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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Google

An early Googler returns to the fold (officially)

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Miguel Helft
Miguel Helft
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By
Miguel Helft
Miguel Helft
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October 16, 2014, 5:09 PM ET
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Omid Kordestani, Google’s first sales executive, is officially back as the company’s chief business officer.

“I’m thrilled to be back at Google,” said Kordestani during the company’s third-quarter earnings conference call.

In many ways, Kordestani had never left. He joined Google in 1999 and led the spectacular growth of its advertising business. During his tenure, Google became the world’s largest ad seller. In 2009, Kordestani was replaced by Nikesh Arora as chief business officer, but he remained a close adviser to CEO Larry Page. And earlier this year, when Arora left to run Softbank’s Internet and Media business, Kordestani returned as “interim” chief business officer.

On Thursday, he officially shed the “interim” part of the title.

“All of us at Google couldn’t be happier to see Omid running our business organization,” said Patrick Pichette, Google’s CFO, during the conference call.

While the return of Kordestani, who is well liked inside and outside of the company, is certain to please investors, shares (GOOG) were down nearly 3% in after-hours trading, as Google’s results fell short of Wall Street forecasts.

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