Bill Gates aimed to become a millionaire by the age of 30. However, he became a billionaire by 31.
Gates had reportedly once told his university teachers that he aims to become a millionaire by the age of 30. However, he went on to become a billionaire by the age of 31.
In 1986, the year Microsoft went public with the IPO price of $21/share, Gates became a billionaire. Microsoft stock went public at $21 per share, rising to $28 per share by the end of the first trading day. Initial public offering raised roughly $61 million. In 1992, Forbes declared Gates to be the richest man in America, worth $6.3 bn. In 1995, Gates became the richest man in the world.