Saturday, July 2, 2011
Dr. Vijay Mallya’s Life Style
Vijay Mallya is the owner of the Formula 1 team ‘Force India,’ got his first Ferrari at age 4 from his father. Of course, it was a child’s version. Force India was formed in October 2007 when a consortium led by Indian businessman Vijay Mallya and Michiel Mol bought the Spyker F1 team for € 88 million.
He also owns the Bangalore Royal Challengers Team. And Kingfisher Calendar is an annual extravaganza.
Some Interesting Facts about Dr. Vijay Mallya’s Life Style:
- The entire partying image, Mallya’s a very religious man. He goes on the Sabarimala pilgrimage every year and on the last stretch walks barefoot like any other devotee.
- The King of Good Times makes sure that every aircraft he buys, first goes to Tirupati
- Mallya loves jewellery. He sports a huge, diamond studded ‘VJM,’ bracelet on his right hand, a huge diamond, ruby and emerald pendant of Lord Venkateshwara. On his ears are eye popping solitaires that belonged to his grand mother.
- Loves coastal food. Favourite being Mangalorean specialities like ‘Kane rava,’ (Kane fish in rava batter), ‘Kori gasi,”( Chicken curry), appams and sannas.
- His favourite wine is Ferrari Carano and his favourite cigar is café crème blue
- VIJAY MALLYA has won trophies on the professional car racing circuits and is a keen Yachtman and aviator. He is involved in a variety of sport by way of personal participation as well as promotion of sport and cultural activities by steering varius sponsorships. Amongest his museum collection of historic rare automobiles are Jaguars, Ferraris, Alfa Romeos and Mercedes Benz.
Businessman rescued - Abductor killed by police
A 30-year-old businessman of Chinese descent was yesterday rescued in a dramatic police operation in St Catherine and his kidnapper killed, a day after his abduction in the parish of Clarendon.
An illegal firearm with several rounds of ammunition was recovered during the early afternoon rescue operation at 52 King Street in the volatile inner-city community of Rivoli in the old capital of Spanish Town, St Catherine.
Assistant Commissioner of Police Elan Powell told the Observer that the businessman was unharmed.
At the same time, Powell, who heads the Criminal Investigation Branch, refused to divulge any information about the rescue operation or the circumstances under which the businessman was kidnapped.
"Police are still gathering information in this case, but what we can say at this time is that the victim was found unharmed. No ransom was paid for his return," said Powell.
Last night, police sources said that a request for over $500,000 was made for the businessman's safe return.
Thursday's kidnapping comes just more than a week after a Kingston businessman was kidnapped from the upper St Andrew community of Norbrook. His vehicle was rammed from behind by his abductors.
The Kingston businessman was rescued by the police hours later in Passagefort, Portmore, St Catherine community. Fifteen people have since been detained.
Following the rescue of the Kingston businessman, the police said that the abductors belonged to a kidnapping gang operating between Kingston and Portmore.
But yesterday, the police said there was no initial evidence to indicate that the two incidents were related.
Investigators suspect that Thursday's kidnapping was carried out by a gang in Clarendon.
Hours after the rescue, Powell said that the police would be intensifying efforts to arrest criminals who were looking to get involved in this sort of crime.
"We are not going to sit back and allow criminals to make this crime into a trend," said Powell. "We are therefore issuing a strong warning to criminals out there that the police will be on the look out for them.
An illegal firearm with several rounds of ammunition was recovered during the early afternoon rescue operation at 52 King Street in the volatile inner-city community of Rivoli in the old capital of Spanish Town, St Catherine.
Assistant Commissioner of Police Elan Powell told the Observer that the businessman was unharmed.
At the same time, Powell, who heads the Criminal Investigation Branch, refused to divulge any information about the rescue operation or the circumstances under which the businessman was kidnapped.
"Police are still gathering information in this case, but what we can say at this time is that the victim was found unharmed. No ransom was paid for his return," said Powell.
Last night, police sources said that a request for over $500,000 was made for the businessman's safe return.
Thursday's kidnapping comes just more than a week after a Kingston businessman was kidnapped from the upper St Andrew community of Norbrook. His vehicle was rammed from behind by his abductors.
The Kingston businessman was rescued by the police hours later in Passagefort, Portmore, St Catherine community. Fifteen people have since been detained.
Following the rescue of the Kingston businessman, the police said that the abductors belonged to a kidnapping gang operating between Kingston and Portmore.
But yesterday, the police said there was no initial evidence to indicate that the two incidents were related.
Investigators suspect that Thursday's kidnapping was carried out by a gang in Clarendon.
Hours after the rescue, Powell said that the police would be intensifying efforts to arrest criminals who were looking to get involved in this sort of crime.
"We are not going to sit back and allow criminals to make this crime into a trend," said Powell. "We are therefore issuing a strong warning to criminals out there that the police will be on the look out for them.
Thursday, June 16, 2011
Good Morning Todays Top News
CAIRO (Reuters) - Egypt's military prosecutor has decided to release a prominent businessman who had been accused of inciting violence against anti-government protesters, the state news agency said on Thursday.
