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German billionaire heiress, Susanne Klatten is the daughter of Herbert and Johanna Quandt, the former being a German industrialist who is known for saving luxury vehicles company, BMW from the point of bankruptcy. Thanks to BMW s recovery from a slump earlier in the pandemic, US$10.9 billion was added to Klatten s fortune. The company also reported nearly US$119 billion in revenues in 2020 while its stock price increased more than 93 per cent since Mid-March 2020.
The BMW heiress inherited a 12.50 per cent stake following her father s death which now totals to 19.2 per cent after her mother s passing in 2015. Besides her wealth from the German carmaker, she also inherited her late father s 50.1 per cent stake in pharmaceutical and chemicals manufacturer, Atlanta.
Getty Images At the WERC annual conference yesterday, Kenco Group representatives Kristi Montgomery, VP of Innovation, David Caines, Chief Operating Officer, Dan Coll, VP of E-commerce Fulfillment, and Chris Hess, Director of Supply Chain Solutions, discussed how to find balance and accommodate B2C market demands. Kenco Group is a woman-owned, full-service third-party logistics company that has been in business 71 years and has $800 million in revenue.
This conversation has been edited for length.
E-commerce Growth
Kristi Montgomery:
I ll start with you, David. What have we seen in the last 18 months as it relates to e-commerce growth and how are our B2B shippers tackling that challenge?
Logistics of Pivoting from B2B to B2C in the Modern E-commerce Market packworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from packworld.com Daily Mail and Mail on Sunday newspapers.
The Top Richest Women In The World In 2021
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Forbes’ 2021 list of the World’s Billionaires features 328 women, up more than 36% from the previous year, including a new world’s youngest self-made woman billionaire.
In February, 31-year-old Bumble cofounder Whitney Wolfe Herd took her matchmaking company public, becoming the youngest female CEO in the U.S. to ring an opening bell and the world’s youngest self-made woman billionaire. Wolfe Herd, who is worth $1.3 billion, is one of 63 women who joined
Forbes annual World’s Billionaires list for the first time in 2021.
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Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials. When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock.
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FedEx (NYSE:FDX) delivered for investors in 2020, as its shares gained 71% due in large part to the pandemic-fueled surge in residential shipments.
Those gains followed years of disappointing results, and FedEx shares are still down by nearly 10% from where they stood three years ago. Over that period, they ve underperformed the