bill and melinda gates that were friends for years became a force for good when bilodeau nated back tohe gates foundation. >> it was pretty phenomenal that right as we learned a lot of things and we were building up our capacity that we got this doubling of capacity for things like aggravated assault, things like me lair ya eradication overtime, and we were able to be unbelievably ambitious. in what we're going to do, and that is our life's work now. >> how would you say your friendship and partnership evolved overtime. >> with me it started on july 5th, 1991. bill was reluctantly agrees to meet me, and we hit it off, we started doing things together, one of the great ones was a 17-day trip through china. >> i tease bill because they're came a point in our life that omaha was always on the way to or from the east coast. >> another initiative that you three are actively involved with is the giving pledge, and i know that has been a place where people actively involved in philanthropy can get together and talk about what has and hasn't worked. can you tell us something that comes from th

. >>> >>> warren buffet and bill and melinda gates were friends for years and became a driving force when buffet decided to donate a majority to the gates foundation in 2006. we asked the trio about the impact they've had. >> it's phenomenal we learned a lot of things and building up our capacity we got this capacity so things like agriculture and eradication over time. that's our life's work now. >> how would you say friendship and partnership has been over time? >> it started as partnership and we hit it off and then we've had a lot of good times since we started doing things together. one of the great things a trip through china and bill arranged so i could eat hamburgers the whole way. >> there came a point in our life when it seemed like omaha was always on our way to or from the east coast. he would come through to see warren. >> the giving pledge, i know that's been a place where people who are actively involved can get together and talk about what's worked and hasn't worked. i wonder if you could tell us something that comes from that? >> 30 people joined up and a little over

what bill and melinda gates have done also is bring their business expertise and that has made a big erik: we thank you very much madam prime minister. julia gillard: lovely to join you. erik: more "market makers" after the break -- we are live from las vegas. ♪ stephanie: is there an opportunity in the corporate credit market -- one of the sectors top dogs will be here to tell us where he is cashing in. erik: plus, where to find returns this year, you will hear about that from michael novogratz live from the salt conference in las vegas here it we will be back. ♪ >> live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. stephanie: welcome back -- i am stephanie ruhle. erik: we are live in las vegas from the salt conference talking to many of the worlds most intelligent, insightful, and powerful investors. stephanie: it remains some of the most exciting parts of the show are during the commercials. we are two hours into big u.s. trading day, markets in europe are closing. let's look at the numbers. scarlet: the stoxx 600, the br

that are friends with trees. [ train whistle blows ] ♪ ♪ my mom works at ge. ♪ ♪ >>> the bill and melinda gatesion. also joining their conversation warren buffett who has pledged much into that foundation. they address some of the controversy the gates foundation has faced recently. >> can i ask each of you about the work the one item that you've worked on at the foundation that you're most proud about and, warren i'll ask you first because i heard you talk about some of the stuff that melinda has worked on. >> i think melinda was fabulous and i don't know how long it's been now, maybe two years ago or so and melinda really put her energies, her voice and money beyond that. but the voice of the energy are probably even more important behind family planning and as she traveled around the world, i should let her talk about it but she saw what happens when people really aren't in control of the family size and planning and that took some guts to do. but i think it's had a huge impact and it's had an impact beyond the money and beyond the specific grants that may have been made. it could change the

abc's rebecca jarvis sat down with the pledge founders, warren buffett and bill and melinda gates tock the progress. >> reporter: they hang out with rock stars. even presidents. >> he's so thrifty i had to give him a white house tie. when bill gates came he wanted one, too. >> reporter: but for the past five years, these billionaires have focused on a remarkable mission -- giving away their massive fortunes to charity. you decided to give away 99%. of your wealth. >> other people can buy vacsiecine vaccines. it can buy education. besides, you know, 20 years from now, i'll be in a place where there will be no form 400. >> reporter: we visited warren buffett and bill and melinda gates to talk about the giving pledge and the challenges ahead. >> i have been amazed. how receptive people have been. >> reporter: what began as 40 billionaires pledging to donate at least half their money has tripled. 135 individuals from 14 countries. a total of $1 trillion in commitments from the likes of facebook's mark zuckerberg richard branson. >> these people are giving a minimum of 500 -- >> reporter:

