They will take their money overseas to avoid the taxes needed to maintain the social stability of the nation from which they derived their fortune.
Hedge fund owners – Almost half of the 45 new members of the 2007 Forbes 400 derived their fortunes from hedge funds or private equity.
Mr. Scheide derives his fortune from his grandfather, William Taylor Scheide, an associate of John D. Rockefeller in the Pennsylvania oil fields.
$2 billion Germany At least 5 The Ströher family derives its fortune from Wella AG, which started off selling wigs and curlers at the turn of the century.
Julio Ponce Lerou derives his fortune from his roughly 25% stake in Sociedad de Quimica y Minera de Chile, ("Chemical and Mining Co. of Chile"), a publicly traded company that is one of the world's largest producers of potassium nitrate, iodine and lithium -- chemicals used in products a variety of fertilizers and LCD screens.
Together with his brother Michael and their mother, Ingeburg, Wolfgang Herz derives his fortune from two of Germany's most recognized companies: Tchibo -- which imports and sells coffee, while also retailing a range of other consumer goods and services -- and listed skin-care company Beiersdorf AG, whose brands include Nivea.
Together with his brother Wolfgang and their mother, Ingeburg, Michael Herz derives his fortune from two of Germany's most recognized companies: Tchibo -- which imports and sells coffee, while also retailing a wide range of other consumer goods and services -- and listed skin-care company Beiersdorf AG, whose brands include Nivea.
Lela was from a family whose vast fortune derived from Ohio real estate and pig fat.
Then Ben's wealthy father, his fortune derived from what must be the world's most profitable country store and a laughably idyllic "farm", dies.
Over the last 30 years he's crisscrossed the globe conducting a clandestine operation to give away a $7.5bn fortune derived from hawking cognac, perfume and cigarettes".
The catalog identifies this diminutive creature, with its open, upturned beak as the "plump sparrow," an emblem of good fortune derived from an old folk tale.
