The carry trade is a popular, albeit risky, trading strategy that has played a significant role in financial markets for decades. The recent mini-stock market crash was made even worse by this trading strategy. Despite its technical nature, understanding the basics of the carry trade and its potential risks and rewards can provide valuable insights
German Larrea, a Mexican billionaire, has a net worth of $31.7 billion, primarily from the commodities sector. He is the Chairman and CEO of Grupo Mexico, one of the world’s largest copper producers. Grupo Mexico is also involved in mining other metals, infrastructure, and transportation. Larrea has successfully led the company to new heights, expanding
With a net worth of $31.8 billion, Abigail Johnson is one of the wealthiest individuals in the United States. She has amassed her fortune in the finance industry as the CEO and President of Fidelity Investments, a multinational financial services corporation founded by her grandfather, Edward C. Johnson II. Under her leadership, Fidelity has continued
Rodolphe Saade, along with his family, has accumulated a net worth of $33.2 billion, making them the wealthiest billionaires in France. The primary source of their wealth comes from the services industry. Rodolphe Saade is the CEO and Chairman of CMA CGM, the world’s third-largest container shipping company. Founded by his father, Jacques Saade, the