Ibrahim Kamel, a senior member in the old ruling National Democratic Party, had been arrested on April 10 on charges of inciting thugs to attack protesters in Tahrir Square, the site of demonstrations that ousted President Hosni Mubarak.
The prosecutor decided to release Kamel because of a lack of evidence against him, the agency MENA said, without adding details.
The report quoted an official source as saying the release "assured transparency" and that it was possible Kamel could be summoned again if the public prosecutor requested it.
Kamel had been a member on the board of real estate firm Egyptian Resorts, but was removed from the position last month.
Ibrahim Kamel, a senior member in the old ruling National Democratic Party, had been arrested on April 10 on charges of inciting thugs to attack protesters in Tahrir Square, the site of demonstrations that ousted President Hosni Mubarak.
The prosecutor decided to release Kamel because of a lack of evidence against him, the agency MENA said, without adding details.
The report quoted an official source as saying the release "assured transparency" and that it was possible Kamel could be summoned again if the public prosecutor requested it.
Kamel had been a member on the board of real estate firm Egyptian Resorts, but was removed from the position last month.
Shahrukh Khan is a smart businessman.
He is a frustrated sportsman as he says which he vents out in his movies. He is the most successful star in the Bollywood fraternity. He is living many lives kingsize. He is there everywhere promoting F1 races, golf, hockey, football, movies, cricket, endorsements..ahem! No wonder, he is the King Khan. Management gurus and financial magazines are stating that SRK is a fine businessman as well. But the King Khan begs to differ.
In a report to Times of India Shahrukh Khans states, “People only look at the successes that I have had and think I’m a skilled businessman. It’s all crap. I have faced a lot of failures. When I first started my production company, everyone wrote it off. When Phir Bhi Dil Hai Hindustani was released, it was written off instantly, and I remember headlines that said ‘Dreams turn into nightmares’, ‘Dreams gone down in dumps’. And, I started an internet company that went into nothing, complete zilch..”
But Shahrukh Khan has always maintained that however down the pits he had been in business, he had never taken a loan. Taking a fig from his mother’s advice, SRK believes in “air utne phailao jitni chadar ha” As he says,” , whenever I have had the chadar fall short, I have tried to stretch it by working more, by dancing more, by doing whatever it takes — but making sure that whoever has done a job with me, gets value for money. I’m old fashioned when it comes to money. I don’t even take an advance for a film that I do. I don’t do a business if I can’t afford it. Even the IPL investment — I have only been able to do because of all the guys who have come aboard and put in money with me. Hopefully, I will not lose here.””
s.Shahrukh Khan is very middle class in his thoughts and outfits. The black suits that he wears are the same, only the ties keep changing. The designer clothes are courtesy his movies. SRK states the money that he has earned from Kya Aap Paanchvi Pass Se Tez Hain ? has been pooled into IPL. Same as the money he earned from Kaun Banega Crorepati has been pooled in Om Shanti Om. Money goes back to work, as he say
He is a frustrated sportsman as he says which he vents out in his movies. He is the most successful star in the Bollywood fraternity. He is living many lives kingsize. He is there everywhere promoting F1 races, golf, hockey, football, movies, cricket, endorsements..ahem! No wonder, he is the King Khan. Management gurus and financial magazines are stating that SRK is a fine businessman as well. But the King Khan begs to differ.
In a report to Times of India Shahrukh Khans states, “People only look at the successes that I have had and think I’m a skilled businessman. It’s all crap. I have faced a lot of failures. When I first started my production company, everyone wrote it off. When Phir Bhi Dil Hai Hindustani was released, it was written off instantly, and I remember headlines that said ‘Dreams turn into nightmares’, ‘Dreams gone down in dumps’. And, I started an internet company that went into nothing, complete zilch..”
But Shahrukh Khan has always maintained that however down the pits he had been in business, he had never taken a loan. Taking a fig from his mother’s advice, SRK believes in “air utne phailao jitni chadar ha” As he says,” , whenever I have had the chadar fall short, I have tried to stretch it by working more, by dancing more, by doing whatever it takes — but making sure that whoever has done a job with me, gets value for money. I’m old fashioned when it comes to money. I don’t even take an advance for a film that I do. I don’t do a business if I can’t afford it. Even the IPL investment — I have only been able to do because of all the guys who have come aboard and put in money with me. Hopefully, I will not lose here.””
s.Shahrukh Khan is very middle class in his thoughts and outfits. The black suits that he wears are the same, only the ties keep changing. The designer clothes are courtesy his movies. SRK states the money that he has earned from Kya Aap Paanchvi Pass Se Tez Hain ? has been pooled into IPL. Same as the money he earned from Kaun Banega Crorepati has been pooled in Om Shanti Om. Money goes back to work, as he say
Shah Rukh Khan has confirmed that the $2.2 billion property project named after him in Ras Al Khaimah is on hold. Do you think it will ever be revived?
When Bollywood actor Shah Rukh Khan announced his first real estate venture, an AED8 billion property development in Ras Al Khaimah named after him, he was gushing with excitement.
“Shah Rukh Khan Boulevard is my tribute to the love and affection shown by the people of the UAE to Indian cinema,” he said during the launch of the project in October 2008. “My vision for the project is to make life a celebration. I have lent my name to the project and I intend to share and transfer my passion for design and living spaces into this world class community that residents will be proud of,” he said.
