archiveUltra Rich Insider

Despite economic uncertainties, both Australian and global CEOs are increasingly prioritizing investments in generative AI (Gen AI), according to KPMG International's annual CEO Outlook survey. The survey, which gathered insights from 1,325 CEOs across 11 major economies, found that 58% of Australian CEOs and 64% of global CEOs view Gen...

Before starting my current business, I owned a company called Dominic’s of New York. It was a chain of food trucks way before food trucks were a thing. The concept was simple, we sold Northern American style subs out of a trailer located in front of Lowes Home Centers. Our...

The Hong Kong Academy for Wealth Legacy (HKAWL) recently hosted its second summit, which saw a significant increase in attendance, with a 50 percent rise in participants compared to the inaugural event earlier this year. The three-day summit, held from Thursday to Saturday, attracted representatives from family offices across mainland...

The 136.8-meter superyacht Alibaba was recently spotted undergoing sea trials near Brunsbüttel, Germany. Launched in December 2023, the vessel’s naval architecture was developed in-house by the renowned German shipyard Lürssen. Despite the yacht's public debut, most details about Alibaba have remained shrouded in secrecy since construction began in 2019. Visually,...

Gitte Gard Talmo, the Chief Executive Officer of Norwegian offshore vessel owner Eidesvik Offshore, has announced her resignation after more than two decades with the company. Talmo is stepping down to pursue a new position with an international company abroad. Eidesvik Offshore confirmed the news in a statement, acknowledging Talmo's...

Wealthy buyers are increasingly choosing Miami as their destination of choice, fueling a surge in demand for ultra-luxury homes priced over $10 million. Miami-Dade County saw 102 residential transactions over this price point in the first half of 2024, a 32% increase from the same period in 2023, according to...

We are always on. In today’s digital everything world, is there ever a time we are not reachable? In the morning, is the phone the recipient of your first physical contact and engagement? My bet, for most of us, the answer is yes. It continues, with incremental, gradual creeping insertions;...

The trial of former Volkswagen CEO Martin Winterkorn began with him denying all charges related to the "dieselgate" scandal that erupted nine years ago. His lawyer, Felix Doerr, stated that Winterkorn "rejects the accusations leveled against him" during a hearing in Braunschweig, near Volkswagen's headquarters in Wolfsburg. Volkswagen admitted in...

Africa, which accounts for 18 percent of the world’s population and 20 percent of its landmass, contributes only four percent of global annual greenhouse gas emissions, and even less when considering cumulative emissions since the Industrial Revolution. Despite its minimal role in causing climate change, Africa is already facing severe...

Whether Donald Trump will become the next Republican President of the United States remains uncertain. If he secures the presidency, which seems probable, the implications for China's future international landscape are worth considering. A notable observation is that Trumpism, particularly in its approach to China, centers on economic populism. This...