Archive for August 25th, 2006

Scott D. Dorfman, 41 – Wealth: $109.2 million

Chairman and CEO of Innotrac Corp.  www.innotrac.com/

http://atlanta.bizjournals.com/atlanta/stories/1999/09/13/focus3.html?page=13

Scott Dorfman founded Innotrac in 1984, and subsequently rode the high-tech explosion to riches. He owns 6.1 million shares, or 67.5 percent of the outstanding stock.

That holding is worth $108.6 million in the marketplace. Add to that his salary of $365,855, bonus of $250,000, and $26,218 in “other” income that he received last year.

He basically started the company at 19

Add comment August 25, 2006

Peter J. Kight, 42 – Wealth: $214.1 million

Chairman and CEO of CheckFree Corp. www.checkfree.com/ 

http://atlanta.bizjournals.com/atlanta/stories/1999/09/13/focus3.html?page=10

Peter Kight in 1991 founded the company that provides electronic commerce systems for both companies and consumers. For example, the systems allow consumers to pay bills via the Internet.

Kight’s stake in CheckFree amounted to $198 million, and his compensation last year totaled $557,813, including salary and bonus.

Add comment August 25, 2006

David G. Hanna, 34 – Wealth: $291.5 million

CEO of CompuCredit Corp.  http://www.compucredit.com/

http://atlanta.bizjournals.com/atlanta/stories/1999/09/13/focus3.html?page=7

David Hanna’s wealth is estimated on the basis of a prospectus that the company filed on April 23. The document showed he owned 13.8 million shares of the company, which sells credit cards to people whom traditional card issuers may deem too risky.

Based on a computer scoring program, CompuCredit identifies consumers who may have had credit problems in the past but who have recovered and now make reliable risks.

Hanna’s $291.5 million in estimated wealth was made on the basis that his company’s stock was selling for slightly more than $21 per share. Hanna founded the company in 1996 with the help of his brother Frank J. Hanna III, a money manager.

He basically started the company at 24

2 comments August 25, 2006

Yove heard of Craigslist but what about Angieslist

 http://www.depauw.edu/news/index.asp?id=17952

Angie’s List has recently entered the Rochester market. Hicks, an economics major at DePauw, tells the newspaper, DePauw Logo.jpg“We always wanted to be in the top 60 cities in the country, which we just finished in July. Our goal now is to continue at this pace, getting into the top 80 to 100 cities.” Future plans for the privately held company — which had $9 million in revenue last year and expects $14 million in 2006 –include establishing a presence in international markets.

 http://www.democratandchronicle.com/apps/pbcs.dll/article?AID=/20060824/BUSINESS/608240350/1001

This is a place where companies are rated on the quality of work,” said Hicks, 33, from Angie’s headquarters in Indianapolis, where she is chief marketing officer, Oesterle is chief executive and there are more than 200 staffers. “Our goal is to get information on every company in town.”

Angie’s has spread to 70 cities across the country — including Rochester, where it began doing business earlier this month.

Add comment August 25, 2006


About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .

 

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