What is Bill Gates Net Worth?
Regardless of whether or not you’ve heard of the American business magnate and co-founder of Microsoft, Bill Gates, you’ve probably wondered what is his net worth. After all, he’s not only the co-founder of one of the most popular and successful computer software programs of all time, but he also is an author, investor, and philanthropist.
During his lifetime, Bill Gates has earned a fortune worth a staggering $112 billion. His net worth is primarily tied to the financial assets he owns in Microsoft shares. He is also the founder of Cascade Investment LLC, a holding company that invests in other companies. Cascade also owns a majority stake in the Four Seasons hotel chain.
In July 2016, Bill Gates donated $20 billion to charity. He also has pledged to give away most of his wealth in the future. He plans to donate most of his wealth to the Bill and Melinda Gates Foundation. In November 2016, Bill Gates was awarded the Presidential Medal of Freedom.
The majority of Bill Gates’ financial assets are held by Cascade Investment LLC. This company is not publicly traded. However, it must report its investment activities to the SEC. Besides Microsoft, Cascade also owns shares in the Canadian National Railway and AutoNation. In addition, it is believed that Bill Gates owns a number of other properties.
Bill Gates’ wealth fluctuates greatly with Microsoft stock price. He has sold tens of billions of dollars worth of Microsoft shares to fund Cascade Investment. However, he has not revealed the details of his stake in subsequent proxy statements.
Bill Gates has also made numerous secretive investments through Cascade Investment. His most recent acquisition is BlueTalon. This company provides business solutions to small and medium sized businesses. It was acquired for $27.4 million.
Bill Gates has also invested in the synthetic-biology company Amyris. Amyris focuses on health through fragrances. They also manufacture cosmetics and skincare products.
Bill Gates and his wife, Melinda, have three children. They have not signed a prenuptial agreement.
Among the wealthiest individuals in the world, Bill Gates has a diversified investment portfolio. His portfolio includes stocks of public companies and his private charitable foundation. He has a net worth of more than $100 billion. He has a portfolio that focuses on stocks that are built for the long term.
One of the largest holdings in the Bill & Melinda Gates Foundation Trust’s investment portfolio is Canadian National Railway, a transportation company that has earned 15 consecutive annual dividend increases. The company’s stocks are worth $15 billion, making it one of the largest holdings in the portfolio.
Another large holding in the Bill & Melinda Gates foundation’s investment portfolio is Waste Management, a waste management company that offers a sustainable business model. Waste Management has a low volatility business model and contract rates that grow above CPI. The company also has resilient cash flows.
Another important holding in the Bill & Melinda Foundation Trust’s investment portfolio is Berkshire Hathaway, the holding company of Warren Buffet. Berkshire Hathaway’s stocks have a market capitalization of more than $600 billion, making them one of the largest public companies in the world. The stocks have performed well recently, with several of them outperforming the S&P 500 Index.
Bill Gates is also the Chairman of the Board of TerraPower, a company that designs nuclear reactors. Bill Gates owns shares of LumiraDx, a company that manufactures a diagnostic platform. He also owns shares of Coca-Cola, a company that makes beverages. He also owns shares of AutoNation, a company that operates retail stores in the United States. He also owns shares of the Four Seasons hotel chain and ResearchGate, a website that provides research information to investors.
Using his fortune, Bill Gates has done some amazing things for mankind. He has donated billions of dollars to charities and global health initiatives. He has traveled the world to find out what people need. He has also invested in research to find a cure for Alzheimer’s disease.
In 1994, Bill Gates and his wife Melinda established the William H. Gates Foundation, which was tasked with finding lasting solutions to domestic issues and global health.
After studying the work of Andrew Carnegie, Gates decided to donate more to charity. He studied philanthropists and discovered that the most important thing he could do was to give away his money.
In 2005, Time magazine named Gates as its Person of the Year. The Gates Foundation is currently the largest private foundation in the world. The foundation spends several billion dollars a year. It also funds advocacy projects and enhancement of global cooperation on critical issues.
The Gates Foundation has an endowment of about $33.5 billion. Bill Gates plans to give away virtually all of his fortune. His philanthropic goals are focused on education, vaccinations, and climate change. He has also announced plans to invest another $50 million in Alzheimer’s research.
The Gates Millennium Scholars Program is an international organization. It provides full funding for undergraduate and graduate education. It also aims to improve the quality of education in low-income nations. Since 2000, the program has helped to vaccinate over 700 million children.
Bill Gates is also known for his love of exotic cars and Porsche sports cars. He has many Porsche sports cars. He also owns stakes in Four Season Hotels and Corbis Corp. These companies have a market value of around $238 million.
Relationship with Melinda French
Earlier this year, Bill Gates and Melinda French Gates divorced after nearly 27 years of marriage. The divorce was finalized in August. In their divorce papers, they said they agreed to continue working together through the Bill & Melinda Gates Foundation.
Bill Gates, the founder of Microsoft and one of the richest men in the world, was also known for his flirtatious behavior in work settings. In 2008, executives warned Bill Gates to stop sending flirtatious emails. He also had an extramarital relationship with an engineer at Microsoft. He was later convicted for soliciting prostitution from a minor.
Bill Gates and Melinda French Gates met at Microsoft in 1987. They were married in Hawaii in 1994. The couple also welcomed daughter Jennifer Katharine in 1996. They took their wedding photos at a luxury resort in Lanai. Their daughter Phoebe was born in 2002.
Bill Gates is known for his commitment to philanthropy, and is involved in several organizations, including Breakthrough Energy Ventures, which supports climate change initiatives. He and Melinda Gates have also launched The Giving Pledge, which encourages people to give their money away to charity.
Bill Gates and Melinda Gates formed the Bill & Melinda Gates foundation in 2000. The foundation works to improve equity in the United States and worldwide, and aims to achieve economic equality. They are also co-chairs of the foundation. In November of last year, Gates announced a $125 million donation to Wellcome, which is a British charity that researches diseases such as cancer.
The Gateses also owned large tracts of farmland and other investments, including bonds and stocks. Cascade Investment, the firm run by Bill Gates’ money manager, Larson, had returned returns on their investment portfolio, which totaled $174 billion.
Among the wealthiest men in the world, Bill Gates is a co-founder and chief executive officer of Microsoft. He has an estimated net worth of $52.8 billion. He has also contributed over $28 billion to charity and philanthropic efforts. He is also a recipient of the Presidential Medal of Freedom. This is one of the highest civilian honors in the U.S.
Bill Gates was born in Seattle, Washington, on October 28, 1955. His father was a successful lawyer and his mother was a business executive. During his childhood, Bill Gates was bullied at school. However, his parents encouraged him to be competitive. They also wanted him to attend college.
When Bill Gates turned 13, his parents sent him to Lakeside School, an exclusive private school. There, he studied science and English. He also excelled in drama. He also enjoyed board games and reading science fiction books. He also participated in Boy Scouts. He also had an older sister and a younger sister.
After graduating from Lakeside, Bill Gates enrolled in Harvard University. He also enjoyed playing tennis and waterskiing. He was a member of the Boy Scouts and Cub Scouts. He also had an interest in computers and software.
After college, Bill Gates and his childhood friend Paul Allen worked for Computer Center Corporation. They developed one of the first microcomputers. Then, they decided to start their own company. The two of them wrote software for the first microcomputers. They also developed a traffic-counting system. The two of them were paid $20,000 to create the program. They were also caught hacking into the computer.
Bill Gates also worked for International Business Machines. He also received a call from the defense contractor TRW Inc. He also served as a legislative page in Olympia, Washington, in spring 1971.