Alternative for Whatsapp | Whatsapp New Privacy Policy

Currently Whatsapp is the biggest and was first of its kind to be social engaging and connecting mobile application with contact-detailed identification. With over a billion users in 180 countries and counting, WhatsApp is the undisputed to-go instant messaging app on the globe. The social media giant—Facebook and its applications, including FB Messenger, Instagram, and other third-party apps, have been involved in several security breaches and have breached user privacy over the years. WhatsApp, on the other hand, is a Facebook-owned app that has resisted introducing user-centric security features such as End-to-End Encryption and other security protocols. WhatsApp began as an instant messaging service before being purchased by Facebook in the year 2014. While Facebook did not insert advertisements or violate users’ privacy on WhatsApp during the early years of its acquisition, it did cause security-conscious users to be worried about their privacy and security.

Facebook recently changed its privacy policies, allowing the company to use the data collected by WhatsApp in whatever way it sees fit. Instead of having to download three separate applications, As per various reports, Facebook is rumored to be merging Instagram, WhatsApp, and Messenger into a single platform, allowing users to communicate with others via messages and more in a single app. In certain cases, this will also include WhatsApp’s robust E2E encryption.

The changed policies by Facebook for Whatsapp, are stated below:

The latest privacy policy concerns WhatsApp’s service and how it manages user data. It provides end-to-end encryption, but with the recent policy update, WhatsApp and its family of applications and businesses under Facebook will be able to receive and transmit data from other companies. Operating, providing, understanding, improving, customizing, supporting, and marketing programs are all part of this.

One of the most surprising provisions of the privacy policy is the ability of WhatsApp to send necessary user data to the government in the case of unusual incidents. WhatsApp stores a large amount of data and is able to gather knowledge about these facets of your identity. Contact information, financial information, user material, usage data, diagnostics, identifiers, contacts, venue, and transactions are all included.

Moreover, Facebook and its subsidiaries, including WhatsApp, would be able to use data collected on the apps to enhance user experiences such as product recommendations, among other items.  Users’ messages are not saved, according to the privacy policy, but the user’s profile image, status message, profile name, and account information are. In layman’s words, WhatsApp stored user data on its servers that could be used for marketing purposes directly or indirectly on WhatsApp or any of Facebook’s other apps/companies.

1. Skype

Millions of people use Skype around the world. Skype has established itself as one of the most popular instant messaging and voice/video calling apps on the market. It allows you to hold a high-definition video call, and it won’t lag or display a pixelated or blurred video feed of other participants if you have 3 to 4 or more people on board. On Skype, you can have an HD video call with 1 to 49 of your family and friends.

You may form groups with other people. Make new connections by searching for people on Skype by username, email address, or even phone number. You can set your Skype status to “Busy” or “Available” so that others can contact you. If they aren’t on Skype, you can communicate with them using Skype Credit, which is a pay-as-you-go service. You can also make phone calls and send SMS messages to non-Skype users.

2. Signal

Signal—founded by the founder of Whatsapp, is one of the most obvious options for users. It has millions of users and was recently endorsed by Elon Musk, the CEO of Tesla and SpaceX. Signal Private Messenger uses the open-source Signal Protocol to provide end-to-end encryption. This protects your chats and conversations while allowing security experts to identify and patch vulnerabilities and flaws.

Signal protects every call and message with open-course encryption. It is completely free to use and contains no trackers or ads, so go ahead and try it out. If you don’t want the brightness of your screen to irritate you, particularly at night, the application has a Dark Mode. There are a few drawbacks, such as the lack of animated emojis, but hey, if you’re serious about protecting your privacy from intruders and prying eyes, Signal is one of the best WhatsApp alternatives.

3. Telegram Messenger

When it comes to the best WhatsApp alternatives, Telegram Messenger is at its best. It’s fast, secure, and synchronizes across all of your devices. Telegram, which has over 400 million users, allows users to share unlimited multimedia files of any size or kind. Since it is a cloud-based app, the entire chat history will not take up a single byte of your internal storage. Above all, it protects your data from prying eyes and places a premium on privacy.

It has open-source encryption for chats and calls (both voice and video calls), but you must turn it on manually. It helps you to build groups of up to 200K people. Telegram is capable of sharing extremely large videos and files, such as 1.5GB of any movie. It is fully ad-free and has no advertisements at all. You can also download movies, TV shows, and other content from Telegram’s various channels.

4. Session private messenger

An email address or phone number is usually required when creating an account on any instant messaging app. Is that correct? To build an account with Session Private Messenger, you don’t need a phone number or an email address. Session generates a Session ID that you can ask anyone to enter once you’ve set up your account. Session has set up user-operated servers all over the world, which means it doesn’t have power over them and therefore reduces the risk of them leaking any user data.

