Review – Moneymint https://moneymint.com Intersection of Business and Money Sat, 16 Dec 2023 05:59:51 +0000 en-US hourly 1 https://moneymint.com/wp-content/uploads/2023/05/cropped-favicon1-32x32.png Review – Moneymint https://moneymint.com 32 32 30 Most Expensive Dresses Ever Made https://moneymint.com/most-expensive-dresses-ever-made/ https://moneymint.com/most-expensive-dresses-ever-made/#respond Thu, 14 Dec 2023 16:54:24 +0000 https://moneymint.com/?p=28210 Luxurious dresses broke records with sky-touching prices, reflecting elegance and craftsmanship.

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In the world of fashion, some dresses grab global attention due to their style as well as astounding cost. They capture the true essence of luxury and extravagance. In this article, we have compiled a list of the most expensive dresses ever made, acting as symbols of wealth and prestige. These masterpieces showcase the creativity and talent of designers, leaving a lasting mark in fashion industry.

Most Expensive Dresses Ever Made

The best things in life are free. The second best are very expensive. – Coco Chanel

Well, this is quite true, if you are into fashion. Exquisite craftsmanship and opulent design characterize some of the most luxurious couture creations, albeit with a price tag that places them beyond the reach of most. While the pinnacle of expensive dresses may not be accessible to everyone, their iconic status cannot be denied. These dresses often command staggering prices, equivalent to the cost of a house or a car. Curious to explore the epitome of extravagance in the world of fashion? Here’s a glimpse into some of the most exorbitant dresses ever created.

1. The Nightingale of Kuala Lumpur

  • Cost: $30M
  • Designer: Faisal Abdullah

The Nightingale of Kuala Lumpur is a truly exceptional creation, valued at an estimated $30 million, a testament to both the lavish materials employed and the renowned Malaysian designer behind it, Faisal Abdullah. This extraordinary gown boasts a luxurious crimson hue that complements various skin tones, eyes, and hair colors.

Crafted from sumptuous taffeta and silk, the dress features a single shoulder design, tightly cinched at the waist, with the fabric gracefully bunching near the thighs before flaring out like a bird’s tail. However, the true enchantment of this masterpiece lies in its exquisite detailing – 750 of the finest diamonds meticulously embroidered in a constellation-like pattern, elevating the gown to unparalleled opulence.

2. Martin Katz & Renee Strauss Wedding Dress

  • Cost: $16.2M
  • Designer: Martin Katz and Renee Strauss

Renowned for crafting some of the world’s most opulent wedding dresses, the Diamond Wedding Dress stands as the second most expensive gown globally and claims the top spot for wedding attire. In a collaborative masterpiece by Martin Katz and Renee Strauss in 2019, this dress exudes regality through its use of the finest silks and gemstones. Distinguished by padded shoulders, a diamond necklace-inspired neckline, and Edwardian designs, the gown exudes an air of royalty.

However, its true magnificence lies in the over 150 carats of exquisite diamonds meticulously embedded throughout the garment. To put this in perspective, a premium 4-carat loose diamond can command a staggering $100,000. With the equivalent value of approximately 37 of these precious gems, the Diamond Wedding Dress is currently available for purchase at Martin Katz’s boutique in Beverly Hills.

3. Hany El Behairy Wedding Dress

  • Cost: $15M
  • Designer: Hany El Behairy

Renowned for his opulent wedding dresses and designs, Hany El Behairy gained global acclaim with the unveiling of “The Wedding Dress” in 2019. Crafted meticulously from top-tier silks, the gown captivates from bodice to hem. The star-shaped veil accompanying the dress offers a unique yet subtly traditional touch, breaking the mold while honoring conventions.

The gown is a spectacle, showcasing intricate detailing and adorned with exquisite jewels, including diamonds. Valued at over 15 million dollars, its elaborately designed torso is a dazzling display of luxury. Hany El Behairy’s creation transcends the ordinary, inviting admiration for its fusion of freshness and tradition, making it a must-see masterpiece in the world of high-end bridal fashion.

Also Read: 30 Most Expensive Sports Cards In The World

4. Queen Letizia’s Royal Wedding Dress

  • Cost: $10.7M
  • Designer: Manuel Pertegaz

The latest addition to the lineage of royal brides features a breathtaking high-end wedding gown, stealing the spotlight effortlessly. Following Queen Letizia’s 2004 royal wedding, her bridal ensemble sparked weeks of fervent discussions, earning its place in the Guinness Book of Records as the most expensive royal wedding dress.

The gown boasts a classic bridal silhouette with a V-neckline, full sleeves, a sweeping train, and an intricately embroidered skirt adorned with exquisite gold thread rose designs, showcasing unparalleled craftsmanship. While the bodice maintains simplicity, the 14-foot veil adds grandeur, securing its status as one of the longest veils at that time. Queen Letizia’s timeless and opulent attire continues to captivate as a symbol of regal elegance.

5. Yumi Katsura White Gold Diamond Dress

  • Cost: $8.5M
  • Designer: Yumi Katsura

Renowned for her extravagant bridal gowns, Yumi Katsura’s White Gold Dress stands among the world’s top five most expensive wedding creations. Crafted from opulent silk and satin adorned with intricate rose designs, this one-of-a-kind gown surpasses the $8.5 million mark. Its exorbitant price is attributed not only to the finest materials but also to the inclusion of a 5-carat white gold diamond, numerous smaller diamonds, an emerald, and nearly 1000 premium pearls intricately sewn into the fabric.

While replicas exist, the original remains an unparalleled masterpiece sought after by affluent brides worldwide. Japanese designers, particularly Yumi Katsura, continue to attract the most discerning clientele for their exceptional and opulent wedding attire.

6. Marilyn Monroe’s Happy Birthday, Mr. President Dress

  • Cost: $4.8M
  • Designer: Bob Mackie

If you’re a regular viewer of the Met Gala, you may recall Kim Kardashian’s stunning choice in 2022 – she graced the event in Marilyn Monroe’s renowned dress. This gown, auctioned for a staggering $4.8 million in 2019, stands as an epitome of American couture. Marilyn famously wore it on John F. Kennedy’s birthday, captivating audiences with her rendition of “Happy Birthday, Mr. President.”

The skin-tight beige ensemble, designed to accentuate the waist, neck, and thighs, became an instant sensation, especially given its TV broadcast. Adorned with 2,500 rhinestones, the dress exudes elegance and became one of Monroe’s final iconic fashion statements before her untimely demise in August 1962.

7. Marilyn Monroe’s The Seven Year Itch Subway Dress

  • Cost: $4.6M
  • Designer: William Travilla

The iconic moment featuring Marilyn Monroe’s white pleated dress billowing up in the air is a memorable scene from the renowned romantic comedy “The Seven Year Itch,” released in 1955. The brief subway sequence has transcended its cinematic origins, becoming a pervasive element in pop culture. Crafted by designer William Travilla, the dress, affectionately dubbed “The Silly Little Dress,” is a modest halter neck ensemble with a flowing skirt, lacking extravagant embellishments.

Despite its simple design, the dress has attained a staggering $4.6 million cult status, primarily attributed to Monroe’s allure and the indelible impact of the scene. This cinematic fashion moment continues to captivate audiences and inspire reinterpretations across various media.

8. Jennifer Lawrence’s Oscar Dress

  • Cost: $4M
  • Designer: Raff Simmons

The 2013 Academy Awards will forever be etched in memory, not only for Jennifer Lawrence’s infamous trip while ascending the steps to claim her Oscar but also for her striking Raff Simons dress, a standout at the event. Beyond the mishap, it was the opulent off-white gown that garnered attention.

Evoking a fairy tale aura, the top of the dress is snug to the hips before cascading into a billowy and voluminous silhouette. Priced at a staggering $4 million, the dress’s exorbitance isn’t attributed to the finest silk or fabric but rather to the intricate hand-stitched embroidery and lavish embellishments, underscoring its true worth.

9. Nicole Kidman’s Oscar Chartreuse Dior Dress

  • Cost: $2M
  • Designer: John Galliano

Uncommon on red carpets, chartreuse green stands out among the typical bottle greens and mint greens. At the 69th Academy Awards, Nicole Kidman made a bold statement donning a chartreuse green gown designed by John Galliano of Dior. The unique hue, rarely seen at formal events, sparked conversations among fashion enthusiasts. The column-style dress, featuring a bateau neckline and a high side slit, was crafted from opulent silk adorned with intricate embroidery.

Valued at $2 million, this gown, recognized by the Smithsonian Institution as a significant garment, marked a revolutionary moment in red carpet fashion. Kidman’s daring choice became a topic of discussion, elevating the status of chartreuse green in the world of formal attire.

Also Read: 51 Most Expensive Colleges in America

10. Peacock Wedding Dress

  • Cost: $2M
  • Designer: Vera Wang

Vera Wang, renowned for her iconic bridal gowns characterized by flowing designs and princess-like allure, took a surprising departure from her signature style in 2009 with the creation of the Peacock Wedding Dress. Unveiled at Nanjing’s wedding expo, this extraordinary gown left the fashion industry in awe. Valued at $2 million, it defied conventions with its opulent materials: 2009 peacock feathers, 18-carat gold, and large diamonds.

Crafted in a mere two months, the dress showcased the meticulous work of 8 artisans who intricately sewed on the feathers, jewels, and embellishments. This masterpiece not only shattered the confines of traditional bridal wear but also claimed its place among the world’s most expensive dresses, rewriting the rules of elegance and luxury.

11. Danasha Luxury X Jad Ghandour Wedding Dress

  • Cost: $2M
  • Designer: Danasha Luxury and Jad Ghandour

Contemporary brides often opt for elegant simplicity over extravagant bridal attire. Crafted by Danasha Luxury and Jad Ghandour, this wedding dress embodies modern sophistication while being subtly adorned with the finest silks and gems. Priced at $2 million, the silver-gray gown boasts a flowing silhouette and a shoulder-baring neckline.

Constructed with 250 grams of 18-carat gold, 75 carats of meticulously chosen Antwerp diamonds, and various other precious gemstones, this dress not only exudes understated charm but also stands as a remarkable work of art. In contrast to the opulent preferences of some brides, this dress caters to the taste of contemporary women seeking refined luxury on their special day.

12. Lupita Nyong’O Oscar Dress

  • Cost: $1.6M
  • Designer: Francisco Costa

Lupita Nyong’O, an emerging luminary in the film realm, transformed the industry with her remarkable portrayal in “12 Years a Slave,” earning her an Academy Award in 2014. The subsequent year, she graced the Oscars’ red carpet to present the Best Supporting Actor category adorned in a breathtaking Calvin Klein creation. This mesmerizing gown boasted over 6000 meticulously sewn pearls of various shapes and sizes, arranged with artistic precision.

Crafted by designer Francisco Costa, the dress featured silk lame and metallic tulle, imparting a captivating allure. Complementing the ensemble, Nyong’O carried a Calvin Klein box handbag, and Chopard diamonds added a final touch of opulence. The sheer elegance of this garment is reflected in its substantial value.

13. Audrey Hepburn’s Breakfast at Tiffany’s Dress

  • Cost: $923,000
  • Designer: Givenchy

Undoubtedly, Audrey Hepburn stands as one of the most iconic actresses in cinematic history, with her indelible mark made through the legendary breakfast at Tiffany’s Dress from the 20th century. Crafted by Givenchy, this iconic black dress, valued at nearly $1 million, remains a beacon of timeless style and has inspired countless trends.

Worn by Hepburn in the opening scene of Breakfast at Tiffany’s, the form-fitting dress, complemented by lavish jewelry, black gloves, coffee, and a croissant, has become a symbol of sophistication. Its influence persists as contemporary designers, such as Clare Waight Keller, Alexander McQueen, and Tisci, continually draw inspiration from this classic ensemble, solidifying its status as one of the most expensive and revered dresses globally.

14. Grace Kelly’s Wedding Dress

  • Cost: $550,000
  • Designer: Helen Rose of MGM

Grace Kelly, an Oscar-winning and nominated American actress, left an indelible mark not only in the film industry but also as a fashion icon. Her iconic wedding gown transcended its role, becoming a timeless source of inspiration for bridal fashion. Notably, Kate Middleton’s Sarah Burton-designed wedding dress drew inspiration from Kelly’s timeless elegance. The enchanting gown, a gift from MGM’s Helen Rose, showcased a fitted bodice, silk, and taffeta skirt adorned with pearls.

Featuring a V-neckline, lace full sleeves, and a three-foot-long train, the dress became a symbol of sophistication when Kelly married Prince Rainier of Monaco in 1956. Grace Kelly’s influence extends far beyond the silver screen, leaving an enduring legacy in the realms of both cinema and fashion.

15. Imperial Pearl Syndicate Wedding Dress

  • Cost: $500,000
  • Designer:

The Imperial Pearl Syndicate Bridal Dress stands out among contemporary wedding gowns, capturing attention with its timeless allure. Valued at an astonishing $500,000, this dress has etched its place in the history of bridal attire. Crafted in the 1950s, the creation of this masterpiece required the expertise of eight skilled dressmakers, two months of meticulous work, and an impressive 27 pounds of the finest satin and silk.

What truly sets it apart are the 100,000 cultured pearls intricately stitched into the fabric, adding a priceless touch to this extraordinary garment. A symbol of opulence and elegance, this dress remains an unforgettable testament to the artistry and craftsmanship of its era.

Also Read: 15 Most Expensive Ford Cars You Should Know About

16. Kate Middleton’s Wedding Dress

  • Cost: $400,000
  • Designer: Sarah Burton and Alexander McQueen

In yet another dazzling royal wedding, the Duchess of Cambridge, Kate Middleton, stole the spotlight with a breathtaking gown that left onlookers in awe. Renowned designer Sarah Burton, associated with Alexander McQueen, was the mastermind behind Middleton’s iconic wedding dress in 2011. The future duchess looked resplendent in a duchess satin gown adorned with a lengthy train and a delicate tulle veil.

The dress’s standout features included a graceful V-neckline, intricate lace full sleeves, and elegantly padded shoulders. Notably, Kate Middleton’s royal wedding attire stands out as one of the most opulent dresses ever worn by a bride within the royal family, exemplifying timeless sophistication and regal allure.

17. Princess Diana’s President Reagan White House Dinner Party Dress

  • Cost: $362,000
  • Designer: Victor Edelstein

Princess Diana, an enduring style icon, captivated the world with her fashion choices, be it her wedding gown or a soirée ensemble for a White House event. In 1985, she graced a dinner hosted by then-US President Ronald Reagan and his wife in a stunning blue velvet dress designed by Victor Edelstein.

The gown, featuring a daring plunging neckline, became iconic, etching Diana’s charm into collective memory. Notably, the form-fitting attire and choker necklace she sported while dancing with John Travolta at the White House continued to be a topic of conversation for years. The dress went up for auction in 1997 and once again in 2019, reaffirming its timeless allure.

18. Amal Clooney’s Wedding Dress

  • Cost: $280,000
  • Designer: Oscar De La Renta

Human rights attorney Amal Alamuddin Clooney envisioned a romantic and dreamy wedding with George Clooney, and the renowned Oscar De La Renta stole the spotlight with a stunning and refined wedding gown. The off-shoulder design, intricately embroidered body, tulle veil, and embellished train created a fairy tale-inspired masterpiece.

Now showcased at the Museum of Fine Arts in Houston, Texas, this iconic wedding dress is a highlight of the exhibition titled “The Glamour And Romance Of Oscar De La Renta.” The exhibit captures the allure and elegance of De La Renta’s creations, showcasing his timeless contributions to the world of fashion and romance.

19. Paris Hilton’s Hollywood Beauty Awards Dress

  • Cost: $270,000
  • Designer: August Getty

Paris Hilton, renowned for her diverse business ventures and presence in New York Fashion Weeks, epitomizes opulence. At the 2017 Hollywood Beauty Awards, she donned a breathtaking August Getty gown while receiving the Fragrance of the Year award for her Gold Rush scent.

Valued nearly as much as the average U.S. home at the time, this gown featured a thigh-high slit and plunging neckline, taking over 8 months to meticulously craft. The epitome of luxury, the dress boasted 500,000 Swarovski crystals meticulously embedded by a team of 5 craftsmen. Paris Hilton’s fashion choices consistently reflect her extravagant lifestyle, making this gown one of the world’s most expensive dresses.

20. Meghan Markle’s Wedding Dress

  • Cost: $265,000
  • Designer: Givenchy

The mention of extravagant dresses inevitably brings to mind the unforgettable royal wedding gown worn by Meghan Markle in 2018 during her marriage to Prince Harry. Designed by Clare Waight Keller during her tenure at Givenchy, this iconic dress captivated the fashion world with its simplicity and elegance.

Crafted from the finest silks in Europe, the gown featured double-bonded silk, a triple-silk organza underskirt, and a breathtaking 16.5-foot silk tulle veil. The veil, adorned with 53 flowers symbolizing the Commonwealth nations, required 500 hours of meticulous craftsmanship. Paired with the Queen Mary’s Bandeau Diamond Tiara, this ensemble showcased a perfect blend of sophistication and regality, leaving an indelible mark on the history of royal fashion.

21. Cate Blanchett’s Dress

  • Cost: $250,000
  • Designer: Armani Prive

The Oscars serve as a prime stage for fashion scrutiny, and Cate Blanchett has earned the coveted title of best-dressed at the Academy Awards not once, but twice. At the 79th Academy Awards in 2007, she graced the red carpet in a stunning gunmetal-colored silky Armani Privé gown. This extravagant ensemble, a one-shoulder Swarovski crystal mesh gown, was chosen on the spot, capturing the essence of the event’s opulence.

The red and green hues dominating the Paris Fashion Week at Armani inspired her choice. Cate wisely kept her makeup and hair understated, ensuring all attention was directed to this masterpiece—a dress of unparalleled luxury and one of her most expensive wardrobe investments.

Also Read: 50 Richest Cricketers in the World

22. Princess Diana’s Cannes Dress

  • Cost: $137,000
  • Designer: Catherine Walker

Princess Diana graced the La Croisette red carpet at the 1987 Cannes Film Festival in a stunning baby blue evening gown, now a timeless classic in the realm of evening wear. This exquisite creation was by her close friend and collaborator Catherine Walker. Diana adorned this silk chiffon masterpiece on two additional occasions—an opera debut and a portrait session.

The dress featured a graceful tulle silhouette, a scarf artfully draped at the back to mimic a train, and a cinched waist—a homage to Grace Kelly’s iconic ensemble in “To Catch a Thief.” The connection between Princess Diana and Grace Kelly was profound, their bond evident through multiple meetings and shared admiration for each other’s style.

23. Audrey Hepburn’s Oscar Dress

  • Cost: $131,000
  • Designer: Givenchy

In 1954, the iconic Audrey Hepburn, celebrated for her stellar acting and renowned as one of the globe’s best-dressed stars, earned an Academy Award nomination for her role in “Sabrina.” Dazzling on the red carpet, she wore a legendary Givenchy tea-length dress adorned with white lace and a floral motif. This garment is hailed as one of the most timeless and expensive dresses from the 20th century.

Designed by Hubert de Givenchy, who affectionately called Hepburn his sister, the dress featured a bateau neckline, a cinched waist, and a sleeveless silhouette. Their creative partnership extended, with Hepburn gracing multiple films in Givenchy ensembles, cementing their collaborative legacy.

24. Charlize Theron’s Oscar Dress

  • Cost: $100,000
  • Designer: Christian Dior

Charlize Theron is celebrated for her adaptable acting prowess and an unassuming fashion sense. At the 2013 Academy Awards, the distinguished actress graced the red carpet in a Dior couture white strapless peplum dress. The gown, characterized by its clean lines and a subtle train, beautifully enhanced Theron’s presence.

With angular accents and crystal embellishments adorning the waist, the tailored dress exuded an understated elegance. To complete her look, Theron adorned herself with breathtaking Harry Winston diamond jewelry valued at an impressive $4 million. This ensemble showcased not only her sartorial finesse but also her ability to effortlessly merge sophistication with simplicity on the glamorous red carpet.

25. Kate Winslets’ Oscar Dress

  • Cost: $100,000
  • Designer: Valentino

Choosing mint green for an Academy Awards gown isn’t the typical red-carpet choice, but sometimes a bold move pays off. Kate Winslet demonstrated this at the 2007 Oscars when she opted for a lustrous mint green Valentino gown. The dress featured a captivating single-shoulder design, enhancing its feminine allure and showcasing a flattering, figure-hugging silhouette.

Kate’s minimalistic approach to accessories, limited to a golden clutch, added a touch of sophistication to the ensemble. Interestingly, the unconventional choice had a personal touch—Kate revealed that her 7-year-old daughter Mia was the mastermind behind selecting this exquisite and notably expensive dress.

26. Anne Hathaway’s Oscar Dress

  • Cost: $80,000
  • Designer: Valentino

The 2011 Academy Awards at the Kodak Centre marked a significant moment for Anne Hathaway, as she took on the role of co-host for the evening, despite not being a nominee. Her remarkable presence was complemented by a series of eight distinct outfits, ranging from Armani Prive to Givenchy and Oscar de la Renta. However, it was the breathtaking red strapless gown by Valentino that stole the spotlight.

The dress, adorned with delicate rose details and a gracefully bunched-up train, imparted a fairy-tale allure, showcasing Anne Hathaway’s timeless style and youthful elegance. To complete the ensemble, she chose a classic Tiffany & Co. diamond necklace, adding a touch of sophistication to the unforgettable evening.

Also Read: Top 18 Richest Kids in the World with Net Worth

27. Nicky Hilton Wedding Gown

  • Cost: $77,000
  • Designer: Maria Grazia Chiuri and Pierpaolo Piccioli

Nicky Hilton exchanged vows with James Rothschild in a lavish London ceremony, donning a bespoke lace-embroidered Valentino gown meticulously crafted by creative directors Maria Grazia Chiuri and Pierpaolo Piccioli. The American heiress enlisted Valentino to fashion her wedding attire, resulting in a one-of-a-kind creation using three hues of ivory and silver guipure, adorned with a sprinkling of hand-embroidered crystals.

Boasting a majestic three-meter train and an antique lace veil, the gown evoked the timeless elegance of royal brides such as Kate Middleton and Grace Kelly. Complementing her ensemble, the hotel heiress stepped into ivory Christian Louboutin pumps, personalized with the endearing inscription ‘Mrs Rothschild’ gracing the heels.

28. Elizabeth Taylor Wedding Gown

  • Cost: $62,500
  • Designer: Gina Fratini

In 1975, Elizabeth Taylor and Richard Burton remarried in Botswana, epitomizing the free-spirited 1970s. Elizabeth donned a striking Gina Fratini creation – a tie-dye dress showcasing the entire rainbow spectrum. Crafted from silk chiffon with an ombré effect transitioning from light emerald to vibrant pink and pastel yellow, the focal point was a patchwork bodice, a mosaic of silk dupioni diamonds in green, turquoise, blue, and orange.

Adorned with green embroidered ribbons, the empire-waisted silhouette featured a high front neckline, contrasting with a lower back, enhancing the dramatic drape and angel sleeves. Completing the boho look was an updo adorned with poetic ribbons and flowers. This iconic dress fetched $62,500 at a London auction in 2011.

29. Keely Shaye Smith Wedding Gown

  • Cost: $60,000
  • Designer: Richard Tylor

In 2001, when Keely Shaye Smith exchanged vows with Pierce Brosnan, she adorned herself in a stunning high-necked lace gown reminiscent of Princess Grace’s, crafted by designer Richard Tylor. The exquisite ensemble featured long lace sleeves, complemented by pearl drop earrings. Keely elegantly secured her dark locks in a half-up style, serving as the perfect anchor for her flowing veil. The luxurious wedding of this captivating couple captured headlines for an extended period, showcasing their undeniable beauty and style.

30. Sandra Bullock’s Oscar Dress

  • Cost: $40,000
  • Designer: Alexander McQueen

Nominated for an Academy Award for her portrayal of Dr. Ryan Stone in “Gravity,” Sandra Bullock stunned at the 2014 Oscars red carpet at the age of 49. The actress turned heads in a striking dark blue strapless gown, a creation by Alexander McQueen. The elegant ensemble featured a sweetheart neckline, a gathered front, and a sleek, form-fitting silhouette that subtly gathered just below the bust.

Undoubtedly one of the evening’s highlights, the dress earned its place among the best outfits of the night, capturing widespread attention. Notably, this Alexander McQueen masterpiece ranks as the 27th most expensive dress in the world, adding another layer of distinction to Bullock’s memorable red-carpet moment.

Also Read: The 10 Most Expensive Steak in the World

The world has seen the creation of some fashionable and expensive dresses. The price tags attached to them highlight the value placed on the artistry and exclusivity involved with them.

Source: Most expensive dresses in the world

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What Companies are in the Health Care Field https://moneymint.com/what-companies-are-in-the-health-care-field/ https://moneymint.com/what-companies-are-in-the-health-care-field/#respond Tue, 12 Dec 2023 16:49:51 +0000 https://moneymint.com/?p=45880 Various organizations are a part of health care industry by offering services, products, and innovations.

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The health care field is vast and ever-growing, with many companies playing important roles and working together to provide various services and products. These organizations often focus on innovation and modern technologies, providing employment opportunities for many. But before applying for a role in this industry, it is essential to know what companies are in the health care field. In this article, we have listed organizations, from hospitals to pharmaceutical firms, that offer opportunities for growth and learning.

What Companies are in the Health Care Field?

The healthcare field is a vast and essential sector that plays a crucial role in promoting and maintaining people’s well-being. Numerous companies operate within this industry, each contributing to different aspects of healthcare, from pharmaceuticals to medical devices and healthcare services. These companies strive to develop innovative solutions, medicines, and technologies to improve patient care and outcomes.

1. CVS Health Corp.

CVS Health Corp.
Image by cvshealth.com

CVS Health Corporation, previously known as CVS Corporation and CVS Caremark Corporation, is a prominent American healthcare entity encompassing CVS Pharmacy, a widespread retail pharmacy chain, CVS Caremark, a pharmacy benefits manager, and Aetna, a major health insurance provider, alongside various other brands. Positioned as the world’s largest healthcare company, its headquarters are situated in Woonsocket, Rhode Island.

Established in 1963, CVS is dedicated to delivering pharmaceutical services, offering a proprietary line of medical care supplies, an array of retail products, and comprehensive clinical health care services. The company also extends its services to health insurance. CVS Health employs professionals across corporate and retail segments, engaging in the manufacturing, distribution, and dispensing of pharmaceuticals and related products. Full-time employees at CVS Health enjoy a diverse range of benefits, including health and dental insurance. Additionally, CVS staff may qualify for enticing employee discounts applicable at any of the retail chain’s outlets.

2. UnitedHealth Group

UnitedHealth Group
Image by unitedhealthgroup.com

UnitedHealth Group Incorporated, headquartered in Minnetonka, Minnesota, is a prominent American multinational company focusing on health benefits and services. Recognized as the world’s eleventh-largest company in terms of revenue, it holds the position of the largest health care company and the largest insurance company by net premiums. Notably, it secures the 10th spot on the 2023 Fortune Global 500 list.

UnitedHealth Group operates through two primary entities: UnitedHealthcare and Optum. UnitedHealthcare offers a range of insurance products for individuals and employers, catering to both the actively employed and retirees. The company extends its services to a diverse clientele, spanning local and global markets. Full-time employees of UnitedHealth Group enjoy a comprehensive benefits package, encompassing health, dental, vision, and disability insurance. Furthermore, they may be eligible for programs facilitating loan forgiveness or repayment.

Optum, a subsidiary of UnitedHealth Group, specializes in delivering medical technology services, leveraging data and technology to enhance care delivery. This multifaceted approach positions UnitedHealth Group at the forefront of the healthcare industry, reflecting its significant impact on both a national and global scale.

3. Pfizer

Pfizer
Image by pfizer.com

Pfizer Inc. is a leading American multinational pharmaceutical and biotechnology corporation headquartered at The Spiral in Manhattan, New York City. Founded in 1849 in New York by two German entrepreneurs, Charles Pfizer (1824–1906) and his cousin Charles F. Erhart (1821–1891), the company specializes in the development and production of medicines and vaccines across various therapeutic areas, including immunology, oncology, cardiology, endocrinology, and neurology.

Pfizer’s key revenue-generating products include the Pfizer–BioNTech COVID-19 vaccine (with 2022 revenues reaching $37 billion), Nirmatrelvir/ritonavir ($18 billion), Apixaban ($6 billion), a pneumococcal conjugate vaccine ($6 billion), and Palbociclib ($5 billion). Notably, in 2022, 42% of the company’s revenues originated from the United States, 8% from Japan, and 50% from other countries.

Previously a component of the Dow Jones Industrial Average stock market index from 2004 to August 2020, Pfizer currently holds the 38th position on the Fortune 500 and the 39th spot on the Forbes Global 2000.

Also Read: 25 Best Part-Time Jobs with Health Insurance Benefits

4. McKesson Corp.

McKesson Corp.
Image by mckesson.com

Based in Irving, Texas, McKesson Corporation is a major American entity specializing in pharmaceutical distribution, health information technology, and medical supplies. With a workforce exceeding 78,000, the company supplies a significant portion of North America’s pharmaceuticals, boasting revenues of $238.2 billion in the fiscal year concluding on March 31, 2021.

McKesson’s primary activities include the distribution of health care systems, medical supplies, and pharmaceutical products. Renowned for its early adoption of advanced technologies such as bar-code scanning, pharmacy robotics, and RFID tags, the company has faced legal challenges, being embroiled in a federal lawsuit related to alleged profiteering from the opioid epidemic in the United States.

Throughout the COVID-19 pandemic, McKesson played a pivotal role as the primary vaccine distributor for the U.S. government. Serving as the central distribution hub, the company facilitated the delivery of hundreds of millions of COVID-19 vaccine doses and associated supply kits, contributing significantly to the administration of over 1 billion doses across the United States.

5. Cencora

Cencora
Image by cencora.com

Cencora, Inc., formerly AmerisourceBergen, is a leading American pharmaceutical wholesale company resulting from the 2001 merger of Bergen Brunswig and AmeriSource. Specializing in drug distribution and consulting for medical business operations and patient services, the company supplies a comprehensive range of brand name and generic pharmaceuticals, over the counter (OTC) healthcare products, and home health care supplies to a diverse range of healthcare providers across the United States.

Their clientele includes acute care hospitals, health systems, retail pharmacies (both independent and chain), mail-order facilities, physicians, clinics, and various alternate site facilities, including nursing and assisted living centers. Cencora, Inc. also extends its services to long-term care, workers’ compensation, and specialty drug patients.

AmerisourceBergen plays a significant role in the pharmaceutical landscape, handling approximately 20% of all pharmaceuticals distributed and sold in the United States. The company achieved notable recognition, securing the 10th position on the Fortune 500 list in 2020, boasting an impressive annual revenue exceeding $179 billion.

6. Cardinal Health

Cardinal Health
Image by cardinalhealth.com

Cardinal Health, Inc., an American multinational health care services company headquartered in Dublin, Ohio, holds the rank of the 14th highest revenue-generating company in the United States. The company specializes in the distribution of pharmaceuticals and medical products, catering to over 100,000 locations. Cardinal Health is also involved in the manufacturing of medical and surgical products, such as gloves, surgical apparel, and fluid management items. Notably, it operates one of the largest networks of radiopharmacies in the U.S. and plays a vital role in supplying medical products to more than 75 percent of hospitals across the country.

Founded in 1971, Cardinal Health is dedicated to coordinating patient care by ensuring that medical service providers and retailers have reliable access to essential medical supplies for both use and distribution. The company’s workforce includes pharmaceutical developers, distribution coordinators, and high-level administrators. Employees at Cardinal Health enjoy various benefits, including health, vision, and dental insurance, along with opportunities for tuition reimbursement, participation in a retirement plan, and access to a 401k plan. Eligibility for these benefits typically requires full-time employment with the company.

7. Cigna Corp.

Cigna Group, a profit-driven American multinational in the healthcare and insurance sector, is headquartered in Bloomfield, Connecticut. The company’s insurance subsidiaries play a significant role as providers of medical, dental, disability, life, and accident insurance, catering primarily to employers and various groups such as governmental and non-governmental organizations, unions, and associations. Cigna, incorporated in Delaware, extends its offerings to include Medicare and Medicaid products, as well as health, life, and accident insurance coverages for individuals in the U.S. and selected international markets.

Beyond its core operations, Cigna also manages certain run-off operations, including a segment focused on Run-off Reinsurance. In the Phoenix metropolitan area, Cigna operates a comprehensive staff-model health maintenance organization named the Evernorth Care Group (formerly Cigna Medical Group), featuring satellite clinics throughout the region. Additionally, Cigna Global Health Benefits operates within the broader Cigna corporation. As of 2023, Cigna holds the 15th position in the Fortune 500 list, recognizing it as one of the largest U.S. corporations based on total revenue.

8. Elevance Health

Elevance Health
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Elevance Health, Inc., formerly known as Anthem, Inc. until June 2022, is a leading American health insurance provider. Offering a comprehensive suite of services, including medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, the company operates through affiliates like Anthem Blue Cross and Blue Shield, Empire BlueCross BlueShield, Wellpoint, and Carelon. As the largest for-profit managed health care company in the Blue Cross Blue Shield Association, Elevance Health has a significant impact on the healthcare landscape.

In 2011, Anthem received a 2 out of 4 stars rating for “Meeting National Standards of Care” from California’s state patient advocacy office, improving to 3 stars in 2014. In 2022, twenty-one of Elevance Health’s Medicaid plans achieved accreditation for health equity from the National Committee for Quality Assurance (NCQA). The company boasts a substantial membership, with 46.8 million individuals covered by its affiliated health plans. Noteworthy, Elevance Health secured the 20th position on the 2022 Fortune 500 list based on its 2021 revenues, reflecting its prominent status in the industry.

9. Centene Corp.

Centene Corporation, based in St. Louis, Missouri, ranks 25th on the 2023 Fortune 500 as a publicly traded managed care company. Serving as an intermediary for government-sponsored and private healthcare programs, Centene specializes in Medicaid and Medicare services, catering to over 8.6 million Medicaid members and 400,000 Medicare beneficiaries nationwide.

Venturing into the UK in 2017, Centene acquired local healthcare services, and by 2019, its subsidiary MH Services obtained a 40% stake in Circle Health, contributing to a network of 50+ private hospitals. Centene assumed full control of Circle Health in July 2021, eventually selling it to PureHealth in August 2023.

Operose Health, a UK subsidiary, achieved a significant milestone in 2021 by acquiring AT Medics, a group of London practices. In May 2022, Centene strategically divested from the pharmacy benefit management business, selling Magellan Rx and PANTHERx Rare for a total of $2.8 billion, marking the company’s exit from pharmacy organizations.

Also Read: 10 Tips to Remember Before Opting For A Health Insurance

10. Walgreens Boots Alliance

Walgreens Boots Alliance
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Headquartered in Deerfield, Illinois, Walgreens Boots Alliance, Inc. (WBA) is a prominent American multinational holding company. It boasts ownership of the well-known retail pharmacy chains, Walgreens in the United States, and Boots in the United Kingdom. In addition to these retail giants, the company holds sway over several pharmaceutical manufacturing and distribution entities. As of 2022, the company commands the 18th position on the Fortune 500 list.

The genesis of Walgreens Boots Alliance can be traced back to December 31, 2014, when Walgreens completed the acquisition of the remaining 55% stake in Alliance Boots, a transaction amounting to $4.9 billion in cash and 144.3 million common shares valued at $10.7 billion. Preceding this, in August 2012, Walgreens had initially acquired 45% of Alliance Boots for $4.0 billion and 83.4 million common shares, securing an option to purchase the remaining shares within three years. Walgreens transformed into a subsidiary of the newly formed Walgreens Boots Alliance.

11. Johnson & Johnson

Headquartered in New Brunswick, New Jersey, Johnson & Johnson (J&J) stands as a prominent American multinational corporation specializing in pharmaceuticals and medical technologies. Listed on the New York Stock Exchange, its common stock is integral to the Dow Jones Industrial Average, and it holds the 40th position on the 2023 Fortune 500 roster of the largest U.S. corporations. Boasting a global workforce of around 130,000 employees, the company is under the leadership of Joaquin Duato, serving as both chairman and chief executive officer.

Established in 1886 by Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson, the company initially focused on selling ready-to-use sterile surgical dressings. In a strategic move in 2023, Johnson & Johnson separated its consumer healthcare business, forming a new publicly traded entity known as Kenvue. Presently, Johnson & Johnson concentrates exclusively on the development and production of pharmaceutical prescription drugs and medical device technologies. Recognized as one of the world’s most valuable companies, it holds the prestigious AAA prime credit rating, a distinction shared by only one other U.S.-based company.

12. St. Jude Children’s Research Hospital

St. Jude Children's Research Hospital
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St. Jude Children’s Research Hospital, situated in Memphis, Tennessee, was established in 1962 by entertainer Danny Thomas as a nonprofit medical corporation. Dedicated to addressing pediatric catastrophic diseases, with a particular emphasis on leukemia and other cancers, the institution received a substantial $2 billion in donations during the 2021 fiscal year. Despite daily operating costs averaging $1.7 million, St. Jude does not impose charges on patients for their care. The hospital extends its treatment to individuals up to the age of 21, and in certain cases, up to the age of 25.

