Bill Gates still has a lot of money, keeps #1 rank in the US

He may not work full time for Microsoft anymore, but its co-founder and Chairman Bill Gates is still safely on top of the richest people in the US. That's according to the annual list of the 400 richest people in the United States from Forbes magazine.

According to their latest print issue, Gates's current net worth is a not-too-shabby $66 billion, ahead of the number two person on the list, Warren Buffet, by over $20 billion. Forbes says that only 20 percent of Gates' net worth is actually in Microsoft stock. He's also been putting his money to good use by investing in other business ventures.

Oracle CEO Larry Ellison is third on the Forbes 400 list of richest Americans with $41 billion. Amazon.com CEO Jeff Bezos is 11 on the list with $23.2 billion. Google co-founder Sergey Brin and its CEO Larry Page are tied on the list at number 13 with $20.3 billion each. Microsoft CEO Steve Ballmer is number 19 on the Forbes list with $15.9 billion and the company's co-founder Paul Allen is set at number 20 with $15 billion.

And what about Facebook founder and CEO Mark Zuckerberg? Forbes places him at number 36 on their list with a "mere" net worth of $9.4 billion.

Source: Forbes | Image via Forbes

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Looks like, the more Bill gives to charity, the more he receives back.. I think we all can read from a page of his book. After all these years, he still is in the $60B range? I guess the saying is true: "It is more blessed to give than to receive"... Hats off to you Sir William Gates... hats off to you

When he was worth $50Bn he gave half to found the foundation.
When he was worth $60Bn he gave half to further the foundation's interests.
Now he's worth $66Bn.

I don't know about the rest of your math skills, but it seems to me like he's the greatest philanthropist in history now.

It looks like doubling down on charity is also a great idea.

I have alot of respect for bill but its time to stop trying to change the world. Microsoft needs him back fulltime. Ballmer is ruining that company.

Frickn' unbeliveably amazing. Makes more in retirement then when he was running MS. Can I have just 1 of your millions Bill. You'd never even notice. Do you think he carries cash around with him or even a Billfold. You could buy and do anything you wanted every day for the rest of your life, but Bill goes around giving his and Warren's money away. I wish those two could help get the US economy back on track.

It's just ludicrous that 400 individuals have in all likelihood more than three quarters of the worlds money, when 90% of the people in the world are so far in the **** that they will never see the light of day!

Farstrider said,
It's just ludicrous that 400 individuals have in all likelihood more than three quarters of the worlds money, when 90% of the people in the world are so far in the **** that they will never see the light of day!

Well at least he's one of the very few who's spreading a large amount of his own wealth to those who need it the most.

Farstrider said,
It's just ludicrous that 400 individuals have in all likelihood more than three quarters of the worlds money, when 90% of the people in the world are so far in the **** that they will never see the light of day!
But Bill Gates does great things with his money! We can't say that about other people on the list.

Farstrider said,
It's just ludicrous that 400 individuals have in all likelihood more than three quarters of the worlds money, when 90% of the people in the world are so far in the **** that they will never see the light of day!

should the money be distributed evenly to every single person? pay everyone the same salary regardless of the type of work they do? theres a word for this...

granted plenty of wealthy people are "born" into money but plenty of these rich people earned their money by working their entire life and earning it.

jerzdawg said,

should the money be distributed evenly to every single person? pay everyone the same salary regardless of the type of work they do? theres a word for this...

granted plenty of wealthy people are "born" into money but plenty of these rich people earned their money by working their entire life and earning it.

Sigh: I am not saying that at all, it's merely an observation of fact!

Farstrider said,
It's just ludicrous that 400 individuals have in all likelihood more than three quarters of the worlds money, when 90% of the people in the world are so far in the **** that they will never see the light of day!

Nope - the combined worth of the top 400 is $1.695 trillion. The total amount of money in the US is $8.7 trillion. And while that seems like a big percentage, you need to remember that the amount of money on this list is the worth of the people on paper, not amount of money they have in the bank. For example, BillG holds a large number of shares of Microsoft stock. If Microsoft were to go bankrupt tomorrow, his total worth would drop by 20%, but the total amount of money in the US, $8.7T would still remain at $8.7T, not $8.7-$13.7B.

Much of the money in the US is funny money, not real but electronic worth. Chances are, Bill has maybe a hundred million in actual cash in the bank, as selling stock causes a tax penalty.

Actually Warren Buffet is in agreement with Gates's methods and actively contributes to his foundation. Plus he is also a trustee. Not to say that he couldn't afford to do more though.

Obry said,

Well at least he's one of the very few who's spreading a large amount of his own wealth to those who need it the most.

In other countries, yes. Screw the people in the country that made him rich.

jerzdawg said,

should the money be distributed evenly to every single person? pay everyone the same salary regardless of the type of work they do? theres a word for this...

granted plenty of wealthy people are "born" into money but plenty of these rich people earned their money by working their entire life and earning it.

So it's a choice between communism and extreme inequality?

I suspect some where in between would be best.

Fl3x1bl3 said,

In other countries, yes. Screw the people in the country that made him rich.

But most of the work that is done by his foundation is related to epidemic disease research and treatment. A problem that does not affect the US directly, but affect almost all of the poor countries in the world.

You should also take in account that most of Bill's investment is in US companies, which bring wealth and jobs to the US (not mentioning that the taxes he pays are invested in the US as well).

Studio384 said,
But Bill Gates does great things with his money! We can't say that about other people on the list.

Of course, if we gave all that money to politicians it would be used for good.

nohone said,

Nope - the combined worth of the top 400 is $1.695 trillion. The total amount of money in the US is $8.7 trillion. And while that seems like a big percentage, you need to remember that the amount of money on this list is the worth of the people on paper, not amount of money they have in the bank. For example, BillG holds a large number of shares of Microsoft stock. If Microsoft were to go bankrupt tomorrow, his total worth would drop by 20%, but the total amount of money in the US, $8.7T would still remain at $8.7T, not $8.7-$13.7B.

Much of the money in the US is funny money, not real but electronic worth. Chances are, Bill has maybe a hundred million in actual cash in the bank, as selling stock causes a tax penalty.

$100 million? With all those dividends? I doubt that highly. He would have a heft amount in the bank. The amount of money he spends on charity work can't be purchased with stock.

With that he does to "help" the world , im glad he has the cash insted of the others on the list who just do jack with it.

Bill Gates is too cool for school man. I've grown to like him 100 times more now that he's been doing his charity work for the most part. An amazing man. Hats off!

What's truly admirable isn't that he is not just giving it away, but actively trying to use his weath to solve problems long term. People tend to not realize that it takes a lot more to combat poverty than just throw money at the poor. Gates is approaching the root issues in a very intelligent way, applying resources where needed but also developing the people.

Bad Man Duke said,
What's truly admirable isn't that he is not just giving it away, but actively trying to use his weath to solve problems long term. People tend to not realize that it takes a lot more to combat poverty than just throw money at the poor. Gates is approaching the root issues in a very intelligent way, applying resources where needed but also developing the people.

R.O.I. He took his business savvy to charity.

Bad Man Duke said,
What's truly admirable isn't that he is not just giving it away, but actively trying to use his weath to solve problems long term. People tend to not realize that it takes a lot more to combat poverty than just throw money at the poor. Gates is approaching the root issues in a very intelligent way, applying resources where needed but also developing the people.

I rank BG up there with Clinton in terms of men that history will remember as heroes.