We guess Forbes went back to measuring rich folks. It was announced today, courtesy of Forbes' annual billionaires list, that Bill Gates is no longer the richest man in the world. The title now belongs to U.S. financier Warren Buffett, who had a very good year in 2007. He saw his wealth jump from an estimated $52 billion to $62 billion. A $10 billion year in the midst of a recession--wow. more ›

On Saturday, Frank Hughes of the Tacoma News-Tribune reported that local real estate developer Dave Sabey had offered to buy the Sonics from Clay Bennett and make them the centerpiece of a development he's planning south of Boeing Field. more ›

Last week we posted about the story the Los Angeles Times did on the Gates Foundation and how a lot of the Foundations investments are contrary to the charitable work they do. We refrained from heaping scorn on the Foundation because by that time they had agreed to review its portfolio "to determine whether its holdings were socially responsible" and what a portfolio, by the way: the Bill and Melinda Gates Foundation has some $65.95 billion in holdings according to the L.A. Times. more ›

While it's tempting to make fun of the Seattle Times (or the P-I, for that matter) for not getting the story the Los Angeles Times reported this weekend on the Bill and Melinda Gates Foundation and the conflicts that exist between the foundation's charitable work and its financial holdings, and while we're somewhat inclined to point out the fact that no one in Seattle is in a position to say boo to the Gates Foundation, it's really just fantastic work by the L.A. Times which continues to be one of the country's best newspapers despite the fact that it's under assault by its owner the Chicago Tribune. The Gates Foundation is based here so it's easy to lose sight of their place in the universe and jump on them for things like buying up the land that contains Seattle's only municipal skatepark and bulldozing it, but they're really a global giant with a tremendous amount of money. Thank you to the L.A. Times for pointing out that while a fraction of that money is injected directly into various charitable causes the Foundation also has a mountain of cash the size of Rainier that can also be working either for, or, in some cases against, those same causes. Take some time out on Snow Day #1 2007 to read the entire article - We learned more about the Bill and Melinda Gates Foundation from that piece than we had previously through years worth of Seattle Times and Post Intelligencer full-release massage pieces. Kudos, at least, to the Seattle Times for reprinting it. more ›

Bill Gates announced today that he's leaving Microsoft to join Robert Scobleizer at Podtech.net where the two will do a call-in style podcast together to air three times a week. It will also include the two of them riffing on the tech news and prank dialing startups ("Hi, this is Bill Gates, I have a billion I'd like to invest in your...olefactorycasts? Ahahahahahaha! Right! Ahahahahaha!"). The two were said to share a moment of sad silence after they mistakenly pranked their own employer, netpod.tech, during a trial run. more ›

Seattle's own Bill Gates was named Time magazine's Man, or "Person," of the Year. Well, he and that wife of his, Melinda, who will share the honor with 'You Too' front man Bono. more ›

Salon.com is reporting today that The Bill and Melinda Gates Foundation, local philanthropy extrodinaire, has pledged ten million smackaroos to the Discovery Institute since 2000. Wait, you say, the same Discovery Institute tank of thinkers that promotes Intelligent Design? Yes, we tell you, that same Discovery Institute. Say it ain't so, Bill. more ›

Thanks to Mister Snitch for alerting us that Bill Gates is legally changing his name to 'The Gates', after buying all rights to the name from the artist Christo for $30 million. more ›