About Bill Gates
Bill Gates is a renowned American businessman, software developer, author, investor. He was born on 28th October 1955. Moreover, he co-founded Microsoft with his childhood friend named Paul Allen. Mr Gates was a CEO, president, chairman, chief software architect at Microsoft Company. He was also the largest individual shareholder of the company till May, 2014. In the 1970s and 1980s, he was a crucial figure in the microcomputer revolution.
Net Worth of Bill Gates
Bill Gates is an American business entrepreneur, philanthropist, and author. He is the founder and former chairman, and CEO of Microsoft. Bill Gates’ net wealth is $138 billion as of this writing. Bill Gates has been the richest man on the planet for much of the last two decades. When Amazon founder Jeff Bezos overtook him as the world’s richest person in July 2017, he fell to second place. He is now routinely ranked among the world’s top five wealthiest persons.
Bill Gates and Paul Allen’s foundation of Microsoft was the first personal computer revolution. In today’s Microsoft, he controls less than 1.3 percent of the company. Over the years, he has sold tens of billions of dollars worth of Microsoft stock. Bill Gates used Cascade Investment LLC to invest money in many other firms supported by his sales revenue.
Life of Bill Gates
Bill Gates started building Microsoft with his Paul Allen in 1975, while he was already attending Harvard University.Following the success of this effort, Gates dropped out of Harvard during and came together with Allen to work on creating Microsoft.
Microsoft makes personal computers, publishes books through Microsoft Press, provides email services through its Exchange server, and sells video gaming consoles and associated peripheral devices in addition to being the world’s largest software corporation. He is currently working at Microsoft’s principal software architect position, promoted to chair in 2008.
Cascade Investment LLC has a significant portion of Bill Gates’s net worth. Cascade is a privately held investment entity that owns companies including Canadian National Railway (CNR), Deere (DE), and Republic Services (RSG), as well as real estate and energy businesses.
The Bill & Melinda Gates Foundation, of which he and his ex-wife, Melinda Gates, are co-chairs, was formed in 2000 when Gates’ two charitable organizations created this organization by combining the Gates Foundation and the Gates Learning Foundation. His organization has spent billions fighting malaria and polio by way of his organisation, and the organization has invested almost $1.9 billion to tackle the COVID-19 pandemic as of 2021.
Business ventures and Investments of Mr Gates
Gates owns a 16 percent investment in AutoNation, an automobile retailer that trades on the New York Stock Exchange.
Gates also formed bgC3 LLC, a think-tank and research firm.
The Canadian National Railway (CN) is a Class I freight railway in Canada. Gates is the largest single stakeholder of CN shares as of 2019.
Gates created and controls Cascade Investment LLC, a private investment and holding business formed in the United States and based in Kirkland, Washington.
