archiveWealth Insider

In 2024, Julius Baer has reported a 12% increase in assets under management, reaching 480 billion Swiss francs, thanks to substantial net new money inflows across key global markets. Between July and October, the bank saw net new money flows amounting to 7.5 billion francs. Although a major transaction boosting...

OpenAI's tax filings for 2023 revealed that CEO Sam Altman earned $76,001 in compensation for leading what has become one of the world's most valuable startups. This amount represents a 3.4% pay increase from 2022 when he earned $73,546. For comparison, the median household income in San Francisco County—where Altman...

For CEOs, understanding the emotional well-being of employees during the holiday season isn’t just compassionate—it’s strategic. While many organisations face a slowdown, the race to meet end-of-year goals or finalise budgets can create added stress. Proactively addressing the emotional needs of your team during this time is essential for fostering...

Elon Musk, the billionaire CEO of Tesla and one of the world’s richest individuals, has appointed Mahmoud Reza Banki as the new CFO of X, formerly Twitter. This marks the first publicized appointment of a CFO since Musk acquired the social media platform in 2022 and dismissed key executives, including...

Amazon founder Jeff Bezos and Oracle co-founder Larry Ellison have continued their back-and-forth rivalry for the No. 2 spot on the world’s billionaire rankings. As of Thursday afternoon, Ellison narrowly edged out Bezos, with an estimated net worth of $228.4 billion compared to Bezos’ $227.3 billion. Both remain behind Tesla...

Timur Yusufov is a Maryland-based entrepreneur and visionary in real estate development and healthcare innovation. With a background in Economics and Finance from the University of Maryland, Baltimore County (UMBC), Timur combines strategic insight with a commitment to creating sustainable, community-centered spaces. As the owner of Unique Homes, LLC, he...

Prudential Financial has announced that Jacques Chappuis, former co-head of Morgan Stanley Investment Management, will assume the role of chief executive officer of PGIM on May 1, 2025. Chappuis will succeed David Hunt, the current CEO, who will be retiring after a 13-year tenure in which PGIM’s assets under management...

The economic future may rest in the ocean, where a range of profitable opportunities, from tourism to energy, are emerging. However, the blue economy and the ocean itself are increasingly threatened by climate change, and without strong government intervention, these issues may intensify. At the same time, the ocean could...

In a rapidly changing labor market shaped by technology and shifting workforce preferences, freelancing is taking center stage. According to Xenios Thrasyvoulou, Founder and CEO of TalentDesk.io, the freelance economy is poised for long-term growth, despite the complex interplay of forces impacting its trajectory. In a recent interview with me,...

Washington, D.C. has long faced criticism as a potential tech hub, dismissed as too steeped in government culture—risk-averse, slow-paced, and lacking a focus on profitability. However, over the past 15 years, the city’s landscape has shifted as technology innovation spread beyond Silicon Valley, and D.C.’s economy experienced substantial growth. Today,...