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Steve Ballmer Surpasses Bill Gates in Wealth Ranking, Ranks 6th Globally

Steve Ballmer Surpasses Bill Gates as Sixth-Richest Person Amid Microsoft's Stock Surge

In a significant milestone, Steve Ballmer, former CEO of Microsoft Corp., has surpassed company co-founder Bill Gates to become the sixth-richest person in the world. This shift in wealth comes as Microsoft's stock reached record highs, bolstered by its strategic partnership with OpenAI, positioning it as a major beneficiary of the artificial intelligence boom in the US market.

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Indian-American Businessman Rishi Shah Sentenced to Prison for $1 Billion Fraud Scheme

Indian-American Businessman Rishi Shah Sentenced to Prison for $1 Billion Fraud Scheme

In a landmark verdict, Indian-American entrepreneur Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison by a US court. The sentencing comes in the wake of a massive $1 billion fraud scheme that has rattled high-profile investors including Goldman Sachs Group Inc., Alphabet Inc. (Google's parent company), and Illinois Governor JB Pritzker's venture capital firm.

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