World will get it’s first trillionaire in the next 25 years!
Yes, that’s true according to reports, Microsoft founder Bill Gates will be the world’s first trillionaire in the next 25 years.
According to research firm Oxfam International, the world would get its first trillionaire in the next 25 years, when Bill Gates becomes around 86 years old.
A report by Oxfam International said that considering that Bill Gates’ fortune is growing at 11 per cent per year since 2009, he could become the world’s first trillionaire soon. Bill Gates will be the first trillionaire that world will get in next 25 years.
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What all report has revealed ?
Reports have revealed a lot of information which is indeed crucial. According to Oxfam when Gates left Microsoft in 2006, his net worth was $50 billion.
By 2016, his wealth had increased to $75 billion, “despite his commendable attempts to give it away through his Foundation,” the report added.
Bill Gates has done charitable work too.In addition to the charitable work Gates does through his personal foundation, he is one of the founding members of The Giving Pledge, a commitment from some of the richest individuals in the world to give away more than half of their worth.
Another report by Oxfam had found that eight billionaires, including Bill Gates, from around the globe have as much money as the 3.6 billion people who make up the poorest half of the world’s population.
According to the report, the eight billionaires, as per the Forbes billionaires list published in March 2016, include Warren Buffett, Microsoft founder Bill Gates, Inditex founder Amancio Ortega, Carlos Slim, Amazon chief executive Jeff Bezos, Facebook’s Mark Zuckerberg, former New York City Mayor Michael Bloomberg, and Oracle’s Larry Ellison.