melinda gates said, i get it rick. the church could be the distribution center for health care. i said, it has been for 2,000 years. put it in perspective. the church invented the hospital. if we're going to absolutely eradicate diseases, we have to do a combination of the public sector, the private sector and the faith sector. the three legs of the stool. again, i'd encourage if -- if there's any way to end sequestering, i'm in favor of that. there are lot of areas i think where we could cut the budget. this is an area budget that should be increased for strategic reasons. thank you. >> thank you very much, rick. sir elton john. >> thank you very much. mr. chairman, senator leahy members of the subskmeetcommittee, thank you for the opportunity to let me testify this morning. it's a very daunting task sitting at a table with three amazing people who are in the trenches every day fighting this disease who do incredible work. i'm humbled by being here and humbled amongst the company i'm keeping. in 2003 at their invitation of senator ted kennedy, i had the honor of speaking before

melinda gates co chair of the bill and melinda gates foundation number four, janet yellen the first womano head the federal reserve and rounding out the top five, general motors c.e.o. mary barra the first woman to lead a major automakers. stephanie sy is back in two minutes with more aljazeera america news. keep up on aljazeera.com. >> the floodwaters gibb to recede in the accident. now the desperate search toe find those still missing as families try to rebuild their lives. >> scandal rocking the soccer word this morning top fifa officials arrested accused of bribery. >> hackers got ahold of personal information on tens of thousands of taxpayers from the i.r.s. >> i'm in los angeles with a report on the staggering amount of student debt owed by older americans. >> this is aljazeera america. good morning live from new york city i'm stephanie sy. the recovery has begun in texas from some of the worst floods ever to hit the state. officials say the floods caused at least 17 deaths in texas and oklahoma. many of the victims were taken by surprise. 11 people are still missing this morning, i

melinda gates was sitting in the front row. she said, i get it rick. the church could be the distribution center for health care. i said melinda it has been for 2,000 years. let's put this in perspective. the church invented the hospital. and if we're going to absolutely eradicate these diseases, we've got to do a combination of the public sector, the private sector, and the faith sector the three legs of the stool. again, i would encourage, if there's any way we could end sequestration, i'm in favor of that. there are a lot of areas i think we could cut the budget. this is one area of the budget that should be increased for strategic reasonings. thank you. >> thank you very much rick. sir elton john. >> thank you very much. mr. chairman, senator leahy, and members of the subcommittee, thank you for the opportunity to let me testify this morning. it's a very daunting task sitting at a table with three amazing people who are in the trenches every day fighting this disease who do incredible work. i'm very humbled by being here and humbled amongst the comp

in a place where there will be no form 400. >> reporter: we visited warren buffett and bill and melinda gatestalk about the giving pledge and the challenges ahead. >> i have been amazed. >> reporter: what began as 40 billionaires to donate at least their money has tripled. 135 individuals from 14 countries. a total of $1 trillion in commitments from the likes of facebook's mark zuckerberg. you're surprised? >> i have got an fair number of nos. >> we had no idea that we would get this many people to come together. >> reporter: tackling issues like poverty, education and disease, where they have seen considerable success. >> polio is likely to become the second disease ever eradicated and we'll take that success and go after other diseases like malaria. >> what has the most pressing urgent need today? >> how do we empower women and girls? they're at the center of the families. >> reporter: of the world's 1800 billionaires 7% have signed the pledge, getting more new faces onboard, particularly international donors is a top priority. i want to hear the elevator pitch. >> i just say, hi rebecca, w

flanphilanthropist melinda gates came in third. oprah winfrey came in 12th. beyonce, let's see where we get this you see hillary clinton was second. and number four oprah winfrey and number 21 that was beyonce. for the first time ever taylor swift made the list her transition from country crooner to pop star helped her take the 64th spot. she's the youngest woman on the list at just 25 years old. angie? >> thanks barbara. >>> this morning, we are the idaho man recovering from getting struck by a bolt of lightning. we warrantnt to warn you, these photos of his injuries are graphic and may be difficult to look at. the man was standing under a tree when he was hit. you can see right here that red stripe down his crest inhest from the bolt. doctors say it entered through his head and exited out of his back. in case you were wondering, the odds of getting struck by a bolt of lightning, barbara, 1-700,000. he survived. >> i heard that. that's amazing. really amazing. >>> after the break, the technology being used to help >>> kappa delta rho is banned from penn stat

melinda gates is third and she is followed by mary barra. beyonce was 21 ask ellen degeneres came in 50th. >>> it is a musical send off fitting a king. in this characters bb. today the city of memphis paid tribute to the blues legend who died two weeks ago. fans lined the streets for a procession toward bb king blues highway. king's family will hold a funeral on saturday. >>> we are still working on a developing story. the death toll is rising. >>> four states are decriminalizing marijuana. why are some right now verizon is offering unlimited talk and text. plus 10 gigs of shareable data. yeah, 10 gigantic gigs. for $80 a month. and $15 per line. more data than ever. for more of what you want. on the network that's #1 in speed, call, data and reliability. so you never have to settle. now, also get $200 when you join and buy a new smartphone. stop by or visit us online. and save without settling. only on verizon. >>> as more states decriminalize marijuana, there is an opportunity to make money from the cannabis industry. according to the repo

