Forbes: Bill Gates is the world's most generous person

By on March 4, 2013, 6:00 PM

Microsoft co-founder Bill Gates may not be the wealthiest person in the world but he’s earned a title that may be even more valuable: world’s most generous person. Forbes’ released their ranking of the world’s richest people earlier today where Gates finished second overall, trailing Mexican billionaire Carlos Slim Helu by roughly $6 billion.

Gates has consistently ranked among the wealthiest people in the world. With the exception of 2008 where he placed third, he was considered the richest person on the planet from 1995 through 2009. In 2013, the 57-year-old has a net worth of $67 billion – an increase of about $6 billion from a year ago.

The newfound cash didn’t come from Microsoft but other financial holdings and private investments like hygiene tech firm Ecolab, Mexican TV broadcaster Televisa and Latin America’s largest beverage company.

Gates earned the title of most generous person for his work with the Bill & Melinda Gates Foundation where he has already given more than $28 billion. His ultimately goal with the project is to do away with deadly diseases like malaria and polio.

Aside from his work with the foundation, Gates has been trying to convince other billionaires to sign the Giving Pledge. Those who sign agree to donate the majority of their wealth to philanthropic causes when they die. Along with friend Warren Buffett, the two have recently added 12 non-Americans to the list including the UK’s Richard Branson and Azim Premji from India.




User Comments: 38

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Guest said:

Wow... he changed

1 person liked this | Guest said:

And how much did Steve Jobs donate?

Probably none since he was willing to bankrupt the company and shill all their investors (while he would still be sitting pretty with the assets he had) to put portable communications devices 10yrs back because he was a selfish un-hygenic sociopath.

cliffordcooley cliffordcooley, TechSpot Paladin, said:

And how much did Steve Jobs donate?

Probably none since he was willing to bankrupt the company and shill all their investors (while he would still be sitting pretty with the assets he had) to put portable communications devices 10yrs back because he was a selfish un-hygenic sociopath.

Ever hear the term takes one to know one? In all honesty, I don't know if he was one or not.

1 person liked this | spencer spencer said:

For funding Monsanto and poisoning us with his gmos? This guy is evil he is a eugenicist.

and still a sociopath. Wake UP!

Guest said:

I agree! And how much ironic is to label a person as the most generous while he added 6 billions dollars in his income in just one year?

TS-56336 TS-56336 said:

Well, the Gates Foundation has given away $28 billion dollars. Most of that came from him. His current worth is $67 billion. That's a fair chunk of change in percentage terms.

I'm not sure that anyone has every given away so much money while he was alive and in the prime of his life. If you look at other rich tycoon/philanthropists (for example, Andrew Carnegie), their philanthropy generally came in their declining years or as part of their estates.

Ronald Yates Ronald Yates said:

I agree! And how much ironic is to label a person as the most generous while he added 6 billions dollars in his income in just one year?

While still adding 6 billion dollars to his net worth (separate from income) it still means he has given more then anyone else, so even if he still gets money added to his net worth, doesn't mean he isn't generous.. he's still giving more than other people in that "1%" range and his money has helped a lot and done wonders..

1 person liked this | Nima304 said:

I agree! And how much ironic is to label a person as the most generous while he added 6 billions dollars in his income in just one year?

And what number of people do you know that have donated $28 billion to charity? You can't blame him for making more money, and it's certainly not ironic at all. At least he does a lot of good with his fortunes, instead of letting his bank account build up or spending it all on himself.

Camikazi said:

I agree! And how much ironic is to label a person as the most generous while he added 6 billions dollars in his income in just one year?

So in order to be the most generous person you have to give away more money than you have or something? Everyone who donates tends to have jobs and will usually end up having positive income, it's just that the total amount that Bill Gates has given is way beyond what anyone else has (although I think he is going negative overall).

