archiveUltra High Net Worth individuals Insider

Steve Donohue, CEO and Managing Director of Endeavour Group has announced his decision to step down after more than six years in the top role and 30 years with the company. The announcement was made in a statement to the ASX, with the board and Donohue agreeing that now is...

Mira Murati, OpenAI’s Chief Technology Officer, has announced her decision to step down from the company. In a post shared on X, she explained her departure, stating that she wanted to make space for personal exploration while focusing on ensuring a smooth leadership transition. Murati’s exit comes alongside two other...

Aliko Dangote, Chairman and CEO of Dangote Group, visited Maiduguri to announce a significant financial commitment aimed at supporting flood relief in Borno State. He pledged $610,000 to the National Emergency Management Agency (NEMA) to assist in mitigating the severe destruction caused by recent floods. Additionally, Dangote committed $305,000 directly...

A recent report by Oxfam reveals that the richest 1% of the global population holds more wealth than the bottom 95% combined. The study underscores the significant power billionaires exert over the world economy, with more than a third of the top 50 global corporations either being led by or...

Employee engagement and retention remain critical challenges for organizations striving to thrive in today’s rapidly evolving work environment. Senior leaders play a crucial role in creating a culture where their teams feel valued, recognized, and motivated to excel. One of the most effective yet often overlooked strategies to achieve this...

In a middle-class society, presidential candidates often actively engage with this demographic during elections, as wealth, whether from new fortunes or high-paying professions, does not automatically garner respect without merit. Individuals in such societies generally enjoy better opportunities for success, and income distribution tends to be more equitable. Key characteristics...

The Walton family, long associated with immense wealth through their ties to Walmart, the world's largest retailer, has reached a new milestone. For the first time, two Walton heirs have surpassed the $100 billion mark in net worth, with a third sibling close behind. This surge in wealth comes as...

Oracle’s recent stock rally propelled its Chairman, Larry Ellison, to briefly claim the title of the world’s second-richest person, surpassing Amazon’s Jeff Bezos. The surge in Oracle shares, which jumped 5.1% on Monday, increased Ellison’s fortune by $8.1 billion since Friday, bringing his net worth to approximately $206 billion. In...

Dubai’s property market is experiencing another record-breaking year in 2024, with sales and property values surging, according to local real estate firms. The city’s booming demand, particularly in the luxury segment, is driving up prices across the board, as the UAE is on track to become the world’s top destination...

Following Verizon's announcement of its acquisition of Frontier Communications, speculation about a new race for fiber assets has surged. Yesterday, AT&T and BlackRock responded with news of an expanded plan for their Gigapower fiber joint venture, while AT&T also revealed four new partnerships aimed at accelerating its fiber network growth....