Bill Gates

Bezos a $100 bn man as Amazon rises on cyber shopping

San Francisco - Muslimchronicle

Amazon founder Jeff Bezos was a $100-billion man on Monday as the online retail colossus raked in cash from the holiday weekend's cyber shopping spree. Forbes magazine's real-time ranking of the richest people had Bezos on top, with a personal net worth of $100.3 billion. Microsoft co-founder Bill Gates saw his net worth climb to a dizzying $89.4 billion but was relegated to beingRead more

Bill Gates giving $50 million for Alzheimer's research

Washington - Muslimchronicle

Microsoft co-founder Bill Gates announced Monday that he is investing $50 million to fund research into treatment for Alzheimer's disease. Gates, in an entry on his blog, said he was making the investment from his personal fortune and not with his charitable Bill & Melinda Gates Foundation. "Of all the disorders that plague us late in life, one standsRead more

Bill Gates warns conflicts stoke risk of global pandemic

Munich, Germany - Arab Today

War and turmoil go hand-in-hand with disease and are the most likely agents to produce a global pandemic capable of killing millions of people, Bill Gates said on Saturday. “War zones and other fragile state settings are the most difficult places to eliminate epidemics,” Gates told the Munich Security Conference. “They’re also some of the most likely places for themRead more

Melinda Gates Says Trump Abortion Order Could Affect Millions

Washington – Arab Today

U.S. President Donald Trump's block on U.S. funds going to organizations involved in abortion care overseas could impact millions of women, Bill and Melinda Gates have warned, the Guardian reported on Tuesday. The Microsoft founder and billionaire philanthropist runs the Bill and Melinda Gates Foundation with his wife, focusing on health and education worldwide. "We're concerned that this shift couldRead more

The 8 wealthiest men in the world

Dubai - ArabToday

1 Bill Gates US founder of Microsoft $75 billion (Dh275.5 billion) 2 Amancio Ortega Spanish founder of Inditex, Zara fashion chain $67 billion 3 Warren Buffett US CEO, largest shareholder in Berkshire Hathaway $60.8 billion 4 Carlos Slim Helu Mexican owner of Grupo Carso $50 billion 5 Jeff Bezos US founder, chairman, chief executive of Amazon $45.2 billion 6 MarkRead more

Focus: College For Entrepreneurs

Abu Dhabi - Arab Today

Some of the most successful entrepreneurs in the world don’t have a college degree — Bill Gates, Steve Jobs, Mark Zuckerberg, Richard Branson, to name a few. Considering the costs of education, financially and timewise, do aspiring businesspeople really need college to prosper? Is it better to learn through experience? What do they need to get ahead? Are there otherRead more

Energy innovation is focus of Gates-led $1bn fund

Miami - Arab Today

Bill Gates is leading a coalition of powerful investors committing more than one billion dollars to clean energy innovations in the fight against climate change, his foundation announced on Monday. The fund, Breakthrough Energy Ventures, includes Amazon founder Jeff Bezos, Virgin founder Richard Branson, philanthropist George Soros and Facebook’s Mark Zuckerberg. The venture “will finance emerging energy breakthroughs that canRead more

Bill Gates: Saudi youth key to realizing Vision 2030

Jeddah - Arab Today

Microsoft cofounder and philanthropist Bill Gates believes young people in Saudi Arabia are key to the country achieving its Vision 2030 reform plan. Gates is set to give a video address at the inaugural MiSK Global Forum, which opens today in Riyadh, in which he will encourage Saudi youth to seize new opportunities. The chair of one of the world’sRead more

Bill Gates-inspired anti-poverty initiative takes shape in Jeddah

Jeddah - Arab Today

Two years after Bill Gates announced a major fund to fight poverty, the initiative took shape in Jeddah on Thursday. The Lives and Livelihoods Fund will invest $2.5 billion over the next five years on projects that help the poorest people in 30 of the poorest Muslim countries lead healthy and productive lives. The Islamic Development Bank (IsDB) held theRead more

Chan Zuckerberg pledges $3bn to fight disease

San Francisco - Arab Today

Facebook Chief Executive Mark Zuckerberg and his wife Priscilla Chan pledged more than $3 billion toward a plan to “cure, prevent or manage all disease within our children’s lifetime.” Speaking through tears at a San Francisco event to announce the initiative, Chan said she hoped to spare parents the pain she had seen while delivering difficult news as a pediatrician.Read more