Word: wealthiest
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...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's wealthiest man. But long before Berlusconi joined the political fray, Giovanni Agnelli, the patriarch of the Fiat car dynasty, was a subtler symbol of Italy's unique brand of state-stewarded capitalism. Praised around the world as the man who brought Italian industry into the big leagues in the 1960s...
...pocket," says Diaz, who's looking for a second job. "That's not even enough to buy my daughter a pair of sneakers." Maria is part of Switzerland's growing population of working poor, people who barely manage to scrape by in one of the world's wealthiest nations. Lately social groups, trade unions and left-leaning political parties have brought the poverty problem to public attention. But coherent statistics are hard to come by. Because the country has historically had so few poor, "we have no tradition of gathering data on poverty," admits St?phane Fleury, a researcher...
...China Premier Zhu Rongji complicated matters further by ordering a crackdown on tax evasion that targeted China's wealthiest citizens. Yang was investigated, but no wrongdoings were uncovered. To quell jitters, Yang called an extraordinary news conference in Hong Kong in July to deny a press report that he'd cheated on taxes or fled China to escape prosecution. "If I evade taxes, I can't leave China. So my presence in Hong Kong is the best proof," Yang said...
...Part of Taufik's problems stem from the perception of the company he keeps. The President's husband recently met Tomy Winata, one of the country's wealthiest ethnic-Chinese businessmen and a man known for his close ties to the gambling underworld. Taufik and some family members (but not Megawati) were vacationing on an island owned by Winata. Taufik also famously conducted a prolonged shopping spree in New York City with Jacob Nursalim, the nephew of Syamsul Nursalim, one of Indonesia's largest debtors. Indeed, as TIME wrapped up an interview with Taufik at his home on a recent...
Some have also speculated that Cuno’s departure from one of the wealthiest university museum systems in the world may have been due to displeasure with University President Lawrence H. Summers...