Billionaire Bill Gates Has 67% of His Foundation's $45 Billion Portfolio Invested in 3 Marvelous Stocks
Bill Gates quit his job as CEO of (NASDAQ: MSFT) in 2000 at age 44. He had already become the wealthiest person in the world, reaching centibillionaire status briefly in 1999. He slowly stepped back from the company he founded over the next 20 years, ultimately resigning from its board in 2020.
Gates' focus over the last 25 years has shifted from building a leading technology company to solving some of the world's toughest health, equality, and educational challenges through the Gates Foundation. In that time, he and ex-wife Melinda French Gates donated about $60 billion of their wealth, making them two of the biggest donors in history. Their philanthropic giving is only outdone by Gates' friend Warren Buffett, who has been a longtime donor to his foundation.
While Gates' fortune was built on Microsoft, he's mostly followed Buffett's investing style when it comes to his personal portfolio and that of the Gates Foundation trust fund. Buffett is a big proponent of the idea of putting a lot of your capital to work in just a few outstanding companies. As a result, over two-thirds of the Gates Foundation's trust's marketable equity portfolio is held in just three marvelous stocks all reflecting the combined influence of Gates and Buffett.
Source Fool.com
Microsoft Corp. Stock
With 139 Buy predictions and 3 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 495 € shows a positive potential of 22.54% compared to the current price of 403.95 € for Microsoft Corp..
