Tag Archive for: United States

Value of global intangible assets falls by 25%

15 November 2022
  • Apple takes over top spot to become world’s most intangible company; Microsoft falls to third as Saudi Aramco is second
  • Oil and Gas is stand-out sector for intangible gains, up 52%
  • China and United States lead fall in intangible values

View the full Brand Finance GIFT™ 2022 Ranking here

The value of intangible assets owned by the world’s largest companies has fallen by 25%, according to a new report published by Brand Finance, the world’s leading brand and intangible asset valuation consultancy. The new analysis has found that global intangible value has followed the trend seen in previous financial crises and has now declined 25% year-on-year, from US$76 trillion in 2021 to US$57 trillion in 2022.

Every year, the Brand Finance Global Intangible Finance Tracker (GIFT™) report tracks the value of the world’s largest companies by intangible asset value. Intangible assets are identifiable, non-monetary assets without physical substance. Intangible assets can be grouped into three broad categories – rights (including leases, agreements, contracts), relationships (including a trained workforce), and intellectual property (including brands, patents, copyrights).

This year’s fall in the value of intangible assets resembles the 27% decline in total intangible value in 2011 but is only half as big as the 59% decline observed in 2008 in connection with the global financial crisis.

David Haigh, CEO & Chairman, Brand Finance commented:

It is important for businesses to understand the value of intangible assets. Brand Finance’s new data highlights the volatility of market values of firms when so much value is left unaccounted for. Investors should be concerned that these intangibles undisclosed, which could indicate they are also insufficiently supported and managed. 

  • Apple takes over top spot; Microsoft falls to third as Saudi Aramco is second

Apple (intangible assets up 23% to US$2,297 billion) has taken top spot as owning the world’s most valuable intangible assets, up from 2nd last year. Saudi Aramco (intangible assets up 9% to US$1,786 billion) has risen one place from 3rd to 2nd, while Microsoft (intangible assets down 17% to US$1,586 billion) has fallen from 1st to 3rd.

UnitedHealth Group (intangible assets up 35% to US$526 billion) is one of the big winners this year, entering the global top ten rankings at 7th, a big jump from 13th last year.

  • Oil and Gas is stand-out sector for intangible gains, up 52%

With most economic sectors suffering a fall in intangible asset value, Oil & Gas was the significant outlier with a 52% increase in intangible asset value. The growth in the Oil & Gas sector is largely driven by the increase in global oil prices and three companies: Exxon Mobil (intangible assets up 268% to US$292 billion), Chevron (intangible assets up 197% to US$222 billion) and Saudi Aramco (intangible assets up 9% to US$1,786 billion).

  • China and United States lead fall in intangible values

China (down 39%) and the United States (down 27%) are the countries accounting for the largest intangible value decreases. The United States accounts for nearly two thirds of global intangible value (61%), with China having the second largest contribution equalling 5% of global intangible value.

View the full Brand Finance GIFT™ 2022 Ranking here 

 Brand Finance

The Brand Finance Global Intangible Finance Tracker (GIFT™) report is the world’s most extensive annual research exercise into intangible assets, considering over 59,000 publicly quoted companies (with a total value of over US$120 trillion) across 150 jurisdictions.

In its analysis, the Brand Finance Global Intangible Finance Tracker (GIFT™) report provides detailed insight into intangible value reporting by company, sector, and country. Graphs, additional insights, and opinion pieces by our experts can be found in the report.

El valor de los activos intangibles cae un 25% según Brand Finance

15 November 2022
  • Apple ocupa el primer puesto; Saudi Aramco el segundo y Microsoft cae a la tercera posición.
  • Petróleo y el Gas es el sector que más crece en intangibles, con un aumento del 52%.
  • China y Estados Unidos lideran, los países que más caen en valor de intangibles.

Accede al informe completo Brand Finance GIFT 2022 aquí

En Madrid a 15 de noviembre de 2022.- El valor de los activos intangibles de las mayores empresas del mundo ha caído un 25%, según un nuevo informe Global Intangible Finance Tracker (GIFT ™) publicado por Brand Finance, la consultora líder mundial en valoración de marcas y activos intangibles. El nuevo análisis ha descubierto que el valor intangible mundial ha seguido la tendencia observada en anteriores crisis financieras y ha disminuido un 25% interanual, pasando de 76 trillones de dólares en 2021 a 57 trillones en 2022.

Si lo comparamos con otras crisis, la caída de este año en el valor de los activos intangibles se asemeja al descenso del 27% que sufrieron en 2011, pero es solo la mitad del descenso del 59% observado en 2008 cuando se produjo la crisis financiera mundial.

David Haigh, director general y presidente de Brand Finance, comentó: “Es importante que las empresas comprendan el valor de los activos intangibles. Los nuevos datos de Brand Finance ponen de manifiesto la volatilidad de los valores de mercado de las empresas cuando se deja tanto valor sin contabilizar. A los inversores debería preocuparles no sólo que estos intangibles no se contabilicen, sino que eso podría indicar que tampoco están suficientemente respaldados y gestionados.”

Apple ocupa el primer puesto; Saudi Aramco el segundo y Microsoft cae a la tercera posición.

Apple (sus activos intangibles han aumentado un 23%, hasta los 2.297 billones de dólares) se ha colocado en primera posición como marca propietaria de los activos intangibles más valiosos del mundo, subiendo desde la segunda posición del año pasado. Saudi Aramco (activos intangibles, con un aumento del 9%, hasta los 1.786 billones de dólares) ha subido un puesto, pasando del 3º al 2º, mientras que Microsoft (activos intangibles, con un descenso del 17%, hasta los 1.586 billones de dólares) ha caído del 1º al 3º.

UnitedHealth Group (activos intangibles por valor de 526 billones de dólares, un 35% más) es uno de los grandes destacados este año, ya que entra en la lista de los diez mejores del mundo en el puesto 7, lo que supone un gran salto desde el 13 del año pasado.

