KoBold, a US mining startup backed by billionaire investors including Bill Gates and Jeff Bezos, raised $537 million in its latest funding round, the company said. The funding round, co-led by investors Durable Capital Partners LP and T. Rowe Price, valued KoBold at $2.96 billion, according to the company. Existing backers including venture capital firm … Read more
According to a 13F filing with the US Securities and Exchange Commission, the Bill & Melinda Gates Foundation Trust reduced its stake in Microsoft (NASDAQ: MSFT) by 17% or 5.93 million shares to 28.957 million shares worth £9.82 billion ($12.46 billion) in Q3. During the same quarter, the Microsoft co-founder also sold 2.48 million Berkshire … Read more
Microsoft (NASDAQ: MSFT) co-founder Bill Gates has long been a proponent of environmental initiatives and a sustainable future. However, according to Walter Isaacson’s 2023 biography of Elon Musk, Gates’ alleged undisclosed short position against Tesla (NASDAQ: TSLA) led Musk to view his actions as hypocritical. A short position is simply betting against the company, and … Read more
In a recent post on X, financial expert Dave Ramsey revealed one of his top tips for aspiring millionaires: turn off your television. Ramsey’s advice might seem surprising, but his reasoning goes beyond a simple anti-TV stance. According to Ramsey, financial success begins with lifelong learning, and one of the best ways to achieve this … Read more
Multi-millionaire George Appling accumulated $1 million when he was 36. He has no plans to leave his wealth to his three kids as an inheritance but would rather pay for their college, car, and other life events. Appling’s decision to part with his wealth in ways that help their children in their formative years rather … Read more
Bill Gates, once a fixture at the top of the billionaire rankings, has slipped out of the world’s top 10 wealthiest individuals. In Forbes’ latest annual ranking, Gates’ net worth was valued at $107 billion, placing him ninth among American billionaires and twelfth globally. This marks the end of his 30-year streak within the top … Read more
Berkshire Hathaway chair Warren Buffett is the sixth wealthiest person in the world, with a net worth of $143.7 billion. The 94-year-old billionaire investor appears to prioritise his estate plans while continuing to steer Berkshire’s investment decisions. The Oracle of Omaha has decided to donate his entire wealth to charitable trusts when he passes away. … Read more
LONDON — Malnutrition is the world’s worst child health crisis and climate change will only make things more severe, according to Microsoft-co-founder turned philanthropist Bill Gates. Between now and 2050, 40 million more children will have stunted growth and 28 million more will suffer from wasting, the most extreme and irreversible forms of malnutrition, as … Read more
The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen gas found in One Pute Jaya Village, Morowali Regency, Central Sulawesi Province, Indonesia, 23 October 2023. Nurphoto | Nurphoto | Getty Images Koloma, a U.S.-based clean fuel startup backed by Bill Gates and Jeff Bezos, says it … Read more
Elon Musk’s artificial intelligence company xAI has built and opened what will allegedly soon be the world’s largest supercomputer structure in the world. The facility is located in Memphis, Tenn, to the surprise of the City Council. The goal of this computer is allegedly to “understand the universe” and “accelerate human scientific discovery,” but for … Read more
