archiveChief Accounting Officer Insider

The resurgence in big spending on mergers and acquisitions (M&A), exemplified by Capital One's $35 billion deal for Discover Financial and Walmart's $2.3 billion acquisition of smart TV maker Vizio, suggests a renewed confidence in corporate America's appetite for strategic expansion and consolidation. Such deals often reflect a company's desire...

As of February 29, 2024, Iris Fontbona was the wealthiest person in Chile, with an estimated net worth of 25.1 billion U.S. dollars, followed by Jean Salata (No. 2, $6.9 billion), Horst Paulmann (No. 3, $3.4 billion); and Julio Ponce Lerou  (No. 4, $2.6 billion). Roberto Angelini Rossi is the fifth-richest person in Chile, with...

As of February 29, 2024, Eduardo Saverin was the wealthiest person in Brazil, with an estimated net worth of 26.8 billion U.S. dollars, followed by Vicky Safra (No. 2, $20.8 billion), Jorge Paulo Lemann (No. 3, $16.4 billion); and Marcel Herrmann Telles (No. 4, $10.9 billion). Carlos Alberto Sicupira is the...

As of February 29, 2024, Mark Mateschitz was the wealthiest person in Austria, with an estimated net worth of 39.2 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, $6.4 billion). Reinold Geiger is the fifth-richest person in Austria, with a...

As of February 29, 2024, David Thomson was the wealthiest person in Canada, with an estimated net worth of 64.6 billion U.S. dollars, followed by Changpeng Zhao (No. 2, $15.0 billion), David Cheriton (No. 3, $12.6 billion); and Jim Pattison (No. 4, $9.7 billion). Anthony Von Mandl is the fifth-richest person in Canada,...

As of February 29, 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...

If you are the company owner or CEO/President, you should have an engaged board of directors. Many, even most, small and mid-size companies do not have a functioning board of directors. The corporate papers for these companies may list board members, but the board is not functioning as a value...

As of February 27, 2024, Warren Buffett has a net worth of US$134.4 billion, making him the wealthiest person in the finance and investments industry. Michael Bloomberg follows in second place with $106.2 billion, while Ken Griffin ranks third with $37.9 billion, and Stephen Schwarzman comes in fourth with $37.5...

As of February 27, 2024, Bernard Arnault has a net worth of US$229.1 billion, making him the wealthiest person in the fashion and retail industry. Amancio Ortega follows in second place with $104.0 billion, while Francoise Bettencourt Meyers ranks third with $98.6 billion, and Jim Walton comes in fourth with...

As of February 27, 2024, Leonid Mikhelson has a net worth of US$29.0 billion, making him the wealthiest person in the energy industry. Low Tuck Kwong follows in second place with $27.4 billion, while Vagit Alekperov ranks third with $26.5 billion, and Gennady Timchenko comes in fourth with $25.0 billion....