Weapons company founded by 21-year-old MIT dropout lands a U.S. Army contract

Recommendable! I bet he will be invited to the White House very soon! 😊

Youtube’s Biggest Star Mr Beast Values Company at $5 Billion with Palki Sharma

Recommendable! I don't remember ever to know of Mr. Beast before even though I watch YouTube videos daily.

How Tajín's Founder Turned His Mexican Seasoning Into A $1.5 Billion Spice Giant

Recommendable!

This Mexican American Billionaire Turned Daily Border Crossings Into A Fortune

Recommendable!

China’s Economy: Why Xi Jinping Needs Jack Ma Back with Palki Sharma

Very recommendable! Good news! Several Chinese rich business men have disappeared in China.

Who Murdered Ukraine’s First and influential Oligarch and his wife in 1996 and Why - His Son Speaks Out

He was assassinated while Boris Yeltsin was the President of Russia! Putin the Terrible back then was professionally active in Saint Petersburg after his KGB career.

The article remains vague on the individuals involved and the background of the assassination!

"On Nov. 3, 1996, Yevhen Shcherban, a Ukrainian lawmaker, one of the leaders of the newly formed Liberal Party, a top businessman, one of the wealthiest individuals in the country, and a prominent figure among the “Donetsk elite,” was assassinated at Donetsk Airport along with his wife Nadiya. ...

The man who dreamed of attracting investment and creating a thriving national business environment was killed by hitmen from Moscow. However, the investigation ended once the killers were identified, but various individuals were later implicated. ...

We spoke with Yevhen Shcherban [junior], the son of the slain entrepreneur, who has been conducting his investigation into his father's murder for over 10 years. ..."

Who Murdered Ukraine’s First Oligarch and Why - His Son Speaks Out "Yevhen Shcherban’s son discusses new details of his father’s murder, the world view of Ukraine’s foremost entrepreneur at the time, Russia’s role, and why his assassination was a game changer"

Indian billionaire Gautam Adani: Kenya Cancels Airport, Power Deals After US Indictment with Palki Sharma

What a fast and deep fall from grace for this business man! What was he thinking!

"The allegations include $250 million in bribes to Indian officials to secure solar energy contracts for Adani Green Energy." That is a huge amount of bribe money! Was it worse it?

The Adnani group lost $34 billion just today!

Georgia Governor Brian Kemp orders flags to be flown at half-staff in memory of Home Depot co-founder Bernie Marcus

Good news! The chief business of the American people is business!

"Georgia GOP Gov. Brian Kemp on Wednesday ordered flags at the state Capitol and Fulton County to be flown at half-staff on Thursday in memory of Home Depot co-founder Bernie Marcus, who died on Monday night. ..."

Kemp orders flags to be flown at half-staff in memory of Home Depot co-founder Bernie Marcus | Just The News

Xi Jinping's War on Billionaires: Corruption or Purge of Critics? with Palki Sharma

Very concerning!

The Money and Drugs That Tie Elon Musk to Some Tesla Directors

It is difficult for some rich individuals to stay out of the news! The board room as an opium den?

"Many board members at Elon Musk's companies have deep personal and financial ties to the billionaire entrepreneur, and have profited enormously from the relationship. The connections are an extreme blurring of friendship and fortune and raise questions among some shareholders about the independence of the board members charged with overseeing the chief executive."

The Money and Drugs That Tie Elon Musk to Some Tesla Directors - WSJ Board members have reaped hundreds of millions from stock awards and separate investments, even as some have done drugs with Musk; former Tesla director Larry Ellison offered him a chance to dry out

Inside Elon Musk’s Fascination With ‘X’

I will call Twitter going forward TwitterX (still shorter than 150 character)! 😊

Alibaba Founder Jack Ma’s Visit to Pakistan Sparks a Buzz with Palki Sharma

The recent four mystery short trips of Jack Ma!

Another Russian Oligarch Is Very Unhappy With Results of Putin’s ‘Special Operation’

One can only hope that e.g. more and more business leaders in Russia become fed up with Putin the Terrible's war of aggression against the Ukraine!

Will the Russian people finally oust the last and megalomaniac czar!

"A renowned Russian businessman and entertainer has published an extraordinary video, bemoaning that something is going very wrong with Vladimir Putin’s “special operation” in Ukraine.

Speaking on May 6, Andrey Kovalev, co-chairman of the Moscow Council of Entrepreneurs and founder of the All-Russian Movement of Entrepreneurs, lists some of the many military failures suffered by Russia over the last year before complaining about his country’s tanking economy. ..."

