Saturday, November 22, 2008

Mikhail Fridman

Name: Mikhail Fridman
Date of Birth: 21april,1964
Country of Citizenship: Russia
Education: Moscow Institute of steel and alloys,bachelor of arts/ science
Fame: #20 on Forbes list of richest people
Mikhail Fridman spent his childhood in Ukrainian city of Lvov and studied at the Moscow Institute of Steel & Alloys in 1980s. He founded Alfa Group in 1990s with his college friends German Khan and Alexei Kuzmichev.Mikhail Fridman is Chairman of the Supervisory Board. His vision has built Alfa Group into a market leader in Banking, Energy, Telecommunications and Retail. Alfa Group Consortium incorporates: Alfa-Bank, which is one of Russia’s largest privately owned banks, TNK-BP, formed by the historic joint venture between British Petroleum and Tyumen Oil Company which was completed in 2003. Fridman also serves as Member of the Board of Directors of VimpelCom, the second of three major market leaders in the Russia’s rapidly growing mobile communications market. He is one of the Russia's most influential and successful busniess leaders. Alfa group has become one of the most attractive partners for international investments in russia.The historic joint venture with British Petroleum, announced in the summer of 2003, was the largest foreign investment deal in Russian history at that time and was valued at over US$ 7 billion.
Fridman's achievements have been recognised by prestigious international publications and organisations in the world of finance and business. Mikhail Fridman was named as one of the "Europe's power 25" by FORTUNE in 2004, and was included in the Financial Times list of ”2004 Leaders of the New Europe”. Mikhail Fridman was honoured with the Golden Plate Award of the International Academy of Achievement in Washington in 2003 and the award was presented by former US president Bill Clinton.His net worth is estimated around$20.8 billion. In 2007 Fridman was declared unofficial winner of a protracted and multimillion-dollar legal battle over a stake in Russia's third-largest mobile carrier Megafone. Source ( FORBES).
For more information on Mikhail Fridman check( Business week).






Sunday, November 16, 2008

Lawrence Ellison

Name: Lawrence Ellison
Date if Birth:August 17,1944
Occupation: Co-founder and CEO, Oracle
Country of Citizenship: Unites States
Education: University of Illinois , Dropout
Larry Ellison was born in The Bronx, New York City , in New York State to Florence Spellman At his mother's request, he was given to his mother's aunt and uncle in Chicago to raise. Lillian Spellman Ellison and Louis Ellison adopted him when he was nine months old. A paper written by Edgar F. Codd on relational database systems called "A Relational Model of Data for Large Shared Data Banks."inspired Elllison. He founded Oracle in 1977, putting up a mere $2000 of his own money, under the name Software Development Laboratories (SDL). In 1979, the company was renamed Relational Software Inc., later renamed Oracle after the flagship product Oracle database. The initial release of Oracle was Oracle 2; there was no Oracle 1. The release number was intended to imply that all of the bugs had been worked out of an earlier version. IBM gave Oracle the toughest competition. IBM dominated the mainframe relational database market with its DB2 and SQL/DS database products, it delayed entering the market for a relational database on UNIX and Windows this gave oracle and other competitor a chance to dominate mid-range and microcomputers.
Forbes list Lawrence elllison as 14th most richest person on the list of richest person with a net worth of $25 billion source (FORBES).Oracle is reshaping the software industry via acquisitions . Oracle under his leadership has purchased 21 firms for more than $19 billion since the beginning of 2006. Oracle has also made its entry into retail, business intelligence software . His creative leadership is taking Oracle on the path of success .
For more information source check ( Time).

