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Search Results 0 to 49 of about 198 (some duplicates have been removed)
Bloomberg
Mar 29, 2015 9:00am EDT
destination that every cruising company is ready to court. how big is china going to be? arnold: it will eventually be the largest cruise market in the world. ♪ betty: the cruising industry has built its success in the west, but halfway around the world, there is another market on the horizon they could change the game completely. richard: the demographic shift in china and the growth of the middle class is one of the biggest single demographic explosions in history, one of the big demographic shifts we have gone through has been the baby boomer generation. it has been an enormous and that bubble has dictated a lot of american industry. what's happening in china today makes that look insignificant. betty: royal caribbean ceo richard fain says that in a few years, the middle class in china will not only be bigger than the middle class in america, but bigger than america. consumer spending in china is expected to increase of about 7% every year. by 2020, the total could be $5.7 trillion. remember the quantum of the seas, the ship with every bell and whistle you can think of? it is settin
Bloomberg
Jul 8, 2014 9:30pm EDT
-class compared to las vegas. macau has taken off. >> the next generation of people from china have become more affluent. and pansys lawrence ho have become -- they have a combined net worth of $7 million. -- billion. for the last decade, they have met stiff composition -- comp petition. nothey predicted i would even open. they did not believe somebody else could do this. >> they underestimated. >> they grossly underestimated. >> sheldon adelson has a net worth of $35 billion. much of that wealth made on his macau casinos. billionaire against billionaire. divine for the attention of the 1.3 billion chinese to the north. macau is an 11 square mile on five on the southern coast of mainland china. underur centuries, it was portuguese rule. is the closest place to china where it gambling is legal. was the stanley ho first person to usher in a new era of casinos in macau. he paved the way for other investors to make it big in macau. today, one of those investors is his son, lawrence ho. they father revolutionized casino market 40 years ago in macau. he brought in a new style. throughout
Bloomberg
Oct 19, 2014 1:30pm EDT
the next generation of people from china have become more affluent. >> siblings lawrence and pansy ho have become leaders in the industry thanks to their father, stanley ho. the siblings have a combined net worth of $7 billion. for the last decade, they have met stiff competition. >> they predicted i would not even open. they did not believe somebody else could do something better than they could. >> they underestimated you. >> they grossly underestimated me. >> sheldon adelson has a net worth of $35 billion. much of that wealth made on his macau casinos. the race for macau pits billionaire against billionaire. all vying for the attention of the 1.3 billion chinese to the north. macau is an 11-square mile enclave on the southern coast of mainland china. for over four centuries, it was under portuguese rule. today it is the closest place to china where gambling is legal. in 1962, chinese businessman stanley ho was the first person to usher in a new era of casinos in macau. it raked in billions. he paved the way for other investors to make it big in macau. today, one of those investors
Bloomberg
Aug 23, 2014 10:00am EDT
generation of people from china. >> these siblings have become leaders in the macau industry. brother and sister have a combined net worth of $7 billion. for the last decade, they have met stiff competition. from a las vegas billionaire known for betting against the odds. >> they vastly predicted. they did not want to believe that someone else could do it better than they could. they grossly underestimated. >> sheldon adelson is chairman and ceo of las vegas sands with $35 billion net worth. much of that wealth was made on his macau casinos. they are vying for the attention of the 1.3 billion chinese to the north. macau is 11 squelch mile -- square-mile enclave on the mainland of china but it was under portuguese rule for four centuries and today it is the closest place to china where gambling is legal. in 1962, chinese businessmen stanley ho was the first to usher in a new era of casinos in macau. for decades, he built the gambling empire that raked in billions. he paves the way for other investors to make it big in macau. today, one of those investors is stanley ho's son, lawrence.
Bloomberg
Aug 17, 2014 1:00pm EDT
generation of people in china who have become more affluent. >> the siblings have become leaders in the macau casino industry. things to their father, stanley ho. the brother and sister have a combined net worth of $7 billion. for the last decade, they have met some stiff competition from the las vegas billionaire known for constantly betting against the odds. >> they vastly predicted i would not even open. they did not want to believe -- theyebody else could grossly underestimated me. over has a net worth of $35 billion. much of that wealth made on the macau casinos. the race for macau pits billion or against billionaire, all of whom are vying for the attention of the .3 billion chinese to the north. macau is an 11 square-mile enclave on the southern coast of mainland china. for four centuries, it was an portuguese rule. -- under portuguese rule. in 1962, chinese businessmen stanley ho was the first to usher in a new era of casinos in mcau. -- macau. for decades ho built a gambling empire. today, one of those investors is stanley ho's son. father revolutionize the casino markets 40
Bloomberg
Jul 18, 2015 7:30am EDT
great platform, where delivering a new product. >> what is the salesforce strategy to get into china? >> they are a super important market. we work closely with customers there. we have to work very closely with the government. all of come together to create something in china. >> the nsa revelations, i wonder how much that impact your business, because you have sensitive data. will you have to have one in every important country? >> yes, but for another reason heard as the cloud is going mainstream, every president of every country want to have their own cloud. angela merkel wants the german cloud. francois hollande wants the french cloud. abe wants the japan cloud. >> they want a cloud maker. >> they should have one. they should have their own clouds. every important country in the world will have their own clouds. they will all interoperate, or they can have their own local versions. that is my job. >> how does that work for me security and privacy perspective? >> for me security and privacy perspective, we use the best practices in the industry. i will say something that you alre
Bloomberg
Feb 21, 2015 8:00am EST
get market goods somewhere in china, bring it back and put their name on, and that is all right, too. are a lot of people you can see on qvc on a regular basis good. it is a quick way to capitalize on their recognition factor. athel and i and everyone this table will agree that is a fast and easy way to get money, and very appealing. i have turned down a lot of things. proposals --ds of they want us to get into the commercial olive oil business camera and --, and mediocre spaghetti business. necessarily a bad idea if you don't mind that you looks kind of bad in the long run. you have to make sure everything your brand has is high quality. >> younger people come to me fortifies, regarding opportunities, you are in a great position, thing will shape you buy the things that you say no to instead of what you say night -- yes two. it might not be the brand to -- for you. say no to things all day long, whether it's different grills, tons of food products, restaurant chains. to check your debt. your gut knows immediately if it doesn't seem right and you have to walk away from it. >> if i us
Bloomberg
Jan 19, 2014 10:00am EST
china, and they will bring them back and put their name on them and that is all right. >> who are you talking about when you say that? >> there's a lot of people out there that you can see on qvc. if they are selling $110 collections of pots, they are doing it because it is a quick way to capitalize on their recognition factor. that is a fast and easy way to get money and very appealing. i have turned down a lot of things. >> give us an example. >> people want us to get into the wine business, the balsamic vinegar business, and commercial olive oil. into the mediocre spaghetti business. all sorts of things you could put your name on that are not necessarily a bad idea if you do not mind that you do not look so good in the long run. you have to make sure that everything has the high quality that you assume it has got to be, and you have to make those decisions on a daily basis. >> younger people are coming to me for advice when they are just getting to that point where they have opportunities. you are in a great position and there will be lots of opportunities. the things that will
Search Results 0 to 49 of about 198 (some duplicates have been removed)