'When you're young your first million is important, but after, the numbers don't mean much'
One per cent of Amazon CEO Jeff Bezos wealth was the equivalent to the entire health budget of Ethiopia, a country of 105 million people.
NEW YORK: Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated. The magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, ahead of the $90 billion for Gates. Bezos owns around 17 percent of the equity of Amazon, which has been expanding from its original mission as an online retailer to a diversified tech firm in cloud…
NEW YORK: Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world's more than 2,000 billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday. Gates, whose wealth is estimated at $86 billion, led the list for the fourth straight year, and has been ranked as the richest person in the world for 18 of the past 23 years. Among the top 10 billionaires, a group heavily dominated by Americans, many from the technology sector, Gates was followed by…
The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.