Bill Gates Net Worth

Bill Gates Net Worh

Bill Gates net worth

Current Net Worth$123.5 Billion (USD – 12,350 Crores), (Rupees – 9.58 Lakh Crores)

Bill Gates short biography

Net Worth$123.5 Billion
BornOctober 28, 1955 (Age – 66)
Identified asCo-Founder of Microsoft Corporation
StatusAmerican Business Magnate, Investor, Software Developer, and Philanthropist
EducationHarvard University, Dropped Out
NationalityUnited States
ResidenceMedina, Washington
Spousal statusDivorced (Melinda French) (m. 1994; Sep. 2021)
Children3
Bill Gates short biography

Bill Gates has a net worth of $123.5 Billion (Rupees – 9,58,637 Crores), making him one of the top 5 richest men in the world.

He is a business entrepreneur, software developer, investor, author, and philanthropist from the United States.

3 of the famous billionaire Jeff Bezos, Bernard Arnault, and Elon Musk has surpassed Gates some months ago.

He is the Microsoft Corporation co-founder.

During his time at Microsoft, Gates served as chairman, CEO, president, and chief software architect.

Gates was the world’s highest-earning billionaire in 2013, according to the Bloomberg Billionaires Index, as his net worth grew from US$15.8 billion to US$78.5 billion.

He was the company’s largest individual shareholder until May 2014.

For 18 of the last 23 years, Bill Gates has topped Forbes’ list of the world’s billionaires.

Trending about Gates

The Bill & Melinda Gates Foundation, the world’s biggest private charity foundation, is chaired by Bill Gates and Melinda French Gates, who are now divorcing.

Melinda Gates has received at least $3 billion in stock from Bill Gates.

Amazing Fact about Gates

He has written three books:

  • Business @ the Speed ​​of Thought
  • How to Avoid a Climate Disaster
  • The Road Ahead

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Bill Gates biography

Bill Gates Net Worth
Bill Gates (Image Source – StatNews)
Full NameBill Gates
BirthplaceSeattle, Washington, U.S.
Height5.9 feet, 175 cm
Weight70 Kg
FatherBill Gates Sr.
MotherMary Maxwell
Bill Gates biography

Bill Gates was born on October 28, 1955, in Seattle, Washington.

William H. Gates Sr. and Mary Maxwell Gates are his parents. His father was a well-known lawyer, and his mother was a member of the boards of directors of United Way of America and First Interstate BancSystem.

He is the fourth Gates in his family, but because his father had the “II” suffix, he is referred to as William Gates III.

Gates has an elder sister, Kristi (Kristianne), and a younger sister, Libby.

J. W. Maxwell, a national bank president, was Gates’ maternal grandfather.

He owns property in the United States and has invested in scores of enterprises, including Canadian National Railway and AutoNation.

Bill Gates social media handles:

Education

Bill Gates Net Worth
Bill Gates Net Worth (Image Source – Instagram)

Gates joined the prestigious Lakeside prep school at the age of 13 and created his first computer program there.

When he was in eighth grade, the Lakeside School Mothers’ Club utilized profits from a rummage sale to purchase a Teletype Model 33 ASR terminal and a block of computer time for the kids on a General Electric (GE) computer.

In the fall of 1973, Bill Gates enrolled at Harvard University, intending to pursue a career in law.

After two years at Harvard, Bill Gates left to create Microsoft.

Gates walked out of college in 1975, much to his parent’s dismay, to pursue his startup, Microsoft, with partner Allen.

Career

Bill Gates Net Worth
Bill Gates Net Worth (Image Source – Instagram)

At the age of 17, Gates and Allen founded Traf-O-Data, a company that made traffic counters using the Intel 8008 CPU. He was a congressional page in the House of Representatives in 1972.

In the summer of 1974, Gates reconnected with Paul Allen and joined him at Honeywell. The MITS Altair 8800, based on the Intel 8080 CPU, was introduced in 1975, and Gates and Allen recognized a chance to create their own computer software firm.

At an auction in 1994, Gates paid US$30.8 million for the Codex Leicester, a collection of scholarly works by Leonardo da Vinci.

Gates was the company’s chairman and CEO until January 2000, when he was succeeded by Steve Ballmer while remaining chairman of the board of directors and assuming the role of a chief software architect.

In February 2014, he stood down as chairman of the board of Microsoft and took on a new role as technical adviser to assist newly appointed CEO Satya Nadella.