When you use the app, no metadata is recorded, and no UP addresses are ever recorded on the servers. End-to-end encryption ensures that no one is expecting your messages. Session has no idea who you are, who you’re communicating with, or what the messages are about. One of its mottos is “free expression,” so if you use Session, you’re in for a treat.

5. Threema

It prioritizes your safety and privacy above all else. Despite the fact that there is no free edition, it is one of the most common safe messengers. On Threema, you will have uninterrupted and seamless end-to-end encrypted voice and video calls. E2E encrypted instant messaging is also included in the app. Unlike every other app you’ve used, the app is designed to produce as little data as possible. It employs the aforementioned encryption method for all audio, video, group chats, media files, and other elements of Threema that users communicate with on a daily basis. Threema Site, Dark Theme, Syncs Contacts Optionally, and Private Instant Messaging are some of the features.

Why Portfolio Diversification is Important

Asset management is the direction of all or part of a client’s portfolio by a financial services institution, usually an investment bank, or an individual. Institutions offer investment services along with a wide range of traditional and alternative product offerings that might not be available to the average investor.

When the stock market is flourishing, it appears almost impossible to sell a stock for less than what you paid for it. However, since we never know what the market will do at any given time, we must never underestimate the value of a well-diversified portfolio in any market environment.

 

The investment community preaches the same thing the real estate market preaches for buying a house when it comes to developing an investing strategy that tempers possible losses in a bear market: venue. To put it another way, you can never put all of your eggs in one basket. The principle of diversification is based on this core theory.

What is Diversification:

Most financial advisors, fund managers, and individual investors use diversification as a rallying cry. It’s a portfolio management approach that combines various investments into one. Diversification is the principle that investing in a number of things would give you a better return. It also implies that diversifying one’s investment portfolio would lower risk.

Diversification is a term that has been around for a long time. With the benefit of hindsight, we can examine the market’s gyrations and responses when they started to falter during the dotcom crash and again during the Great Recession. We must note that investing is an art form, not a reflex, and that the time to practise disciplined investing with a diversified portfolio is until diversification is needed. When the average investor “reacts” to the market, 80% of the harm has already been done. A strong offence, more than most places, is your best defence, and a well-diversified portfolio paired with a five-year investment horizon will withstand most hurricanes.

One might desire to add index funds or fixed-income funds to your portfolio. Investing in stocks that track different indices is a fantastic way to diversify your portfolio over time. You can further hedge your portfolio against market fluctuations and uncertainty by adding some fixed-income solutions. Rather than investing in a particular field, these funds aim to mimic the performance of large indices, so they try to reflect the value of the bond market.

Another advantage of these funds is that they often have low fees. It means you’ll have more cash in your wallet. Because of what it takes to run these funds, the management and operational costs are low.

Make frequent additions to your investments. Using dollar-cost averaging if you have $10,000 to spend. This strategy is used to help smooth out market volatility’s peaks and valleys. The aim of this approach is to reduce your investment risk by consistently spending the same amount of money over time.  Dollar-cost averaging is when you invest money in a certain portfolio of securities on a regular basis. When prices are low, you’ll buy more shares, and when prices are high, you’ll buy less.

Purchasing and holding is a good strategy, as is dollar-cost averaging. However, just because your investments are on autopilot doesn’t mean you shouldn’t pay attention to the powers at work. Keep up with your savings and keep track of any shifts in the overall market. You’ll want to know what’s going on with the businesses you’ve invested in. You’ll be able to say when it’s time to cut your losses, sell, and move on to your next investment if you do it this way.

If you’re not a trader, make sure you know what you’re getting for your money. Some companies charge a recurring fee, while others charge per transaction. These expenses can quickly add up and deplete your budget. Being conscious of the price you’re paying and the value you’re receiving. It’s important to remember that the cheapest option isn’t necessarily the best option. Check to see if your fees have changed.

Investing can and should be a pleasurable experience. It has the potential to be educational, insightful, and enjoyable. Even in the toughest of times, trading can be profitable if you use a disciplined strategy and use diversification, buy-and-hold, and dollar-cost averaging strategies.

Equities can be excellent investments, but don’t put all of your money in one stock or sector. Consider starting your own virtual mutual fund by investing in a few companies you’re familiar with, trust, and even use on a daily basis. However, stocks aren’t the only factor to remember. Commodities, exchange-traded funds (ETFs), and real estate investment trusts (REITs) are other options (REITs). Often, don’t limit yourself to your own home base. Consider expanding your horizons and going global. You’ll spread the risk this way, which might result in bigger rewards.

Some claim that investing in what you know would lead to the average investor being too retail-oriented, but understanding a business and using its products and services can be a safe and wholesome approach to this market.  Yet, don’t get carried away and go too far. Make sure you limit yourself to a manageable portfolio. It’s pointless to invest in 100 different cars if you don’t have the time or money to keep up with them. Try to keep your savings to no more than 20 to 30.

