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Bill Gates repeats at top of Forbes' list of billionaires

World's richest man got richer with $79. billion in 2015.

Senh: Bill Gates is retired, but he's still on the list. Good to see Michael Jordan finally making it on the list. What a great move for him to buy the Charlotte Hornets. Because of the impending TV deal, every basketball team is worth a lot more than previous years.

 

Facebook's Mark Zuckerberg faces $1 billion tax bill

Mark Zuckerberg - CNN

Facebook's stock market debut left founder and CEO Mark Zuckerberg with a paper fortune currently valued at $13 billion -- and a 2012 tax bill of around $1.1 billion.vZuckerberg's whopping tax hit stems from his move last May to increase his stake in Facebook. On the day of Facebook's initial public offering, Zuckerberg exercised a stock option and purchased 60 million Facebook shares at a "strike price" of 6 cents each.

 

Russian tycoon Berezovsky died by hanging: police

Russian oligarch Boris Berezovsky, whose body was found in the locked bathroom of his luxury mansion near London over the weekend, died by hanging, British police said on Monday.

 

Sarkozy placed under investigation

Sarkozy - BBC

French ex-president Nicolas Sarkozy has been placed under formal investigation over claims his 2007 election campaign received illegal donations from France's richest woman. Mr Sarkozy is accused of accepting thousands of euros from L'Oreal heiress Liliane Bettencourt, now aged 90.

 

Sears CEO Edward Lampert's New Annual Salary: $1

Sears Holding Corp. has signed a contract with Edward Lampert to keep him on as CEO of the company at a salary of $1 per year. A regulatory document filed Wednesday shows that the billionaire hedge fund manager will be paid an annual base salary of $1, but with the opportunity for a bonus of up to $2 million in cash or stock and up to $4.5 million in stock per year.

 

BBC's Lonely Planet sale comes at a loss

Lonely Planet - LA Times

BBC Worldwide announced Tuesday morning that it will sell its travel guide series, Lonely Planet, for $77.8 million to Nashville-based NC2 Media, a company owned by reclusive U.S. billionaire Brad Kelley. That selling price is more than $120 million less than the BBC paid for the company in 2007. 

 

Icahn signs confidentiality agreement with Dell

Billionaire investor Carl Icahn, who is fighting Dell Inc. founder Michael Dell's plan to take the struggling company private, is entering into a confidentiality agreement that would give him access to the computer maker's financial records.

 

Icahn proposes alternative to Dell buyout

Billionaire investor Carl Icahn is proposing an alternative to the $24.4 billion plan to sell slumping PC maker Dell to a group led by founder Michael Dell, saying it substantially undervalues the company.

 

Forbes: Slim world's richest for 4th year in a row

Carlos Slim - Wikipedia

Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000. And Facebook's Mark Zuckerberg saw his ranking drop 31 spots as his net worth declined by $4.2 billion.

 

Buffett: Low interest rates have boosted stocks

Billionaire investor Warren Buffett says stock prices have gotten a boost from low interest rates caused by the Federal Reserve's stimulus efforts.

 

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