{"id":642264,"date":"2023-04-27T22:05:47","date_gmt":"2023-04-28T03:05:47","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/27\/bill-gates-became-2-billion-richer-today\/"},"modified":"2023-04-27T22:05:47","modified_gmt":"2023-04-28T03:05:47","slug":"bill-gates-became-2-billion-richer-today","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/27\/bill-gates-became-2-billion-richer-today\/","title":{"rendered":"Bill Gates Became $2 Billion Richer Today"},"content":{"rendered":"<div>\n<p>How&#8217;s this for passive income? <a href=\"https:\/\/www.entrepreneur.com\/topic\/bill-gates\" rel=\"follow noopener\" target=\"_self\">Bill Gates<\/a>, who is already <a href=\"https:\/\/www.bloomberg.com\/billionaires\/\" rel=\"nofollow noopener\">worth $122 billion<\/a>, raked in $2 billion today just for watching Microsoft&#8217;s stock soar 7.2% in a Wednesday rally.<\/p>\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/bill-gates-will-be-2-billion-richer-as-microsofts-stock-heads-for-record-price-gain-e7754270\" rel=\"nofollow noopener\">Marketwatch<\/a> reports that Gates had a banner day on Wall Street, as Microsoft&#8217;s shares increased by $19.95 to $295.37, the company&#8217;s largest single-day gain in 52 weeks. Gates is Microsoft&#8217;s largest investor, owning around 103 million shares, which adds up to a little over 1% of the company. Not too shabby \u2014 considering Microsoft has a market cap of $2.2 trillion.<\/p>\n<p>Financial analysts said Microsoft benefited today from better-than-average quarterly earnings. Wall Street is also <a href=\"https:\/\/www.barrons.com\/articles\/microsoft-stock-price-earnings-ai-cloud-7cfc526d\" rel=\"nofollow noopener\">enthusiastic about its AI offerings<\/a>.<\/p>\n<p>Today&#8217;s news was not only good for Gates but for investors in general, as Wall Street rallied from its worst day in a month.<\/p>\n<p>Still, Gates will need quite a few more days like this before he even gets close to the <a href=\"https:\/\/www.entrepreneur.com\/business-news\/the-worlds-richest-man-bernard-arnault-surpasses-200\/449228#:~:text=The%20World's%20Richest%20Man%20Bernard%20Arnault%20Surpasses%20%24200%20Billion%20%7C%20Entrepreneur\" rel=\"follow noopener\" target=\"_self\">world&#8217;s richest man Bernard Arnault, who is worth over $200 billion<\/a>.<\/p>\n<p><b><a href=\"https:\/\/www.entrepreneur.com\/business-news\/bill-gates-says-chatgpt-is-revolutionary-in-new-blog-post\/448138\" rel=\"follow noopener\" target=\"_self\">Related: &#8216;The Age of AI Has Begun&#8217;: Bill Gates Says This &#8216;Revolutionary&#8217; Tech Is the Biggest Innovation Since the User-Friendly Computer<\/a><\/b><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.entrepreneur.com\/business-news\/bill-gates-became-2-billion-richer-today\/450477\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Jonathan Small<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How&#8217;s this for passive income? Bill Gates, who is already worth $122 billion, raked in $2 billion today just for watching Microsoft&#8217;s stock soar 7.2% in a Wednesday rally.Marketwatch reports that Gates had a banner day on Wall Street, as Microsoft&#8217;s shares increased by $19.95 to $295.37, the company&#8217;s largest single-day gain in 52 weeks.<\/p>\n","protected":false},"author":1,"featured_media":642265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1624,367],"tags":[],"class_list":{"0":"post-642264","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-became","8":"category-gates"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=642264"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/642264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/642265"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=642264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=642264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=642264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}