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Richest Man in The World

November 24, 2009 Leave a comment Go to comments

The World’s Billionaires

#1 William Gates III

03.11.09, 06:00 PM EST

Software visionary regains title as the world’s richest man despite losing $18 billion in the past 12 months.


AP Photo/Kevin P. Casey
Net Worth:$40.0 bil
Fortune:self made
Source:Microsoft
Age:53
Country Of Citizenship:United States
Residence:Medina, Washington
Industry:Software
Education:Harvard University, Drop Out,
Marital Status:married, 3 children

Software visionary regains title as the world’s richest man despite losing $18 billion in the past 12 months. Stepped down from day-to-day duties at Microsoft last summer to devote his talents and riches to the Bill & Melinda Gates Foundation. Organization’s assets were $30 billion in January; annual letter lauds endowment manager Michael Larson for limiting last year’s losses to 20%. Gates decided to increase donations in 2009 to $3.8 billion, up 15% from 2008. Dedicated to fighting hunger in developing countries, improving education in America’s high schools and developing vaccines against malaria, tuberculosis and AIDS. Appointed Microsoft Office veteran Jeffrey Raikes chief exec of Gates Foundation in September. Gates remains Microsoft chairman. Sells shares each quarter, redeploys proceeds via investment vehicle Cascade; more than half of fortune invested outside Microsoft. Stock down 45% in past 12 months. “Creative capitalist” wants companies to match profitmaking with doing good.
  1. raj prabha
    January 12, 2010 at 10:56 PM | #1

    i find it quite intersting because bill gate is my all time favourite man. and its really very intersting to know that he is able to maintain his position as a world’s richest man.

  2. January 23, 2010 at 9:38 PM | #2

    HOOP DREAMS(documentary Movie)
    Starring:- William Gates
    Arthur Agee

    Hoop Dreams is a 1994 documentary film directed by Steve James, with Kartemquin Films. It follows the story of two African-American high school students in Chicago and their dream of becoming professional basketball players.

    Originally intended to be a 30-minute short produced for the Public Broadcasting Service, it eventually led to five years of filming and 250 hours of footage. It premiered at the 1994 Sundance Film Festival where it won the Audience Award for Best Documentary.

    * 1994 Sundance Film Festival: Audience Award for Best Documentary
    * 1994 Los Angeles Film Critics Association: Best Documentary
    * 1994 Chicago Film Critics Award: Best Picture
    * 1994 Producers Guild of America: Special Merit
    * 1995 Academy Award Nomination: Best Editing
    * 1995 George Foster Peabody Award
    * 1995 Robert F. Kennedy Journalism Award
    * National Society of Film Critics: Best Documentary
    * New York Film Critics Circle: Best Documentary
    * Directors Guild of America:Outstanding Directorial Achievement in Documentary

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