archiveCapitalist Insider

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...

Thanks to his Madea franchise and Tyler Perry Studios, with a net worth of roughly $1 billion, Tyler Perry is the wealthiest actor in the world, followed by Jerry Seinfield (No. 2, $950 million), Shahrukh Khan (No. 3, $600 million); and Tom Cruise (No. 4, $580 million). Tyler Perry was...

A consortium of private equity firms Blackstone Group Inc., Carlyle Group Inc., and Hellman & Friedman has agreed to purchase medical supply manufacturer and distributor Medline Industries Inc. The Northfield, Illinois-based company, Medline Industries, is the largest privately-held manufacturer and distributor of medical supplies in the United States, generating sales...