Billionaire Bill Gates Has 60% of His Foundation's $33 Billion Portfolio Invested in 3 Fantastic Stocks
The Gates Foundation's top holdings are slow-and-steady growers with wide moats.
Bill Gates, a billionaire with a fortune worth $100 billion, has chosen to direct the majority of his charitable investments towards specific stocks. His foundation manages a $33 billion portfolio of U.S. stocks, with a substantial portion, 60%, allocated to just three companies. Despite his immense wealth and the success of Microsoft, Gates has pledged to donate 99% of his fortune within the next 19 years.
The foundation's investment strategy, revealed through quarterly reports, may come as a surprise to some, given Gates' history with the technology industry. The three stocks dominating the foundation's equity portfolio are the focus of this report.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.