March 10 at 9:03 a.m.
Filed under:
International
By Reuters
Carlos Slim. (Mohamed Azakir/Reuters)
Rising global commodities prices and Asia’s economic boom led to a big increase in the number of billionaires in Russia, China and Brazil in 2011.
China nearly doubled its number of billionaires to 115, while Russia and Brazil posted two-third jumps to 101 and 30, respectively, Forbes said in its annual list of the world’s richest people.
It was the first time any country outside the United States, which has 413 billionaires, had more than 100. Moscow is now home to the most people on the list with 79 billionaires, easily outstripping New York, which has just 58. The world’s richest man, Mexican tycoon Carlos Slim, retained his crown for the second year in a row and made more money than any of the other 1,209 billionaires in the past year: $20.5 billion, taking his fortune to $74 billion. Get the full story »
Dec. 9, 2010 at 8:29 a.m.
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By Reuters
Joe and Rika Mansueto at their home in Chicago on May 9, 2008. (Handout)
Another 17 U.S. billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz as well as Morningstar’s Joe Mansueto, have pledged to give away at least half their fortunes in a philanthropic campaign led by Warren Buffett and Bill Gates.
A total of 57 billionaires now have joined The Giving Pledge, which was launched by Microsoft founder Gates and investor Buffett in June. The campaign announced the new pledges in a statement late Wednesday.
Gates, his wife Melinda, and Buffett have asked U.S. billionaires to give away at least half their wealth during their lifetime or after their death, and to publicly state their intention with a letter explaining their decision. Get the full story »
By Reuters
Microsoft Corp said on Monday that chief software architect Ray Ozzie, the man who took over that role from co-founder Bill Gates, would retire and not be replaced.
The move signals a new phase in Microsoft’s shift toward cloud computing, which Ozzie championed, and cements control of the company’s direction under Chief Executive Steve Ballmer. Get the full story »
