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Bill Gates has slipped to 12th place on the Bloomberg Billionaires Index after his net worth fell by nearly $52 billion in a week due to adjustments reflecting his extensive philanthropic commitments.

More tech workers feel the pain as Microsoft pivots. Suddenly, the world's most valuable company is going on without them.

Bloomberg recalculated Bill Gates' net worth as $52 billion lower to reflect charitable giving, sending him seven places down ...