This billionaire, who has long been a staple in the top 10 richest individuals worldwide and among America’s wealthiest for over two decades, has fallen off the list.
Once consistently among the wealthiest, he has seen a signiicant drop in his net worth recently. This notable billionaire, also recognized for his philanthropic efforts, is now ranked 13th on Forbes’ real-time billionaire list. He is none other than Microsoft co-founder Bill Gates. Check his current net worth here.
Bill Gates’s Current Net Worth
As of now, Bill Gates has a net worth of USD 106.2 billion (approximately Rs 89,18,21,40,30,000), which reflects a decrease of USD 358 million. Please note that this is real-time wealth and can fluctuate hourly.
What Is The Reason Behind Bill Gates’s ‘Fall’ In Ranking
The decline in Gates’ wealth is largely attributed to his divorce from Melinda French Gates in 2021. It’s believed that the settlement ended up being nearly three times the initial amount, significantly impacting Gates’ overall net worth.
With her substantial settlement, Melinda French Gates has positioned herself among the wealthiest women in the United States.
Currently, Melinda’s net worth is estimated at USD 29 billion, up from USD 10.3 billion last year, making her the ninth-richest woman in America.
The Drastic Fall In The Ranking
Despite the decrease in his fortune, Gates remains committed to philanthropy. The Bill & Melinda Gates Foundation continues to focus on global health and development, although there is uncertainty about its future direction without Melinda’s guidance.
In interviews, Gates has acknowledged that his position in the wealth rankings might continue to decline. He has also not dismissed the possibility that he and Melinda could pursue their individual efforts independently in the future. However, he assures that the Gates Foundation is expected to remain operational for another 25 years. Meanwhile, Melinda French Gates is directing her efforts toward her new initiative, Pivotal Ventures, which aims to empower women and families.
Where Is Mukesh Ambani and Gautam Adani In The Rich List
Mukesh Ambani is ranked 11th on the list of the world’s richest people, with a net worth of USD 109.2 billion. Following him is Gautam Adani, who stands at 21st with a wealth of USD 81.1 billion.
