archiveUltra Rich Insider

Turkey has recorded the highest annual increase in rent among European Union members and EU candidate countries, according to Eurostat data. From May 2023 to May 2024, rents in Turkey soared by 125.1 %, significantly outpacing Hungary, which saw a 12.8 % increase. This sharp rise in Turkish rents occurred...

The median pay package for a U.S. CEO last year was nearly 200 times the salary of a typical employee at their company, yet Elon Musk's Tesla compensation far exceeds even these figures. On Thursday, Tesla shareholders voted to reinstate Musk's 10-year pay plan, valued at $44.9 billion in April....

AI-driven influencer marketing platform Humanz has named Liran Liberman as its new CEO. Liberman, who previously served as the company's Chief Revenue Officer, played a pivotal role in Humanz's revenue growth and the establishment of its U.S. operations over the past year. This leadership change coincides with outgoing CEO Liav...

One of the challenges faced by small to medium-sized businesses is maintaining sufficient cash flow. Businesses must receive customer payments on time in order to pay suppliers on time. They may also have difficulty securing loans and lines of credit that allow them to keep sufficient cash on hand. Digital...

Markus Zetterström has taken the helm as CEO of Sinonus, a promising spinout from Chalmers University of Technology and KTH, which is part of the Chalmers Ventures portfolio. In his new role, Zetterström will steer the company towards commercializing its innovative carbon fiber technology that serves dual purposes as battery...

OpenDrives, a specialist in media and entertainment (M&E) software-defined storage, has appointed Sean Lee as its new Chief Executive Officer. Lee succeeds Izhar Sharon, who was appointed CEO in December 2022, to diversify the company's focus beyond its M&E niche—a strategy that has now been reconsidered. Sean Lee, who previously...

In a world where the necessity of remote work is transitioning from a temporary solution to a long-term remote/hybrid working strategy, businesses are continually seeking ways to optimize their operations and maintain a cohesive and productive workforce. My conversation with Marco Costa, CEO of Exclaimer, a leading email signature management...

Hock Tan, CEO of Broadcom Inc., led the Associated Press's executive compensation survey with a package valued at approximately $162 million. This includes stock awards worth $160.5 million granted on October 31, 2022, for Broadcom's 2023 fiscal year. Tan could potentially earn up to 1 million shares starting in fiscal...

Despite notable progress since joining the European Union, many Central and Eastern European (CEE) countries still rank in the bottom third of the new Prosperity Index published by Erste Group Research. The index assesses all 27 EU member states across five categories: Economy, Households, Society, Education, and Sustainability. The lower...

Angola, Botswana, Namibia, Zambia, and Zimbabwe are streamlining travel for foreign visitors by eliminating the need for separate visas. Authorities from these five countries have agreed to work on implementing a unified Schengen-style visa, as reported by VisaGuide.World. This single visa initiative will allow travelers to move freely among Angola,...