Rank | Name | Net Worth | Age | Source | Country of Citizenship | 1 | Carlos Slim Helu & family | $69 B | 72 | telecom | Mexico | 2 | Bill Gates | $61 B | 57 | Microsoft | United States | 3 | Warren Buffett | $44 B | 82 | Berkshire Hathaway | United States | 4 | Bernard Arnault | $41 B | 63 | LVMH | France | 5 | Amancio Ortega | $37.5 B | 76 | Zara | Spain | 6 | Larry Ellison | $36 B | 68 | Oracle | United States | 7 | Eike Batista | $30 B | 55 | mining‚ oil | Brazil | 8 | Stefan
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Steve Jobs‚ whose facial coding ended up revealing a positive score of just 48%‚ with a negative of 52%. But according to Hill‚ Steve Jobs failed to hide his emotions in the least. "Lots of emoting‚ enjoyment mingled with frustration‚" Hill stated. Berkshire Hathaway CEO Buffett and a close friend of Bill Gates has the largest positive score‚ no less than 69% after Microsoft’s Chairman being "affable‚ assured and low-key" but also slightly ironic‚ which scored him a negative 31%.
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high income‚ but rather from owning assets‚ like shares in Berkshire Hathaway. Many are aware of his acumen in making investments that have a “margin of safety” – or minimal downside – but few are aware of the greatest source of such safety for Mr. Buffet in recent years‚ the US Government. During the 2008 crisis Buffet’s investment portfolio was full of wobbly financial companies like GE and Wells Fargo. In the span of 2 months Berkshire stock – and Mr. Buffets net worth – lost half their value
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it for a minute.” Optimistic Warren Buffett is optimistic toward his business. His strongly display of optimism is expressed in the annual letter of Berkshire Hathaway; he said that “no matter how serene today may be‚ tomorrow is always uncertain.” He always sees the market chaos which would probably generate opportunities for him and Berkshire Hathaway. In an interview with CNBC‚ Buffett said‚ “You get more excited when there’s a lot going on‚ you can’t help it. And frankly‚ it will probably
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Availability of Information is a BUST In a perfect world‚ every single piece of information would be available for anyone and there would be no information asymmetry. But the world is not perfect. We talk all the time about how undeniably important it is to have accurate‚ timely and reliable information to use such and come into a decision be it financial or anything else. But what do we really have to make information available‚ accurate‚ timely and reliable? In this revolutionary era of modern
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company had a strong record in risk management avoiding market downturns‚ this situation caused Goldman Sachs stock price to to decrease and banks stopped lending money even among them. The company raised $5 billion from Warren Buffett through Berkshire Hathaway‚ which triggered the influx of $5.75 more in common stock from the public market. 2. Why did Goldman raise capital when it did? Goldman Sachs decided to convert to a banking holding company‚ which would allow it to have more stability
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Inside M&A: Mars Buys Wrigley in One Sweet Deal Extracted from DePamphilis‚ “Mergers‚ Acquisitions‚ and other Restructuring Activities” Under considerable profit pressure from escalating commodity prices and eroding market share‚ Wrigley Corporation‚ a U.S. based leader in gum and confectionery products‚ faced increasing competition from Cadbury Schweppes in the U.S. gum market. Wrigley had been losing market share to Cadbury since 2006. Mars Corporation‚ a privately owned candy company with
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Phillip Tracey – a hatmaker works with a wide range of materials including textiles; and Ron Arad – an inspiring designer of furniture who works with wood‚ plastics and metals). ‘Cooked to Perfection’; Heston Blumenthal The Fat Duck at Bray in Berkshire is a triple Michelin starred restaurant known for unusual dishes‚ such as snail porridge‚ basil blancmange‚ beetroot jelly and bacon and egg ice-cream. Heston Blumenthal‚ the chief proprietor‚ is interested in the science behind cooking‚ the ‘experience’
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The 75 Greatest Management Decisions Ever Made 1. A slaveowner decides to place an advertisement for the return of alost slave. 2. Apple decides to develop the first salable PC. 3. Henry Ford decides to start his own company. 4. Sears‚ Roebuck decides to go into retail sales. 5. Julius Reuter decides to use carrier pigeons to deliver information. 6. Swiss watch manufacturers decide to collaborate. 7. Bill Gates decides to license MS-DOS to IBM. 8. Reuben Mattus decides
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controversial decisions required to save or reposition the company Conglomerate In business‚ a conglomerate is a company involved in multiple lines of business that have little relationship to one another. One well-known example is Warren Buffett’s Berkshire Hathaway‚ which owns companies as varied as utilities‚ newspapers‚ food processors and furniture stores. Conglomerate diversity‚ then‚ refers to diversification by entering entirely new and unrelated lines of business. If you owned‚ say‚ a hardware
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