inheritance

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  • samsung leadership

    Disgraced Samsung heir likely won't give company control to his children

    by 
    Rachel England
    Rachel England
    05.06.2020

    Jay Y. Lee wants to end the controversy regarding succession of managerial rights at Samsung.

  • Bill Gates' kids 'aren't deprived,' they have Zunes

    by 
    Amar Toor
    Amar Toor
    06.13.2011

    Bill Gates doesn't give too many interviews, but the Daily Mail's Caroline Graham sure managed to get a lot out of him during their recent sitdown. Gates spent much of the time discussing his global health foundation, which, according to him, has become "full-time work for the rest of my life." And, while he acknowledged that he's still involved with Microsoft on a "part-time" basis, he reaffirmed that he has no desire to return to the throne. Does this mean he's finally ready to lift his household's notorious Apple embargo and allow his kids to own iPods? Not exactly: "They have the Windows equivalent. They have a Zune music player, which is a great Windows portable player. They are not deprived children." Hear that? Bill's kids aren't in need! In fact, they even earn allowances and "do chores," just like your kids. Sure, their pops may have billions of dollars stowed away under his mattress, but he says his offspring will only receive a "minuscule portion" of that fortune. Cue the violins.