Author: Peter Yachtfan, update 2020-
William Henry Gates III
Bill Gates Net Worth:
US$ 107 billion
October 28, 1955
Jennifer Katharine Gates, Phoebe Adele Gates, Rory John Gates
Gulfstream G650 (N887WM) -
Gulfstream G650 (N194WM)
Medina Mansion Xanadu 2.0. More here.
Porsche 911, Porsche 959
He is building a yacht in the Netherlands
Bill Gates is one of the richest men in the world. His net worth is more than US$ 100 billion. The source of his wealth is Microsoft, although he has now sold and gifted most of his shares in the company. (He still owns 1.3% of Microsoft's shares). Gates has donated more than US$ 36 billion to philanthropy.
He is the co-
He stepped down as Microsoft’s CEO in 2000. Then he started working fulltime at the Bill and Melinda Gates Foundation.
People often ask: how much is Gates worth and how much money does he have? He is often referred to as the richest man in the world. He has an estimated net worth of US$ 107 billion. (March 2020).
Now and then he loses the position of the world’s richest man to Jeff Bezos. This is following fluctuations in either Microsoft or Amazon.com share prices.
He owns 102,992,934 Microsoft shares, at $164 each, worth $17 billion. This represents roughly 1.3% of Microsoft.
Most of his wealth is invested in stocks. As per March 2020 his investments in ‘other shares’ can be specified as follows:
Through his Cascade Investments he owns 31 million (10%) of John Deere stocks. Which is worth roughly US$ 5 billion.
He owns 69 million shares of Berkshire Hathaway at $209 each, worth US$ 14 billion.
He owns 31 million shares in Ecolab, at $190 each, worth US$ 6 billion.
He owns 18 million shares in Autonation, at $42 each, worth $ 800 million.
Through his investment company Gates Ventures he owns 6 million shares in Exicure, a biotechnology company.
We made this simple table of his main investments.
The yearly dividend of his main investments (Microsoft, John Deere, Ecolab) is more then US$ 400 million per year.
His Bill & Melinda Gates Foundation is the largest charitable foundation in the world. The aims of the foundation are to enhance healthcare. And to reduce extreme poverty. And to expand educational opportunities and to expand access to information technology.
Gates has funded his foundation with more than US$ 2 billion. In 2006 Warren Buffet donated US$ 1.5 billion to the Gates foundation. The assets of the Bill & Melinda Gates Foundation exceed US$ 30 billion. Yearly donations are worth more than US$ 1.5 billion. In total Gates has donated more than US$ 36 billion.
Bill and Melinda Gates together with billionaire Warren Buffet started The Giving Pledge. It is a philanthropic initiative aiming to get the world’s billionaires to pledge their fortunes early in their lives. So that they can have more control over how it’s spent.
In the few years since it was launched, the giving pledge has recruited more than 100 billionaires. Including the Facebook founder Mark Zuckerberg, Intel Chairman Gordon Moore, and New York Mayor Michael Bloomberg.
More than half of his assets are outside his holding of Microsoft shares. He holds these other investments through his Cascade Investment LLC. This company owns shares in Berkshire Hathaway, Coca Cola, and Femsa. And also Carpetright, Four Seasons Hotels and Waste Management. And many other investments.
He bought a US$ 130 million mansion in Medina Washington (he spent $66 million, but it doubled in value). He also bought a mansion in Wellington, Florida mansion, with extensive equestrian facilities.
He owns 4 private jets, a water plane and several helicopters. He is building a new yacht in the Netherlands. And finally he has a collection of cars, including Porsche 911, 959 and a Chevrolet Corvette.
Bill Gates Investments 2020
Value $ billion