Bill Gates will not be Forbes’ world’s richest person 

We are all familiar with the name of Bill Gates, the founder of Microsoft. Microsoft is a notable multinational computer technology organization. Recently in his tweet, he announced that he does not want to remember as a wealthy man of the earth after seeing the terrifying situation of the world. As recent pandemic and Ukraine Russian war shattered him so much that he no more desired money and fame as the richest billionaire man.

Gates Foundation

Bill Gates works for social causes for many years. For this, he made a foundation with his ex-wife, Melinda. They named the Bill & Melinda Gates Foundation for it. This foundation is working to make the people’s living standards healthy and in developing countries, it works too on raising people from poverty to a better life. After the split up of this amazing couple, Bill Gates and Melinda’s foundation is still running by their names.

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Works of The Gates Foundation 

The Gates Foundation works to eradicate diseases such as malaria, improve education, and combat poor sanitary conditions in countries. It was considered the second largest charitable foundation in the world in 2020, with assets of $49.8 billion, and is supported by other wealthy people, such as billionaire investor Warren Buffett.

Although the foundation has done well, some have raised concerns about the ethics of a private effort that wields such enormous influence. 

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Bill Gates promised to get out of the list of the richest people in the world

 Billionaire Bill Gates has once again pledged to give away his wealth from him, adding that he will eventually “fall” off the list of the world’s richest. Mr. Gates held the title of Forbes’ World’s Richest Person from 1995 to 2010 and again from 2013 to 2017.

Gates also plans to increase spending at the Gates Foundation. Microsoft co-founder Bill Gates promised to give away all his wealth and get off the list of the world’s richest people. Microsoft co-founder announced that he will donate $20bn (£17bn) to his charity.

Bill Gates doesn’t want to get any richer and promises to give away almost all of his wealth. Gates stressed that the COVID-19 pandemic and Russia and Ukraine conflicts are “a great tragedy for the entire world.”

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COVID-19 and the conflict between Russia-Ukraine 

In his tweets of his, Gates noted that the COVID-19 pandemic and the war between Russia and Ukraine are “a great tragedy for the entire world.” He believes that the United States has also taken a step backward in modern society after the new abortion laws. So, to fight for equality, he plans to increase spending from around $6 billion per year to $9 billion annually by 2026 with the support of his foundation board members.

 His foundation worked to combat the COVID-19 pandemic. In one of the tweets, he praised Warren Buffett, who provided half of the foundation’s resources.

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Currently worth Bill Gates

He is currently worth $118 billion, according to Forbes magazine, but that will drop significantly after donating in July to the Bill & Melinda Gates Foundation, which he founded with his ex-wife in 2000. Bill Gates and his ex-wife Melinda have donated billions to charity.

 Forbes’ World’s Richest Persons

As for the list of the world’s richest people, Gates topped the list from 1995 to 2010 and again from 2013 to 2017. According to Forbes Tracker, Elon Musk tops the list, followed by Bernard Arnault and family, Jeff Bezos, and Gautam Adani, and family. Gates is in fifth place with a net worth of $102.3 billion.

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Conclusion

Bill Gates does not wish to be known as Forbes’s World’s richest person as, after seeing the world in problems due to the covid Pandemic and the War between Ukraine and Russia, he wants to donate his wealth to the Gate’s foundation. This makes him out of the list of the richest persons in the world and plans to spend maximum time on his foundation. There is a saying money can not buy happiness, but Bill Gates is one of the very few people who find happiness by helping others through their money. 

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