archiveUltra High Net Worth individuals Insider

Executive compensation has seen a substantial increase over the past year, according to a survey by the Governance Institute of Australia (GIA). Data from McGuirk Management Consultants for GIA revealed that CEOs of ASX-listed companies experienced an average base pay rise of 14%, while managing directors received an 11 percent...

SBICAP Ventures Limited (SVL), a leading alternative asset management company with assets under management of approximately $3.9 billion, has announced the appointment of Prem Prabhakar as its new Managing Director and Chief Executive Officer, effective June 4, 2024. In addition to Prabhakar's appointment, SVL announced the launch of its latest...

DeWinter Group, a prominent staffing solutions provider specializing in finance, accounting, and IT, has announced the reappointment of Derek DeWinter as CEO. Derek DeWinter, one of the founding partners, initially served as CEO from 2000 until 2019, when he transitioned to the role of President. This change facilitated Shane Oberg's...

The CEOs and top-level executives of financial institutions have found themselves having to remain compliant with regulations, which continue to change, while taking on board new fintech innovations to stay abreast with changes being made in the fintech industry. But between this delicate balancing act, there is a way to...

Copenhagen-based shipowner and operator Lauritzen Bulkers has announced Martin Egvang, the founder and CEO of Integrity Bulk, as its new Chief Executive Officer. Egvang will assume his new role on September 1, 2024, succeeding Niels Josefsen, who announced his retirement in April to focus on personal interests and spend time...

A recent study by the IBM Institute for Business Value highlights the challenges banking and financial markets (BFM) CEOs face as they rapidly integrate generative AI into their operations. The global survey included over 3,000 CEOs from various industries and regions, with 297 participants from retail, corporate, commercial, and investment...

Benjamin Graham, the intellectual father of stock analysis, is often quoted as saying, “In the short run the stock market is a voting machine; in the long run it is a weighing machine.” His comment contains two crucial insights. First, in the short run, stock returns are driven mainly by...

Diane Hendricks, hailing from Osseo, Wisconsin, envisioned a future far from the dairy farm she grew up on. Today, at 77, she stands atop the list of America's Richest Self-Made Women for the seventh consecutive year, with an estimated net worth of $20.9 billion, largely attributed to her roofing supplies...

Glenn Fogel, the CEO of Booking Holdings and its flagship brand Booking.com, claimed the title of the highest-paid travel CEO among S&P 500 companies in 2023, with a total package valued at $46.7 million. For the analysis, only pure-play travel companies were considered, excluding CEOs from banks such as JPMorgan...

A few years ago when I was looking to rent a house for the first time in 30 years, I was unsuccessful for the first 6 houses I applied for. I couldn’t understand it - I ran my own successful business, I had money in the bank, and great references....