Petróleo y el Gas es el sector que más crece en intangibles, con un aumento del 52%.

Mientras que la mayoría de los sectores económicos sufren una caída en el valor de los activos intangibles, el sector del petróleo y el gas es el que más crece, con un aumento del 52% en el valor de los activos intangibles. El crecimiento en el sector del petróleo y el gas se debe en gran medida al aumento de los precios del petróleo a nivel mundial y a tres empresas: Exxon Mobil (los activos intangibles aumentaron un 268%, hasta 292 billones de dólares), Chevron (los activos intangibles aumentaron un 197%, hasta 222 billones de dólares) y Saudi Aramco (los activos intangibles aumentaron un 9%, hasta 1.786 billones de dólares).

China y Estados Unidos lideran, los países que más caen en valor de intangibles.

China (con un 39% menos) y Estados Unidos (con un 27% menos) son los países que registran los mayores descensos del valor intangible. Estados Unidos representa casi dos tercios del valor intangible mundial (61%), y China tiene la segunda mayor contribución, con un 5% del valor intangible mundial.

Accede al informe completo Brand Finance GIFT 2022 aquí

Cada año, la consultora líder en valoración de marcas, Brand Finance, lleva a cabo una evaluación anual del valor de los activos intangibles mundiales como parte del Global Intangible Finance Tracker (GIFT). La clasificación completa, los datos adicionales, los gráficos, más información sobre la metodología y las definiciones de los términos clave están disponibles en el informe Brand Finance GIFT 2022.

Value of global intangible assets falls by 25%

15 November 2022
  • Apple takes over top spot to become world’s most intangible company; Microsoft falls to third as Saudi Aramco is second
  • Oil and Gas is stand-out sector for intangible gains, up 52%
  • China and United States lead fall in intangible values

View the full Brand Finance GIFT™ 2022 Ranking here

The value of intangible assets owned by the world’s largest companies has fallen by 25%, according to a new report published by Brand Finance, the world’s leading brand and intangible asset valuation consultancy. The new analysis has found that global intangible value has followed the trend seen in previous financial crises and has now declined 25% year-on-year, from US$76 trillion in 2021 to US$57 trillion in 2022.

Every year, the Brand Finance Global Intangible Finance Tracker (GIFT™) report tracks the value of the world’s largest companies by intangible asset value. Intangible assets are identifiable, non-monetary assets without physical substance. Intangible assets can be grouped into three broad categories – rights (including leases, agreements, contracts), relationships (including a trained workforce), and intellectual property (including brands, patents, copyrights).

This year’s fall in the value of intangible assets resembles the 27% decline in total intangible value in 2011 but is only half as big as the 59% decline observed in 2008 in connection with the global financial crisis.

David Haigh, CEO & Chairman, Brand Finance commented:

It is important for businesses to understand the value of intangible assets. Brand Finance’s new data highlights the volatility of market values of firms when so much value is left unaccounted for. Investors should be concerned that these intangibles undisclosed, which could indicate they are also insufficiently supported and managed. 

  • Apple takes over top spot; Microsoft falls to third as Saudi Aramco is second

Apple (intangible assets up 23% to US$2,297 billion) has taken top spot as owning the world’s most valuable intangible assets, up from 2nd last year. Saudi Aramco (intangible assets up 9% to US$1,786 billion) has risen one place from 3rd to 2nd, while Microsoft (intangible assets down 17% to US$1,586 billion) has fallen from 1st to 3rd.

UnitedHealth Group (intangible assets up 35% to US$526 billion) is one of the big winners this year, entering the global top ten rankings at 7th, a big jump from 13th last year.

  • Oil and Gas is stand-out sector for intangible gains, up 52%

With most economic sectors suffering a fall in intangible asset value, Oil & Gas was the significant outlier with a 52% increase in intangible asset value. The growth in the Oil & Gas sector is largely driven by the increase in global oil prices and three companies: Exxon Mobil (intangible assets up 268% to US$292 billion), Chevron (intangible assets up 197% to US$222 billion) and Saudi Aramco (intangible assets up 9% to US$1,786 billion).

  • China and United States lead fall in intangible values

China (down 39%) and the United States (down 27%) are the countries accounting for the largest intangible value decreases. The United States accounts for nearly two thirds of global intangible value (61%), with China having the second largest contribution equalling 5% of global intangible value.

View the full Brand Finance GIFT™ 2022 Ranking here 

 Brand Finance

The Brand Finance Global Intangible Finance Tracker (GIFT™) report is the world’s most extensive annual research exercise into intangible assets, considering over 59,000 publicly quoted companies (with a total value of over US$120 trillion) across 150 jurisdictions.

In its analysis, the Brand Finance Global Intangible Finance Tracker (GIFT™) report provides detailed insight into intangible value reporting by company, sector, and country. Graphs, additional insights, and opinion pieces by our experts can be found in the report.

The Jills Zeder Group: Nº1 Luxury Property Specialists in real Trends 2021 Rankings

The Jills Zeder Group: Nº1 Luxury Property Specialists Miami in real Trends 2021 Rankings

In real estate, there are numerous firms and agencies claiming to be number one in their market. But only a few can back their claims with recognition from trusted industry authorities – and The Jills Zeder Group in Miami is one of them.

Ranked by RealTrends as the #1 Real Estate Team for 2021, The Jills Zeder Group, Coldwell Banker Luxury Property Specialists has firmly established themselves among the top Realtors not only in the Miami area, but also throughout Florida and the entire United States.

Get to Know The Jills Zeder Group

The Jills Zeder Group is the combination of two of the most powerful real estate brokerage teams in South Florida – The JILLS® and The Zeder Team. Realizing they’re driven by the same goals and business ethics, the teams joined forces in March, 2019, and quickly went on to create real estate history.

The team’s logo features three palm trees, symbolizing the three families that make up the core of this regional powerhouse. The JILLS® Team is represented by Jill Hertzberg and her children Danny Hertzberg and Hillary Hertzberg, as well as by Jill Eber and her sister Felise Eber. The Zeder Team is led by Judy Zeder and her children Nathan Zeder and Kara Zeder Rosen.

