07 March 2012

It's tough at the top

My heart bleeds.  Bloomsberg reports:
The 20 richest people on Earth lost a combined $11.3 billion yesterday as global markets fell after European economic growth slowed and investors weighed Greece’s chances of getting bondholders to accept a debt swap. 
Unless you are Michele Ferrero (he of the chocolates):
... whose $22.5 billion fortune makes him the world’s 18th-richest person. Ferrero owns the world’s fourth-largest chocolate maker, Ferrero SpA (FERR). The company’s products include Ferrero Rocher hazelnut chocolates and Nutella. His net worth is up 6.6 percent this year.
Not a lot of people know that.

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