Scott Farquhar set himself three goals – to get fit, spend time with children and travel. His personal fortune, mostly derived from Atlassian shares, is $10.5 billion
The wealthiest 1% around the world accounts for 15% of all emissions attributed to consumers, but if their carbon footprint is measured by the assets they own, their share jumps up to about 40%.
Chinese citizens are looking for ways to relocate abroad rather than just move their assets. But Xi Jinping’s tactic to exert ‘ethnonationalist power’ won't be easy to escape.
Adidas was producing Yeezy branded sneakers, which cost between $200-$700. They generated about $1.47 billion in annual sales for Adidas, making up a little over 7% of its total revenue.
Gennady Timchenko has lost almost 1/3rd of his wealth, while Leonid Mikhelson’s fortune has tumbled $6.2 bn. Lukoil chief Vagit Alekperov’s net worth has declined by about $3.5 bn.
Indian refiners are testing Venezuelan barrels again as Russian supply sinks, but analysts say volumes will remain limited due to refinery constraints & supply capacity.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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