A diverse array of medical professionals, including nurses, laboratory technicians, and specialized physicians, form the hospital’s workforce, committed to diagnosing and treating various pediatric cancers. Functioning as a research hub, St. Jude’s also employs research scientists and specialists in healthcare technology design. Furthermore, the hospital relies on administrators and managers at both corporate and operational levels to effectively oversee and coordinate its multifaceted operations.

Cross-Reference: 10 best-paying jobs of 2023

13. Kaiser Permanente

Established in 1945 by industrialist Henry J. Kaiser and physician Sidney Garfield, Kaiser Permanente is an American integrated managed care consortium headquartered in Oakland, California. Comprising three interconnected entities, the organization includes the Kaiser Foundation Health Plan, Inc. (KFHP) and its regional subsidiaries, Kaiser Foundation Hospitals, and the regional Permanente Medical Groups.

As of 2023, Kaiser Permanente is operational in eight states (Hawaii, Washington, Oregon, California, Colorado, Maryland, Virginia, Georgia) and the District of Columbia, making it the largest managed care organization in the United States. Boasting a network of 39 hospitals and over 700 medical offices, the consortium employs a workforce exceeding 300,000 individuals, including more than 87,000 physicians and nurses.

Each Permanente Medical Group functions as an independent for-profit partnership or professional corporation within its designated territory, primarily relying on reimbursements from the corresponding regional Kaiser Foundation Health Plan entity. Notably, KFHP ranks among the largest not-for-profit organizations in the United States.

14. Bayada Home Health Care

Bayada Home Health Care
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Founded in 1975, Bayada Home Health Care is an international nonprofit organization that initially focused on home health aide services but has since expanded its offerings to include a comprehensive range of home health care services for individuals of all ages and abilities. With over 360 offices spanning 23 states, as well as locations in Germany, India, Ireland, New Zealand, and South Korea, Bayada has established itself as a global presence in the field.

Headquartered in suburban Philadelphia, PA, USA, and featuring a Global Support Center in Pennsauken, NJ, the organization employs a dedicated team of over 28,000 professionals, including nurses, home health aides, therapists, and medical social workers. In May 2019, Bayada celebrated a significant achievement by serving its one millionth client. The organization specializes in offering nursing, rehabilitative, therapeutic, hospice, and assistive care services to children, adults, and seniors, with additional provisions for behavioral health and habilitation services in certain states.

15. Memorial Sloan Kettering

Established in 1884 as the New York Cancer Hospital, Memorial Sloan Kettering Cancer Center (MSK or MSKCC) stands as a renowned cancer treatment and research institution in Manhattan, New York City. Recognized as one of the 72 National Cancer Institute-designated Comprehensive Cancer Centers, MSKCC is distinguished for its commitment to cutting-edge cancer care and research.

Originally founded at a different location, the institution relocated to its current site in 1945, adjacent to the newly established Sloan-Kettering Institute for Cancer Research. The formal integration of the hospital and the research institute occurred in 1980, following coordinated operations since 1960.

Situated at 1275 York Avenue, between 67th and 68th Streets in Manhattan, MSKCC earned the second position in U.S. News & World Report’s 2021–2022 Best Hospitals for cancer care. Aside from recruiting a dedicated medical team, MSKCC provides extensive training programs for physicians and offers benefits such as tuition reimbursement, insurance coverage, gym memberships, and retirement plans.

Also Read: 10 Best Health Insurance Plans For You In India

16. Trilogy Health Services

Trilogy Health Services
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Founded in 1997, Trilogy Health Services stands as a leading healthcare provider, delivering comprehensive senior care through residential facilities and outpatient clinics specializing in memory care and rehabilitative services. The company employs a dedicated team of qualified medical professionals, including nurses, physicians, occupational and physical therapists, and other specialists in senior care.

Additionally, Trilogy Health Services hires personnel for essential roles such as cleaning and sanitation professionals, food planning and preparation specialists, and recreation directors within their residential facilities. Full-time employees enjoy a range of benefits, including health insurance coverage and loan repayment options, along with the added perk of flexible scheduling. Trilogy Health Services remains committed to enhancing the well-being of seniors by fostering a skilled and compassionate workforce across its diverse range of healthcare services.

17. Veradigm

Veradigm, formerly known as Allscripts Healthcare Solutions, Inc., is a publicly traded American corporation specializing in delivering comprehensive technological solutions to physician practices, hospitals, and healthcare providers. Focused on practice management and electronic health record (EHR) technology, Veradigm extends its offerings to include patient engagement, care coordination, and financial and analytics tools. Boasting a user base of over 180,000 physicians and a presence in 2,700 hospitals and 13,000 extended care organizations, the company plays a pivotal role in enhancing healthcare operations.

Veradigm’s software development encompasses electronic health record management, aiding physicians and hospitals in efficient practice administration. The company also develops financial and analytical software tailored to the unique needs of healthcare establishments. Job opportunities at Veradigm span roles such as software development specialists, IT operations and helpdesk professionals, information design experts, and sales operators. Employees enjoy a comprehensive benefits package, including health, vision, dental, life, and disability insurance, along with access to retirement planning options.

18. GE Healthcare

GE Healthcare
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GE HealthCare Technologies, Inc., also known as GE HealthCare, is a prominent American medical technology enterprise headquartered in Chicago, Illinois. Originally part of General Electric, it underwent a spin-off on January 4, 2023, with GE retaining a 13.5% stake. Specializing in the manufacturing and distribution of diagnostic imaging agents and radiopharmaceuticals, the company plays a pivotal role in medical imaging procedures. Its product portfolio encompasses dyes for magnetic resonance imaging, medical diagnostic equipment such as CT image machines, MRI, XRAY, Ultrasound, Cath Labs, Mammogram, and Nuclear Medicine Cameras.

Additionally, GE HealthCare engages in the development of health technology for medical imaging, information technologies, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing. Established in 1994, the company operates globally, reaching more than 100 countries. On November 9, 2021, General Electric announced a strategic split into three investment-grade public companies, with GE HealthCare successfully completing its spin-off and being listed on the Nasdaq Stock Market on January 4, 2023.

19. Apollo Hospitals Enterprise

Headquartered in Chennai, Apollo Hospitals Enterprise Limited stands as the largest healthcare group in India, boasting a network of 71 owned and managed hospitals. Established in 1983 by Prathap C. Reddy, it marked the inception of corporate healthcare provision in the country. The company, beyond its renowned hospital chain, extends its services through subsidiaries, encompassing pharmacies, primary care, diagnostic centers, telehealth clinics, and digital healthcare offerings.

Apollo’s commitment to excellence is underscored by several of its hospitals being pioneers in India to attain international healthcare accreditations from the Joint Commission International (JCI) and NABH accreditation. In 2021, Apollo HealthCo emerged from the amalgamation of Apollo Pharmacy, the leading retail pharmacy chain with over 5,000 stores across 21 states since its initiation in 1987, and Apollo 24/7, the digital healthcare platform launched in 2020. Apollo 24/7 delivers a spectrum of services, including telehealth consultations, online medicine procurement and delivery, and in-home diagnostics, solidifying Apollo’s position at the forefront of healthcare innovation in India.

20. Thyrocare Technologies

Thyrocare Technologies
Image by thyrocare.com

Thyrocare Technologies Limited, headquartered in Navi Mumbai, Maharashtra, is an Indian multinational diagnostic and preventive care laboratory chain with 1,122 outlets and collection centers across India, Nepal, Bangladesh, and the Middle East (as of 2021). In a groundbreaking development on June 26, 2021, API Holdings, the parent company of Indian e-pharmacy and online healthcare aggregator PharmEasy, acquired a controlling 66.1% stake in Thyrocare, marking the first instance of a startup acquiring a listed Indian company. Thyrocare had previously made its initial public offering (IPO) in April 2016, becoming the second diagnostic firm in India to be listed on both BSE and NSE.

In a pioneering move in 2023, Thyrocare has become the first company to integrate AI-based devices in diagnostics. Through a strategic partnership with SigTuple’s AI100, Thyrocare aims to automate manual microscopy across its extensive network. This technological advancement is anticipated to significantly reduce turnaround time, standardize reporting quality, and enhance overall operational efficiency.

Also Read: 24 Jobs that AI will Replace in Future

21. Fortis Healthcare

Fortis Healthcare
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Fortis Healthcare Limited (FHL) is a prominent Indian for-profit private hospital network headquartered in Gurgaon, India, commencing its healthcare operations in Mohali, Punjab. It expanded by acquiring the healthcare division of the Escorts group, strengthening its presence nationwide. The Escorts Heart and Research Center in Okhla, Delhi, became a pivotal operational unit within the chain, nurturing the careers of healthcare professionals like Dr. Tehran, the current MD of Medanta, among others.

The flagship institution, Fortis Memorial Research Institute (FMRI) in Gurgaon, serves as the headquarters, acclaimed as the 23rd smart hospital globally in 2021. Recognized as the 22nd-best hospital in India for 2022 by Newsweek, FMRI boasts cutting-edge facilities. Fortis Healthcare extends its reach across Delhi NCR with hospitals in Faridabad, Noida, Vasant Kunj, Shalimar Bagh (Delhi), and other locations nationwide. Presently, the company operates healthcare services in India, Dubai, and Sri Lanka, managing a total of 36 healthcare facilities.

22. HCA Healthcare

HCA Healthcare, a for-profit healthcare facility operator established in 1968 and headquartered in Nashville, Tennessee, boasts a significant presence with 186 hospitals and around 2,000 care facilities, spanning surgery centers, freestanding emergency rooms, urgent care centers, and physician clinics across 21 U.S. states and the United Kingdom, as of May 2020. Currently ranking #66 on the Fortune 500 list, the company weathered legal challenges in the 1990s, including illegal accounting practices, leading to over $2 billion in federal fines and the removal of CEO Rick Scott by the board of directors.

Operating 185 hospitals and over 2,000 care sites as of 2020, with a notable concentration in Florida and Texas, HCA expanded further with plans for additional hospitals in both states. With a strong foundation in Tennessee, where it originated, HCA continues to grow its healthcare network, exemplified by recent developments such as the construction of five new hospitals in Texas as reported in 2022.

Cross-Reference: 5 Leading Healthcare Trends For 2023

23. Siemens Healthineers

Siemens Healthineers, formerly known as Siemens Medical Solutions, Siemens Healthcare, and Siemens Medical Systems, is a German company specializing in healthcare solutions and services. Established in 2017 as a spin-off from Siemens, the parent company retains a 75% stake in Siemens Healthineers, with its headquarters located in Erlangen, Germany. The evolution of its name includes Siemens Medical Solutions in 2001, transitioning to Siemens Healthcare in 2008, and ultimately rebranding as Siemens Healthineers in May 2016. Bernd Montag assumed the role of global CEO in 2015.

Siemens Healthineers is recognized for pioneering the integration of positron emission tomography (PET) with computed tomography (CT), resulting in the innovative Biograph PET-CT scanner. This groundbreaking technology enables the simultaneous visualization of anatomical structures and biological processes. With a global workforce of 65,000 employees across its affiliated medical technology companies, Siemens Healthineers continues to shape advancements in the healthcare industry.

24. Molina Healthcare

Molina Healthcare, Inc., a managed care company based in Long Beach, California, traces its roots back to 1980 when Dr. C. David Molina, an emergency room physician, founded the organization with a mission to offer healthcare to the most economically disadvantaged individuals, irrespective of their financial capabilities. Over two decades, the company was led by Dr. Molina’s son, J. Mario Molina, MD, who served as the president and CEO, while his younger brother, John Molina, held the position of CFO.

The Molina Medical clinic, initiated in Wilmington, California, marked the company’s commitment to serving low-income families. In September 2020, Molina Healthcare embarked on a significant acquisition, securing the assets of Affinity Health Plan for approximately $380 million. Despite growth, the company faced clinic closures in several states in 2017. Molina Healthcare remains dedicated to providing health insurance to individuals through government programs like Medicaid and Medicare, upholding its founder’s vision of accessible healthcare for all.

25. Baxter International

Baxter International
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Headquartered in Deerfield, Illinois, Baxter International Inc. stands as a prominent American multinational healthcare company. With a sales record of $10.6 billion in 2017, the company operates through two core divisions: BioScience and Medical Products. Focusing primarily on addressing kidney disease and various chronic and acute medical conditions, Baxter’s BioScience segment specializes in the production of recombinant and blood plasma proteins for treating hemophilia and bleeding disorders. Additionally, it provides plasma-based therapies for immune deficiencies and other blood-related conditions, regenerative medicine products, and vaccines.

On the other hand, the Medical Products division concentrates on intravenous solutions, drug delivery systems, inhalational anesthetics, contract manufacturing services, and offerings for end-stage kidney disease, encompassing solutions for peritoneal dialysis and hemodialysis. Baxter International Inc. plays a vital role in advancing healthcare solutions across diverse medical domains.

Also Read: Fortune 100 Best Companies to Work For

The health care field includes a diverse range of companies for employment, each with its unique strengths and opportunities. Job seekers can choose roles that match their skills and passions.

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50 Best Selling Bands of All Time https://moneymint.com/best-selling-bands-of-all-time/ https://moneymint.com/best-selling-bands-of-all-time/#respond Mon, 04 Dec 2023 16:45:59 +0000 https://moneymint.com/?p=34014 Legendary bands have achieved record-breaking sales with their classic hits.

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In the world of music, certain bands have captured the hearts of millions, leaving a lasting mark with their unique styles and timeless tunes. These iconic groups have not only produced classic tunes but have also achieved huge success in terms of sales and fanbase. In this article, we will look at the best selling bands of all time and how they have shaped cultural and musical landscapes.

Best Selling Bands of All Time

Throughout music history, some bands have achieved incredible success, selling millions of albums worldwide. Their timeless melodies and powerful performances have resonated with fans across generations. Their record-breaking sales and enduring popularity continue to solidify their status as some of the best-selling bands of all time.

1. The Beatles

  • Number of Units Sold: 183 million
  • Net Worth: $2.8 billion

The Beatles, formed in Liverpool in 1960, with members John Lennon, Paul McCartney, George Harrison, and Ringo Starr, are widely regarded as the most influential band in history. Their groundbreaking fusion of skiffle, beat, rock ‘n’ roll, and exploration of diverse genres like folk and psychedelia revolutionized popular music. Pioneers in recording and songwriting, they epitomized the sociocultural movements of the 1960s and remain one of the best selling bands of all time.

2. Eagles

  • Number of Units Sold: 120 million
  • Net Worth: $4.9 billion

The Eagles, born in LA in 1971, became rock legends with hits like “Take It Easy” and “Witchy Woman” from their 1972 debut album. Achieving their first US number-one with “One of These Nights” in 1975, the band, featuring Glenn Frey, Don Henley, Bernie Leadon, and Randy Meisner, initially formed under Linda Ronstadt’s influence. Signed to David Geffen’s Asylum Records, they earned six Grammys and five American Music Awards, solidifying their status as one of the best selling rock bands of all time.

3. Led Zeppelin

  • Number of Units Sold: 111.5 million
  • Net Worth: $900 million

Led Zeppelin, one of the biggest selling bands and an iconic English rock group formed in London in 1968, included Robert Plant, Jimmy Page, John Paul Jones, and John Bonham. Pioneering hard rock and heavy metal, their guitar-driven sound blended blues and folk. Despite early criticism, they shaped the music scene, influencing album-oriented rock and stadium performances. Across a decade, they released eight studio albums, starting with their 1969 debut featuring hits like “Good Times Bad Times” and “Dazed and Confused.” Their enduring impact defined a transformative era in rock history.

Also Read: Top 50 Richest People in the World

4. AC/DC

  • Number of Units Sold: 75 million
  • Net Worth: $400 million

Formed in 1973 by Australian siblings Angus and Malcolm Young, AC/DC is an iconic rock band with members Angus Young, Cliff Williams, Phil Rudd, Brian Johnson, and Stevie Young. Their music, often described as hard rock and blues rock, has had a major impact on rock and metal. Inducted into the Rock and Roll Hall of Fame in 2003, AC/DC continues to be a powerhouse in the music world.

5. Pink Floyd

  • Number of Units Sold: 75 million
  • Net Worth: $800 million

Formed in London in 1965, Pink Floyd swiftly rose to prominence as trailblazers of British psychedelic music. Led by Syd Barrett, the original lineup, including Nick Mason, Roger Waters, and Richard Wright, delivered hits like “Arnold Layne” and “See Emily Play,” culminating in the acclaimed debut album “The Piper at the Gates of Dawn” (1967). With their experimental sound and profound lyrics, Pink Floyd became iconic in progressive rock, leaving an enduring impact on music history.

6. Aerosmith

  • Number of Units Sold: 66.5 million
  • Net Worth: $530 million

Aerosmith, born in Boston in 1970, boasts Steven Tyler, Joe Perry, Tom Hamilton, Joey Kramer, and Brad Whitford. Famed as the “Bad Boys from Boston” and hailed as “America’s Greatest Rock and Roll Band,” their bluesy hard rock style, blending pop rock, heavy metal, and rhythm and blues, has influenced countless artists. The “Toxic Twins,” Tyler and Perry, form a legendary songwriting duo, leaving an indelible mark on the global rock scene. They stand among the best selling bands of all time.

7. The Rolling Stones

  • Number of Units Sold: 66.5 million
  • Net Worth: $1.45 billion

The Rolling Stones, formed in London in 1962, have been a rock icon for seven decades. The original lineup included Mick Jagger, Keith Richards, Brian Jones, Bill Wyman, and Charlie Watts. Initially led by Jones, they began writing their own songs in 1963, shaping the gritty, rhythm-driven sound of hard rock. Their dynamic talent cements their status as enduring legends in the rock era.

8. Metallica

  • Number of Units Sold: 63 million
  • Net Worth: $1 billion

Formed in 1981 in Los Angeles, Metallica, an iconic American heavy metal band, primarily operates from San Francisco. Renowned as part of the thrash metal “big four” with Megadeth, Anthrax, and Slayer, their aggressive musicianship and rapid tempos define the genre. The current lineup features founders James Hetfield, Lars Ulrich, Kirk Hammett, and Robert Trujillo, with notable past members like Dave Mustaine and Cliff Burton. They stand among the best selling rock bands of all time.

9. Van Halen

  • Number of Units Sold: 56.5 million
  • Net Worth: $350 million

Hailing from Pasadena, California, Van Halen emerged in 1973, injecting new life into hard rock. Led by the legendary Eddie Van Halen’s unmatched guitar prowess, the band, including Alex Van Halen, David Lee Roth, and Michael Anthony, captivated audiences with dynamic live performances. Their 1978 debut album achieved Diamond status, solidifying their iconic status in rock history as one of the biggest selling bands.

10. Fleetwood Mac

  • Number of Units Sold: 54.5 million
  • Net Worth: $551 million

Founded in 1967 by guitarist and singer Peter Green in London, Fleetwood Mac underwent lineup changes, welcoming members like Mick Fleetwood and Jeremy Spencer. John McVie replaced Bob Brunning soon after their debut, and Christine Perfect officially joined in 1970, becoming Christine McVie. The band, boasting 120 million global record sales, earned a Hollywood Walk of Fame star in 1979, cementing their status as one of the world’s top-selling music acts.

11. U2

  • Number of Units Sold: 52 million
  • Net Worth: $1.8 billion

U2, the legendary Irish rock band formed in 1976 in Dublin, features Bono (lead vocals, rhythm guitar), the Edge (lead guitar, keyboards, backing vocals), Adam Clayton (bass guitar), and Larry Mullen Jr. (drums). Known for their anthemic sound, Bono’s emotive vocals, and the Edge’s effects-laden guitar, they’ve achieved global success with dynamic live performances and profound lyrics exploring spiritual and sociopolitical themes. U2 is among the world’s best selling bands of all time.

Cross-Reference: U2

12. Journey

  • Number of Units Sold: 48 million
  • Net Worth: $128 million

Formed in 1973 in San Francisco, Journey, a rock band with members from Santana, Steve Miller Band, and Frumious Bandersnatch, soared to fame from 1978 to 1987 with vocalist Steve Perry. Hits like “Don’t Stop Believin'” (1981) marked their peak. The 2021 lineup features Neal Schon, Jonathan Cain, Jason Derlatka, Deen Castronovo, Todd Jensen, and Arnel Pineda. Their iTunes highlight came in 2009 with the success of “Don’t Stop Believin’.”

Also Read: Richest Rappers in the World with Net Worth

13. Alabama

  • Number of Units Sold: 46.5 million
  • Net Worth: $1.6 billion

Formed in 1969 in Fort Payne, Alabama, the country music sensation Alabama, led by Randy Owen and Teddy Gentry, rose to fame in the 1980s. Originally called Wildcountry, they rebranded in 1977 after achieving chart-topping success. With 27 number ones and seven multi-platinum albums, Alabama became a country music powerhouse, securing a recording deal with RCA Records. Their ’80s chart dominance cemented their status as one of the best selling rock bands of all time.

14. Guns N’ Roses

  • Number of Units Sold: 44.5 million
  • Net Worth: $450 million

Formed in March 1985 through the merger of Hollywood Rose and L.A. Guns, Guns N’ Roses, the iconic hard rock band from Los Angeles, boasts a classic lineup—Axl Rose, Slash, Izzy Stradlin, Duff McKagan, and Steven Adler. Inducted into the Rock and Roll Hall of Fame in 2012, they’ve sold over 100 million records worldwide, earning a spot among history’s biggest selling bands. The current lineup includes Rose, Slash, McKagan, and others, maintaining their legendary status.

15. Santana

  • Number of Units Sold: 43.5 million
  • Net Worth: $120 million

Founded by Mexican guitarist Carlos Santana in 1966 in San Francisco, Santana rose to fame after their iconic Woodstock Festival performance in 1969. Under Santana’s consistent leadership, the band signed with Columbia Records and achieved commercial success with albums like Santana (1969) and Abraxas (1970). With over 47 million certified albums sold in the US and an estimated 100 million worldwide, Santana is one of the best selling bands of all time, boasting 25 studio albums, with 14 reaching the US top 10.

16. Chicago

  • Number of Units Sold: 38.5 million
  • Net Worth: $2.18 billion

Formed in 1967 in Chicago, the band initially called themselves the Chicago Transit Authority before shortening it. Chicago, a unique blend of rock, jazz, classical, R&B, and pop, earned the 13th spot on the 2008 Hot 100 singles chart success and the 15th in 2015. With over 100 million records sold, they are among the world’s most successful and best selling rock bands of all time.

17. Foreigner

  • Number of Units Sold: 38 million
  • Net Worth: $3.73 billion

Foreigner, the British-American rock sensation formed in 1976 in NYC, boasts Mick Jones, Lou Gramm, and other talents. With a global fan base, they’ve sold 80 million records, 37.5 million in the US. Their 1977 debut marked the start of four consecutive 5× platinum albums, making them one of the world’s biggest selling bands, celebrated for top 10 hits and millions in sales.

18. Backstreet Boys

  • Number of Units Sold: 37 million
  • Net Worth: $200 million

Formed in Orlando, Florida, in 1993, the Backstreet Boys, or BSB, gained global acclaim with their 1996 debut album. Comprising Nick Carter, Howie Dorough, AJ McLean, and cousins Brian Littrell and Kevin Richardson, they released hits like “Backstreet’s Back” in 1997. Celebrating their 20th anniversary, they received a Hollywood Walk of Fame star on April 22, 2013, solidifying their status as one of the best selling bands of all time.

Cross-Reference: Backstreet Boys

19. Def Leppard

  • Number of Units Sold: 35.5 million
  • Net Worth: $220 million

Hailing from Sheffield in 1976, Def Leppard rose to fame in the early 1980s. The current lineup, solid since 1992, includes Rick Savage, Joe Elliott, Rick Allen, Phil Collen, and Vivian Campbell. With 100 million records sold globally, they’ve been inducted into the Rock and Roll Hall of Fame in 2019. Def Leppard stands out as one of just five rock bands with two studio albums each exceeding 10 million US sales, solidifying their place as one of the best selling rock bands of all time.

Also Read: Top 20 Richest Country Singers in the World

20. Queen

  • Number of Units Sold: 35 million
  • Net Worth: $600 million

Formed in London in 1970, Queen, led by Freddie Mercury, Brian May, Roger Taylor, and John Deacon, initially delved into progressive rock and heavy metal. Evolving their sound to embrace arena rock and pop, they became a global cultural icon. With estimated sales of 250-300 million records, Queen remains one of the biggest selling bands. In 1990, they received the Brit Award for Outstanding Contribution to British Music, cementing their lasting impact on the music scene over 50 years.

Cross-Reference: With $53m in annual revenues last year, Queen is still riding high from Bohemian Rhapsody

21. Bon Jovi

  • Number of Units Sold: 34.5 million
  • Net Worth: $410 million

Formed in 1983 in Sayreville, New Jersey, Bon Jovi, led by Jon Bon Jovi, is a genre-blending powerhouse with 15 studio albums and over 120 million global sales. Despite departures like Alec John Such in ’94 and Richie Sambora in ’13, they’ve rocked 2,700 concerts for 34 million fans, earning spots in the UK Music Hall of Fame in ’06 and the US Rock and Roll Hall of Fame in ’18. Undoubtedly, they’re among the best selling bands of all time.

22. Dave Matthews Band

  • Number of Units Sold: 34.5 million
  • Net Worth: $300 million

Formed in 1991 in Charlottesville, Virginia, the Dave Matthews Band (DMB) boasts original members Dave Matthews, Stefan Lessard, and Carter Beauford. Their 1994 debut, “Under the Table and Dreaming,” went six times platinum. With over 25 million concert tickets and 39 million CDs/DVDs sold by 2018, their impact is immense. “Come Tomorrow,” their 2018 album, debuted at No. 1 on the Billboard 200, marking their seventh consecutive chart-topping release.

23. The Chicks

  • Number of Units Sold: 33 million
  • Net Worth: $150 million

Hailing from Dallas, Texas, The Chicks (formerly the Dixie Chicks) rose to prominence after joining Monument Records Nashville in 1997. Following Maines’ inclusion, the band soared to success with albums like “Wide Open Spaces” (1998) and “Fly” (1999). Their rendition of Fleetwood Mac’s “Landslide” topped the Adult Contemporary chart in 2002, solidifying The Chicks’ place in country music history. They stand among the best selling bands of all time.

24. The Doors

  • Number of Units Sold: 33 million
  • Net Worth: $40 million

Formed in 1965 in Los Angeles, The Doors, featuring Jim Morrison, Ray Manzarek, Robby Krieger, and John Densmore, emerged as a highly influential and controversial rock band. Morrison’s distinctive voice, enigmatic lyrics, and unpredictable stage presence fueled their 1960s prominence. The Doors achieved a milestone as the first American band with eight consecutive gold LPs. Renowned magazines, including Rolling Stone, have recognized them as one of the greatest artists, placing them 41st on the “100 Greatest Artists of All Time” list.

25. Pearl Jam

  • Number of Units Sold: 31.5 million
  • Net Worth: $385 million

Formed in Seattle in 1990, Pearl Jam quickly became a rock powerhouse, outselling many ’90s peers. Dubbed “the most popular American rock and roll band of the ’90s,” they’re lauded for their influence and were inducted into the Rock and Roll Hall of Fame in 2017. Rolling Stone readers ranked them eighth in the “Top Ten Live Acts of All Time.” The band’s impact on the decade is undeniable, solidifying their status as one of the era’s most influential acts.

26. Tom Petty & The Heartbreakers

  • Number of Units Sold: 31.5 million
  • Net Worth: $95 million

Tom Petty and the Heartbreakers, a rock band hailing from Gainesville, Florida, formed in 1976 with members Tom Petty, Mike Campbell, Benmont Tench, Stan Lynch, and Ron Blair. Inducted into the Rock and Roll Hall of Fame in 2002, they often collaborated on Petty’s solo projects, including the successful Full Moon Fever (1989). Despite primarily recording as “Tom Petty and the Heartbreakers,” some band members served as studio musicians.

27. Boston

  • Number of Units Sold: 31 million
  • Net Worth: $100 million

Formed in 1975 by Tom Scholz in Boston, Massachusetts, the American rock band Boston achieved remarkable success in the 1970s and 1980s. With core members like multi-instrumentalist Tom Scholz and lead vocalist Brad Delp, the band released six studio albums over 48 years. Scholz played most instruments on their 1976 debut album. Boston secured the 63rd spot on VH1’s list of the best hard rock artists.

Also Read: Top 30 Richest Families in the World

28. Linkin Park

  • Number of Units Sold: 28.5 million
  • Net Worth: $236 million

Linkin Park, an American rock band from Agoura Hills, California, boasts a lineup with members like Mike Shinoda, Brad Delson, Dave Farrell, Joe Hahn, and Rob Bourdon, along with the late Chester Bennington. Initially blending heavy metal with hip hop, their later work incorporates electronica and pop elements. Recognized by MTV2 and Billboard, Linkin Park earned acclaim, with VH1 naming them the greatest artist of the 2000s in 2012. They stand among the best selling bands of all time.

29. Lynyrd Skynyrd

  • Number of Units Sold: 28.5 million
  • Net Worth: $60 million

Lynyrd Skynyrd, an iconic American rock band, originated in Jacksonville, Florida, forming in 1964 as My Backyard. The lineup included Ronnie Van Zant (lead vocals), Gary Rossington (guitar), Allen Collins (guitar), Larry Junstrom (bass guitar), and Bob Burns (drums). Recognized for their musical prowess, the band secured the 95th spot on Rolling Stone’s “100 Greatest Artists of All Time” in 2004. Lynyrd Skynyrd earned their place in the Rock and Roll Hall of Fame on March 13, 2006.

30. Bee Gees

  • Number of Units Sold: 28 million
  • Net Worth: $140 million

The Bee Gees, formed in 1958 by brothers Barry, Robin, and Maurice Gibb, found immense success in the late ’60s and early ’70s, transitioning to disco prominence in the mid-’70s. Inducted into the Rock and Roll Hall of Fame in 1997, they boast nine Billboard Hot 100 number-one hits, making them the third-most successful band in Billboard charts history, surpassed only by the Beatles and the Supremes.

Cross-Reference: TALKING MONEY WITH: BARRY GIBB

31. Creedence Clearwater Revival

  • Number of Units Sold: 28 million
  • Net Worth: $350 million

CCR, or Creedence Clearwater Revival, a renowned American rock band from El Cerrito, California, hit their peak from 1969 to 1971. Led by John Fogerty, the band delivered an impressive streak of fourteen top 10 singles and five top 10 albums in the U.S. Their 1976 compilation album, “Chronicle: The 20 Greatest Hits,” continues to shine on the Billboard 200, reaching 600 weeks in August 2022. Remarkably, it’s certified Diamond by the RIAA with over 10 million copies sold in the U.S. They stand among the best selling bands of all time.

32. Mannheim Steamroller

  • Number of Units Sold: 28 million
  • Net Worth: $10 million

Chip Davis, a percussionist and composer, established Mannheim Steamroller in 1974, an American neoclassical new-age music ensemble. The ensemble gained recognition for its unique blend of classical music, new-age vibes, and rock elements, particularly showcased in the Fresh Aire series of albums. Mannheim Steamroller is also celebrated for its contemporary interpretations of Christmas music.

33. NSYNC

  • Number of Units Sold: 28 million
  • Net Worth: $303 million

Formed in Orlando in 1995 by Chris Kirkpatrick, NSYNC, a popular American boy band, gained international fame with their self-titled debut album in 1997. The group, including members Justin Timberlake, Joey Fatone, Lance Bass, and JC Chasez, saw success with hits like “I Want You Back,” “Girlfriend,” “Pop,” and “It’s Gonna Be Me.” Their track “It’s Gonna Be Me” even topped the US Billboard Hot 100.

34. Nirvana

  • Number of Units Sold: 28 million
  • Net Worth: $850 million

Nirvana, formed in 1987 in Aberdeen, Washington, by Kurt Cobain and Krist Novoselic, gained fame with drummer Dave Grohl in 1990. The band’s brief but impactful 3-year mainstream stint solidified them as the face of Generation X and alternative rock. Despite their short career, Nirvana’s influence endures, and they were inducted into the Rock and Roll Hall of Fame in 2014, recognized by Rolling Stone as one of the greatest artists in 2004. They stand among the best selling bands of all time.

35. Boyz II Men

  • Number of Units Sold: 27 million
  • Net Worth: $200 million

Hailing from Philadelphia, Pennsylvania, Boyz II Men, the renowned American vocal harmony trio, is celebrated for their soulful ballads and captivating a cappella harmonies. The current lineup comprises baritone Nathan Morris, alongside tenors Wanyá Morris and Shawn Stockman. Their 1991 breakthrough brought global acclaim with hits like “Motownphilly” and “It’s So Hard to Say Goodbye to Yesterday.” The timeless “End of the Road” secured their elite status in music history, spending an impressive 50 weeks at the number one spot on Billboard charts.

Also Read: Top 10 Richest Women in India

36. RUSH

  • Number of Units Sold: 26 million
  • Net Worth: $107 million

Rush, the iconic Canadian rock trio featuring Geddy Lee, Alex Lifeson, and Neil Peart, gained widespread acclaim in the 1970s with hits like Fly by Night, 2112, A Farewell to Kings, and Hemispheres. Their success extended into the 1980s and 1990s, with chart-topping albums in Canada, the US, and the UK. Renowned for their musical prowess, intricate compositions, and thought-provoking lyrics inspired by science fiction, fantasy, and philosophy, Rush remains a celebrated force in rock history.

37. Steve Miller Band

  • Number of Units Sold: 25.5 million
  • Net Worth: $60 million

Formed in 1966 in San Francisco, California, the Steve Miller Band, led by guitarist and vocalist Steve Miller, gained fame with a series of 1970s classic rock hits. After leaving his initial band, Miller established the Steve Miller Blues Band. Their 1978 release, “Greatest Hits 1974–78,” became a massive success, selling over 13 million copies. In 2016, Steve Miller earned solo induction into the Rock and Roll Hall of Fame.

38. Creed

  • Number of Units Sold: 25 million
  • Net Worth: $30 million

Formed in 1994 in Tallahassee, Florida, Creed emerged during the late ’90s post-grunge era. With lead vocalist Scott Stapp, guitarist Mark Tremonti, bassist Brian Marshall, and drummer Scott Phillips, the band achieved multi-platinum success with consecutive albums. Notably, their 1999 release, “Human Clay,” went diamond and houses the hit single “With Arms Wide Open.” Despite Marshall’s departure in 2000, Creed’s impact endures, with “Human Clay” standing as one of the biggest selling albums ever. They stand among the best selling bands of all time.

39. Hootie & The Blowfish

  • Number of Units Sold: 25 million
  • Net Worth: $20 million

Hootie & the Blowfish, a rock band formed in 1986 in Columbia, South Carolina, boasts a lineup featuring Darius Rucker, Mark Bryan, Dean Felber, and Jim Sonefeld. With two Grammy Awards, sixteen Billboard charting singles, and six studio albums, their debut, “Cracked Rear View” (1994), ranks 19th among the best selling bands of all time in the U.S., certified platinum 21 times. A musical journey that’s left an indelible mark on American rock history.

40. Motley Crue

  • Number of Units Sold: 25 million
  • Net Worth: $245 million

Formed in 1981 in Hollywood, California, Mötley Crüe, led by bassist Nikki Sixx, drummer Tommy Lee, and guitarist/vocalist Greg Leon, gained fame with seven platinum albums, including the chart-topping “Dr. Feelgood” in 1989. With nine Top 10 Billboard 200 albums, twenty-two mainstream rock hits, and six pop singles, they left their mark. The band’s supposed farewell gig on December 31, 2015, became a theatrical and Blu-ray release in 2016.

41. Red Hot Chili Peppers

  • Number of Units Sold: 25 million
  • Net Worth: $140 million

Formed in Los Angeles in 1982, the Red Hot Chili Peppers, often known as RHCP or Chili Peppers, boast a lineup of vocalist Anthony Kiedis, bassist Flea, drummer Chad Smith, and guitarist John Frusciante. Their genre-defying sound blends alternative rock, funk, punk, hard rock, hip hop, and psychedelic rock, influencing styles like funk metal and rap rock. With a staggering 15 number-one singles, they hold several Billboard Alternative Songs chart records. They stand among the best selling bands of all time.

42. ZZ Top

  • Number of Units Sold: 25 million
  • Net Worth: $60 million

Formed in Houston, Texas in 1969, ZZ Top, an iconic American rock band, featured vocalist-guitarist Billy Gibbons, drummer Frank Beard, and bassist-vocalist Dusty Hill until Hill’s passing in 2021. Known for their blues-infused sound, humorous lyrics, and distinctive appearance, the band gained fame with Gibbons and Hill’s sunglasses, hats, and long beards. ZZ Top earned three MTV Video Music Awards, and in 2004, they were inducted into the Rock and Roll Hall of Fame.

