Looking for the net worth of Bill Gates? Read further to know about Bill Gates’ net worth, his assets, investment profile, and a lot more.
Bill Gates finds a place among the top billionaires of the world over quite a few decades. Bill Gates earned the major part of his wealth from Microsoft in which he still owns a sizable share.
Eventually he diversified his riches. On May 4, 2021, Melinda Gates and Bill Gates together tweeted announcing their decision to end their marriage.
What is the net worth of Bill Gates?
The net worth of Bill Gates estimates up to $129.7 billion on 10 May 2021 that’s Bill Gates’ peak net worth.
Their divorce will see a division of the estate worth $130 billion, which stretches beyond jets and mansions.
The Gates’ holdings include vast stretches of farmlands in the US, Four Seasons Hotels, garbage hauler Republic Services and a very rare Leonardo da Vinci notebook.
Net worth of Bill Gates: Quick Summary
|Net Worth||$129.7 billion|
|Dividends Earned (Microsoft)||$12 billion|
|Share in Microsoft||1.3%|
|Seat Aircraft Owned||19|
Net worth of Bill Gates
According to Forbes’ Bill Gates’ net worth stands at $129.7 billion on 10 May 2021.
Bill Gates co-founded Microsoft with Paul Allen in 1975. Eventually this venture turned out to be the biggest highlight of his entrepreneurial career and wealth building story.
Since Microsoft’s IPO in 1986, Bill Gates sold out the company’s stocks worth around $40 billion.
He has earned more than $12 billion in dividends.
With this money, Bill Gates created Cascade Investment, a holding company that includes a portfolio of investments in several companies like Canadian National Railway and AutoNation.
He is also one of the biggest farmland owners in the US. Bill Gates income per second is $1300 and one day earning of Bill Gates is about $10,959,000, insane!
In March 2020, Gates stepped out of the Microsoft Board. At this point, he owned 1% of stakes in the corporation.
Bill Gates and Melinda Gates together share a philanthropist attitude. Bill Gates donated a $3.3 billion payout he got in 2004 to the Bill & Melinda Gates Foundation, which he co-founded with his ex-wife.
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Net Worth Comparison: Gates and Top 5 Rich People
There are around 2,095 billionaires in the world as per 2020 data. They collectively own $8 trillion.
14.41% of this wealth estimated at $1,153 billion is held by the top 10 richest persons. Here is a comparison of Bill Gates’ wealth with the top 5 richest persons on the earth as per the data available on the Forbes World’s Billionaires List.
With his estimated net worth of $197 billion, Jeff Bezos, the founder of Amazon and Blue Origin stands on top of the world’s richest persons’ list.
In the second place, we find Elon Musk with his $152 billion wealth. He is also the co-founder of Tesla; and the founder of SpaceX, Neuralink, and The Boring Company.
Bernard Arnault has a net worth of $150 billion which places him in the third position. He is the chairman and CEO of LVMH and the chairman of its holding company, Christian Dior SE.
Bill Gates occupies the fourth position on the world’s top 5 billionaires’ list with his $124 billion riches.
Mark Zuckerberg, the CEO, chairman, and co-founder of Facebook stands in the fifth position with his wealth amounting to $97 billion.
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How Rich is Bill Gates
Here are some stats that will show how rich Bill Gates is.
The average earnings of Bill Gates per year are $12 billion. His estimated earnings are around $380 per second which makes it a waste of time to pick up a $100 bill dropped onto the ground.
Even after giving about 27% of his earnings to charity over his career, Bill Gates still remains the fourth richest person.
His net worth is much bigger than the combined GDP of nations Croatia, Cambodia and Bahamas.
In value, Gates’ net worth overtakes the combined net worth of the richest person in Asia and the richest person in China.
If Gates gives $10 in charity to every human living on this earth, he will still be left with $30 billion for himself.
Milestones in Bill Gates Wealth Story
How much Bill Gates Made from Microsoft
Does Bill Gates still earn from microsoft? Yes he does, he owns approximately 1.3% of the company.
Bill Gates made most of his riches from Microsoft. He co-founded Microsoft with Allen in 1975.
When Microsoft went for IPO in 1986 when Gates was just 31, he became a millionaire. As per Times, his combined Microsoft shares were valued at $100 billion.
Selling a part of his Microsoft stakes and the dividends he got from his holdings fetched him $62 billion.
Later after stepping down as the CEO of the company in 2020, Gates started diversifying his investments and started earning from multiple sources.
How Bill Gates Spends his Money
Bill Gates has invested in a number of stocks and assets and has also set up a $1 billion investment fund, breakthrough besides 20 others.
