The Worlds Billionaires

Bill Gates Fighting Microsoft, Ballmer, Allen And Other Billionaires On Tax

Microsoft maven Bill Gates, along with dad Bill Sr., think that Washington State's wealthiest should be taxed to help foot the state's education and health-care costs. Other billionaires don't agree. In fact, they are giving money to fight it. Today Bloomberg reported that Microsoft chief Steve Ballmer and co-founder Paul Allen, [...]

Tycoon's Two Girlfriends Seek $1.4 Billion Of AIA Shares

Hong Kong property tycoon Joseph Lau Luen-Hung has a reputation for making extravagant purchases of art, jets, wine and jewelry. This time, he's reportedly buying shares in AIA for his girlfriends, both of them. The chairman of Chinese Estates Group has applied for 11.2 billion Hong Kong dollars ($1.4 billion) of [...]

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SAP's McDermott On Ellison's Latest Attack

A few weeks ago I had coffee with SAP co-CEO Bill McDermott. He made a point of saying that SAP is the industry innovator, while Oracle is the consolidator. Good positioning. Now Larry Ellison is fighting back, using a lawsuit that Oracle filed against a company SAP acquired years ago, [...]

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