Gates lost 30% of his wealth — equaling $51-52 billion — due to his philanthropic spending, dropping him to 12th place among his peers. The Microsoft co-founder was replaced by Steve Ballmer — his ...

Microsoft co-founder Bill Gates has fallen to 12th place in wealth rankings after reducing his fortune from $175 billion to ...

Bill Gates’ net worth has dropped by $51 billion in recent days as the billionaire steps up his charitable giving. The Microsoft co-founder now sits at 12th place on the Bloomberg Billionaires Index, ...