Does Bill Gates own Costco?
Bill Gates Costco Wholesale Corp
Bill Gates and John D. Rockefeller are not directly related, but they do have some historical connections.
Republic Services – Gates(through Cascade) is the majority shareholder of this $40 billion waste management company and owns over 34% or 110 million of its shares.
Bill Gates Berkshire Hathaway Inc. - Class B
Bill Gates's position in Berkshire Hathaway is currently worth $8.96 Billion. That's 19.09% of their entire equity portfolio (2nd largest holding). The investor owns 1.04% of the outstanding Berkshire Hathaway stock. The first Berkshire Hathaway trade was made in Q2 2010.
The Bill & Melinda Gates Foundation owns 741,000 shares of Class B stock. Its current value is $115 million. However, this is only 0.29% of UPS's equity portfolio. This is just one of the Bill Gates companies related to shipping.
As of March 2020, when Gates stepped down from the Microsoft board, he owned about 1.3% of the software and computing company's shares. He has invested in dozens of companies including Republic Services and Deere & Co., and is one of the largest owners of farmland in the U.S.
Gates and Buffett have been friends for more than three decades. Their shared interests go beyond their wealth: The pair co-founded The Giving Pledge, which encourages the world's wealthiest people to donate at least half of their wealth to charitable causes, and are occasional bridge and golf partners.
After passing on a small amount of money to their offspring, Gates and his ex-wife Melinda will give the rest of their fortune to their charity, the Bill and Melinda Gates Foundation, which funds health and education projects around the world.
He Chose a Great Business Partner
“Deciding to go into partnership with Paul Allen is probably at the top of the list.” Allen and Gates were friends growing up, and they co-founded Microsoft in 1975. Allen left the company eight years later, after being diagnosed with Hodgkin's disease.
Microsoft Corp (MSFT. O) co-founder Bill Gates' investment vehicle Cascade Investment LLC has become the largest shareholder in farm machinery maker Deere & Co (DE. N), with a 5% stake, according to a regulatory filing.
Where does Bill Gates keep his money?
Investments in Corporations
The majority of his financial assets are held by Cascade Investment LLC, an entity controlled by Gates to manage his investments.
The Bill & Melinda Gates Foundation alone is responsible for over 88 per cent of the total amount donated by philanthropic foundations to the WHO. Other contributors include the Bloomberg Family Foundation (3.5 per cent), the Wellcome Trust (1.1 per cent) and the Rockefeller Foundation (0.8 per cent).
Bill Gates acquired 54.8 Million Canadian National Railway shares worth $7.05 Billion. That's 14.97% of their entire equity portfolio (3rd largest holding). The investor owns 8.57% of the outstanding Canadian National Railway stock. The first Canadian National Railway trade was made in Q3 2002.
Bill Gates Caterpillar Inc.
Bill Gates acquired 7.35 Million Caterpillar shares worth $2.33 Billion. That's 4.95% of their equity portfolio (5th largest holding). The investor owns 1.42% of the outstanding Caterpillar stock. The first Caterpillar trade was made in Q4 2005.
As of September 2021, Gates' net worth is estimated to be around $125 billion. If his fortune were converted to gold, he would have approximately 2,500 metric tons of the metal. That's equivalent to about two Olympic-sized swimming pools filled with gold.
According to an article in The Seattle Times, Gates invested $250,000 in Amazon in 1995, when the company was just starting out and had no revenue. This investment reportedly gave Gates a 3% ownership stake in the company.
Convoy is a Seattle-based trucking startup whose investors include Jeff Bezos and Bill Gates. Started in 2015, Convoy is an online platform that connects truck drivers with freight companies. The aim was to prevent trucks from driving “empty miles” without loads.
Bill Gates acquired 2.2 Million Hormel Foods shares worth $68 Million. That's 0.15% of their equity portfolio (19th largest holding). Bill Gates acquired their 2.2 Million shares in Q4 2022. So far they never sold any shares in the company.
Bill Gates designed and owns a mansion that overlooks Lake Washington in Medina, Washington. The 66,000-square-foot (6,100 m2) mansion incorporates technology in its design.
What did Bill Gates invent? Technically, Bill Gates didn't invent anything genuinely new. Instead, he and Paul Allen created two high-quality products that computer companies could use: the BASIC programming language for the Altair 8800 and the MS-DOS operating system for the IBM PC.
What does Bill Gates do with his money?
Bill Gates and Warren Buffett have been best friends for over 30 years. Initially, they weren't interested in meeting each other — but they hit it off right away.
Buffett worked with Christopher Webber on an animated series called "Secret Millionaires Club" with chief Andy Heyward of DiC Entertainment. The series features Buffett and Munger and teaches children healthy financial habits. Buffett was raised as a Presbyterian, but has since described himself as agnostic.
Does Bill Gates have any real friends or are people just after his money? Yes he does have a few close friends- Bill Gates didn't start Microsoft all by himself. He started MS with some friends- Paul Allen, Steve Balmer, and Tim Paterson were all on board early on.
Even though Bill Gates is worth around $10,560 crore and his ex-wife Melinda Gates is worth $660 crore, the Gates children are not entitled to any inheritance.
