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Bill Gates is an American business magnate, software developer, and philanthropist. He co-founded Microsoft in 1975 with his childhood friend Paul Allen, and the company became a dominant force in the personal computing revolution. Born on October 28, 1955, in Seattle, Washington, Gates’ vision for accessible software led to the creation of the Windows operating system, which became the foundation of modern personal computing.
Today, Gates is known for his philanthropic work through the Bill & Melinda Gates Foundation, which aims to improve healthcare, reduce poverty, and expand educational opportunities globally.
Bill Gates was married to Melinda French Gates for 27 years before announcing their divorce in 2021. Together, they have three children: Jennifer, Rory, and Phoebe. The Gates family resides primarily in Medina, Washington, where Gates owns a sprawling estate known as Xanadu 2.0, valued at over $127 million.
Despite his wealth, Gates is known for his focus on philanthropy and has pledged to give away the majority of his fortune. He and Melinda continue to work together on their foundation despite their separation.
As of 2023, Bill Gates' estimated net worth is $115 billion. His fortune is largely derived from his Microsoft shares, investments through Cascade Investment, and other ventures.
Bill Gates co-founded Microsoft in 1975, and the company quickly became a leader in software development. The release of Microsoft Windows in 1985 revolutionized personal computing, and by the early 1990s, Microsoft was the dominant player in the tech industry. Gates served as CEO until 2000, when he transitioned to a more advisory role.
Even after stepping down from daily operations, Gates retained a significant stake in Microsoft. His wealth soared as Microsoft’s stock price increased, making him one of the wealthiest individuals in the world.
In addition to his Microsoft holdings, Gates has made smart investments in the stock market. Through his investment firm, Cascade Investment, Gates has built a diversified portfolio of stocks, bonds, and other assets, contributing significantly to his net worth.
Bill Gates has invested heavily in real estate, with properties across the U.S. His primary residence, Xanadu 2.0, is located in Medina, Washington, and spans 66,000 square feet. Gates also owns a $43 million estate in Del Mar, California, and numerous properties in Florida and Wyoming.
Cascade Investment is Gates’ personal investment vehicle, which manages his wealth outside of Microsoft. Through Cascade, Gates has invested in companies across various industries, including Berkshire Hathaway, Canadian National Railway, and Republic Services. Cascade also manages his stakes in Four Seasons Hotels and numerous real estate ventures.
Bill Gates is widely known for his philanthropy through the Bill & Melinda Gates Foundation, the largest private charitable foundation in the world. The foundation focuses on global health, education, and poverty alleviation. In 2010, Gates, along with Warren Buffett, founded the Giving Pledge, encouraging billionaires to commit to giving away at least half of their wealth.
Gates has donated billions to combat infectious diseases, fund vaccines, and improve education, making him one of the most significant philanthropists of our time.
Bill Gates’ legacy as a tech visionary and philanthropist is unmatched. With an estimated net worth of $115 billion, Gates continues to impact the world through his business acumen and commitment to solving global challenges.
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Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.