Gates has since retired from the day-to-day business of Microsoft and is focusing his efforts on his philanthropic causes through the Bill & Melinda Gates Foundation. These causes included the production of a malaria vaccine, gun control reform and education reform.A The foundation has a substantial investment portfolio. Its investment philosophy is to use the Foundation’s capital to help companies create solutions to complex and entrenched problems.
The following are some of the Foundation’s most significant holdings, including their market values as of the June 30, 2020 filing date with the U.S. Securities and Exchange Commission (SEC).
The largest holding in the Foundation’s portfolio is Berkshire Hathaway, Inc. (BRK.B). The Foundation owns nearly 40 million shares of Berkshire Hathaway stock, with a market value of just over $7 billion.AA
Berkshire Hathaway is one of the largest companies in the S&P 500, with a market capitalization of $522.43 billion. The company ranked sixth on 2020 Fortune 500 list.ABill Gates has developed a very close relationship with Warren Buffett since they met in 1991; Gates served on the Berkshire Hathaway Board of Directors until March 2020.AABoth investors have signed a pledge to donate a significant portion of their fortune to philanthropic causes.AA
What bill gates invests in
Huizenga was a cult figure for some of his followers, business investors who watched him turn Blockbuster Entertainment into the leading video rental company by buying out his competitors’ businesses.
He made it to Forbes’ list of the 100 richest Americans and was chairman of Republic Services, one of the nation’s largest garbage companies, and AutoNation, the nation’s largest car dealership. In 2013, Forbes estimated his wealth at $2.5 billion….
What bill gates studied
No software, no banks, no bricks. What the big fortunes want to invest in is garbage. Or rather, in the recycling of garbage, an unglamorous business, but one that is growing strongly and is expected to have a very profitable future.
Bill Gates, founder of Microsoft, and Mario Losantos are shareholders of Waste Management, the largest company in the sector, with a stock market value of US$17.35 billion (12.5 billion euros). (12.5 billion euros). Gates is also a shareholder of Republic Services, where he controls 15%, and in which Warren Buffett also participates (with 2.8%).
The Microsoft founder, through his investment company Cascade and the Foundation he manages with his wife, Melinda, declared in September that he controls 5% of Waste Management. This position doubles what the IT tycoon had previously reported.
The increase gives Losantos’ stake a value of US$1.153 million. This investment is the largest of all those made by the businessman since his family sold Riofisa for 2 billion euros in 2007.
Bill gates fortune
Morris Jr.As executive vice president and chief operating officer (COO) of Waste Management, John Morris has responsibility for all field operations, including oversight of collections, disposal, recycling and landfills.
In 1968, Harm’s grandson, Wayne Huizenga, and two other investors, Dean Buntrock and Larry Beck, had a vision. They wanted to serve their community by properly managing the waste produced by a rapidly growing population that was increasingly consuming products manufactured for their convenience.
The Foundation owns 4.4% of Waste Management’s stock. … Prior to the financial crisis, Gates’ various investment firms owned about 2.3% of Waste Management. It also owned about 18% of Republic Services (NYSE: RSG), which was, at the time, the nation’s third-largest waste services company by revenue.
The leading waste management company in the United States is aptly named Waste Management, inc. In 2020, Texas-based Waste Management, Inc. reported revenues of $15.22 billion. This was followed by another Texas-based waste management company, Republic Services.