Tuesday, September 11, 2007

Article 1- Rich people artlicles

Ratan Tata
"We need to be bolder and willing to take bigger risks abroad," Ratan Tata had said to 'The Week' in an interview in May 2005. That was at a time when the Tata group had taken a big leap abroad with acquisitions by Tata Motors and Tata Steel.
Risk-taker's dream
The Week — February 8, 2007

"Tata has a reputation to defend as a living legend in the business world, shrouded in an aura of humility that borders on self-denial."
"Interview with Indian industry mogul, Ratan Tata" from Spiegel Online International.

Carlos Slim
By our calculations, the 67-year-old Slim has amassed a $59 billion fortune, based on the value of his public holdings at the end of July. This number puts him just ahead of perennial No. 1, Microsoft founder Bill Gates, whose net worth is estimated to be at least $58 billion. But Gates is selling off his single greatest source of wealth, Microsoft stock, to fund his foundation, while Slim's fortune is growing at a stunning clip. His net worth jumped $12 billion this year alone. His family's holdings represent more than 5% of Mexico's 2006 gross domestic product, and Slim-controlled companies make up one-third of the $422 billion Mexican Bolsa, or stock exchange.
http://money.cnn.com/2007/08/03/news/international/carlosslim.fortune/

Zhang Yin
“Make way for the Big Momma of the Billionaires’ Club,” says the Daily Express. The Big Momma in question is Zhang Yin, a 49-year-old paper recycler who has just emerged not only as the richest entrepreneur in China, but also as the wealthiest self-made woman in the world. According to the Hurun Report rich list, Zhang, despite being almost unknown in the wider world, has suddenly arrived at the top of the list with a net worth of $3.4bn. Many of China’s new entrepreneurs keep a low profile, but Zhang is in a class of her own when it comes to elusiveness. “Even her name is the subject of some contention” – she’s known to many as Cheung Yan. Short-haired, simply dressed and slightly stocky, she was ranked 36th on last year’s list, with her leap in fortune being down to the public listing of her firm, Nine Dragons Paper, in Hong Kong in March.
http://www.moneyweek.com/file/20593/zhang-yin-the-worlds-richest-self-made-woman.html

No comments: