Forbes reports that Bill Gates is back to being the richest man in the world.
Bill Gates was the richest from 1995-2007
The Wall Street Journal had reported that there was tension surrounding the 2000 transition of authority from Bill Gates to Ballmer. Things became so bitter that, on one occasion, Gates stormed out of a meeting in a huff after a shouting match in which Ballmer jumped to the defense of several colleagues, according to an individual present at the time. After the exchange, Ballmer seemed “remorseful”, the person said. Once Gates leaves, “I’m not going to need him for anything. That’s the principle,” Ballmer said. “Use him, yes, need him, no.
Steve Ballmer was CEO of Microsoft from Jan 2000- Feb 2014. Ballmer announced his retirement in 2013, after losing billions of dollars in acquisitions and on the Surface tablet.
Forbes reports Bill Gates as being worth $76 billion.
Carlos Slim is worth $72 billion.
Microsoft stock is up 20% since the retirement of Ballmer was announced in August 2013.
If Bill Gates had not made the donation he would be worth over $104 billion. Bill Gates could have invested the $28 billion in conservative assets and easily generated about 8% returns.
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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