Why Bill Gates’ Net Worth is So High 20 Years Since Stepping Down As The CEO of Microsoft

by Tech Billow
0 comment

Bill Gates, the founder, and CEO of Microsoft has made several revolutionary changes to the modern era of computers.

He is one of the best businessmen and pioneers of the microcomputer revolution. He co-founded Microsoft with a business partner and friend Paul Allen in 1975. Bill Gates ran the company as the CEO and carried it to massive success.

Bill gates made a lot of money through Microsoft, and his net worths to a staggering $100 Billion. Bill Gates stepped down as the CEO of Microsoft almost 20 years ago and changed his post to the chief software architect and remained chairman. He also stepped down as the chairman in 2014.

In 2017, Bill Gates donated 64 million Microsoft shares, and it reduced his stake by one percent.

So, the bigger question is, how did Bill Gates Maintain his stakes after stepping down as the CEO of Microsoft?

how did Bill Gates Maintain his stakes after stepping down as the CEO of Microsoft

Microsoft is a colossal company, and under the new CEO Satya Nadella, The company’s stock price has increased. Bill Gates still has a 1 percent share remaining in the company, which is priced at almost $7 Billion.

Bill Gates along with his wife Melinda Gates also runs a charity foundation that has over $40 billion worth of assets. He also owns several hotel chains and properties.

It is reported that he recently bought a private jet worth $40 million, and his house has a worth of more than a hundred million dollars. Bill also owns a private island.

Bill Gates does a lot of charity; some reports suggest that he donates 60% of his earnings to charity. He was one of the richest men in the world at one time until the owner of amazon Jeff Bezos surpassed him.

Currently, he is the 2nd richest man the world.

Related Posts