Socialist Billionaire Warren Buffett Mouths Off at Georgetown

Speaking at Georgetown University's Business School alongside with crony capitalist CEO Brian Moynihan, Warren Buffett has some rules millionaires and billionaires.

First: The "rich must learn to live on $500 million" and donate the rest.

Got that? The new Buffett rules. They apply to everyone else expect old Warren himself. See you at the country club Warren.

How to become a billionaire in China

If you think becoming a billionaire in China is hard to do. You make want to re-think that thinking.

Especially when it comes to the family of Chinese Premier, Wen Jiabao. Or, should we say, Wen Jiabao, Inc.

Yeah, the very humble guy toasting his countrymen, his party and his friends is really thanking everyone on making it all possible for his friends and family to become very well off indeed.

Read on and understand how and why and how much. Enjoy.


Yahoo Finance article

Warren Buffett sings to his new friends in China

(Reuters) - Billionaire investor Warren Buffett will reach out to millions of Chinese in the most curious of ways: singing for the online version of China's annual Spring Festival gala.

The Berkshire Hathaway chief executive, best known in China for his investment in automaker BYD Co Ltd, has recorded a video specially for the gala in which he sings and plays the guitar, state news agency Xinhua said, citing Wang Pingjiu, a production executive for the broadcast.

Only in the United States of America, circa 2012.

Game On In Russia: Billionaire to take on Putin

It is JUMP BALL ball in Russia for the 2012 presidential election.


It looks like Nets basketball team owner Mikhail Prokhorov vs. Vladmir Putin.


The Russian billionaire tycoon and world sports fan said he will run against Vladimir Putin in next year's presidential election. 

"These past two-and-a-half months, my colleagues and I have been quietly and calmly working to build an infrastructure that will allow us to gather two million signatures."

Orlando Magic basketball star Dwight Howard could not be reached for comment by your Think Billion$ blog.

Bill Gates Likes (+1) Communists

Those awake in the world over the past couple of decades know and understand that the People's Republic of China has been one of the world's worst serial polluters in the history of mankind.

Microsoft co-founder, and Think Billions VBF, Bill Gates believes he has a solution.

The billionaire software guru says he is in discussions with China to jointly develop a new kind of nuclear reactor.

Yes, you read that correctly. Bill Gates. China. Communists. Nuclear Energy.

At a talk this week at China's Ministry of Science & Technology, Gates said: "The idea is to be very low cost, very safe and generate very little waste."

Gates backs Washington-based TerraPower, which is developing a nuclear reactor that can run on depleted uranium. He says he is thinking about tossing perhaps as much as a billion dollars into R&D over the next couple of years.

Bill Gates Likes (+1) Communists.

We know that China Likes (+1) Bill Gates. Since the country has been using Microsoft software largely on a freeware basis over many, many years.