{"id":946738,"date":"2025-07-15T11:53:48","date_gmt":"2025-07-15T06:23:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=946738"},"modified":"2025-07-15T11:53:48","modified_gmt":"2025-07-15T06:23:48","slug":"bill-gates-net-worth-drops-51-billion-in-one-week-heres-why-the-microsoft-co-founder-is-happy-to-give-it-away","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/15\/bill-gates-net-worth-drops-51-billion-in-one-week-heres-why-the-microsoft-co-founder-is-happy-to-give-it-away\/","title":{"rendered":"Bill Gates&#8217; net worth drops $51 billion in one week; here\u2019s why the Microsoft co-founder is happy to give it away"},"content":{"rendered":"<p>The Bloomberg Billionaires Index updated its ledger on July 13 and wiped $51 billion off Bill Gates\u2019 fortune in a single stroke. One week earlier, he sat on an estimated $175 billion; the revision puts him near $124 billion, nudging him down to twelfth place globally. The plunge isn\u2019t the result of bad bets or a Microsoft sell-off gone wrong. Instead, it reflects Gates\u2019 plan to empty his pockets long before the undertaker knocks. In a May blog post, he vowed that no obituary would say he \u201cdied rich,\u201d and he gave his foundation a deadline of 31 December 2045 to distribute almost everything he owns.<\/p>\n<p>Bloomberg simply caught up with how aggressively those transfers have already begun. So while headlines shout \u201closs,\u201d Gates sees progress toward a promise that reshapes both the billionaire rankings and the future cash flow of the world\u2019s largest private charity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bloomberg Billionaires Index updated its ledger on July 13 and wiped $51 billion off Bill Gates\u2019 fortune in a single stroke. One week earlier, he sat on an estimated $175 billion; the revision puts him near $124 billion, nudging him down to twelfth place globally. The plunge isn\u2019t the result of bad bets or a Microsoft sell-off gone wrong. Instead, it reflects Gates\u2019 plan to empty his pockets long before the undertaker knocks. In a May blog post, he vowed that no obituary would say he \u201cdied rich,\u201d and he gave his foundation a deadline of 31 December 2045 [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-946738","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/946738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=946738"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/946738\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=946738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=946738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=946738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}