8chan/8kun QResearch Posts (5)
#17961754 at 2022-12-17 18:16:17 (UTC+1)
Q Research General #22016: 1 More Before 17th Edition
These Are The Richest Billionaires In Each Country
The Full List
As it turns out, billionaires are a lot more geographically concentrated than you might think.
In fact, of the 195 officially recognized countries around the world, only 76 are home to billionaires. And even within these countries, there's vast disparities between the quantity of billionaires.
Here's a breakdown of all the countries that have at least one billionaire. For countries with more than one, we've highlighted the billionaire with the highest net worth as of November 28, 2022:
Country/territory Name Net worth ($B) Main source of wealth (sector)
🇩🇿 Algeria Issad Rebrab 5.1 food
🇦🇷 Argentina Marcos Galperin 4.0 e-commerce
🇦🇲 Armenia Ruben Vardanyan 1.3 investment banking
🇦🇺 Australia Gina Rinehart 27.9 mining
🇦🇹 Austria Georg Stumpf 7.9 real estate, construction
🇧🇩 Bangladesh Muhammed Aziz Khan 1.0 power
🇧🇧 Barbados Rihanna 1.4 music, cosmetics
🇧🇪 Belgium Eric Wittouck 9.0 investments
🇧🇿 Belize Kenneth Dart 4.0 investments
🇧🇷 Brazil Jorge Paulo Lemann 15.6 beer
🇧🇬 Bulgaria Georgi & Kiril Domuschiev 1.9 animal health, investments
🇨🇦 Canada David Thomson 53.2 media
🇨🇱 Chile Iris Fontbona 19.6 mining
🇨🇳 China Zhong Shanshan 66.7 beverages, pharmaceuticals
🇨🇴 Colombia Luis Carlos Sarmiento 6.3 banking
🇨🇾 Cyprus John Fredriksen 11.4 shipping
🇨🇿 Czechia Renata Kellnerova 16.0 finance, telecommunications
🇩🇰 Denmark Anders Holch Povlsen 11.9 fashion retail
🇪🇬 Egypt Nassef Sawiris 7.2 construction, investments
🇪🇪 Estonia Kristo Kaarmann 1.4 payments, banking
🇫🇮 Finland Antti Herlin 3.9 elevators, escalators
🇫🇷 France Bernard Arnault 179.5 LVMH
🇬🇪 Georgia Bidzina Ivanishvili 4.8 investments
🇩🇪 Germany Beate Heister & Karl Albrecht Jr. 35.1 supermarkets
🇬🇷 Greece Vicky Safra 7.1 banking
🇬🇬 Guernsey Stephen Lansdown 2.3 financial services
🇭🇰 Hong Kong Li Ka-shing 33.0 diversified
🇭🇺 Hungary Sandor Csanyi 1.1 finance, real estate
🇮🇸 Iceland Thor Bjorgolfsson 2.5 investments
🇮🇳 India Gautam Adani 133.6 infrastructure, commodities
🇮🇩 Indonesia R. Budi Hartono 23.4 banking, tobacco
🇮🇪 Ireland John Collison & Patrick Collison 8,1 payments software
🇮🇱 Israel Eyal Ofer 14.4 real estate, shipping
🇮🇹 Italy Giovanni Ferrero 34.4 Nutella, chocolates
🇯🇵 Japan Tadashi Yanai 29.2 fashion retail
🇰🇿 Kazakhstan Vladimir Kim 5.0 mining
🇱🇧 Lebanon Taha Mikati 2.8 telecom
🇱🇮 Liechtenstein Christoph Zeller 2.2 dental materials
🇲🇴 Macau Hoi Kin Hong 1.2 real estate
🇲🇾 Malaysia Quek Leng Chan 10.2 banking, property
🇲🇽 Mexico Carlos Slim Helu 86.2 telecom
🇲🇨 Monaco Stefano Pessina 9.3 drugstores
🇲🇦 Morocco Aziz Akhannouch 1.8 petroleum
🇳🇵 Nepal Binod Chaudhary 1.5 diversified
🇳🇱 Netherlands Charlene de Carvalho-Heineken 15.0 Heineken
🇳🇿 New Zealand Graeme Hart 10.1 investments
🇳🇬 Nigeria Aliko Dangote 12.9 cement, sugar
🇳🇴 Norway Andreas Halvorsen 6.6 hedge funds
🇴🇲 Oman Suhail Bahwan 2.0 diversified
🇵🇪 Peru Carlos Rodriguez-Pastor 4.3 finance
🇵🇭 Philippines Manuel Villar 7.0 real estate
🇵🇱 Poland Michal Solowow 6.0 investments
🇵🇹 Portugal Maria Fernanda Amorim 4.5 energy, investments
🇶🇦 Qatar Faisal Bin Qassim Al Thani 1.9 hotels
🇷🇴 Romania Ion Stoica & Matei Zaharia 1.6 data analytics
🇷🇺 Russia Andrey Melnichenko 27.0 coal, fertilizers
