12/30/2023 0 Comments Notable people of 2014Combined, the Walton brothers' fortunes are worth more than $60 billion. Rob and Jim Walton control perhaps the most powerful company on earth in the mega-retailer Walmart, which employs 2.2 million people in 28 countries and generates annual revenues of $486 billion. Titles: Board members and controlling shareholders of Walmart Lately, Cook has been alluding to a forthcoming "massive change in the auto industry," sparking rumors that an Apple Car is on the horizon.Ĭook was presented with the Human Rights Campaign Visibility Award this year where he spoke about his deeply personal decision to come out as gay: "I wanted to lend my voice to people who might not be ready to exercise theirs," he said. At the company's annual fall event, Cook unveiled the iPhone 6s and iPhone 6S Plus, which sold 13 million in the first weekend, shattering previous records. And the iPhone is more popular than ever. The service went live in June and as of October counted 6.5 million paid subscribers and another 8.5 million people using the free trial service. Under Cook's continued direction as CEO, 2015 has been one of the company's best years yet.Ĭhief among Cook's 2015 successes has been the launch of Apple Music, the company's music-streaming service. Tim Cook runs the most valuable company on the planet in Apple, which is worth $645 billion. The value of its currency devalued by 45% this year through mid-November.Īlso contributing to her near record-low approval rating: A group of high-profile lawyers filed for the impeachment of Rousseff in October in connection to the corruption scandal involving the state-run oil company Petrobras (Rousseff has maintained her innocence). The country's growth has plummeted - low commodity prices, high interest rates, and austerity measures are partly to blame - and it officially entered a recession in 2015. Protests broke out and gained traction in March in part because of Brazil's crumbling economy. Rousseff is credited with nearly eradicating extreme poverty in Brazil during her first term by raising the monthly stipend for struggling families.īut Rousseff has hit a rough patch lately, and it appears to be getting worse. Ellison is determined to "restore tennis to prominence in the US and make the game more profitable globally" - something he also recently accomplished with sailing.ĭilma Rousseff, Brazil's first female president, leads the largest country in Latin America and the seventh-largest economy in the world. His latest side project? Reviving the sport of tennis through investments at the "fifth grand slam" site in Indian Wells, California, and as lead sponsor for the Intercollegiate Tennis Association. Ellison announced plans this year for Oracle to take over as the primary provider of cloud-computing products and services, revealing at the company's tech conference in October that 20% of its customers - and counting - bought tech via the cloud rather than traditionally.Įllison, who routinely ranks as one of the 10 richest people in the world, holds a fortune of nearly $50 billion and a growing real-estate portfolio that spans the globe. Oracle's billionaire cofounder Larry Ellison stepped down as the company's CEO last year but hasn't pumped the brakes: He still serves as chairman and CTO of the $38 billion (sales) database and software titan. Title: Founder, executive chairman of Oracle Schwarzmandonated $150 million in May to build a student commons at Yale. Never satisfied, Schwarzman wants Blackstone to double in size in the next eight years. In 2014 it generated a record $7.5 billion in revenue. They opened shop with $400,000, but Schwarzman gained a reputation as savvy and lucrative dealmaker, and Blackstone grew into a juggernaut. Schwarzman had a short but prosperous career with investment bank Lehman Brothers before leaving in 1985 to start Blackstone with ousted Lehman CEO Peter Peterson. The company’s $26 billion leveraged buyout of the Hilton hotel chain in 2007 is considered by some the most profitable of all time. His vaunted buyout firm Blackstone Group is the largest on earth, with $334 billion in assets under management, and it has completed some of the most high-profile acquisitions in the industry. Steve Schwarzman is the unparalleled king of private equity, with a fortune of $11 billion that includes splashy homes in Manhattan, the Hamptons, Jamaica, and Saint-Tropez.
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