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)