43. REO Speedwagon

  • Number of Units Sold: 24.5 million
  • Net Worth: $50 million

Formed in 1967 in Champaign, Illinois, REO Speedwagon, or simply REO, gained a devoted following in the 1970s and soared to commercial heights in the 1980s. Their pinnacle, the 1980 album “Hi Infidelity,” featuring four US Top 40 hits, sold over ten million copies. With 40 million records sold and 13 Top 40 hits, including chart-toppers like “Keep On Loving You” and “Can’t Fight This Feeling,” REO Speedwagon remains a beloved live act, despite a dip in mainstream radio play in the late 1980s.

Also Read: 50 Richest Athletes in the World

44. Green Day

  • Number of Units Sold: 24 million
  • Net Worth: $100 million

Formed in 1987 in California’s East Bay by vocalist/guitarist Billie Joe Armstrong and bassist Mike Dirnt, Green Day is acclaimed for bringing punk rock to mainstream U.S. audiences. They’ve earned 20 Grammy nominations, securing wins for Best Alternative Album (Dookie), Best Rock Album (American Idiot, 21st Century Breakdown), Record of the Year (“Boulevard of Broken Dreams”), and Best Musical Show Album (American Idiot: The Original Broadway Cast Recording). They stand among the best selling bands of all time.

45. Nickelback

  • Number of Units Sold: 24 million
  • Net Worth: $150 million

Formed in 1995 in Hanna, Alberta, Nickelback is a Canadian rock band featuring Chad Kroeger, Ryan Peake, Mike Kroeger, and Daniel Adair. With a breakthrough in 2002 through “How You Remind Me,” they gained widespread acclaim. Their 2005 album “All the Right Reasons” produced hits like “Photograph,” “Far Away,” and “Rockstar,” the latter being a major success in the UK. Known for their diverse sound, Nickelback continues to be a prominent name in the rock music scene.

46. Earth, Wind, & Fire

  • Number of Units Sold: 23.5 million
  • Net Worth: $20 million

Earth, Wind & Fire, an iconic American band formed in Chicago by Maurice White in 1969, emerged from the Salty Peppers, showcasing a diverse musical palette spanning jazz, R&B, soul, funk, disco, pop, Latin, and Afro-pop. With an impressive legacy, they’ve garnered 6 Grammys and 4 American Music Awards, earning induction into prestigious halls of fame like Rock and Roll, Vocal Group, and NAACP Image Award.

47. Genesis

  • Number of Units Sold: 21 million
  • Net Worth: $230 million

Formed in 1967 at Charterhouse School in Surrey, England, Genesis became a rock sensation with hits like “Foxtrot” (1972) and “Selling England by the Pound” (1973). The iconic trio of Tony Banks, Mike Rutherford, and Phil Collins led the band’s most successful era. Achieving widespread acclaim, Genesis earned induction into the Rock and Roll Hall of Fame in 2010. Their influence is evident in numerous tribute bands recreating memorable moments from the band’s extensive career. They stand among the best selling bands of all time.

Cross-Reference: Genesis Were the Top-Earning Entertainers of 2022

48. The Beach Boys

  • Number of Units Sold: 21 million
  • Net Worth: $225 million

The Beach Boys, formed in 1961 in Hawthorne, California, featured the original lineup of brothers Brian, Dennis, and Carl Wilson, Cousin Mike Love, and friend Al Jardine. Known for their distinctive harmonies, teen-oriented lyrics, and musical creativity, the band drew inspiration from older pop vocal groups, 1950s rock, and black R&B. Led by Brian, they infused classical and jazz elements, along with unconventional recording techniques, into their innovative sound, making them highly influential in the rock era.

49. R.E.M.

  • Number of Units Sold: 21 million
  • Net Worth: $60 million

R.E.M., the Athens-formed American rock band, emerged in 1980 with members Bill Berry, Peter Buck, Mike Mills, and Michael Stipe. Their pivotal albums, “Out of Time” (1991) and “Automatic for the People” (1992), propelled them to the forefront of alternative rock as it entered the mainstream. “Losing My Religion,” the lead single from “Out of Time,” marked R.E.M.’s peak with commercial success, earning seven Grammy nominations at the 34th Annual Grammy Awards.

50. Black Eyed Peas

  • Number of Units Sold: 20 million
  • Net Worth: $70 million

The Black Eyed Peas, an American musical group formed in 1995 in Los Angeles, consists of rappers will.i.am, apl.de.ap, and Taboo. Initially rooted in alternative hip hop, they transitioned to a pop-rap style for broader appeal. Fergie joined in 2002, replacing Kim Hill. The group gained widespread success with their third album, Elephunk, in 2003, marking a turning point in their record sales and popularity during the 2000s. They stand among the best selling bands of all time.

Also Read: 50 Richest Cricketers in the World

With this, we come to the end of the list of most popular bands of all time. Their widespread appeal and popularity have made them household names across several generations.

Source: Best-selling music artists of all time

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All About Charles Schwab Investor Card https://moneymint.com/all-about-charles-schwab-investor-card/ https://moneymint.com/all-about-charles-schwab-investor-card/#respond Fri, 01 Dec 2023 16:08:02 +0000 https://moneymint.com/?p=44069 Simplify spending and maximize benefits using Charles Schwab Investor Card.

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If you are thinking of earning profits and maintain excellent credit scores, Charles Schwab Investor Card is perfect for you. With a wide range of rewards and user-friendly service, it helps manage investments by providing access to exclusive financial tools. In this article, we will explore the key aspects of the Charles Schwab Investor Card, shedding light on its eligibility, fees, and benefits.

What is Charles Schwab?

Charles Schwab
Image by schwab.com

The Charles Schwab Corporation is a multinational financial services company based in the United States. It provides a range of financial services, including banking, commercial banking, investment services, and related consulting and wealth management advisory services. The company serves both retail and institutional clients, operating through over 400 branches primarily located in financial centers in the United States and the United Kingdom. It holds the tenth position on the list of the largest banks in the United States based on assets.

Established in 1971 by Charles R. Schwab as Charles Schwab & Co., the company took advantage of the financial deregulation in the 1970s to become a pioneer in the discount sales of equity securities. Beginning with its flagship location in Sacramento, the bank expanded its presence to Seattle. During the economic expansion of the 1980s, the bank invested in technology, automation, and digital record-keeping. Charles Schwab was the first to introduce round-the-clock order entry and quotation services. In 1983, Bank of America acquired the company for $55 million.

All About Charles Schwab Investor Card

Charles Schwab Investor card
Image by schwab.com

When you’re exploring credit card options, it’s crucial to discover one that aligns with your lifestyle and spending patterns. The Schwab Investor Card by American Express might be a great choice if you’re looking to combine cashback rewards with your Schwab investment account.

In this review of the Schwab Investor Card from American Express, we’ll delve into the pros and cons of the card, as well as the ins and outs of earning and redeeming cash back. This information will aid you in determining whether the Schwab Investor Card from American Express is a suitable addition to your wallet.

Features of Charles Schwab Investor Card

The Schwab Investor Card from American Express proves to be an excellent choice for those seeking a high-quality cashback rewards card that contributes to the growth of their Schwab investment account. With this card, you can effortlessly earn cash back on all your purchases, and the rewards are conveniently deposited directly into your linked Schwab account. This means that your everyday expenses can actively contribute to the growth of your investments.

  • Introductory 0% APR: For the first 6 months, new cardholders enjoy a special 0% APR on their initial purchases.
  • Competitive APR Range: The Schwab Investor Card from American Express offers a variable purchase APR, spanning from 14.74% to 17.74%.
  • No Annual Fee Convenience: Ideal for those seeking a hassle-free rewards card, this option provides rewards on purchases without the burden of an annual fee.
  • Foreign Transaction Fee Alert: When traveling abroad, it’s advisable to steer clear of using this card, as it imposes a 2.7% commission on every transaction outside the U.S.
  • Credit Score Requirement: Approval odds are higher for individuals with a credit score of 700 or above; a lower score may diminish your chances.
  • Welcome Bonus: Get a generous welcome offer with a $200 cash back reward (provided as a statement credit) after spending $1,000 within the first 3 months of opening your account.
  • Unlimited Cash Back: Enjoy unlimited 1.5% cash back on all qualifying purchases, giving you a consistent way to earn rewards.
  • Exclusive Schwab Partnership: Experience a distinctive partnership where all your earned cash back is seamlessly deposited into your linked Schwab account, providing a convenient way to boost your investments.
  • ShopRunner Membership: Access a complimentary ShopRunner membership for free shipping on eligible purchases from over 100 online retailers. Enjoy speedy shipping, often within two days, from major brands like Under Armour, 1-800-Flowers, Neiman Marcus, and more. This membership requires enrollment and also offers free return shipping through ShopRunner.
  • Car Rental Loss and Damage Insurance: Benefit from up to $50,000 in insurance coverage for damage or theft of an eligible rental vehicle. Cardmembers, their spouses or domestic partners, and authorized drivers are all covered under this valuable feature.
  • Extended Warranty Benefits: Qualifying purchases receive an additional year of extended warranty coverage, with a maximum of $10,000 per eligible purchase and up to $50,000 per card account.
  • Purchase Protection: Gain peace of mind with purchase protection that covers eligible purchases for damage or theft within 90 days of purchase. This feature provides coverage up to $1,000 per eligible purchase and up to $50,000 per card account.

Rewards Offered by Charles Schwab

Let’s explore how the Schwab Investor Card from American Express can contribute to your cash back over the years.

  • In the first year, you could potentially earn $703, which includes statement credits and deposits into your Schwab account.
  • Moving on to the second year, you might see earnings of $503, primarily in the form of Schwab deposits.
  • To make the most of the cashback rewards offered by the Schwab Investor Card, it’s advisable to use it for a wide range of purchases.
  • The card provides a consistent 1.5% cash back on all eligible transactions, eliminating the need to focus on specific categories like groceries or gas.
  • Essentially, every purchase you make can contribute to a 1.5% cash back return.

When it comes to redeeming your cash back, it’s worth noting that the funds are automatically transferred to your linked Schwab account. Given that this is the sole redemption option, maximizing your cash back becomes key to increasing the deposits into your investment account.

How to apply for Charles Schwab Investor Card?

Step 1: Go to the Charles Schwab Investor Card from American Express website and click on Apply Now.

click on Apply Now
Image by schwab.com

Step 2: Complete the application form, where you’ll be asked for basic financial details like your Social Security Number, address, and annual income.

Step 3: Double-check that all the information is correct before submitting your application.

Who are Eligible to Apply?

If you’re 18 or older, living in the U.S. (including its territories and Puerto Rico), and have a valid U.S. home address, you can apply for a Card account if you have an eligible Schwab account.

An eligible account refers to either a Schwab One or Schwab General Brokerage Account under your name or the name of a revocable living trust where you serve as the grantor and trustee, or a Schwab Traditional, Roth, or Rollover IRA that is not under the management of an independent investment advisor through a direct contractual relationship between you and the advisor.

If you don’t already have an eligible Schwab account, you can open one at Schwab One or by calling 866-385-1227.

Required Credit Score

To qualify for the Charles Schwab Investor Card, it’s usually important to have a solid credit score. Although the specific criteria can differ, it’s generally advised to aim for a credit score of 700 or higher to enhance your likelihood of being approved. Nevertheless, simply meeting the credit score benchmark doesn’t assure approval, as the application process takes into account additional factors like income and current debts.

Also Read: How Short-term Loans affect your Credit Score?

Charles Schwab Investor Card Fees

Opening a Charles Schwab brokerage account, individual retirement account (IRA) account, Schwab Trading Services account, or Schwab checking account linked to a Schwab One brokerage account is completely free. There are no fees for opening or maintaining these accounts, and there are no account minimums to worry about.

Schwab Investor Card from American Express is a great option for those seeking a rewards card without an annual fee. It doesn’t impose overlimit fees, offering a hassle-free experience. However, it’s important to note that the card does come with a 2.7% foreign transaction fee. For instance, if you spend $2,000 on a week-long vacation abroad, you’ll incur a $54 foreign transaction fee. If you frequently travel internationally, you might want to consider applying for a card that doesn’t charge foreign transaction fees and leave this one at home.

Description Applicable Fee
Cash Advance Fee Minimum $10
Cash Advance Fee (%) 5%
Minimum Cash Advance Fee ($) $10
Foreign Currency Transaction Fee 2.7%
Annual Fee 0
Annual Fee $0
Over-Limit Fee $0
No Interest Grace Period for Late Payment 25 days
Returned Payment Fee $40
Late Fee Amount $40

Who is Charles Schwab Investor Card Best for?

Invest in stocks

The top-notch rewards credit cards provide points, miles, or cash back on your purchases. The Schwab Investor Card from American Express falls into the cash back category, allowing you to earn rewards effortlessly on eligible purchases.

It’s important to note that the Schwab Investor Card is tailored for those who specifically want to accumulate cash back with the intention of depositing it into a Schwab account. This card limits its redemption options to this sole purpose. If you don’t have a Schwab investment account or don’t plan to open one, this card might not align with your preferences.

Charles Schwab Investor Card Pros

  • Enjoy potentially lower than average APRs on your purchases.
  • Benefit from a 0% APR on new purchases for the initial 6 months, followed by a variable purchase APR ranging from 14.74% to 17.74%.
  • No need to worry about an annual fee.
  • Stay secure with Identity Theft Protection.
  • Earn rewards on your purchases as a cardholder.
  • The Schwab Investor Card from American Express reports to multiple credit bureaus, helping you build and track your credit history.

Charles Schwab Investor Card Cons

  • Having a solid credit history is necessary for eligibility.
  • Unfortunately, there is no signup bonus available.
  • Be aware of a 2.7% fee for foreign transactions.
  • Rewards are not earned on every purchase.

Is Charles Schwab Investor Card Safe?

When considering applying for a new credit card, Charles Schwab Investor Card emerges as a safe bet. Unlike some other banks, Amex typically refrains from performing a hard pull on your credit report when denying an application. Even if you already hold a Charles Schwab card, the likelihood of encountering a hard pull upon approval for another one is generally low. Additionally, it has implemented a beneficial feature during the application process: they now provide a warning if you don’t meet the eligibility criteria for the bonus, offering transparency to potential cardholders.

  • Lifetime Rule: If you’ve had the same card in the past, chances are you won’t be eligible for a welcome bonus if you apply for it again. Luckily, the application process will notify you if this restriction applies. Amex tends to overlook your card history after approximately 7 years.
  • 90 Day Rule: You’re limited to obtaining a maximum of two credit cards within a 90-day period. It’s important to note that this rule doesn’t apply to Pay Over Time (charge) cards.
  • 5 Credit Card Limit: Amex typically won’t approve new credit card applications if you already have five or more Amex credit cards, or if you hold 10 or more charge cards.

Does Charles Schwab Investor Card Report you to Credit Bureaus?

The Schwab Investor Card from American Express shares your account activity with major credit reporting agencies:

Consistently making timely payments to a creditor that reports to these credit bureaus reflects your financial responsibility and could positively impact your credit score.

Alternatives to Charles Schwab Investor Card

The Schwab Investor Card from American Express caters well to those with Schwab investment accounts, but it might not be the ideal choice for everyone. If you’re seeking higher earning potential, exploring some of the top cashback credit cards could be worthwhile.

1. Blue Cash Preferred Card from American Express

Blue Cash Preferred Card from American Express
Image by americanexpress.com

It comes with a $0 intro annual fee for the first year, and $95 per year thereafter (See rates and fees). The card allows you to earn 6% cash back at U.S. supermarkets (on the first $6,000 per year, then 1%) and on select U.S. streaming services.

Additionally, you get 3% cash back at U.S. gas stations and on eligible transit, along with 1% cash back on other eligible purchases. Given its attractive rates in common spending categories, the Amex Blue Cash Preferred has the potential to outshine the earning capabilities of the Schwab Investor Card.

2. Chase Freedom Unlimited

Chase Freedom Unlimited
Image by creditcards.chase.com

This card lets you earn 5% cash back on travel purchased through Chase Ultimate Rewards, 3% cash back on drugstore purchases and dining at restaurants (including takeout and eligible delivery services), and a solid 1.5% cash back on all other purchases.

Across all earning categories, the Freedom Unlimited either matches or exceeds the benefits of the Schwab Investor Card. Notably, the cash back earned with this card comes in the form of Chase Ultimate Rewards points, providing flexibility in redemption options, including cash back, online shopping, gift cards, and travel.

Also Read: Slice Credit Card Review – Features and Benefits

Charles Schwab Investor Card offers various features to simplify the financial journey for its users. It is a viable option for those seeking a practical and cost-effective option for navigating the world of investment.

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50 Youngest Female Billionaires in the World https://moneymint.com/youngest-female-billionaires/ https://moneymint.com/youngest-female-billionaires/#respond Wed, 22 Nov 2023 16:16:08 +0000 https://moneymint.com/?p=35654 World's richest female billionaires have achieved success with their remarkable accomplishments and entrepreneurial prowess.

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In the present world, a brilliant group of young women have become immensely successful due to their talent and skills. They have defied age old norms and expectations of the society to build huge fortunes that place them among the wealthiest in the world. In this article, we have compiled the list of 50 youngest female billionaires in the world, discovering their backgrounds, career and the impact they have made on the world.

Youngest Female Billionaires in the World

In recent times, the world stage has seen the emergence of several young female billionaires, highlighting their ability to overcome challenges and capitalize on opportunities. This article delves into the remarkable lives of these women, providing insights into the various industries they have excelled in and the innovative strategies they have employed to amass their fortunes.

1. Kim Jung-youn

  • Net Worth: $1.4 billion
  • Age: 19 years

Kim Jung-youn and her older sister, Jung-min, collectively hold approximately 31% of NXC, the primary shareholder in the renowned online gaming company Nexon. They inherited the majority of their shares from their father, Kim Jung-ju, who established Nexon in 1994. Unfortunately, he passed away in February 2022 at the age of 54. Despite their significant ownership, neither Jung-youn nor her sister has actively participated in the management of Nexon, and there is limited information available about them. She is one of the youngest female billionaires in the world.

2. Kim Jung-min

  • Net Worth: $1.4 billion
  • Age: 21 years

Kim Jung-min, aged 21, and her sister, Kim Jung-youn, came into a substantial inheritance following the passing of their father, Kim Jung-ju, in February 2022. Furthermore, both siblings acquired a 15% stake in Nexon, a prominent player in the gaming industry renowned for creating games like MapleStory and Winds. Kim Jung-min’s story highlights the immense potential and profitability of the gaming sector, shedding light on her creative business approach that has captured significant attention. She is one of the youngest richest women in the world.

3. Alexandra Andresen

  • Net Worth: $1.5 billion
  • Age: 27 years

Alexandra Andresen and her older sister, Katharina, both received an equal inheritance of 42% from their family’s investment firm, Ferd. The company, currently overseen by their father Johan, operates with a dual class share structure, allowing him to retain control of 70% of the voting power. Ferd engages in various financial activities, including managing hedge funds, actively participating in the Nordic stock exchange, and making private equity investments. She is one of the youngest richest girls.

4. Katharina Andresen

  • Net Worth: $1.5 billion
  • Age: 28 years

Katharina Andresen, born in 1995, holds the distinction of being one of the globe’s youngest billionaires. She, along with her sister Alexandra, who is a year younger, inherited 42% each of the family’s investment firm, Ferd. Despite the ownership, their father Johan continues to lead the company, maintaining control over 70% of the votes through a dual class share system. Ferd engages in various financial activities, including managing hedge funds, participating as an active investor on the Nordic stock exchange, and holding private equity investments. She stands out as one of the youngest female billionaires.

Also Read: Top 10 Richest Women in India

5. Taylor Swift

  • Net Worth: $1.1 billion
  • Age: 33 years

In October 2023, Taylor Swift became a billionaire, primarily from her lucrative Eras tour and valuable music catalog. She’s the first artist to achieve this solely through her music. With over $500 million from royalties and touring, a $500 million music catalog, and $125 million in real estate, Swift took control of her legacy by re-recording her first six albums since 2021. The overwhelming demand for her 2023 Eras Tour led to congressional scrutiny of Ticketmaster’s concert sales dominance, sparking industry-wide discussions.

6. Rihanna

  • Net Worth: $1.4 billion
  • Age: 35 years

Barbados’ pride, Rihanna, reached billionaire status through Fenty Beauty’s stellar success, doubling revenue in 2022 alongside LVMH. With a 30% stake in Savage x Fenty, valued at $1 billion in 2021, Rihanna expands her empire. At the Super Bowl LVII halftime show in 2023, she joyfully announced her second pregnancy with partner A$AP Rocky. Amid personal milestones, Rihanna returned to music in 2022, earning an Oscar nomination for Best Original Song with “Lift Me Up” from “Black Panther: Wakanda Forever.” She is one of the youngest female billionaires in the world.

7. Franziska Wuerbser

  • Net Worth: $1.1 billion
  • Age: 35 years

Franziska Wuerbser is the daughter of Gabriella Meister, one of the four family heirs who collectively inherited a 63% stake in Rational AG, a prominent kitchen appliance manufacturer. Rational holds a substantial market share, exceeding 50%, in the global market for food preparation appliances utilized in large-scale and commercial kitchens. The company, which went public in the year 2000, has achieved growth organically, without resorting to acquisitions, and takes pride in its commitment to innovative and energy-efficient technology. She is one of the youngest richest women in the world.

8. Melanie Perkins

  • Net Worth: $3.6 billion
  • Age: 36 years

In 2013, Melanie Perkins, Cliff Obrecht, and Cameron Adams co-founded Canva in Sydney, Australia. Despite initial investor skepticism, Canva reached a $40 billion valuation by September 2021. Melanie Perkins, the current CEO, and Cliff Obrecht, each holding an estimated 18% stake, pledged over 80% for charitable purposes through the Canva Foundation. With 60 million monthly users, including teams from Intel and Zoom, Canva’s freemium software enables effortless creation of visually appealing content for diverse purposes. She is one of the youngest richest girls.

9. Lu Yiwen

  • Net Worth: $1.6 billion
  • Age: 36 years

Lu Yiwen, aged 29, serves as the Chief Strategy Officer (CSO) for the Chinese diamond brand Darry Ring, which has gained significant popularity among young Chinese couples in recent years due to its distinctive marketing approach, particularly in the realm of engagement rings. The brand emphasizes a singular customization opportunity for each man, positioning Darry Ring’s engagement rings as a profound commitment to a man’s lifelong, unique love. Notably, Darry Ring made its debut on the Shenzhen Stock Exchange in 2021. She stands out as one of the youngest female billionaires.

10. Eva Maria Braun-Luedicke

  • Net Worth: $1.2 billion
  • Age: 36 years

Eva Maria Braun-Luedicke owns a 12% stake in B. Braun Melsungen, a medical device company established in 1839. Originally a herbal remedies pharmacy, it saw significant growth under her mother’s cousin, Ludwig Georg Braun, who took over in 1977 when annual sales were $24 million. Currently, B. Braun’s sales exceed $8 billion, with a global workforce of 64,000. Eva Maria, as the Communications Manager, oversees the company’s diverse product range, from infusion solutions to surgical instruments.

Also Read: The Top 10 Richest Women in the World

11. Ginia Rinehart

  • Net Worth: $1.9 billion
  • Age: 37 years

Ginia Rinehart, the youngest offspring of Australian mining tycoon Gina Rinehart, shares in a trust holding a significant stake in mining giant Hancock Prospecting alongside her three siblings. Despite a contentious court battle for control of the trust with her mother, Ginia opted to stay on the sidelines. Holding a business degree with a major in Spanish from London, she plays a pivotal role in the family’s business endeavors. She is one of the youngest female billionaires in the world.

12. Anne Marie Werninghaus

  • Net Worth: $1.2 billion
  • Age: 37 years

Anne Marie Werninghaus, the largest individual shareholder of WEG, a leading electrical motor manufacturer in Latin America, has familial ties to its founders. Despite her significant stake, she’s not involved in the company’s operations. Instead, Anne founded VestesBr, a brief lived B2B fashion marketplace in 2011. Residing in Joinville, near WEG’s headquarters, Anne leads a quiet life. The multinational WEG, co-founded by her grandfather, achieved $3.05 billion in revenue in 2020 across its five-country operations. She is one of the youngest richest women in the world.

13. Ipek Kirac

  • Net Worth: $2.8 billion
  • Age: 38 years

Ipek Kirac, the adopted daughter of Inan and the late Suna Kirac, is an heir to Turkey’s Koc Holding conglomerate. With interests in energy, autos, consumer goods, and finance, Koc Group spans diverse sectors including technology, food, retail, tourism, agriculture, and shipbuilding. Ipek joined the board in 2016 and has been the Chairwoman and CEO of Sirena Marine since 2012. Sadly, her mother, Suna, who battled ALS for two decades, passed away in September 2020. She is one of the youngest richest girls.

14. Hope Welker

  • Net Worth: $1.9 billion
  • Age: 38 years

Hope Welker holds the position as the third child among the offspring of Gina Rinehart, the prominent Australian mining billionaire. As part of a trust that possesses a substantial stake in the mining behemoth Hancock Prospecting, she shares this privilege with her three siblings. Notably, she initially participated in a legal dispute alongside her siblings, aimed at ousting their mother from her role as trustee. However, she later opted to withdraw from the court battle. She stands out as one of the youngest female billionaires.

15. Miranda Qu

  • Net Worth: $1.3 billion
  • Age: 38 years

Miranda Qu serves as the President of Xiaohongshu, a Shanghai-based social and e-commerce firm she co-founded with CEO Charlwin Mao in 2013. With over 200 million monthly active users, both Qu and Mao own approximately 10% of the company. Following a November 2021 funding round with investors such as Tencent and Alibaba, Xiaohongshu reached a $20 billion valuation. Qu, with a background in Bertelsmann’s marketing, has played a key role in the company’s success.

16. Caroline Hagen Kjos

  • Net Worth: $2 billion
  • Age: 39 years

Caroline Hagen Kjos assumed the chairmanship of her family’s Canica AS in 2014, gaining a majority stake as well. Her father, Norwegian billionaire Stein Erik Hagen, co-founded Rimi, a discount supermarket, in the 1970s. Rimi later merged with ICA Group and Ahold. Hagen used the proceeds to establish Canica AS, which now holds diverse investments in Scandinavia, such as consumer goods manufacturer Orkla ASA and hardware store chain Jernia. Caroline, a Swiss resident, oversees the company’s strategic direction and operations. She is one of the youngest female billionaires in the world.

17. Friederike Braun-Luedicke

  • Net Worth: $1.2 billion
  • Age: 39 years

Friederike Braun-Luedicke holds a 12% stake in B. Braun Melsungen, a medical device company tracing its roots back to a small herbal remedy pharmacy in 1839. Her mother’s cousin, Ludwig Georg Braun, assumed leadership in 1977 when the company had $24 million in yearly sales (now $8 billion). Today, boasting 60,000 global employees, B. Braun manufactures a diverse range of products, from infusion solutions to surgical instruments. Friederike serves as a Personnel and Organizational Development Manager at B. Braun. She is one of the youngest richest women in the world.

18. Agnete Kirk Thinggaard

  • Net Worth: $6.8 billion
  • Age: 40 years

Agnete Kirk Thinggaard, the fourth-gen Lego owner, shares a 75% stake with her father, sister, and brother. Formerly on the Lego Foundation’s board, she joined Kirkbi as a board observer in 2020. The family’s toy legacy began in 1932 when her great-grandfather, a carpenter named Ole, crafted wooden toys, later transitioning to plastic in the 1940s. They also own half of Merlin Entertainments, privatized in 2019. Thinggaard, an Olympic dressage representative for Denmark in 2016, ranked 26th in individual competition at the Rio de Janeiro Games. She is one of the youngest richest girls.

Also Read: 47 Best Business Ideas for Women

19. Lynsi Snyder

  • Net Worth: $6.7 billion
  • Age: 41 years

Lynsi Snyder, the heiress to In-N-Out Burger, inherited the beloved West Coast chain in 2017 on her 35th birthday, receiving the final part of her stake. The last family heir after her father and uncle, both former presidents, passed away, Snyder became president in 2010. Over the past decade, she’s expanded the chain by over 150 locations. Her billionaire status is attributed to the complex trust set up by her grandparents, steadily granting her stakes in the business. She stands out as one of the youngest female billionaires.

20. Maria Angelicoussis

  • Net Worth: $5.6 billion
  • Age: 41 years

Maria Angelicoussis, CEO and owner of Athens-based shipping company Angelicoussis Group, inherited the business in 2021 following her father’s passing. With a medical degree from Cambridge, Maria initially worked as a junior doctor in the UK before joining the family business in 2008. The group, founded by her grandfather in 1947, now boasts 142 vessels, including oil tankers, LNG carriers, and dry bulk ships. Maria assumed the role of vice president upon her return to Greece and has since steered the company to success.

21. Cristina Junqueira

  • Net Worth: $1 billion
  • Age: 41 years

At 30, Cristina Junqueira co-founded Nubank in 2013, now the world’s most valuable digital bank. Formerly heading Itaú’s top credit card division, she left to launch Nubank with David Vélez and Edward Wible. With an engineering background and an MBA from Northwestern University, Junqueira became a billionaire as Nubank (Nu Holdings) went public on the NYSE in December 2021, valued over $50 billion. Holding almost 3% of Nubank, her journey from banking to fintech success is notable. She is one of the youngest female billionaires in the world.

22. Yang Huiyan

  • Net Worth: $3.9 billion
  • Age: 42 years

Yang Huiyan, now sole head of Country Garden, inherited a majority stake from her father in 2007, once making her the world’s youngest female billionaire. Amid family involvement, her sister Yang Ziying serves on the board, and husband Chen Chong is a non-executive director. In 2023, Country Garden’s missed interest payments of $22.5 million on offshore bonds caused turmoil in China’s real estate market. Yang later donated $826 million worth of Country Garden Services shares to a charity established by her sister in Hong Kong. She is one of the youngest richest women in the world.

23. Katarina Martinson

  • Net Worth: $2.2 billion
  • Age: 42 years

Katarina Martinson and her sister Louise Lindh jointly own a 15% share in their family’s investment firm, L.E. Lundbergforetagen AB. The company, initially a construction business founded by their grandfather Lars in 1944, is now diversified into property management, investments, and owns a pulp and paper company. Both sisters, along with their father Fredrik Lundberg, hold board seats in the group companies. Privately, Martinson actively invests and holds stakes in NN07, a clothing company, and Lyko, an online cosmetics seller. She is one of the youngest richest girls.

24. Marie Besnier Beauvalot

  • Net Worth: $8.6 billion
  • Age: 43 years

Marie Besnier Beauvalot, holding a 20.7% stake in Lactalis, a French dairy giant, hails from the family’s hometown of Laval. Founded by her grandfather in 1933, her brother Emmanuel now serves as CEO and majority shareholder. Lactalis, Europe’s leading dairy producer, boasts a $20 billion product line, featuring President brie, Milkmaid yogurts, and Valbreso Feta. The family extends its influence to Italy’s Parmalat and France’s Frommageries Bel. Lactalis, with a global reach including China and Southeast Asia, continues its international expansion. She stands out as one of the youngest female billionaires.

25. Kim Kardashian

  • Net Worth: $1.7 billion
  • Age: 43 years

Reality TV icon Kim Kardashian turned her fame into a billion-dollar fortune, mainly through her Skims shapewear line, now valued at $4 billion after a 2023 funding round with backers like Stephen Mandel and Josh Kushner. She cashed in $200 million by selling 20% of KKW Beauty to Coty in 2020, then closed it in 2021. Following her divorce from Kanye West in 2022, she launched SKKN By Kim, a luxury skincare collection in June 2022, and maintains shared custody of their four children.

26. Johanna Braun

  • Net Worth: $1.1 billion
  • Age: 43 years

Johanna Braun, a sixth-generation family member, owns a 10% stake in B. Braun Melsungen, a medical device company that originated as a small herbal remedy pharmacy in 1839. Under her father Ludwig Georg’s leadership since 1977, the company’s annual sales grew from $24 million to $8 billion. Johanna’s sister, Anna Maria, currently serves as the CEO. B. Braun, with over 64,000 global employees, produces a diverse range of medical products, including infusion solutions, surgical instruments, and injection solutions. She is one of the youngest female billionaires in the world.

Also Read: 20 Best Trade Jobs for Women to Explore

27. Julia Oetker

  • Net Worth: $4 billion
  • Age: 44 years

Julia Oetker owns a one-third stake in Geschwister Oetker, a German conglomerate established in 2021 following the eight Oetker siblings’ decision to split their $8 billion business into two groups. The original enterprise, Dr. August Oetker, traces its roots back to 1891 when her great-grandfather began selling non-perishable baking powder. Julia’s brothers, Alfred and Carl Ferdinand, currently act as co-CEOs of Geschwister Oetker, overseeing diverse holdings in wine, spirits, chemicals, and luxury hotels. She is one of the youngest richest women in the world.

28. Louise Lindh

  • Net Worth: $1.9 billion
  • Age: 44 years

Louise Lindh and her sister Katarina Martinson jointly own 30% of L.E. Lundbergforetagen AB, a family investment firm. Established in 1944 as a construction company by their grandfather Lars, Fredrik Lundberg assumed leadership in 1981. The company, now involved in property management and diverse ventures, holds stakes in Volvo and Ericsson. Louise oversees the real estate sector and serves on Holmen’s board, while both sisters, along with their father Fredrik, have board seats in various group companies. She is one of the youngest richest girls.

29. Anna Maria Braun

  • Net Worth: $1.1 billion
  • Age: 44 years

Anna Maria Braun, the sixth-generation family member and CEO of B. Braun Melsungen, oversees its $8 billion annual sales and 64,000 employees worldwide. Originally a small herbal remedies pharmacy in 1839, the company now produces a diverse range of medical products. Anna Maria, who owns 10% of the company, also leads its Asian/Pacific operations, following in the footsteps of her father, Ludwig Georg Braun, who took charge in 1977 when annual sales were just $24 million. She stands out as one of the youngest female billionaires.

30. Marina Caprotti

  • Net Worth: $1.2 billion
  • Age: 45 years

Marina Caprotti inherited the majority of her wealth from her late father, Bernardo Caprotti, the founder of Italy’s Esselunga supermarket chain. Upon his passing, he bequeathed a 67% stake to his second wife, Giuliana, and daughter Marina, while the remaining third went to his other two children. In 2020, Giuliana and Marina acquired the remaining stake for nearly 2 billion Euros. Marina assumed the role of executive chair at Esselunga in the same year.

31. Yvonne Bauer

  • Net Worth: $2.7 billion
  • Age: 46 years

Yvonne Bauer, steering the fifth-generation family-owned Bauer Media Group since 2005, oversees Europe’s largest magazine company. With roots dating back to 1875 as a modest printing business, the group, led by Yvonne, now encompasses print, audio, and online media. Holding 85% of the company, Yvonne expanded its influence in 2020 by acquiring Mitteldeutsche Zeitung in Halle. The second youngest among four siblings, Yvonne focuses on women’s content across 600 global titles, including InTouch and Grazia. She is one of the youngest female billionaires in the world.

32. Dominika Kulczyk

  • Net Worth: $2 billion
  • Age: 46 years

In 2015, Jan passed away after minor heart surgery, leaving Dominika and her brother Sebastian an inheritance. By 2018, they divided the estate, and Dominika received the majority, including cash from the 2016 SAB Miller stake sale. She now chairs the supervisory board of Polenergia, inheriting the stake. Alongside her parents, Dominika initiated the Kulczyk Foundation in 2013, dedicated to combating global discrimination and inequality against women. She currently serves as the foundation’s president, originally conceptualizing the idea. She is one of the youngest richest women in the world.

33. Bianca Rinehart

  • Net Worth: $1.9 billion
  • Age: 46 years

Bianca Rinehart, the eldest daughter of Australian mining tycoon Gina Rinehart, assumed trusteeship of the Hope Margaret Hancock Trust in 2015 following a protracted legal dispute with her mother. The trust, holding almost 25% of Gina Rinehart’s Hancock Prospecting for her four children, is under Bianca’s stewardship. A Flinders University graduate in hospitality and hotel management, she manages the family’s significant business interests as a trustee. She is one of the youngest richest girls.

34. Yang Yunyun

  • Net Worth: $1.6 billion
  • Age: 46 years

Yang Yunyun serves as the Vice President overseeing risk management at Miniso, a retail giant headquartered in China. Her husband, Ye Guofu, holds the positions of Chairman and CEO at the same company. Together, they navigate the complexities of running a business that spans more than 4,200 stores across 80 countries and regions worldwide. She stands out as one of the youngest female billionaires.

Also Read: 50 Best Selling Music Artists

35. Charlotte Soderstrom

  • Net Worth: $1.7 billion
  • Age: 46 years

Charlotte Soderstrom, daughter of H&M Chairman Stefan Persson, owns a stake in the global retailer. Her grandfather, Erling Persson, founded H&M in 1947. Charlotte manages H&M sponsorships and oversees a stud farm. Brother Karl-Johan is slated to become chairman in 2020, while brother Tom Persson and aunt Lottie Tham are also billionaires. The family’s wealth is rooted in H&M, where Charlotte plays an active role, carrying on the legacy established by her grandfather.