One might want to add index funds or fixed-income funds to your portfolio. Investing in stocks that track different indices is a fantastic way to diversify your portfolio over time. One can further hedge your portfolio against market fluctuations and uncertainty by adding some fixed-income solutions. Rather than investing in a particular field, these funds aim to mimic the performance of large indices, so they try to reflect the value of the bond market.

Another advantage of these funds is that they often have low fees. It means you’ll have more cash in your wallet. Because of what it takes to run these funds, the management and operational costs are low.

A new 2022 Genesis G70 revealed a Launch Edition in United States

Genesis is and will be attempting to transform its 2022 G70’s unique factor with special color combinations in launch edition version. It will possess G70’s upgrade engine—a twin-turbo 3.3-liter V-6 365 horsepower that will be limited to 500 units. The model will be either rear-drive or all-wheel drive.

The G70 was unveiled a few months ago in the year 2020, but Genesis has remained tight-lipped about the US-spec model. This is beginning to change, as the automaker has secretly unveiled a reservation configurator that reveals a slew of information about the upcoming sedan.

The new G70 will allow its customers to choose from 14 exterior colors, including Bond Silver, Tasman Blue, non-matte Verbier White, Sedona Brown, Melbourne Grey and many others. The redesigned G70 comes with a wider 10.25-inch infotainment system and a Genesis-exclusive user interface. Moreover, Apple CarPlay and Android Auto are standard, and the infotainment system supports over-the-air updates through a Wi-Fi option. It has a red and black leather interior and 19-inch black wheels. Both Genesis G70 models for 2022 have been modified to include the newer design language that was first used on the GV80 SUV and G80 sedan. A new larger touchscreen infotainment device and a few new features are available on the inside.

The prices has not been released yet, but as per reports it has been anticipated a slight increase over the current model, which initiates at USD 37,025 and rise up to USD 49,225 for a 3.3T AWD. Genesis is now taking reservations for the 2022 G70, including the Launch Edition, on its website, with the cars expected to arrive in the United States this spring.

The refreshed Genesis G70 was unveiled for the Korean market about a few months ago. The two-line approach in styling – seen on both the G80 sedan and the GV80 SUV, is key component of the updated Athletic Elegance design language.

The 2022 Genesis G70 will be available in the United States in the second quarter of 2021, but American buyers will have the option of purchasing a limited-run Launch Edition that elevates the G70’s design in the line-up. If you’re looking for a high-end Korean sedan, the company has now opened reservations.

According to the reports, Genesis stated that the matte paint would in-itself glorify the model’s shape as it is installed with 19-inch multi-spoke light weight alloy wheels.

The cabin theme, which will be a mix of Obsidian Black and Sevilla Red, is another exclusive feature of the G70. Only a twin-turbo 3.3-liter V6 will be available in the 2022 G70 Launch Edition.

Although power figures have yet to be revealed, it will most likely produce the same 365 horsepower i.e. 272 kilowatts and 376 pound-feet i.e. 510 Newton-meters of torque as the pre-facelift model, mated to an 8-speed automatic transmission sent to either the rear wheels or all four corners. Although, the company has revealed more than expected about its launch edition, yet its prices are not disclosed but expected to be soon. As mentioned above, with only 500 units in manufacturing the company is making an unofficial statement that the car would be a limited edition.

The Sport Prestige package, which includes electronically controlled suspension, a limited slip differential, Brembo brakes, and a variable exhaust valve system, is carried over to the G70 3.3T Launch Edition. A head-up display, surround-view camera system, blind-spot tracking, a Lexicon 15-speaker sound system, Genesis Digital Key, and other features are included in the technology.

The Genesis G70’s revised styling, that is focused on the design language we first saw on the all-new GV80 SUV, is well-represented by the matte paint. The signature quad headlamps, a transformed signature crest grill installed lower on the front as well as new split-style LED taillights are all part of this package.

The G70 3.3T Sport Prestige trim level features Nappa leather seats, a microfiber suede headliner, as well as a leather steering wheel. A Brembo braking system, a limited-slip diff, and adjustable suspension are also included in the model.

Moreover, Smart Cruise Control with Stop & Go, Highway Driving Assist, Lane Keeping Assist, and Lane Following Assist are among the driver assistance systems that will be standard. Blind-Spot Collision-Avoidance Assist, Rear Cross-Traffic Collision-Avoidance Assist, and Safe Exit Warning are also available. Many are curious as well as excited for this new version.

