Inherited wealth dominates self-made fortunes for billionaires, as revealed in a UBS report. Over the past year, 53 heirs inherited $150.8 billion, surpassing the $140.7 billion earned by 84 self-made billionaires. The report highlights the need for younger generations to be involved in succession planning, and a shift towards philanthropy and sustainability among billionaire heirs. Middle East wealth saw a notable increase, while wealth in India and China experienced setbacks. The consumer and retail sectors contributed the most to global billionaire wealth growth.
U.S. Representative Kay Granger announces retirement after 24 years in Congress, paving the way for new leadership in Texas. #Retirement #TexasPolitics
Female CEOs in retail losing ground as only 12 out of 39 recent replacements are women. Analysis uncovers challenges faced by female leaders in the industry and highlights need for gender equality in leadership roles.
Ryan Heyer to succeed his father as president of Heyer Engineering. Seamless transition after Jim's successful career. Bright future under Ryan's leadership.
Female CEOs in retail losing ground as only 12 out of 39 recent replacements are women. Analysis uncovers challenges faced by female leaders in the industry and highlights need for gender equality in leadership roles.