archiveDe Facto Director Insider

If you’re involved in the import business, you’re likely aware of at least some of the problems involved in securing financing for orders. These problems are endemic to the business: importers often lack the assets – like real estate or equipment – that lenders require for collateral. And major lenders...

In simple words, Life Insurance is essentially a contract that guarantees that a certain sum of money is paid to the beneficiaries upon the death of the insured. The consideration for the said contract is called the premium that the policyholder pays. For a successful life insurance contract, the insured...

The creation and maintenance of family wealth is anything but straightforward. The more wealth you have and the bigger the family is, the more attention you must give to family wealth management. Of course, many decisions on financial management are undertaken based on the particular circumstances of one's family. There...

When it comes to making alternative investments in equity, it’s helpful to think about it in terms of the stage of the company you’re investing in and the type of equity capital you will hold. Equity can be defined as investing in private companies that are not listed on an...

Real Estate is perhaps the best long-term investment option. But it also has its cons: you can’t expect immediate returns, and you can’t liquidate it quickly. Since the investment is high, you must do extensive research before choosing a real estate property. Dubai is an excellent option for real estate...

What are we doing? Why and how are we doing it? Who are we becoming while we do it? I begin my leadership workshops with these three questions.  The first two are necessary and normal questions.  But the last one is a deeper gut-check that takes us into the realm...

As of  June 4, 2023, Li Ka-shing was the wealthiest person in Hong Kong, with an estimated net worth of 37.5 billion U.S. dollars, followed by Robin Zeng (No. 2, $33.1 billion), Lee Shau Kee (No. 3, $28.2 billion); and Peter Woo (No. 4, $14.7 billion). Kwong Siu-hing is the fifth-richest person...

As of  June 4, 2023, Mukesh Ambani was the wealthiest person in India, with an estimated net worth of 87.7 billion U.S. dollars, followed by Gautam Adani (No. 2, $52.5 billion), Shiv Nadar (No. 3, $25.9 billion); and Cyrus Poonawalla (No. 4, $25.6 billion). Savitri Jindal is the fifth-richest person in India, with a whopping $17.3...

As of  June 4, 2023, R.Budi Hartono was the wealthiest person in Indonesia, with an estimated net worth of 26.1 billion U.S. dollars, followed by Michael Hartono (No. 2, $25.0 billion), Low Tuck Kwong (No. 3, $21.3 billion); and Sri Prakash Lohia (No. 4, $7.1 billion). Prajogo Pangestu is the fifth-richest person in Indonesia, with a...

Austria has unique things to offer, which makes it different from other destinations in the world. The beautiful nation is often tagged as one of the wealthiest countries in Europe and enjoys the status of being an outstanding place for residence. Thus, the Austrian Golden Visa program acts as the...