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FYI

Two Buffetts, Warren & Jimmy, Bonded By Wealth

He’s so rich that Jimmy's done a 23andMe DNA test with Warren Buffett because in addition to sharing a last name, the mutual ability to sustain such mind-boggling wealth is so otherworldly.

Two Buffetts, Warren & Jimmy, Bonded By Wealth

By External Source

"[Jimmy] Buffett has given his fans a path to a simulacrum of the island life. In the course of it, he’s gotten very rich. How rich? According to Forbes, in 2016 Mr. Buffett, who has only had one Top 10 song ('Margaritaville' reached No. 8), was worth a reported $550 million. (Bruce Springsteen is worth a mere $460 million, according to that same list.)


He’s so rich that he’s done a 23andMe DNA test with Warren Buffett because in addition to sharing a last name, the mutual ability to sustain such mind-boggling wealth is so otherworldly that it could surely only be the result of the same extremely rare and fortunate genetic mutation.

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The test showed no biological relationship, but they stayed friends. Jimmy calls Warren 'Uncle Warren' and Warren, who has been a business mentor to Jimmy, calls him “Cousin Jimmy.” – Taffy Brodesser-Akner, Jimmy Buffett does not live the Jimmy Buffett lifestyle, The New York Times

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Executive of the Week: Reservoir Founder and CEO Golnar Khosrowshahi on the Global Future of the Music Business
Publishing

Executive of the Week: Reservoir Founder and CEO Golnar Khosrowshahi on the Global Future of the Music Business

From acquisitions to syncs, the powerhouse Iranian-Canadian exec unlocks value behind some of the world’s biggest artist catalogues, including Joni Mitchell, Miles Davis and De La Soul. Here, she discusses the strategy behind Reservoir’s billion-dollar portfolio and why the next frontier for music rights lies in the Middle East, South Asia and beyond.

The future of music is global.

As the industry expands beyond its traditional strongholds, companies are racing toward emerging markets around the world where cultural influence is growing at a rapid pace. For Golnar Khosrowshahi, the founder and CEO of Reservoir Media, that shift is the core of a long-term strategy that will move her New York-based firm into the new era.

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