Bill Gates Just Donated Almost $5 BILLION Worth Of Microsoft Shares, His Biggest Gift In 17 Years
August 24, 2017
Every year, Microsoft founder Bill Gates' stake in his own company gets smaller, thanks to his annual donations of his stock holdings – usually to the Bill & Melinda Gates Foundation. Bloomberg recently reported that in terms of the stock's cash value, this year's gift of 64 million Microsoft shares is his most valuable since 2000, clocking in at a total of $4.6 billion.
The contribution reportedly reduces Gates' stake in Microsoft to a paltry 1.3 percent, with about 103 million Microsoft shares to his name.
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