Bill Gates gives away Microsoft shares worth $4.6 billion to charity

Bill Gates releases mosquitoes at 2009 TED Talk in Long Beach. Image via

Bill Gates has a long history of giving up his Microsoft shares.

While the recipient of the riches wasn't named in the filing, it's safe to say the shares went to the Bill and Melinda Gates Foundation.

In the meantime, this is noteworthy: With the stock gift, Gates' personal Microsoft holdings have dipped below 2 percent for the first time, to about 1.3 percent, by Bloomberg's calculations. Image via YouTube.comBill Gates is giving $4.6 billion to charity - probably his own foundation. The 61-year-old gave away $16bn of Microsoft shares in 1999 and $5.1bn a year later. Ballmer has been Microsoft's largest individual shareholder since 2014 or so.

Spokesmen for Microsoft and Gates didn't immediately respond to requests for comment.

As per a Bill & Melinda Gates Foundation's most recent financial statement, after the most recent donation, Gates' overall charitable donations now account for approximately $50 billion.

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The world's richest man gave away 64 million Microsoft shares, equivalent to five per cent of his total fortune.

Bill Gates is now the world's richest man, although last month he was briefly knocked off the top spot by Amazon's founder and CEO Jeff Bezos for a couple of hours after a brief surge in Amazon's share price.

Gates remains the richest person on earth after the donation with a fortune the Bloomberg Billionaires Index valued at US$86 billion as of 10:40am yesterday in NY.

Gates' estimated net worth is $89.9 billion, as of July 2017.