Lily Chang, autor en Bean watcher

Aug

16

2026

The greatest telescopes ever built and their discoveries

1. Hubble Space Telescope (HST)Launched in 1990, the Hubble Space Telescope transformed modern astronomy by orbiting above Earth’s atmosphere, eliminating atmospheric distortion. With a 2.4-meter primary mirror and instruments sensitive to visible, ultraviolet, and near-infrared light, Hubble has delivered more than 1.5 million observations.Key achievements include: Precise measurement of the universe’s expansion rate. Deep field images revealing thousands of distant galaxies. Evidence supporting the existence of supermassive black holes at galaxy centers. Hubble’s long lifespan and maintenance operations transformed it into one of the most scientifically fruitful devices ever created.2. James Webb Space Telescope (JWST)Launched back in 2021, the James…

Aug

16

2026

By Lily Chang

The biggest financial frauds ever and what we learned from Bernard Madoff

Investments and Business

1. Bernard Madoff Investment Securities (2008) – Estimated $65 BillionBernard Madoff orchestrated the largest Ponzi scheme in history, defrauding investors of an estimated $65 billion in reported account values, with actual cash losses around $18 billion. Operating for decades, Madoff promised steady, above-market returns through a purported “split-strike conversion” strategy. In reality, he used new investor funds to pay earlier clients.The fraud collapsed during the 2008 financial crisis when redemption requests surged. Thousands of individuals, charities, pension funds, and institutional investors were devastated. Madoff was sentenced to 150 years in prison. The scandal reshaped regulatory oversight and exposed severe failures…

Aug

16

2026

By Lily Chang

The legacy of Virgil Abloh in merging luxury fashion and streetwear

Culture and Entertainment

Virgil Abloh’s Revolutionary Influence on Global StreetwearVirgil Abloh transformed the terrain of international streetwear, elevating it from a localized subculture into a global fashion phenomenon. Serving as the creator of Off-White and the inaugural Black artistic director for Louis Vuitton menswear, Abloh's impact crossed cultural and geographical limits, reshaping how luxury, street style, and social identity connect.Blurring the Boundaries: High Fashion Meets Street CultureAbloh’s approach challenged the longstanding dichotomy between streetwear and luxury fashion. The launch of Off-White in 2012 marked a pivotal moment. Drawing from his architectural background and collaborations with creative visionaries such as Kanye West, Abloh infused…

Aug

14

2026

By Lily Chang

Understanding how the world’s largest philanthropic foundations influence global health and education

Social Responsibility

Understanding the World’s Largest Philanthropic Foundations by EndowmentPhilanthropic foundations play a decisive role in shaping global health, education, scientific research, climate action, and social equity. The largest foundations, measured by endowment size, possess the financial capacity to influence public policy, fund long-term research, and respond rapidly to crises. Endowment size reflects invested assets intended to generate income for grantmaking over decades, ensuring sustained impact.Below are the 15 largest philanthropic foundations in the world by endowment, based on the most recent publicly available financial disclosures and annual reports.1. Bill & Melinda Gates FoundationEndowment: Over $70 billion The Gates Foundation is the…