archiveMega-Rich Insider

The public debt of developing nations surged dramatically from 35% of GDP in 2010 to 60% in 2021, as highlighted in a report by the Eurasian Fund for Stabilization and Development. This significant increase in borrowing from foreign creditors has heightened these economies' vulnerability to external shocks. The ratio of...

American Express has partnered with Ecobank to significantly broaden the acceptance of its cards in 21 African nations. This strategic alliance, announced during the African Development Bank's annual meetings in Nairobi, introduces American Express card usage to 12 new countries: Burundi, Central African Republic, Gabon, Guinea-Bissau, Liberia, Malawi, Mali, Niger,...

Have you fully considered the paradox of AI in business? It's a revolutionary force, driving productivity and profits skyward, yet it harbors risks that even the most astute business leaders can't afford to ignore. This conundrum was at the heart of my insightful interview with Anthony Aguirre, Executive Director of...

People are working hard, but on the wrong stuff. This happens widely because teams are told what to build from their leadership, causing them lose track of what their customers want. Organizations exist to provide some kind of value to people. Too often, though, organizations don’t have a clear understanding...

Phishing threat insights from a study of 500 cybersecurity leaders.  Phishing has been around for decades and yet with each passing year, attacks are becoming increasingly pervasive and destructive. According to an independent study of 500 cybersecurity leaders conducted by UK security vendor Egress, 95% of leaders are stressed about...

Pankaj Rana has been named the new Chief Executive Officer of Hisense India, a leading company in consumer electronics and home appliances. In his role as CEO, Rana will lead Hisense India's strategic initiatives, aiming to broaden the customer base, enhance brand visibility, and drive overall business growth. Rana expressed...

Marc Benioff, the influential chair and CEO of Salesforce, is set to be honored with the Yale Legend in Leadership Award at the Yale CEO Summit on June 11. This year's summit will be held virtually via Zoom. The accolade is bestowed through the unanimous decision of Yale representatives and...

Hugh Grosvenor, the seventh Duke of Westminster, will marry Olivia Henson on June 7 at Chester Cathedral. Grosvenor, now 33, became the Duke of Westminster and inherited an extensive property portfolio at the age of 25 after the sudden death of his father, Gerald Cavendish Grosvenor, in 2016. This portfolio...

José Manuel Entrecanales, Chairman and CEO of ACCIONA, has been recognized as the top CEO in Spain by the Brand Guardianship Index 2024. This ranking by Brand Finance, an independent international brand valuation and strategy consulting firm headquartered in London and operating in twenty countries, evaluates CEOs based on their...

Although the number of women reaching CEO positions in S&P 500 companies is increasing, they still represent a small fraction compared to their male counterparts. According to the latest annual compensation survey by The Associated Press and Equilar, 25 out of 341 CEOs are women. This is the highest number...