Finance Biography

When Ashton Kutcher first heard about 50 Cent's nine-figure Vitaminwater windfall in 2007, the actor realized he'd been missing out. He soon followed the rapper's formula - seeking equity instead of cash for endorsement deals - but with a twist: as the first person to top one million Twitter followers, Kutcher leveraged his social reach to accumulate stakes in a vast range of user-hungry tech startups. A decade later, Kutcher is perhaps the brightest in a firmament of star investors from Beyoncé and Jay-Z to Jennifer Lopez and Alex Rodriguez.

In September 2014, a Chinese company that most Americans had never heard of held the largest IPO in history - bigger than Google, Facebook, and Twitter combined. Alibaba, now the world's largest ecommerce company, mostly escaped Western notice for over 10 years, while building a customer base larger than Amazon's and handling the bulk of ecommerce transactions in China. How did it happen? And what was it like to be along for such a revolutionary ride?

Here's a biographical profile of Henry J. Kaiser, a great industrialist and philanthropist who had a profound impact on America's ability to prevail in World War II. People tend to regard the great American titans of the past as robber barons, men who made their fortunes off the backs of the oppressed, flaunting laws and living like nabobs while others had to scratch for a living.

When Frank Ahrens, a middle-aged bachelor and 18-year veteran at the Washington Post, fell in love with a diplomat, his life changed dramatically. Following his new bride to her first appointment in Seoul, South Korea, Frank traded the newsroom for a corporate suite, becoming director of global communications at Hyundai Motors. In a land whose population is 97 percent Korean, he was one of fewer than 10 non-Koreans in a company of 5,000 employees.

Tracy Kidder, the “master of the nonfiction narrative” (The Baltimore Sun) and author of the bestselling classic The Soul of a New Machine, now tells the story of Paul English, a kinetic and unconventional inventor and entrepreneur, who as a boy rebelled against authority.

Despite Jack Ma's massive influence in China and in the global tech world, his inspirational rags-to-riches story is relatively unknown to the general American public. Never Give Up: Jack Ma in His Own Words is a comprehensive guide to the inner workings of arguably the most prominent figure in the global tech world in the past 20 years - comprised entirely of Ma's own thought-provoking and candid quotes.

Jake Halpern introduces us to a former banking executive and a former armed robber who become partners and go in quest of "paper" - the uncollected debts that are sold off by banks for pennies on the dollar. As Halpern shows, the world of consumer debt collection is a wild and unregulated shadow land, where operators may misrepresent a debtor's situation, make illegal threats, and even lay claim to debts that are not theirs to collect in the first place.

A rollicking journey through the wild world of real estate, Life Would Be Perfect If I Lived in That House is the story of "a very imperfect life lived among very imperfect houses" and one woman's obsession with the search for four walls (along with, preferably, a roof not in need of replacing) to call home. In the six houses and many states where Meghan Daum spent her suburban childhood, for the Daum family, "if there was anything that came close to a regular weekend activity it was attending open houses."

The UCLA tradition carries on in the work of dozens of economists who earned their PhDs at UCLA during its golden years. Because their work spread beyond UCLA, the tradition lives on in the work of scores of economists who had no formal connection with the school.

David Hume (1711–1776) is a towering and intriguing figure. He was the preeminent philosopher in what is now called the Scottish Enlightenment, a time that was “crowded with genius” and in a place regarded as the rebirth of the golden era of Athens. His writing displayed an astonishing range, addressing everything from metaphysics to politics, and in subject after subject, he produced fresh, novel, and brilliant insights.

On the death of France's most glorious king, Louis XIV, in 1715, few people benefited from the shift in power more than the intriguing financial genius from Edinburgh, John Law. Law had proposed to the English monarch that a bank be established to issue paper money with the credit based on the value of land. But Queen Anne was not about to take advice from a gambler and felon. So, in exile in Paris, he convinced the bankrupt court of Louis XV of the value of his idea.

We have selected for you 100 best quotes by Marx. Karl Marx was a German philosopher, economist, historian, political theorist, sociologist, journalist and revolutionary socialist. Marx studied law and Hegelian philosophy. His best-known titles are the 1848 pamphlet, "The Communist Manifesto", and the three-volume "Das Kapital". His political and philosophical thought had enormous influence on subsequent intellectual, economic and political history and his name has been used as an adjective, a noun and a school of social theory.

Detouring from the traditional timeline of marriage-kids-house, 26-year-old Vikki Warner skips straight to homeownership. She buys a run-down three-story house in Providence, Rhode Island, and suddenly finds herself responsible for a rotating cast of colorful tenants. Adulthood comes with unforeseen challenges: backed-up sewage, gentrification, global economic downturn. Tenemental is a candid portrait of how sharing space profoundly reshapes our lives, and forces us to grow into ourselves.

Mike Daisey worked at Amazon.com for nearly two years during the dot-com frenzy of the late nineties. Now that his nondisclosure agreement has expired, he can tell the real story - one that blends tech culture, hero worship, cat litter, Albanian economics, and venture capitalism into a surreal cocktail of delusion.

At just 30 years old, Sam Polk was a senior trader for one of the biggest hedge funds on Wall Street, on the verge of making it to the very top. When he was offered an annual bonus of $3.75 million, he grew angry because it was not enough. In that moment he knew he had lost himself in his obsessive pursuit of money. And he had come to loathe the culture - the shallowness, the sexism, the crude machismo - and Wall Street's use of wealth as the sole measure of a person's worth. He decided to walk away from it all.

In 1966, two columnists joined Newsweek magazine. Their assignment: Debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics. Milton Friedman championed "monetarism" and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.

Revlon's C.E.O., financier Ronald O. Perelman is one of the richest men in America. Watched by the financial community with interest, Perelman has built a personal business empire worth an estimated $6 billion over the past 15 years. Linked to society's most dazzling beauties, Perelman owns palatial estates in Palm Beach, East Hampton, Manhattan, Sun Valley and Bel Air, as well as an impressive art collection, a fleet of automobiles and two G-4 jets.

When economists are called “influential,” it usually means they’ve changed the way other economists think. By that standard, Milton Friedman was one of the most influential economists of all time.

In 2000, after the Tribune Company acquired Times Mirror Corporation, it comprised the most powerful collection of newspapers in the world. How then did Tribune nosedive into bankruptcy and public scandal? In The Deal from Hell, veteran Tribune and Los Angeles Times editor James O'Shea takes us behind the scenes of the decisions that led to disaster in boardrooms and newsrooms from coast to coast, based on access to key players, court testimony, and sworn depositions.

For some of the world's most powerful people, the Empire State Building is the ultimate prize. In a riveting chronicle of betrayal, revenge, family rivalry, and raw greed, Wall Street Journal columnist Pacelle tells the compelling tale of the Empire State Building ownership battle of the 1980s and '90s, bringing to life a colorful cast of characters that includes Donald Trump, Leona Helmsley, and the eccentric Japanese billionaire Hideki Yokoi.