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Bill Gates is named world's richest person again

bbc.com

21–30 of 56 posts

Re: Bill Gates is named world's richest person again

#21
post #19

Earlier quoted context omitted.

I wonder what Steve Job's net worth would have been if he never sold his shares.

When he died the greatest contribution to his net worth was his Disney money actually.

...and Disney stock has roughly tripled since he died.

Re: Bill Gates is named world's richest person again

#23
- Bill Gates only owns about $13Billion of Microsoft stock directly.

- Over half of his net worth is in Cascade Investment LLC, a private investment fund run by Michael Larson. Mr Larson appears to be singularly responsible for Bill Gates' return to the top.

- The Bill & Melinda Gates foundation is worth over $42 Billion, and is not included in Bill Gates' net worth

http://www.wsj.com/articles/this-mans-job-make-bill-gates-ri...

Re: Bill Gates is named world's richest person again

#25

These lists are pretty arbitrary. They don't include more than $32 trillion hidden in off shore accounts. Putin, Gaddafi, Mubarak, and other third world dicators have many trillions stashed away. That is not even to count the monarchs who practically own entire countries.

I agree on the arbitrariness. But do you have a some links for the $32 trillion hidden offshore. I'm just interested.

Although I think people superestimate the wealth of some leaders (like Putin and Khadaffi when he was alive), there is some people much wealthier than Bill Gates.

I met once a guy that worked for some banks that handled middle-east money, and he said it was not uncommon to see some accounts moving around numbers with a crazy amount of zeroes, although he didn't knew what was personal money, what was family money, and what was company money, the amount of money flow still was much, much more than what western people move... but middle easterns don't care about disclosing it.

Re: Bill Gates is named world's richest person again

#26

These lists are pretty arbitrary. They don't include more than $32 trillion hidden in off shore accounts. Putin, Gaddafi, Mubarak, and other third world dicators have many trillions stashed away. That is not even to count the monarchs who practically own entire countries.

I wonder what would anyone do with a trillion dollars... I really can't comprehend this numbers...

Re: Bill Gates is named world's richest person again

#30
post #27

Bill gates keep selling shares on several companies and donating stuff, also he does not do any "work" anymore, he only do volunteer stuff. Why his net worth keeps increasing?

investments, along with the rate of return to wealth in investment markets being greater than the economic growth rate (http://www.economist.com/blogs/economist-explains/2014/05/ec...)
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