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As of December 15, 2023, Rafaela Aponte- Diamant  was the wealthiest person in Switzerland, with an estimated net worth of 27.4 billion U.S. dollars, followed by Gianluigi Aponte (No. 2, $27.4 billion), Ernesto Bertarelli (No. 3, $9.5 billion); and Ivan Glasenberg (No. 4, $8.9 billion). Guillaume Pousaz is the fifth-richest person in Switzerland,...

As of December 15, 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, $10.6 billion), Antonia Ax:son Johnson (No. 3, $9.7 billion); and Finn Rausing (No. 4, $8.8 billion). Kirsten Rausing is the fifth-richest person...

As of December 15, 2023, Amancio Ortega was the wealthiest person in Spain, with an estimated net worth of 96.6 billion U.S. dollars, followed by Sandra Ortega Mera (No. 2, $8.5 billion), Rafael Del (No. 3, $5.4 billion); and Juan Roig (No. 4, $3.6 billion). Isak Andic is the fifth-richest person in Spain, with a...

As of December 15, 2023, Jay Y. Lee was the wealthiest person in South Korea, with an estimated net worth of 9.4 billion U.S. dollars, followed by Seo Jung-jin (No. 2, $6.5 billion), Hong Ra-hee  (No. 3, $5.8 billion); and Kwon Hyuk-bin (No. 4, $5.1 billion). Kim Beom-su is the fifth-richest...

Revolution Beauty, the UK makeup company, is responding to shareholder pressure by reorganizing its management team. CFO Elizabeth Lake will be stepping down by the end of this month in response to recent developments. The brand has announced that Neil Catto, previously CFO at Boohoo, will take over as Lake's...

Booking Holdings Inc. has announced the appointment of Ewout Steenbergen, a veteran from S&P Global, as its new Chief Financial Officer, effective March 15. Steenbergen will take over from David Goulden, who retired in February after six years with the Norwalk-based company. Steenbergen, aged 54, is set to receive an...

Zurich Insurance Group announced Claudia Cordioli's appointment as Group Chief Financial Officer effective March 1, 2024, subject to regulatory approval. She will succeed George Quinn, who served as Group CFO for a decade and has decided to step down. Mr. Quinn will oversee Zurich's 2023 Annual Results and ensure a...

TGI Fridays revealed the hiring of Ray Risley as U.S. President and COO and Nik Rupp as CFO and President of international markets. Both will report to the newly appointed CEO, Weldon Spangler, as part of the company's growth strategy. These appointments follow Spangler's recent appointment as CEO, marking the...

After recently appointing a new creative director to succeed Gabriela Hearst, Chloé is now welcoming a new President and CEO to replace Riccardo Bellini, who is departing after a four-year tenure. Laurent Malecaze, the CEO of Dunhill, a fellow luxury brand under Richemont, will join Chloé this month. His prior...

Chat GPT tells us that “conscious business practices, also known as socially responsible or sustainable business practices, are becoming increasingly widespread. Many companies are incorporating environmental, social, and ethical considerations into their business models and decision-making processes. This trend is driven by various factors, including growing consumer awareness, investor interest...