Together, this formidable group has 150 years of collective experience and $2 billions of dollars in sales just in 2021. Prior to their merger, their combined sales totaled $6 billion, some of which were achieved through their collaborative work on high-profile luxury sales.

The group specializes in upscale real estate throughout Miami-Dade County, representing buyers and sellers in the sale of multimillion dollar estates, high-end condominiums, and stunning waterfront properties.

Their affiliation with the Coldwell Banker Realty offices in Miami Beach and Coral Gables gives them access to a wide range of regional, national, and international clients across 43 countries, as well as to cutting edge resources and technology.

The group is also affiliated with the International Luxury Alliance and Hamptons International – London, expanding their reach to ultra high net worth individuals from anywhere in the world.

Unifying their varied strengths, the two generations of experts in The Jills Zeder team provide unparalleled service to match the needs and preferences of their highly discriminating clientele.

The #1 Real Estate Team in the United States in RealTrends’ 2021 Rankings

For 2021, The Jills Zeder Group was ranked the number one large real estate team in sales volume by RealTrends, as featured in Wall Street Journal. This means that, in 2020, among real estate teams in the country with 11 to 20 sales professionals, The Jills Zeder Group achieved the highest sales volume.

The team leads an elite list of what RealTrends describes as “the top one-tenth of one percent of more than 1.4 million licensed Realtors nationwide.” The Jills Zeder Group leads the top 250 real estate teams in the United States, with their closed sales volume of $1,236,209,506 and closed transaction sides (buying or selling) of 214.6 in 2020.

In addition, RealTrends data show that The Jills Zeder Group was the first non-team owned brokerage to have achieved sales of over $1 billion in just one year, an achievement the group was able to accomplish just a few months after the merger.

What it Means to Stakeholders

Coldwell Banker president and CEO called the group’s accomplishment “a testament to the team’s expertise, professionalism, and constant dedication to serve their clients as their trusted advisors.”

Buying or selling a luxury property in Miami-Dade County often involves multimillion dollar transactions. With so much at stake, you want to make sure you’re represented only by proven and tested professionals.

It’s important to have the guidance of experts who will see to it that your interests are protected, no matter which side of the transaction you’re in. Your Realtor should be someone who has the capability to guide you and steer the transaction toward a seamless and worry-free closing.

The Jills Zeder Group’s track record, both collectively and separately, speaks volumes about their performance, earning them the trust and confidence of high net worth individuals from around the world.

Their #1 ranking from RealTrends serves as a seal of confidence, affirming the group’s expertise, abilities, and commitment to achieving their clients’ goals.

What is RealTrends?

RealTrends is an independent and privately held communications, publication, and consulting firm specializing in residential real estate. They provide a range of services to the residential real estate industry, including valuations, M&A, and technology and marketing. In addition to realtors and brokers, their consulting clients include mortgage providers, title companies, tech service providers, and other professionals and companies involved in the real estate business.

Stakeholders in the industry look to RealTrends for updated market reports and analyses, which the organization bases on the financial data provided by hundreds of RealTrends Association Network members.

RealTrends also conducts surveys and studies to get the latest pulse of the market and uncover current industry trends. These reports are accessed through RealTrends’ monthly newsletter and other publications.

The organization also stages Gathering of Eagles, an annual event where leading real estate professionals can get the latest information and insights about the industry. RealTrends Association members also get access to association president Steve Murray’s podcasts, webinars, and one-on-one consultations.

The RealTrends Ranking Programs

RealTrends has several ranking programs designed for specific segments of the real estate industry. These include:

  • The RealTrends + Tom Ferry The Thousand RankingsIn this program, RealTrends, in collaboration with Tom Ferry International, invites individuals and teams to submit their production information. RealTrends will then verify the data and rank the entries accordingly.The Thousand team rankings program is broken down into four categories:
    • Small – for teams with 2 to 5 licensed agents
    • Medium – for teams with 6 to 10 licensed agents
    • Large – for teams with 11 to 20 licensed agents
    • Mega – for teams with 21 or more licensed agents

    For the RealTrends 2021 rankings, The Jills Zeder Group topped the Large Team category with sales volume of over $1.2 billion.

  • America’s BestThis ranking program recognizes the top individual real estate professionals by state.
  • RealTrends Five HundredStarted 34 years ago, the RealTrends Five Hundred rankings is considered the definitive ranking program for the largest residential real estate brokerage firms. It has several categories, including:
    • 500 By Volume – This ranks the country’s top brokerage firms by closed sales volume per year.
    • Billionaires’ Club – This ranks the top brokerages that closed at least $1 billion worth of transactions for the year
    • Nation’s Best – Includes brokerage firms that closed at least 500 transaction sides for the year but did not rank in the RealTrends Five Hundred category
    • Average Sale – This ranks brokerage firms according to the average sales price closed for the year
    • Independents – This honors the top independent brokerage firms in the country.
    • Top Movers – This recognizes brokerages with the biggest increase in closed sides for the year.
  • The RealTrends Market LeadersAs with the RealTrends Five Hundred rankings, RealTrends Market Leaders ranks the largest residential brokerage firms in the United States, but breaks down the rankings by metropolitan area.
  • RealTrends Website RankingsThis program ranks the top real estate websites in the United States. It includes six categories highlighting the facets that make a website effective:
    • Best Overall
    • Best Design
    • Best Community
    • Best Mobile
    • Best Property Detail
    • Best Video

    In the RealTrends 2021 Website Rankings, The Jills Zeder Group’s website ranked highly in several categories, including #3 in Best Overall, #2 in Best Design, and #1 in Best Mobile.

Why a RealTrends Ranking is Significant

In real estate, recognition from RealTrends is considered a badge of honor and an affirmation of a Realtor’s or real estate team’s ability to produce outstanding results. As an independent and unbiased authority in the industry since 1987, RealTrends’ rankings and awards are considered as benchmarks in defining excellence in the industry.

