Bill Gates' Net Worth

By Joseph White

Published July 23, 2024

Bill Gates' Net Worth

Table of Contents

  • What is Bill Gates' Net Worth?
  • What is Bill Gates' Claim to Fame?
  • How many business ventures does Bill Gates own?
  • How does Bill Gates spend his billions?
  • What are Bill Gates' Charitable Contributions and Philanthropy Endeavors?
  • What's next for Bill Gates?

Bill Gates is a technology entrepreneur, philanthropist, and co-founder of Microsoft Corporation, one of the world's largest and most successful technology companies. Gates is widely regarded as a pioneer of the personal computer revolution and is considered one of the most influential people of the 20th century.

With an estimated net worth of billions, he is one of the richest people in the world and has used his wealth to support numerous charitable initiatives through the Bill and Melinda Gates Foundation.

 

What began as a small start-up has grown into one of the largest and most successful technology companies in the world, with Gates serving as CEO until 2000 and chairman until 2014. Under his leadership, Microsoft revolutionized the personal computer industry, providing the operating system software that powered millions of computers worldwide.

Net Worth$133.6 billion
Salary (Current)N/A
Date of BirthOctober 28, 1995
Place of BirthSeattle, Washington
GenderMale
Height5′ 10″
ProfessionBusinessman
NationalityAmerican
MarriedNo
Children3
No. of Houses4
No. of Cars10

What is Bill Gates' Net Worth?

As of 2024 Bill Gates has a net worth of around $133.6 billion.

Bill Gates, the co-founder of Microsoft Corporation, is one of the wealthiest individuals in the world. Gates's wealth is largely tied to his ownership of Microsoft stock, which has consistently performed well over the years. At first, Bill was the 45% owner of the company. He currently owns a 1.38% share of Microsoft, which is worth around $30 million. However, the Gates Foundation owns a total of 35% of the stakes, indirectly making Bill the majority shareholder of the company.

 

Based on Bloomberg data, Bill Gates has received nearly $56 billion in the form of stock sales, dividends from Microsoft, and other investments. This includes a $3.3 billion payout from Microsoft in 2004, which he ended up donating to the Gates Foundation.

 

Being a businessman, Gates founded Cascade Investment LLC and owns over $70 billion worth of stakes in it. Through Cascade Investment LLC, Gates invests in 100 other companies. Some of the heavy investments are 270,000 acres of American farmland and massive stakes in public companies like Apple, Canadian National Railway, Berkshire Hathaway, and much more. Currently, Cascade reportedly manages more than $200 billion worth of assets.


What is Bill Gates' Claim to Fame?

As one of the world's richest individuals and a leading voice in the tech industry, Gates is widely regarded as one of the most influential figures of our time. He was a pioneer of the microcomputer revolution of the 1970s and 1980s, and Microsoft, which Gates co-founded with Paul Allen in 1975, became one of the most successful technology companies in the world and revolutionized the personal computer industry. Gates served as CEO and chairman of Microsoft, overseeing its growth into a global technology leader and shaping the course of the tech industry for decades to come.

 

In addition to his work with Microsoft, Gates is known for his philanthropic efforts through the Bill and Melinda Gates Foundation. The foundation, which he co-founded with his wife in 2000, focuses on global health and education initiatives and has invested billions of dollars in these causes over the years.


How many business ventures does Bill Gates own?

Bill Gates is quite a visionary individual who, over the years, has expanded his empire way beyond Microsoft, the largest tech company in the world. His portfolio is filled with companies that exactly show how diverse his interests are. Below are some of the companies in which Gates currently owns major stakes.

 

  • Cascade Investment LLC: Gates currently owns $70 billion worth of stakes in Cascade Investment LLC, which is an American asset-holding firm and investment company. He founded this company back in 1995, and as of yet has invested in over 100 companies through it.

 

  • Microsoft Corporation: Bill Gates the co-founder of Microsoft, who, along with Paul Allen, founded the company back in 1975. Currently, Microsoft is the largest company in the world with a market cap of over $3.3 trillion, and Gates himself at this time holds just a 1.38% stake in the company worth $30 billion, but his Gates Foundation holds the majority of the stakes, which stands at 35%.

 

  • Berkshire Hathaway: Berkshire Hathaway is a multinational conglomerate that is led by Warren Buffett and has diverse investments in numerous sectors including consumer goods, utilities, and insurance. Gates, as of now, owns 17% of the company, which makes him a major stakeholder.

 

  • Canadian National Railway Company: Another major investment that Bill Gates has made over the years was in the Canadian National Railway Company, where he owns roughly 15% of the stake.

 

  • Waste Management Inc.: Gates also owns the majority of the stakes (16%) in the leading waste disposal and environmental services company, Waste Management Inc.

 

  • Caterpillar Inc.: Caterpillar is the global leader in construction and mining equipment manufacturing, which is mostly known for its heavy machinery and industrial solutions. Bill Gates currently holds a 5% stake in the company.

