Bill Gates

In March 2010, who was Gates the second richest person in the world?

In 1999, his wealth briefly surpassed US$101 billion. Since 2000, the nominal value of his Microsoft holdings has declined due to a fall in Microsoft's stock price after the dot-com bubble burst and the multi-billion dollar donations he has made to his charitable foundations. In May 2006, Gates remarked that he wished that he were not the richest man in the world because he disliked the attention it brought. In March 2010, Gates was the second wealthiest person behind Carlos Slim, but regained the top position in 2013, according to the Bloomberg Billionaires List. Slim retook the position again in June 2014 (but then lost the top position back to Gates). Between 2009 and 2014, his wealth doubled from US$40 billion to more than US$82 billion. In October 2017, Gates was surpassed by Amazon founder Jeff Bezos as the richest person in the world. On November 15, 2019, he once again became the richest person in the world after a 48% increase in Microsoft shares, surpassing Bezos. Gates told the BBC, "I've paid more tax than any individual ever, and gladly so ... I've paid over $6 billion in taxes." He is a proponent of higher taxes, particularly for the rich.


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  • Gates studied the work of Andrew Carnegie and John D. Rockefeller, and donated some of his Microsoft stock in 1994 to create the "William H. Gates Foundation." In 2000, Gates and his wife combined three family foundations and Gates donated stock valued at $5 billion to create the charitable Bill & Melinda Gates Foundation, which was identified by the Funds for NGOs company in 2013, as the world's wealthiest charitable foundation, with assets reportedly valued at more than $34.6 billion. The foundation allows benefactors to access information that shows how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust. Gates, through his foundation, also donated $20 million to Carnegie Mellon University for a new building to be named Gates Center for Computer Science which opened in 2009.

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  • Gates had primary responsibility for Microsoft's product strategy from the company's founding in 1975 until 2006. He gained a reputation for being distant from others; an industry executive complained in 1981 that "Gates is notorious for not being reachable by phone and for not returning phone calls." An Atari executive recalled that he showed Gates a game and defeated him 35 of 37 times. When they met again a month later, Gates "won or tied every game. He had studied the game until he solved it. That is a competitor".

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  • Later in his career and since leaving day-to-day operations at Microsoft in 2008, Gates has pursued a number of philanthropic endeavors. He has given sizable amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, reported to be the world's largest private charity. In 2009, Gates and Warren Buffett founded The Giving Pledge, whereby they and other billionaires pledge to give at least half of their wealth to philanthropy.

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  • On April 29, 2017, Gates partnered with Swiss tennis legend Roger Federer in play in the Match for Africa 4, a noncompetitive tennis match at a sold-out Key Arena in Seattle. The event was in support of Roger Federer Foundation's charity efforts in Africa. Federer and Gates played against John Isner, the top-ranked American player for much of this decade, and Mike McCready, the lead guitarist for Pearl Jam. The pair won the match 6 to 4. Overall, they raised $2 million for children in Africa. The following year, Gates and Federer returned to play in the Match for Africa 5 on March 5, 2018, at San Jose's SAP Center. Their opponents were Jack Sock, one of the top American players and a grand slam winner in doubles, and Savannah Guthrie, a co-anchor for NBC's Today show. Gates and Federer recorded their second match victory together by a score of 6–3 and the event raised over $2.5 million.

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