Bill Gates net worth

Bill Gates net worth

Net Worth: $72.2 Billion

About Bill Gates

Bill Gates net worth reaches up to 72.2 billion of dollars. Although he spends a lot of his time doing charity he is still considered to be the richest person in the world. He used to be a chairman of Microsoft for a long time, but before three years this place was taken by Mr. Slim.

Bill Gates net worth increases by his investment into Microsoft, he has 15 percent as his portfolio of investments. But the most of his money is gained from investments into Cascade.

Bill Gates was declared as a billionaire in October 1987 for the first time and he is the youngest self-made billionaire in the world. In 1994 he was declared for the first time as the richest person in the world.

Of course there is a competition between the richest persons in the world and from 1994 to 2007 he was outrun by Carlos Slim with a ridiculous some of money only 300 million of dollars and that is not so much between billionaires. Bill Gates net worth did not gain so much money because Microsoft Company allowed other companies to compete with it.
And there was a point in his life when Bill Gates net worth was smaller than two other persons in the world and that was when he stayed third in the chart of the richest persons behind Carlos and Warren Buffet.

Thus, today Microsoft comes back into the leading point and this allows Bill Gates to come back to the highest point. Bill Gates net worth increased from 62 billion of dollars to 72.2 billion of dollars. Due to the fact that his competitors did not gain so much during the last year Bill Gates became the richest person in the world.

Besides all of his investments in Microsoft Bill have different investments in other smaller companies. However he has put a lot of his fortune into Bill & Melinda Foundation and helps people who need their help. Bill Gates net worth is divided between his personal account and his charity foundation. So his charity money is not used for his personal usage.

Bill Gates net worth is big and safe, because as long as he gets different outcome from all of the companies that he has stocks in he can spend his money how he wants to, putting half of them into charity and keeping some for himself. At this moment he is the richest person in the world.

Now you have an idea why Bill Gates net worth is this huge



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