Bill Gates out of top 10 richest people list; now ranks below former Microsoft CEO he once hired
Bill Gates is no longer among the top 10 billionaires in the world. A look at Bloomberg’s Billionaires Index clearly shows Gates now ranking at number 12, with a total net worth of $124 billion. He ranks just below Michael Dell, and notably much lower than his former Microsoft CEO Steve Ballmer, who is far higher on the list at number 5. As of 8 July, Bill Gates stands at number 12 on the list.
Why this sudden decline? It mostly stems from a recalculation of his net worth, which saw a $52 billion drop. This recalculation by Bloomberg was made to better reflect Gates’s charitable contributions.
