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Posts Tagged ‘Bill Gates’

All about BitCoin?

Posted by Ram Kumar Shrestha on October 27, 2017


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Success Secrets of the Super Rich

Posted by Ram Kumar Shrestha on January 29, 2015


WARREN BUFFETT “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”


ANDY GROVE  “You have to pretend you’re 100 percent sure. You have to take action; you can’t hesitate or hedge your bets. Anything less will condemn your efforts to failure.”

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Bill Gates drinks water distilled from human faeces

Posted by Ram Kumar Shrestha on January 16, 2015

Bill Gates has drunk a glass of water made from human faeces, to showcase technology he said could provide clean water in the developing world.

The Microsoft founder said he wanted to begin sending processing plants around the world after tests later this year.

The project was welcomed by WaterAid, which said that it could particularly help in urban areas.

According to the charity, some 748 million people worldwide lack clean drinking water.

In a video posted on his blog, Mr Gates watched as the human waste was fed into the processor, before drinking the end product from a glass. Read the rest of this entry »

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Bill Gates back on top of Forbes billionaire list

Posted by Ram Kumar Shrestha on March 4, 2014

Bill Gates (AFP Photo / Mark Graham)Bill Gates (AFP Photo / Mark Graham)
Microsoft founder Bill Gates has regained top spot as the richest man in the US and the world. His net worth is estimated at $76 billion, $4 billion higher than Mexican telecom mogul Carlos Slim, who topped the Forbes rich list for the past 4 years.

1. Bill Gates
Net Worth: $76 B
Source of wealth: Microsoft

4. Warren Buffett
Net Worth: $58.2 B
Source of wealth: Berkshire Hathaway

5. Larry Ellison
Net Worth: $48 B
Source of wealth: Oracle  Read the rest of this entry »

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Gates, Buffett Giving Pledge Gets Richard Branson, 11 Overseas Billionaires To Donate Half Fortune

Posted by Ram Kumar Shrestha on February 20, 2013



Richard Branson, ever the pacesetter, is piloting something new — but it has nothing to do with travel.

The founder of Virgin Group and his wife, Joan, are part of the first cohort of non-U.S. billionaires who have signed up to give away half their wealth to charity through the Giving Pledge.

Twelve signatories from countries including Russia, South Africa, Australia, Germany, India, the United Kingdom, Ukraine and Malaysia have signed on to the non-binding moral contract started by Warren Buffett and Bill and Melinda Gates in 2010. The pledge aims to give wealthy people more authority over where their fortunes are donated during their lifetime.

The Giving Pledge initially included only U.S. billionaires because, as Buffett told Forbes, “I felt we had our hands full in the U.S.”

But going international was no easy task, Forbes reported. Gates and Buffett held dinners with deep-pocketed leaders in places such as China and Saudi Arabia, encountering cultural barriers such as a desire to preserve family wealth.

Differences aside, many of the benevolent billionaires decided to give for the same reasons U.S. pledgers donate: Newly enlisted international signatories said they see giving back as integral to their business ventures. Read the rest of this entry »

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Posted by Ram Kumar Shrestha on June 2, 2012

Fighter ... Gina Rinehart and daughter Ginia are on one side of a bitter family feud that the mining billionaire has repeatedly tried – and failed – to keep out of the media. Photo: Ron D’Raine

Fighter … Gina Rinehart and daughter Ginia are on one side of a bitter family feud that the mining billionaire has repeatedly tried – and failed – to keep out of the media. Photo: Ron D’Raine

Australian mining magnate Gina Rinehart is the world’s richest woman, parlaying a family fortune into vast wealth that may have put her on a trajectory to become the world’s richest person.

In a stunning feat for the intensely private businesswoman,BRW’s 2012 Rich 200 calculates that Rinehart has overtaken Walmart heiress Christy Walton to cement her place among the world’s wealthy elite.

According to the Rich 200, out on Thursday, Rinehart’s personal fortune has swelled to $29.17 billion, eclipsingWalton’s $US25.3 billion ($25.89 billion) net worth – as calculated by Forbes magazine – and knocking the American off a perch she has held for seven years.

All the more impressive, it was only a year ago that Rinehart catapulted herself to the top of Australia’s rich with a mining fortune of $10.3 billion, the first time an Australian’s wealth had ever been calculated at more than $10 billion.

Rinehart’s rise has her threatening the lower rungs of Forbes’ 10 richest people in the world and validates views among some that the Perth-born billionaire could one day challenge the likes of Mexico’s Carlos Slim Helu and Microsoft’s Bill Gates, who are valued at $US69 billion and $US61 billion respectively.