A Glimpse into 2021 Bugatti Chiron Pur Sport

The Bugatti Chiron has always proved itself to be reliable, eye-catching and most importantly fast. But, the new Bugatti Chiron Pur Sport is more than just any Chiron. The new roaring machine is the raw-nerve version of 1479 horse power Bugatti’s flagship. It is said to be more efficient and direct as compared to Chiron and Chiron Sport.

This USD 3.6 million Pur Sport shows its difference from less versions of Chirons. The new Bugatti has pretty large air-intakes through its unique design with extended front splitter. The grille in front of horseshoe-shaped that apparently is wider as compared, new air extractors are been installed at the tops of the front fenders. Whereas, an intimidating massive diffuser is implemented at back with a titanium exhaust outlet which is quite exceptional. It could be slower but can also be quicker with its horse-power.

Even when viewed from space, every Chiron makes a point. However, there are several elements in the Pur Sport that seem to be out of sync. The first is the rear wing, which looks quite appealing. Maybe it’s because the owner’s security detail can monitor the car from a helicopter without getting confused. Bugatti wants every buyer to be satisfied with this $3.6 million automobile, of which only 60 will be produced.

Within the Pur Sport, the Sport’s comparatively luxurious seats are replaced by smaller one with carbon-fiber shells. The steering wheel is covered in Alcantara, machined aluminium parts on the centre dial controls have been replaced with flat-black trim, and a slash of red leather on the dash adds a distracting reflection in the windshield.

The interior is still all carbon fibre and supple leather that’s almost erotically satisfying to stroke. There’s still no touchscreen, the instrumentation looks analogue, moreover while the reverse gear is activated, and one of the panels becomes a rearview camera.

The Pur Sport trims about 110 pounds from the Chiron’s curb weight by removing the regular car’s complex electro-hydraulic wing and some sound insulation, as well as installing thinner seats. However, when the Chiron Sport we previously checked weighed 4544 pounds, the diet only goes so far. The weight loss actually results in a quieter mechanical symphony in the cockpit. But the beauty of driving any premium automobile is the roar that engine makes, here it might be down face for some buyers.

As the seven-speed dual-clutch automatic transmission triggers, the car’s entire structure appears to tense up and prepare to pounce. The Pur Sport, on the other hand, moved out into busy traffic like a friendly pedestrians when we toed into the throttle. What’s most remarkable about the Pur Sport, as with other Chirons, is how peaceful it is when puttering around town, particularly for a car with so much performance potential and so much strength. While luggage capacity is reduced, this is a machine that can be used every day without causing any drama other than its celebrity status. It’s such a regal car that sharing the road with Lamborghinis and Ferraris makes it feel a little embarrassing. It’s a vehicle that deserves its own lane on any given route.

The Pur Sport’s aerodynamic modifications, according to Bugatti, add considerable downforce at high speeds. There are several mechanical upgrades, such as Michelin Pilot Sport Cup 2 R tyres mounted on “carbon blade” magnesium wheels that are approximately nine pounds lighter than the aluminium wheels they replace, as well as a stiffer suspension with increased front wheel camber.

In comparison to lesser Chirons, the suspension is 65 percent firmer in the front and 33 percent stiffer in the back. The real stars, though, are the tyres. The 2 Rs are more powerful and have a softer compound than the Sport Cup 2s on the Chiron Sport, so they respond to steering inputs much faster.

On a long ride, the tyres’ deeper tread roar may be annoying, but it’s all part of the show on shorter trips. The Pur Sport’s power steering has been slightly revamped, resulting in a quicker and more confident turn-in response.

The Pur Sport’s gear ratios have also been revised, bringing the average spread 15 percent closer together than in other Chirons. When you accelerate, you’ll notice that the changes happen a little faster and the engine’s revs barely drop in them. It also means that the Pur Sport’s top speed is just 217 mph, which is still insanely fast but falls short of the Sport model’s claimed 261 mph.

Although the Pur Sport’s terminal velocity is lower than its less powerful siblings, its acceleration is likely to be faster. The loss in the weight, combined with the new gearing, might shave a tenth of a second off the Chiron Sport’s remarkable 2.4-second 60-mph time in test.

The Pur Sport, like any other Bugatti Chiron, is incredibly extravagant. Let me give some cost-no-object advice in selecting the best Chiron configuration for you, as one of the few people on Earth who has powered both the Sport and Pur Sport.

Choose the traditional machine-finished dash controls first. Second, miss the centre console’s distracting contrasting-color feature in favour of the Pur Sport’s punctured-leather dash covering. And don’t settle for rubber-covered pedals; machined metal pedals are the way to go. Finally, pay attention to the Pur Sport’s suspension and tires. They make the car more fun and entertaining at usable speeds on public roads, even if the ride is a little noisy and firmer as a result. The big wing is entirely up to the desired buyer.

