Eight out of ten richest people in the world do business in technology

Eight out of ten richest people in the world do business in technology

The technology sector rules world business. Gulf Brokers updated its review of the world’s richest people investing in technologies. Since first publishing the list, based on data from Forbes Real Time Billionaires, in April 2021 there is another billionaire among the world's 10 richest people. It is Steve Ballmer moving from 14th to the 10th place in the Forbes ranking as of October 29, 2021. The trend of accelerating technologies is thus confirmed even in month-on-month movements in the billionaires’ wealth.

Social Media Pioneers Delivering Impressive Results

Social Media Pioneers Delivering Impressive Results

The social media apps enjoyed a huge surge in usage in 2020 after people were trapped inside their homes looking for an escape during the pandemic time. How does the story go in 2021?

Recently, social media pioneers Twitter, Facebook, Snapchat and Pinterest delivered strong results for the second quarter, which ended on June 30.  The exception was Pinterest, shares of which fell more than 20% within two weeks after the Q2 earnings announcement.