No, Bill Gates does not own the world bank. The World Bank is an institution to assist impoverished countries and reduce the world poverty level.

The current President of The World Bank is Robert Zoellick.
Source(s):
http://www.worldbank.org/

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Hi! Let me put it in this way;

1. The World Bank has no owner. It is financial institution aimed towards providing financial help to needy or poor countries. It is an international institution and not owned by a single person or country. It is governed by a President.

2. Bill Gates is neither the owner nor the President of World Bank.

3. Robert B. Zoellick is the current President of World Bank.

4. It is true that Bill Gates is the Chairman of software giant Microsoft Corporation.

However, it is important to note here that World Bank is different from World Bank Group.

Hope that answer stands up to your expectations. Thanks
Source(s):
1. http://en.wikipedia.org/wiki/World_Bank
2. http://en.wikipedia.org/wiki/World_Bank_Group
3. http://wiki.answers.com/Q/Who_is_the_chairman_of_the_microsoft_corporation
4. http://en.wikipedia.org/wiki/Bill_Gates

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