Friday, July 6, 2007
Rupert Murdoch has succeeded with his $5 billion bid for Dow Jones, owners of the Wall Street Journal, according to sources acting for the Dow Jones board. Negotiations have been completed and the board is confident the terms of the deal will be accepted by the Bancroft family, which controls a majority of voting shares in Dow Jones, over the next few days. A formal announcement is expected next week.
previous stories -
New York Times Hits at Murdoch, Wife
Help! Billionaire Wanted: To Rescue Dow Jones & Co.
Wednesday, July 4, 2007
Tuesday, July 3, 2007
Mexican tycoon overtakes Bill Gates as world's richest man
Fiona Walsh, business editor
Microsoft founder Bill Gates looks to have lost his title as the world's richest man, toppled from top spot by the Mexican telecoms tycoon Carlos Slim.
Three months ago the cigar-chomping Mr Slim quietly slipped past legendary US investor Warren Buffett to take second place in the global wealth league.
Now, thanks to a surge in the shares of his America Movil group, Mr Slim has claimed pole position, according to the Mexican online financial publication, Sentido Común.
read::: Guardian Unlimited
How to meet and marry a billionaire
Money magazine's guide to the mating habits of the ultra rich
Today via MSNBC
We scoured the how-to-marry-rich literature and talked to society watchers, upscale matchmakers and wealth experts. And we pored over divorce news to see how spouse No. 1 was supplanted by spouse No. 2 (or 3).
Unfortunately, those who had already made it to Fat City refused to say how they got there. "I am just not telling," said one billionaire's wife over her cellphone before hanging up.
Nonetheless, our findings were encouraging. Marrying a billionaire is not beyond your grasp, as long as you're willing to work hard toward your goal. (Yes, hard work - albeit of a different kind - is still a requisite for achieving wealth.)
read::: Today via MSNBC