NBA legend Shaquille O’Neal’s early investment in Google significantly contributed to his $500 million net worth. His diversified portfolio, including Apple, Papa John’s, and Krispy Kreme, showcases his smart investment strategies. O’Neal’s annual income from business ventures now surpasses his peak basketball earnings, highlighting the potential for athletes to build lasting wealth beyond their sports careers.
Mara Holdings Inc. (MARA) announced a new $700 million private offering of zero-coupon convertible senior notes, following a similar $1 billion offering in November. This move underscores the company’s continued commitment to Bitcoin acquisition and highlights the ongoing interest in crypto investments through innovative financing strategies.
Alibaba Group Holding is planning a significant bond issuance in US dollars and Chinese yuan, aiming to raise up to $5 billion to bolster its stock buyback program and repay existing debt. This strategic move leverages currently low global interest rates, offering Alibaba a cost-effective way to enhance shareholder value.
The Society for Incentive Travel Excellence (SITE) and Financial & Insurance Conference Professionals (FICP) have announced a strategic partnership that offers FICP members complimentary SITE memberships. This collaboration provides finance and insurance professionals with unparalleled access to global incentive travel expertise, resources, and networking opportunities, empowering them to create impactful and transformative travel programs.
Money Saving Expert Martin Lewis has revealed a little-known trick that could result in a significant council tax refund for many UK households. An MSE investigation found £141 million in refunds waiting to be claimed, and Lewis outlines the most common reasons you could be due a refund, along with a step-by-step guide on how to claim it.
Power Sustainable, a leading sustainability-focused alternative asset manager, has appointed Delia Cristea as its new Chief Operating Officer (COO). Cristea, a Partner at Power Sustainable and former General Counsel, brings over 20 years of financial sector experience and a strong commitment to long-term value creation. In her new role, she will oversee the firm’s day-to-day operations and continue to drive its strategic vision for growth.
Power Sustainable, a leading sustainability-focused alternative asset manager, has appointed Delia Cristea as its new Chief Operating Officer (COO). Cristea, a Partner at Power Sustainable and General Counsel since its founding, brings over 20 years of experience in the financial sector and will focus on overseeing the firm’s day-to-day operations. Her appointment reflects Power Sustainable’s commitment to growth and its mission to catalyze capital towards clean global solutions.
AirAsia has been recognized at the Asia Pacific Aviation 100 Awards for its exceptional financial management, securing the titles of Asia-Pacific Overall Deal of the Year and Asia-Pacific CFO/Treasurer of the Year. This achievement highlights AirAsia’s robust financial stability and its strategic plan for future growth, marked by fleet expansion, new routes, and deeper penetration into key markets like China and India.
Caitlin Long, CEO of Custodia Bank, believes the 2024 US presidential election will significantly impact the integration of blockchain technology into traditional finance. She highlights differing regulatory approaches between administrations, with a potential for a more tech-friendly environment under a Republican administration. Long’s work in Wyoming, where she helped establish pro-blockchain laws, provides a model for national policy.
This week saw significant gains in the mid-cap stock market, with ImmunityBio, Stride, PureCycle, and Trump Media & Technology Group leading the charge. Find out why these companies are attracting investor attention and whether they should be on your watchlist.