The organization’s ranking programs are participated in by thousands of real estate professionals and brokerage firms from around the country, who have to meet strict qualifications before their entries can be considered. To be ranked by RealTrends means the Realtor or brokerage has truly made it to the top of the heap.

With its #1 ranking, The Jills Zeder Group has achieved a remarkable milestone that speaks to the team’s expertise, dedication, and hard work.

One of the highlights of RealTrends’ The Thousand program is the publication of the results in the Wall Street Journal, giving it an added layer of significance and prominence. In fact, the program is often casually referred to as the WSJ Real Estate Ranking, although WSJ is not involved in the production of the rankings.

Other Achievements by The Jills Zeder Group

In addition to its #1 Ranking by RealTrends, The Jills Zeder Group has been recognized by other prestigious organizations and publications in 2021.

  • The #1 Team for Coldwell Banker RealtyIn March, 2021, Coldwell Banker Realty named The Jills Zeder Group as the firm’s number one top-performing large firm nationally in 2020, outperforming more than 96,000 Coldwell Banker sales professionals. The group was also named the #1 Coldwell Banker Realty Team, besting more than 45,000 sales professionals, and the #1 Team within Coldwell Banker Florida.The team got the top spot for the second year in a row, coming in on the back of their outstanding sales achievement of over $6 billion for 2020.

    Along with this, the group also earned the Society of Excellence designation, which is given to the top 1% of Coldwell Banker sales agents throughout the country.

  • Variety’s Showbiz Real Estate Elite 2021The iconic entertainment magazine Variety has named Jill Eber, Jill Hertzberg, and Judy Zeber among its Showbiz Real Estate Elite – a designation given to the top performing real estate professionals who count showbiz celebrities and business leaders among their clients.
  • SFBJ’s 2021 Power Brokers in Real Estate
  • South Florida Business Journal - Meet 2021 Power BrokersThe South Florida Business Journal has once again included Jill Eber, Judy Zeder, and Jill Hertzberg in its annual list of residential Power Brokers throughout Miami-Dade, Broward, and Palm Beach counties, citing The Jills Zeder Group’s outstanding sales achievement.

In addition, the agents at The Jills Zeder Group have been featured in numerous publications, TV shows, podcasts, and other far reaching venues, where they shared their expert industry insights and formidable market knowledge. You can find them individually or collectively in widely-circulated magazines, newspapers, and TV shows, including The Wall Street Journal, South Florida Business Journal, The Real Deal, Forbes, Modern Luxury, and so much more.

High-Profile Luxury Sales

The Jills Zeder Group also brokered a number of high-profile and record-breaking sales in 2021, further boosting their reputation as the go-to real estate powerhouse in Southern Florida.

These are just a few of their noteworthy accomplishments:

Partner with the #1 Real Estate Team in the United States

Together, merging their traditional expertise and contemporary outlook, The Jills Zeder Group continues to receive the highest rankings and accolades from around the globe, the U.S., Florida, and various cities. The Jills Zeder Group is — quite simply — an intergenerational formula for success.

A luxury home in Miami-Dade County is one of the biggest investments you can ever make. Don’t leave the success of such a major undertaking to chance. Partner with The Jills Zeder Group and get peace of mind knowing you’re working with the best of the best.

Call the team today at 305.722.5721 (Coral Gables) or 305.341.7447 (Miami Beach). You may also send an email to cg@jillszeder.com (Coral Gables) or mb@jillszeder.com (Miami Beach), or leave a message here.

 

TAG HEUER DIVES DEEPER INTO WEB3

Shortly after entering the cryptocurrency space in the United States, TAG Heuer now introduces a unique way for customers to showcase their NFT collection on their TAG Heuer Connected watch.

La Chaux-de-Fonds, Switzerland – June 15th, 2022: Swiss luxury watchmaker TAG Heuer unveils a truly unique, exclusive experience for its TAG Heuer Connected Calibre E4 smartwatch, which allows users to display NFT (non-fungible token) artworks on their watch by connecting their crypto wallet to guarantee their authenticity.

NFT (Non-fungible token) is a term used to describe a unique digital asset whose ownership is tracked on a blockchain, such as Ethereum. Assets that can be represented as NFTs range from digital collectibles and art pieces, items that exist within virtual worlds, to claims on physical assets such as clothing items or real estate. In the coming years, NFTs will be used to unlock entirely new use cases that are only made possible by blockchain and crypto.

Today TAG Heuer introduces a new way to bring these valuable and highly collectible artworks into the real world: for the first time they can be worn on the wrist with a proof of ownership via the Lens watch face. And to develop this new feature TAG Heuer consulted and engaged with key members of the BAYC, Cryptopunk, CLONE-X or World of Women communities, ensuring the Lens functionalities and experience

The brand has been a pioneer in the luxury smartwatch segment since 2015, with the TAG Heuer Connected, and the new experience is part of TAG Heuer’s expanding digital ecosystem of apps and watch faces, designed by a team of in-house developers and bearing TAG Heuer’s trademark design signatures.

Frédéric Arnault, CEO of TAG Heuer says, ‘I have had a deep interest in the NFT space, and this feature fits with TAG Heuer’s tradition of being avant-garde and innovative in technology. Our watch enables users to display their digital identity with the ability to prove their NFT

ownership. Watch this space, as TAG Heuer will have more stories to tell about Web3.’

The TAG Heuer Connected, a perfect match for NFTs

The TAG Heuer Connected has established itself as a world leader in luxury smartwatches, and the new experience cements the Swiss watch brand’s reputation for innovation, with NFTs delivered to the watch alongside TAG Heuer’s collection of digital and analog-inspired watch faces.

Users can transfer multiple NFTs to the new Lens watch face via a paired smartphone. This watch face has three unique ways to display time while showcasing their favorite pictures or NFT artworks including a new conceptual design with a triangle and a circle representing hours and minutes.

