Tag: investing

A Billion-Dollar Accomplishment: Jeff Bezos Is Officially The Richest Person Of Our Time

portrait of jeff bezos, amazon founder

According to the Forbes 2017 list of the top 20 billionaires in the world, if you acquired $100 billion today, you would still not be listed as the wealthiest person on earth. With the success of the 2017 retail shopping sales along with a stock price increase of 2.5 percent, e-commerce juggernaut Amazon founder and CEO,… Read More

Twitter CEO Jack Dorsey boosts employee morale after big layoffs

Twitter's Twitter page

Twitter CEO, Jack Dorsey, announced that he will be giving a third of his company stock to the employee equity pool. The shares are valued at around $200 million and make up about 1 percent of the company.   Dorsey tweeted that he made this decision because he wants to “reinvest directly in our people.”… Read More

How one family lost $11 billion in a single day

Wal-Mart store

The Waltons, America’s richest family whose combined wealth is approximately $149 billion, saw their personal fortune decline by approximately $11 billion as Wal-Mart shares plummeted last week. The Walton family fortune is controlled by founder Sam Walton’s three surviving children and his deceased son’s widow. Together, they own over 50 percent of all outstanding Wal-Mart… Read More

Ferrari plans to go public but refuses to sell out

Ferrari

Luxury automaker Ferrari S.p.A. is expected to have an initial public offering in 2016. Fiat Chrysler Automobiles owns Ferrari and expects to retain approximately 80 percent of the Italian sports car manufacturer. Approximately 10 percent of the remaining stock will go to Piero Ferrari with the remaining 10 percent hitting the market. Ferrari shares will… Read More

Top 5 Investment Destinations South of the Sahara

The phrase “Africa rising” aptly captures the continent’s transformation from war-torn hellscape to bustling hub of opportunity. Opening markets coupled with political reforms, falling levels of violence and increasing foreign direct investment make Sub-Saharan Africa a hot spot for economic potential.   MUI PR Blog ranks the top five investment destinations south of the Sahara.… Read More