The Gates Foundation Asset Trust, the entity that manages the investments for the $40.2 billion Bill & Melinda Gates Foundation, has liquidated its entire stake in G4S Plc, the world’s biggest security-services provider.
The richest people on the planet got even richer in 2013, adding $524 billion to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 300 wealthiest individuals.
President Barack Obama and his advisers, casting a wide net for potential candidates to lead the World Bank, considered in initial discussions Microsoft Corp. Chairman Bill Gates, PepsiCo Inc. Chairman and Chief Executive Officer Indra Nooyi, and Brown University President Ruth Simmons, according to a person familiar with the White House search.
Apple Inc. Chief Executive Officer Steve Jobs is due to attend the annual Allen & Co. media conference in Sun Valley, Idaho, giving him a chance to court executives he needs to add content to his company’s products.
Clean-energy investors and environmentalists in California raised $11.9 million in the past two weeks to snuff out a challenge, backed by oil refiners Tesoro Corp. and Valero Energy Corp., to the state’s global- warming laws.