Connect with us

Hi, what are you looking for?

Economy

How Much Money Does Billionaire Bill Gates Have Invested in Microsoft Stock?

Bill Gates made a name for himself — and established his vast fortune — as the co-founder and CEO of Microsoft (MSFT 2.22%). The company is best known for developing its ubiquitous Windows operating system (OS), Internet Explorer, and Office suite of productivity software.

More recently, Microsoft has expanded its portfolio to include Azure cloud, the Teams workplace platform, Surface laptop and notebook computers, and Xbox gaming consoles, among others.

The AI connection

As the former CEO, it isn’t surprising that so much of Gates’ fortune is still tied up in Microsoft stock. It’s easy to see why, aside from it being his former company. Gates has been vocal about the vast potential for artificial intelligence (AI) to change how we live and interact with technology. Microsoft is at the cutting edge of generative AI, developing a suite of Copilots to help streamline tasks and increase worker productivity.

A survey of early users found that 70% of respondents said Copilot made them more productive, and 77% said they didn’t want to stop using it. Furthermore, AI is boosting Microsoft Azure, which has been the fastest-growing cloud infrastructure provider in the calendar fourth quarter, with revenue up 30% year over year. The company said six percentage points of that growth was thanks to AI.

Show me the money

In recent years, Gates has turned his attention to philanthropic endeavors, having pledged to eventually donate “virtually all” of his wealth to charity. To accomplish that goal, he set up the Bill & Melinda Gates Foundation Trust, which holds a large chunk of his vast fortune.

Gates is estimated to be worth roughly $127 billion, according to Forbes. Regulatory filings reveal that nearly $46 billion of that total is held by the Trust. This includes more than 38 million shares of Microsoft stock, valued at more than $15 billion.

Investors could take a lesson from Gates. If he’s willing to risk $15 billion on Microsoft stock, it might be worth a look.

This post appeared first on fool.com

You May Also Like

Investing

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share...

Investing

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped...

Investing

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was...

Investing

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The...




Disclaimer: Oldamericanbroker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the-company.


Copyright © 2024 Oldamericanbroker.com