Bill Gates Exits Top 10: Microsoft co-founder Bill Gates is no longer among the world’s top 10 billionaires. According to the Bloomberg Billionaire Index, Bill Gates has now slipped from the 5th spot to the 12th spot, with a net worth of $124 billion.
Let us tell you that Bill Gates’ wealth has decreased by 52 billion dollars in a week. He is just below Michael Dell. At the same time, India’s Mukesh Ambani and Gautam Adani are still ranked below Bill Gates.
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Bill Gates Exits Top 10: The Main Reason for the Decline?
- Bill Gates donation: The main reason for this is Bill Gates‘ long-standing plan to donate most of his wealth to charity. According to the Gates Foundation website, Bill Gates and his ex-wife, Melinda Gates, have donated a total of $60 billion as of last year.
- The announcement of this major donation supports the Gates Foundation’s ongoing efforts towards global health and education.
What Gates Says On Bill Gates Exits Top 10
Gates says that spending his wealth now will help save and improve many lives, which will have a positive impact even after the foundation closes. However, this announcement also indicates the closure of the Gates Foundation in the year 2045.
Earlier, There was a Plan to Close the Foundation
The foundation was originally planned to close two decades after Gates’ death, but now the deadline has been set for 2045. During its remaining two decades, the foundation will maintain a budget of about $9 billion per year.
The foundation has spent $100 billion since it was formed 25 years ago. So far, 41 per cent of the funds to this foundation have come from Warren Buffett, while the remaining amount has been given by Gates from his earnings from Microsoft.
Gates and Melinda French Gates laid the foundation of this foundation in the year 2000. It has continuously worked for the betterment of global health and education.
Bill Gates falls from Top 10 billionaires list — will he die poor?
— Gulf News (@gulf_news) July 8, 2025
Microsoft founder now ranks below former assistant Steve Ballmer, post-$52B drop in wealthhttps://t.co/zWsVhRW3BH
Bill Gates Wealth
Gates currently owns about 1 per cent of Microsoft and has received more than $60 billion in stock and dividends from the company, Bloomberg reported. Most of his wealth is now managed by Cascade Investments, a holding firm with interests in real estate, energy, and both private and public companies.
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