September, 2007

The self-assured geek

Filed under Profiles, Mark Zuckerberg - Facebook
September 30, 2007 2:42 pm

Dressed in his usual attire of jeans, a fleece vest and Adidas sandals, Mark Zuckerberg looks as if he would be more at home stalking the halls of a college ... Read more »

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America’s Energy Billionaires

Filed under Lists and Statistics, Len Blavatnik - Access Industries, George Kaiser - BOK, Dan Duncan - Enterprise Product Partners
September 29, 2007 6:53 pm

  Forbes published a profiles of US oil billionaires.   There are shrort profies of George Kaiser, Dan Duncan and Len Blavatnik amog others.  See fullstory here:  http://www.forbes.com/2007/09/28/energy-oil-wealth-biz-energy-cz_ch_0928energybillies_slides_2.html?thisspeed=20000 And here is a ... Read more »

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Trump’s Threat : Block Houses And I’ll Dump £1bn Golf Plan

Filed under Projects, Donald Trump
6:32 pm

DONALD Trump has threatened to axe a £1billion golf resort plan if the 500 homes that go with it are not given the green light. The US billionaire’s right-hand man ... Read more »

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Kinder Morgan acquires Marine Terminals Inc

Filed under Deals, Rich Kinder - Kinder Morgan
6:31 pm

Kinder Morgan Energy Partners LP, the pipeline partnership controlled by Houston billionaire Rich Kinder, has acquired the assets of Marine Terminals Inc. for about $100 million, gaining steel terminals in four states. read the rest published by Tulsa World here: http://www.tulsaworld.com/business/article.aspx?articleID=070929_5_E1_spanc26420

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Clinton’s rich friends queue to give at biggest show in town

Filed under Philanthrophy
6:27 pm

The Clinton Global Initiative is the biggest show in town - which is saying something in a week when the United Nations holds its general assembly. Bill Clinton has lured ... Read more »

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The Middle East’s 20 Richest People

Filed under Lists and Statistics, Alwaleed bin Talal - Kingdom Holding
5:05 pm

Forbes publisheds a list of The middle east richest.  Check it out here  http://www.forbes.com/2007/09/27/billionaires-oil-banking-biz-cz_dp_0927middleeastbillies_slide_3.html?thisSpeed=15000 .No. 1  is Prince Alwaleed Bin Talal Alsaud  from Saudi Arabia with neth worth of  $20.3 billion

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BET THE DEAL’S DONE

Filed under Deals, J.C. Flowers
September 28, 2007 6:35 pm

  September 28, 2007 — Investors snapped up shares of Sallie Mae yesterday on hopes the student lender can reach a new deal with billionaire investor J. Christopher Flowers and ... Read more »

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Lampert Seeks U.S. Approval to Boost AutoNation Stake to 25%

Filed under Eddie Lampert - ESL, Hedge funds
4:49 pm

Billionaire investor Edward Lampert’s hedge-fund group sought regulators’ approval to boost its stake in AutoNation Inc., the largest U.S. auto retailer, to at least 25 percent.Funds controlled by Lampert hold ... Read more »

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Rwanda: Citizens Mourn Miko Rwayitare

Filed under Accidents & deaths, Alexis Miko Rwayitare
4:35 pm

Fallen Rwandan-born billionaire Alexis Miko Rwayitare will be buried next Thursday in Johannesburg, South Africa, close relatives have said. He held a South African passport. The 65-year-old died Tuesday morning ... Read more »

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Buffett Reduces Stake in PetroChina for Fourth Time

Filed under Warren Buffett - Berkshire Hathaway
4:30 pm

Warren Buffett’s Berkshire Hathaway Inc. sold PetroChina Co. shares for the fourth time in three months, banking an almost sevenfold gain since the U.S. billionaire first invested in China’s largest ... Read more »

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Richard Branson and launch of Virgin Galactic

Filed under Richard Branson - Virgin, Books
4:23 pm

there is a new book out about the effort of some premier enterprenueurs including Richard Branson on they effort of  exploring the space. Its pretty interesting reading. Investment capital began ... Read more »

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Billionaire Anil Ambani’s Reliance Power Plans IPO

Filed under Anil Ambani - Reliance Energy
4:04 pm

Indian billionaire Anil Ambani’s Reliance Energy Ltd. plans to sell shares in its generating unit for the first time, two bankers familiar with the sale said.Enam Financial Consultants Ltd., JM ... Read more »

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Ukraine’s Pinchuk Opens London Firm

Filed under Victor Pinchuk - EastOne
4:03 pm

Billionaire Ukrainian businessman Viktor Pinchuk opened an investment company in London to expand his business in Europe and reduce dependence on Ukraine. The company, named EastOne LLC, will manage $10 ... Read more »

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Arsenal Suitor Usmanov Raises Stake to 23%

Filed under Alisher Usmanov
3:59 pm

Alisher Usmanov moved a step closer to gaining a say in the running of Arsenal by lifting his stake in the English soccer team by 2 percentage points to 23 ... Read more »

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Leonard Lauder’s Klimt landscape belongs to me, says heir of Nazi victim

Filed under Art, Leonard Lauder
September 27, 2007 3:23 pm

  A Gustav Klimt painting that hangs in the New York apartment of billionaire philanthropist and collector Leonard Lauder is being claimed by a descendant of the Viennese family from ... Read more »

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Chuck Feeney : “I’m glad my friends are here.”

