Gates listed for charity $4.6 billion

Bill Gates shares a very close bonhomie with Warren Buffett his friend for over 25 years

Gates now owns 1.3 per cent of the company's outstanding shares, down from 2.3 per cent before he made the $4.6 billion gift.

Prior to that, the main recipient of donations gates created the bill and Melinda gates Foundation. He has reportedly given away around 64 million worth of shares of Microsoft Corporation, which account for $4.6 billion in charity.

The Microsoft co-founder has donated over $35 billion since 1994.

The gift, disclosed Monday in regulatory filings, is significantly larger in both value and number of shares than recent dispersals by Gates, the paper noted. The 61-year-old gave away $16 billion worth of Microsoft shares in 1999 and $5.1 billion a year later, according to calculations by Bloomberg.


Spokesmen for Gates and Redmond, Washington-based Microsoft didn't respond to requests for comment.

It is the largest gift of Microsoft shares that Mr Gates has made since 2000. Microsoft stock now accounts for just 9 per cent of his overall net worth, which stood at an estimated $85.2 billion, according to Forbes.

For over two decades, Gates and his wife Melinda have given away a total of $35bn in cash and stocks to a range of charitable causes from disease prevention to poverty alleviation, mostly via the Bill and Melinda Gates foundation. We've contacted representatives of Gates, Microsoft and the Gates Foundation for more information.

But as Amazon's share took a beating in the market, Gates again become the world's richest person.

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