Welcome! Welcome!, welcome back Bill Gates to the world’s richest people, with a net worth of over $55 billion. Gates, the one and only co-founder of tech giant Microsoft, needs no introduction. The superman of tech has regained his title after Microsoft shares, up 28% so far this year, closed at a five-year high Thursday for the second time this week!
Gates, 57, hasn’t been No. 1 on the Bloomberg Billionaires Index since 2007, and his fortune, valued at $72.7 billion, is up 15% year to date. Less than 25% of his fortune is held in Microsoft’s shares, maker of Windows — the world’s dominant PC operating system. This must definitely be a great feeling for the world-renowned entrepreneur and role model to many across the globe.
He has donated a major amount of his fortune( $28 billion) to the Bill & Melinda Gates Foundation, founded 14 years ago. Gates, his wife, and fellow billionaire Warren Buffett operate the foundation, one of the world’s wealthiest philanthropic organizations. The co-founder of Microsoft remains the company’s chairman.
The position was reached because Microsoft’s stock has been on a tear and increased Gates’ fortune by $10 billion. Since the start of 2013, Microsoft shares have climbed 28%, despite the struggles the company has been having with Windows 8 – the company’s latest operating system.
According to the Bloomberg ranking, Warren Buffett, 82, who had taken the seat from Gates, is the world’s third-richest person with $59.7 billion. He is worth about $3.7 billion and resides as the chairman and CEO of investing conglomerate Berkshire Hathaway, headquartered in Omaha, Nebraska.
Bill Gates 20 excellent interview
Content Source: USAToday