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Bill Gates is again the richest person on earth, with a net worth of $87 billion

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Bill and Melinda Gates with Ingrid Schulerud and Norwegian PM Jens Stoltenberg, Oslo Opera House
Bill and Melinda Gates control more than $40 billion under the Bill & Melinda Gates Foundation.  Wikimedia Commons

Some things never change: Bill Gates is still the richest person in the world. He’s been among the wealthiest since Microsoft went public in 1986, and he only got richer as the company's software became the de facto standard on computers around the world.

Gates' net worth today sits at $87.4 billion, according to new Wealth-X data on the world's 50 richest people. That makes Gates more than $20 billion richer than runner-up Amancio Ortega, the man behind Spanish fashion behemoth Zara. 

Despite a pledge to donate half of his wealth — his personal lifetime giving already exceeds $27 billion and makes him the most generous person on earth — Gates is still earning money faster than he can give it away.

"I'm certainly well taken care of in terms of food and clothes," he said in a 2013 Telegraph article. "Money has no utility to me beyond a certain point. Its utility is entirely in building an organization and getting the resources out to the poorest in the world."

Since stepping down as CEO of Microsoft in 2000, Gates has shifted his focus to global philanthropy. He and his wife Melinda run one of the most powerful charitable organizations in the world, controlling an endowment of more than $40 billion. The Bill & Melinda Gates Foundation regularly donates millions to causes in agricultural development, emergency relief, urban poverty, global health, and education. The foundation made its largest single donation ever in 2014 — a $50 million gift to fight the spread Ebola in West Africa.

Gates is one of 29 Americans and 12 tech moguls to make the cut for the 50 richest people in the world

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Tanza Loudenback is a personal finance expert and a Certified Financial Planner (CFP). She was the founding reporter of Personal Finance Insider, covering topics including taxes, retirement planning, banking, real estate and mortgages, and budgeting. Her work has been featured in WSJ Buy Side, Fortune Recommends, Korn Ferry, TheStreet, Morgan Stanley Wealth Management, and Fidelity. ExperienceTanza was the first reporter on the Personal Finance Insider team. In addition to helping build the vertical from the ground up, she helmed a biweekly advice column answering readers’ personal finance questions and launched a personal finance newsletter. She also published two e-books under the Personal Finance Insider brand.She was the editorial lead on Master Your Money series, a two-year-long Business Insider series providing financial advice to millennials. She managed Master Your Money bootcamp events over the course of the series. While at BI, she also expanded tax coverage to include a guide to the best tax software and commissioned a panel of experts to review all articles. Tanza obtained her CFP license in 2020. She aims to simplify personal finance concepts for readers so that they can make smart decisions with their money. ExpertiseTanza’s areas of personal finance expertise include:
  • Real estate/mortgages
  • Taxes
  • Retirement planning
  • Small business finances
  • Banking
  • Budgeting
Education Tanza is a graduate of Elon University with a degree in print and online journalism, with a minor in Italian studies.