Bill Gates Biography in 2024: Net Worth, Family, Career, Education, Awards & More

Bill Gates Biography William Henry Gates III born on October 28, 1955, is an American entrepreneur, investor, philanthropist, and author known for co-founding Microsoft with Paul Allen. Gates played a key role in the microcomputer revolution of the 1970s and 1980s. In 1975, Gates and Allen launched Microsoft in Albuquerque, New Mexico. Gates was chairman and CEO until January 2000 when he became chief software architect. He faced scrutiny for his business practices in the late 1990s.

Bill Gates Biography in 2024

Throughout various court rulings, this viewpoint has been validated. In June 2008, Gates shifted to a part-time position at Microsoft and began working full-time at the Bill & Melinda Gates Foundation, a private charitable organization he and his then-wife Melinda established in 2000. He resigned as chairman of the Microsoft board in February 2014 and took on the role of technology adviser to assist newly appointed CEO Satya Nadella.

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Gates resigned from his board positions at Microsoft and Berkshire Hathaway in March 2020 to concentrate on his philanthropic endeavors related to climate change, global health and development, and education. Since 1987, Gates has been featured in Forbes’ list of the world’s billionaires. He held the Forbes title of the world’s richest person annually from 1995 to 2017, except for 2008 and from 2010 to 2013. In October 2017, Amazon founder Jeff Bezos surpassed him, with an estimated net worth of US$90.6 billion compared to Gates’s net worth of US$89.9 billion at that time. In the Forbes 400 list of wealthiest Americans in 2023, he was ranked sixth with a wealth of $115.0 billion.

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Bill Gates Biography in 2024 News

As of March 2024, Gates has an estimated net worth of US$151 billion, making him the fifth-richest person in the world according to the Bloomberg Billionaires Index. Later in his career and since leaving day-to-day operations at Microsoft in 2008, Gates has pursued other business and philanthropic endeavors.

He is the creator and head of multiple enterprises, such as BEN, Cascade Investment, TerraPower, bgC3, and Breakthrough Energy. He has generously contributed funds to various charitable causes and scientific projects via the Bill & Melinda Gates Foundation, known as the world’s largest private charitable organization. Leading a vaccination initiative in the early 21st century, he played a significant role in eliminating the wild poliovirus in Africa. In 2010, Gates and Warren Buffett established The Giving Pledge, a commitment for billionaires to donate at least half of their wealth to philanthropic endeavors.

Bill Gates Biography in 2024 Summary

Born
William Henry Gates III

October 28, 1955 (age 68)

Seattle, Washington, U.S.
Education Harvard University (dropped out)
Occupations
  • Businessman
  • investor
  • philanthropist
  • writer
Years active 1972–present
Known for
  • Pioneer of the personal computer revolution with Paul Allen
  • Co-founding of Microsoft and Bill & Melinda Gates Foundation
Title
See list
Spouse
Melinda French

(m. 1994; div. 2021)

Children 3
Parents
  • Bill Gates Sr.
  • Mary Maxwell
Awards
  • Knight Commander of the Order of the British Empire (2005)
  • Padma Bhushan (2015)
  • Presidential Medal of Freedom (2016)
  • Hilal-e-Pakistan (2022)
Website gatesnotes.com
Signature
William H. Gates III

About Bill Gates Biography 2024

  • Bill Gates turned his fortune from software firm Microsoft into diversified holdings including investments in zero-carbon energy companies
  • In May 2021, Bill and Melinda Gates each announced on Twitter they were ending their marriage after 27 years. They still co-chair the charitable Gates Foundation.
  • Gates, who cofounded Microsoft with Paul Allen (d. 2018) in 1975, transferred at least $6 billion worth of shares in public companies to Melinda as part of the divorce settlement.
  • As of March 2020, when Gates stepped down from the Microsoft board, he owned about 1.3% of the software and computing company’s shares.
  • He has invested in dozens of companies including Republic Services and Deere & Co., and is one of the largest owners of farmland in the U.S.
  • To date, Gates has donated more than $59 billion to the Gates Foundation, including a $20 billion gift announced in July 2022. Most of his early donations were gifts of Microsoft stock.

Who is Bill Gates?

Bill Gates, also known as William Henry Gates III, is a renowned American entrepreneur, philanthropist, and author. As the co-founder of Microsoft, he achieved billionaire status at 31, becoming the world’s youngest billionaire just 11 years after founding the company in Seattle in 1955.

