The post Top Companies with Biggest Market Cap in 2023 appeared first on Industry Leaders Magazine.
]]>A company’s market cap or market value is calculated by multiplying the total number of its shares outstanding by the current market price of a single share.
The majority of the companies making up the top 10 market cap ranking generate hundreds of billions of dollars in annual revenue. However, there are a few that generate less than $100 billion in annual revenue, suggesting that investors are optimistic about the potential growth of these companies compared to the others on the list.
Apple is the largest company in the world, with a market cap of $2.54 trillion. It’s followed by Microsoft ($2.09 trillion), Saudi Arabian Oil ($1.88 trillion), Alphabet ($1.35 trillion), and Amazon ($1.01 trillion).
In 2018, Apple became the first company to reach a market capitalization of $1 trillion. Although the top spot has changed frequently, Apple has spent the most time there and is currently the most valuable company in the world.
Read on to see the biggest companies by market cap ranking and where they stand as of March 2023.
Market cap: $2.54 trillion
Revenue: $387.54 billion
Gross profit: $166.87 billion
Five-year annualized return: 31.15%
Year founded: 1976
Tech giant Apple (NASDAQ:AAPL) is proof of how far high-quality products and strong brand loyalty can go. It also holds the distinction of being the first company to hit market caps of $1 trillion, $2 trillion, and $3 trillion.
Market cap: $2.09 trillion
Revenue: $204.09 billion
Gross profit: $139.11 billion
Five-year annualized return: 26.30%
Year founded: 1975
Considering the popularity of the Windows operating system, it’s no surprise that Microsoft (NASDAQ:MSFT) has consistently ranked as one of the largest companies in the world. “More than 70% of computers use Windows”, according to Statcounter.
Microsoft has been the world’s largest company before, and it briefly passed rival Apple for the biggest market cap in 2021. However, Apple reclaimed the top spot a month later.
Market cap: $1.88 trillion*
Revenue: $604.36 billion*
Gross profit: $354.09 billion*
Year founded: 1933
Saudi Arabian Oil, also known as Saudi Aramco, is an energy and chemicals company. Owned by the Saudi Arabian government, it has the largest daily oil production and the second-largest proven crude oil reserves of all oil companies.
Market cap: $1.35 trillion
Revenue: $280.88 billion
Gross profit: $154.67 billion
Five-year annualized return: 15.47%
Year founded: 1998 (Google), 2015 (Alphabet)
Alphabet (NASDAQ:GOOGL) is the holding company created through a restructuring of Google in 2015. Of course, Google is most well-known as a search engine, becoming so famous that the name alone is synonymous with online searches. That’s just one of its many widely used products, which also include email service Gmail, video site YouTube, navigation apps Waze and Maps, and Pixel smartphones.
Market cap: $1.01 trillion
Revenue: $513.98 billion
Gross profit: $225.15 billion
Five-year annualized return: 5.58%
Year founded: 1994
E-commerce giant Amazon (NASDAQ:AMZN) started out as an online bookstore. It’s now the site where you can buy practically anything, and it’s the largest online retailer in the world. Its Amazon Prime service has more than 200 million users worldwide. It’s also the largest cloud provider in the world with Amazon Web Services. Amazon also owns the Whole Foods Market grocery chain.
Market cap: $663.66 billion
Revenue: $302.09 billion
Gross profit: $59.32 billion
Five-year annualized return: 9.42%
Year founded: 1839
Berkshire Hathaway (NYSE:BRK.A) is a textile company now known for its ties to legendary investor Warren Buffett. He began investing in Berkshire in 1962, and, in 1965, he took majority control. Buffett has acted as chairman and CEO since then and converted Berkshire to a holding company in 1970. While its main business is insurance, Berkshire has also invested in companies across a range of industries.
Market cap: $661.44 billion
Revenue: $26.97 billion
Gross profit: $15.36 billion
Five-year annualized return: 35.63%
Year founded: 1993
Nvidia (NASDAQ:NVDA) is a tech company that develops and manufactures graphics processing units originally used for PC graphics and video games. In past years, Nvidia’s GPUs have become widely used for mining cryptocurrency. Nvidia has also branched out into AI hardware and software.
Market cap: $602.48 billion
Revenue: $81.46 billion
Gross profit: $20.85 billion
Five-year annualized return: 56.70%
Year founded: 2003
Tesla (NASDAQ:TSLA) is the most popular electric automaker in the county. In less than two decades, it has become the most valuable automaker in the world and the manufacturer of the most sold electric car, the Model 3.
