to those causes after he passes. "What we're now doing is we're taking all of our fortune, and we're going to build a permanent foundation to do just those things, and that hopefully will go on way after my death. So that's the game plan."

    Daniel Morgan said he's proud of the mission he and his family are building. "My siblings and I are living proof that my dad's hard lessons paid off," he said.

    Read the original article on Business Insider
  • I toured the only remaining German submarine captured by the US during World War II. Take a closer look.

    The U-505 on display outside the museum.
    The U-505 on display outside the museum.

    • The U-505 submarine served 12 patrols and sank eight enemy boats before the US Navy captured it.
    • The U-boat is now on display at Chicago's Griffin Museum of Science and Industry.
    • Visitors can walk through its control room and bunks that held space for its crew of 59 men.

    When the German submarine U-505 was captured by US forces in 1944, the mission was top secret.

    Now, eight decades later, the vessel — the only intact German submarine that was captured by US forces during World War II and salvaged — is open to the public at the Griffin Museum of Science and Industry in Chicago.

    Built on the docks of Hamburg, the 252-foot-long U-boat was commissioned in August 1941, and, after prepping for combat, was ready for its first mission from January 1942.

    The submarine served 12 patrols and sank eight enemy ships until, on June 4, 1944, it met a similar fate when it was captured by the US Navy.

    After World War II ended, the submarine was taken to Portsmouth Navy Yard in New Hampshire, where it was used for target practice and eventually restored, repainted, and transported across the Great Lakes to its permanent home at the museum in Chicago.

    I visited the museum in January to tour the U-505. Take a look inside.

    The U-505 submarine is open to visitors at Chicago's Griffin Museum of Science and Industry.
    Chicago's Griffin Museum of Science and Industry.
    The U-505 tour at Chicago's Griffin Museum of Science and Industry has four parts. It takes visitors through the history of that era and the events leading up to the German U-boat's capture.

    General admission to the museum costs $25.95. Veterans and active military service members can submit an online entry form for free admission.

    Tickets for the U-505 tour cost an additional $18 for adults and $14 for children, with a $4 discount for active military and veterans.

    Thankfully, I booked my tickets online — other visitors who hadn't secured tickets in advance were unable to see the exhibit because it was fully booked.

    I started my visit to the exhibit by watching footage and reading newspaper clippings to learn some of the historical context. Immersive video experiences then detailed the events leading to the capture of U-505.

    Then, it was time to enter the submarine.

    At 252 feet long, the U-505 is nearly as long as a city block. It is also 31 feet and 6 inches tall.
    The U-505 in The U-505 in Chicago's Griffin Museum of Science and Industry.
    The U-boat's flooring was made from steel, while its deck was lined with pinewood treated with carbolineum.

    The U-boat — short for unterseeboot or "undersea boat" — is divided into three sections: the stern (rear), the amidships (middle), and the bow (front).

    Inside, the floors were crafted from steel, while the top deck was made of pinewood treated with carbolineum, or wood tar, to preserve it and provide black camouflage. This made the sub harder to spot from the air at shallow depths.

    Atop the submarine sits the conning tower, used for navigation, protection, and observation.
    The conning tower of U-505.
    The conning tower, perched atop the submarine, features three guns, which help protect it from attacks by Allied aircraft

    The conning tower, per the Museum of Science and Industry, is a "small yet heavily armored horizontal hull" that sits atop the submarine above its control room.

    It is equipped with three guns, which, when it surfaced, helped protect it from attacks by Allied aircraft.

    The 2-centimeter guns were smaller, rapid-fire weapons designed for close-range defense, capable of shooting 240 rounds per minute.

    The 3.7-centimeter automatic cannon fired fewer rounds — 50 per minute — but was more destructive per shot, making it more effective against tougher targets, such as low-flying aircraft or smaller ships.

    Bullet holes can be seen all over the conning tower.
    Bullet holes.
    Captain Gallery ordered his men to use antipersonnel weapons only, so no major holes were made in the sub's hull.

    On the day of its capture, the U-505 found itself surrounded by US forces, encircled at sea and shadowed from above.

    Three US destroyer escorts launched a series of shots while fighter planes released rounds from their .50-caliber machine guns.

    Under Captain Daniel Gallery's command, only antipersonnel ammunition — designed to incapacitate the crew without causing severe structural damage — was deployed.

    This decision ensured the submarine's hull remained largely intact for potential capture.

    German crewmembers honored their captains by adopting and painting unofficial emblems on the conning tower.
    Bullet holes.
    The Scallop Shell emblem was chosen to represent the sub's last captain, Harald Lange.

    Many U-boat crews embraced unofficial emblems to honor their captains and foster a sense of unity. Although not officially sanctioned, these symbols were typically painted on the conning tower and became a point of pride for the crew.

    The U-505 displayed three emblems during its 400-plus days of operation, one for each of its captains.

    The first emblem, a Rampant Lion wielding an axe, paid tribute to Axel Olaf Löwe, whose surname means "lion." The second, a Greek Axe, honored Captain Peter Zschech. The final emblem, still visible today, is the Scallop Shell, chosen to represent its last captain, Harald Lange.

    The first stop on my tour was the petty officer's quarters.
    The officer's quarters were originally lined with bunks on either side. However, a set of beds on one side were removed to make it easier for visitors.
    The officer's quarters were originally lined with bunks on either side. However, a set of beds on one side were removed to make it easier for visitors.

    It was slightly dark inside, and the lights were dim. The tiny room was packed with four compact bunk beds for mid-ranking men, our tour guide said.

    She stood a few feet from us on what seemed like an elevated floor, but was actually the original height between the submarine's floor and ceiling.

    She explained that after the submarine arrived at the museum, some adjustments were made for visitor comfort. The floor had been lowered to create more space, and some bunks had been removed to allow visitors to move around more freely than the sailors could.

    Still, she said, "It could be worse. You could be one of the enlisted or lowest-ranked men who slept in the forward torpedo room next to active torpedoes."

    In the forward torpedo room, bunk beds flanked a torpedo.
    The forward torpedo room.
    The forward torpedo room.

    For the men who lived in the forward torpedo room, the torpedo would double as a dining table, Wolfgang Schiller, a U-505 crewmember, told the Museum of Science and Industry in an interview in 1999.

    "We sat with our bottom on the bunk and ate on this wooden plank that sat on the torpedo," he said.

    During my tour, I could only see the forward torpedo room through a gated hatch, but it was enough to get a glimpse of how compact life was for sailors aboard.

    The submarine had four 21-inch torpedo tubes in the bow and two in the stern.
    The forward torpedo room featured four torpedos.
    From the archives: the forward torpedo room featuring four torpedos.

    The U-505 carried 22 torpedoes on board.

    One of its torpedo rooms, carrying four 21-inch torpedoes, was at the front of the ship, and the other, with two, was at the back.

