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.
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.
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.
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.
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.
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.