The richest person on the earth

No: 1
William Gates III
  • Name: William Gates III
  • Age: 53
  • Fortune: self made
  • Source: Microsoft
  • Net Worth: $40.0 bil
  • Country Of Citizenship: United States
  • Residence: Medina, Washington , United States, North America
  • Industry: Software
  • Marital Status: married, 3 children

Education: Harvard University, Drop Out
Software visionary regains title as the world's richest man despite losing $18 billion in the past 12 months. Stepped down from day-to-day duties at Microsoft last summer to devote his talents and riches to the Bill & Melinda Gates Foundation. Organization's assets were $30 billion in January; annual letter lauds endowment manager Michael Larson for limiting last year's losses to 20%. Gates decided to increase donations in 2009 to $3.8 billion, up 15% from 2008. Dedicated to fighting hunger in developing countries, improving education in America's high schools and developing vaccines against malaria, tuberculosis and AIDS. Appointed Microsoft Office veteran Jeffrey Raikes chief exec of Gates Foundation in September. Gates remains Microsoft chairman. Sells shares each quarter, redeploys proceeds via investment vehicle Cascade; more than half of fortune invested outside Microsoft. Stock down 45% in past 12 months. "Creative capitalist" wants companies to match profitmaking with doing good.

Comments

Post a Comment

Popular posts from this blog

Delhi Technological University contributes in building the socio-economic infrastructure of the nation.

Image
Education and competition are the core ingredients of human culture and contribute in building the socio-economic infrastructure of the nation. India has emerged as an economic power in providing education to the masses. Universities, being the repository as well as the distributor of higher learning must take the necessary steps to modify the present educational system qualitatively as well as quantitatively.   We identify the existence of public socio-health problems and bring them to our research labs, develop technology-driven solutions to address such challenging an environment, thereby aiming at making the emerging world – a disease-free tomorrow. We are, thus, proud contributors of this socio-technological transformation, encouraging students with a spirit to cater to the needs of our contemporary society. Research playing the core role, our Department of Biotechnology has always supported technical advancement through cognitive and collaborative enterprise R&a
Read more

3rd Convocation on 08.12.2016 in Dr. B.R. Ambedkar Auditorium, DTU

Wednesday December 07, 2016                Press Release With great pride and sheer ecstasy, DTU announces its 3 rd Convocation to be held on 08.12.2016 in Dr. B.R. Ambedkar Auditorium, DTU, to confer degrees on the students passed out in the year 2016. The convocation day marks the achievement of a significant milestone in the lives of the batch of graduating students, their proud families, faculties and above all the Alma Mater. It is an occasion when we charge the outgoing batch with a pledge to dedicate them to the profession they choose and to cause human development. A colossal footfall of over 3000 guests is expected. The details of degrees being given are as follows: S.No. Course Total no. 1. B.Tech (FT) 2855 2. B.Tech (evening) 284 3. M.Tech 706 4. MTPT 91 5. Ph.D 28 6. MBA 156
Read more

India ranks 4th among money obsessed nations

Image
India ranks 4th among money obsessed nations Bangalore: With importance of money being increased after financial crisis, India has emerged one of those nations, which believes the saying "money talks" more than people in other countries, and typically thinks that cash is very important. According to the World Journal, a public survey launched by Reuters and Ipsos, India ranks fourth with 78 percent of its people placing greater value on money after the financial crisis, which is followed by Russia, Turkey and Brazil. But, there are84 percent of respondents from China, Japan and Korea. "Money confirms a person's success" is a common opinion among people from these countries. 69 percent of Chinese and Korean's agree, while 67 percent of Indian's and 63 percent of Japanese support it too. However, most European people, especially the Dutch at 50 percent, think money is no more important than before. Following the Dutch, Mexican's, German's, Briton&#
Read more