Bill Gates was once the richest man in the world for 18 years and currently has a jealous net wealth of $ 124 billion from the Cofounding the Software Titan Microsoft. But now his former assistant has more money in his bank account than he, thanks to Gates’ billion dollar-dub-philanthropic expenses.
On July 3, last week, Gates stood on a fortune of 175 billion US Bloomberg Billionaire index. But his wealth exposed itself over the period of the next few days, as 51 billion US Directly below Fellow Tech Pioneer Michael Dell.
Gates’ assets disappeared as quickly as the index for the philanthropic efforts of the 69-year-old technology mogul was re-adapted. Bloomberg noted that the value increase rates were reduced last week to reflect on “better gates” from the outside non -profit and the estimate of the assets ”based on a May 8th Blog post from The former Microsoft CEO. In the note it became known that Gates would donate his great assets much faster than previously planned. Over the next 20 years, he donated almost all of his assets to the Gates Foundation, which he led with ex-wife Melinda French goalswhich will close by the end of 2045.
“People will say a lot of things about me when I die, but I am determined that” he died rich “not one of them” wrote. “There are too many urgent problems that I have to solve so that I can capture resources that could be used to help people.”
The gates was determined to put down his assets for years for the well -being of well -being, and even said that his children say that his children would inherit “Less than 1%” of his assets. And now his goal is reflected in his assets. His non -profit gift even has its way for his former assistant from the Microsoft Days, Steve Ballmer, to take his place in fifth place with $ 172 billion – and it is Not the first time it happened.
Assets Grip for Gates to get a comment.
Who is Steve Ballmer – and why is he richer than goals?
Most employees never expect more than their bosses. But Ballmer got his foot in the door for a happy time, and for decades the money has noticed in his bank account.
Microsoft was in the early days when Ballmer entered the president in 1980 – the 30th employee who joined the growing technology company. He had stopped from Stanford’s MBA program to take over the job and, together with 10% of all profit growth achieved in business, was offered a basic content of $ 50,000. Ballmer did not get a single share at that time, but the 10% reduction proved to be extremely lucrative.
But soon the business grew so quickly that the part was not feasible. In new negotiations, Ballmer exchanged his profit sharing contract against a participation of 8% in the company. The company’s co -founder, Paul Allen, was not enthusiastic about the compromise and argued that it was still too big for Ballmer. But goals Set his own Money on the line to meet Ballmer’s request – and the rest is the story.
The former Gates assistant finally got into the ranks and took on the role of his boss. He worked as a company of the company from 2000 to 2014. He held 333 million shares in Microsoft or a share of 4% worth 22.5 billion US dollars when he resigned as a chief executive. Today most of the 69-year-old’s investment portfolio is still in the company’s share-but he has his huge assets the right place at the right time and at the right time and at the right time do not redeem too early.
“If there is someone who will tell them that their success is because they were a genius, I would say that they should look for happiness.” told that Wall Street Journal last year. “Forget the share price. I was essentially lucky to listen to the right people.
Since then, Ballmer has ventured into other arenas outside of technology. The Baby Boomer bought the Los Angeles Clippers for 2 billion US dollars in the same year in which he retired from Microsoft, and the team is now estimated at 5.5 billion US dollars.
In the footsteps of Gates, he also has a weakness for charitable purposes. So far he has donated more than $ 4 billion of his assets and founded the Philanthropical Organization Ballmer group focuses on improving economic mobility for families in the USA.
