Monday, July 14, 2008

ABC News: Billionaire College, High School Drop-Outs

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ABC News: Billionaire College, High School Drop-Outs


Billionaire College, High School Drop-Outs
From Bill Gates to Richard Branson: Some Make It Big Without Degrees
By ANDREW FARRELL
Forbes.com
July 13, 2008



Michael Dell enrolled as a biology major at University of Texas but spent more time fiddling with stacks of computer parts in his dorm room than hitting up the library. Instead of studying, he started selling new computers through advertisements in local papers.
rich college drop outs
Richard Branson, left, dropped out of high school. Bill Gates, center, and Michael Dell never finished college. All three went on to earn billions.
(AP Photo/Getty Images)

It was a lucrative distraction. By the end of his freshman year, Dell was selling about $80,000 a month in computers. With the money rolling in, Dell decided not to return to school.
From Forbes.com

Click here to learn more about the world's richest drop-outs at our partner site, Forbes.com.

He dropped out of college at 19 to run the company that would become Dell Inc. Within the next few years, Dell's annual sales passed $100 million. This March, Forbes' pegged Michael Dell's net worth at $16.4 billion.

Our most recent list of the world's richest included 1,125 billionaires. At least 73 of them, like Dell, dropped out of some stage of schooling.

Those 73 are like Dell in another way too: They didn't drop out to watch daytime television on the couch. They left school to work hard.

Dell explained his attitude to University of Texas grads at a 2003 commencement address: "Circle the pitfalls and highlight the opportunities. Then build a vision of how it could all be better and work like hell to make it happen."

Sheldon Adelson is another billionaire lacking a degree but possessing plenty of hustle. Adelson enrolled at City College of New York but didn't finish, probably because he was too busy with other ventures.

When he was 12, Adelson borrowed $200 from his uncle to start selling newspapers. He dropped out of college to become a court reporter. He also worked as an ad salesman, a consultant, and a tour-business operator.

That relentless drive led him to his first big windfall. He organized the computer industry trade show Comdex and made handsome profits leasing out exhibition space. He's since jumped into casinos, where he's been adding to his fortune ever since. In Forbes' most recent list of the world's billionaires, he ranked 12th with a net worth of $26 billion. (See: "The Gambler.")

Monday, July 7, 2008

ABC News: Mrs. Obama: Wife, Mother, Intellectual

ABC News: Mrs. Obama: Wife, Mother, Intellectual

Michelle Obama's Passions
Wife, Mother, Intellectual, American Woman
by CLAIRE SHIPMAN, SUSAN RUCCI and EMILY YACUS
July 7, 2008



As this November's presidential election draws closer, many people want to know more about Michelle Obama. Who is this mother of two, who rose from the rough South Side of Chicago to become a force in her own right during this crucial run for the White House? And what drives her? One way to figure this out is to ask the people who have known her the longest, her family and friends.
Take a look into the private life of the potential first lady.

They seem to be held in awe.

Close friend and businesswoman Valerie Jarrett says, "I don't think I've ever met anybody quite like Michelle."

"She's very genuine," says friend and fellow parent Yvonne Dalia, while her college roommate describes her as "your best girlfriend."

And her brother says simply, "She's good at what she's good at."

This is the puzzle that is Michelle Obama, the Target-shopping, blunt-talking, Jimmy Choo-wearing, fist-bumping potential first lady, as seen through the eyes of those closest to her.

Saturday, July 5, 2008

Manorama Online Home - Kerala University confers doctorate on CJI

Manorama Online Home - Kerala University confers doctorate on CJI

Malayala Manorama Indian Newspaper of Malayalam Language from eight places in Kerela

Malayala Manorama Indian Newspaper of Malayalam Language from eight places in Kerela
Friday,4 July 2008 20:45 hrs IST
'Amartya, Zakaria among world's top intellectuals'

Amartya Sen
New York: Two Indians now settled in the US - Nobel Prize-winning economist Amartya Sen and acclaimed journalist Fareed Zakaria - are among the top 20 intellectuals in the world today, according to a poll conducted by a US magazine.

Sen and Zakaria, Newsweek International's editor, are at No. 16 and No. 17 respectively in the list published by Foreign Policy magazine in its July/August issue.

The top 20 names were picked by about 500,000 online votes cast by the magazine's readers from among an initial list of the world's top 100 public intellectuals published by the bimonthly in its last issue.

Fethullah Gullen, an Islamic scholar from Turkey with a global network of millions of followers, is at No.1 on the list and Nobel Prize-winning microfinancier Muhammad Yunus from Bangladesh is at No 2.

Aitzaz Ahsan, president of Pakistan's Supreme Court Bar Association and a vocal opponent of President Pervez Musharraf's rule, is at No 5., while Mahmood Mamdani, a cultural anthropologist born in Uganda to South Asian parents and familiar to Indians as filmmaker Mira Nair's husband, is also on the list at No 9.

Other well-known names are former US vice president Al Gore (No 12), Noam Chomsky (11), and chess grandmaster and Russian democracy activist Garry Kasparov (18).

Amartya Sen, the magazine says, witnessed the devastating 1943 Bengal famine as a young boy.

"Decades later, Sen's investigations of the political and economic underpinnings of famines established him as the premier welfare economist of the 20th century. In addition to his famous assertion that famines do not occur in democracies, Sen was one of the first economists to empirically examine gender disparities in Asia," the citation reads.

The citation for Zakaria on the magazine's website reads: "Zakaria is one of the most influential and respected commentators on international affairs. His article 'Why Do They Hate Us?' a Newsweek cover story in the weeks after the Sep 11 attacks, upended the conventional explanations of the day for a nuanced discussion of the economic, political, and social forces pulling Islamic societies apart."

The magazine had selected the initial 100 because of the influence of their ideas.

"But part of being a 'public intellectual' is also having a talent for communicating with a wide and diverse public. This skill is certainly an asset for some who find themselves in the list's top ranks. For example, a number of intellectuals - including Aitzaz Ahsan, Noam Chomsky, Michael Ignatieff, and Amr Khaled - mounted voting drives by promoting the list on their websites," the magazine said.