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According to the Forbes World's Billionaires List of 2026, many of the world's richest people are citizens of the United...
03/13/2026

According to the Forbes World's Billionaires List of 2026, many of the world's richest people are citizens of the United States. The country counted 989 billionaires per the list's last release Tuesday. This is far ahead of the second-ranked country, China (with 610) and third-placed India with 229.

According to Forbes, 390 new billionaire were minted in the last year, translating into more than one a day and pushing up the number of billionaires worldwide to more than 3,400. This included the first billionaires from Afghanistan and Pakistan. Despite coming from neighboring countries, the two men's success stories are different. While Afghan national Mirwais Azizi is a 63-year-old real estate developer based in Dubai, Pakistan's Sualeh Asif is only 26 and co-founded AI coding tool Cursor in the U.S. with three friends from MIT.

After the U.S., China and India, Germany has the biggest number of billionaires at 212, followed by Russia at 147.

Also new on the list in 2026 are well-known celebrities like singer Beyonce Knowles-Carter, tennis player Roger Federer, rapper Dr. Dre and movie director James Cameron. Other notable female newcomers include China’s Zhou Xiaoping, who is the cofounder of Changzhou Xingyu Automotive Lighting Systems and entered the list with the highest female self-made fortune of 2026 ($3.8 billion), as well as Amelie Voigt Trejes, the world's youngest billionaire ever at 20 after inheriting part of a family fortune from her grandfather, the cofounder of Brazilian electrical equipment company WEG.

2026 also saw a new all-time youngest self-made billionaire in Surya Midha. The 22-year old American with Indian roots cofounded AI recruiting tool Mercor with two university friends just slightly older. Another Brazilian, Luana Lopes Lara, is now the youngest ever self-made female billionaire at 29 after cofounding prediction market firm Kalshi.

03/13/2026

The Billion Euro Club: How Money Reshaped Football's Elite

Football has never been richer, and the numbers tell a striking story. Real Madrid set a record in the 2023-24 season, becoming the first club in history to surpass €1 billion in annual revenue. This figure has since climbed to an impressive €1.16 billion. Together, the top 20 clubs by revenue reached a record €11.2 billion, fueled by increasing commercial deals, matchday revenues surpassing €2 billion for the first time, and broadcasting rights remaining the financial backbone of the sport. What was once decided mostly on the pitch is now shaped just as much by boardroom deals, modern stadium projects, and global sponsorship networks.

The racing bar chart shows how much the pecking order has changed. Manchester United, the clear number one from 2015 to 2017, dropped to 8th in 2024/25. State backed investment pushed Manchester City from 6th to the top spot and Paris Saint Germain from outside the top 10 to a regular top five fixture. Liverpool's climb back to 5th proves that smart commercial growth can keep pace with state-owned spending power.

However, the growing financial disparity has real downsides. The gap between the top revenue clubs and the average first division or Champions League side has widened dramatically, making it harder than ever for underdogs to compete at the highest level. Occasionally, a club like Bodø/Glimt breaks through and captures the imagination of fans worldwide, but these stories are becoming rarer. The richest clubs use their revenue to sign the best players, secure the biggest sponsorships, and earn spots in expanding European competitions, while the rest struggle to keep up. Football's growth has brought global attention and spectacle, but it increasingly risks creating a closed circle where money determines who belongs at the top.

Elon Musk (54) has once again been named the world’s richest man in 2026 with an estimated fortune of $839 billion, acco...
03/12/2026

Elon Musk (54) has once again been named the world’s richest man in 2026 with an estimated fortune of $839 billion, according to Forbes’ 40th annual billionaires list, released Tuesday. Since last year, the South African-American businessman has added almost $500 billion to his wealth. Musk co-founded multiple companies, from the electric car manufacturer Tesla to the rocket maker SpaceX and also owns X (formerly Twitter). Last year, he also made headlines after serving as a Special Government Employee leading the Department of Government Efficiency (DOGE), carrying out controversial deep cuts to government spending and staff.

Next in line comes Larry Page (52) and Sergey Brin (52), co-founders of Google, who racked up $257 billion and $237 billion in wealth, respectively. They were followed by Amazon founder Jeff Bezos (62), who stepped down from his role as CEO of the company in 2021 to become an executive chairman.

Bernard Arnault (77), chairman and CEO of luxury goods conglomerate LVMH, is the only non-American to make the top 8 of the list this year, with an estimated fortune of $171 billion. Arnault was also the only one of the eight richest people in the world not to have made his fortune in the technology sector. The chart is based on Forbes' calculations using net worths based on stock prices and exchange rates from March 1, 2026.

Are healthy eating habits becoming more common?In the U.S., 35% of people say they avoid artificial flavors and preserva...
03/11/2026

Are healthy eating habits becoming more common?

In the U.S., 35% of people say they avoid artificial flavors and preservatives. Others follow diets like low-carb (24%), gluten-free (13%) or lactose-free (13%).

Millennials represent the biggest group actively trying to eat healthier, and nearly one in four respondents say they are eating less meat.

What does healthy eating mean to you?

It may come as no surprise that many people around the world are feeling concerned about their financial futures. Years ...
03/11/2026

It may come as no surprise that many people around the world are feeling concerned about their financial futures. Years of global inflation, stagnant wages and mounting pressures on pensions systems are contributing to economic uncertainty. These challenges are further compounded by the impacts of climate change and major geopolitical events, from trade tariffs to armed conflicts.

