Investing

Helsing built a $4.5 billion business on a pledge to transform Europe’s militaries with software, not hardware.

The billionaire family spearheaded the $100 million seed investment in Future Generation Women, a new high-net-worth fund exclusively managed by female portfolio managers. This initiative, an offshoot of Geoff Wilson’s Future Generation firm, aims to drive stronger gender equity outcomes in Australia.

Despite the recent upheaval with Covid, the fundamentals haven’t changed in the fast-food industry in the past 50 years, says Jack Cowin, the billionaire founder and executive chairman of Competitive Foods Australia, the privately held group behind some of the country’s biggest fast-food chains.

The judge said Monday Tesla’s request for the court to “flip its decision” after the shareholders voted in favor of the package went “against multiple strains of settled law.”

Billionaire Andrew Forrest’s Fortescue is deepening investments to decarbonise the iron ore giant’s mining fleet with the purchase of $400 million of emissions free heavy mining equipment from China’s XCMG.

Our sunburnt nation ranks just 30th out of 36 nations in the economic competition index. Australia is 16th globally in overall AI Vibrancy.

The 22nd Forbes Global CEO Conference took place in Bangkok, Thailand, on November 20 and 21, gathering some 400 leading CEOs, entrepreneurs, investors and thought leaders from around the world to discuss key issues of global concern and to build new partnerships.

Lorna Jane Clarkson is no stranger to risk. In 2020, as the COVID-19 pandemic wreaked havoc on supply chains, she made the bold decision to buy back the 40% stake in her namesake brand for $28 million. “The deal of the century,” she calls it now, but at the time, the future was anything but certain. Now, she faces her next big challenge.

Melbourne brothers Tim and Dr Ben Toner have raised $23 million for Affinda over the last 18 months. The global company uses AI to digitise document-intensive processes.

“Tomorrow’s decisions are likely to be better made by three live and well-directed brains than by a dead hand,” wrote Buffett, whose lifetime giving of over $60 billion makes him likely the most prolific philanthropist ever.