Russia's Wealth

Here is a thing to consider if you are Russian: there are 114 Russian billionaires, more than ever, despite the financial collapse (source: Financial Times). The top 10 Russians in 2010 were worth $182 billion, up 30% from '09, but still below 2007's peak of $221 billion. The resurgence from the 20% rise in the Russian stock market last year and China's growing need for raw materials. The rest of the country: nominal per capita income $10,522 (2010, IMF) and life expectancy under 60. Fortunately for Chelsea football fans there is Roman Abramovich (#4, $11.2 billion) who has spent an estimated £900 million on the club since arriving en scene in 2003.

"Nobody and nothing will stop Russia on the road to strengthening democracy and ensuring human rights and freedoms."
--Vladimir Putin

"A left turn in the fate of Russia is as necessary as it is inevitable."
--Mikhail Khodorkovsky (#1 Russia in 2004, $15 Billion, Forbes, before his arrest)

"People who know me said I will win one or two Premierships and will not be interested after that."
--Roman Abramovich

Thought Leadership

Changing the world ----->

"There has been a long endless debate about why there are so few women in thought leadership. Is it sexism? Is it socialization? Is it biology? All of those questions aren't so interesting to me. Yes, I think sexism exists and I think it has a lot to do with it. Do I think there are biological differences? Sure. Does socialization makes a huge impact? Yes, it does. But I also feel like that is a circular debate. I think there are more pro-active, more results-oriented approaches to the problem. Our answer at The OpEd Project to the circular debate is: Who cares? What if we could just increase the numbers of women submitting? If you are not submitting to the front door of public conversation -- if you are not getting your ideas out there -- then there is no chance for them to become influential and there is no chance for you to become a thought leader. Our approach looks at submissions as a starting point."

--Katie Orenstein

Coming Up

Christian sees Yuck in San Francisco; they play at Bush Hall, London W12, Friday.

T. Rex’s Secret

Eitan submits a story, limited to 200 words maximum, for a national school competition. The winning stories professionally illustrated and published. Here is the boy's lance:

T. Rex's Secret, By Eitan

THERE WAS ONCE a dinosaur named Tyson. Tyson was 6 years old and his friends looked up to him.

Tyson had a secret. He didn’t tell anyone because he thought they wouldn’t like him. He was afraid of the dark. Every night when his mum closed the door to his room he’d pull his blanket up to his chin and hugged his teddy.

One day his class went on a treasure hunt, Tyson leading.

“Have you seen any treasure around here?” Tyson asked a snake sitting on a log. “No” hissed the snake.

“Have you seen any treasure here?”Asked Tyson, to a squirrel in a tree . “No” chirped the squirrel.

Finally the class came to a cave.”This is it” said Tyson’s friend Colin. “Let’s go in” “In there?”asked Tyson. “Of course” said Colin.

Tyson walked, trembling, into the cave. This isn’t bad ,he thought. Everyone looked for the treasure . At last Tyson found the treasure!

Again everyone looked up to him . He didn’t have to worry about night time. Tyson journeyed into the dark forests and the deep caves. He was never afraid of the dark again.

Louise NY

Louise in New York for Fashion Week - no surprise there. She created the knitwear for Versace's spring/summer 2011 collection and will present her autumn/winter 2011-12 offering in the Big Apple rather than in London. Definitely coming up. She is now engaged to Izzy. Photo from Vogue.

Partay

And now nine is official.

Eitan's worst nightmare comes true: the birthday-party-movie the same time as the Manchester darby pitting Manchester United versus Manchester City. I try to find a home that will take our disconsolate lad but the usual suspects not around. In the end, Eitan manoeuvres "delayed viewing" on the set-top box which enables him to watch the game .. delayed. What young people can do with wirefuls nowadays. As for our birthday gal and par for the course, eight boys and Molly who, I tell her, "is very brave." The kids play "It" and their screeches attract neighbor Martin who notes wistfully over the fence "It used to be like this all the time around here." And: "When I was a boy . . ." Martin recalls being evacuated during the London bombings.

Farewell To The Fairground

Sonnet and I see the "White Lies" at Sheps Bush last night. We muscle our way to the front stage and the closest I have been to the band (the show sold out and a wall of energy behind us yet strangely not there). Their second album released this month but it is the first I recognise with songs: "Death", "To Lose My Life," and "Farewell To The Fairground," sung with joy. The band from Ealing, London, and the audience young Brit hoppers. They know the words to every song. My ears still ringing.

Egypt

Madeleine's 9th birthday party today and we prepare ourselves for an afternoon of 10 kids, the movies (Gnomeo & Juliette in 3D, groan), pizza and an overnight. Our gal excited.

