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archiveAlternative Managers Insider

South Africa
Banking and Finance

South African Billionaire Johann Rupert loses $3.9 billion in over 90 days

Over the past 90 days, Johann Rupert, South Africa's wealthiest and the second-richest person in Africa, has seen his net worth shrink significantly by $3.9 billion. On 16 July 2023, Johann Rupert's wealth was estimated at 14.4 billion dollars. Since then, it's decreased significantly to 10.5 billion dollars, a drop of...
Gina Rinehart
Tech and Innovation

Albemarle’s $4.3 billion Lithium Deal Collapses After Billionaire Gina Rinehart Steps In

Albemarle's $4.3 billion attempt to buy out Liontown Resources LTD was put to an end when Gina Rinehart, Australia's wealthiest citizen, acquired enough stock to prevent the acquisition from taking place. US miner Albemarle abandoned the Liontown deal, citing “growing complexities associated with the proposed transaction”. Albemarle, the world’s largest lithium...
Globalized Cities
Stats Gate

Ranked: World’s Most Globalized Cities, 2023

Globalization has been a pervasive force, creating a single global community. It involves the transfer of goods, capital, people, and ideas around the world, encouraging economic ties between countries. Although globalization is usually discussed nationally, its effects are notably strong in urban areas. Cities, as the main centers of communication...
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