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Forbes magazine reported that, according to the billionaires rating, the fortune of Microsoft founder Bill Gates last week for the first time since 1999 exceeded 100 billion dollars. Gates managed to achieve this against the backdrop of rising Microsoft stock value ahead of the company's expected financial report on April 24. Since the beginning of last week, Microsoft shares went up by 2% and on Thursday reached a maximum value of 123 dollars 52 cents per share. Currently, the fortune of Bill Gates is estimated at 100 billion 610 million dollars. In the Forbes ranking, Bill Gates is second only to Amazon CEO Jeff Bezos, whose fortune is $152 billion 950 million.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
Property data and analytics company CoreLogic Inc on Tuesday rejected another $7 billion buyout offer, seeing it inadequate after meeting with the two bidders, investment firms Cannae Holdings Inc and Senator Investment Group LP. Cannae ...
Alibaba Group Holding Ltd's (BABA) co-founder Jack Ma sold $8.2 billion worth of shares, reducing his stake in the company over the past year from 6.2% to 4.8%. The Chinese e-commerce company released its annual report on Friday. The divestment ...
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