Word: richest
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Dates: during 1990-1999
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...stakes: a bigger share in the $2.5 billion U.S.-Mexico long-distance market. "Our focus is toward Hispanic users in the U.S.," he says. The notion of taking on mammoth American firms is in keeping with the ambitions of multibillionaire Slim, widely assumed to be Mexico's richest man. His Grupo Carso holding company was already worth $1.2 billion in sales in 1990 when, along with Southwestern Bell and France Telecom, he bought 20% of stodgy, state-owned Telmex for $1.8 billion...
Bill Gates may be the richest American, but even he can complain that $15 billion ain't what it used to be. According to The Wealthy 100: A Ranking of the Richest Americans, Past and Present, by Michael Klepper and Robert Gunther, Gates ranks a mere 31st. He is ahead of the modest Mark Hopkins, one of the powers who built the Central Pacific Railroad, just behind meat-packer Philip Armour, and way, way behind John D. Rockefeller at No. 1. Gates doesn't figure to threaten old John D. The authors determined the standings by looking at the tycoons...
Believed to be the 10th richest man in China, Yung has been well rewarded for his efforts on behalf of Beijing. Last summer Yung brokered a deal between British conglomerate Swire Pacific and the China National Aviation Corp., owned by Beijing's aviation authority. CNAC was set to launch an airline to rival Swire's Cathay Pacific; Yung prodded the British firm instead to sell the mainland intruder a controlling share in Cathay's regional DragonAir. In January, CITIC Pacific paid $2.1 billion for 20% of Hong Kong's British-controlled electricity company. Beijing denied this was the next step...
...observed, "rich experiences...produce rich brains." Music provides some of the richest a child can have. It is never too early to start exposing your kids to it. Infants as young as four months old have defined tastes in music. If we parents, educators and policymakers expect our children to fully develop as human beings, we need to tend to their needs right from the start, and those needs include music. JOHN J. MAHLMANN, Executive Director Music Educators National Conference Reston, Virginia...
...ruthless business prowess, is the intellectual thinker for modern-day society. He knew what he wanted and was determined to achieve it. Instead of being a victim of circumstance, he turned events to his purpose. That's why he is today the ceo of Microsoft Corp., the world's richest man and perhaps the modern-day Napoleon of the technological world. But I wonder, Is Bill Gates as vulnerable as Napoleon was? MATHEW THURING Glen Waverley, Australia Your story on Gates resembled an episode from Lifestyles of the Rich and Famous. Such details as an income of $30 million...