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...Australian Stock Exchange, based in Sydney, is among the world's 10 biggest and No. 3 in the Asia-Pacific. Sydney is one of the world's most cosmopolitan cities: about 3 in 10 residents come from overseas, representing 170 countries. In asserting that Hong Kong was the 14th richest city in the world, you used a 2005 list prepared by PricewaterhouseCoopers. More recent data, compiled by the European Bank UBS in 2006, ranked Sydney at No. 18 and Hong Kong at No. 40. Stuart Pearson, Sydney...

Author: /time Magazine | Title: Inbox | 2/7/2008 | See Source »

...million or more swelled by 14% in 2006 to 9.6 million, while last year's Forbes Rich List included a record 946 billionaires. Figuring out ways to help the rich stay that way is a lucrative business. Based on GDP per capita, 11 of the world's 20 richest countries are tax havens, with Luxembourg holding the top spot...

Author: /time Magazine | Title: Take the Money and Run | 2/6/2008 | See Source »

Democrats - Barack Obama won an expected victory in his home state. It was a win of one of the richest Super Tuesday prizes...

Author: /time Magazine | Title: Primary: State-by-State Results | 2/5/2008 | See Source »

...Still, the looming Berlusconi-Veltroni showdown does have the virtue of presenting a stark contrast between two very different politicians. The 71-year-old center-right leader hails from the industrial north, having made his mark as a real estate mogul and media entrepreneur, and becoming Italy's richest man. Berlusconi came into politics in 1994 billed as the ultimate outsider, scoffing at Rome's stuffy establishment and passing his downtime singing Neapolitan love ballads and frequenting his palatial villa in Sardinia's Porto Cervo. His refusal to resolve a gargantuan conflict of interest, as owner of Italy's three...

Author: /time Magazine | Title: Berlusconi Leads Polls for April Vote | 2/5/2008 | See Source »

...million that Russian oligarch Roman Abramovich found for London club Chelsea in 2003, to the $1.4 billion shelled out for Manchester United a couple of years later by U.S. tycoon Malcolm Glazer (owner of the NFL's Tampa Bay Buccaneers). The investors' goal: to score a slice of the richest soccer league in the world. Buoyed by rising broadcast revenues and a lucrative fan base swelling from the U.S. to Asia, the 20 teams in English football's top league netted some $2.5 billion in revenues during the 2005/6 season. That's almost triple the levels of a decade earlier...

Author: /time Magazine | Title: Can Fans Buy Their Team? | 2/1/2008 | See Source »

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