36. Li Qiong

  • Net Worth: $1.3 billion
  • Age: 46 years

Li Qiong used to be married to Zhou Yahui, the renowned figure in the online gaming industry. Zhou serves as the chairman of Beijing Kunlun Tech, a highly successful online game company in China. Following her divorce from Zhou, Li acquired billionaire status through the settlement. She is a graduate of Tianjin University. She is one of the youngest female billionaires in the world.

37. Simona Giorgetta

  • Net Worth: $1.3 billion
  • Age: 46 years

Simona Giorgetta, the niece of the late Giorgio Squinzi, holds a significant stake and sits on the board of MAPEI, a Milan-based construction chemical manufacturer founded by Rodolfo Squinzi in 1937. Simona, along with her cousins Marco and Veronica, who serve as co-CEOs, collectively owns the company. They also share ownership of Sassuolo Calcio, an Italian soccer team acquired by Giorgio in 2003. MAPEI’s products, used in projects like the Panama City metro and Coliseum restoration, reflect its global impact. She is one of the youngest richest women in the world.

38. Sofie Kirk Kristiansen

  • Net Worth: $6.8 billion
  • Age: 47 years

Sofie Kirk Kristiansen, the fourth-generation owner of Lego, shares a 75% stake in the company with her father, sister, and brother. While Sofie is not actively involved, her brother Thomas serves as Lego’s deputy chairman. The family, tracing its roots to Ole, a carpenter who started crafting wooden toys in 1932, expanded into plastics in the 1940s. They also hold a 47.5% stake in Merlin Entertainments, a theme park operator, which they took private in partnership with a consortium. She is one of the youngest richest girls.

39. Rahel Blocher

  • Net Worth: $6.3 billion
  • Age: 47 years

Rahel Blocher inherited her wealth from EMS-Chemie, the Swiss chemical giant her family managed for years. In 2004, her father, Christoph Blocher, transferred his shares to his children when he joined the Swiss federal council. While her sisters Magdalena and Miriam, and brother Markus, are billionaires actively involved in EMS-Chemie, Rahel focuses on her father’s investment firm, Robinvest. Additionally, she serves on the board of his Schweizer Musikinsel Rheinau Foundation. She stands out as one of the youngest female billionaires.

40. Nadia Thiele

  • Net Worth: $6.1 billion
  • Age: 47 years

Nadia Thiele inherited her wealth from her late husband, Heinz Hermann Thiele, a billionaire who acquired a significant stake in brake-system firm Knorr-Bremse AG in the 1980s. He served as honorary chairman and took the company public in 2018. Nadia, alongside stepdaughter Julia Thiele-Schuerhoff, is on the Executive Board of Knorr-Bremse Global Care, the company’s charity. Heinz Hermann also owned 50% of Vossloh and 12.4% of Lufthansa when he passed away in February 2021 at 79.

41. Tatyana Bakalchuk

  • Net Worth: $7 billion
  • Age: 48 years

Tatyana Bakalchuk, a former English teacher and mother of seven, established e-commerce giant Wildberries in 2004 at age 28 during her Moscow maternity leave. Husband Vladislav, an IT technician, quickly joined her. Initially reselling clothes from German retailer Otto, the business has since skyrocketed, handling around seven million daily orders. In 2022, Wildberries proudly announced a total of 1.5 billion orders processed. She is one of the youngest female billionaires in the world.

42. Miriam Baumann-Blocher

  • Net Worth: $2.4 billion
  • Age: 48 years

Miriam Baumann-Blocher’s wealth originates from her ownership in Ems-Chemie, the Swiss polymer and chemical manufacturing company founded by her family. In 2004, her father, Christoph Blocher, transferred his shares to Miriam and her siblings when he joined the Swiss federal council. Miriam and her brother Markus later sold most of their shares to sisters Magdalena and Rahel, pursuing independent ventures. In 2007, Miriam acquired Läckerli-Huus, a Swiss confectionery, and still actively manages the business today. She is one of the youngest richest women in the world.

Also Read: 50 Wealthiest People in Canada

43. Wu Lanlan

  • Net Worth: $1.5 billion
  • Age: 49 years

Wu Lanlan serves as the vice chairman of Shenzhen Yuto Packaging, a company that made its debut on the Shenzhen Stock Exchange in 2016. Holding an MBA from Tongji University, Wu has become a distinguished entrepreneur in the manufacturing sector. Her wealth is a clear reflection of her tireless efforts, commitment, and sharp business skills, which have played a pivotal role in establishing her as a prominent figure in the industry. She is one of the youngest richest girls.

44. Lee Seo-hyun

  • Net Worth: $3.5 billion
  • Age: 50 years

Lee Seo-hyun manages the Samsung Welfare Foundation, a charity established by her late father, Lee Kun-hee, ex-chair of Samsung Electronics. She chairs the advisory board at The Leeum, Samsung Museum of Art in Seoul. Stepping down as president of Samsung C&T’s fashion division in December 2018 after a three-year tenure, she initially joined Cheil Industries at Samsung Group as a manager in 2002 after graduating from the Parsons School of Design in New York. She stands out as one of the youngest female billionaires.

45. Jane Lauder

  • Net Worth: $2.7 billion
  • Age: 50 years

Jane Lauder, the granddaughter of cosmetics icon Estée Lauder, holds the roles of Executive Vice President and Chief Data Officer at Estée Lauder. Joining the company in 1996 after graduating from Stanford, she previously managed Clinique and Origins brands. Since 2009, she has been a board member. In 2018, Jane also joined the board of Eventbrite, a ticketing and event technology firm. Estée Lauder, cofounded by her grandmother in 1946, now boasts over 20 brands and $17.7 billion in revenues.

46. Radha Vembu

  • Net Worth: $2.1 billion
  • Age: 50 years

Radha Vembu derives her wealth from her ownership stake in the privately held Zoho Corp, a cloud-based business software provider co-founded by her brother, Sridhar Vembu, in 1996. A graduate of IIT Madras in industrial management, Radha serves as the product manager for Zoho Mail. In 2020, Zoho introduced Zoho Remotely, a toolkit aiding businesses in transitioning to remote work. Notably, the company secured 25 patents over the past three years. She is one of the youngest female billionaires in the world.

47. Ana Lucia de Mattos Barretto Villela

  • Net Worth: $2 billion
  • Age: 50 years

Ana Lucia de Mattos Barretto Villela, Brazil’s youngest female billionaire, hails from a historic banking family. Her great-grandfather established Itau, later merging with Unibanco to create Itau-Unibanco. Holding approximately 12% of Itausa’s common shares and 3% of preferred shares, she is a major individual stakeholder. Additionally, Villela holds shares in Duratex, her grandfather’s venture. Tragically orphaned at 8 due to her parents’ plane crash in 1982, she inherited significant holdings in the bank at a young age. She is one of the youngest richest women in the world.

48. Sabrina Benetton

  • Net Worth: $1.7 billion
  • Age: 50 years

Sabrina Benetton, daughter of the late Gilberto (2018), inherited a share of the family fortune with her sister Barbara. The Benetton siblings – Giuliana, Luciano, Gilberto, and Carlo, founded the iconic clothing retailer in 1965. Giuliana crafted sweaters, Luciano and Gilberto managed sales and finances, while Carlo oversaw product management. The vibrant Benetton sweaters gained popularity in Italy, leading to international expansion in 1969 with a Paris store. Beyond fashion, the family diversified into infrastructure and finance. She is one of the youngest richest girls.

49. Qian Jinghong

  • Net Worth: $1.3 billion
  • Age: 50 years

Qian and her husband, Dong Jinggui, together founded Yadea Group, a prominent provider of electric scooters and bicycles. Both of them hold the positions of co-founders and vice chairpersons within the company. Yadea successfully entered the public market by listing on the Hong Kong Stock Exchange back in 2016. In addition to being business partners, Qian and Dong Jinggui have achieved billionaire status through their involvement with Yadea. She stands out as one of the youngest female billionaires.

50. Julia Thiele-Schuerhoff

  • Net Worth: $2.4 billion
  • Age: 51 years

Julia Thiele-Schuerhoff inherited part of her late father Heinz Hermann Thiele’s wealth, including a share in Knorr-Bremse AG, a vehicle braking systems manufacturer. Heinz Hermann led Knorr-Bremse from the legal department in the late 1960s, becoming chairman in the mid-1980s. He stepped back in 2007, chaired the board, and went public in 2018. Upon his death in February 2021, at 79, he also owned 50% of Vossloh and 12.4% of Lufthansa. Julia is on Knorr-Bremse’s supervisory board and heads the charity Knorr-Bremse Global Care.

Also Read: 50 Wealthiest Women Billionaires in the World

With this, we come to the end of the list of youngest female billionaires. Their journeys, marked by success and financial prosperity, inspire others to dream big.

Source: THE REAL-TIME BILLIONAIRES LIST

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Ibotta vs Fetch: The Right Cashback App for You https://moneymint.com/ibotta-vs-fetch/ https://moneymint.com/ibotta-vs-fetch/#respond Thu, 09 Nov 2023 16:02:16 +0000 https://moneymint.com/?p=40111 Both Ibotta and Fetch are popular cashback apps that offer exclusive perks and user-friendly experience.

The post Ibotta vs Fetch: The Right Cashback App for You appeared first on Moneymint.

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If you want to earn rewards and save money while shopping for groceries, cashback apps are perfect for you. Ibotta and Fetch are two such platforms, each with its unique features and benefits. Both aim to improve your shopping experience, but they have subtle differences that are easy to miss. In this article, we will dive into the comparison of Ibotta Vs Fetch, exploring how they work and what sets them apart. This will help you make informed decisions on which one suits you better.

About Ibotta

Ibotta app
Image by ibotta.com

Ibotta is this cool app and browser extension that helps you save money when you buy groceries and other stuff. It’s like having digital coupons that you can easily use. Plus, it’s free to download and use. They’ve teamed up with over 2,000 brands and stores, so you can get cash back on all kinds of things – not just groceries. You can earn money back on clothes, gadgets, and accessories too. And it’s not just for your regular grocery shopping – you can also get cash back at pharmacies, restaurants, liquor stores, gas stations, and even your favorite online shops like Amazon.

About Fetch

Fetch app
Image by fetch.com

Fetch is a great app that gives you cash back when you share your receipt info. You earn points for each receipt you scan, and you can use these points to get gift cards for places like Amazon and Best Buy. The app is super easy to use with a straightforward layout. You’ll see buttons for the camera and e-receipt right on the main page. If you have a paper receipt, just take a picture with the camera button. You can also link your email to quickly add emailed receipts.

Ibotta vs Fetch: The Right Cashback App for You

If you’re into getting free gift cards for your grocery shopping, Fetch is the way to go! It’s super user-friendly, and you don’t have to bother with buying specific products to earn points. On the other hand, if you’re all about cash rewards and more deals, Ibotta might be your go-to app. Now let’s look at a detailed comparison between Ibotta Vs Fetch:

Parameters Fetch Ibotta
Online vs. offline Online and offline Online and offline
Type of app Mobile app (iOS and Android) Mobile app (iOS and Android) and browser extension
Ease of Use The app is very user-friendly, and you can earn cashback just by submitting the receipt. You need to pick the offers in the app before you can earn cashback by submitting a receipt. It means there’s a bit more effort required on your part.
Redemption options Gift cards PayPal account deposit, bank deposit, and gift cards
Minimum cash out $3 (3,000 points) $20 minimum
Limitations You can upload a certain number of receipts within a week. Ibotta has a limit on how often you can use their offers.
Online Receipts Earn points for your online shopping with Fetch E-Receipts, the latest feature on the platform.

 

Simply connect it to your email and Amazon account, and it will scan your inbox for receipts from your favourite online stores.

With Ibotta, you can make money from your online purchases using two simple methods. First, there’s In-App Shopping. Just shop at your favourite online stores through the Ibotta app and earn cash back.

 

Second, Download Ibotta’s browser extension, and you’ll earn cash back for shopping right from your computer.

Rewards expiration Rewards expire after 90 days of inactivity or immediately if you request to stop participating in Fetch. Rewards don’t expire, but they’re subject to account maintenance fees after six months of inactivity.
Referral Program When you join Fetch, they give you a special code just for you. When your friends use this code, you both get 3,000 points. If you bring in friends to Ibotta or use a friend’s special code when you sign up, you both get a welcome bonus – a total of $20.
Best for… Any type of purchase In-store offers and online shopping
Opportunity for Most Savings Grocery stores, liquor stores, convenience stores, and warehouse clubs Grocery stores, department stores, clothing stores

Also Read: Best Cashback Credit Card in India: Review & Detailed Comparison

How does Ibotta Work?

  • Ibotta is different from Fetch because it gives you cash back on specific grocery items, not just any receipt.
  • You can find cash back offers for individual products at over 2,000 popular stores with Ibotta. Simply add the offers you like to your Ibotta shopping list in the app.
  • Shop for those items in-store or online, then snap a picture of your receipt to earn real cash.
  • Don’t miss out on weekly bonuses from Ibotta to boost your cash back rewards.
  • Take advantage of ‘Free After Offer’ deals on Ibotta to score tons of free stuff. Use these in-app deals to try new products from brands partnered with Ibotta.
  • Once you hit the $20 minimum cash-out threshold, you can transfer your earnings straight to PayPal or your bank card. Alternatively, swap your rewards for gift cards at your favorite retailers.

Cross-Reference: How to Use Ibotta

Is Ibotta Safe?

Ibotta safety
Image by ibotta.com

Ibotta is a safe and secure app to use. Your info is always kept safe with strong protections, both in software and hardware. They use fancy encryption (like a secret code) to make sure your data stays private, and they even send you a text to double-check it’s really you before you can take out your money or use payment stuff.

But, if you’re the kind of person who really cares about keeping stuff private, there’s a catch. Ibotta actually sells your information to other companies to make money. It’s a bit tricky to know exactly what those other companies do with your info and how safe it is once it’s in their hands.

Pros and Cons of Ibotta

Pros Cons
It’s totally free to use. You can shop from over 300 different stores. You have to reach at least $20 before you can get your money.
They give you a cool $20 in welcome bonuses. Refer a friend and get an extra $10 bonus. It’s a bit of a hassle to add offers before you can start shopping.
You earn cash back even when you buy gift cards. Uploading receipts can be annoying.
There are extra bonuses to grab, so you can earn more. The offers are often tied to specific stores or brands.
Ibotta covers all kinds of shopping, like groceries and more. Watching ads is part of the deal.
You can team up with friends using Ibotta Teamwork to reach savings goals and get bonuses. You can only make online purchases through the app.
Whatever cash back you earn shows up in your account within 24 hours. If you don’t cash out for 6 months, they hit you with a $3.99 fee, which feels a bit much considering you need at least $20 to cash out.

How does Fetch Work?

  • You can upload receipts from pretty much any store – groceries, restaurants, fast food joints, clothing shops, even gas stations. If you’re not sure if a receipt will work, just upload it and see.
  • You get around $1 for every 1,000 Fetch points. After your first sign-up points, each new receipt you upload gets you at least 25 points.
  • To get more points fast, check out the brands that give extra points for cashbacks on your receipts.
  • Grab the special offers from brands – they give you the most points on your receipts, but they’re only for a limited time.
  • Once you hit 3,000 points, you can cash them in for gift cards at places like Amazon, Walmart, and Starbucks.

Cross-Reference: How to Earn Points on Fetch

Is Fetch Safe?

Fetch safety
Image by fetch.com

Using Fetch is totally safe – no need for credit cards, just sign up with your phone number, and you’re good to go, earning those free gift cards. They make their money through partners, so you get the service for free.

To keep things secure, Fetch checks your device before you can redeem rewards. Just follow the simple verification instructions on the Rewards tab using the email linked to your account. When your reward is ready to use, Fetch will let you know through the app and send you an email. Just go to the Rewards section in the app, find your reward, and do what it says to activate it. You might need to type in a security code.

Pros and Cons of Fetch

Pros Cons
It’s super easy to use – no need to scan barcodes or unlock offers. They don’t give as many deals as other apps.
Uploading receipts is quick – no waiting around. You don’t get many points for receipts without special offers.
Get e-gift cards fast when you redeem points. You can’t get cash back, only gift cards.
Signing up is totally free. Unlike some other apps, you can’t get your rewards through PayPal.
You can earn either gift cards or real cash. The points you earn don’t convert to much money – 1 point is only worth 0.001 dollars.
Score 25 points for every receipt, no matter how much you spent or what you bought. A lot of people say the app has technical problems.

Similarities between Ibotta and Fetch

Both Fetch and Ibotta provide users with fantastic opportunities to earn rewards on their purchases, making them quite similar in various aspects:

  • Free to Use: You won’t have to spend a dime on either the Fetch or Ibotta apps – they’re completely free. No hidden charges or subscription fees. So, any money you make through these apps goes straight into your pocket, making it a win-win situation.
  • Simple Receipt Submission: Both apps make it easy for you to earn rewards by simply submitting your purchase receipts. Whether it’s snapping a photo or scanning a physical receipt, they’ve got you covered. Plus, they understand the digital age, so you can even use online or electronic receipts. Take your time, as you have at least a week to upload your receipts. This flexibility lets you do it when it’s convenient for you, fitting into your schedule seamlessly.
  • User-Friendly Experience: One great thing about both apps is that they’re completely free to use. You won’t incur any costs, and everything you earn is a delightful bonus. While you do need to invest a bit of time in scanning receipts or exploring offers, the learning curve is gentle. Whether you’re a seasoned cashback app user or a newcomer, both Fetch and Ibotta offer straightforward and user-friendly experiences.
  • Earning Potential: The earning potential with these apps is impressive. Fetch lets you accumulate rewards points from any store receipt, while Ibotta has partnerships with numerous major retailers like Walmart, Costco, CVS, Kroger, Target, and Whole Foods Market. The more you shop, the more your potential to earn rewards grows, putting you in control of your savings.
  • Redemption Options: Flexibility is key when it comes to redeeming rewards, and both apps deliver on this front. Fetch allows you to choose from a variety of free gift cards, catering to your preferences. Ibotta offers options like PayPal deposits, bank deposits, or gift cards, ensuring you can pick the bonus that suits you best.
  • Referral Bonuses: Both Fetch and Ibotta sweeten the deal with referral bonuses, providing an easy way to boost your earnings. Sharing your unique referral code or link from your account can earn you bonuses when someone signs up using it. Your friend, in turn, needs to either redeem an offer on Ibotta or scan and submit their first receipt, leading to bonus cash for both of you.

Does Fetch Pay More Than Ibotta?

Make Money

With Fetch, you can collect points by capturing pictures of receipts from any store. On the other hand, Ibotta has joined forces with big-name stores like Costco, CVS, Kroger, Walmart, Target, and Whole Foods Market to give you cashback. Both apps let you boost your earnings through various opportunities, and they even offer referral bonuses when you get your friends and family to join the fun.

Ibotta has an edge over Fetch because it gives you more ways to earn rewards. When you shop at certain stores with Ibotta and connect your loyalty account, you can automatically get rewards without having to scan receipts. Unfortunately, Fetch doesn’t have this feature. With Fetch, you always have to scan your receipts to earn rewards.

Can You Use the Same Receipt for Ibotta and Fetch?

Luckily, you can upload a single receipt to both Fetch and Ibotta, as well as some other shopping apps. Sometimes, these apps have the same deals for the same stuff. This is a great way to make some extra cash – just upload your receipt to different apps and earn from each of them. To boost your earnings, try using both apps together. Use Ibotta for more ways to earn, and don’t forget to scan all your receipts with Fetch. This way, you can make the most out of both apps.

How to Choose the Best Cashback App for You?

  • Understanding Your Shopping Style: Take a moment to think about what you usually buy. Knowing your habits helps you find cashback apps that align with your favorite purchases. Some apps focus on specific categories like travel or groceries, while others cover a broader range.
  • Comparing App Features: Once you’ve identified your go-to purchases, check out different cashback apps. See if they team up with the places you often shop. Compare the cashback rates – some offer a flat rate, while others give a percentage of your spending. Don’t forget to look into any extra perks, like coupons or referral rewards, to get the most out of your cashback experience.
  • Checking User Reviews: Before making a decision, check user reviews. See what people are saying about the app’s ease of use, reliability, and how quickly they get paid. Pay attention to reviews from people whose shopping habits match yours, as they’ll give you a realistic picture.

How to Maximize Cashback Rewards?

Cashback Rewards

  • Save Your Receipts for Backup: Don’t toss your receipts right away after scanning. Mistakes happen, so it’s smart to keep them until you confirm your rewards. Check Ibotta on Thursdays and make it a routine to ensure everything’s correct. Remember, there’s a deadline for scanning, so don’t delay.
  • Grab Special Deals: Keep an eye on special offers in both apps for higher rewards. Fetch has special items giving up to 10,000 points. Even if you don’t need them now, it’s worth grabbing these offers for immediate rewards and stocking up.
  • Claim Your Welcome Bonus: Both Ibotta and Fetch offer welcome bonuses, but there are conditions. For Ibotta, redeem an offer within 15 days. Ensure you’re a new user on the device to claim the bonus.
  • Hunt for Bonuses: Look for additional bonuses on the apps, offering an extra $1 or $2 for redeeming specific offers.
  • Plan Your Shopping Moves: Strategize your shopping for the best rewards. Ibotta rocks in larger stores, Fetch covers clubs, liquor stores, and independents. Plan ahead and sometimes use both apps for maximum gains.
  • Maximize Individual Purchases: Plan your purchases for higher redemption rewards. Take advantage of bonuses like buying three items for an extra reward. Sometimes buying smaller items can make your purchase practically free.
  • Watch for Repeat Offers: Some offers come back regularly, especially for your favorite items. Keep an eye out for patterns or recurring deals.
  • Stack Your Savings: Stack your rebates for extra savings. Combine “any item” or “any brand” deals with specific brand or item offers. More deals mean more cashback.
  • Pair with In-Store Sales and Coupons: Look for in-store sales and external coupons that match your app offers. Combine sale prices, local paper coupons, and app cashback for even bigger savings.

Also Read: Ibotta Vs Rakuten: Which Cashback App is Right for You?

Whether it’s Ibotta’s wide range of deals or the simplicity of Fetch, both apps help you to save money and earn rewards. Ultimately, the ideal choice depends on individual habits and needs.

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50 Wealthiest People in Canada https://moneymint.com/wealthiest-people-in-canada/ https://moneymint.com/wealthiest-people-in-canada/#respond Thu, 05 Oct 2023 16:31:04 +0000 https://moneymint.com/?p=35658 Learn about Canada's financial elite, their source of wealth and contributions to the nation's socio-economic development.

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In the developed economic landscape of Canada, several individuals have achieved extraordinary success in their respective fields. Their success and capital have propelled them to prominent positions within the nation as well as the world. In this article, we have conjured a list of the wealthiest people in Canada – from business owners to experienced professionals. These individuals represent the diverse sectors that contribute to the country’s economic growth.

List of Wealthiest People in Canada

Canada boasts a diverse array of wealthy individuals, each with a unique story of success and accomplishment. Their stories are a testament to the country’s vibrant business environment and the opportunities it offers for those with vision, determination, and innovation. Below is the complete list of Canada’s richest people.

1. David Thomson and Family

  • Net Worth: $54.4B
  • Age: 66

David Thomson and his family are influential figures in the media and publishing realm, tracing back to the legacy of his grandfather, Roy Thomson. Their primary asset is an extensive ownership of over 320 million shares in Thomson Reuters, a company where Thomson holds the position of chairman. When his father died in 2006, David Thomson took over this post in Thomas Corporation and adopted his father’s title, Baron Thomson of Fleet. He was appointed chairman of Thomson Reuters when the company was acquired by Reuters in 2008. He is currently a media tycoon in Canada.

In 2018, Thomson Reuters made headlines by selling a significant share of Refinitiv, a notable financial data provider, to Blackstone for a whopping $17 billion. Additionally, the Thomson family has notable stakes in Bell Canada, a prominent telecom giant, and are proud owners of the well-known Globe and Mail newspaper based in Toronto. He is one of the wealthiest people in Canada.

2. David Cheriton

  • Net Worth: $11.4B
  • Age: 72

Professor David Cheriton of Stanford University is relatively affluent now because of a $100,000 investment he made in Google while the company was still in its infancy. He teamed up with Andreas von Bechtolsheim to start three successful ventures: Arista Networks, which went public in 2014, Granite Systems, later acquired by Cisco in 1996, and Kealia, which was sold to Sun Microsystems in 2004. Cheriton stepped down from Arista’s board in March 2014 and has gradually been selling off his shares.

Following the acquisition of his company Apstra in 2021, Cheriton took on the role of Chief Data Center Scientist at Juniper Networks. He is an authority on distributed computing and computer networking and knows how to spot significant market opportunities and develop the architectures required to take advantage of them. He has invested in at least 20 businesses and donated around $25 million donation to promote graduate courses and research in computer science. He rightfully earned his place among the richest men in Canada.

3. Changpeng Zhao

  • Net Worth: $10.2B
  • Age: 46

Changpeng Zhao, also known as CZ, is the mastermind behind Binance, the world’s largest cryptocurrency exchange. He has a background in coding and honed his skills by creating high-frequency trading systems for the finance world’s fast-paced players. Zhao took the plunge and established Binance in July 2017, kickstarting the venture with a successful initial coin offering that garnered an impressive $15 million. He is one of Canada’s richest people.

By 2022, Binance had achieved a remarkable feat, facilitating spot trades valued at a staggering $5.3 trillion. This represented a significant majority, over two-thirds, of the total volume handled by centralized crypto exchanges. However, Binance has not been without its fair share of challenges. Regulatory scrutiny and investigations have been a prominent issue, spanning across Europe, Asia, and the United States. Concerns have been raised regarding potential involvement in money laundering and wire fraud. Binance, on the other hand, firmly denies any such allegations and maintains its stance of operating within legal bounds.

4. Anthony von Mandl

  • Net Worth: $10B
  • Age: 73

Anthony von Mandl, the mastermind behind popular ready-to-drink alcoholic beverages like White Claw Hard Seltzer and Mike’s Hard Lemonade, founded these beverages under his company, Mark Anthony Brands. Forbes approximates that his business in the U.S. raked in an impressive revenue of nearly $4 billion in 2022, based on analyst assessments.

Mr. von Mandl initiated his professional journey in the Canadian wine sector as an importer during the 1970s, kicking off his career at a young age of 22. Presently, he holds ownership of five wineries in Canada, including the esteemed Mission Hill Winery situated in the picturesque Okanagan Valley of British Columbia. No wonder he became one of the wealthiest people in Canada.

5. Jim Pattison

  • Net Worth: $9.4B
  • Age: 95

Jim Pattison is at the helm of an expansive conglomerate encompassing 25 diverse divisions, ranging from packaging and food to entertainment. His entrepreneurial journey began in 1961 with the acquisition of a GM dealership, marking the genesis of his business ventures.

As a Canadian billionaire, Pattison holds sway over more than 40% of the publicly traded forest products company Canfor. Within the realm of entertainment, his portfolio boasts renowned entities like Guinness World Records, the Ripley’s Believe It Or Not! chain, and the Canadian franchise rights of Great Wolf Lodge. No wonder he appears in our list of the richest Canadians.

Also Read: Richest Athletes in the World

6. Joseph Tsai

  • Net Worth: $7.6B
  • Age: 59

Joseph Tsai holds the position of vice chairman and is one of the founders of Alibaba Group. He holds the second-largest share in the company among individual shareholders, right after Jack Ma. Back in 2018, he acquired 49% ownership of the Brooklyn Nets, an NBA team, and later completed the purchase of the remaining 51% in the subsequent year. Tsai, originally from Taiwan, holds Canadian citizenship and has two degrees from Yale University—a bachelor’s in economics and East Asian studies, as well as a law degree. He is one of the wealthiest people in Canada.

7. Alain Bouchard

  • Net Worth: $6.8B
  • Age: 74

Alain Bouchard, alongside others, started Alimentation Couche-Tard, a convenience store conglomerate, with a single shop in Quebec back in 1980. Presently serving as the executive chairman, Bouchard continues to guide this mammoth $63 billion company, which owns or franchises over 14,000 stores across the globe. Bouchard is the visionary who rapidly expanded the business by acquiring various competitors. Although he stepped down as president and CEO in September 2014, his influence remains substantial.

Couche-Tard made significant acquisitions over the years, including the Circle K chain in 2003 and later the Holiday Stationstores and CST Brands chains in 2017. Notably, the company attempted a major move by proposing a $20 billion acquisition of the French food retailer Carrefour in early 2021. However, this deal faced opposition from the French government and did not materialize. He rightfully earned his place among the richest men in Canada.

8. Arthur Irving

  • Net Worth: $5.9B
  • Age: 93

Arthur Irving, originally from New Brunswick, holds full ownership of Irving Oil, a company engaged in gas stations and oil refineries. This ownership is facilitated through the Arthur Irving Family Trust, highlighting his deep-rooted connection to the business. The Irving legacy traces back to his grandfather, James Dergavel Irving, who established the family enterprise during the late 1800s.

Following in this lineage, Arthur Irving’s father, Kenneth Colin (K.C) Irving, expanded the family’s business to include oil operations in the 1920s. After K.C. Irving’s passing in 1992, Arthur and his two brothers undertook the task of dividing the family empire. Notably, Arthur’s brother James Irving, also a billionaire, assumed leadership over a diversified conglomerate spanning shipbuilding to forestry.

Another significant member of the Irving family was John Irving, affectionately known as Jack, who led the family’s construction operations and held a stake in Irving Oil. Unfortunately, Jack passed away in 2010. In 2018, a pivotal development occurred when The Arthur Irving Family Trust made a strategic move, acquiring the ownership stake from Jack Irving’s family. This acquisition marked a significant shift, resulting in Arthur Irving and the trust’s assumption of complete control over Irving Oil. He is one of Canada’s richest people.

Cross-Reference: Alain Bouchard Success Story

9. Chip Wilson

  • Net Worth: $5.6B
  • Age: 66

Dennis Chip Wilson founded Lululemon and served as its CEO, starting with a single store in Vancouver back in 2000. He led the company to go public in 2007 but later stepped down as chairman in 2013 and completely exited the business in 2015. Despite not being involved in Lululemon’s day-to-day operations, Wilson remains a major shareholder, holding an 8% stake.

Currently, Wilson, along with his wife and five sons, runs a holding company called Hold It All. This company is involved in investments spanning apparel, real estate, and private equity. In terms of investments, Wilson has stakes in Anta Sports, a Chinese activewear company, as well as Amer Sports, the parent company of renowned brands like Salomon, Arc’teryx, and Wilson. No wonder he became one of the wealthiest people in Canada.

10. James Irving

  • Net Worth: $5.5B
  • Age: 95

James Irving is the owner of J.D. Irving, a diverse conglomerate encompassing more than two dozen businesses ranging from frozen foods and retail to shipbuilding and transportation. One notable facet of the conglomerate is its timber and forestry operations based in New Brunswick, which have seen the planting of over a billion trees since 1957.

The roots of this family empire trace back to the 19th century when James Irving’s grandfather left Scotland to establish a general store and delve into lumber and farming enterprises. Over time, their fortune expanded, notably in the 1920s when James’ father diversified into oil operations. Following his father’s passing in 1992, the assets were divided among the three brothers: James, Arthur, and John.

A crucial division of J.D. Irving, known as Irving Woodlands, stands as the sixth-largest landowner in the United States, boasting an impressive 1.25 million acres of land. James Irving’s sons, Jim and Robert Irving, now serve as co-CEOs, overseeing the extensive J.D. Irving empire, which includes being a major player in Canada’s shipbuilding industry. No wonder he appears in our list of the richest Canadians.

Also Read: Top 10 Richest Women in India

11. Mark Scheinberg

  • Net Worth: $5.2B
  • Age: 49

Mark Scheinberg, alongside his father Isai, co-founded PokerStars and successfully transformed it into the largest online poker company globally, ultimately selling his majority stake in the parent company, Rational Group, in 2014. This strategic move earned Scheinberg a staggering sum exceeding $3 billion. Beginning at the age of 28, he played a pivotal role in launching PokerStars in 2001 and rode the wave of the poker boom that quickly swept across the United States and the rest of the world.

Following the sale, Scheinberg wisely directed some of his gains into luxury hospitality ventures through his real estate investment entity, Mohari. Among his notable real estate ventures are investments in the Ritz-Carlton Yacht Collection, a historic hotel in Madrid, and a lavish resort located in Costa Rica. He is one of the wealthiest people in Canada.

12. Tobi Lutke

  • Net Worth: $4.9B
  • Age: 43

Tobi Lutke, a co-founder and the CEO of Shopify, a Canadian e-commerce company specializing in helping businesses establish and manage online stores. Lutke holds approximately a 6% stake in Shopify, which became a publicly traded company in 2015. In 2021, Shopify boasted sales totaling $4.6 billion and was utilized by around two million businesses, including well-known brands like Kylie Cosmetics, Allbirds, and Rothy’s.

Lutke’s journey began in Germany, where he cultivated his coding skills at a young age, starting at just 12 years old. At 16, he opted to leave formal education to embark on a computer programming apprenticeship. The idea for Shopify emerged when Lutke and a friend encountered challenges while attempting to launch an online snowboard shop—they struggled to find suitable software for their venture. He rightfully earned his place among the richest men in Canada.

13. Carlo Fidani

  • Net Worth: $4.7B
  • Age: 68

Carlo Fidani is the head of Orlando Corp., a prominent real estate firm in the Toronto area, which he assumed control of after his father passed away in 2000. The company holds a stake in construction and development, and also oversees an impressive portfolio of approximately 46 million square feet, encompassing industrial, office, and commercial spaces.

The roots of the enterprise trace back to Carlo’s grandfather, who established the venture as Fidani and Sons in 1948. Following his father’s demise, Carlo stepped into the leadership role. Notably, Fidani was honored with the distinction of being named a Member of the Order of Canada in September 2018, recognizing his noteworthy contributions and dedicated service to the nation. He is one of Canada’s richest people.

14. Daryl Katz

  • Net Worth: $4.3B
  • Age: 62

Daryl Katz made a significant fortune in the pharmacy industry by acquiring the Canadian rights to the U.S. franchise Medicine Shoppe in 1991. He later expanded his reach by acquiring the struggling Canadian drugstore chain Rexall and ventured into the U.S. market. Katz, whose family background was in drugstores, eventually transitioned his focus to real estate and entertainment, selling off all his pharmacy operations.

One notable project he’s been involved in is the development of a massive $2 billion, 25-acre complex in downtown Edmonton. This ambitious project will encompass various amenities, including offices, condos, and retail spaces. Additionally, Katz is the proud owner of the NHL team in his hometown, the Edmonton Oilers. No wonder he became one of the wealthiest people in Canada.

15. Emanuele (Lino) Saputo and Family

  • Net Worth: $4.3B
  • Age: 86

Emanuele Saputo, often referred to as Lino, steered his family’s namesake dairy enterprise from 1969 until his retirement in August 2017. Following his departure, his son Lino Jr. assumed the roles of chairman, president, and CEO, a position he had been serving in since 2004. The dairy company, established by Giuseppe Saputo in 1954 with just $500 and a bicycle for deliveries after immigrating from Sicily to Canada, prospered under the leadership of Lino, expanding its reach and offerings over the subsequent decades.

A significant milestone was the company going public in 1997. Presently, their dairy products are distributed in over 40 countries, showcasing the global success of the business. Moreover, the Saputo family has invested in Major League Soccer’s Montreal Impact, showcasing their diversified interests beyond the dairy industry. No wonder he appears in our list of the richest Canadians.

16. Peter Gilgan

  • Net Worth: $4.3B
  • Age: 72

Peter Gilgan, the founder of Mattamy Homes in 1978, has an impressive track record of constructing over 100,000 houses. Growing up in a middle-class family with six siblings, he started his career as an accountant before transitioning into the world of building.

Motivated by the principles of the New Urbanism movement, Gilgan envisioned suburban homes that departed from the monotony and lack of character often seen in typical developments. This vision led him to establish Mattamy Homes, with the name derived from a combination of his two eldest children’s names, Matt and Amy.

Beginning in 1986, Mattamy Homes embarked on the ambitious journey of designing and constructing planned communities from scratch. Despite the growth and success of the business, with revenues amounting to $3.6 billion, Gilgan continues to hold the positions of chairman and CEO, steering the company forward. He is one of the wealthiest people in Canada.

17. Leonid Boguslavsky

  • Net Worth: $4.1B
  • Age: 72

Leonid Boguslavsky, the founder of RTP Global, initially established as ru-Net in 2000 in Russia, has made a significant mark in the venture capital scene. One of his early and notable investments was in Yandex, a Russian search engine firm, where his exit yielded a remarkable 400-fold return on his initial investment.

Over the years, RTP Global, under Boguslavsky’s guidance, has invested in a total of 90 companies. Impressively, five of these ventures—Yandex, EPAM, Delivery Hero, RingCentral, and Datadog—have blossomed into multibillion-dollar public enterprises.

Boguslavsky’s journey in the tech and business world traces back to the early 1990s when he successfully built one of Russia’s leading IT solutions integrators. He eventually sold this venture to PwC in 1996, where he continued as a senior partner, showcasing his acumen and strategic prowess.

