billionaire News

RIM chiefs no longer billionaires thanks to plummeting RIM stock

Shares of RIM stock have taken a beating since the company announced devastating first-quarter earnings last Thursday. The Waterloo, Ontario-based BlackBerry maker missed Wall Street’s first-quarter consensus, it lowered its full-year guidance, it announced workforce reductions …

Bill Gates no longer world’s richest man

When Forbes publishes its 2011 list of billionaires on Wednesday, William Henry Gates III will not be at the top. This is by design, however — the world’s richest man title may have …