wealth

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  • Reuters/Isaiah J. Downing

    Amazon founder Jeff Bezos is now the richest person in recent history

    by 
    Jon Fingas
    Jon Fingas
    07.17.2018

    Jeff Bezos has been one of the world's wealthiest people for a while, but he's now set a new record: he's the wealthiest person in recent history. The Amazon founder's net worth has topped $151 billion according to Bloomberg's Billionaires Index, making him not only the world's richest person as of this writing (former frontrunner Bill Gates is worth $95.3 billion), but the richest in modern times. If you adjust for inflation, Gates would have been worth $149 billion for a brief period in 1999.

  • Lindsey Wasson / Reuters

    Jeff Bezos’ master plan is to have no plan

    by 
    Cherlynn Low
    Cherlynn Low
    02.01.2018

    The richest man in the world has been using his wealth in unexpected ways. Jeff Bezos announced this week that Amazon would create an independent company with JPMorgan and Warren Buffett's Berkshire Hathaway. The new venture seeks to keep employee health-care costs under control and will initially focus on technology that would "provide U.S. employees and their families with simplified, high-quality and transparent healthcare at a reasonable cost."

  • Bill Gates regains title of world's richest person as Microsoft stock hits five-year high

    by 
    Donald Melanson
    Donald Melanson
    05.16.2013

    Bill Gates may be more philanthropic than ever since leaving the top job at Microsoft, but he still owns a ton of stock in the company, which today just so happened to close at a five-year high. As Bloomberg reports, that shift was finally enough to push Gates' net worth back above that of telecom mogul Carlos Slim, who took the title of "world's richest person" away from Gates way back in 2007. As things stand now, Gates has some $72.7 billion to his name, while Slim stands at $72.1 billion. A situation that offers no material for puns whatsoever.

  • 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.

  • Wealth category removed from Armory statistics

    by 
    Alex Ziebart
    Alex Ziebart
    12.03.2008

    The Armory was updated with achievement and statistic tracking last week to accompany the new game features introducted in patch 3.0.2, along with tools to compare your achievements and stats to other players on your realm. There was a lot of concern over someone the things displayed out in the open for all to see such as the Wealth stat. How much gold you've had, how much you have, things like that. Players felt it made them into targets of sorts, figuring hackers, scammers and phishing sites would focus fire a little more. Heck, some people were just plain uncomfortable with other players seeing their gold stores.It looks like Blizzard actually agrees in this case. If they don't agree, at least they were feeling a little sympathy and wanted to calm some nerves. The Wealth category has been removed completely, and while you can still check up on other achievements and stats, you don't get a free look into someone's money bags anymore. I don't know that how much gold you have on display actually had an effect on who scammers target or not, but it's not like it was important information anyway and you might as well be more safe than sorry. Some stats are fun to see and compare, but I don't know that gold is one of those stats.

  • Poll: How much would you pay for an Amani War Bear?

    by 
    Adam Holisky
    Adam Holisky
    07.05.2008

    We've covered the topic of an insane amount of money being paid for an Amani War Bear before, namely about 20,000g. Gold is much easier to come by now-a-days, and most people are finding it easier to amass a small fortune. This number of 20,000g for a bear mount isn't seeming all that far off.My guild is running two bear groups through Zul'Aman a few times a week, and many of us have our bear mounts now. Those that don't are going to get it quite soon. When this is done we have some different options. We can either run some of our alts and what not through and have a character in greens-galore with a bear mount, or we can sell one of the spots on our run.This selling thing has got me thinking. While our guild doesn't need any more money for repairs and such (we have plenty in the coffers), we can definitely all go to have a few thousand more gold individually. If we ran one person through on a run for 20,000g we'd each make 2,000g for doing 45 minutes of farm content. That's not too bad. %Poll-16453%

  • Charter adds WealthTV to 11 Louisiana cities

    by 
    Darren Murph
    Darren Murph
    11.28.2007

    Although WealthTV has been available in select areas for awhile now, the channel is finally making its way down to the Bayou. Reportedly, Charter Communications added the station to the HD lineup in 11 Louisiana cities, including Thibodaux, Bourg, Slidell, Hammond, Marksville, New Roads, Pointe Coupee, Opelousas, Jennings, Church Point and Eunice. Unfortunately, Charter failed to mention if it would be rolling WealthTV out to other areas, but as we always say, we'll take any additions that we can get.