Bill Gates Net Worth, Salary – How rich is Bill Gates?

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Credit: World Economic Forum

Net Worth: $59 billion USD

Name: William Henry “Bill” Gates III

Source: technology, self-made

Born: October 28, 1955. Seattle, Washington, U.S

Children: 3

Bill Gates is the richest American.

How much money does Bill Gates make?

Bill Gates became rich as the founder of Microsoft. His annual salary while CEO, chairman and chief software architect of Microsoft was only about $1 million. Most of his income comes from his shares of Microsoft and other stock.

Gates has several investments outside Microsoft, which in 2006 paid him a salary of $616,667 and $350,000 bonus totalling $966,667.

He became a billionaire when he was 31 years old, making him he youngest self-made billionaire ever.

Business ventures and investments

Gates dropped out of Harvard University in 1975 to build up his company Microsoft.

In 2004 he became a director of Berkshire Hathaway, the investment company lead by Warren Buffett.

Besides Microsoft, Bill Gates also founded:
Corbis – a digital imaging company, in 1989.
bgC3 LLC – a new think-tank company
Cascade Investments LLC – an investment company headquartered in Kirkland, Washington. It is controlled by Gates
TerraPower – a nuclear reactor design company headquartered in Bellevue, Washington

Property

His house and land in Medina, Washington is worth approximately $125 million, and the annual property tax is $991,000.

Posted by Admin   @   14 February 2012 0 comments

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