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PHOENIX - One of Bill Gates' investment firms has spent $80 million to kickstart the development of a brand-new community in the far West Valley. The large plot of land is about 45 minutes west of downtown Phoenix off I-10 near Tonopah. The proposed community, made up of close to 25,000 acres of land, is called Belmont. According to Belmont Partners, a real estate investment group based in Arizona, the goal is to turn the land into its own "smart city."

A real estate investment firm owned by Bill Gates recently bought a giant plot of land in Arizona for $80 million to be developed into a “smart city.” Arizona-based Belmont Partners, one of Gates’ investment firms, purchased close to 25,000 acres of land in Tonopah, around 50 miles west of Phoenix, to create a “smart city” called Belmont, KPNX reported.

Major American foundations have given millions of dollars in funding to Islamic organizations accused of having ties to radical Islamist movements or designated terrorist organizations and a group of activists are trying to convince them to stop. Groups like Islamic Relief Worldwide, which some countries have banned for allegedly funding Hamas and other terrorist organizations, have received millions of dollars from corporate charities like the GE Foundation, community foundations like the Silicon Valley Community Foundation, and independent foundations like George Soros’ Open Society Foundation.Researchers with the Middle East Forum, an activist group devoted to promoting American interests abroad, identified the financial...

Former President Barack Obama delivered a speech at an event held by the Bill & Melinda Gates Foundation on Wednesday in New York City. Without naming him, Obama said the threat of President Trump "inflicting real human suffering" requires people like him to "mobilize every couple months" to prevent it. FORMER PRESIDENT BARACK OBAMA: For the first time, more than 90% of Americans know the security of health insurance. Paying more for insurance, or being denied insurance because of a preexisting condition or because you are a woman – that’s not a thing anymore. We got rid of that. And...

Gives two-fingered salute to IBM designers for forcing us to use three-fingered salute Bill Gates has said that if he had his time again, he would not have chosen CTRL-ALT-DEL as the keypress to interrupt a PC's operations.Speaking at the Bloomberg Global Business Forum, as recorded from about the 8:30 mark in this video, Gates looked a touch bemused when Carlyle Group co-founder and CEO David Rubenstein asked about the infamous three-finger salute.He nonetheless answered the question directly, and in a very Bill Gates way, saying: "The IBM hardware PC keyboard only had one way it could get a guaranteed...

Former President Obama decided to voice his frustration at attempts by members of Congress to repeal his flawed health care law, noting that it’s “aggravating” to see our leaders try to inflict human pain on the population. He was speaking at the Bill and Melinda Gates Foundation’s Goalkeepers event. The purpose of Goalkeepers is to accelerate world progress and highlighting figures that are joining the movement to spur global change.While he didn’t specifically name the political party or persons involved with repealing his health care overhaul that he says saved lives and ensured that 90 percent of Americans have health...

A billionaire capitalist that is not afraid to risk his life’s work and fortune to give back to a country that made it possible for him to achieve his success. A visionary, that always thinks BIG and against all odds draws the fire to himself. He is not afraid to get his hands dirty to make sure the job gets done. “On time and under Budget.” He turns failure into opportunity by always thinking out of the box. A setback to him provides the stimulus to work harder and lead by example. An intent listener always willing to hear all...

Amazon CEO Jeff Bezos has overtaken Bill Gates and is now the richest person in the world, with a fortune topping $90 billion for the first time ever. When markets opened on Thursday, Bezos had a net worth of $90.6 billion, putting him $500 million ahead of Microsoft founder Bill Gates. Amazon stock opened up 1.6% on Thursday, adding $1.4 billion to Bezos’ net worth. That was enough to put him ahead of Gates.

Microsoft founder Bill Gates has warned that Africa’s population explosion will overwhelm Europe unless the continent makes it more difficult for migrants to reach its shores. In an interview with the German Welt am Sonntag newspaper, Gates said massive population growth in Africa will result in “enormous [migratory] pressure” on Europe unless countries increase overseas development aid payments. Praising Germany having achieved its commitment to devote 0.7 per cent of GDP to foreign aid as “phenomenal”, the 61-year-old called on “other European nations to follow its example”. But Gates also spoke of a dilemma caused by ‘the German attitude to...

Thursday, right before Amazon CEO Jeff Bezos announced he'd acquire Whole Foods for $13.7 billion, he tweeted a "request for ideas" for "philanthropy strategy." If you have suggestions re "helping people in the here and now... reply to this tweet." Here's my reply: Don't do it, Jeff! I understand why you asked. Giving well isn't easy. Charities often squander donations. Cancer Fund of America gave less than 5 percent of donations to charity. When I confronted its owner, James Reynolds, he blithely said, "True, if they give it to the telemarketer, they get 85-90 percent." Charity-rating services try to separate...

