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Divorce: Bill Gates May Drop From #4 to #17 On Billionaires Index –Report

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Microsoft founder, Bill Gates, may drop from number 4 to number 17 on billionaires index after splitting his fortune with his wife of 27 years, DailyMail reports.

According to Forbes, Jeff Bezos topped the billionaires index with $177bn followed by Elon Musk with $151bn, Bernard Arnault & family with $150bn and Bill Gates with $124bn.

Sixty-four-year-old Bill is the fourth richest man in the world but his fortune may dip after the techprenuer and his wife, Melinda posted a joint statement on Twitter on Monday about their divorce.

The court petition filed by Melinda also showed that she wants their wealth to be divided. The divorce is expected to be finalised in March 2022.

READ ALSO: Insecurity: Again, Suspected Herdsmen Attack Benue Communities, Kill 19

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The couple met in 1987 when Melinda was working at Microsoft as a project manager and was seated next to Gates at a business dinner. Their union produced three children.

Gates co-founded Microsoft in 1975 with Paul Allen, almost 20 years before he married Melinda. The company made $1million in sales by 1978 and by 1987, he had become the world’s youngest ever billionaire. He met Melinda that year.

He transitioned out of a day-to-day role in Microsoft in 2008 and served as chairman of the board until 2014. Last year he stepped down from the board of Microsoft entirely, as well as the board of Berkshire Hathaway.

The divorce of Bill and Melinda is the biggest divorce since Amazon Chief Executive Officer, Jeff Bezos and his wife, MacKenzie, split their $137billion fortune after his affair wrecked their 25-year marriage.

READ ALSO: Protest As Akwa Ibom Fake Recruiter Arrested For Raping, Killing Jobseeker

Their divorce was finalised in April 2019 with Jeff keeping 75 per cent of the couple’s stock and MacKenzie keeping a four per cent stake in Amazon – translating to about 19.7 million shares worth roughly $35billion at the time.

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Scott is considered the third wealthiest woman in the world after her net worth surged by $30.3 billion to $61.4billion last year when Amazon shares rocketed amid the COVID-19 pandemic.

Meanwhile, Bezos also saw a massive windfall as his net worth surged to $201.4billion.

(PUNCH)

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Man, 38 Escapes Assassination Attempt In Benin

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Innocent Omoruyi

By Omokha Andrew

A 38-year-old activist, Innocent Omoruyi, narrowly escaped assassination in the early hours of Wednesday, July 19, 2023 as his residence at Obe Community,Sapele Road in Benin city was attacked by yet to be identified gun men.

The attack which eye witnesses say was viciously executed on Wednesday, July 19, 2023 bore the markings of a dreaded cult group terrorizing Benin City, the state capital.

The Obe, Sapale Road incident, it was learnt, happened soon after Omoruyi left the house to attend to matters of interest some few metres away from his home.

The assailants were said to have shot sporadically in their frustration as residents scampered for safety.

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However, Omoruyi escaped unharmed.

One of the eye witnesses who craved anonymity said: “The felons apparently went for the kill, weilding guns and other dangerous weapons. “We are shocked that they didn’t see Innocent Omoruyi who was just some few metres away from home when they arrived”.

“How that happened, only God knows and it was obvious that it wasn’t his time to die yet and just before that not long ago his business place on Lagos Street, Benin City was burnt down in the middle of the night by unknown arsonists.

“This sequence of events is not ordinary. We know it’s politically motivated due to the role he played in the last general elections. He has been advised to go into hiding at the moment for his personal safety”, he concluded.

When contacted, the police Public Relations Officer Chidi Nwabuzor said he was yet to get any information as regards the latest incident. He promised to feed our correspondent with relevant details as soon as they become handy.

Our information source however revealed that the matter has already been incidented at the Love World Police station on Sapele Road, Benin city.

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Nigeria To Earn Over $4bn Revenue As FEC Okays Concession Of Abuja, Kano Airports

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Nigeria will earn over $4 billion in nominal revenue as the Federal Executive Council, FEC, on Wednesday okayed the concession of the Nnamdi Azikiwe International Airport (NAIA), Abuja, and Mallam Aminu Kano International Airport (MAKIA), Kano, to the Corporacion American Airport Consortium, a Luxembourg-based company.

James Odaudu, the Special Assistant on Public Affairs to the Minister of Aviation, disclosed this in a statement on Thursday.

According to him, the Council also approved that the Federal Ministry of Aviation would be renamed the Ministry of Aviation and Aerospace.

READ ALSO: ATMs To Be Upgraded For Loans Services As CBN Gives Banks Ultimatum…

The statement noted that the company would make combined upfront payments of $8.5 million for the concession of NAIA and MAKIA.

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He added that the development would spur evidential growth within the Nigerian aviation industry.

In alignment with the Aviation Roadmap, approved by Mr President on 18th October 2016, the Ministry of Aviation and Aerospace is delighted to inform all stakeholders, both local and international, and the media, that the concession of the Nnamdi Azikiwe International Airport (NAIA), Abuja, and Mallam Aminu Kano International Airport (MAKIA), Kano has been approved by the Federal Executive Council,” the statement said.

READ ALSO: Peter Obi, LP Must Pay N1.5million To Access Documents – INEC

In December 2022 and January 2023, Corporacion American Airport Consortium was announced as the preferred bidder for the airport’s concession after scaling through a series of evaluations of technical and financial bids.

Nominal revenues mean income not adjusted for inflation and decreasing purchasing power.

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Russia Expelled From Council Of Europe Amid War With Ukraine

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The Council of Europe says it has expelled Russia with immediate effect after 26 years of membership because of the Ukraine war.

The Committee of Ministers took the decision in a special session, the rights body announced in the French city of Strasbourg on Wednesday.

Earlier, Russia had already declared its withdrawal from the Council of Europe after it had taken steps to exclude it.

On Tuesday evening, the Parliamentary Assembly of the Council of Europe voted unanimously in favour of Russia’s exclusion.

Russia joined the Council of Europe on Feb. 28, 1996.

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Together with the formal notification of the withdrawal, the Secretary-General of the Council of Europe also received information from the Russian Federation on Tuesday about its intention to denounce the European Convention on Human Rights.

In a statement on Tuesday evening, the leaders of the Council of Europe once again condemned the Russian invasion of Ukraine.

READ ALSO: Ukraine: Horror As Russian Forces Shoot People Queuing For Bread

They expressed their solidarity with the Russian people, who continue to belong to the European family and share its values.

The body said it would continue to stand by Ukraine in the fight against the aggressor.

The Council of Europe monitors the observance of human rights in its 46 member states and is not part of the European Union.

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The body reacted to the Russian invasion of Ukraine two weeks ago by suspending Russia’s membership, this decision was considered historic.

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