NVIDIA becomes 1st $4 trillion company at market close
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The poster child of the AI boom, Nvidia has grown into the largest company on Wall Street, surpassing Microsoft, Apple, Amazon and Google. It is now worth over $3 trillion and the stock's movement carries more weight on the S&P 500 and other indexes than every company except Apple.
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Bloomberg recalculated Bill Gates' net worth as $52 billion lower to reflect charitable giving, sending him seven places down on its rich list.
Microsoft co-founder Bill Gates recently claimed that programming will remain a 100% human profession, even a century from now.
Bill Gates was replaced in fifth position by his former assistant and ex-Microsoft CEO, Steve Ballmer, who now has a higher net worth of $172 billion.
Bill Gates' net worth is $124 billion, as per the Bloomberg Billionaires Index. Seven days ago, his net worth was a staggering $172 billion.
Bill Gates has slipped to 12th place on the Bloomberg Billionaires Index after his net worth fell by nearly $52 billion in a week due to adjustments reflecting his extensive philanthropic commitments.
Bill Gates net worth has been cut by $52 billion after Bloomberg recalculated his fortune to reflect his huge charitable giving. The drop pushed Gates down to 12th place on the Bloomberg Billionaires Index,
The dip in Microsoft co-founder's net worth came after Bloomberg reportedly adjusted the appreciation rates employed for calculating wealth to “better reflect” his wealth outside charitable amount
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India Today on MSNBill Gates no longer in world's top 10 richest; trails former Microsoft CEOBill Gates now ranks behind Michael Dell, who is at number 11 with $137 billion, and Steve Ballmer, his former Microsoft colleague, who is far ahead at number 5 with $172 billion.