How much does Bill Gates earn per minute?

When it comes to billionaires, it’s impossible not to mention Bill Gates. The co-founder of Microsoft has such an immense fortune that few can imagine it in practical terms. Therefore, to put his wealth in perspective, we tell you how much he earns per minute and other curious facts about his wealth.

Gates has an estimated fortune of $112 billion and is currently the fifth richest person in the world, according to the Bloomberg Billionaires Index. However, in mid-July, he assured me that he would soon be removed from the list.

“I plan to give virtually my entire estate to the foundation,” he said on his personal blog, referring to his philanthropic organization Bill & Melinda Gates Foundation. He also announced that he would start by transferring 20,000 million dollars to the charity fund that he shares with his ex-partner De him.

In March 2020, the tycoon resigned as director of his software manufacturing company, which he co-founded with Paul Allen in 1975. Much of his fortune comes from the 1.3% of shares he still holds in Microsoft. According to data from Bloomberg, Gates has received more than $56 billion in stock and dividends from Microsoft and other companies.

The rest he has earned through Cascade Investment, the holding company or ‘portfolio company’ he created with his Microsoft profits. It owns stakes in dozens of companies, hedge funds, bonds, stocks, real estate, and energy assets. All this has placed him on the list of the richest people in the world for decades.

How much money does Bill Gates make and how much can he spend?

Although the billionaire warns that a strong global crisis is coming in the coming months and assures that we should “save as pessimists”, everything indicates that he would not be in great trouble to survive in a complicated economic scenario.

If we do calculations from his current wealth, Gates could spend, without problem, a million dollars a day for 306 years. He is also about 200 times richer than England’s Queen Elizabeth II, whose fortune is estimated to be between $500 million and $600 million in 2022, according to the British outlet The Times.

His wealth exceeds that of the richest people in Spain, Italy and Canada combined. Amancio Ortega, the owner of Inditex, has 51,000 million dollars; Giovanni Ferrero, owner of the chocolate empire that bears his last name, has $33 billion, and Chinese-Canadian businessman Changpeng Zhao, founder, and CEO of Binance, has $27 billion.

According to Business Insider estimates, Bill Gates earned $41 billion between May 2020 and May 2021. This means he added about $1,300 per second, or $78,000 per minute, to his wallet. That is, 26,700 Mexican pesos and 1.6 million pesos, respectively, at the current exchange rate.

However, his earnings are no longer the same as that year. Now, the medium FayerWayer calculates that, between his investments and his assets, Bill Gates currently earns about 463 dollars (9,500 MXN) every second and in one minute he makes 27,780 dollars (571,000 MXN). Although it is less than last year, it is still an impressive figure.