Money and Wealth

With a staggering net worth of $267 billion, the Walton family of Bentonville, Arkansas, reigns as the wealthiest family in America, courtesy of their substantial stake in Walmart, the global retail behemoth. Despite selling approximately $22 billion worth of Walmart stock over the past decade and generously donating $11 billion,...

Gautam Adani has re-entered the exclusive $100 billion net worth club, marking his return after nearly a year's absence. The Indian tycoon saw his net worth soar by around $269,8 million in a single day, propelling him back into the prestigious club. Adani now stands alongside Mukesh Ambani, who recently...

Kapil Sharma, a celebrated comedian and television icon, has ascended to the summit of wealth in the Indian TV landscape, securing the coveted title of the richest TV actor in India. Surpassing esteemed counterparts in the industry, such as Dilip Joshi and Karan Kundrra, Sharma's rise to financial eminence reflects...

The Al Nahyan dynasty of Abu Dhabi (Abu Dhabi royals) has emerged as the globe's wealthiest entity in 2023, surpassing even the combined fortunes of Jeff Bezos and Warren Buffet. With a staggering wealth totaling $305 billion, the Al Nahyans have eclipsed the long-reigning Walmart Waltons. The Al Nahyans' ascent...

Lisa Su, the first female CEO of a major semiconductor company, has recently joined the ranks of billionaires due to the rally in tech stocks in 2024. Despite owning only a small fraction of the company at 0.2%, her 4 million shares and awarded options make up about 75% of...

Othman Benjelloun claims the 15th spot of Africa's wealthiest individuals, with a net worth totaling $1.4 billion. Othman Benjelloun is Morocco's second-richest individual, following Aziz Akhannouch. Benjelloun spearheads one of the nation's largest banking conglomerates, BMCE Bank of Africa, overseeing its operations across more than 20 African nations. His father's...

Bank of America compensated its chief executive, Brian Moynihan, with $29 million for the year 2023, showing a slight decrease of 3% compared to the previous year. This compensation comprised a $1.5 million salary along with a $27.5 million bonus, primarily in Bank of America stock. Notably, Moynihan did not...

In a significant financial milestone, Meta CEO Mark Zuckerberg has ascended to the position of the fourth richest person globally, overtaking Bill Gates. This achievement follows a remarkable 22% surge in Meta's stock price, contributing to a substantial increase of over $28 billion in Zuckerberg's wealth. Zuckerberg's net worth is...

Pontegadea, the personal investment group of Amancio Ortega worth over €90 billion, is increasing its real estate portfolio. In the last year, Pontegadea has acquired 10 properties worth €1.1 billion, including logistics, office and residential properties. Pontegadea Inversiones SL also owns 59% of Inditex, the parent company of Zara. Ortega,...

In a remarkable turn of events, Clemente, at the tender age of 18, assumed the title of the world's youngest billionaire upon inheriting his stake in his father's fortune in 2022. This transition into the realm of global wealth not only highlights his financial acumen but also positions him as...