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Wonder woman Katy Perry is featured on the cover of FORBES’ first global Celebrity 100 list. She may not be number one on the list, but she was the top earning performer of the year, bringing in $135 million. Also included in this issue is America’s 200 Richest Families, including the Rockefellers, the Hearsts, the Waltons and many more, with 33 newbies to the list.
AMERICA’S POP EXPORT
FACT & COMMENT- Steve Forbes
The constitution: Does it matter anymore?
THE WEALTHIEST NEIGHBORHOOD ON EARTH
Ritzy communities worldwide have nothing on the splendor of Hong Kong’s spectacular, highly coveted Deep Water Bay.
RICHEST BY STATE: ALASKA
A money manager makes moola amid the majesty of the Last Frontier. Plus: A Miami developer is America’s newest billionaire.
PICK YOUR PLUTOCRATIC CLAN
Can’t choose your family, they say? The heck you can’t. Find out which wealthy group of relatives is right for you.
BUSINESS LIBRARY: NEW ECONOMICS CLASSICS
The finest econ books of the last decade. Plus: Most caddies earn little, but those on the bag at the top of the PGA tour make serious green.
FAREWELL TOAST: KIRK KERKORIAN
The legendary dealmaker’s longtime Vegas sparring partner, Phil Ruffin, remembers his old compatriot. Plus: young space cadets.
Is Jessica Alba’s business empire the second coming of Paul Newman, or is she preying on consumer insecurity? Readers have their say.
INNOVATION RULES- Rich Karlgaard
Team geniuses-jerks or angels?
CURRENT EVENTS- David Malpass
New course for the Federal Reserve.
STRIP AND HOLD- Daniel Fisher
Ligand CEO Jon Higgins was brought in by raider Dan Loeb to slash costs at a bloated biotech firm. Seven years later he’s still there, running a lean, mean cash machine.
THE PEOPLE’S MICROWAVE- Joann Muller
Can the wisdom of crowds design a better fridge or stove? GE Appliances thinks so.
THE APP WHISPERERS- Alex Konrad
A startup called Docker cornered a new technology that bundles code and files so that apps can run on any server, a breakthrough that has experts comparing it to VMware. Two years ago it almost went bust.
FROM FARM TO DOG BOWL- Brian Solomon
Lucy Postins and The Honest Kitchen are proving there’s almost no limit to what Americans will do and spend for their pets.
THE LIONESS OF BRAZIL- Kenneth Rapoza
For investors Brazil has gone from boom times to basket case. One of its savviest financiers, Fernanda de Lima, thinks a real comeback is in the making.
LAND RUSH- Stephanie Fitch
Wild, Wild West. You could get rich, or enter the wrong saloon and lose your shirt.
PORTFOLIO STRATEGY- Ken Fisher
Bet on the bulls, not the sheep.
INTRINSIC VALUE- John Buckingham
Skate to where the players have departed.
THE CONTRARIAN- David Dreman
Where is this market going?
THE INTERNET VERSUS THE GREAT CALIFORNIA DROUGHT- Aaron Tilley
Measuring the West’s water crisis is the first step to managing it.
BrandVoice with SEAGATE
Pinning Down the Cloud
CUBA’S TECH REVOLUTIONARIES- Miguel Helft
There’s virtually no Internet access in Cuba, but that isn’t stopping a generation of young entrepreneurs from creating a digital future for their country-today.
GUESS WHAT WENT WRONG?- Abram Brown
The Marciano brothers made Guess the sexiest name in jeans and made themselves a $2.7 billion fortune at its peak. Today the family and business are in tatters.
BILLION-DOLLAR BLOODLINES- Edited by Kerry A. Dolan and Luisa Kroll
Forget that saying that fortunes die by the third generation. FORBES’ list of America’s 200 Richest Families (minimum net worth: $1.2 billion) shows many with roots going back to the 19th century.
COMISAR KNOWS BEST- Abram Brown
He can belly up to the original Cheers bar and owns a galaxy of Star Trek costumes. Now James Comisar wants to boldly go build a museum for his $100 million collection of TV memorabilia.