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The Winklevoss twins, Tyler and Cameron, remain influential figures in the cryptocurrency industry, with Bitcoin holdings estimated at 70,000 BTC. Similarly, Elon Musk's Tesla maintains a significant position with 11,509 BTC, reflecting the growing involvement of major corporate players in the crypto space. Governments worldwide are also key participants in...

CEO Explainers

Intel Announces Leadership Transition as Pat Gelsinger Retires

CEO ExplainersAnna Siampani

Intel Corporation (NASDAQ: INTC) has announced that CEO Pat Gelsinger has retired, concluding a distinguished career spanning more than 40 years. Effective December 1, 2024, Gelsinger also stepped down from the company’s board of directors. In the interim, David Zinsner, Intel’s Executive Vice President and Chief Financial Officer, and Michelle...

Lifestyle and Travel Money and Wealth

The Story Behind the Nizam of Hyderabad’s Wedding Gift that Costs Millions

Lifestyle and Travel Money and WealthAnna Siampani

When Princess Elizabeth married Philip Mountbatten in 1947, she received a remarkable tiara and necklace as a wedding gift, now valued at over $83 million. This gift came five years before her coronation as Queen of England. Renowned for her impeccable taste in jewelry, the late Queen Elizabeth II curated...

Money and Wealth Special Reports

Delaware Judge Rejects Elon Musk’s $55.8 Billion Tesla Pay Package

Money and Wealth Special ReportsAnna Siampani

A Delaware judge has once again ruled against Elon Musk’s record-breaking $55.8 billion Tesla compensation package, a decision that could strip billions from the world’s wealthiest individual. On Monday, Kathaleen St. Jude McCormick, the Delaware Chancery Court judge, determined that Musk exerted undue influence over Tesla’s board when it approved...

CEO Perspectives

Todd Greenberg Named New Cricket Australia Chief Executive

CEO PerspectivesAnna Siampani

Cricket Australia (CA) has announced Todd Greenberg as its next chief executive, succeeding Nick Hockley, who will step down at the conclusion of the summer. Greenberg, currently the CEO of the Australian Cricketers' Association (ACA) and a former CEO of the National Rugby League (NRL), had been widely regarded as...

CEO Explainers

Grupo Elektra Shares Plunge 71%, Eroding Ricardo Salinas Pliego’s Fortune

CEO ExplainersAnna Siampani

Shares of Grupo Elektra plummeted 71% on Monday as trading resumed after a prolonged halt, erasing $5.5 billion from billionaire Ricardo Salinas Pliego’s net worth and removing him from the list of the world’s 500 wealthiest individuals. The Bolsa Mexicana de Valores disclosed in a filing that regulators had instructed...

CEO Perspectives

Davos: A Global Stage for Dialogue and Collaboration

CEO PerspectivesAnna Siampani

Davos, Switzerland, the highest town in Europe, has become synonymous with the World Economic Forum’s (WEF) Annual Meeting, a gathering that brings together leaders from government, business, and civil society. Since its inception over 50 years ago, the meeting has aimed to foster global cooperation and address critical issues facing...

Special Reports

Auckland’s Luxury Real Estate Market in New Zealand Sees More Than $80M Surge in Listings Ahead of Christmas

Special ReportsAnna Siampani

In the span of just one week, more than $80 million worth of luxury real estate has been listed in some of Auckland’s most affluent suburbs, including Remuera, Parnell, Orakei, and Epsom. Over 30 high-end homes have entered the market, many seeking buyers before the holiday season. Some properties, with...

CEO Agenda

Unilever Eyes Divestment of Non-Core Food Brands in Strategic Shift

CEO AgendaAnna Siampani

Unilever is preparing to divest several food brands with combined annual sales of approximately $1.05 billion, according to CEO Hein Schumacher. While Schumacher did not disclose specific brands targeted for sale, the move aligns with the company’s ongoing efforts to streamline its food portfolio. Earlier this month, reports surfaced that...

Big Business CEO Agenda

Elon Musk to Launch AI-Powered Game Studio to Challenge Industry Giants

Big Business CEO AgendaAnna Siampani

Elon Musk has announced plans to establish a new game studio under his AI startup xAI, aiming to revolutionize the gaming industry. The tech entrepreneur shared the news on his social media platform X (formerly Twitter), indicating that the studio seeks to disrupt the market and compete with major players...

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CEOWORLD magazine

The Global Influence of Bitcoin in Top 5 Countries – From Billionaires to Governments

Intel Announces Leadership Transition as Pat Gelsinger Retires

The Story Behind the Nizam of Hyderabad’s Wedding Gift that Costs Millions

Delaware Judge Rejects Elon Musk’s $55.8 Billion Tesla Pay Package

Todd Greenberg Named New Cricket Australia Chief Executive

Grupo Elektra Shares Plunge 71%, Eroding Ricardo Salinas Pliego’s Fortune

Davos: A Global Stage for Dialogue and Collaboration

Auckland’s Luxury Real Estate Market in New Zealand Sees More Than $80M Surge in Listings Ahead of Christmas

Unilever Eyes Divestment of Non-Core Food Brands in Strategic Shift

Elon Musk to Launch AI-Powered Game Studio to Challenge Industry Giants

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