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Although he is no longer the richest man in the world, Bill Gates is probably the first person we think about when we hear “billionaire.” As a co-founder of Microsoft (NASDAQ: MSFT), he laid the foundations of the second-largest company in the world, worth over $2.7 trillion. Despite “retiring,” most of his wealth still comes from the company’s shares. Have you ever wondered how much money does Bill Gates make a second today? We did, and we found out.  Bill Gates’ net worth According to Forbes‘ “The World’s Real-Time Billionaires” index, Bill Gates’ total net worth is estimated at $129.8 billion as of August 2024. In fact, the list ranks him as the ninth-richest person in the world. Starting in 2008, Gates gradually transitioned from managing a computer empire to focusing on philanthropy. In February 2014, he stepped down from the role of the chairman of the Microsoft board. Furthermore, in March 2020, he left all board positions at Microsoft and Berkshire Hathaway (NYSE: BRK.B) and devoted himself entirely to the Bill & Melinda Gates Foundation. Sources of income Between 1995 and 2017, Bill Gates was the world’s richest person for 18 years. His rank has steadily declined since he left Microsoft and focused on philanthropic and other business endeavors. He is the founder and chairman of several companies, such as BENlabs, Cascade Investment, TerraPower, Gates Ventures, and Breakthrough Energy. Many of his projects focus on improving global healthcare and developing new sustainable energy sources. Furthermore, rather than pursuing wealth, Gates has focused on donating to charitable organizations. The Bill & Melinda Gates Foundation is the second-largest private charity in the world. Among other things, Gates has contributed to eradicating polio in Africa through the organization. He also founded The Giving Pledge, together with Warren Buffett, in which the world’s…

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Filed under: News - @ August 9, 2024 12:26 pm