Tag Archives: Bill Gates

Jimmy Haslam makes Forbes billionaires list

Knoxville businessman Jimmy Haslam is No. 831 on the 2013
Forbes list of the world’s billionaires.


The CEO of Pilot Flying J and owner of the Cleveland Browns
has a net worth of $1.8 billion, according to Forbes.

“Pilot is one of the country’s largest privately held
companies, with $29 billion in sales. He gets most of his fortune from his 35%
share of his family’s 59% stake in Pilot,” Forbes reports.

Some 1,426 names are on this year’s world list. Carlos Slim,
a telecom magnate from Mexico, is again the world’s richest man  with a net worth of $73 billion.  Microsoft founder Bill Gates is No. 2 with a
net worth of $67 billion.




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Bill Gates: Helping the poor is a good investment

Gates+Foundation+Polio.jpgBill Gates has it right. Corporate America and our political leaders should pay attention.

In his third annual letter released toay, Gates expresses grave concern about current economic problems forcing rich countries worldwide to cut financial aid to countries that need help.

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Obama and the billonaires brainstorm about economy

The economy got a double dose of good news today — retail spending was up foObama+Tax+Cuts.jpgr the fifth straight month in November and inflation remains in check.

But the best news for the economy may have been President Obama’s meeting at the White House with some folks who know how to make money — Warren Buffett and Bill and Melinda Gates.

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Clinton wedding good for the economy

I was at the gym this morning working off last night’s M&M Pretzels when I had a great idea to help the economy.

To be fair, the credit should go to Fox news.

The Fox folk were making fun of how much former President Bill Clinton and Secretary of State Hillary Clinton are paying for their daughter Chelsea’s upcoming wedding — $3 million, maybe as much as $5 million, according to various reports.

As the Fox story played across the screen, I thought, sure, this is a lot of money and I hope my girls don’t get any ideas, but what a boost to the economy.


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Will Gates-Buffett plan work?

When two of the world’s richest men speak, they get attention. That was the case yesterday when Bill Gates and Warren Buffett pitched their campaign to get other super rich guys to join them in pledging at least half of their fortunes to charity.

I goggled Gates + Buffett + charity and got 5.2 million hits in 0.33 seconds. That’s a lot of chatter.

Certainly, there are many deserving charities that could use the money. But maybe Bill and Warren should think about going another way. How about giving part of their fortunes to the federal government to pay down that multi-trillion dollar debt that just keeps growing?

On second thought, giving the government free money probably isn’t such a hot idea. Charity is the way to go.

Bottom line: You have to be impressed with Gates’ and Buffett’s commitment to give back. It will be interesting to see if other billionaires follow their lead.

Here’s a look at some of the global chatter.

MSNBC.com: Gates, Buffett to megarich: Give it up

Forbes.com : Gates, Buffett Raise the Philanthropy Stakes

Political Economy, John Tamny:  If Charity Is Their Goal, Gates And Buffett Should Horde Their Wealth 

The Guardian, London: Gates, Buffett lobby the rich for donation pledges

AllVoices.com: Is Buffett & Gates Pledge Really Such a Good Idea ? 

Everything Warren Buffett blog: Warren Buffett’s Pledge