‘DATA’ the Asset None Talk About

‘Data’ is and always be the key aspect of every organization. Currently, every industry is depended on the data, whether it could be information about the company or the personal information of consumers. Thus, making it a necessity to be protected from any sort of external breach. Be it an IT sector or any, the data itself is known as the oil for the business and must be considered as one.

The year 2020 was the one, where people were forced to stay inside amid COVID-19 pandemic. It was a silent chaos effecting many lives, resulting in social tension and political unrest. Along with this, one more issue emerged creating a lively tension in sphere of cyber security. Last year a Texas-based mid-size company SolarWinds faced hacking dilemma in its update, where a malicious program hidden inside the new update which apparently was Trojan horse enabled the accessibility in company’s data. It led hackers to interfere with petabytes of almost 18,000 private companies, including government sectors.

You must be thinking why SolarWinds has raised so much concern in the industry. Recently a similar attacked was witnessed in the biggest software development company Microsoft’ mail systems, the motive of attack was to gain access to the consumer’s activity to steal the data of various businesses. Due to such attack, Microsoft has issued an emergency patch which is closely tracked by the U.S. Government, as the chance of similar malicious activity could be experience in future. This emphasizes over the fact that every C-suite executive must indulge themselves in creating cybers strategies as these sort of hacks could led to substantial loses to the company as well as to its users.

Data improves the quality of people’s lives; an effective data-base system enables very company to improve people’s lives quality. The data allows various companies to measure the possible efficiency of any desired strategy. These strategies helps one and his/her company to tackles the challenges, this data allows C-level executives to design a strategy by taking data as a reference. Moreover, the data helps to determine the problem, and allow leaders to come up with reliable solutions to it. The reference-data can be tallied with to the current situation which will allow to generate more specific and accurate theories.

If a company decides to invest their time and assets in an innovation, there the data plays an important part. This data analysis will allow company to look into its efficiency of the innovation such as high-performing programs and requirements of the users. One’s organization might have needed data and also the expertise one require for its analysis.

As a say, ‘modern problems need modern solution’, the importance of implicating cyber security in the organization will help to tackle such digital attacks. It has been seen that many budding start-ups or mid-size level companies are focused on creating more business than adapting a reliable security model. But, they must understand, as collecting and storing data is important so is its protection. After such instances, we can say that the upcoming leaders will be focusing on cyber security.

In the business world the cyber is considered as the secondary in term of importance factor followed by the managing or storing data and development. As highlighted above, the data is the oil which will and is driving the business to its utmost stature. The reports suggests that IDC forecasts that the universal data will almost be 175 zettabytes—1 zettabyte is one trillion gigabytes in the year 2025. A different forecast by a different entity also suggests that in next five years the market value addition of cyber security sector will be USD 100 billion which will make the total market value USD 280 dollar.

Moreover, if seen in detailed the data is continuously created with every search, post, like, comment, the time spent by user on the site, errors, IoT tracking data, conversion rates and other, which are managed and monitored for better user experience. We are surrounded by data ingesting tool in the form of mobile phones, computers, cloud-based IoTs and also phone linked smartphones, this products are mostly made by the large conglomerates. Hence, the responsibility falls upon these big companies to keep such data secured, protected and breach ridden. Upcoming gen of IT start-ups might harness this data in creating Artificial Intelligence model for making the lives of people easier.

Automation for 2021 | Implementing Automation Technology

The year 2021 is to be considered as the year of Automation, here’s why. The COVID-19 pandemic leads to nation-wide lockdowns in almost every affected country making employees work from home. And this ‘work from home’ model is being accepted by every industry out there. But not all enterprises can experience such a boon as many are subjected to manufacturing and supply chain industry. Thus, various industries are comprehending the importance of implementation of new advancements for businesses to function efficiently. These technologies have had been utilized by many enterprises as it promises a secure business structure and help in cost-cutting without disrupting the production or efficiency.

Currently, numerous organizations are harnessing Automation to robustly refine the customer experience, whilst its digital benefits can be useful in other services through optimization. More than competition, the company is always more concerned about adjusting their market dynamics as per the customers’ expectations are need. Through automation, every enterprise can make up their losses and gain more growth if taken transition to automation as early as possible. As per the World Economic Forum, almost more than 80 percent of C-level executives are planning to digitize their organizational processes and deploy new advancements. Meanwhile, other substantial working executives plan to integrate some new process which goes handily with the automation in their factories. Meanwhile, it is also been said that automation can be seen in various others sectors such as cybersecurity and even retail.

Artificial Intelligence (AI), you might have come across this concept many times, then should understand that many industries are trying to implement in their process as it’s the future. Once said “Internet is the new big thing” for Internet by Microsoft Founder Bill Gates, we can say that Artificial Intelligence is the new big thing. AI gives system the power to make decisions as per the situations without any manual interference, resulting in the eradication of human error. Along with this there are also various leading technologies such as Machine Learning (ML), cloud services, IoT are accelerating automation such as robotics to Virtual Reality (VR) and Augmented Reality (AR) for businesses in such industries. Thus industries like automobile, healthcare, aerospace, as well as in financial services are harnessing this automation for greater stature in the future.

