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Showing posts with label black billionaire. Show all posts
Showing posts with label black billionaire. Show all posts

Wednesday, April 29, 2009

ok here we go

So i was told that i don't reveal enough of myself in my blog so i aim to rectify that situation. don't know what to say except what i feel and know and less of what i agree with other people say and do! Ok?
Just was involved on blogtalk radio with my boy NYOIL on his show BUILD SESSIONS
and the topic was Asher Roth and his apparent need to talk about shit he has no creedence to. He apparently made a statement admonishing Black and African rappers talking about how much money they have and wanted to know if they knew what was going on in africa? What the fuck is this white boy talking about? Is he purposely starting something/ what has he done? what does he know? does he give money or time? I'm not really sure what he hopes to gain other than the thrill of having people have blogs and discussions about his nonsensical ramblings! how dare you even say anything condescending to anyone about what their social or conscience stand is?!

I have an issue with the name strait from the gate
asher roth= asteroth/astarte

He/She is referred to in The Lesser Key of Solomon as a very powerful demon. In art, in the Dictionnaire Infernal, Astaroth is depicted as a nude man with dragon-like wings, hands and feet, a second pair of feathered wings after the main, wearing a crown, holding a serpent in one hand, and riding a wolf or dog. Upon closer examination, however, it can be seen in the image (right) that the dragon-like wings actually belong to the dragon. According to Sebastien Michaelis he is a demon of the First Hierarchy, who seduces by means of laziness, vanity, and rationalized philosophies. His adversary is St. Bartholomew, who can protect against him for he has resisted Astaroth's temptations. To others, he teaches mathematical sciences and handicrafts, can make men invisible and lead them to hidden treasures, and answers every question formulated to him. He was also said to give to mortal beings the power over serpents.

According to Francis Barrett, Astaroth is the prince of accusers and inquisitors. According to some demonologists of the 16th century, August is the month during which this demon's attacks against man are stronger. He also goes by the name ‘Ashtart/Astarte which was rendered in the Latin Vulgate translation of the Bible as Astharthe (singular) and Astharoth (plural), that last form rendered in the King James Version of the Bible as Ashtaroth. It seems this plural form was taken either from the Latin or from some translation or other by those who did not know it was a plural form.

According to Lon Milo DuQuette and Christopher S. Hyatt, Astaroth is "a thinly disguised version of the goddess Astarte...."[1]

Jeff Rovin's The Fantasy Encyclopedia (1979) depicted Astaroth with a likeness fitting the description of Baal, including a newly-created illustration, and this error has been repeated in other places, such as with Monster in My Pocket, in which a spidery, 3-headed Astaroth is #102

Friday, March 6, 2009

Get to know the world



Patrice Motsepe
Chairman of the Board/Director
Harmony Gold Mining Company Limited

The World's Richest People
The Prince of Mines
Susan Adams 02.28.08, 6:00 PM ET
Forbes Magazine dated March 24, 2008

Patrice Motsepe entered the mining business when South Africa ended apartheid. Today the onetime lawyer and avowed capitalist is the country's first black billionaire.

On a brilliantly sunny Thursday in January, Patrice Motsepe, a vigorous 46-year-old with regal posture, is striding through a gleaming shopping mall on the Cape Town waterfront. Suddenly a crowd forms. A half-dozen employees from the Build-A-Bear Workshop ask for his autograph. Two giggling young women roll up their sleeves as Motsepe signs their arms with a black marker, smiling while admirers snap photos with cell phones. An older woman approaches Motsepe and nearly swoons, grasping his arm and laying her head on his chest as he pats her back and murmurs thank you in Xhosa, one of the six African languages he speaks.

