Sixty of the UK's wealthiest individuals collectively paid more than $3.9 billion in income tax during the 2021/22 fiscal year, contributing a significant share of the nation's tax revenue. Each of these high earners reported an income of approximately $65.4 million, though many likely earned far more and contributed through...

Renewable energy, led by solar, is on track to supply nearly half of the world's electricity demand by the end of the decade, according to a new report from the International Energy Agency (IEA). The report "Renewables 2024" highlights how supportive policies and favorable economic conditions are driving a surge...

Kering has announced the appointment of Stefano Cantino as the new CEO of Gucci, effective January 1, 2025. Reporting to Francesca Bellettini, Kering’s Deputy CEO in charge of Brand Development, Cantino will also hold a seat on Kering’s Executive Committee. Cantino, who joined Gucci in May 2024 as Deputy CEO,...

A recent survey of over 338 family offices shows that the world’s wealthiest families are increasingly directing their portfolios toward riskier assets rather than holding cash. According to Citi Private Bank’s 2024 Global Family Office Report, 43% of respondents increased their exposure to public and private equity, while half raised...

Among the 100 richest people in the United States, three sports billionaires have made their mark, with NBA legend Michael Jordan standing out as the only athlete to appear on the list of the wealthiest individuals in the country. Stanley Kroenke, a powerhouse in both sports and real estate, ranks...

What Drives Innovation: People or Ideas?  Ed Catmull, co-founder of Pixar Animation Studios, often asked whether people or ideas are more important for innovation. Surprisingly, many choose ideas. In today’s AI-driven world, even more might lean that way. Yet, innovation is driven by the people who bring ideas to life,...

It’s no secret that artificial intelligence (AI) has been around for a while, with machine learning and neural networks propelling innovation for many years. However, recent advancements in large language models (LLMs) have enabled significant improvements in Generative AI that are continuing to change the way we do business -...

“We are facing turbulent challenges.” “Navigating turbulent waters.” “There might be some turbulent times ahead.” “These are turbulent times.” Every business leader will tell you to expect the unexpected when building, launching, joining, or expanding a company. While economic and political trends can be forecasted and safeguarded against, what happens...

Professionally speaking, my venture into the world of CEO Peer Advisory Groups began in the spring of 2010 after accepting a position to lead corporate communication at Vistage Worldwide. In the wake of the 2008 financial crisis, Vistage had fallen off the national media stage, and the CEO wanted to...