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Even after losing $18 billion, Bill Gates still has a net worth of $40 billion. As you might know, Bill Gates is a self-made billionaire, earning his money as an entrepreneur. Gates was one of the early disk operating system pioneers and started a software company with some of his peers. The company became Microsoft. One of the main breaks for Gates was an agreement with IBM for an operating system for $50,000. Since he did not transfer the copyright to IBM, he was able to continue making money of the MS-DOS system as other hardware vendors cloned the system. Gates has been accused of unsavory business practices in the past, and was recently involved in anti-trust proceedings in the European Union, but there is no denying the success of Microsoft. Gates now devotes a great deal of money and time to his philanthropic efforts, through the Bill and Melinda Gates Foundation
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