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Meet man, who was once world’s richest person, now not in even world’s top 10 list, not richer than Mukesh Ambani, reason behind his loss of wealth is…

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This billionaire, who was on the world’s top 10 richest people list and among the top ten richest people in America for over 20 years, is no longer part of the list. Once a perennial fixture on the world’s wealthiest people list, he has witnessed his net worth slip drastically in recent times. This famous billionaire, also known for his philanthropic work, is currently ranked 13th on the list, according to Forbes’ real-time billionaire list. He is none other than Microsoft co-founder Bill Gates. Check his current net worth here.

Since the beginning of 1990 Gates consistently ranked in the top 10 richest men in the list, holding the richest or second-richest person on the list of America’s wealthiest people.

Bill Gates’s Current Net Worth

According to the Forbes real-time billionaires list, Bill Gates’ current wealth is USD 106.2 billion (approx. Rs 89,18,21,40,30,000), down by USD 358 million. Note: this is real-time wealth and is subject to change every hour.

What Is The Reason Behind Bill Gates’s ‘Fall’ In Ranking

The plunge in fortunes primarily stems from Bill Gates’ 2021 split with Melinda French Gates. It’s speculated that the resolution ended up ballooning roughly thrice the initial figure, playing a substantial role in dwindling Gates’ total net worth.

With the considerable settlement she’s received, Melinda French Gates now ranks among the richest women in the United States.

Notably, the estimate amount of the divorce settlement between Bill and Melinda French Gates is nearly tripling the initial amount. Currently, Melinda’s wealth is now estimated at USD 29 billion, up from USD 10.3 billion from previous year. With this wealth she is the ninth-richest woman in America.

The Drastic Fall In The Ranking

Even as Gates’ fortune shrinks, his commitment to philanthropy remains unwavering. The Bill & Melinda Gates Foundation continues to focus on global health and development. However, there’s a bit of uncertainty looming about its future direction without Melinda’s mentorship.

When speaking to the press, Gates has acknowledged that his standing in the wealth rankings might take a hit down the road. He’s also not ruling out the possibility that he and Melinda might resolve to pursue their endeavors independently in the future. However, he assures that the Gates Foundation is projected to remain operational for another quarter of a century. On another note, Melinda French Gates is channeling her energies into her fresh venture, Pivotal Ventures, an initiative aimed at uplifting women and families.

Where Is Mukesh Ambani, Gautam Adani In The Rich List

With a whopping net worth of USD 109.2 Billion Mukesh Ambani is on the 11 no. in the world richest people list, following him Gautam Adani stands at 21 no. with the wealth of USD 81.1 billion.

World’s richest people list

Rank Name Net Worth Change Age Source Country/Territory
1 Elon Musk $258.7 B $4.7 B -1.79% 53 Tesla, SpaceX
2 Larry Ellison $203.3 B $1.3 B -0.61% 80 Oracle
3 Mark Zuckerberg $201.5 B $3.4 B 1.72% 40 Facebook
4 Jeff Bezos $200.2 B $2.6 B -1.28% 60 Amazon
5 Bernard Arnault & family $185.0 B $2.5 B -1.35% 75 LVMH
6 Warren Buffett $142.3 B $1.3 B -0.92% 94 Berkshire Hathaway
7 Larry Page $137.9 B $39 M -0.03% 51 Google
8 Sergey Brin $132.0 B $36 M -0.03% 51 Google
9 Amancio Ortega $128.4 B $531 M -0.41% 88 Zara
10 Steve Ballmer $122.4 B $131 M -0.11% 68 Microsoft