Breaking News
World Insights: Expectations for 2021 oil prices swing between hope on vaccines, concern over 2nd wave
...
Women’s Participation in Peace Efforts Vital to Sustain Peace in Afghanistan
...
How Rich Countries’ National Interest Will Threaten Fair Distribution of COVID-19 Shots
...
Amazon Dominates E-Commerce. Should you be worried?
...
Could Diaspora Bonds Potentially Offset Drop in Foreign Direct Investment?
...
What Will Be the Economic Recovery Shape?
...
Bill Gates Reclaims Status As Richest Man In The World
Co-founder of the Microsoft and the Bill and Melinda Gates Foundation officially reclaimed his status as the world’s richest man with a net worth of $110 billion.
His rival, Jeff Bezos of Amazon with a net worth of just lest than $109 million, was bumped down to the second spot.
This comes after Pentagon awarded a $10 billion cloud-computing contract to Microsoft over Amazon. Since then, shares of Microsoft have climbed 4% while Amazon dipped about 2%, according to Forbes.
Bezo’s fortune was also impacted after his divorce from his wife, which left the wift with a 4% stake in the online shopping giant worth more than $38 billion.
According to the billionaire index, Gates could also be worth significantly more but has donated more than $35 billion since 1994 through the Bill & Melinda Gates foundation.
Related Articles
7 Things That Make Great Entrepreneurs Tick
By Steve Tobak- Inc.com Silicon Valley has gazillions of successful entrepreneurs and brilliant innovators. You can’t walk down the street
Taxation, productivity and prosperity
The focus of US economic policy discussion at present is almost entirely on fiscal deficits and the level of taxes.
Millennial money: Five of the youngest entrepreneurs
Despite the sometimes discouraging news about millennials and the job market, the list of well-known companies started by that demographic
