Bernard Arnault lost his spot as the world’s second-richest person as a selloff in luxury stocks pushed his net worth below that of Amazon.com Inc.’s Jeff Bezos. Arnault is founder and chief executive officer of LVMH, the French luxury powerhouse that includes brands such as Louis Vuitton and Moet & Chandon. His wealth has fallen by $6.8...
Category: <span>Wealth</span>
Post
Post
Beyonce’s “Renaissance World Tour” generated over $579 million in revenue
The Renaissance World Tour may have come to an end this past Sunday in Kansas City, but it’s safe to call it a smashing success for Beyoncé. Live Nation has announced that the superstar’s global trek earned more than $579 million worldwide, with 2.7 million fans attending across 56 dates in 39 cities. The tour, produced by...
Post
Amazon founder Jeff Bezos donated $10 Million to Jay-Z’s foundation
It’s great to have friends in high places with big bucks in order the move a social capital and make a difference in other people’s lives. Amazon founder Jeff Bezos and his fiancée Lauren Sanchez contributed a $10 million legacy donation to Jay-Z’s San Carter Foundation. Bezos was not alone to wash the foundation with...
Post
![Report: Angolan billionaire Isabel dos Santos is being sued for unpaid loans [around $400 million]](https://techdailypost.co.za/wp-content/uploads/2020/11/Screen-Shot-2020-11-10-at-06.36.09-360x360.png "Report: Angolan billionaire Isabel dos Santos is being sued for unpaid loans [around $400 million]")
Report: Angolan billionaire Isabel dos Santos is being sued for unpaid loans [around $400 million]
Talk radio 702 Bongani Bingwa interviews Africa Report correspondent, Crystal Orderson (skip to 2:38). Africa’s first female billionaire and daughter of former Angolan president, Isabel dos Santos, has found herself in the hot seat…once again. According to a ruling by London’s High Court, dos Santos can be personally added to a $400 million lawsuit. This...
Post
President Barack Obama’s docu-series ‘Working: What We Do All Day’ currently streaming on Netflix
Former US President Barack Obama is not the type of guy who sits at home doing nothing, he gets his hands dirty by doing different projects to uplift and inspire ordinary people, to take action and better their lives. Netflix recently released four part docu-series hosted and narrated by former POTUS, “explores the ways in...
Post
Report: CEO continues getting fat salaries despite economic recession worldwide
Economists are fretting about a recession. Media stocks are in the toilet. Layoffs are being enacted monthly as a spirit of cut, cut, cut grips Hollywood and Silicon Valley. Oh, and screenwriters are on strike, while directors and actors are threatening to join them when their contracts expire next month. But for the media moguls...
Post
Humility is key for my players to reach success says Coach Pep Guardiola
Pep Guardiola says the humility of his players makes reaching the Champions League final a fitting reward. City will face Inter Milan in the final on 10 June, but before that will look to secure the Premier League title against Chelsea on Sunday and then focus on the FA Cup final against Manchester United. “I...
Post
Amazon founder and chairman Jeff Bezos to give most of his R2 trillion cash to less fortunate
Jeff Bezos, the founder of Amazon.com Inc. and the fourth-richest person in the world, said he plans to give away the bulk of his fortune, which stands at $124 billion (R2 trillion) according to Bloomberg calculations, during his lifetime. In an interview with CNN, Bezos said he would devote the bulk of his wealth to fighting...
Post
Wealth: Here’s how former Retail executive Whitey Basson Crushed his peers – Report
New analysis by Daily Investor revealed that former Shoprite CEO Whitey Basson created a 2,450% return in shareholder value during his fifteen-year tenure. For this analysis, Daily Investor looked at the shareholder returns – share price growth and dividends – under prominent retail CEOs over the last twenty years. The start date for the analysis...
Post
![[Book Review] How Naspers Boss Koos Bekker made his Billions – Report](https://techdailypost.co.za/wp-content/uploads/2022/08/Naspers-Boss-Koos-Bekker-min-360x273.png "[Book Review] How Naspers Boss Koos Bekker made his Billions – Report")
[Book Review] How Naspers Boss Koos Bekker made his Billions – Report
Billionaire businessman, founder and chairperson of Naspers Koos Bekker is one of those successful individuals this country [South Africa] has produced and celebrated. He also co-founded M-Net/MultiChoice and was a founding director of telecommunications company MTN. Recently, Talk Radio 702 host Bruce Whitfield spoke with financial journalist T.J. Strydom about his book “Koos Bekker’s Billions”. ...