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Techno Finance and Executive Diary

Techno Finance and Executive Diary


Provides a insight over latest financial concepts important for TOP Executives. Important corporate topics which may be applied in various meetings and discussions. Disclaimer: Thanks to web/its writers..I have researched and found relevant and useful information and I am sure that viewers will find them interesting.

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Saturday, September 06, 2008

TOP Celebrity 100



IT IS THE YEAR OF THE TWEEN. Coming off a concert tour, a hit 3-D movie and a risqué picture in Vanity Fair, pop star Miley Cyrus (a.k.a. Hannah Montana) leads a slew of young stars onto our annual Celebrity 100 ranking of the world's ultrafamous. Also building buzz, and drawing dollars, from the under-18 crowd: Daniel Radcliffe, Zac Efron and Ashley Tisdale.

Despite weakening television ratings and magazine circulation, Oprah Winfrey remains at the top of the list, a power ranking based on both earnings and fame. The biggest earner: J.K. Rowling, whose final installment of the wizardly adventures of Harry Potter helped add $300 million to her coffers, solidifying her status as the richest author on the planet.

More at TOP Celebrities Forbes

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The World's Billionaires #1 Warren Buffett



Age: 77

Fortune: self made

Source: Berkshire Hathaway in United States

Net Worth: $62.0 bil

Country Of Citizenship: United States

Residence: Omaha, Nebraska , United States, North America

Industry: Investments

Marital Status: widowed, remarried, 3 children

Education: University of Nebraska Lincoln, Bachelor of Arts / Science
Columbia University, Master of Science
America's most beloved investor is now the world's richest man. Soared past friend and bridge partner Bill Gates as shares of Berkshire Hathaway climbed 25% since the middle of last July. Son of Nebraska politician delivered newspapers as a boy. Filed first tax return at age 13, claiming $35 deduction for bicycle. Studied under value investing guru Benjamin Graham at Columbia. Took over textile firm Berkshire Hathaway 1965. Today holding company invested in insurance (Geico, General Re), jewelry (Borsheim's), utilities (MidAmerican Energy), food (Dairy Queen, See's Candies). Also has noncontrolling stakes in Anheuser-Busch, Coca-Cola, Wells Fargo. Insurance operations flourished in 2007.

"That party is over. It's a certainty that insurance-industry profit margins, including ours, will fall significantly in 2008." The Oracle of Omaha issued a challenge to members of The Forbes 400 in October; said he would donate $1 million to charity if the collective group of richest Americans would admit they pay less taxes, as a percentage of income, than their secretaries. Had long promised to give away his fortune posthumously. Irrevocably earmarked the majority of his Berkshire shares to charity in 2006, mostly to the Bill & Melinda Gates Foundation. Gift was valued at $31 billion on day of announcement; donation will far exceed that sum so long as Berkshire shares continue to rise.

More at: Forbes Millionaires

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