Word: entrepreneurs
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...they're under threat too. Governments don't have the funds to maintain all of them, and few buyers can afford to maintain them as private homes. So what's happening to these stately piles? Many find new lives as luxury hotels. ITALY As early as 1822, Italian entrepreneur Giuseppe Dal Niel rented the central apartments of the crumbling Venetian Palazzo Dandolo, the Loh and Behold Avant-garde murals and imaginative furnishings characterise a new Singapore hotel Identity Parade An iconic style magazine marks its quarter century Summits of Style Esoteric treatments in a minimalist setting A Starflyer Is Born...
...mogul Russell Simmons, one of America's foremost arbiters of cool, has dabbled in records and clothing, comedy and cell phones. So, what's next for rap's first large-scale entrepreneur? Taxes, naturally. Simmons, ceo of the sprawling Rush Communications hip-hop empire, has partnered with Intuit, owner of the TurboTax software program, to launch TTrefund.com a website geared toward tax filers ages 18 to 24. The TurboTax system guides young e-filers through the intimidating tax terrain and lets them deposit any refund directly into a checking account or Rush Card, a Simmons-branded prepaid Visa debit card...
DIED. HORACE HAGEDORN, 89, canny entrepreneur who turned the blue-crystal plant fertilizer Miracle-Gro, a staple of suburban backyards in postwar America, into the world's top-selling plant food; in Sands Point...
...Arryx, Grier and Dufresne's 16-trap breakthrough was so exciting that the University of Chicago, where they were based, showcased their work to Lewis Gruber, a biotech entrepreneur and patent lawyer. Within months, he had invested in the technology, and Arryx was born, with Gruber as chief executive. Grier, who is now a professor at New York University, is the company's chief scientific adviser. Grier and company have long since replaced the plastic with a liquid-crystal device, which they build into a small, box-shaped machine that you could call a cell catcher. The technology is used...
Pony Ma may be one of China's most eligible bachelors. Only 33, the tech entrepreneur has a $190 million fortune. But Ma is embarrassed by the text messages he has received from lovelorn Chinese girls. "I don't want to attract too much attention," he says. That's hard to avoid these days. Ma is the founder and CEO of Tencent Holdings, which operates China's largest instant-messaging service, with 355 million users. In June, Tencent made an IPO in Hong Kong. While many recent China issues have flopped, Tencent shares are up 58%. Ma quit...