But the path to fabulous riches as not been easy.

When Rinehart, 58, famously told her father’s biographer that nothing would stand in the way of the House of Hancock, she was making the point that Hancock Prospecting was her destiny and anyone – or anything – that got in her way would do so at their peril.

Rinehart was 25 when she fired the warning shot. Read the rest of this entry »

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In Favour of Philanthropy

Posted by Ram Kumar Shrestha on April 17, 2012

By Tony Blaire, former prime Minister of Britain

One of the most unanticipated lessons I learnt from my 10 years as British Prime Minister, was not about the power of government but its limitations. There are, of course, things that only government can do and reforms only government can enable. The profile of government, however, as the sole means of effecting change and therefore the vehicle into which all efforts for change should be put, is misleading and wrong.

When first elected you think: you have got the top job; you know what you want to do; you set it out campaigning for office; surely, once you have the top job, the decisions will be made, the action will follow. My first term was a learning experience in the difference between intention and delivery, between saying and doing. The perception may be the absolute power of the top person; the reality is one in which you are regularly blocked by politics, by bureaucracy, by the innate tendency to inertia of a system designed to manage the world not change it.

In my second term, I created systems to break the blockage: government working together with the private and philanthropic sectors to implement change. And in terms of reform the second five years were much more radical in many ways than the first.

Part of the difference lay in appreciating the extraordinary and dynamic role of the Philanthropic sector. Today’s 11th Global Philanthropy Forum registers an opportunity to see how far this sector has developed and how much more it could develop further. Read the rest of this entry »

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A Chinese Peace Prize Names This Year’s Winner. Ummm, Vladimir Putin?

Posted by Ram Kumar Shrestha on November 15, 2011


Russia's Prime Minister Vladimir Putin speaks while chairing a meeting with activists of the All-Russian People's Front in Moscow on October 26, 2011. (Alexander Zemlianichenko / AFP / Getty Images)

Guess who is this year’s messenger of peace? Why it’s Vladimir Putin. In September, an obscure Chinese cultural organization revealed the finalists for the second annual Confucius Peace Prize, an award that suddenly popped out of nowhere last year after imprisoned Chinese writer Liu Xiaobo won the 2010 Nobel Peace Prize. The first Confucius Peace Prize, which was ridiculed as a clumsy attempt to divert attention from the fact that the world’s most famous peace prize had just gone to a jailed Chinese dissident, went to Lien Chan, a veteran Taiwan politician. Taiwan’s former Vice President didn’t even know he had won, and in a very curious ceremony a couple days later, a confused-looking little girl picked up the award in his stead.

But it was only after this year’s finalists were announced that the Confucius Peace Prize got really wacky. First the Chinese Ministry of Culture said that, ahem, it had nothing to do with the award, even though the organizers—including a poet named Qiao Damo, who nominated himself as one of the 2010 finalists—implied it did. The ministry went on to disband the cultural organization that was sponsoring the prize. Some people assumed that meant the wannabe Nobel would quietly fade away.

Cue up another group of Chinese academics, including one of the former judges of the original prize, who said that they were setting up the Confucian World Peace Prize—with Ministry of Culture approval. Yes, that would be the same prize name, with the addition of the word “world.” The Confucian World Peace Prize would hold its award ceremony on December 9, its organizers said. Read the rest of this entry »

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The First Trillionaire: How long until the world’s richest person is worth more than $1 trillion?

Posted by Ram Kumar Shrestha on September 21, 2011

By Annie Lowrey

Monday, the White House proposed a new tax bracket for millionaires and billionaires, part of a$4.4 trillion proposal to

Bill Gates is worth an estimated $56 billion

rein in the country’s debt. Republicans such as Rep. Paul Ryan have called the proposal “class warfare,” but Obama defends it as only fair. Since the recession hit, the country’s rich have kept on getting richer. In fact, the flourishing of the ultra-rich raises an interesting thought experiment: In a world in which a lucky hedge fund manager can makebillions in a single year, when will we get our first trillionaire?

The answer depends on variables including inflation, tax rates, and overall economic growth. In a first case, let’s assume that our hypothetical trillionaire is actually only as rich as today’s richest American, Bill Gates, whose estimated net worth is $56 billion. Since inflation slowly erodes the value of the dollar, it will be easier and easier to hit the trillion-dollar mark as time goes on. (We were all once Zimbabwean trillionaires, after all.) If the United States averages 3 percent annual inflation, and the richest American’s fortunes keep up with Gates’, America would have a trillionaire in 98 years. But now let’s assume that the richest American’s fortune not only matches the rate of inflation, but outpaces it by, say, an additional 3 percent a year. At that rate, we should have a trillionaire in 50 years.

