Showing posts with label businessmen. Show all posts
Showing posts with label businessmen. Show all posts

Monday, October 15, 2012

Bill Gates' amazing Windows 8, vast wealth, charities and his dream homes

Will Soon Flourish column by Wilson Lee Flores

The Philippine Star

September 9, 2012
As we look ahead into the next century, leaders will be those who empower others.     — Bill Gates




SINGAPORE — During a recent trip to ASEAN’s financial and technology hub, top Microsoft officials showed me sleek mobile phones and laptops made by HTC, Samsung, Nokia, Lenovo and Acer which respectively run on Windows 7.7 and 7.1 software.

A Microsoft executive told the Philippine STAR: “Windows 7.5 offers hundreds of features and experiences designed to build on phones’ intuitive, ‘people-first’ foundation — multitasking, more integrated apps, primo mobile Web browsing and powerful/personalized tools like integrated social networking and conversation threads for connecting with people in our lives.”

What is even more exciting is the scheduled global launch of Windows 8 in late October, which incidentally coincides with the 57th birthday of Microsoft founder Bill Gates.



More than all the impressive technological advancements which are expected to improve our lifestyles, I decided to do additional research on Bill Gates. Here are some of the many reasons why we should admire this extraordinary visionary:

Continuous innovation is key to real success. Bill Gates has shown that innovating is essential not only to business, but also to professional and other successes. The popularity of computers and Microsoft’s Windows software in virtually every household or business on earth became a reality due to Bill Gates’ nonstop quest for technological innovations.



Nowadays, Bill and wife Melinda use nonstop innovations in their passionate and diverse philanthropic endeavours in Third World nations. Bill Gates said: “Never before in history has innovation offered the promise of so much to so many in so short a time.”




Bill Gates, a self-made man, is the world’s second wealthiest. Once the world’s wealthiest tycoon for 13 years, Gates established Microsoft as the world’s technological trendsetter.

At the start of September, his estimated personal fortune was US$72.89 billion based on Microsoft stock price of $30.82 per share. Unknown to most people, his three kids like to tease Bill Gates by singing the song Billionaire by Travie McCoy and Bruno Mars.




Gates advocates not giving too much in inheritance. Last year, Bill Gates made global headlines by saying that his three children---16-year-old Jennifer, 13-year-old Rory and 10-year-old Phoebe---would only inherit "a miniscule portion" of his wealth.

He added: “It will mean they will have to find their own way.” Various media reports added that each child would receive possibly less than $10 million each. Of course, he will give his kids “an unbelievable education” plus health benefits.



This writer admires the bold unconventional thinking of Bill Gates and his friend, the world’s third wealthiest tycoon Warren Buffett, of not bequeathing too much wealth to kids or kin. I believe that not giving too much wealth can help build the character of people. By allowing kids and kin to find their own way, we allow them the struggle to amass one’s own money which is one of the world’s incomparably great thrills!

(Photo below of Bill Gates with his friend world's third wealthiest billionaire, during the launch of a Chinese-manufactured car)



(Again, picture of the two friends)



Bill Gates seems to have another thought-provoking reason for not wanting to bequeath wealth to kids. He said last year that self-made millionaires and billionaires tend to donate so much more money to charities which help the world, compared to generally less-generous heirs. He said in March 2011: “Our experience worldwide is that first-generation wealth is actually more generous than dynastic wealth.”

Losing world’s richest crown, Bill Gates is still the most generous philanthropist. The Microsoft founder actually didn’t lose his title as the world’s richest man in 2010 to Mexico’s telecom monopolist Carlos Slim due to lack of business acumen or a slack in Microsoft’s success. Bill Gates gave away that title by donating a huge chunk of his wealth — worth billions of dollars — to his charitable organization called the Bill and Melinda Gates Foundation.

(Below is photo of world's No. 1 richest billionaire Carlos Slim of Mexico, as photographed by Adriana Zehbrauskas of the New York Times)



This foundation helps educational and public health causes all over the world. He has studied the charitable works of past American self-made tycoons Andrew Carnegie (who donated most of his wealth) and John D. Rockefeller. I believe Bill Gates now has a greater distinction in being the world’s No. 1 most generous philanthropist; in fact, he has already donated $28 billion.

