Word: richest
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...phone calls seeking comment?standard operating procedure in a country where "the less said, the better" could be the corporate motto at most organizations. Ultimately, Yang may have contributed to his own downfall simply by flying too high and speaking too much. When Forbes magazine named Yang the second-richest man in China with a $900-million fortune, he lined up his cars, including a Rolls-Royce and two Mercedes limousines, so that Chinese papers could photograph them. "This is a town where, if you make a lot of money, you keep your head down," says an American businessman...
Down here in the poor south, the industrial formula is all too familiar: a northern business magnate learns to leverage his economic power to make the wheels in Rome turn in his favor. And with the government providing a shield - from both competitors and economic downturns - the richest in the land grow ever richer. Silvio Berlusconi comes first to most minds, having multiplied his real-estate earnings into unprecedented wealth in the 1980s after a sweet government deal helped him launch his private media empire. Sixteen months after he moved into the Prime Minister's office, Berlusconi quietly remains Italy...
...most frustrating observation is that after almost 20 years of booming growth, the percentage of poor people isn't any lower than it was in the 1970s. The 1990s brought dramatic improvements, particularly for African Americans, but also saw a widening gap between richest and poorest. "Having the economy going again isn't enough," says Michigan professor Sheldon Danziger. "To me the puzzle is that there isn't any discussion of this." --By Eric Roston
...political party once held to be the world's richest was never shy about using its money to buy support. At the peak of its power in the 1990s, Taiwan's Kuomintang (KMT) rewarded its members with stock options, lavished expensive gifts on journalists and opinion makers, and lured tens of thousands to political rallies and election booths with the promise of free food, hats, flags, jackets, and zou-lu-kun?red envelopes stuffed with petty cash. The party even dipped into its own coffers to bolster flagging stock markets or to buy diplomatic support from impoverished nations...
...Holdings) Co., which is listed on the Hong Kong Stock Exchange. A hardy perennial himself, Yang was orphaned at five, graduated from China's naval academy and, after winning a scholarship to study in the Netherlands, scored himself a Dutch passport. Last year, Forbes magazine named him the second richest man in China with an estimated worth of $900 million...