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How Much Money Does Bill Gates Make a Day in 2023



From spending your younger years in a WordArt-induced haze to typing up essays in the library like it was your job, we’re all familiar with Microsoft. 

Love it or hate it, Microsoft has been in our lives for what feels like forever. And with a company so universal, you just know the person behind it must be rolling in dough.

Enter Bill Gates, the man who’s been making bank since before we knew what a mouse was. While we were trying to figure out how to make a chart in Excel, Gates was raking in thousands of dollars a minute. 

So, let’s find out exactly how much this billionaire makes in a single day and how he does it—

This article will show you: 

  • How much Bill Gates makes a day.
  • The net worth of Bill Gates. 
  • How Bill Gates makes and spends his money. 

Read more:

How Much Does Bill Gates Make a Day?

Bill Gates makes $7,671,232.88 ($7.6 million) a day

To break this down—that’s $319,634.70 an hour, $5,327.25 a minute, and $88.79 a second. 

That means he makes a whopping $53,698,630.16 a week—more than the combined GDP of Belize, Barbados, Jamaica, Fiji, and Cyprus. 

How did we calculate this?

Earning $7.6 million a day seems otherworldly—so how did we get this figure? 

No, we haven’t just broken down his current net worth. To get a more accurate idea, we’ve looked at his net worth from the last ten years, which shows Bill Gates makes around 2.8 billion a year. 

From there, we can break it down into how much Bill Gates makes a day, an hour, a minute, and even a second—and it’s a lot.

Since you’ve been reading, Gates could have paid for an all-inclusive trip to Italy (and still have money leftover for several family-sized pizzas).

What Is Bill Gates’ Net Worth?

Bill Gates has a net worth of approximately $116.1 billion, according to Forbes. 

By looking at his net worth over the last ten years, we see his value has increased by roughly $233,333,333 every month

Bill Gates has been rolling in it for years, but his net worth has had its ups and downs due to changes in the economy and the stock market. 

For example, high inflation rates in 2022 caused Gates to lose $28 billion (whether or not he noticed is a different story). 

Despite his massive wealth, Gates is also a huge giver. He’s donated billions of dollars to charitable causes—and he plans to give away the majority of his fortune through the Bill and Melinda Gates Foundation.

And he isn’t the only one rolling in cash—find out how much Jeff Bezos makes a day

What does Bill Gates own?

What Bill Gates doesn’t own would be a more appropriate question. 

Bill Gates is the largest shareholder of Microsoft, the company he co-founded in 1975. 

He currently owns 1.38% of Microsoft’s shares, which might not seem like much, but it’s worth around $28.6 billion

Gates is also known for his philanthropic work. He and his wife, Melinda, own the Bill and Melinda Gates Foundation, which has an endowment of over $67.3 billion [email protected].

The foundation’s mission is to improve global healthcare and reduce poverty. 

And when you’ve got crazy amounts of cash, you can afford to live like a king. Gates doesn’t shy away from the finer things in life and has several luxurious properties all over the world

One of his crown jewels is Xanadu 2.0—a 66,000-square-foot mansion in Medina, Washington, that’s worth an eyebrow-raising $127.5 million. It comes with its own artificial stream, a 60-foot pool, and a trampoline room (because why not). 

Find out more about the richest places to live across the US. 

How much of Microsoft does Bill Gates own?

Bill Gates currently owns around 1.38% of Microsoft’s shares—worth around $28.6 billion. 

This may seem surprising since he’s the face behind the company, but it’s actually pretty common for founders to have a smaller stake in their companies over time.

As companies grow and expand, they need more cash to fuel their operations, and one way to get it is by issuing more shares of stock. 

And (not-so) fun fact—if you had bought one hundred shares of Microsoft at $21 back in 1986, it would be worth around three-quarters of a million dollars today, after nine stock splits. 

So, if he doesn’t own that much of the company, what kind of influence does he have? 

As a founder and former CEO, Bill Gates is still a major player within Microsoft. His opinions and ideas are highly valued, and he’s still on the company’s board of directors. 

Overall, the amount of stock a founder owns in their company can change over time, but it doesn’t necessarily reflect their level of involvement or influence.

What is the net worth of Microsoft?

