Friday, March 16, 2012

Hidden Billionaires in Plain Sight Emerge As Stocks Rise

Bloomberg writes: Billionaire Steven Bresky, 58, has eluded the limelight that usually accompanies great wealth for five years. In 2007, Bresky inherited his father’s 74 percent stake in Seaboard Corp. (SEB), a $5.7 billion commodities trading and cargo shipping company that generated almost a third of its revenue last year slaughtering 5 million hogs. Bresky’s stock is worth $1.7 billion today.

An analysis of stakes held in publicly traded U.S. and Latin American companies uncovered Bresky and seven other billionaires who haven’t appeared in any major international wealth rankings. Most of their 10-figure fortunes are derived from public holdings and dividend income….

Read more at http://www.bloomberg.com/news/2012-03-15/hidden-billionaires-in-plain-sight-emerge-as-stocks-rise.html

No comments:

Post a Comment