Li Ka-Shing

Name: Li ka-shing
Date of Birth: June 13,1928
Fortune: Self Made
Country of Citizenship: Hong kong
Industry : Diversified
Education: High school, Dropout
li Ka-shing was Born in China. He came to Hong Kong as a refugee. He is one of the richest person of chinese descent in the world. Forbes rank him No.11 on the list of richest people of the world. His Net worth is estimated around$26.5 billion. Source( Forbes). Li Ka-shing was Forced to drop out of high school, he founded his first company, a plastics manufacturing concern, in his early 20s. Through Cheung Kong (Holdings), his corporate flagship, and Hutchison Whampoa, a conglomerate, he wields enormous influence in Hong Kong, mainland China, and Europe, which last year accounted for 45% of Hutchison's $34.3 billion in revenues. His empire includes the world's biggest ports company and the world's largest provider of 3G mobile-phone services, plus holdings in shipping, property, retailing, and energy. Last year Hutchison's profits and EPS rose 40%.
He is a strong believer in synergy- The power of combined effort. Li has also stated a Charitable foundation . Source( Li ka shing foundation).Mr. Li also founded Shantou university in 1981, in shantou,China. The university has nine colleges, including a medical college with five affiliated hospitals. With students enrolling from all parts of China, the university has approximately 6,500 undergraduate and 1,500 graduate students.Li also has $12 billion stake in Canadian oil company Husky Energy. He plans to donate one-third of his wealth over time .He is a widowed and has 2 childrens. His eldest son Victor assits him and his other son Richard struck out on his own in early 1990s and is a billionaire too. He is also called as " Superman " in Hong Kong. The feat that he has accomplished over the past years is highly appreciable.
for more information ( source)

Sunday, November 9, 2008

Karl Albrecht

Name: Karl Albrecht
Industry: Retailing
Birth Date: February 20, 1920
Fortune: Self made
Net Worth: US $ 27 billion (source: Forbes)
Karl and Theo Albrecht were raised in modest circumstances in Essen, Germany. Their father was employed as a miner and later as a baker’s assistant. Their mother had a small grocery store in the worker’s quarter of Schonnebeck. Karl worked in a delicatessen shop. Karl also served in the German Army during World War II. After the end of World War II, the brothers took over their mother's business (1946). The first Aldi (Albrecht-Discount) was opened in 1961.
Aldi's operations were later divided between the brothers, with Karl taking control of the more profitable Aldi Süd (South), and Theo managing Aldi Nord (North).

Because Karl Albrecht has withdrawn himself from public life, little is known about him. He is married, and Forbes magazine reports that he has two children, neither of whom are employed by Aldi. Both Albrecht brothers reportedly live today in Essen, Germany. He is a fan of golf, and plays at his personal golf course, the Öschberghof, which he built in 1976. He also raises orchids.
In 1994, Karl Albrecht removed himself from the daily operations of Aldi Süd and took the position of chairman of the board. At the beginning of 2002, he also relinquished this position, thereby completely ceding control of the firm. Today, the business is no longer run by any of Karl Albrecht’s family members.

Richard Branson

Name:Richard Branson
Date Of Birth: July 18,1950
Nationality: British
Famous for: Founding the Virgin brand

Richard Branson is a flamboyant British entrepreneur . His internationally recognized brand "Virgin" is splashed across everything from credit cards, to airlines and music "megastores". Branson is continuously seeking new business opportunities and He loves accepting new challenges . His first entrepreneurial stinct began when at the age of 16 years He published a school magazine . Branson did not go on to graduate school but in 1970 the now famous Virgin brand had its beginnings in the form of a discount records mail order venture that he and his friend Nik Powell worked on. He loves adventure . Since 1985 he has been getting his adrenaline rushes through world record breaking attempts by boat and hot air balloon. Several distance and speed records have been attempted and achieved, but his attempt to circumnavigate the world alone in a hor air baloon has not yet ben realized.
Virgin has created more than 200 branded companies worldwide, employing approximately 50,000 people, in 29 countries. Revenues around the world in 2006 exceeded £10 billion (approx. US$20 billion. Virgin brands include Virgin Atlantic, Virgin Mobiles, VirginBooks, VirginCredit Cards, VirginHolidays , V2 music , Virgin Galatic. Lately Richard is eyeing an airport. Virgin has also developed a space ship. Virgin alatic spaceship aims at providing space travel to masses Virgin has become one of the most favourite brands of U.k.

