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.
Microsoft Corp. Chief Executive Officer Steve Ballmer, who has struggled to adapt the world’s largest software maker to the shift away from personal computers and toward mobile devices, will retire after more than a decade at the helm.
Microsoft Corp. Chief Executive Officer Steve Ballmer, the world’s 44th-richest person, has seen his net worth jump $786 million after announcing his retirement from the world’s largest software maker.
While Microsoft Corp. Chairman Bill Gates these days is more often seen engaged in philanthropic activities through the Bill and Melinda Gates Foundation, he still dons his inventor cap from time to time.
Google wants to bring the Internet to underdeveloped countries by floating balloons equipped with wireless access in the skies above them. The flashy effort is drawing gawkers, but the Google Loon project could fall short of its goal of spreading knowledge, and bringing cultural and economic improvements to the third world.