Diversification: how Bill Gates manage his money

in money •  5 months ago

At the moment, Bill Gates' net worth is about 93 billion.


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Gates accumulated his ginormous wealth initially from Microsoft, but later he gradually put most of his money into a well diversified portfolio managed by his own investment firm: Cascade Investment LLC. He now only owns less than 2% MSFT, less than Steve Ballmer according to Forbes.

So, how much Bill Gates would worth if he didn't sell ANY of his Microsoft stocks ?

MSFT is trading at 100$ at the moment, and has a market cap of $776 billion. After Microsoft IPO in 1986, Gates' ownership was 45%. If he didn't sell any, his net worth should be about 350 billion dollars.
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That's about 4 times of his current wealth......
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Bill Gates would probably have been richer had he not sold some of his Microsoft shares. But diversification is one rule that most investors follow.
It's a good thing because it cushions your entire investment portfolio.

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correct. this is just a joke, not an investment advice.