Filed under Chuck Feeney - DFS
2:08 pm

And he loves his friends the way he loves his family. “He never forgot us, no matter how successful he was, no matter how unsuccessful some of us might be,” ... Read more »

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DLF Is Latest Indian DeveloperWith Plan to Enter Telecom Market

Filed under Projects, Kushal Pal Singh - DLF
11:24 am

Indian property developer DLF Ltd. is finalizing plans to enter the country’s telecommunications sector as it seeks to join other developers wanting to tap growing demand for such services, a ... Read more »

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Buffett, Others Said to Consider Bear Stearns Stake

Filed under Warren Buffett - Berkshire Hathaway
10:09 am

 September 26, 2007 Bear Stearns, its shares and reputation beaten down after the collapse of two hedge funds, is in serious talks with several outside investors, including Warren E. Buffett, ... Read more »

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Burkle Buys Into Chinese News Firm

Filed under Deals, Ron Burkle
10:05 am

Ron Burkle, shut out of buying a couple of American newspapers companies earlier this year, has instead turned overseas for a media investment. Burkle’s Yucaipa Companies agreed to buy a ... Read more »

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Shun Tak May Raise HK$1.49 Billion in Share Sale

Filed under Stanley Ho - ShunTak Holdings
10:03 am

 Shun Tak Holdings Ltd., the ferry company and property developer controlled by Macau billionaire Stanley Ho and his family, may raise as much as HK$1.49 billion ($192 million) from a share sale, according to an e-mail sent to investors.Shun Tak is offering 120 million shares at HK$12.01 to HK$12.4 a share read the rest published by Bloomberg here: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFZa9VnPFo94

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Vijay Mallya Buys `Significant’ Stake in Epic Aircraft

Filed under Vijay Mallya - United Beverages, Deals
10:02 am

Indian billionaire Vijay Mallya bought a `significant’ stake in U.S.-based Epic Aircraft and may help expand sales of its aircraft into other markets.Mallya, chairman of the Bangalore-based UB Group and ... Read more »

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JC Flowers team drops Sallie Mae bid

Filed under Deals, J.C. Flowers
9:43 am

The investor group that offered $26bn for Sallie Mae, the student lender, said on Wednesday it would not go ahead with the original terms of the deal, heralding what could ... Read more »

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Out of Sight, Till Now, and Giving Away Billions

Filed under Profiles, Philanthrophy, Chuck Feeney - DFS
September 26, 2007 3:34 pm

  Rumpled by habit, limping on old knees, smiling faintly after a night of celebration, Chuck Feeney stepped out of a building on Park Avenue Monday night and vanished, carried ... Read more »

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David Murdock gives $35 million to university

Filed under David Murdock - Dole Foods
3:30 pm

Dole Food Co. owner and billionaire David Murdock announced a $35 million gift to Duke University Medical Center that will fund the private university’s research efforts at the North Carolina ... Read more »

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African governance prize launched

Filed under Philanthrophy, Mo Ibrahim
3:27 pm

African multi-billionaire, Mo Ibrahim, founder of Celtel International, launched a new Index of African Governance, which ranks 48 sub-Saharan governments against one another. At the same time his ... Read more »

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University accepts Walton’s offer for Stieglitz art collection

Filed under Alice Walton
3:23 pm

A $30 million offer by billionaire Alice L. Walton to share ownership of a disputed art collection with Fisk University has been accepted by trustees of the financially struggling school. ... Read more »

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‘Bouncing bionic billionaire’ Mark Cuban dances like an eager fool

Filed under Mark Cuban
3:20 pm

  Nobody was expecting billionaire entrepreneur Mark Cuban to be a runaway surprise on the ABC reality show Dancing with the Stars, but he naturally managed to raise a few ... Read more »

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Freed billionaire orders pizzas

Filed under Investigations & Law, Kjell Inge Rokke
September 25, 2007 3:58 pm

  Kjell Inge Røkke, the Norwegian billionaire convicted of bribery, was released from a short jail sentence a week early. He then ordered pizzas for all his fellowinmates and the ... Read more »

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Downed blogger Murray vows to continue Usmanov attacks

Filed under Alisher Usmanov
3:55 pm

Former UK ambassador to Uzbekistan Craig Murray has vowed to carry on making allegations against billionaire Arsenal shareholder Alisher Usmanov, despite attempts to silence him and his supporters. Murray told ... Read more »

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Hancock boy’s fury

Filed under Billionaire kids, Gina Rinehart
3:53 pm

AFTER years of estrangement amid accusations he was a cheap punter, John Hancock has made peace with his billionaire mother Gina Rinehart. But a $90,000 investment in the float of ... Read more »

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