Chen Tianqiao
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Chen Tianqiao
Chen Tianqiao (); born 1973) is a Chinese businessman and philanthropist. (published 01-25-20) (published 12-21-20) (published 05-23-20) His wealth is estimated at US$4 billion. Chen moved from Shanghai to Singapore in 2009 and then to the Bay Area, California in 2017. (published 11-02-2017) He co-founded the Tianqiao and Chrissy Chen Institute in 2016. Early life and education Chen was born in 1973 in a city in the Zhejiang Province, China. With his father working as an engineer and his mother teaching middle school English, Chen and his younger brother Danian grew up near Shanghai. In 1993 He earned a bachelor's degree in economics from Fudan University. Career Chen joined the state-run property developer Shanghai Lujiazui Group in 1994, holding management positions in the public relations office and also secretary of the chairman. In 1998 he became vice director of the office of the president of Kinghing Trust & Investment. Chen resigned from this role in 1999. He started ...
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Chen (surname)
Chen () () is a common Chinese-language surname and one of the most common surnames in Asia. It is the most common surname in Taiwan (2010) and Singapore (2000). Chen is also the most common family name in Guangdong, Zhejiang, Fujian, Macau, and Hong Kong. It is the most common surname in Xiamen, the ancestral hometown of many overseas Hoklo. Chen was listed 10th in the ''Hundred Family Surnames'' poem, in the verse 馮陳褚衛 (Feng Chen Chu Wei). In Cantonese, it is usually romanized as Chan (as in Jackie Chan), most widely used by those from Hong Kong. Chan is also widely used in Macao and Malaysia. It is also sometimes spelled Chun. In many Southern Min dialects (including dialects of Hainan, Fujian, and Taiwan), the name is pronounced Tan, while in Teochew, it is pronounced Tang. In Hakka and Taishanese, the name is spelled Chin. In Wu it is pronounced Zen or Tchen. In Vietnam, this surname is written as Trần (in Quốc Ngữ) and is 2nd most common. In Thailand, t ...
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Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also ...
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Sotheby's
Sotheby's () is a British-founded American multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK. Sotheby's was established on 11 March 1744 in London by Samuel Baker, a bookseller. In 1767 the firm became Baker & Leigh, after George Leigh became a partner, and was renamed to Leigh and Sotheby in 1778 after Baker's death when Leigh's nephew, John Sotheby, inherited Leigh's share. Other former names include: Leigh, Sotheby and Wilkinson; Sotheby, Wilkinson and Hodge (1864–1924); Sotheby and Company (1924–83); Mssrs Sotheby; Sotheby & Wilkinson; Sotheby Mak van Waay; and Sotheby's & Co. The American holding company was initially incorporated in August 1983 in Michigan as Sotheby's Holdings, Inc. In June 2006, it was reincorporated in the State of Delaware and was renamed Sotheby's. In Ju ...
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North America
North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Caribbean Sea, and to the west and south by the Pacific Ocean. Because it is on the North American Plate, North American Tectonic Plate, Greenland is included as a part of North America geographically. North America covers an area of about , about 16.5% of Earth's land area and about 4.8% of its total surface. North America is the third-largest continent by area, following Asia and Africa, and the list of continents and continental subregions by population, fourth by population after Asia, Africa, and Europe. In 2013, its population was estimated at nearly 579 million people in List of sovereign states and dependent territories in North America, 23 independent states, or about 7.5% of the world's population. In Americas (terminology)#Human ge ...
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Community Health Systems
Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021. In August 2015, the company announced plans to spin off 38 hospitals and its management and consulting subsidiary, Quorum Health Resources, into a new publicly traded company called Quorum Health Corporation. The company completed the spinoff of Quorum Health Corporation on April 29, 2016. Quorum owns or leases hospitals across 16 states, primarily in cities or counties with populations of 50,000 or less. In April 2020 Quorum declared bankruptcy and is no longer trading on the NYSE. On October 3, 2016, CHS was removed from the S&P Midcap 400 and added to the S&P Smallcap 600. Under CEO Wayne T. Smith, the company's stock has lost over 76% of its value since the year 2000. C ...
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Lending Club
LendingClub is a financial services company headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. At its height, LendingClub was the world's largest peer-to-peer lending platform. The company reported that $15.98 billion in loans had been originated through its platform up to December 31, 2015. LendingClub enabled borrowers to create unsecured personal loans between $1,000 and $40,000. The standard loan period was three years. Investors were able to search and browse the loan listings on LendingClub website and select loans that they wanted to invest in based on the information supplied about the borrower, amount of loan, loan grade, and loan purpose. Investors made money from the interest on these loans. LendingClub made money by charging borrowers an origination fee and investors a service fee. LendingClub al ...
