Skip to main content

BILL GATES ; RICHEST MAN

BILL GATES

Bill Gates stopped working full-time at Microsoft in 2008 and stepped down as chairman in 2014. Over the course of nearly two decades, Gates has shifted his focus from personal computers to philanthropy. Yet despite easing his workload at Microsoft and his dedication to giving away money, Bill Gates is once again the world's richest person.
As of Nov. 16, Gates has a net worth of $110 billion, according to Bloomberg. Gates narrowly unseated Amazon head Jeff Bezos, who's worth approx. $109 billion. Since 2008, Gates has at various times been out-earned by the likes of Bezos, investor Warren Buffett and Mexican business magnate Carlos Slim.
Despite having sold around $35 billion in Microsoft stock to fund the Bill and Melinda Gates Foundation, the tech icon still owns a huge amount of Microsoft stocks. Bloomberg chalks up his recent windfall in net worth to Microsoft winning a $10 billion Pentagon contract and a corresponding boost to the company's stock price.
The stock price was at $136 on June 22, and now stands at just under $150.
Bezos' net worth has taken two hits in recent months, as he lost billions following Amazon's underperformance in quarter three and many billions more -- around $35 billion -- to his now ex-wife, Mackenzie Bezos.
Ironically, the last time Gates made headlines was when he, speaking at the New York Times DealBook conference, questioned Democratic presidential candidate Elizabeth Warren's proposed expanded wealth tax.
"I've paid over $10 billion in taxes, I've paid more than anyone in taxes. If I had to pay $20 billion, it's fine," Gates said, "but when you say I should pay $100 billion, then I'm starting to do a little math over what I have left over."
Gates also said he wasn't sure if Warren is open-minded or would "even be willing to sit down with somebody who has large amounts of money."
"I'm always happy to meet with people, even if we have different views," Warren tweeted at Gates later that day. "If we get the chance, I'd love to explain exactly how much you'd pay under my wealth tax. (I promise it's not $100 billion.)"

Popular posts from this blog

boycott chinese product

boycott chinese product  Is a boycott really the answer? The irony of the boycott is especially ripe considering that among the top five smartphone brands in the country – the fastest growing mobile market – four places are occupied by a Chinese brands. According to a  May 2020 report by Counterpoint Research , in Q1 2020, Xiaomi had the highest market share of 30 percent in the Indian smartphone market, Vivo ranks second occupying 17 percent of the market, Samsung is at number three with 16 percent. Places fourth and fifth are also occupied by Chinese brands Realme and Oppo with 14 and 12 percent market share, respectively. For the uninitiated, Vivo, Realme, Oppo, OnePlus are all owned by BBK Electronics, which is a Chinese MNC specialising in electronics. Xiaomi is also a Beijing-based company. No India-born brand ranks in the top smartphone sellers list. However, for  feature phone market share in Q1 2020 , Lava and Micromax did make the cut to the second and fifth position, respect

CARONA VIRUS

CARONA VIRUS PREVENTIONS Know How it Spreads There is currently no vaccine to prevent coronavirus disease 2019 (COVID-19). The best way to prevent illness is to avoid being exposed to this virus. The virus is thought to spread mainly from person-to-person. Between people who are in close contact with one another (within about 6 feet). Through respiratory droplets produced when an infected person coughs or sneezes. These droplets can land in the mouths or noses of people who are nearby or possibly be inhaled into the lungs. Take steps to protect yourself Clean your hands often Wash your hands  often with soap and water for at least 20 seconds especially after you have been in a public place, or after blowing your nose, coughing, or sneezing. If soap and water are not readily available,  use a hand sanitizer that contains at least 60% alcohol . Cover all surfaces of your hands and rub them together until they feel dry. Avoid t

How to earn money online

12 Ways You Can Absolutely Make Money Online For many people, making money online would be an absolute dream come true. If they could find a way to make money with a website or some other online venture, they could quit their job to focus on entrepreneurship, spend more time with their family, and finally take back control of their time and their lives. Now, here’s the good news. The majority of online revenue strategies aren’t that complicated. Like any business venture, your online income takes time to grow. You need to be willing to devote the time and energy required to get your idea off the ground, and you need grit to stick with it even if your journey is slow when you first start out. #1: Google Adsense If you've visited any website, you've seen Google ads. These ads are everywhere, and for good reason. Not only are they easy to set up on any basic website, but they can be lucrative once your website starts bringing in a steady amount of traffic. One of