Word: bankers
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...daughter Francoise, 49, sit on the L'Oreal board, but no other family member works at the firm. When Freddie Heineken died last year, control of his brewing colossus passed to his daughter and sole heir, Charlene de Carvalho Heineken, 48. She lives in London with her banker husband and their five young children, and she has no involvement with day-to-day operations. Karl and Theo Albrecht, the secretive German brothers who rank as the richest people in Europe, are withdrawing from the management of their firm, discount retailer Aldi. Sweden's Ingvar Kamprad, who created the IKEA furniture...
Iris, meanwhile, is married to Hampton, a fastidious African-American investment banker and a superb provider but one who is ever alert to racial slights, real or imagined, and who looks down his nose a bit at Iris, a bookish idler who can't even settle on a topic for her thesis. She surrenders to adultery in part because Daniel's love promises a refuge from judgments, expectations, even the workaday struggle to be black in a white town. Daniel and Iris are given to reckless sex--in his office, at her house when her husband is away...
During investment banker Herb Allen's annual gathering for media moguls in Sun Valley, Idaho, last July--when locals were paid $20 an hour just to be available for baby sitting--Coca-Cola CEO Douglas Daft at one point turned for advice to investment legend Warren Buffett, who sits on Coke's board. What would happen, Daft wondered, if Coke suddenly stopped giving Wall Street quarterly earnings estimates? Buffett answered that Coke's shares would be more volatile and some investors would sell but that these were prices worth paying. Daft would forever "be free from that fiction," Buffett said...
Brown, now a Grammy award-winning artist and CEO of her own label, took a roundabout path to banjo stardom. After pre-med flirtation at Harvard, there was an MBA and a stint as an investment banker at Smith Barney. Ultimately, she traded in stocks and bonds for three-finger picking and shows at the Grand Ole Opry...
...chose the UCLA business program, and at 24 headed to San Francisco to work for Smith Barney as an investment banker. Long days crunching numbers couldn’t keep Brown away from bluegrass, though—she snuck copies of Bluegrass Unlimited behind The Bond Trader magazine. Friends remember her driving straight from the office to bluegrass clubs, business suit...