Tycoon Profiles

Business lessons and insights from billionaires and tycoons.

1 4 5 6 7 8 12

Australian mining magnate Gina Rinehart is the world’s richest woman.

I just caught this profile while scanning world news at the BBC.

With an estimated net personal wealth of $A29 billion ($US29.3bn, £18.79bn), Rinehart has in recent years gone from being Australia’s richest woman to Asia’s richest woman to arguably the world’s.

Australian business magazine BRW has named her the world’s wealthiest woman, and Citigroup has also predicted that the 58-year-old businesswoman will soon top the global rich list, with more than $100bn (£64.8bn) of assets to her name.

Continue reading

How Did Billionaire Carlos Slim Become the Richest Man in the World?

Life is like a snowball. The important thing is finding wet snow and a really long hill.  — Warren Buffett

The answer is that Carlos Slim did it the tried and true old-school way: deal-making. Deal-making is defined here as the acquisition of numerous assets over a prolonged period of time. The intention is to increase the value of the assets so that they can at some point be sold off at a massive profit. Most of these are assets will be businesses. Most are then kept long-term because they are “cash cows,” to reference the famous Boston Consulting Group portfolio matrix. Others maybe flipped after a shorter period of time.

Continue reading

1 4 5 6 7 8 12

Your First 100 Million

I am ready to build something great. Where do I start? Right here.

Your First Million

Not ready yet for the big leagues? Then go work on your first million instead. Click here.

Send Me More Info

Tell me more about how I can grow my business faster with acquisitions and the occasional special offers.

Click here.


Protected by Copyscape Duplicate Content Check