From Finance To Founder And Billionaire
Forbes Middle East - English|April 2024
These four self-made business mavericks leaped into entrepreneurship and built big fortunes by leveraging their backgrounds in finance.
JAMILA GANDHI, RITAM BANERJEE
From Finance To Founder And Billionaire

Arthur Blank

Blank graduated with a degree in business administration from Babson College. He went on to work for Arthur Young & Co., which later merged with Ernst & Whinney to form Ernst & Young, then later joined Handy Dan Home Improvement Centers. Blank and Bernie Marcus cofounded The Home Depot in 1978 after being fired from Handy Dan. The Home Depot became a global leader in home improvement retail and went public on Nasdaq in 1981. After retiring as co-chairman in 2001, Blank diversified his portfolio, acquiring the NFL's Atlanta Falcons for $545 million in 2002 and PGA TOUR Superstore in 2010, as well as other successful ventures like Atlanta United FC. Blank signed the Giving Pledge in 2012 and founded The Arthur M. Blank Family Foundation. As of March 20, 2024, the 81-year-old was worth $8.5 billion.

Falguni Nayar

Diese Geschichte stammt aus der April 2024-Ausgabe von Forbes Middle East - English.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der April 2024-Ausgabe von Forbes Middle East - English.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS FORBES MIDDLE EAST - ENGLISHAlle anzeigen
WATCHING OUT FOR THE WEALTHY
Forbes Middle East - English

WATCHING OUT FOR THE WEALTHY

Faisal Al-Hamad, CEO of Kuwait-based NBK Wealth, has been leading the NBK Group's client-centric businesses under a unified umbrella since 2021. With over $20 billion in assets under management, he's now planning for expansion.

time-read
4 Minuten  |
May 2024
Middle East Forbes THE MIDDLE EAST'S TOP 100 TRAVEL & TOURISM LEADERS 2024
Forbes Middle East - English

Middle East Forbes THE MIDDLE EAST'S TOP 100 TRAVEL & TOURISM LEADERS 2024

Thanks to their geographical position and historical and cultural richness, Middle East countries are attracting both tourists and investors.

time-read
2 Minuten  |
May 2024
PARTY WITH PURPOSE
Forbes Middle East - English

PARTY WITH PURPOSE

New Forbes billionaire Kabir Mulchandani, Founder and Chairman of FIVE Holdings, is building an entertainment ecosystem with a sustainable footprint. Now, he's talking IPO plans.

time-read
7 Minuten  |
May 2024
EMPIRE BUILDING
Forbes Middle East - English

EMPIRE BUILDING

Hussain Sajwani, Founder and Chairman of the DAMAC Group, has built a property empire and accumulated over $5 billion in wealth since establishing the group in 1982. As he continues to seek out new opportunities, he's also supporting the next generation as they follow in his footsteps.

time-read
9 Minuten  |
May 2024
The Middle East's RICHEST BILLIONAIRES 2024
Forbes Middle East - English

The Middle East's RICHEST BILLIONAIRES 2024

It's been a banner year for the mega-wealthy. Forbes found an unprecedented 2,781 billionaires around the globe for this year's World's Billionaires list-141 more than in 2023 and 26 more than the previous record, set in 2021.

time-read
2 Minuten  |
May 2024
Riches from Rags
Forbes Middle East - English

Riches from Rags

Investors have blown billions of dollars on loss-making luxury clothing resale firms. VINTED, an unlikely startup from Lithuania, finally cracked the code.

time-read
6 Minuten  |
May 2024
The New Goal Standard
Forbes Middle East - English

The New Goal Standard

JORGE MAS took a risk with a lucrative bet on Lionel Messi and quickly transformed Inter Miami into MLS's second billion-dollar franchise. But now the clock is ticking.

time-read
5 Minuten  |
May 2024
Reasons To Seek Adventure
Forbes Middle East - English

Reasons To Seek Adventure

Whether it’s the exhilaration of free-falling out of the sky or the thrill of being immersed among the shark-filled reefs of the Indian Ocean, adventure enthusiasts are drawn by the allure of life-changing experiences. Here are some reasons why.

time-read
3 Minuten  |
April 2024
THE MIDDLE EAST'S 30 MOST VALUABLE BANKS 2024
Forbes Middle East - English

THE MIDDLE EAST'S 30 MOST VALUABLE BANKS 2024

MENA’s banking sector has shown resilience over the last year, supported by higher interest rates and oil prices.

time-read
10+ Minuten  |
April 2024
INVESTING AT YOUR FINGERTIPS
Forbes Middle East - English

INVESTING AT YOUR FINGERTIPS

Ahmad Hammouda and Seif Amr, Cofounders of Egypt-based digital investment platform Thndr, are facing competition from brokerages and investment banks to democratize investing. Having seen exponential growth in four years, they’re now looking at expanding to the U.A.E. and Saudi Arabia.

time-read
7 Minuten  |
April 2024