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LONDON, March 8 (Reuters) - The founder of collapsed private equity company Abraaj Group on Wednesday lost a bid to challenge his extradition from London to the United States to face fraud charges. Judge Jonathan Swift on Wednesday refused Naqvi permission to bring a judicial review against the 2021 approval of his extradition to the United States. Naqvi also suffers from severe depression and there is a “real risk” of suicide if he is extradited, Fitzgerald argued. The judge also said that Naqvi’s suicide risk could be adequately managed if he was held in prison. Naqvi’s lawyer did not immediately respond to a request for comment.

☆ Melinda Gates' venture fund just bet on hot women's health startup Tia. Here's the presentation it used to raise $100 million in 2021 to rebuild after COVID shutdowns.
▼ + stars: | 2023-03-08 | by ( Megan Hernbroth | Rebecca Torrence | ) www.businessinsider.com time to read: +2 min

The women's healthcare startup Tia just landed funding from Melinda Gates' Pivotal Ventures. See the 30-slide presentation Tia used to raise $100 million in just three weeks in 2021. As gaps in reproductive healthcare worsen in the US post-Roe v. Wade, women's healthcare startup Tia wants to elevate the standards for women's physical, mental, and reproductive care. Before the pandemic, Tia was building in-person healthcare clinics for women without the virtual component. Here is the 30-slide presentation Witte used to raise Tia's $100 million Series B funding in just three weeks in 2021.

☆ Bill Gates is officially a grandfather after his daughter, Jennifer, announces the birth of her first child
▼ + stars: | 2023-03-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Bill Gates is now a grandfather. His oldest child, 26-year-old Jennifer Gates, just announced she's welcomed a baby into her family. Jennifer Gates announced her pregnancy in November; she shares the child with her husband, Egyptian equestrian Nayel Nassar. The eldest of his three children, 26-year-old Jennifer Gates, announced over the weekend that she has given birth to her first child. Bill Gates has said the news that he would become a grandparent has changed his views on life and his philanthropy through the Bill & Melinda Gates Foundation.

☆ Millennials may be using credit cards as a “de facto emergency fund"—here's why they shouldn't
▼ + stars: | 2023-03-06 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Millennials are the most likely generation to have more credit card debt than emergency savings, according to Bankrate's "2023 Annual Emergency Savings Report." This may mean that both of these groups are overly relying on credit cards, says Melinda Opperman, chief external affairs officer, at Credit.org. "When whole generations have more debt than emergency savings, that suggests they've been using credit cards as their emergency fund," she tells CNBC Make It. Many millennials and Gen Xers see their credit card as a "de facto emergency fund," Matt Schulz, chief credit analyst for LendingTree, tells CNBC Make It. As of February, the average credit card interest rate is 23.55% according to LendingTree's latest analysis.

☆ Bill Gates' Gen Z daughter Phoebe says the worst part about TikTok fame is 'misconceptions and conspiracy theories' about her family
▼ + stars: | 2023-03-05 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Phoebe Gates said the worst part of her TikTok fame is "misconceptions" about her family. The youngest Gates told The Information that people follow her “because of my family name.”Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Phoebe Gates told The Information the greatest downside to posting on the platform was all the "misconceptions and conspiracy theories." And people probably find it funny to see my dad being a goof and playing Boxbollen," Gates told The Information in an email. She also uses her social media to speak about the need for sustainability in fashion.

☆ Jeff Bezos finally collected the Légion d'honneur awarded by France about a decade ago at a 'secret' ceremony, report says
▼ + stars: | 2023-02-24 | by ( Stephanie Stacey | ) www.businessinsider.com time to read: +3 min

Jeff Bezos collected France's prestigious Légion d'Honneur on February 16, Le Point reported. French President Emmanuel Macron gave Bezos the award at a private, unannounced ceremony, per Le Point. President Emmanuel Macron presented the Amazon founder with the Légion d'honneur at a "secret" private ceremony on February 16, according to the report. Le Point published a photograph of Macron sitting with Bezos, who's wearing a pale grey suit, inside the ornate Elysée Palace. About 2,200 French citizens and 300 foreigners are awarded the Légion d'honneur annually.

