Where does Bill Gates keep his money? (2024)

Where does Bill Gates keep his money?

The majority of his financial assets are held by Cascade Investment LLC, an entity controlled by Gates to manage his investments. 3 Although Cascade is not a public company, some of its investment activity must be disclosed to the Securities and Exchange Commission (SEC).

How much money does Bill Gates have in his account?

What is Bill Gates' net worth? Bill Gates is a millionaire thousands of times over: As of February 2024, Forbes reported his net worth at over $123 billion, most of which came from his position as the largest individual shareholder of Microsoft, which he started with Paul Allen in 1975.

Where is Bill Gates giving his money?

In July 2022, Gates said he planned to give “virtually all” of his wealth to the Bill and Melinda Gates Foundation, according to a post shared on X, formerly known as Twitter. His message came as the foundation revealed a new plan to increase yearly spending “from nearly $6 billion to $9 billion annually by 2026.”

How much real estate does Bill Gates have?

Microsoft cofounder Bill Gates is one of the US's top landowners, with 275,000 acres across the US. While most of that is farmland, he owns homes in Washington, California, Florida, and Montana.

What is Bill Gates's asset?

As of April 2024, Gates has an estimated net worth of US$150 billion, making him the fifth-richest person in the world according to the Bloomberg Billionaires Index.

How much does Bill Gates make an hour?

Another set of data shows that Gates earns about 7.6 million US dollars a day, which is equivalent to 319635 US dollars per hour. According to reports, only a small portion of Gates's wealth comes from Microsoft shares, accounting for about 12.5%.

How much money does Bill Gates have liquid?

According to Forbes, as of 2021, Bill Gates has a net worth of $130.5 billion. Out of this amount, it is estimated that only about 3% to 4% is in liquid assets, meaning cash or assets that can easily be converted to cash.

Who manages Bill Gates' money?

Michael Larson (born October 1959) is an American money manager. He is the chief investment officer for the Bill & Melinda Gates Foundation, and Bill Gates' personal fortune through Cascade Investment.

How much did Warren Buffett donate to Bill Gates foundation?

With these latest payments, he has given the Gates Foundation nearly $39.3 billion, the Susan Thompson Buffett Foundation almost $4.2 billion, and more than $2.4 billion apiece to the Sherwood, Howard G.

What happens to Bill Gates' money?

Philanthropy Through the Bill & Melinda Gates Foundation

Gates has transferred a great deal of his accumulated wealth from Microsoft to the foundation, and one day he plans to give all of his wealth to his charity foundation.

Why are billionaires buying farmland?

The world's wealthiest are acquiring agricultural land for its stable returns and security. Here's why this asset class matters to your investment portfolio. Golden-blonde fields stretch as far as you can see, punctuated by patches of dense woodland and a few scattered farmsteads.

Where is Bill Gates' main house?

Bill Gates's house
Bill Gates' house
LocationMedina, Washington, United States
Coordinates47°37′40″N 122°14′31″W
Technical details
Structural systemEarth-sheltered home
4 more rows

How many yachts does Bill Gates own?

Bill Gates is a regular superyacht holidaymaker but has not previously owned his own vessel and has preferred to rent during his summer trips.

Does Bill Gates own FedEx?

Bullish on this entire logistics and supply chain market, regardless of the competitive differences, the Bill & Melinda Gates Foundation now owns through Cascade Investment 1.53 million shares of FedEx Corp. This is worth $392 million. Gates has the 10th largest holding at FedEx, in contrast to the 15th at UPS.

What railroad does Bill Gates own?

Among these visionaries is the entrepreneur and philanthropist Bill Gates, whose investment portfolio isn't limited to computer software and silicon chips and who, with an astute eye for lucrative ventures, has recognized the Canadian National Railway Company (CNI) as a valuable asset at his disposal.

How many hours a day Bill Gates work?

Bill Gates famously spend a couple decades working 10 hours a day, 7 days a week, no vacations.

How old was Bill Gates when he became a billionaire?

When Bill Gates became a billionaire in 1987 at 31, he was the youngest person to ever join the three comma club. In 2008, Mark Zuckerberg took that title when he reached billionaire status at 23.

How much does Jeff Bezos make per hour?

Jeff Bezos' share of 2023 profits by company
Per second$985
Per minute$59,100
Per hour$3,546,000
Per day$85,104,000
Per week$595,728,000
Feb 22, 2024

Are there any trillionaires?

As of today, no billionaire is within striking distance of becoming a trillionaire.

How much gold does Bill Gates own?

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.

What companies does Bill Gates own?

Bill Gates Portfolio: 7 Best Stocks to Buy Now
STOCK% OF PORTFOLIOMARKET VALUE OF SHARES
Microsoft Corp. (MSFT)34%$14.4 billion
Berkshire Hathaway Inc. (BRK.B)16.8%$7.1 billion
Canadian National Railway Co. (CNI)16.3%$6.9 billion
Waste Management Inc. (WM)14.9%$6.3 billion
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Feb 21, 2024

Is Bill Gates donating all his money?

The Gates Foundation is aiming to donate $9 billion annually by 2026. In 2022, Gates gave $20 billion to the organization. In all, he told Zakaria, he and partners such as Warren Buffett have plowed about $100 billion into the foundation, and he anticipates he will have given all of his money away within 20 years.

Did Bill Gates belong to a rich family?

Bill Gates was the son of wealthy parents, his father was a partner in the law firm Preston Gates & Ellis, his mother was on board of directors for First Interstate BancSystem and the United Way. Bill got a sweetheart deal from IBM, in part due to his mother serving on the United Way board with Jon Opel, chair of IBM.

Does Bill Gates still work at Microsoft?

> In 2020, Bill Gates left the board of directors of Microsoft, the tech giant he cofounded in 1975. But he still spends about 10% of his time at its Redmond, Washington headquarters, meeting with product teams, he says. Still, agreed, that doesn't really make him responsible for MS's current decisions.

Is Warren Buffett still friends with Bill Gates?

Gates often speaks fondly of Buffett, recalling on his blog GatesNotes, particularly when celebrating their 25 years of friendship in 2016, the unique and enduring bond they share.

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