TAG Heuer has partnered with Ledger to enable its users to securely access and display their NFTs on the TAG Heuer Connected; the new functionality also supports Metamask. Users can then resize the image, so it works well on the watch’s round screen.

The new TAG Heuer Connected Calibre E4 offers the perfect platform to view these artworks whose ownership is secured by the blockchain technology, with an industry-leading screen built to be clear even in strong sunlight, thanks to a high contrast ratio. High-fidelity color reproduction means that NFTs shine out of the screen the way they were meant to be seen.

A new expression of digital identity

TAG Heuer introduces a graphic proof of ownership on the watch face. NFTs are displayed in a hexagon with a cloud of particles gravitating around the image.

Some NFTs are still images, and some are animated GIFs. TAG Heuer’s exclusive watch face will support these formats in crisp detail on screen, with animations looping infinitely. In a world where one’s digital identity is becoming as important as one’s physical one, TAG Heuer creates a bridge and connection between these different versions of oneself.

As with all of TAG Heuer Connected models, the Calibre E4 offers watch faces based on TAG Heuer’s 160 years of rich watchmaking heritage. The new Lens watch face will work perfectly across both models of the TAG Heuer Connected Calibre E4 watch 42 mm and 45 mm and was designed to display customers’ favorite possessions. These images can come from their personal photo library, their NFT collection or a range of TAG Heuer curated images.

The new experience will be available as a free update to all owners of Calibre E4 watches via Apple’s App Store and Google’s Play Store.

TAG Heuer’s new NFT display feature comes just weeks after the avant-garde brand introduced crypto payments on its U.S. website with BitPay, enabling customers to purchase TAG Heuer watches and accessories with various digital currencies such as Bitcoin or Ethereum. The company known for its agile tech mindset is just getting started in the Web3 arena.

About TAG Heuer

TAG Heuer, founded in 1860 by Edouard Heuer in the Jura Mountains of Switzerland, is a luxury watch brand that is part of LVMH Moët Hennessey Louis Vuitton SE (“LVMH”), the world’s leading luxury group. Based in La Chaux-de-Fonds, Switzerland and with four production sites, TAG Heuer has 1860 employees and is active in 139 countries. TAG Heuer products are available online on

www.tagheuer. com for select countries and in 260 boutiques and 2,300 points of sale worldwide. The company is headed up by Frédéric Arnault, CEO of TAG Heuer.

For 162 years, TAG Heuer has demonstrated pure avant-garde watchmaking spirit and a commitment to innovation with revolutionary technologies that have included the oscillating pinion for mechanical stopwatches in 1887, the Mikrograph in 1916, the first automatic-winding chronograph movement

– Calibre 11 – in 1969 and the first luxury smartwatch in 2015. Today, the brand’s core collection consists of three iconic families designed by Jack Heuer – TAG Heuer Carrera, Monaco and Autavia – and is rounded out with the contemporary Link, Aquaracer, Formula 1 and Connected lines.

Capturing TAG Heuer’s motto, “Don’t Crack Under Pressure”, are prominent partnerships and brand ambassadors that express the brand’s passion for action and high performance.

www.tagheuer.com @TAGHeuer #TAGHeuerConnected

TAG HEUER DIVES DEEPER INTO WEB3

Shortly after entering the cryptocurrency space in the United States, TAG Heuer now introduces a unique way for customers to showcase their NFT collection on their TAG Heuer Connected watch.

La Chaux-de-Fonds, Switzerland – June 15th, 2022: Swiss luxury watchmaker TAG Heuer unveils a truly unique, exclusive experience for its TAG Heuer Connected Calibre E4 smartwatch, which allows users to display NFT (non-fungible token) artworks on their watch by connecting their crypto wallet to guarantee their authenticity.

NFT (Non-fungible token) is a term used to describe a unique digital asset whose ownership is tracked on a blockchain, such as Ethereum. Assets that can be represented as NFTs range from digital collectibles and art pieces, items that exist within virtual worlds, to claims on physical assets such as clothing items or real estate. In the coming years, NFTs will be used to unlock entirely new use cases that are only made possible by blockchain and crypto.

Today TAG Heuer introduces a new way to bring these valuable and highly collectible artworks into the real world: for the first time they can be worn on the wrist with a proof of ownership via the Lens watch face. And to develop this new feature TAG Heuer consulted and engaged with key members of the BAYC, Cryptopunk, CLONE-X or World of Women communities, ensuring the Lens functionalities and experience

The brand has been a pioneer in the luxury smartwatch segment since 2015, with the TAG Heuer Connected, and the new experience is part of TAG Heuer’s expanding digital ecosystem of apps and watch faces, designed by a team of in-house developers and bearing TAG Heuer’s trademark design signatures.

Frédéric Arnault, CEO of TAG Heuer says, ‘I have had a deep interest in the NFT space, and this feature fits with TAG Heuer’s tradition of being avant-garde and innovative in technology. Our watch enables users to display their digital identity with the ability to prove their NFT

ownership. Watch this space, as TAG Heuer will have more stories to tell about Web3.’

The TAG Heuer Connected, a perfect match for NFTs

The TAG Heuer Connected has established itself as a world leader in luxury smartwatches, and the new experience cements the Swiss watch brand’s reputation for innovation, with NFTs delivered to the watch alongside TAG Heuer’s collection of digital and analog-inspired watch faces.

Users can transfer multiple NFTs to the new Lens watch face via a paired smartphone. This watch face has three unique ways to display time while showcasing their favorite pictures or NFT artworks including a new conceptual design with a triangle and a circle representing hours and minutes.

TAG Heuer has partnered with Ledger to enable its users to securely access and display their NFTs on the TAG Heuer Connected; the new functionality also supports Metamask. Users can then resize the image, so it works well on the watch’s round screen.

