Bill Gates no longer world’s richest man

By on Mar 8, 2011 at 3:26 PM
Celebrities March 8, 2011

When Forbes publishes its 2011 list of billionaires on Wednesday, William Henry Gates III will not be at the top. This is by design, however — the world’s richest man title may have been lost after, but a far more important title remains: the world’s top philanthropist. Gates is not new to this title according to the Global Philanthropy Group, and it finally cost him his spot as the world’s wealthiest man last year. Gates has reportedly given away a third of his wealth at this point, and the majority of this astonishing sum has gone to the Bill and Melinda Gates Foundation. When Forbes’ list is published on Wednesday, Carlos Slim will sit at the top again with approximately $60 billion, up from his 2010 sum of $53.5 billion. Gates will occupy the No.2 spot with $49 billion followed by Warren Buffet, another renowned philanthropist, who is now worth roughly $47 billion. According to David Lincoln, director of global valuations at wealth research firm Wealth-X, Gates would currently be worth $88 billion had he not given away any money.

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  • Anonymous

    i dont see how this is even news. forbes billionaires list always changes. Carlos was richest in 2008 i think then it went to warren buffet then it went back to bill in 2010 then it went back to Carlos. im not hundred percent sure if this is how it was but i am sure that it has changed a lot and bill has been bumped from the top quite a few times already.

  • Anonymous

    You think Bill Gates gives a shit?

  • Anonymous

    Estimates place his net worth in the range of US$392 billion to US$663.4 billion in adjusted dollars for the late 2000s

  • Anonymous

    Everybody STFU and read. Both Gates and Jobs are greedy assholes. Gates is single handedly responsible for quashing innovation in the 90′s when he either bought out or completely financially ruined whatever competition there was. The only thing he gave a fuck about was getting Window’s on every possible computer he could and nothing else. Because of Gates and his Microcrap Corp desktop OS development and subsequent offshoot technologies was set back a decade. as for his philanthropy hey kudos for Gates. It’s nice to see he’s giving away money he st

    • Chut Pata

      So I guess your hero is Larry the Liar of Oracle. That Shylock is worst of Steve Jobs and Bill Gates. He killed competition like Bill Gates and he is no charity like Steve Jobs. He lacks the generosity of Bill Gates and innovation of Steve Jobs. His only obsession is to become richer than Bill Gates, and that is why he is so hateful against him.

      The hate in your name and the hate in your post says it comes directly from Larry Elison

      • Anonymous

        Yeah sure dude you figured me out. I’m really Elison and I use this handle because I’m pissed that I’m not as smart as Job’s and I rant against Microcrap because I’m jealous I don’t have enough cash as Gates. Good one on you for sniffing me out I guess I can’t pull the wool over your eyes. Excuse me while I go sit on my yacht, count my money, and snort cocaine off the boobs of a Puerto Rican hooker.

  • http://twitter.com/mahadev22 Mahadev

    However he is the worlds most generous man..

  • Ayub

    if each one of them gives away a third, a third of the third world would be away from poverty

    • Chut Pata

      That is not needed. In the first gulf war, the US government threw 200 cruz missiles a day on Baghdad. Each missile costed 2 million dollars i.e. 400 million dollars a day were spend on missiles only. The total war expenses exceeded trillion dollars and it was enough to:

      1) Wipe out poverty from the face of earth
      2) Wipe out all diseases from the face of earth
      3) Wipe out illiteracy from the face of earth

      The world would have been a heaven already if that money was used in the right direction. However we are ruled by religions that say we had to kill and die in the name of our gods to get into heaven. So all this money is spend to kill and die so that heaven can be achieved.

      • Anonymous

        I guess it had nothing to do with a greedy Bush wanting control over oil it was all the fault of organized religion. I’m learning so much from your posts your views are just so enlightening. (rolls eyes)

  • Rjiwani99

    What an amazing story

  • EngineerGA

    I pity the men on that list. Matthew 19:24

    How can they sit on a mound of cash and hear of squalid living conditions, famine, and disease the world over that could be cured or greatly improved even by less money than they possess? I would cry myself to sleep each night if I were afflicted with billions in cash. Seriously.

    • EngineerGA

      And before the “he’s the number one philanthropist” comments come, notice that he could be the number one by a landslide if more of that cash was given away. That seems to be his endgame – to have given most of it away by the time he dies. I just hope he realizes his day may come more rapidly than his cash curve is sloping toward the baseline.

  • HeidiHoo

    You go Boy! I am so proud of Bill Gates.

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