The Asian property sector started slowing down sometime in 2007 and remained weak in 2008 due to the slowdown in the global economy and the cautious state of investors after the crash of the United States housing market. The meltdown resulted in the collapse of several large banking and financial institutions in the United States [...]

In the year 1919, an entrepreneur from California named Roy Allen purchased a root beer formula from a pharmacist in Arizona, mixed up a batch of creamy root beer and sold the first frosty mug of this delightful beverage for five cents. Now, eighty-six years later, A&W Root Beer is still made fresh daily and [...]

Born    : March 29, 1918(1918-03-29) in Kingfisher, Oklahoma, U.S. Died    : April 5, 1992 (aged 74)in Little Rock, Arkansas, U.S. Occupation      : Former Chairman, Wal-Mart Net worth        : US$58.6 bn (1992 Forbes 400), $128.0 billion (2008), according to Wealthy historical figures 2008. When a person from Berryville, Arkansas, began opening discount stores outside [...]

Born    : 14 February 1967 in Athens, Greece Alma Mater     : London School of Economics Occupation      : Entrepreneur Net Worth       : GBP £1.29 billion Stelios is the man who introduced low-cost flying in Britain, and today he is a big guy with a personal fortune of $650 million. But he drives to his favorite casino in [...]