As of 2018, Bill Gates’ net worth is expected to reach $2.3 billion. However, his fortune will probably double by then. The software entrepreneur and business magnate is known for his many endeavors, which include authorship, investing, and co-founding the popular software company Microsoft with childhood friend Paul Allen. His estimated wealth in 2022 will increase tenfold by the time he turns 80.
The two founders of Microsoft have been giving away large sums of their fortune for charitable causes, such as eradicating polio. The pair have a massive mansion overlooking Lake Washington in Medina, Washington. This home has a 60-foot (18 m) swimming pool and several amenities. The estate also features a 2,500-square-foot gym and a 1,000-square-foot dining room.
In 1984, Microsoft was a small entity when it got a massive boost from IBM, who contacted the company and asked them to develop software for the IBM Personal Computer. Bill Gates and Tim Paterson, of Seattle Computer Products, developed the first PC DOS operating system and received a one-time payment of $50k. After Microsoft was founded, Bill Gates became president and chairman of the board. Paul Allen later became vice president and joined the company. By the time he turns 80, his net worth will have grown by a third to approximately $100 billion.
The billionaire co-founded Microsoft and grew it into an international corporation. Forbes ranked Bill Gates as the wealthiest man in the world for the years from 1995 to 2009. He was even named the world’s richest person for two consecutive years. While his fortune is growing, his philanthropy continues to grow. While he does still own Microsoft shares, he also owns a hefty amount of other stocks, including Google and Apple.