Sunday, November 2, 2008

Oleg Deripaska


Name: Oleg Deripaska
Source: Russian Aluminum
Birth Date: January 2, 1968
Net worth: US $ 28 billion (Source: Forbes)
Residence: Russia

Deripaska is the sole owner and a Chairman of the Supervisory board of Basic Element, a diversified investment company established in 1997 with assets in Russia and abroad. Basic Element's main assets are concentrated in six sectors - Energy, Resources, Manufacturing, Financial Services, Construction and Aviation. The major assets include UC Rusal, the world’s largest aluminium and alumina producer, GAZ Group automotive company, Soyuz Bank, Ingosstrakh insurance company, Aviacor aircraft manufacturer, SMR mining company, Continental Management Timber Industrial Company, Glavstroy and Transstroy] construction companies, stakes in Strabag (25%) and Switzerland based Fahrni (100%). In 2007, Basic Element's consolidated revenues exceeded USD26 billion. The market value of the Company's assets is estimated at USD45 billion. Basic Element employs 300,000 people and owns companies in Russia, the CIS countries.

Deripaska is one of 16 global business leaders who drafted CEO Climate Policy Recommendations to G8 Leaders, a document outlining international business community's proposals to effectively tackle global warming. The proposals were signed by more than 100 of the world's leading corporations and handed to Japanese Prime Minister Yasuo Fukuda on June 20, 2008. The process was coordinated by the World Economic Forum in collaboration with the World Business Council for Sustainable Development.

In 2004, Deripaska was appointed by the President of Russia to represent the country in the Asia-Pacific Economic Cooperation Business Advisory Council (ABAC). He has held the position of Chairman of ABAC Russia since 2007.

Deripaska is Vice President of the [Russian Union of Industrialists and Entrepreneurs, Chairman of the Executive Board of the Russian National Committee of the International Chamber of Commerce] and a member of the Competitiveness and Entrepreneurship Council, an agency of the Russian Government.

In 1999, Deripaska was awarded the Order of Friendship of Peoples by President Boris Yeltsin.

RATAN TATA

Name: Ratan Tata
Date of Birth: December 28,1937
Nationality: Indian
Academics: B.SC( Architecture) degree with structural engineering, Cornell university USA
Advanced Management program at Harvard business school, USA
Profile: Chairman of the Board/director
Tata Motors Limited ADR
Ratan Tata joined the Tata Group in 1962. As Chairman of Tata Industries Limited since 1981, he was responsible for transforming the company into a Group strategy think-tank and a promoter of new ventures in high technology businesses. In 1991, Mr Tata was appointed Chairman of Tata Sons Limited, the holding company of the Tata Entities and currently holds the chairmanships of major Tata companies. Mr Tata is on the Central Board of the Reserve Bank of India, a Member of the Prime Ministers Council on Trade and Industry besides being a member of various global councils.Mr. Tata was honoured with Padma vibhushan by Government of India in 2008.Earlier, in 2000, he had been awarded the Padma Bhushan. He has also been conferred an honorary doctorate in business administration by the Ohio State University, an honorary doctorate in technology by the Asian Institute of Technology, Bangkok, an honorary doctorate in science by the University of Warwick, and an honorary fellowship by the London School of Economics. He is on the company board since last 19 years and held the executive place for last 13 years. He was instrumental in development of an Indian car Indica which besides creating a record of sorts, is one of the leading products in its category in the car market. Tata company under his able leadership has also come up with Tata Nano a $2500 car.
He is one of those businessman who have defied the age factor and have set an examples for young generation to folloe their footsteps. ( Sources )
For other information on Mr . Tata (source)

Sunday, October 26, 2008

KP Singh


Name: KP Singh
Born: On August 15, 1931
Industry: Real Estate
Residence: Delhi, India & Australia
Net worth: $ 30 billion (Source: Forbes)
K.P. Singh charted a distinguished and inimitable career, reflected in the establishment of India’s largest real estate company. Today, under his leadership, DLF Limited has established an unrivalled position in real estate industry with an enviable portfolio in terms of scale of delivery, bandwidth of range of products and development potential. Mr. K. P. Singh has conceived and pioneered initiatives, which are today, recognised as benchmarks in the real estate sector. He has been the visionary in steering DLF’s growth as a multi-dimensional, diversified, multi-billion dollar conglomerate. DLF has now become the world’s largest real estate company in terms of revenues, earnings, market capitalisation and developable area. A graduate in science, Mr. K.P. Singh pursued Aeronautical Engineering in UK, being subsequently selected to the Indian Army by British Officers Services Selection Board, UK. He was commissioned into the renowned cavalry regiment of ‘The Deccan Horse’ of the Indian Army. In 1960, he joined American Universal Electric Company and soon after its merger with DLF Universal Limited in 1979, he took over as the Managing Director of this new company.

