How much money did Bill Gates have in 1999?

And with that drop, Bill saw his net worth tank from $100 billion in December 1999 to around $40 billion in December 2000. Amazingly, even after his net worth dropped 60%, Bill managed to remain the richest person on the planet. He was the richest person in he world for 13 years in a row from 1994 to 2007.

What is Bill Gates personal wealth as of 1999?

2000. At one point in 1999, Gates’ net worth briefly topped $100 billion. By 2000, it’s down to $63 billion as Gates suffers the first significant decline in his wealth.

What was Bill Gates net worth in 1997?

Billionaire list 1997
Rank	Name	Net Worth (bil US$)
1	Bolkiah, Sultan Hassanal	38
2	Gates, William H. III	36.4
3	Walton Family	27.6

How much was Bill Gates worth in 1995?

1995 – 2007: Bill Gates Bill Gates became the richest person in the world for the first time in 1995, with a net worth of $12.9 billion. After adjusting for inflation, that’s the same as around $22 billion in today’s dollars. Microsoft went public in 1986.

Where does Bill Gates get his money from?

And BGI stands for Bill Gates Investments. Larson is Bill Gates’ private money manager. He runs the entirety of Gates’ fortune not invested in Microsoft stock. That sum, which sits in Gates’ personal account and in two huge foundations, now amounts to $11.5 billion, and counting.

When did Bill Gates own 3% of MSFT?

In case you’re wondering, today Gates owns around 3% of MSFT. July 1999 was the height of the dotcom bubble mania. And on the morning of July 16, rumors flew that Microsoft might spin-off its internet assets into a separate company. A separate company that would theoretically have its very own crazy dotcom bubble IPO.

What was the net worth of Microsoft in 1999?

This rumor sent shares of MSFT up 5.4% to close at a record high of $99.4375. At that level, Microsoft as a whole was worth $500 billion. This was the first time that any company had ever broken the $500 billion mark. FYI – Today Apple is worth $740 billion. As owner of 20% of the company, Bill’s net worth momentarily stood at $100 billion.

Why did Bill Gates hire a former jailbird?

Evans was an old friend of the Microsoft CEO, and Gates was said to be helping him out by employing him. In any event, the article created an uproar. Gates’ mother, Mary, a powerful influence on Bill, was said to be disturbed that her son had a former jailbird running his personal portfolio.

How much money did Bill Gates have in 1999? And with that drop, Bill saw his net worth tank from $100 billion in December 1999 to around $40 billion in December 2000. Amazingly, even after his net worth dropped 60%, Bill managed to remain the richest person on the planet. He was the richest person…