Microsoft’s net worth is currently $2.5 trillion

This value had almost doubled from $1.6 trillion in late-2022 when inflation rates were high—but is still short of the all-time high of $2.57 trillion in November 2021. 

But Microsoft’s net worth isn’t set in stone. These figures can shift depending on a bunch of factors—economic downturns, a meteor striking the CEO’s office, or even a new tech startup could all impact Microsoft’s value. 

That being said, Microsoft has been on fire lately, with their most recent quarter showing revenue growth of $52.9 billion (an increase of 7%). 

And it looks like the tech company is looking to the future after saying, “At Microsoft, we believe artificial intelligence (AI) is the defining technology of our time.” 

Discover why net worth isn’t always a good indicator of future value

How Did Bill Gates Get Rich?

Bill Gates and his childhood friend Paul Allen started Microsoft in 1975. Fast forward to today, and Microsoft is one of the most successful tech companies in the world—worth a huge $2.5 trillion

Back in the day, Bill Gates was the man behind the curtain at Microsoft, calling the shots and making things happen. 

Through his leadership, Microsoft became a tech powerhouse, developing operating systems and software programs we all know and love, like Windows and Office.

And that success didn’t go unnoticed. Gates’s net worth is now over $116 billion, making him the fifth richest person on the planet. 

But it’s not just Microsoft that’s been boosting Gates’s bank account. Bill Gates’s portfolio is packed with money-making ventures. 

Here are some of his most profitable investments:

  • Berkshire Hathaway
  • Waste Management, Inc.
  • Canadian National Railway Company 
  • Caterpillar Inc. 
  • Schrödinger, Inc.

Want to follow in this billionaire’s footsteps? Check out the top investment apps to get started. 

What Does Bill Gates Do With His Money?

With all that cash—fast cars, private islands, and a two-story dog mansion (hello, Paris Hilton) might come to mind. 

And while Bill Gates does own a pricey 16th-century Leonardo da Vinci manuscript, he’s also given plenty to charity. 

In fact, Bill Gates is one of the world’s largest donors to charitable causes

He and his wife, Melinda, founded the Bill and Melinda Gates Foundation in 2000, to which the couple have generously donated over $59 billion so far. 

Gates also invests his money in a variety of assets, including stocks, real estate, and other businesses

His stake in Microsoft is nothing to sneeze at, and he’s also invested in a bunch of other tech companies through his investment firm, Cascade Investment.

But it’s not all work and no play. Throughout the years, Bill Gates has splurged on a $40 million private jet, a 2,100-square-foot home library, a 4.5-acre vacation ranch, and a $43 million oceanfront home in Del Mar, California. 

However, it’s no secret that Bill Gates’ wealth has sparked lots of debate. Some people think he’s got too much of it, while others praise him for his philanthropic efforts. 

One thing’s for sure, Gates has well and truly made his mark on the world (take my Word for it). 

Key Takeaways 

  • 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.
  • Microsoft is a big reason behind his success—he currently owns 1.38% of Microsoft’s shares, which is worth around $28.6 billion. 
  • Bill Gates knows how to splurge—but he’s also one of the world’s largest charitable donors, starting the Bill and Melinda Gates Foundation back in 2000. 

FAQs

How much does Elon Musk make a day?

Elon Musk makes around $39.4 million a day—which can be broken down into $1.6 million an hour and an unbelievable $456.05 a second. 

How did we calculate this? 

Elon Musk’s billionaire status was first recognized in 2012 when he debuted at number 634 on Forbes’ billionaire list with a cool $2 billion. And from there, he climbed the ranks to the top in just under a decade.

To figure out Elon Musk’s average net worth over the past decade, we started by looking at the year he made his first billion dollars (and his second, for good measure) in 2012. Then, we subtracted his net worth in January 2013 from his current net worth (2,600,000,000) and divided it by ten.

Find out more about how much Elon Musk makes a year

What does Bill Gates do?

Bill Gates is a philanthropist, investor, and entrepreneur. However, he’s best known for co-founding Microsoft, one of the most successful tech companies in history. 

He has since dedicated much of his time and resources to charitable causes through the Bill and Melinda Gates Foundation. He also invests in a variety of assets, including stocks, real estate, and other businesses.

Fancy building up your own wealth? Discover the best ways to invest in 2023

How many billionaires are in the world?