 

Beyond these companies, Gates has also made a good chunk of investments, which has played an important role in adding more wealth to his treasure trove. Some of the investments he made include Deere & Co., Ecolab Inc., Coca-Cola Femsa SAB, and many more.


How does Bill Gates spend his billions?

 

Being one of the richest individuals on the planet, Bill Gates has spent quite a chunk of his wealth on various luxurious real-estates, expensive cars, and high-end transport like private jets which we will take a look at in detail, down below.

 

How many houses does Bill Gates own?

Bill Gates, the co-founder of Microsoft Corporation and one of the richest individuals in the world, is known for his vast wealth and his numerous real estate holdings. Over the years, he has acquired several properties both in the United States and abroad, each one reflecting his impeccable taste and his commitment to luxury and comfort.

 

Medina Mansion: One of Gates' most well-known properties is his 66,000-square-foot mansion located in Medina, Washington, which has a value of over $10 million. 

 

Other Properties In the US: Gates owns a $9 million ranch in Wyoming and a $43 million beach house in Del Mar, California. He also owns a $20 million penthouse in San Francisco and a $15- luxury condo in Manhattan. 

 

Properties Outside the US: Gates also owns numerous estates outside the United States, including a large estate in Wellington, New Zealand, which has a price tag of $63 million, a $25 million private island in Belize, and a stunning villa in the Caribbean.


How big is Bill Gates' car collection?

Gates is known for his love of cars, in particular, Porsche. Over the years, he has owned several high-end vehicles. However, he has also shown that he sometimes likes to rely on simple vehicles. Here's a glimpse into his car collection:

 

  • Porsche 911: The first car Bill Gates bought after he made it, the 1979 Porsche 911 Turbo is a timeless marvel that was quite a demanding car to drive. 

 

  • Porsche 959: Gates reportedly fought with the law for 13 years to get his hands on the car, since it did not meet the US standards, however, he won and now enjoys his priced possession.

 

  • Ford Focus: The Ford Focus might seem like a curious inclusion in Bill Gates's collection; however, he has been seen using this blue Focus as his daily driver many times now. In 2018, when Gates retired from Microsoft, he was seen adding all his belongings to his Ford Focus coupe.

 

  • Jaguar XJ6: The only British car in Gates' garage. An excellent specimen. 

 

This is just a small portion of the cars that Gates owns. Check out his entire car collection here. 


What other vehicles does Bill Gates own?

 

Gates is also an avid pilot and owns several private aircraft, including two Gulfstream G650ERs. He also used to own a Bombardier BD-700 Global Express, which he is believed to have sold off when getting the Gulfstream G650 which comes for roughly $30 million.


What are Bill Gates' Charitable Contributions and Philanthropy Endeavors?

Bill Gates, along with his wife Melinda, is well known for his philanthropic efforts through the Bill and Melinda Gates Foundation. This foundation, established in 2000, is one of the largest private charitable organizations in the world, with a mission to improve global health and reduce poverty. Some of the key initiatives of the foundation include:

 

  • Global Health: The Bill & Melinda Gates Foundation has invested over $79.2 billion since its establishment, in research and development of new vaccines, drugs, and technologies to improve health and reduce the burden of disease in the world's poorest countries.

 

  • Education: The foundation works to improve education in the United States and around the world, particularly for low-income students, by supporting innovative teaching methods and programs.

 

  • Agricultural Development: The foundation invests in research and development of new technologies to improve agricultural productivity and reduce hunger and poverty in developing countries. One of the biggest donations made by the foundation, in this sector, has been the $100 million donation to fight the food crisis in Africa and South Asia, in 2022.

 

  • Emergency Relief: The foundation provides emergency relief and support to people affected by natural disasters and humanitarian crises around the world.

 

  • Climate Change: The foundation invests in research and development of new technologies to mitigate the effects of climate change and reduce greenhouse gas emissions. They have mostly dedicated their funds for climate change towards low and middle income countries.

     

The foundation has also made numerous large-scale grants to organizations and initiatives working in the fields of global health, education, and poverty reduction and has committed billions of dollars to these efforts over the years. In addition to his work with the foundation, Gates has also made significant contributions to other charitable causes and organizations, including the fight against COVID-19 and support for disaster relief efforts.

 

Bill Gates' philanthropic efforts through the Bill and Melinda Gates Foundation have had a profound impact on global health and poverty reduction. His dedication to making a positive difference in the world continues to inspire people everywhere to pursue their passions and make a difference in the world.


What's next for Bill Gates?

 

For the future Bill Gates envisions a world in which will encounter new innovations across various fields. He has also made some predictions about the breakthrough of the complex areas in nuclear technology. Additionally, he has also mentioned that the 2024 elections will be a turning point for the future of his country, as it may fuel climate action and global health.


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FAQs

What is the current net worth of Bill Gates?

Bill Gates currently has a net worth of $133.6 billion.

What is the name of Bill Gates' foundation?

Bill Gates' foundation is known as Bill & Melinda Gates Foundation, which is also one of the largest private foundation in the world.

When did Bill Gates co-founded Microsoft?

Bill Gates co-founded Microsoft back in 1975, along with Paul Allen.

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