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...Milanese are the go-getters of Italy. From the lowliest shopkeeper to the wealthiest industrialist, they are so proud of the industrial glories of their fast-growing city that some of them talk facetiously of a "republic of Milan." An Italian magazine recently suggested that the republic already had its first ambassador to the U.S. He is wiry, sharp-faced Piero Bassetti, who, at 34, not only runs his family's sizable, 140-year-old textile business, but also is one of Italy's most active and controversial politicians. As a member of Milan's city council...

Author: /time Magazine | Title: Italy: Politics Is His Business | 8/23/1963 | See Source »

Beautiful Spring. She was born "about 38" years ago into one of the wealthiest, most aristocratic landowning families in Viet Nam. Her maiden name was Tran Le Xuan, which means Beautiful Spring, and at her family's home in Hanoi she was waited on by 20 servants. Tutored at home, she never finished high school, took ballet lessons, once danced a solo at Hanoi's National Theater. She learned to speak French fluently, today mostly converses in that language, writes all her speeches in French before having them translated into Vietnamese...

Author: /time Magazine | Title: South Viet Nam: The Queen Bee | 8/9/1963 | See Source »

Though the world's wealthiest nation sells $4 billion a year more abroad than it buys, it still has to fret over its international finances. Now that the U.S. Government has taken three crucial steps to keep its limited supply of gold from flowing steadily abroad, the new concern is: How will these restrictions affect a delicately poised U.S. economy...

Author: /time Magazine | Title: State of Business: Worrying About Money--But Making It | 8/2/1963 | See Source »

...hours, like any suburbanite's, are invested in fighting the crabgrass on the lawn of his modest home in Darien, Conn., where he lives with his second wife (he has one stepson). Early-morning commuters do not recognize this unobtrusive suburbanite for one of the world's wealthiest men. About the only place that Ludwig's wealth shows through is aboard his $2,000,000 yacht Danginn, on which he occasionally likes to entertain movie stars and other celebrities while he lingers over a mild drink or soberly sips buttermilk...

Author: /time Magazine | Title: High Finance: This Man Ludwig | 8/2/1963 | See Source »

...empire. He controls an interlocking maze of 156 companies in autos, steel, chemicals and paper whose annual sales total is more than $2 billion -nearly twice that of the Krupp empire. His personal wealth has been set by tax collectors at $400 million, which makes him Germany's wealthiest...

Author: /time Magazine | Title: West Germany: Flick's Fortunes | 7/26/1963 | See Source »

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