Published on 9 May 2024 on Motley Fool via Yahoo Finance
Billionaire Bill Gates Has 51% of His Portfolio Invested in 2 Brilliant Stocks
The Bill and Melinda Gates (BMG) Foundation Trust had $42 billion invested across 24 stocks as of the fourth quarter, but 51% of that sum was concentrated in two positions: 34% in Microsoft (NASDAQ: MSFT) and 17% in Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).
What makes the BMG Foundation Trust noteworthy is its 41% return during the three-year period that ended in December 2023. The S&P 500 (SNPINDEX: ^GSPC) returned just 33% during the same time frame. Much of the BMG Foundation Trust's outperformance can be attributed to its largest holdings.