Amancio Ortega is set to receive €3.1 billion ($3.4 billion) in dividends this year from Inditex SA, the retail giant he founded more than six …
Tag
Showing: 1 - 20 of 22 RESULTS
Billionaire
Horst Paulmann, Billionaire Who Built Retail Empire, Dies at 89
Horst Paulmann, the German-born billionaire who founded South America’s largest retailer by sales, Chile’s Cencosud SA, has died. He was 89. He died peacefully in …
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board
Francoise Bettencourt Meyers, heir to the L’Oréal SA fortune and Europe’s richest woman, will retire from the company’s board later this year in an unexpected …
Worldview: Russian Billionaire Founders Feud Over E-Commerce Giant Wildberries
🇷🇺 Russian billionaire founders feud over e-commerce giant Wildberries. Tatyana Kim, formerly known as Tatyana Bakalchuk before her divorce from Vladislav Bakalchuk, looks to have …
Billionaire Frank McCourt’s Project Liberty Proposes Bid for Tiktok’s US Assets
Entrepreneur and former Los Angeles Dodgers owner Frank McCourt’s Project Liberty and its consortium of partners in The People’s Bid said on Thursday they proposed …
Peloton Founder Hits Billionaire Status on Home-Workout Boom
NEW YORK, United States — Peloton Interactive Inc. founder John Foley is now a billionaire, thanks to a stunning rally in his home-fitness company’s shares …
Selena Gomez Is a Billionaire Thanks to Her Brand Rare Beauty
In the new season of “Only Murders in the Building,” the main characters’ hit podcast is being turned into a movie. In real life, lead …
L’Occitane’s Billionaire Owner Close to Possible $7 Billion Buyout Bid
The billionaire owner of L’Occitane International is close to making a proposal to take the French skincare firm private as early as Monday in a …
Billionaire Geiger Shakes Up L’Occitane as Blackstone Eyes Firm
Billionaire Reinold Geiger is making a renewed push to take global cosmetics firm L’Occitane International SA private, the strongest indication yet that a succession plan …
Billionaire Cheng Family Seeks to Oust Giordano CEO After Failed Buyout
The family of Hong Kong’s third-richest person is seeking to remove Peter Lau from his role as chief executive officer of Giordano International Ltd. following …
Billionaire Separation Erases $180 Million at India Fabric Maker
Raymond Ltd., one of the world’s biggest producers of suit fabric, fell for the seventh day in Mumbai as the acrimonious separation between its billionaire …
Worldview: Australian Heritage Brand Akubra Acquired by Billionaire Investor
🇦🇺 Billionaire mining magnate acquires Australian hatmaker Akubra. Tattarang, the Perth-based investment company owned by Andrew Forrest, the Australian founder of Fortescue Metals Group, and …
Billionaire Claure Expands Shein’s Fast-Fashion Empire in Brazil
Fast-fashion giant Shein is rapidly ramping up manufacturing in Brazil, with 100 factories already producing for the online retailer since it announced plans to invest …
LVMH Billionaire Bernard Arnault Says He’s Confident About US Economy, At Star-Studded Tiffany Event
French billionaire Bernard Arnault said he’s upbeat about the outlook for the US economy, even as economists debate the likelihood of a recession. Asked on …
Announcing Billionaire Boys Club EU and Turnbull & Asser
This week, we are pleased to introduce two new partners on BoF Careers. Billionaire Boys Club EU is an American streetwear brand co-founded by Grammy …
Billionaire Cohen Builds Stake in Nordstrom, Urges Board Shakeup
Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to push the upscale retailer to shake up its board as …
Patagonia’s billionaire owner gives away company to fight climate crisis | US news
Setting a new example in environmental corporate leadership, the billionaire owner of Patagonia is giving the entire company away to fight the Earth’s climate devastation, …
Zara Billionaire Bets $700 Million in Move Into Us Logistics
Zara founder Amancio Ortega has spent over $700 million in recent weeks on a series of logistics acquisitions, in what’s shaping up to be one …
Billionaire Boys Club and the New York Yankees Team for New Special Edition Collection
The Pharrell Williams-founded luxury streetwear company Billionaire Boys Club today revealed its partnership with the New York Yankees. In accordance with their collaboration, Legends Hospitality …
Why Billionaire Industrialists Are Snapping Up India’s Fashion Brands
The dealings of Asia’s second-richest man demonstrate how investors’ motivations can be far more complex and multi-faceted than they seem. Reliance Industries Limited chairman Mukesh …