⬅ # 16 Michael Bloomberg|# 18 Mukesh Ambani ➡

# 17 Bill Gates 

$104B

Real Time Net Worth
as of 12/22/2024
-$156.4M (-0.15%)

# 17 Bill Gates 

$104B

Real Time Net Worth
as of 12/22/2024
-$156.4M (-0.15%)
OccupationCochair, Bill & Melinda Gates Foundation
Source of WealthMicrosoft
Age69
ResidenceMedina, Washington
Marital StatusDivorced
Children3
EducationDrop Out, Harvard University
Age-Adjusted Net Worth$56.7B
Bill Gates
Bill Gates
United States
Net worth: $104B

Self-Made Score 

Rado Captain Cook Automatic Diving Watch with Stainless Steel Strap

Wealth History

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Biography

William Henry Gates III, commonly known as Bill Gates, was born on October 28, 1955, in Seattle, Washington.
In 1975, Gates co-founded Microsoft, a company that played a pivotal role in the personal computer revolution by developing the MS-DOS operating system and later Windows.
Under Gates' leadership, Microsoft became the world's largest personal-computer software company, dominating the software market with products like Microsoft Office and Windows OS.
In 1986, Microsoft went public, and Gates became one of the wealthiest individuals globally, contributing to the growth of the software industry.
Gates is renowned for his strategic business acumen and played a significant role in shaping Microsoft's partnerships and competitive strategies during its formative years.
In 2000, Gates stepped down as Microsoft's CEO but continued to be actively involved in the company's direction as Chief Software Architect until 2006.
Gates is a prolific philanthropist, co-founding the Bill & Melinda Gates Foundation in 2000, focusing on global health, education, and poverty alleviation.
In recent years, Gates has devoted more time to philanthropy and global health initiatives, emphasizing the importance of technology and innovation in addressing societal challenges.
Gates has authored books on business, technology, and societal issues, contributing to the broader discourse on the role of innovation and entrepreneurship in addressing global challenges.

Bill Gates's Wealth is Equivalent to:

80,215,550 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

19,716,178 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

1,064,950 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Bill Gates?

If you started with $10,000 and invested an additional $500 each month at a 42.82% CAGR, it would take you 5 years to reach Bill Gates's net worth of $104B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 67.72% compared to 25.94% for the S&P 500 benchmark.

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Bill Gates is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Bill Gates, Microsoft is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey