William Gates III has built an empire worth $56 billion around Microsoft. It’s the thirteenth year Gates has been the world’s richest man. The Harvard dropout now has more than half of his net worth is invested outside Microsoft. Strange fact about Gates: he lives in Medina in the United States, the Arabic word for ‘city’, and the name of one of Islam’s holiest cities in Saudi Arabia.
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.