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1 week ago |
forbes.com | Naazneen Karmali
Forbes Asia June 2025 coverForbes AsiaOften a key ingredient of a successful enterprise is having a founder or CEO with an infectious can-do spirit. Who sees any setback not as the end of the road but as an opportunity to forge a new path. Examples of such indefatigable, innovative individuals abound in these pages.
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1 week ago |
forbes.com.au | Billy Bambrough |Shivaune Field |Matt Craig |Naazneen Karmali
Now, as the Covid-era meme stock craze turns to bitcoin, Tesla billionaire Elon Musk has restarted his campaign against out-of-control U.S. government spending, backing a warning that bitcoin could "take over" from the U.S. dollar as the world's reserve currency.
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1 week ago |
forbes.com.au | Shivaune Field |Matt Craig |Naazneen Karmali |Jemima McEvoy
Australia's richest collectively own 3.3 per cent more wealth than last year, with 22 per cent of it projected to be transferred to beneficiaries in five years, according to Capgemini's annual report. High net worth individuals (HNWI) in Australia are worth more than ever, according to Capgemini research, overseeing a pool of more than AUD$1.6 trillion in assets.
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1 week ago |
forbes.es | Naazneen Karmali
Preparándose para el impacto de los aranceles de EE. UU., su principal mercado de exportación, Japón redujo su estimación de crecimiento económico para este año del 1,1 % al 0,5 %. El índice de referencia Nikkei 225 bajó casi un 2 % desde la última vez que se midieron las fortunas, pero la fortaleza del yen contribuyó a aumentar la riqueza colectiva de los más ricos en un 14 %, hasta los 228 000 millones de dólares.
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1 week ago |
forbesmiddleeast.com | Naazneen Karmali
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1 week ago |
forbes.com.au | Naazneen Karmali |Jemima McEvoy |Sara Dorn
Bracing for the impact of tariffs from the U.S., its biggest export market, Japan cut its economic growth estimate for this year to 0.5% from 1.1%. The benchmark Nikkei 225 index was off nearly 2% since we last measured fortunes, but a stronger yen helped to boost collective wealth of the richest by 14% to $228 billion. This story is part of Forbes' coverage of Japan's Richest 2025.
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1 week ago |
forbes.com | Naazneen Karmali
No. 1 Tadashi Yanai. Toru Hanai/BloombergThis story is part of Forbes’ coverage of Japan’s Richest 2025. See the full list here. Bracing for the impact of tariffs from the U.S., its biggest export market, Japan cut its economic growth estimate for this year to 0.5% from 1.1%. The benchmark Nikkei 225 index was off nearly 2% since we last measured fortunes, but a stronger yen helped to boost collective wealth of the richest by 14% to $228 billion.
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1 month ago |
forbes.com | Naazneen Karmali |Jessica Tan |Ariel Shapiro |Grace Chung
Goh Cheng Liang gets the bulk of his wealth from a majority stake in Japan's Nippon Paint Holdings, the world's fourth-largest paint manufacturer by revenue. Goh started making paints in a small factory in Singapore before he went on to partner with Nippon Paint in 1962. In 2021, his son, Hup Jin, who chairs Nippon Paint, completed a $12 billion stock and cash deal that gave him a majority stake in Nippon. The company celebrated its 140th anniversary in 2021.
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1 month ago |
forbes.com | Naazneen Karmali
Since the Covid-19 pandemic shut down our lives five years ago, no singular event has reverberated so swiftly around the world as U.S. President Donald Trump’s move to make good on one of his big campaign promises. While the global panic attack abated after Trump paused most tariffs for three months—apart from retaining a baseline 10% tax, bar China, where he ratcheted up levies—the world trade order is heading for a major reset. How should businesses navigate the turbulence?
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2 months ago |
forbes.com.au | Mark Whittaker |Naazneen Karmali
This story was featured in Issue 16 of Forbes Australia. Tap here to secure your copy. Sometimes it’s hard for Shelley Sullivan to look women in the eye and tell them they can do what she’s done. Her mind goes back to those months flying the world, pregnant way beyond the usually allowable limits, ringing the hospital to make sure it had an ADSL internet connection because she had to sign off on something for David Jones before the birth.