Economy

Massachusetts' connections to the world's richest people

Massachusetts' connections to the world's richest people

Bill Gates remains atop the list of the world's richest individuals with a personal fortune of $86 billion following the unveiling of Forbes 31st annual rankings of the globe's billionaires. Following the upward trend is Warren Buffett, who secured second place with an increase in his net worth to $75 billion, compared to $60.8 billion that warranted him third place previous year.

The most significant gain was made by Jeff Bezos, who jumped from fifth place to third with a $27.6 billion increase in his net worth.

Read the full story on GeekWire.

Forbes said the $1bn dip in Trump's wealth was due to his huge investment in the Manhattan real estate market.

Former trade minister Robert Ongpin, meanwhile, notched the 1795 spot in the list with his $1.1 billion net worth.

ARM unveils Dynamiq multicore chip designs for faster AI and cloud computing
The DynamIQ cluster technology will allow up to eight completely different cores to be used in a big.LITTLE style. For every industry ARM expects DynamIQ to touch, artificial intelligence is expected to play a key role.

The Microsoft co-founder has been named the richest person in the world 18 out of the past 23 years. Dean White, who made his fortune in billboards and hotels, died a year ago.

In the past, Trump has disagreed with Forbes' figures and during his campaign he claimed that he was worth $8.7 billion.

California is home to more tech billionaires in the United States. The English edition of his autobiography, Making it Big, was published a year ago.

Mar 21, 2017- Chaudhary Group President Binod Chaudhary has been ranked at 1567 position out of 2,043 billionaires in the Forbes The World's Billionaires list.

Charles and David Koch, who operate a slew of businesses that range from paper towels to mining, were tied for eighth place with US$48.3 billion each.

U.S. Bancorp (USB) Shares Bought by Folger Hill Asset Management LP
The company reported the earnings of $0.82/Share in the last quarter where the estimated EPS by analysts was $0.81/share. In other news, insider Andrew Cecere sold 374,636 shares of the stock in a transaction on Wednesday, January 25th.

Overall, there were 227 women billionaires, the majority of whom inherited their wealth. In 2016, Forbes listed 1,810 billionaires. She is worth $7.4 billion.

According to its methodology, Forbes bases its billionaires list on a "snapshot of wealth" taken on February 17 by valuing assets using stock prices and worldwide exchange rates.

The "Oracle of Omaha", Warren Buffett, reclaimed the second spot on the list, after a two-year hiatus, as his net worth rose to $75.6 billion, up from $60.8 billion in 2016.

President Trump's hand, like his net worth, is smaller than he'd like.

The Asia-Pacific claimed the most billionaires with 720, followed by the USA with 565 and Europe with 530.

Topple-seed: Villanova stunned by Wisconsin
It is just an example to all of us about how hard it is to win the national title once and how nearly impossible it is to repeat. On Villanova's next possession, star Josh Hart's drive to the basket was disrupted by a clean steal by Wisconsin's Vitto Brown .


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