archiveMultimillionaire Insider

Vinod Khosla, the billionaire co-founder of Sun Microsystems, has found himself in the crosshairs of Elon Musk, the world's richest man, in a longstanding dispute over public access to Martins Beach on the San Mateo County coast. The picturesque beach, located seven miles south of Half Moon Bay, has been...

The Commercial International Bank – Egypt (CIB) has appointed Hisham Ezz Al-Arab as CEO and Managing Director, succeeding Hussein Abaza, whose term has concluded. In a historic move, the board has also nominated Neveen Sabbour as Non-Executive Chair, making her the first woman to ever hold this position at CIB....

Tencent’s co-founder, Pony Ma, has reclaimed the top spot on China’s wealth rankings, marking the latest ascent of a tech billionaire in the country. Recent economic concerns in China, the world's second-largest economy, led to a decline in some Hong Kong-listed shares, enabling Ma to overtake bottled water magnate Zhong Shanshan....

China and Latin American countries are joining forces to address human rights challenges and foster development, officials and experts emphasized at the first China-Latin America and Caribbean States Roundtable on Human Rights held in Rio de Janeiro on Tuesday. The event, organized by the China Society for Human Rights Studies...

A $39 billion takeover attempt by Canada’s Alimentation Couche-Tard for the owner of 7-Eleven is being seen as a turning point for Japan's corporate governance, and it has left executives worried their own companies might soon face similar bids. The CEO of Suntory Holdings, Takeshi Niinami, shared this perspective. In...

John Finney was the founder of the satellite terminal company All.Space, has decided to step down from his position as CEO. The company announced on Wednesday that Paul McCarter would immediately succeed Finney as CEO. Finney, who was formerly the chief commercial officer at O3b Networks, established the company in...

Nvidia witnessed an unprecedented stock market crash on Tuesday, erasing $279 billion in market value in what is now the largest single-day loss ever recorded in U.S. history. To put the scale of this loss in perspective, it exceeds the total market capitalization of several major American corporations, including McDonald's...

A new report from the Institute for Policy Studies reveals that the CEOs of some of the largest companies employing low-wage workers in the US are prioritizing their own short-term gains over long-term investments. The report highlights that these companies are spending far more on stock buybacks than on capital...

A total of 102 Non-Resident Indians (NRIs) made it to the 2024 Hurun India Rich List, representing nearly 79% of all self-made billionaires. The United States leads the way with 46 NRIs on the list, while Gopichand Hinduja and his family hold the top spot as the wealthiest NRIs, with...

The Greek philosopher Heraclitus is often attributed to the quote ‘change is the only constant’.  I think there’s one more: the role of the CEO. Despite the growing tough expectations from boards & shareholders, rising global challenges from war, geopolitical issues, inflation, supply chain issues to name a few, the...