Warren Buffett , founder of Berkshire Hathaway , was quoted in the Associated organization.organization_board_membership ( January 20 , 2006 ) as saying `` The U.S trade deficit is a bigger threat to the domestic economy than either the federal budget deficit or consumer debt and could lead to political turmoil ... Right now , the rest of the world owns $ 3 trillion more of us than we own of them . ''

He is the personal trainer of several high-profile people from various fields , like business magnate George Soros , economist and former Federal Reserve Chairman Paul Volcker , former General Electric CEO Jack Welch ( who recovered from muscular atrophy under Sitaras ' supervision ) , journalist Charlie Rose , record executive David Geffen or NASCAR champion Jimmie Johnson ( who was the first racing driver to become the Associated organization.organization_board_membership Male Athlete of the Year and who won six championships ) .

In 1981 , the IRA snatched department store boss Ben Dunne ; two years later , they tried to kidnap Galen Weston , scion of the Canadian family behind Primark 's owner , food and retail conglomerate Associated organization.organization_board_membership Foods ( ABF ) .

Quinn sold his Quinnsworth chain to Galen Weston 's Associated organization.organization_board_membership Foods in the early 1970s , becoming a millionaire at the age of 36 .

Ownership of national and the newspapers of each capital city are dominated by two corporations , Rupert Murdoch 's News Corporation , ( which was founded in Adelaide ) and John Fairfax Holdings.These two corporations along with West Australian Newspapers and the Harris Group work together to create Australian Associated organization.organization_board_membership which distributes the news and then sells it on to other outlets such as the Australian Broadcasting Corporation .