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Monday, April 29, 2024

Bill Gates: That’s why he’s investing in these 10 companies

Bill Gates has invested billions of dollars in stocks of established companies that have produced excellent returns for investors. These are the companies in which he has invested the most. 

Bill Gates retired from Microsoft’s board of directors some time ago to focus on the Bill & Melinda Gates Foundation, the world’s largest private charity, which draws much of the man’s million dollar investment through buying stocks of large companies.

Bill Gates owns shares in the following companies

When making investments, Bill Gates does not have his private assets in mind, but rather the money he can raise for the foundation. Therefore, the man does not invest in high-risk, high-growth stocks, but instead focuses on companies that have an established business model that guarantees steady profits. The man owns some shares in Apple, Amazon, Twitter and even Google’s parent company Alphabet, but these only make up a small part of his portfolio. So what are Gates’ high-dividend stocks? 

Coca-Cola FEMSA

It ranks at the top of Gates’ high-dividend stocks. According to Insider Monkey, the company offers more than 4.86% in dividends paid every year since 1994. It is one of the largest companies in the world and continues to grow year after year.

Crown Castle International Corp.

Some may not be too familiar with Crown Castle, a real estate company known and respected for its well-established business model with growth rates of 8.20% per annum. 

United Parcel Service Inc.

Better known as UPS, it is one of the largest transportation companies in the world that has increased its dividend for 21 straight years and of which the Bill Gates Foundation owns a large amount of shares.

Caterpillar Inc.

Gates, who has a few saving secrets, also invests in the construction world and owns shares in heavy equipment maker Caterpillar Inc., which also has a pretty solid business model and has been paying dividends for 31 years and increasing them over the past seven years.

Waste Management, Inc.

Insider Monkey writes that this is the company in which the Bill & Melinda Gates Foundation holds up to 18.3 million shares. The company focuses on waste management, an industry that is far from being threatened with extinction.

Other companies Bill Gates invests in include Walmart Inc , which has seen dividend increases for 47 years, making it one of the best stocks to invest in. On the other hand, there is the Canadian National Railway Company , which is a rather unusual investment for a foreign company, but in which Gates owns quite a lot because it pays constant dividends and its share price has risen sharply. 

The foundation also has another major freight forwarder in its stock portfolio, FedEx Corporation , which is a safe bet for other large mutual funds as well. The last two in the top 10 are Ecolab Inc , a specialty chemicals company that has been growing for 28 years, and Apple Inc , which was an interesting bet for Gates, despite the sharp drop in 2020 caused by the coronavirus pandemic. But it shows that the man knows the stability of his market and its constant growth.

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