Billionaires

Behaving like a billionaire is an important step in becoming a billionaire. This is because behavioural patterns define our individual personalities. Billionaires are not small-minded people. They think big, challenge conventions, identify a need and provide solutions that generate billions for them.  According to Forbes, there are about 2668 billionaires…

The former CEO of Steinhoff International, Markus Jooste has been given a 20-year ban from serving as a director. This ban, accompanied by two R7.5 million fines($441,000), comes on the heel of Markus’s involvement in the largest-ever South Africa accounting scandal. The South African businessman received these humiliating sanctions from…

World’s richest man, Bernard Arnault has appointed his daughter as the Chairman and Chief Executive Officer of Christian Dior Couture. The co-founder and CEO of the French conglomerate LVMH also reshuffled several principals at the top echelon of his organization. In a statement released by the company, Bernard replaced long-time…

The influence of billionaires on the world’s politics, business, and philanthropy is enormous. According to Forbes, there will be 2,668 billionaires in the globe in 2022. The richest of them all is Bernard Arnault, co-founder and CEO of (LVMH), who rose to the position of the richest man in the…

The net worth of Nigerian billionaire Abdul Samad Rabiu, which recently surpassed $7 billion, shows no signs of slowing down, .owing to a boom in the shares of his publicly traded businesses. Rabiu is Nigeria’s second-richest person and one of the African continent’s wealthiest businessmen, with his fortune derived from…

Earlier this year, a regulatory filing with the Securities and Exchange Commission (SEC) disclosed that Elon Musk distributed more than 5 million Tesla shares in November 2021. Musk made the donations just days after the UN World Food Programme explained how $6 billion of Musk’s fortune could help end world…

The recent surge in the net worth of Ethiopia’s richest man, Mohammed Al-Amoudi is a testament to the power of his diverse and far-reaching portfolio of investments. After seeing his wealth drop by more than $500 million in the first nine months of 2022, Al-Amoudi has managed to recover much…

According to a report by UBS Group AG, an international investment bank, 360 billionaires worldwide lost their billionaire status in 2022. The provider of financial services links the fall to macroeconomic volatility, geopolitical tensions, and supply chain disruptions that affected the performance and valuation of companies. The group estimates that…

Elon Musk, the CEO of Tesla and Twitter, has lost his title as the richest person in the world. This was announced by Forbes on Thursday. With a net worth of $183.6 billion, Mr. Musk was ranked second on Forbes’ list of “Real-Time Billionaires.” He’s replaced by Bernard Arnault, CEO…

According to a report, Elon Musk, the new CEO of Twitter, has turned some office spaces into cramped sleeping accommodations at the company’s San Francisco headquarters. Some of the hallmarks of the rooms include unmade mattresses, dull drapes, and enormous conference room telepresence monitors. Not only that, but one of…