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...also the values and work ethic that produced their nest eggs in the first place. "So many wealthy families don't know anything about raising kids in a healthy environment," says Thayer Willis, author of Navigating the Dark Side of Wealth: A Life Guide for Inheritors. The daughter of multimillion-dollar parents herself, Willis says she was a "spoiled brat" in her youth. She quit jobs whenever things didn't go her way and spent money without limits - until she realized this was not the path to a satisfying existence. "Outsiders think, 'If I just had financial wealth, life would...

Author: /time Magazine | Title: No Free Rides, Kid | 11/13/2008 | See Source »

Clean, renewable energy. In fact, I'm in it a little bit and I want to get in it more. I have a multimillion-dollar stake in First Solar, which is one of the publicly held solar companies...

Author: /time Magazine | Title: 10 Questions for Ted Turner | 11/13/2008 | See Source »

...Taliban was toppled, and a Northern Alliance-dominated government took its place. Hamid Karzai, educated in India, became President. India stepped in with multimillion-dollar reconstruction projects. Pakistani officials mutter darkly about up to 19 Indian "consulates" based in sensitive border areas as if it were fact (there are only three). "Who is the beneficiary of this war on terror that requires the collaboration of Pakistan?" a retired major in the Pakistani army once asked me. "India is again in Afghanistan, working against us. Unless you demonstrate what good for Pakistan will come out of this collaboration, you will...

Author: /time Magazine | Title: The Key to Afghanistan: India-Pakistan Peace | 11/11/2008 | See Source »

Since Kilpatrick's resignation, Detroit politics have been in turmoil. Federal authorities are investigating several members of the city council for alleged bribery involving a multimillion-dollar sewage contract, and a public shouting match between councilwoman Monica Conyers and interim mayor Kenneth V. Cockrel has become a running joke among residents...

Author: /time Magazine | Title: Kwame Kilpatrick | 10/28/2008 | See Source »

...short years ago - let's call them the Little Miss Sunshine years - things were looking up in the world of independent films. New titles debuted at Sundance and walked away with multimillion dollar theatrical deals. But as the number of films flooding the art house circuit spiked, audiences have sagged and theaters themselves have become more scarce. Declining box office receipts have resulted in a subdued festival marketplace, where lucrative acquisitions seem to be a thing of the past. For every art-house blockbuster like Juno (which took in $229 million globally) or big-ticket festival purchase like Hamlet...

Author: /time Magazine | Title: A YouTube Opening for Wayne Wang's New Film | 10/17/2008 | See Source »

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