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05.12.25 - 21:00
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World′s Billionaire Population Surges To New Record High: UBS (ZeroHedge)
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World's Billionaire Population Surges To New Record High: UBS
Authored by Andrew Moran via The Epoch Times (emphasis ours),
The ultra-rich grew even wealthier this year and the world has more billionaires than ever, according to Swiss bank UBS.
A megayacht, built by Dutch yacht builder Royal Van Lent for former Starbucks CEO Howard Schultz, is piloted past a bridge in Woubrugge, Netherlands, on May 28, 2025. Josh Walet/ANP/AFP via Getty Images
Global billionaire wealth hit a record $15.8 trillion in 2025, up by 13 percent from 2024, UBS said in its 11th Billionaire Ambitions Report, published on Dec. 4. This is the second-largest annual increase, after 2021, “lifted by existing tech billionaires' appreciating wealth and the number of new billionaires across a range of sectors,” the report reads.
UBS's analysis includes cash, securities, corporate ownership interests, property, and other material assets.
“In a highly uncertain time for geopolitics and economics, entrepreneurs are innov...
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04.12.25 - 22:09
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ICSC Announces John Peter (JP) Suarez as ICSC Chairman and Conor Flynn as ICSC Vice Chairman for 2026 (Business Wire)
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Former Walmart International Regional CEO Suarez and Kimco Realty CEO Flynn to Lead ICSC's Board of Trustees, Plus Eight Additional Trustees Named
NEW YORK--(BUSINESS WIRE)--ICSC announced today that the organization's Board of Trustees elected John Peter (JP) Suarez, Former Walmart International Regional CEO, Executive Vice President and Chief Administration Officer, to serve as ICSC's Chairman and Conor Flynn, Kimco Realty CEO, to serve as Vice Chairman for the 2026 term. JP succeeds Angele Robinson-Gaylord, SVP, Store Development Americas, Starbucks Coffee Company, as ICSC's 65th Chairman.
Suarez brings a global perspective and deep operational expertise to his role as ICSC's Chairman. For nearly two decades at Walmart, he held senior leadership positions, including serving as the former Regional CEO, Argentina, Canada, Chile and Massmart, and Executive Vice President and Chief Administration Officer of Walmart International.
“The depth and breadth of JP's experience in retail and real estate a...
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