Bill Gates

William (Bill) Henry Gates, III co-founded Microsoft Corp., one of the world's biggest computer software companies in 1975, with Paul Allen. He has been its Chairman of the Board since 1981. Mr. Gates also founded Corbis Corporation, Bill & Melinda Gates Foundation and co-founded The Giving Pledge in 2012 with Warren Buffet, where billionaires join and pledge to give more than half of their fortunes to charity. Mr. Gates is currently is ranked as the world's 2nd richest person in "The 2013 Forbes Billionaires list" with a net worth of $67bn. Mr. Gates was also ranked as Forbes magazine's 5th fifth most powerful person in the world in 2011. He was born on October 28, 1955.

 

 

Bill Gates to mythbust on Sweden visit

US billionaire and philanthropist Bill Gates is set to speak at Sweden's lauded Karolinska Institute on Monday, in an address professing hope that poverty can be eradicated despite persistent myths about development and aid.

Source: www.thelocal.se | Date: 31st March 2014 Read more

The 85 richest people in the world: men still in the driving seat

At its snowy retreat in the Swiss Alps, the World Economic Forum is debating how much inequality is too much. The aid charity Oxfam pointed out that a glance through the richest 100 people in the world shows that the pendulum has already swung heavily in favour of an elite group: the top 85 in the Forbes rich list control as much wealth as the poorest half of the global population put together.

Source: www.theguardian.com | Date: 24th January 2014 Read more

Tech firms and their founders: Monarchs versus managers

THE epic struggle between two billionaires over the future of Dell has gone to another round. Michael Dell, the ailing computer-maker’s founder and biggest shareholder, has now been forced twice to postpone a vote on his proposal to buy out the firm and take it off the stockmarket, for fear that the deal’s critics, led by Carl Icahn, a veteran shareholder activist, may have enough support to scupper the plan.

Source: www.economist.com | Date: 12th August 2013 Read more

Federal Reserve hopes and talk of Chinese central bank easing help lift FTSE 100

Markets await latest announcement from Ben Bernanke and moves from Chinese central bankCentral banks are in the spotlight once more, as investors optimistically hope for clarity from the US Federal Reserve about future plans for its bond buying programme.On top of that, came talk that China may ease its policy by cutting the reserve requirement ratio - the amount of capital banks have to set aside in case of financial trouble - in the next day or so.At Wednesday's Fed announcement, investors are hoping for clarification from chairman Ben Bernanke about its $85bn a month bond buying programme. Central bank action has been supporting the markets for months but since comments from Bernanke on 22 May seemed to suggest an end could be in sight, investors have taken fright. Ishaq Siddiqi, market strategist at ETX Capital said:After Bernanke's testimony and the Fed meeting minutes on May 22, risk assets have declined sharply while bond yields have spiked and volatility has shot through the roof. It's likely that Bernanke will spend most of the press conference downplaying market fears in a dovish manner and hopefully offering a time-line of when the Fed will start to scale back quantitative easing.Overall the FTSE 100 has added 31.84 points to 6362.33, with Whitbread the top riser. The Costa Coffee and Premier Inn business is up 95p to £30.18 after an upbeat trading statement.But Aggreko has dropped 41p to £17.50 as the temporary power supply company said it was on track to meet first half expectations although trading remained subdued. Last year the company issued two profit warnings, but now says forecasts for the year are unchanged with a pickup in the second half expected.Security group G4S, where Bill Gates was recently revealed as a shareholder, has dipped 4.9p to 239.9p after Goldman Sachs issued a sell recommendation and cut its target price from 200p to 194p. The move was made to take into account recent movements in emerging market currencies, and has led to the bank reducing its earnings estimate for G4S by 3% for 2013.But RSA Insurance has added 3.3p to 121.1p, lifted by news that Credit Suisse has moved from neutral to outperform and raised its price target from 125p to 138p. The bank said:Having been a long-term neutral on RSA, our decision to turn more positive reflects our belief that earnings are poised to improve following what has been an extended period of stagnation.Easyjet is up 31p to £12.83 on news of an $11bn Airbus order. The deal needs shareholder approval but is likely to face opposition from founder Sir Stelios Haji-Ioannou.Vodafone has added 1.5p to 184.2p despite US group Liberty Global making an offer for its bid target Kabel Deutschland, raising the prospect of a takeover battle.WhitbreadAggrekoG4SRSA InsuranceeasyJetVodafoneNick Fletcherguardian.co.uk © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds    

Source: www.guardian.co.uk | Date: 18th June 2013 Read more

Anti-polio $130m aid in danger

ISLAMABAD -World Health Organization (WHO) has decided to stop aid of 130 million USD to the polio-monitoring cell. WHO wrote a letter to govt of Pakistan that after the dissolution of polio monitoring cell, 130 million dollars annually aid, from Bill Gates Foundation has become in danger. While WHO has written a letter to the Government of Pakistan in this respect. Dr Waqar Ajmal, special envoy ...

Source: www.nation.com.pk | Date: 3rd June 2013 Read more

Infosys calls founder Narayana Murthy out of retirement

Outsourcing firm the latest to recall a founder or former chief executive to turn its fortunes round. One of the world's largest outsourcing companies, Infosys, has called its founder and former chairman Narayana Murthy out of retirement to head the company again, following the trend for major companies to bring back an old hand in times of trouble.

Source: www.guardian.co.uk | Date: 3rd June 2013 Read more