Tag Archives: Bill Gates

Bill Gates Donates $50M To Alzheimer’s Research

The Associated Press reports: Bill Gates says he’s giving $50 million to help fight Alzheimer’s disease. The Microsoft co-founder said Monday that the donation to the Dementia Discovery Fund is personal and not through his charitable foundation. The London-based private fund is backed by government, charities and pharmaceutical firms and seeks new treatments for the progressive, irreversible neurological disease. Gates ...

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Gates, Bezos, Buffett: America’s Three Richest People Are As Wealthy As 50% Of US Households Combined

The Guardian reports:  The three richest people in the US – Bill Gates, Jeff Bezos and Warren Buffett – own as much wealth as the bottom half of the US population, or 160 million people. Analysis of the wealth of America’s richest people found that Gates, Bezos and Buffett were sitting on a combined $248.5bn (£190bn) fortune. The Institute for ...

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Amazon CEO Jeff Bezos Made $10 Billion Today

CNN Money reports: Amazon stock jumped 13.5% on Friday after the company turned in another incredible earnings report — more than a quarter-billion dollars in profit in three months. CEO Jeff Bezos owned nearly 80 million shares in Amazon as of August, according to the most recent available data from FactSet. He made more than $10 billion from the one-day ...

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African Nations To Get Generic HIV Drugs At $75 Per Year Per Patient Under Bill Gates Foundation Guarantee

Reuters reports: Makers of generic AIDS drugs will start churning out millions of pills for Africa containing a state-of-the-art medicine widely used in rich countries, after securing a multi-million dollar guarantee that caps prices at just $75 per patient a year. Global health experts hope the deal will help address two looming problems in the HIV epidemic – the rising ...

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Jeff Bezos On Brink Of Becoming World’s Richest Man

The Guardian reports: Just a few dollars more on the Amazon share price and the world will have a new richest man. Jeff Bezos, the company’s founder, is on the brink of overtaking Bill Gates to become the wealthiest person on the planet. Bezos, 53, has been having a very good year. His net worth has risen by almost $20bn ...

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Trump Drops 220 Spots On Forbes Richest List

FAKE NEWS! The BBC reports: Microsoft founder Bill Gates again tops Forbes’ list of the world’s richest people, in a year when the number of billionaires rose 13% to 2,043. According to the magazine’s annual rich list, Mr Gates’ fortune rose to $86bn, from $75bn, followed by investor Warren Buffett, up $14.8bn to $75.6bn. It was bad news for US ...

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Bill Gates Calls For Robotics Tax To Offset Jobs Lost To Automation And Fund Other Types Of Employment

Yes, really. Quartz reports: Robots are taking human jobs. But Bill Gates believes that governments should tax companies’ use of them, as a way to at least temporarily slow the spread of automation and to fund other types of employment. It’s a striking position from the world’s richest man and a self-described techno-optimist who co-founded Microsoft, one of the leading ...

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Bill Gates Funds Implantable PrEP Pump

GeekWire reports: The Bill & Melinda Gates Foundation is committing up to $140 million to help Boston biotech company Intarcia Therapeutics develop an HIV prevention device. The funds will help Intarcia adapt its Medici technology program to deliver a steady stream of HIV medication to healthy patients over an extended period of time. The matchstick-sized device is similar to a ...

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Bill Gates Meets Trump, Compares Him To JFK [VIDEO]

CNBC reports: President-elect Donald Trump has an opportunity to establish “American leadership through innovation,” Bill Gates told CNBC on Tuesday. “A lot of his message has been about … where he sees things not as good as he’d like,” the billionaire Microsoft co-founder said on “Squawk Box.” “But in the same way President Kennedy talked about the space mission and ...

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2016 Presidential Medal Of Freedom Honorees: Ellen DeGeneres, Robert De Niro, Bruce Springsteen, Others

Note that two of this year’s honorees, De Niro and Springsteen, are among the loudest Trump critics. CBS News reports: The White House on Wednesday announced the recipients of the Presidential Medal Of Freedom, the nation’s highest civilian honor. The prestigious accolade is given to people “who have made especially meritorious contributions to the security or national interests of the ...

