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Bill Gates retakes Richest Person in the World crown

Bill Gates retakes Richest Person in the World crown

Bill Gates: once again the richest man in the world.

Bill Gates has, according to Forbes, regained the title of Richest Person in the World following an upsurge in the value of Microsoft stock.

Although Bill Gates has held the top spot for 15 of the past 20 years, the last four years had seen Mexico's Carlos Slim take the crown from the former Microsoft CEO. Thanks to a marked increase in the value of Microsoft stock over the last year, though, Gate's fortune has risen to new heights, with Forbes estimating his net worth as being $76 billion. In comparison Slim is now worth $72 billion.

Gates has risen to the top again despite his Microsoft stock taking up less than a third of his fortune, with Forbes pointing out that Steve Ballmer may soon have more stock than Gates, making him the company's biggest shareholder.

The news may also come as a surprise to some as Gates has long since pledged to give away most of his wealth through his Bill and Melinda Gates Foundation. However, despite already giving away over $28 billion the philanthropy seems to have made only a small dent in his fortune.

The full list of the top ten richest people in the world is shown below:
1. Bill Gates - $76 billion
2. Carlos Slim - $72 billion
3. Amancio Ortega - $64 billion
4. Warren Buffett - $58 billion
5. Larry Ellison - $48 billion
6. Charles Koch and David Koch - £40 billion
8. Sheldon Adelson - $38 billion
9. Christy Walton and family - $36.7 billion
10. Jim Walton - $34.7 billion

15 Comments

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phinix 3rd March 2014, 20:54 Quote
Yeah! Go Bill!
Flibblebot 3rd March 2014, 22:45 Quote
What's more worrying is that the Koch brothers still have huge amounts of money left to pump into right-wing US politics :(
RTT 3rd March 2014, 23:07 Quote
to the moon!
theshadow2001 3rd March 2014, 23:16 Quote
He retires. Gives 28 billion away and is still the richest man in the world. He literally can't give it away fast enough. Wow.

Still if he can a mass this sort of money from Microsoft. I can't but help think I've been over charged for my copy of Windows.
RichCreedy 4th March 2014, 00:21 Quote
Microsoft has fingers in many pies, not just windows
Bindibadgi 4th March 2014, 00:23 Quote
Quote:
Originally Posted by Flibblebot
What's more worrying is that the Koch brothers still have huge amounts of money left to pump into right-wing US politics :(

:( sadly, yes.

I hope Bill & Melinda keep going for a long time to come, and his 'new role' at MS doesn't take time away from his philanthropic efforts.
theshadow2001 4th March 2014, 00:29 Quote
Quote:
Originally Posted by RichCreedy
Microsoft has fingers in many pies, not just windows

Many over priced pies
Shirty 4th March 2014, 01:04 Quote
Meh, Microsoft is no worse than any other corporation these days. Until some other company produces an operating system that wows everyone away from Windows I can't argue with their pricing.

Bill on the other hand I can't be mad at any more. He might have been a **** at the peak of his powers, but he's already done more than enough to put that right and goddamn it he was a stoner student with vision.
Waynio 4th March 2014, 02:22 Quote
Holy sheet, well done Bill. :D

Quote:
Originally Posted by Shirty
he was a stoner student with vision.

My kinda guy. :D
DriftCarl 4th March 2014, 06:55 Quote
without microsoft I might have a very different job. Bill aint a bad guy, just a rich nerd. And he does so much now for charity.
Star*Dagger 4th March 2014, 08:08 Quote
He should be taxed at a rate of 99.8%

If you think that is unfair, he would still have 152 million dollars left.
63jax 4th March 2014, 08:57 Quote
Go Bill!!!! everybody like Bill such a modest and generous man, an example how all rich men should be.
Shirty 4th March 2014, 09:54 Quote
Quote:
Originally Posted by Star*Dagger
He should be taxed at a rate of 99.8%

I'm not sure that's how the whole capitalism/philanthropy thing works. It would just reduce the US national debt by 0.6%.

$12,312,000,000,000 minus $76,000,000,000 is still £12,236,000,000,000.

Maybe you should be taxed at 99.8%? Penalising success and generosity is fun!
rollo 4th March 2014, 12:18 Quote
Or we could all not care sounds simple enough.

Bill gates would not even touch USAs national debet which stands at about 12 trillion dollars last I checked. His billions would be pocket change.

He does good charity work let it long continue.
azazel1024 4th March 2014, 16:43 Quote
Quote:
Originally Posted by Shirty
Quote:
Originally Posted by Star*Dagger
He should be taxed at a rate of 99.8%

I'm not sure that's how the whole capitalism/philanthropy thing works. It would just reduce the US national debt by 0.6%.

$12,312,000,000,000 minus $76,000,000,000 is still £12,236,000,000,000.

Maybe you should be taxed at 99.8%? Penalising success and generosity is fun!

It also not money. Worth and has as money are different things. He has pretty much all of that on paper, but its all just stock value. If/when he cashes it out, however, it is taxed. Also if/when it kicks the bucket, it'll all be taxed as posessions are taxed in inheritance, unless he creates one heck of a trust fund, which I doubt (and even then, a lot will be taxed going in or coming out of the trust fund).

At some point it will be taxed. Until the day it can possibly used as money, it just sits there as a fun figure on paper.
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