Billionaire Bill Gates Has 67% of His Foundation’s $48 Billion Portfolio Invested in These 3 Stocks and Wall Street Absolutely Loves One of Them

In November 1980, IBM was looking for software that would operate their upcoming personal computer and approached Microsoft. Legend has it that at the first meeting with Gates someone at IBM mistook him for an office assistant and asked him to serve coffee. Gates did look very young, but he quickly impressed the established tech firm, convincing them that his company could meet their needs. The only problem was that Microsoft hadn’t yet developed the basic operating system that would run IBM’s new computers. As the computer industry grew with companies like Apple, Intel, and IBM developing hardware and components, Gates was continuously on the road touting the merits of Microsoft software applications, often taking his mother with him. Mary was highly respected and well-connected with her membership on several corporate boards, including the United Way of America.

„No philanthropic organization — even one the size of the Gates Foundation — can make up the gulf in funding that’s emerging right now,” he wrote. „It’s unclear whether the world’s richest countries will continue to stand up for its poorest people.” Bill Gates plans to give away nearly all of his personal wealth and shutter the Gates Foundation within 20 years, the billionaire announced in a blog post on Thursday. After 27 years of marriage, Bill and Melinda announced their separation in May 2021.

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Gates and Allen scrambled, spending the next two months writing the BASIC software at Harvard’s computer lab. Allen traveled to Albuquerque for a test run at MITS, never having tried it out on an Altair computer. In an interview with CBS News, Gates discussed the book, referencing his somewhat privileged childhood, his challenges with social interaction, and how he viewed the world through a “prism of mathematics” growing up. The book ends in 1979—just before Microsoft would take off and become a global phenomenon.

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A pioneer of the microcomputer revolution of the 1970s and 1980s, he co-founded the software company Microsoft in 1975 with his childhood friend Paul Allen. Following Microsoft’s 1986 initial public offering, Gates became the world’s then-youngest billionaire in 1987, at age 31. Forbes magazine ranked him as the world’s wealthiest person for 18 out of 24 years between 1995 and 2017, including 13 years consecutively from 1995 to 2007. Gates became the first centibillionaire in 1999, when his net worth briefly surpassed $100 billion. According to Forbes, as of May 2025, his net worth stood at US$115.1 billion, making him the thirteenth-richest individual in the world.

The organization has since been renamed the Gates Foundation, with Bill continuing to serve as co-chair and as a member of its board. By the end of 2023, the Bill & Melinda Gates Foundation had funded $77.6 billion in lifetime grants. Its internal operations had come to reflect some of the organization’s priorities as in 2015 when the foundation announced that it would give its staff a year’s paid leave after the birth or adoption of a child. In 2006, billionaire investor Warren Buffett announced a major gift to the Bill & Melinda Gates Foundation. He pledged 10 million shares of Berkshire Hathaway stock, then worth $31 billion. After 25 years at the helm, Gates stepped down from day-to-day operations of Microsoft in January 2000.

Nearly all of Gates’ charitable contributions have gone to the Bill and Melinda Gates Foundation, which has distributed billions of dollars to help address global problems, including children’s health and climate change. However, the Gates Foundation Trust also has roughly $67 billion invested in stocks. The growth and dividend income from these investments will help fund charitable work in the future. Focusing on areas including health, education, and poverty alleviation, Gates became known for his efforts to eradicate transmissible diseases such as tuberculosis, malaria, and polio. After French Gates resigned as co-chair following the couple’s divorce, the foundation was renamed the Gates Foundation, with Gates as its sole chair. William Henry Gates III (born October 28, 1955) is an American businessman and philanthropist.

• Gates managed to convince the executives he and Allen could create software for their new hardware.
• In 2006, billionaire investor Warren Buffett announced a major gift to the Bill & Melinda Gates Foundation.
• The company has AI agents built into its Copilot Studio software for automating business tasks.
• The collaboration could be seen in some shared names between the Microsoft and Macintosh systems.

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When analyzing any corporate move, he developed a profile of all the possible cases and ran through them, asking questions about anything that could possibly happen. On March 13, 1986, Gates transitioned Microsoft into a publicly traded company on the Nasdaq stock market. Two weeks earlier, the company had moved its headquarters to nearby Redmond, Washington, where it remains today. Apple had previously given Microsoft full access to their technology while it was working on making Microsoft products compatible for Apple computers.

In 2017, it was revealed that one of Gates’ firms had invested $80 million into the development of a “smart city” near Phoenix, Arizona. Following the devastating death of his mother to breast cancer just a few months after their wedding, Bill took some time off with his new wife in 1995 to travel and get a new perspective on life and the world. In April 1996, the couple welcomed their first child, Jennifer, and Melinda left Microsoft to raise their daughter. Their son, Rory, was born was in May 1999 followed by their second daughter, Phoebe, in September 2002. Bill and Melinda raised their children in the Catholic faith and regularly attended church, even though the Microsoft founder grew up Protestant.

Although the house, nicknamed Xanadu 2.0, served as a business center, it was said to be very cozy for the couple and their three children at the time. The house has since doubled in size and is now around 66,000 square feet. In June 2024, Melinda left her role as longtime leader of the foundation in the wake of her divorce from Bill.

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“After a great deal of thought and a lot of work on our relationship, we have made the decision to end our marriage,” they wrote in a joint statement on Twitter. “We no longer believe we can grow together as a couple in this next phase of our lives.” Their divorce was finalized that August. Gates became a millionaire in March 1986 when he was 30 years and 5 months old.

Since then, he has been ranked at or near the top of Forbes’ annual list of the top 400 wealthiest people in America. Gates held the distinction of the world’s richest person from 1995 to 2007. He briefly reclaimed the titled in 2009 then again from 2014 to 2017.

The memoir ends with the 69-year-old revealing that he might be neurodivergent, claiming that he “would probably be diagnosed with autism” if he were a kid now.

Gates is „by nature an optimistic person” who expects many global conditions to improve in the coming decades, due largely to advances in technology and healthcare, he told The New York Times on Thursday,. At least some of that progress, he said , could be spurred by the rapid scaling of artificial kaszinó link intelligence. In 1997, Gates and his family moved into a 37,000-square-foot house on the shore of Lake Washington in Medina, Washington.

Our team of savvy editors independently handpicks all recommendations. If you purchase through our links, the USA Today Network may earn a commission. An eight-time All-Star, Scherzer (5-5, 5.19 ERA during the regular season) is a candidate to start Game 4, the middle of three consecutive games in Seattle. The rising adoption of agentic AI could provide an especially strong catalyst for Microsoft.

This is the first time Gates has made a commitment to a noncommunicable disease. Of the nearly 25,000 acres of land designated for the site, it was reported that 3,800 acres will go toward office, commercial, and retail space. Another 470 acres will be used for public schools, leaving room for 80,000 residential units.

Every employee at the young company had broad responsibilities across operations, product development, business development, and marketing. With his acumen for software development and a keen business sense, he placed himself at the head of Microsoft and worked as its spokesperson. Additionally, he personally reviewed every line of code the company shipped, often rewriting code when he thought necessary. By the end of the year, Microsoft’s shaky start was long gone as the company grossed approximately $2.4 million and more than doubled its workforce to 28 people.

Together with Buffett, Gates and now-ex-wife Melinda French Gates co-founded the Giving Pledge in 2010. Since then, more than 240 billionaires have signed it, committing to give away the bulk of their fortunes in their lifetimes. Gates described the influences in his life that shaped his commitment to philanthropy, starting with his mother, Mary Gates, who died in 1994.