Gates is the co-founder and chairman of Microsoft, the world's biggest software company. America's richest man owns 6 percent of the Redmond, Washington-based company, a stake that makes up about a quarter of his total wealth. The rest of his fortune lies in Cascade Investment, a closely held investment vehicle. He has gifted $28 billion to his foundation.
Bill Gates News
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OCI NV reduced the cash offer to stockholders of its subsidiary, Orascom Construction Industries, by 8.9 percent as it seeks to complete a tender for the unit’s shares listed in Egypt. The stock fell.
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Forget the old boy’s club. Groups like the Brazen Hussies, Power Bitches and SLUTS -- aka Successful Ladies Under Tremendous Stress -- are where today’s hot deals are being brokered and they’re strictly girls-only.
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Group of Seven nations agreed on the need to toughen international rules to prevent rich individuals and corporations avoiding taxes, with greater efforts to prevent tax evasion that deprives governments of billions of dollars.
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The world’s 200 richest people added $17.5 billion to their aggregate wealth this week as U.S. jobless claims fell to a five-year low, bolstering optimism in the economy.
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Now that the U.S. has formally accused the Chinese military of launching computer attacks, Microsoft Chairman Bill Gates has proposed a way to mediate such international disputes. The idea is technically feasible and seemingly the responsible way to handle conflicts in an increasingly interconnected world. And it likely won't happen anytime soon.
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Microsoft Corp. co-founder Bill Gates said the wealthy should pay more as the U.S. continues to grapple with how to rein in its budget deficit.
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Hedge-fund manager Paul Singer and hosiery tycoon Sara Blakely promised to donate at least half of their fortune to charity as part of the initiative started by Warren Buffett and Bill and Melinda Gates.
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Warren Buffett, the leader of Berkshire Hathaway Inc. since the 1960s, said the company’s next chief executive officer will bolster the company’s reputation as a source of stability in times of crisis.
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Africa is making visible progress on economic growth as health and governance improve, according to Microsoft Corp. founder Bill Gates and former British Prime Minister Tony Blair.
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The world’s 200 richest people added $44.6 billion to their collective net worth this week as the Dow Jones Industrial Average reached 15,000 for the first time.
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