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Net Worth of Bill Gates – The 2nd Richest Man on Earth

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Let’s be honest, personal computers and laptops have made our life hell easy. From official work to light entertainment, this gadget has proved to be essential for us. Let’s thank Microsoft – the world’s largest personal computer software company. 

Running, managing, and leading such a huge company requires some brilliant minds behind a venture that’s billion in valuation. The man behind Microsoft is William Henry Gates III or famously known as Bill Gates. 

Can you guess what can be the net worth of Bill Gates? The task seems to be quite difficult because we are trying to value someone who has given the world’s favorite machine which is now essential during pandemic times. 

Another crazy fact about our American business magnate is that for 33 years this man has been on Forbes list of the world’s wealthiest documented individuals. From 1995 to 2017, Bill Gates has been the world’s richest person with an estimated net worth of $89.9 billion (at that time). Bill Gates was surpassed by Jeff Bezos – founder and CEO of Amazon eCommerce shopping site, with a net worth of $90.6 billion in October 2017. 

Since then (October 2017) Bill Gates has been the 2nd richest person in the world, followed by CEO of LVMH. Now, lets come back to a net worth of Bill Gates. Well, its somewhere around $98 billion.

Bill Gates owns a mansion called Xanadu 2.0 that overlooks Lake Washington in Medina, Washington. IT’s some 66,000-square-foot mansion and architects have been drooling for its design and structure. Apart from owning this huge mansion, Bill Gates owns a private airplane and luxury car collection (just one of the few things he owns which adds up to his total net worth)

Let’s have look at his early life and how Bill Gates founded Microsoft. 

Early Life of Bill Gates

Bill Gates was born and raised in Seattle, Washington and his ancestry includes English, German and Scottish-Irish. As a child, Gate’s parents wanted him to pursue his career in law. 

When he was 13, he enrolled in the private Lakeside prep school where he wrote his life’s first software program. By the time he reached 8th Bill’s interest in programming grew more and more. Gates took an interest in programming the GE system in BASIC and he was excused from math classes to pursue his interests. 

He wrote his first computer program on this machine which allowed other users on the computer to play games. By this time, he and others around him realized that Bill was very much fascinated by computers and likewise machines. 

By 17, Bill Gates formed a venture with Allen known as Traf-O-Data – to make traffic counters based on the Intel 8008 processor. Before graduating from Lakeside School in 1973, Gates was already National Merit Scholar and scored 1590 out of 1600 on Scholastic Aptitude Tests (SAT) making him one of the rare brains to do that. 

 After reading insights about Bill Gates, you will come to know why connections and friends matter the most. While individuals are capable to ride the storm but with someone likeminded besides you, you can conquer the storms as no one else did. 

Bill Gates founded Microsoft in 1975 with his childhood friend Paul Allen. Microsoft is just one out of many ventures that the duo formed. While they were in school, they have had a tremendous time of their life exploring the world of machines together and wooing their teachers. 

Bill Gates didn’t only serve as CEO of Microsoft, rather he was there for his venture in whatever role Microsoft wanted Bill to be in. He served as a chairman, CEO, president, and chief software architect.

Bill was also the largest individual shareholder until May 2014. Bill Gates is also one of the best-known entrepreneurs and pioneers of the microcomputer revolution during the 1970 and 1980s. He still is someone who is not less than a savage. When we wanted a machine, which can work multiple tasks faster than the human brain, he provided us! 

Post Retirement

Bill Gates announced his retirement in June 2006. It’s a long time! And his retirement was one of the happiest retirements every CEO desire. After making the company fall in the category of billion in worth, Bill Gates decided to work as a part-timer at Microsoft and divert rest of the time working at Bill and Melinda Gates Foundation. 

The day Bill Gates left Microsoft, his journey as a philanthropist started. You can guess how successful he is a philanthropist when I say he was featured in Ted Talks. He was the highest-earning billionaire in 2013, and the net worth of Bill Gates at that time increased by $15.8 billion to $78.5 billion.

We will not talk about the philanthropy of Bill Gates because that would be a disrespect to a man who has been doing that for a long time. But one observation is that Bill Gates has played a crucial role in changing the world and raising the standards of society. 

Summing Up:

With more than $98 billion of net worth, Bill Gates stands tall, strong and he’s a hero to many. Satya Nadella is leading Microsoft form the front, but he is said to walk on the steps laid by Bill Gates. The man has been a visionary since his college days and his family would be so proud of him if they recall his journey from the start. 

The more you read about Bill Gates more are the more chances you would fall for this man. 64-year-old business magnate, he’s the world’s favorite human resource. 

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