Hosni Mubarek steps down as President of Egypt after 18 days of mass demonstrations.

High Fashion And Dog Hair

Me: "Madeleine please remove the dog hair from your jumper and trousers before leaving for school."

Madeleine: "But any kid with a dog has dog hair on them."

Me: "Not in this house. Besides, it is not respectful to your teacher."

Madeleine: "That is so unfair! All the other kids can have dog hair on them but not me."

Me: "Sorry, those are the rules."

Madeleine: "You just never understand, do you Dad!?"

Viktor & Rolf

Sonnet and I visit Musée de La Mode et du Textile, which is a wonderful museum inside the Louvre (She gave a lecture at Les Arts Decoratifs at the Institut National du Patrimoine at the Louvre in 2009). The exhibitions include various famous designers like Viktor & Rolf, pictured, augmented by video display of their costumes on the catwalk. I find the image one of the creepiest I have taken. V&R's work strongly influenced by The Eyes of Laura Mars.

Viktor Horsting (1969) & Rolf Snoeren (1969) met at the Arnhem Academy of Art and Design in The Netherlands. They began working together after graduation, relocating to Paris in 1993 to launch their careers. Their first collection 'Hyères' (1993) based on distortion, reconstruction and layering won three prizes at the Salon Europeen des Jeunes Stylistes at the Festival International de Mode et de Photographie. The subsequent presentation of four collections in experimental art spaces led them in 1998 to show their first Haute Couture collection (Spring/Summer 1998).

Viktor & Rolf returned to ready-to-wear in 2000, with 'Stars and Stripes' (Autumn/Winter 2000-01). The menswear line 'Monsieur' was added in 2003 (Autumn/Winter), modelled entirely by Viktor & Rolf in a mirrored performance. The Viktor & Rolf range has since grown to include shoes, accessories and eyewear.In addition to their own lines, Viktor & Rolf have collaborated with a number of other well known brands including Samsonite (2009) with whom they produced a luggage line, Shu Uemura (2008) for a range of couture false eyelashes, Piper Heidsieck (2007) for the iconic upside down bottle and, in 2006, the line for high street chain H&M which greatly extended their appeal to the general public. With the desire to expand, in 2008 they entered into a partnership with Italian clothing magnate Renzo Rosso of Only the Brave, allowing the company to develop new product ranges, extend distribution and open further boutiques.

A true man hates no one.
--Napoleon Bonaparte

L'Art

Here Sonnet in the French Paintings, the largest of its kind anywhere.

More on the Louvre: Following the French Revolution, the museum opened in 1793 with an exhibition of 537 paintings mostly being royal and confiscated church property. Because of structural problems with the building, the museum closed in 1796 until 1801. The size of the collection increased under Napoleon and renamed the Musée Napoléon. After the defeat of Napoléon at Waterloo, many works seized by his armies were returned to their original owners. The collection was increased during the reigns of Louis XVIII andCharles X, and during the Second French Empire the museum gained 20,000 pieces. Holdings have grown through donations and gifts since the Third Republic, except during the two World Wars. As of 2008, the collection is divided among eight curatorial departments: Egyptian Antiquities; Near Eastern Antiquities; Greek, Etruscan, and Roman Antiquities; Islamic Art; Sculpture; Decorative Arts;

Paintings; Prints and Drawings.

"A picture is worth a thousand words."
--Napoleon Bonaparte

The Louvre

We give the Grand Dame a full day. I am pained to acknowledge that despite my visits to Paris I have not been to the Louvre once though within walking distance of my hotel. In fact the last time I was here, I believe, 1989 when my family on a lay-over en route to Africa. I was so jet-lagged I could not see straight let alone contemplate the enormity of the museum - 35,000 objects from prehistory to the 19th century exhibited over an area of 60,600 square metres.

My photo taken from the Egyptian collection on the fourth floor. In 1983, French President François Mitterrand proposed the Grand Louvre plan to renovate the building and relocate the Finance Ministry, allowing displays throughout the building. Architect I. M. Pei proposed the glass pyramid which stands over the new main entrance of the main court, the Cour Napoléon. The pyramid and its underground lobby inaugurated October 15, 1988. The second phase of the Grand Louvre plan, La Pyramide Inversée, was completed in 1993.

Sonnet and I focus on the Vermiers - two of his 26 existing paintings here - and the Italian Renaissance with extra attention to El Greco, Bertolucci, and da Vinci. I see the Mona Lisa which is now in a protective bullet proof casing and a guard rail of ten feet. The first time I saw her, in 1984, she was unprotected. During World War II, the painting was removed from the Louvre and taken safely, first to Château d'Amboise, then to the Loc-Dieu Abbey and Château de Chambord, then finally to the Ingres Museum in Montauban. And now there she is, 500 years after Leonardo painted her, looking at us strangely and us none the wiser.