Like discussed earlier, these technologies helps an organization to be more decisive and virtually helps the processes such as customer experiences. Be it end-user, middlemen, along the supply chain or even retailer, many well-developed organizations are investing in infrastructures to be a cloud-based model, as it helps in managing the data and also can be compatible with the new plausible operations.

Let us first understand the significance of cloud-based infrastructure in an organization. Data is one of the core aspect of any business, and its maintenance should not be neglected. Being the critical need, data provides a base foundation for every digital services, including AI and deep neutral networks, machine learning and more. These data-driven digital services holds algorithmic-based operations. Therefore, various companies and organizations are taking help of new technologies for their data storages, as computing cannot keep up with continuous increase of information or data. This leads the data piling up in the storages asking for more compound solutions, making it difficult for any enterprise to move from traditional to fully relying on the innovations and news solutions.

Thus many industries are partnering with various cloud-based platforms which have reliable cloud architecture. This cloud technology platforms are leveraging these industrial manufacturers to be more innovation-driven to a better growth.

This new wave of technology has taken over the interest of manufacturers that will apparently disrupt the way of traditional businesses. Such a change has occurred by bringing virtually data in reality. Automation and Virtual technologies are significantly playing a major role in the on-going digital transformation. Implementing cloud-based technology is best way to rocket boost any business to an uplifted stature. The organizations that are and will be taking initiatives to harness these sort of technologies are the one that will disrupt the traditional methods and create a new growth without hampering the innovation spectrum. The business world is continuously growing and so must one. Adapting and implementing new technologies and methods such as automation has always proven to be good.

Top 10 Richest Person across the Globe | Richest Business Tycoons

Ever since the Fourth Industrial Revolution came into the picture, the businesses have taken off to unimaginable statures. Though the world has to face the unfortunate situations amid COVID-19 pandemic, yet the businesses have rocket-boosted. Many instances such as Apple crossing 1 trillion USD mark, Jeff Bezos crossing the 100 billion USD range and the Elon Musk becoming richest man in the world even for the short period. This article is not about the businesses, but about the business tycoons who made this revolution possible. Here are the top 10 business tycoons to follow:

Jeff Bezos

Net Worth-USD 193.4 billion

Founder of the biggest e-commerce company—Amazon, and Chief Executive Officer of the same Jeff Bezos has total assets are estimated to be USD 193.4 billion. He is the most influential entity in the business world. Though his separation with his companion in the year 2019 has taken away the one fourth of his Amazon stakes to her. He started the company in the 1994 and since then his journey has been exceptional and inspiring for many budding entrepreneurs and business individuals. This pandemic may brought many heckles to various businesses but it has brought blooms to Amazon, as numerous consumers shopped on the online.

Elon Musk

Net Worth- USD 171.6 billion

This multi-billionaire entrepreneur cum investor, Elon Musk is on the verge to make a dent in the universe by its exceptional projects. His focus is to create a transformation in the transportation both on Earth and space. He founded SpaceX with an aim to colonize Mars, and stretching the limits of human race. This rocket organization is projected to be worth around USD 100 billion. Whereas, his baby project Tesla electric cars has become one of the largest automation company with market capitalization of USD 342 billion.

In the month of January, 2021, he became the richest man in the world taking over Jeff Bezos, but soon, due to loss in Tesla shares recently he fell to second rank.

Bernard Arnault & Family

Net Worth—USD 155.1 billion

Bernard Arnault, the Chief Executive Officer and Chairman of LVMH—France stands third with the estimated net worth of USD 155.1 billion; which extends his total assets dividing in various domain which includes total 70 brands especially Louis Vuitton and Sephora. With less media appearances, Bernard has acquired around USD 100 billion in the year 2020.

Bill Gates

Net Worth– USD 123.2 billion

Internet is the new big things.” With quoting such a statement Bill Gates did predicted the tech future. He stayed one of the richest person in the world for almost a decade straight. Currently, with an estimated amount of USD 123.2 billion, Bill ranks number fourth in the world. His Bill and Melinda Gates Foundation is one of the world’s biggest private helping hand foundation. With his partner Paul Allen, Bill Gates started the biggest software company, Microsoft, which earned exceptional success, one can ever desire for. He also held shares in Apple Inc.

