Yahoo Co-Founder Jerry Yang

Jerry Yang ( born November 6, 1968) is a Chinese American entrepreneur and the co-founder, former CEO (Chief Yahoo) of Yahoo! Inc.

Born in Taipei, Taiwan on November 6, 1968, Yang moved to San Jose, California at the age of eight, with his mother and brother. His father died when Yang was two. He claimed that despite his mother being an English teacher, he only knew one English word (shoe) on his arrival. Mastering the English language in three years, he was placed into an AP English class.

Yang graduated from Sierramont Middle School, and Piedmont Hills High School, then went on to receive his B.S. and M.S. degrees in electrical engineering from Stanford University, where he was a member of Phi Kappa Psi fraternity.

While he studied in Electrical Engineering at Stanford University, he co-created in April 1994 with David Filo an Internet website consisting of a directory of other websites called "Jerry and Dave's Guide to the World Wide Web". It was renamed "Yahoo!" (an exclamation). Yahoo became very popular, Yang and Filo realized the business potential and co-founded Yahoo! Inc. in April 1995. They took a leave of absence and postponed their doctoral programs indefinitely.

Yahoo! started off as a web portal with a web directory providing an extensive range of products and services for online activities. It is now one of the leading internet brands and has the most trafficked network on the internet.

On November 17, 2008, The Wall Street Journal reported that Jerry Yang would step down as CEO as soon as the company found a replacement. He had been criticized by many investors, including Carl Icahn, for not increasing revenues and the Yahoo! stock price.

On January 13, 2009, Yahoo! named Silicon Valley veteran Carol Bartz as its new chief executive, effectively replacing Yang. Yang regained his former position as "Chief Yahoo" and remains on Yahoo's board of directors.

Yang is married to Akiko Yamazaki, who was raised in Costa Rica. She graduated from Stanford University with a degree in industrial engineering. The couple met at the Stanford University in Kyoto overseas program in 1992.

Yang is currently on the Board of Directors of Alibaba, the Asian Pacific Fund, Cisco and Yahoo! Japan, and is also on the Stanford University Board of Trustees.

Yang was also criticized by shareholders for rejecting an offer of $33 a share from Microsoft in May 2008 - Microsoft subsequently walked away from the negotiations. In November 2008 the shares were valued at only $14 and Google also decided not to proceed with commercial search advertising arrangements under negotiation influenced by the concerns voiced by the US authorities regarding the effect on competition in the market. On July 29, 2009, Yahoo! and Microsoft announced a search deal to compete against Google, after the Bing search of Microsoft was successfully launched earlier in June.

The World's Billionaires 2009

Most of The billionaire reveals ”It was hard to avoid the carnage, whether you were in stocks, commodities, real estate or currencies. Even people running fine businesses could have been killed by frozen credit markets, weak consumer spending or fraud.”

Forbes says ”Last year Moscow overtook New York as the billionaire capital of the world, with 74 tycoons to New York's 71. Today there are 27 in Moscow and 55 in New York.” The New York again set back as the billionaire capital of the world.

This year the world's billionaires have an average net worth of $3 billion, down 23% in 12 months. The world now has 793 billionaires, down from 1,125 a year ago.

Forbes list of 'World's Most Powerful Billionaires'

Washington, Jan 28 (IANS) Two Indians, energy King Mukesh Ambani and steel Vista Lakshmi Mittal, have made it to the Forbes list of 'World's Most Powerful Billionaires' combining massive fortunes with political clout.

'Through his industrial might, India's richest person, Mukesh Ambani, ranks eighth,' in the US business magazine's annual list topped by Michael Bloomberg, mayor of New York City. Mittal ranks 13th on the list.

'Ambani controls oil and gas conglomerate Reliance Industries. With a market value of more than $73 billion, the firm is India's biggest independent company.'

Compatriot Lakshmi Mittal - India's second wealthiest with a net worth of $30 billion - heads ArcelorMittal, the world's largest steel maker, and ranks 13th on the list. The steel giant operates in 60 countries and has market value of $65 billion.

Mukesh Ambani, Forbes noted, inherited father Dhirubhai's massive industrial empire with brother Anil in 2002. 'Brothers battled over power, divided assets. Mukesh controls energy entities; Anil leads banking and telecom companies.'

Mittal started in the family steel business in the 1970s, broke out on his own in 1994 and is now planning joint iron venture in Liberia and Guinea with miner BHP Billiton, it noted. 'Bought 12-bedroom mansion in Kensington for more than $100 million in 2004; was London's most expensive home at the time.'

Business people add more flavor to their Industrial campaigns, Even, They are not stagnant in a drought economy. Billionaires characterized by Enhancement in development, advancement, or progressive movement.

Forbes ranked Slim World's third richest person

On March 11, 2009, Forbes ranked Slim as the world's third-richest person, behind Bill Gates and Warren Buffett and ahead of Lawrence Ellison. Since last year Slim lost US$25 billion.(On paper)

On March 5, 2008, Forbes ranked Slim as the world's second-richest person, behind Warren Buffett and ahead of Bill Gates. During some parts of 2007, several major financial publications had ranked Slim as the richest person on Earth.

