Reported 11 months ago
During the dot-com boom, it was predicted that Bill Gates could become the world's first trillionaire by 2005 if he had held onto all his Microsoft shares. However, Gates chose to diversify his investments, reducing his stake in Microsoft to just 1.34%. If he had retained his original stake, his net worth would have been around $1.47 trillion. Gates' strategic vision included philanthropy through the Bill & Melinda Gates Foundation, showcasing a belief that true wealth is about making a meaningful impact. Steve Ballmer, who succeeded Gates as Microsoft's CEO, has seen substantial growth in his net worth, now at $147 billion. Gates aimed to donate his wealth to philanthropic causes, moving down the list of the world's richest individuals.
Source: YAHOO