With small financial tweaks, the Mighty Oak Card enables consumers to invest spare change and automatically save a portion of each pay cheque. In addition, account holders gain access to financial wellness tools and retirement planning advice.
Johnson is an investor in Acorns and its affiliates, and is paid to promote the brand.
“I’m personally invested in helping and rooting for people to achieve financial stability and success,” he said.
“I’ve been there and know what it’s like to count every dollar and save every cent possible to provide for my family and myself. I wish I had the Mighty Oak Card back in the struggling and fun days, when I had only $7 in my pocket, which is why I helped create this card now to empower people to take control of their financial well-being.”
Johnson, now 51, had just a few dollars to his name when he was cut from the Canadian Football League.
He went on to build a professional wrestling career, becoming a 10-time world champion.
He made his movie debut in 2001 with The Mummy Returns and has since appeared in nearly 50 movies.
His films have grossed more than $13 billion at the global box office, according to online database The Numbers.
In 2012, he founded film production company Seven Bucks Productions. Its releases include Shazam!, Black Adam and two films in the Jumanji franchise.
His net worth is estimated at $800 million, according to wealth-tracking website Celebrity Net Worth.
Johnson's stake in Teremana, the beverage brand he created, accounts for the biggest share of his wealth. The brand, which sells one million cases each year, is worth several billion dollars, according to Celebrity Net Worth.
He has or has had partnership and endorsement deals with Apple, Ford and Under Armour.
Kareena Kapoor Khan has a net worth estimated at $5.82 million, according to media reports. Photo: Ali Gamal
Kareena Kapoor Khan
Bollywood actor Kareena Kapoor Khan will serve as a strategic investor and co-owner of Korean skincare brand Quench Botanics following a joint venture with Velvette Lifestyle.
She will help educate consumers about skincare, Velvette co-founder and chief executive Vineeta Singh told the Business Line newspaper.
Velvette is the company behind Sugar Cosmetics, one of India’s fastest-growing beauty brands. It has a distribution network of more than 35,000 branded retail outlets in more than 540 cities.
“When Vineeta and Kaushik [Mukherjee, co-founder] came to me many months ago to discuss a unique idea – innovative Korean skincare formulation suited for Indian weather and skin at the most affordable price – I loved the product so much that I decided to invest in the company. And here we are today,” Kapoor Khan said in an Instagram post.
The brand is currently available through more than 1,000 outlets, including e-commerce marketplaces and specialist retailers.
Kapoor Khan, 43, has a net worth estimated at 4.85 billion Indian rupees ($5.82 million), according to media reports.
As a member of one of Bollywood’s most well-established filmmaking families, she is also one of India’s most successful and critically acclaimed actresses.
Since her Bollywood debut with Refugee in 2000, she has starred in several box office films, including Jab We Met, Ra.One and Bajrangi Bhaijaan.
Brand endorsements and partnerships provide her with a lucrative second income. The 3 Idiots star has worked with Mercedes-Benz, Colgate, Lux and Philips, as well as the beauty brand Lakme Cosmetics.
Kapoor Khan has been adding to her investment portfolio in recent months. Last summer, she took a stake in Indian greengrocer Pluckk.
“I’m a person who always plays it safe. I wouldn’t invest in start-ups just like that. I’m quite old-school in my thought,” she told the Business Today magazine at the time.
“I don’t look at balance sheets, but I look at something I know and believe in would work.”
With her husband, actor Saif Ali Khan, she owns homes in Mumbai and Gstaad, Switzerland.
Khan also has ancestral property in the states of Haryana and Madhya Pradesh, according to News18.
Adele has a net worth of $206.8 million, according to the Sunday Times newspaper. Getty Images
Adele
British singer Adele looks set to launch a new company called The Shelbourne Collective Limited, according to paperwork filed earlier this month with UK business registry Companies House.
Its nature of business is given as “specialised design activities”.
The singer has given no indication of her business plans but, according to the UK’s Daily Mirror newspaper, she could be planning a cosmetics line after her Las Vegas concert residency comes to an end next year.
The licence would allow her to retail beauty and skincare products, fashion, perfume and jewellery.
Born Adele Laurie Blue Adkins, the 35-year-old singer has a net worth of £165 million ($206.8 million), according to the Sunday Times newspaper.
She has built her fortune primarily from the sales of her four albums, which have moved 100 million in equivalent album units, and from concert performances.