1 person liked this | cliffordcooley cliffordcooley, TechSpot Paladin, said:

I agree! And how much ironic is to label a person as the most generous while he added 6 billions dollars in his income in just one year?
So in other words, you don't care if they are labeled generous or not, seeing as they still gained 6 billion in one year. Thats mighty selfish of you. With your mindset, Bill should have just kept his money and said screw everyone else. And to make matters even better, I wonder which organization you would donate to if afterward you still had a gain of 6 billion. Would you consider it generosity if you donated only $100 of your 6billion?

With that said I think I see where you are coming from. Generosity from someone who is not in need has a different definition than when the donation comes from someone that does have need in what is given. Therefor generosity should be a measurement by how much the donation was needed before donating.

lawfer, TechSpot Paladin, said:

Wow... he changed

This is amusing. You assume you've known him all along...

Go look for the most hardcore Apple fan you know and ask him/her what did Steve Jobs actually do to deserve the acclaim he's gotten. They probably won't be able to answer without mentioning the words "iPhone" or "iPod."

That's because they can't help but see the man that owns the company behind a successful product. It is almost as if Jobs was accredited with inventing the touch screen. They even call him a genius.

(Dare ask of what, and be prepared for them to show you the 2007 iPhone unveiling.)

My point is this applies to Bill too. We all know he founded Microsoft and yada yada yada, but we have no idea who he or Steve are as people; which happens to be the aspect Forbes is recognizing with Bill.

People think they know, but they really don't.

Guest said:

@ spencer, it's very sad to see that Alex Jones and the rest of the lunatics still have a hold on people. I was once like you too, believing all that madness, but I actually woke up. You need to wake up too, get away from Alex Jones and whatever conspiracy sites you're into, there is literally nothing there, it's all BS. You CAN come back from it, it's not too late.

Gates is a wonderful person and it's a shame that the lunatic fringe is still going after him like that.

1 person liked this | misor misor said:

Lol, in the bible, the widow's meager donation is considered bigger than the larger donation of the rich man.

so, imho, it all boils down to a generous heart.

you can give a small change or a large chunk of your fortune but if the heart is not willing, then it's almost meaningless.

some rich people donate in exchange for tax breaks.

others donate because they are able.

Guest said:

Bill gates should be generous and build me the best amd rig I can put together

cliffordcooley cliffordcooley, TechSpot Paladin, said:

Bill gates should be generous and build me the best amd rig I can put together

You really screwed that up! You may have actually gotten a new build, until you specified you wouldn't be happy with Intel. :/

dennis777 dennis777 said:

A gift is a gift... enough said

Guest said:

Note to Bill: You CAN'T buy your way into Heaven. Just ask Steve Jobs....

misor misor said:

Note to Bill: You CAN'T buy your way into Heaven. Just ask Steve Jobs....

"go back, nephalem".

who says heaven is real?

who says steve job is/isn't there?

Guest said:

Wow - that's some serious $$$- you can never knock a man for giving...he's not to rich to remember the poor that's priceless & if the rich people in the world had Bills mentality - world poverty could decrease.

cliffordcooley cliffordcooley, TechSpot Paladin, said:

Note to Bill: You CAN'T buy your way into Heaven. Just ask Steve Jobs....
Just exactly how would you know? Even if it is true, you have no way of knowing, so why post such non-sense?

Jay Pfoutz Jay Pfoutz, Malware Helper, said:

Being the world's most generous person might sound good, but there are way more ways to be generous than just giving money. Money is not everything, you know. I'm not just saying that because I lack the funds to give money (I give money all the time), however, I don't suggest that money is the main part about being generous. It comes from the heart.

Forbes is a money-talk business magazine/site, therefore, no question they will say silly titles like "world's most generous person". It's just power words and subject power.

Guest said:

He should donate some money to Linux Foundation.

Guest said:

Give the guy a break. He got to earn sopmething to keep donating for the charity

Also getting other rich people to sign up is no easy task

misor misor said:

Move over, santa... bill gates is here.

it's good that bill gates is recognized for his philanthropy, especially after the alleged contaminated vaccination program he sponsored.

spencer spencer said:

Lol, in the bible, the widow's meager donation is considered bigger than the larger donation of the rich man.

so, imho, it all boils down to a generous heart.

you can give a small change or a large chunk of your fortune but if the heart is not willing, then it's almost meaningless.

some rich people donate in exchange for tax breaks.

others donate because they are able.