The technology tycoon established a vast empire from the ground up, introducing machines and advancements that have truly transformed our daily operations. Mr. Gates has made significant contributions to the fields of computing, software, electronics, and entertainment. Notably, Bill Gates’ wealth has seen a substantial surge in recent years. In April 2019, he became the second individual, following Jeff Bezos, to enter the exclusive group of billionaires with a net worth in the twelve-figure range. As of July 2019, Bill Gates’ net worth in real-time stood at $104.7 billion, placing him in the second position behind Jeff Bezos, who held $153.2 billion.

Bill Gates: Net Worth

Bill Gates has an estimated net worth of 133 billion USD or 11,730 crores, which is approximately 9.37 Lakh Crore Indian Rupee. His primary source of income is from Microsoft stocks valued at around 15 billion USD, with the remaining 70 billion USD coming from his other ventures and personal investments. Additionally, apart from being the wealthiest individual, he is a prominent figure in philanthropy. Along with his wife Melinda, he co-chairs The Bill and Melinda Gates Foundation, the world’s largest private charitable foundation. Microsoft products contribute significantly to Bill Gates’s wealth and earnings.

Name  Bill Gates 
Net Worth (2024) $154.2 Billion
Net Worth In Indian Rupees Rs. 12,341 Crore INR
Profession Businessmen
Monthly Income And Salary $500 Million+
Yearly Income $10 Billion+
Per Day Income $10,959,000
Per Hour Income $456,625
Per minute income $7,610
Per second Income $127

Bill Gates Wife

Melinda Gates (born August 15, 1964, Dallas, Texas, U.S.) American businesswoman and philanthropist who—with her then husband, Microsoft Corporation cofounder Bill Gates—founded the charitable Bill & Melinda Gates Foundation.

Mr. Bill Gates Car Collection, Collectibles, and Hobbies:

  • Lost on the Grand Banks,’ an oil painting by Winslow Homer for $36 million;
  • ‘Polo Crowd’ by George Bellows for $28 million;
  • ‘Room of Flowers’ by Frederick Childe Hassam for $20 million;
  • ‘The Nursery’ by William Merritt Chase for $10 million;
  • Andrew Wythe’s ‘Distant Thunder’ for $7 million; and
  • The Codex Leicester book for $30.8 million.

Bill Gates has a massive car collection, some of his cars include:

  • 1988 Porsche 959 Coupe:
  • Customized Porsche 911 Carrera,
  • The Porsche 930

Mr. Gates also owns a yacht “Serene”, 436-ft valued at 500 million USD.

Bill Gates Net Worth Growth

Year Net Worth (Million)
Bill Gates Net Worth in 2024 $128 Billion
Bill Gates Net Worth in 2023 $118 Billion
Bill Gates Net Worth in 2022 $108 Billion
Bill Gates Net Worth in 2021 $99 Million
Bill Gates Net Worth in 2020 $90 Billion
Bill Gates Net Worth in 2019 $81 Billion

Bill Gates Family

Gates married Melinda French in 1994, and they have three children. They announced their divorce in 2021 after 27 years of marriage. Following the discussion, let’s delve into the family of Bill Gates. Bill Gates’ father was an American lawyer known for his philanthropy and involvement in politics. Moving on to his mother, Mary Ann Maxwell Gates, she was an American business civil activist and school teacher. Bill Gates has two sisters named Kriti Gates and Limby Gates. The information available indicates that Bill and Melinda Gates tied the knot in 1994 but unfortunately divorced in 2021 after 27 years of marriage. Bill Gates and Melinda Gates have three children together: Jennifer Katherine Gates, Phoebe Adele Gates, and Rory John Gates.

Bill Gates Career

To clarify, Bill Gates established Microsoft in 1975 with his late best friend Paul Allen, with the vision of ensuring every household had a computer. This vision has now expanded globally. Years later, Bill Gates relocated the company to Washington State. Remarkably, he wrote his first computer software program at the age of 13.

Bill Gates: Major Achievements

Gates has made significant accomplishments such as establishing Microsoft and turning it into a leading technology company worldwide. He was instrumental in the advancement of personal computing and provided valuable input to the software sector. Gates is well-known for his charitable efforts carried out via the Bill & Melinda Gates Foundation, which is dedicated to enhancing global health, progress, and education.

Bill Gates: Awards & Achievements

Gates has been honored with multiple awards and accolades for his advancements in technology and charitable work. Time magazine recognized him as one of the most impactful individuals of the 20th century, and he was granted honorary degrees by various universities. In 2016, Barack Obama presented him with the Presidential Medal of Freedom.

Bill Gates: Personal Life & Legacy

Gates is a dedicated reader who likes playing bridge, tennis, and golf. He adheres to a precise daily routine and used to travel in economy class until 1997 when he bought a private jet. Gates is enthusiastic about gathering unique items, such as the Codex Leicester by Leonardo da Vinci and the artwork “Lost on the Grand Banks.”