Bill Gates ranks on the Forbes 400

0

Bill Gates Net Worth 2021: Bill Gates Ranks on the Forbes 400: Bill Gates’ long streak of being one of America’s two richest people has come to an end, for the first time since 1991, Microsoft’s co-founder is not the number one or the number two on the Forbes list which ranks America’s richest people each year, while his fortune has jumped $ 23 billion from a year ago. Follow more updates on GetIndiaNews.com

Bill Gates net worth 2021

  • 12,970 crores USD (according to Google)

He’s now valued at $ 134 billion, but that wasn’t enough to catch Amazon founder naming Jeff Bezos, Tesla CEO Elon Musk or Facebook founder Mark Zuckerberg whose fortunes have soared to new heights thanks to at their companies that raised their stock prices, Gates ran out of those three and he landed in fourth place.

The stock market isn’t the only reason it’s down from number two, part of his net worth, which is at least $ 5.7 billion in shares of a publicly traded company, went to ex-wife Melinda French Gates after their announcement about their divorce in May, if his fortune and marriage had remained intact Gates would be richer than Mark and number three for this year.

It has been said that nearly a quarter of Gates’ revenue comes from his estimated $ 1.3 stake in Microsoft, with $ 31 billion as of September 3, the rest of his revenue comes from his investment firm, Cascade Investment LLC. , as well as other assets such as as having a large estate of $ 143 million which is located in Medina, Washington, it owns $ 14 from the dealership in regards to Autonation, Waste Management Stocks, the tractor maker Deere & Co, Canadian National and much more.

After stepping down as CEO in 2000, his net worth fell for the first time, he always remained number one on the Forbes list, Microsoft’s stock price stumbled amid the dot com crash then that he was defending himself from the US government. . Gates also transferred $ 20 billion in Microsoft stock to the Bill and Melinda Gates Foundation when it was created in 2000, which further shrunk his album.

He continued to make large donations after that point which was the reason his income declined so much over time as he was so involved with giving.


Source link

Share.

Leave A Reply