7. Bill Gates
Net worth: $137.2 billion
Source: Microsoft, investments
Age: 68
Residence: Medina, Washington
Citizenship: U.S.
As a teenager, Gates became passionate
about computer programming. He dropped out
of Harvard to cofound software firm Microsoft
with his high school friend Paul Allen in 1975,
creating one of the first software programs
available for the nascent personal computer
industry.
He was CEO of the company for 25
years and remained chairman until 2014. He
eventually stepped off the board in 2020
but told Forbes in 2023 that he still spends
about 10% of his time consulting with teams
at Microsoft.
These days he has investments
in dozens of companies, including waste
removal firm Republic Services and
agricultural equipment maker Deere & Co., and
is one of the largest owners of farmland in the
U.S.
Forbes first listed Gates as a billionaire in
1987; he was the richest person in the world
from 1995 through 2017 (except in 2008 and
from 2010 through 2013). Largely due to the
$59 billion he has donated to the Gates
Foundation, including a $20 billion gift in July
2022, he was overtaken as the world’s richest
person in 2018 by Jeff Bezos.
He and Melinda
French Gates divorced in 2021; she received
an estimated $10 billion in stock and other
assets as part of the divorce settlement.
Gates’ fortune rose by an estimated $6.3
billion during August, enough to move him
ahead up two spots to No. 7 richest.
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