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Bill Gates could become world’s 1st trillionaire, says Oxfam

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Microsoft founder Bill Gates will be world’s first trillionaire in the next 25 years, according to a new research. According to research firm Oxfam International, the world would get its first billionaire in the next 25 years, when Bill Gates becomes around 86 years old. A report by Oxfam International said that considering that Bill Gates’ fortune is growing at 11 per cent per year since 2009, he could become the world’s first trillionaire soon.

When Gates left Microsoft in 2006, his net worth was USD 50 billion, according to Oxfam. By 2016, his wealth had increased to USD 75 billion, “despite his commendable attempts to give it away through his Foundation,” the report said.

For the hypothetical analysis, Oxfam researchers applied the rate of growth he has been enjoying, 11 per cent per year since 2009, to Gates’ current levels of wealth (over USD 84 billion, according to Forbes).

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