☆ Bill Gates, who's 'not a big beer drinker,' just bought a $902 million stake in Heineken
▼ + stars: | 2023-02-22 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Bill Gates bought a $902 million stake in Dutch brewery Heineken's parent company. The billionaire bought a $392 million stake in one of Mexico's largest brewers, Femsa, in 2007. He bought 6.65 million shares of the beer company directly, per the filing, and another 4.18 million shares through the Bill and Melinda Gates Foundation Trust. The Bill & Melinda Gates Foundation did not immediately respond to Insider's request for comment. Long before his Reddit post and the health study, Gates bought a $392 million stake in one of Mexico's largest brewers, Femsa, in 2007.

Bill Gates, the cofounder of Microsoft, is thought to have a net worth of about $106 billion. Gates' own father was a high-powered attorney who became a name partner at the law firm K&L Gates. He's cultivated his brand of philanthropy with the Bill & Melinda Gates Foundation, his endeavor with Melinda French Gates, now his ex-wife. (Brock Adams, who went on to become the transportation secretary in the Carter administration, is said to have introduced Gates' parents.) Bill Gates' mother, Mary Gates, came from a line of successful bankers and sat on the boards of important financial and social institutions including the nonprofit United Way.

☆ Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker'
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

[1/2] Microsoft founder Bill Gates reacts during a visit with Britain's Prime Minister Rishi Sunak of the Imperial College University, in London, Britain, February 15, 2023. Justin Tallis//Pool via REUTERSAMSTERDAM, Feb 22 (Reuters) - Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding NV (HEIO.AS), although the billionaire founder of Microsoft has previously said he was "not a big beer drinker." Heineken Holding owns a controlling stake in brewer Heineken NV (HEIN.AS). A separate filing also dated Feb. 17 showed FEMSA sold all 18 million shares it held in Heineken Holding. Gates purchased 10.8 million shares, worth 883 million euros ($939.87 million) at current market prices, triggering a disclosure requirement under Dutch stock market rules.

☆ Bill Gates: Nuclear waste is not a reason avoid nuclear energy
▼ + stars: | 2023-02-10 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +3 min

Nuclear waste is not a reason to avoid using nuclear energy, according to Bill Gates, the Microsoft co-founder and philanthropist who more recently founded a next-generation nuclear energy startup, TerraPower. One common criticism of nuclear power is that nuclear reactors generate waste that stays radioactive for thousands of years. "The waste problems should not be a reason to not do nuclear," Gates said in an interview with the German business publication, Handelsblatt, published on Thursday. The volume of nuclear waste is very small, especially when compared to the energy generated, Gates said. But after a boom of nuclear power reactor construction in the 1970's and 1980's, the construction of new nuclear power generation came to a virtual standstill.

☆ There is more of a sense of comfort with EV auto loans, says Experian's Melinda Zabritski
▼ + stars: | 2023-02-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is more of a sense of comfort with EV auto loans, says Experian's Melinda ZabritskiCNBC's Phil LeBeau reports on the realities of electric vehicle monthly loans.

☆ Bill and Melinda Gates: Here's a look inside their 27-year marriage, from meeting at work, to spending $45 billion on philanthropy, to their 2021 divorce
▼ + stars: | 2023-02-09 | by ( Áine Cain | Allana Akhtar | Azmi Haroun | ) www.businessinsider.com time to read: +1 min

Bill Gates, the founder of Microsoft, announced he and his wife, Melinda, divorced in 2021. The two ran the Bill & Melinda Gates Foundation, which had an endowment of $49.8 billion in 2019. "After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage," Bill Gates said in a tweet. Bill and Melinda Gates had been married since 1994, raised three kids, were worth $130.5 billion, and ran a namesake philanthropic enterprise boasting a $49.8 billion endowment. Here's a look at the marriage between Bill and Melinda:

☆ Bill Gates says he isn't a hypocrite for using a private jet
▼ + stars: | 2023-02-09 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Bill Gates was asked whether his private jet makes him a "hypocrite" while funding climate innovation. Gates disagreed, saying he pays for carbon offsets and his jet helps further his climate fundraising. Gates was asked in an interview with the BBC in Kenya what his response would be to someone who would call him a hypocrite for being a "climate change campaigner" while also flying "around the world in a private jet." On Reddit, the Microsoft cofounder has said his private jet is his "guilty pleasure" and his "big splurge." "That is too difficult," Gates told Bloomberg's Zero podcast.

