Forbes tells us that Bill Gates is no longer the richest guy in the world. Wah. Poor baby.

The reason? Microsoft trying to buy Yahoo! caused their stock to drop. Warren “why didn’t my parents buy your stock?” Buffet is now richer.

I do wonder if people who are this rich actually spend time thinking about things like this. Like, does he look at his stocks going down in value and think, “Oh shit, it’s all over. Better scan the want ads”? I kinda doubt it.

I will say that the few very wealthy people I know don’t throw cash around, at least not to just anyone. They may have nice things, maybe even REALLY nice things, but usually you can see how they managed to get rich in the first place — by being smarter than, say, me, about money.

image/source: Forbes.com

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OTTAWA (Reuters) - Just because you’re the daughter of Bill Gates does not mean you get to play on your computer all day long.

The Microsoft founder said his 10-year-old daughter, his oldest child, was not a hard-core Internet and computer user until this year, when she started at a school where the students use tablet computers for almost everything.
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Gates said he and his wife Melinda decided to set a limit of 45 minutes a day of total screen time for games and an hour a day on weekends, plus what time she needs for homework.
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“Up to some age, to be determined, it’s very appropriate for a parent to get a sense of what they’re seeing out there and be able to have conversations about it,” he said.

“My son said, ‘Am I going to have limits like this my whole life?’, and I said, ‘No, when you move away you can set your own screen limits’,” Gates recounted, to audience laughter.

Gates Sets Limits on Kids’ Online Time (Reuters via ZDNet)

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