ARUN SARIN

Name: Arun Sarin
Date Of Birth: october 21,1954
Academics: Indian Institute of Technology, 1975
MS in Engineering ,1978
MBA from University Of California, Berkley , 1978
Job Profile: was the CEO of Vodafone group plc.
Fame: Europe's Highest Paid CEO


Arun sarin was born on october 21, 1954 in Panchmari , Madhya pradesh , India. He was the CEO of World's largestmobile phone company ( by Revenue ) Britan's Vodafone group plc. He announced his resignation as CEO of vodafone on june29,2008.He started his career as a management consultant before moving, in 1984, to Pacific Telesis Group in San Francisco. Commencing in corporate development, he was instrumental in the company acquiring the first cellular licences in the US as well as winning the first cellular licence in Germany and a PCN licence in the UK. He was appointed CFO and Chief Strategy Officer at Pacific Bell, before moving on to become Vice President and General Manager, San Francisco Bay Area Telephone Company.Following the demerger from Pacific Telesis of the mobile and paging businesses to form AirTouch Communications, He was appointed Senior Vice President Corporate Strategy and Development where he was instrumentak in merger with the US West wireless business. On becoming President and CEO, AirTouch International, He was responsible for the acquisition of wireless licences in several overseas territories and establishing the management teams of these new ventures. He then became President and CEO of AirTouch Communications where he was responsible for managing the cellular and paging operations in 14 countries and was a key negotiator in the successful acquisition of AirTouch by Vodafone Group Plc. Within the combined business, Vodafone AirTouch Plc, he was CEO US/Asia Pacific region, managing the Group’s operations in the US, Asia and Australasia. In addition, he headed the Global Technology division, responsible for the introduction of wireless internet services. In 2000, with the successful merger of Vodafone AirTouch’s US businesses with those of Bell Atlantic and GTE to form Verizon Wireless, Arun, whilst maintaining a non-executive directorship of Vodafone AirTouch Plc, became CEO of Infospace.
In 2001 he joined Accel-KKR telecom here he oversaw the acquisition of canada's yellow pages business. In 2003 he became the CEO designate of vodafoen group and then became the chief executive officer on july 30th, 2003. He was a Non executive director of GAP inc, Charles schwab coropration and Cisco Systems inc. During his tenure with vodafone he was focused on emerging markets as India, Turkey and Romania. vodafone made a successful bid of US $11.1 billion for 67% stake in indian cellular operator , HUTCH, now it has ben rebranded as Vodafone.Vodafone says it expects sales of £39.8 billion ($78.6 billion) to £40.7 billion ($80.4 billion), in 2009, with adjusted operating profit of £11 billion ($21.7 billion) to £11.5 billion ($22.7 billion). The company had also reported strong results in the third quarter. ( source Forbes ). He was pioneer in providing value added services for the mobile phone users. on may27,2008 Vodafone announced that its CEO Arun Sarin will resign after a tenure of five years with company, He will be succeded by his deputy and former head of European business Vittorio colao.
Sarin left Vodafone in better shape than when he joined it. His surprise resignation overshadowed the company's return to full-year profitability also announced on May 27, with Vodafone posting net profits of $13.2 billion for the year ending Mar. 31, compared with a loss of more than $10 billion the previous year due to writedowns. Sales rose 14%, to $70 billion. And during Sarin's tenure, Vodafone's global customer base has more than doubled, from 120 million to 260 million today. (Source Businessweek ). Vodafone is rite now #12 among the Uk largest companies with sales of $51.0 billion and profit of $38.0 billion. Arun Sarin has been instrumental in the rise of vodafone group.



