Money and Wealth

Industrial & Commercial Bank of China (ICBC) tops the list of the world's biggest banks in 2023 with a total of US$5.74 trillion in assets. The 10 biggest banks hold a combined worth of around $38 trillion, and four out of the top five are Chinese banks. Out of the...

It should be no shock when Rupert Murdoch, at 92 years old, declares his retirement. The age of many business leaders, such as Warren Buffett of Berkshire Hathaway, has been in the spotlight lately. Buffett, who's 93, recently said that it'll be quite some time before his successor takes over,...

From the opulence of a Rolls-Royce to the sleek elegance of a Lamborghini, auto manufacturers have a stellar reputation for producing some of the most exquisite, cutting-edge vehicles on the planet. They're known for their unparalleled quality, design, and engineering, and their vehicles have become symbols of status and power...

The Chinese economy is known for its distinctive difficulties and chances. Aging demographics, slumping productivity, shrinking labor force, the U.S. and other nations limiting tech transfer, the real estate market correcting its bubble, high unemployment among the younger generation, corruption, and regulatory alterations can all affect businesses and, hence, the...

A new Visa Billionaire Card has been recently released by the partnership between luxury group Majestas, Primavera Investments, and Jacob & Co. watchmaker and jeweler, thus creating a new competitor for the American Express Centurion black card. The Billionaire Card is exclusively accessible to those with a significant amount of...

Make no mistake - productivity is a leadership issue. Or at least it should be. Unfortunately, I work with many leaders who only see productivity, or the need to increase productivity, as an issue to be resolved for their team, not necessarily for them personally. They convince themselves that they...

It was a few years back that a group of unknown financiers purchased a 200 square kilometer land situated between Napa Valley, Sacramento and San Francisco for a colossal $800 million. The purpose of the purchase was to construct an independent, pedestrian-friendly metropolis where inhabitants could both live and work....

With a net worth of nearly 3.8 billion U.S. dollars, Clemente Del Vecchio, aged 19, is the youngest billionaire on the planet, primarily attributed to his late father’s eyeglass empire, Luxottica. He was followed by Kim Jung-youn ($1.2 billion), Kevin David Lehmann ($2.5 billion), Kim Jung-min ($1.2 billion), and Luca...

In the current global economic crisis, some of the world’s wealthiest, people, such as Gautam Adani, Carl Icahn, and Zhang Yiming have endured a collective loss of over $10 billion in their net worth. But, who's been the most affected? Gautam Adani suffered a massive loss of $55.4 billion in...

The United Arab Emirates (UAE), a center of luxury and opulence, has developed into a hub for businesspeople worldwide. According to data from the CEOWORLD magazine’s executive council statistics division, the United Arab Emirates (UAE) is represented in the list of billionaires by Pavel Valeryevich Durov, Hussain Sajwani, Abdulla bin...