The 16-time Grammy winner is currently on a residency at Caesars Palace in Las Vegas. It is expected to continue until June next year. Each performance is expected to generate $2 million in gross revenue.
Her music company, Melted Stone, showed assets of £14.9 million in December 2021, up from £3.6 million a year earlier.
Adele owns homes in Beverly Hills, Malibu and the UK, , according to Celebrity Net Worth.
She appeared to confirm her second marriage, to sports agent Rich Paul, at Alan Carr’s comedy show in Los Angeles last week.
Paul has a net worth of $120 million, according to the Daily Mail.
Kim Kardashian has invested in condiment brand Truff through her private equity firm SKKY Partners. AP
Kim Kardashian
Reality TV star and entrepreneur Kim Kardashian has taken a stake in condiment brand Truff through her private equity firm SKKY Partners. It is the company’s first investment.
Financial terms of the transaction were not disclosed.
Founded in 2017 by Nick Ajluni and Nick Guillen, the company markets a variety of truffle-infused sauces, including hot sauce, pasta sauce and mayonnaise.
“Truff is exactly the kind of business that embodies what we were looking for when we founded SKKY – a next-generation brand with a deep, authentic connection with consumers and the potential for ongoing growth,” said Kardashian, co-founder and managing partner of SKKY Partners.
Truff products are available through a direct-to-consumer model and through stores such as Target, Whole Foods and Publix.
Kardashian, 43, has a net worth of about $1.7 billion, according to Forbes magazine.
She is a TV star, influencer and entrepreneur. It is the latter role that accounts for most of her net worth today.
Kim Kardashian style evolution - in pictures
Paris Hilton and Kim Kardashian, in traditional dirndl dresses, attend Oktoberfest on September 25, 2006 in Munich, Germany. Getty Images
Kim Kardashian, in a silver mini dress, arrives at the MTV Australia Awards at the Australian Technology Park on April 26, 2008 in Sydney, Australia. Getty Images
Khloe and Kim Kardashian, in a scarf and jeans, attend a press conference at the Museum of Contemporary Art on April 29, 2008 in Sydney, Australia. Getty Images
Kim Kardashian, in a black bead-encrusted dress, attends the launch of the new Jimmy Choo boutique at Castlereagh Street on April 30, 2008 in Sydney, Australia. Getty Images
Kim Kardashian, in a fishtail gown, attends the Golden Nymph awards at Grimaldi Forum on June 12, 2008 in Monte Carlo, Monaco. Getty Images
Kim Kardashian, in a LBD, arrives at the Grimaldi Forum during the Monte Carlo Television Festival on June 9, 2009 in Monte Carlo, Monaco. Getty Images
Kim Kardashian, in a strapless mini, and Kris Kardashian at the Monte Carlo Television Festival on June 10, 2009 in Monte Carlo, Monaco. Getty Images
Kim Kardashian, in a sequinned gown, arrives at the closing ceremony of the Monte Carlo Television Festival on June 11, 2009 in Monte Carlo, Monaco. Getty Images
Kim Kardashian, in a leather jacket and striped dress, makes an in-store appearance at Optus on April 19, 2010 in Sydney, Australia. Getty Images
Kim Kardashian, in a monochrome gown, and Greta Van Susteren arrive at the MSNBC afterparty following the White House Correspondents' Association dinner on May 1, 2010 in Washington, DC. Getty Images
Kim Kardashian, in a ruffled mini and blazer, leaves the Ritz hotel on September 15, 2010 in Paris, France. Getty Images
Kim Kardashian, in a white halterneck, and Kris Humphries arrive at the Amber Lounge Fashion Monaco show on May 27, 2011 in Monaco. Getty Images
Kim Kardashian, in a strapless evening gown, attends Glamour Women of the Year Awards on June 7, 2011 in London, England. Getty Images
Kim Kardashian, in Gucci, poses during her fragrance launch at Debenhams on June 8, 2011 in London, England. Getty Images
Kim Kardashian, in a fur stole, attends the Kanye West show as part of Paris Fashion Week at Halle Freyssinet on March 6, 2012 in Paris, France. Getty Images
Kim Kardashian, in Emilio Pucci, launches her fragrance at the Rose Club on May 18, 2012 in London, UK. Getty Images
