Showing posts with label Fame. Show all posts
Showing posts with label Fame. Show all posts

Friday, November 12, 2010

Top 10: Richest Men Of All Time

Source: www.askmen.com | The richest men of all time category is a bit like a revolving door in that the leader is often supplanted. Evidently, times change and so do fortunes -- even well after death in some cases. So, let’s see who stands where. We’re looking at estimated net worth at each man’s peak (or peak to date), put in 2008 U.S. dollars through comparisons of the U.S. gross domestic product and using calculations provided by the U.S. Department of Labor -- Bureau of Labor Statistics.

Since this article is about numbers, let’s ditch the lengthy introduction and get to know who the richest men of all time are currently.

Number 10

Carlos Slim Helu (1940 - )Carlos Slim Helu - Credit: Imperio Resendiz (Presidencia de la Republica)

$60 billion

The Mexican communications industry and other interests have been kind to Carlos Slim, to say the least. It’s said that between 2005 and 2007, Slim’s worth has doubled. In that period, his fortune grew around $27 million -- daily. The reason is simple: he owns everything in Mexico. Over 200 companies are under his thumb, ranging from the aforementioned telecom to transportation, and from cigarettes to soft drinks. He’s dismissed the title of “world’s richest man” with indifference, claiming that designation isn’t his kind of competition. Whether he wants it or not, he has been designated as one of the world’s richest men of all time.

Number 9

Warren Buffett (1930 - )Warren Buffett - Credit: Steve Grayson/WireImage.com

$62 billion

Like many who can afford to do so, Warren Buffett doesn’t mind pursuing new acquisitions when the economy is tanking. His latest was a joint effort with Mars for a $23 billion buy of Wrigley. Still, you might get the impression that he’s not in all this for the same reasons as others. This is the man who appeared before Congress last fall and warned of the rise of “dynastic wealth,” stressing the importance of the estate tax. Buffett also earmarked $31 billion for the Bill and Melinda Gates Foundation. Only the richest men of all time can donate billions.

Number 8

Sam Walton (1918 - 1992)Sam Walton - Credit: Public Domain

$62.1 billion

Sam Walton’s passing in 1992 came too soon for him to see the full potential of his Wal-Mart empire, though he was certainly successful in his lifetime. Much of it came from offering things that we take for granted today: good variety and convenient store hours, for example. He also set the stage for efficient, cost-effective central warehousing of merchandise, extending his competitive reach into smaller markets and well beyond his first store in Arkansas.

Number 7

Marshall Field (1834 - 1906)Marshall Field - Credit: Public Domain

$63.7 billion

For better or worse, the “customer is always right” philosophy began with Marshall Field. Evidently, Field never saw a little old lady try to return a 20-year-old waffle iron 19 years after its warranty expired. Either way, this early acknowledgment of customer service spelled success. Like the aforementioned Sam Walton, Field’s retail store struck gold by instituting what have become foregone conclusions today. Developing a policy for exchanges was one; displaying merchandise prices was another. Field also did well for himself in his Chicago real estate ventures, but he’ll always be remembered for his department stores.

Number 6

Frederick Weyerhaeuser (1834 - 1914)Frederick Weyerhaeuser - Credit: Public Domain

$76.5 billion

The man whose name would become synonymous with lumber capitalized on timing and access to resources to build his fortune. Frederick Weyerhaeuser’s timber resources after the Civil War were considerable, and demand was even greater. Though it would never fly today, Weyerhaeuser extensively clear-cut in the Midwest, creating farming opportunities in many areas and a permanent economic shift.

Number 5

John Jacob Astor (1763 - 1848)John Jacob Astor - Credit: Wikimedia Commons

$116.6 billion

If John Jacob Astor were alive to hear industry critics’ “fur kills” cries, he might partially agree. He did, after all, make a killing in fur and it made him the first millionaire in America. Upon overhearing a man discussing fur trading, Astor decided to pursue it himself and realized great success. Along the way, he diversified and dabbled in selling opium -- again, he was successful. Decades later, he got out of the fur business and segued into New York City real estate.

Number 4

Bill Gates (1955 - )Bill Gates - Credit: UPI

$124 billion

Even if Bill Gates’ currently estimated $58 billion fortune is down from its heady peak nearly a decade ago, the Harvard dropout and Microsoft leader is hardly hurting. After the proposed merger with Yahoo fizzled out and shares dropped in the dominant company he cofounded, he’s probably not losing sleep. He is no doubt looking forward to stepping back from his current role at Microsoft and devoting more time to the Bill and Melinda Gates foundation, currently $38.7 billion strong.

