Billionaire Steve Ballmer bought the LA Clippers in 2014 after a run as Microsoft's CEO. These days, he's focusing his energy ...

Bloomberg recalculated Bill Gates' net worth as $52 billion lower to reflect charitable giving, sending him seven places down ...

Bill Gates net worth has been cut by $52 billion after Bloomberg recalculated his fortune to reflect his huge charitable ...

Bill Gates now ranks behind other tech heavyweights such as Larry Page and Sergey Brin (co-founders of Alphabet), Jensen ...

Gates currently holds about 1% of Microsoft and has received over $60 billion in stock and dividends from the company, Bloomberg reported. The majority of his wealth is now managed by Cascade ...

Bill Gates has fallen out of the top ten richest people due to a recalculation reflecting his significant charitable ...

Bill Gates's net worth is down $35 billion this year. He has given a great deal of money away. He has sold Microsoft stock.

The change lowered his net worth by 30%, sending him seven places down Bloomberg's rich list. Gates now sits in 12th place, behind his former assistant, Steve Ballmer, in fifth.

Ballmer went to Harvard… where he managed the football team… and struck up a close, fateful friendship with another gawky math type: Bill Gates. Gates dropped out to start a software company.

Bill Gates lost $52 billion of his net worth this week, dropping to 12th place on the Bloomberg Billionaires Index due to recalculations reflecting his charitable donations.