Famous Entrepreneurs Information

Michael Bloomberg
Net Worth: $16 billion
Source: Bloomberg LP/U.S.
Age: 67
Marital Status: Divorced, two children

• New York City mayor facing a fiscal crisis as banking chaos destroys Wall Street.

• Lucrative bonuses that came with working on Wall Street fueled spending on apartments, restaurants and shopping in recent years; as bonuses dry up, so does the city's income. Forecasts predict NYC's tax revenues will fall 28%--nearly $7 billion--in 2010 from 2008.

• Law passed in October will allow Bloomberg to run for third term later this year. Approval rating now 52%, down from 71% last summer.

• Becomes one of the world's richest men after a transaction put a solid valuation on Bloomberg LP: He borrowed to buy a 20% stake in his company from Merrill Lynch in July for $4.5 billion.

• Today he owns 88% of the financial data and news outfit he founded in 1982.

• Boston-born son of accountant got engineering degree from Johns Hopkins; M.B.A. from Harvard.

• Became a trader at Salomon Brothers 1970s, quit with $10 million in stock.

• Created financial information services firm Innovative Market Systems to sell financial data, analytic tools to Wall Street.

• Renamed Bloomberg LP in 1987; added news service, magazine, cable network, radio station.

by Luisa Kroll, Matthew Miller, and Tatiana Serafin

Labels: Bloomberg LP, famous entrepreneurs, Michael Bloomberg

Li Ka-shing
Net Worth: $16.2 billion
Source: Ports, retail, energy/Hong Kong
Age: 80
Marital Status: Widowed, two children

• Net worth of Hong Kong's "Superman" is down $10 billion in the past year, as stock of his publicly traded conglomerates Cheung Kong and Hutchison Whampoa tumbled.

• The two companies are about to start construction on a property project in Shanghai, China.

• HW's retail group plans to open 120 stores in China in 2009.

• Through the two companies, Li is world's largest operator of container terminals, world's largest health and beauty retailer by number of outlets, a major supplier of electricity to Hong Kong, and a real estate developer.

• His second-largest holding: Canadian oil firm Husky Energy, which cut spending by almost a third for 2009.

• Charitable foundation recently raised $510 million by selling 40% of its stake in Bank of China.

• Avid golfer plays almost every day; sank his 15th hole in one in September.

• Poor immigrant sold plastic flowers in Hong Kong in the 1950s.

• Eldest son, Victor, helps him run businesses; son Richard struck out on his own in early 1990s and is a billionaire in his own right.

by Luisa Kroll, Matthew Miller, and Tatiana Serafin

Labels: Cheung Kong, famous entrepreneurs, Husky Energy, Hutchison Whampoa, Li Ka-shing

Bernard Arnault
Net Worth: $16.5 billion
Source: Luxury goods/France
Age: 60
Marital Status: Divorced, remarried; five children

• France's richest man lost $9 billion in the past year, as shares of his $22 billion (sales) luxury goods group, LVMH Moët Hennessy Louis Vuitton, dropped 29%.

• Sailing into new waters: bought Princess Yachts, one of Britain's oldest luxury motorboat manufacturers, last summer; picked up yacht builder Royal van Lent soon after.

• Via his investment arm, Groupe Arnault, owns French tour operator Go Voyages and has a stake in French retailer Carrefour.

• Built Le Cheval Blanc in French ski resort town of Courchevel, where he often likes to spend New Year's Eve.

• Also owns two wineries with good friend, Belgian billionaire Albert Frere.

• Father made small fortune in construction; Arnault put up $15 million from that business to buy Christian Dior in 1985. Still a family affair, as both son Antoine, 31, and daughter, Delphine, 33, sit on LVMH's board.

• Wife is a concert pianist; Arnault himself reported to be an excellent piano player.

by Luisa Kroll, Matthew Miller, and Tatiana Serafin

Labels: Albert Frere, Bernard Arnault, Carrefour, Christian Dior, famous entrepreneurs, Groupe Arnault, Le Cheval Blanc, LVMH Moët Hennessy Louis Vuitton, Princess Yachts

Christy Walton & family
Net Worth: $17.6 billion
Source: Wal-Mart/U.S.
Age: 54
Marital Status: Widowed, one child

• Wal-Mart remains the exception to the rule in the crumbling retail sector, thanks to its global footprint and deeply discounted prices. Also helping: the exodus of competitors like Circuit City and Linens 'n Things.

• Shares down 25% since September.

• Fourth-quarter profit hurt by lawsuit settlements, poor currency exchange; still beat analyst expectations.

• Stake in solar-paneling outfit First Solar fared far worse; shares down 60% since August after surging 120% in previous 12 months.

• Sam Walton started as J.C. Penney clerk in 1940; opened Newport, Ark., five-and-dime store Benjamin Franklin five years later. Lost lease in 1950.

• With brother James started general store chain in Bentonville, Ark., in 1962.

• Today Wal-Mart is world's largest retailer: 7,200 stores, 2 million employees serve 200 million customers. Sales: $378 billion.

