Money and Wealth

In the realm of mega fortunes, the titans of tech have experienced contrasting trajectories this year, with Facebook founder Mark Zuckerberg witnessing a staggering $60 billion surge in wealth while Tesla CEO Elon Musk grapples with a significant $48 billion loss. Zuckerberg's ascent sees him reclaiming the title of the...

Organisational success in an era of global challenges requires leaders to embrace a sustainable leadership approach, focusing on outcomes that balance current needs with long-term objectives. Striking this balance is challenging but imperative. A PWC report found that nearly 40% of global CEOS thought the organisation they led would not be viable...

Taylor Swift joins the elite club of billionaires, marking the onset of her "billionaire era," while Elon Musk reclaims his title as the world's wealthiest individual. Swift makes her debut on the list with an estimated wealth of $1.2 billion, fueled by her Eras Tour and earnings from re-recording her...

The Meijer family, renowned for their grocery store empire valued at $15.9 billion, holds the 27th position on the list of 45 families with net worths exceeding $10 billion. With its headquarters nestled in Grand Rapids, the supermarket chain traces its roots back to Greenville, Michigan, in 1934, amid the...

UBS announced on Thursday that CEO Sergio Ermotti, who is navigating the wealth management giant through the intricacies of integrating Credit Suisse, is willing to extend his tenure. In a letter included in the UBS annual report, Ermotti and UBS chairman Colm Kelleher revealed that Ermotti is committed to remaining...

Centrica's chief executive, Chris O'Shea, witnessed a notable increase in his annual pay, totaling approximately $10.4 million for 2023, as revealed in the energy company's latest annual report. This substantial rise, from $5.7 million in the previous year, was primarily attributed to bonuses linked to Centrica's share price performance and...

Over the weekend, a Bitcoin address ranked among the top five wealthiest in the cryptocurrency ecosystem transferred $6 billion worth of the asset to three newly created wallets, igniting speculation and interest within the crypto community. The transfer, facilitated by blockchain analytics firm Arkham, involved splitting the initial 94,500 BTC...

Donald Trump's net worth witnessed a staggering leap to $6.5 billion, catapulting him into the esteemed ranks of the world's wealthiest individuals. This substantial increase from his previous high of $3.1 billion underscores the significant wealth accumulation attributed to his real estate holdings. The former US President has ascended into...

The Duncan family, renowned for their significant stake in Enterprise Product Partners, founded by the late Dan Duncan in 1968, commands approximately one-third of the company's stock. The family is estimated to have a net worth of $30 billion. Dan Duncan's journey from rural Texas poverty to pipeline magnate epitomizes...

Loujain Adada, known as LJ, has carved a multifaceted career path as a supermodel and television presenter. Rising into the limelight at the tender age of 14, she quickly established herself in the Saudi Arabian entertainment industry, reportedly earning between $15,000 to $30,000 annually. Her ventures in the entertainment sector...