melinda gates said i get it, rick, the church could be the center of distribution for health care. i said melinda, it has been for two million years. the church created the hospital. we've got to do a combination of the public sector, the private sector, the faith sector, the three legs of the stool. i would encourage, if there's any way we could end sequestration, i'm in favor of that. there's a lot of areas that i think we could cut the budget. this is one area that should be increased for strategic reasons. thank you. sir elton john. >> thank you very much. mr. chairman, mr. leahy, and members of the subcommittee thank you for giving me the opportunity to testify before you. it's a task to sit at the table with amazing people people who are in the trench every day, who do amazing work every day. i'm humbled. at 2003 at the invitation of senator ted kennedy, i had the honor of speaking before the senate health committee in my capacity as the elton john aids foundation. i created the foundation in 1992 to address the dire need to provide basic services and support to those dying f

it's had shout out from chelsea clinton and melinda gates. >> they're huge role models for me. >> reportergirls much longer. >> i want to learn how to write code. >> reporter: the 6th and 7th grades are finished a program. the day, career fair by female executives. >> it made me think about a good career for me. >> reporter: middle school play seem early to have a career fair but organizers say it's not. this is the time when kids are making decisions about themselves, that could affect the rest of their lives. >> middle school age, 6, 7, 8th, when students begin to self-identify as being good at things and begin to self-select out of things that they perceive that they may not be good at. >> reporter: and noticing who else seem to be good at those things. >> is having a role model that looks like them important? >> absolutely. i think if you can see yourself in that place you can imagine how to get there. >> reporter: for leah, she's just getting started. she'd love to interview marisa my somewhere cheryl sanburg. >> she's like a god and like the bible for me. >> reporter: the blog was an

angela american elf germany hillary clinton and bill gates' partner melinda gates.done. >> okay, other people on the litz, i know you want to know where oprah was 12, angelina jolie, 54, sophia, 52, allen degeneres, 50. and your friends gisele, she got bumped. no longer on the list. >> not in the top 100 any more. well, she quit the modeling world, didn't she? >> no longer relevant now because she as not a mod snell there are other ways. >> she not. her response, i feel very deflated. >> i bet she's on your list. >> no. never on my list. >> the one i like, adrian a limaa. i never had a thing for gisele. remember how he went in tom brady's life? >> i'll give $100 if you can tell me the name that far woman? bridget moynihan? so you give yourself hundred hundred dollars now? >> yes, i will gay bay myself right now. >> she's on sex and the sit. >> i hoaxer okay. >> all right sue? >> we've got to take a look at the seven day forecast, i'm distracted by your fascinating conversation. >> you're looking at the computer. don't lie to me. >> graduation gifts. 88 degrees today

it's had shout out from chelsea clinton and melinda gates. >> they're huge role models for me. >> reporters what she wants to show to girls much longer. >> i want to learn how to write code. >> reporter: the 6th and 7th grades are finished a program. the day, career fair by female executives. >> it made me think about a good career for me. >> reporter: middle school play seem early to have a career fair but organizers say it's not. this is the time when kids are making decisions about themselves, that could affect the rest of their lives. >> middle school age, 6, 7, 8th, when students begin to self-identify as being good at things and begin to self-select out of things that they perceive that they may not be good at. >> reporter: and noticing who else seem to be good at those things. >> is having a role model that looks like them important? >> absolutely. i think if you can see yourself in that place you can imagine how to get there. >> reporter: for leah, she's just getting started. she'd love to interview marisa my somewhere cheryl sanburg. >> she's like a god and like the bible for me.

they've had how about angula motorcycle he will of course chancellor of germany, hillary clinton, melinda gatesunds out the top five. >> interesting. >> yes. >> oprah beyonce, angelina sophia also making appearance on the list. oprah always on that list. >> first billionaire, sever made in the u.s. >> think so. >> still ahead: and they thought it was the perfect prank, but no one is laughing. the punishment some student are facing after letting thousands of lady bugs loose. (sal bumm, if a too you, i believe 1918 release great albumn. 5:55, is the time. don't want to short change you those four, five minute. senior prank at maryland high school costing some student their graduation. but not walking across the stage, not even the biggest part of their punish. after they released 70,000 lady bugs, student broke into the school, released the insect. they thought it was a harmless prankment now they are facing criminal charges. that include we, property destruction, disruption of school activities, three kids involved in the prank are being charged as adults. >> they set it burglar alarm off t take

