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...satellite dishes, a fleet of imported cars and a bevy of female retainers he had attracted by answering personal ads and trolling the Internet. In his $3 million residence and the adjacent $2.6 million house, both paid for in cash, Frankel had accumulated all the trappings of a depraved mogul. But everything--the women, the houses, the computers, the jet and six-figure shopping sprees, even the riding crop and bondage videos--would turn out to be illicitly funded by an elegantly complex scheme reflective of Frankel's flawed brilliance and bizarre character. "He was the best I've ever...

Author: /time Magazine | Title: Missing: One Man, Many Millions | 7/5/1999 | See Source »

...celebrated rapper, producer, philanthropist and party-giver-and-goer extraordinaire, Sean ("Puffy") Combs is used to being the center of attention. But the eyes of the music world will be on him for another reason this week: on Thursday the multimillionaire hip-hop mogul is scheduled to appear in a New York State criminal courtroom to face felony charges for assault. In April he and two bodyguards invaded the office of Interscope Records president of black music Steve Stoute and allegedly administered a street-style beat-down. Combs blamed Stoute for allowing MTV to air a music video with...

Author: /time Magazine | Title: Music: Puff Daddy: In the Eye of a Storm | 6/28/1999 | See Source »

...grand tradition of Puff Daddy, Kid Rock is sitting at his kitchen table in his small house in Royal Oak, a Detroit suburb, doing what hip-hop moguls are supposed to do: field phone calls. O.K., perhaps it isn't that grand a tradition, and maybe Kid Rock isn't exactly a hip-hop mogul yet--but he's certainly making a run at it. His new album, Devil Without a Cause (Atlantic/Lava), is in the Billboard Top 10. Alongside the messages on his refrigerator door about his six-year-old son Junior's field trips (Kid Rock...

Author: /time Magazine | Title: Music: Motown Motormouths | 6/21/1999 | See Source »

...systems --Walt Disney, creator of animation and multimedia empire --Henry Ford, founder of Ford Motor Co. --Bill Gates, co-founder of Microsoft --A.P. Giannini, architect of nationwide banking --Ray Kroc, hamburger meister --Estee Lauder, cosmetics tycoon --William Levitt, creator of suburbia --Lucky Luciano, criminal mastermind --Louis B. Mayer, Hollywood mogul --Charles Merrill, advocate of the small investor --Akio Morita, co-founder of Sony --Walter Reuther, labor leader --Pete Rozelle, football-league commissioner --David Sarnoff, father of broadcasting --Juan Trippe, aviation entrepreneur --Sam Walton, Wal-Mart dynamo --Thomas Watson Jr., IBM president...

Author: /time Magazine | Title: TIME 100 Persons Of The Century | 6/14/1999 | See Source »

...course, someone still has to pay the premium for the carriers? investment in wireless technology (and for allowing you to act like a movie mogul). So part of the FCC?s plan is to provide an automated message telling the caller that he/she is calling a cell phone, and that the carrier is about to take the extra money -- besides the dime or so it costs to use a land line -- out of his/her hide. The FCC?s changes, due early in 2000, won?t be irrevocable; the option of caller-only billing would be up to carriers, and therefore...

Author: /time Magazine | Title: R-rring, R-rring. Please Deposit $4 for This Call | 6/10/1999 | See Source »

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