Number 3

Cornelius Vanderbilt (1794 - 1877)Cornelius Vanderbilt - Credit: Wikimedia Commons

$178.4 billion

You can’t necessarily get rich by playing nice, and Cornelius Vanderbilt apparently took that to heart. If some point to Sam Walton as the one who unfairly undercut prices, they should look a little further back to Vanderbilt. In his early years in the steamboat business, he would undercut competitors to the point of his own unprofitability, just to make a point. That ruthless competitive nature typified Vanderbilt through his years, especially in the way he ran his railroad empire. He may not have always played nice, but without exception, he played to win.

Number 2

Andrew Carnegie (1835 - 1919)Andrew Carnegie - Credit: Wikimedia Commons

$297.8 billion

Steel wasn’t a bad business pursuit in the late 1800s. It paid off for Andrew Carnegie and continued to pay handsomely through philanthropy long after his death. A self-made man from humble beginnings, Carnegie worked hard from childhood. He didn’t enjoy overnight success, but he did realize almost continual progress. His savings became investments and his investments became capital for the business ventures for which he would later be known. Even if today’s wealth seekers don’t necessarily follow Carnegie’s principles for philanthropy, they do still highly regard his formulas for acquiring the means.

Number 1

John D. Rockefeller (1839 - 1937)John D. Rockefeller - Credit: Wikimedia Commons

$323.4 billion

You have to wonder how John D. Rockefeller would fare as a major player in Big Oil today. After all, he founded Standard Oil in 1870, and it wasn’t long before he dominated the industry. Naturally, some didn’t take kindly to that and the company was eventually found to have monopolized. Yet, for all Rockefeller’s detractors, the U.S.’s first billionaire was a serious philanthropist to education, medicine and science. From a legacy standpoint, however, he’s best remembered for his unfathomable wealth. Even today, the name connotes “money.”

big money

Even before you put these men’s peak wealth into today’s dollars, their fortunes are as formidable as their accomplishments. Only time will tell whether the richest of the rich will ever be usurped.

Top 10 The World's Most Powerful Women

Source: www.forbes.com |
US first lady Michelle Obama was named the world's most powerful woman by Forbes magazine, toppling German Chancellor Angela Merkel after four years on top.

Performance artist Lady Gaga made the top 10, coming in seventh.

Merkel was relegated to the fourth position, preceded by Kraft Foods Inc chief executive Irene Rosenfeld and talk show host Oprah Winfrey at second and third place, respectively.

Obama has "made the office of first lady her own," Forbes said. While more involved in policy than her predecessor, Laura Bush, Obama has stayed away from "hard policy," unlike Hillary Clinton did when she was first lady.

"A fashion icon and an athletic mother of two, she's Jackie Kennedy with a law degree from Harvard and street sense from Chicago's South Side," Forbes said.

US Secretary of State Hillary Rodham Clinton came in fifth, followed by Pepsi Co chief executive Indra Nooyi and Lady Gaga.

The chief executive of Australia's Westpac Banking Corp, Gail Kelly, was the only other non-US power woman in the magazine's top 10 list.

Singer Beyonce Knowles and talk show host Ellen DeGeneres completed the top 10.

Top 10 Most Powerful Men in the world

Source: www.justsharethis.com |

No 1.Barack Obama
BarackObama thumb Top 10 Most Powerful People in the worldPresident-United States of America-Age: 48
Presides over world’s largest, most innovative, most dynamic economy; commander-in-chief of planet’s richest, deadliest military; finger on button of nuclear arsenal containing more than 5,000 warheads; head-of-state of world’s sole superpower; his Democrats have majorities in both U.S. House and Senate; recently awarded Nobel Peace Prize, apparently for general awesomeness.







2 Hu Jintao

 Top 10 Most Powerful People in the world Top 10 Most Powerful People in the world
President Hu Jintao thumb Top 10 Most Powerful People in the worldPresident-People’s Republic of China-Age: 66 Paramount political leader of more people than anyone else on the planet; 1.3 billion Chinese, some 70% in their prime working years of ages 15 to 64 powering world’s low-cost workshop, transforming nation. "Coming-out party" at 2008 Beijing Olympic Games showcased young, modern, harmonious society. Credible estimates have China poised to overtake U.S. as world’s largest economy in 25 years—although, crucially, not on a per-capita basisHu Jintao









3 Vladimir Putin

VladimirPutin thumb Top 10 Most Powerful People in the worldPrime Minister-Russia-Age: 57 Prime Minister might as well be known as Czar, Emperor and Autocrat of All the Russians. Vastly more powerful than his handpicked head-of-state, President Dmitry Medvedev. Presides over one-ninth of Earth’s land area, vast energy and mineral resources. Former KGB officer unafraid to wield his power; invading Georgia, cutting off natural gas supplies to Ukraine or Western Europe (again). Declared nuclear power has veto on U.N.’s Security Council. The anti-Obama: "I’m deeply convinced that constant change is not for the better."Vladimir Putin








4 Ben S. Bernanke

BenS.Bernanke thumb Top 10 Most Powerful People in the worldChairman-Federal Reserve-U.S.-Age: 55 Former chairman of Princeton’s economics department and noted Great Depression scholar now guiding world’s largest economy through Great Recession; has overseen massive growth in Fed’s balance sheet, from less than $900 billion in liabilities in August 2008 to more than $2.1 trillion today. With federal funds rate now effectively 0%, the so-called Bernanke Doctrine calls for using monetary policy to stave off deflation. "The U.S. government has a technology, called a printing press, that allows it to produce as many dollars as it wishes at essentially no cost."








