Bill Gates is no longer in the top 10 millionaires on the planet: what happened to his fortune

Bill Gates is no longer in the top 10 millionaires on the planet: what happened to his fortune

November 25, 2024 – 17:45

Some decisions related to his businesses and others to his philanthropic side caused Bill Gates to drop on the Forbes list.

Bill Gates He not only earned his fame for being one of the creators of Microsoft, one of the most successful technology companies in the world, but also for his innovative vision for the future of this field. However, shocking news about the tycoon recently emerged.

And Gates was left outside the Top 10 of the largest fortunes according to Forbes, ranking 14th, the lowest in the last 25 years. This decline reflects the impact of personal events and strategic decisions made over recent years.

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According to Forbes, his current net worth, estimated at 105.1 billion dollars, fell by 4 billion compared to 2023. Despite the fact that a series of decisions affected his assets, the founder of Microsoft continues to accumulate a lot of money.

Why Bill Gates stopped being in the Forbes Top 10

One of the reasons behind This decrease is the financial impact of his divorce with Melinda French Gates in 2021, after 27 years of marriage. Without a prenuptial agreement, the division of assets was costly. Melinda received a bonus of 12.5 billion dollars, coming from the magnate’s personal assets and not from the Foundation that they both run.

On the other hand, for years the businessman expressed his intention to donate 99% of his wealth to social causes, which marked the destiny of his fortune. The Bill and Melinda Gates Foundation committed billions of dollars to combat diseases such as malaria, improve education and promote gender equality.

Source: Ambito

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