Bill Gates, once the wealthiest person in the world, reached a net worth of $100 billion in 1999. Despite donating to his foundation, Gates still holds around $100 billion in wealth. He plans to donate almost all his remaining wealth over the next two decades.
The Gates Foundation’s portfolio is concentrated in value stocks, reflecting Gates’ investment strategy. Warren Buffett donates millions of Berkshire Hathaway shares to the foundation annually. The trust holds significant shares of Berkshire, worth $11 billion.
Buffett recently handed over the reins of Berkshire Hathaway to Greg Abel. The company’s insurance business has shown steady results, with its book value trading at a fair price. The foundation is likely to hold onto most shares despite Buffett’s concerns about overpriced stocks.
The foundation also holds shares in WM (Waste Management), which benefits from its dominant landfill portfolio. The company has seen profit growth and margin expansion, with its legacy waste-hauling business performing well.
Canadian National Railway is another holding for the Gates Foundation, with the company seeing revenue growth despite challenges from tariffs. Management’s outlook calls for flat revenue but earnings improvements driven by operational changes and a share buyback program.
Investors should consider owning outstanding companies for long-term wealth growth, as seen in the Gates Foundation’s concentrated portfolio. The Motley Fool Stock Advisor recommends top stocks for investment opportunities, providing a community for individual investors to learn and grow.
Read more at Yahoo Finance: Billionaire Bill Gates Has 59% of His Foundation’s $38 Billion Portfolio Invested in 3 Outstanding Stocks
