Microsoft co-founder Bill Gates has fallen to 12th place in wealth rankings after reducing his fortune from $175 billion to ...

Tech billionaire Bill Gates has dropped out of the world’s top 10 richest after a wealth recalculation slashed his net worth ...

Gates lost 30% of his wealth — equaling $51-52 billion — due to his philanthropic spending, dropping him to 12th place among his peers. The Microsoft co-founder was replaced by Steve Ballmer — his ...