In the late ‘90s, amidst the frenzy of the dot-com boom, Wired magazine made a bold prediction that Bill Gates, the tech titan behind Microsoft, could soar to trillionaire status by 2005. The math seemed sound: Gates’ stake in Microsoft, which had ballooned from $233.9 million at its IPO in 1986 to a staggering $72.2 […]
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World could see its first trillionaire within 10 years, Oxfam says
The world could see its first trillionaire within a decade, anti-poverty organisation Oxfam International has said. The body delivered its annual assessment of global inequalities as political and business elites gather at the Swiss ski resort of Davos. Oxfam, which for years has been trying to highlight the growing disparities between the super-rich and the […]