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
