Updated Jul 5, 2025 20:44 IST
Bill Gates is no more world’s top 10 billionaire. Image: facebook.com/BillGates/ ET Now Digital
Bloomberg report cites that the sudden fall of Gates personal wealth was due to his massive charitable giving and donation to Gates Foundation. Earlier in a blog post, Gates shared his plan to donate his personal wealth of USD billion over the next 20 years.
Till last year, Bill Gates and his former wife Melinda French Gates donated a whopping USD 60 billion to the Gates Foundation. His longterm friend Warren Buffet also contributed a staggering USD 43 billion. In June this year, Buffet donated another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities, his biggest annual donation since he began giving away his fortune nearly two decades ago.
The donation of about 12.36 million Berkshire Class B shares boosted Buffett’s overall giving to the charities to well over $60 billion, news agency Reuters reported.
Bill Gates’ predictions on future workplace
Bill Gates pointed out that since OpenAI introduced ChatGPT in 2022, AI has changed the way people think and work. Today, AI chatbots like Gemini, Grok, and DeepSeek are being used more and more, making many professionals worry about job losses in different industries.
The idea of working fewer days a week is not new for Gates. In 2023, when AI tools like ChatGPT were becoming popular, he suggested that people might shift to a three-day workweek. Now, with AI developing so quickly, he has made an even bolder prediction—AI will soon handle most routine jobs in factories, transport, and food production, reducing the need for human workers.
End of article
