archiveAlternative Managers Insider

Russia is a land of many wonders. The largest landmass on earth is home to beautiful towns, natural wonders, and festivals. Out of all the festive celebrations, Christmas is the most important. Christmas celebrations in Russia see a random departure from the rest of the world. Although the Russian Orthodox...

As of June 15, 2023, Shapoor Mistry was the wealthiest person in Ireland, with an estimated net worth of 7.1 billion U.S. dollars, followed by John Grayken (No. 2, $6.3 billion), John Collison (No. 3, $5.5 billion); and Patrick Collison (No. 4, $5.5 billion). Denis O’Brien is the fifth-richest person in Ireland, with a whopping...

As of June 15, 2023, Eyal Ofer was the wealthiest person in Israel, with an estimated net worth of 19.7 billion U.S. dollars, followed by Idan Ofer (No. 2, $13.5 billion), Dmitri Bukhman (No. 3, $7.0 billion); and Igor Bukhman (No. 4, $7.0 billion). Yuri Milner is the fifth-richest person in Israel, with a...

As of June 14, 2023, Barnard Arnault was the wealthiest person in France, with an estimated net worth of 224.5 billion U.S. dollars, followed by Francoise Bettencourt Meyers (No. 2, $88.0 billion), Francois Pinault  (No. 3, $37.1 billion); and Gerard Wertheimer (No. 4, $31.8 billion). Alain Wertheimer is the fifth-richest person...

As of June 14, 2023, Dieter Schwarz was the wealthiest person in Germany, with an estimated net worth of 46.0 billion U.S. dollars, followed by Klaus-Michael Kuehne (No. 2, $33.5 billion), Reinhold Wuerth (No. 3, $27.5 billion); and Stefan Quandt (No. 4, $26.9 billion). Susanne Klatten is the fifth-richest person in...

As of  June 13, 2023, John Fredriksen was the wealthiest person in Cyprus, with an estimated net worth of 13.2 billion U.S. dollars, followed by Vinod Adani (No. 2, $13.0 billion), Yakir Gabay  (No. 3, $3.4 billion); and Sergey Dmitriev (No. 4, $2.5 billion). Valentin Kipyatkov is the fifth-richest person in Cyprus, with a whopping...

As of June 13, 2023, Zhong Shanshan was the wealthiest person in China, with an estimated net worth of 62.9 billion U.S. dollars, followed by Zhang Yiming (No. 2, $45.0 billion), Ma Huateng (No. 3, $35.6 billion); and William Lei Ding (No. 4, $29.7 billion). Colin Zheng Huang is the fifth-richest...

As of June 13, 2023, Iris Fontbona was the wealthiest person in Chile, with an estimated net worth of 23.0 billion U.S. dollars, followed by Jean Salata (No. 2, $5.4 billion), Horst Paulmann (No. 3, $3.7 billion); and Julio Ponce Lerou (No. 4, $3.3 billion). Sebastian Pinera is the fifth-richest person in Chile, with a whopping...

As of June 12, 2023, Gina Rinehart was the wealthiest person in Australia, with an estimated net worth of 27.5 billion U.S. dollars, followed by Andrew Forrest (No. 2, $19.4 billion), Harry Triguboff (No. 3, $15.5 billion); and Mike Cannon-Brookes (No. 4, $11.3  billion). Scott Farquhar is the fifth-richest person in Australia, with a whopping...

How important is cost optimization in IT companies? Is it synonymous with resource optimization? Is it a one-time budget reduction exercise to meet the numbers? Or is it a continuous, deliberate, and implemented set of processes designed to squeeze every last penny out of every invested ruble? Does it take...