Friday, June 01, 2012

Turkey's Got Talent

Turkey's Got Talent

By Nick Slepko - June 1, 2012

Nick is a member of The Motley Fool Blog Network -- entries represent the personal opinions of our bloggers and are not formally edited.

Turkey has increased its billionaires by 50% in the same time it has taken Warren Buffett to raise a similar amount in corporate welfare from US taxpayers. Despite the last several years of global financial angst, Istanbul is currently home to 38 billionaires (ranked seventh worldwide), none of whom are anchored to the oil curse like the majority of their neighboring billionaires, nor are they slaves to the yo-yo cash flow of the revolving tech crowd back in the US (who seem to be so bereft of ideas that they are investing billions in a Russian high school year book scam).

More:Turkey's Got Talent - KO, TKC, TUR, TKF, WU - Foolish Blogging Network