The Bill and Melinda Gates Foundation, with an endowment of nearly $50 billion, donates some $5 billion annually to global causes. The foundation says it has spent $54.8 billion since 2000 on malaria, polio, ebola and other programmes.
Ask anyone who the world’s all-time richest person is and you’ll probably hear Bezos, Mark Zuckerberg, Gates or Warren Buffett - but that is of course, wrong.
The release of Prince Khalid bin Talal, brother of billionaire Prince AlWaleed bin Talal, was confirmed by at least three relatives, as Riyadh now appears gathering internal royal family support to defuse crisis sparked by Jamal Khashoggi's murder.
Apple’s market capitalisation on Thursday topped a record $934 billion, and while it may be the first t hit the trillion-dollar mark, Amazon.com could soon surpass it.
Accusing Iran of not living up to "the spirit of the agreement", Trump has threatened to pull the US out of the Iran nuclear pact that the Obama administration had signed off on. That and the Venezuela crisis have driven oil prices higher.
At Berkshire Hathaway Inc's annual shareholder meeting, Buffett credited Apple with developing "extremely sticky" products to which consumers become attached and endorsed Apple's decision to buy back its own stock.
Oxfam in its latest report says four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest one percent, and half of the poorest people in the world did not get anything.
An Oxfam report published to coincide with the week-long World Economic Forum in Davos, Switzerland, says the world's eight richest people, all men, are as wealthy as the planet's 3.6 billion poorest people.
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