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...with a natty beard and banker's suit. And to its delight, India found that the brooding action man of the 1970s was now sophisticated, self-deprecating and witty, exuding comfortable prosperity rather than rebellion?just what was needed at a time when India was dreaming about getting rich. Industrialist Ambani calls Bachchan's new incarnation "the avuncular older citizen who embodies the materialist aspirations of India's emerging middle class...

Author: /time Magazine | Title: The Big B | 9/26/2005 | See Source »

...richest woman; an eight-year legal battle for control of her dead husband's multibillion-dollar real-estate empire; in Hong Kong. The Court of Final Appeal unanimously overturned a 2002 ruling that a will in which husband Teddy Wang left her his entire estate had been forged; the industrialist was kidnapped in 1990 and declared legally dead nine years later. Nina Wang, famous for her schoolgirl pigtails and flamboyant fashion sense, now regains full control of the Chinachem Group, the company that she built into a $3.5 billion enterprise after taking control following her husband's disappearance...

Author: /time Magazine | Title: Milestones | 9/19/2005 | See Source »

CITIC owes much of its style and substance to Rong, whose own history parallels China's recent twists and turns. A Shanghai industrialist and deputy mayor of that city, Rong watched the nationalization of his factories after the Communist takeover. He and his wife were beaten by the Red Guards during the Cultural Revolution of the 1960s, his Shanghai home was expropriated, and he was forced to clean latrines. After spending the next decade in obscurity, Rong was publicly rehabilitated in the late 1970s. He now lives in a comfortable Peking house and is tended by servants. Says...

Author: /time Magazine | Title: Breath of Fresh Air: China International Trust and Investment Corporation | 6/21/2005 | See Source »

...increasingly open about voicing their opposition to the excesses of the 28-year-old Duvalier dynasty. Some even talk wistfully of a popular uprising or army coup. "There is a climate of extreme anxiety throughout Haiti," says a Western diplomat in the capital of Port-au-Prince. A Haitian industrialist calls this a "very explosive period." Says he: "People are tired and fed up with this regime." On New Year's Eve, Duvalier tacitly acknowledged the seriousness of the situation by taking drastic action: he fired four members of his "Supercabinet," which ran the day-to-day operations...

Author: /time Magazine | Title: Haiti: Small Stirrings of Change | 6/21/2005 | See Source »

There are bigger spenders in educational philanthropy. California Industrialist Arnold Beckman, for example, recently gave $20 million to the National Academies of Sciences and Engineering for a new West Coast study center, raising his total gifts for 1985 to $72.5 million. But what makes Lang special is his passion for the personal growth of students. Five years ago, he handed over $6 million to his alma mater, Swarthmore College, near Philadelphia. It was the largest single gift ever received by that quintessential liberal arts college, where the 1,300 or so students are deeply imbued with the school's Quaker...

Author: /time Magazine | Title: Education: I Will Keep My Promise | 4/18/2005 | See Source »

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