Bill Gates net worth and biography, He is an American business magnate, software developer, investor, author, and philanthropist born on October 28, 1955. He is a Microsoft Company co-founder. Bill Gates has been the wealthiest man on the planet for most of the last two decades.
Bill Gates – Biography
- Full Name: William Henry Gates III
- Gender: Male
- Age: 65
- Date of Birth: October 26, 1995
- Residence: Medina, Washington
- Co-Founder: Microsoft Corp
- Net Worth: $126 billion
- Marital Status: Married
- Children: 3
- Citizenship: United States
- Education: Drop Out, Harvard University
Gates grew up in Seattle, Washington, where he was born and raised. In Albuquerque, New Mexico, he co-founded Microsoft with childhood friend Paul Allen in 1975. It went on to become the largest in the world software business for personal computers.
Microsoft was estimated at $61 million when it went public, and Gates made $1.6 million by selling shares. His remaining 45 percent interest in the business was estimated at $350 million. Gates was already one of America’s wealthiest citizens at the age of 30. In 1990,
Microsoft launched another highly successful product, Microsoft Office, which is still one of its most popular products 30 years later. When Windows 95 was released in 1995, Gates became the world’s richest man, a position he held until 2008, when Jeff Bezos dethroned Warren Buffett. Bill Gates‘ fortune briefly reached $100 billion in 1999 at the dot-com boom height.
Bill Gates Net Worth
Bill Gates estimated net worth is $126 billion, according to Forbes.
Microsoft surpassed Apple and Amazon to become the most profitable company globally in 2018, with revenues reaching $100 billion for the first time.
The bulk of Bill Gates’ Microsoft stock has been sold or donated. At this point, he’s given away more than $35.8 billion in stock. He owns just over 1% of Microsoft stock, but 1% is estimated to be worth $7.3 billion. So, while Bill Gates is no longer the wealthiest man on the planet, he is still doing very well.
He was named to Forbes’ list of the world’s wealthiest people in 1987. According to Forbes, from 1995 to 2017, he was the wealthiest person on the planet for all but four of those years. In October 2017, he was surpassed by Jeff Bezos, the founder, and CEO of Amazon, who had an estimated net worth of US$90.6 billion at the time, compared to Gates’ US$89.9 billion.
Gates’s net worth was calculated to be US$163 billion in January 2021, making him the world’s third-richest individual.
Gates has amassed a sizable fortune over the years, including a $125 million Washington house, a private jet, and a luxury car collection. He spent $43 million on a 5,800-square-foot home in Del Mar, California, not long ago. However, these extravagances account for a small portion of Gates’ massive wealth, and he isn’t known for squandering his cash.
The Bill and Melinda Gates Foundation, which Gates and his wife, Melinda, founded, is the world’s largest private charitable foundation. It has a net worth of more than $50 billion and has contributed $40 billion to numerous global education and health programs over the years. The Giving Pledge was created by Bill and Melinda Gates and Warren Buffett in 2010. Those who enter pledge to give half of their fortune to charity.