Category Archives: Lists

C.R.E.A.M. – 2013’s Top 10 Billionaires With Most Cash On Hand

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This group of billionaires are redefining “Cash is King” in cash allocation to their portfolio. Who loves cash the most? See Russians. They love their cash and comprise half of the list. Despite a horrible interest rate environment for cash with real interest rates being virtually negative around the world this group believes their is value in keeping their powder dry.

1. Ernesto Bertarelli

Cash On Hand: $14 Billion

This Swiss billionaire is the king of cash among the top 100 billionaires in the world. Currently, his cash allocation is 92.7 percent of his wealth.

2. Hans Rausing

Cash On Hand: $12.3 Billion

The Swedish billionaire leads the list with most cash percentage as portion of wealth with 94.6 percent. Taking the term cash is king to another level.

3. Mikhail Prokhorov

Cash On Hand: $9.8 Billion

An interesting Russian billionaire who does not own a cell phone but does own the Brooklyn Nets. His current cash allocation is 74.8 percent of his wealth.

4. Roman Abramovich

Cash On Hand: $9.4 Billion

Another Russian billionaire who keeps his cash handy with 71.7 percent of his wealth in cash.

5. Len Blavatnik

Cash On Hand: $8.9 Billion

The king of cash for American billionaires has 55.6 percent of his wealth in cash. Owns the rights to Warner Music’s “Happy Birthday”.

6. Mikhail Fridman

Cash On Hand: $8.4 Billion

A Russian billionaire who played the piano throughout high school. Currently, he holds 54.9 percent of his wealth in cash.

7. Viktor Vekselberg

Cash On Hand: $8.2 Billion

This Russian billionaire owns the former estate of Italian dictator Mussolini. His cash allocation is 54.6 percent of his wealth.

8. Alisher Usmanov

Cash On Hand: $7.4 Billion

Russian billionaire who controls the country’s largest iron ore producer. Unlike his other Russian brethren “only” 35.9 percent of his wealth is in cash.

9. Carlos “Slim” Helu

Cash On Hand: $5.9 Billion

The man who goes back and forth with Bill Gates as the world wealthiest person has almost 9 percent of his wealth in cash.

10. Phil Knight

Cash On Hand: $5.4 Billion

The only other American billionaire to make this list and Mr. Just Do It. Founder of Nike and sometimes labeled eccentric billionaire has 32.3 percent of his wealth in cash.

Source: Bloomberg Billionaire Index

HBCU Money™ Business Book Feature – The Greatest Salesman In The World

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The Greatest Salesman in the World is a tiny book, and it is a treasure. First published in 1968, Og Mandino’s classic remains an invaluable guide to a philosophy of salesmanship. Mandino’s clear, simple writing style supports his purpose: to make the principles of sales known to a wide audience. A parable set in the time just prior to Christianity, The Greatest Salesman in the World weaves mythology with spirituality into a much needed message of inspiration in this culture of self-promotion. Mandino believes that to be a good salesperson, you must believe in yourself and the work you are doing. It is a simple but profound spiritual philosophy about how to succeed in the world’s marketplace, easily understood and easy to take to heart. — Jodie Buller

HBCU Money™ Business Book Feature – The Comanche Empire

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In the eighteenth and early nineteenth centuries, a Native American empire rose to dominate the fiercely contested lands of the American Southwest, the southern Great Plains, and northern Mexico. This powerful empire, built by the Comanche Indians, eclipsed its various European rivals in military prowess, political prestige, economic power, commercial reach, and cultural influence. Yet, until now, the Comanche empire has gone unrecognized in American history. This compelling and original book uncovers the lost story of the Comanches. It is a story that challenges the idea of indigenous peoples as victims of European expansion and offers a new model for the history of colonial expansion, colonial frontiers, and Native-European relations in North America and elsewhere. Pekka Hämäläinen shows in vivid detail how the Comanches built their unique empire and resisted European colonization, and why they fell to defeat in 1875. With extensive knowledge and deep insight, the author brings into clear relief the Comanches’ remarkable impact on the trajectory of history.

HBCU Money™ Business Book Feature – Black Business Secrets: Resources for the African American Entrepreneur

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“Should I lower my price point? Give my new product away for free online? How do I compete when my goods, services, or business model might be duplicated?” In this candid, 21st-century-savvy guide, Dante Lee illustrates how passion can become profit by addressing the questions that every businessperson needs to ask. Black Business Secrets discusses the entrepreneurial skills that African-American business owners must master in order to compete in a world where most new companies fail within three years.

Whether you’re a weekend entrepreneur or a career-changing professional, Lee’s motto—“don’t be a worrier, be a warrior”—applies. From personal branding to best practices, this empowering blueprint offers surefire tips and strategies designed to ensure business survival and success.

HBCU Money™ Business Book Feature – Hawaii – The Fake State: a nation in captivity

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The book comes from an evaluation of findings after more than
twenty eight years of political review and lawful study; investigation and determining facts of law; and, of actual events and of unlawful actions by the Federal United States Government; its deceptive and fraudulent claim over a foreign, sovereign and “neutral” nation; actual evidence of misleading legal documents of false claim for a Statehood in the American Union of States that does not lawfully exist and that can never exist. It is a revelation of past historical events with supporting documentation revealing to a new generation of Americans and Hawaiian Citizens on how they have lost their birth names and birthrights, as well as their Citizenship as “Private Citizens” within their respective nations. How they have been deviously removed from their birth State’s Constitutions and “State’s common-law” and their National Constitutions (of the American Republic of States and of the Hawaiian Kingdom) to a lesser Washington D. C. “Federal Emancipated Slave citizenship” (14th Amendment) under Article 1 Section 8 of that very same Constitution of the American Republic and its Union of States.