Bill Gates is an American business mogul, author, software developer, and philanthropist.
He is most popularly known as the co-founder of ‘Microsoft,’ which earned him a spot on the list of the top ten wealthiest people in the world.
In this article, we will give you a deeper insight into the life and net worth of Bill Gates and will find out how he managed to gain so much in his life.
Other Details
| Net Worth Of Bill Gates | $137.9 Billion |
|---|---|
| Full name | William Henry Gates III |
| Date of Birth | October 28, 1955 |
| Nationality | American |
| Born Country | Seattle, Washington. |
| Marital Status | Divorced |
| Age | 66 Years |
Childhood Of Bill Gates
William Henry Gates III, popularly known as Bill Gates, was born on October 28, 1955, in Seattle, Washington.
His father, William H. Gates II, was an accomplished Seattle lawyer, and his mother, Mary Gates, a teacher. Bill has two sisters, an elder sister Kristi and a younger one, Libby.
Bill gates was a brilliant and competitive kid in school. Math was his favorite subject, and he loved reading science fiction. However, school bored him, and he used to get in a lot of trouble.
At thirteen, Bill’s parents enrolled him in Lakeside Preparatory School, where he met his future partner Paul Allen.
Having a computer was not very common during that time as it used to be vast and expensive.
Bill and Paul used to spend some time on the school’s computer, and they, along with some other friends, were banned from using a computer at one point because they were exploiting bugs to get some free computer time.
Due to Bill’s brilliance and fascination for computers, he wrote his first computer program- a version of Tic-tac-Toe.
Bill also wrote a program for tracking the traffic system of Seattle, a payroll program for a company, and programmed a schedule for his school.
After graduating from high school, Gates attended Harvard University but later dropped out during his sophomore year.
Bill and his school friend Paul created BASIC software that would run on large computers. After its success, they founded their own software company Microsoft.
Career Of Bill Gates
In 1975, Bill Gates and Paul Allen co-founded Microsoft. In 1980, both friends reached a new milestone when they signed a deal with IBM to provide an MS-DOS operating system.
When the PC market started to hype, they started selling MS-DOS to other manufacturers since gates still held the copyrights.
Very soon, most of the computers were running on their operating system.
In 1985, both friends dared to venture into a new arena by introducing a new operating system, “Microsoft Windows,” this was a competitive step against Apple’s operating system.
Microsoft gained more popularity because Apple’s operating system could only work on IOS devices.
Bill didn’t stop just here; he introduced a better, improved version of Microsoft and launched word, excel, etc.
Philanthropic Work – Bill And Melinda Gates Foundation
Bill Gates stepped down as the chairman of Microsoft just to devote more time to his philanthropic work.
In 2000, he founded Bill and Melinda Gates Foundation, and today it is one of the most significant foundations that aims to reduce extreme poverty and improve healthcare.
Bill also donated $20 million to the Massachusetts Institute of Technology (MIT) to construct computer labs in 1999.
Gates, along with Mark Zuckerberg, and Warren Buffett, signed a pledge in 2010 and promised to give half of their over their lifetime.
He also donated $1.9 Billion to fight COVID-19.
Awards Won By Bill Gates
Bill Gates has won the following awards
- In 2002, Bill and Melinda received Jefferson Award for Greatest Public Service.
- Franklin Institute awarded bill with the Bower Award for Business Leadership for his company’s achievement and philanthropic work in 2010.
- In 2010, he also won the Silver Buffalo award.
- In 2015, Bill and Melinda were bestowed with the Padma Bhushan Award- the third-highest civilian award of India, for their charitable work in India.
Net Worth Of Bill Gates
Bill Gates is the fourth richest person in the world with a net worth of $137.9 Billion. Below is the list of resources he owns.
Net Worth Of Bill Gates through his Real Estate
In 1998, Bill purchased a 66,000 square-foot lake-front property in Medina, Washington for $2 million.
In Seven years, he spent another $63 million on its construction, and today, it is one of the most stunning private residences in the world. The annual tax he pays on this property is $1.063 million.
In 2014, Bill purchased 228-acre ranch property in California for $18 million.
This stunning property has Five barns, an orchard, and even a racetrack for Bill’s daughter, Jennifer, who enjoys riding a lot.
In 2013, he cashed another $8.7 million on another horse ranch property in Wellington, Florida.
In 2020, Bill and Melinda recently purchased a luxurious ocean-front mansion for $43 million.
Apart from these, Bill also owns several other commercial properties. He holds a part of Charles Hotel, situated in Cambridge. He also owns half of Four Seasons restaurants around the world.
Net Worth Of Bill Gates Through Microsoft
When Microsoft went public in 1986, it was listed for $21and closed at $27.75. At that time, his worth was $350 million, and over the course of years, he has earned roughly $133 Billion.
Net Worth Of Bill Gates Through Investments
A holding company, “Cascade manage bill Gate’s investments.” He has received more than $55 billion through dividends and stocks.
Conclusion
This was our take on the net worth of Bill Gates. We hope you enjoyed reading about his life and the massive amount of wealth he has created to date.
FAQ
What is the Net Worth of Bill Gates?
The Net Worth of Bill Gates is $137.9 Billion
How much does Bill Gates earn per second?
Bill Gates Earns $127 per second.
How much did Bill Gates pay to Melinda in divorce settlement?
Bill Gates paid Melinda more than $60 billion in the divorce settlement.