Sunday, October 19, 2008

Mukesh Ambani


Name: Mukesh Dhirubhai Ambani
Born: April 19, 1957 in Yemen
Residence: Mumbai, India
Industry: Petrochemical
Occupation: Chairman of Reliance Group of Companies
Net Worth: US $ 43 billion (source: Forbers)


Mukesh Ambani, the chairman of Reliance Industries was born on April 19, 1957 in Yemen. He is the world's fifth richest man in the world and richest in Asia, with a net worth of approximately US $ 43 billion. His Company Reliance Industries is the India's largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%.


Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani. Mukesh also owns the Indian Premier League team Mumbai Indians.

Mukesh Ambani completed his graduation with a bachelors degree in chemical engineering from the University Institute of Chemical Technology (UDCT), Mumbai. Mukesh later pursued an MBA (he did not complete the course) from Stanford University.

Mukesh Ambani joined Reliance in 1981 and initiated Reliance's backward integration from textiles into polyester fibres and further into petrochemicals. In this process, he directed the creation of 60 new, world-class manufacturing facilities involving diverse technologies that have raised Reliance's manufacturing capacities from less than a million tonnes to twelve million tonnes per year.


He directed and led the creation of the world's largest grassroots petroleum refinery at Jamnagar, Gujarat, India, with a present capacity of 660,000 barrels per day (33 million tonnes per year) integrated with petrochemicals, power generation, port and related infrastructure, at an investment of Rs 100000 crore (nearly $26 billion USD).

INDRA NOOYI

Profile


Name: Indra Nooyi


Date of Birth: October 28,1955


Education: Graduated from Madras Christian college, 1976


Finished MBA at Indian Institute of Management , 1978


Completed Masters of public and private Management from Yale university,1980


Currently: CEO, PepsiCo





Indra krishnamurthy Nooyi was born in Madras, India and is the current CEO of PepsiCo. The worlds fourth largest food and beverage company, makers of Frito -lay snacks, Pepsi beverages, Gatorade sports drink, Tropicana juices and Quark foods.She Worked at British textile company in India. Then she worked as a product manager for Johnson & Johnson in India. In 1978 she moved to United States to pursue her masters degree in management from Yale university. After graduating from the school she worked at Boston Consulting Group later she joined Motorola 1986. moved to Asea Brown Boveri, 1990; joined Pepsico as strategist, 1994; became CFO of Pepsico, 2000; became president of Pepsico, 2001. Nooyi has been steadily consolidating her power at PepsiCo, one of the largest companies in the world with $35 billion in annual revenue and a $105 billion market capitalization. Nooyi recommended spinning off Taco Bell, KFC and Pizza Hut, arguing PepsiCo couldn't bring enough value to the fast food industry. As a result, she played an inportant role in starting Tricon, currently known as Yum! Brands, the world's largest restaurant company in terms of system restaurants with over 34,000 restaurants in over 100 countries. Among the restaurants Yum! houses are Kentucky Fried Chicken (KFC), Long John Silver's, Pizza Hut and Taco Bell. (source: click here)


According to Forbes list of 100 most powerful women Indra nooyi ranks #3 just behind #2 Sheila c. Bair Chairman, Federal Deposit Insurance Corp and #1 Angela merkel chancellor of Germany. (Source: Click here). Nooyi played a crucial role in expanding PepsiCo to international market especialy with the $1.4billion acquisition of 75% stake in russian juice giant Lebedyansky. Indra Nooyi tops the Forbes list of Americas Highest paid female CEO's taking home $12.7 million and this puts her on 139 out of 500 all chiefs. Her strong determination to take PepsiCo to new heights, her ability to think strategically has made her role model of many and she establishes herself as one of the most successful business leaders of 21st century.


