Bill Gates is once again the richest person in the world

By on May 17, 2013, 10:00 AM
microsoft, bill gates, carlos slim, bill and melinda gates foundation

Bill Gates is once again the richest man in the world thanks to the recent success of the company he helped create. The 57-year-old Microsoft co-founder surpassed Mexican investor Carlos Slim yesterday to reclaim the title according to the Blooomberg Billionaires Index as stock value in Microsoft hit a five-year high twice this week.

Microsoft is riding a wave of success that has seen shares climb 28 percent so far this year. Gates owns a substantial amount of stock in Microsoft which as of yesterday, put his net worth at $72.7 billion – an increase of 15 percent year to date. Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation, a charity that he runs with fellow billionaire Warren Buffett.

Interestingly enough, however, less than 25 percent of his total fortune is held in shares of Microsoft. As of late April, the NASQAD revealed Gates held more than 400 million shares in the company.

It’s the first time Gates has been the wealthiest man on the planet since 2007 when he lost the title to Slim. The 73-year-old investor has watched share value in America Movil – the largest wireless provider in the Americas - slide 14 percent thus far this year. Mexico’s Congress recently passed a law designed to regulate the telecom industry which could force Slim to either break up the company or charge lower rates for service.




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6 people like this |
Staff
Rick Rick, TechSpot Staff, said:

... aaaand finally there's order in the Universe once more.

Guest said:

Did the oil sheik die ?

3DCGMODELER 3DCGMODELER said:

Congrats bill..

7 people like this |
Staff
Jos Jos said:

Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation

That's amazing... he can't get rid of his money fast enough.

2 people like this | MilwaukeeMike said:

Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation

That's amazing... he can't get rid of his money fast enough.

Yeah, if there's one guy who has proven he can put a fortune to good use it's Bill Gates.

spencer spencer said:

Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation

That's amazing... he can't get rid of his money fast enough.

Yeah, if there's one guy who has proven he can put a fortune to good use it's Bill Gates.

Maybe if "good use" in your mind is using a lot of his funds for paralyzing kids in the third world(bill and melinda gates foundation) by now over 50k successfully paralyzed and protecting monsanto so he can poison the worlds food supply;meanwhile he won't even take a bite of the stuff they create. So if you a very evil person then yes;he is putting his fortune to very good use. Don't believe me; LOOK IT UP p.s.use your own discretion not cnns not msnbcs not fox or any other globalist fronts discretion

Ravik Ravik said:

Forget what Bill Gates does with his money--what have you done with your money to help others in need? Generosity isn't achieved vicariously...

Just saying.

Guest said:

Here's a video on Bill Gates on YouTube that's pretty interesting. If you can add two numbers together you can see that there's more going on than meets the eye. What's the real purpose behind all of these vaccinations?

[video embed]

PinothyJ said:

Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation

That's amazing... he can't get rid of his money fast enough.

Yeah, if there's one guy who has proven he can put a fortune to good use it's Bill Gates.

Maybe if "good use" in your mind is using a lot of his funds for paralyzing kids in the third world(bill and melinda gates foundation) by now over 50k successfully paralyzed and protecting monsanto so he can poison the worlds food supply;meanwhile he won't even take a bite of the stuff they create. So if you a very evil person then yes;he is putting his fortune to very good use. Don't believe me; LOOK IT UP p.s.use your own discretion not cnns not msnbcs not fox or any other globalist fronts discretion

What about the six million lives he saved?

hahahanoobs hahahanoobs said:

Spencer, is that you?

[link]

2 people like this | LinkedKube LinkedKube, TechSpot Project Baby, said:

Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation

That's amazing... he can't get rid of his money fast enough.

Yeah, if there's one guy who has proven he can put a fortune to good use it's Bill Gates.

Maybe if "good use" in your mind is using a lot of his funds for paralyzing kids in the third world(bill and melinda gates foundation) by now over 50k successfully paralyzed and protecting monsanto so he can poison the worlds food supply;meanwhile he won't even take a bite of the stuff they create. So if you a very evil person then yes;he is putting his fortune to very good use. Don't believe me; LOOK IT UP p.s.use your own discretion not cnns not msnbcs not fox or any other globalist fronts discretion

I'll reserve my extended comment until you post what you've donated to help the world, oh wait.

tipstir tipstir, TS Ambassador, said:

I should have invested with him back in the day before what they have today!