On August 8, 2007, Fortune reported that Slim had overtaken Gates as the world's richest man. Slim's estimated fortune soared to US$68 billion, based on the value of his public holdings at the end of July. Gates  net worth was estimated to be at least US$58 billion.

On August 4, 2007, The Wall Street Journal ran a cover story profiling Slim. The article said, "While the market value of his stake in publicly traded companies could decline at any time, at the moment he is probably wealthier than Bill Gates". On March 29, 2007, Slim surpassed Warren Buffett as the world's second richest person with an estimated net worth of US$53.1 billion compared to Buffett's US$52.4 billion. According to The Wall Street Journal, Slim credits part of his ability to discover investment opportunities early to the writings of his friend, futurist author Alvin Toffler.

Ananda Krishnan-Malaysian businessman

Tatparanandam Ananda Krishnan ( born 1938) is a Malaysian businessman and philanthropist of Sri Lankan Tamil origin. Nicknamed TAK, he is currently estimated to have a net worth of US$7.4 billion according to Forbes' latest annual list of billionaires, making him the third wealthiest man in Southeast Asia behind Robert Kuok and Ng Teng Fong and number 119 in the world. Ananda Krishnan is also the wealthiest Tamil in the world, ahead of Shiv Nadar, who is the 10th richest man in India.

Ananda Krishnan shuns public exposure  and is known to maintain a low profile for a person of his stature.

Ananda Krishnan was born in 1938 in Brickfields, Kuala Lumpur's to Tamil parents of Sri Lankan origin. His family originates from Jaffn, Sri Lanka.

He studied at Vivekananda Tamil School in Brickfields, Kuala Lumpur and furthered his studies at Victoria Institution, Kuala Lumpur. Later, as a Colombo Plan scholar, he attended the University of Melbourne, Australia for his B.A. (Honours) degree majoring in political science. During that time he boarded in the Melbourne suburb of Hawthorn. Following that, Krishnan obtained a Masters in Business Administration at Harvard University, graduating in 1964.

Krishnan’s first entrepreneurial venture was in oil trading. He set up Exoil Trading, which went on to purchase oil drilling concessions in various countries. Later, he moved into gambling (in Malaysia). In the early part of the 1990s, he started diversifying into the multimedia arena.

Currently, he has business interests in entertainment, satellite television (Astro, space (MEASAT), shipping (Bumi Armada), telecommunications (Maxis, Aircel). Through the privately owned Usaha Tegas Sdn. Bhd., he owns stakes in Tanjong Public Limited Company, an investment holding company with subsidiaries involved in Power Generation (Powertek), Gaming (Pan Malaysian Pools), Leisure (Tropical Island and Tanjong Golden Village (TGV)) and Property Investment (Menara Maxis).

Recently he was linked to a buyout of English Premier League club Newcastle United. Malaysian Youth and Sports minister Datuk Ahmad Shabery Cheek hailed the potential bid "a huge transaction" for Malaysia, adding: "It’s not impossible, and it's a very good deal for Ananda. I hope it can have a big impact on the development of Malaysian football."  A few days later, Ananda denied these claims in the Malaysian Press.

Bill Gates Is No Longer richer

Well after 13 years of being the top dog in the billionair clue Bill Gates, the Microsoft Guru is now in third place with only $58 Billion dollars compared to long time Friend , Warren Buffet's $62 Billion Dollars. Heck maybe Vista is Microsoft's downfall, but more likely the lost of $1.3 Billion dollars from European Union, the War on Open Source.  

stock market has been really crappy the last three months. Either way their is a new King in town and although he plans to donate like 95% of his money Warren Buffet is the richest person in the world.

Microsoft shares have fallen 15% since the company boldly attempted to merge with the search engine giant to better fight Google for Internet dominance.

Gates is preparing to give up day-to-day involvement in the company he co-founded 33 years ago to spend more time focused on his philanthropic endeavors.

Bill & Melinda Gates Foundation has $38.7 billion in assets, donates to causes aimed at bringing financial tools to the poor, speeding up the development of vaccines (for AIDS, malaria, tuberculosis), bettering America's lagging high schools.

Sells 20 million Microsoft shares every quarter, proceeds going to private investment vehicle Cascade; more than half of net worth now outside of Microsoft.

Company spent $6 billion to land Web ad company Aquantive last May.

Would-be rival to Apple's iPod, the Zune, not yet a hit.

Believes Microsoft's far-flung bets, including 10-year affair with Internet-based television, may soon pay off; says next 10 years will be the "most interesting" in software history.

Rahul Bajaj-prominent Indian businessman

Rahul Bajaj is a prominent Indian businessman. He comes from the business house started by Jamnalal Bajaj. The US$ 1.32 Billion Bajaj Auto is his flagship company. He was awarded the Padma Bhushan  in 2001.

His net worth is estimated to be at US$ 1.1 Billion. He was listed twentieth on the Forbes India's Richest 40  list of people.

He is an alumnus of Harvard Business School in USA, St. Stephen's College in Delhi, Government Law College in Mumbai and Cathedral and John Connon School.