Mark Zuckerberg

Net Worth– USD 98.5 billion

With an estimation of USD 98.5 billion, Mark Zuckerberg, the Chief Executive Officer and director of Facebook ranks number fifth in the race of richest business tycoons in the world. He possess 15 percent stakes in the company Facebook. He is the youngest in this list of richest business tycoons. With keen acquiring strategy, Mark acquired two most successful social media company in the last decade that are Whatsapp and Instagram. These two apps have helped the Facebook in achieving various recognition and benefits for the company. His creation Facebook helped robustly in bringing people together transforming the definition of being social.

Zhong Shanshan

Net Worth—USD 94.8 billion

Being the richest person in the China, Zhong Shanshan estimated to be worth of USD 94.8 billion making him sixth richest business tycoon in the world. He is the Chairman of a pharmaceutical company, Wantai. Moreover, prior to creating his own business Nongfu Spring, he took various jobs like development laborer as well as journalist.

Warren Buffet

Net Worth – USD 92.4 billion

Warren Buffet, one of the most respectable entity in the share market, also known as the Oracle of Omaha. His net worth is estimated to be USD 92.4 billion making him seventh richest person in the world. Warren owns Berkshire Hathaway which includes around 60 organizations. He purchased his first stock at 11 years old, and today he ranks between top 10 richest business tycoons across world.

Larry Page

Net Worth – USD 91.6 billion

Larry Page one of the benefactor of Google, is estimated to have net worth USD 91.6 billion, making him eighth richest person and securing a place in the top 10 business tycoons across world. He has invested in many organizations such as Planetary Resources—a space investigation organization, as well as in new businesses Kitty Hawk and Opener, and many more.

Sergey Brin

Net Worth – USD 88.8 billion

Being a crucial part of Alphabet and board of the committee, Sergey Brin is estimated to have net worth of USD 88.8 billion making him one of the top 10 business tycoons across the globe. Along with Larry Page, in 1998, Sergey started Google which is the biggest search engine out there. The company later on became a part of Alphabet in the year 2015.

Larry Ellison

Net Worth – USD 86.6 billion

Larry Ellison made a fortune from the company Oracle, which he with other colleague started in the year 1977. His net worth stands to be USD 86.6 billion which makes in this list of exceptional business tycoons. In the year 2014, he left the position as the Chief Executive Officer of Oracle. Whereas, he works as a Director of the board in the same company. He also holds a position as the leading member of Tesla, whose stocks are continuously rising with some backlashes.

Why more Women Entrepreneurs should consider investing?

Women have been breaking the glass ceiling in all walks of life, especially the business world. According to research, now women are in charge of four out of 10 businesses in the U.S., and the number of businesses owned by women’s own has gone up by 114 percent in reference to the data acquired twenty years ago. Of course, they are in no mood to slow down and more and more women are going to college and educating themselves, and becoming the prime breadwinner in their respective families. 

In spite of all the progress women are making in the right direction, they still struggle in terms of management of cash and especially investing, compared to their counterparts. According to a popular business magazine, women are far behind men when it comes to financial literacy tests and they also tend to invest 40 percent less in comparison with men. Though women are considered great with saving as they save 9 percent of their salary, while on the other hand men save only 8.6 percent. But when women were asked what they would do if they were handed $1,000, and the immediate response was that they were 35 percent less likely to invest the money when compared to men.

Even though women entrepreneurs run business excellently and are great at money-saving. They have a hard time understanding the importance of investing – even at the cost of taking some risks. In order to help women invest more, there are tons of online investing platform made for women, that has taken an initiative to bring the change by providing the required guidance and mentoring needed to handle those risks successfully. 

Why investing can be difficult for women entrepreneurs?

Women entrepreneurs have higher chances of gaining more personal and business capital through investing. They can also advance their savings and secure their financial future. For example, if they put their money into a traditional savings account, which will build upon average only about .01 percent to .06 percent a year in interest, whereas, comparing that to the stock market, where one can get historical returns of 10 percent and the window to gain quarterly dividends. So if they are putting $1,000 into a savings account and gaining .05 percent interest, they would be getting $5 in interest over the course of a year. But, if they put it into the stock market, then they can potentially get a 10 percent return, and eventually, they’ll make $100 that year. 

But how to actually get started? 

Associating with online investing platforms will definitely help in creating and managing their personalized portfolios. The investment algorithm will weigh crucial factors in women’s lives such as career breaks, pay gaps, and longer lifespans, and decide with their financial planners.

Women entrepreneurs might find it intimidating, as they have never bought a stock share but now have a desire to get into bonds and real estate but don’t know-how. But with the help of proper guidance, they can start investing in a diversified portfolio easily and begin to boost their financial future.

Empowering Women

Why Empowering Women is Beneficial For Society

When human beings were living in the wild and society had not yet been established, there was a sense of equality between men and women. As societies developed all over the world, the status of women in these societies gradually reduced and women had very little or no power. This reduced their influence and almost made women the weaker citizens or secondary citizens in society as compared to their male counterparts. Systemic sexism, no control over their lives and destiny, physical and mental abuse and a lack of respect for women has been seen all over the world for thousands of years. But over the last few decades, women are finally but gradually getting more empowered and women’s empowerment is beneficial for the women in the society as well as the society in general.