🇸🇬 Singapore Li Xiting 16.6 medical devices
🇸🇰 Slovakia Ivan Chrenko 1.6 real estate
🇿🇦 South Africa Johann Rupert 9.0 luxury goods
🇰🇷 South Korea Jay Y. Lee 7.9 samsung
🇪🇸 Spain Amancio Ortega 62.5 Zara
🇰🇳 St. Kitts and Nevis Myron Wentz 1.3 health products
🇸🇿 Swaziland (Eswatini) Nathan Kirsh 5.4 retail, real estate
🇸🇪 Sweden Stefan Persson 15.3 H&M
🇨🇭Switzerland Guillaume Pousaz 23.0 fintech
🇹🇼 Taiwan Zhang Congyuan 6.7 shoes
🇹🇿 Tanzania Mohammed Dewji 1.5 diversified
🇹🇭 Thailand Sarath Ratanavadi 12.2 energy
🇹🇷 Turkey Ibrahim Erdemoglu 6.5 carpet
🇺🇦 Ukraine Rinat Akhmetov 4.3 steel, coal
🇦🇪 United Arab Emirates Pavel Durov 15.1 messaging app
🇬🇧 United Kingdom Michael Platt 15.2 hedge funds
🇺🇸 United States Elon Musk 191.2 Tesla, SpaceX
🇻🇪 Venezuela Juan Carlos Escotet 3.2 banking
🇻🇳 Vietnam Pham Nhat Vuong 4.7 diversified
🇿🇼 Zimbabwe Strive Masiyiwa 1.2 telecom
https://www.zerohedge.com/personal-finance/these-are-richest-billionaires-each-country
#15808948 at 2022-03-08 03:10:37 (UTC+1)
Q Research General #19990: Shills Need Backup Edition
8 Mar, 2022 02:43
US-based company says it won't cut all ties with Russia
Procter & Gamble (P&G) says it will still sell health, hygiene, and personal care items to Russians
American consumer goods company Procter & Gamble (P&G) has announced it would reduce the number of products sold in Russia and discontinue all new investments in the country but it would not pull out of the Russian market entirely.
In a letter to employees on Monday, CEO Jon Moeller said P&G would "continue to support" the people of Russia and its employees in the country, but that Russia's conflict with Ukraine - and the subsequent sanctions against Russia from the West - would require the implementation of "important changes immediately and over time."
"We have discontinued all new capital investments in Russia and are suspending all media, advertising, and promotional activity," Moeller revealed, adding that the company would also be "significantly reducing" its Russian product portfolio.
Despite this, Moeller announced that P&G would continue to produce "basic health, hygiene and personal care items needed by the many Russian families who depend on them in their daily lives."
While many Western companies have pulled out of Russia entirely amid Moscow's conflict with Ukraine, several large companies have continued to operate, including Coca-Cola, Pepsi, McDonald's, and Japanese clothing retailer Uniqlo.
Tadashi Yanai, the CEO of Uniqlo parent company Fast Retailing Co., defended his company's decision to continue operation in Russia, arguing that Russians have "the same right to live" as everyone else and that clothing is "a necessity of life."
https://www.rt.com/russia/551451-us-company-wont-cut-russia/
#15804814 at 2022-03-07 16:40:04 (UTC+1)
Q Research General #19985: We Stand At The Ready Edition
7 Mar, 2022 11:16
HomeRussia & FSU
Major clothing brand explains why it's staying in Russia
Companies choosing not to leave the Russian market amid the ongoing offensive in Ukraine are facing backlash
Leading Japanese clothing brand Uniqlo will continue to operate in Russia. The owner says Russians have "the same right to live" as other people, as dozens of other international companies are rushing to leave the country in protest over its offensive on Ukraine.
