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Archive for Bill Gates

The Top Vacation Retreat Favorites of Billionaire Celebrities. via [travelvivi]

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Where Billionaire Celebrities Spend Their Vacations
Posted by L.K.

The economic crisis has not spared the world’s richest people: their losses are calculated with astronomical sums. But whether this was reflected in their vacation last year? Maybe when many ordinary families in general were forced to abandon holiday voyages, wealthy guests were taking their rest in all-inclusive hotels? No, the billionaires are in no hurry to part with their habits: they still continue to spend on holiday such amounts of money which are simply compatible with the budget of some developing countries. So let’s see where some of the richest celebrities like to relax according to the magazine Forbes.

Oprah Winfrey: Antigua


The best-known television host Oprah Winfrey loves to enjoy the peace of the Caribbeans. Despite the fact that she owns huge tracts of land on California’s beautiful lands, on Maui and Montecito, Oprah tends to rest in peace and tranquility under the huge palm trees in the washed crystal-clear waters of the Caribbean beaches.
To do this, she goes to the coast of Antigua, where her neighbors are usually celebrities such as Eric Clapton, one of the leading classic rock musicians. Here the problems seem to be decreased to the lowest level and thus there’s no needs to worry about the US hitches which are left to far from the unusual paradise.

Richard Branson: British Virgin Islands


Let’s be honest- the Caribbean are a real reserve of billionaires from various countries. The father-founder of  the huge corporation Virgin, Richard Branson, apparently having decided once again to play with the words, bought himself an island Necker – one of the British Virgin Islands, and built a huge house with eight rooms in Balinese style. While being surrounded with the turquoise waters, this piece of land lies on the softest fine-grained sand. This gives an additional opportunity to swim among the coral reefs surrounding the Necker or to start learning any other kind of water sports.
Branson has a full staff of servants, including a personal chef and masseuse. Incidentally, the famous businessman from time to time turns his possession. So if you have nowhere to go relaxing and have some extra hundreds of dollars to spend freely, you can easily live there too. He enjoys hosting around 28 guests who are resting next to him.

Paul Allen: Octopus Yacht


Long stays in one place seem to be tiring and even the fact that it’s a luxurious place for resting, doesn’t save celebrities from boredom. And because of this Microsoft co-founder Paul Allen, doesn’t like to have a rest on solid ground while preferring instead to swim in his own mega-yacht that costs him $ 200 million.
In this floating five-star hotel there are not only ordinary pool and a cinema. The hotel owner and his guests have a basketball court, a couple of helicopters and a real submarine for 10 people.  The yacht is so big that the crew serving the miracle yacht is no more, no less than 60 people.

Roman Abramovich: Wildcat Ridge, Colorado, USA


Not all the celebrities of this world like sandy beaches, palm trees and warmer climates. Roman Abramovich, if he does not travel on his 170-meter yacht, usually chooses to rest in the countries with a cold climate. The owner of Chelsea Football Club loves to ski, and so bought himself a small, only 80 hectares, ranch Wildcat Ridge near the famous ski resort of Aspen in Colorado.
There is no need to get surprised. The thing is that Roman Abramovich is not only owning a club following the idea of healthy lifestyle, but he also enjoys various sports himself, trying to appear to the public in his best shape.

Bill Gates: Western Greenland


Another fan of the cold countries and places can be truly called Bill Gates. Once in 2008, the world’s most famous programmer has left Microsoft, he began charity work and because of his wife, Melinda to spend much time in Africa.
Let’s not make any kind of rumors about why the African heat bothers him, and he prefers to rest in Greenland, in the heart of skiing Apussuit Adventure Camp, let’s just take this fact as a note. Greenland is a truly wild corner of the world. Even the cities of this country are quite deserted and even some of them are not even inhabited, and only at a remote resort on the west of the island is where some adventurers like Bill Gates enjoy having a vacation.

