The International Herald Tribune has a good article on Jimmy Buffett’s business empire: “Spotlight: Margaritaville is Jimmy Buffett’s empire”

Buffett said he owed much of his business acumen to the early days of his career, when, as a reporter for Billboard, the music magazine, he learned that a knowledge of business was a necessity for performing artists. The reason, he said, was that the music industry was not structured to meet the artist’s best interests.

He has also taken a page out of the book of another Buffett: Warren, the billionaire investor and a longtime friend. Jimmy Buffett said he valued the concept of “management in place” that he learned from watching Berkshire Hathaway: Hire competent people, then “just let them do it.”

Read the entire article here.

Jimmy Buffett’s Margaritaville franchise will open new restaurants in Honolulu and at the Mohegan Sun in Uncasville, Connecticut.
The Boston Globe reports that the Mohegan Sun Casino will open a Margaritaville restaurant, replete with tiki huts and a “cheeseburger in paradise” menu entree, as part of their $740-million expansion plan.
To ensure that patrons don’t suffer from tequila deficiencies, plans call for the restaurant to feature an eight-foot tall blender that fills with margaritas every hour, according to a publicist for the project.
More info on the M’Ville is available at TheDay.com.
Also, look for a Margaritaville restaurant to be built in Honolulu, Hawaii with completion in ’08 or ’09!

Jimmy Buffett’s official website at www.margaritaville.com has been redesigned. It’s got a new look and is easier to navigate.

Check it out here.