1 person liked this | VitalyT VitalyT said:

I could only suggest to Bill that he spends a small part of his fortune to create incentive for other world's richest to do as he does. For example, Bill should be ashamed to even stand next to Carlos Slim as he did before, because Carlos Slim while next richest to Bill, also the world's greediest, who sucks out of people all over the world and gives nothing back. Slim was listed the world's richest for the longest, while donating measly 3bl. to charity, that's nothing short of telling the world to f.off, especially considering that he got it all out of a developing country, with 17% below poverty. Somebody needs to teach a lesson to such people.

1 person liked this | likedamaster said:

Him & his wife are the biggest charity givers in the world. Not a surprise. What you sow, that you will reap.

1 person liked this | VitalyT VitalyT said:

Him & his wife are the biggest charity givers in the world. Not a surprise. What you sow, that you will reap.

That's a known fact. But the saying is "You reap what you sow" Though I don't see relevance either way in this case. These people give after they were given, while the saying is for people who get rewarded after they have given much to others, and not the other way round. It's like saying - give me a billion dollars, and I will be happy to spend the rest of my life as a philanthropist - it is the right thing to do, hands down, just not any near as noble as giving while you have almost nothing for yourself. To put it differently, the saying implies that one should give to others more than he leaves for himself, that which defines the act of true generosity.

amstech amstech, TechSpot Enthusiast, said:

I've always wanted to write him a letter requesting 40k so I can go upgrade my summer car from my 95 Z28 to a 2014 Mustang GT.

likedamaster said:

That's a known fact. But the saying is "You reap what you sow" Though I don't see relevance either way in this case. These people give after they were given, while the saying is for people who get rewarded after they have given much to others, and not the other way round. It's like saying - give me a billion dollars, and I will be happy to spend the rest of my life as a philanthropist - it is the right thing to do, hands down, just not any near as noble as giving while you have almost nothing for yourself. To put it differently, the saying implies that one should give to others more than he leaves for himself, that which defines the act of true generosity.

You're arguing semantics. Jobs was also a billionaire, didn't give the smallest fraction of what the Gates gave. Besides, I was quoting actual scripture(original source). Thanks for weighing in though.

Edit: He reached rank again. He's reaping much more wealth & status. On the contrary, my point is quite relevant.

VitalyT VitalyT said:

I've always wanted to write him a letter requesting 40k so I can go upgrade my summer car from my 95 Z28 to a 2014 Mustang GT.

It is never too late. Just ask for one painted green, so people may think of you as a true supporter of environment, never mind its 309 gram of CO2.

63Jax said:

Go Billy!!!

VitalyT VitalyT said:

You're arguing semantics. Jobs was also a billionaire, didn't give the smallest fraction of what the Gates gave. Besides, I was quoting actual scripture(original source). Thanks for weighing in though.

Steve Jobs was an inventor 100 times worth that of Bill Gates, that which in itself buys him much forgiveness, and the word was that he was joining the charity camp, just didn't make it because of his health, so I wouldn't use him for a comparison.

lipe123 said:

You're arguing semantics. Jobs was also a billionaire, didn't give the smallest fraction of what the Gates gave. Besides, I was quoting actual scripture(original source). Thanks for weighing in though.

Steve Jobs was an inventor 100 times worth that of Bill Gates, that which in itself buys him much forgiveness, and the word was that he was joining the charity camp, just didn't make it because of his health, so I wouldn't use him for a comparison.

I'm sorry what?

http://9gag.com/gag/5195630

https://www.youtube.com/watch?v=wFeC25BM9E0

Also a lot of jealousy and hate in this thread, I say good on Bill. He made lots of money in a moderately decent way without taking advantage of people etc and hes using it for more than gold plated cars and crap like some other rich folk.

HumbleDav HumbleDav said:

New technology is the way to be rich.....

spencer spencer said:

Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation

That's amazing... he can't get rid of his money fast enough.

Yeah, if there's one guy who has proven he can put a fortune to good use it's Bill Gates.