    Per museum records, these torpedoes could detect the sound of enemy ships and direct themselves toward their target.

    Once the captain gave the command to fire, depending on the position of the enemy ships, one of the six Acoustic T5 torpedoes was fired offensively or defensively.

    Next, I walked past a narrow hallway and saw the galley sandwiched between other sleeping quarters.
    The galley in U-505.
    The galley in U-505.

    Originally, sailors moved from one part of the submarine to another by passing through hatches. However, to make it easier for visitors, museum staff removed some of the hatches.

    While walking through the hallway, I almost missed the galley because of its tiny size.

    Much like a kitchen in a New York City walk-up apartment, the galley in U-505 could only accommodate one person at a time. Cooks had access to two large hot plates and one small one. There was an additional tabletop hotplate for large pots.

    There was also an oven the size of a tiny air fryer below the hot plates.

    When the U-505 was on patrol, it carried 12 tons of food.
    Food storage in submarine.
    While this isn't the U-505, it depicts how food was carried and stored in U-boats in 1943.

    While patrolling, the U-505 could be on the sea for over 100 days.

    This meant that food for the ship's 59 crew members had to be carried in advance and distributed across the boat to maintain balance.

    Three daily meals were served on U-505, and after each meal, the cooks had to count every pound of food and kitchen supplies consumed and keep a record of where each item was placed.

    Per museum records, crewmembers would consume all the fresh food first and then move to canned items once that was over.

    Items included fresh and cooked meats such as sausages, preserved fish, and potatoes. The food list also included 917 pounds of fresh lemons, which would likely help fight scurvy, a disease caused by a vitamin C deficiency.

    In 1995, 50 years after the U-505 was captured, museum staff found a loaf of canned bread in the submarine.
    A stale bread in a tin from xx and a bowl found in the U-505.
    A piece of stale bread and a bowl were found in the U-505 in 1995 and are now on display at the Museum of Science and Industry.

    Bread — both canned and fresh — was a part of the crew's diet, with museum records indicating that 2,058 pounds of preserved breads were carried on board.

    Museum staff discovered one such loaf of canned bread in 1995. It is now displayed in a glass casing outside the submarine at the museum.

    The crew had to navigate various challenges while underwater, including high temperatures.
    Two bunks on the U-505.
    Given that only 35 bunk beds were on board U-505 and 59 crewmembers, the crew had to take turns sleeping.

    Temperatures could soar above 100 degrees Fahrenheit during warmer months, making life inside the submarine unbearably hot.

    With no air conditioning and limited ventilation, many crew members adapted by wearing only their shoes and underwear to stay cool.

    With just two bathrooms on the entire submarine — one of which was used for food storage — traditional bathing was impossible. Instead, the crew went without showers while on patrol and relied on alcohol wipes to clean themselves.

    In their free time, the crew entertained themselves by listening to records or playing cards.
    Records found on U-505.
    Some of the records found inside U-505 are on display at the Museum of Science and Industry.

    Entertainment on board was limited, but light classical music and, sometimes, popular hits of the day reverberated throughout the sub, according to the museum.

    American forces found 87 records on board upon capture, our tour guide told us.

    Another way the crew kept themselves occupied was by playing a card game called Skat, the national card game of Germany.

    Next, we stopped by the radio room, the U-boat's main connection with the outside world.
    The radio room inside the U-505.
    The radio room inside the U-505.

    The radio room served as the submarine's nerve center for communication.

    This compact space was packed with dials, switches, and wires. There were also several notebooks on display — these were maintained by the crew, who kept detailed records of the boat's activities.

    This is also where the German crew received and deciphered daily messages sent from the main command center.

    The control room had a dizzying number of switches, wires, and valves, which were used to control the ship's direction.
    The control room inside U-505.
    The control room inside U-505.

    The midship compartment, or control room, was packed with crucial controls that kept the submarine running, such as the diving controls for adjusting depth, the gyrocompass for navigation, and the air search radar for detecting threats above.

    All calculations before firing a torpedo were done with pen and paper.
    A torpedo book on display at the Chicago museum.
    A torpedo maintenance log book was found inside the U-505 and displayed at the Museum of Science and Industry.

    Firing a torpedo at the right target at the right moment was a methodical process based on complex mathematical calculations.

    In the 1940s, the four torpedo tubes in the bow were already floated and ready to fire, our guide said, adding that the crew just had to wait for the captain's command.

    Once a torpedo was fired, the crew used a stopwatch to calculate how long it took to hit its target.

    "They are so good at math that they know the exact second the weapon would hit its target," said our tour guide, Elizabeth.

    The US Navy captured the U-505 on June 4, 1944.
    The captured German submarine U-505 alongside the USS Pillsbury after its capture in 1944.
    The captured German submarine U-505 alongside the USS Pillsbury after its capture in 1944.

    Our tour guide explained that while the U-505 was on the hunt for supply ships in 1944, US Task Group 22.3, commanded by Captain Daniel V. Gallery, was looking for the U-505.

    The Task Group included the aircraft carrier USS Guadalcanal and a fleet of destroyer escorts: Pillsbury, Pope, Flaherty, Chatelain, and Jenks.

    Captain Gallery and his men tracked the submarine's signals across the Atlantic for a few months until they finally pinpointed the sub's location.

    Upon detecting the US Navy's presence, the German submarine dove deeper into the ocean.
    USS Guadalcanal's Turboprop Aircraft (TBM) circles overhead alongside the USS Chatelain, whose depth charge attack forced the German crew to surface and abandon their ship.
    USS Guadalcanal's Turboprop Aircraft (TBM) circles overhead alongside the USS Chatelain, whose depth charge attack forced the German crew to surface and abandon their ship.

    The crew members were instructed to prepare for a crash dive — the ship had to get underwater and out of sight as quickly as possible, which meant every person on board, even those off-duty, now had an important job.

    They would have to sprint to the forward torpedo room, dogpile on one another to throw off the weight on the front of the boat, and get it to submerge in just 37 seconds. For context, a regular dive would take about three minutes.

    Once underwater, the crew needed to conserve sound and oxygen.

    The sound of something as simple as a dropped tool could travel for miles and give away the cruise's location.

    Then, a depth charge hit the submarine, spinning it closer to crash depth.
    The USS Murray depth charges the German submarine U-505.
    The USS Murray depth charges the German submarine U-505.

    Depth charges were explosives designed to explode underwater at a predetermined depth.

    Once Captain Lange realized that the boat was sinking, he had a tough choice to make: whether to follow orders that told him to let this boat sink, killing everyone on the board. Or to order a resurface and risk the intelligence of the U-505.

    Captain Lange decided to save his crew.

    Once the sub resurfaced, the crew was out of luck because US forces surrounded them.
    An image of POW Captain Harald Lange captured on the German submarine U505.
    An image of POW Captain Harald Lange captured on the German submarine U505.

