Everybody is familiar with the name of Bill Gates — an American business magnate, the founder of the world’s largest software business Microsoft, and the second richest man in the world. What is the key to his raving success and how can you receive high money if all you have is ,000? The answer is in our article.Since the establishment of Microsoft in 1975, Gates has held several positions including those of the chairman, CEO and chief software architect. As early as 1987, he was ranked among the world’s wealthiest people by Forbes and has been maintaining this status for more than 30 years. Gates himself states that he is not afraid to take a risk, and the first time he did it was in 1975 when he dropped out of Harvard University to create Microsoft. In 2008, he took a stake and left
Topics:
Daria Rud considers the following as important: amazon, berkshire hathaway, bill gates, bill gates foundation, bill gates investment, Business News, caterpillar, coca cola, ecolab, Editor's Choice, fedex corporation, grupo televisa, jeff bezos, liberty global, Market News, microsoft, News, Personal Finance, Stocks, ups, walmart, waste management
This could be interesting, too:
Temitope Olatunji writes X Empire Unveils ‘Chill Phase’ Update: Community to Benefit from Expanded Tokenomics
Bhushan Akolkar writes Cardano Investors Continue to Be Hopeful despite 11% ADA Price Drop
Bena Ilyas writes Stablecoin Transactions Constitute 43% of Sub-Saharan Africa’s Volume
Chimamanda U. Martha writes Crypto Exchange ADEX Teams Up with Unizen to Enhance Trading Experience for Users
Everybody is familiar with the name of Bill Gates — an American business magnate, the founder of the world’s largest software business Microsoft, and the second richest man in the world. What is the key to his raving success and how can you receive high money if all you have is $10,000? The answer is in our article.
Since the establishment of Microsoft in 1975, Gates has held several positions including those of the chairman, CEO and chief software architect. As early as 1987, he was ranked among the world’s wealthiest people by Forbes and has been maintaining this status for more than 30 years. Gates himself states that he is not afraid to take a risk, and the first time he did it was in 1975 when he dropped out of Harvard University to create Microsoft. In 2008, he took a stake and left Microsoft for The Bill & Melinda Gates Foundation, still remaining its board member with just over 1% of shares. In 2013, he contributed to a $5.5 billion initiative to tackle eradicating polio.
The billionaire is ready to take risks, and in his case, it always pays off. Currently, Bill Gates has a total net worth of $105.8 billion.
Gates stated:
“Whether we invest $100,000 or $100 million, the decision is always calculated. I spend a lot of time thinking, analyzing data and talking to experts to judge whether we can really help make a difference.”
The billionaire’s fortune has significantly increased this year, as Amazon’s stock dropped and the company’s founder Jeff Bezos had to concede the top position in the list of the richest people to Bill Gates.
It’s High Time To Manage Your Portfolio
60% of Bill Gates’ portfolio is in equities. He invests money very carefully and thoroughly, choosing the most stable shares. Besides, together with his wife Melinda French, Gates invests in charity. The couple’s main focus is on helping to reduce diseases. It is estimated that Gates and Melinda have given away $28 billion via their charitable Bill & Melinda Gates Foundation, including $8 billion to improve global health.
If you have $10,000 and your goal is receiving the same returns as Bill Gates, you should divide your investments feasibly and invest your money as follows:
$5000 worth of Berkshire Hathaway Class B shares (NYSE:BRK.B)
$1100 worth of Waste Management Inc. (NYSE:WM)
$800 worth of Canadian National Railway (NYSE:CNI)
$800 worth of Caterpillar Inc. (NYSE:CAT)
$600 worth of Walmart (NYSE:WMT)
$400 worth of Ecolab Inc. (NYSE:ECL)
$400 worth of Crown Castle International (NYSE:CCI)
$300 worth of FedEx Corporation (NYSE:FDX)
$200 worth of UPS (NYSE:UPS)
$200 worth of Coca-Cola Femsa SAB de CV (NYSE:KOF)
$100 worth of Grupo Televisa SAB (NYSE: TV)
$100 worth of Liberty Global PLC Class A (NASDAQ:LBTYA)
But remember that any risk, even the smallest, should be a well-considered decision.