archiveWealth Manager Insider

In late 2016, the famous theoretical physicist Stephen Hawking issued a warning note about the ever-accelerating progress of Artificial Intelligence (AI), arguing that it will be "either the best or the worst that has happened to humanity." Many have shared this concern, while others have condemned it as an old-fashioned...

As of May 18, 2023, Tadashi Yanai was the wealthiest person in Japan, with an estimated net worth of 36.9 billion U.S. dollars, followed by Takemitsu Takizaki (No. 2, $23.4 billion), Masayoshi son (No. 3, $21.5 billion); and Takahisa Takahara (No. 4, $7.5 billion). Yasumitsu Shigeta is the fifth-richest person in...

As of May 18, 2023, Giovanni Ferrero was the wealthiest person in Italy, with an estimated net worth of 39.5 billion U.S. dollars, followed by Giorgio Armani (No. 2, $11.6 billion), Massimiliana Landini Aleotti (No. 3, $6.8 billion); and Silvio Berlusconi (No. 4, $6.8 billion). Sergio Stevanato is the fifth-richest person...

As of  May 18, 2023, Eyal Ofer was the wealthiest person in Israel, with an estimated net worth of 19.2 billion U.S. dollars, followed by Idan Ofer (No. 2, $14.2 billion), Igor Bukhman (No. 3, $7.1 billion); and Dmitri Bukhman (No. 4, $7.1 billion). Yuri Milner is the fifth-richest person in...

Saudi Aramco, primarily owned by the Saudi Arabian government, announced a 19% drop in quarterly profits compared to 2022. Saudi Aramco recorded a profit of $31.9 billion in the first quarter of 2023, compared with $39.5 billion for the same period last year. Other oil majors have recorded record profits...

Ethiopia is known as the birthplace of coffee. This country is often helmed as the largest coffee producer in Africa and 5th biggest in the world. Not many people know this, but the drink is a part of Ethiopian culture, seeping deep into their hospitality and tradition. Thus, whether you...

The Republic of Panama lies in the northern part of South America and is home to approximately 4 million people. It is a high-income economy, with much of its revenue generated from the canal tolls alongside tourism and banking. The World Economic Forum ranks Panama among the topmost competitive Latin...

As of May 14, 2023, Carlos Slim Helu was the wealthiest person in Mexico, with an estimated net worth of 99.1 billion U.S. dollars, followed by German Larrea Mota Velasco (No. 2, $28.1 billion), Ricardo Salinas Pliego (No. 3, $13.9 billion); and Alejandro Bailleres Gual (No. 4, $7.9 billion). Maria Asuncion Aramburuzabala is...

What is financial planning? And why is it essential to consider when starting up a new business?  It almost goes without saying that yes, financial planning, the practice of strategically managing one’s financial affairs, is the key to launching, owning and growing a successful startup, but why? Admittedly, for less...

As of  May 11, 2023, Marcos Galperin was the wealthiest person in Argentina, with an estimated net worth of 5.4 billion U.S. dollars, followed by Gregorio Perez Companc (No. 2, $3.0 billion), Eduardo Eurnekian (No. 3, $2.1 billion); and Alejandro Bulgheroni (No. 4, $1.8 billion). Eduardo Costantini, with a whopping $1.3 billion, occupied the...