CEO Perspectives

For the first time, ByteDance founder Zhang Yiming has taken the top spot as China’s richest individual. Zhang’s net worth surged to $49.3 billion, putting him ahead of former leader Zhong Shanshan, the chairperson of Nongfu Spring, whose wealth declined by 24% to $47.9 billion after facing a public backlash...

The Dubai International Financial Centre (DIFC), a key financial hub across the Middle East, Africa, and South Asia (MEASA), has revealed plans for the second edition of the Future Sustainability Forum. Set for December 4-5, 2024, at Madinat Jumeirah in Dubai, the event aims to promote sustainable practices and facilitate...

During a boxing event in Madrid, Spain, IBA Secretary General and CEO Chris Roberts OBE met with Gilberto Mendoza, President of the World Boxing Association (WBA), to discuss ongoing and future collaborations between the two organizations. The event featured Spain’s Jennifer Miranda securing a victory over compatriot Victoria Albans to...

Just nine months after its previous round of pay increases, Wipro has announced another salary hike for its employees. The company's CEO, Srinivas Pallia, discussed the development during Wipro’s Q2 FY2025 earnings call following the release of its financial results. In the last salary hike, effective December 1, 2023, Wipro...

Arsenal’s American chief, Stan Kroenke, has climbed to the 99th spot on the Billionaires Index, with an estimated net worth of $20.7 billion. The billionaire, through his firm Kroenke Sports and Entertainment (KSE), has been involved with Arsenal since May 2007, officially joining the Board of Directors in September 2008....

The family holding company of Bernard Arnault, France’s wealthiest individual and the luxury goods magnate, announced on Thursday that it has entered into exclusive negotiations to acquire a majority stake in Ligue 2 football club Paris FC. Additionally, energy drinks giant Red Bull is in talks to secure a minority...

Hong Kong has been ranked the freest economy in the world among 165 economies, according to the "Economic Freedom of the World: 2024 Annual Report" released by the Fraser Institute on October 16. The city climbed one spot from last year to reclaim the top position. In the report's five...

The trio of executives who form the "Office of the CEO" at Paramount Global have secured improved compensation deals as they remain in their roles during the ongoing merger process with Skydance Media, which is expected to conclude in the first half of 2025. The group, consisting of co-CEOs George...

In a move to accelerate enterprise AI innovation, NVIDIA founder and CEO Jensen Huang joined Lenovo CEO Yuanqing Yang on stage at Lenovo Tech World 2024 in Seattle. Together, they introduced the Lenovo Hybrid AI Advantage with NVIDIA, a comprehensive platform designed to build and deploy AI capabilities across enterprises,...

The 2024 Nobel Prize in Economics has been awarded to three economists based in the United States—Daron Acemoglu, Simon Johnson, and James Robinson—for their research on the advantages of democracy, the rule of law, and why these institutions thrive in some countries but not in others. Acemoglu, a Turkish-American economist,...