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SMEBiz

Enabling the disabled

JEANETT Dian Amonsen was a high-flying TV journalist with a state broadcaster when a diagnosis of multiple sclerosis at 40 derailed her career.

Business

Hong Kong property scion has no house, no inheritance

HONG KONG: The heir to the biggest real estate agency in property-mad Hong Kong doesn’t own a house.

Business

Is your wealth creating spoilt and ungrateful kids?

A few months ago I came across an unbelievable video circulating on social media. A teenage girl from Beverly Hills went on an episode of Dr Phil, berating her mother for cutting her allowance from US$5,000 per month to US$1,000 a month, and refusing to get her a Mercedes G-Wagen worth over US$140,000.

Corporate News

RM59m net profit for BToto

PETALING JAYA: Berjaya Sports Toto Bhd (BToto) has reported marginally lower earnings for the third quarter ended Jan 31, 2019 (3Q19), due to lower contributions from its operations in Malaysia and the Philippines, but mitigated by better results from its luxury car business in the United Kingdom.

Corporate News

Buffett's Berkshire says vice chairmen Jain, Abel each make US$18mil

NEW YORK: Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about US$18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed Warren Buffett as the conglomerate's chief executive.

Corporate News

Largest college admissions fraud scam in US history unearthed

BOSTON: Federal authorities arrested dozens on Tuesday for a US$25 million (£19.1 million) scheme to help wealthy Americans, including actresses Felicity Huffman and Lori Loughlin and some CEOs, cheat their children's way into elite universities, such as Yale and Stanford.

Business

The 10 best paid hedge fund managers made US$7.7b in 2018

NEW YORK: Even for this Gilded Age of 0.0001 percenters, Kenneth Griffin drips money. The hedge-fund mogul recently closed on a New York penthouse for an eye-watering $240 million. Before that he picked up a $122 million London mansion.

SMEBiz

Getting employees involved in giving

BUSINESSES have traditionally given out donations as part of their corporate social responsibility (CSR) efforts.

SMEBiz

Eye on helping kids with poor sight

THE true mark of success is not just a measure of one’s wealth, but also how much of that wealth is given back to society.

Business

Battersea donates RM52,600 to stroke victim’s family

KUALA LUMPUR: Battersea Power Station Development Company (BPSDC) donated £10,000 (RM52,600) to Sahrom Ahmad’s family after he suffered a stroke while in the UK for his daughter’s graduation ceremony at the University of Loughborough.