Personal finance, banking, markets, crypto and the business of building wealth.
Dangote Cement, listed in Nigeria’s commercial capital Lagos, has a market capitalization of over $12 billion after its shares more than doubled over the past year. Africa’s richest man Aliko Dangote plans a secondary listing of his cement business in London in September, reviving long-standing plans to bring the continent’s largest cement producer to international …
How the British super star built a $1 billion empire, mainly in the U.S., after retiring from soccer. This story was first published on Forbes.com It is 10 A.M. in Chiswick, a pleasant west London suburb, in late April, and Sir David Beckham has already been on set for two hours. This should have been expected: The …
Advice for survivors on everything from state inheritance and estate taxes to inherited IRAs to sorting through a lifetime of possessions and papers. Plus, sparing your own heirs. This article was first published on Forbes.com You expect the death of a spouse, parent or other close relative to be emotionally wrenching. What catches many survivors by …
Confederation of African Football president Dr Patrice Motsepe will not stand for re-election when his current term comes to an end. The South African entrepreneur says he has no interest in a position at FIFA and is backing Gianni Infantino to continue as president of the global body. Motsepe addressed the media on a range …
MTN Group Foundation and the Gates Foundation have launched a $25 million partnership aimed at expanding digital access to maternal health services in Nigeria, seeking to reach 500,000 women, 5,000 frontline health workers and 500 primary healthcare facilities by 2030. The four-year Nigeria Maternal Health Multiplier will combine artificial-intelligence-enabled decision-support tools, affordable smartphones and mobile …
In 1882, John D. Rockefeller, the world’s richest man, created the first full-service single-family office in the U.S. to manage and invest his fortune, said to be $1.4 billion ($31 billion in today’s dollars) at his death in 1937. Fast-forward 142 years, and many members of The Forbes 400 have a family office to help them …
With strategic collaborations, targeted funding, and growing investment in science, Africa holds immense potential in spearheading the future of global healthcare. Among those taking the lead to develop a cure for HIV, through these partnerships, and with millions in investment through the Ragon Institute, is an American billionaire named Phillip ‘Terry’ Ragon, who we get …
A member of America’s richest family ranks among the planet’s ten wealthiest people for the first time in at least three years. March wasn’t the best month to be a billionaire, as both the S&P 500 and Nasdaq sank by nearly 5% amid the Iran war. Nine of the world’s ten richest people enter April …
Amancio Ortega quietly built up the largest real estate fortune on the planet, spanning everything from office towers to wind farms and stretching from California to South Korea. It also comes with significant tax benefits. This story was first published on Forbes.com In November, Spanish clothing billionaire Amancio Ortega paid about $850 million in cash for the historic …
How the British super star built a $1 billion empire, mainly in the U.S., after retiring from soccer. This story was first published on Forbes.com It is 10 A.M. in Chiswick, a pleasant west London suburb, in late April, and Sir David Beckham has already been on set for two hours. This should have been expected: The …
Africa’s richest man, Aliko Dangote has proceeded with the groundbreaking ceremony of the Kenya oil refinery. Dangote Group posted on its WhatsApp channel at 10:07 am WAT on Wednesday: “Join us live from Kenya for the groundbreaking ceremony of the Dangote East Africa Petroleum Refinery and Petrochemicals SEZ”. The group said on Tuesday that a …
This article was first published on Forbes.com Topline Jay-Z, the world’s wealthiest musician, pushed back on arguments that billionaires are inherently bad in a rare interview with GQ on Tuesday, saying it’s “like a cop-out” to link a person’s morality to the amount of money they have. Key Facts Jay-Z, whom Forbes estimates is worth $2.8 billion, told GQ …
