Bill Gates Net Worth

Bill Gates Net Worth : $88.3 billion

Profile

An Entrepreneur and Co- founder of Microsoft

Bill Gates Annual Income

Approximately $3,710,000,000

Nationality

United States

Source of Wealth

Microsoft

Years of Experience

Approximately 30 years

Date of Birth

28 October, 1955

Education

Lakeside School and Harvard College (Dropout)

Marital Status

Married to Melinda Gates

Children

3

Bill Gates’ Income & Total Net Worth

Co-founder of Microsoft, Bill Gates, is also a philanthropist, author and one of the richest personalities over the globe, according to Forbes magazine. He has an estimated net worth of $88.3 billion.

He is a well-known personality, who brought a revolution in the world of computer and technology. He set up Microsoft in the year 1975. He has consistently been ranked as the wealthiest person worldwide from 1995-2009 (except 2008, when he was ranked third), by Forbes magazine. During his career at Microsoft, he attained the position of CEO and owned almost 6.4% shares of the company. His partnership with IBM made him earn a one-time fee of $50,000, in exchange for an operating system to IBM. He and his wife Melinda French Gates endowed a foundation named “Bill and Melinda Gates Foundation”, which aims to resolve issues of poor health and poverty in developing nations. Currently, this foundation has more than $16 billion in assets under management.

Business Investments

Bill Gates has an extensive portfolio of investments, which includes various business ventures and holdings. His foundation holds large-cap companies, like The Greater China Fund Inc., Coca-Cola, Wal-Mart Stores Inc., Willis Group Holdings PLC, Procter & Gamble, Signet Jewelers Ltd., Autoliv Inc., Orbotech Ltd., CSX Corp, Expeditors International of Washington Inc., Sells Costco Wholesale Corporation, CEMEX, S.A.B. de C.V. and Comcast Corp.

The top five holding companies of Bill Gates are:

  • Berkshire Hathaway Inc. – 87,081,373 shares
  • Coca-Cola – 34,002,000 shares
  • Coca-Cola Femsa, S.A.B. de C.V.– 6,214,719 shares
  • Caterpillar Inc– 10,260,857 shares
  • McDonald’s Corporation– 9,872,500 shares

Properties: Private Fortune

He is the owner of a magnificent modern house, Xanadu 2.0, which is located in Medina, Washington. It is spread over 66,000 square feet in area and has a waterfront of 500 feet. He also owns a private island in the Republic of Belize, the Grand Bugue Island.

He possesses a collection of classy sedans and SUVs such as Porsche 930 Turbo, 1988 Porsche 959 Coupe, and 1999 Porsche 911 convertible. He is also fond of collecting unique pieces of arts and spends millions on them. He has Codex Leicester book worth $30.8 million, Lost on the Grand Banks painting worth $36 million, Polo Crowd painting worth $28 million and several other collections of the rarest pieces of art.

Bill Gates’ Career

Born on October 8, 1955, Bill Gates was an extra brilliant student in science and maths. He did his elementary education from Lakeside School and his higher studies from Harvard University, where he met his friend Paul Allen. They both had an obsession with computers and therefore, they collaborated in 1975 and founded Microsoft. Currently, he is the Co-chairman of Bill and Melinda Gates Foundation, CEO of Cascade Investment and Chairman of Corbies.

Books and Films

Bill Gates has written two books- The Road Ahead and Business@ the Speed of Thought.

Awards and Honours

He has received many awards. In the year 2004, he was awarded as “Innovator of the Year”. In 2006, he was honored as a “Global Humanitarian”. In the year 2005, he was knighted by Queen Elizabeth II for his contribution to the British economy. He also earned the title of “Knight Commander of the Order of the British Empire”.

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