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CEO SpotlightMoney and Wealth

Chanel’s Billionaire Owners Reap Massive Dividends, Boost Wealth and Diversification

Over the past three years, the billionaire Wertheimer family, owners of the luxury brand Chanel, have accumulated $12.4 billion in dividends, significantly boosting their personal wealth and supporting their diversification efforts beyond high fashion. Meanwhile, Chanel recently announced the departure of Virginie Viard, the artistic director who had been with...
CEO ExplainersMoney and Wealth

New Plans for Malaysian’s Billionaires: IOI Properties Expands in Singapore Under New Leadership of Lorraine Shiow

IOI Properties, under the control of Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng, has appointed real estate veteran Lorraine Shiow as the new CEO for Singapore. This strategic move aims to bolster the company's expansion in the city-state, a critical market where a significant portion of IOI's...
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