archiveHigh Net Worth individuals Insider

China's economic impact is felt worldwide, according to a new survey by the Pew Research Center covering 35 countries. Majorities in almost all surveyed nations, spanning six continents and diverse income levels, report significant Chinese influence on their economies. This influence is perceived more widely now compared to 2019, with...

European hardware deep tech teams now have a valuable resource akin to Point Nine's renowned SaaS Funding Napkin. This innovative tool, the Deep Tech Hardware Napkin, has been introduced by First Momentum, a pre-seed fund specializing in technical B2B and deep tech startups. The German VC firm aims to democratize...

JBS, a prominent member of Ibovespa, exhibits the highest salary disparity within the index. The top salary at JBS is 1,100 times greater than the company's average salary. JBS employs 152,500 individuals in Brazil alone. Following JBS are Rede D'Or, with a salary ratio of 625.9 times, and Localiza, at...

The U.S. trade deficit expanded in May to its widest point since late 2022, according to government data released on Wednesday, as both exports and imports saw declines. The overall trade gap increased to $75.1 billion, up from a revised $74.5 billion in April, as reported by the Commerce Department....

To join the richest 1% in Monaco, you need a net worth of $12.4 million, according to a recent study by real-estate consultancy Knight Frank. Their Wealth Sizing Model reveals the wealth required to be among the top 1% in 25 different countries, with Monaco leading the list due to...

A recent report by Deloitte and Workplace Intelligence reveals that a significant majority of C-suite executives, including about 80% of CEOs, feel pressured by employees, customers, investors, partners, and board members to make public commitments towards enhancing human sustainability. Leaders appear to be responding positively to this pressure. A survey...

2030: A Data Odyssey. It’s a random morning, in 2030. The head designer’s avatar, powered by the latest large language model, has been sifting through all global and local fashion collections, across any brand, plus all of the ideas, sketches, social media posts, private conversations, videos and emails; all of...

Prabdev Singh, CEO of J.P. Morgan Chase Bank India, has stepped down from his role, leaving the bank approximately halfway through his three-year term. Singh, who received regulatory approval for his position in January 2023, has been with J.P. Morgan since 2010 and took over as CEO of the bank's...

A recent study by the Hospitality Women's Innovation Council (WIC), comprising hotel brand executives, managers, and innovators, reveals a significant gap in the current hotel technology landscape. Only 20% of hotel professionals feel that their existing tech infrastructure is adequate for achieving efficiency, cost savings, and providing optimal guest care....

Direct sourcing is an increasingly important strategy for big businesses negotiating the changing workforce management scene. Currently, sixty percent of major corporations use or intend to use a direct sourcing program. This change reflects the rising understanding that direct sourcing is an essential strategy for maximizing talent acquisition in a...