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Christy Walton: The Richest Woman in the World in 2015

Christy Walton: The Richest Woman in the World in 2015

World’s richest woman Christy Walton tops $US41.7 billion. Christy Walton owes her fortune to the founders of Walmart (WMT), the Walton family, although she married into the clan. Her husband, John Walton, died in 2005 at the age of 58 when he crashed a small experimental plane he was piloting in Wyoming. John Walton was one of Walmart founder Sam ... Read More »

Alicia Shaffer, Etsy’s richest seller

Alicia Shaffer, Etsy's richest seller

Alicia Shaffer, A mother-of-three earns $70,000 a month from selling handmade headbands, socks and scarves on Etsy. Shaffer wanted to bring in some extra money after the clothing store she and her husband managed in the San Francisco Bay shut down in the recession. Read More »

Michele Ferrero : Owner Of The Nutella Empire Dies At 89

Michele Ferrero : Owner Of The Nutella Empire Dies At 89

Michele Ferrero, the owner of the Nutella empire, has died, according to reports on Saturday. He was 89 years old. Ferrero, whose fortune we last estimated at $23.4 billion, had retired from day to day operations at Ferrero, the world’s fourth largest confectionary company, and had been battling a long-time illness. Read More »

Cathy Engelbert Makes Big 4 History With Deloitte Promotion

Cathy Engelbert Makes Big 4 History With Deloitte Promotion

Cathy Engelbert, CPA, will become the first female CEO of a Big Four audit, accounting, and consulting firm in the United States, Deloitte LLP announced today. “Cathy has a strong track record of advising some of the firm’s leading clients, and working with regulators to advance our industry-leading Audit practice,” said Punit Renjen, currently chairman of the Board of Deloitte ... Read More »

Macy’s Buys Beauty Retailer Bluemercury, raises outlook

Macy's Buys Beauty Retailer Bluemercury, raises outlook

Macy’s, Inc. announced it has signed an agreement to acquire Bluemercury, Inc., widely recognized as America’s largest and fastest-growing luxury beauty products and spa services retailer, for $210 million in cash. The transaction is expected to be completed in Macy’s, Inc.’s fiscal first quarter (which ends on May 2, 2015) and be accretive to Macy’s, Inc.’s earnings in its first ... Read More »