Bill Gates has given so much money that $ 51 billion that has just been slipped up with its net value – now its old and Microsoft’s successor, Steve Ballmer, is richer than it is

On July 3 of last week, Gates was held on a fortune of $ 175 billion, ranked as the fifth richest in life in the billionaire Bloomberg index. But its wealth fell during the next two days while $ 51 billion was drained with its net value, pulling it on the list in 12th place just below the Pioneer of Michael Dell technology.

The richness of Gates disappeared so quickly while the index has readjusted for the philanthropic efforts of the 69 -year -old technology magnate. Bloomberg noted that the appreciation rates had been reduced last week to “better reflect the carrying donations of the doors and the estimation of the wealth”, on the basis of a blog article of the 8th CEO of Microsoft. The note revealed that Gates would give his vast fortune to charities much faster than expected; Over the next 20 years, he gave almost all his wealth to the Gates Foundation which he had led with the ex-wife Melinda French Gates, who will close by the end of 2045.

“People will say a lot about me when I died, but I am determined that” he died rich “will not be one of them,” wrote Gates. “There are too many urgent problems to solve so that I can keep resources that could be used to help people.”

Gates has been determined to reduce his wealth for the greater good for years, even saying that his children would inherit “less than 1%” of his fortune. And now its objective is reflected in its net value. His charity has even paved the way for his old n ° 2 of Microsoft days, Steve Ballmer, to take his place in fifth with $ 172 billion in his name – and this is not the first time that has happened.

Fortune Has hand at Gates to comment.

Who is Steve Ballmer – and why is it richer than the doors?

Most employees never expect to earn more than their bosses. But Ballmer set foot in the door at a lucky time, and for decades, money has percolated in his bank account.

Microsoft was at its beginnings when Ballmer joined as an assistant of the president in 1980 – he was the 30th employee to join the growing technology company and actually worked as a business manager. He had abandoned the Stanford MBA program to take the job, and he was given a basic salary of $ 50,000 as well as 10% of all the profits he has generated in the company. Ballmer did not obtain a single share at the time, but the 10% reduction proved to be extremely lucrative.

But soon, the company increased so quickly that the party was not achievable financially, therefore in the renegotiations, Ballmer exchanged its intelligence agreement on an 8% participation in the company. The co -founder of the Paul Allen company was not delighted with the compromise, arguing that he was still too important to Ballmer. But Gates put his own money into play to meet the demand for Ballmer – and the rest belongs to history.

The former Gates assistant finally accelerated the ranks and took the role of his boss, as CEO of the company from 2000 to 2014. He held 333 million shares in Microsoft, a 4% participation of a value of $ 22.5 billion, when he resigned as general manager. Today, the majority of the 69 -year -old investment portfolio is still wrapped in the actions of the company, but it attributes its vast wealth to be in the right place, at the right time and not to take too early.

“If there is someone who will tell you all their success because they were a genius, I would say that they should go and seek luck,” he told Wall Street Journal Last year. “Forget the course of the action. I was lucky, essentially, listening to the right people. But I was also lucky in terms of loyalty to the company and not to want to be a seller as a business leader. ”

Ballmer has since ventured in other arenas outside of technology. The baby boomer bought the Los Angeles clippers for $ 2 billion the same year that he retired from Microsoft, and the team is now estimated at $ 5.5 billion.

According to the traces of Gates, he also has a weakness for charity; So far, he has donated more than $ 4 billion in his fortune and has founded the philanthropic Ballmer Group organization focused on improving economic mobility for families in the United States.