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Bill Gates Is No Longer The Richest Man

Bill Gates Is No Longer The Richest Man

We generally don’t cover finance stories, but when it involves someone that can really be considered the founder of geek, it becomes new worthy. Bill Gates, the Chairman for Microsoft may have a net value of $53 billion but that’s only good enough for second spot on Forbes list of the richest people in the world.

Top spot now belongs to Carlos Silm Helu, a Mexican telecommunications mogul who has a net value of $53.5 billion. On hearing that he outed Gates for the top honor, Silm Helu was quoted as saying “I’ve got more money than you.” Still, Gates has done very well for himself and in essence has really moved on to a new chapter in his life as his wife and him now run the Bill and Melinda Gates Foundation, a philanthropic organization that is involved in fighting hunger, disease and other social issues throughout the world. Although Gates may not have as active a role with Microsoft as he once did, you can see that technology is still an important facet of his life as one of the recent projects funded through his charitable foundation involved the use of laser technology to shoot down disease causing mosquitoes.

Via: CNET

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