Kim Kardashian, in Elie Saab, arrives at amfAR's Cinema Against Aids gala during the 65th annual Cannes Film Festival on May 24, 2012 in Cap D'Antibes, France. Getty Images
Kim Kardashian, in Stephane Rolland, attends the MTV EMAs at Festhalle Frankfurt on November 11, 2012 in Frankfurt, Germany. Getty Images
Kim Kardashian, in Givenchy, and Kanye West attend the Givenchy show as part of Paris Fashion Week on March 3, 2013 in Paris, France. Getty Images
Kim Kardashian, in Givenchy, and Kanye West attend the Met Gala in New York on May 6, 2013. EPA
Kim Kardashian, in Givenchy, and Kanye West attend the Givenchy show as part of Paris Fashion Week on September 29, 2013 in Paris, France. Getty Images
Kim Kardashian, in Stephane Rolland, attends the Stephane Rolland show as part of Paris Fashion Week Haute on January 21, 2014 in Paris, France. Getty Images
Kim Kardashian, in Lanvin, arrives for the Met Gala in New York on May 5, 2014. EPA
Kim Kardashian, in Valentino, attends the Valentino show as part of Paris Fashion Week on July 9, 2014 in Paris, France. Getty Images
Kim Kardashian, in Ralph & Russo, attends the GQ Men of the Year awards at The Royal Opera House on September 2, 2014 in London, England. Getty Images
Kanye West and Kim Kardashian, in Lanvin, attend the Lanvin show as part of Paris Fashion Week on March 5, 2015 in Paris, France. Getty Images
Kim Kardashian, in Jean Paul Gaultier, arrives for the 57th annual Grammy Awards held at the Staples Centre in Los Angeles, California, on February 8, 2015. EPA
Kim Kardashian, in a draped midi dress, at Marionnaud Champs Elysees on April 15, 2015 in Paris, France. Getty Images
Kanye West and Kim Kardashian, in Sophie Theallet, arrive at the Time 100 Gala in New York on April 21, 2015. EPA
Kanye West and Kim Kardashian, in Balmain, arrive at the MTV Video Music Awards at the Microsoft Theatre in Los Angeles, California, on August 30, 2015. EPA
Kim Kardashian, in Balmain, arrives at the Met Gala in New York on May 2, 2016. EPA
Kim Kardashian, in Lan Yu Couture, attends the De Grisogono Party at the annual 69th Cannes Film Festival on May 17, 2016 in Cap d'Antibes, France. Getty Images
Kim Kardashian, in Galliano, and Kayne West arrive at the MTV Video Music Awards at Madison Square Garden in New York on August 28, 2016. EPA
Kim Kardashian, in Givenchy, attends a Buro 24/7 party as part of Paris Fashion Week on September 30, 2016 in Paris, France. Getty Images
Kim Kardashian, in Tom Ford, arrives at the Lacma Art + Film Gala at the Los Angeles County Museum of Art in Los Angeles, California, on November 4, 2017. EPA
Kim Kardashian, in Vivienne Westwood, arrives at the Met Gala in New York on May 1, 2017. EPA
Kim Kardashian, in Versace, arrives at the Met Gala in New York on May 7, 2018. EPA
Kim Kardashian, in Versace, arrives at the MTV Movie and TV Awards at the Barker Hanger in Santa Monica, California, on June 16, 2018. EPA
Kim Kardashian, in Louis Vuitton, attends the Louis Vuitton show as part of Paris Fashion Week on June 21, 2018 in Paris, France. Getty Images
Kim Kardashian, in Gucci, arrives at the Lacma Art + Film Gala at the Los Angeles County Museum of Art in Los Angeles, California, on November 3, 2018. EPA
Kim Kardashian, in Thierry Mugler, arrives at the Met Gala in New York on May 6, 2019. EPA
Kim Kardashian, in Versace, arrives at the Creative Arts Emmy Awards at the Microsoft Theatre in Los Angeles, California, on September 14, 2019. EPA
Kim Kardashian, in Versace, arrives at the People's Choice Awards at the Barker Hangar in Santa Monica, California, on November 10, 2019. EPA
Kim Kardashian, in Alexander McQueen, and Kanye West attend the Vanity Fair Oscar Party in Beverly Hills, California, on February 9, 2020. EPA
Kim Kardashian wears Marilyn Monroe's dress for the 2022 Met Gala at the Metropolitan Museum of Art on May 2, 2022, in New York. AFP
Skims, the shapewear company she founded with entrepreneurs Jens Grede and Emma Grede, raised $270 million in July, taking its valuation to $4 billion.