5 Sergey Brin and Larry Page

SergeyBrinandLarryPage thumb Top 10 Most Powerful People in the worldFounders-Google-U.S.-Age: 36 If knowledge is power, maybe information is too. Brainy duo met in Stanford computer science Ph.D. program, now trying to put all the world’s information at your fingertips. Known for collecting best and brightest young tech talent at Mountain View, Calif., "Googleplex"; employees encouraged to spend one day a week on personal projects; company often named "Best Place To Work" in America. Google guys’ combined net worth of $30.6 billion would place them third on the Forbes 400. Yet despite professed intentions to "do no evil," Google is blamed in some quarters for decimating traditional publishing, journalism. Brin: "Some say Google is God, others say Google is Satan."





6 Carlos Slim Helu

 Top 10 Most Powerful People in the worldChief executive-Telmex-Mexico-Age: 69 World’s third-richest man is dominant economic force in Mexico, personal fortune equivalent to some 2% of Mexican GDP. Telecommunications monopolist: His Telemex owns 90% of Mexico’s fixed telephone lines; his TelCel has 90% of wireless market. Also head of group dedicated to improving Mexico’s roads, energy infrastructure, water supply. New focus, media: Last fall snapped up 7% stake in the New York Times Co., largest after Sulzberger owner-family. "I think it’s perverse to believe there shouldn’t be strong companies in poor countries."








7 Rupert Murdoch

RupertMurdoch thumb Top 10 Most Powerful People in the worldChairman-News Corp.-U.S.-Age: 78 "The man who owns the news" still believes in print, not afraid to use vast media holdings to further personal political views. Media empire includes leading British (the Times), Australian (The Australian), American (The Wall Street Journal) newspapers, in addition to tabloids like the New York Post and The Sun (U.K.). Also movies (20th Century Fox), books (HarperCollins), television (Fox, BSkyB), online (MySpace). Weak ad-marketing hurting his News Corp.: net loss of $3.4 billion in fiscal 2009, stock off March lows, but still well below 2007 levels, when he made a $5.6 billion gamble on Dow Jones. Accused Google of stealing content; threatened to block search engine from indexing his Web sites. "Quality journalism isn’t cheap."







8 Michael T. Duke

President, CEO and Director-Wal-Mart Stores, Inc.-U.S.-Age: 59
MichaelT.Duke thumb Top 10 Most Powerful People in the world Runs world’s largest retailer, more country than company: $401 billion in annual sales, 2 million employees, 8,000 stores. Wal-Mart alone is China’s eighth-largest trading partner. Largest private-sector employer in U.S.; favorite target of unions; blamed and praised for backing Obama health care proposals, shifting economic power from manufacturers to retailers, from mom-and-pop to big box. "I am competitive by nature and I want to win."











9 Abdullah bin Abdul Aziz al Saud

9AbdullahbinAbdulAzizalSaud thumb Top 10 Most Powerful People in the worldKing Saudi Arabia-Age: 85 Absolute ruler of desert kingdom that contains the world’s largest crude oil reserves, two holiest sites in Islam. State-owned oil producer Saudi Aramco most profitable company on Earth, earns more than $200 billion a year, has reserves of 260 billion barrels or 25% of planet’s known supply. Ultimate succession unclear: 85-year-old king’s official heir is 81-year-old Crown Prince Sultan bin Abdul Aziz Al Saud. In 2006, established committee of senior princes to ensure smooth transition in the event both become incapacitated.









10 William Gates III

WilliamGatesIII thumb Top 10 Most Powerful People in the worldCo-Chair-Bill & Melinda Gates Foundation-U.S.-Age: 54 Richest man in the world monopolized, transformed software business. More than 85% of world’s hundreds of millions of computer users stare at, struggle with, Microsoft products on daily basis. Second act: Saving the world. Still Microsoft chairman, but now devotes day-to-day to his Bill & Melinda Gates foundation, the largest charity on Earth with $34 billion endowment. Foundation devoted to reducing hunger, improving education and fighting diseases like malaria, tuberculosis and AIDS.