World's richest gain $1.2 trillion in 2019 as Jeff Bezos retains crown
The leveraging of a giant social-media presence, a song about sharks and a collection of junkyards are just a few of the curious ways that helped make 2019 a fertile year for fortunes to blossom around the world. Kylie Jenner became the youngest self-made billionaire ...
Bill Gates again world's richest person; Amazon's Bezos is No. 2
Microsoft co-founder Bill Gates overtook Amazon's Jeff Bezos as the world's richest person on Friday, reclaiming the top ranking for the first time in more than two years. Gates may have been helped in part by the Pentagon's surprise decision announced Oct. 25 to award ...
Fund pledges $14 billion to fight AIDS, TB and malaria epidemics
Governments, philanthropists and private firms pledged just over $14 billion Thursday for a plan to save 16 million lives, in a boost for the global fight against AIDS, tuberculosis and malaria. The money was promised at a replenishment meeting in Lyon, France, of the Global ...
Bill Gates defends Big Tech, says firms shouldn't be broken up
Bill Gates, who knows a thing or two about antitrust investigations, doesn't think it's a good idea to break up the biggest U.S. tech companies, as some politicians have suggested. The Microsoft Corp. co-founder and former chief executive officer battled the Justice Department for years ...
World must adapt to 'inevitable' climate change and invest now or pay high price later, warns report
Nations rich and poor must invest now to protect against the effects of climate change or pay an even heavier price later, a global commission warned Tuesday. Spending $1.8 trillion across five key areas over the next decade would not only help buffer the worst ...
Bill Gates backs taxing capital gains as best way to tap big fortunes and get wealthy to pay more
Bill Gates is concerned about the high budget deficits being run by the U.S., and said if taxes are ultimately increased to make up the shortfall, then it's appropriate for wealthy people to pay much higher taxes. "We only collect about 20 percent of GDP ...
Billionaire philanthropist Bill Gates said Sunday that excellent basic health care that would prevent easily treatable but deadly conditions was achievable even in Africa's poorest nations. "The good news about health is that by spending modest amounts on the prioritized areas, you can get phenomenal ...
Microsoft co-founder Paul Allen dies of cancer at 65: family
Microsoft Corp. co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to start what became the world's biggest software company, died on Monday at the age of 65, his family said. Allen left Microsoft in 1983, before the company ...
Gates, fellow billionaires look to plow $2 billion into clean energy initiatives
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year. Gates, co-founder of Microsoft Corp., will be joined by 26 private investors ...
40,000 converge on Omaha for Warren Buffett's Berkshire 'Woodstock for Capitalists' gala
Warren Buffett puts on a good show. Especially when he is the show. That show grew bigger as more than 40,000 Berkshire Hathaway shareholders poured into Omaha this weekend to celebrate his 50th anniversary running the company, at what the world's third-richest person calls Woodstock ...
Meet the emerging world's vaccine pioneers
More must be done to target the 22 million children, mainly in the poorest countries, who do not have access to lifesaving vaccines that protect against diseases such as measles, pneumonia and rotavirus, writes Microsoft cofounder Bill Gates.
