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

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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 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.

How much does Bill Gates make per minute? ›

How much money does Bill Gates earn hourly? Bill Gates is making around $7.6 million a day—which is $319,634.70 an hour, $5,327.25 a minute, and $88.79 a second. The billionaire is the fifth richest person in the world, with a current net worth of $116.1 billion.

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 much does Elon Musk make per day? ›

How Much Does Elon Musk Make a Day, Week, Month & Year
USD Amount
Per Day$54,500,000
Per Week$382,000,000
Per Month$1,527,000,000
Per Year$18,327,000,000
Feb 26, 2024

How much does Bill Gates make in 1 hour? ›

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.

What is Jeff Bezos salary? ›

Bezos received a total compensation of $1.7 for fiscal 2022. This total compensation package included a base salary of $81,840, with no bonuses, stock options or awarded stock. The remaining $1.6 million came from other types of compensation. Bezos's base salary has remained unchanged since 1998.

How much money 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 rich is Taylor Swift? ›

Swift's inclusion comes after Forbes declared the singer a billionaire in October 2023 and reported her net worth at $1.1 billion. In a rare feat, Swift is the first musician to reach the milestone solely from songwriting and performing.

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.

How much of Microsoft does Bill Gates still own? ›

Bill Gates – 102,992,934 Shares – 1.34%

Microsoft's founder stepped down from the company's board of directors in March 2020, a decade after he resigned as CEO to focus on his philanthropy work.

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 time Bill Gates wake up? ›

When Do America's Richest Billionaires Wake Up?
BILLIONAIRESLEEP SCHEDULEHOURS OF SLEEP
BILL GATES12:00 a.m. to 7:00 a.m.7 HOURS
MARK ZUCKERBERG1:00 a.m. to 8:00 a.m.7 HOURS
JEFF BEZOS9:00 p.m. to 5:00 a.m.8 HOURS
WARREN BUFFETT10:45 a.m. to 6:45 a.m.8 HOURS
2 more rows
Sep 20, 2023

How does Bill Gates relax? ›

Bill Gates once said that, early in his career, he slept very little and thought it was not a priority, but he soon realised that lack of sleep was affecting his creativity, productivity, and more, so he decided to have a nightly routine (starting with washing dishes to relax his brain) to get adequate rest and sleep ...

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 does Jeff Bezos make an hour? ›

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

What does Jeff Bezos make a day? ›

Jeff Bezos is the founder and CEO of Amazon, the world's largest online retailer. He is also the richest person in the world, with a net worth of over $170 billion. As of June 15, 2023, Bezos makes an estimated $321 million per day. This breaks down to $149,353 per minute and $2,500 per second.

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