The new TAG Heuer Connected Calibre E4 offers the perfect platform to view these artworks whose ownership is secured by the blockchain technology, with an industry-leading screen built to be clear even in strong sunlight, thanks to a high contrast ratio. High-fidelity color reproduction means that NFTs shine out of the screen the way they were meant to be seen.

A new expression of digital identity

TAG Heuer introduces a graphic proof of ownership on the watch face. NFTs are displayed in a hexagon with a cloud of particles gravitating around the image.

Some NFTs are still images, and some are animated GIFs. TAG Heuer’s exclusive watch face will support these formats in crisp detail on screen, with animations looping infinitely. In a world where one’s digital identity is becoming as important as one’s physical one, TAG Heuer creates a bridge and connection between these different versions of oneself.

As with all of TAG Heuer Connected models, the Calibre E4 offers watch faces based on TAG Heuer’s 160 years of rich watchmaking heritage. The new Lens watch face will work perfectly across both models of the TAG Heuer Connected Calibre E4 watch 42 mm and 45 mm and was designed to display customers’ favorite possessions. These images can come from their personal photo library, their NFT collection or a range of TAG Heuer curated images.

The new experience will be available as a free update to all owners of Calibre E4 watches via Apple’s App Store and Google’s Play Store.

TAG Heuer’s new NFT display feature comes just weeks after the avant-garde brand introduced crypto payments on its U.S. website with BitPay, enabling customers to purchase TAG Heuer watches and accessories with various digital currencies such as Bitcoin or Ethereum. The company known for its agile tech mindset is just getting started in the Web3 arena.

About TAG Heuer

TAG Heuer, founded in 1860 by Edouard Heuer in the Jura Mountains of Switzerland, is a luxury watch brand that is part of LVMH Moët Hennessey Louis Vuitton SE (“LVMH”), the world’s leading luxury group. Based in La Chaux-de-Fonds, Switzerland and with four production sites, TAG Heuer has 1860 employees and is active in 139 countries. TAG Heuer products are available online on

www.tagheuer. com for select countries and in 260 boutiques and 2,300 points of sale worldwide. The company is headed up by Frédéric Arnault, CEO of TAG Heuer.

For 162 years, TAG Heuer has demonstrated pure avant-garde watchmaking spirit and a commitment to innovation with revolutionary technologies that have included the oscillating pinion for mechanical stopwatches in 1887, the Mikrograph in 1916, the first automatic-winding chronograph movement

– Calibre 11 – in 1969 and the first luxury smartwatch in 2015. Today, the brand’s core collection consists of three iconic families designed by Jack Heuer – TAG Heuer Carrera, Monaco and Autavia – and is rounded out with the contemporary Link, Aquaracer, Formula 1 and Connected lines.

Capturing TAG Heuer’s motto, “Don’t Crack Under Pressure”, are prominent partnerships and brand ambassadors that express the brand’s passion for action and high performance.

www.tagheuer.com @TAGHeuer #TAGHeuerConnected

TAG HEUER DIVES DEEPER INTO WEB3

Shortly after entering the cryptocurrency space in the United States, TAG Heuer now introduces a unique way for customers to showcase their NFT collection on their TAG Heuer Connected watch.

La Chaux-de-Fonds, Switzerland – June 15th, 2022: Swiss luxury watchmaker TAG Heuer unveils a truly unique, exclusive experience for its TAG Heuer Connected Calibre E4 smartwatch, which allows users to display NFT (non-fungible token) artworks on their watch by connecting their crypto wallet to guarantee their authenticity.

NFT (Non-fungible token) is a term used to describe a unique digital asset whose ownership is tracked on a blockchain, such as Ethereum. Assets that can be represented as NFTs range from digital collectibles and art pieces, items that exist within virtual worlds, to claims on physical assets such as clothing items or real estate. In the coming years, NFTs will be used to unlock entirely new use cases that are only made possible by blockchain and crypto.

Today TAG Heuer introduces a new way to bring these valuable and highly collectible artworks into the real world: for the first time they can be worn on the wrist with a proof of ownership via the Lens watch face. And to develop this new feature TAG Heuer consulted and engaged with key members of the BAYC, Cryptopunk, CLONE-X or World of Women communities, ensuring the Lens functionalities and experience

The brand has been a pioneer in the luxury smartwatch segment since 2015, with the TAG Heuer Connected, and the new experience is part of TAG Heuer’s expanding digital ecosystem of apps and watch faces, designed by a team of in-house developers and bearing TAG Heuer’s trademark design signatures.

Frédéric Arnault, CEO of TAG Heuer says, ‘I have had a deep interest in the NFT space, and this feature fits with TAG Heuer’s tradition of being avant-garde and innovative in technology. Our watch enables users to display their digital identity with the ability to prove their NFT

ownership. Watch this space, as TAG Heuer will have more stories to tell about Web3.’

The TAG Heuer Connected, a perfect match for NFTs

The TAG Heuer Connected has established itself as a world leader in luxury smartwatches, and the new experience cements the Swiss watch brand’s reputation for innovation, with NFTs delivered to the watch alongside TAG Heuer’s collection of digital and analog-inspired watch faces.

Users can transfer multiple NFTs to the new Lens watch face via a paired smartphone. This watch face has three unique ways to display time while showcasing their favorite pictures or NFT artworks including a new conceptual design with a triangle and a circle representing hours and minutes.

TAG Heuer has partnered with Ledger to enable its users to securely access and display their NFTs on the TAG Heuer Connected; the new functionality also supports Metamask. Users can then resize the image, so it works well on the watch’s round screen.

The new TAG Heuer Connected Calibre E4 offers the perfect platform to view these artworks whose ownership is secured by the blockchain technology, with an industry-leading screen built to be clear even in strong sunlight, thanks to a high contrast ratio. High-fidelity color reproduction means that NFTs shine out of the screen the way they were meant to be seen.

A new expression of digital identity

TAG Heuer introduces a graphic proof of ownership on the watch face. NFTs are displayed in a hexagon with a cloud of particles gravitating around the image.

