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Thread: Interesting facts on Bill Gates

  1. #1


    Interesting facts on Bill Gates

    On July 7, 1998 Bill Gates, was the richest man on the planet, was worth _56.8 billion (Rs.2.39 lakh crore) This is 15.9 per cent of India's 1996 gross national product (GNP) of _357.8 billion (Rs.15 lakh crore), or more than 60 per cent of India's total external debt (_93 billion). Singlehandedly, Gates could wipe out India's Rs.86,350 crore fiscal deficit- and still have 64 per cent of his wealth intact.

    His wealth is more than the GNPs of 85 nations, which is nearly half the number of countries in the world. In fact, it is more than the combined GNP of the 29 poorest nations, of which the three richest are zambia(GNP _3.4 billion, Cambodia (_3.1 billion), and Angola (_3 billion).

    There are 5.93 billion people on the planet. If all of Gates' wealth was distributed equally to the citizens on th earth, each person - including Bill Gates - would get Rs.402.29. If the money was divided among Indians only, every Indian would be righer by Rs.2,511.16, which is approximately twice India's per capita monthly income.

    If Gates gave away Rs.1 crore every day, he would have to live for another 653 years to give it all away.

    If the money was distributed over every gram of Gates' body (assuming Gates weighs 80 kg), each gram would be worth Rs.2.98 crore - enough to buy 6,000 sq.ft. of property in New Delhi's posh Vasant Vihar area, with Rs.34 lakh left over to furnish it. A pound of Gates' flesh is worth Rs.1,355 crore - 73 per cent of the A-group shares on the Bombay Stock Exchange, and 98 per cent of the 4,799 companies traded there, have a lower market capitalisation.

    He could buy 4786 listed companies with his _56.8 billion. Starting from the top, he would be able to buy all the shares of the 33 most capitalised companies in India - Hindustan Lever, ONGC, Indian Oil, ITC and Reliance included - but would find it difficult to buy the 34th company; for that he would have to shell out another Rs.1083 crore - or gain 364 grams! Assuming, of course, that prices remain stable when Gates starts buying up the shares.

    One of the most expensive properties available in India today is a 6,000 sq.ft. apartment at Kemp's Corner in Mumbai on offer for Rs.10.5 crore. Gates could buy 22,720 such apartments - if they existed.

    The source of Gates' wealth, we all know, is his 21.9 per cent holding in Microsoft, a company which contributes 60 per cent to the market capitalisation of the world's software companies. Since Microsoft went public on March 13, 1986 at _21 a share te stock has split seven times. Had it not done so, the value of each share would have been _7798.50 (Rs.3.2 lakh), instead of the current _108 (Rs.4,536). Since Microsoft went public, Gates has been increasing his
    wealth at the rate of 61.65 per cent per annum. That is _388,001 (Rs.1.63 crore) per minute, or _145.77 (Rs.6122) per second. If he maintains this rate of growth, he will become a trillionaire (1 followed by 12 zeros) on June 26, 2004.

    If all of Gates' money were in Re.1 notes, and if they were placed end to end, they would stretch for 229,017,600 km. That means 298 round trips to the moon. Or enough to go to Mars, plus a return trip to the moon, plus Rs.3.5 lakh to spare. If you could travel on these notes at the speed of sound, it would take you more than 21 years to reach the end; at the speed of light, it would take you almost 13 minutes (it takes eight minutes for light to travel from the sun to the earth). If you spread the notes out instead of laying them end to end, they would cover 400,806 or about 12.2 per cent of the area of India.

    If Gates liked making expensive movies, he could make Titanic - the most expensive film ever made - 284 time.

    source: Inteligent Investor

    Amazing, isn't it?

  2. #2
    he is not the richest person in the world now..
    some Russian or Mexican business tycoon has overtake him...

  3. #3
    yeah i knew that my mistake i have corrected it

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