8ème

Sonnet and I sit outside Cafe Ambasade facing the pretty Frenchies walking determinedly to their work on Rue du Faubourge St Honoré which, Dear Reader, we know is the shopping avenue of Paris. The men own pointy shoes and tussled hair while the young ladies with black leggings or flair trousers, capes, or fur shawls; they walk with the unusual lope of the model. The travailleurs boutique are as pretty as their wares.

Meanwhile we have pain au chocolat and tartine with raspberry jam+coffee and life is good. I completely, and I mean completely, forget about the kids. Astorg's fifth fund over-subscribed without much surprise as their prior three partnerships world beaters. We discuss allocations and cut backs which is never fun since a lot of guys have put real work into their due diligence. Those slow to the draw, suffer. Prior fund-raisings not so easy and nothing taken for granted nor relationships neglected. How extraordinary to enjoy this unique friendship - from California to the 8th arrondisement. Go figure.

Sonnet: "Thank you for giving us an evening in Paris."

Madeleine: "Was it romantic?"

Sonnet: "Yes, it was."

Madeleine: "Did you eat buttered snails?"

Sonnet: "As a matter of fact we did."

Madeleine: "Woa."

Paris Morning

Sonnet and I zip to Paris for a clean get away and 24 hours no kids. God bless you, Aneta. We stay at my usual place which has been upgraded to five-stars though the service about the same. It is all about location. I have a meeting with Astorg then we are free to explore the Marais where we head for a falafel in the Jewish quarter then some shopping. Yes, I buy perfume at Estaban, where we always make a visit. I am not afraid of my metro-sexual (hear that, Justin?). By the afternoon Sonnet ready for a nap and I go jogging along the Seine to La Cité and Notre Dame. We head out for a late dinner at Chez Benoit in the 4th - superb.

The only two cities, other than London, where I would wish to live for a while are Paris and Rome.

"A revolution is an idea which has found its bayonets."
--Napoleon Bonaparte

Spectacle

I pick up Madeleine early from school to visit the High Street optometrist and our little dear's dreams come true : glasses. I tell her she can have the ones pictured which gets an "oh, Dad" and I spend the better part of an hour waiting for her to pick out a pair. This is her decision though I am quietly delighted when she chooses a pair of flash rectangular injection molds in Halloween orange. She is torn between these and the more sensible metal frames. The helpful Dr offers something in the middle and our bookworm sold.

Madeleine complains about breakfast which, she notes, "always the same." So today we go to Waitrose to jazz things up which means - sugar cereal. Not. (Madeleine's pupils dilated from her eye-test and she squints at the boxes and loudly states "I am blind.") In the end we get Sultana scones and Cheerios. Same as it ever was.

Sonnet: "You got her scones?"

Me: "Yeah, so?"

Sonnet: "I can just see it now: 'Please Dad can you get me some scones .. .'"

Me: "Well, she wanted chocolate croissants."

Sonnet: "You're such a softy."

Woj

Katie's Harvurd friend Susan Wojcicki profiled in today's San Jose Mercury News as "The Most Important Googler You've Never Heard Of" (photo by Robyn Twomey). Susan oversees Google's two main advertising products, AdWords and AdSense, which bring in the vast majority of Google's revenues (and even more of its profits). Back in '98, when Serge and Larry venture-backed by Kleiner Perkins (who BTW thought Google the least likely company to succeed in their '97 fund - because of Google, the fund the best partnership ever created based on returns) they needed a cheap work place and Susan rented her garage to the company (This really does happen in SV). Eventually Susan left a comfortable job at Intel to became one of the earliest employees and the first woman employee and then the first mother employee (she has four kids). She was behind Google's most important m and a's: DoubleClick and YouTube, after failing to keep up with YouTube as head of Google Video. She rocks.

I return to lap-swimming which is really the best sport for any age but especially older-age. No pounding nor possible sports-related injury accepting a blocked ear maybe. I have threatened to join a Masters club but their pool-times the worst: work-outs from 9PM. We have a couple of good (at least clean) public pools in Richmond and Lord knows we know them as both kids practice 4X a week. I do long for those outdoor Californian 50-meter basins which are a staple in the West Coast suburbs.

Madeleine: "Every day I keep waking up in the middle of the night."

2

My second birthday cake, pictured, probably taken, and eaten, in San Francisco before we moved to Berkeley. It kinda looks like me.

Madeleine 9

Aggie picks up Madeleine for a surprise movie afternoon and today she celebrates with breakfast-in-bed (tradition dictates) and vanilla cake and ice cream tonight, pictured. Madeleine takes joy giving us un-birthday gifts and I am delighted with a packet of wildflower seeds and a journal to record my observations of the garden. Perfect.