Furthermore, Boguslavsky’s earlier partnership with Boris Berezovsky in the 1980s involved a Russian-Italian joint venture called LogoVAZ, adding another layer to his diverse and impactful career. He rightfully earned his place among the richest men in Canada.

18. Bob Gaglardi

  • Net Worth: $3.6B
  • Age: 82

In 1963, Bob Gaglardi embarked on a remarkable entrepreneurial journey, establishing Northland Properties with just a $5,000 loan. Four years later, he proudly opened the first Sandman Inn hotel in British Columbia, setting the foundation for a successful venture. Over time, Bob’s vision and determination led to the growth of Sandman Inns across Canada, and he didn’t stop there. He ventured into real estate and the restaurant industry, broadening the scope of Northland Properties.

In a significant milestone in 2011, Bob and his son, Tom, made a historic move by acquiring the struggling Dallas Stars NHL team in a transformative $240 million deal. Their journey is a testament to the power of resilience and passion in the world of business and sports. He is one of Canada’s richest people.

Also Read: Top 30 Richest Families in the World

19. Lawrence Stroll

  • Net Worth: $3.6B
  • Age: 64

Lawrence Stroll, alongside his business partner Silas Chou, played a pivotal role in orchestrating the highly successful initial public offering (IPO) of Michael Kors in 2011. This strategic move significantly bolstered Stroll’s financial standing, as he eventually sold off the last of his shares in the American fashion brand in 2014.

In August 2018, Stroll led a consortium of investors in the acquisition of the Formula One racing team, Force India, for a sum of €90 million, additionally assuming €15 million in debt. Subsequently, in early 2020, he spearheaded a substantial investment of $235.6 million (€182 million) into Aston Martin, subsequently taking on the role of executive chairman within the automotive company.

This investment led to a rebranding of Stroll’s Formula One team, Racing Point, which was transformed into the Aston Martin Team, marking a significant milestone as the iconic brand made its return to Formula One after a span of 60 years. Notably, Lawrence Stroll’s 23-year-old son, Lance Stroll, emerged as one of the youngest competitors in Formula One and currently drives for Aston Martin. No wonder he became one of the wealthiest people in Canada.

Cross-Reference: How did $3.6 billion worth of Aston Martin F1 boss Lawrence Stroll build his fortune?

20. Barry Zekelman

  • Net Worth: $3.5B
  • Age: 56

Barry Zekelman took the reins of his family’s steel enterprise at the young age of 19 and transformed it into a prominent steel pipe and tube manufacturing giant in North America. After selling the company to the Carlyle Group in 2006 for a substantial $1.2 billion, Barry stayed actively involved in its operations. In 2011, he and his family orchestrated a successful buyback of the business.

Presently, Barry, along with his brothers Clayton and Alan Zekelman, collectively holds 100% ownership of the thriving firm, now named Zekelman Industries, boasting impressive revenues of $4.2 billion. Notably, Barry made waves in 2018 when he was caught on a secret recording during a Trump donor dinner, passionately discussing steel industry matters with the former President.

A subsidiary of Zekelman Industries, Atlas Tube, played a role in producing steel used for segments of the border wall in Arizona, garnering attention and contributing to the company’s significant ventures. No wonder he appears in our list of the richest Canadians.

21. Garrett Camp

  • Net Worth: $3.5B
  • Age: 45

Garrett Camp, along with Travis Kalanick, co-founded the ride-hailing startup Uber in 2009. Through the Uber mobile app, users can request a ride, and the app connects them with a driver-contractor for pick-up, with Uber taking a portion of the fare as their commission. Garrett Camp holds approximately 4% ownership in Uber. The company went public and listed its shares on the New York Stock Exchange on May 10, 2019. Prior to Uber, Garrett Camp created the web discovery tool StumbleUpon, which he sold to eBay in 2007 for a notable $75 million. He is one of the wealthiest people in Canada.

22. Stephen Smith

  • Net Worth: $3.3B
  • Age: 72

Stephen Smith is the visionary behind First National Financial, a Canadian mortgage lending institution. He embarked on this journey in 1988, a mere four years after facing personal bankruptcy. Remarkably, he steered the company to go public in 2006. Notably, Smith holds a significant share in Canada Guaranty Mortgage Insurance Company, owning about half of the company. Additionally, he has a stake in the publicly traded Canadian bank EQB.

In a display of philanthropy, Smith made a generous contribution of $50 million to Queen’s University in 2015. As a result, the university’s business school proudly bears his name, a testament to his commitment to education and giving back to the community. He rightfully earned his place among the richest men in Canada.

23. Jacques D’Amours

  • Net Worth: $3.3B
  • Age: 66

Jacques D’Amours was a key figure in establishing the Canadian convenience store giant, Alimentation Couche-Tard, back in 1980. After his retirement as the Vice President of Administration in 2014, he still holds a significant role as a board member and is the company’s second-largest shareholder.

Couche-Tard has experienced immense growth by strategically acquiring competitors, such as Minnesota-based Holiday Stationstores, for a substantial sum of $1.6 billion in December 2017. Today, the company proudly achieves remarkable annual sales of $63 billion and operates an extensive network of over 14,000 owned or franchised stores worldwide. He is one of Canada’s richest people.

24. Mark Leonard and Family

  • Net Worth: $3.2B
  • Age: 67

Mark Leonard, the founder of Constellation Software, has been at the helm as chairman since its inception in 1995. This Canadian tech company, commonly known as CSI, specializes in acquiring, managing, and developing software businesses. Leonard, along with his family members, holds a substantial 7% ownership stake in the company, which is publicly listed on the Toronto Stock Exchange.

He embarked on his entrepreneurial journey after completing his MBA at the University of Western Ontario, initially gaining valuable experience in venture capital over an impressive 11-year span. No wonder he became one of the wealthiest people in Canada.

25. Ryan Cohen

  • Net Worth: $3.1B
  • Age: 38

Ryan Cohen, the former CEO and co-founder of Chewy, an online pet supplies store established in 2011, successfully expanded the business to achieve an impressive $3.5 billion in annual revenues. He eventually stepped down from his role in 2018, following the sale of Chewy to PetSmart for a notable $3.4 billion in 2017.

In a strategic move at the close of 2020, Cohen made headlines by investing approximately $76 million to acquire a 13% stake in GameStop. His investment was accompanied by a call for management to restructure the struggling brick-and-mortar company. This move showcased his keen interest in reshaping the direction of GameStop.

Ryan Cohen further solidified his involvement in GameStop by joining the company’s board in January 2021. This decision proved immensely lucrative for him, as Reddit traders orchestrated a significant surge in GameStop’s stock price during the same month. As a result, Cohen’s fortune experienced a remarkable upturn.

Born to a teacher and a glassware importer, Cohen displayed entrepreneurial spirit from a young age. At just 15 years old, he embarked on his entrepreneurial journey by starting his first business, which involved earning fees through referrals to e-commerce websites. No wonder he appears in our list of the richest Canadians.

26. Jean Coutu and Family

  • Net Worth: $3B
  • Age: 96

The man known as the billionaire in the iconic white lab coat is Jean Coutu, the brains behind the renowned Canadian drugstore chain that carries his name. Back in 2017, Coutu made a significant business move, agreeing to sell his publicly traded company to the European supermarket giant Metro for a whopping $4.5 billion, a deal comprising both cash and stock.

Growing up as the son of a pediatrician, Coutu developed a deep-rooted understanding of healthcare and decided to venture into the pharmacy business. In 1969, he took the leap and opened his very first pharmacy. His approach was simple yet effective: offering customers competitive prices, excellent service, and extended operating hours.

Coutu wore different hats within his company over the years. He held the position of chief executive during two significant periods, initially until 2002 and later from 2005 to 2007. Under his guidance, The Jean Coutu Group expanded its footprint by acquiring numerous competitors, solidifying its position in the industry. Interestingly, The Jean Coutu Group was once a major shareholder in the U.S. drug store operator Rite Aid. However, by 2013, they had divested their entire stake in the company, marking a strategic shift in their investment portfolio. He is one of the wealthiest people in Canada.

Also Read: Top 20 Richest Country Singers in the World

27. Serge Godin

  • Net Worth: $2.7B
  • Age: 73

Serge Godin, the founder of CGI Group, a prominent Canadian tech firm, took the initiative at a young age. Raised in a large family of nine siblings, he began working alongside his father in their family’s sawmill when he was just 12 years old, despite his father’s limited education.

Driven by a passion for technology, Godin pursued a course in computer science and later obtained an MBA from Université Laval in Quebec. He then ventured into the consulting world, honing his skills and knowledge. In a bold move, he used his $5,000 in savings to kickstart CGI, a decision that marked the beginning of an incredible journey.

Over the years, Godin’s dedication and strategic vision have propelled CGI to remarkable heights. Initially serving as the President and CEO until 2006, he now holds the position of chairman for the company, which boasts an impressive $13 billion in revenue. Notably, he orchestrated over 70 acquisitions, with the 1998 acquisition of Bell Sygma significantly amplifying the company’s size and influence at the time. He rightfully earned his place among the richest men in Canada.

28. Bruce Flatt

  • Net Worth: $2.7B
  • Age: 58

Bruce Flatt might not be a household name, but in the world of investing, he’s a big player. He’s at the helm of Brookfield Asset Management, a colossal $800 billion alternative investment firm that deals in real estate, infrastructure, and private equity.

Originally from Winnipeg, Bruce began his career at an accounting firm after college. He later took a job at the struggling Canadian conglomerate Brascan. Through shrewd real estate deals, he played a pivotal role in turning Brascan around after it teetered on the edge of collapse. In 2002, he assumed the position of CEO and transformed Brascan into the now prominent Brookfield Asset Management.

Bruce Flatt’s success story is marked by astute business moves, including significant acquisitions like Olympia & York in 1996 and London’s Canary Wharf in 2015. He also orchestrated a successful recapitalization of General Growth Properties in 2010, solidifying his reputation as a savvy investor. He is one of Canada’s richest people.

Cross-Reference: Brookfield Billionaire Flatt Reveals Secret Behind 3,700% Return

29. N. Murray Edwards

  • Net Worth: $2.6B
  • Age: 63

N. Murray Edwards amassed a significant portion of his wealth through investments in Canadian oil and mining companies. His major holdings include Canadian Natural Resources, a company involved in oil sands mining, Magellan, an aerospace firm, and a partial ownership of the NHL’s Calgary Flames. No wonder he became one of the wealthiest people in Canada.

Originally a lawyer, Edwards transitioned into the business world at the age of 28, driven by a promise to a terminally ill friend to follow his passions. His foray into business began with the establishment of a merchant bank in the late 1980s. However, a significant setback occurred when they invested a considerable portion of their initial capital in drilling a natural gas well, only to find it barren. Undeterred, Edwards pivoted his approach, moving away from exploration and focusing on investing in existing oil and gas assets to diversify his portfolio.

30. Charles Bronfman

  • Net Worth: $2.5B
  • Age: 92

In the year 2000, Charles Bronfman and his nephew Edgar Bronfman Jr. made a significant decision to sell their family’s massive spirits and alcohol company, Seagram, to Vivendi for a whopping $30 billion. This move marked a major transition for the Bronfman family. Their father, Samuel Bronfman, had emigrated from Russia to Canada and started a modest distillery in 1924. Over time, he managed to acquire Seagram, a competitor in the industry, setting the stage for the family’s eventual prominence in the business.

Following the sale of Seagram, Charles, who had once served as co-chair of the company, shifted his focus towards philanthropy. He authored two books on the subject and committed to The Giving Pledge, a promise to donate a substantial portion of his wealth to charitable causes.

Charles Bronfman directed much of his philanthropic efforts, totaling at least $350 million, toward promoting Canadian culture and fostering stronger connections between the Jewish community and Israel. As for the Bronfman legacy, Charles’s son, Stephen, has taken the helm of Claridge, the private investment firm based in Montreal that Charles himself founded back in 1987. No wonder he appears in our list of the richest Canadians.

31. Mitchell Goldhar

  • Net Worth: $2.3B
  • Age: 62

In the early 1990s, Mitchell Goldhar established SmartCentres, a real estate firm that saw significant growth over the next two decades with the development of more than 265 shopping centers. Then, in May 2015, he made a substantial move by selling most of SmartCentres’ assets to SmartREIT (formerly known as Calloway REIT) for a substantial sum of approximately $880 million, comprising shares, cash, and assumed debt.

Goldhar, now the chairman of SmartREIT, continues to be a prominent figure in the real estate landscape, also having significant holdings across Canada through his private enterprise, Penguin Investments. One notable joint venture is a stake in the expansive Vaughan Metropolitan Centre, a meticulously planned 100-acre development situated north of Toronto, in collaboration with SmartREIT.

Beyond his real estate ventures, Goldhar has diversified interests. He holds ownership of the Israeli soccer team, Maccabi Tel Aviv FC, a team that achieved victory in the Israeli club league in 2019. Personally, he enjoys staying active by engaging in various sports such as squash, tennis, and hockey. He is one of the wealthiest people in Canada.

32. Alex Shevchenko

  • Net Worth: $2.2B
  • Age: 43

Alex Shevchenko, along with fellow Ukrainian entrepreneurs Max Lytvyn and Dmytro Lider, co-founded the widely used grammar checking tool, Grammarly, back in 2009. Before this venture, they collaborated on a previous startup called My Dropbox, focusing on plagiarism detection.

Originally conceived to aid students with their writing by improving grammar and spelling, Grammarly has evolved to serve a vast user base, boasting over 30 million daily users. In a significant milestone, the company secured a substantial investment of $200 million at a valuation of $13 billion in November 2021, with support from notable investors such as Baillie Gifford and BlackRock. He rightfully earned his place among the richest men in Canada.

33. Max Lytvyn

  • Net Worth: $2.2B
  • Age: 43

Max Lytvyn, along with Alex Shevchenko and Dmytro Lider, co-founded the widely used grammar checking tool Grammarly back in 2009. Presently, Max holds the position of head of revenue at the company. Before Grammarly, this trio of Ukrainian-born entrepreneurs collaborated on a previous venture called My Dropbox, which focused on a plagiarism detection service.

Their inspiration for launching Grammarly stemmed from a desire to create a subscription-based product that would assist students in improving their grammar and spelling. Over time, the company evolved its model to freemium. Nowadays, Grammarly has a massive user base, claiming to reach over 30 million individuals daily. It’s noteworthy that esteemed organizations like Zoom, Cisco, and Dell count among their prominent clients.

In a significant financial move, Grammarly secured a substantial investment of $200 million in November 2021, valuing the company at an impressive $13 billion. Investors such as Baillie Gifford and BlackRock were part of this funding round. He is one of Canada’s richest people.

34. Clayton Zekelman

  • Net Worth: $2.2B
  • Age: 54

Clayton Zekelman, along with his billionaire brothers Barry and Alan Zekelman, collectively owns a significant share in their family’s steel enterprise, Zekelman Industries. This company, boasting revenues of $4.2 billion, stands as a major player in the North American steel pipe and tube manufacturing sector. Notably, Zekelman Industries was sold to the Carlyle Group in 2006 for approximately $1.2 billion, but the Zekelman brothers successfully reacquired the business in 2011.

A subsidiary of Zekelman Industries, Atlas Tube, played a role in supplying steel for segments of the border wall in Arizona, underscoring the company’s involvement in major infrastructure projects. Additionally, Clayton Zekelman has diversified his investments, being the owner of two telecommunications companies based in Ontario. No wonder he became one of the wealthiest people in Canada.

Also Read: Top 20 Richest Game Show Hosts

35. Chulong Huang

  • Net Worth: $2.1B
  • Age: 64

Huang Chulong is the head of Galaxy Group, a private enterprise situated in the bustling city of Shenzhen in southern China. The company’s diverse ventures include hotels, shopping centers, office rentals, parking lot management, and real estate development.

Galaxy Group has crafted a self-improving system, placing industry at the forefront, finance as the catalyst, real estate as the core, business as the support, and property management as a complementary element. This integrated approach enables active involvement in the urbanization process, engaging in land operations, commercial endeavors, industrial initiatives, and capital ventures. No wonder he appears in our list of the richest Canadians.

36. Larry Tanenbaum

  • Net Worth: $2B
  • Age: 78

Larry Tanenbaum serves as the chairman of Maple Leaf Sports & Entertainment, a notable conglomerate owning multiple sports franchises like the Toronto Raptors in the NBA, the Toronto Maple Leafs in the NHL, and Toronto FC in MLS. Back in 1968, he completed his studies at Cornell University, obtaining a degree in Economics.

In the business realm, Tanenbaum heads Kilmer Van Nostrand, a company with diverse interests spanning infrastructure, electronics, publishing, food processing, gaming, and more. This enterprise has been under the ownership of the Tanenbaum family since the 1950s. He is one of the wealthiest people in Canada.

37. Bill Malhotra

  • Net Worth: $1.9B
  • Age: 74

Bill Malhotra, a notable figure in Ottawa’s real estate scene, holds the prestigious positions of founder and CEO at Claridge Homes, a prominent real estate development company. Established in 1986, Claridge Homes, under Malhotra’s guidance, has successfully constructed over 14,000 diverse properties ranging from condominiums and houses to retirement homes.

Hailing from India, Bill Malhotra pursued civil engineering during his college years. At the age of 22, he made the life-changing decision to relocate to Canada in 1971. Initially, he worked at an engineering firm, setting the stage for his impressive career trajectory.

In the years spanning from 1977 to 1986, Malhotra served as the chief structural engineer for the city of Ottawa, contributing significantly to the city’s development during that period. Following this, he embarked on a new chapter by establishing Claridge Homes, a venture that has since become synonymous with quality and innovation in real estate. He rightfully earned his place among the richest men in Canada.

Cross-Reference: Meet Canada’s richest Indian, know his net worth, business details

38. Robert G. Miller

  • Net Worth: $1.8B
  • Age: 78

Robert Miller, a Canadian entrepreneur, played a pivotal role in the establishment of Future Electronics in 1968, a company specializing in electronics distribution. In 1976, he took a significant step by purchasing his business partner’s stake for $500,000, solidifying his position within the company. Over the years, this Quebec-based company has grown into one of the world’s major players in electronics distribution, boasting an impressive $5 billion in revenues generated from operations spread across 44 countries.

Their product range encompasses adapter boards for LED screens, microcontrollers, and LED lighting, reflecting their diverse offerings in the electronics realm. However, in February 2023, Robert Miller made the decision to step down from his position as CEO amidst allegations involving payments to underage girls for sexual activities. Miller staunchly denied these allegations, which marked a significant and controversial chapter in his tenure with the company. He is one of Canada’s richest people.

39. Alan Zekelman

  • Net Worth: $1.8B
  • Age: 61

Alan Zekelman, alongside his billionaire brothers Barry Zekelman and Clayton Zekelman, holds a significant stake in their family’s steel enterprise, Zekelman Industries. The company, boasting impressive revenues of $4.2 billion, stands as one of the foremost steel pipe and tube manufacturers in North America. In a strategic move, they collectively owned 100% of Zekelman Industries.

A notable chapter in their business history saw them selling the company to the Carlyle Group in 2006 for a substantial sum of approximately $1.2 billion. However, their entrepreneurial spirit and dedication to their enterprise led them to repurchase the business in 2011, marking a pivotal return to their roots.

Within the Zekelman Industries umbrella, Atlas Tube, a subsidiary, played a role in providing steel for segments of the Mexican border wall in Arizona, adding a unique dimension to the company’s portfolio. No wonder he became one of the wealthiest people in Canada.

40. Zhang Ning

  • Net Worth: $1.8B
  • Age: 49

Zhang Ning is at the helm of Red Avenue New Materials Group, a chemicals supplier listed on the Shanghai stock exchange. Back in May 2020, the company made headlines by revealing their plans to manufacture a compostable polyester in collaboration with the German company BASF. Zhang Ning, who resides in Shanghai, holds Canadian citizenship and has achieved a doctorate in global financial business management from Arizona State University. No wonder he appears in our list of the richest Canadians.

41. Richard Fortin

  • Net Worth: $1.8B
  • Age: 75

Richard Fortin, a key figure in Alimentation Couche-Tard, holds the role of a co-founder and board member within the Canadian convenience store giant known for its Circle K chain. With an impressive annual revenue of $63 billion generated from over 14,000 stores, Couche-Tard stands as a significant player in the market.

Beyond his business endeavors, Fortin enjoys pursuits such as golf and fishing. Notably, he also has investments in the National Bank of Canada and Transcontinental, a Canadian company engaged in packaging and publishing. Additionally, Fortin, along with Lise Fortin, is actively involved in philanthropy through the Fondation Lise et Richard Fortin, supporting causes aimed at aiding the elderly and providing services for children who are survivors of sexual assault.

It’s worth mentioning that Alimentation Couche-Tard has seen remarkable success, elevating not only Fortin but three other co-founders—former CEO Alain Bouchard, Jacques D’Amours, and Réal Plourde—into the billionaire status due to the chain’s impressive growth and operations. He is one of the wealthiest people in Canada.

42. Pierre Karl Péladeau

  • Net Worth: $1.7B
  • Age: 61

Pierre Karl Péladeau, the son of Quebecor’s founder, holds the largest individual stake in the media company, notably overseeing Le Journal de Montréal. He has held the position of CEO for about two decades, taking a brief hiatus from 2014 to 2017. During his tenure, he played a crucial role in expanding the company’s reach into various sectors, including telecom, sports, and entertainment.

In 2015, Péladeau assumed leadership of the separatist Parti Québécois and led the party for almost a year before stepping down in May 2016. Upon his return as CEO in February 2017, Quebecor experienced remarkable growth, with shares surging by an impressive 70% during his temporary departure for politics. He rightfully earned his place among the richest men in Canada.

Adding a layer of complexity, Péladeau faced a legal challenge from his sister Anne-Marie regarding a two-decade-old agreement involving the buyback of her shares. This ultimately led to a court judgment in 2020, awarding Anne-Marie a significant sum of $36 million.

Also Read: The Top 10 Richest Women in the World

43. Hal Jackman

  • Net Worth: $1.7B
  • Age: 91

Hal Jackman and his family hold the major shares in E-L Financial Corporation, a company based in Toronto that focuses on investments and insurance holdings. Hal’s father, Harry Jackman, who was a former member of Parliament, established a significant financial services empire. Hal played a crucial role in expanding this empire during his many years at the helm.

Presently, his son, Duncan, is at the helm as the CEO, president, and chairman of E-L Financial. Hal also followed in his father’s footsteps by venturing into politics, where he served as the 25th lieutenant governor of Ontario from 1991 to 1997. He is one of Canada’s richest people.

44. Jay Hennick

  • Net Worth: $1.7B
  • Age: 66

Jay Hennick, the CEO and major stakeholder of Colliers International, a real estate investment firm based in Toronto, began his entrepreneurial journey back in 1972 as a young teenager. At that time, he started a modest company focused on managing commercial swimming pools, starting with a $1,000 loan from his father. Fast forward to 1989, and Hennick transformed this venture into FirstService, a real estate services company. Taking it public on the Toronto Stock Exchange in 1993 marked a significant milestone.

In 2010, he orchestrated the merger of FirstService with Colliers, blending their strengths. Notably, five years later, Hennick guided the spin-off of Colliers as an independent publicly traded company on the NASDAQ. Beyond his roles in the real estate sector, Hennick’s family investment firm, Hennick & Co., holds interests in Foster & Partner Architects and Canada’s Haventree Bank. No wonder he became one of the wealthiest people in Canada.

45. Pan Dong

  • Net Worth: $1.6B
  • Age: 58

Pan is at the helm of the Blue Moon Group, a company that specializes in liquid detergent and soap. She is not only the leader but also the wife of Luo Qiuping, the founder and CEO of Blue Moon. Pan initially served as a technical consultant before officially taking on the role of Chief Technology Officer in 2003. Blue Moon, the brainchild of Luo Qiuping, was established in the southern Chinese city of Guangzhou in 1994. No wonder he appears in our list of the richest Canadians.

46. Jack Cockwell

  • Net Worth: $1.6B
  • Age: 82

Jack Cockwell, originally from South Africa and a skilled accountant, gained renown as a prominent dealmaker in Canada. During the 1970s to the early 1990s, he was instrumental in developing the Edper conglomerate for the Bronfman family, strategically acquiring substantial stakes in real estate, forestry, and mining. Over time, Edper evolved into the colossal Brookfield Asset Management, one of the globe’s largest financial management firms.

In 2002, Cockwell entrusted the leadership to fellow billionaire Bruce Flatt, transitioning the reins of the organization. His affluence primarily stems from a significant ownership in Brookfield shares, much of which is held in partnership with other esteemed board members and management. Aside from his financial ventures, Cockwell is actively engaged in the academic and cultural spheres. He holds a position on the board of governors at Ryerson University and serves as a governor for the Royal Ontario Museum. He is one of the wealthiest people in Canada.

47. Terence (Terry) Matthews

  • Net Worth: $1.6B
  • Age: 80

Terence Matthews, also known as Terry Matthews, holds citizenship in both the United Kingdom and Canada. He amassed his wealth through successful ventures in the telecommunications sector, notably with Mitel and Newbridge Networks.

In December 2018, he stepped down from his position as Chairman at Mitel, a company he co-established with Michael Cowpland, following its acquisition for a substantial $2 billion. Matthews’ journey in the industry began in 1986 when he founded the data networking enterprise Newbridge Networks. Later, he orchestrated its sale to Alcatel in the year 2000, a transaction that amounted to an impressive $7.1 billion.

Matthews takes pride in his involvement with over 100 companies, many of which he either initiated or generously funded through his investment firm, Wesley Clover, based in Ottawa. While residing in Canada, he has diversified his investments and real estate holdings, including a notable U.K. property portfolio that features the prestigious Celtic Manor Resort, an establishment that notably hosted the 2010 Ryder Cup and the 2014 NATO Summit. He rightfully earned his place among the richest men in Canada.

48. Stephen Jarislowsky

  • Net Worth: $1.4B
  • Age: 98

Stephen Jarislowsky amassed a significant portion of his wealth as the leader of Jarislowsky Fraser, the investment management firm he established in 1955. While he relinquished the CEO position in 2012, he maintains the role of chairman emeritus and president of the Jarislowsky Foundation within the company.

In April 2018, the Canadian bank Scotiabank acquired Jarislowsky Fraser for approximately $750 million through a mix of stock and cash. Beyond his business ventures, he is an avid art collector, predominantly focusing on Canadian art but also incorporating Chinese jade and French impressionism into his sizable art collection. He is one of Canada’s richest people.

49. Brandt Louie

  • Net Worth: $1.4B
  • Age: 80

Brandt Louie is at the helm of H.Y. Louie, a grocery retail giant, and oversees the operations of London Drugs, a prominent drug store chain. Headquartered in Vancouver, his holding company, H.Y. Louie, ranks as the third-largest private firm in British Columbia, boasting an impressive estimated revenue of $4.2 billion.

The Louie family’s journey in business traces back to Brandt’s grandfather, Hok Yat Louie, who made the significant move to Vancouver from China in 1896. Starting as a farm laborer, Hok Yat persevered and saved diligently, eventually establishing a modest general store in the heart of the city’s Chinatown in 1903. Brandt Louie followed in his family’s entrepreneurial footsteps, stepping into the family business in 1972 and assuming the role of president in 1987. No wonder he became one of the wealthiest people in Canada.

Cross-Reference: Brandt Channing Louie Success Story

50. Guo Zhenyu and Family

  • Net Worth: $1.4B
  • Age: 59

Guo Zhenyu is at the helm of Yunnan Botanee, a skincare products supplier based in China. He completed his bachelor’s and master’s degrees at Yunnan University before earning his doctoral degree from the University of Western Ontario. In his early professional years, Guo Zhenyu shared his knowledge as a teacher at the University of Montreal and George Washington University.

Also Read: Richest Cricketers in the World

With this, we come to the end of the list of the richest Canadians. Their financial prosperity highlights the nation’s economic success, influencing both domestic and global markets.

Source: Canada’s richest people

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All About Digital Gold Investment https://moneymint.com/all-about-digital-gold-investment/ https://moneymint.com/all-about-digital-gold-investment/#respond Mon, 11 Sep 2023 16:11:02 +0000 https://moneymint.com/?p=23364 Gold is revolutionizing the way you invest and secure your wealth in the world of digitalization.

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Amidst evolving financial developments and growing digitalization, investing in precious metals like gold has become profitable. This innovative approach provides investors with a secure and efficient way to use gold as a store of value and earn great returns. In this article, we will explore the key factors, benefits, and potential of digital gold investment, that make it a great choice in current market conditions.

All About Digital Gold Investment

Diversifying your investment portfolio can be effectively achieved by considering the option of investing in digital commodities. Digital gold investment, for instance, allows for a convenient and flexible approach. It enables individuals to make gradual investments in the precious metal over a specific period, all through digital channels, offering accessibility and flexibility from anywhere, at any time.

Digital gold investment represents a financial asset that closely parallels physical gold. It shares many characteristics with physical gold but exists in a digital format. In contrast to tangible gold, digital gold is securely stored in an online vault. Crucially, it is underpinned by the highest quality, pure gold.

When you acquire digital gold, the seller reserves an equal weight of physical gold in a protected vault. The minimum investment amount for digital gold is just Re. 1, and it is exclusively available through MMTC-PAMP, SafeGold, Augmont Gold, or their authorized agents and brokers.

Best Apps for Digital Gold Investment

Every digital platform offering digital gold investment has established partnerships with specific companies. These partnerships enable users to purchase, sell, or convert digital gold into physical gold. To begin investing in digital gold through these platforms, you are required to complete the KYC (know your customer) process. After your identity is verified by the platform, you can commence your digital gold investment journey. Let’s explore the platforms worth considering if you’re contemplating digital gold investment!

1. Paytm

Paytm gold
Image by paytm.com

Paytm, a prominent payment application, is the trusted choice of more than 30 crore Indians. This versatile app offers a wide array of services, including money transfers, bill payments, and the ability to check your credit scores. Additionally, it provides an avenue for investment in various financial instruments such as mutual funds, the National Pension Scheme (NPS), and 24K 99.9% pure digital gold.

In a strategic partnership with MMTC-PAMP, Paytm enables users to purchase digital gold through its platform. When you invest in digital gold, it is securely stored in MMTC-PAMP’s protected vaults. Monitoring the value of your gold portfolio on Paytm is a hassle-free task, and you have the flexibility to sell, gift, or request physical delivery of your gold holdings whenever you choose. Furthermore, Paytm offers the convenience of establishing a gold savings plan, allowing you to accumulate gold at regular intervals.

2. PhonePe

PhonePe gold
Image by phonepe.com

PhonePe is a versatile payment application that facilitates a wide range of financial transactions. It empowers users to conduct transfers, pay bills, and even purchase insurance. Moreover, it provides an avenue for individuals to invest in mutual funds and invest in digital gold. In this endeavor, PhonePe has established strategic partnerships with MMTC-PAMP and SafeGold, ensuring customers have access to 24K gold of exceptional purity, rated at 99.9%.

The process of buying, selling, and converting digital gold through PhonePe is remarkably swift and can be accomplished directly through your mobile device. Additionally, the app extends the convenience of secure bank-grade lockers for safeguarding your precious gold holdings. When you decide to liquidate your digital gold, you can obtain your funds instantly, albeit subject to a nominal delivery fee if you opt for physical delivery in the form of coins and bars.

3. Zerodha

Zerodha gold
Image by coin.zerodha.com

Investing in Sovereign Gold bonds through Zerodha is a convenient and straightforward process. These bonds, issued by the Government of India, offer a fixed annual interest rate of 2.50%. Investors can enjoy bi-annual interest payouts, with the final interest payment being made upon maturity, along with the principal amount.

Zerodha’s Gold ETFs are particularly attractive due to the fact that they hold gold assets in the form of 99.5% pure Gold Bullion, minimizing concerns about the purity of the investment. Opting for Zerodha’s ETFs over physical gold has several advantages. It eliminates the risk of receiving a lower price due to impurities and reduces transaction costs. Furthermore, investors can invest in digital gold and ETFs in Zerodha at any time during the trading session, even in quantities as small as 1 gram.

4. Groww

Groww gold
Image by groww.in

Groww is a user-friendly app for direct mutual fund and stock investments. It offers a seamless way to invest in various financial assets without the hassle of paperwork, all in just a matter of minutes. In order to provide its users with access to gold, Groww has established a partnership with Augmont Gold. When you engage in transactions for purchasing or selling digital gold, these actions are directly facilitated through Augmont Gold.

To initiate your digital gold investments, you need to create an account on the Groww platform. It’s worth noting that there are no account opening fees involved, and Groww enables you to purchase gold in smaller denominations, making the process of investing in gold not only easy but also convenient and budget friendly.

Also Read: Groww US Stocks Review

5. Google Pay

Google Pay
Image by pay.google.com

Google Pay has joined forces with MMTC-PAMP to facilitate the purchase and invest in digital gold through its platform. Users can seamlessly buy, sell, and trade digital gold on Google Pay, with the option to invest in 24K gold of exceptional purity, rated at 99.9%. Following the acquisition of digital gold, it gets securely stored in your designated Gold Locker on Google Pay.

For those desiring to convert their digital gold into physical gold, a nominal delivery fee applies, and the gold coins will be dispatched to your doorstep. An appealing feature of the app is the ability to gift gold to friends and also earn gold as a reward. Rest assured, investing in digital gold via Google Pay is exceptionally secure, as all transactions are conducted using your UPI PIN codes for added peace of mind.

6. Jar

Jar website
Image by myjar.app

Jar, a daily savings application, is designed to instill a savings habit by effortlessly helping you save money. Its primary objective is to encourage regular investments. The app automatically channels your spare change from transactions into digital gold. What’s remarkable is that it allows you to start with a minimum investment of just Re. 1, and you can redeem this amount into your e-wallet at your convenience.

Moreover, Jar adds an element of fun to the investment process. It prompts users to play a spin the wheel game with each transaction, directing the resulting cashback into digital gold investment. The app also provides real-time updates on the value of your portfolio. This means that every time you spend, you not only save a portion of your money but also invest it in gold, ultimately contributing to your wealth creation.

The flexibility of Jar is another notable feature. You have the freedom to buy and sell the gold whenever you choose. Additionally, once you’ve accumulated a sufficient amount, you can even exchange it for physical gold coins or bars.

7. Sharekhan

Sharekhan gold
Image by sharekhan.com

Sharekhan offers a seamless and entirely digital method for purchasing Sovereign Gold Bonds (SGBs), allowing you to hold these bonds in Demat form. Moreover, there’s an added benefit – when you invest in SGBs through online payments and complete your application digitally, you receive a discount of Rs. 50 per gram.

Opting for SGBs as a digital gold investment not only eliminates the risk of theft and storage expenses but also spares you from making charges and concerns regarding gold purity. Investing in Sovereign Gold Bonds not only assures the safety of your investment but also guarantees a fixed interest rate of 2.5% per annum.

8. Tanishq

Tanishq gold
Image by tanishq.co.in

Tanishq, a Tata Group brand and one of the leading jewelry giants, has expanded its offerings to include digital gold investment in partnership with SafeGold. Through the Tanishq app and website, customers can now conveniently purchase digital gold with a purity of 24K for as little as Rs. 100.

What sets this service apart is the flexibility it offers. Customers have the freedom to sell their digital gold at any time or opt to exchange it at any of Tanishq’s 350+ stores located across India. Furthermore, unlike some other platforms, the Tanishq app imposes no additional fees for services such as locker usage or transaction processing.

With its strong association with the esteemed Tata Group, Tanishq stands as a trusted and reliable platform for acquiring gold in both physical and digital formats, assuring customers of the highest level of credibility and security.

9. Amazon Pay

Amazon, a widely used online shopping platform, offers a unique feature that allows users to invest in digital gold through Amazon Pay. This service is made possible through a partnership with SafeGold and can be accessed within the Amazon app. To buy digital gold, simply search for Digital Gold within the Amazon app or visit the Amazon Pay section.

The gold you acquire is securely stored in highly protected vaults, and you have the convenience of checking its value through the app at your discretion. The investment threshold for this offering is as low as Rs. 5, with the option to purchase up to a maximum of 30 grams of gold. Should you decide to sell your digital gold, you can do so any time after a 24-hour holding period, and the proceeds will be instantly credited to your account.

10. HDFC

HDFC gold
Image by hdfcsec.com

HDFC Securities is a financial services company, operating as a subsidiary of HDFC Bank. Established in the year 2000, its corporate headquarters are situated in Mumbai, India. Among its diverse offerings, HDFC Securities provides users with the opportunity to invest in digital gold.

Through HDFC Securities, individuals can purchase 24K gold, not only in terms of its monetary value but also in quantity. This platform ensures that users have access to top-quality gold, which can then be securely stored in a digital locker. This digital locker offers the convenience of accessibility from anywhere and at any time, providing a safe and efficient means of managing one’s digital gold investments.

