Bill Gates No Longer Amg World’s Top 10 Billionaires: Microsoft’s co-founder Bill Gates is now out of the list of top 10 billionaires in the world. According to Bloomberg Billionaires Index, his total assets are now $ 124 billion, which brings him to 12th position just below Michael Dale. His wealth has decreased by $ 52 billion in a week. At the same time, Mukesh Ambani and Gautam Adani of India are still behind Gates in the rankings.
The reason for the decline?
The main reason for this decline is Gates’ long -term plan to donate a large part of his property. According to the Gates Foundation website, Bill Gates and his ex -wife Melinda French Gates have so far donated $ 60 billion. This donation supports Foundation’s efforts for global health and education. Gates says that their property will help save people’s lives and improve life, which will affect the Foundation even after the closure of the Foundation in 2045.
Foundation’s future plan
Earlier the Gates Foundation had a plan to shut down 20 years after the death of Bill Gates, but now it has been decided to shut down in 2045. In the next two decades, the foundation will spend around $ 9 billion every year. Established in 2000, the foundation has so far spent more than $ 100 billion, with 41% of the amount from Warren Buffett and the remaining from Microsoft’s earnings. This foundation is doing remarkable work in the field of global health and education.
