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Billionares

Get $ 1 Million to solve a maths puzzle

June 6, 2013 by Reporter Leave a Comment

A billionaire Dallas banker will give out  USD 1 million  as prize to anybody who can solve a mathematical problem that has baffled geniuses for years.

theorem prize  1 million

1 million prize for solving Beal conjecture  theorem

The American Mathematical Society (AMS) in Rhode Island has announced that the prize for the solution to the Beal Conjecture, a number theory problem, has been changed AND increased to USD 1 million.

The  Beal conjecture :

http://www.bealconjecture.com/

The conjecture is named for D Andrew ‘Andy’ Beal, (the Dallas banker) who has a strong interest maths and who provided the funds for the Beal Prize and is looking forward  to solution to his number theory.

The prize will be given

For a proof of solution

or a counterexample to, the Beal Conjecture.

An other previous maths  theorem that baffled geniuses “Fermat’s Last Theorem theorem” was proved in the 1990s by Andrew Wiles, together with Richard Taylor.

A  prize (USD 1,00,000.)for a solution to the Beal Conjecture was announced in 1997. To date, no correct solution to the problem has been found.

Andrew Beal Math Problem

The famous  Poincare Conjecture, was solved by Russian mathematician Grigori Perelman in works he made public in 2003 and he went on to turn down the monetary prize.

 

To earn this 1 Million Beal Prize

A  proposed solution must be published in a refereed mathematics publication which is respected and, in the opinion of the prize committee (selected by the AMS), maintains the highest editorial standards.

Filed Under: 2013, Billion, Billionares, Millionaire, World Tagged With: 1 million, Prize, Theorem

Peek at the Gina Rhinehart video

September 5, 2012 by Reporter 1 Comment

Make of this  video what you like, but it definitely it raises many questions.

PM Julia Gillard have personally criticised Gina Rinehart, the world’s richest woman, after Gina Rhinehart said Australia is too expensive for companies to do business and made comments about african cheap labour and compared it to Australia.

Filed Under: 2012, Billionares, Mining, Perth WA Tagged With: Gina Rhinehart, Mining oil and gas

Australia’s Billion dollar club gets richer

May 26, 2011 by Reporter 3 Comments

Australia’s richest billionaire’s have just been announced  and they are quite a few familiar faces on the list, in fact  most on the rich list have not changed  but they just got richer.  The members of the BRW 200 rich list total wealth increased 23% to $167.25 billion, a rise of $31.41 billion.

“Gina Rinehart” From WA has become the first woman in 28 years to top the “BRW rich list 2011”, with the iron ore magnate’s fortune doubling over the past year to $10.3 billion and Glencore chief executive “Ivan Glasenberg” has taken second place.

Worlds Top Billionaires 2011

Mexican Telco tycoon Carlos Slim tops the list of the world top billionaires , with estimated worth of $US53.3 billion ($58.3 billion), with Microsoft founder Bill Gates inching behind him.

Australia’s Top Billionaires 2011

1. Gina Rinehart ( Hancock prospecting –mining & resources)

Mrs Rinehart has inherited some of her wealth from her legendary father, Lang Hancock, but she has succeeded in building “Hancock Prospecting” into a major iron ore producer in Western Australia and also plans in coal rojects in Queensland.

2. Ivan Glasenberg (Glencore – Commodities trader)

The South African-born, Swiss-based chief executive of newly-listed commodities trader Glencore made a stunning debut with $8.8 billion and a listing of his company

3.  Andrew ( twiggy) Forrest ( Fortescue Metals Group- Iron Ore Mining)

Mr. Andrew Forrest  from Perth WA has also become richer, thanks to soaring iron ore prices fuelled by Chinese demand.

4. Anthony Pratt ( Manufacturing)

Anthony Pratt is Chairman and CEO of Pratt Industries and Group Deputy Chairman of Visy Industries, the world’s largest privately-owned paper and packaging company. He is the son of the late Richard Pratt, and tone of the rising wealthy persons list  in Australia according to the BRW Rich 200 list 2010.

5. Clive Palmer ( Mining – Resources)

Mr Palmer made his fortune by selling iron ore interests in Western Australia to Chinese.  His company has secured access to 160 billion tonnes of iron ore reserves in the Pilbara Ranges, in remote Western Australia.

6. Frank Lowy ( Property )

Shopping centre mogul “Frank Lowy” had made his fortune becoming the co-founder of the Westfield shopping centre’s which are spread over Australia, New Zealand and other countries.

James packer also increased his  wealth to finish eight and Mining magnate Nathan Tinkler was the youngest member of the list at 35, with a $1.01 billion fortune

Interestingly  the Forbes Billionaires list for Australia  differs a little bit from the BRW rich list  with it listing the No 1 as Gina Rinehart, and then Andrew Forrest , Frank Lowy And Family,  James Packer and Harry Triguboff in the 2nd , third and fourth position respectively. Check out the Forbes list here

Western Australia’s billionaires

In Western Australia the rich mining state , Billionaires Ms Rinehart and Mr Twiggy Forrest were trailed by building and construction magnate Len Buckeridge who’s wealth came it at $2.6 billion, mining tycoons Angela Bennet and Michael Wright with $2.1 billion, and property mogul Stan Perron wealth stood at $1.8 billion

Check out  some budding entrepreneurs and last years BRW Magazines Young Rich List 2010 here

Some related links –  The Forbes rich list 2010 , World’s Youngest Billionaires ,

Technorati Tags: billion,breakaway resources,brw,fortune,mineralogy,rich,wealth,billionare,business-economics-and-finance,industry,mining,human-interest,people,australia,perth-6000

Filed Under: 2011, Australia, Billionares, Entertainment, Mining, Perth WA, Rich List Tagged With: Billionaires, BRW top rich 200, Top richlist

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