Gates owns a 19 seat aircraft Bombardier BD-700 Global Express estimated at $40 million.
In 1988, Gates bought a piece of land paying $2 million in Medina, Washington.
He built an estate called Xanadu 2.0 on this land that took 7 years to complete costing him $ 63 million. His home is 66,000 square feet large and worth $125 million.
Information available from public filings says in 2017 alone he paid $1,041,292.55 in property taxes.
Gates has some very expensive paintings like the Winslow Homer painting which he bought for $36 million in 1988.
In his library he preserves the manuscript of Leonardo da Vinci, he procured in an auction costing him #30 million in 1994.
Bill Gates has invested around $27 million on a string of properties in Wellington, Florida. This location also has a 4.5 acre vacation ranch.
His 228-acre Rancho Paseana California property was bought for $18 million which has a racetrack, five barns and an orchard.
He has a portfolio of investments in real estate including a partial ownership of Charles Hotel, Cambridge, Massachusetts and majority stakes in a number of Hotels in Houston and Atlanta.
Michael Larson, Gates’ investment portfolio manager helps him in building his fortune with some sound investment ideas. Larson has been associated with Bill Gates since the mid-90s.
At present, he also manages the Bill& Melinda Gates Foundation through a holding firm known as Cascade Investments created by Gates in 1995.
Gates’ holdings in Berkshire Hathaway BRK.B account for about half of his total investments.
The other investments he has made include WM, Waste Management, Inc., the Canadian National Railway CNI, UPS UPS, Walmart, and WMT.
Facts About the Ocean-side Property Xanadu 2.0
Gates has constructed a massive sized mansion in the Seattle area which is labelled as Xanadu 2.0. This Oceanside lodge spans over 66,000 square feet. It also enjoys a 500 feet private waterfront on Lake Washington.
Endowed with 6 kitchens, 24 bathrooms and 6 fireplaces, Xanadu 2.0 is an enviable facility on the earth that is fully computer-controlled.
From room to room, any visitor will be followed by automatic lights and music. In 2019, the owner had to pay $1.04 million in property tax for this facility. This would mean the property was valued at $131 million in this year.
Planes and Automobiles Gates Owns
In 2018, Bill Gates owned two Bombardier BD 700 Global Express jets in addition to Cessna 208. The cost of one jet was $45 million.
He had stakes in a NetJets plane. His Porsche collection includes Porsche 911, Porsche 930
Turbo and rare Porsche 959 Coupe (the car maker produced only 337 pieces of this make), to which the fully electric Porsche Taycan was added later. He also owns a Jaguar XJ6 and a Ferrari 348.
The Worth of Gates’ Collectibles
A lover of art and collectibles, Bill Gates owns a number of them. Known as Codex Leicestor, Bill Gates purchased a manuscript of Leonardo da Vinci paying $30.8 million at an auction.
This work had documented a number of Da Vinci’s scientific observations and discoveries. In 1996, he bought Andrew Wyeth’s “Distant Thunder” paying $7 million.
In 1997, the purchase of William Merritt Chase’s “The Nursery” was priced at $10 million. The cost of Frederick Childe Hassam’s work “Room of Flowers” he bought in 1998 was $20 million.
In the same year, he also bought Winslow Homer’s “Lost on The Grand Banks” paying $36 million in 1998. In 1999, Gates bought George Bellows “Polo Crowd” , costing $28 million.
The Worth of The Bill & Melinda Gates Foundation
The best of Bill Gates achievements also consists of founding the Bill & Melinda Gates Foundation. Notably, this is the largest charitable foundation in the US today.
The assets of this organization were valued at $49.9 billion in 2019. Since its inception, the foundation has given away grants worth $54.8 billion.
During the period between 1994 and 2018, Gates donated over $36 billion to the foundation. In 2019, he gave away $519 million to support the activities of the foundation.
The Giving Pledge he innovated with Warrant Buffet encourages other billionaires to donate to such charities.
How the Gates’ Split can Affect the Net Worth
On May 4, 2021, Gates’ couple announced its decision to end their marriage, mentioning that their marriage is ‘irretrievably broken’.
Bill and Melinda said they will continue to work together chairing the Bill & Melinda Gates Foundation.
The massive size of the Gates’ fortune gives rise to several questions on the consequences of one of the largest divorce settlements that will follow their decision.
They have asked the court to divide their wealth as per the terms of the separation contract.
Rachel Philip is the main author of this website. She’s crazy about finance and investment and takes inspiration from the top millionaires in the world. Check out www.theirnetworth.com for keeping the updates of top celebrities’ net worths.