archiveWealth Manager Insider

Expedia has announced the resignation of CEO Peter Kern, with company veteran Ariane Gorin set to take over the position on May 13. Gorin, who has served in various roles within Expedia for over ten years, including as President of Expedia for Business, will also join the board of directors....

Mitchell Baker announced her decision to step down as CEO of Mozilla Corporation, the company behind Firefox, to return to her role as executive chair of the non-profit software organization. Taking over as the new CEO is Laura Chambers, a seasoned tech executive who has been a member of the...

Othman Benjelloun claims the 15th spot of Africa's wealthiest individuals, with a net worth totaling $1.4 billion. Othman Benjelloun is Morocco's second-richest individual, following Aziz Akhannouch. Benjelloun spearheads one of the nation's largest banking conglomerates, BMCE Bank of Africa, overseeing its operations across more than 20 African nations. His father's...

Morocco's Head of Government and billionaire Aziz Akhannouch has once again secured a spot on the 2024 list of Africa's wealthiest individuals, alongside Moroccan businessman Othman Benjelloun. Akhannouch is the 14th richest individual on the continent, boasting a net worth of $1.7 billion. Akhannouch, who assumed office as head of government...

Following Snap's announcement of a loss in the final quarter of 2023, the company's stock experienced a significant decline. Despite reporting a net loss of $248 million for the December quarter, which represented an improvement from the same period the previous year, Snap's shares plummeted approximately 30% in after-hours trading...

Costco Wholesale's longstanding finance chief, Richard Galanti, is preparing to step down. Galanti, who assumed the role of Chief Financial Officer in 1985, has played a pivotal role in Costco's success and has become a prominent figure for the discount membership retailer. His departure coincides with Costco's deliberations over a...

Partnership management platform impact.com has welcomed Dale Lynch as its new Chief Financial Officer. In his role, Lynch will be responsible for overseeing the company's global financial planning, accounting, legal, and corporate development functions. David A. Yovanno, CEO of impact.com, expressed enthusiasm about Lynch's appointment. Reflecting on his new role,...

As of February 5, 2024, Carlos Slim Helu has a net worth of US$99.9 billion, making him the wealthiest person in the telecom industry. Sunil Mittal follows in second place with $8.8 billion, while Rocco Commisso ranks third with $7.4 billion, and Xavier Niel comes in fourth with $6.8 billion....

As of February 5, 2024, Jeff Bezos has a net worth of US$193.8 billion, making him the wealthiest person in the technology industry. Mark Zuckerberg follows in second place with $167.2 billion, while Larry Ellison ranks third with $143.7 billion, and Bill Gates comes in fourth with $124.0 billion. The...

As of February 5, 2024, Stanley Kroenke has a net worth of US$15.7 billion, making him the wealthiest person in the sports industry. Jerry Jones follows in second place with $13.6 billion, while Robert Kraft ranks third with $11.1 billion, and Arthur Blank comes in fourth with $8.2 billion. The...