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Home > News > From tiny devices, mighty profits grow

July 20th, 2007

From tiny devices, mighty profits grow

Abstract:
Nanotechnology is not where Roy Doumani made his fortune, but it could be where he leaves his most important mark.

With the zeal of a modern-day Medici, Doumani, the 71-year-old international financier and real estate investor, is focusing his energy and resources to bolster an area of innovation that may finally be on the brink of widespread commercialization.

"I see tremendous potential in nanotechnology," Doumani said from his 6,500-square-foot, or 604-square-meter, seaside home in Los Angeles, designed for him and his wife, Carol, by the sculptor Robert Graham. "And if I believe in something, I won't let it go."

Source:
iht.com

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