WORLD BILLIONAIRE: William Henry Gates III Is The Third Richest In The World

Friday, July 18, 2008

Bill Gates is the chairman of Microsoft and co-chair of Bill & Melinda Gates Foundation. He is no longer the world's richest man after have worn it for 13 consecutive years. Now he is the third richest in the world, with the net worth around US$ 58 billion. Gates and his friend, Paul Allen founded Microsoft, which is the greatest source of his wealth in 1976. But the man who has a vision "a computer on every desk and in every home" announced his retirement from company he cofounded 32 years ago.

Now this billionaire take a full time work in Bill & Melinda Gates Foundation (which has approximately US$ 38 billion in assets), a foundation established in 2000. By Bill & Melinda Gates Foundation, he has donated amounts of money to give college scholarships for under-represented minorities; prevention of diseases like hepatitis B, malaria and AIDS; etc.

Billionaire's Profile:

Born : October 28, 1955 in Seattle, Washington, US

Residence : Medina, Washington

Occupation : Chairman of Microsoft, Co-chair of Bill & Melinda Gates Foundation

Wife : Melinda Gates

Children : Three: Jennifer Katharine(1996), Rory John(1999) and Phoebe Adele(2002)

Net worth : US$ 58 billion (2008)