Online Article


12.11

2008

Become the next Nouveau Riche

Here are some examples the Nouveau Riche.
DASSAULT, 66 MADELEINE DASSAULT, 90 SERGE and family Paris $1.1 50% of Dassault Aviation; 49% of Serge Dassault Electronics; Saint-Emilion vineyards. Dassault Aviation was one of the few military contractors on the Gulf war. Earnings decreased 36% when contracts with Iraq and Jordan for Mirage jets were canceled last summer just as the planes were to be delivered. Because of sa maman Madeleine’s advanced years and son frere Claude’s inability, brother Serge take over the company and tries to keep the French government from nationalizing the other 50%.
LORD KADOORIE, LAWRENCE, 92 HORACE KADOORIE, 89 MICHAEL KADOORIE, 50 HONG KONG $1.5 69% of Hong Kong & Shanghai Hotels; 25% of China Light & Power; 21% of Hong Kong Carpet. In 1880, Elly Kadoorie left Baghdad for Shanghai. He went to work as a clerk and later invested carefully hoarded savings in land, rubber, and banks. Today his sons are known for their philanthropy and for their posh Peninsula hotels. It stretches from Manila to Manhattan. Grandson Michael has been scoping out new sites in luxury-starved Canton.
Bellevue, Wash is one of the great place when you want to start own company and become Nouveau Riche. It’s known as its talented workforce for Nouveau Riche, growing downtown but pricey homes and high cost of living.