“Bill Gates gave $1.5 billion of Microsoft Corp. stock in November to the Gates Foundation Asset Trust, the entity that manages the foundation’s endowment, according to Amy Enright, a spokeswoman for the foundation,” Caleb Melby reports for Bloomberg.
“The transfer decreased his stake in the company he co-founded to 3 percent,” Melby reports.
MacDailyNews Take: Confidence – or, more accurately, lack thereof.
Melby reports, “Gates has a net worth of $82.9 billion, according to the Bloomberg Billionaires Index.”
MacDailyNews Take: Crime pays.
Full article here.
MacDailyNews Take: Getting out while the gettin’s halfway decent and still working on buying that stairway to heaven.
[Thanks to MacDailyNews Reader “Bo” for the heads up.]
Bill Gates unloads another 20 million Microsoft shares for $882 million – August 5, 2014
Bill Gates dumps Microsoft stock; Steve Ballmer now owns more MSFT shares than Gates – May 3, 2014
Microsoft CEO Nadella should be questioning Bill Gates’ credentials as ‘technology advisor’ – February 6, 2014
Forbidden fruit: Bill Gates’ kids banned from owning superior Apple products – December 31, 2012