“It’s not just like endorsing some other product. It’s more than that,” Khan said at the time.
Fast forward to 2010, and the actor – who was back in Dubai to promote his latest movie – confirmed that the project is now on hold.
“To be honest, it kind of fell through at that point in time,” Khan told Emirates Business, adding that he would still like to be a part of the project. “Because I would like it to be; and times will change and become better, so whatever service I can provide I will offer,” he said.
“It’s never always about just the money part that you make – I think it’s just one of those things we never foresaw. Nobody foresaw. I would like to continue on the project, but it is definitely on hold right now,” he said.
However, Shah Rukh Khan Boulevard, which was being developed by TSA Group, is not the only development to have ground to a halt. Several projects across the UAE have been put on hold because of the financial crisis.
When Bollywood actor Shah Rukh Khan announced his first real estate venture, an AED8 billion property development in Ras Al Khaimah named after him, he was gushing with excitement.
“Shah Rukh Khan Boulevard is my tribute to the love and affection shown by the people of the UAE to Indian cinema,” he said during the launch of the project in October 2008. “My vision for the project is to make life a celebration. I have lent my name to the project and I intend to share and transfer my passion for design and living spaces into this world class community that residents will be proud of,” he said.
“It’s not just like endorsing some other product. It’s more than that,” Khan said at the time.
Fast forward to 2010, and the actor – who was back in Dubai to promote his latest movie – confirmed that the project is now on hold.
“To be honest, it kind of fell through at that point in time,” Khan told Emirates Business, adding that he would still like to be a part of the project. “Because I would like it to be; and times will change and become better, so whatever service I can provide I will offer,” he said.
“It’s never always about just the money part that you make – I think it’s just one of those things we never foresaw. Nobody foresaw. I would like to continue on the project, but it is definitely on hold right now,” he said.
However, Shah Rukh Khan Boulevard, which was being developed by TSA Group, is not the only development to have ground to a halt. Several projects across the UAE have been put on hold because of the financial crisis.
Actor Become a Top Class Businessman
Shahrukh Khan, the superstar. Probably because of my nature of trying not to do what everybody is doing. Or may be because of my taste in 'different' type of movies. Probably this 'taste' of mine can be explained by not only the movies I watch, but also the ones I leave. Om Shanti Om and Race being in the top league of the latter.
Then the times changed, and I started liking the work of the Khan. Actually I had loved his work in Kuch Kuch Hota Hai itself, but I started really admiring the actor after seeing Swades. Then came the undoubtedly wonderful Chak de India and I admired him more.
But I never became a fan of Shahrukh Khan, the actor. Still, Shahrukh Khan, the brand and Shahrukh Khan, the businessman, are making me his fan.
A few months back I got the inner and outer world of Shahrukh Khan. It was one of the things that brought the change. The way Shahrukh Khan presents himself, the I-don't-care-what-u-think attitude has always appealed to me, but the things he told in his inner world almost touched me. I still remember a few lines of his from the CD, which say "Nothing in this world is permanent. This is, hundred percent, a lifetime of it's own. It has a beginning, and it has an end." I do not know if those dialogues came out of some dialogue writer's pen, which does not hold a very high probability, but I started watching out for almost everything he says in public and I found myself being a fan of him.
Once I had got a point in a debate in my hostel that Shahrukh Khan is a person who has established himself and now after doing a lot of crap movies, (sorry fans) he is one person who can risk doing a Paheli. I very much agreed to the point. In fact, recently I read he admits that his friend Vivek Vaswani had asked him to 'first become a star and then become an actor'.
And now, the brand SRK has jumped into an all new area with the IPL. He has finally become a complete businessman now if he was not yet one.
His ways of working are also clear from the fact that he did not have any awards for his home production Om Shanti Om as it is clear to him that it will only be a bad for his image to win a prize for such a crappy movie. Of course, I do not doubt he could have got it had he tried it.
Well, now that I am almost a fan of him, I can talk a lot about him. But I think it's enough for now.
By the way, I'll surely be waiting for the new image of my favorite brand SRK at 'Kya Aap Panchvi Pass Se Tez Hain?' while singing karbo, larbo, jitbo re.
Then the times changed, and I started liking the work of the Khan. Actually I had loved his work in Kuch Kuch Hota Hai itself, but I started really admiring the actor after seeing Swades. Then came the undoubtedly wonderful Chak de India and I admired him more.
But I never became a fan of Shahrukh Khan, the actor. Still, Shahrukh Khan, the brand and Shahrukh Khan, the businessman, are making me his fan.
A few months back I got the inner and outer world of Shahrukh Khan. It was one of the things that brought the change. The way Shahrukh Khan presents himself, the I-don't-care-what-u-think attitude has always appealed to me, but the things he told in his inner world almost touched me. I still remember a few lines of his from the CD, which say "Nothing in this world is permanent. This is, hundred percent, a lifetime of it's own. It has a beginning, and it has an end." I do not know if those dialogues came out of some dialogue writer's pen, which does not hold a very high probability, but I started watching out for almost everything he says in public and I found myself being a fan of him.
