Forbes’ definitive ranking of the nation’s 50 wealthiest clans includes the heirs to some of the country’s best known brands: Campbell’s Soup, Jack Daniel’s, Walmart and Chick-fil-A
Alibaba Group was hit with the highest-ever antitrust fine imposed in China when the country’s regulator announced on Saturday that it had slapped a fine of 18.2 billion yuan ($2.8 billion) on the Hangzhou-based tech giant. The penalty is equivalent to about 4% of Alibaba’s domestic revenue in 2019
Bernard Arnault remains Europe’s richest person. Germany leads Europe once again with the largest number of billionaires on Forbes’ 2021 list of the world’s richest
David Vélez set out to kill off the fat fees and lousy service of Brazil’s big banks. The operation succeeded beyond his wildest dreams: Today, his no-fee Nubank is the most valuable digital bank in the world, with 35 million customers—and he’s gunning for more
Despite the pandemic, it was a record-setting year for the world’s wealthiest—with a $5 trillion surge in wealth and an unprecedented number of new billionaires
PricewaterhouseCoopers (PwC) CEO Survey 2021 has named Mikhail Lomtadze, co-founder and CEO of Kaspi.kz, Kazakhstan’s best CEO. This is the third successor year PwC’s survey has recognized Mikhail as the country’s best CEO
The growing storm across Europe over the rights of gig economy workers comes amid a torrent of venture capital flowing to startups promising super-fast grocery and shopping delivery
Wall Street has seen a crazy first quarter fueled by stimulus checks, meme stocks, leverage blowout, SPAC frenzy, and Bitcoin. Traders need to brace themselves for another equally irrational quarter, at the least