Word: entrepreneurs
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...desperate situation of his companies, caused by the financial crisis, the uncertainties of the last few weeks and his powerlessness to act, broke the passionate family entrepreneur and he took his own life," his family said in a statement...
...Larry Leif, 58, a successful sporting goods and toy company entrepreneur in Delray Beach, Fla., his retirement is more than on hold, it's completely disconnected. Leif, who has been planning his golden years since the age of 19, lost his entire $8 million retirement account with Madoff. Now it's nothing more than a series of phony statements he thumbs through while shaking his head...
...Ford Motor Company for 32 years. "The car companies were no doubt responsible for that." Like other Lebanese who flocked to the area in the early 1900's, Darwish's father immigrated to the U.S. seeking a job at Henry Ford's Model T plant, as the pioneering automobile entrepreneur was offering a large $5 a day. Following in his footsteps, both his sons ended up as career hourly employees at Ford, applying sealer to the seams of metal on the assembly line. "I worked hard, saved my money, and eventually opened a Coney Island diner and a pizzeria...
...Founded in Amsterdam in 2002 by Dutch entrepreneur Yves Gijrath, the Millionaire Fair holds shows around the world. But thanks to booming oil prices and Russia's nouveaux riches, the Moscow event had become the jewel in the crown. No wonder. According to the 2008 World Wealth Report by Merrill Lynch and Capgemini, Russia is home to one of the world's fastest-growing populations of millionaires. Last year the number of Russian "high net-worth individuals" (people with a worth of more than $1 million, excluding their primary residence) reached 136,000, a 14% rise over...
...staff bake roughly three tons of the sweet, dense rye bread in the hole every summer to meet the growing demand, mostly from tourists, for the exotic carb. The bread's price tag - up nearly 20% from last year - has led to some clucking from villagers that the young entrepreneur is cashing in on a local tradition. Jonasson is more pragmatic. "Who are we kidding?" he asks. "This is our living here...