archiveHectomillionaire Insider

Media City Qatar has announced the appointment of Eng. Jassim Mohamed Al Khori as its new Chief Executive Officer, with the full backing of the Board Members. Al Khori brings nearly two decades of experience in project development and management to the role, positioning him to lead Media City Qatar...

This year has seen a dramatic rise in CEO departures, with 622 chief executives stepping down in the first quarter of 2024, according to data from outplacement firm Challenger, Gray & Christmas. This marks a staggering 50% increase over the same period in 2023, which had already set records for...

China marked significant progress in its low-altitude economy over the weekend, as engineers conducted a test flight of the country's largest cargo drone to date while a helicopter taxi completed a trial run on a soon-to-be-launched 100-km route to Shanghai. The twin-engine cargo drone, capable of carrying a payload of...

The July 2024 REINSW Vacancy Rate Survey indicates that residential rental vacancies across New South Wales remain critically low. Although there was a slight increase in Sydney's overall vacancy rate, rising by 0.1% to 1.8%, REINSW CEO Tim McKibbin emphasized that this figure still represents a historic low for the...

Monday saw significant drops in US stock markets following declines in Europe and Asia, fueled by growing concerns about a potential slowdown in the American economy. The technology-heavy Nasdaq index opened with a 6.3% loss after a sharp decline late last week but managed to recover some of its losses...

The upcoming Skift Global Forum, scheduled for September 17-19 in New York City, promises to be a pivotal event for the travel industry, particularly the hospitality sector. This year's forum boasts an impressive lineup of speakers, including CEOs from Marriott International, Wyndham Hotels & Resorts, MGM Resorts International, and the...

Noel Quinn wrapped up his tenure as CEO of HSBC Holdings by announcing an additional US$3 billion return to shareholders, coinciding with the bank’s better-than-expected earnings. This final quarter under Quinn’s leadership saw HSBC’s pretax profit for the three months ending in June rise to US$8.9 billion, surpassing the anticipated...

Dua Lipa saw an impressive financial year, amassing approximately %1.3 million per week in 2023 due to merchandise sales and her successful Future Nostalgia tour. Financial records up to March 2023 revealed that the 28-year-old artist's company, Radical 22 Live LLP, achieved a staggering turnover of $66.5 million. In May,...

Determining one's position on the wealth spectrum can be challenging since most Americans are reluctant to discuss financial matters, even though they recognize that such conversations are crucial for financial solutions. Recent research by financial advisory firm Empower indicated that 62% of Americans avoid talking about money, and 35% were...

Many of the perks offered to employees to promote a psychologically healthy workplace miss the mark.  Often these incentives at best promote the opposite; ineffective perks make employees feel disregarded and unseen, which leads to bad outcomes like apathy and quiet quitting.  For example, allowing employees to take mental health...