Francois-Henri Pinault: Ibiza, Spain


Although most of the billionaires do not like to be on the center of attention and thus avoid journalists, it’s not true about Francois-Henri Pinault, the son of billionaire Francois Pinault. Not long ago he decided to conquer the world of fashion and art, making a present for paparazzi, having gone with his girlfriend actress Salma Hayek to Ibiza.
Photographers were waiting for a couple of moments to take pics of the couple who were relaxing on this Mediterranean coast, and their shots hit the magazines of all over the world. However, the young Mexican was not embarrassed at all: she was so charmed by Pino (or, at least, Ibiza), that next Valentine’s Day the young and attractive couple decided to get married.

Mukesh Ambani: Mumbai, India

However, not all billionaires like to overcross the seas and oceans to soak in somebody else’s country house. Indian telecom tycoon Mukesh Ambani prefers to relax at home. To this end, he decided to arrange a home in Mumbai in its own extravagant 27-storey skyscraper worth around one billion dollars. It seems to be rather interesting to have something like a hotel for your own.

Under construction now this man’s residence will take four floors, and there will be everything necessary for a modest multi-billionaire recreation: outdoor garden, a large dance hall with a chandelier, which occupies 4 / 5 ceiling, yoga studio and a special ice room, where you can hide from the Indian heat. The only question left to be answered is the one whether Mukesh plans to have all of the house for his own or going to have some “guests” to come over?





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World’s RICHEST man, Slim is a born wheeler-dealer via [Reuters]


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World’s richest man, Carlos Slim, a born wheeler-dealer

by Noel Randewich

MEXICO CITY
(Reuters) – Mexico‘s Carlos Slim, named the world’s richest man on
Wednesday, first showed a talent for business as a 10-year-old kid when
he filled his pockets with pesos selling drinks and snacks to his
family. 

Lifestyle |  Mexico
As a youngster he also kept accounting ledgers of what he earned and
spent and bought a government savings bond from which he learned
valuable lessons about compound interest.
More than half a century later Slim, 70, has amassed a fortune of
$53.5 billion, beating Microsoft founder Bill Gates to top the list of
the world’s richest people, according to a new ranking published by
Forbes magazine (www.forbes.com).
His far-flung business empire includes some of Mexico’s best-known
department stores, its biggest telecoms operator, hotels, restaurants,
oil drilling, building firms and Inbursa bank (GFINBURO.MX)
— making it hard to go a day in Mexico without paying him some money.
Outside Mexico Slim has holdings in such prestigious groups as
retailer Saks (SKS.N)
and New York Times Co (NYT.N).
His defining foray occurred in 1990 when he and his partners bought
creaking state telephone company Telmex (TELMEXL.MX)
for $1.7 billion. Turning it into a cash-making jewel, he spun off
America Movil (AMXL.MX)
and expanded it through acquisitions to become the world’s No. 4
wireless operator.
While critics accuse him of using a monopoly to build his fortune,
Slim has a simple philosophy about making money.
“Wealth is like an orchard,” he told Reuters in 2007. “With the
orchard, what you have to do is make it grow, reinvest to make it
bigger, or diversify into other areas.”
Cigar-smoking Slim’s trademark is his “Midas” touch, acquiring
struggling firms and turning them into cash cows.
In 2008, he bought a minority stake in the New York Times as the
stock tanked. Now, warrants he received for lending the publisher $250
million could net him more than $80 million and could lead to a 16
percent stake in the company for Slim, who says he has no interest in
becoming a U.S. media baron.
But Slim’s newspaper investment has ruffled feathers in the New York
media establishment. As investors speculated last week that he could
move to acquire more of the Times, media mogul Rupert Murdoch said he
doubted the controlling family would relinquish control to an outsider,
especially from abroad.
FRUGAL LIFESTYLE
Slim learned his first business lessons from his father, Julian Slim
Haddad, a Lebanese immigrant who came to Mexico in the early 1900s,
opened the “Star of the Orient” general store and bought properties
cheap during the Mexican Revolution.
In 1987, when stocks nosedived during one of Mexico’s many crises,
Slim saw opportunities where others feared disaster, picking up
low-priced shares and selling when they recovered.
“We know that crises are always temporary and there is no evil that
lasts 100 years, there is always an overshoot,” Slim once said. “When
there is a crisis that provokes an adjustment, an overreaction comes
along and things get undervalued.”
Slim’s enormous wealth stands starkly against his frugal lifestyle.
He has lived in the same house for about 40 years and drives an aging
Mercedes Benz, although it is armored and trailed by bodyguards. He
eschews private jets, yachts and other luxuries popular among Mexico’s
elite.
After studying engineering, Slim founded a real estate company and
worked as a trader on the Mexican stock exchange.
His wealth growing, he opened a brokerage in the mid-1960s and a
decade later he began his trademark trait of buying failing businesses,
including a cigarette company. He acquired department store and cafe
Sanborns, a mine operator and manufacturers of cables and tires.
By 1990 Slim had built the fortune he used with partners to buy
Telmex and launch his telecoms empire. America Movil now has 201
million customers from Brazil to the United States.
Slim has handed over the day-to-day operation of his companies to
his three sons and loyal business partners but remains clearly in
charge when appearing with them at media events.
He has become involved in combating poverty, illiteracy and poor
healthcare in Latin America and promotes sports projects for the poor,
but has never voiced plans to give chunks of his wealth to charity like
Gates or fellow billionaire Warren Buffett.
Businessmen, he says, do more good by creating jobs and wealth
through investment, “not by being Santa Claus.”
(Editing by Catherine
Bremer
and Eric
Walsh
)



