Does money buy happiness? Is there any correlation between having more money and being content with the way your life is going?
The “who is the richest poor person in the world” is a question that has been asked for years. The answer to this question depends on how you define “rich”. If you are talking about billionaires, then it would be Bill Gates, but if you are talking about Zillionaires, then it would be Jeff Bezos.
Do you want to win $100,000? I believe you are too late for this one, at least for this year, but keep this in mind, especially if you live in the Pacific Northwest. On his Startup Thinking blog, Christopher Griffin writes on the Zino Zillionaire event:
Gogomo, a shopping widget/service that allows consumers to click on an ad and purchase the advertised products without leaving the site they are on (rather than jumping off the site to Amazon or elsewhere), was named the technology winner. It is similar in several ways to Adgregate Markets, which presented at last week’s TechCrunch50 in San Francisco. In the non-technology category, the winner was CHERRish Corp., the maker of a cherry-based nutritious beverage with anti-inflammatory qualities, which is comparable in many respects to POM Wonderful’s pomegranate-based products. Each business will get a $50,000 investment, with CHERRish receiving an additional $50,000 for best of show, bringing the total prize pool to $150,000.
I’m ecstatic about the growth of business plan or venture contests, which began in 1984 with the University of Texas’ Moot Corp competition and now number in the hundreds. Next month in New York, I’ll be one of the judges at the Forbes.com $100K contest. This one, on the other hand, seems to be strikingly distinct from the others. To begin with, most (save the Forbes.com one) are hosted by graduate business schools. Take a look at how Griffin explains it:
Zino is a unique combination of a social circle centered on wine and an investing forum. I know it seems strange, but it appears to work–the businesses they financed last year (END/outdoor and Healionics) reported today on a year of strong growth, completed agreements, and new products. I have to admit, the atmosphere was also very enjoyable.
And as I was finishing up on those six-figure competitions, I received an e-mail yesterday about a $1,000 reward contest with a lot lower prize pool and a far simpler submission process for the greatest business concept. As part of the marketing for his new book, 1,000 Dollars and an Idea, Sam Wyly, a millionaire entrepreneur, has made this offer.
For that one, go to the website and fill out the form with your name, contact information, and a brief description of your concept. You type it in on the Internet right there. You have till Halloween to complete the task. I wish you luck with it.
The “what comes before millionaire” is a question that has been asked for decades. The answer is not as easy as it sounds.
- how many billionaires in the world
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- who is the poorest person in the world