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As of July 09, 2023, Barnard Arnault was the wealthiest person in France, with an estimated net worth of 222.7 billion U.S. dollars, followed by Francoise Bettencourt (No. 2, $88.3 billion), Francois Pinault (No. 3, $35.6 billion); and Gerard Wertheimer (No. 4, $32.3 billion). Alain Wertheimer is the fifth-richest person in...

As of July 09, 2023, Dieter Schwarz was the wealthiest person in Germany, with an estimated net worth of 47.7 billion U.S. dollars, followed by Klaus-Michael Kuehne (No. 2, $34.9 billion), Reinhold Wuerth  (No. 3, $29.3 billion); and Stefan Quandt (No. 4, $26.5 billion). Susanne Klatten is the fifth-richest person in...

As of July 09, 2023, Mukesh Ambani was the wealthiest person in India, with an estimated net worth of 93.4 billion U.S. dollars, followed by Gautam Adani (No. 2, $50.5 billion), Cyrus Poonawalla (No. 3, $27.5 billion) and Shiv Nadar (No. 4, $26.2 billion) Savitri Jindal is the fifth-richest person in India, with a...

The pandemic underscored for small- and medium-sized businesses (SMBs) that there’s always something coming around the corner. It’s imperative to go on offense and be prepared.    SMBs were hit especially hard by the pandemic and its fallout. A survey conducted in the early months of the pandemic found that mass layoffs and...

As of July 06, 2023, Jay Y. Lee was the wealthiest person in South Korea, with an estimated net worth of 8.8 billion U.S. dollars, followed by Seo Jung-jin (No. 2, $5.7 billion), Hong Ra-hee (No. 3, $5.6 billion); and Kwon Hyuk-bin (No. 4, $5.1 billion). Kim Beom-su is the fifth-richest...

As of July 06, 2023, Amancio Ortega was the wealthiest person in Spain, with an estimated net worth of 91.3 billion U.S. dollars, followed by Sandra Ortega Mera (No. 2, $8.0 billion), Rafael Del (No. 3, $4.9 billion); and Juan Roig (No. 4, $3.8 billion). Daniel Mate is the fifth-richest person in Spain, with a...

As of July 06, 2023, Stefan Persson was the wealthiest person in Sweden, with an estimated net worth of 19.0 billion U.S. dollars, followed by Melker Schorling (No. 2, $10.4 billion), Antonia Ax:son Johnson  (No. 3, $9.0 billion); and Finn Rausing (No. 4, $8.6 billion). Kirsten Rausing is the fifth-richest person...

You’d often hear advice from high-net-worth individuals (HNWIs) not to put all your eggs in one basket. They will ask you to diversify your portfolio of investments. Why? Because it helps to reduce risk and enhance the likelihood of consistent returns. The more spread out your portfolio is, the more...

Creativity is one of the essential characteristics that contributes to distinguishing companies from their competitors. Constant changes in the labor market and ever-increasing competition require people to be able to find new and effective solutions to all kinds of professional challenges. One of these challenges relates to the fact that...

An estimated two-thirds of American millionaires made their money from business.  It’s easy to understand why.  Saving a million dollars from your W-2 earnings is hard. If you’re earning a median salary approximating $50,000 annually, you’d have to set aside 10% of your compensation to save $1 million, assuming you...