According to the Bloomberg Billionaire Index , Mr. Gates currently owns a net worth of $ 110 billion . On October 25, the US Department of Defense unexpectedly awarded a $ 10 billion cloud contract to Microsoft and the company’s stock price immediately increased by 4%.
Amazon’s share price, meanwhile, fell 2%, pushing Bezos’ total assets to $ 108.7 billion . Third on the list of the Bloomberg Billionaire Index is still Bernard Arnault, the French luxury tycoon, with $ 102.7 billion .
Since the beginning of the year, Microsoft shares have risen 48%, helping Gates increase his assets size by 1%. The rest of the Microsoft founder’s total assets lie in his family’s stocks and investments.
Bezos would have been a lot richer without divorcing his wife MacKenzie. The couple split in January and Ms. MacKenzie received a share of Amazon stock. Currently she owns a fortune of 35 billion USD .
Even so, Mr. Gates probably never loses the number one spot if he doesn’t spend too much money on charitable activities. Since 1994, he has donated US $ 35 billion to the Bill & Melinda Gates Foundation.