Samsung’s founding family ranks as the 12th richest in Asia

Samsung, like many major Korean conglomerates that are led by the descendants of the founder, is as chaebol as they come. Chaebol refers to a diversified South Korean conglomerate that’s led by an individual or family. As you’d probably expect, the people in charge of these massive companies tend to be considerably wealthy. So it’s […]

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Bill Gates plans to give ‘virtually all’ his money to the Gates Foundation and drop off list of world’s richest people

What you need to know Microsoft co-founder Bill Gates restated his plans to donate “virtually all of” his money in the future. Gates announced plans to donate $20 billion to the Gates Foundation this month. Gates also highlighted that Warren Buffett has donated generously to the Gates Foundation, making up “basically half” of the foundation’s […]

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