Maybe if "good use" in your mind is using a lot of his funds for paralyzing kids in the third world(bill and melinda gates foundation) by now over 50k successfully paralyzed and protecting monsanto so he can poison the worlds food supply;meanwhile he won't even take a bite of the stuff they create. So if you a very evil person then yes;he is putting his fortune to very good use. Don't believe me; LOOK IT UP p.s.use your own discretion not cnns not msnbcs not fox or any other globalist fronts discretion

I'll reserve my extended comment until you post what you've donated to help the world, oh wait.

As I am a Christan I will not boast about such things, I believe it's not how much you give but how much you will give up so others can prosper or in other words bill gates has billions of dollars so 28million to splice dna and kill kids is pennies to him. But for me I get like 2 grand a year (cause I'm still a kid) so for me to donate just 1$ is like bill gates giving up a 100 million dollars. But this has made me thought, we all need to do more to help the world instead of just being selfish. Irony, idolizing people that want you dead lol

Cycloid Torus Cycloid Torus said:

Consider Carnegie. True philanthropy changes the world. Thanks, Mr. Bill!

spencer spencer said:

Spencer, is that you?

[link]

no I live in the physical realm, It made me laugh though and my name isn't kevin.

2 people like this | MilwaukeeMike said:

no I live in the physical realm, It made me laugh though and my name isn't kevin.

Your avatar pretty much sums you up I think...'You are here to wake us up, huh?' You know what's real and no one else does?

You know what it means when you think you're smart and everyone else is crazy?

You remind me of my aunt, who is convinced mammograms cause breast cancer because women with breast cancer all have gotten mammograms.

Misagt said:

I've heard and read much of the stuff on the Vaccines, I can see some reason to be a bit concerned as I don't believe vaccines are the be all cure. What his motives may be it's hard to argue against a guy who's given away such a large amount of money frankly you give that much away it wouldn't be a surprised if some of it was used with negative out come. Regardless, good on ya Bill you've done very well for yourself I hope you continue be successful and use it to help your fellow man.

spectrenad said:

He's not only giving money to the poor, he's also investing TIME. People may say that he's rich and all, and that giving a billion is nothing for him, but his time is as precious as anyone else time.

amstech amstech, TechSpot Enthusiast, said:

Steve Jobs was an inventor 100 times worth that of Bill Gates, .

Sorry bro but this is the worst, most inaccurate statement I have read all week.

VitalyT VitalyT said:

Sorry bro but this is the worst, most inaccurate statement I have read all week.

If you consider the fact the Steve was an inventor, and Bill Gates not at all, then you can multiply that fact as many times as you want, I mean 0 x 100 = 0

cliffordcooley cliffordcooley, TechSpot Paladin, said:

That's amazing... he can't get rid of his money fast enough.

I hope that was sarcasm. This only proves he never once felt threatened, or he never would have contributed to charity. To me that betrays the very definition of charity. Look at all you bowing at his feet, he has this money for only one reason, he took it from you and I. We were the id_ots that made him rich, and no I'm not delusional in thinking he can't give it back.

As I am a Christan I will not boast about such things, I believe it's not how much you give but how much you will give up so others can prosper
And as a Christian(that is if I actually thought I was one), I believe it's about how little one needs to meet their goal.

spencer spencer said:

Ill quote the bible I quote Coranthians 13:4 Charity suffers long, and is kind; charity envies not; charity braggs not itself, is not puffed up.

Zeromus said:

... aaaand finally there's order in the Universe once more.

I liked your comment. I'm just telling you because I agree.

LinkedKube LinkedKube, TechSpot Project Baby, said:

This isnt Christian Mingle. Unless your bible is made out of silicon and rubber grommets, cut out all the Holy Bible chatter.

cliffordcooley cliffordcooley, TechSpot Paladin, said:

This isnt Christian Mingle. Unless your bible is made out of silicon and rubber grommets, cut out all the Holy Bible chatter.
I had all ready dropped it, but thank you for speaking out. After all I do agree that Christian topics as well as porn have no place on a tech forum. Unless of course you want to talk about how sophisticatedly technical, alters and dildos are getting. Maybe Bill Gates can contribute to one of those causes and give us the opportunity to start a conversation technically.

