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Forbes List Reminds Us Billionaires Are Suffering Too
Billionaires! They're just like us! Well, they still have better Summer homes, private planes and much bigger blocks of gold, but Forbes reports the richest people in the world have gotten poorer along with the rest of us over the last year.
Biggest Headline of 2008: World's Richest Person Is a Different Name
What's the first word that comes to mind when you hear the name Bill Gates? Billions, perhaps? The self-made billionaire owned the title of World's Richest Person for 13 years until this year, when another household name, Warren Buffett, took it away.
Jerry Seinfeld Microsoft Commercial: Hit or Miss?
Microsoft wasn't messing around when it landed on a $300 million number to fund a new advertising campaign starring Jerry Seinfeld. The first advertisement was recently released and it's gotten mixed reviews. Some ad-industry professionals are saying the commercial is a success because it's creating buzz about Microsoft, but others have said that it misses the mark and does nothing to change the brand's dull image.
World's Richest Person Is a Different Name After 13 Years
Bill Gates' fortune has been trumped by that of Warren Buffett, according to Forbes' annual ranking of the world's wealthiest people. While Gates topped Vanity Fair's 2007 Windfall Report earlier this week, he fell from his number one spot as world's richest person after 13 years of owning the title. Warren Buffett (Berkshire Hathaway CEO) is now proclaimed to be wealthiest with his $62 billion and Carlos Slim Helú (Mexican telecom tycoon) is number two with $60 billion to his name, while Bill Gates settled in at three with his $58 billion.
Melinda Gates Opens Up
Three Ms come to mind when I hear the name Bill Gates: Microsoft, money, and Melinda.
The first made him wealthy, the second keeps him in the news, and the third recently opened up to Fortune for her first-ever profile! Besides talking to Fortune, Melinda has been dedicating 30 hours a week to the Bill and Melinda Gates Foundation.
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Travel on the Cheap, Mexico Style
The whole swine flu debacle has given our southern neighbor a bad rap. But how can you slam sipping margaritas on the beach for cheap, especially since the the Centers for Disease Control and Prevention lifted its ban on nonessential travel to Mexico on May 15? The travel gates are open for anyone who dares to book a vacation, and resorts are practically giving away reservations to entice you say si.
The Most Admired Men and Women of 2008
We're starting to switch gears to 2009, but last year was a big one and 2008 is hardly a distant memory at this point. A Gallup poll asked Americans who they admired most in 2008 and the results are varied and interesting.
For the seventh year in a row, Hillary Clinton was ranked as the most admired woman, and Sarah Palin ousted second place incumbent Oprah Winfrey in the 2008 list.
Vanity Fair Windfall Report Is 49 Men, 1 Woman, and 1 Dog
Vanity Fair just released their 2007 Windfall Report — a.k.a., the biggest paydays last year for the guys whose bank accounts hardly needed the boost. How did they get even richer, you ask? Their windfalls included cashing out stocks, receiving inheritances, selling a family business, real estate deals, or jumping on a lucrative initial public offering.
News Flash: Money Is on Everybody's Mind
- Forbes released its 27th list of the Forbes 400 ranking the 400 richest Americans — you'll need at least $1.3 billion to join this club. Of course, Bill Gates made the list. — Forbes
- Networking in a time of need: University of Chicago's Graduate School of Business called its alumni that were Lehman employees just one day after the bank filed for bankruptcy.
Link Time!
- Businessmen stereotypically fly in private jets, but those chartering jets are increasingly businesswomen focused on using their time efficiently. — The New York Times
- Paying dues means more than working long hours and performing tasks that seem meaningless. It can be about spending time alone, figuring out who your true friends are, and overcoming your fears.
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