Bill Gates just gave £3600000000 to charity

Bill Gates has probably directed more than 700 million shares of Microsoft into the foundation adjusting for stock splits

As a outcome, Bill Gates' share in Microsoft now stands at just around 1.3% of the company he co-founded with Paul Allen.

The Bill & Melinda Gates Foundation has focused on global health and development, as well as educational programs in the US.

Also, Gates' ownership of Microsoft shares have dipped below 2 percent for the first time, he now owns about 1.3 percent. He has reportedly given away around 64 million worth of shares of Microsoft Corporation, which account for $4.6 billion in charity.

"Microsoft co-founder Bill Gates is reducing his stake in the company to just 1.3 percent, after holding 24 percent of the software maker back in 1996", said Fortune. Gates is the second largest and current Microsoft CEO Satya Nadella is No. 3.

Gates probably has directed more than 700 million shares of Microsoft into the foundation, adjusting for stock splits, and he would be about US$50 billion richer today had he kept them.

It's the largest gift of Microsoft shares that Gates, 61, has made since 2000.

Gates remains the richest person on Earth even after the donation, with a fortune the Bloomberg Billionaires Index values at £67bn.

Gates' estimated net worth is $89.9 billion, as of July 2017.

One thing the latest donation (which represents five percent of Gates' total wealth) doesn't change is his status as the richest person in the world.

According to the filings, Gates still holds almost 103 million Microsoft shares, valued at US$7.54 billion.

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