Market cap: $534.13 billion
Revenue: $116.61 billion
Gross profit: $92.82 billion
Five-year annualized return: 5.26%
Year founded: 2004
Meta’s (NASDAQ:META) products are its social networks, Facebook, and Instagram. It also owns WhatsApp and Messenger, and it has expanded into virtual reality with its Meta Quest 2 and its acquisition of Oculus. Meta makes the vast majority of its money from advertising, which accounted for a whopping 97.5% of its revenue in 2022.
Market cap: $481.26 billion
Revenue: $75.78 billion
Gross profit: $44.00 billion
Five-year annualized return: 16.84%
Year founded: 1987
A leader in semiconductor manufacturing Taiwan Semiconductor Manufacturing (NYSE:TSM) is Taiwan’s most valuable company. It works with many of the leading global technology companies, including Apple and Nvidia.
Market cap: $457.30 billion
Revenue: $82.42 billion
Gross profit: $34.39 billion
Five-year annualized return: -1.79%
Year founded: 1998
Tencent (OTC:TCEHY) is an internet and technology company, and it’s the most valuable publicly traded company in China. It’s known for its communication services, including the WeChat app, as well as for publishing video games and other digital content.
Market cap: $455.22 billion
Revenue: $30.19 billion
Gross profit: $23.36 billion
Five-year annualized return: 13.55%
Year founded: 1958
Visa (NYSE:V) is the most widespread payment network in the world, and it processes transactions for prepaid cards, debit cards, and credit cards. It processed 192.5 billion transactions in 2022 across 160 currencies, for a total of $11.6 trillion in payments volume.
Market cap: $444.88 billion
Revenue: $83.14 billion
Gross profit: $56.91 billion
Five-year annualized return: 24.32%
Year founded: 1987
LVMH (OTC:LVMHF), a holding company whose headquarter is in Paris, focuses on luxury goods across various industries, including wine and spirits, fashion, perfume and jewelry. It owns many high-end brands, with some big names including Tiffany, Dior, Moët & Chandon, Louis Vuitton, and Bulgari.
Market cap: $444.03 billion
Revenue: $324.16 billion
Gross profit: $79.62 billion
Five-year annualized return: 17.48%
Year founded: 1977
UnitedHealth Group (NYSE:UNH) is a healthcare and insurance company. It’s main businesses being UnitedHealthcare and Optum.
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]]>The post Five Eco-friendly Tour Destinations to Fill up Your Bucket List appeared first on Industry Leaders Magazine.
]]>Travelers who care about natural preservation will enjoy traveling to Galapagos Islands due to the numerous species living here and no place on the planet. National parks own a large percentage of land on these islands. To preserve the islands in immaculate condition, the quantity of tourists is reduced. The Galapagos is a UNESCO World Heritage Site and a place favored with the best of what nature brings to the table. The tour operators at the island demand feasible practices and safeguard the normal environment of the site. Sustainable tours and adventures in this area of the planet make the experience such a great deal better.
Borneo is considered one of the places for vacation worldwide; It is the third biggest island on the planet. The biodiversity of the district is not confidential in the movement world. Go climbing up Mount Kinabalu, take a boat ride in Selingan Turtle Island, and investigate a scope of different choices.
Borneo is also a biodiverse region brimming with reefs and creature species needing safeguarding. The island focuses on eco-friendly services and sustainability through the offered tours. Some adventures that you can have and feel great about incorporate scuba diving, climbing, and swimming. It would help if you did your findings before traveling to pick a mindful tour guard that supports the security of normal untamed life. There is a lot to be investigated in this great objective and much to be capable of. While here, don’t miss communicating with the local neighborhood area. Their practices and customs are just like plants and animals occupying the spot.
The jungles and monsoon forests of Vietnam are diverse ecosystems with unique wildlife. For sustainable tours at a reasonable cost, consider arranging your next eco-adventure to Vietnam. This is a great objective in Asia for trekking and climbing, as well as investigating the public parks, tidal ponds, and great food scene. Spots to visit here incorporate Ba Be National Park, Phong Nha-Ke Bang National Park, and Cat Ba National Park. Tour guards here consider maintainability and orchestrate trekking and cycling visits to assist you with encountering these scenes for yourself. Trekking is a well-known action here, especially in the mountains of Sapa and the primitive stage of Cuc Phuong National Park. For a more metropolitan break, take a direct food visit through Ho Chi Minh City, trying to press in visits to the famous Hoi Truong Thong Nhat castle and the unpredictably decorated Emperor Jade Pagoda.
