Ferrari proved doubters wrong, launching a successful IPO despite limited appetite for new issuance. The racecar maker's founder's son, Piero Lardi Ferrari, officially became a billionaire in the aftermath.
Davidoff's CEO spoke to Forbes about the company's leading position in the global market for premium cigars, adding that Asia is the most important region, and that Cuba will further boost their sales.
While Silicon Valley is obsessed with creating unicorns, or companies that see their private valuation exceed $1 billion, it's actually a dangerous precedent, according to set of tech rockstars that joined forces to debunk the myth of the ten digit valuation.
Piero Lardi Ferrari is the only living heir of Enzo Ferrari, the man who founded the legendary racecar maker and auto manufacturer back in 1929. If everything goes as expected, he'll be worth more than $1.3 billion next week.
Shaun White has progressed beyond the slopes and is now a force to be reckoned with in the board room, with a business empire that includes two lines of clothing, several major brand partnerships, and now a massive events company.