Saturday, 4th July 2009

 

4 June 2008 -

Billionaires go to Harvard

As many as fifty of America’s 469 billionaires went to Harvard, more than any other university, according to a recent study from Forbes magazine.

Stanford University came in second among American universities, with 30 billionaire alumni. Third place went to the University of Pennsylvania, with 27 billionaires, followed by Yale, with 19 and Columbia with 15.

Harvard's billionaire alumni include Microsoft chief executive Steve Ballmer, New York City Mayor Michael Bloomberg and media tycoon Sumner Redstone. Bill Gates attended Harvard, but never graduated.

Stanford’s graduates include Nike co-founder Philip Knight and discount brokerage founder Charles Schwab.

Altogether, just 20 universities and colleges account for 52% of the billionaire graduates in the US.

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Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

$95 Million Trump House Could Be Sold–Again

Donald Trump set a record when he sold a house for $95 million last year. It was, he proudly pointed out, the largest amount paid in the U.S. for a single-family home.

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