Iceland, the island of fire and ice, has become one of the best places to go for vacation, with thrill-chasing explorers, yet in addition, nature darlings searching for something other than what’s expected. Explorers can likewise design an outing to Iceland and focus on eco-the tourism. This delightful and popular destination with icy masses, cascades, natural aquifers, and other noteworthy scenes. The environment changes between various pieces of the island. Considering everything, the south coast is hotter, wetter, and windier than the north. The Central Highlands are the coldest piece of the country. Low-lying inland regions in the north are the aridest part. Snowfall in winter is more normal in the north than in the south. The nation utilizes bunches of geothermal and hydro energy to drive its power and fill in to illustrate the remainder of the world. It’s not difficult to carry on with an eco-accommodating way of life when you’re in Iceland, given the climbing, trekking, and horseback riding amazing open doors that you can pick over driving a rental vehicle.
This African country is honored with normal abundance. Kenya —the name is practically inseparable from “safari.” Few different puts summon such a feeling of experience and sentiment. The variety of activities in Kenya amazes all who visit and review the country’s plentiful wildlife best the rundown. The main part is-it has safeguarded its normal abundance with power and enthusiasm. Wildlife safaris of Kenya are known to each energetic explorer. Take a safari through the rich stores of Kenya, be enchanted by wildlife, and partake in the normal magnificence of the spot. A Kenya visit can be a very improving experience.
According to www.planet is.com these are the top 15 rated tourist attractions in Kenya are:-
Eco-friendly tourism is the most effective way to enjoy and appreciate nature, culture, and nearby society. The time has come to be a nature darling, and visit is the recorded, wonderful, and unique eco-friendly locations as it isn’t sure when the world will lose its excellence.
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]]>The post World’s Billionaires List: The Richest in 2021 appeared first on Industry Leaders Magazine.
]]>Forbes billionaire list is here to answer the question “Who is the richest person in the world?” In this article, you will find out more about the world’s billionaires and their impact on modern business.
Elon Musk is the richest man in the world with a net worth of $278 billion. He has had experiences with different companies and startups. He left Stanford University to create a company called Zip2. This was one of the earliest navigation services. After this venture, Musk created the business around X.com, which later became PayPal. Both companies were sold to other businesspersons. Musk is the CEO of Space Exploration Technologies (SpaceX), Tesla Motors (now Tesla), Neuralink, and The Boring Company.
Jeff Bezos is the founder of Amazon and he started this business in a garage while selling books. Later on, the company grew and Amazon now sells all kinds of goods. In 2020, the company shares were up 76% thanks to the sales during the Corona crisis. Bezos is also an owner of Blue Origin and The Washington Post.
Bernard Arnault is the CEO of LVMH, the luxury goods company that gathers some of the most recognizable brands like Louis Vuitton, Sephora, Marc Jacobs, and Hennessey. Arnault’s wealth of $170 billion largely comes from his stake in Christian Dior SE. This holding company controls 41.2% of LVMH.
Bill Gates is one of the real time billionaires that shares his wealth with philanthropic organizations. He has $137 billion in net worth and he is the founder of Microsoft. He founded the company in 1975 when he was at Harvard University.
As one of Google’s founders, Larry Page started his first company in his dorm room while attending Stanford University. This first invention was dedicated to analyzing backlinks in search engines. Later on, Larry Page founded Google in 1998 with his friend Sergey Brin. Google is a subsidiary of Alphabet, which is a holding company.
Sergey Brin is close to his business partner Larry Page when it comes to net wealth. Brin was a co-founder of Google and he served as co-president from 1998 to 2001. Later on, after founding Alphabet, Sergey Brin was the company’s president from 2015 to 2019. Brin is also focused on other ventures that include innovative technologies and self-driving cars.
As a founder of Facebook, Mark Zuckerberg dropped out of Harvard University to focus entirely on the new business. Facebook is now Meta, and Zuckerberg is the CEO and chair of the company that had more than 2.9 billion users as of Q3 2021. Meta is a holding company that gathers Instagram, WhatsApp, Oculus, Portal, and Novi.
Steve Ballmer was an employee of Microsoft and he took the place of Bill Gates as the CEO in 2000. Ballmer was the CEO of Microsoft from 2000 until 2014. In 2011, he purchased Skype, and in 2014, Ballmer purchased the L.A. Clippers basketball team.
Larry Ellison worked as a computer programmer for several companies when he dropped out of the University of Chicago. Later on, he joined Precision instruments where he was the vice president. In 1977, Ellison founded Software Development Laboratories (SDL). The company later released Oracle. It was the first database program to utilize Structured Query Language. Ellison’s net worth is $109 billion.