11. DigiGold

Digigold
Image by digigold.com

DigiGold stands out as a highly reputable application for the purchase of digital gold and silver. It offers gold and silver of exceptional quality, boasting 24K purity and an impressive 99.9% purity rating. What’s particularly appealing is that you can initiate your precious metal investments with as little as Re. 1, all at real-time market prices. Furthermore, you have the convenience of monitoring the value of your gold holdings in your wallet at any given moment.

For those interested in systematic investments, DigiGold allows you to commence a no lock-in period SIP (Systematic Investment Plan) in gold with a modest investment of Rs. 500. This provides the advantage of compounding returns over time. Should you wish to liquidate your gold holdings or convert them into physical gold, DigiGold offers the flexibility to do so. Moreover, the app distinguishes itself by not imposing any delivery charges and ensuring the prompt delivery of your gold within 3-5 days.

DigiGold extends its services to include secure physical lockers where you can safeguard your precious metals. What’s remarkable is that you can access and manage these lockers conveniently from the comfort of your home with just a single click through their user-friendly app.

12. FinPlay

FinPlay gold
Image by finplay.in

Founded by two IIT graduates, FinPlay is an innovative investment platform that seamlessly merges the captivating worlds of fintech and gaming. This unique platform allows users to engage in entertaining games while earning FinCash rewards, which can be redeemed for discounted financial products available on the platform. Additionally, users can unlock various rewards, such as Amazon coupons, enhancing their overall experience.

As of now, FinPlay primarily offers digital gold as an investment option, boasting the purity of 24K gold at an impressive 99.99% fineness. This gold investment is not only secure but also ensures transparent pricing. Remarkably, FinPlay empowers its users to begin their journey into gold investment with as little as Re. 1, making it accessible to a broad audience.

Looking ahead, FinPlay has ambitious plans to diversify its offerings by introducing mutual funds and stock portfolios in the coming months. Ultimately, their vision is to establish themselves as the preferred wealth creation platform for millennials who are embarking on their journey towards financial prosperity.

13. ICICI Direct

ICICI Direct gold
Image by icicidirect.com

ICICI Bank offers three distinct Gold Deposit Schemes, categorized as Short Term, Medium Term, and Long Term. It’s worth noting that, at present, the Short-Term Gold Deposit Scheme is not accessible to the bank’s customers. Individuals can select the scheme that aligns best with their requirements to enjoy interest benefits and various other perks.

To participate in these schemes, a minimum of 30 grams of raw gold is required for depositing, which can take the form of bars, coins, or jewelry. Notably, this quantity does not include any stones or other metals. There’s no upper limit on the quantity of gold an individual can deposit within the scheme. The bank typically takes about 30 days to process the deposit, starting from the time it’s accepted at the refinery or the refiner’s purity testing center. The principal (P) in these schemes is denominated in grams of gold with a purity level of 995. Interest on the gold deposits is paid out annually, either on the 31st of March or upon maturity, whichever occurs first.

14. Motilal Oswal

Motilal Oswal is a versatile financial services firm based in India, offering a range of investment options, including opportunities in gold. Established in 1987 and headquartered in Mumbai, India, Motilal Oswal enables individuals to acquire digital gold starting at just Rs. 1,000. This allows you to invest in 24k pure gold at the most competitive rates and securely store it online.

For individuals seeking a hassle-free way to invest in pure gold, Motilal Oswal offers the ideal solution. As one of India’s leading stock brokerage firms, Motilal Oswal Securities has developed the MO Investor app, renowned for its user-friendly interface, advanced features, and real-time price notifications in the market.

15. Airtel Payments

Airtel Payments gold
Image by airtel.in

Airtel Payments Bank also offers the opportunity to acquire digital gold of the utmost purity, at 24K 99.9%, through its platform. Nevertheless, it’s worth noting that to make a digital gold purchase, you must possess an Airtel Payments Bank savings account. The entry point for investment in this digital gold is as low as Re. 1, and you have the flexibility to purchase it in grams.

Furthermore, the convenience extends to selling the gold at your discretion or having it delivered to your doorstep. It’s important to note that gold can only be delivered in quantities of one gram or more; amounts less than one gram do not qualify for home delivery. Additionally, the app provides the option to gift gold to your loved ones, adding a thoughtful touch to your financial transactions.

16. Jupiter Money

Jupiter Money is an individualized financial management application designed to empower you in taking charge of your financial well-being. Beyond merely monitoring your expenditures and assisting you in setting aside funds in designated savings pots, it offers a diverse range of investment opportunities. Among these options is the inclusion of digital gold, made possible through a collaboration with MMTC-PAMP.

With Jupiter Money, you have the opportunity to invest in digital gold boasting 24K purity at an impressive 99.9%. Buying and selling gold has never been easier, as a simple swipe enables you to execute these transactions anytime and from anywhere. Furthermore, the gold you acquire is securely stored within protected vaults, and what’s even better, there are no associated storage costs for life.

One of the standout features of Jupiter Money is its capacity to help you establish a consistent investment routine. You have the ability to automatically allocate a specified sum toward gold savings on a daily, weekly, or monthly basis. Additionally, the app provides the means to monitor the progress of your gold investments, offering insights into the accrued profits you’ve accumulated over time.

17. MMTC-PAMP

MMTC-PAMP
Image by mmtcpamp.com

MMTC-PAMP is a collaborative effort between the Swiss bullion brand PAMP SA and MMTC Ltd, a Government of India Undertaking. This app provides an avenue for investing in 24K gold of exceptional purity at 99.9%. You have the flexibility to invest either in grams of gold or based on the current gold value. After your investment, an automated invoice is promptly generated and sent to you.

Furthermore, the app maintains a record of the digital gold’s value within your account. At the same time, MMTC-PAMP securely stores an equivalent weight of physical gold in their highly protected vault, under your name. The app offers the convenience of saving incrementally on a daily, weekly, or monthly basis to bolster your gold portfolio. You have the freedom to buy, sell, or redeem your investment at any time during the day. Should you wish to convert your digital gold into physical gold or redeem it, you will be required to cover delivery charges, and the physical gold will be delivered right to your doorstep.

18. 5Paisa

5Paisa is a user-friendly stock market trading application well-suited for both seasoned traders and novices. This app additionally facilitates investment in digital gold, and there are no hidden fees involved. Secure payment options are provided, including debit cards, credit cards, and integrated wallets.

The minimum investment required for digital gold is just Rs. 50. Once you make a purchase of digital gold, it promptly appears in your portfolio. Furthermore, you have the flexibility to sell your digital gold holdings and receive instant funds without any complications or inconveniences.

Features of Digital Gold Investment

  • Authorized digital gold providers facilitate the purchase of gold using electronic payments while securely storing your gold in physical form within a protected vault on your behalf. These providers can be payment wallets or established commercial banks, all regulated by the Reserve Bank of India (RBI).
  • Gold vaulting location refers to the process of acquiring digital gold from service providers who hold your gold in an overseas location. You make the purchase in Indian rupees, and simultaneously, the service provider acquires gold on your behalf in foreign currencies.
  • To ensure trustworthiness, it’s advisable for the seller of digital gold to have an independent trustee registered with SEBI who conducts monthly audits to verify the gold holdings.
  • Pricing of digital gold can vary between providers and is contingent on factors such as the carat purity, whether it’s 995, 999, or 9999.
  • Similar to buying physical gold from a jewelry store, purchasing digital gold involves two prices – a buying price and a selling price, which are typically displayed.
  • Regarding fungibility and gold delivery, digital gold can be redeemed 24/7, and some providers even offer the option to exchange it for physical jewelry. However, it’s crucial to have upfront information about the minimum amount of gold you can redeem and any associated conversion costs.

Ways to Invest in Digital Gold

Digital gold offers the advantage of eliminating concerns related to both storage and purity. These investment options are backed by physical gold, ensuring returns aligned with its spot prices after deducting associated charges. Additionally, converting digital gold into cash or purchasing jewelry is hassle-free, avoiding the deductions often associated with physical gold transactions. Notably, the ability to invest smaller sums of money is a significant draw for investors seeking to accumulate gold gradually.

1. Gold Exchange Traded Funds (ETFs)

Gold Exchange Traded Funds

Exchange Traded Funds (ETFs) have emerged as a straightforward method for investing in gold. Gold ETFs are essentially funds that allocate their assets to gold and can be traded on stock exchanges, similar to regular stocks. To get started with gold ETFs, investors are required to purchase a minimum of one unit, which is equivalent to one gram of gold.

Initiating a systematic investment plan (SIP) is a well-planned approach for investing in gold ETFs. As an investor accumulates a significant number of units, there is also the option to convert them into physical gold.

2. Gold Mutual Funds

Investors can introduce gold into their investment portfolios by acquiring shares in mutual funds. Some mutual funds base their holdings on international gold mining company stocks and other assets connected to the gold market, such as gold ETFs. These mutual funds closely track the price of gold as the value of the assets they hold rises and falls. Investing in these mutual funds involves expenses, including a management fee and the cost of acquiring the underlying assets. This means that investors will incur fees when holding gold mutual funds.

3. Gold Futures Contracts

Gold futures are standardized contracts traded on organized exchanges. In India, the Multi Commodity Exchange (MCX) and NCDEX are prominent exchanges for gold futures trading. Gold futures fall into the high-risk category of gold investments and are better suited for experienced investors.

The operation of a gold futures contract involves investors committing to buy or sell a specific quantity of gold at an agreed-upon price in the future. These gold futures contracts must be fulfilled by investors, either through purchase or sale, in anticipation of potential profits or losses. In any case, contract settlement occurs on the contract’s expiration date, and investors have the flexibility to buy, sell, or hold the contract until that time.

4. Sovereign Gold Bonds (SGBs)

The Government of India offers sovereign gold bonds through the Reserve Bank of India. Although not widely popular among the Indian populace, these bonds, introduced in 2015, are considered attractive due to their consistent return on investment. Sovereign gold bonds offer investors two advantages: the potential for price appreciation and a fixed 2.5% yield.

Things to Remember during Digital Gold Investment

  • Minimum Investment: The minimum investment requirement varies from one platform to another. Some apps allow you to start investing with as little as Re. 1, while others set a minimum limit of Rs. 100.
  • Maximum Investment: In the realm of digital gold, the maximum amount you can invest is capped at Rs. 2 lakhs.
  • Locker Charges: While most apps typically do not impose locker charges, it’s advisable to verify this beforehand, as these charges can be deducted from your principal investment.
  • Maximum Holding Period: Digital gold investments come with a maximum holding period of five years. Beyond this duration, you must either sell your digital gold or opt to convert it into physical gold.
  • Convertibility to Physical Gold: It’s important to note that not all platforms offer the option to convert digital gold into physical gold. If you desire this conversion feature, select a platform that provides it.
  • GST (Goods and Services Tax): Digital gold transactions are subject to a 3% GST, which is deducted from the principal amount. Therefore, it’s crucial to consider GST when making investment and selling decisions related to digital gold.
  • Taxes on Capital Gains: When you decide to sell your digital gold, it’s essential to account for taxation. Capital gains from gold are taxable at your applicable income tax slab rate, regardless of the duration for which you held the investment.

Regulation for Digital Gold Investment

regulation for investment

In India, the purchase and investment in digital gold are legally sanctioned and government approved. The country recognizes three government-approved digital gold vault companies:

These three entities hold exclusive rights to legally sell or purchase digital gold in India.

However, it’s essential to note that digital gold is still an evolving concept in India, and the government is actively working on regulating it. Presently, it does not fall under the purview of any financial sector regulator. Consequently, digital gold exists in a regulatory gray area, lacking oversight from any authority to monitor the processes involved in selling, securing, storing, and managing digital gold transactions.

This regulatory ambiguity implies that investing in digital gold in India carries inherent risks, similar to mutual funds. To mitigate these risks, it is advisable to conduct thorough due diligence on the integrity, credibility, reputation, and business model of the chosen digital gold provider before making any investments.

Is Digital Gold Taxable in India?

Investing in digital gold has become a popular choice, especially among the younger generation, due to its affordability and convenience. However, it’s crucial for digital gold investors to be aware of the tax implications associated with their investments.

If you hold digital gold assets for less than 36 months, any returns you earn are not directly subject to taxation. However, in the case of long-term capital gains, you will be required to pay a 20% tax on your returns, in addition to a surcharge and a 4% cess.

So, if you decide to cash out your investment after, let’s say, 5 years, you should be prepared to settle these tax obligations. It’s important to note that the duration of your holding period plays a key role in determining the amount of taxes you’ll need to pay.

Is Digital Gold Convertible?

To convert your digital gold holdings into physical gold, follow these steps:

Step 1: Log in to your digital gold account on the platform where you purchased the digital gold. Here, we use the digital gold platform Augmont.

Augmont gold
Image by augmont.com

Step 2: Select the option to convert your digital gold into physical gold. You can choose to have it in the form of gold coins, bars, or any other preferred form.

Step 3: Enter the amount of digital gold you wish to convert into physical gold.

Step 4: Carefully check for any additional making or minting charges that may apply. Review the platform’s terms and conditions, and look for any other charges associated with the conversion process.

Step 5: Confirm your delivery address and take note of any delivery charges. You typically have the option to have the physical gold delivered to your home or to collect it from a designated location.

Step 6: Be aware that some providers may require additional documents for verification purposes. Ensure that you fulfill these requirements to avoid any delays in the conversion process.

Step 7: Pay the final amount, which will include any delivery or minting charges.

If you have any questions or concerns regarding the conversion of your digital gold to physical gold, don’t hesitate to contact the platform’s customer support. They will provide guidance and assistance throughout the conversion process.

Pros of Digital Gold Investment

  • Safe Storage: The company securely stores digital gold in high-security vaults, alleviating concerns about theft or loss. Furthermore, this eliminates the need for expenses related to physical gold locker charges.
  • No Minimum Investment Requirement: There are no lower limits on investing in digital gold. You have the flexibility to invest any amount, even as low as Re. 1.
  • Collateral Use: Digital gold can serve as collateral for loans. Lenders readily accept it as collateral due to its 24K purity and secure storage, streamlining the cumbersome process associated with traditional collateral paperwork and reducing the likelihood of loan rejection.
  • Convenient Conversion: Digital gold can be easily converted into physical gold, providing the flexibility of exchange and the option to have physical gold delivered to your doorstep.
  • Assured Genuineness: Digital gold boasts 24K purity with a certified 99.99% purity level, instilling trust in its authenticity and purity. This significantly diminishes the risk of fraud, ensuring that investors receive the full value of their investment.

Cross-Reference: Why Gold Is A Good Investment Right Now

Cons of Digital Gold Investment

Gold Investment

  • Absence of Regulatory Oversight: Digital gold lacks regulatory bodies overseeing its trading rules and regulations. This significant drawback creates ambiguous areas vulnerable to exploitation by unscrupulous individuals within the system, posing a potential risk to investors.
  • Storage Time Constraints: Digital gold equivalents are typically stored in secure and insured vaults upon purchase. However, some platforms or sellers impose time limits on this storage. Upon expiration, investors are required to withdraw or sell their gold, potentially disrupting long-term investment strategies.
  • Investment Upper Limits: Digital gold investments often come with predefined upper limits. Presently, most platforms cap maximum investments at Rs. 2 lakhs, restricting opportunities for substantial investments in digital gold and potential returns.
  • Absence of Physical Possession and Limited Liquidity: In emergencies, utilizing physical gold as collateral or for sale is a reliable option. However, with digital gold, direct possession of the physical gold is absent, making it challenging to access and employ in urgent situations. Additionally, the liquidity of the digital gold market can fluctuate, impacting the ease and speed of converting it into physical gold or cash.

Also Read: Is Gold or Silver a Better Investment?

Investing in gold presents an opportunity to diversify your portfolios and gain security against economic uncertainties. With the potential for growth and the ease of digital transactions, it’s a beneficial option for both beginners as well as experienced investors.

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80+ Best Affiliate Programs for Pinterest https://moneymint.com/best-affiliate-programs-for-pinterest/ https://moneymint.com/best-affiliate-programs-for-pinterest/#respond Wed, 06 Sep 2023 16:00:56 +0000 https://moneymint.com/?p=41448 Discover some of the best affiliate programs that align with Pinterest's engaging platform and generate substantial revenue.

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If you’re an affiliate marketer, there are several lucrative options when it comes to promoting such programs on Pinterest within your niche. However, it’s important to understand that not all affiliate programs are of the same caliber – only a few present opportunities for authentic and mutually advantageous partnerships. Given the overwhelming variety, how can you identify the most suitable choice for your business? Don’t worry – we have curated a comprehensive list of the best affiliate programs for Pinterest to simplify your journey towards increased revenue generation.

Best Affiliate Programs for Pinterest

Around 80% of brands have embraced Pinterest affiliate programs as a means to tap into fresh customer bases, allocating more than 10% of their marketing budgets towards affiliate marketing efforts. This thriving industry is valued at $8.2 billion, demonstrating how affiliate marketing has evolved into a strategy that brings substantial value with minimal risk. This approach effectively stimulates sales and brand visibility while also generating revenue for the affiliates involved. Let’s look at the list of 88 best affiliate programs for Pinterest:

1. Wayfair

Wayfair
Image by wayfair.com

Interior decorators, both amateurs and professionals, are always on the lookout for fresh ideas to enhance their projects. Oftentimes, a little external inspiration is all it takes to stimulate their creative thinking. This is where Pinterest comes into play as a valuable resource.

On Pinterest, you can discover an array of Pins showcasing innovative home decorating concepts and related subjects. Notably, your Pins can seamlessly align with Wayfair – a prominent player in this industry. By partnering with Wayfair affiliate program, you can earn a commission of 7%.

What distinguishes Wayfair affiliate program is its comprehensive inventory, spanning everything from rugs to refrigerators. This diversity presents numerous opportunities to generate income through promoting their products, whether on your blog or directly through your Pins. Intriguingly, you don’t necessarily need a Pinterest blog to engage in affiliate marketing on Pinterest.

The platform boasts a readily accessible audience, offering a prime avenue to monetize your Pinterest marketing endeavors. Given the vast potential follower base, Wayfair affiliate program could easily be regarded as one of the best affiliate programs for Pinterest.

2. Fine Art America

Fine Art America
Image by fineartamerica.com

Pinterest hosts numerous art boards with audience sizes ranging from a few hundred to hundreds of thousands of followers. These boards engage in discussions spanning from classical art to the contemporary works of indie artists. Interestingly, many emerging artists consider Pinterest a valuable platform for showcasing their digital portfolios. Well, enter companies like Fine Art America – an excellent starting point. All you need to do is select a sub-niche within the art domain and leverage your affiliate pins to get started.

Fine Art America’s Pinterest affiliate program stands out in the art niche, providing an 8% commission on sales generated through your affiliate links on your website or in your pins. The impressive EPC (Earnings Per Click) serves as evidence that affiliates indeed earn income by promoting their offers.

3. Priceline

Priceline
Image by priceline.com

Pinterest may not initially strike you as a platform associated with travel. However, this perspective changes once you consider the widespread habit of capturing vacation moments in photographs, a practice that has surged with the advent of smartphone cameras. The rise in snapshots is even more prominent among digital nomads who document their every experience.

Capitalizing on this burgeoning interest in travel, a strategy akin to Priceline’s affiliate program appears promising. By leveraging your curated Pins featuring picturesque destinations, you can assist individuals in discovering their ideal getaways. The gratification is a 3% commission earned for facilitating these vacation aspirations on this affiliate platform. This should be included in your list of best affiliate programs for Pinterest.

4. B&H Photo Video

B&H Photo Video
Image by bhphotovideo.com

This is one of the best affiliate programs for Pinterest, since Pinners demonstrate a keen interest in sharing captivating images. It suggests a significant overlap with an affinity for photography. It’s only logical to assume that a substantial portion of these individuals hold at least a fleeting fascination with photography. Consequently, there’s a golden opportunity to provide your followers with access to top-notch photography equipment. This strategic move is underscored by the fact that numerous highly successful Pinners prominently feature their own original photographic works.

However, it’s worth noting that the allure of Pins catering to camera equipment extends beyond just the photography niche; various Pinterest users across different categories would undoubtedly appreciate discovering Pins that lead them to a treasure trove of camera gear.

In this realm of affiliate marketing, your potential for earnings shines brightly. By collaborating with BH Photo Video, a premier hub for photography equipment across North America, you stand to gain an impressive 8% commission on all sales. This commission applies to both transactions directly facilitated through your affiliate Pins and those initiated via affiliate links housed on your website. BH Photo Video’s Pinterest affiliate program possesses an inherent appeal that practically markets itself.

5. Blick Art Materials

Blick Art Materials
Image by dickblick.com

Pinterest attracts a diverse community of creative individuals, making it a hub for those who enjoy curating collages and engaging in various crafts. The platform’s appeal lies in its ability to cater to crafters’ penchant for showcasing their artistic creations online. This phenomenon is evident in the substantial following, often nearing a million followers, that some of the prominent crafter Boards have garnered.

From a business perspective, this dynamic presents an opportunity, as crafters consistently seek recommendations for their crafting supplies. To tap into this receptive audience through Pinterest affiliate marketing, Blick emerges as one of the most reputable names in the arts and crafts supplies sector. Their offerings span a wide spectrum, encompassing essentials like paints, brushes, and canvases, while also extending to encompass sculpting materials, framing necessities, and textile resources.

A straightforward approach to generating income on Pinterest through this affiliate program involves evaluating and sharing insights about diverse craft kits. While the commission rate of 3% might not appear extraordinary, it’s important to note that this particular niche fosters repeat orders from customers multiple times a year. This characteristic ensures a consistent level of engagement with your Pinterest affiliate links. Earning a profit in this context doesn’t necessitate complexity; rather, it capitalizes on the organic flow of the craft-loving community on Pinterest.

6. Sonos

Sonos
Image by sonos.com

Sonos exemplifies the technological future you once envisaged: a seamless wireless streaming of music pervading every corner of your homes. This convenience extends to voice-controlled management, allowing for a holistic user experience.

This evolution dovetails intriguingly with the realm of affiliate marketing on Pinterest. The platform hosts a vibrant community of tech enthusiasts, totaling around 30 million individuals. Among them, a diverse array of affiliates thrives, promoting an eclectic range of products, from tech offerings on ClickBank to those available on Amazon.

Notably, this community encompasses prominent tech niche publishers and manufacturers. Sonos, for instance, offers a lucrative Pinterest affiliate program that grants an 8% commission on all sales generated through their website. Remarkably, this program stands as one of the best affiliate programs for Pinterest. Affiliates associated with Sonos consistently reap financial benefits from this arrangement.

7. Home Chef

Home Chef
Image by homechef.com

Individuals have developed a penchant for capturing their culinary creations and sharing them on various online platforms, with Instagram leading the way followed closely by Pinterest. The latter has emerged as a significant hub, featuring a plethora of Pins dedicated to meal preparation, dietary plans, and healthy eating endeavours.

Within this context, there exists a receptive audience with a keen interest in embracing nourishing yet delectable food options, eagerly awaiting a conduit to introduce them to a reliable source. Enter Home Chef – a service that delivers health-conscious meals right to your doorstep, or more precisely, the doorstep of your potential visitor subsequent to their engagement with your Pin.

While the compensation stands at a modest $10 commission for all referrals directed from your website or Pin, irrespective of the total order cost, the program offers the added incentive of commission on every purchase initiated by a novel customer during the initial 30-day period. Notably, this initiative stands out as one of the best affiliate programs for Pinterest, ensuring that generating revenue from it should pose little challenge.

8. Garden Tower Project

Garden Tower Project
Image by gardentowerproject.com

Gardening has transcended its traditional associations and is now embraced by a diverse range of urban and suburban individuals. The trend towards garden farming is on the rise, yet an equal number of people remain passionate about cultivating plants and flowers in their outdoor spaces. Even the smallest efforts contribute to a greener planet. In this context, vertical gardening emerges as a vital practice, enabling individuals to grow their own produce within confined areas.

This is where the Garden Tower Project comes into play, resonating particularly well with Pinterest users and enthusiasts. A plethora of Group Boards, boasting nearly 3 million members, are dedicated to this subject. They delve into every facet of gardening, encompassing advice on plant care, insights into urban farming, and an array of accessories. By promoting this initiative, you stand to gain significant profits, with each sale of a Garden Tower yielding a minimum of $40 in affiliate commissions, equivalent to 16%. If you can successfully drive substantial traffic, the potential for lucrative returns is evident.

Also Read: Hostinger Affiliate Program Review: Earn Upto $1000 a Month

9. Embark Pets

Embark Pets
Image by embarkpets.com

With Embark, you have the opportunity to order a DNA test for your beloved pet, which can identify potential breed-specific health issues and help you proactively address them.

Engaging an enormous audience of over 20 million users who passionately share and engage with dog and puppy images on Pinterest, the platform also boasts a considerable number of affiliates actively involved in this niche. This establishes the credibility and appeal of the service.

By promoting Embark’s DNA testing through affiliate links on your dedicated website, you can earn up to $19 for each successful referral, that is 10% per sale. Given the fervent dedication of most dog owners, you can expect a remarkable conversion rate with this enticing offer. This should be included in your list of best affiliate programs for Pinterest.

10. Rosetta Stone

Rosetta Stone
Image by rosettastone.com

When referring to this platform, we’re not delving into academia; rather, we’re focusing on valuable resources tailored for children, educators, and parents. Rosetta Stone is a noteworthy educational platform that boasts an impressive compilation of over 80,000 Pins. In essence, Pinterest users exhibit a keen interest in a diverse array of educational subjects. Among these, language learning stands out as a particularly popular sub-topic.

What remains is the task of identifying a robust affiliate marketing proposition suited for this audience. An exceptional candidate for this role is the renowned Rosetta Stone, a premier language product celebrated for its effectiveness. At the core of Rosetta Stone’s approach lies the method of learning through visual association, aligning seamlessly with Pinterest’s visually oriented nature. This offers a harmonious blend that resonates with the platform’s users.

Affiliate partners stand to gain 7% commission for every successful sale generated through their affiliate link integrated into their blog. As a result, a lifetime subscription purchase of Rosetta Stone by one of your followers would yield a gratifying $20 in affiliate earnings for you. This is one of the best affiliate programs for Pinterest.

11. Elizabeth Arden

Elizabeth Arden
Image by elizabetharden.com

Approximately 20 million users within the Pinterest community have displayed a keen interest in matters of hair and beauty. This inclination is entirely understandable, given the widespread desire to present oneself in the best possible light. Within this context, numerous boards and profiles have garnered substantial followings, often reaching hundreds of thousands. Remarkably, beauty companies have recognized the potential here and established their presence on Pinterest.

Within this landscape, the Elizabeth Arden program emerges as an exceedingly fitting proposition for an audience of this nature. With its established brand identity and offerings of premium quality products, it stands to reason that your followers would genuinely find value in investing in them. As an affiliate, you stand to gain as well, with a generous 8% commission for every sale facilitated through your affiliate links. All things considered, this could very well be one of the most optimal Pinterest affiliate programs, particularly within this specific niche.

12. Amazon

Amazon
Image by amazon.in

Amazon affiliate program stands as the global frontrunner in the realm of eCommerce and presents a lucrative platform for those engaged in affiliate marketing, offering a potential means of livelihood. The strategy involves crafting engaging Pinterest content aimed at suggesting premier consumer products to both one’s follower base and casual users. By adopting this approach, affiliates can secure a commission, reaching as high as 10%, from Amazon for every successful transaction facilitated through their unique affiliate link. Now you know how to use Pinterest for Amazon affiliate marketing.

What sets Amazon affiliate program apart is its simplicity, eliminating the need for affiliates to establish publisher accounts via external affiliate partners. Amazon takes direct charge of its affiliate initiative known as Amazon Associates. The process entails signing up using the aforementioned link and commencing the creation of innovative Pins. These Pins are then embellished with the affiliate links and shared across the platform to captivate users and encourage their engagement with the promoted products. Now you know how to make money on Pinterest with Amazon.

Cross-Reference: How to Make More Money with Amazon.com Affiliate Program

13. Tripadvisor

Tripadvisor
Image by tripadvisor.in

You can begin by joining Tripadvisor’s Pinterest affiliate program, which allows you to generate revenue through referrals for hotel bookings within the travel industry. By leveraging this affiliate partnership, you can enhance your content with top-notch travel destinations and reviews.

What’s more, the accessibility of its affiliate program is remarkable, as your referred individuals don’t necessarily have to complete actual bookings. Their simple action of using your provided link to explore hotels and other booking partners affiliated with Tripadvisor can contribute to your earnings.

But that’s not the end of it! There’s an opportunity for you to earn a portion of Tripadvisor’s commission from hotel booking partners, reaching up to 50% in some cases. Additionally, the program’s multitouch attribution model enables you to secure extra commission from repeat customers within 14 days of their initial interaction. This is one of the best affiliate programs for Pinterest.

14. Belle & June

Belle & June
Image by belleandjune.com

Belle & June stands out as a premier home decor boutique, granting access to a curated selection of over 7000 products designed by top industry luminaries. Renowned names like Mode Living, Costa Nova, Pacifica Connections, Arte Italica, and Zentique contribute to their diverse catalogue. The boutique encompasses a range of categories including furniture, decor, bath accents, tabletop essentials, items for babies & children, as well as distinctive gifts.

For those engaged in Pinterest affiliate marketing, Belle & June emerges as a promising choice. This is due to their attractive commission structure within the home decor realm, offering a substantial 12% commission per sale. Notably, the boutique maintains an impressive average order value falling in the $250-$500 range. As a result, each successful referral translates to earnings of approximately $30-$60.

Moreover, the boutique maintains a dynamic inventory, regularly introducing new products on a monthly basis. What adds to the allure is that a considerable portion of their online offerings are exclusive and not available in physical stores. This exclusivity factor further enhances the potential of affiliate marketers to entice their audience and makes it one of the best affiliate programs for Pinterest.

15. Canva

Canva
Image by canva.com

Canva stands out as an exceptional web-based graphic design tool tailored for individuals without professional graphic design experience. Its user-friendly interface empowers even those without specialized skills to craft impressive graphics that rival the work of experts.

Upon successfully signing up for Canva’s free trial, you earn $6.95. Furthermore, if these individuals choose to upgrade to a premium subscription, you receive an additional commission, with options as follows:

  • $12.95 for each monthly Pro subscription
  • $30 for every annual Pro subscription

Canva’s strategic approach includes a free basic plan, effectively capturing initial interest and subsequently encouraging users to opt for more feature-rich plans. The brilliance of this strategy lies in the fact that you not only earn $6.95 for every referred free trial but also secure a commission for each conversion to a paid plan. This arrangement is particularly enticing considering Canva’s widespread recognition and its inherent conversion potential.

16. Travelpayouts

Travelpayouts
Image by travelpayouts.com

Travelpayouts serves as a digital intermediary, connecting travel brands, explorers, and content creators to enhance the convenience, delight, and memorability of global travel experiences. Within this framework, numerous brands turn to Travelpayouts to manage their affiliate advertising initiatives, entrusting marketing prospects to innovative content creators, much like yourself.

By setting up an affiliate publisher account on this platform, you can seamlessly forge partnerships with a plethora of brands. These collaborations encompass a wide spectrum of businesses including hotels, car rental services, flights, travel agencies, travel insurance providers, and more. The potential earnings can reach as high as 80%, with average commissions typically settling around 1.6% for flight bookings and 6% for hotel reservations.

Furthermore, Travelpayouts equips you with user-friendly affiliate tools, enabling the expansion of your affiliations with diverse brands. This empowers you and your team to channel your focus towards curating captivating content on platforms like Pinterest, while the comprehensive infrastructure of Travelpayouts takes care of all ancillary aspects. This is one of the best affiliate programs for Pinterest.

17. Expedia Group

Expedia Group
Image by expediagroup.com

Expedia Group has gained immense popularity as a travel metasearch engine and aggregator of travel fares. This platform is renowned for facilitating safe and budget-friendly global travel experiences, catering to both small businesses and individual travelers. For individuals who hold influence within the travel domain on Pinterest, partnering with Expedia Group through their affiliate marketing program could prove highly advantageous.

The Expedia Pinterest affiliate program presents an opportunity for partners to generate income by endorsing a wide array of travel services such as flight bookings, hotel accommodations, car rentals, and transfers, among others. Depending on the specific product being promoted, affiliate partners can secure commissions ranging from 3.5% to 7%. This should be included in your list of best affiliate programs for Pinterest.

Collaborating with Expedia Group to undertake their affiliate advertising initiatives not only provides access to their extensive network but also encompasses various travel brands and subsidiaries affiliated with this prominent travel technology enterprise. This strategic alliance also grants access to cutting-edge affiliate technology tools, including backend APIs, deep links, front-end widgets, cross-selling mechanisms, all of which contribute to the optimization of earnings potential.

18. Booking.com

Booking.com
Image by booking.com

Booking.com presents an excellent opportunity as a travel affiliate program that can seamlessly integrate with Pinterest’s platform. Under this affiliate initiative, you have the chance to secure a commission for every successful hotel booking, ensuring your earnings are tied directly to completed sales. Enrolling in the Booking.com Pinterest affiliate program can be accomplished through any of the partner networks mentioned below:

  • ShareAsale
  • PeerFly
  • MaxBounty
  • AdmitAd
  • FlexOffers
  • CJ

In terms of compensation, most transactions yield a consistent flat fee of $14. This implies that, considering the average conversion rate hovers around 2.35%, the approximate earnings per click will fall within the range of $0.28 to $0.30. Moreover, it’s worth noting that the conversion rate often exceeds this average due to the trusted and globally recognized stature of booking.com. FlexOffers tends to consistently offer one of the more attractive Pinterest affiliate programs.

Also Read: Zomato Affiliate Program with High Payout

19. Agoda

Agoda
Image by agoda.com

You now have the opportunity to generate revenue by becoming an affiliate partner of Agoda, a prominent platform catering to travelers seeking accommodations such as houses, apartments, hotels, and more. Agoda boasts an extensive array of options with over 250,000 properties worldwide, including hotels, resorts, hostels, private villas, bungalows, and apartments.

If you’re considering affiliate marketing on Pinterest, Agoda is a standout choice due to its attractive commission structure. The potential to earn up to 60% in commissions is complemented by the option to enhance your earnings by up to 300% through hotel power ads. As your booking numbers increase, your commission rates also improve.

Agoda provides seamless integration of its promotional tools, and its promotional content is available in 38 languages, making it a user-friendly and accessible platform for affiliate marketing endeavors. This is one of the best affiliate programs for Pinterest.

20. Semrush

Semrush
Image by semrush.com

Semrush stands as a prominent SEO tool that provides valuable assistance to marketers and online enterprises in the realms of keyword exploration, optimizing search engine performance, and monitoring rankings. For those seeking to generate income on the internet, Semrush offers an appealing affiliate initiative. This program caters to a wide spectrum of individuals including publishers, agencies, experts in paid search, and creators of online courses.

Enrollment in this initiative occurs via the Impact Radius affiliate network. The rewards structure entails a commission of $0.01 for enlisting a new member. In addition, each successful subscription sale brings in a substantial $200 in earnings. What sets this initiative apart are the features it offers, such as a 120-day cookie life and a last-click attribution model. These aspects contribute to its uniqueness in the realm of affiliate programs designed for marketers.

Diversifying the promotional avenues, affiliates can leverage the potential of Pinterest by utilizing Semrush’s exclusive creatives. The platform provides specialized resources to assist in promoting Semrush effectively. To ensure a seamless experience, dedicated and experienced account managers are readily available to offer guidance and support throughout the affiliate journey. This should be included in your list of best affiliate programs for Pinterest.

21. WP Engine

WP Engine
Image by wpengine.com

WP Engine stands out as an exceptionally affiliate-friendly platform, offering an extensive array of commissions and additional bonus incentives to its affiliates. The platform’s commitment to its partners is further demonstrated by providing tailor-made discounts that can be shared via a unique code, allowing affiliates to earn commissions.

For a comprehensive affiliate experience, WP Engine presents a unified program encompassing the promotion of both WP Engine hosting plans and StudioPress premium WordPress themes. This strategic approach streamlines efforts and maximizes potential earnings.

Equipped with a suite of customizable and integrated marketing materials, WP Engine equips affiliates with the essential resources for successful affiliate marketing campaigns. Whether opting for pre-designed landing pages and banners or opting for personalized co-branded assets, the platform covers a wide spectrum of promotional needs.

In terms of compensation, WP Engine boasts some of the industry’s most competitive standard commissions, ranging from $200 to $249. This aspect alone sets it apart as a lucrative option for affiliate marketers seeking substantial returns.

Adding to its appeal, WP Engine extends a selection of exclusive and personalized offers and discounts that affiliates can present to their audiences. Elevating the potential for earnings, the platform goes the extra mile by rewarding affiliates for driving multiple referrals each month, resulting in amplified payouts.

22. Tailwind

Tailwind
Image by tailwindcss.com

Tailwind stands out as a fantastic product to showcase and endorse on Pinterest. This tool serves as a scheduling solution for both Pinterest and Instagram, boasting robust analytics capabilities. For those who are dedicated to expanding their presence on either of these platforms, the inclusion of a scheduler like Tailwind becomes essential. This positions Tailwind as one of the premier affiliate programs for Pinterest. Notably, Tailwind reigns as the most widely used tool for social media sharing and scheduling within the realm of Pinterest.

