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archiveEconomics Insider

Special ReportsStats Gate

China’s Richest See Sharp Wealth Decline Amid Economic Struggles

The net worth of China’s wealthiest individuals took a major hit this past year due to economic challenges and declining stock markets, according to data from the Hurun Research Institute. Specifically, 1,094 individuals across mainland China, Hong Kong, Taiwan, and Macau held personal fortunes exceeding $700 million as of August...
Stephen R. Foerster
CEO Agenda

A Trailblazer, a Hero, and a Crook Walk Into a Salad Oil Swindle… Lessons About Vision, Character, Greed, and Fear

Villain, Visionary, and Oracle: This story brings together a villain, a visionary, and arguably the greatest investor of all time. The villain was Tino DeAngelis, allegedly involved in black market sales during World War II. He repeatedly paid $100,000 fines for producing and exporting substandard cooking fat products. DeAngelis later created...
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