Bill Gates spotted for the first time since his split from Melinda in an Instagram picture with his daughter Jennifer

Bill Gates and Jennifer Gates
Bill Gates and Jennifer Gates attend Global Champions Tour of Monaco at Port de Hercule in Monte-Carlo, Monaco, on June 30, 2018.

  • Bill Gates appeared on his daughter Jennifer’s Instagram story on Thursday evening.
  • The picture is the first of the billionaire since announcing his divorce to his wife, Melinda Gates.
  • “Nothing better than quality time with family members,” Jennifer, 25, captioned the image.
  • See more stories on Insider’s business page.

Bill Gates appeared on his eldest daughter’s Instagram story on Thursday evening, making his first appearance since announcing his divorce from wife Melinda Gates.

“Nothing better than quality time with family members,” Jennifer, 25, captioned the image, which is no longer on her story but can be seen here.

In the photo, a smiling Gates stands with his arm around his daughter, wearing shorts and a blue polo shirt. It is unclear where the photo was taken.

Read more: How the CEO of a Bill Gates-backed battery startup convinced the tech mogul to invest in his solid-state tech

Bill and Melinda announced their divorce on May 3, saying in a joint statement: “We no longer believe we can grow together as a couple in this next phase of our lives.”

They were married for 27 years of marriage and had three kids together.

It’s unclear what the main causes of the split were but a source told People Magazine the couple wanted to wait until their youngest daughter turned 18 before they announced the divorce.

Reports have suggested that Melinda Gates sought divorce lawyers in 2019, about the same time as Gates’ ties with Jeffrey Epstein surfaced.

Gates was at his $12.5 million mansion at The Vintage Club in California when news of his divorce broke, a source told Page Six this week. He had been staying at the exclusive golf resort for three months, the source said.

This is not the first time Jennifer has shared her thoughts on her family on Instagram.

Shortly after the divorce announcement, the 25-year-old posted another story that read: “It’s been a challenging stretch of time for our whole family. I’m still learning how to best support my own process and emotions as well as my family members at this time and am grateful for the space to do so.”

Read the original article on Business Insider

The 44-year-old successor to billionaire ‘Bond King’ Bill Gross is retiring early to go on road trips with his kids. ‘The pandemic has caused everybody to reevaluate.’

Nick Maroutsos
Nick Maroutsos will retire from Janus Henderson Investors in October.

  • Nick Maroutsos, head of global bonds at Janus Henderson Investors, told Bloomberg he will retire in October.
  • The 44-year-old said the pandemic had made him reevaluate his life. He wanted to spend time with his kids, he said.
  • Maroutsos took over from legendary billionaire “Bond King” Bill Gross in 2019.
  • See more stories on Insider’s business page.

Nick Maroutsos, head of global bonds at Janus Henderson Investors, is set to retire in October to take more road trips with his kids, after the pandemic caused him to reevaluate his “goals in life,” he told Bloomberg.

The 44-year-old investor took over from “Bond King” Bill Gross at Janus in 2019. The firm manages a $400-million portfolio.

He said he planned to spend more time with his wife and three children, and take his 14-year-old daughter to cross-country lacrosse tournaments. He wanted to spend more time with his kids while “they still like me,” he said.

“The pandemic has caused everybody to sort of reevaluate not just their career paths, but goals in life,” Maroutsos said. “I spent a lot of time thinking about that and where I want to be in the next 10 years.”

Maroutsos founded fixed-income investment company Kapstream Capital in 2007, which was bought by Janus eight years later. He manages the Janus Henderson Short Duration Income ETF, which has a $3 billion market capitalization.

Maroutsos said that, after spending 20 years working in fixed-income investments, now was a good time to “step back and hit the reset button.”

Maroutsos said he would work again at some point, but was not sure exactly where.

“In a year’s time, I will probably resurface in some capacity. I’m looking at things potentially outside of fixed income,” he said. “But I’m not good enough at other things, like either music or cooking, to do them.”

Read the original article on Business Insider

How To Help Your Kids Develop An Entrepreneurial Mind

Reading Time: 4 mins

Every parent hopes they have a genius on their hands, let’s be honest! But what if you could encourage your child’s brilliant mind to get them started early in life with an entrepreneurial attitude? That’s exactly what the folks at www.teiyu.co.uk offer. Teiyu use a storytelling approach to build an entrepreneurial mindset in children…and you can find out more below.