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Legg Mason
Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020. As of December 31, 2019, the company had $730.8 billion in assets under management, including $161.2 billion in equity assets, $420.2 billion in fixed income assets, $74.3 billion in alternative assets, and $75.1 billion in liquidity assets. History In 1899, George Mackubin & Co., predecessor to Legg & Co., was founded in Baltimore, Maryland. It got its start selling stocks out of a back office in the Baltimore Stock Exchange in 1899. In 1970, it had offices in San Francisco, New York, as well as several in Maryland, with over 400 employees. It was best known for its expertise in the life and casualty insurance industry. In 1949, after the departure of Mackubin, John C. Legg, Jr. named the company after himself. In 1962, Mason & Co., a stockbrokerage, was founded by Raymond A. “Chip” Mason in N ...
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Majority Shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of share (finance), shares of the share capital of a public company, public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of a shareholder on the business is determined by the shareholding percentage owned. Shareholders of a corporation are legally separate from the corporation itself. They are generally not liable for the corporation's debts, ...
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MIT Technology Review
''MIT Technology Review'' is a bimonthly magazine wholly owned by the Massachusetts Institute of Technology, and editorially independent of the university. It was founded in 1899 as ''The Technology Review'', and was re-launched without "The" in its name on April 23, 1998 under then publisher R. Bruce Journey. In September 2005, it was changed, under its then editor-in-chief and publisher, Jason Pontin, to a form resembling the historical magazine. Before the 1998 re-launch, the editor stated that "nothing will be left of the old magazine except the name." It was therefore necessary to distinguish between the modern and the historical ''Technology Review''. The historical magazine had been published by the MIT Alumni Association, was more closely aligned with the interests of MIT alumni, and had a more intellectual tone and much smaller public circulation. The magazine, billed from 1998 to 2005 as "MIT's Magazine of Innovation," and from 2005 onwards as simply "published by MIT", ...
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TR100
The Innovators Under 35 is a peer-reviewed annual award and listicle published by ''MIT Technology Review'' magazine, naming the world's top 35 innovators under the age of 35. at ''Technology Review'' with lists of winners at technologyreview.com Background The subcategories for the awards change from year to year, but generally focus on biomedicine, computing, communications, business, energy, materials, and the web. Nominations are sent from around the world and evaluated by a panel of expert judges. In some years, an Innovator of the Year or a Humanitarian of the Year is also named from among the winners. The purpose of the award is to honor "Exceptionally talented young innovators whose work has the greatest potential to transform the world." History The award was started in 1999 as the TR100, with 100 winners, but was changed to TR35 (35 winners) starting in 2005. The awards are presented to the winners at the annual Emtech conference on emerging technologies, held in ...
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Moneyweek
''MoneyWeek'' is a British weekly investment magazine that covers financial and economic news and provides commentary and analysis across the UK and global markets. ''MoneyWeek'' is edited in London. It is owned by MoneyWeek Limited, which is now a subsidiary of Future plc, then-parent company Dennis Publishing owned it once before, prior to 2002. From July to December 2015, the magazine had an Audit Bureau of Circulations (ABC) certified circulation of 45,540 (99.0% of which was in the UK and Ireland). History ''MoneyWeek'', founded by Jolyon Connell, was launched in November 2000 and originally published in association with Dennis Publishing. It was designed as a financial version of ''The Week'' magazine, which was founded by Jolyon Connell five years previously. ''MoneyWeek'' was sold by Dennis Publishing to Financial News Ltd. in August 2002. In late 2003, it was bought by U.S. financial publisher, Agora Inc. headed by Bill Bonner, who contributed a weekly column in the ...
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China Central Television
China Central Television (CCTV) is a Chinese state- and political party-owned broadcaster controlled by the Chinese Communist Party (CCP). Its 50 different channels broadcast a variety of programing to more than one billion viewers in six languages. However, news reporting about topics sensitive to the CCP is distorted and often used as a weapon against the party's perceived enemies, according to Freedom House and other media commentators. CCTV is operated by the National Radio and Television Administration which reports directly to the CCP's Central Propaganda Department. CCTV was established on 1 May 1958 as a state-owned propaganda outlet. CCTV has a variety of functions, such as news communication, social education, culture, and entertainment information services. As a state television station it is responsible to both the Central Committee of the Chinese Communist Party and the State Council. It is a central player in the Chinese government's propaganda network. Hist ...
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