As the CEO of Berkshire Hathaway, Warren Buffett is on the Forbes billionaire list. Berkshire Hathaway is a half-trillion-dollar company and Buffett made his fortune by buying shares of the relevant companies. He is also known for his philanthropic endeavors.
The wealthiest people in the world are rich and famous. They serve as role models for many people. They can change our lives and they continue to be important people in the governments, politics, and businesses around the world.
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]]>The post Revealed: The most expensive cities to own a house appeared first on Industry Leaders Magazine.
]]>The best places to buy an apartment are those that did not increase their prices drastically during the Corona crisis. In these places, you can still find an affordable apartment that you can live in.
Here is the list of the most expensive cities in the world when it comes to the correlation between the price of the apartment and the number of years that you need to spend working to buy an apartment.
Take a look at the list.
According to the Global Real Estate Bubble Index, the prices in the mentioned cities are the highest in the world, and they continue to increase as the global pandemic affects the markets.
When we consider the average cost for an apartment, we take into account the cost of an apartment per square meter. In Europe, there is the euro currency that people use for transactions. Therefore, we completed the list of the cities and the average cost of one square meter described in euros.
How much does it cost to buy an apartment?
When we take a look at the list above, we can see how expensive the European cities are. The situation with the rest of the cities on other continents is no different and you will pay a high price for an apartment whether you are in Hong Kong, Sidney, New York, or London.
The COVID-19 effects on the house markets are visible in every area of society. The pandemic benefited house prices, and governments invested trillions of dollars as support for businesses and workers.
At the same time, the officials banned repossessions and this helped the homeowners in the entire situation. In Britain, house prices surged 8.5% in 2020, and this is the highest annual growth since 2014. All of these are happening during the worst recession in the last three centuries.
In the UK, people are panic-buying properties and they believe the prices will go higher and higher. They do not want to miss the opportunity to get an apartment at a lower price. Since the market prices are constantly on the rise, the buyers are deciding to buy as soon as possible.
As you can see from the presented list, the average cost for an apartment is pretty high in the most important cities in the world. Only the lucky ones can afford to have one home or apartment in the center of the city and one in the city suburbs.
In this manner, people can save more and afford more quality of life. For most people, having at least one property in the city area is a dream that they want to turn into reality. That is why they save money for a long time to be able to afford the cost of buying an apartment.
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]]>The post The 10 Most Powerful Luxury Brands in the World appeared first on Industry Leaders Magazine.
]]>LVMH is the most luxurious brand in the world. The company owns over 70 prestigious brands, including Louis Vuitton, Dior, and Moët Hennessy. It’s no wonder that LVMH is at the top of this list. To stay its position as a top luxury brand afloat, LVMH has used a few key branding strategies. One such strategy is product differentiation. By offering unique products that can’t be found anywhere else, LVMH ensures customers will keep coming back for more.
Chanel is another luxury brand company that has maintained its position at the top of the food chain by using various branding strategies. One such strategy is creating an of timelessness. The Chanel brand has been around for over 100 years, and its products are still coveted by consumers worldwide. This is partly due to Chanel’s ability to stay current while retaining its classic look.
Another key strategy that Chanel uses is positioning itself as a high-end luxury brand. All of its products fall into the premium price range, which allows it to charge more than other brands without fear of being undercut. Additionally, Chanel invests heavily in marketing and advertising to maintain a strong presence in the minds of consumers.
Kering has made it to our list of the global Luxury group with world-renowned Houses in jewelry and watches: Gucci, Saint Laurent, Bottega Veneta, fashion, leather goods, Balenciaga. Kering has been known to place creativity as one of its strategies, which supports its Houses in surpassing its limits in creative expressions.
Hermes luxury brand company is one of the oldest and most prestigious fashion houses globally. With a rich history dating back to 1837, Hermes has become known for its high-quality products and exquisite craftsmanship.
Dior is another iconic French luxury brand founded in 1946 by Christian Dior. The company is famous for its luxurious clothing, accessories, and perfumes.
Rolex is a Swiss luxury watch company that was founded in 1905. It’s one of the most well-known and respected brands globally, and its watches are instantly recognizable by watch lovers. The world-renowned luxury watch company has also been featured on Forbes’s top 100 most valuable brands in the world.
Tiffany is an American luxury jewelry company founded in 1837. It’s known for its iconic blue box and diamond-encrusted designs. Tiffany came on as the first global luxury jeweler to give shoppers all-transparent access to its stone’s craftsmanship journey. A journey through the sorting of its diamond, its planning as well as cutting, let’s not forget its polishing, grades, and set.
