William H. Gates, founder and chairman of Microsoft Corporation, has become the world’s richest man, again. The billionaire philanthropist achieved his new status as a result of an increase of $15.8 billion in his fortune in 2013, according to Bloomberg’s Billionaire Index.
Microsoft’s shares soared by 40 percent in the previous year, which earned Gates substantial earnings. He took over as world’s richest man from Carlos Slim, Mexican investor and owner of American Movil SAB, who lost $1.4 billion in the said year due to a law introduced by the Mexican parliament to check the billionaire’s economic dominance. American Movil SAB lost 12 percent market shares in the first quarter of 2013.
Nigeria’s business magnate and industrialist, Alhaji Aliko Dangote, also, made positive strides in 2013 due to gains and expansions in his business empire that saw him netting $9.2 billion in 2013.
The billionaire who is also recording a growth of a different kind on Twitter is currently the 30th richest man in the world.
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This article was first published on 3rd January 2014
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William H. Gates, founder and chairman of Microsoft Corporation, has become the world’s richest man, again. The billionaire philanthropist achieved his new status as a result of an increase of $15.8 billion in his fortune in 2013, according to Bloomberg’s Billionaire Index.
Microsoft’s shares soared by 40 percent in the previous year, which earned Gates substantial earnings. He took over as world’s richest man from Carlos Slim, Mexican investor and owner of American Movil SAB, who lost $1.4 billion in the said year due to a law introduced by the Mexican parliament to check the billionaire’s economic dominance. American Movil SAB lost 12 percent market shares in the first quarter of 2013.
Nigeria’s business magnate and industrialist, Alhaji Aliko Dangote, also, made positive strides in 2013 due to gains and expansions in his business empire that saw him netting $9.2 billion in 2013. The billionaire who is also recording a growth of a different kind on Twitter is currently the 30th richest man in the world.
Bill Gates stopped working full-time at Microsoft in 2008 and stepped down as chairman in 2014. Over the course of nearly two decades, Gates has shifted his focus from personal computers to philanthropy. Yet despite easing his workload at Microsoft and his dedication to giving away money, Bill Gates is once again the world’s richest person.
2016 For the third year in a row, Bill Gates was named the richest man in the world by Forbes ‘ 2016 list of the world’s billionaires.