Donald Trump and others must be the poorest billionaires compared to this tremendous increase in Bill Gates latest net worth of $90 billion to retain him as the world’s richest/wealthiest billionaire.
Bill Gates’ new ascent was reported on Friday, August 19 by Bloomberg Billionaires Index, who said the Microsoft Corporation co-founder has immerse $13.5 billion more than Amancio Ortega, the second wealthiest person in the world. According to billionaires’ chart, at $90 billion, Gates’ net worth is equal to 0.5 percent of U.S. GDP.
On the other hand, the second richest man, Amancio Ortega – founder and chairman of the Inditex fashion group, best known for its chain of Zara clothing and accessories retail shops – immersed a total net worth of $76.5 billion, while Billionaire business magnate and Republican presidential nominee Donald Trump’s net worth is pegged at $4.5 billion.
Investor and business tycoon, Warren Buffett is reportedly worth $65.7 billion, and Facebook founder, Mark Zuckerberg is calculated to be worth $54.1 billion.
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Gates is one of the best-known entrepreneurs of the personal computer revolution. He started in 1987 and was included in the Forbes list of the world’s wealthiest people and was the wealthiest from 1995 to 2007, again in 2009, and has been since 2014. Between 2009 and 2014, his wealth doubled from $40 billion to more than $82 billion. Between 2013 and 2014, his wealth increased by $15 billion.
And now, his wealth continues to expand thanks to gains in public holdings including Canadian National Railway Company and Ecolab Inc. Nevertheless, the 60-year old philanthropist donates half of his wealth to charity through his foundation; Bill and Melinda Gates Foundation.
Howbeit, Gates is not the only billionaire who has given to charity. Warren Buffett and Mark Zuckerberg have also signed a commitment to donate half of their entire wealth to charity.