Bill Gates Net Worth 2022:
|Net worth||$145.3 billion|
|Date of birth||October 28, 1955|
|Full name||William Henry Gates III|
|Education||Harvard University (dropped out)|
|Known for||Co-founder of Microsoft|
What is Bill Gates Net Worth 2022?
Bill Gates net worth 2022 is $145.3 billion. Bill Gates is an American business magnate, computer programmer, investor, philanthropist, and author. Microsoft is Bill Gates’ primary source of income. The company was officially founded on April 4, 1975, with Bill Gates as CEO.
During his time at Microsoft, Gates served as chairman, CEO, president, and chief software architect, in addition to being the company’s largest individual shareholder until May 2014.
He is regarded as one of the most well-known entrepreneurs of the microcomputer revolution of the 1970s and 1980s.
Companies owned by Bill Gates
He is the founder and chairman of a number of businesses, including BEN, Cascade Investment, bgC3, and TerraPower. He has made significant contributions to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, which is said to be the world’s largest private charity.
Through the foundation, he led an early-twentieth-century vaccination campaign that contributed significantly to the eradication of wild poliovirus in Africa.
In 2010, Gates and Warren Buffett established The Giving Pledge, in which they and other billionaires pledged to donate at least half of their wealth to charity.
In 2008, he stepped down as CEO of Microsoft to focus on his charitable work through the Bill & Melinda Gates Foundation. He established a charitable foundation with his wife, Melinda. He is now the world’s second-richest person and the richest person in the United States.
Bill Gates has donated over $28 billion to charities since becoming a billionaire, and he has encouraged over 40 of the world’s wealthiest to sign his “Giving Pledge,” which commits them to donating the majority of their wealth to charity during their lifetimes.
He began donating to charity in 1999, when he gave his family foundation $16 billion in Microsoft stock. With Warren Buffett as a major donor, the foundation has grown to become one of the world’s largest philanthropic institutions.
Gates has already given more than $35 billion to charity, the majority of which has gone to the Bill and Melinda Gates Foundation, the world’s largest private philanthropy, which he co-chairs with his wife, Melinda. The foundation focuses on public health and is perhaps best known for its efforts to eradicate polio in collaboration with Rotary International.
Gates, a Seattle native, was a precocious child. His parents forbade him from bringing books to the dinner table because he spent so much time reading. Later, as a high school senior, he took time away from classes to code at a power plant in North Bonneville, Washington, with his friend Paul Allen.
Introduction | Bill Gates Net Worth 2022
Bill Gates is a business magnate, software developer, investor, author, and philanthropist from the United States. He and his late childhood friend Paul Allen co-founded Microsoft Corporation. During his time at Microsoft, Gates served as chairman, CEO, president, and chief software architect, in addition to being the company’s largest individual shareholder until May 2014. He is regarded as one of the most well-known entrepreneurs of the microcomputer revolution of the 1970s and 1980s.
Microsoft was founded in Albuquerque, New Mexico by Bill Gates and Paul Allen. It grew to become the world’s largest personal computer software corporation. Gates led the company as chairman and CEO until January 2000, when he stepped down to be succeeded as CEO by Steve Ballmer, but he remained chairman of the board of directors and became chief software architect. During the late 1990s, he was chastised for his business practices, which were deemed anti-competitive. Numerous court rulings have supported this viewpoint.
Gates left Microsoft in June 2008 to work part-time at the Bill & Melinda Gates Foundation, the private charitable foundation he and his then-wife, Melinda Gates, founded in 2000. In February 2014, he stepped down as Microsoft’s chairman of the board and took on a new role as a technology adviser to support newly appointed CEO Satya Nadella.
Gates resigned from his positions on the boards of Microsoft and Berkshire Hathaway in March 2020 to focus on his philanthropic efforts, which include climate change, global health and development, and education.
Gates has been on Forbes’ list of the world’s wealthiest people since 1987. Except for 2010 and 2013, he held the Forbes title of the world’s richest person every year from 1995 to 2017.
In October 2017, he was surpassed by Amazon founder and CEO Jeff Bezos, who had an estimated net worth of $90.6 billion at the time, compared to Gates’ net worth of $89.9 billion. Gates had an estimated net worth of US$144 billion as of May 2021, making him the world’s fourth richest person.
Later in his career, and since leaving Microsoft’s day-to-day operations in 2008, Gates has pursued a variety of business and philanthropic endeavors. He founded and serves as the chairman of several companies, including BEN, Cascade Investment, bgC3, and TerraPower.
He has made significant contributions to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, which is said to be the world’s largest private charity.
Through the foundation, he led an early-twentieth-century vaccination campaign that contributed significantly to the eradication of wild poliovirus in Africa. Gates and Warren Buffett established The Giving Pledge in 2010, in which they and other billionaires pledged to donate at least half of their fortune to charity.
Bill Gates’ interests
Gates is an avid reader, and the ceiling of his sprawling home library is emblazoned with a quote from F. Scott Fitzgerald’s The Great Gatsby. He also enjoys bridge, tennis, and golf. His days are planned for him on a minute-by-minute basis, similar to the schedule of the United States President. Despite his wealth and extensive business travel, Gates flew in commercial aircraft coach (economy class) until 1997, when he purchased a private jet.