Broadly speaking, alternatives to Tailwind are limited, leading potential customers who explore other options after clicking your affiliate link to often circle back and opt for Tailwind. This is facilitated by the efficacy of tracking cookies, ensuring you receive recognition for the sale. It’s worth noting that Tailwind enjoys the official endorsement of Pinterest, a factor that significantly contributes to building trust and subsequently enhancing conversion rates.

When targeting an audience keen on cultivating their Pinterest presence, promoting Tailwind holds exceptional promise for conversion. The offering of a recurring 25% commission on each purchase further sweetens the deal. This is one of the best affiliate programs for Pinterest.

23. HolistaPet

HolistaPet
Image by holistapet.com

This should be included in your list of best affiliate programs for Pinterest. HolistaPet stands as a prominent online retailer specializing in pet supplies, specifically CBD products. Collaborating with pet affiliates globally, the company aims to increase awareness regarding the advantageous attributes of hemp-derived cannabidiol (CBD) for pets. By enrolling in the affiliate program, you can actively contribute to this rising movement, positively impacting pets and their owners while also generating substantial earnings for yourself.

Through a partnership with HolistaPet, you’re not just becoming part of an exceptional pet affiliate initiative; you’re also assisting pet owners in offering an optimal quality of life for their cherished companions. As customers click on the HolistaPet affiliate link found on your online platform or social media page, you’ll earn a commendable 35% from their total purchases. This serves to boost both your financial resources and your online presence. Meanwhile, the company continues its essential work, and pets flourish under improved care.

Our invitation extends to all individuals intrigued by the pet niche, encouraging them to seek a partnership within the pet affiliate program. HolistaPet is an ideal match for those who possess a fervor for pet well-being and a preference for natural wellness solutions. Strikingly, there’s no requirement for applicants to be pet owners or possess professional expertise in CBD or pet care supplies. In fact, participating in the pet affiliate program offers an exceptional opportunity to gain insight into these pivotal subjects and understand their significance in your life.

Also Read: Wealthy Affiliate Review

24. Skillshare

Skillshare
Image by skillshare.com

Skillshare serves as an online learning community, offering an extensive range of courses covering subjects such as illustration, design, and photography. As a new member, you can enjoy a free trial that grants you unrestricted access to the complete array of available classes.

The affiliate initiative by Skillshare is open to anyone who possesses a demonstrable platform and audience that aligns with the Skillshare brand. These platforms include blogs, Facebook groups, Pinterest, Instagram, or Twitter followers, as well as email newsletters. Participation in the affiliate program requires the creation of an account through the Impact platform, alongside holding a free Skillshare account.

Affiliates of Skillshare stand to earn 40% of revenue for each fresh customer who embarks on a paid membership journey. Through a customized Impact account, affiliates can seamlessly monitor their referrals in real-time. For the commission to apply, referrals have a 30-day window from clicking your link to sign up for a Skillshare membership.

Once referrals are locked in, affiliates will receive their earnings 30 days after the conclusion of the respective month. The selected payment method specified in the Impact platform will be used for these transactions.

25. Pawns.app

Pawns.app
Image by pawns.app

Pawns.app stands out as an excellent product to showcase on Pinterest due to its capacity for enabling individuals to generate supplementary income during their leisure hours. This application, available on both desktop and mobile devices, is not only free but also secure. It facilitates earnings for users by utilizing their idle bandwidth and participating in online surveys. The payout options include direct cash transfers through PayPal or the choice of gift cards, requiring a mere $5 earnings threshold.

The Pawns.app affiliate initiative welcomes participation without any membership fees, even for those without personal websites. In terms of remuneration, the program displays its generosity by extending up to a 20% lifetime recurring commission on the earnings of each referred individual.

With every individual who signs up via your referral link and utilizes the app to generate income, you stand to receive an enduring 20% share of their earnings. Worth noting, those who become app users through your link are also greeted with a $1 bonus—an enticing incentive that kickstarts their journey and aids in drawing in more referrals. This is one of the best affiliate programs for Pinterest.

26. Awin

Awin
Image by awin.com

Awin stands out as one of the best affiliate programs for Pinterest, with a primary goal of facilitating connections between affiliates and advertisers, catering to a wide range of business sizes. For those interested in affiliating, the platform provides the opportunity to apply for various affiliate programs and effectively market advertisers’ products via Pinterest, ultimately earning a portion of the generated sales.

Boasting an extensive array of over 21,000 advertisers, individuals have a wealth of options to select the most fitting match for their specific target audience and niche. What’s noteworthy is that Awin doesn’t mandate the ownership of a website as a prerequisite for becoming an affiliate, making it a viable avenue to monetize Pinterest even without a dedicated website.

Commission rates exhibit variability and are contingent upon the specific advertiser or program an affiliate opts to engage with. It’s important to note that a nominal $5 registration fee is applicable for the creation of an affiliate account on the Awin platform.

27. Swagbucks

Swagbucks website
Image by swagbucks.com

Swagbucks stands as a renowned online rewards program that offers participants the opportunity to accumulate points, referred to as Swagbucks or SB, by completing various online tasks like taking surveys, watching videos, playing games, and making online purchases. These earned points can be subsequently traded for rewards such as gift cards, cashback, and more.

Capitalizing on Pinterest to promote Swagbucks could prove to be a strategic approach to augment your affiliate earnings. By enrolling in Swagbucks’ affiliate initiative, you gain access without any cost and stand a chance to earn a singular commission of $2.20 each time an individual signs up through your affiliate link on their platform.

While the commissions might not be recurrent or exceedingly high, this option remains worthy of consideration, particularly if your target demographic comprises individuals seeking avenues for generating passive income.

28. Toluna

Toluna
Image by toluna.com

Toluna serves as an online platform dedicated to conducting surveys and facilitating market research activities. This digital space offers users the opportunity to engage in surveys, polls, and product testing. By participating in these activities, users can accumulate points, which can then be redeemed for various rewards including gift cards, cash, and merchandise. This is one of the best affiliate programs for Pinterest.

For those seeking to bolster their earnings, particularly within the realm of online income generation, leveraging Pinterest as a promotional avenue for Toluna could prove advantageous. Regardless of the nature of your blog or even if you don’t currently possess one, you have the ability to enroll in Toluna’s affiliate program at no cost. Notably, the program extends a one-time commission of $1.20 per successful registration referred.

29. Ipsos iSay

Ipsos iSay
Image by ipsosisay.com

Ipsos iSay stands as an online survey platform that extends an opportunity for individuals to engage in surveys and receive valuable rewards in return for sharing their viewpoints. By taking part in surveys, users can accumulate points which hold the potential to be exchanged for rewards including cash and gift cards. Managed by Ipsos, a prominent global market research company boasting a 40-year legacy, the platform’s credibility makes it an appealing choice for promotion on various platforms, including Pinterest.

Enrollment in Ipsos iSay’s affiliate program is open at no cost, granting participants access to a unique referral link that can be seamlessly shared on Pinterest or other platforms. When someone employs this link to register on the Ipsos iSay platform and subsequently verifies their email address, you become eligible for a one-time commission of $2.74. It’s important to note that the referrals you bring in must fulfill the requirement of completing at least one Ipsos iSay survey before the commission is awarded to you. This should be included in your list of best affiliate programs for Pinterest.

30. Joybird

Joybird
Image by joybird.com

Joybird stands out as an online furniture retailer specializing in an array of customizable, furniture reminiscent of mid-century modern designs. Their collection encompasses a diverse range of items including sofas, chairs, beds, tables, along with complementary accessories like pillows and rugs.

What sets Joybird apart is not only the ability for customers to personalize their furniture selections, but also the brand’s generous return policies and comprehensive warranties. This combination makes it an exceptionally appealing choice for promotion on platforms like Pinterest. Enrolling in Joybird’s affiliate program is a straightforward process that comes at no cost, enabling individuals to effectively market it to their Pinterest followers, given that PayPal operates within their country.

Affiliates are poised to benefit from this program, as it offers an attractive 15% commission per sale, which stands as one of the most competitive rates within this niche market.

31. Udemy

Udemy
Image by udemy.com

Udemy serves as a dynamic platform providing a diverse array of up-to-the-minute courses spanning various high-demand subjects such as technology, business, personal growth, and more. Within its vast selection of thousands of courses, users can access exclusive promotions and leverage an array of tracking assets, encompassing course-specific, sitewide, and customized links that offer deep linking capabilities.

You have the opportunity to boost sales using promotional tools and assets furnished by Udemy. These resources can be seamlessly integrated into your online presence, be it on your website, blog, social media platforms, or email newsletters. This integration facilitates the potential to earn revenue through competitive commission rates for valid purchases that stem from your affiliate tracking links. This is one of the best affiliate programs for Pinterest.

Comprehending your sales performance becomes more accessible by monitoring your achievements via your network account. Udemy’s commission rates remain competitive, providing a proportional incentive that grows with your promotional efforts. The more actively you promote, the greater your earning potential becomes.

32. Mister Art

Mister Art
Image by misterart.com

Mister Art stands as a prominent online retailer, presenting an extensive array of art supplies and materials, all available at highly competitive prices. Their diverse product range encompasses paints, brushes, canvases, paper, drawing tools, and more, tailored to serve various artistic endeavours like painting, drawing, sculpture, and printmaking.

With its extensive selection of art supplies and materials coupled with its budget-friendly price points, Mister Art emerges as a premier destination for individuals engaged in the realms of art, DIY, and crafts. Given the substantial popularity of this niche on platforms like Pinterest, it’s highly advisable to contemplate becoming a participant in Mister Art’s affiliate program. This affiliation would allow you to earn a commendable 10% commission for each successful purchase made through your referral link.

Promoting their products becomes an effortless task due to the comprehensive product descriptions provided, and the alluring discounts are bound to exert a strong appeal, effectively drawing in potential customers. This should be included in your list of best affiliate programs for Pinterest.

33. The Online Dog Trainer from Doggy Dan

The Online Dog Trainer from Doggy Dan
Image by theonlinedogtrainer.com

Doggy Dan Training stands out as an exceptional online dog training program conceived by the proficient dog trainer, Dan Abdelnoor. It serves as an invaluable resource for dog owners aspiring to enhance their furry companions’ behaviour and compliance through the implementation of positive reinforcement training methods. With an impressive subscriber base of nearly 60,000, this program has solidified its position as one of the most sought-after resources within the realm of online dog training.

Pinterest, with its colossal user base of over 20 million individuals passionately sharing images of adorable puppies and dogs, emerges as an ideal platform for showcasing the merits of Doggy Dan Training. Adding to its appeal is the program’s affiliation with one of the most lucrative affiliate programs in the pet sector, offering a generous 70% commission on each sale. A noteworthy aspect of this initiative is its commendably low refund rate of 3%, ensuring that affiliates retain a substantial portion of their hard-earned earnings.

34. Sephora

Sephora
Image by sephora.com

Sephora stands as a renowned luxury label, celebrated for its premium makeup, skincare, fragrance, and hair offerings. Currently, the esteemed beauty retailer boasts a presence across 29 countries with over 1900 stores, including prominent locations in the US, Canada, and Europe. The brand curates an expansive collection featuring nearly 340 diverse brands, encompassing well-recognized names such as Dior, Fenty Beauty, Anastasia Beverly Hills, and its own Sephora line.

With a substantial audience of over 20 million Pinterest users exhibiting keen interest in hair and beauty, leveraging this social media platform emerges as a strategic avenue for bolstering affiliate earnings through Sephora. Participation in the brand’s affiliate program grants entry to an extensive array of more than 200 brands and a remarkable assortment of over 13,000 premium products. As an affiliate partner, you secure a 5% commission on each sale, along with exclusive newsletters, previews of upcoming products, and access to affiliate-exclusive special offers and promotions. This is one of the best affiliate programs for Pinterest.

35. AliDropship

AliDropship
Image by alidropship.com

AliDropship functions as an e-commerce platform that empowers entrepreneurs in establishing and managing their own dropshipping ventures. The platform equips users with an array of tools and materials to facilitate the creation of online stores, product sourcing, and overall business administration.

By enrolling in AliDropship’s affiliate initiative, individuals can effectively monetize various niches on Pinterest. This opportunity enables them to market a wide spectrum of products spanning diverse categories. Notably, the program boasts a substantial commission of up to 50% per sale, positioning it as one of the most lucrative affiliate programs accessible at present.

Furthermore, participants receive dedicated assistance and promotional resources. Notably, there are no limitations on the volume of products that can be promoted and sold. However, eligibility for AliDropship’s affiliate program excludes owners of coupon or deal websites and individuals engaged in pay-per-click advertising. This should be included in your list of best affiliate programs for Pinterest.

Cross-Reference: Fantastic Affiliate Marketing Success Story: Eartha Shares Her Life-Changing Experience

36. Rug Source

Rug Source
Image by rugsource.com

Rug Source, an established online retailer, specializes in offering a diverse range of rugs, including modern, antique, oriental, and Persian styles. Boasting an impressive inventory of over 30,000 rugs, the company has earned global recognition as a prominent rug vendor. Their affiliate program, available through ShareASale, provides an opportunity for promoters to join and collaborate.

The affiliate commissions offered by Rug Source are notably competitive for physical products, with affiliates earning a substantial 10% commission on their sales. One of the program’s strengths lies in the global reach of Rug Source’s rugs, enabling affiliates to attract traffic from various geographical locations.

Furthermore, content centered around rugs, interior design, and related subjects tends to perform exceptionally well on Pinterest. This combination of factors positions Rug Source’s affiliate program as a highly appealing option for potential affiliates to explore.

37. Scrapbook.com

Scrapbook.com
Image by scrapbook.com

This is one of the best affiliate programs for Pinterest. Scrapbook.com presents an excellent opportunity to become part of a noteworthy craft affiliate program, perfect for those looking to join the creative world. Their extensive range of crafts aligns seamlessly with Pinterest’s visual appeal. Notably, their store boasts internationally acclaimed brands, a factor that significantly bolsters conversion rates.

A captivating aspect is the wealth of content and educational resources available, including podcasts. This dynamic content serves as a magnet, drawing in potential customers who may be enticed to engage with the blog’s offerings and subsequently make purchases.

One of the most enticing features is their generous commission structure, offering rates of up to 20%, a remarkable figure particularly for physical products. For those seeking interaction and guidance, Scrapbook.com’s Facebook affiliate group provides a platform to connect with fellow affiliates and seek answers to queries. In essence, Scrapbook.com stands out as an exceptional affiliate program option for Pinterest, especially within the crafts niche. It’s certainly an opportunity worth exploring.

38. Fiverr

Fiverr Website
Image by fiverr.com

Fiverr, renowned as one of the world’s most recognizable freelance marketplaces, provides an often-overlooked opportunity through its affiliate program, which stands out as one of the most appealing and rewarding initiatives in the industry.

Surprisingly, many individuals remain unaware of Fiverr’s affiliate program, yet it boasts one of the most competitive and potentially profitable setups available. The program’s structure allows affiliates to earn substantial amounts, with the potential to rake in as much as $1,000 from a single successful referral, clearly demonstrating Fiverr’s dedication to rewarding its affiliates generously.

Affiliates can tailor their approach based on the Fiverr services they choose to endorse, selecting either a per-sale compensation model, offering payouts ranging from $10 to $1,000 per sale, or a percentage-based scheme with commissions spanning 10% to 50% per sale.

Notably, Fiverr introduces a revenue-sharing option for select services, a strategy that yields a slightly reduced initial commission. However, this trade-off proves worthwhile as it grants affiliates an additional income stream: a 10% share of their referred customers’ sales for a duration of 12 months.

This facet presents an intriguing opportunity for substantial earnings, particularly if the individuals brought into the Fiverr ecosystem continue to utilize its services consistently, potentially resulting in a lucrative income stream over the course of a year. This should be included in your list of best affiliate programs for Pinterest.

Also Read: Fiverr Affiliate Program

39. Clinique Online

Clinique Online
Image by clinique.in

Clinique stands as a globally renowned brand in the realm of beauty, accompanied by an impressive affiliate program. Navigating their online store reveals an extensive array of beauty products, spanning from nourishing skincare essentials to captivating makeup items. These offerings serve as fertile ground for crafting engaging pins that can seamlessly guide potential customers towards making purchases via your affiliate link.

Clinique’s affiliate commission rates are notably attractive, averaging at 6% of the revenue generated. This proposition gains further appeal due to the tangible nature of the products and the brand’s substantial credibility, making these commission rates even more appealing.

40. BK Beauty

BK Beauty
Image by bkbeauty.com

The BK Beauty affiliate program presents an excellent opportunity within the beauty niche, with a focus on makeup brushes and an extensive array of choices. While not as universally renowned as Clinique, BK Beauty compensates with its enticing affiliate program terms.

A notable highlight is the generous 15% commission offered, coupled with an impressive average order value surpassing $100. This translates to potentially lucrative Earnings Per Click (EPCs), as the traffic you direct is inclined to make substantial purchases. Particularly suitable for promotion on Pinterest within the beauty niche, the BK Beauty affiliate program stands out as one of the best affiliate programs for Pinterest.

41. Thrive Market

Thrive Market
Image by thrivemarket.com

Thrive Market stands out as an online grocery store dedicated to enhancing the accessibility of wholesome living. Its diverse array of nourishing food and beverages caters to individuals following various dietary preferences. The potential success of affiliating with Thrive Market on Pinterest is grounded in the perpetual quest for healthier eating choices.

Pinterest serves as a favored platform for those seeking inspiration in this domain. Through illustrative content, you can exhibit to users in search of ideas how Thrive Market can contribute to their healthier eating journey. Your efforts in driving such engagement can also translate into earnings, with commission rates spanning from $5 to $40 per sale. This should be included in your list of best affiliate programs for Pinterest.

42. FarmFoods Market

FarmFoods Market
Image by farmfoodsmarket.com

Farm Foods Market offers a unique platform for ordering farm-sourced meats that stand apart from mass-produced alternatives. Their core mission revolves around reintroducing authentic, nourishing, and richly flavorful meats to the market. Each product they offer is sourced directly from farms where animals are raised in humane conditions, reflecting their commitment to ethical practices. This ethical dimension provides a compelling angle to endorse this exceptional company.

Naturally, Farm Foods Market’s product line strongly resonates with individuals who are dedicated to ending the era of mass-produced meats and the mistreatment of animals – a commendable objective by all accounts.

Their affiliate program boasts a 4% commission rate, coupled with an impressive 4% conversion rate. Notably, the average order surpasses $120, indicating potential earnings of $16 per sale, a figure that shouldn’t be overlooked.

All in all, Farm Foods Market presents a robust affiliate program within the food industry. With favourable conversion rates and a range of high-quality, ethically sourced products, endorsing them is a rewarding experience. In the realm of food-related niches, unless your Pinterest audience is exclusively vegan, Farm Foods Market emerges as an ideal and harmonious choice.

43. Universal Yums Food

Universal Yums Food
Image by universalyums.com

You have the opportunity to become an influencer through the Universal Yums Food Affiliate Program. To get started, simply sign up for their affiliate program and provide some basic information about your business and audience. Follow the application instructions to complete the process.

To effectively promote Universal Yums products, it’s crucial to create content that not only captures your audience’s attention but also keeps them engaged. Begin monetizing your content immediately by integrating your Universal Yums link directly into your blog posts. Then, continue producing valuable content and let your audience click on your links. When they make purchases, you’ll earn $10 per sale.

As you incorporate affiliate links into your content and start earning commissions, consider methods to enhance your affiliate earnings. You can achieve this by incorporating appealing product displays, comparison tables, and compelling call-to-action buttons in your blog posts. The simplest way to boost your affiliate income and monetize your website with Universal Yums is by using Lasso. This is one of the best affiliate programs for Pinterest.

44. GoPro

GoPro
Image by gopro.com

GoPro stands out as a widely recognized global brand that enjoys immense popularity worldwide. This reputation serves as a valuable asset when endorsing the products, benefiting from the high level of trust they command. The line of action cameras offered by GoPro lends itself well to promotion on platforms like Pinterest, where the potential to showcase their capabilities is substantial. This presents an opportunity to pair such demonstrations with your affiliate link for effective marketing.

With the GoPro affiliate program, you can earn a substantial 5% of the revenue generated through your promotional efforts. This commission rate is particularly noteworthy given the brand’s international renown and its focus on tangible products. Additionally, participants in the affiliate program are provided with a dedicated affiliate manager, who can offer assistance and insights to potentially enhance your sales performance. This should be included in your list of best affiliate programs for Pinterest.

45. Garmin

Garmin
Image by garmin.co.in

Garmin stands out as a prominent brand specializing in outdoor GPS watches, boasting an extensive array of options accompanied by an attractive affiliate program. By endorsing Garmin products, affiliates can enjoy a generous 8% share of the generated revenue – a favourable arrangement, particularly for a tangible product.

The Pinterest platform aligns remarkably well with this product, as its user base exhibits interests ranging from outdoor activities to fashion and beyond. This grants promoters a considerable degree of flexibility in their promotional strategies, which is undeniably advantageous.

46. Designer Living

Designer Living
Image by designerliving.com

Designer Living provides a diverse range of furniture and home decor items sourced from leading brands in various categories such as bed, bath, window, rugs, youth, outdoor, and pets. Renowned names like Bombay, INK + IVY, Madison Park, and Natori contribute to the selection.

With a competitive commission rate of 10%, this affiliate program is particularly appealing for those catering to an audience inclined towards a sophisticated lifestyle. It holds special value for Pinterest affiliates, as it empowers them to present a wide array of home decor products to suit different tastes and budgets.

What sets Designer Living apart and solidifies its position on the list of top affiliate programs is its commitment to price matching. This feature significantly enhances the potential for converting leads into customers, making it one of the best affiliate programs for Pinterest if you are aiming to maximize your revenue.

47. Active Campaign

Active Campaign
Image by activecampaign.com

This should be included in your list of best affiliate programs for Pinterest. Active Campaign stands out as a comprehensive software encompassing email marketing, marketing automation, sales automation, and CRM capabilities, all seamlessly integrated into one exceptional solution. Renowned for its user-friendly interface and robust functionality, it undoubtedly holds the top spot among email marketing software options.

Beyond its software excellence, Active Campaign boasts a highly impressive affiliate program. With a commission structure of 20%-30% on a recurring monthly basis, affiliates have the opportunity to earn continuous income. This means that as long as the referrals they bring in remain active, affiliates will receive commissions each month. Furthermore, the commission rates are designed in tiers, allowing affiliates to enjoy higher earnings as their sales volume increases—an appealing prospect akin to receiving a substantial pay raise.

48. ClickFunnels

ClickFunnels
Image by clickfunnels.com

ClickFunnels functions as a versatile landing page construction platform that streamlines the sales process for businesses. Acting as an all-in-one solution, it aids enterprises in marketing and vending their products and services effectively.

The ClickFunnels affiliate program presents substantial opportunities for affiliate partners to expand their ventures. Affiliates are categorized into different tiers, each offering varying commission rates based on both tier levels and the specific products sold. Certain items even offer the potential for up to a 100% commission rate.

  • Tier 1: This initial tier accommodates all ClickFunnels affiliates without the need for a formal application. It allows for the earning of diverse commissions on items such as books, challenges, and summits, with commission percentages ranging from $1 per sale to 40% on upsells.
  • Tier 2: Aspiring affiliates must attain $1,000 in sales within any 30-day period to qualify for Tier 2. Upon achieving this milestone, access is granted to a wider array of products for promotion, accompanied by commission rates spanning from 30% to 40%.
  • Tier 3: Successful Tier 3 applicants can enjoy a 40% commission rate after successfully selling 40 ClickFunnels accounts on a monthly basis.

Advancement to higher affiliate tiers necessitates the fulfilment of specific criteria, either in terms of a set number of referrals or a designated minimum sales volume per month. Moving up the affiliate tiers not only unlocks improved commission rates but also enhances the overall benefits for affiliate partners.

Also Read: ClickFunnels Affiliate Review

49. Wix

Wix
Image by wix.com

Wix stands out as a user-friendly platform for crafting polished websites, offering extensive design flexibility, robust search engine optimization tools, and seamless e-commerce integration. The Affiliate Program of this program is designed for website owners with the ability to generate significant traffic to Wix by creating unique content like online articles, instructional guides, and how-to videos.

When you refer individuals who click on your affiliate advertisement and subsequently buy a Wix Premium Plan within 30 days, you will be rewarded with $100 for each successful referral. Your earning potential as an affiliate is unlimited, as the more sales you drive, the more you stand to earn.

Simplicity is a key advantage here, particularly in terms of the commission structure. Solely dedicating your efforts to promoting Wix could potentially lead to a lucrative income stream. This is one of the best affiliate programs for Pinterest.

50. Zazzle

Zazzle
Image by zazzle.com

Zazzle stands as the ultimate platform for bringing your creative visions to life. It offers a vast array of possibilities, ranging from T-shirts, pillows, and stickers to banners, invitations, and blankets. The diversity of options extends to mugs, puzzles, playing cards, and beyond, encompassing millions of products that cater to every imagination.

Enrolled individuals in the Zazzle affiliate program are referred to as associates. The appeal of this role lies in its attractive commissions and substantial cookie duration. Beyond the enticing commission rate of 15%, associates also have the opportunity to earn a volume bonus that can reach up to 17%. What further sets this program apart is its user-friendly approach to linking to any product, making it a seamless experience for associates to connect customers with their desired items. This should be included in your list of best affiliate programs for Pinterest.

51. Gourmet Chocolate of the Month Club

Gourmet Chocolate of the Month Club
Image by chocolatemonthclub.com

Utilizing affiliate marketing on Pinterest, the Gourmet Chocolate of the Month Club emerges as an optimal choice, effectively resonating with the platform’s user base. This opportunity caters to the aficionados of chocolate, granting them the chance to experience novel assortments every month from renowned chocolatiers such as Mayana Chocolates, Droga Chocolates, Four Brothers Chocolates, Jean-Marie Auboine Chocolatier, Torn Ranch, and more.

Distinguished by its exclusivity, this proposition possesses the potential to captivate a highly relevant audience. The array includes both one-time presents and subscription options, all while promising a satisfactory commission of $12 for each successful referral.

52. Dermava

Dermava
Image by dermava.com

Dermava presents an extensive range of over 4000 premium beauty and skincare brands, all available at budget-friendly prices. Their product categories encompass skincare, haircare, makeup, nail care, body care, and even options for men.

Dermava takes pride in offering the beauty niche’s most generous commissions and extended cookie durations. With a substantial 11% commission rate, their program stands out. What adds to their appeal is the remarkable 115% low price guarantee, ensuring customers get the best value. Should customers find a lower price elsewhere, Dermava refunds the difference, providing an unbeatable offer that resonates with your audience. This is one of the best affiliate programs for Pinterest.

Apart from the initial substantial commissions, the platform also maintains ongoing commission payments to the original referring affiliate throughout its entire engagement with the customer. This establishes a residual income opportunity for its partners, enabling them to focus on delivering valuable and supportive guidance to their followers, rather than simply pursuing sales-driven recommendations for short-term gains. This approach encourages a broader perspective on their role.

53. Integrity Botanicals

Integrity Botanicals
Image by integritybotanicals.com

Integrity Botanicals stands out as the leading online destination for indulging in natural and organic beauty products. Housing a diverse collection of over 60 brands, their offerings span across skincare, body care, hair care, makeup, baby & mommy essentials, wellness items, products for men, and thoughtful gift sets.

For Pinterest affiliates catering to enthusiasts of organic beauty, Integrity Botanicals presents an unrivalled affiliate program. Boasting an impressive commission rate of 10%, it emerges as an ideal choice.

Moreover, each order comes with the added incentive of receiving three complimentary samples, strategically designed to foster repeat purchases. This program aligns seamlessly with an audience appreciative of eco-conscious and health-focused beauty choices and makes it one of the best affiliate programs for Pinterest.

54. Vital Choice

Vital Choice
Image by vitalchoice.com

If your target audience is health-conscious and interested in dietary choices, consider the following option: you can become a part of the Vital Choice Affiliate Program, gaining access to your unique affiliate link. To begin your journey as an influencer, the first step is to sign up for their affiliate program.

You’ll be able to promptly monetize your content by incorporating your Vital Choice affiliate link directly into your blog posts. Subsequently, all you need to do is continue producing valuable content and await your audience’s engagement with your links. The commission structure varies: new customers yield a standard reward of 4%, existing customers offer 1%, and each new Vital Box subscription earns you $15.

As you integrate a few affiliate links into your content and start generating commissions, it’s wise to explore methods for enhancing your affiliate earnings. Achieving this can be facilitated by including attractive product showcases, comparative tables, and compelling call-to-action buttons in your blog posts.

You’ll gain access to a comprehensive link management dashboard that enables you to oversee every post on your site containing Vital Choice links. Additionally, you can effortlessly craft eye-catching affiliate displays, grids, and tables without needing to write any code. These elements are poised to amplify your click-through rates, ultimately leading to increased earnings from your existing content.

55. Green Kids Crafts

Green Kids Crafts
Image by greenkidcrafts.com

This is one of the best affiliate programs for Pinterest. Green Kids Crafts functions as a subscription service that provides engaging and educational crafts for children. Their offerings encompass regular subscription boxes, one-time boxes, and gift boxes. For bloggers and social influencers, a valuable approach to harnessing this program is to solicit a complimentary box. In return, an account of the encounter can be penned.

Compensation-wise, earnings comprise $10 for all recurring subscription sales, $8 for non-renewing gift subscriptions, and a 15% commission on all purchases from the shop. Additionally, the company furnishes enticement bonuses, promotions, contests, and sales opportunities that introduce an element of enjoyment and competitiveness to the task of promoting the brand.

56. Revelae Kids

Revelae Kids
Image by revelae.refersion.com

Revelae Kids specializes in fostering wholesome lifestyles through inventive approaches to playtime, snack breaks, naptimes, and bathing routines. Their product range aims to simplify these moments for parents while enhancing the enjoyment for children.

Revelae Kids presents a truly distinctive offering that holds value for every parent and child. It’s a treasure trove for the parenting community, poised to captivate the interest of those seeking innovative products. Moreover, the commissions offered stand at an appealing 15%, that can climb up to 20%.

Payment is issued at the conclusion of every month. You are credited for all sales generated by customers who click on your link and make purchases within 30 days from their initial click. This should be included in your list of best affiliate programs for Pinterest.

57. 7 Sisters Homeschool

7 Sisters Homeschool
Image by 7sistershomeschool.com

Drawing from over two decades of homeschooling experience, 7Sisters offers a comprehensive range of homeschool programs encompassing coaching, curriculum, and invaluable encouragement. Undoubtedly, this stands out as an exceptionally profitable product within the realm of parenting.

Featuring generous 40% commissions and an extended 90-day cookie duration, this presents a lucrative opportunity to generate substantial earnings. Moreover, affiliates can leverage the advantage of promotional activities and seasonal offers to drive effortless conversions.

58. Fun and Function

Fun and Function
Image by funandfunction.com

Fun and Function is a renowned provider of therapeutic toys and sensory tools that have received awards for their quality. These products are not only enjoyable but also affordable, aiming to aid various aspects of child development. Crafted by experienced therapists, each product serves a specific purpose, contributing to areas such as:

  • attention and focus,
  • auditory processing,
  • biting and chewing tendencies,
  • relaxation,
  • fine and gross motor coordination,
  • organizational skills,
  • time management,
  • smooth routines and transitions,
  • appropriate seating,
  • sensory integration,
  • sleep improvement,
  • social skill enhancement,
  • travel convenience.

In addition to their role as a top resource for exceptional child development items, Fun and Function presents an enticing commission structure. With an average transaction amount of $100, affiliates can earn a commission of 10% per sale. This is one of the best affiliate programs for Pinterest.

59. Organic Baby Food Shop

Organic Baby Food Shop
Image by organicbabyfood.shop

Organic Baby Food Shop retails a selection of five distinct variants of organic baby formula, which encompass goat’s milk, hypoallergenic, HIPP, Holle, and Lebenswert options. The majority of these variants are tailored across three or more stages to align with different growth phases. Their formulations are derived from grass-fed cows and incorporate probiotics and raw components, ensuring a product lineup devoid of chemicals and preservatives.

The offerings at Organic Baby Food Shop are characterized by their exclusivity, presenting items that are challenging to procure elsewhere. Individuals seeking this specific kind of baby formula are likely to view the shop as a valuable resource. Moreover, the commission structure in this sector is notably attractive, set at a competitive 10%. This should be included in your list of best affiliate programs for Pinterest.

60. Shopify

Shopify
Image by shopify.com

Shopify serves as a comprehensive commerce platform that empowers individuals to initiate, expand, and oversee their business endeavours. Within Shopify’s framework, merchants have the flexibility to construct and personalize their online stores while simultaneously conducting sales across diverse platforms. These include websites, mobile applications, physical retail spaces, pop-up shops, and various channels spanning social media to online marketplaces.

The Shopify Affiliate program comprises a vast network of global content creators, educators offering courses, influencers, and review websites. These affiliates assist their audiences in launching prosperous enterprises on the Shopify platform. In return, they earn competitive referral commissions and bolster their reputations as authorities within the industry. Participation in this program is cost-free, offering experts the opportunity to monetize their followers and receive commissions.

By joining the Shopify affiliate program, members gain access to a diverse global creative repository, lead magnets, a monthly newsletter, and meticulously curated email content. These resources are strategically designed to facilitate content creation and enhance conversion rates. Remarkable performance and the quality of referrals can lead eligible partners to an exclusive invitation-only initiative known as the Commerce Coach program. This prestigious program offers elevated commission rates and a plethora of other exclusive perks.

Shopify extends commissions across its range of standard plans, which can amount to as much as $150 USD for referrals to fully-priced plans, contingent on the merchant’s location. To facilitate withdrawals, the Shopify Affiliate Program mandates a minimum balance of $10 USD. Affiliates can choose to receive payment once their balance reaches a designated threshold or on a bi-weekly schedule.

61. Rakuten

Rakuten
Image by global.rakuten.com

Rakuten functions as a cashback platform, rewarding consumers for their purchases made through its website. Rapidly gaining popularity, it has emerged as a prominent online shopping destination. In the second quarter of 2021, Rakuten recorded a revenue of $3.4 billion, marking a 15.8% year-over-year growth, and this upward trajectory is ongoing. Capturing a significant market share of affiliate networks, it holds the third-largest position at 7.85%.

Central to Rakuten’s ecosystem is its affiliate publisher program, seamlessly linked with over 2,500 diverse retailers offering a wide array of products – akin to the Amazon Affiliates model. As an affiliate, partnering with a brand and endorsing its products through Rakuten is straightforward. The affiliate program devised by Rakuten incorporates three commission types aimed at bolstering sales through your influence:

  • Dynamic commissioning: This facet offers insights into advertisers’ objectives and compensations, structured around escalated revenue.
  • Coupon commissioning: This stream enables efficient oversight and regulation of coupon code-related rules.
  • Multi-touch commissioning: This innovative element ensures acknowledgment of your contributions at any juncture along the customer journey.

The commission rate is variable, contingent upon the distinct commission rates set by individual merchants. This is one of the best affiliate programs for Pinterest.

62. eBay Partner Network

eBay Partner Network
Image by partnernetwork.ebay.com

Established in 1995, eBay emerged as one of the pioneering online marketplaces that effectively connected buyers and sellers. Its prominence remains strong worldwide, encompassing not only traditional e-commerce but also forging affiliations within the realm of marketing partnerships.

Functioning as an affiliate program, eBay holds widespread appeal due to its capacity to cater to virtually any demographic. The platform’s extensive range of offerings means that virtually anything imaginable can find a place for sale. A remarkable instance of this was witnessed in 2015 when an individual managed to sell a bag of air from a Kanye West concert for an astonishing $65,000.

Regarding its commission structure, eBay’s affiliate program offers compensation in the range of $0.50 to $1.00 for driving users who haven’t engaged in purchases on eBay for over a year, leading them to initiate bids on products. Furthermore, affiliates also earn supplemental commissions based on successfully completed sales, with these rates differing based on the category of the item.

It’s essential to note that eBay Partner Network calculates commissions based on the profit generated from a sale. The commission percentages are not uniform but fluctuate depending on the nature of the product being sold. This should be included in your list of best affiliate programs for Pinterest.

63. Leadpages

Leadpages
Image by leadpages.com

Leadpages stands out as a widely recognized website builder that aids small businesses in constructing effective landing and sales pages. One of its standout features is its top-tier affiliate program, which presents the opportunity to earn commissions on a recurring basis for each successful sale you bring in. This commission structure encompasses not only initial sales but also plan renewals, updates, and one-time purchases, ensuring a continuous stream of income.

The affiliate program is inclusive, welcoming both Leadpages users and non-users to participate. To empower its affiliates and help them excel, Leadpages furnishes a range of promotional resources, tutorials, and training materials. By utilizing these resources, affiliates can enhance their sales capabilities and unlock the potential for higher commission rates. The commission rates themselves can vary, spanning from 10% to 50%, offering flexibility to match the efforts and achievements of each affiliate.

Also Read: LeadsArk Affiliate Program Review 2023 | Is it a Scam?

