In Madrid, cash-strapped Spaniards are selling their hair to to pay their bills. The hair is sold to companies who export natural hair for wigs or extensions.
While these companies are able to get huge supply of hair from Asia like China and India, they prefer European hair which is considered of a higher quality and is not as thick as Asian hair.
Ponytails of hair can sell from between 50 to 150 Euros with the price being dependent on both the weight and length of hair.
Justino Delgado is one such happy man who has 90 tonnes of hair kept in his warehouse ready for export to Europe and the United States. The hair is washed and colored in the factories and braided together before export. His business currently employs around 30 people.
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Not too long ago, I wrote a post about how much to give for Chinese wedding dinners. It was pretty well received so I thought a good fo... -
Many young graduates who are seriously considering joining the civil service are likely curious to find out what is the starting pay or sala...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m.... -
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
A frequent question that is often asked by many people is this: "How much to give in terms of money for a Chinese wedding?" For th... -
Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new d...
good for that guy..he make money from others hair..
ReplyDeletedo we have this in singapore? haha
ReplyDeleteHa..even if we have it..i doubt guys will have lots of it to sell.
ReplyDeleteIt might be a good business though.