Bill Gates Net Worth 2023: Bill Gates, also known as William Henry Gates III, was born on October 28, 1955, in Seattle, Washington. He grew up in a wealthy family with his older sister, Christiane, and younger sister, Libby.
His father, William H. Gates Sr., harbored aspirations for his son to become a renowned lawyer, but fate had a different plan for Bill Gates.
Raised in an environment that envisioned him pursuing a legal career, Gates’ trajectory shifted when he enrolled at Harvard University after completing high school at Lakeside.
It was at Harvard that he crossed paths with Steve Ballmer, a friendship that would endure, even as Gates chose to depart from Harvard after two years, in contrast to Ballmer’s graduation.
Bill Gates Net Worth 2023
Bill Gates, an American billionaire entrepreneur, author, and philanthropist, has a net worth of $126 billion as per Wikipedia. He co-founded Microsoft and served as its chairman and CEO, earning his first fortune.
Currently, he owns less than 1.3% of Microsoft and has sold billions of dollars worth of its shares. The proceeds from these sales have been used to fund Cascade Investment LLC.
Which Gates uses to invest in numerous other companies. From 1997 to 2008, he held the title of the world’s richest person for an extended period.
He briefly traded places with Carlos Slim before reclaiming the top spot until July 2017 when he was surpassed by Jeff Bezos, the founder of Amazon.
Throughout the past decade, Bill Gates has consistently ranked among the five wealthiest individuals globally.
Bill Gates Age, Height, Education, Wife, Kids Net Worth & More
|Real Name||William Henry Gates all|
|Date of Birth and Place||October 28, 1955, United States|
|Height and weight||5’10” and 75 kg|
|Number of kids||3|
|Name of children||Rory, Jennifer, and Phoebe|
|Source of wealth||Programmer, Entrepreneur, Investor, Software Architect, Businessperson|
|Net worth||$130 Billion|
|Social Handles||Instagram | Twitter|
Bill Gates Early Life and Education
Gates’ early life unfolded amidst challenges; he faced bullying as a child and sought solace in his room, delving into programming. Take a quick look at Riley Keough Net Worth 2023.
His initiation into coding occurred at Lakeside prep school, where he, along with friends like Paul Allen, honed their skills, eventually forming the Lakeside Programmers Club.
Gates and Allen’s programming skills were showcased when they computerized the school’s scheduling system. Post-Lakeside, Gates and Allen founded Traf-O-Data during their senior year, creating traffic counters.
Gates’ educational journey took him to Harvard, where he forged a lasting connection with Steve Ballmer. However, he chose to drop out in his sophomore year to pursue his entrepreneurial ambitions.
Bill Gates Career Beginnings
In 1976, Gates and Paul Allen seized the opportunity to establish their own computer software company when the MITS Altair 8800, powered by the Intel 8080 CPU, was released.
They partnered with Micro Instrumentation and Telemetry Systems (MITS), the creators of the microcomputer, and utilized their Altair emulator and BASIC interpreter.
On November 26, 1976, they registered the trade name Microsoft. Gates personally reviewed and often rewrote every line of code the company shipped during its first five years.
Finally, on November 20, 1985, Microsoft launched its first retail version of Microsoft Windows. In 1986, Microsoft went public, with an initial stock price of $21.
By the end of the trading day, the stock had risen to $27.75, making Bill Gates’ 45% stake worth $350 million. Less than a year later, due to a significant surge in the stock, Gates became a billionaire at the age of 31.
On June 15, 2006, Gates announced his plan to gradually step away from his day-to-day responsibilities at Microsoft over the next two years. This decision was made to allow him to dedicate more time to philanthropic endeavors.
Bill Gates and his Companies
- bgC3 LLC
- Canadian National Railway (CN),
- Cascade Investment LLC,
- Carbon Engineering,
- Eclipse Aviation
- Impossible Foods,
- Terra Power,
- Breakthrough Energy Ventures
- Ginkgo Bio works
- Luminous Computing
Bill Gates Personal Life
In 1987, Melinda French started working in Microsoft’s product development division. During a work dinner, she and Bill sat next to each other and got along well.
Bill soon asked Melinda out and they eventually got married on a golf course in Lanai, Hawaii in 1994. Melinda rose to the position of General Manager of Information Products at Microsoft before leaving in 1996.
Together, Bill and Melinda have three children named Phoebe Adele, Rory John, and Jennifer Katharine. In 1994, Bill Gates bought the Codex Leicester.
A collection of scientific writings by Leonardo da Vinci, for $30.8 million at an auction. In 2000, Bill and Melinda combined three family foundations to establish the Bill & Melinda Gates Foundation.
Which is now the largest transparently operated charitable foundation in the world. On December 9, 2010, Bill Gates, Melinda Gates, and Warren Buffett signed the Giving Pledge, committing to donate at least half of their wealth to charity over time.
Bill Gates Assets
Bill Gates’ home, Xanadu 2.0, is a modern and spacious lakefront property where he lives with his family. The house spans 66,000 square feet and boasts a range of high-end features.
- 7 bedrooms
- 6 Kitchens
- 24 bathrooms
- 6 fireplaces
- A private library with an Oculus shape
- Luxurious steam room
- Lavish sauna
- A four-car attached garage
- Swimming pool Olympic sized
- 20-seater Art Deco theatre
- Trampoline room
- Lost on the Grand Banks,’ an oil painting by Winslow Homer for $36 million;
- ‘Polo Crowd’ by George Bellows for $28 million;
- ‘Room of Flowers’ by Frederick Childe Hassam for $20 million;
- ‘The Nursery’ by William Merritt Chase for $10 million;
- Andrew Wythe’s ‘Distant Thunder’ for $7 million; and
- The Codex Leicester book for $30.8 million.
- 1988 Porsche 959 Coupe
- Customized Porsche 911 Carrera,
- The Porsche 930
Bill Gates Endorsements and Earnings
In terms of earnings, Gates’ approach to salary has evolved over the years. Since stepping down as Microsoft’s CEO in 2008, he has focused on philanthropy through the Bill and Melinda Gates Foundation.
While his recent salary is modest, in the range of $150,000 to $200,000, his impact on the tech industry and global philanthropy is immeasurable. We also advised you to read Corinna Kopf Net Worth 2023.
Gates’ story is not just one of technological innovation but also of dedication to social causes. His commitment to the Giving Pledge, alongside Warren Buffett, underscores his dedication to donating a substantial portion of his wealth to charitable causes.
In conclusion, Bill Gates’ journey from a childhood marked by coding experiments to co-founding Microsoft and becoming a leading philanthropist is a testament to his vision, adaptability, and enduring impact on the world.
1. What is Bill Gates’ net worth in 2023?
Bill Gates’ net worth in 2023 is approximately $130 billion.
2. Can you provide a brief biography of Bill Gates?
Bill Gates, born on October 28, 1955, in Seattle, co-founded Microsoft and played a pivotal role in the personal computer revolution.
3. How tall is Bill Gates?
Bill Gates is approximately 5 feet 10 inches (1.78 meters) tall.
4. What is Bill Gates’ educational background?
Bill Gates attended Harvard University but dropped out in 1975 to co-found Microsoft.
5. Who is Bill Gates’ wife and how many children do they have?
Bill Gates’ wife is Melinda French Gates, and they have three children: Jennifer, Rory, and Phoebe.