As a recent transplant to Seattle, Tara Reed was sitting in her new apartment, staring at the blank walls. “I’d started to get interested in fine art, and it struck me how annoying and labor-intensive it would be to find art I liked for my new place,” she says. “For food, music, fashion, movies, I could just tap an app and get a personal recommendation. But the fine-art world hadn’t caught up to that.” So, Reed, who now lives in Detroit, helped it catch up: She launched Kollecto.
Known for his frumpy appearance, it’s not obvious at first glance that Warren Buffett is today worth more than $65 billion. Sure, he runs a multinational holding company Berkshire Hathaway and has a golden touch with stock picks, but Buffett prefers Cherry Cokes to booze, lives in the same house he’d bought in Omaha for $31,500 in 1958 and celebrated his second marriage by dining at a chain restaurant. He’s also pledged to give away the majority of his fortune during his lifetime.