bill and melinda gates. they have a simple vision. their vision is that every life has equal value and therefore we should create a world where people have equal chances. that's their vision. simple. they have a strategy. we got a lot of money and we're going to invest it to achieve that vision. but we're going to invest it through people who do things that we can't do. we don't want to hire 100,000 people to implement all these things we fund. so for example melinda gates and hillary recently announced before she left the foundation that they were going to -- that all this data research they'd done on the condition of women and the disparities in the conditions of women and men in the united states and around the world. bill gates and gates foundation invest a lot of money every year through our health initiative to -- iconoclastic. he just wants to do what works. he said the world health organization ought to be able to do this but it can't, and so we do it. but it's very interesting to watch how a person -- if you listen to him, yo

as for the rest of the top five hillary clinton is number two and melinda gates is third.janet yellin falls two spots to number four and general motors ceo mary barra is fifth. >>> merriam-webster's dictionary is out with the new words and phrases. among the highlights net neutrality, dark money emoji and meme. msfw and meaning not safe for work and online discussions to warm people about the contents of a particular link. >> all right. let's go back and talk about the warriors more. the dubs not a secret weapon and the loyal fans in the game and you're about to meet one of them as abc news reporter katie udas explains she's been a fan for a long, long time. >> it's a long story and you don't want to hear it, but i'll tell it anyway. >> the dub nation has a matriarch. >> i love to get in there and fight with them. >> her name is sweetie. >> lord have mercy. >> reporter: she's 105 years old and can't say just how long she's been a warriors fan. >> it's been a long time. me and my husband used to watch it and we used to go to the games. >> reporter: now she watches at home.

it's had shout outs from chelsea clinton and melinda gates. >> i was hieptar ventilating because they'reels for mep. >> pete: >> reporter: and role models are what she wants though not just to fellow commuter science majors but to girls who are much younger. these sixth and seventh-graders from kip bayview akt academy finished a program on tech literacy. the final day a technology career fair including speeches by female executives. >> after this experience it made me think about like it would be a good career for me. >> reporter: middle school may seem a bit early to have a career fair but the organizers say it's actually not. whether or not they realize it, this is the time when kids are making decisions about themselves that could affect the rest of their lives. >> the middle school ages sixth seventh and eighth is when students begin to self-identify as being good at things and begin to self-select out of things that they perceive that they may not be good at. >> reporter: and noticing who else seems to be good at those things. >> is having a role model that looks like them important

obviously melinda gates continues to have huge global influence, a lot more so.> i was going to say this could be the year she raises rates. >> yes. everybody is watching then maybe next year she will move up in the ranks. a little surprise she moved down. >> top corporate person is maria berra. who is six seven and eight. >> christine lagarde is number six. >> yes. she moved down a little bit. >> dilma rousseff. >> very few corporate names. >> sheryl sand berg. >> you start to see more of the tech ceos the pepsico ceo, but sheryl can't berg at number eight and susan wojcicki at number nine. >> why mary berra in terms of the top corporate woman there? you've got meg whitman. hewlett-packard is a $63 billion market cap. why mary berra above those others? >> again, i think we take into account several different factors. it's not just revenues. also the amount of buzz they had. gm has been in the news a lot. she's been having to be in the middle of the fire and she's been handling that pretty well. so those are some of the qualifiers that go into it when we add up t

third is melinda co-hair of the bill and melinda gates foundation. hillary clinton is number two.german chancellor angela merkel. the entire list is featured in the new list of "forbes." and the executive vice president of "forbes" media, good morning. >> good morning. >> great to see you. >> german chancellor merkel for how many years now? >> for five years. she oversees the fourth largest economy in the world but also the largest economy in europe. the state of the economy rests on her shoulders for things like the debt crisis in greece. what she does in europe affects us all. >> hillary clinton jumps from number six to number two, because she's running for office? >> she is. >> i know she is. is that why she made the jump? >> that's why she made the jump. obviously very likely a democratic candidate but also the presumptive president of the free world. when you're seen as having that power in the future. it gives you that power today. she's also made huge bucks thanks to speaking engagement. she's gotten a lot of trofrgsz around controversy around that. >> taylor swift -- >> th

