Society

Bill Gates' Net Worth Hits Record $90 Billion

| by Kathryn Schroeder

Bill Gates is now worth $90 billion.

After gains in some of Gates’ public holdings, including Canadian National Railway Company and Ecolab Inc., the Microsoft Corp. co-founder’s net worth climbed to $90 billion on Aug. 22, according to Bloomberg Technology.

Gates, who is the richest person in the world, now has a fortune that is $13.5 billion bigger than the second-wealthiest person, Spanish retail mogul Amancio Ortega.

In terms of U.S. GDP, Gates’ net worth is equal to 0.5 percent.

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Aside from being the richest person in the world, Gates and his wife Melinda are the second-biggest givers, according to Forbes.

In 2014, they donated $1.3 billion. Over a lifetime, they have given $31.5 billion to philanthropic pursuits, or 41 percent of their net worth.

Sources: Bloomberg Technology, Forbes / Photo Credit: Ben Fisher/GAVI Alliance via Flickr

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