Kardashian also has a skincare line, SKKN.
She launched SKKY Partners last year with Jay Sammons, a former Carlyle Group executive.
The company focuses on control and active minority investments in high-growth consumer companies in health and wellness, food and beverage, fashion and beauty, and luxury and leisure.
UAE currency: the story behind the money in your pockets
The device has a screen reader or software that monitors what happens on the screen
The screen reader sends the text to the speech synthesiser
This converts to audio whatever it receives from screen reader, so the person can hear what is happening on the screen
A VOISS computer costs between $200 and $250 depending on memory card capacity that ranges from 32GB to 128GB
The speech synthesisers VOISS develops are free
Subsequent computer versions will include improvements such as wireless keyboards
Arabic voice in affordable talking computer to be added next year to English, Portuguese, and Spanish synthesiser
Partnerships planned during Expo 2020 Dubai to add more languages
At least 2.2 billion people globally have a vision impairment or blindness
More than 90 per cent live in developing countries
The Long-term aim of VOISS to reach the technology to people in poor countries with workshops that teach them to build their own device
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened. He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia. Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”. Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
- Dh300 million set aside to train 18,000 jobseekers in new skills
- Managerial jobs in government restricted to Emiratis
- Emiratis to get priority for 160 types of job in private sector
- Portion of VAT revenues will fund more graduate programmes
- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government
Thursday, September 21
Al Dahfra v Sharjah (kick-off 5.35pm)
Al Wasl v Emirates (8.30pm)
Friday, September 22
Dibba v Al Jazira (5.25pm)
Al Nasr v Al Wahda (8.30pm)
Saturday, September 23
Hatta v Al Ain (5.25pm)
Ajman v Shabab Al Ahli (8.30pm)
HOW DO SIM CARD SCAMS WORK?
Sim swap frauds are a form of identity theft.
They involve criminals conning mobile phone operators into issuing them with replacement Sim cards, often by claiming their phone has been lost or stolen
They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.
The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.
RESULTS
Welterweight
Tohir Zhuraev (TJK) beat Mostafa Radi (PAL)
(Unanimous points decision)
Catchweight 75kg
Anas Siraj Mounir (MAR) beat Leandro Martins (BRA)
(Second round knockout)
Flyweight (female)
Manon Fiorot (FRA) beat Corinne Laframboise (CAN)
(RSC in third round)
Featherweight
Bogdan Kirilenko (UZB) beat Ahmed Al Darmaki
(Disqualification)
Lightweight
Izzedine Al Derabani (JOR) beat Rey Nacionales (PHI)
(Unanimous points)
Featherweight
Yousef Al Housani (UAE) beat Mohamed Fargan (IND)
(TKO first round)
Catchweight 69kg
Jung Han-gook (KOR) beat Max Lima (BRA)
(First round submission by foot-lock)
Catchweight 71kg
Usman Nurmogamedov (RUS) beat Jerry Kvarnstrom (FIN)
(TKO round 1).
Featherweight title (5 rounds)
Lee Do-gyeom (KOR) v Alexandru Chitoran (ROU)
(TKO round 1).
Lightweight title (5 rounds)
Bruno Machado (BRA) beat Mike Santiago (USA)
(RSC round 2).
Electric scooters: some rules to remember
Riders must be 14-years-old or over
Wear a protective helmet
Park the electric scooter in designated parking lots (if any)
Do not leave electric scooter in locations that obstruct traffic or pedestrians
Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.
Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born.
UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.
A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
23 - Francesco Laporta (ITA), Mike Lorenzo-Vera (FRA), Andy Sullivan (ENG), Matt Wallace (ENG)
21 - Grant Forrest (SCO)
20 - Ross Fisher (ENG)
19 - Steven Brown (ENG), Joakim Lagergren (SWE), Niklas Lemke (SWE), Marc Warren (SCO), Bernd Wiesberger (AUT)
The finalists
Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho
Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson
Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)
Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)
Club of the Year: Bayern Munich, Liverpool, Real Madrid
Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)
Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The advice provided in our columns does not constitute legal advice and is provided for information only. Readers are encouraged to seek independent legal advice.