Bill Gates is a global household name; most notably known as the co-founder of Microsoft (with Paul Allen), the powerhouse company that has become the world’s largest PC software company. As of November 2015, Gates' net worth makes him the richest man in the world, beating out Carlos Slim, the Mexican billionaire that had previously held the title, shocking the world.
Bill Gates Net Worth - $81.8 Billion
Birth Name - William Henry Gates III
Date of birth - October 28, 1955
Zodiac Sign - Scorpio
Birth Place - Seattle, Washington, U.S.
Nationality - American
Height - 5' 10"
Profession - Entrepreneur, Philanthropist, Business magnate, Software Architect, Inventor, Businessperson, Investor
Gates’ net worth as of November 2015, is between 79.2 and 81.8 Billion dollars. Because the source of his wealth is in large part due to the success of Microsoft and investments, his net worth fluctuates with the stock market and with each development that occurs within the business world, both positive and negative.
In addition to Microsoft, Bill Gates is a prolific philanthropist, having donated over $28 billion to charities and causes around the globe, and he began and encouraged over forty of the world’s richest individuals to sign the “Giving Pledge,” whose aim was to donate the majority of each individual’s wealth to charity during their lifetime. One of his biggest donors and philanthropists is Warren Buffett, the second wealthiest individual in the world. It is important to note that if not for Gates’ charitable donations (even after tax write-offs), his net worth would be even more staggering.
Microsoft is not Bill Gates’ only source of wealth. With assets and stakes in: Grupo Televisa (the largest media company in the Spanish-speaking world), Coca Cola Femsa (a Mexican multinational beverage and retail company), the Montreal-based Canadian National Railway, Cascade Investments (a holding and investment company controlled by Gates), Corbis Corporation (a Seattle-based licensing company that provides rights to photographs and visual media), an 8% stake in Deere & Company via Cascades Investments, Ecolab (a global provider of hygiene and energy technology), and Republic Services (a non-hazardous solid waste management company), Gates has many avenues of collecting passive income in the hundreds of millions, and in some cases, billions of dollars.
In fact, most people would be surprised to know that Bill Gates’ stakes in Cascade Investments actually exceeds his stakes in Microsoft by a staggering $27,700,000,000. His stocks in his own investment company actually accounts for more than half of Bill Gates’ fortune. Microsoft is second in his assets and with all of his diverse investments, the vast contribution to his net worth is beyond the company that made him not only famous, but an icon in American and world history.
This self-made billionaire bulks up his net worth by the year mainly due to passive income such as stocks and investments in companies other than his own; but in addition to this, Gates’ own Microsoft and Cascade Investments are a mix of passive income and active income. As long as his businesses continue to expand, remain popular, and make money, Bill Gates will likely remain one of the richest men as long as he lives. Considering Microsoft’s continued popularity to the point of near monopolizing, their cutting-edge developments every year, and their expansion into more and more technological inventions and innovations, the net worth of Bill Gates will remain one of the highest in history.