In a world where exclusivity is the ultimate luxury, Myria, a concierge and networking app, has emerged as the coveted playground for the globe’s wealthiest individuals.
Founded by Rey Flemings, renowned as a “fixer for the global elite,” Myria offers an unparalleled gateway to a world of opulence, granting access to events like the Oscars, Super Bowl, and the Met Gala, and experiences beyond imagination.
This exclusive platform has only recently been launched but has already become indispensable for the world’s wealthiest, doubling as both a private concierge service and an online social club reserved for the top 1%.
However, entrance to this elite circle comes at a steep price, with an annual invite-only membership fee of a staggering $30,000, a sum greater than many people’s entire savings. But for those who qualify, the rewards are worth every penny.
“Myria is home to incredibly successful and globally significant individuals,” said Flemings, 50, the brain behind this exclusive app. “Our average member’s net worth is about $600 million.”
While Myria currently boasts fewer than 100 members, the exclusive circle includes Silicon Valley’s power players, founders, and CEOs of household name companies, tech tycoons who have sold their startups for astronomical sums, celebrities, sports stars, and even royals. Membership, however, is not open to all; individuals must pass rigorous “net worth verification” and undergo a vetting interview conducted by the “nominations team.”
Myria essentially acts as a privileged little black book, connecting its members with vendors and experiences so exclusive that they are beyond the reach of ordinary people. For example, it can arrange stays in off-market mansions in Italy, front-row seats at sports events, or coveted tables at the most in-demand restaurants, sparing members the hassle of dealing with regular platforms like Airbnb or StubHub.
The app also features a “chat” tab, allowing users to communicate directly with Myria staff for personalized assistance, whether it’s securing a surf instructor and security guard for a Costa Rican vacation or arranging last-minute luxury lodgings for a spontaneous trip to Machu Picchu.
Furthermore, Myria offers a “community” tab that allows its uber-elite users to connect and explore each other’s profiles. This feature facilitates networking and sharing of exclusive opportunities and experiences among members.
Rey Flemings, the mastermind behind Myria, has a history of catering to the wealthy. He previously worked in the music industry, hobnobbing with big names such as Justin Timberlake, and built a coveted network of contacts, which he later shared with tech founders. He gained fame as a “fixer for the filthy rich,” known for securing nearly impossible-to-obtain tickets for events like Beyoncé concerts, the Super Bowl, “Saturday Night Live” tapings, and the Oscars. Now, he has channeled his expertise into Myria, aiming to make elite experiences easily accessible.
Experiences over goods
Interestingly, Myria members often prioritise experiences over material possessions. According to Flemings, “Luxury is really a concept for poor people to aspire to. Once you can afford every single thing, the thing becomes deemphasized. People start to transition and start to find meaning not in things but in experience.”
To join Myria, applicants typically need to have a net worth of at least $30 million, making them not just the top 1% but the top 0.003%. The application process is thorough, including a live interview and a bank-style KYC (Know Your Customer) check. Referrals from existing members can also boost an applicant’s chances of acceptance.
What will it take for the Fed to cut rates?
Leading economists anticipate a potential shift in the Federal Reserve’s monetary policy, shedding light on the timeline for an interest rate reduction.
Financial experts and analysts have closely examined economic indicators, which suggest that a change in the Fed’s stance may be on the horizon. Factors such as inflationary pressures, employment rates, and GDP growth have all been scrutinized to ascertain when the central bank might decide to cut interest rates.
The consensus among these experts is that a rate cut could occur within the next six to nine months. They point to the Federal Reserve’s commitment to maintaining a flexible approach, adjusting policies as needed to support economic stability. With inflationary concerns still looming and the labor market showing signs of recovery, the timing of a potential rate cut remains a key topic of discussion among financial circles.
The Federal Reserve’s decision on interest rates can have a profound impact on financial markets, investments, and borrowing costs. As such, investors and businesses are keeping a keen eye on developments in this regard, preparing for potential changes in their financial strategies.
Kyle Rodda from Capital.com spoke with Ticker’s Ahron Young. #featured
Bank accidentally deposits $86M into client’s account
A financial institution mistakenly deposited over $86 million into a client’s account, causing shockwaves in the banking industry.
The error came to light when the client, a small business owner, checked their account balance and discovered the astronomical sum. It is being hailed as one of the most significant banking errors in recent memory.
The client, who wishes to remain anonymous, reportedly contacted the bank immediately upon noticing the massive windfall. Bank officials were left scrambling to rectify the error, which has raised numerous questions about the institution’s internal controls and safeguards.
The client’s account, initially holding just a few thousand dollars, suddenly displayed a balance that could buy luxury yachts, mansions, and more.
The incident has prompted investigations by regulatory authorities to determine how such an egregious error occurred in the first place.
While the bank has issued an apology and assured the client that the funds will be corrected to the proper balance, it remains unclear how this mistake could have happened on such a colossal scale.
The financial institution may also face potential legal consequences for the error, as well as reputational damage that could impact its future business.
Tech giants drive global mega-cap surge amid inflation relief
Tech giants have taken the lead in propelling global mega-cap stocks to new heights.
This surge comes as a welcome relief for investors who have been closely monitoring the impact of rising inflation on the financial markets.
The tech sector, including giants like Apple, Amazon, and Microsoft, has been instrumental in driving the rally. These companies have reported robust earnings and strong growth prospects, which has boosted investor confidence. As a result, the market capitalization of these tech behemoths has reached unprecedented levels, contributing significantly to the overall rise in global mega-cap stocks.
The easing of inflationary pressures has played a pivotal role in this resurgence. Central banks’ efforts to tame inflation through monetary policy adjustments have begun to bear fruit, reassuring investors and stabilizing financial markets. As concerns over rapidly increasing prices recede, investors have become more willing to invest in mega-cap stocks, particularly in the tech sector, which has demonstrated resilience in the face of economic challenges.
Will the tech giants maintain their momentum and continue to lead the mega-cap surge, or are there potential risks on the horizon?
The Game Awards 2023: Industry celebrates huge year
EV integration and recent tax reimbursement raises questions
The reason petrol is suddenly cheaper
Crypto.com accidentally transfers $10.5m to woman instead of $100
What is happening between SHIB and Vitalik? | TICKER VIEWS
Russia has cancelled itself. But the world should beware of poking the Russian bear￼
Leaders4 days ago
Transforming Diversity with Impactful Passion
News5 days ago
‘Endlessly Generous’: Tributes Pour In as Henry Kissinger Passes Away at 100
News17 hours ago
Will TV regulation become irrelevant in the future?
Tech6 days ago
AWS unveils quantum leap to fix impossible tasks
Money5 days ago
Apple ending Goldman credit card partnership deal
News2 days ago
COP28: Global effort to phase out fossil fuels
News6 days ago
Holiday season brings uptick of online scams
Leaders5 days ago
Condolences flow for investment icon Charlie Munger