Bill gates net worth

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Bill Gates is an American business magnate, founder and former chairman and CEO of Microsoft, philanthropist, and author. As of this writing, Bill Gates’ net worth is 134.1 billion USD. Over much of the last 20 years, Bill Gates has been the richest person in the world. He dropped to the second richest person in the world in July 2017 when he was overtaken by Amazon founder Jeff Bezos. Today he is consistently one of the five richest people on the planet.

Bill gates net worth
Bill gates net worth

Bill gates Biography

Full Name William Henry “Bill” Gates III
Nickname Trey
Profession(s) Entrepreneur, American Business Magnate, Investor, Author and Philanthropist
Physical Stats & More
Height (approx.) in centimeters- 175 cm
in meters- 1.75 m
in Feet Inches- 5’ 9”
Weight (approx.) in Kilograms- 70 kg
in Pounds- 154 lbs
Eye Colour Greyish Blue
Hair Colour Gray
Personal Life
Date of Birth October 28, 1955
Age (as of 2021) 66 Years
Birthplace Seattle, Washington, USA
Zodiac sign Scorpio
Nationality American
Hometown Seattle, Washington, USA
School Lakeside School
College Harvard College, Harvard University
Educational Qualification Graduation
Family Father– William H. Gates Sr.
Mother– Mary Maxwell Gates
Bill Gates with his Parents
Brother– N/A
Sister– Libby Gates,
Bill Gates with his sister Libby Gates
Kristi Gates
Kristi Gates
Religion Christianity (He attends a Roman Catholic Church) [1]
Hobbies Playing Golf and Tennis
Signature Bill Gates Signature
Controversies In 2007, the Los Angeles Times criticized Bill and Melinda Gates Foundation for investing its assets in companies which have been accused of worsening poverty, polluting heavily, and pharmaceutical companies that do not sell into the developing world
Favourites
Food Thai and Indian food,
concoctions
Girls, Affairs and More
Marital Status Divorced

Note: On 3 May 2021, Bill Gates and Melinda Gates announced their divorce after 27 years of marriage. [2]

Marriage Date January 1, 1994
Sexual Orientation Straight
Affairs/Girlfriends Melinda Gates (1987-1994)
Wife Melinda Gates
Bill Gates with his wife
Children Son– Rory John Gates
Daughter– Jennifer Katharine Gates, Phoebe Adele Gates
Bill Gates with his wife and children
Money Factor
Net Worth $127.9 billion (as of October 2021) [3]
Cars Collection Porche 911
Porche 911
Porche 930
Porsche 930
Porche 959
Porsche 959
Jet Collection THE Bombardier BD-700 Global Express,
Private Plane of Bill Gates
Boeing Business Jet
Boeing Business Jet
House/Estate Xanadu 2.0
Xanadu 2.0

Bill gates net worth

Net Worth: 134.1 billion USD
Salary: $1 Million
Date of Birth: Oct 28, 1955 (66 years old)
Gender: Male
Height: 5 ft 10 in (1.78 m)
Profession: Entrepreneur, Programmer, Businessperson, Investor, Software Architect
Nationality: United States of America
As you probably know, Bill Gates co-founded the software company Microsoft with Paul Allen and is known as one of the pioneering entrepreneurs of the personal computer revolution. Today he owns less than 1.3% of Microsoft. He has sold tens of billions of dollars worth of Microsoft shares over the years. The proceeds of his sales have funded Cascade Investment LLC, the vehicle Gates uses to invest in hundreds of other companies.

Early Life

William Henry Gates III was born on October 28, 1955, in Seattle, Washington. Gates was bullied as a child. He preferred to stay in his room where he would shout “I’m thinking” when his mother asked what he was doing. When he was 13, he enrolled in the private Lakeside prep school and he wrote his first software program. He was in eighth grade during his first year at Lakeside and the school’s Mother’s Club used proceeds from a fundraiser to buy a Teletype Model 33 ASR terminal and time on a GE computer for the school’s students. Gates became interested in programming the GE computer in BASIC. He wrote his first program — a tic-tac-toe game, on this computer. Players played the game against the computer. Eventually, Gates and his friends Paul Allen, Ric Weiland, and Kent Evans were banned from using the school’s computer after they were caught exploiting bugs in the operating system to get free time on the machine. The four students formed the Lakeside Programmers Club to make money.

When their ban was over, the boys offered to look for bugs in the software in exchange for extra time on the computer. Gates began studying code to the programs that ran on the computer including Fortran, Lisp, and machine language. In 1971, a Lakeside teacher asked Gates and Evans to automate the school’s class-scheduling system. The friends wrote software with one twist–Gates changed the code so that he was in classes with a higher number of interesting girls. Gates and Evans wanted to have the new system up and running by senior year. Then, at the end of their junior year, Evans was killed in a mountain climbing accident. Gates turned to Allen to help him finish the project for Lakeside.

During their senior year, Gates and Allen formed a company called Traf-O-Data and made traffic counters on the Intel 8008 processer. He graduated from Lakeside School in 1973 and enrolled at Harvard in the fall of 1973. At Harvard, Gates took math and graduate-level computer science classes. He met Steve Ballmer at Harvard. Gates dropped out of college at the end of his sophomore year.