Prada has also made it to our list as one of the most popular luxury brands in the world. The company was founded in 1913 by Mario Prada and has since expanded to include a wide range of products such as handbags, sunglasses, shoes, and more.
Versace is an Italian fashion house founded in 1978 by Gianni Versace. The company is known for its glamorous, over-the-top designs and luxurious materials.
Armani is another iconic luxury brand founded by Giorgio Armani in 1975. The company offers a wide range of products, including clothing, accessories, home decor, and more.
There are a few key things that all the top 10 luxury brands in the world have in common. They all use creativity as a branding strategy, they’re all known for their high-quality products, and they all charge premium prices. If you’re looking to create a successful luxury brand, it’s important to learn from the best.
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]]>The post Women Leaders Making Waves in Supply Chain Industry appeared first on Industry Leaders Magazine.
]]>Companies that succeed to attract, retain and recognize female talent as a part of their talent management strategies seem to face a fresh set of challenges. What’s interesting to note is that these drawbacks do not result from perception bias. A study by SCM World found that 74% of men think that women’s natural skills differ from men – and that women’s skill sets are highly regarded in the supply chain management (see Figure 1). These skills include multi-tasking, communication, collaboration, and influence.
In the fast-paced world of supply chain management, excelling at these skills would suggest that more women would hold senior level positions. But as we move close to the top of the supply chain organizational chart the disparity becomes increasingly apparent at senior levels. For instance, women account for just 11% of supply chain executives, the Gartner research shows.
There has been a lot of enthusiasm, commitment and money going into many initiatives to get women into supply chain and logistics, but the results are far from satisfactory.
Young professionals oftentimes refrain from applying to jobs in supply chain management as they are told that the industry is too rough and tough for females. This is not a gender issue; it is a broader societal issue one cannot change singlehandedly. But collectively, employers, educators, government administrators and not-for-profit organizations can do better and give girls and young women more exposure to supply chain management jobs, female role models, and career awareness and planning.
A 2018 study by Microsoft found that girls and young women who know a woman in a STEM profession are more likely to feel empowered when they engage in STEM activities (61 percent) than those who don’t know a woman in a STEM profession (44 percent) (see Figure 2).
We need more female mentors and role models in supply chain and logistics industry in order to tip the scales in favor of a gender-balanced workforce. With more exposure to positive role models, young professionals could find women that they can relate to and aspire to be.
More importantly, we must show how women leaders can contribute to the success of the company. Here at Industry Leaders Magazine, we celebrate and recognize the success of prominent women leaders in the supply chain industry.
These highly accomplished supply chain executives provide the best sort of role models for girls and young women interested to pursue a career in the supply chain industry.
Traditional wisdom tells us to strive for lush titles and management roles to ultimately land a top leadership job. Sadly, this is far from the truth, as we’ve learned from Renata Mihich’s career. Adaptability and resilience is the greatest asset you can possess to accelerate your career growth in any sector. When you’re adaptable and resilient you’re not another cog in the wheel. You become self-sufficient, get to learn a lot, and come out as a complete package who knows things from ground reality to bottom up.
Renata Mihich has an illustrious 20+ year career with DHL where she has held just about every role in the organization, including customer services, sales, and marketing. Today, she calls the shots as the managing director for the organization in Canada. It may have only been five years since she was made MD, but her tenacity for leadership and innovation show she’s more than a match for the traditionally male-dominated supply chain industry.
Maybe you’ve witnessed your boss or a coworker indulge in sexism as they ask you to fetch coffee for everyone in the meeting room, or take up on an administrative task because “women are more organized.” Denise Kopko is here to teach you to exude confidence and command the respect you deserve.
“Early in my career, we had a train derailment and I was called into the vice president’s office,” Kopko recalls in an interview with Inbound Logistics. “His feet were up on the desk, his shoes were off, and he asked me to get him a cup of coffee.”
“I decided to stand my ground, and said, “I just spent four years putting myself through college and it wasn’t to get you a cup of coffee. If you’d like to discuss the reason I came into the office, let me know, and I’ll be glad to talk to you about that.””
Denise Kopko graduated with a degree in logistics and supply chain before it was a popular major. Today she’s the vice president of operations-commercial, supply chain and logistics, with Veolia North America.
When you travel, you are able to discover not only yourself but also the world you live in. Exploration of other countries gives you an opportunity to see how other cultures execute business or products in your industry. While living in Europe, Lynn Torrel worked with colleagues, customers, and supplies and got an opportunity to learn how to balance global requirements with local needs.