Once I had got a point in a debate in my hostel that Shahrukh Khan is a person who has established himself and now after doing a lot of crap movies, (sorry fans) he is one person who can risk doing a Paheli. I very much agreed to the point. In fact, recently I read he admits that his friend Vivek Vaswani had asked him to 'first become a star and then become an actor'.
And now, the brand SRK has jumped into an all new area with the IPL. He has finally become a complete businessman now if he was not yet one.
His ways of working are also clear from the fact that he did not have any awards for his home production Om Shanti Om as it is clear to him that it will only be a bad for his image to win a prize for such a crappy movie. Of course, I do not doubt he could have got it had he tried it.
Well, now that I am almost a fan of him, I can talk a lot about him. But I think it's enough for now.
By the way, I'll surely be waiting for the new image of my favorite brand SRK at 'Kya Aap Panchvi Pass Se Tez Hain?' while singing karbo, larbo, jitbo re.
Tuesday, June 14, 2011
Top 10 Richest Person In World
(Reuters) - Mexican tycoon Carlos Slim is the richest person in the world for the second year in a row, Forbes said on Wednesday.
Here is the Forbes 2011 ranking of the top 10:
1. Carlos Slim (Mexico) - $74 billion, telecommunications
Slim, 71, first showed a business talent as a 10-year-old selling drinks and snacks to his family. After studying engineering, he founded a real estate company and worked as a trader on the Mexican stock exchange. Cigar-smoking Slim is known for a "Midas touch" in acquiring struggling firms and turning them into cash cows.
His enormous wealth contrasts starkly with his frugal lifestyle. He has lived in the same house for about 40 years and drives an aging Mercedes Benz, although it is armored and trailed by bodyguards.
He has become involved in combating poverty, illiteracy and poor healthcare in Latin America and promotes sports projects for the poor, but has never voiced plans to give away large chunks of his wealth to charity.
2. Bill Gates (USA) - $56 billion, Microsoft
Sensing the start of a personal computer revolution, Gates, 55, dropped out of Harvard University in 1975 to start Microsoft and pursue a vision of a computer on every desk and in every home. Microsoft went public in 1986 and by the next year, the soaring stock made Gates, at age 31, the youngest self-made billionaire.
In 2008 he stepped down from what is now the world's largest software firm to work at The Bill and Melinda Gates Foundation. He has given $28 billion to it.
Together with his wife Melinda and Warren Buffett, he has also convinced 57 U.S. billionaires to sign up to the Giving Pledge and publicly vow to give away at least 50 percent of their fortune during their lifetime or upon their death.
3. Warren Buffett (USA) - $50 billion, Berkshire Hathaway
Buffett, 80, has run his Omaha, Nebraska-based conglomerate since 1965. Its interests run from railroads to ice cream.
In 2006 he pledged to give away 99 percent of his wealth to the Bill and Melinda Gates Foundation and family charities. So far he has given $8 billion to the Gates Foundation.
4. Bernard Arnault (France) - $41 billion, LVMH
Arnault, 62, a friend of French president Nicolas Sarkozy, was educated at the prestigious Ecole Polytechnique and joined his father's construction company at 25. He earned the reputation of a ruthless corporate raider after pushing out shareholder rivals when he started building the LVMH group in the 1990s with the Louis Vuitton, Moet and Hennessy brands.
It is now the world's biggest luxury goods group. His image as a predator stuck to him afterward when he fought in vain to acquire Gucci in 1999 and 2000. Then this week he snapped up Roman jeweler Bulgari for $5.18 billion.
5. Larry Ellison (USA) - $39.5 billion, Oracle Corp
Ellison, the flamboyant Oracle founder and CEO, is known for his free, public outbursts against rivals such as German software maker SAP AG. The executive, supposedly a model for the "Iron Man" movie character Tony Stark, late last year attacked Hewlett Packard and its board for the abrupt and -- he said -- unfair sacking of longtime friend Mark Hurd. Ellison then hired him.
Ellison, who won yachting's America's Cup last year, is considered one of the "old guard" of Silicon Valley.
6. Lakshmi Mittal (India) - $31.1 billion, steel
London-based steel tycoon Mittal, 60, runs ArcelorMittal, the world's largest steel manufacturer.
Mittal's firm is largely funding a $29 million spiraling red tower, designed by Turner prize-winning artist Anish Kapoor and taller than New York's Statue of Liberty, that will soar over London's Olympic Park for the 2012 games.
In 2005 he spent $10 million to promote sporting talent and encourage potential Olympians in his homeland after he was disappointed by India's lone medal at the Athens Games.
7. Amancio Ortega (Spain) - $31 billion, retail
Amancio Ortega, 74, started his clothing business in the 1960s making dressing gowns in his garage in La Coruna. His company Inditex owns the Zara fashion house and is now the world's biggest clothing retailer. Ortega closely guards his privacy and does not give media interviews. He announced in January that he plans to step down as chairman of the company.
8. Eike Batista (Brazil) - $30 billion, mining, oil
A half-German college dropout who for years struggled to emerge from the shadow of his well-known father, Batista has long said he wants nothing less than to be Brazil's and the world's richest person. Everything about the 53-year-old -- from the Mercedes-Benz SLR McLaren sports car he keeps as decoration in his parlor to the "X" in the name of all his companies that represents wealth multiplication -- screams of unashamed ambition.