(Photos of phenomenal American "rags-to-riches" tycoons Andrew Carnegie and John D. Rockfeller, whose magnanimous philanthropies Bill Gates studied)








Melinda French Gates has encouraged the public to learn from the philanthropic efforts of the Salwen family, who sold their house in order to donate half its value. This story is recounted in the 2010 book by Kevin Salwen and his 14-year-old daughter Hannah entitled The Power of Half: One Family’s Decision to Stop Taking and Start Giving Back.

Bill and Melinda Gates invited Joan Salwen to Seattle to speak about their family’s social idealism. Then, on Dec. 9, 2010, Gates, his friends Warren Buffett and Facebook founder Mark Zuckerberg signed a promise called the “Gates-Buffet Giving Pledge”: a pledge to eventually donate to charity at least half of their wealth.

(Pictures below of the Salwen family, the house they sold in order to donate half their money to charity, and the popular book)









Bill Gates is a good family man with a dream house by the lake. For his family, Bill Gates took seven years to build a high-tech, Pacific Northwest lodge design house with total floor area of 66,000 square feet over five acres of land by the lake. Much of this mansion is underground, so it doesn’t look humongous. This house is auspicious based on ancient Chinese feng shui or geomancy — located by a hill and overlooking a lake.

Nicknamed Xanadu 2.0, this wonderful home has the following areas: seven bedrooms, 24 bathrooms, six kitchens, six fireplaces, a pool building, exercise facilities, a 2,100-square-foot domed library including two secret bookcases (Gates has loved to read ever since he was a kid), an art collection, a formal dining room, a trampoline room, offices, a reception hall, a multi-purpose room, guest house, underground garage and two above-ground garages, a theater that seats 20 people, gatehouse, boathouse, activities building, estuary, 60-foot swimming pool with underwater music system, a reception hall that can accommodate 150 people for a sitdown dinner or 200 people for a cocktail party, gardens, and a stocked trout stream.

(The residence or mansion of Bill Gates and his family)

aerial view of Bill Gates home

(Another view of the Bill Gates mansion)

Close view of Bill Gates house

(A picture of the unique and extraordinary Bill Gates mansion)




(U.S. News & World Report rendition of Bill Gates' high-tech mansion)




Bill Gates once said about his parents’ marriage: “In my parents I saw a model where they were really always communicating, doing things together. They were really kind of a team. I wanted some of that magic myself.”

A bridge player, golfer and fan of Frank Sinatra songs, Bill Gates is a loving husband and has raised his three kids to lead healthy, normal lives. Beyond his being the Genghis Khan of technological conquests, his vast wealth or his philanthropic largesse, this writer also admires tech whiz Bill Gates for his success as a good husband and a good father.

(Singer Frank Sinatra, Bill Gates admires his songs)



* * *

Thanks for all your letters! E-mail willsoonflourish@gmail.com or follow WilsonLeeFlores on Twitter.com, oand "like" the Wilson Lee Flores page on Facebook.

Sunday, October 14, 2012

EXCLUSIVE INTERVIEW! Phantom of the Opera producer James Cundall shares Success Strategies & how to excel globally by running 6 international companies, plus enjoying idyllic 400-year-old farm residence in rural north England

(Photo below from the Masquerade scene of the 2012 production of Phantom of the Opera)



One of my most interesting interviews this year was with an international British entrepreneur---James Cundall---in the fascinating business of show business, the big business of musicals and other forms of entertainment.

A former investment banker, this guy has shifted to a no less hectic but totally different business arena of high-culture and world-class entertainment such as Phantom of the Opera, Mama Mia, Cats and many others.

I was earlier this year invited by his company to watch the sold-out performances of the world's most popular musical Phantom of the Opera in Johannesburg City, South Africa. When I did this interview in Manila, it was on the first day gala performance of Phantom.

Let us learn the success strategies and innovative thoughts of this banker-turned-showbiz entrepreneur.





Success strategies & a global view from the 'Phantom of the Opera' producer
Bull Market, Bull Sheet column by Wilson Lee Flores

The Philippine Star newspaper

September 3, 2012



Photo is loading...
James Cundall, chief executive of the UK-based Lunchbox Theatrical Productions Limited: “We plan to bring in next Dirty Dancing, Starlight Express and one day we shall bring Evita to Manila.”

There’s no business like show business. —Irving Berlin

He is one of the world’s top entertainment entrepreneurs and chief executive of the UK-based Lunchbox Theatrical Productions Limited, which is behind the ongoing blockbuster musical Phantom of the Opera. Now being staged to sold-out audiences at the Cultural Center of the Philippines (CCP), Phantom producer James Cundall, 55, gave the Philippine Star an exclusive interview just before the star-studded Aug. 30 gala performance. Excerpts:

PHILIPPINE STAR: How many times have you been to the Philippines and what are your impressions?

