Bill Gates is still the richest man on planet Earth
Forbes has published their latest list of the richest individuals in the United States.
As expected, Microsoft co-founder Bill Gates is at the top with a net worth of USD 50 billion.
His close friend Warren Buffett of Berkshire Hathaway is second with a [...]
Forbes: 793 billionaires in world today
Finance magazine Forbes has come out with their latest list of the world’s billionaires.
The list has shown the effect of the global economic crisis.
The number of billionaires on the list has fallen down from 1,125 individuals to 793 today. This is a decline of around 30% in [...]
Warren Buffett could acquire some AIG units
Billionaire investor Warren Buffett has said in a statement that he is considering acquiring some of the units of AIG.
Warren Buffett is the owner of the Berkshire Hathaway Inc insurance and investment company.
AIG is in the process of being bailed out of bankruptcy by the US government.
Buffett said [...]
Mars Inc acquires Wm Wrigley Jr Co
Mars Inc has announced that they are collaborating with Warren Buffett to acquire Wm Wrigley Jr Co.
The deal is worth around $23 billion and it has now created the world’s largest confectionery company.
This acquisition deal would give Berkshire Hathaway a stake of around 10% in Wrigley which would now [...]
NetJets arrives in India in collaboration with Shreyans
NetJets has announced their arrival in the Indian market. The aviation company has a fleet size of 750 aircraft worldwide and they are now going to cater to Indian customers.
The company announced that they are partnering with Shreyans for the Indian market. Ashish Chordia, CEO of Shreyans spoke [...]
Warren Buffett is the richest man on earth
Forbes magazine has reported that Warren Buffett has overtaken his friend Bill Gates to become the world’s richest man.
In fact, as per the report Carlos Slim has also overtaken Gates and is now the second richest man in the world.
Bill Gates has been listed at the third spot [...]
Bill Gates remains the richest individual in USA
Bill Gates global position might be in threat but he continues to remain the richest individual in the USA.
He has now stayed at the top for 14 years in a row in the list published yearly by the Forbes magazine. He is followed by close friend Warren Buffett. [...]
