Around Town | April 23, 2010 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

News - April 23, 2010

Around Town

BILLIONAIRE ON BOARD ... "I drive a Prius — that's my main car, and I'm a billionaire still," businessman and philanthropist Ted Turner told students at Stanford's Graduate School of Business Wednesday. In an unscripted Q&A covering how he went from "just about broke to just about $10 billion" (and now back to something over $1 billion), Turner quoted Shakespeare's "Richard the Third" on integrity and humility and British poet Thomas Macaulay's "Horatius at the Bridge" on courage. If he were starting out today Turner said he'd go into the clean-energy business, adding that it will be the new generation's task to rebuild the world's energy system from renewable sources. Turner said he became a fan of Stanford's Paul Ehrlich after reading "The Population Bomb" 30 years ago. His greatest regret? The failure of his three marriages. Biggest achievement? Turner Broadcasting and CNN, he said. At 71, Turner said he's having a great time working with the United Nations Association, to which he committed $1 billion more than a decade ago. The "secret of success" in business hasn't changed much over 50 years, he said: "Early to bed, early to rise, work like hell and advertise."

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