Billionaire Oprah Winfrey use her powerful influence in Barack Obama's campaign

Billionaires Blog: By Pycoon

A Billionaire's Advice on Success

Billionaires Blog: By Brightcove

Netscape Founder Jim Clark talks about self awareness and success. Success Television takes a look at his childhood and personal difficulties. He's profiled by Donald Van De Mark.

DVD of Jim Clark & Stephen Covey

Billionaire's yacht cruising Hawaii

Billionaires Blog: By Robbie Dingeman

Photo via Splashvision
This Octopus measures 414 feet, sails around the world with a 60-person crew and boasts two helipads and a submarine.

The megayacht was turning heads in Honolulu Harbor this week after arriving Monday.
The ship, owned by Microsoft co-founder and billionaire entrepreneur Paul Allen, draws more than a second glance tied up among the fishing boats, tugs and working-class vessels.

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BILLIONARE SUCCESS STORY: Paul Allen - Microsoft

Blagojevich fundraiser got loan from billionaire tied to Rezko

Billionaires Blog: By Mike Robinson


Photo via dailyillini
Gov. Rod Blagojevich's chief fundraiser had arranged to get a loan from the same Iraqi billionaire whose $3.5 million payment got another member of the governor's inner circle thrown in jail.

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Hannah Montana To Be A Billionaire By Age Of 18

Billionaires Blog: By Hollyscoop

Photo via CBS News

Move over Olsen Twins. You want to know just how powerful Miley Cyrus is?

The numbers are in her favor. Based on the numbers released from this past weekend, financial analysts project Miley to be a billionaire by the time she's a legal adult.

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An Apartment Buying Spree for a Billionaire Investor

Billionaires Blog: By DealBook

Photo via Ezer Mizion
For the average New Yorker, moving in from the outer boroughs to more centrally-located digs in Manhattan is an “arrival” of sorts. For billionaire investor Ira Rennert, it’s a drop in the bucket.

Mr. Rennert, a native of Brooklyn who made his fortune in metals junk bonds and subsequently bought and sold the company that invented the Humvee, just purchased two Park Avenue apartments — one for each of his daughters, The New York Observer’s Max Abelson reported.

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Billionaire Jeffrey Epstein faces another sex sued

Billionaires Blog: By Pycoon

Photo: Patrick McMullan, Smoking Gun
55-year-old Jeffrey Epstein, an investor billionaire has been sued again, having just been sued January 24.A woman filed suit Wednesday accusing a New York billionaire of sexually assaulting her when she was underage.

The latest suit involves a 19-year-old woman who was 16 at the time, and says Epstein paid her $200 to disrobe and massage him. He removed his towel at some point and moved onto his back and began to touch her sexually and masturbated.

Both cases involve claims that Epstein lured underage girls to give him massages back at his mansion, which ended up becoming sexual. Each case seeks over $50m.

Another teenage girl made similar claims against Epstein in a lawsuit filed last month. She is also at the center of a criminal case against Epstein in West Palm Beach, where he is charged with one felony count of solicitation of prostitution. He faces up to five years in prison if convicted. A hearing in that case is set for March.

He also faces a similar sex abuse lawsuit in New York.

Epstein was named one of New York's most eligible bachelors in 2003 by the New York Post. He has lavish homes in Manhattan, New Mexico, Florida and the Virgin Islands.

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40% of world’s 10 wealthiest CEOs, are Indians

Billionaires Blog: By Pycoon

Laksmi Mittal: Photo by Albert Watson
According to Forbes magazine, steel tycoon Laksmi Mittal along with Mukesh and Anil Ambani are among the 10 wealthiest CEOs in the world.

four Out of the world’s 10 wealthiest CEOs positions are Indians, Laksmi Mittal is ranked at the second place followed by Mukesh Ambani (6th place), Anil Ambani (7th) and Wipro chief Azim Premji (9th).

The CEO of Berkshire Hathaway, Warrent Buffet is the wealtiest CEo with a fortune of $52 billion. Arcelor Mittal chief Lakshmi Mittal has a net worth of $32 billion, followed by Mukesh Ambani with $20.1billion and Anil Ambani have fortunes worth and $18.2 billion. Chief of IT bellweather Wipro Azim Premji has a net worth of $17.1 billion.

However, these net worth figures are not current and have been taken from 2007 billionaires list for Indian businessmen and from a September 2007 list for those from the US.Forbes said that the list of wealthiest CEOs was prepared after perusing the ranks of the Forbes 400 list of the richest Americans from September and its annual billionaires’ list from last March.

