archiveMillionaire Insider

Alice Walton is on track to join the exclusive club of centi-billionaires, a group that includes Elon Musk, Bill Gates, and Warren Buffett, as her wealth approaches the $100 billion milestone. The Walmart heiress recently overtook L'Oréal heiress Françoise Bettencourt Meyers to become the wealthiest woman in the world, with...

For most franchises, being able to grow into new markets while their franchisees show continued profit are the hallmarks of success. But rapid growth can sometimes be tricky to navigate. Growth in sales, demand and franchise owners can put a strain on that company’s infrastructure and its people. Too often,...

Ghana, once hailed as one of Africa’s fastest-growing economies, has recently faced economic challenges. However, the country remains a favorable environment for business and investment. It’s home to over 100 multimillionaires, many of whom keep a low profile. Among the publicly recognized wealthy, the number of men significantly exceeds that...

A recent Eurobarometer survey reveals that Europeans see respect for democracy, human rights, and the rule of law as the European Union's most significant strengths. According to the survey, 38% of Europeans consider democracy and human rights as key advantages of the EU. Economic, industrial, and trading power follows closely,...

Gautam Adani, the billionaire founder of the Adani Group, is once again confronting significant challenges as his business empire faces new scrutiny. This week, a fresh wave of allegations from activist short-seller Hindenburg Research triggered a sharp decline in the stock prices of Adani Group companies, erasing approximately $2.4 billion...

Central banks set interest rates, manage reserves, and act as lenders of last resort to commercial banks and financial institutions during economic crises. Through these functions, central banks influence economic activity and maintain the smooth operation of financial markets. According to the SWFI, the Federal Reserve System of the United...

Eng. Sultan Al-Deghaither, the CEO of Zain Saudi Arabia, passed away on Monday, leaving behind a profound impact on the telecommunications sector and the digital economy. Serving as CEO for six years, Al-Deghaither led a financial and operational transformation at Zain, eliminating over $532.6 million in accumulated losses and tripling...

Monday brought a significant downturn in the stock market, impacting several Silicon Valley billionaires. By the end of the trading day, the Nasdaq 100 had dropped by 3.4%, the Dow Jones had plummeted over 1,000 points, and the S&P 500 had fallen by 3%. This decline severely affected the net...

According to the latest "Fortune/Deloitte CEO Survey," 73% of CEOs are optimistic about their companies' performance over the next 12 months. The survey, which included over 80 CEOs from more than 15 industries, highlights the confidence and strategic priorities of top leaders despite facing numerous disruptions. Key Findings Geopolitical Concerns:...

Starting mid-August, Douglas Group, a major European beauty retailer, will see Sebastiaan de Jong, formerly CEO of Etos and a veteran of Ahold, step in as the new CEO for the Netherlands and Belgium (Benelux). This transition follows the departure of the current regional head, Willem Duthler, who is stepping...