Bill and Melinda Gates are putting their Billions to good use as they announced their plans to donate $10 billion towards the fight against AIDS and other diseases. Read the rest of this entry »
Archive for the ‘Bill Gates’ Category
Posted by Media Outrage on January 29, 2010
Posted by Media Outrage on November 15, 2009
Yes, Bill Gates is once again the wealthiest person on the planet for like the 15 straight year (that number might be off), and yes, he can afford to purchase whatever he so desires, but, no, we wouldn’t pay $35,000 to tour this man’s crib. Why do that when pics are available on the internet? Well peep why he’s charging $35,000 to recieve a guided tour through his home by clicking here.
Posted by Media Outrage on September 26, 2008
Warren Buffett is the second richest person in America behind Bill Gates, with a personal net worth of $50 billion and is regarded as one of the greatest investors in the world. His flagship business is Berkshire Hathaway. He was asked about this fiscal meltdown. Check it out Read the rest of this entry »
Posted by Media Outrage on September 18, 2008
Bill Gates has resumed his place on top of the list of wealthiest Americans. A few months ago this man had removed Gates from the #1 spot. Bill Gates now has a net worth of $57 billion which is enough to land him back on top. Gates has given away a lot of his fortune. If he hadn’t given away any of his loot he would be worth a whopping $90 billion. To read a little bit more about America’s wealthiest individual click here.
Posted by Media Outrage on March 6, 2008
After 13 consecutive years of being on top, Bill Gates has finally been dethroned as the world’s richest man by his friend and investment guru Warren Buffett who owns Berkshire Hathaway. Bill Gates is worth $58 billion and Buffett has been on his heels for years now. Last year Buffett’s fortune was valued at $52 billion and has seen it surge $10 billion to a whopping $62 billion officially earning him the title of the richest man on the planet. Bill Gates falls to 3rd place behind Mexican Telecom Tycoon Carlos Slim Helu who has a net worth of $60 billion. Many speculate that Gates would still hold the title had Microsoft not offered a takeover bid against Yahoo! earlier this month. Microsoft’s stock fell %15 which affected his net worth.
Posted by Media Outrage on October 12, 2007
Facebook founder Mark Zuckerberg is only 23 yrs old and already owner and founder of one of Silicon Valley’s most sought after properties. Wall Street is completely infatuated and consumed with this man’s every move. Will he sell? Will he open the company up to major outside investors such as Microsoft who is rumored to want to lay $500million in Zuckerberg’s hands for a potential %5 stake in the company which would value Facebook at $15billion.
Zuckerberg has already raised $37.7million from venture capitalists. Yahoo was interested in buying Facebook for a reported $1billion and Zuckerberg verbally agreed to sell but then Yahoo’s stock price plunged 22 percent overnight and Yahoo’s then CEO Terry Semel lowered the offer to $800million, but Zuckerberg and his board walked away from the offer after that. Yahoo then returned with the original $1billion offer but it was too late.
Facebook is now the most buzzed about company in Silicon Valley and Zuckerberg is continuously compared to visionaries like Steve Jobs (Apple, ipod, iphone) and Bill Gates. Facebook has opened up a platform for independent developers to implement software for the 40million some registered users. Since then some 3,200 new applications have sprung up on the site, a number that is growing at about 180 a week.
Facebook is generating more than a billion page views a day. Half of it’s $150million revenue comes from an advertising deal with Microsoft. So much for thinking Zuckerberg was literally nuts for turning down the $1billion offer from Yahoo. Now everyone in the valley is looking at this kid with green dollar signs in their eyes!
Posted by Media Outrage on September 25, 2007
The rumors are swirling on Wall Street about a possible investment of $300-$500 million investment from Microsoft, which would land Facebook’s current total value in between $10-$15billion! Wow and this whole time we thought Peter Thiel (one of Facebook’s investors) was smoking rocks when he said that $1billion offer for the company was laughable. Thiel said that he placed Facebook’s value somewhere around $7 or $8 billion up there with MTV.
Zuckerberg said last year that he felt that Myspace sold themselves short to Rupert Murdoch’s News Corp for $580 million. He was probably right because in the next few months video giant YouTube sold out to Google for $1.65billion in stock.
So whatever is going on in silicon valley it seems that Mark Zuckerberg has the right idea and knows how to play the game. (The longer you hold out and refuse to sell, the more value it places on your company and product! Wow its just like dating. The longer a female withholds her goodies the harder the guy tries, the more he likes her, and he ends up spending more money for that ass!) Don’t you just love our business acumen???