Even that may be a conservative estimate, considering how fast the super-rich have been getting super-richer. Gauging how quickly the richest American’s net worth is increasing is a tricky exercise, given that for the past 15 years it has mostly meant tracking the worth of just one individual—Bill Gates. (His friend Warren Buffett, the billionaire namesake of Obama’s millionaire’s tax, briefly topped him in 2008.) His worth has plunged and climbed along with the price of Microsoft’s stock, peaking at the height of the tech bubble in 1999 at an eye-watering $90 billion. But at an average pace of growth, between 4 and 9 percent per year, the richest American could possess a trillion sometime between 2050 and 2085, presuming no major changes to the tax code and a healthy economy otherwise. Read the rest of this entry »

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Vladimir Putin: A Candidate for China’s Version of the Nobel Peace Prize

Posted by Ram Kumar Shrestha on September 19, 2011


Last year, a day before the imprisoned Chinese writer Liu Xiaobo was awarded the Nobel Peace Prize in absentia in

Russia's Prime Minister Vladimir Putin speaks during a regional conference of his United Russia party in Cherepovets, Russia, September 5, 2011. (Photo: Alexei Nikolsky / RIA / Reuters)

Norway, a group of Chinese scholars with ties to the Chinese Culture Ministry announced the victor in the inaugural Confucius Peace Prize. According to the 100,000-yuan (around $16,130 at today’s exchange rate) award’s curious announcement, the Chinese award was created because “China is a symbol of peace…it owns the absolute power to uphold peace…Norway is only a small country with scarce land area and population…it must be in the minority…concerning the conception of freedom and democracy.” Subtle the Confucius Prize was not.

Last year’s winner, Taiwan’s former Vice President Lien Chan, who bettered relations between mainland China and his home island, failed to show up at the Beijing award ceremony. In fact, he had no idea he had won until the press contacted him the day before. To avoid embarrassment, the prize was handed to a solemn little girl who was officially dubbed an “angel of peace.” China-watchers might have been excused for thinking this crude attempt to promote an alternative peace prize would quietly wither. Read the rest of this entry »

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Vaccine funding: David Cameron announces new £814m donation boost

Posted by Ram Kumar Shrestha on June 13, 2011

More than £800 million will be donated by Britain to vaccinate tens of millions of children against a raft of fatal diseases, David Cameron announced on Monday.

Andrew Hough

By Andrew Hough

The Prime Minister said the new funding arrangement, announced at a global vaccine conference in central London, vaccinate more than 80 million children against diseases such as pneumonia and diarrhoea.

Britain and billionaire Bill Gates together pledged more than $2.3 billion (£1.4 billion) at an international donor conference on Monday to fund vaccination programmes to protect children in poor countries.

Speaking at the Global Alliance for Vaccines and Immunisation (Gavi) conference in London, Mr Cameron said the new funding pledge would help save 1.4 million lives in the developing world over the next five years. Read the rest of this entry »

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The Real Successes of Foreign Aid

Posted by Ram Kumar Shrestha on May 23, 2011

Dear Bill Gates,
Very important point to be kept in mind: record shows that most of the money spent through charity comes back to donor countries themselves through their highly paid human resources and facility provided to them. Unless we develop system to minimize this Aid objectives will not be fulfilled. So we need proper strategies­.
Read the Article at HuffingtonPost

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Bill Gates Was Puzzled By Gmail’s Size, Book Reports

Posted by Ram Kumar Shrestha on April 14, 2011

Bill Gates puzzled, but should I? I don’t think so.
Read the Article at HuffingtonPost

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World’s Billionaires 2011: A Record Year In Numbers, Money And Impact

Posted by Ram Kumar Shrestha on March 10, 2011

Congratula­tion! Think about other people as well rather than yourself. This is the direct link form Forbes: http://www­.mybanktra­­ank-news/2­011/03/09/­forbes-ric­hest-peopl­e-world-20­11-carlos-­slim-helu-­takes-top/
Read the Article at HuffingtonPost

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Bill Gates No Longer World’s Richest Man After Giving Away Billions

Posted by Ram Kumar Shrestha on March 8, 2011

This is almost retire time for him.
Read the Article at HuffingtonPost

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