Merchants Fleet announces the forthcoming retirement of Brendan P. Keegan, its esteemed Chairman, CEO, and President, effective May 17, 2024. Keegan's decision to retire signifies a transition towards pursuing his diverse passions while retaining his position as the company's third-largest shareholder and staunchest supporter. In the wake of Keegan's departure,...

OpenAI has announced significant changes to its board of directors, marking a pivotal moment in the organization's leadership landscape. Notably, former CEO Sam Altman will be rejoining the board after several months of absence alongside three distinguished new members: Sue Desmond-Hellmann, Nicole Seligman, and Fidji Simo. Desmond-Hellmann, renowned for her...

Virgin Money, a UK bank in which British billionaire Richard Branson owns a 14.5% stake, has received a takeover bid of £2.9 billion from banking rival Nationwide Building Society. If the deal is successful, Branson could receive a personal cash windfall of at least £420 million ($539 million). However, there...

According to recent CEOWORLD magazine reports, Ray Dalio's hedge fund, Bridgewater Associates, has invested in several stocks. As of the end of the fourth quarter of 2023, the company reported owning 214,126 shares of Exxon Mobil Corp (NYSE: XOM), worth $21,4 million. Another company on the list is Aon PLC...

Yep, He Did It Again: Rupert Murdoch, a media mogul who is about to turn 93, has been married four times before and is now engaged once again. His to-be wife is Yelena Zhukova, a 67-year-old Russian-Jewish scientist specializing in molecular biology, whom he met last year. Yelena's ex-husband is...

US President Joe Biden has recently proposed a new tax plan that would require individuals with a net worth of over $100 million to pay a minimum of 25% in taxes. This tax plan is projected to generate an estimated $500 billion in revenue over the next decade. In addition...

As of February 20, 2025, Elon Musk has a net worth of US$396.8 billion, making him the wealthiest person in the automotive industry. Robin Zeng follows in second place with $39.1 billion, and Wang Chuanfu ranks third with $26.7 billion. Methodology: The list of the richest people, compiled by CEOWORLD...

As of February 20, 2025, Diane Hendricks has a net worth of $21.9 billion, making her the wealthiest person in the construction and engineering industry. Anthony Bamford & family ranks second with $8.5 billion, and Nassef Sawiris ranks third with $7.9 billion. Methodology: The list of the richest people, compiled...

As of February 20, 2025, Leonid Mikhelson & family has a net worth of US$29.1 billion, making him the wealthiest person in the energy industry. Lyndal Stephens Greth & family follows in second place with $27.9 billion, and Low Tuck Kwong ranks third with $27.8 billion. Methodology: The list of...