# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C6e4fWctqu5
- **Gondola URL:** https://gondola.cc/posts/17856015-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/951b317da4ab25af46672da4e5d057f59420b03f0e45b9e3b4743f8dbd1dae02.jpg
- **Posted:** 2024-05-02T22:17:10.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

Bill Gates, the co-founder of Microsoft and a renowned philanthropist, has been slipping down the ranks of the world’s billionaires. 

Despite boasting a net worth of nearly $128 billion, Gates is at No. 9 on the Forbes Billionaire Index, a significant drop from his previous position at No. 7 a month ago. This marks his lowest ranking since 1990 when he ranked 16th. 

Gates has been recognized not only for his immense wealth but also for his environmental advocacy, which makes his ownership of superyachts somewhat controversial. In 2021, he paid about $25 million for his first superyacht — the Wayfinder, a 224-foot catamaran built by Astilleros Armon. The yacht is designed as a shadow vessel, typically accompanying a larger mothership, which until recently, was not disclosed to the public.

The mothership, referred to as Project 821, is under construction at Feadship. It will be one of the largest and most luxurious yachts the shipyard has built. Slated for delivery in 2024, Project 821 stretches 390 feet with an internal volume exceeding 7,000 gross tonnage (GT). 

Details about the yacht have been kept under wraps, but recent leaks reveal that it is on the market for 600 million euros ($642 million). The price tag is significantly higher than previous builds by Feadship, possibly because its unfinished state offers potential buyers a chance to customize the yacht.

Alongside Project 821, the Wayfinder is also listed for sale and was spotted on the charter market earlier this year, suggesting a shift in Gates’s approach to his assets.

## Stats

- **Views:** 0
- **Likes:** 2,980
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- **Comments:** 103

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

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