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Stock impact report

The New Gold Rush: The Modern Entrepreneur's Playbook [Forbes]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: Forbes
In , James Marshall found gold at a place called Coloma and triggered a large migration. People flooded California over the next few years, chasing rumors of fortunes buried in the ground. Many left broke, but some got extremely rich … and often they weren't those digging . Sam Brannan sold mining supplies, eventually becoming California's first millionaire Levi Strauss sold pants. Merchants often made steady money while prospectors went bust. Fast forward, and in 2024 alone, over 1,000 people hit millionaire status every single day in the U.S. Not over a decade. Not over a century. In one year. This metric might suggest it's never been easier to become a millionaire, though the wealth gap feels like it's growing. Why? Because determined entrepreneurs are becoming millionaires faster than ever, while others are left behind. With stagnating wages and rampant inflation, the era of the piggy-bank millionaire has been replaced by a new wave of "enterprise value millionaires." Ent Show less Read more
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