Because they believe, as we do, that it’s possible to help nourish kids in developing an overall leadership attitude and skillset.

  1. Teach Them About Money Early On
  2. Encourage A Leadership Attitude
  3. Inspire Creative Thinking
  4. Help Them Develop Excellence 
  5. More Ways Kids Can Make Money

Teach Children About Money Early On

Help your kid make millions by teaching them early on

At school, we hardly get any financial education at all. Sure, we’re taught maths – but there’s no real insight into how percentages (interest rates) and sums (budgeting) really impact our lives outside of the classroom.

Teaching your children about money early in their development doesn’t mean giving them lectures, either! You could start by demonstrating the importance of saving, by giving pocket money each week. For older children, what about showing them how bills work – raise their pocket money allowance, but take some back to pay ‘bills’ (you can sneak it into a savings account for them, if you like!).

Another way to encourage children to think about money is to include them in financial activities. When you go grocery shopping, for example, take a calculator. Tell them your total budget and ask them to monitor whether you’re sticking to it. Or, if you go to a restaurant, give them a budget to spend on their meal and see what they can get with it from the menu.

When they understand how money makes the world go round, it’s much easier to encourage them to consider how they want to make their own money. You can, for example, exchange a few pounds for chores they complete around the house. For older children, encourage them to take on a part-time job – that could be making and selling crafts, taking on a paper round (they still exist!), or helping older neighbours with their shopping or gardening.

 

Encourage a Leadership Attitude

When your child understands how money works, it’s a good time to start encouraging their entrepreneurial mindset. This starts with a leadership attitude!

Teiyu is a great resource for children who want to get ahead. It’s a storytelling strategy about a lizard called Teiyu, who helps children solve problems in the land of Teguria. It’s a positive, encouraging experience that helps children embrace problem-solving strategies on their own.

Other ways to encourage a leadership attitude is to volunteer with community groups, or attend other groups such as Scouts or an after-school sports team. This helps develop important skills like communication, teamwork, and delegation – as well as helping your child identify their own strengths along the way.

 

Inspire Creative Thinking

Inspire creative thinking to help your kid make millions

Another key attribute to help your kid make millions in the future is to encourage creativity. Abstract problem-solving is a perfect way to help your child identify unique ways to reach a solution. You can do this through techniques such as the Teiyu stories, as well as showing them real-world problems that need a solution.

For example, let’s say you have an arts and crafts afternoon ahead of you. Let your children build a castle from a shoebox and cardboard – but tell them it has to do certain things! Does the drawbridge go up and down? Is there a secret entrance? Things like this will help your child take instruction but think creatively to reach the solution.

Creative thinking when it comes to money is another step towards an entrepreneurial mindset. For older children, you could ask what they want to buy with their pocket money. You can work out with them how long it will take to save up for it – and get them to find ways they could make more money to save faster. This might be, for example, selling some of their old clothes and toys that they’ve grown out of at a car boot sale. When they see how much faster they can get the thing they want to buy, if they make money as well as save it, you’re encouraging creative thoughts around money from a young age.

 

Help Your Child Develop Excellence

Being brilliant at something is the most notable attribute of all entrepreneurs. For some, it might be technological savvy. For others, they could be great with social skills. Help your child find their passion – and the skills they’re great at – and nurture them.

This will help them to develop excellence in these habits, skills, or hobbies over time. As they become confident in these areas, it’s easier for them to identify their strengths and how they might be able to use them to make money through an entrepreneurial mindset. One great example of this is the 12-year-old investor we spoke to on the MoneyMagpie podcast! He realised very quickly that understanding the stock market was a great skill, and he nurtured it, and is already a leading example to other children about how to invest wealth!

 

Special offer

Right now, MoneyMagpie readers are able to get an exclusive 50% off the Happy Pack. All you have to do is use the discount code HOPE50 at the checkout.

 

More Ways Kids Can Make Money

There are lots of ways to include your children from an early age when it comes to understanding (and making) money. Here are a few more ideas:

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