Bill Gates gave so much money away that $51 billion just got swiped from his net worth—now his former assistant is wealthier than him

Why did Trump impose 50% tariff on copper imports? How will new tariffs affect Prime Day deals? What caused Meta to poach Apple’s AI executive? Why did Tesla shares fall after Musk’s political move? How did Texas floods impact federal disaster response? What’s behind WeightWatchers’ bankruptcy exit and rally? Why are investors buying more U.S. homes now?

Bill Gates gave so much money away that $51 billion just got swiped from his net worth—now his former assistant is wealthier than him

fortune.com/2025/07/08/billionaire-bill-gates-billionaire-poorer-than-microsoft-assistant-steve-ballmer-net-worth-philanthropy

Billionaire Bill Gates was once crowned the richest man in the world for 18 years, but now his former assistant, Steve Ballmer has topped his wealth. After Gates’ net worth plummeted $51 billion to reflect his philanthropic spending, Ballmer took his spot as the fifth richest man in the…

This story appeared on fortune.com, 2025-07-08 15:32:48.