Image via Wikipedia This week the Forbes 400 Richest Americans list came out (which I worked on) amidst the backdrop of the glamorous Clinton Global Initiative. Meanwhile most Americans are doing poorly – recent data from the Federal Reserve states that U.S. household wealth fell by $1.5 trillion in the second quarter, indeed last year’s [...]
Tag Archives: economy
Ukraine Econ Upturn As its Billionaires Start to Raise Cash
Jul 22 2010 – 10:23 am
Ukraine’s youngest billionaire, Kostyantin Zhevago, who almost lost his iron ore producer, Ferrexpo, when markets crashed two years ago, is back raising cash. According to Millenium Capital, Ferrexpo completed its road-show July 16 planning to place Eurobonds worth $500 million. The company plans to ramp up production by 50% over the next five years, and has [...]