Microsoft magnate Bill Gates has said that the UK needs to stick to its Foreign Aid budget and nor scale it back. This coincides exactly with Prime Minister May refusing to rule out such cuts after the June 8th General Election. Is it a coincidence that both the Labour Party (opposition) Leader, Jeremy Corbyn and gates launch the same demands on the same day, at the same time? Or is Gates trying to exert influence against the governments electoral chances, and ultimately against Brexit. At present, Britain has a commitment to spend 0.7% of GDP on the Foreign Aid budget,...

Bill Gates, Bill & Melinda Gates FoundationThe following op-ed was exclusively provided to Business Insider to coincide with a speech Bill Gates is giving for the Munich Security Conference. The following is an abridged version of his remarks. When I decided 20 years ago to make global health the focus of my philanthropic work, I didn’t imagine that I’d be speaking at a conference on international security policy. But I’m speaking here at the Munich Security Conference because I believe our worlds are more tightly linked than most people realize. War zones and other fragile state settings are the most...

Bill Gates, the co-founder of Microsoft and world’s richest man, said in an interview Friday that robots that steal human jobs should pay their fair share of taxes. “Right now, the human worker who does, say, $50,000 worth of work in a factory, that income is taxed and you get income tax, Social Security tax, all those things,” he said. “If a robot comes in to do the same thing, you’d think that we’d tax the robot at a similar level.” Gates made the remark during an interview with Quartz. He said robot taxes could help fund projects like caring...

Twitter was told it was "bounced" from Wednesday's meeting between tech executives and President-elect Donald Trump in retribution for refusing during the campaign to allow an emoji version of the hashtag #CrookedHillary, according to a source close to the situation. Twitter is one of the few major U.S. tech companies not represented at Wednesday afternoon's Trump Tower meeting attended by, among others, Apple's Tim Cook, Amazon's Jeff Bezos, Facebook's Sheryl Sandberg and Tesla's Elon Musk — an omission all the more striking because of Trump's heavy dependence on the Twitter platform. With some 17.3 million followers of his account, the...

BEGIN TRANSCRIPT RUSH: My little tech blogger buddies, who really literally hate me, are just gonna be beside themselves today. They're not going to know how to process this. They are going to be confused and angry and questioning the purpose of life, all because Bill Gates went on CNBC's Squawk Box this morning and was asked by the hostette there, Becky Quick, "Donald Trump mentioned he had a phone call with you. How'd that conversation go, Mr. Gates?" GATES: I had an opportunity to talk to him about innovation. You know, a lot of his message, in the same...

President-elect Donald Trump has an opportunity to establish "American leadership through innovation," Bill Gates told CNBC on Tuesday. "A lot of his message has been about ... where he sees things not as good as he'd like," the billionaire Microsoft co-founder said on "Squawk Box." "But in the same way President Kennedy talked about the space mission and got the country behind that," Gates continued, "I think whether it's education or stopping epidemics ... [or] in this energy space, there can be a very upbeat message that [Trump's] administration [is] going to organize things, get rid of regulatory barriers, and...

Full Title: Bill Gates teams up with Richard Branson and Jeff Bezos to lead a $1 BILLION venture to tackle climate change In a bid to tackle climate change, Bill Gates has joined forces with some of the richest people in the world, including Sir Richard Branson and Amazon CEO Jeff Bezos, to create a £800 million ($1 billion) fund. The initiative, named Breakthrough Energy Ventures, plans to invest in green energy over 20 years. Its funders hope that this long-term approach will help to deliver the next generation of reliable and affordable energy to the world.

President-elect Donald Trump has an opportunity to establish "American leadership through innovation," Bill Gates told CNBC on Tuesday. "A lot of his message has been about ... where he sees things not as good as he'd like," the billionaire Microsoft co-founder said on "Squawk Box." "But in the same way President Kennedy talked about the space mission and got the country behind that," Gates continued, "I think whether it's education or stopping epidemics ... [or] in this energy space, there can be a very upbeat message that [Trump's] administration [is] going to organize things, get rid of regulatory barriers, and...

A vast, mysterious complex dating back more than 5,600 years has been unearthed just 1.5 miles from Stonehenge, British archaeologists have announced. The finding in Wiltshire reinforces the theory that Stonehenge was a sacred monument and suggests the entire region was ritually active hundreds of years before the enigmatic stone circle was erected. Found during excavations ahead of the construction of a new Army Service family accommodation, the 650-foot-diameter complex is known as a "causewayed enclosure." It consists of more than 3,100 feet of segmented ditches arranged in two concentric circles. According to archaeologists at Wessex Archaeology, the remains date...

Transport hubs in Los Angeles, Denver and Washington are soon to trial Total Recall-style high-speed body scanners A startup bankrolled by Bill Gates is about to conduct the first public trials of high-speed body scanners powered by artificial intelligence (AI), the Guardian can reveal. According to documents filed with the US Federal Communications Commission (FCC), Boston-based Evolv Technology is planning to test its system at Union Station in Washington DC, in Los Angeles’s Union Station metro and at Denver international airport. Evolv uses the same millimetre-wave radio frequencies as the controversial, and painfully slow, body scanners now found at many...