Nov 18, 2023 By Triston Martin
As of June 2022, it is predicted that Gates has a net worth of 129 billion dollars. Following the establishment of Microsoft Corporation in 1975, Gates transitioned from being a student at Harvard University to becoming an entrepreneur in the technology field. Over many decades, Bill Gates was able to steer his firm toward becoming a dominant force in the field of technology while simultaneously amassing vast wealth for himself.
Since then, Gates has stepped away from the day-to-day operations of Microsoft to devote his time and energy to the charitable initiatives he supports via the Bill & Melinda Gates Foundation. These reasons have included the development of a vaccine against malaria, reforms regarding gun regulation, and reforms regarding education. The Canadian National Railway Company offers a comprehensive range of transportation services, such as rail, trucking, freight forwarding, and storage. The Foundation manages a significant amount of assets in the form of investments. According to its investment philosophy, the Foundation's cash is used to assist enterprises in developing answers to difficult and long-standing challenges.
The following is a list of some of the Foundation's most notable assets, along with their respective market values as of the filing date of May 16, 2022, with the United States Securities and Exchange Commission (US Securities and Exchange Commission) (SEC). The only richer people than Bill Gates are Jeff Bezos, Elon Musk, and Bernard Arnault. According to a 13F filing, the Bill & Melinda Gates Foundation has a massive investment portfolio valued at more than $19 billion. This comes as no surprise.
The great majority of us can only ever hope to achieve that kind of riches in our wildest imaginations. On the other hand, there is a connection between the average investor and the individual who has amassed the most fortune in the history of the world. We are all seeking solid stocks that we can purchase and keep for the foreseeable future. Because of this, it is beneficial to look at the stocks that the Bill and Melinda Gates Foundation holds.
Berkshire Hathaway, Inc. is the holding that contributes the most value to the Foundation's portfolio (BRK.B). The Foundation now owns around 28.7 million Berkshire Hathaway shares, giving it a market worth of more than $10 billion.
As of June 24, 2022, the market capitalization of Berkshire Hathaway was $614.1 billion, making it one of the most valuable firms in the S&P 500. On the list of the Fortune 500 for the year 2022, the firm came in at number seven. Since they first met in 1991, Bill Gates and Warren Buffett have formed a strong connection.
The Foundation's investment in Waste Management, Inc. (WM) places it as the portfolio's second-largest asset. Over 18.6 million shares with a combined market value of $3.1 billion are held in the Foundation's portfolio. Trash Management is a company that offers waste management and other environmental services related to waste management. It continues to develop and manage plants that convert the garbage into energy and landfill gas into electricity in the United States. It serves more than 20 million consumers, making it the nation's most successful waste management firm. As of June 24, 2022, the company's market valuation was $62.4 billion, and it was rated 203rd among Fortune 500 companies that year.
The Canadian National Railway Company is the Foundation's third-largest stake by value, according to its investment portfolio (CNI). The Foundation has more than 13,07 million shares, with a combined market value of $1.75 billion. The Canadian National Railway Company offers a comprehensive range of transportation services, such as rail, trucking, freight forwarding, and storage. June 24, 2022, its total market capitalization was $78.64 billion.
The Foundation's stake in Caterpillar Inc. (CAT) is the portfolio's fourth-largest investment. The Foundation owns about 7.35 million Caterpillar shares, with a market value of nearly $1.7 billion. Heavy machinery utilized in a variety of industries, including mining, agriculture, and energy, is produced by Caterpillar. As of June 24, 2022, the market capitalization of Caterpillar was $98.94 billion, and the company was 73rd on the Fortune 500.
Schrodinger, Inc. is the fifth-largest asset in the portfolio of the Foundation. The healthcare industry is the business that the corporation is in. The current market capitalization of Schrodinger is $2.2 billion. The Foundation manages a significant amount of assets in the form of investments. According to its investment philosophy, the Foundation's cash is used to assist enterprises in developing answers to difficult and long-standing challenges.
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