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)

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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.

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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.

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.

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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

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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 do Bill Gates earn per day? ›

Despite a current net worth of approximately $128 billion and an intention to work his way off the list of the world's richest people through his philanthropic work, Microsoft co-founder Bill Gates has always been famously frugal.

What is Bill Gates average worth? ›

What is Bill Gates' net worth? Bill Gates is a millionaire thousands of times over: As of early May 2023, Forbes reported his net worth at over $126.8 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 money does Bill Gates make per hour? ›

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. According to reports, only a small portion of Gates's wealth comes from Microsoft shares, accounting for about 12.5%.

How much does Bill Gates make per minute? ›

Based on his earnings of $41 billion in the past year, Gates makes about $78,006 per minute, according to Business Insider calculations.

How much does Mark Zuckerberg make a day? ›

As of January 2024, he is the fifth-richest person in the world with a net worth of $139.1 billion, according to the Forbes Real Time Billionaire's List. An increase of $84 billion in one year translates to an estimated $9.6 million per hour or approximately $230.6 million each day.

How much does Jeff Bezos make per day? ›

Jeff Bezos' share of 2023 profits by company
Per second$985
Per minute$59,100
Per hour$3,546,000
Per day$85,104,000
Per week$595,728,000
Feb 22, 2024

Who is the no. 1 richest person in the world? ›

Bernard Arnault, chairman of LVMH, is the richest person and the richest man in the world with a net worth of $215 billion. After Arnault is Jeff Bezos, founder of Amazon. Other billionaires with some of the largest net worths include Tesla's Musk, Microsoft's Bill Gates, and Oracle's Larry Ellison.

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

Bernard Arnault

Who is worth 70 billion? ›

2020
No.NameNet worth (USD)
3Bernard Arnault & family$76 billion
4Warren Buffett$67.5 billion
5Larry Ellison$59 billion
6Amancio Ortega$55.1 billion
6 more rows

How much does Jeff Bezos make an hour? ›

Jeff Bezos Made Over $7.9 Million An Hour Every Hour In 2023 — In Under 13 Minutes, He Brought In The Equivalent Of What The Typical Person Earns In A Lifetime.

What is Jeff Bezos' salary? ›

From 1998 to 2021, Bezos earned a base salary of $88,840, with additional compensation bringing the total to more than $1.6 million each year. While a much higher salary than most people in the United States could dream of, it does not come close to totaling over $172 billion.

How many hours Bill Gates work in a day? ›

If you worked a standard 9 to 5 and took 4 weeks of vacation a year, then you worked ~1920 hours per year. Bill Gate's self-reported work schedule would give him 3640 hours per year, meaning he worked about double the hours of a "regular person".

How much does Bill Gates read a day? ›

According to his wife Melinda, Bill reads approximately 150 pages per hour, a staggering speed, especially given that he takes in and understands the vast majority of what he reads (his comprehension level is off the charts). He takes notes as he goes, whether it be in the margins or on a yellow legal pad.

How much money does Bill Gates get in a month? ›

Gates owns stock, primarily in Microsoft, but also owns stock in other companies, and he has other assets that produce an income. His total net-worth, is roughly $86 Billion. Now if you can imagine him investing in stocks, with a 5% return, that would be $4 Billion in income a year. Which would be $333 Million a month.

How much does Warren Buffett make a minute? ›

Legendary investor Warren Buffett, who runs Berkshire Hathaway, made about $37 million each day this year, a new survey from Wealth-X shows. That breaks down to $1.54 million per hour each day (yes, even while he's sleeping). It also works out to be just over $25,694 per minute.

What is the daily income of Elon Musk? ›

EV maker Tesla and SpaceX owner and tech billionaire Elon Musk earns approximately $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week, the media has report.

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