JAMES CUNDALL: I’ve been coming here to Manila 50 times for over 20 years. I’ve been coming here as fund manager and private banker heading the Hong Kong office of Global Asset Management (GAM) and later as Asia head of Rothschild Asset Management, and I’ve never seen so many construction cranes in Manila’s skyline before. The Philippine economy is growing fast, you’re doing well, even your stock market is up. The growth of the entertainment markets here in the Philippines and Asia follow robust economic growth. I foresee the blossoming of international productions and also those of local entertainment as your economy grows stronger.

I read that last year, in one season of Broadway alone, ticket sales reached nearly US$10 billion. I’m sure the West End of London has the same huge business. In terms of ticket sales and audience, what are the world’s top musicals?

Yes, musicals on Broadway and the West End of London are massive, massive businesses. The markets here in Asia and in Latin America are growing fast. Live entertainment worldwide is a massive business and growing every day. Phantom of the Opera is still the world’s biggest musical and also Broadway’s longest-running musical. The other biggest ones are Cats, Les Miserables, Miss Saigon and Lion King. Among the new ones, Wicked is big among the next generation.

(Photo below of Cats musical produced by Lunchbox in Manila, one of the performers is Philippine-born international Broadway star Lea Salonga)



(Images below from the musical Les Miserables)








(Images below of Wicked the Musical)







(Photos below from the musical Miss Saigon)





(Photos from Lion King the Musical)





You’ve excelled as an international banker and now as CEO of six companies worldwide, producing big entertainment shows in 22 countries. You were also producer of the outdoor opening ceremony of China’s record-breaking Expo 2010 in Shanghai. What are your success strategies or tips?

Hard work and luck … we work very hard because in this business we start very early and end late at night. It is important to develop discipline of thought, to not be afraid of doing big decisions quickly. Always listen to every bit of advice that comes your way. Be a globalist; think globally. Ignore negative people and negative thoughts. Ultimately, trust your gut instincts. Another thing — if something smells bad, it usually gets worse.

(Photos of the outdoor opwening ceremony of China's record-breaking Expo 2010 in Shanghai)










So your advice to entrepreneurs and even professionals is to excel and think globally?

Yes. I’m producing Phantom here in Manila, and also tonight I have a show in Madrid called Sleeping Beauty on Ice, also a production in Singapore called Slava's Snow Show, plus 20 other shows. We have six Lunchbox companies in Europe, Asia and Australia/New Zealand regions. I’m a globalist. Ever since I was a private banker, I’ve learned to think globally — that there should be no boundaries for business. I’ve been thinking of the world as a small village. Whether it’s finance, show business or other fields, it’s the same.

(Photo below of Sleeping Beauty on Ice)



(Photo below of Slava's Snow Show)





Is it true your family’s business was farming and auctioneering, then you went into banking and that your present global entertainment business just started out as a hobby?

Yes, our family has been in farming and also livestock auctions for five generations in England’s North Yorkshire area. Did you know that I learned to sell cows in my youth? (Laughs) But I felt that it wasn’t for me and told my father. Luckily a family friend was a stockbroker in London who helped me get a job at Schroeder Asset Management. Later on I was headhunted by Global Asset Management (GAM) and posted to run their Hong Kong operations for eight years. Later I was headhunted to Rothschild Asset Management’s Hong Kong office to run their Asia business.

Is that the world-famous 200-year-old Jewish banking dynasty of Europe, which financed Britain’s Suez Canal project as well as the founding of the world’s fourth biggest mining giant Rio Tinto and the world’s biggest diamond mining firm, De Beers?

Yes, that firm I was with was owned both by the British and French branches of the Rothschild family.

Have you met them? Why have they been so good in finance all these generations?

I’ve met all of them, because I was on the board and head of Asia. They were all fascinating. I think they’re genetically — they have an inborn ability to make money. I don’t know their success secret, I think it’s genetics; they’re just brilliant with finance.

(Images below of the successful, world-famous and historic Jewish banking clan of the Rotschilds, including a 1963 Time magazine cover and the family's coat of arms)







How and why did you get into the entertainment business?

