European Stars and Stripes (Newspaper) - August 23, 1990, Darmstadt, Hesse                                Thursday. August 23. 1990 the stars and strikes Page 5barons rank As worlds richest people new York apr Tayou wondered Why Oil is Worth fighting for. Take a look at Fortune Magazine s latest ranking of the world s billionaires. The two richest people on the face of the Earth arc Oil Barons the Magazine reported tuesday. Sultan Haji Hassanat Bol Kiah. Oil Rich Leader of Brunei retained fortunes top title for the fourth straight year with an estimated Worth of $25 billion. Saudi arabians King fahd and clan a focus of the persian Gulf crisis ranked second with assets Worth $ 18 billion. Fortune spokeswoman Emma Dockendorff said those estimates were based partly on Oil prices in mid july when a barrel of crude fetched about $18. Prices surged to about $28 a barrel following iraqis aug. 2 invasion of Kuwait and the . Move to protect neighbouring saudi Arabia. That Price jump could make the Sultan and King even wealthier. The ranks of fortunes richest swelled by 25 names this year to 182 individuals and families controlling a combined pm Pirc Worth $471.3 billion. A that a up about 7 percent front Laist year and enough to erase the . Budget deficit Trade deficit and a Good chunk of the savings and loan bailout Tab. Fortune released the fourth annual ranking in its sept. 10 Issue. It said the average entrant s wealth was Only slightly higher compared with last year. But the average Fortune was still Worth about $2.6 billion which if invested in 7.5 percent . Treasury Bills would earn $534,000 a Day. Fortunes richest include from left the Sultan of Brunei followed by King fahd. Queen Elizabeth is the wealthiest woman. As competitor Forbes Magazine did in its annual list released last month Fortune ditched the Sultan of new York Donald a Trump whose real estate and Casino Empire is bogged Down in debt. The Magazine had estimated his holdings at $ 1.7 billion last year. Fortune placed Trump in a separate category of fallen tycoons who also included troubled takeover strategist James Goldsmith and convicted financier Michael Milken. Ranked third on Fortune s list was the reclusive Mars family of the United states whose holdings include Mars inc. Candy bars Uncle bends Rice and Kat Kan Pel food Worth $12,5 billion. Fourth was Britain a Queen Elizabeth ii the wealthiest woman with an untaxed personal Fortune of $11.7 billion in riches ranging from 267,000 acres of Royal real estate to racehorses Crown jewels and a vast Stock portfolio. Fifth was the Newhouse family of the United states owners of a Large Media Empire Worth $11.5 billion. Sixth was the Richmann family of Canada with extensive real estate holdings valued at $11.1 billion. Tied for seventh were Yoshiaki Toul Sumi Japan a richest industrialist and Arkansas retailing Mogul Sam Walton both valued at $7.3 billion. Eighth was John w. Kluge of the United slates owner of Media giant metro Media inc., valued at $7.0 billion. Ninth was Tsai wan Lin and family of Taiwan owners of a construction and insurance Empire Worth $6,5 billion. The Thomson family owners of Canadas biggest newspaper Chain rounded out the lop 10 with $6.2 billion. Fortune said the United states remained Home to the greatest i umber of billionaires at 58. Twenty were from the persian Gulf 15 from West Germany nine from Italy and eight in Japan Down from 12 last year. Union for concessions new York apr the producer of the hit London musical Quot miss Saigon Quot said tuesday that he would rather take a $600,000 loss than bring the show to Broadway amid controversy Over his casting of a White Man to play a eurasian Pimp. But Cameron Mackintosh left the door open for a settlement that could bring the show a and its $25 million in Advance ticket sales a to Broadway in april 199l the show initially was supposed to begin previews a month earlier. Mackintosh had cancelled the $10 million production on aug 8 after actors equity which has veto Power Over a foreign actors appearance in the United states voted against letting Jonathan Pryce bring his award winning role to Broadway. Pryce won the Olivier award the London equivalent of the Tony for his portrayal of the Brothel owner in the play. The new York production had been planned As the most expensive show in Broadway history its $25 million in Advance ticket sales is a record.  equity after the vote against Pryce said it could not Quot appear to condone the casting of a caucasian in the role of a  but in a special meeting of its 70-Mcmber executive Council thursday equity reversed itself. The Council which represents its 37,500 members was swayed by if. Mackintosh a demonstration of Good intent and his Promise to seek Pryce asian actors for Broadway roles said equity executive Secretary Alan Eisenburg. Mackintosh in a three Page statement released in new York said "1 cannot in Good conscience reschedule the production in the absence of a positive working environment and an understanding that artistic Freedom cannot be compromised Quot Mackintosh said however that he was willing to work out differences with actors equity and that he had sent the Union a letter outlining the problems he Felt must be overcome for a , production. The $600,000 figure represents expenses the producer has already incurred preparing to bring the show Here. The unions approval of Pryce to play the role of the eurasian was insufficient evidence that the Union had a change of heart he said. Quot their decision was made solely on the technical basis of or. Prycer a acknowledged Star status. As 1 have repeatedly stated it is also essential that the profoundly unpleasant atmosphere currently surrounding the production be dispelled a Mackintosh  the stars and stripes 40 years ago today. Aug 3 1950 a . Infantrymen thwarted a communist Advance aimed at the South korean port City of Pusan As 70 b-29 super fortresses struck within 60 Miles of soviet territory hitting North korean military and Industrial targets with 700 tons of bombs.30 ears ago today. Us 23, 1960 a the . Security Council adjourned without voting on a soviet backed congolese Challenge to Secretary general Dag Hammarskjold s Congo policy.20 years ago today us "3 1970 a a cambodian government forces swept through Marshland seven Miles North Northeast of phenom penh in search of the three communist battalions that attacked the Village of Prek Temenak a government spokesman said 0 years ago today. Us "3 1980 a us Secretary of defense Harold Brown announced a major technological breakthrough called a a stealth a that he said would enable  bombers tie tors and Crisc missiles to penetrate any present or future so Iet air de tenses. Navy refuses to reconsider Wii trials of Black sailors san Francisco apr the Navy has refused a request to reconsider the War world ii courts martial of 258 Black sailors who refused to return to work after a huge explosion at the old port Chicago calif., naval depot. In a letter last week Navy Secretary la Lawrence Garrett Iii told 24 congressmen who had asked him to reopen the Case that the con i Lions Are too old for an Appeal under military Law. He suggested instead that they seek presidential pardons for the sailors. The sailors say however that they will keep pressuring the Navy. A we done to want a Pardon because that Means. A you re guilty but we forgive you a a said Joe Small 68, a blast survivor who was convicted of Mutiny and spent 16 months in military prison. Quot we want the decisions set aside and reimbursement of All lost  an aide to rep. George Miller p-calif., who led the Appeal said the next step was to find experts who could determine the sailors Legal options. The explosion occurred 46 years ago at what is now the Concord naval weapons station 30 Miles Northeast of san eran Cisco. Two ammunition ships being loaded at the depot exploded killing 320 seamen a 202 of them Black a and vaporizing the two ships. It was the worst military Accident in the United states during world War 11. After the blast 258 sailors refused to go Back to work loading ammunition. Eventually. 208 of the sailors returned to work. But 50, including Small continued to refuse. I hey were court Mai lulled for Mutiny