All this is not for a movie star or entertainer but for South Africa's first black billionaire. Over 15 years Motsepe, preaching free market capitalism, turned a low-level mining services business into the country's first black-owned mining company, African Rainbow Minerals, with 2007 revenue of $875 million. Driven by the Asian commodities boom, ARM's share price has rocketed in the past year from $12 to $24, pushing the value of Motsepe's net worth to $2.4 billion. Motsepe, a lawyer by training, serves as ARM's executive chairman, with a 42% stake in the company. He also owns a 5.5% stake worth $295 million in Sanlam, a publicly traded financial services company outside Cape Town.

By billionaire standards Motsepe has a modest lifestyle. His three sons attend prestigious private schools, but he has only one home, in the affluent Johannesburg suburb of Bryanston, and no yacht or plane. His one indulgence is to own the Mamelodi Sundowns, a soccer team. It doesn't tarnish his star quality that he's married to one of South Africa's most glamorous women, a medical doctor turned fashion impresario.

But for all the adulation, in South Africa such success comes with a price: being labeled an oligarch. Even many blacks have complained that the country's 1994 transformation from apartheid to democracy has benefited only the elite few. The criticism stems from laws that require substantial black ownership in certain industries, including mining. A handful of politically connected individuals have grown enormously wealthy as a result. One of Motsepe's sisters, Bridgette Radebe, who's married to transport minister Jeffrey Radebe, heads a mining company and is said to be among the wealthiest black women in the country. "It's called crony capitalism," says Moeletsi Mbeki, 62, brother of South Africa's president and an outspoken critic of the race-preference laws. "It's an anticompetitive system."

Motsepe concedes he benefited from the system yet says that his success was no handout, as he began building his mining business before the laws started taking effect in 2005. He says, "The legislation came way after we did our deals."

Motsepe and his family were in a better position than most to take advantage of the end of apartheid. Born in the sprawling black township of Soweto (next to Johannesburg), where his mother had grown up, Motsepe is a member of a royal clan within the Tswana tribe. He is, in fact, a prince.

Motsepe's father, Augustine Motsepe, was a critic of the apartheid regime. Before his son Patrice was born, Augustine was banished by the government to Hammanskraal, a rural area north of Pretoria where the government thought he could do less damage (he named his son after Patrice Lumumba, head of the Republic of the Congo and one of the first black African postcolonial leaders). There he opened a grocery store and then a beer hall and restaurant. "People don't know that there were very successful black businessmen in the years of apartheid," says Motsepe.

Though one of Patrice's maternal great-grandfathers came from Scotland, the old government classified the Motsepes as African. The family had to pull strings to get their seven children admitted to an Afrikaans-language Catholic boarding school that was officially designated for so-called "coloreds," South Africans of mixed race. From age 6, Motsepe spent school holidays working behind the counter in his father's store, where he says he learned his earliest lessons about business. "Whenever my father made a profit, he always plowed it back into the store," Motsepe recalls.

He graduated from the University of Swaziland and then became one of the few black law graduates of the University of the Witwatersrand in Johannesburg, designated whites-only by the apartheid government (Motsepe had to apply for an exemption to attend). In 1988 he joined Bowman Gilfillan, one of South Africa's largest corporate law firms, and in 1993 he became the firm's first black partner. Energetic and affable, Motsepe never wore his race on his sleeve, says Bowman partner and longtime Motsepe lawyer and confidant Neil Rissik.

Indeed, ask Motsepe about what it was like to grow up as a black man under the violent, racist apartheid regime and he responds with bromides. "The apartheid system was very bad for our people, very bad," he says blandly, switching quickly to the positive. "Only in South Africa could you have a change in government without civil war. If there wasn't the depth of love and caring among our people, this would not have happened."

Thursday, March 5, 2009

The Pain of a Post...Can you feel me?


The pain of a post can hurt the most when the words just don't come out right
If  you feel it when you postin 
then you movin not just coastin 
then you're doing it 
and not just fuckin boastin!!

Jealousy is the tribute that mediocrity pays to genius..


A little saying I came across that I thought was interesting enough to be my inaugural blog.
They'll be more to come whether anyone is reading or not....It's my personal therapy
keeps the demons away!!! A little