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.
The world’s 300 wealthiest people lost a combined $44.4 billion yesterday as global stocks tumbled the most in a month and the ruble dropped to an all-time low amid Russia’s growing military presence in Ukraine.
Microsoft Corp.’s newly appointed Chief Executive Officer Satya Nadella, in an effort to reignite growth, is shuffling management and putting former political operative Mark Penn in the new role of chief strategy officer.
Microsoft Corp.’s newly appointed Chief Executive Officer Satya Nadella, in an effort to reignite growth, is shuffling management and putting former political operative Mark Penn in the new role of chief strategy officer, according to people with knowledge of the matter.
Microsoft Corp. Chairman John Thompson, who led the recent search for a new chief executive officer that resulted in the appointment of Satya Nadella, said the challenge facing the software maker is how to direct the company’s ample resources in the right direction.
The top 10 dealmakers at publicly traded private-equity firms took home at least $1.7 billion in dividends in 2013 as they seized on rallying stock markets to sell stakes in everything from a Chinese insurer to a U.S. theme-park operator to a French floormaker.