Bill Gates ballooned his net worth to a staggering $62.7 billion in 2012, an increase of $7 billion, even after generously giving away $27 million in the calendar year.
The 57-year-old Microsoft founder saw his wealth increase significantly in 2012, retaining his spot atop the tech billionaires list.
The majority of the increase in his wealth can be attributed to Microsoft’s stock price increasing 2 percent this year.
In addition, Bill Gates capitalized on a company called Cascade Investments.
Despite Bill Gates’ massive increase in wealth, Mexico’s Carlos Slim is still the world’s richest man.
Jordan Shepherd | Elite.