What is Bill Gates' net worth?
Bill Gates, most famous for being the co-founder of Microsoft Corporation and one-time richest man in the world, has gone from tech wizard to billion-dollar philanthropist. Gates along with childhood friend Paul Allen founded Microsoft on April 4, 1975. Originally based in Albuquerque, New Mexico, it eventually relocated to Washington state in 1979. One of the biggest leaps on the ladder of success for Microsoft came on Nov. 6, 1980, when IBM made a contract stating it would pay Microsoft $430,000 (around $1.5 million today, inflation-adjusted). Shares closed at $28 on first day of trading, making a 31-year-old Gates and his 11.1 million shares worth $310 million, marking his debut on the Forbes 400 with $318 million.