The world’s top ten wealthiest people in 2024, according to this year’s Forbes ranking, have experienced significant growth in their respective net worths, driven by rising stock prices or strategic investments. This article presents an overview of how these individuals and their businesses have fared recently.
In 1997, four researchers left Roche to found Actelion, a Swiss multinational pharmaceutical and biotech company Johnson & Johnson acquired for US $30 billion in 2017. Cardiologist Jean-Paul Clozel assumed the role of founding CEO, but the research brains behind the operation were those of his wife Martine Clozel. Today she is known as one of the most successful female business founders in Switzerland.
In recent years, very few global figures have attracted as much attention as Mohammed bin Salman Al Saud. As the de facto ruler of Saudi Arabia, he has become a dominant force in shaping the country's foreign policy, implementing ambitious economic reforms, and challenging social norms. In this article, we focus on the life and political career of Mohammed bin Salman, exploring his rise to power, key policy decisions, and the lasting impact he has had on the kingdom.
“Live within your income and save so that you can invest. Learn what you need to learn.” This advice is likely Charlie Munger’s most famous, but it is only one example of his wisdom. Working in partnership with Warren Buffett to transform Berkshire Hathaway Inc. into a world-renowned conglomerate holding company, Munger frequently shared rich insights around his principles for making winning investments and leading a meaningful life.
With a net worth of $2.7 billion, Bom Kim has become a prominent figure in South Korea's business landscape. His journey from scrappy entrepreneur to head of a multi-billion dollar company is not only inspiring but also representative of a new wave of self-made wealth in the country. In this article, we profile the accomplishments and leadership of Coupang's visionary CEO.
When it comes to the world of finance, few names carry as much weight as Ken Griffin. As the founder and CEO of Citadel LLC, a renowned hedge fund firm, Griffin has made a name for himself as a financial genius and prominent philanthropist. With a net worth that consistently ranks him among the world's wealthiest individuals, Griffin's success story is one that inspires and captivates.
How are political decisions made, and what decision-making calculations need to be taken into account? To what extent do the institutional framework conditions influence the political process? Charles Beat Blankart asked and answered these questions. The founder of public choice theory died at the end of 2023.
Primus inter pares, i.e., “the first among equals,” is the naming of the President of the Swiss Confederation. The Swiss government consists of the seven members of the Federal Council. Basel social democrat Beat Jans has recently been elected its president as Alain Berset's successor. He received 134 votes out of 245 valid ballots.
Henry Kissinger, a name synonymous with diplomacy and global strategy, extends far beyond political corridors. In this profile, we delve into the life and impact of the man who navigated the complexities of international relations and left an indelible mark on the world stage.
He was not a good pupil; rather, he was restless and hyperactive. As a child, Sergio Ermotti dreamed of a career in football and often stood behind the FC Lugano goal as a ball boy. But things have changed significantly: the 63-year-old manager is now one of Europe's longest-serving bank CEOs. After working as chief executive of Swiss banking giant UBS from 2011 to 2020, he regained this position in the spring of 2023.
With almost everything she does, she's been successful so far. Born in Nürnberg, Germany, Dagmar Wöhrl participated in numerous beauty competitions in her youth and became Miss Germany in 1977.
Joseph Safra, a prominent figure in the Brazilian banking industry, has been recognised as one of Brazil's accomplished bankers of his time. With the inclusion of iconic buildings such as The Gherkin in London and New York, his fortune was estimated to have reached USD 23 billion at the time of his passing. The Basel-based J. Safra Sarasin Bank has made significant strides in becoming one of the most accomplished private banks in Switzerland.
Harry Winston, the renowned American jeweler, is widely recognized as the "King of Diamonds" for its exceptional craftsmanship and unparalleled collection of exquisite jewelry. Founded in 1932 in New York City, Harry Winston Inc. quickly rose to prominence, becoming the preferred destination for royalty, Hollywood stars, and business tycoons. With a passion for excellence and an unwavering commitment to quality, Harry Winston created a glittering legacy that continues to captivate jewelry enthusiasts around the world.
Charlie Munger, best known as Warren Buffet's right-hand man, passed away on November 28, 2023, at the age of 99. Buffet's fame as the world's foremost "buy and hold forever" investor is due in significant part to Munger's influence. This article outlines Munger's life, contributions to the investing world, and how he will be remembered.
Elliott Erwitt, a legendary photographer known for his unique black-and-white images, left an indelible mark on the world of photography. With a career spanning over 70 years, Erwitt captured a diverse range of subjects, from political figures to Hollywood starlets, from everyday life to the absurd. His photographs reflect a keen eye for detail, a sharp wit, and a deep understanding of human nature.
A charismatic and tenacious businesswoman, Gina Rinehart is a prominent figure in the Australian mining industry. As Executive Chairman of Hancock Prospecting, she has cemented her position as one of the country's most influential business leaders. Rinehart's path to success is a testament to her unwavering determination and ability to navigate the complexities of the mining world.
For centuries, the family dynasties have determined the economic, political, and social life of Hamburg. Their names are on the Hansestadt buildings, street signs, and foundation posters. Family activities and business have brought the city and themselves great prestige and immense prosperity. Some of them are mentioned in the following text.
