archiveBillionaire Insider

Alexei Mordashov, the billionaire owner of steelmaker Severstal, backs Putin’s call for businesses to reinvest profits. With a net worth of roughly $32.8 billion, Alexei Mordashov is the richest person in Russia. Russian President Vladimir Putin wants to get the economy growing again after the coronavirus pandemic with a burst...

LVMH chief Bernard Arnault' net worth has shot up so much since the beginning of this year that he is now twice as rich as Francoise Bettencourt Meyers. At the time of writing Bernard Arnault' net worth is estimated at $196.9 billion, while Francoise Bettencourt Meyers is worth $93 billion....

Swiss-based Italian shipping tycoons Gianluigi and Rafaela Aponte Gianluigi & Rafaela Aponte are the richest in Switzerland, with a net worth of $11.4 billion. Behind him in the 2nd spot comes one newcomer to Switzerland (via London and Dubai): Guillaume Pousaz, CEO and founder of Checkout.com, with an estimated net...

To maintain an appropriate of family and non-family ownership in the retailing giant Walmart, the Walton family have sold 16.7 million shares of Walmart Inc. (NYSE:WMT) this year. The Walton family is the wealthiest family in the world. The family owns about half of the world's largest retailer’s outstanding shares...

It’s your lucky day! You meet a kind stranger who offers you your choice of a great deal, something for nothing. No tricks, really: you’re getting a free lunch.  She gives you $45. Then, she asks if you want to keep that money, or give it to her in exchange...

Digital Marketing is Essential in 2021: Several years ago, digital marketing was seen as a “nice to have” in most firms. Now, it is seen as an essential business tool to drive engagement, revenue, and performance metrics in an ever-competitive market. Last year, many sectors were either depleted or received...

Gautam Adani is locked in a tug-of-war with Mukesh Ambani for the title of ASIA's richest person. Both Adani and Ambani currently command vast fortunes, although Ambani has a slight edge over Adani - US$7.3 billion. The pair are followed by Zhong Shanshan, the head of a China-based beverages-to-pharma conglomerate,...

Days after losing the title of the richest person on earth to Amazon’s Jeff Bezos, LVMH chief Bernard Arnault reclaimed the No. 1 spot. With a shocking net worth of $194.8 billion, Arnault has moved ahead of Bezos. Bezos is now listed at $193.4 billion, as of June 12, 2021....

The largest importer of major arms between 2016 and 2020, Saudi Arabia, accounted for 11% of the global market. India followed with 9.5% of the market share, according to new data on global arms transfers published by SIPRI, while Egypt stood third. Australia was the 4th-largest arms importer in the...

The United Kingdom ranks fourth globally for a number of ultra-high net worth individuals: The United Kingdom has snagged a fourth place in a ranking showing the ultra-rich of the world. Overall across the world, the number of individuals with a financial wealth of over US$100 million grew by 6,000...