There are approximately 2,640 billionaires in the world, with a combined net worth of $12.2 trillion, according to Forbes’ annual billionaire list. But this number can fluctuate from year to year based on changes in the global economy and other factors.

At the time of writing, here are the current richest people in the world:

  • Bernard Arnault & family: $219.7 billion
  • Elon Musk: $206.7 billion
  • Jeff Bezos: $147.0 billion
  • Larry Ellison: $132.6 billion
  • Bill Gates: $116.1 billion
  • Warren Buffett: $115.3 billion
  • Larry Page: $105.8 billion

Let’s take it down a notch and find out how many millionaires are in the world.

How much money does Bill Gates have?

The net worth of Bill Gates is approximately $116.1 billion, making him one of the wealthiest people in the world. This is largely due to his 1.38% share of Microsoft, which is worth around $28.6 billion.

But Gates has also donated billions of dollars to charitable causes over the years, and he has pledged to give away the majority of his wealth through the Bill and Melinda Gates Foundation.

Discover the net worth of other billionaires like Elon Musk and Jeff Bezos

How much does Bill Gates make a second?

Bill Gates makes $88.79 a second. That’s $5,327.25 a minute, $319,634.70 an hour, $7,671,232.88 ($7.6 million), and $2,800,000,000.00 ($2.8 billion) a year. 

So, in a single second, Bill Gates can buy five Big Macs, forty Chicken McNuggets, two large milkshakes, and fifteen McCafés to keep him hard at work. 

And if you think that’s a lot, check out how much Elon Musk makes in a single second

How rich is Bill Gates?

Bill Gates is the fifth richest person in the world, with an estimated net worth of approximately $116.1 billion. 

His wealth is largely attributed to Microsoft, which is worth around $28.6 billion—however, he also has several other investments in his portfolio. 

Despite his immense wealth, Gates has also dedicated much of his time and resources to philanthropic causes through the Bill and Melinda Gates Foundation.

What is Bill Gates known for?

Bill Gates is known for many things, but mostly for co-founding Microsoft, one of the most successful tech companies in history. 

He is also widely recognized for his philanthropic work through the Bill and Melinda Gates Foundation, which focuses on improving global healthcare and reducing poverty. 

Additionally, Gates is known for his innovative contributions to the tech industry and his dedication to using technology to advance societal progress.

Sources

See all

Real-Time Billionaires. (n.d.). Forbes. Retrieved April 27, 2023, from https://www.forbes.com/real-time-billionaires/

Peterson-Withorn, C. (n.d.). Forbes’ 37th Annual World’s Billionaires List: Facts And Figures 2023. Forbes. Retrieved June 4, 2023, from https://www.forbes.com/sites/chasewithorn/2023/04/04/forbes-37th-annual-worlds-billionaires-list-facts-and-figures-2023/

Bary, E. (n.d.). Bill Gates becomes $2 billion richer as Microsoft’s stock logs record price gain. MarketWatch. Retrieved June 4, 2023, from https://www.marketwatch.com/story/bill-gates-will-be-2-billion-richer-as-microsofts-stock-heads-for-record-price-gain-e7754270

Microsoft Net Worth 2010-2023 | MSFT. (n.d.). Retrieved June 4, 2023, from https://www.macrotrends.net/stocks/charts/MSFT/microsoft/net-worth

Kim, W. (2022, September 29). Tech billionaires lost $315 billion in 2022 and it genuinely doesn’t matter. Vox. https://www.vox.com/recode/2022/9/29/23377578/tech-billionaires-pandemic-wealth-2022

Foundation Fact Sheet (At A Glance). (n.d.). Bill & Melinda Gates Foundation. Retrieved June 5, 2023, from https://www.gatesfoundation.org/about/foundation-fact-sheet

World Bank Open Data. (n.d.). World Bank Open Data. Retrieved June 5, 2023, from https://data.worldbank.org

Hartmans, H. H., Avery. (n.d.). Bill Gates says he’ll eventually give all his wealth to his charity foundation. Here’s how the Microsoft cofounder spends his $114 billion fortune, from a luxury car collection to incredible real estate. Business Insider. Retrieved June 5, 2023, from https://www.businessinsider.com/billionaire-bill-gates-net-worth-spending-2018-8

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