archiveFounders Insider

As of November 6, 2023, Mukesh Ambani was the wealthiest person in India, with an estimated net worth of 90.6 billion U.S. dollars, followed by Gautam Adani (No. 2, $51.9 billion), Shiv Nadar (No. 3, $29.1 billion) and Savitri Jindal (No. 4, $25.0 billion) Cyrus Poonawalla is the fifth-richest person in India, with a...

Depression is a complicated mental disorder that has a significant reach, impacting millions of people all over the world. It can take on various shapes, and its effects are felt across different populations. Being familiar with the details of depression, its possible causes, and its prevalence in multiple communities is...

As of November 3, 2023, Marcos Galperin was the wealthiest person in Argentina, with an estimated net worth of 5.5 billion U.S. dollars, followed by Gregorio Perez Companc (No. 2, $3.9 billion), Eduardo Eurnekian (No. 3, $2.1 billion); and Alejandro Bulgheroni (No. 4, $1.9 billion). Eduardo Costantini, with a whopping $1.5 billion, occupied...

As of November 3, 2023, Murat Ulker was the wealthiest person in Turkey, with an estimated net worth of 5.2 billion U.S. dollars, followed by Ibrahim Erdemoglu (No. 2, $3.5 billion), Ali Erdemoglu (No. 3, $3.0 billion); and Semahat Sevim Arsel (No. 4, $2.8 billion). Ipek Kirac is the fifth-richest person...

SpaceX CEO Elon Musk announced on Thursday that the company's Starlink satellite internet division has achieved breakeven cash flow. Musk shared the news on his social media platform, X (formerly known as Twitter), and commended the team for their excellent work. However, he did not specify whether this was achieved...

The new CEO of FMCG giant Unilever has unveiled a fresh strategy aimed at achieving "faster growth," acknowledging that the company has "underperformed" in recent times. Hein Schumacher, who took over from his predecessor Alan Jope in January, presented these plans to shareholders on October 26th. Unilever's strategy is of...

When 3G Capital announced its acquisition of Hunter Douglas in late 2021, Reuters Breakingviews column was quick to report “it’s classic 3G.” The casual observer might not immediately see the significant similarities between Burger King — one of the most successful fast-food businesses in the world — and Hunter Douglas,...

Staffan Kullberg, who has been serving as the Chief Financial Officer of Scandinavian Enviro Systems since September 2022, has notified the Swedish pyrolysis tire recycling specialist of his intention to leave Enviro in order to accept a position at a company in his hometown of Stockholm. Mr. Kullberg will continue...

Hengde Qin has been appointed as the new Chief Financial Officer of Syngenta Group, effective from December 1, 2023, as announced in a press release on October 20. Hengde Qin will take over the role of CFO from Chen Lichtenstein, who has been in this position since the creation of...

Since Thursday, billionaire Elon Musk has experienced a reduction in his fortune of more than US$22 billion due to Tesla's disappointing third-quarter financial results, which hurt stock prices. The decrease in net worth to $204 billion is monumental, and further reduces the wealth gap between Musk and Bernard Arnault, the...