Inside The Investment Portfolio Of The Richest Man In The World In 2021
Bill gates will remain the richest man in the world. Before you throw at me your angry comments, hear me. Gates first joined the Forbes billionairelist in 1987 when he was just 32 years old. But he wasn't going to stay there for long; in the next few years, he climbed to the top of the list, and in 1995 he became the world's wealthiest person.
And he held that title until 2017, except 4 of these years when warren and Carlos Slim exceeded him. Most people think that Gates's wealth comes from Microsoft, which is not true. Yes, he founded the company with Paul Allenand was the CEO, Warren buffet but in 2000, he left his position and handed his job to Steve Ballmerat the peak of the dot com bubble.
As a smart investor, gates knew that he couldn'tkeep all of his eggs in one basket and has to diversify even though Mircorost turnedout to be way more valuable than anyone could have imagined back then. So Before the dot com bubble burst, Gatessold most of his Microsoft stocks.
It seems like he was predicting the crashas some of the other entrepreneurs back then like Mark Cuban. Today he owns only 1.3 percent of the companyand is still the largest individual investor. That tiny percentage equals to almost 20 billiondollars. But wait for a second, isn't bill gates worthover 105 billion dollars? Yes, and that's what makes him different fromhis fellow tech billionaires.
To find out why Bill Gates is still the richest person in the world, we have to take a deep look into his investing portfolio. One of His biggest and best position is in Berkshire Hathaway. He owns at least 54 million shares of thecompany, which amount to around 11.2 billion dollars.
Berkshire Hathaway is unlike any other company. It's a holding company that invests in multipledifferent companies such as Apple, Bank of America, IBM, General Motors, Goldman Sachs,and owns entire other companies like Geico or Duracell. These companies are not from one particularindustry, so if one of them goes down, others would probably compensate.
And remember that these companies weren'trandomly picked but by the greatest investor of our time, Warren Buffett, since he managesBerkshire Hathaway. Gates also own 18.6 million shares of WasteManagement, Inc, which amounts to around 2 billion dollars. The company dates back to 1968 and offersenvironmental services to nearly 21 million residential, industrial, municipal, and commercialcustomers in the United States, Canada, and Puerto Rico.
With 26,000 collection and transfer vehicles,the company has the largest trucking fleet in the waste industry. Over the last five years, the stock pricegrew by 113 percent. That's really a lot considering that it alsopaid a 2 percent dividend throughout these years. It makes it one of the best investments onecan make, and since it provides essential services, it's a safe long term investment.
Gates is also an investor in the Canadian National Railway Company. He owns 17.1 million shares with a marketvalue of around $2 billion. It's Canada's largest railway, in terms ofboth revenue and the physical size of its rail network, spanning Canada from the Atlanticcoast in Nova Scotia to the Pacific coast in British Columbia across about 20,400 routemiles (32,831 km).
It's a public company that employs 24K people,and as of October 2020, it has a market cap of approximately CA$104 billion. And surprisingly, the company handled thecurrent crises pretty well. the stock plummeted because of the pandemic back in march.
But The company quickly regained its positionand is now 30 percent higher than its pre-pandemic level. Bill gates love dividend stocks, and the CanadianNational Railway is such a company with a dividend yield of 1.7 percent. Gates also holds 1.5 billion dollars worthof Caterpillar Inc. it designs, develops, engineers, manufactures, markets, and sellsmachin
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