archiveHectomillionaire Insider

Teton County has maintained its position as the wealthiest county in the United States for two decades, with per capita incomes reaching a record $471,751 in 2023. This figure puts the average household income in Jackson Hole—a region with approximately 2.4 people per household—at an astonishing $1.13 million, far outpacing...

BlackRock, the world’s largest asset manager, has struck a transformative $12 billion deal to acquire HPS Investment Partners, solidifying its foothold in the rapidly expanding private credit sector. This acquisition reflects a strategic push to capture a larger share of a market traditionally dominated by banks but now increasingly shaped...

In 2021, amidst one of the most disruptive periods of modern history, I sold Back In Motion—Australia’s leading physiotherapy business—for a record price of over $100 million. It was a journey that began with a $300 order for supplies and a small space rented with nothing more than hope and...

BT Group has revealed that Marc Allera will step down as CEO of its Consumer division, with Claire Gillies set to take over as CEO-Designate and join the company’s Executive Committee on December 10, 2024. This announcement signals the start of a structured transition period, during which Allera will collaborate...

On November 27, KB Financial Group announced that its Affiliate Representative Director Candidate Recommendation Committee (Selection Committee) had convened and selected Lee Hwan-Joo, CEO of KB Life Insurance, as the next CEO of KB Kookmin Bank. Lee’s appointment highlights his extensive leadership experience across various roles within the group. His...

Celia Tombalakian is a seasoned executive with a track record of driving transformation and growth in the beauty and consumer goods industries. With experience spanning global marketing leadership, product innovation, and strategic integration, Celia’s focus has always been on blending creativity with data-driven decision making. Most recently, as Global Vice...

Decentralized gamer network KGeN (Kratos Gamer Network) has successfully raised $10 million in a recent funding round, aiming to empower players with greater control over their digital identities. The new investment will support KGeN’s efforts to expand and develop a gaming economy that places data control in the hands of...

Francois Pinault, the 88-year-old founder of Kering, has fallen out of the top 100 richest individuals globally as his son faces challenges revitalizing Gucci, the luxury conglomerate's largest brand. For the first time in over a decade, Pinault is now ranked 105th among the world’s wealthiest—a significant drop from his...

In recent months, headlines have frequently proclaimed that companies like Amazon are demanding employees return to the office in droves, signaling the end of the flexible work era. However, contrary to these attention-grabbing headlines, reliable and objective data from sources like the U.S. Bureau of Labor Statistics (BLS) shows a...

The rapid rise of generative AI (Gen AI) is reshaping industries, and learning and development (L&D) professionals are at the center of this evolution. Simon Brown, Global Learning and Development Leader at EY, discussed this transformation in my recent interview with him. His insights shed light on how companies can...