Billionaire Bill Gates Has 65% of His Foundation's $44 Billion Portfolio Invested in 3 Phenomenal Stocks
The latest update to the Gates Foundation portfolio shows some familiar names at the top of the list.
If Bill Gates held onto every share of Microsoft (NASDAQ: MSFT) stock he owned following the company's initial public offering (IPO) in 1986, he'd be worth well over $1 trillion. As it stands, he's still worth more than $100 billion.
Gates prudently sold off shares amid Microsoft's rise to invest in a diversified portfolio. Little did he know Microsoft would continue to grow well beyond the levels it reached in the 1990s to become the $3 trillion company it is today.
Gates started a foundation in his father's name in 1994 to support global health, which eventually became part of the Bill & Melinda Gates Foundation in 2000. Over the last 30 years, Bill and ex-wife Melinda have given away $47.7 billion of their wealth. The only people giving more are Warren Buffett and his family, according to Forbes. One of the beneficiaries of Buffett's donations is the Bill & Melinda Gates Foundation, where he served as a trustee from 2006 to 2021.
