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As of February 28, 2024, Eduardo Saverin was the wealthiest person in Brazil, with an estimated net worth of 26.9 billion U.S. dollars, followed by Jorge Paulo Lemann (No. 2, $16.5 billion), Vicky Safra (No. 3, $15.9 billion); and Marcel Herrmann Telles (No. 4, $11.0 billion). Carlos Alberto Sicupira is the...

As of February 28, 2024, Mark Mateschitz was the wealthiest person in Austria, with an estimated net worth of 39.3 billion U.S. dollars, followed by Georg Stumpf (No. 2, $8.9 billion), Johann Graf (No. 3, $7.2 billion); and Helmut Sohmen (No. 4, $6.3 billion). Reinold Geiger is the fifth-richest person in Austria, with a...

As of February 28, 2024, Gina Rinehart was the wealthiest person in Australia, with an estimated net worth of 30.3 billion U.S. dollars, followed by Andrew Forrest (No. 2, $18.8 billion), Harry Triguboff (No. 3, $16.3 billion); and Mike Cannon-Brookes (No. 4, $13.1 billion). Scott Farquhar is the fifth-richest person in...

Diversification is a cornerstone of prudent investment strategy, applicable to investors of all sizes, including billionaires. Traditionally, many of the world's wealthiest individuals have amassed their fortunes through substantial holdings in single companies. However, the wisdom of maintaining most of one's wealth in a single stock, especially in today's volatile...

As of February 26, 2024, Leonid Mikhelson was the wealthiest person in Russia, with an estimated net worth of 29.0 billion U.S. dollars, followed by Vagit Alekperov (No. 2, $26.5 billion), Vladimir Lisin (No. 3, $26.0 billion); and Gennady Timchenko (No. 4, $25.0 billion). Andrey Melnichenko is the fifth-richest person in Russia, with...

As of February 26, 2024, Carlos Slim Helu was the wealthiest person in Mexico, with an estimated net worth of 102.8 billion U.S. dollars, followed by German Larrea Mota Velasco (No. 2, $27.7 billion), Ricardo Salinas Pliego (No. 3, $13.6 billion); and Alejandro Bailleres Gual (No. 4, $7.9 billion). Maria Asuncion Aramburuzabala is...

Eduardo Saverin, renowned for co-founding Meta Platforms, has further solidified his financial standing as a co-owner of venture capital firm B Capital Group, managing a substantial $6.3 billion in assets. His net worth is around $25.9 billion. His remarkable achievements in the financial realm have propelled him to the forefront,...

Having steered through the challenges of the pandemic and subsequent recovery, the Lufthansa Group is set to embark on a new phase of corporate development with a reshaping of its Executive Board. This restructuring coincides with the planned departure of four current Board members. Karl-Ludwig Kley, Chairman of the Supervisory...

RIA Mercer Global Advisors has appointed Gün Keresteci as its new Chief Financial Officer, succeeding Michael Henry, who transitions to a full-time role within the RIA's M&A team. Keresteci brings a wealth of experience from his tenure as McKinsey & Co.'s global head of finance. Under Henry's leadership, the RIA's...

In 2023, Stellantis CEO Carlos Tavares received total compensation amounting to $39.5 million, a significant increase from the previous year's figure, according to a filing with the U.S. Securities and Exchange Commission. The filing also discloses compensation details for other key global leaders within Stellantis, including Chairman John Elkann and...