At an auction in 1994, Gates paid $30.8 million for the Codex Leicester, a collection of Leonardo da Vinci’s scientific writings. He reportedly paid $30 million for the original 1885 maritime painting Lost on the Grand Banks in 1998, a record price for an American painting at the time. He revealed in 2016 that he was colorblind.
Divorce and marriage
Bill Gates married Melinda French on the Hawaiian island of Lanai on January 1, 1994. They met in 1987, not long after Melinda began working at Microsoft. Melinda allowed Gates to spend limited time with his ex-girlfriend, businesswoman Ann Winblad, during their marriage.
Jennifer, Rory, and Phoebe are Bill and Melinda’s three children. The family’s home in Medina, Washington, is an earth-sheltered mansion built into the side of a hill overlooking Lake Washington. The mansion’s property taxes were reported to be US$1.063 million in 2009, on a total assessed value of US$147.5 million. The 66,000-square-foot (6,100-square-meter) estate includes a 60-foot (18-meter) swimming pool with an underwater music system, a 2,500-square-foot (230-square-meter) gym, and a 1,000-square-foot (93-square-meter) dining room.
After 27 years of marriage and 34 years as a couple, the Gateses announced their divorce on May 3, 2021. They stated that they would continue to collaborate on charitable endeavors. The Wall Street Journal reported that Melinda had been meeting with divorce attorneys since 2019, citing interviews that suggested Bill’s ties with Jeffrey Epstein were at least one of her concerns. On August 2, 2021, the divorce was finalized.
“The moral systems of religion, I think, are super important,” Gates said in an interview with Rolling Stone about his faith. We have religiously raised our children.; they’ve attended the Catholic church that Melinda attends and in which I participate. I’ve been very fortunate, and I owe it to try to reduce global inequity. And that is a religious belief. I mean, it’s at least a moral conviction.”
“I agree with people like Richard Dawkins that mankind felt the need for creation myths,” he said in the same 2014 interview. Before we truly understood disease, weather, and other phenomena, we sought false explanations for them. Science has now filled some of the void left by religion, but not all of it.
But the world’s mystery and beauty are overwhelming, and there is no scientific explanation for how it came to be. To say it was generated by random numbers seems, you know, uncharitable [laughs]. I think it makes sense to believe in God, but I’m not sure what decisions you make differently as a result of it.”
Bill Gates’ net worth is measured in billions of dollars.
What is the net worth of Bill Gates? As of 2022, Bill Gates’ net worth is estimated to be around $132.7 billion. He is the world’s fourth richest man. However, his fortune briefly surpassed US$101 billion in 1999. Since 2000, the nominal value of his Microsoft holdings has decreased due to a drop in Microsoft’s stock price following the dot-com bubble burst, as well as multi-billion dollar donations he has made to his charitable foundations. In May 2006, Gates stated that he wished he wasn’t the world’s richest man because he disliked the attention it brought.
According to the Bloomberg Billionaires List, Gates was the second wealthiest person in March 2010 after Carlos Slim, but he regained the top spot in 2013. Slim reclaimed the position in June 2014. (However, Gates regained the top spot). Between 2009 and 2014, his fortune more than doubled, rising from US$40 billion to more than US$82 billion. In October 2017, Gates was surpassed as the world’s richest person by Amazon founder Jeff Bezos.
On November 15, 2019, he surpassed Bezos as the world’s richest person for the second time after a 48 percent increase in Microsoft shares. “I’ve paid more tax than any individual ever, and gladly so,” Gates told the BBC. I have paid more than $6 billion in taxes.” He is a supporter of higher taxes, particularly on the wealthy.
Gates has topped the list of The World’s Billionaires for 18 of the last 23 years. Gates has several investments outside of Microsoft, which paid him a salary of US$616,667 and a bonus of US$350,000 in 2006, for a total of US$966,667. He founded Corbis, a digital imaging company, in 1989. In 2004, he was appointed to the board of directors of Berkshire Hathaway, the investment firm led by long-time friend Warren Buffett.
Gates was named a billionaire in Forbes magazine’s 400 Richest People in America issue in 1987, with a net worth of $1.25 billion at the time, making him the world’s youngest self-made billionaire. Gates has been on the Forbes The World’s Billionaires list since 1987, and he was the wealthiest person from 1995 to 1996, 1998 to 2007, 2009, and 2018 before being surpassed by Jeff Bezos. From 1993 to 2007, 2009, and 2014 to 2017, Gates ranked first on the Forbes 400 list.
Aside from Microsoft, Bill Gates founded the following organizations:
- 4 April 1975, Bill and Melinda Gates Foundation
- The Giving Pledge, in the year 2000
- Branded Entertainment Network, in 1989
- Bgc3, in 2008 Microsoft Research, in 1991
- Cascade Investment, in 1994
- The Global Funds, January 28th, 2002