64. ConvertKit

ConvertKit
Image by convertkit.com

This is one of the best affiliate programs for Pinterest. ConvertKit offers a tailor-made affiliate program designed for content creators who target fellow creators. Its suite of email marketing tools simplifies the entire process of strategizing, dispatching, and overseeing email campaigns. Even individuals who are new to blogging or seasoned influencers can excel due to ConvertKit’s user-friendly interface.

Affiliates of ConvertKit are entitled to a substantial 30% commission for each successful sign-up through their unique affiliate link. This commission is a recurring payout, contingent on the continued activity of the referred customer’s account. The actual earnings are influenced by the monthly subscription plan chosen by the referral. Notably, opting for an upgraded plan by those with extensive email lists translates to higher commissions on a monthly basis.

65. Elementor

Elementor
Image by elementor.com

Elementor serves as a plugin enabling users to effortlessly fashion polished WordPress websites through a drag-and-drop approach, employing a range of diverse elements. The plugin features a free version with limitations, along with multiple subscription options, commencing at $49 per annum and escalating to $999 per annum.

With WordPress standing as a widely embraced content management system, Elementor stands out among the leading 15 plugins employed with WordPress. This underscores the substantial potential for individuals to garner substantial earnings via Elementor’s affiliate program. Notably, Elementor extends a fixed 50% commission on all sales generated through your referrals. This should be included in your list of best affiliate programs for Pinterest.

Cross-Reference: How Elementor ran a successful SaaS affiliate campaign

66. Hubspot

Hubspot
Image by hubspot.com

HubSpot serves as a comprehensive CRM platform that seamlessly integrates marketing, sales, content management, and customer service within a unified interface. The current plans from HubSpot are available at a pricing range of $50 to upwards of $3,000 per month. Remarkably, many customers opt for multiple products simultaneously, opening up substantial earning potential for affiliates.

Becoming a HubSpot affiliate is a cost-free endeavor, welcoming individuals regardless of their familiarity with HubSpot’s software. Irrespective of whether you’re a newcomer to affiliate marketing or a seasoned pro, you’re encouraged to apply for the program.

Affiliate commission structures come in two variations:

  • A recurring monthly rate of 15%.
  • A flat rate equating to 100% of the revenue from the first month.

HubSpot’s reputation for offering a diverse array of educational materials extends to its affiliate initiative. Affiliates gain access to an extensive reservoir of valuable resources, streamlining the process of generating content for HubSpot’s diverse product lineup.

67. Constant Contact

Constant Contact
Image by constantcontact.com

Constant Contact functions as an email marketing tool, aiding in lead generation and boosting web traffic. It presents a choice between two subscription plans: a basic email option priced at $20 per month, and an upgraded Email Plus plan available for $45 monthly. For businesses in perpetual search of fresh methods to promote their brand, Constant Contact stands ready to provide that additional impetus.

The affiliate program of Constant Contact is transparent and harbours the potential for substantial earnings. The structure involves a straightforward, one-time flat commission of $105 for each successful subscription sale. Additionally, a $5 commission is extended for every individual who enrols in a free trial of their email service, regardless of whether they proceed to make a purchase or not. This is one of the best affiliate programs for Pinterest.

68. Teachable

Teachable
Image by teachable.com

Teachable serves as a platform designed to enable individuals to monetize their expertise by offering and selling online courses. Utilizing Teachable allows anyone to profit from teaching courses aligned with their knowledge. By participating in Teachable’s affiliate marketing initiative, individuals become affiliated partners, opening doors to earning a 30% commission on each Teachable purchase. This commission can potentially increase up to 50% through bonus tiers.

In an added incentive, as long as the referrals you bring onto the Teachable platform remain subscribed, you continue to receive a 30% commission from their subscription fee. This presents the opportunity to generate an ongoing commission stream from a single initial sale. This should be included in your list of best affiliate programs for Pinterest.

69. Bluehost

Bluehost
Image by bluehost.in

Bluehost stands out as a premier web hosting provider renowned for its affordability and user-friendly approach, particularly beneficial for newcomers aiming to establish their online presence, particularly through WordPress.

Under the wings of Bluehost’s affiliate program, individuals have the opportunity to earn substantial rewards. A generous $65 flat commission awaits affiliates for every referred visitor who not only clicks on their unique link but also proceeds to enroll in a hosting package. This commission appears even more substantial when considering that the entry-level Basic hosting plan is priced at just $2.95 per month for a 36-month commitment, while the Pro plan costs merely $13.95 per month.

Delving deeper into the affiliate structure, it’s evident that Bluehost has implemented a tiered system. This means that dedicated and thriving affiliates have the potential to reap even greater benefits, with the potential commission reaching up to $130 per successful sale. The ceiling for earning is limitless, a fact illustrated by affiliates like Ryan Robinson, who boasts a monthly income of $9,400 solely from their association with Bluehost.

Also Read: Bluehost Affiliate Program Review

70. NordVPN

NordVPN
Image by nordvpn.com

NordVPN stands as a VPN service renowned for furnishing users with a shielded and confidential avenue to the internet. This entails safeguarding online data through encrypted connections, a valuable feature particularly for individuals seeking tranquility when using public Wi-Fi. NordVPN not only ensures the secure access of personal data and work-related files but also ensures the preservation of one’s online identity.

The affiliate marketing initiative of NordVPN presents an opportunity for substantial and recurring earnings. The program extends an initial commission of no less than 40% for each sign-up, with an added 30% bonus commission applicable to any subsequent renewals made by the customer. This is one of the best affiliate programs for Pinterest.

71. Calendly

Calendly
Image by calendly.com

Managing schedules for all individuals within a business can pose challenges without proper assistance. Enter Calendly: a centralized platform designed to streamline the process of scheduling meetings in a professional and efficient manner, eliminating the need for prolonged email exchanges. Calendly provides both free and paid subscription options, with the latter priced at $12 per user per month.

By becoming a Calendly affiliate partner, you have the opportunity to earn a recurring commission of 15% on referrals for both monthly and annual subscriptions. This ongoing commission structure remains active for a duration of one year for each referred customer. This should be included in your list of best affiliate programs for Pinterest.

72. Wordable

Wordable
Image by wordable.io

Wordable serves as a valuable application tailored to content managers and blog editors, streamlining the process of transferring information and articles from Google Docs to WordPress. This tool significantly simplifies the task of moving content from a collaborative workspace to your preferred publishing platform.

Diverse subscription options are provided by Wordable, ranging in cost from $49 to $999 per month. This ensures that businesses of all sizes can discover a suitable plan that aligns with their needs and capacity.

By participating as an affiliate partner with Wordable, you stand to gain a 30% commission for every fresh sign-up, in addition to a 30% commission for each plan renewal. This commission structure remains applicable for the initial year of customer acquisition. Subsequently, your commission rate will adjust to 15% for all subscription renewals.

73. Loom

Loom
Image by loom.com

Loom stands out as one of the most user-friendly video messaging platforms accessible today. This platform empowers users to effortlessly exchange video messages, capturing footage from their camera, microphone, and desktop activity simultaneously. Moreover, it facilitates rapid uploading and sharing of these videos with minimal delay. This is one of the best affiliate programs for Pinterest.

Through Loom’s Creator Program, participants can secure a 15% ongoing commission for each new paying customer they bring to Loom during the customer’s inaugural year. This initiative equips participants with a range of promotional materials such as visual content, platform snapshots, and informative documents. The program utilizes cookies that remain active for a duration of 90 days.

Also Read: AliExpress Affiliate Program Review: How to Make $1000 a Month?

74. AWeber

AWeber
Image by aweber.com

This should be included in your list of best affiliate programs for Pinterest. AWeber serves as an email marketing tool that equips users with a comprehensive set of resources to foster the growth of their email list, engage their audience effectively, and ultimately enhance sales performance. The platform employs a subscription-based pricing model, determined by the number of subscribers within an account. For instance, if your user base consists of 500 individuals, AWeber would apply a fee of $19 per month. Should your subscriber count scale up to 100,000, the monthly charge would amount to $369.

AWeber extends an affiliate program that grants participants a 30% commission on recurring referrals. This commission is applicable as long as the referred customers uphold their subscription renewals. To put it in perspective, let’s consider a scenario: if you manage to refer five individuals to enroll in a Pro membership, priced at $19.99 per month, you stand to potentially earn $360 annually. This earning potential persists as long as those five referrals continue to renew their subscriptions, without necessitating any additional effort on your part.

75. ShareASale

ShareASale
Image by shareasale.com

ShareASale stands out as an affiliate marketing network featuring a vast selection of over 2,500 programs for individuals to explore. One of its key appeals lies in its free registration and user-friendly interface, which proves highly beneficial for those new to affiliate marketing. Boasting a substantial number of merchant partners, ShareASale ensures that regardless of your chosen niche, you’ll discover pertinent products and services to endorse.

An attractive facet of ShareASale’s affiliate program is the diverse range of commission rates determined by the respective merchants. What adds to its allure is the platform’s collaborations with content creators and technology allies. Nevertheless, it’s important to note that ShareASale has a somewhat restricted array of payout options, and becoming an affiliate necessitates the ownership of a website.

76. Commission Junction (CJ)

Commission Junction (CJ)
Image by cj.com

CJ emerges as a prominent player among affiliate networks, commanding an 8.14% share of the industry market. The company has forged partnerships with major corporate names including Priceline, Overstock, and Barnes & Noble. Impressively, CJ disburses more than $1.8 billion annually in affiliate commissions.

Enrollees in CJ’s affiliate program, known as publishers, gain entry to a portfolio of renowned brands and valuable data that facilitate the profitable monetization of their online ventures. The commission rates are variable, contingent upon the rates established by advertisers. This is one of the best affiliate programs for Pinterest.

Complementing these offerings, CJ furnishes an array of advanced tools and capabilities. These encompass features such as ad and content monetization, all-encompassing tracking across multiple channels, and a streamlined onboarding process that simplifies program participation and fosters effortless sales generation through a singular click.

77. Clickbank

Clickbank
Image by clickbank.com

ClickBank stands out as one of the pioneering and best affiliate programs for Pinterest, boasting a global community of over 100,000 affiliates. Since its establishment in 1999, it has disbursed commissions exceeding $5 billion. The sign-up process for ClickBank is notably straightforward, bypassing extensive verification procedures. Upon registration, you gain swift access to crafting affiliate links and generating income.

Within ClickBank’s affiliate program, a diverse array of digital products is on offer, catering to various niches. While competition among affiliates is formidable, the platform allows you the flexibility to endorse multiple products, thereby amplifying your earnings potential. Commission rates tend to vary, although the prevailing average falls within the range of 50% to 70%.

78. Robinhood

Robinhood
Image by robinhood.com

Robinhood operates an affiliate program within the Finance sector, offering commissions that can reach up to $20 for each funded account on the Direct track. In comparison to its competitors, both Robinhood and alternative platforms have distinct incentives for leads versus funded accounts. Leads are typically characterized as users who register an account using their email, while funding the account involves the step of linking a bank account.

Despite this, Robinhood’s user community continues to expand. The platform initiated the zero-commission trading trend and is commended for its user-friendly interface and extensive array of investment opportunities. It is advised to gauge your audience’s perceptions before endorsing Robinhood, to better understand the prevailing sentiments toward the platform.

79. Field Agent

Field Agent
Image by fieldagent.net

Another profitable app you might consider is the Field Agent app. This mobile application made its debut on April 17th, 2010, and secured 3,000 downloads in just 20 minutes. This is one of the best affiliate programs for Pinterest.

Currently, the app boasts an impressive user base exceeding 1 million individuals. These users have the opportunity to earn actual money by engaging in straightforward tasks like becoming mystery shoppers, participating in quick surveys, carrying out product audits, and testing novel products.

These uncomplicated tasks offer a means for anyone to supplement their income, rendering the Field Agent app an excellent candidate for promotion on platforms such as Pinterest. To access your personalized referral link, all you need to do is download the Field Agent app and locate it within your account settings.

Regarding the referral program, you stand to gain a commission rate of 10% for every successfully completed job by your referred individuals. This commission can reach up to $10 per referral.

80. Ibotta

Ibotta
Image by ibotta.com

This application serves as a cashback rewards platform for groceries and can be utilized at numerous major grocery store chains. It ranks high among my preferred options for promotion on Pinterest due to its impressive conversion rates.

There are eight distinct methods to generate income through it, alongside benefiting from grocery savings. For those eager to establish a strong presence on Pinterest from the get-go, you can craft a comprehensive blog post that outlines a wide array of money-making apps. Seamlessly incorporate your affiliate links where relevant and subsequently repin the article on Pinterest to facilitate effortless affiliate sales.

Upon downloading the Ibotta app, users gain instant access to a referral code, which can be shared with friends, family, and acquaintances. Each referred individual who downloads the app and completes a qualifying offer translates to a $10 referral commission for you.

Furthermore, there exists an alternate avenue for generating affiliate income through Ibotta—their Influencer program. By participating in this program, you can earn a $2 commission for every person who simply downloads the app, even without the necessity of redeeming an offer. This should be included in your list of best affiliate programs for Pinterest.

81. SiteGround

SiteGround
Image by siteground.com

Established in Bulgaria in 2004, SiteGround stands as a prominent web hosting company offering a diverse array of services. With a current foothold in hosting just over 2% of global websites, SiteGround enjoys widespread recognition.

Given its significant revenue potential, the web hosting niche has attracted numerous affiliates over time. Entry into SiteGround’s Pinterest affiliate program doesn’t necessarily hinge on owning a website; rather, the requirement is having a viable method to direct potential SiteGround customers via your affiliate link. This approach could encompass channels such as email marketing, YouTube, Instagram, or other creative avenues.

The SiteGround affiliate program employs a graduated commission structure that escalates as your referred sales volume increases. This system benefits high-performing affiliates, boosting their online earning potential. The structure operates as follows:

  • For 1 to 5 monthly sales: $50 per sale
  • For 6 to 10 monthly sales: $75 per sale
  • For 11 to 20 monthly sales: $100 per sale
  • For 21 or more monthly sales: Customized commissions

Commissions are applicable for the following service categories: Shared hosting, Cloud hosting, and Reseller hosting. Notably, services such as domain name registration do not fall within this commission structure and will not yield affiliate earnings.

82. Hostgator

Hostgator
Image by hostgator.in

HostGator stands as a prominent hosting provider renowned for its budget-friendly hosting plans. Currently, it empowers a vast network of over 2 million websites across the globe. The Pinterest affiliate program provided by HostGator for web hosting presents an excellent opportunity to monetize the traffic on your website by offering some of the most competitive referral commissions in the industry. You have the flexibility to direct potential customers to HostGator through your affiliate links placed on your website, social media platforms, email listings, and other channels.

Incorporating HostGator’s affiliate program into your strategy grants you access to personalized coupons and affiliate links. These tools can be effectively utilized to endorse the HostGator brand in your content. Collaborating with HostGator proves to be mutually beneficial: HostGator gains increased business, while you earn attractive cash incentives. This partnership involves a well-structured payment system that rewards performance, ensuring a starting payout of $65 for each eligible sign-up.

Within HostGator’s framework, the payout process is both transparent and easily navigable, allowing potential earnings of up to $125 per successful sale. Furthermore, HostGator boasts hosting plans that are not only exceptionally cost-effective but also compelling enough to persuade individuals to consider signing up for their hosting services. This is one of the best affiliate programs for Pinterest.

83. A2 Hosting

A2 Hosting
Image by a2hosting.com

A2 Hosting offers a comprehensive range of features that align with the expectations of a premium web hosting service. This includes impressive uptime statistics and a team of friendly and well-informed customer service representatives. Notably, their hosting packages, particularly those designed for WordPress, stand out for their robustness, making A2 Hosting the preferred choice for anyone constructing a website based on the WordPress platform.

For those engaged in affiliate marketing on Pinterest, utilizing A2 Hosting brings forth numerous advantages. Affiliates are furnished with dedicated landing pages by the brand itself. The affiliate management system is highly proactive and responsive, ensuring a meticulous triple tracking process that guarantees commission for each and every referral made.

Attaining 21 sales within a month opens the door to potential earnings of up to $125 per sale, a value that can undoubtedly escalate with a track record of consistently driving more than 21 sales monthly. This places a significant emphasis on building trust and rapport, which can substantially amplify the potential for higher earnings. This should be included in your list of best affiliate programs for Pinterest.

84. Beautylish

Beautylish
Image by beautylish.com

Beautylish is a renowned brand and online store that offers an extensive range of exclusive health and beauty items sourced from nearly 100 well-known and niche brands in the industry. Catering to various beauty and makeup needs, their product lineup encompasses everything from makeup and fragrances to hair products and tools. Despite the premium pricing of Beautylish’s catalogue, they also feature a diverse selection of affordable options from niche brands.

The Beautylish Pinterest affiliate program covers the standard categories of beauty and makeup products. However, what sets them apart is their knack for discovering emerging brands, fostering a dedicated community that appreciates alternatives to more established names. By becoming a partner in the Beautylish program, you have the opportunity to generate substantial profits from their upscale product offerings, backed by a generous commission structure.

Participating in the Beautylish affiliate program allows partners to earn commissions of up to 10% on each sale. This initiative incorporates a 30-day tracking cookie, along with an array of creative and marketing resources. These resources empower partners to enhance their conversion rates, swiftly integrate promotions into their blogs or campaigns, and effectively tap into Beautylish’s passionate customer base.

85. SocialPilot

SocialPilot
Image by socialpilot.co

SocialPilot stands out as a prominent social media tool in the current landscape. It boasts popularity among professionals from various brands who utilize its features to tailor their posts, analyze their performance metrics, interact with potential clients, and foster teamwork among their colleagues. The exciting aspect is the availability of a 14-day trial period, enabling anyone to explore its offerings without committing any upfront financial resources to a subscription

The management of all affairs related to the Pinterest affiliate program occurs through PartnerStack, a dedicated network meticulously crafted for this very purpose. Unlike other platforms where manual search and enrollment into programs are the norm, it facilitates seamless communication and remuneration between brands and their affiliates.

You have the opportunity to earn a 20% commission from the purchases made by individuals you refer to the website. Significantly, this commission remains consistent and recurring throughout the entirety of the referred person’s subscription. This means that each time your referrals renew their plans, you continue to receive a 20% share.

While the commission rate might not be the most remarkable compared to some higher offers, the recurring nature of the commission is undoubtedly a strong advantage. This sets the program apart and makes it one of the best affiliate programs for Pinterest, as not many affiliate programs extend their compensation to cover renewals.

86. Adobe

Adobe
Image by adobe.com

This should be included in your list of best affiliate programs for Pinterest. Adobe, a prominent US-based software company, offers a range of services encompassing content and application creation, delivery, and optimization. Their globally recognized software includes video, design, photo, and UI/UX applications like Adobe Photoshop, Adobe Illustrator, and Adobe Acrobat, among others.

The affiliate program provided by Adobe presents a substantial avenue for monetization, supported by a well-structured commission system. This initiative enables affiliate marketers to promote Adobe’s Creative Cloud, Document Cloud, and Adobe Stock. Equipped with a variety of pre-designed banners, advertisements, and links, affiliates are empowered to effectively market these products. The program also features periodic bonuses and incentives, designed to uplift affiliate spirits. Additionally, real-time data is offered to refine and enhance affiliate marketing endeavours.

  • Promoting Creative Cloud and Document Cloud entitles affiliates to earn an 85% commission on the initial monthly payment made by the referred customer.
  • Should the referral opt for an annual subscription, the affiliate receives an 8.33% commission.
  • In the case of Adobe Stock promotion, affiliates can secure a $72 commission for each new monthly subscription generated.
  • An annual subscription leads to an 8.33% commission.

87. Rank Math

Rank Math
Image by rankmath.com

The Rank Math SEO plugin, available for free, serves as a valuable tool for optimizing your content to achieve better search engine rankings. It provides comprehensive guidance on enhancing your posts for improved visibility. This includes the ability to optimize your content for up to five keywords, track your search result rankings, and seamlessly integrate with social media platforms like Facebook and Twitter. These features collectively empower you to elevate your SEO endeavours effectively.

Similar to many other Pinterest affiliate programs, Rank Math offers compensation to affiliates who bring in new customers. You have the opportunity to refer acquaintances, fellow bloggers, clients, or peers to Rank Math and receive monetary rewards in return. It is advised to explore the free or PRO version of Rank Math before commencing your promotional activities.

By participating in the Rank Math affiliate program, you stand to earn a 30% commission for each successful sale you drive. The potential for revenue growth is substantial, as the more customers you refer, the more income you can generate. The payment structure involves monthly disbursements and operates on a first-click cookie attribution principle. This signifies that you will receive commissions for directing visitors to Rank Math, regardless of the specific referral link they use during their purchase.

88. Bob’s Watches

Bob’s Watches
Image by bobswatches.com

Bob’s Watches operates as an online retailer specializing in pre-owned luxury watches. This platform caters to individuals with interests in fashion, vintage items, and overall luxurious products, making it an attractive option for potential affiliates.

Affiliate partners stand to gain a 5% commission on all successful watch sales. However, it’s important to note that commission earnings are capped at $1,000 for watches exceeding $20,000 in value. On a positive note, Bob’s Watches maintains an average customer order value of approximately $8,000. This is one of the best affiliate programs for Pinterest.

To facilitate the Pinterest affiliate program, Bob’s Watches employs the Pepperjam affiliate network. It’s crucial to be aware that the platform enforces a minimum threshold of $25 in affiliate commissions before processing payments to your account.

Also Read: 22 Best Affiliate Marketing Websites

The above listed companies offer excellent programs for beginners as well as experienced affiliate marketers, through which you can maximize your potential earnings and engagement. The majority of these programs operate through reputable networks, with simple registration process, user-friendly interface and an amazing work experience.

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Groww US Stocks Review https://moneymint.com/groww-us-stocks-review/ https://moneymint.com/groww-us-stocks-review/#respond Mon, 04 Sep 2023 11:48:31 +0000 https://moneymint.com/?p=41403 Through Groww app, you can easily invest in US stocks and earn great profits.

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In the contemporary world, investing in US stocks is one of the easiest ways to increase wealth. Numerous apps are available in the market through which you can invest in such assets without any hassle – Groww is one of them. Investing is as simple as online shopping through this platform. In this article, we will conduct an in-depth Groww app review, focusing on its insights and trends to help you make wise decisions about your investment journey.

What is Groww?

Groww is a Bangalore-based discount brokerage that was established in 2016. Groww started off as a totally free tool for investing directly in mutual funds. Groww is the best broker for mutual fund investments because of its online platform, which consists of an app and a website that allows customers to invest directly in mutual funds from more than 45 asset management organisations with no brokerage or commission.

Having been registered with the Securities and Exchange Commission (SEC) as a securities broker dealer, Groww is a securities broker dealer. In addition to being a member of FINRA, Inc. and Securities Investors Protection Corporation (SIPC), the company is also a member of other necessary regulatory agencies. With Groww’s broker partner (VTS), you can invest as little as 0.0001 shares of any company. Keep in mind that you cannot trade; you can only invest.

Groww US Stocks Review

Groww US Stocks website
Image by groww.in

You can initiate your investment journey in US stocks through Groww without any initial account fees, and you can trade without incurring any brokerage or commission charges. On the platform, you’ll find renowned stocks such as Amazon, Tesla, Microsoft, Facebook, and more, allowing investors to tap into the success of global giants.

Features of Groww

  • Account opening is a completely digital process, conducted exclusively through the mobile app.
  • Investing in Groww US stocks is currently limited to their web application, as they do not offer a dedicated PC app. To access its US stock offerings, users must use a web browser like Google Chrome.
  • Through this web portal, Groww grants access to a diverse range of over 3000 US stocks and ETFs.
  • Trading Groww US stocks is made possible through their partnership with Viewtrade Securities (VTS), a US-based brokerage firm, allowing investors to explore popular tech giants.
  • One significant advantage of Groww is the absence of account opening fees and Demat account upkeep charges.
  • The platform stands out by not imposing any brokerage fees for Indian investors when investing in Groww US stocks.
  • It’s worth noting that there is a $9 fee for each withdrawal made to the partner bank in the USA.
  • Additionally, Groww provides flexibility by allowing investors to purchase fractional shares of stocks, enabling them to invest in a portion of a stock rather than acquiring the entire share.

Also Read: Groww Review: Good, Bad, or Ugly?

How to Start Investing in Groww US Stocks?

Investing in Groww US stocks can be initiated through a simple three-step process:

1. Activation: Begin by activating your international trading account with Groww. This step is quick and free, typically taking less than 5 minutes to complete the application.

2. Funding: Next, you can fund your Groww USD balance by transferring funds from your bank account to the designated US-based beneficiary account.

3. Fractional Share Investing: Groww provides the flexibility of fractional share investing. This means you’re not obligated to purchase whole shares; you can invest in even less than one share if that suits your strategy. Both market and limit orders are supported to cater to your trading preferences.

How to Open Account on Groww US Stocks?

Step 1: Download the Groww application or access the Groww website.

Step 2: Register using your email address and mobile number.

Register using your email address
Image from Groww App

Step 3: Verify your mobile number by entering the received OTP.

Verify your mobile number
Image from Groww App

Step 4: Provide your PAN number to confirm your identity.

Provide your PAN number
Image from Groww App

Step 5: Enter your banking details including the IFSC code and account number. Confirm and verify the provided bank details.

Enter your banking details
Image from Groww App

Step 6: Review the information regarding applicable charges, and if in agreement, proceed by checking the tick box.

Step 7: Enter your occupation, income details, names of parents, and tap on Proceed to finalize the KYC procedure.

Enter your occupation
Image from Groww App

Step 8: Choose your level of trading experience from the provided options and tap on Proceed.

Choose your level of trading experience
Image from Groww App

Step 9: Tap on Proceed for KYC to upload the documents on DigiLocker.

Tap on Proceed for KYC
Image from Groww App

Step 10: Create your signature on white paper using dark ink, take a photo of it, and upload it. Utilize your Aadhar for e-Signature on the account opening form.

Utilize your Aadhar for e-Signature
Image from Groww App

Step 11: Enter the OTP received on your linked mobile number for verification.

Step 12: Read and follow the instructions on the account opening form, then tap on Sign Now.

Step 13: Input your Aadhar number on the NSDL E-sign service portal and request an OTP.

Step 14: Complete the account opening process by entering the OTP.

The account activation typically occurs within a few hours once document verification is completed by the broker.

Note: If your mobile number is not connected to your Aadhaar number, you have the option to provide an Aadhaar number that is linked to an available mobile number. This will allow you to receive the OTP required for e-signing. Alternatively, if this isn’t possible, you’ll need to send us a properly signed physical form for the purpose of trading and demat account opening.

Documents Needed to Open Groww US Stocks Account

You need to submit only 2 documents to open your US stocks account: an address proof and your PAN card. Your documents are then verified by the US broker-dealer partner ViewTrade before account activation. Also, during the account opening process, you’ll need to select a bank account for all future USD transactions. Choosing HDFC, ICICI, IDFC, or Kotak Mahindra bank is recommended for an easy and 100% online funding process.

Things to Consider Before Buying Groww US Stocks

Investors seeking opportunities in the US markets, renowned for hosting some of the most innovative and wealth-generating tech businesses, are often attracted by the low correlation between US and Indian equity markets. However, before diving into investment decisions, particularly when situated in India, it’s crucial to familiarize oneself with the US market’s operation and structure.

1. Exchange Rate Considerations

When investing in Groww US stocks as an Indian investor, it’s crucial to consider the fluctuations in currency exchange rates between the US dollar and the Indian rupee. This is because any profit or loss experienced by the investor will be influenced by the exchange rate at the time of converting those gains or losses into Indian rupees. The movements in currency exchange rates will directly affect the returns or losses of the investment.

It’s worth noting that exchange rates can be highly volatile and are influenced by a multitude of economic, political, demand, and supply-related factors. Over the past few years, the Indian rupee has exhibited a consistent downward trend against the US dollar.

2. Taxes

taxes

India and the United States have a Double Tax Avoidance Agreement (DTAA), which ensures that the same income is not subject to taxation in both countries. When it comes to investments in US stocks from an Indian perspective, the duration for which an investment is held is a crucial factor. Returns from Groww US stocks are classified into two categories: Long Term Capital Gains (LTCG) and Short Term Capital Gains (STCG).

LTCG tax applies when US stocks are held for more than two years, equivalent to 24 months. On the other hand, stocks sold before this 24-month threshold are considered STCG and are taxed according to the investor’s income tax bracket.

Regarding dividends received by investors for their US stock holdings, the US imposes a 25% tax on these dividends, which is deducted before distribution. However, thanks to the DTAA, this income can be utilized to offset the income tax liability in India. Essentially, the 25% tax withheld in the US can be claimed as a Foreign Tax Credit in India.

3. Regulatory Framework

The United States stock market stands as one of the world’s oldest and most well-established financial markets, renowned for its efficiency, transparency, and stringent regulations. It is home to some of the largest corporations globally, measured by market capitalization, revenue, and profits, many of which have extensive international reach and operational presence, offering a global dimension to the market.

Established in 1934, the Securities and Exchange Commission (SEC) serves as the governing body responsible for overseeing the operations of the US stock markets. Its primary mission is to ensure the rigorous enforcement of laws and regulations that establish the highest standards of transparency and integrity. This commitment to upholding such standards is crucial for maintaining the trust and confidence of investors and safeguarding their interests.

4. Additional Charges

Investing directly in the US stock markets comes with associated costs, primarily because all investments initially require conversion into US dollars. When setting up your account, you’ll need to transfer funds to the foreign brokerage, incurring a currency conversion charge at this stage. Subsequently, you’ll encounter expenses related to account maintenance and transactions, which can vary depending on the specific platform.

Transaction fees can be flexible, based on a percentage of the total traded amount or volume, or fixed as per your client relationship. If you engage in frequent trading, you’ll accumulate more charges due to multiple transactions and fund transfers in and out of your account. This also entails multiple remittances and currency conversion charges. Additionally, there may be associated bank account costs. It’s advisable to carefully review all the details in the terms and conditions to fully understand these expenses.

5. Limit of Fund by RBI

Investing in Groww US stocks from India is subject to the regulations set forth by the Reserve Bank of India’s Liberalised Remittance Scheme (LRS), which permits a maximum annual investment of $250,000 per investor. This limit encompasses all funds sent abroad for purposes such as education, travel, purchases, and other international transactions throughout the year.

Prior to initiating investments in US stocks, individuals must ensure their brokerage account is adequately funded. To do so, investors are required to complete Form A-2, which can be obtained from RBI authorized dealers. If there is a need to invest an amount exceeding the $250,000 limit, obtaining permission from the RBI is mandatory.

Also Read: Is it Safe to Invest through Groww App?

Groww US Stocks Charges

calculating charges

Using Groww for investing in US stocks comes with no associated costs. Groww provides its services completely free of charge, without any hidden fees. This includes various aspects such as opening and maintaining your account, as well as opening and maintaining a Demat account. However, it’s important to be aware of two types of taxes that come into play when trading Groww US stocks from India:

  • Dividend Taxes: When you receive dividends from US equities, you need to consider the tax implications on these earnings for your US assets in India. These dividends are subject to a flat 25% tax rate. To illustrate, if a company declares a $100 dividend, you will receive $75 after this tax deduction. It’s worth noting that this tax rate is lower than what foreign investors typically face in the US, thanks to the tax treaty between India and the USA.
  • Capital Gains Tax: Another aspect to consider is the capital gains tax related to your US stock trading activities. In the United States, capital gains are generally not taxed. In simpler terms, if you buy shares for $500 and sell them for $800, you won’t owe any tax on the $300 profit you made in the US. However, you will be liable to pay taxes on this gain in India.

Some additional charges include:

USD-INR Exchange Rate As Applicable by Your Bank
Bank Charges on Adding Dollars As Applicable by Your Bank
Withdrawal Charges $0 for the first withdrawal, afterwards $9/withdrawal
Exchange fee $0.02 per sell transaction, charged by the exchange.

Also Read: How to Use Groww App?

INDMoney vs Groww for US Stocks

INDMoney is a comprehensive financial management platform that offers users a convenient and efficient way to oversee their finances, investments, and more, all from a single interface. Leveraging the capabilities of automation and machine learning, INDMoney empowers individuals to plan, save, and invest wisely.

Launched in 2019, INDMoney is designed to streamline and simplify personal finance management. It provides users with the ability to effortlessly monitor their financial activities, invest in a diverse range of products without incurring commissions, and efficiently handle tax matters, loans, investments, expenses, and other financial aspects through a unified app.

One notable feature is the option to include family members within the platform, allowing users to easily track their loved ones’ investments and financial activities from a single dashboard. INDMoney is accessible on both desktop and mobile platforms, offering users the flexibility to manage their financial portfolio wherever they are. Additionally, it’s worth mentioning that INDMoney is a SEBI-registered investment advisory, ensuring that users receive credible financial guidance.

INDMoney stands out by exclusively offering direct mutual funds, eliminating the need for users to pay commissions when investing in their chosen mutual funds. Furthermore, it provides the opportunity to invest in US stocks, placing it in direct competition with platforms like Groww.

INDMoney US Stocks

With INDMoney’s zero-commission investment platform for US equities accessible from India, you have the opportunity to trade and invest in American stocks effortlessly. You can start your investment journey in thousands of US equities with as little as Rs. 100, and receive tailored advice based on your unique investment goals, plans, and financial situation.

Thanks to the collaboration between SBM Bank and INDMoney, you can transfer funds to your American investment account at no extra cost. You can easily open a 2-in-1 INDMoney super saver account, powered by SBM Bank, without incurring any fees.

This all-in-one savings account not only provides you with the most favorable INR-to-USD conversion rates but also allows you to send INR to the United States without worrying about any additional forward remittance or transaction fees. Furthermore, INDMoney offers the lowest withdrawal fee in the industry at just $5 for redeeming US stocks. Plus, it’s free to withdraw American stocks valued at over $2,000.

Groww US Stocks

US Stocks

Groww offers a user-friendly registration process that doesn’t require any upfront fees, enabling you to swiftly embark on your investment journey in American equities. Notably, Groww refrains from imposing any annual maintenance charges, and you can activate your overseas trading account without incurring any expenses.

Furthermore, Groww allows you the flexibility to invest in fractional shares of American equities. To fund your investments, you need to initiate standard online banking wire transfers, though please be aware that some minor currency transaction fees may be applied by your bank. It’s worth noting that Groww may not consistently provide the most favorable INR to USD exchange rates. While there are no fees associated with your initial withdrawal of Groww US stocks and equities, subsequent withdrawals are subject to a $9 fee.

Let’s take a closer look at the differences between various features of the two platforms.

Parameters INDMoney Groww
User Interface Simple user interface that presents all goods in a logical order. Groww’s user interface is extremely clean, to-the-point, and visually appealing.
Stock Analysis Comprehensive and organized examination of stocks in both the Indian and American markets. Robust stock analysis instrument designed to assist traders in comprehending the dynamic price movements of various stocks and predicting their future directions.
Dashboard User-friendly dashboard that presents a comprehensive list of companies categorized into large-cap, mid-cap, and small-cap. Groww’s stock analysis dashboard provides users with real-time market updates, enabling them to recognize market trends, signals, and optimal entry and exit points instantly.
Tools Available Simple to use and do not require any financial skill. Explained in depth for each product, and divided into categories.
Educational Resources INDMoney features a specialized section designed to educate individuals comprehensively on the topics of investing and finance. Groww boasts a strong blog section encompassing a wide array of articles spanning stocks, mutual funds, and various aspects of the financial realm.
Broker Drive wealth View trade
Time taken for Opening Account Few hours 2-7 days
Freebies Offered $10 referral on account funding. $10 funding the account.
Stocks and EFTs 1000+ less than 1000.
Account Opening Fees Zero Zero
AMC Zero Zero
Brokerage Fees Zero $0.02 per sell
Deposit 18% GST 500 – 1000
Withdrawal Fees $5 $9
Exchange Fees 0 $0.02
Live chat NA Yes

Pros of Groww App

  • A user-friendly interface that simplifies investing and trading, making it accessible for beginners.
  • Offers a free demat account with no account opening fee or annual maintenance charges, making it cost-effective.
  • Provides a wide range of investment options, including direct mutual funds, stocks, futures and options (F&O), Sovereign Gold Bonds (SGBs), and IPOs, allowing for diversified portfolios.
  • Low brokerage fees help users save on trading costs, making it an affordable choice.
  • Integrates additional features like Groww Pay and Instaloan to enhance financial management capabilities.
  • Improved customer service support ensures assistance when needed.

Cons of Groww App

  • Lack of commodity and currency trading options, limiting the diversity of investment choices.
  • The option to invest in Groww US stocks is only available on the web portal, which may inconvenience mobile app users.
  • Brokerage charges for equity delivery trading can be relatively high, potentially making it less attractive for novice investors concerned about costs.

Also Read: All About Groww Stocks: Pricing and Features

Groww provides an accessible avenue into the US stock market to diversify your portfolios. Due to its user-friendly interface, extensive tools, and flexible pricing, it has emerged as the top choice among investors across several countries.

Source: Groww US Stocks Help

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