Some NFTs are still images, and some are animated GIFs. TAG Heuer’s exclusive watch face will support these formats in crisp detail on screen, with animations looping infinitely. In a world where one’s digital identity is becoming as important as one’s physical one, TAG Heuer creates a bridge and connection between these different versions of oneself.

As with all of TAG Heuer Connected models, the Calibre E4 offers watch faces based on TAG Heuer’s 160 years of rich watchmaking heritage. The new Lens watch face will work perfectly across both models of the TAG Heuer Connected Calibre E4 watch 42 mm and 45 mm and was designed to display customers’ favorite possessions. These images can come from their personal photo library, their NFT collection or a range of TAG Heuer curated images.

The new experience will be available as a free update to all owners of Calibre E4 watches via Apple’s App Store and Google’s Play Store.

TAG Heuer’s new NFT display feature comes just weeks after the avant-garde brand introduced crypto payments on its U.S. website with BitPay, enabling customers to purchase TAG Heuer watches and accessories with various digital currencies such as Bitcoin or Ethereum. The company known for its agile tech mindset is just getting started in the Web3 arena.

About TAG Heuer

TAG Heuer, founded in 1860 by Edouard Heuer in the Jura Mountains of Switzerland, is a luxury watch brand that is part of LVMH Moët Hennessey Louis Vuitton SE (“LVMH”), the world’s leading luxury group. Based in La Chaux-de-Fonds, Switzerland and with four production sites, TAG Heuer has 1860 employees and is active in 139 countries. TAG Heuer products are available online on

www.tagheuer. com for select countries and in 260 boutiques and 2,300 points of sale worldwide. The company is headed up by Frédéric Arnault, CEO of TAG Heuer.

For 162 years, TAG Heuer has demonstrated pure avant-garde watchmaking spirit and a commitment to innovation with revolutionary technologies that have included the oscillating pinion for mechanical stopwatches in 1887, the Mikrograph in 1916, the first automatic-winding chronograph movement

– Calibre 11 – in 1969 and the first luxury smartwatch in 2015. Today, the brand’s core collection consists of three iconic families designed by Jack Heuer – TAG Heuer Carrera, Monaco and Autavia – and is rounded out with the contemporary Link, Aquaracer, Formula 1 and Connected lines.

Capturing TAG Heuer’s motto, “Don’t Crack Under Pressure”, are prominent partnerships and brand ambassadors that express the brand’s passion for action and high performance.

www.tagheuer.com @TAGHeuer #TAGHeuerConnected

TAG HEUER DIVES DEEPER INTO WEB3

Shortly after entering the cryptocurrency space in the United States, TAG Heuer now introduces a unique way for customers to showcase their NFT collection on their TAG Heuer Connected watch.

La Chaux-de-Fonds, Switzerland – June 15th, 2022: Swiss luxury watchmaker TAG Heuer unveils a truly unique, exclusive experience for its TAG Heuer Connected Calibre E4 smartwatch, which allows users to display NFT (non-fungible token) artworks on their watch by connecting their crypto wallet to guarantee their authenticity.

NFT (Non-fungible token) is a term used to describe a unique digital asset whose ownership is tracked on a blockchain, such as Ethereum. Assets that can be represented as NFTs range from digital collectibles and art pieces, items that exist within virtual worlds, to claims on physical assets such as clothing items or real estate. In the coming years, NFTs will be used to unlock entirely new use cases that are only made possible by blockchain and crypto.

Today TAG Heuer introduces a new way to bring these valuable and highly collectible artworks into the real world: for the first time they can be worn on the wrist with a proof of ownership via the Lens watch face. And to develop this new feature TAG Heuer consulted and engaged with key members of the BAYC, Cryptopunk, CLONE-X or World of Women communities, ensuring the Lens functionalities and experience

The brand has been a pioneer in the luxury smartwatch segment since 2015, with the TAG Heuer Connected, and the new experience is part of TAG Heuer’s expanding digital ecosystem of apps and watch faces, designed by a team of in-house developers and bearing TAG Heuer’s trademark design signatures.

Frédéric Arnault, CEO of TAG Heuer says, ‘I have had a deep interest in the NFT space, and this feature fits with TAG Heuer’s tradition of being avant-garde and innovative in technology. Our watch enables users to display their digital identity with the ability to prove their NFT

ownership. Watch this space, as TAG Heuer will have more stories to tell about Web3.’

The TAG Heuer Connected, a perfect match for NFTs

The TAG Heuer Connected has established itself as a world leader in luxury smartwatches, and the new experience cements the Swiss watch brand’s reputation for innovation, with NFTs delivered to the watch alongside TAG Heuer’s collection of digital and analog-inspired watch faces.

Users can transfer multiple NFTs to the new Lens watch face via a paired smartphone. This watch face has three unique ways to display time while showcasing their favorite pictures or NFT artworks including a new conceptual design with a triangle and a circle representing hours and minutes.

TAG Heuer has partnered with Ledger to enable its users to securely access and display their NFTs on the TAG Heuer Connected; the new functionality also supports Metamask. Users can then resize the image, so it works well on the watch’s round screen.

The new TAG Heuer Connected Calibre E4 offers the perfect platform to view these artworks whose ownership is secured by the blockchain technology, with an industry-leading screen built to be clear even in strong sunlight, thanks to a high contrast ratio. High-fidelity color reproduction means that NFTs shine out of the screen the way they were meant to be seen.

A new expression of digital identity

TAG Heuer introduces a graphic proof of ownership on the watch face. NFTs are displayed in a hexagon with a cloud of particles gravitating around the image.

Some NFTs are still images, and some are animated GIFs. TAG Heuer’s exclusive watch face will support these formats in crisp detail on screen, with animations looping infinitely. In a world where one’s digital identity is becoming as important as one’s physical one, TAG Heuer creates a bridge and connection between these different versions of oneself.