    The gunfire on deck went on for six and a half minutes.

    One bullet struck Captain Lange's leg — with the captain down, the crew began to scramble.

    To prevent the U-505's capture, the Germans tried one last trick.
    Water flooded in through a filter that was left open by fleeing German submariners, threatening to sink the vessel.
    Water flooded in through a filter that was left open by fleeing German submariners, threatening to sink the vessel.

    "They tried to sink or scuttle it on their way out," said our tour guide, Elizabeth, which meant that the crew members could either scatter an explosive booby trap called scuttle throughout the sub or open the sea strainer valve, which would flood the sub.

    They decided to open the sea strainer.

    Our last stop on the tour was the electric motor room, with a pit stop to see the sea strainer valve.
    The electric motor room on U-505.
    The electric motor room on U-505 was the last room I saw on the tour.

    Eventually, the Germans were evacuated from the boat, and the American crew, led by Lieutenant (junior grade) Albert L. David and nine other men boarded the sub.

    At first, men from the boarding party started collecting as many intelligence materials as possible. They searched for classified documents, code books, how-to manuals for the U-505 machinery, and anything they could take with them in case the boat sank.

    This is when one of the men found what proved to be more important than classified material at the time: the sea lid for the sea strainer.

    Once the valve had been closed, the Americans felt in control of the boat and were able to tow it to Bermuda.

    At the end of the tour, I learned how the submarine found its way to Chicago.
    Delegates boarding the captured German U505 submarine as it arrives in Chicago and makes its way to the arrival ceremony to be held on the beach outside the Museum of Science and Industry on June 6, 1954.
    Delegates boarding the captured German U505 submarine as it arrives in Chicago and makes its way to the arrival ceremony to be held on the beach outside the Museum of Science and Industry on June 6, 1954.

    Fifty-eight of the 59 German crewmembers on board survived — one was killed by gunfire — and were taken as prisoners of war to Camp Ruston in Louisiana, where they remained until the end of the war.

    The U-505 was painted black to conceal its true identity and kept in Bermuda for the remainder of the war.

    Eventually, the submarine was taken on a publicity tour of the East Coast to fundraise for the ongoing war against Japan. But, once Japan surrendered, the Navy did not have much use for the sub, and they decided to use it for target practice, which would've eventually destroyed the submarine.

    But once again, Daniel Gallery, now an admiral, came to save the ship.

    Since he was from Chicago, he petitioned the authorities to take possession of the boat and display it at the museum.

    The US Navy approved these plans and in 1954, the sub sailed across the Great Lakes and parked on a dry dock at the 57th Street beach in the summer of 1954.

    On September 2, 1954, the submarine was hauled across Lake Shore Drive in Chicago.
    Workers prepare to move the captured German submarine U-505 across Lake Shore Drive in Chicago to its new home at the Museum of Science and Industry.
    Workers prepare to move the captured German submarine U-505 across Lake Shore Drive in Chicago to its new home at the Museum of Science and Industry.

    Lake Shore Drive, a major roadway along Lake Michigan, was shut down at night so the sub could be safely transported to its final destination: the museum.

    Once there, it was declared a war memorial and made a permanent part of the museum's collection.

    At first, the submarine was displayed outside the museum.
    The captured German U505 submarine being moved by engineers to its permanent location inside the museum, April 8, 2003.
    The captured German U505 submarine being moved by engineers to its permanent location inside the museum, April 8, 2003.

    The submarine remained outside the museum for 50 years before staff realized the Chicago weather was causing it to rust and decay.

    So, after years of planning, the sub was moved indoors — to a 35,000-square-foot air-conditioned room.

    Exiting the U-505 exhibit, I was amazed by the life crewmembers had lived on board.
    The captured German submarine U-505.
    The captured German submarine U-505.

    At the end of my tour, a child asked our tour guide, "Why was the U-boat never used again?"

    The guide shrugged and replied, "Likely because of all the damages and how compact it was, it didn't work for the Americans."

    And yet, decades later, here it stands.

    Still imposing, still intact, still capturing the imagination of everyone who walks through its steel-clad past.

    Read the original article on Business Insider
  • Consider airspace ‘above and surrounding’ Venezuela closed, Trump warns airlines

    President Donald Trump during a call with US service members from his Mar-a-Lago club in Florida on Thanksgiving.
    • President Donald Trump has warned that airspace "above and surrounding" Venezuela should be considered closed.
    • It comes amid mounting tensions between Trump and Venezuelan leader Nicolás Maduro.
    • Trump on Thursday said the US would "soon" begin land action against suspected Venezuelan drug traffickers.

    President Donald Trump on Saturday warned airlines to consider airspace "above and surrounding" Venezuela to be closed.

    In a post on Truth Social, Trump wrote: "To all Airlines, Pilots, Drug Dealers, and Human Traffickers, please consider THE AIRSPACE ABOVE AND SURROUNDING VENEZUELA TO BE CLOSED IN ITS ENTIRETY."

    The US has repeatedly threatened military action against Venezuela in recent weeks, as tensions between Trump and Venezuelan leader Nicolás Maduro have mounted over alleged drug trafficking networks in the South American nation.

    Speaking to service members on Thursday, Trump praised the military's work tackling suspected Venezuelan drug traffickers at sea, adding that the US would begin land action "very soon."

    The Federal Aviation Administration had last week warned carriers of a "potentially hazardous situation" when flying over Venezuela.

    The agency said the "worsening security situation" and "heightened military activity" around the country could present risks to aircraft.

    Business Insider has contacted the White House and the Pentagon for comment.

    Read the original article on Business Insider
  • 11 details and easter eggs in ‘Wicked: For Good’ you may have missed, from musical cues to subtle ‘Wizard of Oz’ nods

    Cynthia Erivo as Elphaba and Jonathan Bailey as Fiyero in "Wicked: For Good."
    Cynthia Erivo as Elphaba and Jonathan Bailey as Fiyero in "Wicked: For Good."

    • "Wicked: For Good" is adapted from the second act of the Broadway musical.
    • Main characters from "The Wizard of Oz" appear in the film, but other references are more subtle.
    • The list includes familiar musical cues, symbolic costume designs, and visual callbacks.

    Jon M. Chu's "Wicked: For Good" soared into theaters with a $226 million opening weekend at the global box office, beating last year's "Wicked" to become the biggest box-office debut ever for a Broadway adaptation.

    As a sequel, an adaptation, and a revisionist spin-off of century-old material (Frank L. Baum's "The Wonderful Wizard of Oz" was published in 1900, while its beloved adaptation "The Wizard of Oz" premiered in 1939), the blockbuster features many elements that will feel familiar to viewers.

