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International Business Times UK
International Business Times UK
Vinay Patel

Two Major Reasons Why Bill Gates Is No Longer Part Of World's 10 Wealthiest Billionaires: Where'd His Money Go?

Microsoft co-founder Bill Gates has lost his spot among the world's top 10 wealthiest billionaires. Despite his wealth decline, Gates remains a prominent figure in philanthropy and continues to advocate for global health and pandemic preparedness. Photo: GETTY IMAGES NORTH AMERICA / GETTY IMAGES

Bill Gates, once a fixture at the top of the billionaire rankings, has slipped out of the world's top 10 wealthiest individuals.

In Forbes' latest annual ranking, Gates' net worth was valued at $107 billion, placing him ninth among American billionaires and twelfth globally. This marks the end of his 30-year streak within the top 10, with Forbes noting that his ranking has dropped three spots since last year, reaching its lowest point in nearly 25 years on the Forbes 400 list.

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