"Clothing is a necessity of life. The people of Russia have the same right to live as we do," Tadashi Yanai, the CEO of Uniqlo parent company Fast Retailing Co., said in a statement published by Nikkei newspaper.
Yanai said that while he opposes the Russian attack on Ukraine and there "should never be a war," all Uniqlo stores will continue to work in Russia. He added that "any attempt to divide the world will, on the contrary, strengthen unity."
Uniqlo is not the only company resisting the exodus from Russia. On March 3,Coca-Cola told TASS that "all operational, production, and logistics facilities of Coca-Cola in Russia are working."
"We are fully responsible to our partners, society and thousands of our employees in Russia. Our absolute priority is the safety of our employees," the company's representative told the news agency.
Coca-Cola issued a statement on the same day saying "war is never the solution" and announcing a ?1 million donation to support Red Cross operations in Ukraine, in addition to funds for Red Cross organizations in the neighboring nations of Romania, Hungary, Slovakia, and Poland.
Despite its efforts, three Ukrainian supermarket chains have removed Coca-Cola products from their shelves.
"Our supermarket chain is no longer cooperating with Coca-Cola, which continues to work in the aggressor's territory! From now on in NOVUS stores you will not see any Coca-Cola brand product," Novus supermarket chain announced on March 4.
Supermarket chains Fozzy Group and Varus made similar announcements.
Calls to boycott Coca-Cola have since grown on social media, with many also expressing anger at PepsiCo and McDonald's, which have so far not responded to Russia's offensive in Ukraine.
Russia argues that its "military operation" in Ukraine was necessary in order to "demilitarize" the country, to protect the Donbass republics, and to defend Russia's own security amid NATO's eastward expansion. The West condemned the attack and imposed harsh sanctions on Moscow, with dozens of major brands quickly deciding to exit the Russian market in protest.
https://www.rt.com/russia/551406-russia-clothing-brand-stays/
#13262652 at 2021-03-20 16:29:12 (UTC+1)
Q Research General #16800: Ebake 4 Victory Edition
Follow the money
https://www.irrawaddy.com/news/burma/from-myanmar-sweatshops-to-billionaires-in-switzerland.html
Interestingly four of the world's 62 richest billionaires made their fortunes in high-street fashion. Amancio Ortega of Spain, worth $64 billion, heads garment giant Inditex, owner of Zara. Swede Stefan Persson, worth $24 billion, is chairman of H&M and a 28 percent stakeholder. Tadashi Yanai of Japan owns Uniqlo and is worth $20 billion. The fourth is Phil Knight, who until June 2015 had spent 51 years as chairman of Nike, and is worth $21 billion.
H&M buys from factories in Myanmar and Uniqlo is considering doing so. Inditex pioneered the model of shorter supply chains and reduced lead times, now the norm in fast fashion. But this business practice puts huge pressure on suppliers and their workers, leading to forced overtime and pressure to squeeze wages as low as possible.
https://www.swissinfo.ch/eng/switzerland-mediates-in-myanmar-election-process/45865210
As the Federal Department of Foreign Affairs (FDFA) announced on Friday evening, most of the country's 97 political parties - including ethnic parties and the ruling National League for Democracy - signed the code. Myanmar's parliamentary elections are scheduled for November.
As requested by the parties and the election commission, Switzerland has spent the past eight months helping to facilitate negotiations on a revised code of conduct. This contains rules for peaceful elections and free competition to which parties and election candidates voluntarily commit themselves.
https://www.swissinfo.ch/eng/directdemocracy/international-democracy_switzerland-promotes-democracy-where-it-hurts/43968090
Switzerland is one of the most engaged supporters of the still highly fragile democracy in the former Burma.
"Over the past five years we've invested a good CHF122 million ($129 million) here in Myanmar," says Agnès Christeler, head of political and economic affairs at the embassy, which employs several dozen staff. Of this money, she says around 15% has gone towards the promotion of democracy.