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Gates Foundation Gives $6M To HIV Vaccine Study

The Gates Foundation has donated nearly $6M to a promising HIV vaccine study underway at Florida Atlantic University. Via University Press: The vaccine, created by Scripps Research Institute professor Michael Farzan, has showed consistently effective results after being tested on lab animals. The grant from the Bill and Melinda Gates Foundation will help fund his research for the next four ...

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Billionaires Could Buy These Cities

The Redfin Research Center has compared the median home prices in major US cities to the estimated wealth of well-known billionaires. Just how rich is Bill Gates? According to Forbes, he’s the world’s richest person and is worth $77.5 billion. But that kind of wealth is hard to wrap your head around, so let’s put it another way: Gates could ...

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VANCOUVER: Foreskin “Intactivists” To Protest TED Talk By Bill Gates

Via Vancouver 24: Bill Gates is the most highly anticipated speaker at the TED Talks in Vancouver on Tuesday – but the Microsoft founder’s philanthropic work is being protested by “pro-foreskin” activists. The Canadian Foreskin Awareness Project has criticized a program funded by the Bill and Melinda Gates Foundation, which it said granted more than $160 million for 14 African ...

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Forbes Issues Updated Billionaires List

Forbes writes: The combined wealth of the Forbes’ 2013 ranking of the richest people in America is $2 trillion, up from $1.7 trillion in 2012 and the highest ever, due in part to the strength of both the U.S. stock and real estate markets. The average net worth of a Forbes 400 member is a staggering $5 billion, the highest ...

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Bill Gates Will Pay For A Better Condom

Bill Gates has issued a “grand challenge” for a better condom and is offering a $100,000 prize to the start-up that comes up with a “next-generation” version. From the challenge site: We are looking for a Next Generation Condom that significantly preserves or enhances pleasure, in order to improve uptake and regular use. Additional concepts that might increase uptake include ...

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Bill Gates: Boy Scout Should Lift Gay Ban

(Via Towleroad)

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Forbes Issues 2013 Billionaires List

According to Forbes Magazine, there are presently 1342 billionaires in the world. Other notables on the list: Michael Bloomberg (#13, $27B), Jeff Bezos (#19, $25B), Sergey Brin (#21, $23B), George Soros (#30, $19B), Mark Zuckerberg (#66, $13B), Rupert Murdoch (#91, $11B), Giorgio Armani (#131, $8B),  Donald Trump (#423, $3B),  Oprah Winfrey (#503, $3B), and Peter Thiel (#931, $1.6B).

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The Gates Give $500K To WA Marriage

Bill and Melinda Gates have donated $500,000 to Washington state’s campaign to uphold same-sex marriage. The donation was announced Tuesday by Washington United for Marriage, which is working to approve Referendum 74. The donation was made on Oct. 15, but didn’t publicly post online with the Public Disclosure Commission until Tuesday. Referendum 74 asks voters to either approve or reject ...

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Billionaires Are More Billionaire-y

Forbes has issued its annual list of the richest Americans and notes that things are going fantastically well for the nation’s billionaires. A big stock market rally, a rebound in the real estate market, and rising values in the art market helped pump up the net worth of these 400 billionaires by 13%, Forbes said. Mayor Michael Bloomberg is among ...

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WASHINGTON STATE: Microsoft Heads Ballmer & Gates Donate To Marriage

Microsoft founder Bill Gates and CEO Steve Ballmer have each donated $100,000 to Washington state’s marriage equality movement. The AP cites Zach Silk, campaign manager for Washington United for Marriage, who says the checks were cut on Friday and are being reported to the state Public Disclosure Commission Monday afternoon. The Washington state Legislature passed the law allowing same-sex marriage ...

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