Bill Gates of a value lower than the former assistant after a recalculation of $ 50 billion

Bill Gates lost around 52 billion dollars or 30% of his wealth on Thursday. But don’t feel bad – its net value has simply been recalculated to reflect the charity of the Microsoft co -founder.

The recalculculculist reduced Gates’s fortune by more than $ 175 billion to 124 billion dollars, sending it from fifth place to 12th place on the Bloomberg billionaire index. His former assistant and successor as a CEO of Microsoft, Steve Ballmer, replaced him in fifth place with a net value of $ 172 billion at the end of Thursday.

Gates also follows the co -founders of the Alphabet Larry Page and Sergey Brin, the CEO of Nvidia Jensen Huang, and a longtime friend and Berkshire Hathaway, Warren Buffett, in the ranking.

Bloomberg says that this has lowered the appreciation rates used to calculate its richness to “better reflect the carriers of doors and the estimate of wealth” that the doors provided in a blog article in May.

In this blog, Gates has set his fortune at $ 108 billion and has committed to giving almost all his money via the Gates Foundation over the next 20 years. He estimated that the organization would spend more than $ 200 billion before closing at the end of 2045.

According to the website of the Gates Foundation, Gates and his ex-wife, Melinda French Gates, offered a total of $ 60 billion to the organization at the end of December, and Buffett donated $ 43 billion.

Gates has about 1% of Microsoft and received more than $ 60 billion in the company’s shares and dividends, according to its Bloomberg page. The majority of his fortune is now housed in Cascade Investment, a Holding company which invests in real estate and energy assets with private and public companies.

Ballmer’s loyalty paid

It is striking that Ballmer is now richer than the doors, since employees are generally much less than successful founders.

It is an exception in part because, when he joined Microsoft in 1980 as the president’s assistant, he accepted a basic salary of $ 50,000 plus 10% of the profits he has generated, but his remuneration has become so high that the company has rather offered an important participation.

Ballmer succeeded in Gates as CEO in 2000 and resigned in 2014 with a 4% stake in Microsoft. He now has Los Angeles Clippers.

Microsoft Stock has climbed more than 10 times in the last decade to almost $ 500 per share, making it the second most precious company in the world, after Nvidia, with a market capitalization of 3.7 billions of dollars.

Ballmer recently told Podcast “acquired” that the late Buffett trading partner, Charlie Munger, publicly asked him why he had kept his Microsoft actions while the two company co -founders, Gates and Paul Allen, diversified their investments much more.

“Steve, I wonder why you have kept your Microsoft stock when your partners did not do it,” said Ballmer the famous Frank Munger. “I know you’re not so smart.”

“No, Charlie, but I’m so loyal,” replied Ballmer.