Once referred to as the world's richest man, it seems that Bill Gates has outgrown the title by choosing to give away a third of his wealth to the Bill and Melinda Gates Foundation. The foundation, which has so far received $28 billion and is the largest in the US, focuses on global health and development and U.S. education.
According to Forbes, which will be releasing its annual billionaires list this Wednesday, this means that Gates (who is worth $49 billion) may no longer be sharing the top three spots with investor Warren Buffett ($47 billion) and Mexican tycoon Carlos Slim ($60 billion). The trio have topped the list for the past five years. It's also speculated that had Gates not donated the money, he would still be leading pack with networth of $88 billion.
New Balance and Horween Leather Company teamed up for another collaborative release dubbed The Horween Leather x New Balance M996BHR. It uses the M995BHR silhouette and wraps it in Horween's signature waxy and supple leather materials and features a deep burgundy leather upper with tanned brown accents throughout and will release on March 2 at New Balance stockists. Read more
DKNY and PONY teamed up to reimagine PONY's M-100 sneaker and gave it a luxurious makeover for modern times. The high-top shoe will be available at PONY retailers starting July 3 and will retail for $250 USD. Read more