Forbes Releases List of World's Billionaires 2011
Forbes Releases List of World's Billionaires 2011
This is Forbes' 25th year of tracking global wealth and it was one to remember. The 2011 Billionaires List breaks two records: total number of...
Microsoft Chairman Bill Gates has cut his stake in the world's largest software maker -- which he co-founded -- by 13% over the past year, InformationWeek reported.
Investors are buying into the meme that Windows is dying -- and therefore Microsoft is as well. While tablets are clearly cutting into the giant's core PC business, Microsoft is also showing remarkable agility in building new franchises for the future, the Kinect for one.
To wrap your head around how much someone like Larry Ellison makes, try comparing his compensation to the median income of an American household, $49,777. His 2008 take of $543 million is the equivalent the annual earnings of 10,908 average American families.
Facebook founder Mark Zuckerberg and sixteen other billionaires have recently signed on to The Giving Pledge, a philanthropic campaign that commits them to give at least half of their fortunes to charity.
Retirement these days doesn't sound like much fun. Too much scrimping and saving and trying to figure out how to turn a lousy Social Security payment...
Among Monday's top online stories for investors: why silver could be the best commodity investment right now, ten new iPad killers you can buy this year, and good investment book gift ideas.
Bill Gates delivered a speech Friday criticizing school pay structures, urging the 50 state superintendents of education to end teacher pay increases based on seniority and education level, and restructure the nation's public education budgets based on excellence.
The Bill & Melinda Gates Foundation gave $50 million for new programs at the Smithsonian Institution. Thirty million dollars of that will go towards programs aimed at underserved students in school districts across the United States, The Associated Press reported.
By Nicole Perlroth and Michael Noer, Forbes.com There are 6.8 billion people on the planet. These are the 68 who matter. We are fascinated by...
Ray Ozzie, Microsoft's chief software architect, was the perfect visionary foil to strategy-obsessed CEO Steve Ballmer. His entrepreneurial thinking pushed the stodgy software giant into cloud computing and SaaS, and got it back into the mobile OS race. Can anyone fill his soon-to-be-vacated shoes?
The tech giant's board gave Steve Ballmer high marks for the move into cloud computing and the successful releases of several server and enterprise software products. But his bonus took a hit due to the unsuccessful launch of the Kin handset.
Microsoft co-founder Bill Gates remains the richest American with estimated assets of $54 billion, according to Forbes magazine's annual ranking of...
India's Mukesh Ambani may not be a household name like billionaires Bill Gates or Warren Buffett, but that may just be a matter of time.
Duquesne Capital Management founder Stanley F. Druckenmiller is joining an elite group: billionaires who have stepped down from their top executive...
Warren Buffett turns 80 on Monday, an age at which most people have been retired for a decade. This seems as good a time as any to take stock of a remarkable life in business.
Forty of the richest people in the United States, Bill Gates and Warren Buffett among them, have challenged other magnates to match their largesse by...
Some of the best reads for investors from around the Web, including the stock with the best analyst rating on the S&P 500 and Bill Gates's 10 life rules.
Business News You Need Today: Aug. 5, 2010
Famed investor Warren Buffett announced that 40 billionaires have committed to donate at least 50% of their fortunes to charity as part of the Giving Pledge, a project that targets America's richest to pledge to donate their wealth.
Colonel Sanders pulled it off, and so has Steve Jobs. Yet few companies allow one individual to represent their brand. Why not? The risks are large, and, well, few CEOs are actually good at it.
Microsoft (MSFT) co-founder Paul Allen plans to give away most of his $13.5 billion fortune. In a statement, Allen said that his "philanthropic efforts will continue after my lifetime" Allen co-founded Microsoft with Bill Gates in 1975. He left the company in 1983 and became an investor in a range of industries including media and cable.
With the successful IPO of electric-car makers Tesla Motors (TSLA) -- among many other factors -- any company focused on the internal combustion engine would appear to be be far behind the times. Yet, there are savvy investors who still think its imminent demise has been greatly exaggerated.
As oil continues to gush into the Gulf of Mexico from BP's damaged well, the federal government is pouring a bit more money into alternative energy sources with a grant to groups working on turning algae into a commercially viable fuel.
Some of Monday's top online stories for investors, including detailed maps of the oil spill, a long-term looks at gold prices, and Warren Buffett encourages wealthy Americans to pledge half their money to charity.
Daily Blogwatch: Among today's top online stories for investors are why Credit Suisse downgraded First Solar, why BP will get off easy, and what Freakonomics has to say about no-fault divorce.
Bill Gates and Warren Buffet want American billionaires to contribute half of their wealth to charity. The two have been campaigning for the past...
Detroit's Justin Bullock must know what it's like to win the lottery. Except for the Renaissance High grad, it's his talent, and not luck, that led...
Parents of less-than-perfect offspring, take heart: It turns out, perhaps not surprisingly, that Harvard University drop-out, Microsoft co-founder and billionaire philanthropist Bill Gates was, at times, a difficult kid, at least according to his father.