Parho Rozana

The current state of Pakistan's Economy in 2023 GDP Growth: Pakistan’s economy is expected to grow by only 0.4% in the current fiscal year ending June 2023. Economic Contraction: Pakistan’s economy is estimated to have contracted in FY-23, after two consecutive years of growth. GDP Decline: Real gross domestic product (GDP) is estimated to have declined by 0.6% in FY-23. Inflation: Inflation is running at over 30 percent – a 50-year high. Poverty Rate: The lower middle-income poverty rate is expected to increase to 37.2% in FY-23. Economic Crisis: The resolution of Pakistan’s economic crisis requires a commitment to sustained macro-fiscal and structural reforms. Fiscal Consolidation: An inconsistent policy response undermined progress with planned fiscal consolidation. Foreign Exchange Reserves: Foreign reserves remain at precariously low levels. Inflation: Inflation is at a record high. Private Sector Activity: Private sector activity has slowed sharply with deteriorating consumer...

Warren Buffett Buffett has spent the past three years on a spending spree, pumping some $90 billions of Berkshire Hathaway’s cash into stocks, share buybacks and the $11.5 billion acquisition of insurance firm Alleghany Corp., which closed in October. In late March the Oracle of Omaha, a veteran of market crises, reportedly advised the Biden administration on bank runs and discussed possible investments in regional banks. Net worth: $106 Billion Source of Wealth: Berkshire Hathaway Age: 92 Citizenship: United States Photo Gallery

Larry Ellison The Oracle chairman and former CEO rose four spots amid a tough year for tech, as Oracle shares increased 10% on solid earnings and a focus on security. Ellison bought one of Florida’s most expensive homes for $173 million last summer, adding to his portfolio of glitzy real estate, including the Hawaiian island of Lanai, where he lives. He stepped down from Tesla’s board in August after four years. Net worth: $107 Billion Source of Wealth: Oracle Age: 78 Citizenship: United States Photo Gallery

Jeff Bezos Since stepping down as Amazon CEO in 2021, Bezos has flown to space via his company Blue Origin, made waves with a near-complete $500 million superyacht and stepped up his philanthropy through support for groups such as Bezos Academy free preschools and grants from his Bezos Earth Fund. His fortune isn’t faring as well: He’s $57 billion poorer than a year ago—the biggest loss of any billionaire—thanks to a 38% decline in Amazon stock. Net worth: $114 Billion Source of Wealth: Amazon Age: 59 Citizenship: United States Photo Gallery

Elon Musk Musk has mostly tweeted himself out of the top spot on the ranks, with Tesla stock down nearly 50% since he announced his $44 billion takeover of Twitter last April, far outpacing the tech-heavy Nasdaq’s 18% drop. Investors have bemoaned the $23 billions of Tesla shares he sold to finance the acquisition. SpaceX, meanwhile, keeps soaring, with the company valued at nearly $140 billion in a tender offer that closed in early 2023—up from the $127 billion at which investors valued it last May. Still, Musk is worth $39 billion less than a year ago. Net worth: $180 Billion  Source of Wealth: Tesla, SpaceX Age: 51 Citizenship: United States Photo Gallery

  Bernard Arnault & family The French luxury goods tycoon tops the World’s Billionaires list for the first time on the back of a banner year at LVMH, which owns Louis Vuitton, Christian Dior and Tiffany & Co., among others. Revenue, profit and LVMH shares all sit at record highs, helping add $53 billion to Arnault’s fortune over the past 12 months, the biggest gain of any billionaire. Wealthier than ever, Arnault is now planning for succession: In July, he proposed a reorganization of his holding company, Agache, which holds the bulk of his LVMH stock, to give equal stakes to his five children. Net worth: $211 Billion Source of Wealth: LVMH Age: 74 Citizenship: France Photo Gallery

The 5 Richest People in the World 2023 top 5 richest people in the world 2023 report Here are the top 5 richest people on the 2023 World’s Billionaires list according to Forbes: Bernard Arnault & family (Net worth: $211 Billion) Elon Musk (Net worth: $180 Billion) Jeff Bezos (Net worth: $114 Billion) Larry Ellison (Net worth: $107 Billion) Warren Buffett (Net worth: $106 Billion) Photo Gallery

Who has the most followers on Instagram? The top 5 most followed Instagram accounts in the world. According to latest check on Instagram (November 2023), here are the top five most followed accounts on Instagram: Instagram , (662 million followers) Cristiano Ronaldo , (611 million followers) Lionel Messi , (492 million followers) Selena Gomez , (430 million followers) Kylie Jenner , (398 million followers)