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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

January 2, 2013 at 3:32 PM

Bill Gates up $7 billion in 2012, world’s second richest

Seattle’s tech billionaires got richer in 2012, according to Bloomberg’s billionaire index, which released a year-end report today.

Bill Gates gained $7 billion last year, bringing his estimated net worth to $62.7 billion, according to Bloomberg.

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Jeff Bezos also jumped up the list with a $6.9 billion gain last year as his company’s stock jumped 45 percent.

Bezos is now worth an estimated $23.6 billion, putting him at 20th place globally. He’s also ahead of the Google guys and his former landlord, Paul Allen.

Overall the world’s billionaires added $241 billion to their collective worth, Bloomberg reported. Only 16 of the top 100 billionaires saw a net loss in 2012.

Gates benefited from Microsoft stock rising 2.9 percent last year, though his holdings in the company now account for less than 20 percent of his fortune.

The gains weren’t enough for Gates to overtake Mexico’s Carlos Slim, who remains the world’s richest.

But Gates still is the richest tech billionaire. Four of the top 10 tech billionaires live in the Seattle area. Bezos is in third place and Allen is in seventh, just ahead of Steve Ballmer.

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Comments | Topics: Amazon.com, Bill Gates, Billionaire techies

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