Diego Segura

The acquisition of Tiffany & Co in 2021 was the largest contributor to LVMH’s growth over the historic period. This move allowed the company to rank third in jewellery and eighth in traditional and connected watches globally. The luxury jewellery brand brought USD6 billion of additional sales for LVMH in 2021 and turned Tiffany & Co into the... See more

BW: We’ll say “in his private life he is taken. In business, he’s on the dating apps.”

PD: Open marriage.

While Lemonade’s growth has been steep, so too has its learning curve. At the end of 2017, its loss ratio—the amount it pays in claims divided by the premiums it collects—was an unsustainable 166%, compared to 65% to 70% for large insurers.

“It was fun winning all the CFDA awards. What evaded was creating a real business.”

Last fall, as the panic heated up, hardly anyone had heard of Meredith Whitney. ``I guess my clients knew who I was,'' she says, ``but the rest of the world -- I don't think so.''

I have a gut sense that a Paramount Global overseen by Sumner Redstone , instead of his daughter, Shari , would have reached a different conclusion. After all, what is now known as Paramount Global was built on Sumner’s litigation risk-reward calculus.

“I toggle between hopelessness and determination every 10 minutes,” she says. “I persevere because greatness and supremacy over this very tedious and silly enterprise is simply my destiny.”