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News on Medial
’Go look at their records’: Melinda French Gates criticises Elon Musk, other ‘new billionaires’ for lack of philanthropy | Mint
Livemint
·
1y ago
Medial
Melinda French Gates criticized the lack of philanthropy from the new generation of billionaires, specifically mentioning Elon Musk and Peter Thiel. She argued that while they may use their voices, their actual contributions to society are not significant. She compared them to billionaires like Bill Gates, Warren Buffett, and herself, who have chosen to give back. Gates also dismissed Elon Musk's criticism of her political activism, stating that she cannot support someone who has made derogatory remarks about women. She also questioned tech CEOs giving advice on topics outside their expertise, such as parenting.
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Melinda French Gates reflects on sexism in philanthropy during her time with Bill Gates; says, ‘If I went into a…’ | Mint
Livemint
·
10m ago
Medial
Melinda French Gates has spoken about experiencing sexism while working alongside her ex-husband, Bill Gates. Despite their joint philanthropic efforts, she encountered situations where people would default to Bill Gates and assume she had less expertise. French Gates expressed her excitement and empowerment about her future work as she enters her sixth decade. Meanwhile, Bill Gates has called for increased support for African countries, as global aid trends have led to a reduction in resources directed towards Africa.
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Bill Gates to Elon Musk — A look at the hobbies of tech billionaires
Livemint
·
1y ago
Medial
Tech billionaires like Bill Gates, Elon Musk, Sundar Pichai, Jeff Bezos, Mark Zuckerberg, and Tim Cook have various hobbies and interests outside of their work. Bill Gates enjoys reading, collecting rare books and cars, playing bridge, and spending time with his family. Elon Musk is an avid gamer, enjoys performing magic tricks, and collects memorabilia. Sundar Pichai supports FC Barcelona, loves cricket, and has a passion for football. Jeff Bezos enjoys aviation, horseback riding, cave exploring, and space visits. Mark Zuckerberg follows mixed martial arts, extreme sports, recreational aviation, and plays the guitar. Tim Cook enjoys rock climbing, cycling, hiking, visiting national parks, and reading. Sam Altman, founder of OpenAI, has a passion for racing cars and flying planes.
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Bill Gates criticises Elon Musk over USAID shutdown plans and political endorsements | Mint
Livemint
·
6m ago
Medial
Bill Gates has expressed concerns over Elon Musk's plan to shut down USAID, warning of serious global repercussions. Gates acknowledges Musk's innovations but criticizes his political endorsements and potential impact on government policies. He emphasizes that USAID is crucial for global humanitarian efforts, with partnerships in nutrition and vaccines. Gates urges careful consideration of public policies, stressing that closing the agency without thorough understanding could jeopardize millions of lives.
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Elon Musk surpasses Bernard Arnault, Jeff Bezos to top Forbes Billionaires list
Livemint
·
1y ago
Medial
According to the Forbes Real Time Billionaires list, Elon Musk has become the richest person in the world, surpassing Bernard Arnault and Jeff Bezos. Musk's net worth now stands at $210.7 billion, followed by Arnault with $201 billion and Bezos with $197.4 billion. This increase in Musk's wealth is attributed to his acquisition of the social media platform X for $44 billion. The Forbes Real Time Billionaires list, which is regularly updated, also includes Mark Zuckerberg, Larry Ellison, Larry Page, Sergey Brin, Warren Buffett, Bill Gates, and Steve Ballmer.
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‘Gates Foundation has no money coming after my death’: Warren Buffett changes his will
Livemint
·
1y ago
Medial
Warren Buffett has updated his will to redirect his fortune away from the Bill & Melinda Gates Foundation after his death. In an interview with the Wall Street Journal, Buffett stated that his wealth will now go to a new charitable trust overseen by his three children, as he has full trust in their values and ability to manage his philanthropic legacy. Previously, Buffett had pledged most of his estate to the Gates Foundation and other family-related charities. Despite the changes in his will, he continues to donate to the Gates Foundation during his lifetime.
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Elon Musk says cage fight with Mark Zuckerberg will be held in Italy; 'Ancient Rome'
IndianStartupNews
·
1y ago
Medial
The much-awaited cage fight between two billionaires, Elon Musk and Mark Zuckerberg, is about to happen as Elon Musk is in talks with Italy's government about hosting the cage fight at a historic site in the country.
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Elon Musk is lashing out at MacKenzie Scott, Jeff Bezos' ex, for donating billions to charities for women and minorities
Business Insider
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1y ago
Medial
Elon Musk criticized MacKenzie Scott's charitable donations, suggesting that "super rich ex-wives who hate their former spouse" are a reason for the decline of Western civilization. Musk has been vocal about his opposition to diversity and inclusion efforts. This isn't the first time he has targeted Scott for her philanthropy. Scott, on the other hand, has donated billions of dollars to various organizations supporting underserved communities with a no-strings-attached approach. Musk himself engages in philanthropy through the Musk Foundation, which has donated to causes such as renewable energy and space exploration. Neither Musk nor Scott has commented on this matter.
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Elon Musk has a giant charity, its money stays close to home
Economic Times
·
1y ago
Medial
Elon Musk's philanthropy has been sporadic and primarily self-serving, benefiting his businesses and generating large tax breaks. Despite being one of the wealthiest individuals, his foundation, the Musk Foundation, has fallen short of the minimum required donations, risking financial penalties. The foundation lacks direction or focus and is managed by Musk and two volunteers, without hired staff. Many of its donations have been linked to Musk, his employees, or his businesses, raising ethical concerns. While Musk believes his for-profit enterprises will have a greater impact than philanthropy, establishing a nonprofit obligates him to serve the public rather than his personal interests.
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Bill Gates thinks of himself as 'very nice' compared to Elon Musk and Steve Jobs
Business Insider
·
1y ago
Medial
During a fireside chat, Bill Gates referred to Elon Musk and Steve Jobs, considering himself "very nice" in comparison to fellow tech leaders. Gates mentioned the different approaches to leadership and the level of intensity required in spearheading innovative companies. Despite a complex relationship with both Jobs and Musk, Gates acknowledged their impact on major technological advancements. Gates also confirmed the legend of memorizing his employees' license plates during the early days of Microsoft to track their work hours. His intense focus on innovation continues to shape his thinking.
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Bill Gates on Elon Musk: I admire a lot of what he has done
Economic Times
·
6m ago
Medial
Bill Gates expressed admiration for Elon Musk's work and surprise at Musk's political endorsements in Europe. Gates noted his long-term acquaintance with Musk, who supports various far-right parties. Gates discussed prioritizing government efficiency and reducing deficits, suggesting areas like pensions, defense, and healthcare for optimization. He emphasized the importance of managing deficits to prevent future financial issues. Gates lauded Musk's capability to manage numerous activities despite their differing views on European politics.
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