Lizbon is One of the Major Economic Center on the Continent

We can imagine how Lisbon takes a place in the economy with a short collection of Lisbon
Lisbon is the capital city and largest city of Portugal with a population of 547,631. The urban area of Lisbon extends beyond the administrative city limits with a population of 3 million, making it the 9th most populous urban area in the European Union. About 2,831,000 people live in the Lisbon Metropolitan Area (which represents approximately 27% of the population of the country). Lisbon is the westernmost large city located in Europe, as well as its westernmost capital city and the only one along the Atlantic coast.

Lisbon is recognised as a global city because of its importance in finance, commerce, media, entertainment, arts, international trade, education, and tourism. It is one of the major economic centres on the continent, with a growing financial sector and the largest/second largest container port on Europe's Atlantic coast. Lisbon Portela Airport serves about 13 million passengers per year. Lisbon is the 25th most livable city in the World according to lifestyle magazine Monocle. The city is the seventh-most-visited city in Southern Europe, after Istanbul, Rome, Barcelona, Madrid, Athens, and Milan, with 1,740,000 tourists in 2009. The Lisbon region is the wealthiest region in Portugal, GDP PPP per capita is 26,100 euros (4.7% higher than the average European Union's GDP PPP per capita). It is the tenth richest metropolitan area by GDP on the continent amounting to 98 billion euros and thus €34,850 per capita, 40% higher than the average European Union's GDP per capita. The city occupies 32nd place of highest gross earnings in the world. Most of the headquarters of multinationals in the country are located in the Lisbon area and it is the ninth city in the world in terms of quantity of international conferences. It is also the political centre of the country, as seat of Government and residence of the Head of State. The seat of the district of Lisbon and the centre of the Lisbon region.

Lisbon is one of the oldest cities in the world, predating other modern European capitals such as London, Paris and Rome by hundreds of years. Julius Caesar made it a municipium called Felicitas Julia, adding to the name Olissipo.

Lisbon hosts two agencies of the European Union: the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) and the European Maritime Safety Agency (EMSA). Called the "Capital of the Lusophone world", the Community of Portuguese Language Countries has its headquarters in the city, in the Palace of the Counts of Penafiel.

Lisbon has two sites listed by UNESCO as a World Heritage Site: Belém Tower and Jerónimos Monastery. Furthermore, in 1994, Lisbon was the European Capital of Culture and in 1998 organised an Expo '98 (1998 Lisbon World Exposition).

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Glance At Michael G. Rubin's Success Story

Michael G. Rubin, renowned Internet entrepreneur, recently founded Kynetic, a private company singularly-focused on building consumer Internet businesses. Kynetic includes three brands at the forefront of innovation in the online commerce space: Fanatics, the world’s leading online retailer of licensed sports merchandise, Rue La La, a leading online private sale destination in the U.S., and ShopRunner, an innovative members-only service which aggregates shopping benefits from the top retailers and brands. Kynetic expects more than $1 billion in revenue in 2012, immediately making it one of the largest private tech companies in the world.

Prior to Kynetic, Rubin was Founder and CEO of GSI Commerce, which was acquired by eBay for $2.4 billion in 2011. Over the past 12 years, Rubin built GSI into a formidable global network of e-commerce, multi-channel and digital marketing businesses servicing 150 of the top 500 Internet retailers and, in totality, over 2,000 customers, including Toys”R”Us, Dell, Polo Ralph Lauren, Estée Lauder, Aéropostale, Dick’s Sporting Goods, Bath & Body Works and PetSmart. Rubin pioneered an innovative pay-for-performance business model that fueled GSI’s organic sales growth, which he then complemented in recent years with 11 strategic acquisitions. GSI became one of the largest publicly-traded Internet companies, facilitating billions of dollars of merchandise sales for its customers, with 2010 revenues of $1.4 billion and 5,000+ employees. As part of the transaction, eBay divested certain assets to Kynetic, specifically all of GSI’s online licensed sports merchandise business (Fanatics) and 70% ownership in Rue La La and ShopRunner.

Rubin began his entrepreneurial career in 1985, when he opened a ski-tuning shop in his parents’ basement at the age of 12. He earned $25,000, which was sufficient to rent space in a strip mall for “Mike’s Ski Shop.” By the time he was 14, he had racked up sales of $125,000. Within a year of graduating high school, Rubin had opened several retail ski stores in Pennsylvania and New York. He went on to found KPR Sports, a leading distributor of off-price sporting goods and footwear. In 1997, he merged KPR Sports with publicly-traded Ryka, a branded athletic footwear company he controlled, to form Global Sports Inc. (GSI). The following year, Global Sports generated sales exceeding $100 million and, at age 25, Rubin became one of the youngest CEOs of a NASDAQ-listed company in the exchange’s history. The success of GSI Commerce and Rubin’s outstanding achievements landed him a spot on the inaugural season of CBS’ hit show “Undercover Boss,” as well as recognition in numerous media outlets including The Wall Street Journal, CNBC, The New York Times, BusinessWeek and People. Forbes named him one of 2010’s “15 Most Powerful CEOs 40 and Under.” In 2011, Rubin was part of the ownership group that purchased the NBA’s Philadelphia 76ers.