archiveUltra Rich Insider

Signify, the world’s largest lighting manufacturer, announced a nearly 10% decline in its 2024 core profit on Friday. The company also revealed that CEO Eric Rondolat would step down following the annual general meeting scheduled for April. Rondolat, who is 58, played a critical role in guiding Signify’s 2016 spin-off...

In its latest Global Economic Prospects report, the World Bank (WB) has projected Vietnam’s GDP growth to reach 6.6% in 2025, reflecting a 0.1 percentage point increase compared to its October 2024 forecast. For 2026, Vietnam’s GDP growth is expected to slow slightly to 6.3%, 0.2 percentage points lower than...

Chandulal Dhanani, based in South Africa, is a trailblazer in the textile and agricultural industries. As the founder of Dhanani Sustainable Ventures, he has combined his deep-rooted connection to the land with a passion for ethical entrepreneurship. Chandulal’s innovative approach to high-quality cotton textiles and organic farming has transformed rural...

Nearly 60% of CEOs worldwide anticipate an improvement in global economic growth over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, released during the World Economic Forum Annual Meeting. The survey, which gathered insights from 4,701 CEOs across 109 countries and territories, also revealed that 42%...

Generative AI (GenAI) continues to influence organizational strategies, with over half of CEOs reporting improvements in workforce efficiency and one-third citing financial gains, according to new research. PwC’s 28th Annual Global CEO Survey, which gathered responses from 4,701 CEOs across 109 countries, revealed that 56% of respondents experienced enhanced workforce...

Ryan Rearden is an accomplished business leader and entrepreneur, recognized for his strategic acumen and innovative approach across multiple industries. Born on April 26, 1988, Ryan began his career in hospitality and quickly ascended to notable roles, including Manager at Aria Las Vegas and Financial Analyst for MGM Resorts International....

South African billionaire Johann Rupert, the country’s wealthiest individual, has officially brought his family’s longstanding connection to the global tobacco industry to an end by fully divesting from British American Tobacco (BAT). Reinet Investments, one of Rupert’s primary investment entities, announced on Tuesday, January 14, 2025, that it had sold...

Zhou Chaonan has earned a coveted spot among China’s elite circle of female billionaires and joined the global ranks of the 500 wealthiest individuals. This remarkable achievement comes on the heels of her company’s skyrocketing stock performance, which has positioned it as a key player in the field of artificial...

Ilia Rozman’s rise from humble beginnings to leading an AI-focused marketing agency offers a case study in the evolving role of artificial intelligence in business. As founder of the AI Influencer Agency, Rozman leverages AI to create digital influencers that blend emotional storytelling with technological innovation. The broader implications of...

CM Biomass, a global leader in wood pellets and biomass supply, has announced the appointment of Simon Plagborg as its new CEO, effective January 6, 2025. Since December, the company’s interim CEO role had been held by Ask Michael Munck, who will now return to his position as Group CFO....