Saturday, February 25, 2023

Bill Gates Portfolio: 7 Best Stocks to Buy Now

And yet another of the world's most successful billionaires with portfolios well worth examining.  


FEBRUARY 22, 2023
U.S. News & World Report

Invested

Advice, rankings and stock market news for investors.
Good morning, investors. Stocks take a nosedive as traders mull worrying consumer spending trends.

Highlights of today's newsletter include our market insights plus these new articles:

Bill Gates Portfolio: 7 Best Stocks to Buy Now
5 Highest-Paying Dividend Stocks in the Dow
8 Stocks Affected by the Russia-Ukraine War
How to Track Congressional Stock Picks With 2 New ETFs
Reuters
Bill Gates is the co-founder and former CEO of software giant Microsoft Corp. (ticker: MSFT), which has grown to become a $1.9 trillion technology behemoth. Gates' success at Microsoft propelled him to become the world's wealthiest person for several years throughout the late 1990s and early 2000s. Gates stepped down as CEO of Microsoft in 2000 and has since focused largely on philanthropy via the Bill & Melinda Gates Foundation. Today, Gates is worth about $106 billion after having donated more than $59 billion to the Gates Foundation.

Here are seven of Gates' largest stock investments, based on recent Securities and Exchange Commission filings from his personal holdings, his Cascade Investment private investment firm and the Bill & Melinda Gates Foundation Trust:

Microsoft Corp. (MSFT). If you're going to invest like Bill Gates, the most obvious place to start is by buying shares of the company that made Gates wealthy in the first place. Although Gates is not as hands-on at Microsoft as he once was, he still owns about 1.3% of the company, a stake worth around $27 billion. Microsoft is also the Gates Foundation Trust's top holding. The trust holds more than 39.26 million shares of Microsoft worth about $9.41 billion. For a $1.9 trillion company, Microsoft still reported impressive 17.9% revenue growth in 2022.

Berkshire Hathaway Inc. (BRK.ABRK.B). Berkshire Hathaway is the holding company of fellow billionaire and Wall Street legend Warren Buffett. It is also the second-largest stock holding of the Gates Foundation Trust. The trust holds about 24.6 million shares of BRK.B stock worth more than $7.6 billion. Together, Microsoft and Berkshire make up more than 47% of the trust's portfolio. Buffett has made annual donations to the Gates Foundation since 2006, when he pledged to eventually donate 99% of his net worth and all of his Berkshire stock. Buffett donated 14.4 million shares of BRK.B stock in June 2022.

Click here to continue reading.  

Bill Gates portfolio: 7 best stocks to buy now:

  • Microsoft Corp. (MSFT)
  • Berkshire Hathaway Inc. (BRK.ABRK.B)
  • Canadian National Railway Co. (CNI)
  • Deere & Co. (DE)
  • Waste Management Inc. (WM)
  • Republic Services Inc. (RSG)
  • Ecolab Inc. (ECL)

No comments:

Post a Comment