bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Wednesday 23.08.2017 | Name days: Valgudis, Ralfs, Vitālijs

Bill Gates tops Forbes rich list for 19th year

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Bill Gates

Technology titan Bill Gates has been listed by Forbes magazine as the wealthiest American for the 19th year in a row, with a fortune of $66bn (£41bn), up $7bn from last year.

There was no change in the order of the top five richest from a year earlier.

The total wealth of the US super-rich grew 13% to $1.7tn, with the top 400 worth an average $400m more in 2012. The group’s assets are worth as much as one eighth of the US economy, and grew much faster than the economy at large, BBC reported.

According to the Forbes 400 list of the richest people in America, the average net worth of a person on the list was $4.2bn.

But the biggest drop was seen by Facebook founder and chief executive, Mark Zuckerberg, who fell from 14th to 36th place in the wake of a disappointing stock market listing of his company.

Here is the Forbes list:

1.Bill Gates, co-founder and chairman of Microsoft, $66bn

2.Warren Buffett, chairman and chief executive of Berkshire Hathaway, $46bn

3.Larry Ellison, co-founder and chief executive of Oracle, $41bn

4.Charles Koch, chairman and chief executive of Koch Industries, $31bn

5.David Koch, co-owner and executive vice-president of Koch Industries, $31bn

6.Christy Walton & family, heiress to Walmart fortune, $27.9bn

7.Jim Walton, heir to Walmart fortune and chairman of Arvest Bank, $26.8bn

8.Alice Walton, heiress to Walmart fortune, $26.3bn

9.S Robson Walton, heir to Walmart fortune, $26.1 billion

10.Michael Bloomberg, founder and principal owner of Bloomberg LP, $25bn.

Ref.110.110.110.2044


Leave a reply

Antane admits the situation with Latvia’s transit industry is tragic

Baltic Association – Transport and Logisics President Inga Antane describes the situation with Latvia’s transit industry as tragic. Cargo volume decline has been continuing since 2012. Antane also mentions that, looking at the recent past, 2016 was one of the worst in Latvia’s transit history, Antane said in an interview to RigaTV24.

Daugavpils party decides to leave coalition shared with Harmony

Daugavpils political party Mūsu partija, in which Rihards Eigims is the leader, has decided to leave the established coalition with Harmony in Daugavpils City Council.

Pulks: lunches in Riga’s kindergartens should be free

Riga City Council’s Unity faction leader Olafs Pulks has sent a letter to the city council’s Education, Culture and Sports Department’s Director Guntis Helmanis, asking him to immediately perform calculations and prepare proposals for Riga’s budget project for 2018 to secure free lunches for all children of the capital’s kindergartens.

Study: poor households will gain very little from the tax reform

Poor households will gain very little from the recently approved tax reform. There is a large number of unemployed people who will not the change with PIT, according to results of a study performed by Stockholm School of Economics in Riga and economic policy research centre Biceps.

Puce: either Kucinskis has a memory like a goldfish, or he doesn’t take his own words seriously

Political party For Latvia’s Development invites Prime Minister Maris Kucinskis to prove the promise he once gave to Latvian taxpayers to not change taxes in the next three years. This invitation was extended, considering information that was voiced at the 22 August meeting of the Cabinet of Ministers in relation to the search for ways to expand fiscal space.

Brivais vilnis: grey economy’s presence in fishing industry may be 40%

The total proportion of grey economy in Latvia’s fishing industry may be around 40%, says fish processing company Brivais vilnis chairman Arnolds Babris.

SRS: violations uncovered at restaurants mostly associated with illegal employment

Most of the violations uncovered by Latvian State Revenue Service during inspections at restaurants in Riga and Jurmala are associated with illegal employment and non-declaration of revenue, said SRS Director Ilze Cirule in an interview to Rīta Panorāma this morning 23 August.

Europe commemorates victims of Nazism and Stalinism

Nine years ago, MEP Inese Vaidere and four of her foreign colleagues accomplished that the European Parliament officially approved and issued a written declaration on declaring 23 August the Day of Remembrance of the Victims of European Stalinism and Nazism.

FCMC allows Latvian Central Depository to function as service provider

Finance and Capital Market Commission has decided to allow Latvian Central Depository to start providing services as a central securities depository starting from 18 September.

