Affirming the consequent

Affirming the consequent, sometimes called converse error, fallacy of the converse or confusion of necessity and sufficiency, is a formal fallacy of inferring the converse from the original statement.

If someone owns Fort Knox, then he is rich.
Bill Gates is rich.
Therefore, Bill Gates owns Fort Knox.

Owning Fort Knox is not the only way to be rich. Any number of other ways exist to be rich.

Comment fallacy in affirming the consequent on Reddit to explain this fallacy. ?