He has one brother  Shishir Bajaj, with whom there was a recent business settlement. He has 3 cousins, Shekhar, Madhur and Niraj together with whom he controls the Bajaj Group of companies. Also, he has two sons Rajiv & Sanjiv and a daughter, Sunaina Kejriwal.

Rahul Bajaj is an alumnus of Harvard, St. Stephen's and Cathedral. He took over the reins of Bajaj Group in 1965. Under his stewardship, the turnover of the Bajaj Auto the flagship company has risen from Rs.72 million to Rs.46.16 billion. Rahul Bajaj created one of India's best companies in the difficult days of the licence-permit raj. He established factories at Akurdi and Waluj. In 1980s Bajaj Auto was top scooter producer in India and its Chetak brand had a 10-year waiting period.

Ratan tata biography

Ratan Naval Tata (born December 28, 1937, in Mumbai) is the present Chairman of the Tata Group, India's largest conglomerate founded by Jamsedji Tata and consolidated and expanded by later generations of his family. He is also the chairman of major Tata companies such as Tata Steel, Tata Motors, Tata Power, Tata Consultancy Services, Tata Tea, Tata Chemicals, Indian Hotels and Tata Teleservices.

Ratan Tata completed a BSc degree in engineering with structural engineering from Cornell University in 1962, and the Advanced Management Program from Harvard Business School in 1975. He joined the Tata Group in December 1962, after turning down a job with IBM on the advice of JRD Tata. He was first sent to Jamshedpur to work at Tata Steel. He worked on the floor along with other blue-collar employees, shoveling limestone and handling the blast furnaces. Ratan Tata, a shy man, rarely features in the society glossies, has lived for years in a book-crammed, dog-filled bachelor flat in Mumbai's Colaba district.

In 1981, Ratan was named director of Tata Industries, the Group's other holding company, where he became responsible for transforming it into the Group's strategy think-tank and a promoter of new ventures in high-technology businesses.

Ratan Tata has his own capital in Tata Sons, the holding company of the group. His share is around 1%, valuing his personal holding at approximately US$ 1 Billion. About 66% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family. The biggest two of these trusts are the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust, which were created by the families of the sons of Jamshedji Tata. Ratan Tata is on the board of trustees of the Sir Ratan Tata Trust, and is the chairman of the board of trustees of the Sir Dorabji Tata Trust, giving him significant influence on the board of Tata Sons, despite his minority personal shareholding.

After the 26 November 2008 Mumbai attacks, Forbes opined Ratan Tata be brought into politics, calling him India's most respected business leader.

India's richest man

Mukesh Ambani has accepted a two-thirds cut in his salary in 2008/09 as chairman and managing director of Reliance Industries. His total compensation fell 66 percent to 150 million rupees.

The move comes just days after Corporate Affairs Minister Salman Khursheed warned firms against paying huge salaries to top company brass.

Ambani's "desire to set a personal example of moderation in executive compensation" may be in line with the Congress government's efforts to shore up public finances with an austerity drive of its own.

Excessive compensation has sparked outrage across the developed world after years of multi-million dollar bonuses paid out to executives, even at money-losing firms.

Politicians and policy makers have advocated curbs on these salaries, a theme echoed at the G20 meeting in September.Ambani's revised pay package is a far cry from the 440 million rupees he got last year but the salary cut is not seen as making too much of a dent in his wallet.

Earlier this year, Forbes magazine pegged Ambani's worth at about $19.5 billion in its list of the world's billionaires.

Within hours of the Reliance Industries statement on his salary, Twitter users sympathised with the 'poor little rich boy'. Some suggested it could be a move to pay less tax.

Is Ambani's pay cut a genuine attempt at bringing in moderation in executive salaries?

Facebook co-founder elliot zuckerberg

Mark Elliot Zuckerberg (born May 14, 1984) is an American billionaire and entrepreneur best known for co-founding the popular social networking site Facebook. Zuckerberg co-founded Facebook with fellow classmates Dustin Moskovitz, Eduardo Saverin and Chris Hughes while attending Harvard. Zuckerberg serves as Facebook's CEO. He has been the subject of controversy for the origins of his business and his wealth.

Zuckerberg was born in a Jewish family, in White Plains, New York, and raised in Dobbs Ferry, New York. He started programming when he was in middle school. Early on, Zuckerberg enjoyed developing computer programs, especially communication tools and games. Before attending Phillips Exeter Academy, Mark went to school at Ardsley High School. While attending Phillips Exeter Academy, he built a program to help the workers in his father's office communicate; he built a version of the game Risk and a music player named Synapse that used artificial intelligence to learn the user's listening habits. Microsoft and AOL tried to purchase Synapse and recruit Zuckerberg, but he decided to attend Harvard University instead.

Time Magazine added Zuckerberg as one of The World's Most Influential People of 2008. He fell under the Scientists & Thinkers category for his web phenomenon, Facebook, and ranked 52 out of 101 people.

In 2009 Mark Elliot Zuckerberg  is worth $2 billion