archiveWealth Insider

Wipro has announced the appointment of Omkar Nisal as the Chief Executive Officer of its Europe Strategic Market Unit (SMU), with his new role taking effect immediately. Nisal will report directly to Srini Pallia, Wipro’s Chief Executive Officer and Managing Director, and will also become a member of the Wipro...

According to the latest data from Eurostat, Spain and the UK emerged as the leading destinations for EU university students participating in mobility programs lasting at least three months. In 2022, nearly 364,000 EU students, representing 9% of the total university population, took part in such programs abroad. Eurostat reported...

‘Every generation blames the one before it and all of their frustrations come beating on your door.’ So said Generation-X social commentators of the 1980s, Mike and The Mechanics. Although they also said ‘Take the children and yourself and hide out in the cellar’... so maybe you should take their...

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...