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Monthly Archives: December 2013

Arvind A. Raichur is an American lawyer who is also a known entrepreneur. He is the founder and current president of SonicSEO.com, Inc. which is formerly called AllLaw.com, Inc.

Raichur is a holder of double degrees: a B.A. in economics and political science. He finished these in the University of New Mexico where he served as a CLEO Fellow and a member of the ASUNM student senate. While he was taking his Juris Doctorate from the university, he also served on the UNM School of Law Honor Board as well as the UNM Natural Resources Journal. He was also a member of the 1994 Moot Court Team. In 1995, he finally acquired his J.D. and began his career as a lawyer by joining Mordall, Sperling, Roehl, Harris & Sisk, a firm in Albuquerque, NM. In there, his main practice areas included business litigation, employment law, contract negotiations, and Federal Employers Liability Act.

In 1998, Raichur established AttorneyLocate.com and AllLaw.com with his wife Becky. The websites were developed to serve as an online directory and legal information portal. After just a few years, AllLaw.com began to expand and started providing complete search engine marketing services to lawyers and law firms across North America. After around a decade, AllLaw.com expanded its scope again and targeted small businesses, helping them reach existing and potential customers online. Such services were carried out through SonicSEO.com.

As of 2010, AllLaw.com, Inc. was catering to more than 3,700 law firms in the US and Canada, listing their services in online attorney directories. AllLaw.com became a profitable multi-million dollar company. However, on December 1, 2010, AllLaw.com and AttorneyLocate.com were sold to Internet Brands. During the acquisition period, AllLaw.com was undergoing a corporate name change to SonicSEO.com, Inc.

As of late, Raichur remains active in the industry, being a frequent speaker in conventions and conferences related to Internet trends and search engine marketing. He has also received the recognition of being one of the Top Performing CEOs in New Mexico.

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Japan’s current 2nd richest man used to sit on the top spot but was downgraded by Forbes’ survey in June 2012. With a net worth of $7.9 billion, Nobutada Saji, now sits as the chief executive of Suntory Ltd. His company is the fourth-largest brewer and food manufacturer in the country.

Born on November 25, 1945, Nobutada was educated at the Koyo Gakuin High School. He then got his Masters Degree at the UCLA Anderson School of Management at the University of California, Los Angeles. It was in 2001 that he joined Suntory as the company’s CEO. His company is one of the largest beverage businesses in the country that also has an international presence. Their products range from soft drinks to beers, whiskies and wine. He has led his company to greater heights by redefining how they do business.

In 2013, he made headlines by announcing that he will be investing in a French football club, the Saint-Etienne. He is expected to invest 80 million to purchase his new team.

There are several out of school individuals who made it to the top of the list of billionaires and among them is Marc Rich. Known as an international businessman and financier, he is also in the business of commodities trading and managing hedge funds.

Born Marcell David Reich on December 18, 1934, he is a son of working-class Jews who migrated to the United States in 1941. It was in Antwerp, Belgium that he was born and to escape the Nazis, they moved to the US. His father established his jewelry store in Kansas City, Missouri and later on started a company that imports Bengali jute when they moved to Queens, New York in 1950.

His education started at the Rhodes Preparatory School in Manhattan. He then attended New York University but dropped out after just one semester to join what is now known as Phibro LLC. That was his first taste of being a commodity trader for his father. It was this job that gave him all the insights that he need to be successful in his field of interest. It was through Phibro LLC that he learned to do international trading of raw materials in third world markets. He helped oversee the company’s operations in countries like Spain, Bolivia and in Cuba.

It was in 1974 that he started his own venture and named it as Marc Rich & Co. AG, this business then changed its name to Glencor Xtrata PLC. He was given credit for expanding the spot market of crude oil in the 1970s. With his great experience, he was named by his friends and circle of businessmen as The King of Oil. The connections he made while working with Phibro LLC gave him the leverage to make his business grow and start eating other businesses. He built relationships with embargoed nations and various dictatorial regimes.

At the age of 78, Rich died of stroke in Lucerne Hospital on June 26, 2013. He was buried in Israel and is succeeded by his two daughters.

Born on September 18, 1939, Gerald Harvey made a comeback on Forbes’ listing of the world’s billionaires. He currently sits on the 1342nd spot with a net worth of $1 billion. He is best known for co-founding the Australian retail chain Harvey Norman and sits as the executive chairman of Harvey Norman Holdings Ltd.

Determined to become a farmer, Gerry dropped out of the university but still ended up becoming a lawyer and an accountant. He was born in New South Wales and went to Sydney for his university education when he was 17. His first stint as a businessman involved selling door-to-door of vacuum cleaners and fridges. His first venture with his business partner Ian Norman was retailer Norman Ross but the business eventually closed down. It was in Harvey Norman that he found his success and catapulted him as the 24th richest man in Australia.

Other than his business, his other interest lies in horses. He has about 900 horses and is part owner of Magic Millions Thoroughbred auction house.

“The Cultural Ambassador of Islam,” and “The Secret Sultan” are just a few of the known nicknames of Nasser Khalili. He is a world-renowned Iranian scholar, philanthropist, and art collector who now holds a citizenship in the United Kingdom. He continued his education in the United States after completing his schooling and national service in Iran. He later on moved to the United Kingdom in 1978.

Currently, he holds the 1342nd spot of the richest man on earth as listed by Forbes. His net worth is valued to be around $1 billion. He has been celebrated as an art collector since the 1980s and currently owns one of the world’s largest collections of Islamic art, a total of 20,000 pieces that spans 1,400 years. Under the Khalili Family Trust, he was able to assemble six of the world’s finest collections: Japanese Art of the Meiji Period, Three Hundred Years of Japanese Kimono, The Arts of the Islamic World, Spanish Damascend Metalwork, Enamels of the World and Swedish Textiles. His collection of Islamic art works is by far considered the largest privately held items in the world.

