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Bill Gates: Behold America’s Richest 2017 Net Worth, Exotic Cars, Houses
Bill Gates, American business mogul, investor, computer programmer, author and philanthropist is one of the renowned entrepreneurs in the computer and technology industry whose net worth is now $89.2 billion.
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The software giant co-founded the largest computer software company in the world, Microsoft, with Paul Allen. The company officially established on April 4, 1975, with Bill Gates as the CEO.
He stepped down as Microsoft’s CEO in 2008, to concentrate with his charity work through the Bill & Melinda Gates Foundation. A charitable foundation he founded with his wife, Melinda.
With his net worth, the 61-year-old business tycoon is now the world’s second-richest person and United States’ richest person.
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Gates’ net worth drastically increased due tojumps in the shares of Canadian National Railway (CNI) Company and Ecolab (ECL), two smaller companies in which he has holdings.
Bill Gates net worth was $50 billion when he left Microsoft in 2006, according to Oxfam. His net worth increased to $75 billion in 2016 despite his commendable attempts to give it away through his Foundation.
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Since 2009, Gates average net worth has grown at 11 percent per year. If his investments keep doing as well as they have been, thus increasing his net worth, Bill Gates could become the world’s first trillionaire.
According to Forbes, which also tracks billionaires’ net worth, estimates Gates’ net worth to $78.7 billion in 2016. Forbes also says that Gates’ net worth briefly topped $100 billion back in 1999, back before the federal antitrust case decision against Microsoft that year and the bursting of the tech bubble in early 2000.
Apart from the charitable work Bill Gates does through his personal foundation, he is also one of the founding members of ‘The Giving Pledge’, a commitment from some of the richest individuals in the world to give away more than half of their worth
The philanthropist disclosed that he will not gift his children his inheritance over fears that it will “distort their lives”.
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Bill Gates has three children, Jennifer Katharine (born in 1996), son Rory John (born in 1999) and daughter Phoebe Adele (born 2002).
He said his three children would not be receiving his fortune as it was going to good works instead.
With his net worth, Bill Gates has lots of asset, fleet of cars, beautiful mansions, yacht and other luxury.
Check out photos of some of Bill Gates houses and cars: