The Russian Alisher Usmanov, born 9 September 1953, is the owner of the world's largest superyacht, Dilbar, estimated to be worth up to a billion. Usmanov's net worth is said to be just under $18B. Of course, he has excellent connections to Putin and the Russian establishment.

The GAFAM War For years, GAFAM (Google, Apple, Facebook, Amazon, and Microsoft) has been waging...

Social media is a powerful marketing tool, and influencers are the name of the game. The best influencers on Instagram and TikTok earn millions. Regulated financial institutions and scammers deploy influencers to chase after clients and victims, respectively. Lately, the UK Financial Conduct Authority (FCA) has taken action against Freetrade (www.freetrade.io) and ordered the regulated broker to remove all paid-for sponsored influencer advertisements and posts across all social media platforms.

Meta Platforms saw its stock market value slump by more than $230B last week. A record daily loss for a US firm. Its shares fell 26.4% after quarterly figures disappointed investors. Meta also said that Facebook's daily active users (DAUs) had dropped for the first time in its 18-year history and fell to 1.929B in the three months to the end of December, compared to 1.930B in the previous quarter.