Bill Gates believes another financial crisis is coming.
In an "Ask Me Anything" Q & A on Reddit this week, one user asked the Microsoft co-founder, "Do you think in the near future, we will have another financial crisis similar to the one in 2008?"
Gates, whose net worth is currently around $US91.7 billion, replied, "Yes. It is hard to say when but this is a certainty. Fortunately we got through that one reasonably well."
The 2008 financial crisis, which began in the United States mortgage market and quickly spread across the globe, was the worst economic downturn since the Great Depression, resulting in 8.7 million jobs being lost in the US and about 250,000 in Australia.
Gates said his friend, Berkshire Hathaway founder Warren Buffett, had "talked about this and he understands this area far better than I do".