Hot Dog Expert Discovers Oil

Weinberg, Neil; Maiello, Michael
September 2008
Forbes Asia;9/1/2008, Vol. 4 Issue 14, p68
The article profiles Howard Jonas, one of the three investors that were allowed by the U.S. government for mining concession in Colorado, Utah and Wyoming. Jonas was known for his IDT Corp, a $1.4 billion net worth which shrunk to $136 million, in which he owns 47%. However, he hopes that through this oil exploration, it will help him recover the losses he obtained from IDT. Moreover, another Jonas' inspiration is his Zedge, a social networking portal similar to Facebook and MySpace.


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