Altrata

Last year was another frenetic year for the world economy, assailed by increasingly complex geopolitics, large-scale regional conflicts, a volatile climate and policy indecision. Against this backdrop, most wealth markets rebounded strongly from the losses of the previous year, with investor enthusiasm for GenAI and the prospect of monetary easing by major central banks delivering a late-year boost to global stock markets and portfolio returns. Nearly all regions experienced growth in the number of billionaires and their collective wealth. An exclusive 18 individuals reside in the very top tier of billionaire wealth, each with a fortune in excess of $50b. Over the past decade, the share of this group among the total billionaire population has risen just slightly, from a share of 0.2% in 2014 to the current 0.5%. Read all about it here - https://lnkd.in/e7tYkGnn

Driving AI Innovation From the C-Suite: Exclusive Access to New Altrata Study As artificial intelligence continues to reshape industries, it's not just technology that’s evolving—it's the leadership team too. Download 2024 Executive Insight: Chief AI Officers for insight into the backgrounds and characteristics of the individuals being appointed to this emerging leadership position. Key insight from the analysis includes: ▪️The majority of CAIOs, at 63%, are found in the private sector, 33% work for public companies like WPP (UK), Schneider Electric (France) and Melexis (Belgium) and 4% work for government entities or departments ▪️The majority of CAIOs lack senior-level experience outside of tech, such as in areas like operations, sales or finance, revealing a potential gap in strategic knowledge among AI leadership ▪️Some of the most common former employers of current Chief AI Officers are Google, IBM, Oracle and Accenture ▪️ Large and prominent universities producing large numbers of Chief AI Officers include the University of Texas at Austin, Stanford and Harvard Access the full study here ➡️ https://lnkd.in/gFacuyb4

Altrata was delighted to take part in Association for Corporate Growth (ACG)'s 20th Annual Wine Tasting Gala. During an event interview with our own Ramy Sahadevan, he highlighted the competitive advantages firms have that work with us.     - Accelerating Deal Flow: Solutions designed to give you easy access to millions of curated data points to connect professionals efficiently and helps firms' close deals faster by triangulating who at their private equity or investment bank knows the founder of a target company - Transforming Networking into Action: Find warm introduction opportunities through an extensive network of founders, executives, and asset allocators - Accurate Data = Fast Results: Most firms are dealing with outdated CRM systems. Altrata's API, data feed or integrations with platforms like Intapp DealCloud and Salesforce, ensure accurate, up-to-date executive data for a more seamless user experience Watch the inverview here: https://lnkd.in/e3EFwjK6

Financial Times highlights the diverse journeys CEOs take to reach the top in a recent article, leveraging executive intelligence from Altrata. The analysis reveals a slight difference between S&P 500 and FTSE 100 CEOs. While S&P 500 CEOs often work their way up internally, FTSE 100 CEOs are more likely to be externally appointed or have shorter tenures before taking the helm. Key insights from the data: - 25% of FTSE 100 CEOs are externally appointed, compared to 15% in the S&P 500. - Long internal tenures (6+ years) are more common for S&P 500 CEOs, while FTSE 100 leaders show higher mobility and shorter company tenure. These trends provide invaluable lessons for organizations looking to build leadership pipelines and for professionals navigating their career trajectories. Want to dive deeper? Check out the full article here: https://lnkd.in/eGi8WzAz #Leadership #ExecutiveData #CEOTrajectory #CareerDevelopment #BusinessInsights

The global billionaire population expanded by 4% last year to 3,323 individuals, more than reversing the previous year’s decline to hit a new high in billionaire numbers. Their numbers were bolstered by rising stock markets and a world economy that proved more resilient than expected, given the constraints of high inflation, tight monetary policy, cost-of-living pressures and geopolitical instability. Billionaires’ total wealth increased strongly by 9% to a record $12.1 trillion. Access the complete findings - https://lnkd.in/e7tYkGnn

Exclusive: Access the Billionaire Census 2024 A global look at the gains from the previous year show North America having the fastest growth in billionaire numbers of any region in 2023. A resilient economy and equity surge helped to bolster North America’s status as the world’s leading billionaire region, recording a 9.9% increase in its population to 1,111 individuals, and raising its global share to 33.4%. Asia was the only region to record a decline in billionaire numbers and wealth, experiencing a 3.5% fall in its billionaire population and a 2% drop in total net worth. Europe’s billionaire population registered above-average growth of 5%, consolidating its position as the world’s second-largest billionaire region. Download the complete findings here - https://lnkd.in/e7tYkGnn #Engagetheexceptional Wealth-X

The ultra high net worth population, representing 1.1% of high net worth individuals, holds 32% of the total wealth. This highlights the significant concentration of wealth within this exclusive group. Learn more about wealth distribution in Altrata's World Ultra Wealth Report 2024 - http://spr.ly/6045qIFpL #UltraWealthy #UHNW

Meet the leaders of tomorrow. As AI continues to transform industries, Chief AI Officers are at the forefront of innovation. Check out our comprehensive list of CAIOs who are driving AI at top companies across the globe - http://spr.ly/6043qILfD #AI #Leadership #ArtificialIntelligence

Large public companies lead the way in boardroom diversity. In both the US and UK, these companies continue to pave the way in terms of the share of women on their leadership teams. Track the path to gender diversity in leadership teams by reading our new Global Gender Diversity 2024 report - http://spr.ly/6044qIIUo

According to Forbes, relationship intelligence strategies and tools can help businesses reduce costs and increase efficiency. This leads to increased business growth. Relationship intelligence helps uncover data-driven insights about a company’s complex and dynamic business network. It enhances how dealmakers spend time generating, managing, and closing deals. This includes the strength of relationships, how influential contacts are, and how they can connect you to new opportunities - http://spr.ly/6042qFWA2