As with all of TAG Heuer Connected models, the Calibre E4 offers watch faces based on TAG Heuer’s 160 years of rich watchmaking heritage. The new Lens watch face will work perfectly across both models of the TAG Heuer Connected Calibre E4 watch 42 mm and 45 mm and was designed to display customers’ favorite possessions. These images can come from their personal photo library, their NFT collection or a range of TAG Heuer curated images.

The new experience will be available as a free update to all owners of Calibre E4 watches via Apple’s App Store and Google’s Play Store.

TAG Heuer’s new NFT display feature comes just weeks after the avant-garde brand introduced crypto payments on its U.S. website with BitPay, enabling customers to purchase TAG Heuer watches and accessories with various digital currencies such as Bitcoin or Ethereum. The company known for its agile tech mindset is just getting started in the Web3 arena.

About TAG Heuer

TAG Heuer, founded in 1860 by Edouard Heuer in the Jura Mountains of Switzerland, is a luxury watch brand that is part of LVMH Moët Hennessey Louis Vuitton SE (“LVMH”), the world’s leading luxury group. Based in La Chaux-de-Fonds, Switzerland and with four production sites, TAG Heuer has 1860 employees and is active in 139 countries. TAG Heuer products are available online on

www.tagheuer. com for select countries and in 260 boutiques and 2,300 points of sale worldwide. The company is headed up by Frédéric Arnault, CEO of TAG Heuer.

For 162 years, TAG Heuer has demonstrated pure avant-garde watchmaking spirit and a commitment to innovation with revolutionary technologies that have included the oscillating pinion for mechanical stopwatches in 1887, the Mikrograph in 1916, the first automatic-winding chronograph movement

– Calibre 11 – in 1969 and the first luxury smartwatch in 2015. Today, the brand’s core collection consists of three iconic families designed by Jack Heuer – TAG Heuer Carrera, Monaco and Autavia – and is rounded out with the contemporary Link, Aquaracer, Formula 1 and Connected lines.

Capturing TAG Heuer’s motto, “Don’t Crack Under Pressure”, are prominent partnerships and brand ambassadors that express the brand’s passion for action and high performance.

www.tagheuer.com @TAGHeuer #TAGHeuerConnected

United States: The Incredible History of the $ 10,000 and $ 100,000

The largest denominations of the U.S. currency were $ 500, 1,000, 5,000, 10,000, and 100,000, although today the highest is $ 100. But the 10,000 is in circulation.

 

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Pictures of big bills

Most of us hope for big balances in our checking and savings accounts, but when you withdraw funds, the biggest bill you’ll see is probably $100.

Once upon a time, though, $500, $1,000, $5,000, $10,000 and $100,000 bills were in circulation. After the last printing of those denominations in 1945, the Treasury Department and the Fed discontinued them in 1969.

The use of large bills has decreased dramatically and they’ve been greater targets for counterfeits versus smaller denominations. They’re still legitimate legal tender but are limited circulation, except for the $100,000 bill, which was only ever used in fiscal channels.

These days, most of these increasingly rare bills are owned by collectors. In fact, if you happen to have a mint condition bill in a rare denomination, it could mean a big payoff. For instance, Antique Money, an organization with 20 locations around the United States that buys, sells and auctions paper currency, once paid more than $20,000 for a rare 1928 star note $1,000 bill.

Here are some rare bills you might want to keep an eye out for.

Courtesy of US Treasury Department

$500 Series 1918 Blue Seal

Produced in 1918, the front of this $500 bill bears the likeness of John Marshall, who served as the United States’ fourth Chief Justice of the Supreme Court from 1801 to 1835. The reverse side of the bill depicts Spanish conquistador Hernando De Soto discovering the Mississippi in 1541.

Courtesy of the US Treasury

$500 Series 1928 & 1934 Green Seal

These green seal notes ($500 bills with the green seal are often called Federal Reserve notes) bear the portrait of William McKinley, the 25th President of the United States. He served a full term and then only six months of his second term, before being assassinated.

Courtesy of US Treasury

$1,000 Series 1918 Blue Seal

This bill, printed in 1918, has Founding Father Alexander Hamilton’s face on the front and a soaring eagle on the back. It’s fitting that Hamilton found his way onto some U.S. currency, since, among his other accomplishments, he’s credited with founding the country’s financial system.

Courtesy of US Treasury

$1,000 Series 1928 Green Seal

Printed in 1928, this $1,000 bill features two-time United States President Grover Cleveland. He was the nation’s 22nd and 24th president, earning him the distinction of being the only president to serve two non-consecutive terms.

Courtesy of US Treasury

$5,000 Series 1918 Green Seal

This 1918-printed $5,000 bill bears the likeness of Founding Father James Madison (often christened the “Father of the Constitution”), who went on to serve as the fourth President of the United States. The back of the bill shows then-General George Washington resigning his commission as commander-in-chief of the Continental Army on December 23, 1783.

Courtesy of US Treasury

$10,000 Series 1918 Green Seal

Just as this $10,000 bill, produced in 1918, is rare, the likeness on the front might be unfamiliar. It shows Salmon P. Chase, who served as President Lincoln’s Secretary of the Treasury from 1861 to 1864. The back of the bill shows the embarkation of the Pilgrims, as they sailed for freedom in North America.

Courtesy of US Treasury

$10,000 Series 1928, 1934, 1934A & 1934B Green Seal

Like the previous $10,000 bill, these bills produced in 1928 and 1934 also bear the likeness of Salmon P. Chase on the front. However, the back of the bill simply says, “The United States of America – Ten Thousand Dollars – 10,000.”

Courtesy of US Treasury

$100,000 Series 1934 Gold Certificate

Though it might be nice to have a bill of this high denomination, the Bureau of Engraving & Printing, a division of the U.S. Department of the Treasury, states, “The $100,000 Gold Certificate was used only for official transactions between Federal Reserve Banks and was not circulated among the general public. This note cannot be legally held by currency note collectors.” The front has a portrait of Woodrow Wilson, the 28th President of the United States.