Saudi Arabian Public Investment Fund
The Saudi takeover of Newcastle United took a year and a half to be complete. After the deal was closed in October 2021, the club's fans partied long into the night for several days. The news was also welcomed within Newcastle United, given the size of the new owner's fortune. The Saudi fund has over $430 billion in assets, and its chairman, Crown Prince Mohammed bin Salman, has a personal fortune of $17.6 billion. No other football club owner in the world has comparable wealth.
Carlos Slim
Carlos Slim is the richest businessman in Mexico, with an estimated net worth of $75 billion. He owns Mexico and Latin America’s biggest telecommunications corporation, América Móvil. His business interests also include construction, mining industry, real estate, mass media (he owns a 17% stake in the New York Times) and football. Rumors were circulating that Slim considered acquiring Atlético Madrid and Getafe, but so far, he only owns Real Oviedo. The magnate purchased the nearly bankrupt club in 2012 for €2.5 million.
François-Henri Pinault
François-Henri Pinault, one of the richest people in France with a net worth of $47.5 billion, is the chairman of Kering, a corporation specialized in luxury goods. The company owns such famous brands as Saint Laurent, Gucci, Balenciaga, and Alexander McQueen. Pinault is also the owner of Stade Rennais FC, a club that was originally acquired by his father in the late 1990s. Rennes has yet to join the ranks of top clubs due to the owner’s policy of not buying any players. Instead, Pinault sponsors the club’s academy that supplies Rennes with young, talented players.
Dietrich Mateschitz
Dietrich Mateschitz, the founder of Red Bull, has an estimated net worth of $24.5 billion. Being a die-hard sports fan, he invests a sizeable amount of his funds in this field. The Austrian billionaire’s first acquisition was SV Austria Salzburg, soon renamed Red Bull Salzburg. Mateschitz remains the owner of several other famous clubs, such as New York Red Bulls and RB Leipzig. Besides football, the businessman also has an interest in motorsport - he owns a Formula 1 racing team, Red Bull Racing.
Mansour bin Zayed Al Nahyan
Sheikh Mansour of the Abu Dhabi royal family once topped the list of the richest football club owners. Nowadays, he is only fifth, having an estimated net worth of $22 billion. Nevertheless, he leads the competition in the amount of acquired clubs - Mansour owns stakes in 10 football clubs. The flagship of the magnate’s football portfolio is Manchester City FC, acquired in 2008 for $212 million. In the first 10 years, Sheikh Mansour invested about $1.7 billion into the Citizens.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
