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...guides, porters and food for the five-day trek, Marangu's two hotels charge an additional $250 a person. And don't forget generous gratuities. Money is constantly on the minds of the porters, who see each climb as a test of how large a tip they can extract from their clients ("Bwana, give me your boots when we finish our safari"). These young members of the Wachagga tribe, who spend much of the year working on coffee plantations, saunter upward, balancing 30-lb. sacks of climbers' gear on their heads. Some haul large green wooden boxes of provisions, water...
...issue the financial monthly says the richest man in the U.S. is Ronald Perelman, 46, of New York City, who has amassed a personal fortune of $5 billion in a mere ten years by assembling companies in businesses ranging from cosmetics to groceries to camping equipment to licorice extract...
...sitting in on board meetings of Belmont Industries, his family's $300 million Philadelphia conglomerate, at age 11. At 35, Perelman got restless, moved to New York City and started collecting his own companies. Beginning with a chain of jewelry stores, he added MacAndrews & Forbes, a producer of licorice extract, in 1979. Then, with the help of financing provided by Drexel Burnham Lambert's junk-bond whiz Michael Milken, came Pantry Pride, a grocery chain. In 1985 Revlon was added to his list...
...wheels on his favorite Corvette, and he gave a designer team jacket to the fellow who jockeys his offshore-racing boat. But Bernard is not some Johnny-come-lately cook with a jailhouse recipe in his jeans. He is a second-generation outlaw who at 16 learned how to extract pure methamphetamine from common industrial chemical solutions in a laboratory hidden on an Indian reservation. He was tutored by two German chemists flown in by his father. Bernard can't pronounce methylmethamphetamine, but he knows how to make something very like it and how much to charge. "I've worked...
...Communist Marshall Plan to deal with the bloc's $131 billion indebtedness -- a 60% increase in three years -- rung up by outmoded and mismanaged state industries. "An expensive irrelevance," snorted the Economist. Critics are wary of throwing money at Eastern Europe without a clear idea of what they should extract in return. Former U.S. National Security Adviser Zbigniew Brzezinski wants any assistance to be met by "deliberate movement toward the adoption both of a free-pricing mechanism and of genuine freedom of political choice...