Part of his accomplishments is the Maimonides Foundation which is a charity that promotes peace and understanding between the three Abrahamic faiths: Islam, Christianity, and Judaism. It was in 1995 that he founded this organization and has been strongly leading the quest of finding understanding between these religions.

Nasser also received several honors and awards as part of his dedication to religion, education and the arts. In 1991, he received his first honor as an Honorary Fellow in the School of Oriental and African Studies at the University of London. He was also made a trustee of the City of Jerusalem in 1996, a Knight of the Equestrian Order of Pope St Sylvester in 2004 and a UNESCO Goodwill Ambassador in 2012.

Other than his art collections, he also has interests in commercial and retail properties and is reported to be building an energy-efficient office block called “The Wave.”

John Fredriksen is a Norwegian-born Cypriot oil tanker and shipping tycoon. He was once known as the richest man in Norway until he abandoned his citizenship and took up his Cypriot passport. He is best known for owning the largest oil tanker fleet in the world.

He owns Hemen Holdings and Meisha which controls the companies Golar LNG and Frontline from London. He was born from a welder and made his fortune from trading oil in Beirut in the 1960s. It was a decade after that he was able to purchase his tanker and started running crude oil trade for Iran in 1980. In 2005, he diversified his interest and ventured into deepwater drilling business. He now has major interest in Seadrill, Marine Harvest, Golden Ocean Group and Deep Sea Supply.

Last year, he was included in Bloomberg Markets Magazine of the 50 Most Influential People list. He is valued at $11.5 billion and is currently the 87th richest man in the world as listed by Forbes.

Born James Harris “Jim” Simons in 1938, James Simons founded Renaissance Technologies in 1982. He is known for being a philanthropist, mathematician and a hedge fund manager. He served as the head of the world’s most successful hedge fund companies in the world until he retired at the end of 2009.

With a net worth of $12 billion as of September 2013, he sits at the 82nd spot of being the richest man in the world. His private hedge fund investment company is based in New York and is managing over $15 billion in assets. Though he already stepped down from his CEO post, he remained to be the non-executive chairman of the company he built. He is described as being elusive and shuns the limelight. He rarely even gives out interviews and at one time was quoted for citing Benjamin the Donkey in Animal Farm: “God gave me a tail to keep off the flies. But I’d rather have had no tail and no flies.”

Simons was born to a Jewish family. His father Matthew Simons owned a shoe factory. One of the notable achievements of Simons was his earning of his Doctor of Philosophy in mathematics degree at the age of 23. He earned his Bachelor of Science in mathematics from the Massachusetts Institute of Technology and earned his doctorate at the University of California. He taught mathematics at MIT and at Harvard and was at one point asked by IBM to attack the block cipher Lucifer in 1973. He also served as a research staff of the Communications Research Division of the Institute for Defense Analyses.

Simons is a father of five children, two of whom died young under tragic circumstances. He lives with his family in Manhattan and also keeps a house in Long Island. As part of his philanthropic work, he is known as the Quant King and is a benefactor for the mathematical sciences, chair, supporting research projects and conferences both in the United States and abroad.

While the majority of teenage millionaire entrepreneurs today are in the tech industry, some made their millions from other industries as well. Madison Robinson is a 15 year old who happens to be the founder and CEO of Fish Flops, a children’s footwear brand.

Fish Flops is known for its unique design of children’s footwear that incorporated battery operated lights. The company is reported to be making millions of dollars a year in revenues, all thanks to the genius designs of Madison, who creates all them all by herself.

Asides from managing her own company and designing her own products, Madison is also involved in charity work. She is reported to have donated thousands of pairs of shoes to Texas Children’s Hospital and a community shoe drive that supported the Texas Park’s and Wildlife.

Today, Madison is known to be one of the most unique entrepreneurs in the world. She belongs to the few who have never received a rejection for their products. Every one of the stores she has approached has turned into a buyer of her brand.

 

During the past decade, the world has seen wave after wave of incredibly young, but talented entrepreneurs. Many of them have become millionaires. However, some who may still be struggling, but have managed to attain a certain level of success in entrepreneurship. One of them is Alex Mangini, owner of Kolakube.com, a sight devoted in the development and marketing of WordPress themes based on a development platform called Thesis.

Alex is reported to be earning around $120, 000 a year through this site and he is only 19 years old. He considers himself to have been an entrepreneur since kindergarten, where his first taste of business was selling Oreo cookies in his school’s cafeteria.

Like many teenagers today, Alex was fond of online games when he was 13. However, soon after becoming deeply involved in a game called Dinky Bomb, he discovered that he was more interested in participating in the game’s forums rather than the game itself.

His passion for communicating in online forums indirectly started his business. He loved the forum so much that he wanted to have one himself. Unfortunately, he found out that building a forum would cost him thousands of dollars. Nevertheless, he was determined to realize his dreams and began studying how to create his own forum, by the age of 14.

He soon developed a passion for web design and was developing blogs and websites based on WordPress, first as a hobby, but later on as a freelancer. Being business minded, Alex left freelancing to create a site of his own.

In 2011, Kolakube.com was launched and it earned $500 during its first month of operation. However, this would quickly climb to $10,000 a month as news of his remarkable services spread around the internet.

In 2010, Alex received two notable achievements. The first was being included among the Top 50 Bloggers in the World by Income Diary; and the second was from Rob Sutton, as being among the Top 30 bloggers of 2010.