It happened as the Microsoft co-founder announced he would make a $20bn (17bn) donation to his philanthropic fund.
The world’s fourth richest man said he had an obligation to return his resources to society.
Mr Gates first pledged to give away his wealth in 2010 but his net worth has more than doubled since then.
He is currently worth $118bn, according to Forbes magazine, but that will fall significantly after his donation in July to the Bill & Melinda Gates Foundation, the charitable fund he set up with his ex-wife in 2000.
As I look to the future, I plan to give virtually all of my wealth to the foundation. I will move down and eventually off of the list of the worlds richest people.
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