KEY FACTS
  • Net worth topped $350m when Microsoft went public in 1986
  • First became a billionaire in 1987. He was 31 years old
  • His 1999 net worth of $100b is the same as $153b today after adjusting for inflation
  • Would be worth $175b had he never donated a dollar to charity
  • His Seattle mansion has a 66,000 square-foot home and an assessed value of $147 million
  • Has earned at east $50 billion in Microsoft dividends since 2003
  • Owns approximately 1.3% of Microsoft today
  • Intends to give 99.96% of his wealth to charity by the time he dies
  • Reportedly plans to leave each of his three children just $10 million

Career

With the release of the MITS Altair 8800 based on the Intel 8080 CPU, Gates and Paul Allen saw this as the opening they needed to create their own computer software company. The creators of the new microcomputer, Micro Instrumentation and Telemetry Systems (MITS), formed a partnership with Gates and Allen using their Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The trade name Microsoft was registered on November 26, 1976. During the first five years of the Microsoft company, Gates personally reviewed every line of code the company shipped, often rewriting code as needed. On November 20, 1985, Microsoft launched its first retail version of Microsoft Windows.

Microsoft went public in 1986. The opening stock price was $21. After the trading day, the stock closed at $27.75 and Bill’s 45% was worth $350 million. Less than a year later, after the stock surged, he was a billionaire. He was 31 years old.

Gates announced on June 15, 2006, that he would transition out of his day-to-day role at Microsoft over the next two years in order to dedicate more time to philanthropy.

On March 13, 2020, Gates announced he would step down as Microsoft’s Chairman.

Bill Gates Net Worth Milestones:
1986 $350 million
1987 $1.25 billion
1990 $2.5 billion
1990 $15 billion
1997 $40 billion
1999 $85 billion
2000 $63 billion
2008 $58 billion
2009 $40 billion
2014 $76 billion
2020 $130 billion

 

At one very brief point in 1999, his net worth topped $100 billion. After adjusting for inflation, that was the same as being worth 134.1 billion USD.

Personal Life

In 1987, Melinda French went to work in the product development division of Microsoft. At some point, she and Bill were seated next to each other at a work dinner. They hit it off and Bill was soon calling Melinda to ask her out. Melinda eventually rose to the position of General Manager of Information Products. She stayed with Microsoft until 1996.

Bill and Melinda married on a golf course on the Hawaiian island of Lanai on January 1, 1994. They have three children; Phoebe Adele, Rory John, and Jennifer Katharine.

Gates purchased the Codex Leicester, a collection of scientific writings by Leonardo da Vinci, for $30.8 million at an auction in 1994.

Gates and his wife combined three family foundations to create the charitable Bill & Melinda Gates Foundation in 2000, the largest transparently operated charitable foundation in the world.

On December 9, 2010, Bill and Melinda Gates and investor Warren Buffett each signed a commitment they called the Giving Pledge, which is a commitment by all three to donate at least half of their wealth, over the course of time, to charity.

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Net Worth Details

Bill Gates has sold at least $40 billion in Microsoft stock and collected over $12 billion in dividends since the company’s IPO in 1986. He used that money to create the holding company Cascade Investment which has continued to grow and includes investments in companies such as Canadian National Railway and AutoNation. Gates is quite a philanthropist and donated a $3.3 billion payout he received in 2004 to his Bill & Melinda Gates Foundation. He still has a 1.3 percent stake in Microsoft.

Real Estate

Seattle, Wa: The Gates family owns a number of impressive properties around the US. He likely owns residences abroad as well, though less is known about these purchases.

In Washington, the Gates family resides in an unbelievably amazing mansion nicknamed “Xanadu 2.0”. After acquiring the lake-front property in 1988 for $2 million, Bill spent seven years and $63 million constructing what became arguably the most impressive private residence in the world.

Located on the side of a hill overlooking Lake Washington in Medina, Washington, the main house alone is 66,000 square-feet. The 66,000 square-foot estate has a 60-foot swimming pool with an underwater music system,  a 2,500 square-foot gym and a 1,000 square-foot dining room six kitchens and a dining hall that can seat 200 people. Gates is an avid reader, and the ceiling of his large home library is engraved with a quotation from The Great Gatsby. The library features priceless works, including pieces by Da Vinci.

The annual property taxes on the mansion are reported to be $1.063 million, on an assessed value of $150 million.

Rancho Santa Fe, Ca: In October 2014 the Gates family paid $18 million for a 228-acre ranch property in Rancho Sante Fe, California (near San Diego). They acquired the property from weight loss tycoon Jenny Craig. The property, dubbed “Rancho Paseana”, is a horse ranch. Gates’ daughter Jennifer is an avid rider. The property has a racetrack, orchard, five barns and even a suite for a full-time veterinarian.

Del Mar, Ca: In April 2020, Bill and Melinda paid $43 million for a stunning oceanfront mansion in Del Mar, California, roughly 15 minutes from their Rancho Santa Fe ranch. They bought the home from the widow of the late oil billionaire/investor T. Boone Pickens.

Wellington, Florida: In 2013 Gates paid $8.7 million for a second horse ranch, this one in Wellington, Florida. The family had rented the mansion on several previous occasions when in town for Jennifer Gates’ competitions. They liked the house so much, they bought it.

Cody, Wy: In 2009 Gates bought a 492-acre ranch in Cody, Wyoming, for an undisclosed price. The ranch, which was once owned by William “Buffalo Bill” Cody, was initially listed for $12 million. It was listed at $8.9 million just before Bill became the owner. The ranch has only had three owners in roughly 150 years.

Commercial Properties: Through his investment fund Cascade, Gates owns interests in several prominent hotels. He owns part of the Charles Hotel in Cambridge, Massachusetts. He owns around half of all Four Seasons hotels around the world. He plus a group of investors own the Ritz Carlton in San Francisco.

1 COMMENT

  1. Bill gates Sanctioned $200,000 USD for my Orphan
    Handicapped Rehabilitation centre.
    They want me to Pay $500 USD as charges.
    We are ready to Pay that amount
    BUT HOW CAN.WE CONFIRM THE APPROVAL
    LETTER IS REAL OR FAKE ?
    my Rehabilitation centre want to supply Urgently
    Wheelchairs tothe KNEELING handicapped.

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