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Gates wealth drop

Gates owns around 1% of Microsoft and has received upward of $60 billion in stocks and dividends from the company, Most of his fortune is now housed within Cascade Investment, a holding company that invests in assets from real estate and energy to private and public companies.Microsoft stock has soared more than 10-fold over the past decade to nearly $500 a share, making it the world’s second-most valuable company, after Nvidia, with a $3.7 trillion market cap.The recalculation shrank Gates’ fortune from over $175 billion to $124 billion, sending him from fifth place to 12th on the  Billionaires Index. His former assistant and successor as Microsoft’s CEO, Steve Ballmer, replaced him in the fifth spot with a $172 billion net worth as of Thursday’s close. Do you think that Bill Gates really care much about what he posses ?

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