Friday, December 31, 2010

" Creating Wealth "

  Bill Gates Investments

2010: Bill Gates is No.1 with $54 billion, For the 17th year in a row, Bill Gates has been named as the richest person in world. He is having diversify investment in Stocks, Bonds, Investment company etc, Its almost like a mutual fund. The Microsoft Corp. founder’s wealth was estimated at $54 billion, up from $40 billion in 2009. The collective net worth of the 400 billionaires rose by 8% this year, to $1.37 trillion. Wealth rose for 217 members of the list, while 85 saw a decline. With a fortune estimated at $45 billion Warren Buffett, remained No. 2 on the list. On Forbes’ list of the 400 richest Americans, Software tycoon Larry Ellison was in third place and Wal-Mart heir Christy Walton was fourth.

2009:Despite losing $18 billion
in the past year, Microsoft Corp. co-founder Bill Gates reclaimed the title of richest man in the world, with a total net worth of $40 billion for 2009.

Warren Buffett is No. 2, with $37 billion.

Second Half 2008:$57 Billion, Microsoft founder is back in business, After market meltdown, He is world richest man  again, estimated wealth valued at $57 Billion, Billionaires like Warren Buffet wealth is currently valued at $50 Billion, Six month ago Warren Buffet net worth was over $62 Billion. Berkshire Hathway have fallen 15% since  Feb, Buffet no longer the World's richest man. Its easy to get best affiliate program to generate high payout than maintaining No.1 position even for a year.

First Half 2008:$58 Billion: Harvard dropout and Microsoft visionary no longer the world's richest man.Blame Yahoo, Microsoft shares have fallen 15% since the company boldly attempted to merge with the  search engine giant to better fight Google for Internet dominance. Gates is preparing to give up  day-to-day involvement in the company he cofounded 33 years ago to spend more time focused on his  philanthropic endeavors.

 Bill & Melinda Gates Foundation has $38.7 billion in assets, donates to causes  aimed at bringing financial tools to the poor, speeding up the development of vaccines (for AIDS, malaria,  tuberculosis), bettering America's lagging high schools. Sells 20 million Microsoft shares every quarter,  proceeds going to private investment vehicle Cascade; more than half of net worth now outside of  Microsoft. Company spent $6 billion to land Web ad firm Aquantive last May. Would-be rival to Apple's  iPod, the Zune, not yet a hit. Believes Microsoft's far-flung bets, including 10-year affair with internet  based television, may soon pay off; says next 10 years will be the "most interesting" in software  history.

  

2007 NW : 59 Billion Dollars

After numerous delays, Microsoft visionary released latest operating system, Vista, in January. Last June announced his retirement from company he cofounded 31 years ago. The Harvard dropout who promised "a computer on every desk and in every home" now focusing time and talents on tackling diseases (hepatitis B, AIDS, malaria) in Africa, boosting America's lackluster high school graduation rate and helping women abroad start small businesses. This summer bridge buddy Warren Buffett pledged majority of his Berkshire Hathaway stock to Bill & Melinda Gates Foundation over the next 20 years, potentially doubling foundation's endowment. Looks like he is tired of being world's richest man again & again.
Source: Forbes

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