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Utah billionaire James Sorenson Dies of Cancer

Utah billionaire James LeVoy Sorenson, who overcame a childhood learning disability and built a fortune in pioneering medical equipment such as the computerized heart monitor and disposable surgical mask, died of cancer on Sunday. He was 86.

Mr. Sorenson was Utah's wealthiest man, the largest private landowner in the state as well as the richest Mormon, with a fortune estimated at $4.5 billion, according to Forbes magazine's 2007 rankings. He founded several companies, including Sorenson Research, which was acquired by Abbott Laboratories (ABT.N: Quote, Profile, Research) in 1980. He known both for his wealth -- and for choosing not to flaunt it.

Look in any modern operating room or intensive care unit, and you'll see enduring evidence of Jim's creative solutions to tough medical problems. Mr. Sorenson was considered one of the most generous philanthropists in the state, giving millions of dollars to medical facilities, religious organizations and other causes. Jim Sorenson was dedicated to making people's lives better. Spokesman for Sorenson Companies said funeral arrangements were pending Sunday. Instead of flowers, the family requested that donations be made to the many organizations Mr. Sorenson assisted, including the Huntsman Cancer Foundation. Mr. Sorenson is survived by his wife, Beverley, eight children, 47 grandchildren and 28 great-grandchildren.

Sorenson was born in Rexburg, Idaho, in 1921. Mr. Sorenson's company biography describes the difficulties he had growing up in a tar paper shack in Yuba City, California, where his father found work as a ditch digger during the height of the Great Depression in central California. Mr. Sorenson had dyslexia, a condition that can make words and letters look jumbled and makes reading and writing difficult.

Mr. Sorenson overcame the challenge and went on to become an astute problem solver, a talent that bolstered him throughout his career. Mr. Sorenson started in pharmaceutical sales in the 1950s. In his early 20s, he served as a missionary in New England for more than two years for the Church of Jesus Christ of Latter-day Saints.

He took up a job as a pharmaceutical sales representative after World War Two and started dabbling in real estate on the side. He co-founded Deseret Pharmaceutical in 1957, where he invented the first disposable paper surgical mask, and started Sorenson Research in 1962. His other medical inventions included the first real-time computerized heart monitoring systems and the automated intravenous drug pump.

Sorenson's interests also spanned other fields. Early in his career, Mr. Sorenson bought a goat pasture in the hills above Salt Lake City for $25 an acre. The former grazing land is now home to some of the area's most plush neighborhoods, overlooking the Salt Lake Valley from the Wasatch Mountain foothills.

In 2000, he founded Sorenson Genomics, which offers genetic testing services. The company helped the Thai government in identifying victims in the aftermath of the 2004 tsunami.
Its forensics unit has helped lead to arrests in about 10 cold murder cases in Utah since it was founded last year, spokesman David Parkinson said. Sorenson, his family and companies have also pledged more than $100 million to philanthropic organizations over the past three years.

Texas billionaire flies fifth-graders to Spiece

If you see a chartered jet at Fort Wayne International Airport with an NBA logo on the side, don’t get too excited about the Dallas Mavericks or San Antonio Spurs being in town to scrimmage against the Mad Ants.

No, these players are a little younger – in fifth grade, actually.
The jet will contain members of the Texas Titans traveling team, who are in town to compete in the Martin Luther King Classic on Saturday and Sunday at Spiece Fieldhouse.

The Titans boys basketball team is backed by Texas billionaire Kenny Troutt and often gets a lift to tournaments on a jet that NBA teams use. The team was featured in a recent Sports Illustrated article. The team has flown on the Arizona Diamondbacks’ plane, stayed at Caesars Palace for a tournament in Las Vegas and practiced at the Mavericks’ practice facility.
The Titans organization employs full-time coaches, skill instructors, a general manager, a traveling secretary and a trainer, all thanks to Troutt.

“I believe if you do something, you try to do it as best as you possibly can,” Troutt said in a 2006 Dallas Morning News article.

Tiger Woods to be the world's first sportsman billionaire!

TIGER Woods is set to become the world's first billion-dollar sportsman in 2010, Splash news reported on Thursday, citing Golf Digest magazine.The record-setting golfer took home a staggering US$122.7 million in 2007, an increase of US$26million from 2006, according to the reports.

Woods enjoyed a boom year on the golf course in 2007, winning his 13th Major title, as well as a $10million bonus for coming out on top of the FedEx Cup competition. Woods' bank account was also bolstered by lucrative advertising deals.

The magazine estimates that since turning pro in 1996, Woods has US$769.4million in total earnings. In 1996, only nine golfers earned more than US$1million a year. But in 2007, 158 players, including 99 on the PGA Tour, topped that figure.