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The Crucial Links Between Social Status and Health via [Psychology Today]

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Body of Evidence: Top of the Heap

Name: Sonja Tremont-Morgan

Profession: Philanthropist

Tremont-Morgan, once married to a descendant of J.P. Morgan and John
Adams, is very aware of social status, having put herself through
college and now donating her energy and resources to benefits around the
world. Not one to take her current lifestyle for granted, she says,
Education is a great luxury.”

  • King Kong of the HillYour place in the pecking order may predict your susceptibility to
    addiction. Thanks to chronic social strain, neural reward centers are
    less active in subordinate monkeys than in dominant ones. As a result,
    stressful encounters increase beta primates’ demands for cocaine.
  • Lab Partner from HellCollaborating for just a few minutes with someone who dominates the
    assignment can increase your cardiovascular reactivity to stress. Study
    participants who worked with an assertive partner and then performed a
    tension-inducing follow-up task saw a higher increase in systolic blood
    pressure than those paired with a deferential teammate.
  • Cold ShouldersFeeling high on the totem pole could spare you a lot of sneezes. A
    study in which people were exposed to a virus and then quarantined
    showed that those who rated their socioeconomic status (SES) the lowest
    were much more likely to come down with sniffles than were others. Less
    sound sleep among those low on the ladder partially caused the sickening
    effect.
  • Mind Your MannerismsEven without bling, your body exudes elaborate clues to wealth.
    Watching someone’s casual conversational behavior for only a minute
    provides enough info to guess his SES better than chance. While those
    with fewer resources show more signs of engagement, such as nodding and
    laughing, the well-heeled remain aloof.
  • The Young and the SES-lessGrowing up downtrodden may permanently sensitize you to social
    threats. Young adults raised by parents with low SES react more
    emotionally to angry faces than do others.
  • Say UncleWhy do some people step up their game after an embarrassing defeat
    while others roll over and play dead? Social anxiety has a big role.
    Although baseline testosterone levels—associated with dominance—are no
    lower in the socially anxious, these worriers respond to drops in status
    with dips in the hormone and a submissive white flag.

Author: Matthew Hutson

Social status reveals a wealth about health. Having more confidence
and resources can shield you from ill health.