Bill Gates has dropped out of the top 10 richest people in the world. Bill Gates is now 12th on the Bloomberg Billionaires Index. Bill Gates' net worth is $124 billion. In addition, Bill Gates is far below his former assistant and former Microsoft CEO Steve Ballmer. The reason for this is that Bill Gates' net worth has fallen by 30% in a week.
The main reason for the $52 billion drop in his net worth is his charitable donations. His net worth has dropped from $175 billion to $124 billion in one go. According to the Gates Foundation website, Bill Gates and his ex-wife Melinda Gates donated a total of $60 billion last year. Gates has also reportedly said he plans to give away more than $200 billion to his philanthropic endeavors by 2045.
Interestingly, former Microsoft CEO Steve Ballmer is now richer than Microsoft founder Bill Gates. Ballmer's current net worth is $172 billion. Elon Musk is in first place. Mark Zuckerberg is close behind with $253 billion, Larry Ellison with $248 billion, and Jeff Bezos with $244 billion.