Sunday, October 5, 2008

Carlos Slim

Profile
Chair, TelMex and Carso Foundation

Carlos Slim Helu Biography

Name : Carlos Slim Helu
Date of Birth : January 28,1940
Place of Birth : Mexico City, Mexico
Race or Ethnicity : Middle Eastern
Education : National Auonomous university of Mexico (1961)
Nationality : Mexico
Fame: World's Richest Man (Forbes 2007)

Carlos Slim of Mexico, is an industrial titan whose holdings span telecom, banking, energy, tobacco and more, has built unimaginable wealth in one of the poorer countries in the Western Hemisphere. Son of a Lebanese immigrant, Slim made his first fortune in 1990 when he bought fixed line operator Telefonos de Mexico (Telmex) in a privatization. In December, America Movil struck a deal with Yahoo to provide mobile Web services to 16 countries in Latin America and the Caribbean. Slim, 67, amassed wealth in a nation where per capita income is less than $6,800 a year and half the population lives in poverty. His wealth accounts to 6.3% of Mexico's annual economic output.TelMex controls more than 90% of the phone connections. His companies build roads and erect oil platforms, his banks loan money to businesses and consumers alike, and he even sells knickknacks through his Sanborn's retail chain.
He has a share in America Movil (wireless),Carso global telecom (Holding company), Grupo Carso( conglomerate),Inbursa( financial services), Ideal( Infrastructure), Saks Inc.( Us retailer) and according to Fobes his Total net worth is $58.5 billion. (Source: Fortune 500)
Why Carlos Slim is successfull? (Source: Wall Street Journal)
  • He invested smartly when the economy was down.
  • Expanded in to new Industries and markets
  • Maintained a strong social relationship and bulid strong network
  • Bought cheap companies and tries to establish monoply
  • Targeted industries within one's sphere of influence
  • Grooming new leaders and successors who can internalize his methods

Saturday, October 4, 2008

Roman Abramovich

Profile


Roman Arkadievich Abramovich: Russian BusinessmanFamous for : Becoming a billionaire from oil and for purchasing the English Premiership football club Chelsea F.C.

Born - 24th October 1966 Russia / Living

Current Wealth: US $ 23.5 billion according to Forbes magazine(March, 2008 edition)


Biography

Roman Abramovich is the owner of the investment company Millhouse Capital, the English Premiership football team called Chelsea Football Club, and is the governor of Chukotka in Russia. Despite his influential status in sports, oil, and politics, Abramovich is relatively private, granting few interviews over the years and making almost no public statements about his life or work.

Roman Arkadyevich Abramovich was born on October 24, 1966 to a Jewish family in Lithuania. His mother, Irina Ostrowski Abramovich, died whenbefore Roman was two and his father, Arkady Abramovich, was killed in an accident immediately after mother's death. Roman was raised by his paternal grandparents in Lithuania. Roman Abramovich attended the Industrial Institute in Ukhta. After that Abramovich attended the Moscow State Auto Transport Institute for a brief period before leaving the academic world for good.

In the late 1980s, Roman Abramovich began selling plastic ducks from his small apartment in Moscow. After a few years, Abramovich began investing in other businesses, expanding his wealth. In 1995 he partnered with Boris Berezovsky to purchase a controlling share of the oil company Sibneft for a sum of $100 million. At the time the company was estimated to be worth $150 million.

In 1999 Roman Abramovich began charitable work in the Chukotka region in Siberian Russia, a cold, impoverished region of the country. Abramovich was particularly interested in helping children and established the Pole of Hope charity to help the people of Chukotka. In December of 2000, Abramovich was elected governor of the region and has since invested millions of pounds in the development of its educational system, hospitals, and a college in Anadyr. Abramovich wanted to leave his position as governor in 2005, but Russian President Vladimir Putin eliminated the ability to elect regional governors and Abramovich was reappointed as regional governor to Chukotka for another term.

In 2003 Roman Abramovich purchased the Chelsea Football Club in the UK. The acquisition changed the marketing strategies of the game as well as the ability to "purchase" players. Due to Abramovich's personal wealth, he had the ability to build state of the art facilities and offer large salaries to players to join his team regardless of the financial status of the team itself. As a result, other teams have had to redirect wealth in order to keep up.

Roman Abramovich currently resides in West London and is known as the second richest person in the United Kingdom.


For more information Click here

Monday, September 29, 2008

Welcome

Hi friends,

This is an attempt to bring you the more facts about 21st Century Business Leaders.

What makes them different from others?

You all are welcome to share any information available with you.

Thank you.

With regards,
Moderators