A top-class speedboat racer who was married to a famous Rio de Janeiro Carnival queen, Batista dined with U.S. pop star Madonna in Rio last year and, according to local reports, handed her a check over dinner for $7 million as a donation for her social projects.
He has a burning ambition to transform Rio into a modern, thriving city. Just before Rio was awarded the 2016 Olympic Games, he bought up a nearby marina that will be a hub of the games -- an example of his eye for a well timed deal.
9. Mukesh Ambani (India) - $27 billion, petrochemicals, oil and gas
A chemical engineer by training, Mukesh, 53, dropped out of an MBA from Stanford University and joined Reliance in 1981.
Mukesh, who said in 2009 he would take a two-thirds pay cut after the Indian prime minister's comments on "vulgar salaries," gave his wife a private jet on her birthday. He also splashed out $1 billion on a 27-story home. He has a volatile relationship with his younger brother Anil, and they have fought over interests from oil and gas, retail, telecoms, entertainment, financial services to infrastructure.
10. Christy Walton & family (USA) - $26.5 billion, Wal-Mart
Christy Walton is the widow of John Walton, who was the son of Wal-Mart founder Sam Walton. Sam Walton built the global Wal-Mart empire from a single dime store in Arkansas. It is now the world's largest retailer.
Here is the Forbes 2011 ranking of the top 10:
1. Carlos Slim (Mexico) - $74 billion, telecommunications
Slim, 71, first showed a business talent as a 10-year-old selling drinks and snacks to his family. After studying engineering, he founded a real estate company and worked as a trader on the Mexican stock exchange. Cigar-smoking Slim is known for a "Midas touch" in acquiring struggling firms and turning them into cash cows.
His enormous wealth contrasts starkly with his frugal lifestyle. He has lived in the same house for about 40 years and drives an aging Mercedes Benz, although it is armored and trailed by bodyguards.
He has become involved in combating poverty, illiteracy and poor healthcare in Latin America and promotes sports projects for the poor, but has never voiced plans to give away large chunks of his wealth to charity.
2. Bill Gates (USA) - $56 billion, Microsoft
Sensing the start of a personal computer revolution, Gates, 55, dropped out of Harvard University in 1975 to start Microsoft and pursue a vision of a computer on every desk and in every home. Microsoft went public in 1986 and by the next year, the soaring stock made Gates, at age 31, the youngest self-made billionaire.
In 2008 he stepped down from what is now the world's largest software firm to work at The Bill and Melinda Gates Foundation. He has given $28 billion to it.
Together with his wife Melinda and Warren Buffett, he has also convinced 57 U.S. billionaires to sign up to the Giving Pledge and publicly vow to give away at least 50 percent of their fortune during their lifetime or upon their death.
3. Warren Buffett (USA) - $50 billion, Berkshire Hathaway
Buffett, 80, has run his Omaha, Nebraska-based conglomerate since 1965. Its interests run from railroads to ice cream.
In 2006 he pledged to give away 99 percent of his wealth to the Bill and Melinda Gates Foundation and family charities. So far he has given $8 billion to the Gates Foundation.
4. Bernard Arnault (France) - $41 billion, LVMH
Arnault, 62, a friend of French president Nicolas Sarkozy, was educated at the prestigious Ecole Polytechnique and joined his father's construction company at 25. He earned the reputation of a ruthless corporate raider after pushing out shareholder rivals when he started building the LVMH group in the 1990s with the Louis Vuitton, Moet and Hennessy brands.
It is now the world's biggest luxury goods group. His image as a predator stuck to him afterward when he fought in vain to acquire Gucci in 1999 and 2000. Then this week he snapped up Roman jeweler Bulgari for $5.18 billion.
5. Larry Ellison (USA) - $39.5 billion, Oracle Corp
Ellison, the flamboyant Oracle founder and CEO, is known for his free, public outbursts against rivals such as German software maker SAP AG. The executive, supposedly a model for the "Iron Man" movie character Tony Stark, late last year attacked Hewlett Packard and its board for the abrupt and -- he said -- unfair sacking of longtime friend Mark Hurd. Ellison then hired him.
Ellison, who won yachting's America's Cup last year, is considered one of the "old guard" of Silicon Valley.
6. Lakshmi Mittal (India) - $31.1 billion, steel
London-based steel tycoon Mittal, 60, runs ArcelorMittal, the world's largest steel manufacturer.
Mittal's firm is largely funding a $29 million spiraling red tower, designed by Turner prize-winning artist Anish Kapoor and taller than New York's Statue of Liberty, that will soar over London's Olympic Park for the 2012 games.
In 2005 he spent $10 million to promote sporting talent and encourage potential Olympians in his homeland after he was disappointed by India's lone medal at the Athens Games.
7. Amancio Ortega (Spain) - $31 billion, retail
Amancio Ortega, 74, started his clothing business in the 1960s making dressing gowns in his garage in La Coruna. His company Inditex owns the Zara fashion house and is now the world's biggest clothing retailer. Ortega closely guards his privacy and does not give media interviews. He announced in January that he plans to step down as chairman of the company.
