The magazine calculates Mayer will get $42 million in stock options and $25 million from selling 650,290 shares of restricted stock.

Mayer is also entitled to receive her salary, which was $1 million in 2015, for two years after she leaves the company. Yahoo is also obliged to pay $26,324 per year for her health insurance and $15,000 for 24 months to help her get a new job.

“I think the bottom line is look at what [Mayer] is ending up with: She did quite well even if shareholders didn’t,” said compensation consultant Brian Foley, who helped Fortune with the figures.

Marissa Mayer joined Yahoo as chief executive in 2012 from rival Google. Mayer had been unsuccessful in trying to revive the company’s core media and online advertising business. She was criticized for spending funds on projects that failed to produce any substantial revenue.

At the height of the dot-com boom the Silicon Valley web pioneer had a market capitalization of $128 billion. Today, Yahoo’s market cap is $36.36 billion.

On Monday, Verizon announced the acquisition of Yahoo for $4.83 billion. The deal has doubled Verizon's digital advertising business, and the buyer got Yahoo's search, mail, and content businesses. Yahoo will be merged with Verizon's AOL unit.

Yahoo is keeping its 15 percent stake in Chinese e-commerce company Alibaba and Yahoo Japan, which have a combined value of $40 billion. The company tried to sell its stake in the Chinese e-commerce giant, but has abandoned the idea.

According to the original reports, Mayer’s compensation was supposed to be $54.9 million. Mayer said she doesn’t want to leave, saying “It's important to me to see Yahoo into its next chapter.”

The deals, involving financial institutions and enterprises, were signed on the eve of a meeting on delivering the outcomes of the Johannesburg Summit of the Forum on China-Africa Cooperation (FOCAC).

More than 400 participants from government agencies, financial institutions, business associations and enterprises attended the Seminar on China-Africa Business Cooperation and Signing Ceremony in Beijing on Thursday.

The seminar was hosted by the China Council for the Promotion of International Trade (CCPIT), which is a supporting event for the Coordinators' Meeting of the Implementation of the Follow-up Actions of the Johannesburg Summit of the FOCAC.

During the seminar, participants exchanged views on industrial capacity cooperation, trade and investment facilitation and financial cooperation.

Chinese and African companies spanning the sectors of infrastructure, processing and manufacturing, finance, investment, energy, chemicals, agriculture, pharmaceutical and ICT, reached consensus for future cooperation.

Jiang Weixin, chairman of the CCPIT, said the development strategies of Africa and China were highly compatible, and the two sides have many advantages.

In the future, the CCPIT will work with its African counterparts to enhance communication, strengthen policy coordination, and organize more trade and investment events to boost China-Africa trade ties, said Jiang.

Chinese Vice President Li Yuanchao had a group meeting with the African delegates.

Hailing the success of the Johannesburg summit, Li called on China and the African countries to enhance mutual trust, promote pragmatic cooperation, expand people-to-people exchanges and improve coordination on global affairs.

State Councilor Yang Jiechi held separate meetings with the foreign minister of Chad, Moussa Faki Mahamat; Sudanese Presidential Assistant Al-Jaz; and Gambian Foreign Minister Neneh MacDouall-Gaye, exchanging views on China's ties with their respective countries as well as Africa as a whole.

At the summit of the Forum on China-Africa Cooperation (FOCAC) last December in Johannesburg, South Africa, Chinese President Xi Jinping announced ten major China-Africa cooperation plans for the next three years, backed by 60 billion U.S. dollars, including interest free loans and preferential policies.

Chinese Foreign Minister Wang Yi met with his counterparts from Mali,Madagascar, Comoros and Democratic Republic of Congo.

The $25 billion project will allow vehicles to travel under the Norwegian Sea avoiding a 21-hour drive along the coastline.

The route from the southern city of Kristiansand to Trondheim in the north currently includes seven ferry crossings. As most of the waterways are wide with the largest a mile deep, it is not feasible to construct a traditional bridge. The tunnel would shorten the trip to just over 10 hours.

The first-of-its kind structure will be made up of two 1,200 meter (4,000ft) curved concrete tubes, floating up to 30 meters (100ft) below the surface. The tubes will be supported by pontoons on the surface and kept stable with connecting trusses. For extra stability, the construction might be bolted to the bedrock as well.