☆ Bill Gates said he'd rather fund vaccines to 'save lives' than go to Mars, but he thinks someday Elon Musk will be a 'great philanthropist'
▼ + stars: | 2023-02-03 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Bill Gates told the BBC he does not think traveling to Mars is a good use of money. The Bill & Melinda Gates Foundation, the nonprofit founded by Gates and his ex-wife Melinda French-Gates, has put billions of dollars towards researching, developing, and delivering vaccines to the world's poorest countries. Last year, Musk made a $5.7 billion charitable donation in Tesla shares to the Musk Foundation, which he launched with his brother, Kimball Musk, in 2002. Gates and Musk have publicly disagreed in the past, including on COVID-19, how to address climate change, and space travel. Musk and the Bill & Melinda Gates Foundation did not immediately respond to Insider's request for comment.

☆ Bill Gates says he was surprised at being targeted by COVID-19 conspiracy theorists and 'people were looking for a boogeyman'
▼ + stars: | 2023-02-03 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Bill Gates told the BBC he was surprised by some COVID-19 conspiracy theories. He said he thinks people were "looking for a boogeyman" around vaccines. Several COVID-19 conspiracy theories have surrounded Gates in recent years. Gates has also joked that he was more often the target of conspiracy theories than Anthony Fauci, former chief medical advisor to the president of the United States, because he's more known internationally. Representatives for the Bill & Melinda Gates Foundation did not reply to Insider's request for comment made outside normal working hours.

☆ Why Mark Cuban avoids Silicon Valley: 'Tech bros’ are ‘pretentious’ and overrated
▼ + stars: | 2023-02-03 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

That doesn't mean he worships Silicon Valley. But Cuban said he also can't stand the culture of Silicon Valley's "tech bros.""[It's] pretentious as f—k. Cuban, who has a $6.25 billion net worth according to Bloomberg, built his own tech fortune in Texas. Rather, he considers the allure of Silicon Valley — and the attitude that comes with it — overrated. "But when you're starting fresh and new, if you start with a model in this perspective, then I don't think you'll replicate the old one we had in Silicon Valley."

☆ Bill Gates says he shouldn’t have had dinners with Jeffrey Epstein
▼ + stars: | 2023-01-30 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Microsoft founder Bill Gates said he “shouldn’t have had dinners” with Jeffrey Epstein during an interview with Australia’s ABC 7 .30. But Gates had told CNN he only had dinners with him for potential philanthropic opportunities. Presenter Sarah Ferguson grilled Gates, asking if he “regrets the relationship he maintained” with Epstein, going against his ex-wife Melinda Gates’ advice. “You’re going way back in time,” Gates said, adding he’s said this “over the hundredth time.”“I shouldn’t have had dinners with him,” Gates responded. “It’s a time of reflection, and at this point, I need to go forward,” Gates told CNN in 2021.

☆ Fact Check-Bill Gates did not claim he visited Epstein’s Caribbean island
▼ + stars: | 2023-01-24 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Allegations that Bill Gates visited late American financier Jeffrey Epstein’s Caribbean island, Little Saint James, have been debunked in the past. Reuters reporting about litigation regarding Epstein's island is viewable (here )When asked about Gates having visited the island or admitting he did so, a spokesperson for the Bill and Melinda Gates Foundation told Reuters that neither claim is true. Reuters found no evidence of Gates claiming, “he doesn’t know why he visited” Little Saint James. Reuters found no public record of Bill Gates saying he “doesn’t know why” he visited Epstein’s island multiple times. A spokesperson for the Gates Foundation said he made no such claim and that he did not visit Epstein’s island.

☆ Fact Check-Bill Gates did not pull out of the 2023 WEF summit
▼ + stars: | 2023-01-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

Posts on Twitter read: “EXCLUSIVE: Bill Gates has also pulled out of the WEF23 meeting in Davos, wonder why?” (here) and (here). Reuters found no evidence that Gates was scheduled to participate at the WEF’s 2023 conference (here). When asked whether Gates pulled out of the conference, a spokesperson for the Bill & Melinda Gates Foundation told Reuters the claim was false. “Bill was never confirmed to attend the World Economic Forum in Davos in 2023,” the spokesperson added in an emailed statement. Bill Gates was never confirmed to be part of the 2023 conference of the World Economic Forum, a spokesperson for his foundation said.