• Christy is the widow of John Walton (died 2005); donated seven-acre San Diego home to Cross Border Philanthropy.

by Luisa Kroll, Matthew Miller, and Tatiana Serafin

Labels: Christy Walton, famous entrepreneurs, First Solar, Wal-Mart

Alice Walton
Net Worth: $17.6 billion
Source: Wal-Mart/U.S.
Age: 59
Marital Status: Twice divorced

• Wal-Mart remains the exception to the rule in the crumbling retail sector, thanks to its global footprint and deeply discounted prices. Also helping: the exodus of competitors like Circuit City and Linens 'n Things.

• Shares down 25% since September.

• Fourth-quarter profit hurt by lawsuit settlements, poor currency exchange; still beat analyst expectations.

• Stake in solar-paneling outfit First Solar fared far worse; shares down 60% since August after surging 120% in previous 12 months.

• Sam Walton started as J.C. Penney clerk in 1940; opened Newport, Ark., five-and-dime store Benjamin Franklin five years later. Lost lease in 1950.

• With brother James started general store chain in Bentonville, Ark., in 1962.

• Today Wal-Mart is world's largest retailer: 7,200 stores, 2 million employees serve 200 million customers. Sales: $378 billion.

• Alice's Crystal Bridges art museum in Bentonville under construction. Collection already growing; acquisitions include Sargent's "Robert Louis Stevenson and His Wife," Benton's "Ploughing It Under."

by Luisa Kroll, Matthew Miller, and Tatiana Serafin

Labels: Alice Walton, Crystal Bridges art museum, famous entrepreneurs, Wal-Mart

S. Robson Walton
Net Worth: $17.6 billion
Source: Wal-Mart/U.S.
Age: 65
Marital Status: Divorced, remarried; three children

• Wal-Mart remains the exception to the rule in the crumbling retail sector, thanks to its global footprint and deeply discounted prices. Also helping: the exodus of competitors like Circuit City and Linens 'n Things.

• Shares down 25% since September.

• Fourth-quarter profit hurt by lawsuit settlements, poor currency exchange; still beat analyst expectations.

• Stake in solar-paneling outfit First Solar fared far worse; shares down 60% since August after surging 120% in previous 12 months.

• Sam Walton started as J.C. Penney clerk in 1940; opened Newport, Ark., five-and-dime store Benjamin Franklin five years later. Lost lease in 1950.

• With brother James started general store chain in Bentonville, Ark., in 1962.

• Today Wal-Mart is world's largest retailer: 7,200 stores, 2 million employees serve 200 million customers. Sales: $378 billion.

• Rob is Wal-Mart chairman; helping company become eco-friendly through partnership with environmental group Conservation International.

by Luisa Kroll, Matthew Miller, and Tatiana Serafin

Labels: Conservation International, famous entrepreneurs, S. Robson Walton, Wal-Mart

Jim C. Walton
Net Worth: $17.8 billion
Source: Wal-Mart/U.S.
Age: 61
Marital Status: Married, four children

• Wal-Mart remains the exception to the rule in the crumbling retail sector, thanks to its global footprint and deeply discounted prices. Also helping: the exodus of competitors like Circuit City and Linens 'n Things.

• Shares down 25% since September.

• Fourth-quarter profit hurt by lawsuit settlements, poor currency exchange; still beat analyst expectations.

• Stake in solar-paneling outfit First Solar fared far worse; shares down 60% since August after surging 120% in previous 12 months.

• Sam Walton started as J.C. Penney clerk in 1940; opened Newport, Ark., five-and-dime store Benjamin Franklin five years later. Lost lease in 1950.

• With brother James started general store chain in Bentonville, Ark., in 1962.

• Today Wal-Mart is world's largest retailer: 7,200 stores, 2 million employees serve 200 million customers. Sales: $378 billion.

• Jim chairs Arvest Bank Group, Community Publishers.

by Luisa Kroll, Matthew Miller, and Tatiana Serafin

Labels: Arvest Bank Group, famous entrepreneurs, Jim C. Walton, Wal-Mart

Hi,

Do you still remember Google Adsense during its infancy?

Today, Adsense is the biggest source of income for
website owners, bloggers, and web publishers.

NOW, here's the next generation of Cash-Provider on the
Web, a class of its own.

Infolinks offers the next generation of In-Text Advertising,
leading the industry with the most relevant in-text
advertising links and the highest revenue share.

Guaranteed.

Each time your website visitors click on an Infolinks In-Text
ad, you get paid.

The more clicks your In-Text ads receive, the more
revenue you earn.

Infolinks seeks the advertisers, you get the revenues, and
they make sure you keep most of it with the industry’s
highest revenue share offer.

Join us now and start earning Infolinks revenue as soon as
TODAY.

http://www.aredconsult.com/in-text-advertising

Cheers,

Ave Ramel

***Trust in the Lord with all your heart***

Labels: famous entrepreneurs, in-text advertising