    All the important characters from its predecessor are back in action: Elphaba (Cynthia Erivo), Glinda (Ariana Grande), Fiyero (Jonathan Bailey), Nessarose (Marissa Bode), Boq (Ethan Slater), Madame Morrible (Michelle Yeoh), and the Wizard (Jeff Goldblum). Additionally, a gingham-clad Dorothy appears in several scenes, as do the Tin Man, Scarecrow, and Cowardly Lion.

    Still, some details and references in the film are more subtle. Continue reading for 11 Easter eggs you may have missed.

    Glinda greets the Ozians with a "Popular" reprise.
    Ariana Grande as Glinda in "Wicked: For Good."
    Ariana Grande as Glinda in "Wicked: For Good."

    Shortly after Glinda is reintroduced in "Wicked: For Good," she's shown greeting a crowd of Ozians in Emerald City. As the double doors open, she strides into view singing the memorable "La-la, la-la" refrain from her Act I solo "Popular."

    A behind-the-scenes clip shared on social media seems to reveal that it was Grande's idea to revisit the refrain in this scene.

    Other familiar melodies are woven throughout the sequel's soundtrack, especially in the newly expanded opening number, "Every Day More Wicked," which repurposes the melody from "No One Mourns the Wicked."

    In addition to writing two new songs ("No Place Like Home" and "The Girl in the Bubble"), composer Stephen Schwartz added fresh material to existing songs from the play. "No One Mourns the Wicked" also introduces brief reprises of "The Wizard and I" and "What Is This Feeling?" from Act I.

    Fiyero is captain of the Gale Force, a nod to Dorothy's full name in "The Wizard of Oz."
    Jonathan Bailey as Fiyero and Ariana Grande as Glinda in "Wicked: For Good."
    Jonathan Bailey as Fiyero and Ariana Grande as Glinda in "Wicked: For Good."

    After the time jump between "Wicked" and "Wicked: For Good," Madame Morrible announces that Fiyero has been appointed captain of the Wizard's police force, dubbed the Gale Force.

    In Frank L. Baum's book and its Hollywood adaptation, Dorothy's full name is Dorothy Gale.

    One of the winged monkeys is wearing Glinda's pink jacket.
    Glinda is attacked by a winged monkey in "Wicked."
    Glinda is attacked by a winged monkey in "Wicked."

    In the film's first shot of Madame Morrible, she's addressing a crowd in the Emerald City, flanked by the Wizard's enslaved flying monkeys.

    The monkey to her right is wearing a ripped pink jacket. It's a subtle callback to the scene in "Wicked" when the monkeys are commanded to recapture Elphaba and Glinda. In the ensuing scuffle, one of them rips off Glinda's jacket — and apparently keeps it as a cozy souvenir.

    The Wizard is using pop-up books to turn the Ozians against Elphaba.
    Karis Musongole portrays young Elphaba in "Wicked."
    Karis Musongole portrays young Elphaba in "Wicked."

    In "Wicked," a flashback to Elphaba's childhood reveals how the Wizard uses pop-up books as a form of kid-friendly propaganda.

    Although he has no magical powers, the Wizard has successfully convinced Ozians that he's all-powerful and god-sent, largely due to his knack for imagery and branding. By targeting children with whimsical merchandise, worship is instilled in Ozians from an early age. As a child, Elphaba herself believed wholeheartedly in the Wizard's goodness and power.

    In "Wicked: For Good," the Wizard uses a similar propaganda blitz to sell the "Wicked Witch" narrative, and Ozians are shown hawking a pop-up book in the Emerald City.

    A young Glinda pretends to conjure a rainbow, perhaps as a nod to Dorothy's iconic ballad.
    Ariana Grande as Glinda in "Wicked: For Good."
    Ariana Grande as Glinda in "Wicked: For Good."

    In a flashback to Glinda's childhood, she tries and fails to perform magic in front of her friends. However, at that very moment, a rainbow appears in the sky, and her friends assume it's Glinda's doing. Instead of setting the record straight, she replies evasively, "You know how I love rainbows."

    Of course, rainbow-colored visuals are littered throughout both "Wicked" films, but this moment seems to draw a more explicit connection between Glinda and Dorothy, who performs the iconic ballad "Somewhere Over the Rainbow" in "The Wizard of Oz."

    Elphaba hides from Fiyero in the woods, recalling a funny line from their first meeting.
    Jonathan Bailey as Fiyero in "Wicked: For Good."
    Jonathan Bailey as Fiyero in "Wicked: For Good."

    When Elphaba and Fiyero first meet in "Wicked," he nearly runs her over with his horse. "I'm so sorry, miss, I didn't see you there," he says. "You must've blended with the foliage."

    This cheeky remark about Elphaba's green skin may have actually come in handy. When she hides from Fiyero and the Gale Force in the sequel, she uses foliage and branches in the forest as cover.

    Elphaba's magic turns the famous slippers from silver to ruby.
    Marissa Bode as Nessarose in "Wicked: For Good."
    Marissa Bode as Nessarose in "Wicked: For Good."

    In "The Wonderful Wizard of Oz," Dorothy's magic shoes are silver, not ruby red as popularized by Judy Garland in the film version.

    In both the play and the movie versions of "Wicked," the shoes are silver so as to match the original text. (Plus, MGM, which produced and distributed "The Wizard of Oz," reportedly still owns the copyright for the design of the ruby slippers. "Wicked" and "Wicked: For Good" were produced by Universal.)

    However, there's one moment in "Wicked: For Good" when the silver shoes take on a different color. When Elphaba casts a spell to make her sister fly, the jewels briefly turn red and luminous like hot embers; Nessa complains that her newly enchanted shoes are burning her feet.

    Nessa's airborne scene is also notably changed in Chu's version. In the Broadway play, Elphaba's magic allows her sister, a lifelong wheelchair user, to walk for the first time.

    "The old narrative was outdated," Bode told Go Magazine. "Overall, the shift makes a lot of sense to me, considering 'everyone deserves a chance to fly.'"

    "Wonderful" was changed to include Glinda, and the new version reuses dialogue and choreography from the first movie.
    Ariana Grande as Glinda in "Wicked: For Good."
    Ariana Grande as Glinda in "Wicked: For Good."

    Grande's Glinda joins the extended version of "Wonderful," the Wizard's signature song in Act II. The pair teams up to convince Elphaba to abandon her vigilante ways — and they very nearly succeed.

    Thanks to her emotional connection to Elphaba, Glinda's efforts are particularly effective. The movie illustrates this by recalling old cues and touchpoints from their journey in Act I, including choreography from the Ozdust Ballroom scene. Glinda even repeats a few of Elphaba's key lines from "Defying Gravity." ("Think of what we could do. Together.")

    "I don't believe Elphaba would ever be convinced by the Wizard," Chu said of adding Grande to the scene. "To me, that was reason enough that if we were going to be convinced that Elphaba would make that turn, that had to come from Glinda first and foremost."

    Glinda's wedding look was designed to reinforce her reputation in Oz.
    Jonathan Bailey as Fiyero and Ariana Grande as Glinda in "Wicked: For Good."
    Jonathan Bailey as Fiyero and Ariana Grande as Glinda in "Wicked: For Good."

    Glinda is marketed to Ozians as "Glinda the Good," a reputation meant to contrast Elphaba's as the "Wicked Witch."

    As part of this propaganda campaign, the Wizard gifts Glinda a flying vehicle shaped like a bubble. Madame Morrible explains that since Elphaba can fly, it's important for optics that Glinda also be airborne.

    This narrative is reflected in Glinda's elaborate costuming, particularly at her wedding to Fiyero.

    Paul Tazewell, who won best costume design at the 2025 Oscars for his work on the first "Wicked" film, told Bustle that he incorporated butterflies and birds into Glinda's wedding accessories to emphasize her public image.

    "The idea of the butterflies was to capture airborne elements. Butterflies are very delicate and an inspiration of beauty because they come in a variety of colors and qualities, and they also have iridescent versions," Tazewell said. "That reminded me of the swirling iridescence of a bubble and how that relates to Glinda and the gift of the bubble vehicle. It's a propaganda device that Madame Morrible and the Wizard have created to continue to encapsulate her as a figure of good."

    "Also, her necklace is a collection of swallows holding jewels," he added. "Again, things that are delicate, beautiful, and airborne."

    Madame Morrible's costumes also feature character-specific details.
    Michelle Yeoh as Madame Morrible in "Wicked: For Good."
    Michelle Yeoh as Madame Morrible in "Wicked: For Good."

    Madame Morrible is a sorceress who specializes in weather control. When she conjures a cyclone to sweep through Oz, the embroidery on her outfit resembles a lightning strike.

    "I was trying to incorporate meteorological images into all of her decorations as we see her evolve into the figurehead that she is in Emerald City," Tazewell told Bustle.

    The film's final shot is a reference to the famous Broadway poster.
    Cynthia Erivo as Elphaba and Ariana Grande as Glinda in "Wicked: For Good."
    Cynthia Erivo as Elphaba and Ariana Grande as Glinda.

    In the final moments of the film, Elphaba and Glinda are shown in a flashback to their school days. Elphaba is wearing her classic black witch hat, while Glinda is wearing a white hood.

    Glinda turns toward Elphaba and whispers in her ear, mimicking the famous illustration on the Broadway poster.

    Chu told Business Insider's Jason Guerrasio that it was "always the plan" to have the last shot be an homage to the playbill artwork.

    "I was always going to end on the whisper," Chu said. "And do you know how hard it was to force Universal to never use it in any marketing material?"

    In fact, Chu was so determined to keep the last shot a surprise for audiences that he kept the footage hidden from the studio.

    "That poster is one of the most brilliant posters ever made. You don't know what Glinda's saying, because they never actually do that in the musical," he said. "But it's sort of the key to friendship. That we have these secrets. And the girls got to choose what they are actually saying in the scene. I don't even know what they said."

    Read the original article on Business Insider
  • A top Marine shares his secrets to keeping fit at 50

    The US Marine Corps' top enlisted leader, Sergeant Major Carlos Ruiz, plays frisbee with Marines,
    The US Marine Corps' top enlisted leader, Sgt. Maj. of the Marine Corps Carlos Ruiz, plays frisbee with troops,

    • Sgt. Major Carlos Ruiz shared his fitness routine for longevity at 50.
    • Ruiz balances cardio, resistance training, and recovery to maintain Marine Corps fitness.
    • He emphasizes hydration, proper gear, and adapting routines for sustained health and performance.

    For every military service chief, there's a senior enlisted advisor, the person responsible for what's often the most human side of command, including things like troop welfare and fitness.

    In the Marine Corps, that's Sgt. Maj. Carlos Ruiz — tall, upbeat, and, at 50, still running miles alongside Marines across the globe.

    While generals shape strategy and operations, senior enlisted leaders focus on how those decisions impact the troops who execute them. For Ruiz, that means staying fit and setting the example himself.

    "A little bit of running, a little bit of gym, and a lot of PT with Marines," he told Business Insider of his routine, using the military's acronym for physical training. That "little bit of running" might be an understatement though. He recently completed the Corps's annual marathon in Washington, DC, over 26 miles.

    Here's how the Corps' top enlisted Marine stays in shape.

    Resistance

    These days, Ruiz's priority isn't busting records in the squat rack or leveling up in the Corps' martial arts program. It's longevity, something Ruiz said he's keen to protect while still keeping up with, and often out-performing, Marines half his age.

    Key to longevity is maintaining his natural build, focusing less on heavy weightlifting and more on training that builds strength without risking injury.

    No longer trying to bulk up, he balances cardio and resistance work, trading heavy barbell lifts for dumbbells, kettlebells, and machines that protect his joints.

    Sergeant Major Carlos Ruiz told Business Insider that fitness in the service isn't a hobby, it's a way of life.
    Sergeant Major Carlos Ruiz told Business Insider that fitness in the service isn't a hobby, it's a way of life.

    Even at his rank, Ruiz still takes the Marine Corps' two annual fitness tests, which measure both strength and endurance. The first, held in the year's opening half, includes a three-mile run — his fastest time is about 16:30, or a 5:30-per-mile pace — along with pull-ups and a nearly four-minute plank.

    The top pull-up scores for men and women are usually just over 20 and 10 dead-hang pull-ups, respectively.

    The other annual test, held later in the year, simulates battlefield fitness, with 30-pound "ammo can" presses, an 800-meter sprint, and a timed agility event.

    Ruiz's wife, a retired Marine, puts him through his paces to keep his pull-ups and ammo-can lifts on point. As soon as he comes home after a long work day, he owes her a set of either, depending on which fitness test is around the corner.

    "She holds me accountable at home because she's a Marine of 22 years," he added.

    "When it's over with the Marine Corps, I want to have another career. I'm not looking to retire out of the world," he said, explaining he's not one to sit still at home. "I want to be functional."

    Running

    Ruiz is a religious runner.

    Most days he runs a breezy five miles. On Sundays, when he's home, he goes for a ten-mile run from his home at the Corps' famous 8th and I barracks in Washington, DC, weaving across the National Mall, and over to the Corps' Iwo Jima Memorial. Sometimes he spies Marine groups on the National Mall working out and pops by to say hello.

    His warm-ups, a brisk walk and some stretching, are lengthier these days and an important part of his routine that he says helps to get his mind ready.

    "It takes me a long time to warm up. I love the process of getting ready for a run, being alone in my head."

    Running hasn't always come naturally, he said, and took time for him to develop a deep love for.

    Bad initial experiences can lead many to dislike running, Ruiz lamented — many are thrust into the service with little prior running experience and are forced into mass-unit runs with scores of other people wearing the wrong shoes, with no coaching for form or breathing, and poor diets.

