Bill Gates who became the youngest billionaire in the world at the age of 31 years just after the launch of Microsoft in 1987.By the age of 39 he was worth 12.9 billion making him the world riches.
Amazon founder Jeff Bezos is now worth $105.1 billion, making him the richest person currently.
The drop of Bill Gates is not because Microsoft is performing poorly.
Bill Gates made the choice to give much of his money away.
In the year 2000 Bill Gates co-founded the Bill & Melinda Gates Foundation alongside his wife with the mission of improving the quality of life of people around the world. The couple have since donated $2.9 billion in cash and 700 million Microsoft shares to charitable causes. Through his effort he has teamed up more than 150 millionaires and billionaires like Warren Buffett Mark Zuckerberg, Richard Branson and Elon Musk to support this cause of improving the quality of life of people around the world. Mr and Mrs Gates starting in 2000 with a $1 billion effort to send more than 20,000 kids to college. More recently, Bill and Melinda have committed millions to fighting Alzheimer’s, providing resources to women in developing countries and promoting global health initiatives around the world, in addition to a variety of other causes. They have also contributed nearly $3 billion to help eliminate polio disease by 2020.
If Bill Gates had held back and not given this much to the foundation, he would have had an estimated worth of $150 billion today making him the world richest.
Source: CNBC
