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What Percentage Of Microsoft Does Bill Gates Own ?
Being in the public spotlight for more than 25 years, Bill Gates is considered to be one of the lead developers of the personal computer. Gate’s rise to financial success began in the mid 1980’s. His meteoric rise came when Microsoft became a publicly traded company in 1986. |
He held 45 percent of the company’s shares which boosted his personal fortune overnight to $315 million. With the release of Windows 3.0 operating system, his fortune had grown to $2.5 billion. For the rest of the decade as Microsoft’s stock price increased with the release of successful products like Windows 95 and 98, Gate’s fortune rose proportionately.
For 13 years in a row, Bill Gates was known to be the richest man in the world. His rising fortune was considered to be an indicator of how well the economy and the technology stocks were doing.
As of 2008, Bill Gates is no longer the wealthiest man in the world. Holding some 780 million shares of Microsoft -- roughly 15 percent of the firm, gives Bill Gate a valuation of around $60 billion dollars, depending on the firm’s closing stock price. He is closely trailed by the likes of Larry Ellison and Warren Buffet. Gates is widely considered to be one of the world’s wealthiest men, although the honor now goes to investor Warren Buffet, with a fortune of $62 billion.
Gates officially retired from the day-to-day operations of Microsoft in June, 2008, but remains on the board. He spends more time with his charitable foundation, the Bill and Melinda Gates Foundation.
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