Word: businesswoman
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...only as good as his or her last collection, Karan's performance has been virtually seamless. At 44, in business for herself for just eight years, she has not only shaped a distinctively comfortable, sexy style as a designer but has also amassed a formidable empire as a businesswoman. Her revenues this year should reach $268 million, up from $119 million in 1989. By 1995, with more and more sales coming from overseas markets, revenues might top the half-billion-dollar mark...
...instant fortune changed the life-style of this unassuming former businesswoman. "What do I like about it most?" she muses. "Valet parking!" Ryan had her initial indulgences: she bought the Mercury Grand Marquis she had coveted and a handsome house to replace her mobile home. Otherwise she lives modestly, but with payments of nearly $2.8 million rolling in each year, she knows "I never, never have to worry for the rest of my life...
Despite this hint of shame, Falkner's experience was unusually easy. Many families reject lesbian daughters as they reach adulthood, and in turn, many lesbians do not reconcile themselves to their nature until after marrying and, frequently, having children. One Dallas-based businesswoman says she came out just a year ago, at age 65, after decades of unhappy marriage and raising four sons. In all, an estimated 1.5 million U.S. lesbians are mothers. Most bore their children while married, though adoption and artificial insemination are becoming increasingly popular among lesbian couples. Maria Cristina Vlassidis, 31, a Chilean-born law school...
...some form of state-funded preschool programs. In Japan both the government and most companies offer monthly subsidies to parents with children. In Germany parents may deduct the cost of child care from their taxes. "Under our tax laws," observes Congresswoman Pat Schroeder of Colorado, "a businesswoman can deduct a new Persian rug for her office but can't deduct most of her costs for child care. The deduction for a Thoroughbred horse is greater than that for children...
...million, but the real measure of wealth lies in its breadth and depth. More than 2 million people, many only in their 30s, are deutsche mark millionaires. This is the first German generation in this century to actually inherit wealth. "Earlier generations," says Edith Hartl, a self-made businesswoman in Munich, "were wiped out by Weimar inflation or war. Today's 30-year-olds are inheriting all the fruits of the economic miracle...