diff --git a/src/main/java/Model/Player/Player.java b/src/main/java/Model/Player/Player.java
index 0429144..9e2c3f8 100644
--- a/src/main/java/Model/Player/Player.java
+++ b/src/main/java/Model/Player/Player.java
@@ -115,9 +115,11 @@ public TransactionArchive getTransactionArchive() {
   /**
   * Returns the player's current status based on trading activity and net worth performance.   
   * Status levels:
+  * - ROOKIE: Net worth is 1/4 or less of starting capital (significant losses)
   * - NOVICE: Starting level, no requirements
   * - INVESTOR: At least 10 weeks of trading AND net worth increased by at least 20%
   * - SPECULATOR: At least 20 weeks of trading AND net worth at least doubled
+  * - TYCOON: At least 50 weeks of trading AND net worth at least 5x 
   *
   * @return the player's current PlayerStatus
   */
@@ -127,6 +129,18 @@ public PlayerStatus getStatus() {
         
     // Get number of weeks with trading activity
     int weeksActive = this.transactionArchive.countDistinctWeeks();
+    
+    // Check for ROOKIE status: net worth is 1/4 or less of starting capital (significant losses)
+    if (totalNetWorth.compareTo(this
+        .startingMoney.multiply(new BigDecimal("0.25"))) <= 0) {
+      return PlayerStatus.ROOKIE;
+    }
+    
+    // Check for TYCOON status: 50+ weeks AND net worth increased 5x
+    if (weeksActive >= 50 && totalNetWorth.compareTo(this
+        .startingMoney.multiply(new BigDecimal("5"))) >= 0) {
+      return PlayerStatus.TYCOON;
+    }
         
     // Check for SPECULATOR status: 20+ weeks AND net worth doubled
     if (weeksActive >= 20 && totalNetWorth.compareTo(this
diff --git a/src/main/java/Model/Player/PlayerStatus.java b/src/main/java/Model/Player/PlayerStatus.java
index 36013fc..6c77321 100644
--- a/src/main/java/Model/Player/PlayerStatus.java
+++ b/src/main/java/Model/Player/PlayerStatus.java
@@ -5,14 +5,18 @@
  * Status levels are determined by trading activity (weeks with transactions)
  * and net worth performance compared to starting capital.
  * Levels:
+ * - ROOKIE: Net worth is 1/4 or less of starting capital (significant losses)
  * - NOVICE: Initial status (default)
  * - INVESTOR: 10+ weeks of trading AND net worth increased by 20%
  * - SPECULATOR: 20+ weeks of trading AND net worth doubled
+ * - TYCOON: 50+ weeks of trading AND net worth increased 5x 
  */
 public enum PlayerStatus {
+    ROOKIE("Rookie"),
     NOVICE("Novice"),
     INVESTOR("Investor"),
-    SPECULATOR("Speculator");
+    SPECULATOR("Speculator"),
+    TYCOON("Tycoon");
 
   private final String displayName;
 
diff --git a/src/main/java/Model/Purchase/Purchase.java b/src/main/java/Model/Purchase/Purchase.java
index 5deaa55..3e26cd6 100644
--- a/src/main/java/Model/Purchase/Purchase.java
+++ b/src/main/java/Model/Purchase/Purchase.java
@@ -44,7 +44,8 @@ public void commit(Player player) {
 
     if (player.getMoney().compareTo(price) < 0) {
       throw new IllegalStateException(
-        "Insufficient funds: required " + price + ", available " + player.getMoney()
+        "Insufficient funds: required " + price.toPlainString()
+         + ", available " + player.getMoney().toPlainString()
       );
     }