Microsoft’s history

After seeing the Altair 8800 in the January 1975 edition of Popular Electronics, Gates contacted Micro Instrumentation and Telemetry Systems (MITS) to let them know that he and his colleagues were working on a basic interpreter for the platform.

In July 1980, IBM, the largest provider of computer equipment to commercial businesses at the time, approached Microsoft about software for its impending personal computer, the IBM PC, after Bill Gates’ mother, Mary Maxwell Gates, recommended Microsoft to IBM’s CEO, John Opel.

Microsoft only received a modest amount as a result of the arrangement. The reputation gained by IBM’s adoption of Microsoft’s operating system would be the catalyst for Microsoft’s metamorphosis from a tiny firm to the world’s top software corporation.

On June 25, 1981, Gates oversaw Microsoft’s reorganization, which re-incorporated the business in Washington state and appointed Gates as president and chairman of the board of directors, with Paul Allen as vice president and vice-chairman.

On November 20, 1985, Microsoft and Gates released the first retail version of Microsoft Windows.

Wealth

His fortune temporarily reached US$101 billion in 1999.

Gates said in May 2006 that he hoped he wasn’t the world’s richest man because he despised the attention.

After a 48% surge in Microsoft shares, he surpassed Jeff Bezos as the world’s richest person on November 15, 2019.

Gates has a number of assets outside of Microsoft, which gave him a salary of US$616,667 and a bonus of US$350,000 in 2006, for a total of US$966,667.

Gates was the world’s youngest self-made billionaire when he has classified as a billionaire in Forbes magazine’s 400 Richest People in America edition in 1987, with a net worth of $1.25 billion.

Private & early life

Bill Gates Net Worth
Bill Gates and Melinda French

On January 1, 1994, Bill Gates married Melinda French on the Hawaiian island of Lanai. After Melinda started working at Microsoft in 1987, they met. Melinda Gates allowed Gates to spend limited time with his ex-girlfriend, businesswoman Ann Winblad, during their marriage.

Jennifer, Rory, and Phoebe are Bill and Melinda’s, three children.

The family’s home in Medina, Washington, is an earth-sheltered house on the slope of a hill overlooking Lake Washington. The mansion’s property taxes were reported to be US$1.063 million in 2009, based on a total assessed value of US$147.5 million.

Melinda has been consulting with divorce counsel since 2019, according to the Wall Street Journal, citing interviews that showed Bill’s links to convicted sex offender Jeffrey Epstein was at least one of her worries.

Bill and Melinda announced on Twitter on May 3, 2021, that their 27-year marriage was coming to an end. But they will continue to serve as co-chairs of the foundation.

His tweet on June 17.

Philanthropy

Bill Gates Net Worth
Bill Gates Net Worth (Image Source – Instagram)

Gates and his wife merged three family foundations in 2000, and Gates donated $5 billion in stock to establish the charitable Bill & Melinda Gates Foundation, which was named the world’s wealthiest charitable foundation by the Funds for NGOs company in 2013, with assets estimated to be worth more than $34.6 billion.

Bill and Melinda Gates were the second-most generous philanthropists in America in 2007, having donated over $28 billion to charity; the pair plans to contribute 95% of their wealth to charity at some point in the future.

Melinda Gates recommended that people should follow the Salwen family’s charitable efforts, which were chronicled in their book, The Power of Half, in which they sold their home and gave away half of its worth.

In addition, Bill Gates has made personal gifts to educational institutions. Gates contributed $20 million to the Massachusetts Institute of Technology in 1999.

Awards

YearAwards
1996Member of the US National Academy of Engineering
1998Honorary Member of the American Library Association
1999New York Institute of Technology’s President’s Medal
2002Jefferson Award
2006Grand Cross of the Order of Prince Henry
2006James C. Morgan Global Humanitarian Award
2007Honorary trustee of Peking University
2010Bower Award
2010Silver Buffalo Award
2012Fourth most powerful person in the world
Bill Gates awards

Net worth statistics

  • October 2016 – $81.0 B
  • March 2017 – $86.0 B
  • October 2017 – $89.0 B
  • March 2018 – $90.0 B
  • October 2018 – $97.0 B
  • March 2019 – $96.5 B
  • October 2019 – $106.0 B
  • April 2020 – $98.0 B
  • September 2020 – $111.0 B
  • April 2021 – $124.0 B
  • April 2022 – $129 B

Bill Gates Quote

“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”

– Bill Gates

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