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Most Generous On Earth

Young Bill Gates
Bill Gates
Bill Gates
One of publisher Aaron Stipkovich's philanthropic hero's, William Henry "Bill" Gates III (born October 28, 1955) is an American business magnate, computer programmer and philanthropist. He is consistently ranked among the world's wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third. | Photo: Microsoft | Bill Gates, Microsoft, Genius, Wealth, Philanthropist, Billionaire,

Bill Gates is again the richest person on earth $87B

Some things never change: Bill Gates is still the richest person in the world. He’s been among the wealthiest since Microsoft went public in 1986, and he only got richer as the company's software became the de facto standard on computers around the world.

Gates' net worth today sits at $87.4 billion, according to new Wealth-X data on the world's 50 richest people. That makes Gates more than $20 billion richer than runner-up Amancio Ortega, the man behind Spanish fashion behemoth Zara.

Despite a pledge to donate half of his wealth — his personal lifetime giving already exceeds $27 billion and makes him the most generous person on earth — Gates is still earning money faster than he can give it away.

"I'm certainly well taken care of in terms of food and clothes," he said in a 2013 Telegraph article. "Money has no utility to me beyond a certain point. Its utility is entirely in building an organization and getting the resources out to the poorest in the world."

Since stepping down as CEO of Microsoft in 2000, Gates has shifted his focus to global philanthropy. He and his wife Melinda run one of the most powerful charitable organizations in the world, controlling an endowment of more than $40 billion.

The Bill & Melinda Gates Foundation regularly donates millions to causes in agricultural development, emergency relief, urban poverty, global health, and education. The foundation made its largest single donation ever in 2014 — a $50 million gift to fight the spread Ebola in West Africa.

Gates is one of 29 Americans and 12 tech moguls to make the cut for the 50 richest people in the world.

Tanya Loudenback

Tanza writes for the lists team at Business Insider. She graduated from Elon University in 2015 with a degree in print and online journalism and a minor in Italian studies.

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Updated Jun 7, 2017 5:46 AM EDT | More details

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