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Banking and FinanceSpecial Reports

Wealthy Families Shift Focus to Risk Assets, Citi Survey Reveals

A recent survey of over 338 family offices shows that the world’s wealthiest families are increasingly directing their portfolios toward riskier assets rather than holding cash. According to Citi Private Bank’s 2024 Global Family Office Report, 43% of respondents increased their exposure to public and private equity, while half raised...
Executive InsiderTech and Innovation

CTO Mira Murati, Among Other Executives, Leaves Openai While Sam Altman Prepares for a 7% Equity Stake

Mira Murati, OpenAI’s Chief Technology Officer, has announced her decision to step down from the company. In a post shared on X, she explained her departure, stating that she wanted to make space for personal exploration while focusing on ensuring a smooth leadership transition. Murati’s exit comes alongside two other...
CEO SpotlightSpecial Reports

Wealthiest Man in Africa, Aliko Dangote, Pledges $610,000 to the National Emergency Management Agency for the Floods

Aliko Dangote, Chairman and CEO of Dangote Group, visited Maiduguri to announce a significant financial commitment aimed at supporting flood relief in Borno State. He pledged $610,000 to the National Emergency Management Agency (NEMA) to assist in mitigating the severe destruction caused by recent floods. Additionally, Dangote committed $305,000 directly...
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