It was his first business venture, one that made him decide to drop out of Harvard, and fortunately for him, it was worth it. nonetheless, Microsoft played and still plays a major role in keeping Bill Gates where he is today. Most people know Microsoft to be the major source of Bill Gates’s wealth, but surprisingly, it does not contribute up to 20% of his total income. Microsoft Corporation Accounts For Only 19.6% Of Bill Gates’ Wealth Quick Summary Of Bill Gates’ Net Worth Sources In South Africa, the richest 1% hold about 41% of the country’s wealth and if the net worth of the top three richest men in South Africa were to be combined, it will be nowhere close to Gates’ R1.925 trillion net worth as Bill Gates is currently over 10 times richer than the richest man in South Africa, Nicky Oppenheimer who has a net worth of R8 billion according to Forbes. What this means is that if Bill Gates were to convert his net worth to some other currencies, he may be richer than some countries, especially third-world countries. The Microsoft founder can afford to give every living person in the world $15 and still have over $30 billion left.īill Gates is the fourth richest person in the world with a net worth that is over 100 billion United States dollars, one of the world’s strongest currencies. It is believed that Bill Gates is so rich that an average American spending $1 is just like Bill Gates spending $1.2 million. The richest man in the world, Jeff Bezos, has a net worth of $208.3 billion as of the 23rd of July 2021 which is approximately equivalent to R3.08 trillion and after him, there are not up to 10 other people in the entire world who have a net worth that is over 100 Billion (as of the time of writing this piece) of which Bill Gates is number four on the list. He also gives back to society through the foundation – Bill and Melinda Gates Foundation – which he co-founded with his ex-wife Melinda French Gates.īill Gates’s Net Worth Is More Than 10 Times Than That Of The Richest Man In South Africa While a lot of people know Microsoft to be the major source of his net worth, what they do not know is that he has so many other investments and companies that he founded or invested in and they have contributed to his immense wealth. As of the time of writing this piece, Gates is currently ranked number 4 on Forbes list of richest people in the world with a net worth of $103 billion as of January 2023. He held the position of the richest man in the world from 1995 to 2017 (except 2010-2013) until he was overtaken by Jeff Bezos, the founder, and CEO of Amazon. He is an American business tycoon, author, investor, philanthropist, and co-founder of Microsoft.įrom a young boy who was too small for his age and was bullied for many reasons, Bill Gates has become one of the wealthiest and most influential people in the world. Bill Gates net worth of $103 billion is equivalent to 1.76 trillion Rand, or if you really want to know the figures, 1,761,686,250,000.00.
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