Bill Gates Net Worth

Net Worth$108.8 Billion
Date of Birth28 October 1955
ProfessionBusiness magnate
NationalityAmerican
Last Updated2020

Introduction: 

Bill Gates Net Worth, How did the chairman of Microsoft and entrepreneur accumulate such wealth? Find out more interesting facts about Bill Gates Net Worth and his career.

Bill Gates Net Worth
PARIS, FRANCE – APRIL 16: Co-chairman and co-founder of the The Bill and Melinda Gates Foundation, Bill Gates speaks to the media after his meeting with French president Emmanuel Macron at the Elysee Palace on April 16, 2018 in Paris, France. (Photo by Chesnot/Getty Images)

Bill Gates Early Life

He is an American business magnate, chairman of Microsoft, philanthropist and author. Bill Gates graduated from Lakeside School in 1973, scoring 1590 out of 1600 on the SAT and enrolled at Harvard College in the autumn of 1973.

After the release of the MITS Altair 8800 based on the Intel 8080 CPU, Gates and Allen saw this as the opening they needed to create their own computer software company.

Bill and his wife ‘Melinda’ joined three family foundations in 2000 to create the charitable Bill & Melinda Gates Foundation which is the largest transparently operated charitable foundation in the world.

Bill Gates Career

William Henry Gates III was born on the 28th of October, 1955 in Seattle, Washington, U.S. He has spent much of the last 20 years as the richest person in the world, though he has slipped to #2 on a handful of occasions.

He alongside Paul Allen founded the software company Microsoft and is known as one of the premiere entrepreneurs of the personal computer revolution.

However, the originators of the new microcomputer, Micro Instrumentation and Telemetry Systems (MITS) also formed a partnership with Gates and Allen using their Altair emulator that ran on a minicomputer, and then the BASIC interpreter.

Microsoft was registered on November 26, 1976 though during the first five years of the Microsoft company, Gates personally reviewed every line of code the company shipped, often rewriting code as needed.

The software company Microsoft launched its first retail version of Microsoft Windows on November 20, 1985. Gates announced on June 15, 2006 that he would transition out of his day-to-day role at Microsoft over the next two years in order to dedicate more time to philanthropy.

Bill Gates Net Worth

As of today, Bill Gates Net Worth is $107 Million while his salary is $1 Million. Bill Gates Net Worth is earned from his career as an entrepreneur and as the chairman of Microsoft.

He has sold about $40 billion in Microsoft stock and collected over $12 billion in dividends since the company’s IPO in 1986. Gates used that money to create the holding company Cascade Investment which has continued to grow, and includes investments in companies such as Canadian National Railway and AutoNation.

Gates is quite a philanthropist and donated a $3.3 billion payout he received in 2004 to his Bill Melinda Gates Foundation. He still has a 1.3 percent stake in Microsoft.

Summary: 

William Henry Gates III popularly known as Bill Gates is an American business magnate, chairman of Microsoft, philanthropist and author.

He alongside Paul Allen founded the software company Microsoft and is known as one of the premiere entrepreneurs of the personal computer revolution.

As of 2020, Bill Gates’ net worth is $108.8 Billion.

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