Money and Wealth

Over the years, the cash tips on RuPaul's Drag Race and All Stars have witnessed a significant increase, revolutionizing the financial landscape for participating queens who invest heavily in their looks for the show. In the history of Drag Race, winning a maxi challenge during a regular season now comes...

Kevin David Lehmann, a relatively unknown figure in the public eye with a net worth of approximately $2,9 billion, commands an impressive 50% stake in Germany's renowned drugstore chain, dm (Drogerie Markt), which boasts an annual revenue exceeding $14 billion and operates more than 4,000 outlets across Europe. In 2023...

The world's five wealthiest individuals under the age of 30, hailing from two prominent families, boast a collective net worth approaching $24 billion in the current year. The Mistries, based in Ireland, comprise Zahan and Firoz Mistry, aged 25 and 27, with individual net worths of $4.9 billion each. Primarily...

According to a recent survey conducted by CEOWORLD magazine, 42% of American CEOs are optimistic about the economy and expect it to improve in the next 12 months. This percentage shows a significant increase from last year's 33%. The survey was conducted among 126,500 CEOs from 105 countries, including 38,000...

A recent report by the Australian Council of Social Service and the University of New South Wales reveals that Australia's wealthiest millennials owe their financial status more to parental assistance than to high-paying jobs. The study underscores the significant role of parental support in shaping the wealth distribution among young...

With a record 14 individuals joining the exclusive $100 billion Club, the collective fortunes of the elite few now exceed $2 trillion, representing a staggering 14% of all billionaire wealth. This concentration underscores the widening wealth gap, with just 0.5% of the world's 2,781 billionaires holding such significant assets. Moreover,...

The latest ranking of the wealthiest individuals in Nigeria for 2024 spotlights the enduring financial prowess of prominent figures in the nation's business landscape. Topping the list is Aliko Dangote, Africa's wealthiest individual, with a staggering fortune of $13.4 billion. Dangote's conglomerate, the Dangote Group, stands as a beacon of...

Despite a lackluster performance in 2023, South Korea's Kospi index witnessed a remarkable rebound in 2024, fueled by a fervent investor interest in artificial intelligence (AI) and a groundbreaking government-private sector initiative aimed at establishing the country as a global hub for chip production. The Kospi's impressive 11% surge over...

Once considered an underdog in the media landscape, Viacom18, along with its JioCinema streaming service, is set to emerge as a dominant force in the $28 billion Indian media market. Backed by Mukesh Ambani, chairman of Reliance Industries and Asia's wealthiest individual, Viacom18 plans to merge with Walt Disney Co.'s...

At the age of 70 years old, Oprah Winfrey continues to reign as one of the most influential figures in the entertainment industry. The Oprah Winfrey Show, which aired from 1986 to 2011, remains a cultural phenomenon, boasting an impressive 4,561 episodes. According to Own podcasts, the show holds the...