Today, Lynn Torrel has more than 25 years of experience in supply chain and procurement and has proved to be a valuable asset to companies like Avnet United and Velocity where she handled some of their largest strategic customers and supply chain programs globally.
Torrel was appointed to her current role at Flex in September 2019. Under her leadership, Flex is maximizing process efficiencies and productivity and maintaining strong relationships with vendors and distributors.
A Harvard Business School study noted that nearly everyone, regardless of gender, placed a higher value on their families than on their work. Sadly, women are told they’re not the right fit for career advancement opportunities because of the common belief that they are more committed to family than men are. How women react to such biases can also affect their ability to succeed and thrive. Often times they hold themselves back because they don’t know people or are afraid what others might think.
Christine Morgan was nearly passed up for an opportunity to manage a larger station because her new boss assumed the single mother wouldn’t be willing to move. Morgan let him know that if the right opportunity presented itself, she would certainly put her ring in the hat. In six months, she had three opportunities presented to her.
When women are not assertive, they settle for things and end up being unhappy at work. The onus isn’t just on women. The extent to which women in male-dominated sectors thrive partly depends on the kind of opportunities and treatment they receive at work.
In her role as regional vice president, Christine Morgan has successful implemented business growth strategies, and facilitated solutions to enhance new and existing client accounts and grew final mile deliveries.
Do you have a role model that encouraged you to pursue STEM? Keep the conversation going and share your experience with us in a comment below.
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]]>The post World’s Most Successful Crowdfunded Projects appeared first on Industry Leaders Magazine.
]]>The idea is to ask hundreds or thousands of people to contribute some amount in exchange for early access to the project or product at a discount.
Crowdfunding as a concept has a history dating back to the 1700s but in our century it gained popularity around 2010. In less than a decade, crowdfunding has become a $34 billion dollar industry — this figure is expected to triple in the next 10 years.
It has become a source for people to get validation for their ideas, exposure on the social platforms and seek funding.
The first successful recorded crowdfunding effort was by a British rock band in 1997 when they sought money online for a reunion tour from their fans. Inspired by this, the first dedicated crowdfunding online platform called Artistshare was launched in 2000 and from there the industry has grown by leaps and bounds. The average rate of success through crowdfunding is 22.4 percent.
Many dedicated crowdsourcing platforms have come up in recent years. Kickstarters, Indiegogo, Patreon, Crowdfunder, Crowdrise, Razoo are some of the popular ones.
These platforms have helped launch many multi-million dollar enterprises, which started off as an idea in a college hostel room, a bedroom or a garage. The platforms have helped bring about change in the world with many socially beneficial projects being undertaken for the betterment of society all over the world through crowdsourcing.
Here are some stellar examples of crowdfunded projects that took off:
The Oculus VR Headset is a well-known gadget that has turned the virtual reality industry on its head. The inventor of the headset, Palmer Luckey, started working on the headset in his parent’s garage when he was 15.
In 2012, he started a Kickstarter campaign to seek funding and hit his $250,000 goal quite early and raised $2.4 million. It was backed by 9,500 people. The Oculus VR headset was one of the first VR headsets to hit the retail shelves and within two years, Facebook bid for the prototype for $4 billion.
The Oculus Rift is forecast to do a business of around $5 billion this year.
Popsockets are the small plastic contraptions that stick on to the back of phones. This button was invented by a professor of philosophy, David Barnett.
A need to keep his earphone untangled led to the professor gluing two big plastic buttons on the back of his smartphone, and the accessory, pop socket was born.
The Kickstarter campaign for this button was launched in 2012. It got $18,951 from 521 people. In 2018, Popscocket LLC had a business revenue of $200 million and raked in a profit of over 490 million.
It is one of the most popular cell phone accessories sold on Amazon.
The Pebble watch is known as the most successful Kickstarter campaign in terms of the amount of money it was able to collect.
The campaign, which started in April 2012, overshot its initial goal of $100,000 to raise $10 million. It gave a very tough run to the Apple watch when it was launched. It came with a Bluetooth connection, was water-resistant and had long battery life.
The smartwatch was bought by Fitbit in 2016.
Brooklinen, a luxury linen brand, was started by a couple Rich and Vicki Fulip, on Kickstarter.
They started their funding campaign in 2014 and raised more than $236,000 backed by 1733 people
Their idea was based on providing luxurious comfort to ordinary people at affordable prices.
Their campaign was simple and direct.
“We sell really good sheets” is how they introduce themselves. Their advertisements have pets snoozing on their linen, which brings in the “aww” factor in bundles.
Their annual revenue for 2018 was more than $50 million.