Me: "Any words on being nine?"

Madeleine: "It feels pretty much the same."

Me: "Just wait 'til your my age."

Madeleine: "I just realised that this my last year of single-digits."

Sonnet sings in the kitchen: "♫ Look at me I'm dancing."

Me: "Your mother can sure be weird."

Eitan: "Yeah, Mr-Run-A-Marathon-In-A-Cow-Suit."

Me: "Add 'em up."

Eitan: ". . tell-a-story-in-my-classroom-using-a-cowboy-accent-and-strip-to-your-swim-trunks-in-Madeleine's-class . "

Me: "Any more?"

Eitan: ". . sing-on-the-way-to-school . ."

Me:

Eitan: "Do you really want me to go on?"

At the dinner table.

Madeleine: "Do you know what a 'train track' is?"

Aneta: "No?"

Madeleine: "Well, you know what a train is right?"

Aneta: "Yes."

Madeleine: "A train track is the track thing underneath the train."

Aneta: "Oh, OK, tank you."

Crime Stopper

From last week, Scotland Yard makes UK crime data available at the street level. I can punch in my postal code and see the number of burglaries, murders, rapes &c. that have taken place nearby my, or any body's, house. Pictured, drug use per 1000 Londoners. This is a bold move and we are the first metropolitan area to have access to such rich data at our finger tips. True, one can find similar reports on US cities via Google api but this culled from public information and misses smaller or petty crime. The Police hope transparency will help make our streets safer. I would not disagree.

KPR lose to the Barnes Eagles 2-1 in a game the boys never lead. None made happier by the windy cold which feels sub-zero. Eitan takes a ball to the face which leaves him dazed momentarily and the ref stops the action. He takes three strikes which miss and unclear whether the slap or frustration makes him hold back tears.

Sonnet and I stay up late to watch "On The Waterfront."

"I watched a snail crawl along the edge of a straight razor. That's my dream. It's my nightmare. Crawling, slithering, along the edge of a straight razor … and surviving."

--Marlon Brando, Apocalypse Now

Buck

I am within fifteen-feet of these mysterious, ancient, beasts.

Sonnet and I for a walk and must hold back Rusty from the deer. Eitan takes his 10+ exam for St Paul's and I think Sonnet and I more anxious than he is. Sonnet bolts awake, 11PM, to double-check the alarm. When I drop off the boy he is as cool as a cucumber, which is as it should be - so what? his attitude suggests. Eitan refuses to take a banana for a snack (the test four hours) until I threaten to tell the Head Master that he is diabetic and needs it for his blood sugar. He puts the banana in his jacket pocket. I don't help out by arriving at St Paul's in my w/e work jeans, hair uncombed - and look! there is the Head Master himself to greet us. The auditorium filled with yummie mummies in Armani Jeans filling their £1000 knee-high boots. Not feeling part of it.

But back to our stroll .. Sonnet and I once walked from Maida Vale to the V&A every day when I was between jobs before Trailhead Capital. It was an urban trek too from our leafy mansion block to the grungy Harrow Road, over the Paddington Canal and under the A40 fly-over then Bayswater and, heaven, Hyde Park and finally The Albert Memorial, built by Queen Victoria for her beloved husband Prince Albert who died of typhoid in 1861. Unusually Albert faces away from the park so his view of Kensington and not the lovely fields he held so dear.

I pick up Eitan and he and pal Cyrus are buzzy. I am told the exam "Okay" while the reading comprehension and maths "hard". Eitan asked to choose one of three titles to write a story so he goes for "The Journey" and describes, in first person present, a six-year-old boy from a poor family left in England when his parents move to America. In the end the reader informed he is reading the boy's diary. A nice literary device, Sonnet says. About 120 kids sit the 10+ for ten spots.

Me, explaining why high taxes de-motivating: "Imagine if the government took 90p of every pound you earned?"

Eitan: "So?"

Me: "OK, so say you are a famous footballer making millions of pounds and the government takes 90% of it. Would you still be as motivated to play?"

Eitan: "Yes."

Me: "Well, Ok, but say it was your chores."

Eitan: "But you don't pay me anything to do my chores."

Me: "Let's say I paid you 20 pounds to sweep the backyard. "

Eitan: "That would be so cool!"

Me: "Yes but then you had to give 18 back."

Eitan: "I'd still have two pounds whereas before I was getting nothing. Are you really going to give me two-pounds if I sweep?"

Me:

Eitan: "Plus you owe me my allowance for the last four weeks. That's twenty pounds."

Me:

Eitan: "And you owe Madeleine's allowance too."

Me: "I'm glad we had this little conversation."