Data from a Statista Consumer Insights survey shows that around four in ten respondents in South Korea, Japan, Spain and Brazil voiced concerns on the topic last year. The share of respondents who felt similarly was much lower in China, at 14 percent. In the United States, just over a third (35 percent) of respondents said they were worried about their financial future, making it the most commonly picked answer out of a possible ten included in Statista's survey (multiple choices possible). In second position came "I'm well-informed about my personal financial situation", picked by 34 percent of respondents

Continuing the surge in oil prices amid the widening conflict in the Middle East, the price of Brent crude oil futures s...
03/10/2026

Continuing the surge in oil prices amid the widening conflict in the Middle East, the price of Brent crude oil futures surged past $100 per barrel for the first time since 2022 on Monday. An end to the oil price surge is currently not in sight as several major oil producers in the region have started to cut production in the face of maritime trade disruptions and attacks on oil infrastructure.

Due to its large reserves and strategic geographic position, Iran plays a significant role in the global oil market, which has given the country a valuable bargaining chip in international negotiations over the past decades. According to the U.S. Energy Information Administration, Iran produced roughly 4.6 million barrels of crude oil and natural gas liquids per day in 2024, making it the world’s sixth largest oil producer.

Perhaps more important than Iran’s role as an oil producer is its strategic position and control of the Strait of Hormuz, though. By blocking off the narrow waterway, Iran has the power to disrupt the global oil market significantly. In Q1 2025, more than a quarter of the world's maritime oil trade passed through the Strait of Hormuz. The current blockage of the strait is forcing oil producers in the region to cut production, as storage facilities quickly fill up when shipping routes are closed.

In Case You Missed It: 💡👩Women Work More Than Men🪙Cost of Living Is the Biggest Challenge Americans Face📱Will the Memory...
03/09/2026

In Case You Missed It: 💡

👩Women Work More Than Men
🪙Cost of Living Is the Biggest Challenge Americans Face
📱Will the Memory Shortage Hit Smartphone Sales in 2026?
🔵Congressional Budget Office Ups Federal Deficit Forecast
👟Puma Revenue Slips Below that of Its Chinese Investor Anta

03/07/2026

Ahead of International Women’s Day tomorrow, one question stands out: how long will it take to reach global gender parity?

03/06/2026

The 2026 Paralympics start today. Athletes from around the world will compete across multiple disciplines and showcase the highest level of sport. But how many countries are expected to take part this year?

On the 115th International Women's Day observed this Saturday, much of the world is still behind on providing legal fram...
03/06/2026

On the 115th International Women's Day observed this Saturday, much of the world is still behind on providing legal frameworks and access to justice for women and girls. According to the United Nations Commission on the Status of Women and data by the World Bank, women face greater barriers to justice in nearly 70 percent of countries.

In more than half of countries, women don't have equal access to credit and roughly the same share of nations has not introduced consent-based definitions of r**e. Almost three quarters have not completely outlawed child marriage.

A still high 44 percent of nations does not guarantee equal pay for equal work.

At least 45 nations don't treat men and women the same when it comes to nationality, while 25 percent do not guarantee sons and daughters the same rights to inheritance.

Just a few countries still haven't achieved equal rights in financial issues like opening a bank account individually, owning property and sharing assets during marriage.

According to a report published last year by UNICEF, India is witnessing a rapid rise of overweight and obesity across a...
03/05/2026

According to a report published last year by UNICEF, India is witnessing a rapid rise of overweight and obesity across all age groups, including among young children and teenagers. Countries in South Asia had the lowest prevalence of overweight in 2000, but by 2022, the prevalence had increased almost fivefold among children aged 5–9 years, 10–14 years, and 15–19 years.

As our infographic shows, only two percent of children and adolescents aged 5 to 14 were considered overweight in 2000 (UNICEF defines overweight for these age groups as having a BMI-for-age over one point above the median according to WHO guidelines). In 2022, 12 percent of children aged 5 to 9 and 11 percent of adolescents aged 10 to 14 were considered overweight in the country. While rates of obesity (BMI-for-age over two points above the median) remain lower, their increase is also worrying: in 2000, zero percent of teenagers aged 10 to 14 were considered obese, while they represented 3 percent of the age group in 2022.

UNICEF predicts that India will be home to over 27 million children and adolescents (5 to 19 years) living with obesity by 2030, and will account for 11 percent of the global burden. One of the reasons highlighted by the organisation for the rise of overweight and obesity in India is the surge in consumption of ultra-processed food, which jumped from $900 million in 2006 to $37.9 billion in 2019. According to UNICEF, obesity has, for the first time, surpassed underweight globally as the most common form of malnutrition among school-aged children and adolescents. Today, one in ten children worldwide, nearly 188 million, live with obesity.

The Trump administration's trade war in 2025 created an environment in which U.S. and European companies' bottom lines s...
03/04/2026

The Trump administration's trade war in 2025 created an environment in which U.S. and European companies' bottom lines suffered while giving advantages to Asian competitors, which produce and sell in the same market. In the sportswear segment, the share prices of market leaders dropped significantly compared to two years ago. This affected, for example, Nike, Adidas and Puma. While Nike also saw its revenue drop recently, Adidas' popular products, recently headed by retro sneakers, were able to achieve record sales and margins last year while still doubted by investors. Puma also lost market cap and revenue, but is currently in the process of restructuring.

China's sporting giant Anta meanwhile has seen revenues and share prices rise, as have those of smaller competitor Li Ning. Stock prices soared for Anta-controlled Amer Sports, which owns brands Arc’teryx, Atomic, Salomon und Wilson, as well as for Japan's Asics, which also capitalized on the retro trend with its Onitsuka Tiger and SportsStyle sneakers.

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