Saturday, October 9, 2010

Bill Gates Net Worth

Bill Gates Net Worth

How Much Does Bill Gates Make?

Bill Gates is an American business magnate, philanthropist, author and chairman of Microsoft, the software company he founded with Paul Allen. He is consistently ranked among the world's wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder with more than 8 percent of the common stock. He has also authored or co-authored several books.

Forbes has Estimated his Net Worth US $ 54 Billion in 2010 making him world’s second richest person.

His Annual Salary from Microsoft Corporation is around US $ 600,000. Along with remunerations, his annual salary is US $ 1 Million.

Gates was born in Seattle, Washington, to William H. Gates, Sr. and Mary Maxwell Gates of English, German, and Scottish-Irish descent. His family was upper middle class; his father was a prominent lawyer, his mother served on the board of directors for First Interstate BancSystem and the United Way, and her father, J. W. Maxwell, was a national bank president. Gates has one elder sister, Kristi (Kristianne), and one younger sister, Libby. He was the fourth of his name in his family, but was known as William Gates III or "Trey" because his father had dropped his own "III" suffix

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