Global World Wealth

The net worth of the world’s wealthiest woman, Francoise Bettencourt Meyers, experienced a significant decline on Friday, attributed to L’Oreal’s shares plummeting. The French beauty company, owned in part by the billionaire and her family, recorded its worst single-day performance since the Great Recession. KEY FACTS On Friday, Bettencourt Meyers and her family’s wealth dropped […]

A decade after parting ways with his yoga-inspired fashion empire, Lululemon, amidst controversy, billionaire Chip Wilson continues his quest for a new legacy. Despite facing physical challenges due to a rare genetic disorder, the 67-year-old entrepreneur, estimated to be worth $7 billion, remains actively engaged in various endeavors. These include his commitment to battling facioscapulohumeral

“From Rags to Riches: Mohamed Mansour’s Extraordinary Journey and Business Insights” Mohamed Mansour, the visionary leader behind the $6 billion Mansour family empire, has experienced a life filled with dramatic turns of fortune reminiscent of a Victorian novel. Transitioning from prosperity to destitution and ultimately reclaiming success, Mansour’s resilience and entrepreneurial spirit have shaped his

Just two years after joining chipmaker Advanced Micro Devices in 2012, IBM veteran Lisa Su was tapped to take the top job. It was a big promotion for the then 43-year-old, but also a gamble. At the time, the company was floundering. It had laid off around a quarter of its staff and its share

After the tragic demise of Eastern Europe’s wealthiest man in a helicopter crash, few recognized his wife’s identity. However, nearly three years later, Renata Kellnerova has become synonymous with the family’s conglomerate—a Prague-based entity spanning telecommunications, media, financial services, and e-commerce, employing 61,000 individuals across 25 countries.   In the region, PPF stands out as

The commercial real estate landscape in the United States has been grappling with significant challenges since the onset of the Covid-19 pandemic. New York Community Bancorp and Japan’s Aozora Bank Ltd. have recently emphasized that certain lenders are just beginning to feel the impact of these difficulties. New York Community Bancorp’s decision to cut its