    Ruiz and other Marines did a round of push-ups after a unit run in Japan on Sep. 3, 2025
    Ruiz and other Marines did a round of push-ups after a unit run in Japan on Sep. 3, 2025

    It can easily morph into a short survival test for many and end there, he said. It took years for his own love of running to develop. It is now a sacred part of his daily routine.

    For those looking to get into running — and who can afford new shoes — Ruiz recommends getting fitted for the right pair to maximize comfort and prevent injuries. Make running enjoyable, he said, and give it time. It might take a few months before you start to appreciate the routine that's become therapeutic for him.

    And for anyone in need of maximum Marine Corps motivation, Ruiz recommended his current running playlist of Marine and Army cadence, the songs troops call out for marching ("double time" tempo can equate to that of a leisurely jog).

    Recovery

    For recovery, Ruiz sticks to the basics — good food, hydration, and rest.

    He knows he'll be sluggish on his daily run if he hasn't gotten enough water or electrolytes, or if he's out of balance with his carbohydrate intake. An out-of-whack diet for Ruiz means "it's not going to be a quality and a comfortable run." Instead, he said, it'll be one "where I spend time struggling to get a rhythm, and not relaxing."

    Ruiz is not one for trendy fitness bells and whistles except for one area — tracking his physical data like sleep, heart rate, and run times with a Garmin smart watch. It's something special operations units already do, he said, and an effort he hopes the rest of the military can implement one day for better injury prevention. Such steps could boost retention, he said, mitigating medical issues.

    "Fitness in this service should not be a hobby. It must be a way of life," he said. "And we as a service have to provide the tools necessary for that Marine to continue to grow and get to the better version of themselves faster, and not by accident, but by design."

    Ruiz downs a protein drink after any workout, but stays away from other drinks or powders, like creatine. But especially because of his age, he said he likes to keep an open mind about trying new things when it comes to fitness, like bands for strengthening small but critical muscles that help with overall balance and strength, like hip flexors.

    By 50, people are used to doing things a certain way, he said, acknowledging his own previous stubbornness with trying out new approaches to health and fitness. But now, he said, "it is rewarding to figure out a better way" of maintaining his health.

    Read the original article on Business Insider
  • MrBeast said 3 key factors make his YouTube videos popular

    YouTuber MrBeast (Jimmy Donaldson) speaking at an event, wearing a black shirt.
    MrBeast's YouTube videos reach hundreds of millions of subscribers.

    • MrBeast listed three factors that drive his massive YouTube viewership during a deposition last year.
    • He called out his high-budget spectacles, originality, and his obsession with quality as key.
    • MrBeast employs around 300 people in his Greenville, NC headquarters to pull off his video stunts.

    What is MrBeast's secret to YouTube popularity?

    During a court deposition last November, YouTube's top creator, whose real name is Jimmy Donaldson, boiled his videos' success to three main factors:

    • High-budget spectacles
    • Originality
    • Obsession over content quality

    At a high level, the creator's dominance is rooted in the work of hundreds of creative staffers who help dream up video ideas, build elaborate sets, and ruthlessly optimize to YouTube's recommendation algorithm.

    Let's dive into the three key elements of his content strategy, starting with the MrBeast spectacle:

    There's no denying that MrBeast is YouTube's king of stunts.

    "I buried myself alive for seven days. No one else does that kind of stuff," Donaldson said during the deposition.

    Beyond entombing himself, MrBeast has also sent a train barreling into a giant pit and raced a car against a cheetah, among other spectacles.

    The creator employs around 300 staffers in his Greenville, North Carolina headquarters — and roughly 450 in total — to help him pull off his wild ideas. He recently hired ex-NBCUniversal executive Corie Henson to run his studio division and expand the company's content slate. The MrBeast team will soon release the second season of its Amazon Prime Video show, "Beast Games," and recently released a separate animated series on YouTube.

    While pulling off stunts has become a genre on YouTube, coming up with original ideas that feel unique to MrBeast is also core to the company's strategy.

    "We usually have pretty original ideas," Donaldson said during his deposition. "People are like, 'Oh, this is cool, original, far-out content,' and they gravitate towards it."

    While many YouTubers end up imitating each other's video ideas, MrBeast's edge stems from making his audience of over 450 million subscribers believe they're always getting something unique. Donaldson is often trying to break a record, like building the largest reality-TV competition set.

    "I feel like in this day and age, so many content creators are trying to be him," a former MrBeast staffer told Business Insider earlier this year. "But he will always be MrBeast. He has access to things that no one else does."

    Lastly, MrBeast is obsessed with content quality (as determined by his own taste). Former MrBeast creatives told Business Insider that he will sometimes throw out an already filmed video if it doesn't feel up to his standards.

    "I'm just really obsessed with the quality of my videos and do everything in my power to make it as good as possible," Donaldson said during his deposition. "It's kind of what I obsessed over most of my life. People can tell the effort we put into them."

    Read the original article on Business Insider
  • I’ve lived in New England my whole life. There’s one coastal city I swear by visiting for a cozy winter weekend.

    A street near Bowen's Wharf in Newport, Rhode Island.
    Newport is my favorite place to visit during the winter.

    • Newport, Rhode Island, is a popular summer destination, but it's even better during the winter.
    • It's less crowded in the colder months, and the historic mansions are decked out for the holidays.
    • I recommend taking a nighttime stroll near Bowen's Wharf and visiting a seasonal hot chocolate bar.

    When the narrow cobblestone streets begin to empty, the usually omnipresent sailboats are tucked away in storage, and the Del's Lemonade trucks are closed for the season, it's clear that winter has arrived in Newport, Rhode Island.

    I'm a Rhode Island local who spends time in this coastal city year-round. Tourists usually flock to Newport during summer, and I get it: The city's Gilded Age buildings, sweeping coastal views, and quaint local businesses make it a great beachy getaway.

    That said, I believe there's something enchanting about The City by the Sea in the winter, when the mansions are decked out in holiday decor and the crowds have thinned.

    Newport fully embraces the magic of the holiday season

    Boats in the harbor with Christmas lights near Bowen's Wharf in Newport, Rhode Island.
    caption tk

    One day, pumpkins and gourds line doorsteps, but seemingly as soon as October ends, white lights glisten on trees and Christmas ornaments sparkle along Bowen's Wharf.

    Early in December, there's an annual tree lighting at the wharf, complete with carolers, hot chocolate, and warm cinnamon-sugar doughnuts.

    There's a lot to explore around Bowen's Wharf, too. The Kiel James Patrick flagship store always decks the halls and becomes a picture-perfect backdrop for Christmas photos.

    Nearby is Thames Street, where I love peeking in shop windows to find the best nautical gifts for the holidays.