Another Russian Oligarch Is Very Unhappy With Results of Putin’s ‘Special Operation’ With a failing economy, Moscow businessmen and other Russian entrepreneurs are apparently beginning to realize that things are not going according to plan.

The women closing the investment gap in Nigeria

Good news! Female entrepreneurs are succeeding!

Why are Indian Startups struggling?

Recommendable! It does not look good! Massive layoffs, sinking stock prices ...

Dietrich Mateschitz: Mit Red Bull und thailändischen Investoren zum reichsten Österreicher geworden

Eindrucksvoll! Mit hoch konzentriertem Kaffeine! Wie gesund ist eigentlich Red Bull? Die drinks sind nach meiner Meinung viel zu teuer!

"Viele Menschen kommen mit Energiegetränken erst auf Touren. Red Bull ist das bekannteste, bekannt gemacht von Dietrich Mateschitz. Damit erwirtschaftete der reichste Österreicher seinen Wohlstand. Sein Vermögen wurde zuletzt vom Wirtschaftsmagazin Forbes auf rund 25 Milliarden Euro geschätzt, womit er in der Riege der hundert Betuchtesten der Welt eine Rolle spielte. ..."

Nachruf auf Red-Bull-Gründer Dietrich Mateschitz Zusammen mit einer Familie aus Thailand gründete Dietrich Mateschitz mit Red Bull die wertvollste Softdrink-Marke Europas und machte aus ihr ein Imperium. Von seinem Privatleben drang wenig an die Öffentlichkeit.

David Gottesman, scion of Jewish philanthropic dynasty and Warren Buffett partner, dies at 96

What is in a name? His last name translates into man of god! The man behind Warren Buffet.

"... After a stint in the U.S. Army at the end of World War II, Gottesman, who was known as Sandy, went to college and then Harvard Business School before heading to Wall Street. There, he got connected with Warren Buffet, then an up-and-coming investor, and the two struck up a fast friendship.

Gottesman was an early investor in Berkshire Hathaway, the company that for a time made Buffett the richest man in the world. ...

Gottesman sat on Berkshire Hathaway’s board, but his relationship with Buffett was far from transactional. “Absent Sandy doing anything financially for me, we would have been the best of friends,” Buffett told The New York Times for an obituary.

Gottesman opted to remain largely out of the limelight. ..."

David Gottesman, scion of Jewish philanthropic dynasty and Warren Buffett partner, dies at 96 - Jewish Telegraphic Agency

Startups in Pakistan: The ecosystem (finally) takes off

India's rival is emerging. Pakistan has been discovered.

"[Pakistan] has ... the fifth largest population in the world, approaching 230 million. And that population is both overwhelmingly young, with a median age of 22, and bi-lingual, with the fourth largest number of English speakers in the world. Add to that one of the fastest-growing middle classes, more than 100 million mobile broadband subscribers, and hundreds of thousands of tech professionals, and you have all the makings of a fertile market for new enterprises and digital services.
Yet until recently, venture or growth funding in Pakistan was barely a trickle compared to similar countries in the Middle East/North Africa region or in other parts of Asia. In the last couple of years, however, global VCs and other foreign investors have begun making significant bets on local start-ups as many regulatory and cultural barriers have started to soften. ..."

Startups in Pakistan: The ecosystem (finally) takes off | McKinsey With a massive young, English-speaking population and a fast-growing, tech-savvy middle class, Pakistan has many ingredients for a thriving start-up ecosystem. So why is it only now starting to live up to its entrepreneurial potential, and where is it headed?

Israeli gas & oil exploration company in advanced talks for Morocco energy exploration licenses

Good news! Bravo to this mover and shaker CEO! Blessed are the peacemakers! The Abraham Accords keep on giving!

"... the company has identified Morocco as a country with huge potential both geologically and commercially. He added that Delek Drilling is in talks for licenses in both the Mediterranean and the Atlantic Ocean.

Abu said that as the son of Moroccan immigrants to Israel he had been very moved to receive a personal letter from Morocco's King Mohamed VI with an invitation to operate in the country. ..."

Delek in advanced talks for Morocco energy exploration licenses - Globes Delek Drilling CEO Yossi Abu said he received a personal letter from Morocco's King Mohamed, with an invitation to operate in the country.

Bloomberg Billionaires Index: Diversity & Inclusion

Two from India, one from China, and one from Mexico among the first 20 billionaires! India tops China! A shift towards Asia!

Bloomberg Billionaires Index