Bill Gates has announced plans to wind down his foundation in the next two decades, with a focus on distributing an estimated $60 billion. As of 2023, Gates' net worth is $168 billion, bolstered by vast investments in a variety of sectors. The Bill & Melinda Gates Foundation, established in 2000, has distributed $78 billion to tackle issues like environmental sustainability and gender inequality. Gates acknowledges that he will not top any billionaire lists again, as he trails behind others like Elon Musk, who has a net worth nearing $450 billion.
Gates has followed the example of his close friend Warren Buffett, diversifying wealth across numerous investments from publicly traded companies to private stakes like TerraPower.
Gates intends to expedite the distribution of his wealth, planning to give away about $60 billion through his foundation within the next 20 years.
Unlike many of the richest billionaires, Gates maintains a diverse portfolio, holding substantial stakes in various sectors including Walmart and nuclear energy.
Despite his wealth, Gates acknowledges that he won't top billionaire rankings again, as figures like Elon Musk hold far greater riches.
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