    A must-stop is the store A Christmas to Remember, where you can buy a hand-personalized ornament that looks like just about any object under the sun, from a macaron to a seashell.

    For those interested in spending a snowy weekend on the coast, I'd recommend the Almondy Inn, a Victorian bed and breakfast with gorgeous harbor views, just steps away from downtown.

    Drive along Bellevue Avenue to see some cheerful, historic glamour

    Salve Regina University in Newport, Rhode Island.
    caption tk

    Bellevue Avenue is nothing short of timeless in its beauty, lined with Gilded Age homes. Starting with Salve Regina University's Ochre Court, you can admire rows of beech trees glowing with twinkling lights, and see the historic, châteauesque mansion adorned with wreaths.

    Down the street, The Breakers — one of Newport's famous Gilded Age mansions, and a former Vanderbilt residence — hosts its annual holiday light display, illuminating the lawn in festive shades of red and green.

    Inside, every room dazzles with holiday charm. You'll find a 15-foot poinsettia tree in the Great Hall, and gorgeous, decorated trees throughout the building.

    Winter is the peak time to visit Newport's best restaurants

    Without the summer crowds, Newport's best-known spots are even better.

    I love seeing the long summer lines at the Nitro Bar, but I prefer being able to walk right in during the winter for pesto, tomato, and mozzarella toast with an iced chai.

    For a romantic winter date night, the Clarke Cooke House is perfect for an espresso martini by the fireplace. The Black Pearl also makes an unforgettable cup of warm clam chowder.

    Finally, there's nothing better than sharing chicken nachos at Diego's with friends while sipping on white peach sangria.

    Pasta at a local restaurant in Newport, Rhode Island.
    caption

    Although this spot is one I'd like to gatekeep, Mamma Luisa Ristorante Italiano feels like stepping back into my grandmother's Italian home. White tablecloths drape the tables, photos and art line the walls, and the hospitality is impeccable.

    I'd also be remiss if I didn't mention the hot-chocolate bar at The Chanler at Cliff Walk, a historic hotel built in the 19th century. Open seasonally through the end of December, there's no better place to grab a cozy cup of cocoa.

    With Gilded Age charm, delicious food, and sparkly, holiday vibes, what would be a dark, cold day anywhere else is typically a festive one in Newport.

    Read the original article on Business Insider
  • The Asian island where retirees from around the world are starting over

    A collage of images on polaroid featuring Penang landmarks and portraits of the individuals within the stories
    The Malaysia My Second Home visa program attracts foreigners to live in Malaysia.

    It was hard to tell who'd known each other for years and who'd just met that morning — the laughter started even before the food arrived.

    It was a sunny Wednesday afternoon in September, and I was joining a group of 50 retirees for lunch in Malaysia. They'd been brought together by an expat community that began with one man's efforts to connect people across the country.

    The lively crowd of 60-somethings came from all corners of the globe, including Australia, the US, and the UK, and they had each, in their own way, started over here, in the coastal state of Penang.

    I had flown up to Penang from Singapore, and I was easily the youngest person there. They greeted me with a few curious looks; someone joked that he wanted to know who my surgeon was.

    Most of the retirees I spoke to said they liked that the Malaysian state offered the comforts and conveniences of a major city, but without the hustle and bustle of the country's capital, Kuala Lumpur.

    Adrian Spencer, 69, had spent his manufacturing career living and working across five continents, including China and the US. Earlier this year, when it was time to retire, he and his wife knew they wanted to settle down in Penang.

    The state comprises both Penang Island and a stretch of mainland Malaysia known as Seberang Perai, connected by two bridges. As of July, it's home to about 1.8 million people, including around 179,900 foreigners.

    Nearly everyone I met, including Spencer, said they were on the Malaysia My Second Home (MM2H) visa program, which was first introduced by the government in 2002 to attract foreigners.

    It's not technically a retirement visa, as it's open to anyone above the age of 25. The conditions for the program have been tightened over the years, most recently in 2024. Depending on the category of visa, applicants are required to have a minimum bank deposit of between $150,000 and $1 million and also purchase property in Malaysia.

    As of December 2024, there were 58,468 active MM2H pass holders in the country.

    Along with its thriving food scene and year-round warm weather, Penang's affordability is a major draw. According to listings on real estate site PropertyGuru, studio apartments can be rented for as little as 1,450 Malaysian ringgit, or about $350, a month. Over the past 12 months, homes in Penang sold for a median price of 272,800 ringgit, or about $65,750.

    Life here runs smoothly. There's an international airport, a network of local bus services, and English is spoken almost everywhere. Penang also has a robust healthcare system, including several major hospitals and private centers that specialize in oncology and cardiac care.

    It's one of the things that Ward Chartier, 70, thought about when looking for a place to settle. As a cancer survivor, he told me, he wanted an opportunity to volunteer with cancer patients.

    He's not alone. Ask enough retirees what they're looking for, and the answers all start to sound the same: comfort, companionship, and a sense of purpose.

    Indeed, for many retirees here, Penang's charm begins at breakfast and never really ends. From all around the world, they've made this place home — and they're not looking back.

    Do you have a story to share about retiring in Asia? Contact this reporter at agoh@businessinsider.com.

    Read the original article on Business Insider
  • Rising star catch-up: Chad Tredway is back at JPMorgan and at the helm of its $79 billion real estate portfolio

    Headshot of Chad Tredway
    Chad Tredway was promoted to global leader of JPMorgan's real estate investment business in May.

    • Chad Tredway was a rising star at JPMorgan Chase before launching his own firm in 2021.
    • In 2024, he returned to JPMorgan and now leads its $79 billion property investment arm.
    • With stocks volatile and real estate on the rise, Tredway is trying to grab investor interest.

    Chad Tredway charted a fast path into upper management at JPMorgan Chase, rising from an associate during the Financial Crisis to a senior position overseeing the bank's $20 billion lending business with some of the largest commercial real estate landlords and developers. Business Insider featured Tredway in its first Rising Stars of Wall Street list in 2017.

    Then in 2021, he left to launch his own real state company, called Trio Investment Group. The company focused on sale-leaseback transactions where it purchased property assets from owners who occupied their spaces — such as manufacturers — and then leased it back to them.

    JPMorgan brought him back by buying Tredway's firm in early 2024 for an undisclosed price and named him head of real estate investment in the Americas for JPMorgan Asset Management, an investment arm of the bank that owns about $79 billion of commercial property.

    In May 2025, Tredway, 42, was promoted to global leader of that real estate investment business. In the new position, he regularly travels to meet with both existing and prospective clients, including some of the world's largest investors.

    Business Insider caught up with Tredway on his career changes and the opportunities he sees in the real estate market amid a changing economy. The conversation has been edited for length and clarity.

    You spent 13 years at JPMorgan Chase and had risen to a leadership position. Why did you leave?

