May 6, 2021

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Who is Bill Gates and what is his net worth? – The sun

Who is Bill Gates and what is his net worth?  - The sun

BILL Gates is one of the richest men who ever lived and regularly figures at the top of the list of the richest individuals in the world.

But how much is the co-founder of Microsoft worth and is he the richest man in the world? Here’s what we know …

Read our Bill Gates live blog below for the latest news and updates …

Bill Gates co-founded Microsoft in 1975

Who is Bill Gates?

Bill Gates is the founder of Microsoft.

In 2000, he and his then wife Melinda Gates worked together to form the Bill & Melinda Gates Foundation, one of the largest charitable foundations in the world with a $ 50 billion endowment.

Bill Gates stepped down from Microsoft’s board of directors on March 13, 2020, nearly 45 years after founding the company with Paul Allen and 20 years after stepping down as CEO in 2000.

Gates grew up in Seattle, Washington with his two sisters and his parents. He founded Microsoft with Paul Allen after leaving college.

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Credit: Wikimedia Commons: Kuhlmann / MSC

What is Bill Gates’ net worth?

As of May 2021, Gates’ net worth was estimated at around $ 130.5 billion, according to Forbes.

Highlights of Forbes:

  • Bill Gates co-chairs the Bill & Melinda Gates Foundation, the largest private charitable foundation in the world.
  • In May 2020, the Gates Foundation said it would spend $ 300 million to fight the coronavirus pandemic, funding treatment, detection and vaccines.
  • Gates sold or divested much of his stake in Microsoft – he owns just over 1% of the shares – and invested in a mix of stocks and other assets.
  • To date, Gates has donated $ 35.8 billion of Microsoft stock to the Gates Foundation.

Is Bill Gates the richest person in the world?

Last year, the 64-year-old became the second richest person in the world – with a paltry $ 124 billion fortune – when he stepped down from Microsoft’s board to focus on their charitable endeavors.

He is currently the fourth richest man in the world.

Although he has donated $ 50 billion to charity since 1994, Gates is making money at a faster rate than he has donated, according to reports.

After the news of Bill and Melinda Gates ‘bombshell divorce, Gates’ luck was questioned because much of it was not given to the Bill and Melinda Gates Foundation led by the couple.

Like Tesla CEO Elon Musk, some of Gates’ biggest crazes have been in the property, which recently bought an oceanfront behemoth near San Diego, California.

He also owns a number of luxury cars, including expensive Porsches, but it’s unclear how Gates’s fortune will be divided now that they’re getting divorced.

Melinda was a powerful Microsoft executive before she met and married Bill and had three children with him, Jennifer, Rory and Phoebe.

It formalized the Bill and Melinda Gates Foundation in 2000, and the couple shelled out $ 45 billion to address major global issues, such as gender equality and poverty.

    Bill and Melinda Gates pledged their fortune to help the poorest in the world

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Bill and Melinda Gates pledged their fortune to help the poorest in the worldCredit: Getty Images

What does the Gates Foundation do?

Gates is so often topping the charts as the richest person in the world that it’s weird to think he could be much, much richer.

The Bill & Melinda Gates Foundation (often abbreviated simply to Gates Foundation) was formed in 2000 with the goal of improving health care and reducing poverty around the world.

Gates, a renowned philanthropist, has donated tens of billions to the foundation and recently pledged nearly £ 30 million to a project to create ‘super cows’.

It is hoped that research into high-yielding dairy cows, better egg-laying chickens and disease-resistant “super-crops” will help farmers around the world.

The project, which is supported by the Gates Foundation and the UK’s Department for International Development, aims to help the poorest agricultural workers in areas such as Africa and the South

Is Bill Gates going to leave his fortunes to his family?

Bill has been more outspoken in the past about how he intends to leave his children slightly smaller chunks of his fortune, at least in comparative terms.

When asked about rumors that he would be leaving his three children alone – Jennifer, Rory and Phoebe – $ 10 million each during a Reddit AMA session in 2013, Gates explained that it was to their advantage.

“I think leaving the children with huge amounts of money is not a favor for them,” she said.

“Warren Buffett was part of a Fortune article that talked about this in 1986 before I met him and it made me think and decide he was right.”

Bill and Melinda Gates divorce after 27 years of marriage


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