Concretely, Christeler and her team have focused on building civic dialogue in the former military dictatorship. Since the elections in 2015, Switzerland has supported, via the direct donation of money, the country's civil society organisations.
In addition, the Swiss representatives advise the NGOs on how to gain influence in public debates.
#7636852 at 2019-12-28 01:55:58 (UTC+1)
Q Research General #9771: The Movie Will Never Be The Same! Edition
Japan's Richest Man Quits SoftBank Board After Clashes With Masayoshi Son
After the year SoftBank just had, this is probably the last thing its shareholders want to see. One of SoftBank's last two remaining non-executive directors is stepping down from its board after 18 years, removing perhaps the company's biggest internal skeptic, according to a Reuters report.
Tadashi Yanai, the CEO of Uniqlo owner Fast Retailing and a longtime Masa advisor, said he's leaving SoftBank to focus more on expanding his own business into new markets, including Italy, India and Vietnam. With a net worth of $25 billion (according to Forbes), Yanai is the wealthiest person in Japan. But at SoftBank, he was known as a close ally and sometimes critic of Masayoshi Son credited with attempting to rein in some of Masa's more reckless tendencies. But whatever his reasons for leaving, the fact remains that Yanai's departure comes at a time when his more conservative outlook is badly needed. n one of his most famous quotes, Yanai said "Dreams are all good, but nothing beats realistic management. Let's keep our feet firmly on the ground."
Unfortunately, the word "Realistic" was never a big part of Masayoshi Son's vocabulary. As his reputation as one of the world's greatest momentum investors grew, Son pushed his firm toward ever-larger bets on Silicon Valley startups, leaving firms like Uber and WeWork with outrageous valuations that many analysts found difficult to justify.
After WeWork scrapped its planned IPO, SoftBank was forced to swoop in with a rescue package to stave off an imminent WeWork bankruptcy filing.Then, in its Q3 earnings report, SoftBank suffered a staggering $4.6 billion writedown on its WeWork investment. But that wasn't all: In addition to the WeWork fiasco, SoftBank's ill-advised bets on Uber and Slack, both of which flopped after their long-anticipated IPOs this year, bringing the firm's losses in 2019 to somewhere around $10 billion. After the WeWork fiasco, shareholders were calling for Masa to step aside. Instead, the SoftBank founder and chairman acknowledged that "there was a problem with my own judgment, that's something I have to reflect on." He promised to be more conservative in the future.
But according to the FT, it appears that Masa has already changed his mind. Despite the failure of the first SoftBank Vision Fund, a $100 billion pot of mostly Saudi money used to invest in dozens of tech startups, sources close to Masa say the chairman wants to continue investing aggressively by raising a Vision Fund 2 (though it's not clear where he intends to find the money and investors, now that the Saudis have reportedly soured on their relationship with SoftBank, and Japanese Telecom/Tech/VC/whatever conglomerate's reputation as a responsible steward of capital lies in tatters.
Back in 2017, Yanai told a weekly Japanese business newspaper that his role was to raise sometimes painful questions. "I realise he has a knack for investing, but if he's going to make use of his ability, I want him to be successful as an entrepreneur rather than as an investor," Yanai said in an interview with weekly paper Nikkei Veritas at the time. "I want him to focus on his core business."
During a presentation last month, Son joked about being scolded by Yanai, and said his longtime friend could be a "scary external director" at times. Shortly after, Bloomberg published the latest edition of Bloomberg Businessweek with a cover lampooning Son's many investing failures.
Omg. pic.twitter.com/wRwCLhyRC6
- Ivan the K™ (@IvanTheK) December 27, 2019
At this point, remaining SoftBank investors should be trying to figure out exactly why Yanai left. Was he simply exhausted after 18 years of service on the board? Or was it Masayoshi Son's hubris that drove him out the door?
Whatever the reason, with Yanai out, SoftBank's board is now composed almost entirely of SoftBank executives and employees. That's definitely a recipe for a more insular company, and more "yes" men surrounding Masayoshi Son.
https://www.zerohedge.com/markets/japans-richest-man-quits-softbank-board-after-clashes-masayoshi-son