Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It (2024)

Table of Contents
Don't Miss: Read Next: FAQs

Jeannine Mancini

·3 min read

Microsoft Corp. Co-Founder Bill Gates held the title of the world’s richest man for the majority of 20 years before being surpassed by Amazon.com Inc. Founder Jeff Bezos.

Yet, he continues to rank among the global elite in terms of wealth. To illustrate the scale of his fortune, consider this: The average person earns about $2.7 million in their lifetime, according to career information site Zippia. Gates earns approximately three to four times that amount in one day, highlighting the extent of his financial resources.

Sources differ on the exact amount, with one estimating his daily earnings at around $10.95 million — about $117 per second. Another source offers a lower figure of approximately $7.6 million per day or $319,635 per hour.

Don't Miss:

While Gates is best known as the mastermind behind Microsoft, he has amassed a fortune beyond what his Microsoft shares are worth. Despite only a fraction of his wealth coming from Microsoft, the company remains a pivotal part of his financial journey. Since Gates and Paul Allen founded Microsoft in 1975, the company has dominated various tech markets, achieving a market cap of over $1 trillion by 2019. Sources state only about 12.5% of Gates's net worth comes from Microsoft.

See Also
Minimum Wage

His wealth also flows from real estate investments, including the $127 million Xanadu 2.0 in Washington and the $18 million Rancho Paseana in California. Gates’s investment savvy extends through his firm Cascade, which holds stakes in luxury hotels and other ventures.

Gates’s collection of luxury vehicles, private jets and art reflects his eclectic interests, while his philanthropic efforts underscore his commitment to global causes that support initiatives in health, renewable energy and more.

As a notorious philanthropist, much of Gates's earnings go toward charitable efforts, mainly through the Bill & Melinda Gates Foundation. In 2023, the foundation committed $8.3 billion to fight poverty, disease and inequality, marking a 15% increase from the previous year. The foundation aims to increase its payout to $9 billion by 2026.

In 2023, Gates expanded his investment portfolio, indicating a strategic approach to wealth management. He acquired a 3.76% stake in Heineken Holding NV, valued at approximately $939.87 million. This investment signifies a diversification of his interests beyond the tech sector.

Gates has also invested in farmland, owning about 242,000 acres or roughly 0.03% of all U.S. farmland. During a Reddit “Ask Me Anything” session, he said that he aims to enhance productivity and job creation through these investments, with decisions made by a professional investment team.

Read Next:

"ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!

Get the latest stock analysis from Benzinga?

This article Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It originally appeared on Benzinga.com

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It (2024)

FAQs

How much does Bill Gates earn per day? ›

According to estimates, Gates earns about $10.95 million a day, which is equivalent to about $117 per second. Another set of data shows that Gates earns about 7.6 million US dollars a day, which is equivalent to 319635 US dollars per hour.

What is Bill Gates average worth? ›

Bill Gates is a millionaire thousands of times over: As of February 2024, Forbes reported his net worth at over $123 billion, most of which came from his position as the largest individual shareholder of Microsoft, which he started with Paul Allen in 1975.

How much does Bill Gates work a day? ›

Bill Gates famously spend a couple decades working 10 hours a day, 7 days a week, no vacations.

How does Bill Gates spend his money? ›

Through the foundation, Gates has reportedly donated more than $50 billion since 1994 to eradicate diseases, promote education, and advance gender equality. Philanthropy aside, Gates has also invested in early-stage startups that in his view are working on promising solutions to the challenges of today and tomorrow.

How much does Mark Zuckerberg earn per day? ›

Mark Zuckerberg Made Around $9.6 Million Per Hour Or $230.6 Million Per Day In 2023 — His Major Investments Include A 30-Bedroom/Bathroom Compound And Beer-Drinking Wagyu Cattle.

Are there any trillionaires? ›

As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.

Who is the richest person in the world in 2024? ›

Forbes Billionaires Index

Bernard Arnault (75) has been named the world's richest man of 2024 with an estimated fortune of $226.2 billion, according to Forbes' 38th annual billionaires list, released Tuesday.

What is the 5 hour rule Bill Gates? ›

The 5-hour rule is about devoting one hour a day, five days a week, to learning something new. Successful people like Oprah, Bill Gates, Warren Buffett, and Elon Musk all allegedly follow it.

How much does Bill Gates make in 1 hour? ›

How Much Does Bill Gates Make a Day? Bill Gates added over $5 Billion to his net worth in 2022. This would mean he makes over $13.5 Million a day, $570K an hour, and nearly $160 per second!

How much does Bill Gates make every week? ›

How much money does Bill Gates make a week? If we look at it from a weekly perspective, he earns $33.8 million per week. This is more than what most people will earn in their entire lifetime, and it's mind-boggling to think about how much wealth he has accumulated over the years.

At what age did Bill Gates become a billionaire? ›

Bill Gates: Gates co-founded Microsoft with Paul Allen in 1975 when he was just 19 years old. The company went public in 1986, making Gates an instant millionaire at the age of 31. By 1987, he was worth $1.25 billion, and his net worth has since grown to over $100 billion.

Who is Bill Gates leaving his money to? ›

In July 2022, Gates said he planned to give “virtually all” of his wealth to the Bill and Melinda Gates Foundation, according to a post shared on X, formerly known as Twitter. His message came as the foundation revealed a new plan to increase yearly spending “from nearly $6 billion to $9 billion annually by 2026.”

How much earn Elon Musk per day? ›

"Calculating earnings per second involved dividing this total by the number of seconds in a year (31,536,000), resulting in an approximate figure of $114.80 per second; this translates to $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week," the report noted.

How much did Bill Gates make an hour? ›

How Much Does Bill Gates Make a Day? Bill Gates added over $5 Billion to his net worth in 2022. This would mean he makes over $13.5 Million a day, $570K an hour, and nearly $160 per second!

How much do Bill Gates earn per minute? ›

Bill Gates: He earned $11.5 billion this year which works out to be ~$33.3 million per day; $1.38 million per hour; or ~$23,148 per minute.

Top Articles
Latest Posts
Article information

Author: Pres. Lawanda Wiegand

Last Updated:

Views: 5738

Rating: 4 / 5 (71 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Pres. Lawanda Wiegand

Birthday: 1993-01-10

Address: Suite 391 6963 Ullrich Shore, Bellefort, WI 01350-7893

Phone: +6806610432415

Job: Dynamic Manufacturing Assistant

Hobby: amateur radio, Taekwondo, Wood carving, Parkour, Skateboarding, Running, Rafting

Introduction: My name is Pres. Lawanda Wiegand, I am a inquisitive, helpful, glamorous, cheerful, open, clever, innocent person who loves writing and wants to share my knowledge and understanding with you.