While I was a banker in Hong Kong, I established Lunchbox Theatrical Productions originally as a hobby. Why? It’s because I didn’t play golf (laughs). Our first show we brought from UK’s West End to Hong Kong was the Barnum circus show; the second one was South Pacific. The business started as a small idea, which became big. In 1996, we brought Les Miserables and Cirque du Soleil to Hong Kong, and they were both massive. In 1997, I had a falling out with one of the members of the Rothschild family and by that time Lunchbox was becoming big, too, so I decided to leave finance and go into the entertainment business.

(Poster below of a Barnum production)




(Image below of a poster of the South Pacific musical, not of the Hong Kong performance mentioned in this blog post)



(Photo below of the Cirque du Soleil show)





When did you first meet Filipino businessman Francis Lumen and how is it doing business with him in your Philippine productions?

I met Francis for the first time four years ago at Dusit Thani Hotel in  Makati. It’s wonderful doing business with him; he is charming, a talented businessman and has a great sense of humor. It was also absolutely fantastic working with Bambi Verzo here in Manila and Bob Sewell of Ticketworld.

(Photo below of Francis Lumen, Bambi Verzo and Philippine Star columnist Johnny Litton)



Is it true you’re extending Phantom of the Opera at the Cultural Center of the Philippines (CCP)? Are any more extensions possible?

We’ve agreed to add 16 more shows due to high demand, but Phantom at the CCP ends on Oct. 14 and we cannot extend, because we’re bringing it to South Korea immediately after.

(Photo below from Phantom of the Opera as staged in Cultural Center of the Philippines, Manila)



Another newspaper’s front-page report said the OPM group of Filipino music entertainers had lodged a complaint against the foreign entertainers of Phantom. Your reactions?

The complaint of the OPM group, it’s not our issue because we’ve conformed with the requirements of the Bureau of Immigration and Deportation (BID). They ultimately have their own issue. We’ve had no similar issues when we produced similar big productions in other Asian countries like Singapore, Hong Kong or China.

I hope The Philippine STAR newspaper can help highlight the fact that we have between 50 to 65 Filipinos behind Phantom of the Opera every night at the CCP: we’ve got one actor, 14 musicians, 40 backstage crews. What’s enjoyable about Phantom here is we have brilliantly talented Filipinos having this wonderful opportunity to work with the world’s biggest musical with the best music by Andrew Lloyd Webber, the most amazing set and costumes, great talents and a beautiful love story.

You and your Philippine business partner Francis Lumen have brought to Manila many big shows. What are your other new plans?

We plan to bring in next Dirty Dancing, Starlight Express and one day we shall bring Evita to Manila.

(Images below of Dirty Dancing the Musical)



(Photo below of Starlight Express musical)




(A poster of the musical Evita on the enigmatic, controversial and well-loved "rags-to-riches" late First Lady of Argentina)






Have you met former First Lady Imelda Romualdez Marcos, whom some have compared to the late Evita Peron?

Yes, I met her at the opening nights of Cats and Mamma Mia!, and I heard she’s coming tonight to the gala opening of Phantom. Gosh, she’s much taller than I thought. She loves music; she loves our productions.




How do you assess the world economy? Also, do you see America’s economic decline due to the inevitable pattern of the rise and fall of superpowers similar to what happened to the once-No. 1 British empire?

On the future of the US, you’ll have to ring Mr. Obama about that (smiles). On the world economy, it’s complex. The British economy is very troubled, though the recent well-organized London Olympics can be a psychological boost. I suspect the world economy will stay strained and complex for many years to come, but it doesn’t mean that economies will not grow. It just means the economic situation will not be as simple as it was in the 1990s and the early 2000s.

(Photo below of producer James Cundall in Manila with the hit musical Mama Mia!)



You’re doing business in three continents the whole year with your six companies; where is home for you and how much time — if any — do you spend there?

I live at a farm in North England on 10 acres in the middle of nowhere. It’s near a town called York, or 10 miles from York. It’s near the hills. I live there on an old farmhouse with a straw roof built 400 years ago. I’m there seven months of the year.

(Note: This photo is not the farm residence of this British entertainment entrepreneur, but that of another north England place in the rural area too)



Wow! Of course, you must have Internet there, cable TV and maybe some cattle or crops?

(Laughs) Yes, I do have Internet, but I don’t want cable TV, I have no time for TV. There are no crops or cattle where I live, just lots of grass and two fiberglass cows to remind me of my childhood (laughs).

* * *

Thanks for all your letters! E-mail willsoonflourish@gmail.com or follow WilsonLeeFlores on Twitter and "like" the Wilson Lee Flores page in Facebook.