Companies Costco Wholesale Corp FollowJan 17 (Reuters) - A U.S. judge on Tuesday said Costco Wholesale Corp (COST.O) must face a lawsuit claiming it falsely advertises and labels its canned tuna as "dolphin safe" despite using fishing methods that harm and kill dolphins. The Issaquah, Washington-based retailer said Wright only speculated about the risk to dolphins in tuna she bought, and that it made no promises about dolphin safety beyond using a "dolphin safe" logo on labels. He said this was particularly important because consumers "overwhelmingly" prefer tuna labeled dolphin-safe when given a choice. The case is Wright v Costco Wholesale Corp, U.S. District Court, Northern District of California, No. Reporting by Jonathan Stempel in New York; Additional reporting by Mehr Bedi in Bengaluru; Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

☆ Fact Check-Bill Gates turned off replies on his Twitter page in July 2020
▼ + stars: | 2023-01-18 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

One Twitter user said: “Elon Musk EXPOSED Bill Gates in the latest twitter files so hard that he has now turned off comments on his Twitter” (here). However, Reuters Fact Check found that Gates disabled tweet replies in July 2020. The last apparent tweet by Gates allowing replies from other Twitter users appears to be on July 2, 2020 (here). A spokesperson for the Bill & Melinda Gates Foundation said allegations that he disabled Twitter replies in response to Musk’s actions are false. Bill Gates’ Twitter account has disabled tweet replies since July 2020, years before the “Twitter Files” were released.

☆ 'Not right' for us to be key global health funder -Gates CEO
▼ + stars: | 2023-01-17 | by ( Jennifer Rigby | ) www.reuters.com time to read: +2 min

[1/3] Mark Suzman, Chief Executive Officer (CEO) of the Bill & Melinda Gates Foundation, speaks during an interview with Reuters at the COP27 climate summit in Egypt's Red Sea resort of Sharm el-Sheikh, Egypt, November 7, 2022. REUTERS/Emilie MadiCompanies Bill & Melinda Gates Foundation Trust FollowLONDON, Jan 17 (Reuters) - It is not right for the Bill & Melinda Gates Foundation to play such a big role in global health funding, but the group will not back away until others step up, its chief executive said. The Gates Foundation has faced criticism that it has too much power and influence in the global health realm, including within the World Health Organization, without the requisite accountability. "It's not right for a private philanthropy to be one of the largest funders of multinational global health efforts," he said, adding that countries ought to be leading the charge. Suzman said the aim of the fund was not to set the agenda for the WHO or other global health groups, but to provide them with better options and data as they make key decisions.

☆ Top business leaders discuss financial innovation at the World Economic Forum
▼ + stars: | 2023-01-17 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 2:30 a.m. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC's Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping pace with technological advancement. Joining CNBC is Ronald P. O'Hanley, the chairman and chief executive officer at State Street Corporation, Lynn Martin, president of NYSE Group Inc., Dan Schulman, the president and chief executive officer at PayPal, Mark Suzman, the chief executive officer of the Bill & Melinda Gates Foundation and Mohammed Al-Jadaan, the minister of finance for Saudi Arabia. Subscribe to CNBC on YouTube.

☆ Bill Gates says being rich can 'easily make you out of touch,' but he wouldn't ban others from becoming billionaires
▼ + stars: | 2023-01-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Bill Gates said being rich can "easily make you out of touch" during a Reddit Ask Me Anything. Reddit user mspalandas asked the Microsoft cofounder if it's possible to have "ethical billionaires." Gates responded: "Being rich can easily make you out of touch. Gates invited Reddit users to pose questions related to his work at the Bill and Melinda Gates Foundation, what he's excited about in 2023, or anything else, for his 11th AMA. The Gates Foundation did not immediately respond to a request for comment from Insider.

☆ Bill Gates says he'll sell what he owns to fund his philanthropic foundation
▼ + stars: | 2023-01-12 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Bill Gates said Wednesday that he'll sell what he owns as money goes toward the foundation he runs with ex-wife Melinda French Gates. When asked if it was "contradictory" for him to be a humanitarian while owning so much farmland, Gates replied, "Everything I own will be sold." In his response, Gates was referring to the Bill & Melinda Gates Foundation, the philanthropic foundation he established in 2000 with his then-wife, Melinda French Gates. Gates created the Giving Pledge in 2010 alongside his ex-wife, Melinda French Gates, and Warren Buffett, Gates' close friend and CEO of Berkshire Hathaway. The pledge asks the world's richest people to commit to give away most of their wealth to charitable causes in their lifetimes or in their wills.

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