Coty CEO Sue Nabi’s stake falls below $230 million as shares decline
This follows a prior loss of $48.44 million from Sept. 27 to Oct. 17, when her stake declined from $303.06 million to $254.62 million.

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Adrian Gore makes move in renewable energy for African SMEs
This marks the first time wheeled electricity, energy generated from remote wind and solar farms and delivered via the grid, has been made accessible to businesses of all sizes.

Algerian-born French tycoon Sue Nabi makes $14 million from Coty stake
Algerian-born French executive benefits from 10% rally in Coty shares, as stock momentum lifts wealth despite year-to-date losses.

Johann Rupert’s Richemont sees sales reach $24 billion
This was driven by a steady demand for high-end jewelry and solid growth in key markets such as the U.S., Europe, Japan, and the Middle East.

Samuel Dossou-Aworet-backed Tullow agrees to sell Gabon unit for $300 million
Tullow Oil Gabon holds all of Tullow’s non-operated working interests in Gabon, and the buyer is Gabon Oil Company.