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Rocking gently in his chair, he begins to sing: 'I wanna be a billionaire so freakin' bad. Buy all the things I never had. I wanna be on the cover of Forbes magazine. Smiling next to Oprah and the Queen...'

Travie McCoy and Bruno Mars’s hit Billionaire reached No 3 on both sides of the Atlantic last year. The  irony of the lyrics isn’t lost on either of us. They are, Gates chuckles, regularly used by his three children  to poke fun at him.

At 55, he has graced the cover of Forbes magazine many times. As the co-founder, with Paul Allen, of Microsoft, he grew a 1975 back-room start-up into a software behemoth worth, at its peak, $400 billion. Oprah Winfrey is a close friend; the pair meet regularly and she has discussed signing his ‘Giving Pledge’ to donate the bulk of her $2.7 billion estate to charity.

And the Queen? Well, she gave him an honorary knighthood back in 2005.

Facebook is planning to file an initial public offering as early as October or November, according to a CNBC report. A filing at that time would most likely lead to an IPO in the first quarter of 2012, with a potential $100 billion valuation.

Investment titan Goldman Sachs, which has been working with Facebook since January, is seeking to manage the offering. In January, Goldman valued Facebook at $50 billion.

Google is emerging as the ultimate clean power sugar daddy. On Tuesday morning, Google announced it has made its largest investment in clean power to date, creating a $280 million fund for rooftop solar panel projects that will be installed by solar company SolarCity. The deal also represents Google’s first investment in residential and distributed solar.

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