Biotech company Cell Therapy Ltd raised $1 million on the crowdfunding site Crowdcube to launch a stem cell-based regenerative medicine, Heartcel, to treat heart trauma patients. It raised three times its original target, allowing the company to use the money to push its trial, and it was able to approve its usage in 2016 in some countries. The campaign was launched in 2015 and was backed by 300 investors.
Cell Theory was started in 2009 by Sir Martin Evans and Ajan Reginald, a former chief executive with Pharma company Roche.
MVMT Watches has sold more than 2 million units since inception in 2013. The company was started by two college roommates looking for affordable, and jazzy quality watches.
The crowdfunding was done on Indiegog and they were able to raise around $300,00 in total through two campaigns from 3850 backers.
MVMT, pronounced as ‘movement’ now sells sunglasses and other accessories. It was acquired by Movado in 2016 and its current CEO is Jake Kassan. It had a revenue of $72 million in 2017.
Once the Flow Hive technology was patented, a crowdfunding campaign and video were launched on Indiegogo in February 2015.
What happened next was quite extraordinary. The $70,000 goal was reached in seven minutes. In two hours, it was the fastest crowdfunding campaign in the world to reach $1 million. In eight weeks, it reached US$12.2 million.
Thousands of hours went into everything from marketing, design, and manufacturing, to logistics and customer support decisions.
Next began the scramble to fulfill orders — before Christmas! Amazingly, Flow managed to deliver on their commitments only a few weeks behind schedule.
While leaping a succession of supply chain, manufacturing and logistics hurdles, the team developed its internal processes and moved toward being not only a manufacturer and marketer of the most significant beekeeping invention since 1852 but also as a prominent advocate for bees.
3Doodler is the world’s first 3D printing pen. It became one of the most successful crowdsourcing success stories after raising more than $4 million in three separate campaigns.
3Doodler is now sold in over 60 countries through hundreds of retail partners. Last year, the company made $20 million in revenue. The novelty products is on its fourth generation now.
It has scored big name retail partners such as Staples, Best Buy, and Michael’s. You can get a basic 3Doodler for $79.99 and the more advanced versions for $99 and $149, respectively. The 3Doodle
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]]>A reasonable sequitur is that the influential aviation leaders possess extraordinary leadership skills that enable their airline companies to remain afloat during upheavals that the industry is so prone to. Not to forget the demands on their shoulders to innovate and make flying cost-effective for more people to experience. Considering these factors, here is a list of the most influential leaders in aviation.
CEO and MD – Qantas Airlines
The CEO of the Sydney based Qantas airlines’ name is often seen in the headlines of Australian newspapers. His admirable leadership at Qantas airlines and LGBTQ rights advocacy makes him an influential personality both in the airlines industry and the LGBTQ community. He is often hailed as one of the most influential openly gay business executives. In 2015, Joyce didn’t just make the company profitable again after years of downhill revenues but also led government negotiations at a time when many were eager to throw the airlines to the wolves.
CEO – Qatar Airways
When Akbar Al Baker was appointed as the CEO of Qatar airways in 1996, the airline was a small carrier. Today, the airline is known as “a flying five-star hotel.” The carrier has created a benchmark in luxury air travel and a big chunk of the credit goes to Al Baker. Under his leadership, Qatar Airways has grown to become the world’s fastest-growing airline, operating one of the youngest and most technologically advanced fleets in the sky.
Founder – AirAsia
CEO AirAsia has a very versatile career trajectory. He started as an accountant, worked with Virgin Atlantic, spent time in the music business with Warner music international, and then moved on to establish the world’s most successful budget airlines.
AirAsia has recently taken steps to become a one-stop travel technology company that will encompass flights, hotels, activities, e-commerce, payments, duty-free, inflight connectivity, loyalty and more.
CEO – Air France
Anne Rigail has long been the face of change at Air France, so when the problem of appointing a new CEO amidst the controversies of the previous leadership and labor issues in France erupted, Rigail was the obvious choice. She is now one of the very few woman CEO’s leading a major airlines.
Rigail has taken the reins at a time when the airlines is in a tight spot. Having spent her entire career in the airline industry, she is a seasoned veteran whose knowledge and experience is expected to brace the company as it faces a variety of challenges – pilot salary negations and wrapping up the unsuccessful ‘Joon’ airline, are just a few of them.
CEO- Air New Zealand
Christopher Luxon has been serving as the CEO of Air New Zealand since 2013 and in his tenure, the airlines has witnessed massive growth and all-time high customer satisfaction scores. This year the airline became the first in the world to take home two awards at the Air Transport World Airline Industry Awards including the ATW Eco Airline of the year and Passenger Experience Achievement award. Luxon has held several leadership positions prior to joining Air New Zealand.
