nsane.forums Posted May 16, 2013 Share Posted May 16, 2013 Microsoft chairman Bill Gates is once again the richest man in the world, according to the Bloomberg Billionaires Index, as a rise in Microsoft's stock has helped boost Gates' wealth to $72.7 billion.Bill Gates has been an extremely wealthy man for some time, but since 2007 the co-founder and chairman of Microsoft has only been the second wealthiest man in the world. Mexican telecommunications mogul Carlos Slim has been on top for the past several years. Today, that changed.Bloomberg reports that, according to their own Bloomberg Billionaires Index, Gates has once more taken the title of richest man in the world. The index estimates that Gates' personal wealth is now $72.7 billion, which is now ahead of Slim, which "just" has a net worth of $72.1 billion.The reason for Gates' rise to the top is in part due to the rising stock price of Microsoft, which reached a five year high at the close of trading today. Gates also owns stock in other companies that have seen their share prices go up this year, such as the Canadian National Railway Co. and Republic Services, which deals in waste collection. Gates' net worth has gone up $10 billion so far in 2013, while Slim has seen his worth drop by $2 billion.Gates has pledged to give the vast majority of his money away to charity through the Bill and Melinda Gates Foundation. Indeed, as he stated in an interview earlier this year, "I’m certainly well taken care of in terms of food and clothes. Money has no utility to me beyond a certain point."View: Original Article Link to comment Share on other sites More sharing options...
insanedown58 Posted May 17, 2013 Share Posted May 17, 2013 Good for Big Bill! I'm happy to hear that he is planning on putting it in his charity. Link to comment Share on other sites More sharing options...
calguyhunk Posted May 17, 2013 Share Posted May 17, 2013 For those who don't know, Bill & his good friend, Berkshire Hathaway CEO Warren Buffett started The Giving Pledge and along with a bunch of other billionaires have pledged at least 50% (and more as the case may be) of their wealth to philanthropic causes. :notworthy:Don't remember who (think it might actually be the Oracle of Omaha) but someone actually pledged 90% of his wealth to philanthropy. :thumbsup: Link to comment Share on other sites More sharing options...
Mr Orus Posted May 17, 2013 Share Posted May 17, 2013 With all the money that has ... could help millions and millions of people in the world. vote -10 Link to comment Share on other sites More sharing options...
Administrator DKT27 Posted May 17, 2013 Administrator Share Posted May 17, 2013 With all the money that has ... could help millions and millions of people in the world.He is, infact, far more than any such money rich guy out there. For example, he is the sole reason that some of the life saving vaccines' prices has gone down by upto 90% in Africa. He is funding many researches, etc. that are helping the poor. :) Link to comment Share on other sites More sharing options...
calguyhunk Posted May 18, 2013 Share Posted May 18, 2013 its all mostly tax write offs!Cynicism and skepticism are good qualities to have. I'll much rather be accused of cynicism than naivety. But 90% of your wealth (or indeed 50% whatever the case may be) is not all tax write off. No one likes Microsoft the company. But let's be charitable enough to give the devil his due. He might just have at least a part of his heart in the right place ;) Link to comment Share on other sites More sharing options...
Tweety.Abd Posted May 18, 2013 Share Posted May 18, 2013 Well at the money is in good hands and being spent for a good cause. Link to comment Share on other sites More sharing options...
OrioNeXus Posted May 23, 2013 Share Posted May 23, 2013 "I’m certainly well taken care of in terms of food and clothes. Money has no utility to me beyond a certain point."AGREED!!! :yes: Link to comment Share on other sites More sharing options...
Archaven Posted May 25, 2013 Share Posted May 25, 2013 Damn.. what you plan to do with all that money? I wonder how Bill spend on his moneh... Link to comment Share on other sites More sharing options...
LazyPotato Posted May 28, 2013 Share Posted May 28, 2013 Windows Link to comment Share on other sites More sharing options...
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