archiveEconomics Insider

As Singapore grapples with a decelerating economy, marked by a modest growth projection due to sluggish exports and a decline in manufacturing output, recent reshufflings in top positions have drawn attention. Despite these economic headwinds, the collective wealth of Singapore's 50 wealthiest individuals has seen an uptick. Li Xiting is...

With a staggering net worth exceeding $7 billion, Dennis Washington is the richest man in Missoula, Montana. His empire, the Washington Companies, stands as an industrial conglomerate specializing in waste remediation, shipyards, copper mining, and railroads. He has significant influence in Montana, boasting over 900 miles of rail track under...

The International Wine and Spirits Record (IWSR) has made a significant move on its strategic chessboard. February 2024 marked the announcement of Dan Medlock as the new Chief Financial Officer of the London-based authority, succeeding Nadya Bentley, who held the position on an interim basis. Julie Harris, CEO of IWSR,...

The Internal Revenue Service (IRS) is expected to further combat tax evasion among millionaires and billionaires, who are estimated to evade over $150 billion in taxes annually. With increased funding from Congress, the IRS is set to ramp up scrutiny on wealthy taxpayers, including large corporations. Audit rates for taxpayers...

When you’re looking to become a VP of R&D, one of the most important ways to prepare for the role is to know who you are as a person and as a manager. You also need a certain level of maturity. You need to be proactive, to not take things...

As of February 23, 2024, Li Ka-shing was the wealthiest man in Hong Kong, with an estimated net worth of 37.2 billion U.S. dollars, followed by Lee Shau Kee (No. 2, $27.6 billion), Robin Zeng (No. 3, $23.3 billion); and Peter Woo (No. 4, $15.2 billion). Joseph Lau is the fifth-richest person...

As of February 23, 2024, Klaus-Michael Kuehne was the wealthiest person in Germany, with an estimated net worth of 42.6 billion U.S. dollars, followed by Dieter Schwarz (No. 2, $38.5 billion), Reinhold Wuerth (No. 3, $33.7 billion); and Stefan Quandt (No. 4, $25.9 billion). Susanne Klatten is the fifth-richest person in...

As of February 23, 2024, Renata Kellnerova was the wealthiest person in the Czech Republic, with an estimated net worth of 16.4 billion U.S. dollars, followed by Daniel Kretinsky (No. 2, $9.3 billion), Karel Komarek (No. 3, $8.1 billion); and Pavel Tykac (No. 4, $7.6 billion). Radovan Vitek is the fifth-richest person in...

As of February 23, 2024, Barnard Arnault was the wealthiest person in France, with an estimated net worth of 228.3 billion U.S. dollars, followed by Francoise Bettencourt Meyers (No. 2, $98.6 billion), Alain Wertheimer (No. 3, $37.5 billion); and Gerard Wertheimer (No. 4, $37.5 billion). Francois Pinault is the fifth-richest person in France, with...

As of February 23, 2024, Zhong Shanshan was the wealthiest person in China, with an estimated net worth of 65.8 billion U.S. dollars, followed by Colin Zheng Huang (No. 2, $46.4 billion), Zhang Yiming (No. 3, $43.4 billion); and William Ding (No. 4, $34.4 billion). Ma Huateng is the fifth-richest person in...