His commitment to employee and customer satisfaction and innovation has given him the standing of being one of the most influential leaders in aviation. The fact that Air New Zealand was recognized as the best airline in the world for five straight years by Airline Ratings until 2019 further underscores the extraordinary leadership skills of Luxon.
Luxon recently announced that he will be stepping down as the CEO of Air New Zealand in September. We are eager to see which new industry leaders replaces him.
Founder – Virgin Atlantic Airlines
The list of most influential leaders in the airlines industry cannot be complete without mentioning the founder of Virgin Atlantic – Sir Richard Branson.
He is the chairman of over 400 companies, is a philanthropist, investor, and an influential business magnate, but above all, Richard Branson is known for his fun-loving personality, care for his people, and passion for creating meaningful impact. Virgin Atlantic is not unfamiliar to innovations. It was the first airline to fly a commercial aircraft only on biofuel and to add a bar in every upper-class cabin.
President and COO – JetBlue Airways
Breaking the glass ceiling in a predominantly male industry is the President and COO of JetBlue Airways, Joanna Geraghty.
Geraghty has climbed up the leadership ladder showcasing remarkable leadership skills at every position. She has served as the VP, Associate General Counsel; Executive VP, People; and, and prior to becoming the COO, she led the company’s customer experience teams.
JetBlue earns high marks from customers for comfort and customer service and now Geraghty is focused on giving the carrier a foothold similar to that of the larger and more profitable competitors.
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]]>Education-technology, an innovative pedagogy that extends education through digital means, has proven to be a useful tool to impart learning where the traditional school systems cannot reach.
In today’s fast-paced world where a trend that came yesterday has already become a thing of the past, inertia towards education paints a grim picture of the world that calls itself “modern.” In this picture, Ed Tech can serve as a support system to traditional education by making learning keep pace with the technological disruption we are witnessing today. Included in our list of influential Edtech leaders are entrepreneurs who are making this possible with innovative pedagogies that impart learning that is relevant and effective in today’s dynamic world.
From the democratization of learning to making it accessible to masses, the power of digital tech cannot be understated. Here are the top 5 influential entrepreneurs who are taking education to the remotest corners of the world and changing the way we learn.
Michal Borkowski is the CEO and co-founder of Brainly – the world’s largest peer-to-peer learning community where students, parents, and teachers can ask and answer homework problems and receive immediate help from a community of peers and experts. Brainly’s revolutionary ‘crowd learning’ model combines online education, social media, gamification, and machine learning.
Michal Borkowski’s conviction to empower students from around the world with knowledge and information has given him the standing of being one of the most influential leaders in EdTech.
Lucrezia “Lulu” Bisignani is the founder of the first Pan-African education and media franchise that is working to impart basic literacy to the estimated 170 million African children who lack the basic literacy and numeracy skills.
During her research, Bisignani witnessed a lack of proper representation of Africa and the African population among the prevalent EdTech platforms. Consequently, she created Super Sema – an animated superhero game character in Kukua games that educates and empowers African children through gaming apps, an upcoming TV series, and toys. Sema lives in Dunia, a bustling African urban village where DIY and STEAM kid powers meet high-tech Afro-futurism.
Huebner and Mattingly created Kodable to teach programming to elementary school kids. Their coding curriculum for the elementary level aids teachers’ efforts in imparting computer science training. Kodable’s curriculum teaches coding to K-5 kids so they have the training and skills to develop games, apps, and websites by the time they reach middle school.
The founders believe that teaching coding early in life to kids increases the likelihood of them pursuing programming later in life. As two of the most influential EdTech leaders, Huebner and Mattingly have grown the company to reach over 50% of US Elementary Schools and 190+ countries around the world.
Leila Janah is the Founder and CEO of Samasource, the company that trains people from low-income groups in digital skills and outsources digital jobs to them. Samasource was established with a mission to reduce poverty in disadvantaged areas by offering gainful training and employment while ensuring they deliver the highest quality of work to their clients. Along with being one of the most influential and successful social entrepreneurs, Janah is the author of Give Work, Director of CARE USA, and a young leader of the World Economic Forum.
Samasource is a pioneer in impact sourcing that has helped thousands of people from disadvantaged areas to develop skills, find dignified work and hence, break the vicious cycle of poverty.
From entertaining mobile games to impact sourcing, these social entrepreneurs are at the vanguard of the EdTech revolution. These influential EdTech leaders are poised to make education a democratic and personalized learning rather than a privilege of the select-few.
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