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The Richest Man in the World

richest man in the world

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The Richest Man in the World

How do you make $75 billion in a lifetime?

The richest man in the world according to the authoritative media channel Forbes is Bill Gates. His net worth in 2016 at the time of compiling the list of the world’s richest was $75B.

Bill Gates is the founder of Microsoft and a co-founder of Bill and Melinda Gates Foundation.

 

Age 61
Source of Wealth Microsoft, Self Made
Self Made score 8
Residence Medina, WA
Citizenship United States
Marital Status Married
Children 3
Education Drop Out, Harvard University

His Real-Time Networth as of 10/29/16 stood at $81.7 Billion, according to Forbes.

The following appeared on Forbes.

From his perch atop the world’s largest private charitable foundation, Gates keeps pushing to save lives in the developing world through efforts to eliminate polio, attack malaria and expand childhood vaccinations. The Bill & Melinda Gates Foundation is also focused on K-12 education in the U.S., although it admitted this year that it’s a “real struggle” to make changes to the system. In June 2016 his team created a chicken coop in a Manhattan skyscraper to showcase the importance a few chickens can have for some of the world’s poorest people.

“There is no investment that has a return percentage anything like being able to breed chickens,” Gates said at the time. America’s richest person for 23 years running, he stepped down as Microsoft’s chairman in 2014 but remains a technology advisor and board member of the company he cofounded in 1975. Gates sells his Microsoft shares on a regular basis and as of late September 2016 owned just 2.5% of the company, which accounted for 13% of his fortune. He also has investments in Canadian National Railway, tractor maker Deere & Co. and car dealer AutoNation. In January 2016 Gates increased his investment in Kymeta, a startup based in Redmond, Wash. that is building tiny antennas aimed at enabling satellite communication with any moving object.

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