archiveMillionaire Insider

OpenAI’s CEO Sam Altman recently highlighted that limited computing capacity is delaying the company’s new product releases. During a Reddit Ask Me Anything (AMA) session, Altman explained that the increasing complexity of AI models, coupled with restrictions on compute resources, is forcing OpenAI to make challenging decisions regarding resource allocation....

Nastya Radzinskaya, a 10-year-old from Krasnodar, has once again secured a place among the world's top 10 highest-earning YouTube bloggers in 2024. This young internet sensation achieved the seventh position on the list, with her annual income estimated at approximately $28 million. Her channel, Like Nastya, has amassed an impressive...

The workplace mental health landscape is rapidly evolving, with an average 48% of employees around the world currently grappling with burnout. Pre Covid an estimated 15% of working age adults have a mental disorder with $1 trillion USD lost in productivity globally due to anxiety and depression. Today's economic uncertainty...

For the first time, ByteDance founder Zhang Yiming has taken the top spot as China’s richest individual. Zhang’s net worth surged to $49.3 billion, putting him ahead of former leader Zhong Shanshan, the chairperson of Nongfu Spring, whose wealth declined by 24% to $47.9 billion after facing a public backlash...

Living paycheck to paycheck might typically bring to mind lower-income households, yet recent data shows that around 20% of US households earning over $150,000 a year are also in this position. This finding comes from a new Bank of America analysis, which examined anonymized banking accounts and spending habits of...

Vietnam’s wealthiest businessman, Pham Nhat Vuong, and his company Vingroup have unveiled a new venture capital fund, VinVentures Capital Fund, aimed at accelerating growth in artificial intelligence and digital innovation across Vietnam and neighboring markets. The fund, backed by $150 million, will primarily target high-tech sectors such as AI, semiconductors,...

Jeff Webb, President of the International Cheer Union and founder of Varsity Spirit, has made a strong mark on the world of cheerleading. But his impact goes far beyond the sport itself. Webb’s journey is a masterclass in how to transform a niche product into a global phenomenon, generating a...

In a notable shift at Disney, the company is set to see its fourth board chair in just over three years, reflecting continued turbulence in the evolving media landscape. Mark Parker, who currently holds the chairmanship, will step down at the close of the year, with Morgan Stanley CEO James...

Germany's wealthiest individuals are largely known, but Michael Gastauer shakes up the list. While entering the billionaire ranks is not unusual, Gastauer stands out as the youngest self-made billionaire in the country, with the potential to eclipse them all. Unlike many of his counterparts, Gastauer didn't inherit his fortune. He...

The trio of executives who form the "Office of the CEO" at Paramount Global have secured improved compensation deals as they remain in their roles during the ongoing merger process with Skydance Media, which is expected to conclude in the first half of 2025. The group, consisting of co-CEOs George...