Bill Gates Net Worth in 2019, Co-founder of Microsoft, Bill Gates, is a famous American business magnate, investor, author, and philanthropist. Bill Gates has added $16.6 billion this year and his wealth is now pegged at $106 billion which makes him the second richest person in the world. As of April 2019, Microsoft became the world’s most valuable company as the tech giant commanded a market capitalization of over $1 Trillion. He is the world wealthiest and renowned philanthropist who has push humanity forward with his real-life examples.
According to Business Insider Calculations, if will takes Bill gates 285 years to spend his fortune only if he spends $1 million per day, His $106 million fortune could even buy 81.1 million troy ounces of gold. That’s also equivalent of 1.45 billion barrels of crude oil, according to Bloomberg.
Bill Gates Net Worth in 2020
|Net worth:||$106 billion|
|Born:||October 28, 1955|
|Country of Origin:||Seattle, Washington, U.S.|
|Source of Wealth||Microsoft|
Bill Gates Properties
Being a billionaire and a great investor, Bill Gates has a lot of things in his name which also includes his collections of swanky cars and private jets even expensive art collections sitting at his home. Have a look at it!
Collections Of Swanky Cars And Expensive Private Jet:
Bill Gates who makes approximately, $130 per second has mesmerizing collections of old and new luxurious cars. His own collection of swanky cars is what differentiates him from other billionaires.
- Porsche 959 Coupe is Bill Gates’s favorite ride which was worth around $400,000. You will be surprised to know that there are only about 230 Porsche cars in the world. But, Porsche once put Mr. Gates in a legal dispute with the government because of a lack of an official crash-testing rating.
- Not only that, Mr. Gates owns a customized Porsche 911 Carrera and Porsche 930 which he acquired in his early Microsoft days. Additionally, his collection includes Ford Focus, Ferrari 348 and Jaguar XJ6.
- Later he sold Porsche 911 and was auctioned for $80,000.
Bill Gates also flies one of the most expensive private jets: Bombardier BD-700 Global Express which has worth around $40 million and is big enough to accommodate 19 people.
Bill Gates Net Worth & Amazing Art Collections:
Being an avid art collector, Gates has multiple pieces of expensive arts in his home. They include:
|Art Collections||Worth||Painted by|
|Lost on the Grand Banks||$36 million||Winslow Homer|
|Polo Crowd||$28 million||George Bellows|
|The Nursery||$10 million||William Merritt Chase|
|Room of Flowers||$20 million||Frederick Childe Hassam|
In 1994, Bill Gates paid $30 million for a 16th century Leonardo Da Vinci manuscript at an auction.
There’s roughly $150,000 worth of devices sitting around the house that can display different photographs and paintings on the screens at a single touch. This also includes $80,000 worth of computer screens.
Real Estate Assets
The official residence of Bill Gates, Xanadu 2.0 located in Medina, Washington has now worth around $127 million (as of 2018).
It took 7 years and $63 million to build. But the wait was worth for. The 66,000 square foot house has high-tech features in all corners, a 60-foot swimming pool, 1900 square-foot guest hall for up to 200 guests, six kitchens, and 24 bathrooms. The smart mansion also has a 20-foot ceiling to accommodate a trampoline and a pool with an underwater music system.
The property Wyoming Ranch is listed for $8.9 million.
Rancho Paseana (California)
Rancho Pasaena is an extensive real estate property that adds up to Bill Gates’s portfolio acquired in 2014 for an estimated $18 million.
As An Investor
As a co-founder of Microsoft, you will be surprised to know that only 12.5% of Gates’ net worth comes from the Microsoft venture. From where the rest of the wealth comes from?
According to CrunchBase, to date, Microsoft has acquired over 222 organizations. Recently Microsoft acquired BlueTalon in July 2019 for $27.4 million.
Founded in 2003 by Niklas Zennstrom and Junas Friis, Skype was initially a file-sharing platform. But later, it evolved to become a powerful video conferencing tool that caught the eye of Microsoft developers. Skype was then acquired by Microsoft in a deal worth $8.65 billion in 2011. And what amazing was that Skype surpassed the $2 billion sales mark within two years after the acquisition.
According to Alexa.com, LinkedIn is the 27th most popular website in the world. So how come Microsoft will not spread his wings here. The professional website was acquired by Microsoft in 2016 in a deal worth an estimated $26.2 billion.
Other Remarkable Acquisitions
- GitHub (2018, $7.5 billion)
- Majong (2014, $2.5billion)
- Nokia (2013, $9.4 billion)
- Yammer; (2012, $1.2 billion)
- Aquantive (2007, $5.9 billion)
- Visio (1999, $1.3 billion)
- Hotmail (1997, $400 million)
Bill Gates Last 10 Years Net Worth
Have a look into Bill Gates’s last 10 years’ net worth and be surprised how Bill Gates’s net worth has grown over the years.
Bill Gates Net Worth list
Bill Gates was born on October 28, 1955, in Seattle, Washington, U.S. His father, William H. Gates Sr was a prominent lawyer and his mother Mary Maxwell Gates served on the board of directors for the United Way of America and First Interstate BancSystem.
At the age of 17, Gates formed a venture with Allen based on the Intel 8008 processor called Traf-O-Data to make traffic counters. He was a National Merit Scholar and scored 1590 out of 1600 on the Scholastic Aptitude Tests. He then came to Havard and took mathematics and graduate-level computer science courses. But he left Harvard after two years when he saw the opportunity to start his own computer software company with Allen.
A Big Heart For Philanthropy
Later on his career, Mr. Gates pursued a number of philanthropic endeavors after leaving Microsoft.
Bill & Melinda Gates Foundation
Bill Gates and his wife Melinda have donated $35.8 billion worth of Microsoft stock to the Bill & Melinda Gates Foundation. The foundation is the world’s largest private charitable foundation identified by the Funds for NGOs company in 2013. On August 25, 2018, through his Melinda and Gates Foundation, Gates distributed $600,000 via UNICEF which is now helping flood-affected victims in Kerala, India.
In 2009, Bill Gates and Warren Buffett founded The Giving Pledge. This foundation works towards saving lives and improving global health. The foundation works with Rotary International to eliminate polio where billionaires pledge to give half of their wealth.
He donated $20 million to Carnegie Mellon University for a new building for Computer Science to be named Gates Center which opened in 2009. He also donated $6 million on the campus of Stanford University for the construction of the Gates Computer Science Building.
Gates said he would give $50 million to the Dementia Discovery Fund in November 2017 that seeks treatment for Alzheimer’s disease.
On August 15, 2014, Bill Gates posted a video of himself performing the Ice Bucket Challenge on Facebook. He posted the video after Mark Zuckerberg, the Facebook founder challenged him to do so. This was done in order to raise awareness for amyotrophic lateral sclerosis among the people.
According to reports, Bill Gates and his wife Melinda Gates have said that they intend give away about 99.96 percent of their wealth and leave their three children $10 million each as their inheritance.
Bill Gates has written two books. Have a look!
- Business @ the Speed of Thought written by Bill Gates and Collins Hemingway published in 1999. This book discusses how digital infrastructures and information networks can help run businesses better today. It offers detailed examples from Microsoft, GM, Dell, and many other successful companies.
- The Road Ahead, written with journalist Peter Rinearson and Microsoft executive Nathan Myhrvold published in November 1995. This book focuses on the arrival of a global information superhighway. Also, it has Bill Gates predictions of how the tech world will change in the next 10-15 years. And what was fascinating that after 20 years, all these predictions happened.