Enterprise

Bill Gates Is $9 Billion Richer Than He Was A Year Ago, But Most Of His Wealth Is Not In Microsoft

Read in app
bill gates nrk chess
Bill Gates  YouTube/NRK

Bill Gates has been the richest man in the world for 15 out of the last 20 years. Even though he's given an astounding $38 billion to his charitable foundation, he keeps getting richer every year.

As of March 2014, Gates is worth $76 billion, according to Forbes' annual list of billionaires. That's $9 billion more than a year ago and $4 billion more than six months ago.

His net worth has been helped by an uptick in Microsoft's share price (up by about $10 a share since last March), but Microsoft isn't the source of most of his money, and hasn't been for a while. Microsoft accounts for less than one-fifth of his total net worth, according to Bloomberg's Billionaire Index.

Most of his wealth comes from his investment company, Cascade Investment. It owns stakes in Canadian National Railway, Berkshire Hathaway, Deere & Co, Liberty Global, Waste Management and other firms, according to forms filed with the SEC.

Over the last 10 years, Gates has sold off a large chunk of his Microsoft stake, reports Computerworld's Gregg Keizer. Specifically, in September 2004, Gates had 1.1 billion shares of Microsoft. As of his last trades in February, he owned 337,991,164 shares, according to Yahoo's Insider Trading site (based on forms filed with the SEC).

He still owns more than a 4% stake of Microsoft and is still the company's single largest shareholder, according to Bloomberg. But if Gates continues to sell Microsoft shares at the same rate and doesn't acquire more, by 2015 for the first time in the company's history, that could change. Steve Ballmer could become the company's largest stakeholder.

In 2013, Gates sold 43,000,000 shares of Microsoft (although he also acquired a few, 5,554), according to Insider Trading records.

Ballmer currently holds 333,252,990 shares now, according to SEC forms, and hasn't sold any in years. That's just 47,38,174 shares fewer than Gates.


NOW WATCH: Elon Musk Explains What He Actually Does At His Companies

 

Read next

Julie Bort was Business Insider's Editor at Large for the Tech team. She loves investigating stories and shedding light on the tech industry's most amazing people.Here's a small sample of some of Julie's work.Former Pinterest employees describe a traumatic workplace where managers humiliate employees until they cry, Black people feel alienated, and the toxic culture 'eats away at your soul'Sex, tequila, and a tiger: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream and the messy reality that tanked itInsiders say WeWork's IT is a patchwork of cheap devices and Band-Aid fixes that will take millions to fixWeWork's toxic phone booths were created in-house by its Powered by We business70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon MuskElon Musk works so many hours at Tesla, employees are constantly finding him asleep under tables and desksHow this woman went from a Pizza Hut employee to a founder of a $4 billion startupAn Oracle insider explains how some salespeople gamed the system to sell more cloudTHE TAKEDOWN OF TRAVIS KALANICK: The untold story of Uber's infighting, backstabbing, and multimillion-dollar exit packagesMicrosoft is in talks to buy GitHub, a startup at the center of the software world last valued at $2 billionThe alarming inside story of a failed Google acquisition, and an employee who was hospitalizedInside Facebook's plan to eat another $350 billion IT marketHow a registered sex offender wound up living in an Airbnb hosting unsuspecting guestsA controversial ex-banker is the person who really runs Twitter — and he's gambling the company's future on one risky betSecret passages and skipped meals: Oracle's CEO gave us a rare peek at what it really takes to run a $37 billion companyHP told some employees to choose between becoming contractors with no benefits or being fired without severance'I felt like we were being extorted': Customer says Oracle tried to strong-arm him into a cloud saleHow the queen of Silicon Valley is helping Google go after Amazon's most profitable businessAirbnb host: A guest is squatting in my condo and I can't get him to leaveLIES, BOOZE, AND BILLIONS: How one of the fastest-growing startups in Silicon Valley history raised $580 million then spiraled out of controlGitHub is undergoing a full-blown overhaul as execs and employees depart — and we have the full inside storyWhen she's not writing for Business Insider, Julie can usually be found on the trails, on my mountain bike, or on my skis, if you know where to look.