That's true, in his money it's like donating 10$ of mine

spencer spencer said:

This is what his vaccines truly do: *Removed link due to history of spam*~JP

check this out, told you guys. they sterilize you or slowly kill you.

Guest said:

That's true, in his money it's like donating 10$ of mine

If you ever paid for a copy of Windows...he is. :)

Guest said:

Why don't any of the large tech sites with a large readership ever mention the Gates Millennium Scholars program excludes Caucasians? Is it because not including whites falls within the politically correct schema? What if the Millennium Scholars program included everyone except African-Americans?

I understand these groups are considered under-represented, but aren't down-and-out white people just as under-represented simply because they're thrown in with the general, well-represented white population?

Ranger12 Ranger12 said:

Wow, wasn't expecting this article to bring out the crazies but it sure did!

Kudos to gates for giving that much. When you have that much wealth it's not as easy as you think to give away a lot of of it. There are probably thousands of organizations begging for his money and the majority probably for deserve it either because of their incompetence or because they are just looking for a handout. When you're giving away billions you have to make sure you know where all that money is going otherwise you're in effect, wasting it.

1 person liked this | Whltng Whltng said:

OK, Guys & Gals... I have been a programmer since 1971 and wrote the "Game of Life" at the University of Oklahoma in 1975 which is the original algorithm for all simulation games until recently when the old platform was abandoned. I only use those skills for my Architectural Engineering CADD work and placed the algorithm into the Public Domain in 1975 and gave the Adjunct professor that was from LA Tech all of my notes for development. He went on to start EA Sports and SimCity was one of his first programs for commercial sale. I asked for nothing and he put me in his credits at the beginning and I asked to be removed, it was my gift to him for helping me understand how to write code.

Enough of that, because I do not really care about the past when it comes to me, but just wanted to "qualify" myself to ask the next question.

Do any of you know how Microsoft came to be and the TRUE story behind it?

I think if you do some research you will find that Bill Gates has a unique past and that is far as I will take it. And all you Steve Jobs haters can quit with the bullshit about him as if you really look into his past you will see some things that really will surprise you.

We are all humans and make mistakes. And Bill has made his share. That does not mean he hasn't changed or is not a "Good" person. He is just doing what he thinks is right.. That does not mean he is always correct in what he does...

All that being said, I think the biggest mistake he ever made was to "lose" control of Microsoft. This loss has created many professionals such as I, to move away from his platform in our on fields of work and develop our own OS's and CADD systems so they can be used more for what they are intended for.

And for Forbes... They listed the City I live in and will move away from very soon as one of the "Top Cities to Live". They even did the same to Oklahoma City, OK in which they said was one of they less expensive Cities in the USA to live in... Maybe so, but if you have children, forget it as the public schools just do not cut it any more and Private schools are they only option, thus making OKC a joke.... Forbes is a joke when they make claims without doing any research...

Flame me all you want, My family was one of "Oklahoma's first Families" and we go a long, long way back in time in Oklahoma.....

Please do some research and not just on Google or snopes.com as you will never get the right answer. Look in different areas and archives for your answers and you will find outstanding things that will make you go "WOW how did I miss that?"

Follow the correct path and you will see the light... That is all and carry on....

PC nerd PC nerd said:

Gates is an awesome guy.

Guest said:

I don't really see how someone whose net worth is $67 billion, calls himself dedicated to social work/philanthropy, yet is perfectly fine living with all the poverty and hunger and such things.

Consider this: the malaria vaccine costs something like $0.2. Yet, to this day, there are numerous deaths due to this disease. And there are numerous such examples. If you were really a philanthropist, and had that much money, you really would have solved these problems. Heck, you could have done a great deal to solve the problem of world hunger and people dying because they couldn't get enough food to survive (and that's a quite real problem).

