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Share to Twitter Share to Linkedin Jeff Bezos has yet again clinched the title of world’s richest person from Elon Musk, after shares of Amazon AMZN jumped on Wednesday. Amazon’s stock rose by nearly 1.5% on Wednesday, pushing Bezos’ net worth up by $2.4 billion, to $184.9 billion. That makes him the richest person in the world once again, according to Forbes ’ estimates. Bezos is just $200 million richer than number two richest Musk, who is worth $184.7 billion. The Tesla TSLA chief briefly took the number one spot from Bezos last Friday and again on Tuesday , Forbes calculates. Shares of Musk’s electric-vehicle maker, Tesla, rose by 0.6% on Wednesday, slightly increasing the fortune of its billionaire cofounder by nearly $1 billion. While Musk and Bezos compete for top spot, they are both more than $30 billion richer than the world’s third-wealthiest person, French luxury tycoon Bernard Arnault. He is now worth $150.5 billion, Forbes …

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Share to Twitter Share to Linkedin You may have a long-term goal like writing a book, becoming a highly sought after (and highly paid) speaker, starting a successful company, or perhaps a more personal goal, like buying and apartment in Paris or retiring early. Anyone who has done any of these things will tell you that they do not happen overnight — achieving these goals, and other significant personal or professional objectives, requires playing the long game. I recently had a chance to speak with Dorie Clark, whose latest book, The Long Game: How to Be a Long-Term Thinker in a Short-Term World outlines what is required to keep our focus on these long-term goals when everyone around us is thinking in terms of weeks or months, not years or even decades. She said, “There is a reason that most people are not playing the long game. That reason is that you often look like an idiot for long periods of time because it's not paying off. And also it's often not …

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Roger Hunt, a striker in the only England team to win the World Cup and Liverpool’s all-time record league scorer, has died. He was 83. Liverpool, where Hunt spent most of his playing career, said he died on Monday after a long illness. Hunt’s three goals at the 1966 World Cup helped England to advance from the group stage. He went on to feature in all six games at the tournament, culminating in the 4-2 victory over West Germany in the final at Wembley Stadium when he partnered hat-trick scorer Geoff Hurst up front. It remains England’s only major football title. “I never had any guarantees that I’d get in the squad,” Hunt recalled last year in an interview with the Liverpool Echo newspaper. “There was such a bulk of forwards that I had to be at the top of (my) game to get in at that time. There was always Jimmy (Greaves who died this month). He was the best player at the time. He was so established while I was in and out of the England team.” By that time Hunt had already …

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Source: AFP Beijing is prodding government-owned firms and state-backed property developers such as China Vanke Co Ltd to purchase some of embattled China Evergrande Group's assets, people with knowledge of the matter said. Evergrande, saddled with $305 billion in liabilities, is teetering on the brink of collapse. But the central government is unlikely to intervene directly to resolve Evergrande's crisis in the form of a bailout, according to six people, including four in government and regulatory bodies. Authorities are hoping, however, that asset purchases will ward off or at least mitigate any social unrest that could occur if Evergrande were to suffer a messy collapse, they said, declining to be identified due to the sensitivity of the matter. Close A handful of government-owned enterprises have already done due diligence on assets in the southern Chinese city Guangzhou, said one person. In one emblematic example, Guangzhou City Construction …

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Share to Twitter Share to Linkedin Elon Musk became the third person to ever be worth $200 billion on Monday, riding a surging Tesla stock that in turn made him the richest person in the world. His milestone feat follows Amazon founder and space rival Jeff Bezos, who first reached the $200 billion mark in August 2020, and luxury magnate Bernard Arnault, who did so for a short time last month. Shares of Musk’s electric vehicle company Tesla continued a four-month rally, closing up 2.2% at $791.36, the highest they’ve been since February this year. Musk became $3.8 billion richer on Monday and was worth $203.4 billion at the close of markets. He surpasses Bezos, whose fortune fell by $1 billion Monday to $197.7 billion due to a 0.6%  decline in Amazon stock. Musk is even richer now than he was at Tesla’s peak in January—when he briefly became the world’s richest tycoon for the first time —because he’s received additional stock option grants that have …