8. Eike Batista (Brazil) - $30 billion, mining, oil
A half-German college dropout who for years struggled to emerge from the shadow of his well-known father, Batista has long said he wants nothing less than to be Brazil's and the world's richest person. Everything about the 53-year-old -- from the Mercedes-Benz SLR McLaren sports car he keeps as decoration in his parlor to the "X" in the name of all his companies that represents wealth multiplication -- screams of unashamed ambition.
A top-class speedboat racer who was married to a famous Rio de Janeiro Carnival queen, Batista dined with U.S. pop star Madonna in Rio last year and, according to local reports, handed her a check over dinner for $7 million as a donation for her social projects.
He has a burning ambition to transform Rio into a modern, thriving city. Just before Rio was awarded the 2016 Olympic Games, he bought up a nearby marina that will be a hub of the games -- an example of his eye for a well timed deal.
9. Mukesh Ambani (India) - $27 billion, petrochemicals, oil and gas
A chemical engineer by training, Mukesh, 53, dropped out of an MBA from Stanford University and joined Reliance in 1981.
Mukesh, who said in 2009 he would take a two-thirds pay cut after the Indian prime minister's comments on "vulgar salaries," gave his wife a private jet on her birthday. He also splashed out $1 billion on a 27-story home. He has a volatile relationship with his younger brother Anil, and they have fought over interests from oil and gas, retail, telecoms, entertainment, financial services to infrastructure.
10. Christy Walton & family (USA) - $26.5 billion, Wal-Mart
Christy Walton is the widow of John Walton, who was the son of Wal-Mart founder Sam Walton. Sam Walton built the global Wal-Mart empire from a single dime store in Arkansas. It is now the world's largest retailer.
Carlos Slim Life
Mexican billionaire Carlos Slim has emerged the richest person in the world with $53.5 billion in assets, while Indian industrialist Mukesh Ambani, chief of Reliance Industries, ranks fourth with $29 billion in U.S. magazine Forbes' annual list of the world's top billionaires.
Mr. Slim is followed by William Gates III (popularly known as Bill Gates), with a net worth of $53 billion, and Warren Buffet in the third spot with assets worth $47 billion.
NRI billionaire Lakshmi Mittal ranks fifth with a net worth of $28.7 billion, while Mr. Ambani's younger brother Anil Ambani is at the 36th spot with $13.7 billion.
1,011 billionaires
There are 1,011 billionaires in the world now, up from 793 a year ago.
Mr. Gates has held the top spot for 14 of the past 15 years. “The Microsoft founder is now worth $53 billion, up $13 billion from a year ago,” Forbes said.
The U.S. has 403 billionaires — the most in the world — followed by China, which beat Russia to grab the second spot.
Although China has a larger number of billionaires than India, 10 of Asia's top 25 are Indian, while China has one. Hong Kong and Japan each have five.
New York has more billionaires than any other city.
The youngest billionaire — with a net worth of $4 billion — is 25-year-old Mark Zuckerberg, the creator of social networking website Facebook.
The list of Indian billionaires include Mukesh Ambani and Mr. Mittal in the top two, along with Azim Premji ($17 billion), Anil Ambani ($13.7 billion), Shashi and Ravi Ruia ($13 billion), Savitri Jindal ($12.2 billion), Kushal Pal Singh ($9 billion), Kumar Birla ($7.9 billion), Sunil Mittal ($7.8 billion) and Anil Agarwal ($6.4 billion).
Mukesh Ambani has retained the title of being the world's richest Indian for the second consecutive year.
Leading the group of 50 Indians in the list, Mr. Ambani has added over $9.5 billion to his net worth in the past 12 months. Mr. Mittal, who ranks fifth, has gained over $9 billion in the last year.
Mr. Premji, at the 28th place, has seen his rank skyrocket from the 83rd position last year with an addition of over $11.3 billion.
Mr. Ambani's brother Anil, who was ranked at the 34th position in 2009, slipped two positions below to the 36th spot despite an increase of $3.6 billion in his net worth.
Shashi and Ravi Ruia, the promoters of the Essar Group, are ranked at the 40th position, up from 86th last year. The cumulative wealth of Indian billionaires has jumped by $118.9 billion and now stands at about $227.9 billion. The Indian presence has doubled to 50 (from 24 a year ago) in the club
Mr. Slim is followed by William Gates III (popularly known as Bill Gates), with a net worth of $53 billion, and Warren Buffet in the third spot with assets worth $47 billion.
NRI billionaire Lakshmi Mittal ranks fifth with a net worth of $28.7 billion, while Mr. Ambani's younger brother Anil Ambani is at the 36th spot with $13.7 billion.
1,011 billionaires
There are 1,011 billionaires in the world now, up from 793 a year ago.
Mr. Gates has held the top spot for 14 of the past 15 years. “The Microsoft founder is now worth $53 billion, up $13 billion from a year ago,” Forbes said.
The U.S. has 403 billionaires — the most in the world — followed by China, which beat Russia to grab the second spot.
Although China has a larger number of billionaires than India, 10 of Asia's top 25 are Indian, while China has one. Hong Kong and Japan each have five.
New York has more billionaires than any other city.
The youngest billionaire — with a net worth of $4 billion — is 25-year-old Mark Zuckerberg, the creator of social networking website Facebook.
