Bill Gates is the Richest Person in the World Again!
Gareth Andrews / 2 years ago
There are many names these days which we can associate wealth with. They use it for various reasons, such as Mark Zuckerburg donating it to charity. One of the biggest names in the technological world is Bill Gates, one of the founders of Microsoft. Seems like that company is still going strong as Gates is named as the richest person alive.
Gates is recorded to have a net worth, that is the total value of everything he owns, of around $87.4 billion. This was calculated by Wealth-X who provided Business insider with their figures from the start of 2016.
Let’s put that in perspective. Second place went to Amancio Ortega, the founder chairman of Inditex, who has a net wealth of $66.8 billion, $26 billion less than Gates. If you were looking at buying the new Titan X that released in March 2015 at $999, you could buy 28 million of them (with change) from the difference alone.
Mark Zuckerburg appears on the list with a net worth of $42.8 billion, just under half of Gate’s estimated worth.
With the top 50 starting at just $14.3 billion even winning the lottery won’t put you near it. While having so much money, Gates is known to give a lot to charity and support projects like the Hour of Code initiative, so you can be sure that the money is being used to support others as well.