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...billion, but Nina Wang, Asia's richest woman, liked to eat takeout and shop at discount outlets. The saga of "Little Sweetie," as she was dubbed by the Hong Kong press, became tabloid fodder as she battled her father-in-law over the fortune of her real estate--tycoon husband Teddy Wang, who was kidnapped in 1990 and never seen again. (A 2005 ruling allowed her to hold on to the estate.) She was 69 and reportedly had ovarian cancer...

Author: /time Magazine | Title: Milestones Apr. 16, 2007 | 4/5/2007 | See Source »

...parking-garage tycoon Joe Diamond, you might still be looking for a spot. In the 1940s, faced with a postwar shortage of parking-lot attendants, he set up self-pay boxes to collect fees. His tactics, like attaching 50-gal. drums to the tires of unpaid vehicles, irked customers, but his idea caught on, helping make self-pay systems standard in lots across the country...

Author: /time Magazine | Title: Milestones Mar. 26, 2007 | 3/15/2007 | See Source »

DIED. Ernest Gallo, 97, vintner tycoon; just weeks after the death of his younger brother, cheesemaker Joseph Gallo; in Modesto, Calif. He grew up on a vineyard owned by his father, an immigrant from the wine-rich region of Piedmont, Italy. After their parents died, Ernest and his brother Julio began E. & J. Gallo Winery in 1933 with $5,900 and a wine recipe from a public library. With Ernest directing the company's innovative marketing campaigns, the duo turned the distinctly American family business into one of the world's largest winemaking empires...

Author: /time Magazine | Title: Milestones Mar. 19, 2007 | 3/8/2007 | See Source »

DIED. Anna Nicole Smith, 39, former Playboy model, widow of an octogenarian tycoon, mother of a newborn, and tabloid celebrity; of unknown causes, after collapsing in her hotel room in Hollywood, Fla. (see page...

Author: /time Magazine | Title: Milestones Feb. 26, 2007 | 2/15/2007 | See Source »

Admittedly, the airline industry has improved efficiency over the past 40 years, with technological upgrades more than doubling efficiency. There are tweaks in aircraft operations that could nip carbon emissions even further. Virgin Atlantic airlines tycoon Richard Branson, who last year pledged $3 billion in the fight against climate change, advocates having planes towed on the ground rather than taxiing, which he has said could cut a yet unspecified portion of fuel on long flights. Emissions trading for the air industry could help as well, with airlines given carbon caps and then being required to purchase credits from other industries...

Author: /time Magazine | Title: Greenhouse Airlines | 2/1/2007 | See Source »

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