Word: entrepreneurs
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Frans Swarttouw, former chairman of the Fokker aircraft company and one of the Netherlands' most colorful businessmen, bid an unusual farewell to his countrymen a few weeks ago. Stricken with throat cancer, the executive, 64, who once characterized an entrepreneur as "a guy who works hard, drinks himself into the ground and chases women," said he had stopped his painful therapy and opted out of a life-saving operation that would have left him an invalid. "I want to be able to draw the line myself," he said on TV. Three days later, he was put to death...
...entrepreneur, and he encouraged me to do it," Sjogreen says...
...Bedroom or ride on Air Force One. It's quite another to pay $7,000 a head to watch Bill Clinton deliver an eight-minute talk on radio. But that's what Johnny Chung, no stranger to the White House, apparently did. Democratic officials and lawyers for the California entrepreneur tell TIME that he gave $50,000 to the Democratic National Committee in exchange for the invitation for him and six business friends from China to watch Clinton sound off on everything from welfare reform to college loans. Exactly how the deal evolved remains unclear. What is known from documents...
...that yield sizable dividends, even if that means missing more glamorous performers. "I'm totally diversified, and I sleep very well at night," Freedman says. Such investors wisely run neither to nor from the bull market, but have learned to ride its up and downs. Alan Sunkel, a glassware entrepreneur in Kansas City, Missouri, recently shifted 10% of his $250,000 portfolio from stocks to money-market funds, lowering his equity holdings to 65%. "I'm worried about the market pulling back," he says. "But I wouldn't get out if it did." Way to go, Alan. Wall Street...
...Wayne Huizenga is driving in the passing lane. Since Jan. 1, the billionaire entrepreneur has gone from neophyte car man to the nation's biggest car retailer. His Republic Industries has bought up new- and used-car dealerships whose revenues totaled $2.7 billion last year. That will make Republic bigger than current numero uno Hendrick Automotive Group of Charlotte, North Carolina, with $2.3 billion, Automotive News reports. TIME first detailed Huizenga's plans for a dealership-acquisition binge in December. Then, Huizenga, 59, had little more than a blueprint and a shopping list...