archiveMultimillionaire Insider

In a region where policy shifts, governance changes, and technological advancements continuously reshape the economic landscape, the Middle East is embracing an era of constant transformation. PwC's recent Middle East Workforce Hopes and Fears Survey highlights a workforce that is not only engaged and forward-thinking but also deeply optimistic about...

The wealthiest farming family in California, Stewart and Lynda Resnick, are planning to significantly expand an industrial warehouse complex to transform the small town of Shafter into an international trading hub. The Resnicks, who own The Wonderful Company, already possess a large distribution center in Shafter, northwest of Bakersfield. The...

Over the past five years, 261 people have died in the United States because they swam against a riptide and drowned. By comparison, 58 people have died from shark attacks in the past 50 years in total. Riptides are overlooked killers, but they’re also convenient. Surfers paddle out on riptides to catch...

Labor markets worldwide have remained robust, with many nations experiencing record-high employment and low unemployment levels. By May 2024, the OECD unemployment rate was 4.9%. Notably, employment rates for women have improved more significantly than for men compared to pre-pandemic levels. Although labor market tightness is easing, it remains generally...

Zhong Shanshan, the head of Nongfu Spring and China's wealthiest individual, has experienced a significant decline in his fortune, losing up to $20 billion since early May. This downturn stems from investor skepticism about the company's aggressive pricing strategy for new bottled water products. Despite this setback, Zhong, aged 69,...

Chalerm Yoovidhya, co-owner of Red Bull, now leads Thailand's wealthiest family, overtaking the Chearavanont brothers. Despite this, the overall net worth of Thailand's 50 richest individuals saw a 12% decline. The Yoovidhya family's fortune rose by $2.6 billion, reaching $36 billion, bolstered by Red Bull's impressive revenue of over $1...

Inflight caterer and ground handler Sats awarded its CEO, Kerry Mok, a $2.4 million pay package for the financial year 2024. This comes as the group reported its first annual profit since being impacted by the COVID-19 pandemic, with contributions from its acquired cargo handler. The remuneration package includes approximately...

A recent survey by Pure Telecom reveals that 60% of Irish adults under 35 aspire to become social media influencers for income. Overall, 48% of the adult population would consider this career path. The study, part of Pure Telecom's Connected Lives survey conducted by Censuswide, explored social media usage and...

Since 2006, the WTO-led Aid for Trade initiative has contributed an impressive US$ 648 billion to enhance the export capabilities of developing and least-developed countries (LDCs). A new publication titled "Aid for Trade at a Glance 2024," launched by the WTO and the Organisation for Economic Co-operation and Development (OECD)...

The Chief Operating Officer (COO) stands as the second in command to the CEO, often referred to as the CEO’s “secret weapon”, for their crucial role of assuming responsibility for tasks that the CEO can’t manage alone. This partnership is meant to work smoothly as the functionality of the company...