Bill Gates Speak at ASTMH 63rd Annual Meeting

Bill Gates speaks during the American Society of Tropical Medicine and Hygiene (ASTMH) 63rd Annual Meeting in the Grand Ballroom of the Downtown Marriott Hotel in New Orleans on Sunday, November 2, 2014. (Photo by Peter G. Forest) (Peter Forest)

The richest man in the world, Bill Gates, saw his wealth reach an all-time high last week. According to Bloomberg, a good week on the stock market brought the Microsoft founder’s fortune to $90 billion.

Strong performances from Canadian National Railway Co. and Ecolab Inc. moved Gates $13.5 billion ahead of the second richest man in the world, Spanish retail magnate Amancia Ortega.

Gates was Microsoft’s largest single stockholder until 2014, when he stepped down as company chairman. His net worth surpassed $60 billion in 2012 and reached $80 billion two years later. Earlier this year It was down to $76 billion.

Gates’ wealth makes up 0.5 percent of the U.S. gross domestic product — or the value of all goods and services provided over a single year.

Read the complete brief from Bloomberg Technology.

 

Source: http://www.nola.com

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