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Bill Gates has dropped out of the top 10 richest people in the world for the first time in over three decades, largely driven by a long-term commitment to donate his fortune to the Bill & Melinda Gates Foundation [Bloomberg, Forbes]. As of 2025, with a net worth reduced by massive charitable transfers, Gates ranks 12th globally and intends to donate 99% of his wealth to philanthropy within two decades, moving below peers such as Elon Musk and Steve Ballmer [NDTV, LiveNowFox, Yahoo]. You can explore the historical context of the billionaire rankings at Wikipedia.