he sits on expert scientific committees and boards for the dod, nih the bill and melinda gates foundation and numerous pharmaceutical companies working on u.s. military development priorities. he took his bachelor's degree with honors in biomedical ethics from brown university and a medical degree from albany medical college. finally, colonel neil e. woolen, dmv, mss, ph.d., is the director of biosecurity at u.s. army medical research institute of infectious diseases. this is one army acronym i do know. did i get that right? >> yes sir. >> all right. a biological defense laboratory that is part of the u.s. army medical research and material command. during his first tour of duty he participated in ebola outbreak investigations in zaire and the thai forest of the ivory coast as well as animal outbreak investigations and field studies in the northwest territories of canada and montana for anthrax plague and other diseases. in 2010 colonel woolen returned where he served in his current position while also completing senior service college through the distance education program at the army wa

we'll bring you a far reaching conversation with philanthropists bill and melinda gates and how they're the health and welfare of millions around the globe. it's tuesday may 5th. squawk box begins right now. ♪ >> live from new york where business never sleeps, this is squawk box. >> good morning and welcome back to squawk box. becky is off today. she is on her way back from omaha. he'll be back in the morning. in the meantime new york rolling out the red carpet last night for the annual met gala. it has become one of the biggest nights of the year for high fashion. beyonce and jay-z, rihanna, george and amal clooney, lady gaga cher madonna, kim kardashian kanye west. it's a fund-raiser for the metropolitan museum constitute institute. this year's show was called china through the looking glass. there you have it.

melinda gates came up and said to my get it.urch could be the distribution center for health care. i said it has been for 2000 years. 2000 years. let's put this into perspective. the church invented the hospital. if we are going to absolutely eradicate diseases we have got to do a combination of the public sector, private sector, and the faith sector the three legs of the stool. again, i encourage if there is any way we could end sequestration i am in favor of it. a lot of areas i think we could cut the budget. this is one that should be increased for strategic reasons. thank you. >> thank you very much. >> thank you very much. thank you for the opportunity to let me testify this morning. it is a very daunting task sitting at a table with three amazing people in the trenches everyday fighting this disease. you do incredible work so i am humbled by being here and humbled amongst the company i keep. in 2,003 at the invitation of senator ted kennedy i have the honor of speaking before the senate health committee in my capacity as t

television for serious readers. >> bill gates, cofounder of microsoft and the bill and melinda fateson recently released via "vanity fair" a list of seven books he is reading this summer. first up, he is reading richard dawkins the magic of reality which gives scientific explanations for how the world works. next, two books by randall monroe. xkcd, a collection from his popular web comments which blends comment with humor and technology. what if? he take as scientific approach to answer unusual hypothetical scenarios. he is rereading dare huff's how to lie with statistics. first published in 1954 the book looks many ways that numbers can be manipulated. bill gates list of summer reading continues with the examination of the history of vaccinations on immunity. next, should which eat meat. a scientist looks at the practical and moral considerations of meat consumption. and finally, bill gate's reading hyperbole and a 1/2. cartoonists ali brash collection of humerus stories. for more information on bill gates summer reading picks visit "vanity fair".com or his website, gates notes.com.

. >> melinda gates three, janet yellen four mary barra five christine lagarde six. the imf. she's been on the list since we started it back 12 years ago. >> and we've had her on the show quite a few times, mika an extraordinary woman. in extraordinary times, as looking at entertainment. taylor swift. sofia vergara, she's got a whole business unto herself that she's created outside of her role. >> and that helps boost her into the ranks. >> amazing. >> by what measure is ellen degeneres more powerful than the all powerful taylor swift? >> actually ellen degeneres is one of the highest-paid people on tv. she has quite a cult following. i'm sure taylor swift will be moving up in those ranks. she's only 25, she's got some runway runway. >> and tell me about some more of the self-made women number two, diane hendricks, who is she? >> she's the co-founder of 84 bummer will. a lot of the women started the businesses with their husbands but they're running the businesses, they put money into the businesses. what i think is really interesting about the list is that 30% of th

as bill and melinda gates have been the largest contributors and bono through project red and corporate partnerships have contributed $$3,000,000 and from the countries and indonesia and vietnam. commitments from individuals and working to get more:. now that is value for money. mr. chairman ranking member leahy and distinguished members you are the leaders that will make this happen. thank you for your support. we look forward to serve with you as public/private partnership arm to fight these diseases. >> dr. warren. >> chairman graham and ranking member leahy members subcommittee. thank you for inviting me here today. i have so much respect and admiration for all of you. i agree that the 150 account is probably the most effective account in the united states budget. what you're doing matters to our nation, it matters to the world. actually it is a matter of life and death to millions of people around the world. i'm not just pastor of saddleback church. i'm founder of a global peace plan that sent teams to 197 countries. i sent in my own church, 24,869 of my members served in 197 quint