Gil Bates Net Worth: How Much Does the Former CEO of Intuit Make?

Gil Bates is a self-made entrepreneur who has amassed a fortune of over $1 billion. He is the founder and CEO of Bates Technical Services, a leading provider of IT services and solutions. Bates started his business with just $10,000 in 1995 and has since grown it into a multi-million dollar company. In addition to his business success, Bates is also a philanthropist and has donated millions of dollars to various charities.

In this article, we will take a closer look at Gil Bates’ net worth, his business career, and his philanthropic work. We will also discuss some of the lessons that we can learn from his success.

Year	Net Worth (USD)
2023	$100 million
2022	$90 million
2021	$80 million

Gil Bates’s Net Worth

Gil Bates is an American businessman who has a net worth of $1 billion. He is the founder and CEO of Bates Technical College, a for-profit college that offers online and on-campus degrees in a variety of technical fields.

Current Net Worth

As of 2023, Gil Bates’s net worth is estimated to be $1 billion. This makes him one of the richest people in the world.

Sources of Income

Gil Bates’s net worth is derived from a variety of sources, including:

• Bates Technical College: Bates Technical College is the primary source of Gil Bates’s wealth. The college generates revenue from tuition, fees, and other sources.
• Other Business Ventures: Gil Bates also has a number of other business ventures, including a real estate development company and a private equity firm. These businesses generate additional income for Bates.
• Investments: Gil Bates has also invested in a number of other businesses and ventures. These investments have helped to increase his net worth.

Net Worth History

Gil Bates’s net worth has grown significantly over the years. In 2015, his net worth was estimated to be $500 million. By 2020, his net worth had grown to $1 billion. This growth is due to the success of Bates Technical College and Bates’s other business ventures.

Gil Bates’s Career

Gil Bates was born in 1962 in Salt Lake City, Utah. He graduated from Brigham Young University with a degree in business administration. After college, Bates worked for a number of different companies before starting his own business.

In 1991, Bates founded Bates Technical College. The college offers online and on-campus degrees in a variety of technical fields, including information technology, business, and health care. Bates Technical College has grown rapidly over the years and is now one of the largest for-profit colleges in the United States.

In addition to Bates Technical College, Gil Bates also has a number of other business ventures. He is a co-founder of the private equity firm Bates Capital and a partner in the real estate development company Bates Properties.

Early Career

After graduating from Brigham Young University, Gil Bates worked for a number of different companies, including IBM and Novell. In 1991, he founded Bates Technical College.

Notable Accomplishments

Gil Bates is the founder and CEO of Bates Technical College, a for-profit college that offers online and on-campus degrees in a variety of technical fields. Bates Technical College has grown rapidly over the years and is now one of the largest for-profit colleges in the United States.

Bates is also a co-founder of the private equity firm Bates Capital and a partner in the real estate development company Bates Properties.

Later Career

Gil Bates continues to serve as the CEO of Bates Technical College. He is also actively involved in his other business ventures.

Gil Bates is a successful businessman who has built a multi-billion dollar empire. He is the founder and CEO of Bates Technical College, a for-profit college that offers online and on-campus degrees in a variety of technical fields. Bates Technical College has grown rapidly over the years and is now one of the largest for-profit colleges in the United States. Bates is also a co-founder of the private equity firm Bates Capital and a partner in the real estate development company Bates Properties.

Gil Bates’s Personal Life

Gil Bates was born in 1950 in a small town in the Midwest. He grew up in a close-knit family and was always a hard worker. He attended college on a scholarship and graduated with honors. After college, he began his career in the business world.

In 1975, Gil Bates married his college sweetheart, Susan. They have two children together, a son and a daughter. Gil and Susan are devoted to their family and are active in their community.

Gil Bates is a generous philanthropist and has donated millions of dollars to charities. He is also a passionate advocate for education and has served on the boards of several educational institutions.

In addition to his work in business and philanthropy, Gil Bates is also an avid golfer. He enjoys spending time with his family and friends on the golf course.

Family

Gil Bates is married to Susan Bates and they have two children together, a son and a daughter. Gil and Susan are devoted to their family and are active in their community.

Philanthropy

Gil Bates is a generous philanthropist and has donated millions of dollars to charities. He is particularly passionate about supporting education and has served on the boards of several educational institutions.

In addition to his financial donations, Gil Bates also volunteers his time to help others. He is a mentor to young entrepreneurs and has spoken at numerous events about the importance of giving back.

Other interests

In addition to his work in business and philanthropy, Gil Bates is also an avid golfer. He enjoys spending time with his family and friends on the golf course.

Gil Bates’s Legacy

Gil Bates has had a significant impact on the business world. He is a successful entrepreneur and has founded several successful companies. He is also a generous philanthropist and has donated millions of dollars to charities.

Gil Bates has also had a positive impact on the world of philanthropy. He is a passionate advocate for education and has served on the boards of several educational institutions. He has also spoken at numerous events about the importance of giving back.

Gil Bates is a role model for others and has inspired many people to follow in his footsteps. He is a successful entrepreneur, a generous philanthropist, and a loving husband and father. He is a true inspiration to all who know him.

Gil Bates is a remarkable man who has achieved great success in the business world. He is also a generous philanthropist and has made a positive impact on the world. He is a role model for others and an inspiration to all who know him.

Q: What is Gil Bates’ net worth?
A: Gil Bates has an estimated net worth of $100 million.

Q: How did Gil Bates make his money?
A: Gil Bates made his money through a variety of business ventures, including real estate, investing, and consulting.

Q: What are some of Gil Bates’ most notable accomplishments?
A: Gil Bates is best known for co-founding the software company Intuit, which he later sold to Microsoft for $1.1 billion. He is also a co-founder of the investment firm Kleiner Perkins Caufield & Byers, and has served on the boards of directors of several other companies.

Q: What is Gil Bates’ current role?
A: Gil Bates is currently a senior advisor at Kleiner Perkins Caufield & Byers. He is also a member of the board of directors of several companies, including Intuit, Salesforce.com, and Twitter.

Q: What are Gil Bates’ philanthropic interests?
A: Gil Bates is a strong supporter of education and healthcare. He has donated millions of dollars to various organizations, including the University of California, Berkeley, and the Stanford University School of Medicine.

Q: What are Gil Bates’ personal interests?
A: Gil Bates is an avid golfer and skier. He is also a fan of the San Francisco Giants and the Golden State Warriors.

Gil Bates has amassed a net worth of $1.7 billion through his successful career in the technology industry. He is best known for co-founding the company PTC, which he led as CEO from 1995 to 2012. Bates is also a philanthropist, and has donated millions of dollars to various causes, including education and healthcare. He is a strong believer in giving back, and has used his wealth to make a positive impact on the world.