Bill Gates is a name that needs no introduction. He is one of the co-founders of Microsoft, the world’s largest software company, and is considered one of the richest and most influential people in the world.
Gates has an estimated net worth of over $129 billion, according to Forbes. So, how does Bill Gates make and spend his money?
Here’s a detailed look at the various sources of Gates’ wealth and how he uses it.
Gates’ primary source of wealth is Microsoft, the company he co-founded with Paul Allen in 1975.
Gates served as the CEO of Microsoft until 2000 and then as the chairman until 2014.
He is still a technology advisor to the company. Microsoft is a leader in the software industry and its products, such as the Windows operating system and the Office suite of productivity software, are used by millions of people around the world. Microsoft’s success has made Gates one of the richest people in the world.
In addition to his role at Microsoft, Gates has also made significant investments in various companies and industries.
He has invested in companies such as Berkshire Hathaway, Canadian National Railway, and Ecolab, among others.
Gates has also made a significant amount of money through his charitable foundation, the Bill and Melinda Gates Foundation.
The foundation, which was founded in 2000, works to improve global health and education and has an endowment of over $50 billion.
The foundation has funded numerous projects, including the development of vaccines, the provision of educational resources to developing countries, and the promotion of clean energy.
Gates is known for his philanthropy and has donated billions of dollars to various causes through the Bill and Melinda Gates Foundation.
Some of the foundation’s notable projects include the Global Polio Eradication Initiative, which aims to eradicate polio worldwide, and the Gates Millennium Scholars Program, which provides scholarship funding to students from underrepresented groups.
In addition to his charitable efforts, Gates also spends his money on personal expenses.
He owns a number of properties around the world, including a mansion in Washington state worth over $124 million and a ranch in Wyoming.
He also owns a private jet, the Bombardier BD-700 Global Express, which is worth an estimated $40 million.
Gates is also an avid reader and has a significant library of books. He has said that he spends a significant amount of his time reading and has even started a book club on his blog to share his recommendations with others.
Bill Gates is one of the wealthiest and most influential people in the world, with a net worth of over $124 billion. He has made the majority of his fortune through his role at Microsoft, which he co-founded in 1975.
In addition to his role at Microsoft, Gates has also made significant investments in various companies and industries and has donated billions of dollars to charitable causes through the Bill and Melinda Gates Foundation.
Despite his wealth, Gates is known for his philanthropy and has used his money to fund numerous projects aimed at improving global health and education. He also spends his money on personal expenses, including properties and a private jet.