Money and Wealth

Jensen Huang has been the prominent face of Nvidia and its chief advocate, continuously promoting the capabilities and advantages of using the company's GPUs for AI development. Following a rally on Thursday that pushed Nvidia's stock to a record high, the holdings of its CEO, Jensen Huang, now exceed $90...

Jimmy Rane, the founder and CEO of Great Southern Wood Preserving, is a prominent figure in the lumber industry, known for producing decks, fences, and other treated lumber products. Rane is famously recognized as "the Yella Fella," a cowboy persona he embodied in the company's television commercials. Starting with a...

Michael Phelps, often hailed as "arguably the greatest Olympian ever" by the Olympics website, boasts an unparalleled record of 28 Olympic medals, 23 of them gold. This achievement more than doubles that of his closest competitors, cementing his legacy as a swimming legend. Phelps first retired in 2012 but made a...

Despite heavy corporate losses, some CEOs on the S&P received high compensation packages with three of them earning $15 million or more. For instance, Pfizer and Moderna, leading healthcare companies, experienced a decline in performance due to reduced demand for COVID-related vaccines, resulting in financial losses and weaker overall performance....

The significant depreciation of the Japanese yen (JPY) against the U.S. dollar (USD), coupled with the notable strengthening of the USD against other currencies, have emerged as major issues in today's financial markets. Earlier, we witnessed the remarkable surge in the Japanese stock market and the significant decline of the...

Uday Kotak, the visionary behind Kotak Mahindra Bank Ltd, confronts a significant challenge following the unexpected regulatory ban imposed on the institution. The Reserve Bank of India (RBI) decree, citing governance concerns and technological risks, dealt a severe blow to the bank, triggering a precipitous decline in its shares by...

Atlassian, the Sydney-based software juggernaut led by Australian tech billionaire Scott Farquhar, is undergoing a significant leadership transition. Farquhar, a co-founder and joint CEO, will step down from his role at the end of August to prioritize spending time with his young family and delve deeper into philanthropic endeavors. Farquhar's...

Elon Musk, the South Africa-born entrepreneur and CEO of Tesla, witnessed a significant surge in his net worth, soaring by $9.8 billion within the last 24 hours. This remarkable increase followed Musk's announcement regarding Tesla's plans to commence production of new models earlier than anticipated, potentially as soon as late...

Anand Jain, the Chairman of Jai Corp Limited, shares a lifelong friendship with Mukesh Ambani, the Chairman of Reliance Industries Limited. In 2007, he ranked as the 11th richest Indian, with a staggering net worth of $4 billion. However, by 2012, his net worth had decreased to $525 million. Anand's...

In a move that has ignited discourse within the financial realm, TKO Group Holdings, the parent company of UFC and WWE, disclosed the eye-catching compensation package awarded to its CEO, Ari Emanuel, in the preceding year, totaling an impressive $64.91 million. Emanuel's compensation, outlined in a regulatory filing by TKO,...