Square and Afterpay have entered into a “Scheme Implementation Deed” under which Square will acquire all of the issued shares in Afterpay. The transaction will be paid entirely in stock and is estimated to have a value of $29 billion. Like many other buy-now-pay-later companies, Afterpay has thrived during the pandemic as more shoppers have […]
On 29 July, after a bumpy few months and a fair share of troubled headlines, Robinhood founders Vlad Tenev, 34 and Baiju Bhatt, 36 each sold around $50 million worth of stock. The mobile-friendly discount brokerage, which pioneered commission-free stock trades, generated a profit of just under $2 billion in its public market debut. Following […]
“Sometimes You’ll Have to ‘Zig’ When the Blueprint Says ‘Zag.’” In his autobiography, Michael Bloomberg, No. 9 on the Forbes list of the richest people in the world with assets of $55 billion, details the earliest days of his company. One of his key insights is that rigid planning can do more harm than good: […]
Following the much-touted IPO of dating app Bumble, its CEO and co-founder Whitney Wolfe Herd ended the day as a billionaire with a net worth of $1.5 billion.
Despite tepid trading last week, the world’s richest made collective gains of over $61 billion, and the ranks of the 10 wealthiest humans have shifted.
Though every business leader is currently under great pressure, these seven CEOs have distinguished themselves – some by displaying great leadership, and others by continuing to create value during the COVID-19 crisis.
With Forbes announcing Kylie Jenner as the world's youngest self-made billionaire, it seems like the world has become obsessed with young and super-successful ultra-wealthy business people.
Over the past few months, the definition of self-made has been fairly misconstrued by the general populous, on the back of notable media, celebrity and financial claims; perhaps the most prominent of these being Forbes’ listing of Kylie Jenner as America’s youngest self-made billionaire. Though not the only criteria for said listing, the term ‘self-made’ […]
By Louisa Rochford In 2017, a new billionaire was reported every 2 days and the total number of billionaires in the world rose to 2,754. 67% of that figure are self-made, including none other than Jeff Bezos, who has amassed a staggering $150 billion net worth—hardly something to underestimate. He has become a global […]
Astonishing new data has revealed that the five wealthiest entrepreneurs in the world have a whopping combined net worth of more than £319 billion. From Amazon founder, Jeff Bezos, to Facebook creator, Mark Zuckerberg - the world’s five foremost self-made business owners earn well into the billion dollar bracket. Despite many businesses and thought leaders […]
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