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Effective July 1, Lumax Industries has appointed Raju Bhauso as its new Chief Executive Officer, taking over from Vishnu Johri, who resigned for personal reasons. Johri will remain in the role until June 30. Raju Bhauso initially joined Lumax as Executive Director in October 2023. Raju Bhauso holds a Bachelor...

Phony doctors, lawyers, politicians, and industry leaders walk among us. Stories such as recently expelled Long Island Congressman George Santos, who lied about nearly everything, and convicted business owner Elizabeth Holmes, who made false claims about her company Theranos’ blood-testing product, could have been avoided if anyone had bothered to...

Michael Dell, founder and CEO of Dell Technologies, experienced a significant single-day decline in his wealth due to a sharp drop in Dell shares. Dell's net worth fell by $11.7 billion to $107.1 billion on Friday as Dell Technologies Inc. shares plummeted 18% in New York. This decline puts Dell...

In 2024, several cities around the globe are rapidly becoming hotspots for high-net-worth individuals (HNWIs), reflecting their growing economic influence and attractiveness to the affluent. Abu Dhabi: 22,700 Millionaires Abu Dhabi is emerging as a major millionaire hub, supported by its substantial oil and gas reserves and the presence of...

In 2024, Jeff Yass holds the title of Pennsylvania's wealthiest individual, boasting an impressive net worth of $27.6 billion. A co-founder of Susquehanna International Group (SIG), Yass's success in trading and investments, particularly his significant stake in ByteDance—the parent company of TikTok—has cemented his status in the financial world. Yass's...

If you earned $1 every minute for 24 hours a day, it would still take you more than 1,902 years to become a billionaire. However, it's important to note that there are many billionaires who made their fortunes in just a few years. CEOWORLD magazine recently conducted a study to...

Less is often more in the world of business. The CEO or shareholders who chase publicity may not always be the ones most focused on success and on achieving shareholder returns; it is often the quiet and diligent businessmen, who eschew celebrity, who are the ones to watch. That is...

Cathie Wood, CEO of Ark Investment, recently met with El Salvador's President Nayib Bukele to explore broader applications of Bitcoin in the country, leveraging innovative adoption of Artificial Intelligence (AI). El Salvador currently holds 5,764.76 BTC, with an unrealized profit of 58%, amounting to $74,892,766 at the current Bitcoin price....

ForFarmers has announced the appointment of Marloes Roetgerink to its executive board as Chief Financial Officer. Roetgerink received shareholder approval during the annual general meeting on May 28 and will commence her role on June 1. Her term will extend until the annual general meeting in 2028, with the possibility...

The workplace is evolving rapidly, with businesses shifting towards hybrid models that blend remote and office-based work. This transition is powered by technological advancements that bridge the gap between physical and digital workspaces, enhancing communication, collaboration, and employee satisfaction. By effectively integrating innovative technologies and prioritizing employee well-being, organizations are...