On the surface, there would be wide gaps between the pontoons to allow ferries to pass through.

The first underwater tunnel will connect Oppedal and Lavik, passing through the 1,300 meter (4,300ft) deep, 1,000 meter (3,300ft) wide Sognefjord.

Traveling along the new route would feel like driving through any other tunnel, according to Arianna Minoretti, a senior engineer with the NPRA.

The submerged construction will be able to cope with rough weather that is typical for the country, according to NPRA. It will also allow easier access to rural communities.

“Having this connection means that people there do not have to wait for a helicopter to go to the hospital,” Minoretti says.

The project is planned to be completed by 2035, and will preserve the landscape for those who still want to take the scenic route, the agency says.

The group at the University of Tuebingen found that many of the people who don't carry in their nostrils the bacteria Staphylococcus aureus, which causes infectious skin diseases and other ailments, instead have the bacteria Staphylococcus lugdunensis, which produces a new class of antibiotics. The scientists named the new antibiotic "lugdunin."

The scientists also tested the new antibiotic on mice and found it could clear bacterial infections on their skin. Tests on mice also showed that lugdunin worked against methicillin-resistant Staphylococcus aureus, or MRSA, as well.

Professor Mitsuo Kaku of Tohoku University says antibiotics are usually found in soil bacteria, and finding one in the human body is quite significant.

Kaku says new antibiotics are difficult to find, while drug-resistant strains of bacteria continue to emerge.
He says it may become possible to develop new drugs using bacteria from the human body.

Bezos' fortune was $65.3 billion as of 4:30 p.m. EDT (2030 GMT) on Thursday, compared with Buffett's $64.9 billion.

Microsoft Corp (MSFT.O) co-founder Bill Gates remained the world's richest person, at $77.7 billion, while Spain's Amancio Ortega, who founded the Zara clothing chain's owner Inditex SA (ITX.MC), was second at $72.7 billion. Facebook Inc (FB.O) co-founder and chief executive Mark Zuckerberg was fifth, at $54 billion.

Bezos, 52, owns close to 18 percent of Amazon. Its stock has risen by roughly 50 percent since early February, as the world's largest online retailer continued to upend retailing as more people took to the Web rather than the mall to shop.

Amazon's share price rose further in after-hours trading, after the Seattle-based company reported better-than-expected second-quarter results.

Buffett, 85, owns close to 18 percent of Berkshire, but his donation this month of $2.86 billion of Berkshire stock to the Bill & Melinda Gates Foundation and four family charities led to his drop to fourth place. He has donated more than $24.3 billion to the Gates Foundation and family charities since 2006.

Berkshire is based in Omaha, Nebraska, and has roughly 90 business units including Geico car insurance, the BNSF railroad and Dairy Queen ice cream.

In June, Buffett called Bezos a "classic example" of how a business owner could thrive, by having focused at Amazon on how to "delight" customers, and keep them coming back, rather than simply process their orders.

(Reporting by Jonathan Stempel in New York; Editing by Alan Crosby)

The Mongolian Academy of Sciences have inked a cooperation agreement with the Japanese Institute for the Humanities on January 22. In accordance with the document, Mongolia have assumed a commitment to promote expansion of collaboration of scholars and academicians in Northeast Asia, and to create a new platform of cooperation for deepening the studies on the regional history, culture, society, economy and politics. The Think Tank enables Mongolian scholars to study own country’s history at the regional level, as well as to take active parts in the international and regional programs, implemented by Russia, Japan, China and the Koreas, highlighted D.Regdel, the first Vice President of the Mongolian Academy of Sciences.

Professor Narifumi Tachimoto, Director-General of the Research Institute for the Humanities and Nature of Japan, said that the institute has been implementing three programs on Chinese Studies, Indian Studies and Islamic Studies. In light of the expansion of these programs, we launched a Northeast Asian Studies Program. “Mongolia is located in the heart of this region, so has the full capacity to become the key research base for Northeast Asia”, he noted.

Doors of the Northeast Asian Think Tank are open to all scholars and academicians of all institutes of the Academy and the university professors of Mongolia.