“It is quite common to hear high officials in Washington and elsewhere speak of changing the map of the Middle East, as if ancient societies and myriad peoples can be shaken up like so many peanuts in a jar.”

― Edward W. Said

"A developing country that wants to develop its economy must first of all keep natural resources in its own hands."
- Deng Xiaoping

Friday, February 1, 2013

Billionaire Kuok Says His Empire Can Last ’Generations’

By Chanyaporn Chanjaroen & William Mellor

Jan 31, 2013
Bloomberg Markets Magazine

When billionaire Robert Kuok introduced a luxury hotel brand in 1971, he named it Shangri-La, after the fictional utopia in which inhabitants enjoy unheard-of longevity.

Ensconced in his executive suite 32 floors above Hong Kong’s Victoria Harbor -- the room decorated with a pair of elephant tusks gifted by the late Tunku Abdul Rahman, the first prime minister of Malaysia -- the world’s 38th-richest person appears to have defied the aging process himself.

Kuok had accumulated a fortune of $19.4 billion as of Jan. 31, according to the Bloomberg Billionaires Index. Trim, dapper and straight backed at 89, he shows no signs of stopping there, Bloomberg Markets magazine will report in its March issue.

To continue reading.......