So no, I don't think Bill Gates counts as being "generous", let alone "most generous".

You also have to remember that the you get tax cuts for donating to charity. So when Bill Gates is donating money, he loses some, but he isn't losing as much as you'd think.

And about Steve Jobs, it's certainly true that he wasn't a saint in this regard as well - but he didn't pretend to be a philanthropist either.

avoidz avoidz said:

I wish he'd come back to Microsoft, put Steve Ballmer back in his cage, and get Microsoft back on track.

GeforcerFX GeforcerFX said:

I don't really see how someone whose net worth is $67 billion, calls himself dedicated to social work/philanthropy, yet is perfectly fine living with all the poverty and hunger and such things.

Consider this: the malaria vaccine costs something like $0.2. Yet, to this day, there are numerous deaths due to this disease. And there are numerous such examples. If you were really a philanthropist, and had that much money, you really would have solved these problems. Heck, you could have done a great deal to solve the problem of world hunger and people dying because they couldn't get enough food to survive (and that's a quite real problem).

So no, I don't think Bill Gates counts as being "generous", let alone "most generous".

You also have to remember that the you get tax cuts for donating to charity. So when Bill Gates is donating money, he loses some, but he isn't losing as much as you'd think.

And about Steve Jobs, it's certainly true that he wasn't a saint in this regard as well - but he didn't pretend to be a philanthropist either.

1. the problem of world hunger cannot be solved by one man and a few billion dollars, its a fundamental problem with the way we have society set up, and with our populations in some areas.

2. you can only get tax deduction if you can itemize your deductions, someone making that much money cannot do that.

3. Anyone doing anything weather its investing time or money or both to helping others is generous, jut because forbes gave him a stupid title doesn't make him or anyone else not generous.

Guest said:

Yes, that's a very sizeable amount to donate to charity, credit to him for donating that over the years. He made some great choices in life regarding employment, jumping into an unknown new market that has taken the world by storm over the last 30 years or so, that world of computing that eats up so much of our modern day lives.

Not everyone has been so fortunate, for one reason or another, I count myself amongst those who earn less than my nations average wage and in recent times our household's disposable income has plumetted. Winning a lottery jackpot of ~£750,000 would change my family's life radically, which is still a tiny fraction of Gates' worth. At some point monetry value becomes meaningless for everyone, there are only so many family and friends you can help financially with surplus wealth, so why not give the rest to a good cause or two?

Guest said:

While the Gates Foundation does good work abroad, unfortunately much of their domestic initiatives are actually quite political in nature. Especially, with education. The programs and organizations they support are largely anti-union, pro-privatization of public schools. I wish their goal was to try to improve existing schools rather than warping the public education system to their vision.

spencer spencer said:

@ spencer, it's very sad to see that Alex Jones and the rest of the lunatics still have a hold on people. I was once like you too, believing all that madness, but I actually woke up. You need to wake up too, get away from Alex Jones and whatever conspiracy sites you're into, there is literally nothing there, it's all BS. You CAN come back from it, it's not too late.

Gates is a wonderful person and it's a shame that the lunatic fringe is still going after him like that.

gates' father was a eugenisist so he continues his work

I'm sorry I speak for the 180,000,000 million murdered by there own government.

im sorry u are a sheep

I've researched what he says he is right.

who else is a conspiracy theorist?

George orwell?

Thomas jefferson ?

Alex jones didn't wake me up either revelations did as well as sgt.Charles Dyer

it just so happens I found Infowars after being awake for months

do u realize the constitution is infringed upon everyday?

the 2nd,4th,1st

tdstacy1 tdstacy1 said:

Bill has given away 28 billion while Mr. Slim "shady" made his fortune as people all around him make a dollar a day. Gates made several billionaires while running things at MS. Most foreign billionaires got their wealth off the backs of their people and raping the land, e.g.; oil, diamonds, gold, etc..

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