Guest said:

Prepare your ***** México, Slim wants that place back.

andrewyoung andrewyoung said:

Say what you want him and his wife do a lot of charity work and donate a tone of $$ so good for him.

Guest said:

Made my day ^^ Donated money is donated money.

DanUK DanUK said:

Keep in mind that Gates has already donated some $28 billion of his fortune to the Bill & Melinda Gates Foundation

That's amazing... he can't get rid of his money fast enough.

Yeah, if there's one guy who has proven he can put a fortune to good use it's Bill Gates.

Maybe if "good use" in your mind is using a lot of his funds for paralyzing kids in the third world(bill and melinda gates foundation) by now over 50k successfully paralyzed and protecting monsanto so he can poison the worlds food supply;meanwhile he won't even take a bite of the stuff they create. So if you a very evil person then yes;he is putting his fortune to very good use. Don't believe me; LOOK IT UP p.s.use your own discretion not cnns not msnbcs not fox or any other globalist fronts discretion

I'll reserve my extended comment until you post what you've donated to help the world, oh wait.

As I am a Christan I will not boast about such things, I believe it's not how much you give but how much you will give up so others can prosper or in other words bill gates has billions of dollars so 28million to splice dna and kill kids is pennies to him. But for me I get like 2 grand a year (cause I'm still a kid) so for me to donate just 1$ is like bill gates giving up a 100 million dollars. But this has made me thought, we all need to do more to help the world instead of just being selfish. Irony, idolizing people that want you dead lol

Are you high? Cause you're chatting total nonsense. If you think that he is a generally evil man who relishes in killing children then you need to wake up.

jonelsorel said:

Back to richest man thanks to Microsoft? How about thanks to all off-IT ventures mr Gates has lately? It pays to be pharma-biotech industry's PR boy, you know (vaccine trumpeting, Monsanto, etc) ?

[link]

jonelsorel said:

Consider Carnegie. True philanthropy changes the world. Thanks, Mr. Bill!

Philantropy?

Guy is trumpeting geoengineering I.e. chemtrails (containing sulphur, aluminum, barium) as saving us from global warming! Are you mad?

Guest said:

They had too many kids and the wealth split too many times.

Amy Smith said:

Congrats Gates....keep going:)

cliffordcooley cliffordcooley, TechSpot Paladin, said:

Congrats Gates....keep going

Thats right Bill, keep going till no one but yourself has anything to spend. There is no wonder Bill donates to charity, after all some money has to stay in circulation.

My God people, quit giving praise to people that continue to raise the pedestal in which they stand above the rest. The higher their pedestal raises, the lower your pedestal sinks.

DanUK DanUK said:

Thats right Bill, keep going till no one but yourself has anything to spend. There is no wonder Bill donates to charity, after all some money has to stay in circulation.

My God people, quit giving praise to people that continue to raise the pedestal in which they stand above the rest. The higher their pedestal raises, the lower your pedestal sinks.

...except he plans to eventually donate 95% of his weath to charity. So the more he gets now..

Cycloid Torus Cycloid Torus said:

Philantropy?

Guy is trumpeting geoengineering I.e. chemtrails (containing sulphur, aluminum, barium) as saving us from global warming! Are you mad?

http://www.ted.com/talks/bill_gates.html

Not sure I would call it "trumpeting". I think he is saying something more like 'amputation is better than death'. As for philanthropy, I was thinking more of his many other contributions - which total almost 50% of his net worth.

Chem in the sky stinks...but part of the global warming problem can be traced to the cleanup of particulate matter (our EPA success!!). I think I like a bit more warm and clean air.

Some of Bill Gates best results may come from Sapphire Energy ( http://www.sapphireenergy.com/ ). Current tech seems to be producing about 9000 gallons of biofuel per acre, so 1.4% of the USA land area can totally replace fossil fuels. The benefit is the carbon capture which takes place by having a nice piece of biomass in pre-harvest state and in the weening from fossil fuels. If you are concerned about water use for this, consider capabilities of OriginOil appliance for re-cycling water.

So, hats off to Bill in my book.

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