    I left with the firm's blessing, and JP Morgan actually invested alongside me, but there is a major opportunity in the sale-leaseback industry. You could get 10-13% returns without taking inordinate amounts of risk. We had over 50 deals in 22 states.

    What brought you back?

    All the advantages the firm has. Being able to call literally the leading industry experts on everything from M&A to corporate real estate to lending is an advantage you can't get when you're on your own.

    JPMorgan purchased your company. How did that deal come about?

    The conversation was more: we think there's an amazing opportunity in real estate. We believe we're coming off of cyclical lows. We believe we can be much more entrepreneurial. George Gatch, who leads asset and wealth management, is absolutely phenomenal. I spent a lot of time understanding his vision for growth of the business.

    You were a lender, and now you're on the investment side. What was that switch like for you?

    Being a lender first really gives you a perspective on risk. Starting my own company gave me a great fundamental understanding of how you add value to clients on the investment side.

    What are the themes that you hear from investors?

    In the last 50 years, real estate values have only declined by more than 10% three times. We've now had, I think five or six positive quarters of real estate values increasing. I was in a meeting with an investor overseas. They said, look, I'm going to pair my gains in equities. And I'm going to shift into real estate. I'm hearing that conversation more and more.

    What kind of an investor was that?

    A pension plan. We also hear it from our wealth clients.

    What are the big themes for your strategy?

    We're focused on industrial outdoor storage. These are where the trucks go at the end of the night. The Amazon trucks, the UPS trucks, the FedEx trucks. Because we have information on half of the US population, for us to be able to see where goods are going, how clients need them, how they're thinking through their spend is something that only we have.

    When I was a lender, the anchor of our portfolio was housing. We're doing the same thing here around the world. We have over 80,000 units of housing and we focus on non-luxury housing.

    The third theme that we're really seeing is truly the power of manufacturing, whether it's advanced manufacturing or otherwise.

    The other place we're finding value, which is also not unlike what I did as a lender, is we're finding more value in middle market real estate today.

    This story is part of a series catching up with finance pros we once spotlighted as Rising Stars of Wall Street to see where their careers have taken them. See our 2025 list here.

    What qualifies as a middle market?

    What we used to see large firms doing was buying billion-dollar transactions. If you look at where we're playing today, our average transaction is between $50 million and $100 million.

    Interest rates have come down only slightly, the economic outlook is uncertain, and inflation is stubborn. How do you invest at a time like this?

    There are some things that always stay the same. People will always need a place to live. You are always going to want goods from your phone to your doorstep as fast as you possibly can.

    What do you think of the booming data center market?

    Technology risk is real. It's really difficult to predict what will actually happen with technology. When I look at overall size and just concentration risk, again, it's something that we're aware of.

    Our focus today has been more on buying high quality real estate in great locations where we have an edge. We have not been focused in the data center space at this time because of that.

    When do you move into JPMorgan's new offices at 270 Park Avenue?

    I don't control the seating plans for 270. We have multiple buildings, as you know.

    As a real estate nerd, one of my favorite things to do is walk through 270. It embodies New York; it embodies the strength of the largest bank in the United States. Clients have even commented on the detail and the focus and what it does.

    Read the original article on Business Insider
  • I get paid to wait in line for everything from sample sales to celebrity trials. I’ve learned there are 2 key things people will pay for.

    Gigi Principe
    Principe became a line-sitter in 2023.

    • Gigi Principe, 26, became a line-sitter in 2023 when her life was at a low point, she said.
    • She has waited in lines for access to restaurants , sample sales, and trials for lawyers, the press, and the public.
    • Principe said she has learned there are two key things people will pay for.

    This as-told-to essay is based on a conversation with Gigi Principe, 26, who has been working for Same Ole Line Dudes, a line-sitting company, since 2023 and is now a manager. Business Insider has verified her employment. It's been edited for length and clarity.

    Life after graduating college in 2019 meant bouncing from job to job, burning myself out at each one. Getting furloughed during the pandemic didn't help, but I eventually started working odd gigs again and auditioning for acting roles. There were times when I would struggle financially, then do okay, then struggle, then do okay. It was a pattern that I hated, but a pattern I was used to. It was so stressful.

    The job came at the right time

    In 2023, at my lowest year personally, a friend referred me to Same Ole Line Dudes, a company that pays people to wait in lines on their behalf. My first gig was a Jimmy Choo sample sale in October of 2023. When I first got the Google Invite form for the job, I thought it was a scam. All I had to do was show up and sit in line, and I'd get paid around $74.

    I was only planning to be there for four hours, but I relooped to the back of the line for another client and made extra money. I basically got addicted, and soon, I was hustling. Once the company figured out I was in it for the long run and was broke, they kept calling me back for more sample sales — The Row, Versace, McQueen. You've got to understand what 74 bucks was for me.

    Gigi Principe at 260 sample sale
    Principe sat for many sample sales at the beginning.

    At my previous job, I had a moment where I wished someone would pay me to do nothing, and then boom. I didn't mind sitting out in the winter. Bring a blanket! It was sample sale, sample sale, sample sale, then Lucali's, a pizza place in Brooklyn that doesn't take reservations. It was a top restaurant for us at the time, so getting that job was a sign I'd made it in the company. Lucali's cost $32 an hour, and it was easy peasy to put someone's name down. I knew my way around Brooklyn and kept coming back despite the cold, because, again, I was broke!

    Jobs got bigger and bigger

    The managers started rewarding me, and eventually, they brought me on full time. I think I spent almost every day of 2024 line-sitting. Donald Trump's trial was huge for us — I would line sit from 4 a.m. to 8 a.m., or sometimes midnight to 8 a.m., and then take the subway to my day job uptown. There were days I might have bailed if I hadn't had my tent.

    Same Ole Line Dudes sign
    Principe brings supplies, like chairs and tents, with her to wait in line.

    I also did the Daniel Penny trial, the Luigi Mangione trial, and the Diddy trial. I can't talk about my clients, but I've sat for the press, lawyers, and the public. Sometimes, I travel for clients. (We charge for travel time, and clients pay for the tickets.)

    How people spend says a lot

    Hourly rates depend on the event — sometimes $25, sometimes $32, sometimes $50 — and I've been getting commission since I became a manager in March. This job is hard, it's taxing on the body, but it saved my life, and it really helps people. I get paid to wait, but also to watch wrestling videos, or write, or rest.

    The money keeps flowing in, and that's also taught me a lot about what people are willing to pay for.

    First, people will pay a lot for convenience. That's clear when I'm traveling and people pay for my plane tickets, train tickets, or rental cars.

    And people will pay to be first. The number of times I hear, 'I want to be first in line,' or at least in the first group, is crazy. I want to make that happen for people, but it's not a simple request — because everybody wants to be first. But I've seen that the little things in life, like being first in the door, really matter to people.

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