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THE CHANGING FORTUNES OF THE WORLD’S RICHEST A mazon chief Jeff Bezos ended a bumper car week against Tesla founder Elon Musk by once again becoming the world’s richest person, with an estimated net worth of $181.5 billion (despite his fortune falling $1.4 billion on Friday). The two men traded places nearly every day this past week for the top spot on our Real-Time Billionaires list. Markets opened lower Friday after President-elect Joe Biden released the details of his proposed $1.9 trillion coronavirus relief package in a speech the previous night, with investors likely reacting to the potential of a second Senate impeachment trial of President Trump in delaying passage of the legislation for weeks, along with the possibility of higher taxes in the incoming Democratic administration. Amazon’s stock fell by just under 1% by Friday’s closing bell, while Tesla’s dropped by over 2%, enough to put Bezos back ahead of Musk. More broadly, tech stocks are down , …

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(The Jakarta Post) PREMIUM Jakarta   ● Wed, September 29 2021 The Indonesian Islamic International University (UIII) began its first academic year early last week, three years after President Joko "Jokowi" Widodo inaugurated the construction of its sprawling campus in Depok, West Java, in 2018. Part of President Jokowi ’ s administration’s national strategic projects, the university is aimed at promoting Indonesia's version of Islam. For the first year , the university took in 98 students from 59 countries, who are all on scholarships. UIII has also enlisted top Muslim scholars in a series of lectures, who are expected to bring the latest debates about Islam and global politics to Indonesia’s academic scene, including... to Read Full Story SUBSCRIBE NOW Starting from IDR 55,000/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs …

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Share to Twitter Share to Linkedin This column is the fifth in a five-part series on creating purposeful lives using the same business principles that guide decisions in corporate boardrooms. The target audience is you, the CEO of My Enterprise (ME) Inc. Veterinarian Mark Olcott was devastated when a simple surgical procedure on a dog resulted in its loss of life. Operating in an emergency clinic over a weekend, he did not have access to the medical files that would have alerted him to the animal’s anesthesia allergy. This led him to ask what if? What if there had been a simple technology platform that would enable record sharing among veterinarians, emergency clinics and families with pets? Mark decided to pursue a solution as his dream venture. The problem was that he had skills in animal medicine, not computer science. To turn his vision into reality, he needed help. People who take charge of their lives as CEO of ME Inc. start by looking inward …

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Share to Twitter Share to Linkedin This column is the first in a five-part series on creating purposeful lives, using the same business principles that guide decisions in corporate boardrooms. The target audience is you, the CEO of My Enterprise (ME) Inc. Great leaders ask great questions. Before they set strategy and chart a path forward, they tackle the most basic question of all: What’s my purpose? Top vote-getters on the most influential CEOs list at Ranker.com all knew the answers for their organizations. But few individuals have similar statements ready for themselves. Even executive MBA students with years of corporate experience hesitate when I introduce the concept in the classroom. To help create a personal purpose statement, we focus on framework, fallacies and formulation. Framework Many high performers feel their way through life instinctively. They have priorities, passions and philosophies that point them in a general direction. …

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Share to Twitter Share to Linkedin “I'm not a traditional academic, so I'm blissfully immune to the institutionalized thinking.” That’s a quote from Wendy York, dean of the Wilbur O. and Ann Powers College of Business at Clemson University. She was heavily recruited to this position of academic dean, even though she doesn’t have a Ph.D.—which is typically required of a dean. She served as an associate dean in Stanford’s Graduate School of Business, and then in July 2018, became dean and first female to lead business education at Clemson University. Business is actually her background: she held executive-level positions in small and large non-profit and for-profit organizations, including employment with Bechtel Power Corporation and Bank of America. She’s started and/or ran four early-stage technology and internet companies and also co-managed a venture capital fund for more than five years. Hiring someone who doesn’t have the traditional credentials for the …

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