The list of Indian billionaires include Mukesh Ambani and Mr. Mittal in the top two, along with Azim Premji ($17 billion), Anil Ambani ($13.7 billion), Shashi and Ravi Ruia ($13 billion), Savitri Jindal ($12.2 billion), Kushal Pal Singh ($9 billion), Kumar Birla ($7.9 billion), Sunil Mittal ($7.8 billion) and Anil Agarwal ($6.4 billion).
Mukesh Ambani has retained the title of being the world's richest Indian for the second consecutive year.
Leading the group of 50 Indians in the list, Mr. Ambani has added over $9.5 billion to his net worth in the past 12 months. Mr. Mittal, who ranks fifth, has gained over $9 billion in the last year.
Mr. Premji, at the 28th place, has seen his rank skyrocket from the 83rd position last year with an addition of over $11.3 billion.
Mr. Ambani's brother Anil, who was ranked at the 34th position in 2009, slipped two positions below to the 36th spot despite an increase of $3.6 billion in his net worth.
Shashi and Ravi Ruia, the promoters of the Essar Group, are ranked at the 40th position, up from 86th last year. The cumulative wealth of Indian billionaires has jumped by $118.9 billion and now stands at about $227.9 billion. The Indian presence has doubled to 50 (from 24 a year ago) in the club
A Day In Bill Gates Life
Last week, we got to take a virtual tour of Bill Gates' home. This week, we get to take a look at how Gates works. While his house was filled with fancy gadgets and huge rooms, his daily work day is not nearly as extravagant. Gates gave CNN Money a brief write-up about his daily happenings and the technology that he leverages to get through the day, and it is surprisingly tame.
The average day in the life of Bill Gates consists of attending meetings and reading e-mail. He has three monitors in his office that contain his inbox, the current e-mail he is reading, and a browser, respectively. Gates receives about 100 e-mails per day that he reads, although many unknown e-mails are filtered out by his personal assistant. For a man that runs one of the most powerful companies in the world, that may not be as many as you would have thought. Nevertheless, he still runs into information overload.
Staying focused is one issue; that's the problem of information overload. The other problem is information underload. Being flooded with information doesn't mean we have the right information or that we're in touch with the right people.
What is a man to do when there is more news than there is time? If that man is Bill Gates, he turns to SharePoint.
SharePoint puts me in touch with lots of people deep in the organization. It's like having a super-website that lets many people edit and discuss—far more than the standard practice of sending e-mails with enclosures. And it notifies you if anything comes up in an area you're interested in.
Recently, Gates has been preparing for ThinkWeek, where he will read over 100 different papers from Microsoft employees which focus on topics ranging from the company's future to the future of technology in general. After reading the papers, he posts comments that are available to the entire company, and SharePoint helps keep everything organized.
Other pieces of technology that Gates uses almost daily include his TabletPC, OneNote, and desktop search software, most likely Windows Desktop Search. Even though he is surrounded by vast amounts of technology, Gates admits that he still uses whiteboards from time to time. The catch is that some whiteboards within Microsoft can have their screens captured and uploaded to a digital medium. But Gates doesn't have one of those, yet.
When the day has come and gone, Gates puts the kids to bed, and, get this, he reads his e-mail! There's no better way to relax than by reading e-mails that may have slipped past you during the day, right? Yeesh.
Now that you have an idea of how Microsoft's head honcho lives out his day, do you feel that you can relate? I do. Like a lot of us, his day is filled with meetings and technology. That's just the way the IT industry works whether you are providing tech support or managing a multi-billion dollar company.
Business Day
A business day is considered every official working day of the week. Another common term is working day. Typically, these are the days between and including Monday to Friday and do not include public holidays and weekends.
The definition of a business day varies by region. It depends on the local workweek which is dictated by local customs, religions, and business operations. For example, in Saudi Arabia, the business day is usually Saturday to Wednesday, whereas in the United States and much of the Western world it is typically Monday to Friday.
Business days are commonly used by shipping companies when determining the arrival date of a package. If a firm such as FedEx ships a parcel on a Thursday that will be delivered in "two business days", it will therefore arrive on a Monday assuming that both Friday and Monday are not holidays.
The definition of a business day varies by region. It depends on the local workweek which is dictated by local customs, religions, and business operations. For example, in Saudi Arabia, the business day is usually Saturday to Wednesday, whereas in the United States and much of the Western world it is typically Monday to Friday.
Business days are commonly used by shipping companies when determining the arrival date of a package. If a firm such as FedEx ships a parcel on a Thursday that will be delivered in "two business days", it will therefore arrive on a Monday assuming that both Friday and Monday are not holidays.
Businessman
A businessperson (also businessman or businesswoman) is an entrepreneur or someone who is involved in the management of a company esp as an owner or executive. Sometimes it can also mean someone employed at a (usually) profit-oriented enterprise. The term businessperson almost always refers to someone with a "white collar" occupation.
life of businessman
The extravagant lifestyle of a businessman at the centre of a £400 million divorce battle was revealed today as the case heads for the High Court.
Scot Young, who claims he is penniless after losing his vast fortune, faces jail if he cannot account for the missing money at a hearing today.
