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.
Where does Bill Gates have his money invested?
The seven primary investments in the portfolio include Microsoft Corp., Warren Buffett's company Berkshire Hathaway Inc., Canadian National Railway Co., Waste Management Inc., Caterpillar Inc., Deere & Co., and Ecolab Inc.
Who manages Gates Foundation investments?
Bill and Melinda are the trustees for the Foundation Trust, and the endowment is managed, as it has been for almost three decades, by Cascade Management Company.
Who manages Bill Gates land?
Gates' farmland is held by more than 20 shell companies (https://www.nbcnews.com/…) spread across the country. Some lead back to a P.O. Box in Kirkland, Washington, the city where Cascade Asset Management, which manages all Gates' investments, is headquartered.
Does Bill Gates have a manager?
For 27 years, Bill Gates has entrusted the management of his enormous wealth and the endowment of his giant foundation to a single man: Michael Larson.
Where does Bill Gates get most of his money?
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.
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.
Which bank does Bill Gates use?
The majority of Gates' financial assets are investments in corporations managed by Cascade Investments, LLC, an entity now partially run by Gates to purchase stakes in various businesses. He is assumed to have roughly $12 billion stored here, for future investments.
What is Bill Gates investment company called?
| Company type | Private |
|---|---|
| Industry | Investments Conglomerate |
| Founded | 1995 |
| Founder | Bill Gates |
| Headquarters | Kirkland, Washington , United States |
Does Bill Gates invest in hedge funds?
Although he doesn't manage a public company or hedge fund like Buffett and Griffin do, he's donated a boatload of money to the Bill & Melinda Gates Foundation Trust. And over half of this charitable foundation's $42 billion portfolio is invested in these three dividend stocks.
Who is the largest landowner in the United States?
The largest private landowner in the United States is the Emmerson family, which owns and operates Sierra Pacific Industries, one of the largest lumber producers in the country.
Who owns the biggest land in the world?
The largest landowner in the world currently is King Charles III of England. How much land does the Royal Family own? He and the British Royal Family own more than 6,600,000,000 acres of land around the world. They technically own many territories around the globe, amounting to 1/6 of the surface of the planet.
What homes does Bill Gates own?
- Investments: Estimated in the Billions.
- 'Xanadu 2.0' in Medina, Washington: Estimated $140-170 Million.
- Beach House in Del Mar, California: $43 Million.
- Mansion in Rancho Santa Fe, California: $18 Million.
- Estate in Indian Wells, California: $12.5 Million.
How does Bill Gates manage 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 can I contact Bill Gates directly?
Email Bill Gates at info@gatesfoundation.org. For media inquiries, email media@gatesfoundation.org. Send a letter to Bill Gates at the Bill & Melinda Gates Foundation. The mailing address is PO Box 23350, Seattle, WA, 98102.
How much does Bill Gates pay his employees?
Average Bill & Melinda Gates Foundation hourly pay ranges from approximately $31.57 per hour for Program Assistant to $48.09 per hour for Executive Assistant. The average Bill & Melinda Gates Foundation salary ranges from approximately $70,456 per year for Service Coordinator to $170,000 per year for Senior Assistant.
How much bill gates earn per day?
Bill Gates Makes $10.95 Million Per Day — More Than 4 Times What The Average Person Earns In A Lifetime. Here's How He's Spending It.
At what age Bill Gates became billionaire?
Bill Gates: Gates co-founded Microsoft with Paul Allen in 1975 when he was just 19 years old. The company went public in 1986, making Gates an instant millionaire at the age of 31. By 1987, he was worth $1.25 billion, and his net worth has since grown to over $100 billion.
Where did Bill Gates get his startup money?
Gates did not start Microsoft with a loan from his parents, it was entirely bootstrapped financially. Paul Allen and Gates had saved up a small amount of money from contract work. Together they provided all of Microsoft's seed capital.
Does Bill Gates own Uber?
Editor's Choice. The trust didn't own much of ride-hailing giant Uber, just 26,767 shares, but sold them all in the fourth quarter. Uber stock had a strong 2020, surging 71.5%. Year to date, it has gained 14.5%.
Does Bill Gates own UPS?
A second stock that Bill Gates and Warren Buffett both have stakes in is supply chain company United Parcel Service (NYSE: UPS), which is much better known as "UPS." The Bill and Melinda Gates Foundation held 740,689 shares of UPS as of the end of June, while the Oracle of Omaha's Berkshire Hathaway owned a 59,400- ...
Does Bill Gates own part of John Deere?
Microsoft Corp (MSFT. O) co-founder Bill Gates' investment vehicle Cascade Investment LLC has become the largest shareholder in farm machinery maker Deere & Co (DE. N), with a 5% stake, according to a regulatory filing.
What bank do the richest use?
- JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. ...
- Bank of America Private Bank. ...
- Citi Private Bank. ...
- Chase Private Client.
What bank does Warren Buffett use?
Bank of America Corp (BAC)
At the end of March 2023, Buffett's company owns 1.01 billion shares, a value of about $33.45 billion. Buffett became a major investor in Bank of America when he bought $5 billion of shares during the 2011 debt-ceiling crisis.
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.
