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From the category archives:
by David on July 29, 2011
The Forbes 2011 Billionaires List was recently released. Topping this year’s ranking of 1,210 billionaires is Mexico’s Carlos Slim Helu. The telecom mogul, who earns 62% of his fortune from America Movil, is now worth US$74 billion and way ahead of his two closest rivals. Bill Gates, No. 2, and Warren Buffett, No. 3, both [...]
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by David on October 11, 2010
Suppose that every evening, 10 men go out for beer and the bill for all ten comes to R100. If they paid their bill the way we pay our taxes, it would go something like this :- The first four men (the poorest) would pay nothing. The fifth would pay R1. The sixth would pay [...]
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