Speaking before the case, his estranged wife Michelle told how Mr Young used to shower her with expensive gifts, spent £1 million a year on clothes for himself and bought a new luxury car every six weeks.
The property tycoon, 48, owned some of England's finest houses and a yacht in Monaco and travelled the world on Concorde or private jet.
Mr Young, who is close friends with Topshop boss Sir Philip Green and billionaire oligarch Boris Berezovsky, told an earlier court hearing he has lost every penny of his former wealth and was given until today to produce documents.
But Mrs Young warned she is determined to prove he is hiding some of his fortune and has hired a team of experts to gather evidence.
The former model, 45, said she used to get her weekly food shopping delivered from Harrods to the £21 million Oxfordshire mansion where the family lived until the marriage broke down in 2006.
Mrs Young said: “There was really no limit to what I could spend. I could have anything I wanted. I never had fewer than three luxury cars, including a Hummer just to take my dogs to the vet.”
Once, she said, her husband bought her a Range Rover filled with tens of thousands of pounds worth of couture dresses by designer Maria Grachvogel.
For her 40th birthday, he lavished her with £1 million worth of Graff diamond jewellery. For Christmas he bought her a Damian Hirst sketch.
The couple filled their home with £4 million of antique furniture and their two daughters, Scarlet, now 16, and Sasha, 14, had Arabian horses to ride on their 200-acre estate.
She added: “He wasn't one for throwing glitzy parties, but he was extravagant and generous.
“He loved Dolce & Gabbana clothes and every time their new collection came out he would buy it all, spending around a £1million a year on clothes for himself.
“Every time he pulled off a deal he bought a fabulously expensive watch – he must have had more than 200. He had countless luxury cars, sometimes buying a new one every six weeks.”
These days Mrs Young shops at Morrisons and she and her two daughters face eviction from their rented London home after their property was repossessed and accounts emptied.
“I want Scot to know that I am not going to roll over. I mean business,” Mrs Young said.
“Last week he told Scarlet he would buy her a Rolls-Royce Phantom for her 17th birthday. He said he was on the verge of a deal involving Bill Clinton that would make him one of the richest men in the world.
“It is bewildering for the girls. He asked one of them last week to come to live with him in his new luxury apartment, which doesn't exactly chime with the idea that he has lost everything. In truth, we simply don't know how he has been living for the past three years.”
She also revealed he told her he had lost all his money in a doomed £2 billion shopping development in Russia dubbed Project Moscow -- “but I simply didn't believe him”. She later found evidence of his wealth on a laptop, she claimed.
Scot Young, who claims he is penniless after losing his vast fortune, faces jail if he cannot account for the missing money at a hearing today.
Speaking before the case, his estranged wife Michelle told how Mr Young used to shower her with expensive gifts, spent £1 million a year on clothes for himself and bought a new luxury car every six weeks.
The property tycoon, 48, owned some of England's finest houses and a yacht in Monaco and travelled the world on Concorde or private jet.
Mr Young, who is close friends with Topshop boss Sir Philip Green and billionaire oligarch Boris Berezovsky, told an earlier court hearing he has lost every penny of his former wealth and was given until today to produce documents.
But Mrs Young warned she is determined to prove he is hiding some of his fortune and has hired a team of experts to gather evidence.
The former model, 45, said she used to get her weekly food shopping delivered from Harrods to the £21 million Oxfordshire mansion where the family lived until the marriage broke down in 2006.
Mrs Young said: “There was really no limit to what I could spend. I could have anything I wanted. I never had fewer than three luxury cars, including a Hummer just to take my dogs to the vet.”
Once, she said, her husband bought her a Range Rover filled with tens of thousands of pounds worth of couture dresses by designer Maria Grachvogel.
For her 40th birthday, he lavished her with £1 million worth of Graff diamond jewellery. For Christmas he bought her a Damian Hirst sketch.
The couple filled their home with £4 million of antique furniture and their two daughters, Scarlet, now 16, and Sasha, 14, had Arabian horses to ride on their 200-acre estate.
She added: “He wasn't one for throwing glitzy parties, but he was extravagant and generous.
“He loved Dolce & Gabbana clothes and every time their new collection came out he would buy it all, spending around a £1million a year on clothes for himself.
“Every time he pulled off a deal he bought a fabulously expensive watch – he must have had more than 200. He had countless luxury cars, sometimes buying a new one every six weeks.”
These days Mrs Young shops at Morrisons and she and her two daughters face eviction from their rented London home after their property was repossessed and accounts emptied.
“I want Scot to know that I am not going to roll over. I mean business,” Mrs Young said.
“Last week he told Scarlet he would buy her a Rolls-Royce Phantom for her 17th birthday. He said he was on the verge of a deal involving Bill Clinton that would make him one of the richest men in the world.
“It is bewildering for the girls. He asked one of them last week to come to live with him in his new luxury apartment, which doesn't exactly chime with the idea that he has lost everything. In truth, we simply don't know how he has been living for the past three years.”
She also revealed he told her he had lost all his money in a doomed £2 billion shopping development in Russia dubbed Project Moscow -- “but I simply didn't believe him”. She later found evidence of his wealth on a laptop, she claimed.
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