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Forbes Daily Briefing

Bill Gates Would Be Worth A Lot More Than Elon Musk If He’d Kept His Microsoft Stock

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 19 May 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

If he’d never given away a dime or sold a share of the software giant, Gates would have nearly 10 times more to give away. He'd also likely be the world's first trillionaire.

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Transcript

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0:00.0

Here's your Forbes Daily Briefing, bonus story of the week.

0:05.0

Today on Forbes, Bill Gates would be worth a lot more than Elon Musk if he'd kept his Microsoft stock.

0:13.0

In early May, Bill Gates publicly reiterated that he'll give away almost all of his remaining wealth

0:19.0

and wind down the namesake charitable foundation he co-founded with his ex-wife, Melinda French Gates, by the end

0:25.4

of 2045.

0:27.9

Fueled by Microsoft's soaring stock price and dividends, Bill and Melinda have already poured

0:32.4

a combined $60.2 billion into the Gates Foundation since its founding in 2000, helping cement their status

0:40.0

as America's second biggest philanthropists. Even after their generosity, they're still the 13th

0:46.3

and 56th richest people in the world, worth an estimated $113 billion and $30.4 billion, respectively.

0:55.2

But what if Bill and Melinda never discovered philanthropy and never sold a share of Microsoft?

1:01.9

Forbes figures they'd be worth $1.5 trillion combined, and Bill would likely be the world's first

1:09.4

trillionaire, with a $1.2 trillion fortune, even after his

1:13.9

2021 divorce.

1:15.9

That's more than triple the net worth of Elon Musk, the richest person ever.

1:20.3

Musk's estimated net worth is $38 billion, though he peaked at $464 billion in December.

1:27.9

Melinda, meanwhile, would be worth an estimated $300 billion, assuming she would have gotten the

1:32.8

same estimated percentage of the couple's assets in the divorce, which would make her

1:36.9

the third richest person in the world after Bill and Musk.

1:41.5

Just before he took Microsoft Public in 1986, Bill owned 11.2 million shares of the company,

1:48.1

representing a 49% stake worth around $200 million based on the IPO price.

1:54.1

If he'd held on to all of that stock for the next four decades, he and Melinda would now own

1:59.0

3.2 billion shares combined after stock splits,

...

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