Steps to Empower Women in the 21st Century

  • The circumstance of one woman is very different from another but women’s empowerment is a global concept and some countries are doing better on this score than others. 
  • Some basic methods and steps are needed in most societies to empower women. Education is the basic step to empower women as an educated woman can earn a living and also know her fundamental rights.
  • Access to food and clean drinking water is an essential step and in some countries, access to sanitary toilets is also essential. 
  • It is essential to make people understand that young girls have to be treated equally at home and in society. Encouraging them to work towards a fulfilling and achievement- oriented life is important.
  • Improved access to healthcare, ability to work and earn money, protections from physical and mental abuse at home and in the workplace, and just giving respect to women is important.
  • The access to police protection and also a just and fair rule of law in society helps in women empowerment. The rights to vote, elimination of practices like child marriage, and better inheritance laws for women are all important steps toward women’s empowerment. In some cases, reservation for women in politics, in employment and education helps in the empowerment of women.

Benefits of Women’s Empowerment

The main benefit of women’s empowerment is the upliftment for women and equality in society all over the world. Women are half of the population on the planet and it is important culturally and economically for women to contribute to society. The steps of women empowerment mentioned above, protect women, give them a sense of equality and achievement and also make them more valuable members of society. Braking through barriers make women more independent and more confident, this makes it beneficial for society. Women are good at making a decision, calmly reacting to situations, solving problems and encouraging women to study or work in non-traditional fields like politics and science is a great idea.

The benefits to women and society of empowering women are limitless. It is a smart choice to make society more just, equal and one that encourages and respects women. It is a gradual process and the world is changing in this aspect one day at a time.

The few challenges faced by women entrepreneurs

Women entrepreneurs represent one of the best business leaders in the world has ever seen. Entrepreneurship, once considered a man’s world, has slowly changed. Despite progress, women continue to face challenges. Fear of failure, lack of security and difficulties in obtaining financing are some of the obstacles that women entrepreneurs tend to face over their male counterparts,

Harmonize company and family

Women entrepreneurs are often torn between commitment to family and business. The foundations on which the foundations of the family are built are provided by women. Furthermore, they have grown up in a culture that expects them to always fill a variety of roles.

All aspects of life increase and decrease depending on where our energy is invested. Hard work, sacrifice, and determination are the keys to harmonizing facets in life. Create realistic expectations and come to terms with the fact that no one should do everything.

Humility vs. pride

If something goes wrong, women are likely to blame themselves for causing the mistake, while men blame external forces or luck. When something goes well, women attribute it to luck, while men see it as a confirmation of their abilities. Women need a mindset shift to reframe mistakes as feedback and an opportunity to grow.

Women need to show off more

For centuries, women have fought for recognition of their achievements. Having the confidence to promote yourself and acknowledge your successes without fear of how others will perceive you is mandatory.

One of the best ways to grow and build your company is to take advantage of your achievements and translate them into job offers. Integrate your “successful self” into business to lead the way for other women to follow your example.

Sharing experiences is another inspirational way for women to connect and be mentors. Successful women entrepreneurs must allow themselves to shine.

Convince them to invest in you

Women continue to have more difficulties than men in obtaining financing. Recent research revealed that women entrepreneurs open companies with 50 percent less capital than men.

Venture investors tend to invest in men for their potential. Instead, women are judged on their current performance. Harvard Business Review recently published that women entrepreneurs who highlight the social impact of their ventures generate more positive perceptions. When looking for financing, be prepared to clearly explain how you want your business to look in five years, how your mission will change the landscape of your industry, and your earning potential.

In simple words, several organizations actively support diverse business visions by offering loans and financial assistance for working capital. For example, Indigenous women’s entrepreneur program exist to specifically aid Indigenous women in starting and expanding their businesses. Such initiatives provide financial backing and offer valuable guidance and resources tailored to empower Indigenous entrepreneurship.

Raise the goal

Women underestimate what they can achieve. Many women start their businesses as a hobby to make some extra money without taking a lot of risk. If you have bigger dreams, it is imperative to have a clear perspective and long-term goals to direct your efforts to get what you want. Create a support network around you, celebrate progress toward goals, and continue to grow and expand your thinking.

Believe in themselves

Women are prone to putting themselves down and not trusting themselves to be successful. The 2016 BNP Paribas Global Entrepreneurship Report revealed that women are more ambitious and successful than their male counterparts when it comes to business. Catalyst found that companies with the highest representation of women in senior management consistently experienced better financial performance than the group of companies with the lowest.

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