Three years ago, when stock in Microsoft, the company Mr. Gates co-founded, hit an all-time high of $119 a share, Mr. Gates was worth nearly $75 billion in Microsoft holdings alone.
Now, he is about $40 billion lighter, on paper, but he shrugs it off. "My value is still so much higher than I ever expected it to be by a factor of about 50," Mr. Gates said. "So the fact that at one point it was say, a factor of 60, well -- that wealth is all going back to society anyway."
Interesting... apparently he only planned on having a net worth of about $800,000,000. How modest.
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Three years ago, when stock in Microsoft, the company Mr. Gates co-founded, hit an all-time high of $119 a share, Mr. Gates was worth nearly $75 billion in Microsoft holdings alone.
Now, he is about $40 billion lighter, on paper, but he shrugs it off. "My value is still so much higher than I ever expected it to be by a factor of about 50," Mr. Gates said. "So the fact that at one point it was say, a factor of 60, well -- that wealth is all going back to society anyway."
Interesting... apparently he only planned on having a net worth of about $800,000,000. How modest.
Can someone put up a mirror to the article? It's been slashdotted