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Posts Tagged ‘billionaire’

Naomi Campbell Attacked Photographer With Handbag

A photographer has alleged that he had to be hospitalized after supermodel Naomi Campbell attacked him while vacationing with her billionaire boyfriend in Italy last month.

Naomi, 38, had come to the volcanic island of Lipari, just off the coast of Sicily, with BF Mikhail Prokhorov. Paparazzo Gaetano Di Giovanni says he suffered a scratched eye [...]

Five million Thais sign up for Thaksin pardon

“Red-shirt” supporters of former Thai premier Thaksin Shinawatra ended a rally in Bangkok on Saturday, claiming more than 5 million signatures for a petition seeking royal clemency for the fugitive billionaire. Demonstrators from the United Front for Democracy against Dictatorship (UDD) rallied

Buffett to star in children’s cartoon

The Secret Millionaires Club to feature an animated character of the billionaire investor giving advice on the art of finance

The so-called Sage of Omaha, Warren Buffett, is a billionaire, a philanthropist, a stockpicker and an author. In a new turn for his veteran career, the wily 78-year-old investor will shortly add cartoon star to that list.

An animated character of Buffett is to tutor children about the art of finance in a series called The Secret Millionaires Club, to be created by the internet empire AOL and media production firm A Squared Media. Episodes lasting three to five minutes will initially appear on AOL, before being distributed more broadly across the web via social networking sites.

The world’s second richest man is in august company. Others featuring in cartoons as part of the same project include the supermodel Gisele Bündchen, who plays a superhero protecting the environment, and Martha Stewart, who will educate viewers in cooking, crafting, gardening and creating “unforgettable” events.

Nebraska-based Buffett has built a vast army of US followers who admire his flair for picking successful investments and acquisitions. His fortune is estimated at $37bn (£22.5bn), ranking second only to Bill Gates’s $40bn on Forbes magazine’s annual ranking of the world’s richest people.

Buffett said the credit crunch served as a reminder of the need to teach children about money: “What better time to help educate our kids about financial responsibility.”

It has been a tough year for Buffett, by his own high financial standards. The billionaire’s Berkshire Hathaway investment company suffered a rare drop in its asset value during 2008, partly due to what Buffett admitted were some “dumb” choices. Berkshire recently lost its cherished triple-A credit rating and its shares have slipped by 18% over the last 12 months.

Nevertheless, a charity auction for a steak lunch with Buffett recently raised $1.68m.

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