Bill Gates is the founder of Microsoft and is known as the ‘Second richest man on EARTH!’ This billionaire is showing no signs of slowing down and has crossed the $100 billion mark now. Curious to know what Bill Gates Net Worth is and how did he make all of it?
Here’s everything you need to know about Bill Gates net worth and his life:
|BORN||OCTOBER 28TH, 1955|
|NATIONALITY||UNITED STATES OF AMERICA|
|HEIGHT||6 FT (1.83 M)|
|SOURCE OF WEALTH||Founder of Microsoft|
|PROFESSION||Programmer, Entrepreneur, Investor, Software Architect, and Businessman|
|Bill Gates Net Worth||$130 BILLION|
How much is Bill Gates Net Worth? Find Out Now!
Bill Gates is an American Businessman, the founder, and CEO of Microsoft. He is also a philanthropist and an author. For 20 years straight, Bill Gates has been the richest man in the World, however, in 2017, he was overtaken by Jeff Bezos, who is the founder of Amazon.
As of 2021, Bill Gates Net Worth is estimated to be $130 Million. The business magnate co-founded the software company Microsoft with his partner Paul Allen. They are known as one of the pioneering entrepreneurs of the PC revolution.
As of today, Bill Gates only owns 1.3 %of Microsoft because, in the past years, the business tycoon has sold tens of billions of dollars worth of shares.
The Business mogul, Bill Gates was born in 1955 on the 28th of October, in Seattle, Washington. He was born to Mary Maxwell Gates and Willian H. Gates. He was bullied as a child and because of that, he mostly stayed in his room and used to shout ‘I’m Thinking!’ when his mother asked him what he was doing in his room.
In the Gates household, the competition was always encouraged, and it didn’t matter what it was, if you win you’ll get the reward and if you lose, there will be a penalty.
When Gates was just 13 years old, he joined the Lakeside School. In eighth grade, the school’s Mother Club used proceeds from a fundraiser to buy a Teletype Model 33 ASR terminal and time on GE Computer for their school students.
Bill Gates began to take great interest in programming the GE system in BASIC for their school students and was mostly ‘excused’ from his math class so he could pursue his interest. However, the Computer Center Corporation (CCC) banned Gates and his friends for a summer after they were caught exploiting bugs in the operating system so they could obtain free time.
When the ban got over, Bill Gates and his friends offered CCC to find bugs in their computer’s software in exchange for extra time. That was the time when Gates first began to study and understand coding.
When Bill Gates and Paul Allen started the Microsoft Company, they both had the vision to place a PC in every household but at that time, this dream seemed way too ludicrous. However, at present, that vision has become reality in most parts of the world as technology has become an integral part of everyone’s lives.
During the first five years of Microsoft Company, Bill Gates himself used to review every line of code the company shipped and sometimes rewriting codes if needed. In the year 1985, Microsoft launched its first retail version of Microsoft Windows.
It went public in 1986, where the opening stock price was almost $21 Million. After the trading day, the companies’ stocks closed at $27.75 and Bill Gates Net Worth went up to $350 Million. In less than a year, the stocks surged and Gates became a Billionaire at just 31 years old.
On March 13, 2020, Bill Gates announced that he was officially stepping down as the Microsoft Company’s Chairman.
As of 2021, Bill Gates Net Worth is estimated to be roughly $130 Billion.
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In 1987, Melinda French went to work for a product development division of Microsoft Company. She and Bill Gates were seated next to each other and soon he was calling her to ask her out. Melinda stayed with Microsoft tell 1996, where she rose to the General Manager of Information Products position.
They got married on the Hawaiian Island in January 1994 on a golf course. Bill and Melinda Gates are parents to three children named Phoebe Adele, Rory John, and Jennifer Katharine.
The couple combined three family foundations in 2000 to create the giving foundation ‘Bill and Melinda Gates Foundation, which is the largest transparently, operated charity foundation in the entire world.
Highlights of Bill Gates’ career:
Down below are some of the main highlights of Bill Gates extraordinary career:
- He was enrolled at Lakeside School, where he used a computer for the first time. (1967)
- Bill Gates started programming with Paul Allen in a computer center (1968)
- He entered Harvard University. (1973)
- Co-founded the software company ‘Microsoft’ with Paul Allen (1975)
- He established Bill & Melinda Gates Foundation ( 2002)
- Helped in the launching of TerraPower, to provide the world with a more affordable, environmentally friendly, and safe form of Nuclear Energy (2006)
- Bill Gates launched a $5.5 Billion effort to eliminate the polio disease by 2018. (2013)
Bill Gates Instagram: https://www.instagram.com/thisisbillgates
Bill Gates Twitter: https://twitter.com/billgates
- Bill Gates Net Worth got to the $350 Million mark their school students when Microsoft went public in the year 1986.
- He became a billionaire at just the age of 31, in 1987.
- Bill Gates Net Worth would have been $175 Billion today if he had never donated a dollar to charity.
- His mansion in Seattle is approximately 66,000 square- foot and has an assessed value of $147 million.
- Bill Gates has earned at least $50 billion since 2003 due to his Microsoft dividends.
- As of today, he owns less than 1.3 of the Microsoft Company because he sold tens of billions of dollars -worth of shares over the past years.
- He intends on giving almost 99.96% of his wealth to charity by the time of his death.
- It was reported that he plans on leaving only $10 million for each of his three children.
Bill Gates Net Worth:
Bill Gates has sold over $40 Billion worth of Microsoft stock and collected around $12 billion in dividends in total, since the company’s IPO in 1896. He used that amount to establish the holding company Cascade Investment, which has been continuously growing and includes investments in companies like Canadian National Railway and AutoNation.
The business magnate is also quite the philanthropist and has donated over $3.3 billion payouts, which he received from his ‘Bill and Melinda Gates Foundation’ in 2004. Today, he just has a 1.3 % share in Microsoft.
Bill gates family is the owner of impressive properties all across the United States of America and Bill owns his residences abroad as well.
As of 2021, Bill Gates Net Worth is estimated to be approximately $130 Billion, making him the ‘Second Richest Man in the World!’ after Amazon Founder Jeff Bezos.