Without cheap labour, Liepaja prison construction may take a while

Because projects submitted by different construction companies for Liepaja prison exceed the funding that is available for the project, it is planned to cease the procurement. A new one will be announced soon, said Justice Ministry’s state secretary Raivis Kronbergs after a government meeting on Tuesday, 22 August.

Sudraba claims KNAB investigated oligarch case to the maximum extent

Investigators of the so-called oligarch case, which continue working at the Corruption Prevention and Combating Bureau, performed their work responsibly. Information leak during the investigation, on the other hand, had impacted the investigation considerably, said head of the parliamentary investigation committee Inguna Sudraba as a visit to KNAB.

Survey: 43% of internet store users purchase something once a month

Overall, Latvian consumers are satisfied with the purchases they made on internet stores. 65.3% of respondents believe internet stores are safe and reliable. 44.7% of respondents say they have never had any problems when shopping on the internet, according to results of a survey performed by Gudriem.lv.

Government establishes prohibition to wear face-concealing clothes in public

On Tuesday, 22 August, Latvian government supported Justice Ministry’s proposed legislative draft on restrictions for face-concealing clothes, which prohibits residents from wearing such clothes in public places.

Experts explain why a teenager’s «I don’t know» is so dangerous

Most often we say things like «I don’t know» because we are afraid of making choices. Reaching their teens, youngsters become more independent, and the inability to make responsible decisions and say «no» can have serious consequences, says psychologist Sabine Vilcina and youth motivation programme «MOT. Izvēlies drosmi!» manager Ilze Paidere-Stake.

Traders: following VAT decline, prices of goods will decline as well

Latvian Association of Food Traders supports Agriculture Ministry’s proposal to reduce VAT rate for food and separate food product groups. Traders confirm that this step will also reduce food product prices in stores.

The most major risks and solutions for real estate purchase and rent with option to buy

To acquire housing in one’s property, often residents use rent with an option to buy. Sworn attorney Zanda Zaluma of Eversheds Sutherland Bitāns shares advice resident should keep in mind when signing real estate contracts.

Finance Minister: businessmen will be forced to pay larger wages

The current market situation shows that Latvia should speed up its education reform and think about attracting additional human resources from other countries, said Latvian Finance Minister Dana Reizniece-Ozola in an interview to Latvijas Radio.

Latvia to procure Stinger anti-air missile launchers

A mutual contract has been signed between Latvian Defence Ministry and Danish Defence Ministry for the procurement of anti-air missile launchers used by the Danish armed forces, as confirmed by Latvian Defence Ministry.

Oil prices and stock exchange indexes decline in Europe

On Monday, 21 August, oil prices declined. Exchange indexes in USA increased slightly, whereas exchange indexes in Europe declined because of concerns over the policy implemented by the administration of US President Donald Trump.

Terrorists in Barcelona were planning three explosions

Terrorists, who performed two attacks in Catalonia last week, were initially planning to blow up three shuttle buses in crowded areas in Barcelona, as reported by El Espano.

Lawyer: Maxima wants to earn by reducing compensations for the tragedy

Maxima Latvija and Zolitude 21.11 have reached an agreement on payment of EUR 900,000 to support victims of Zolitude tragedy – EUR 5,000 to EUR 75,000 to each person, as reported by Maxima Latvija.

Producer prices in industry in Latvia grew 0.4% in July

Compared to June, the level of producer prices in Latvian industry rose by 0.4 % in July 2017. The prices of products sold on the domestic market increased by 0.5 %, whereas the prices of exported products grew by 0.3 %.

Enefit: Latvia reduces electricity price difference with neighbouring countries

In recent years, Latvia has managed to reduce the electricity price difference with other Baltic neighbouring countries, as reported by Enefit Chairman Janis Bethers.

Farmers Saeima: butter price will not remain high for long

The high price on butter in Latvia will not remain so high for long, said Farmers Saeima Vice-Chairperson Maira Dzelzkaleja-Burmistre in an interview to 900 seconds programme of LNT.

Aseradens elected as chairman of Unity; Krisjanis Karins to lead party’s city council faction

Unity elected Economy Minister Arvils Aseradens as the new chairman of the party. MEP Krisjanis Karins has been elected as the party’s leader in Riga City Council with Santa Zarane as his deputy.