What do you do with your money when you're one of the world's wealthiest individuals? Bill Gateshas amassed a net worth upwards of $91 billion as of 2018. Gates earned the majority of his vast fortune as one of the founders of Microsoft Corporation.
Here is where this billionaire stashes some of his money.
Investments in Corporations.
While Gates can credit Microsoft for the bulk of his current wealth, his shares in the companyin MSFT make up just around 20% of his holdings today. The majority of Gates' financial assets are investments in corporations managed by Cascade Investments, LLC, an entity now partially run by Gates to purchase stakes in various businesses. Although Cascade is highly secretive, some information can be gleaned from its financial disclosure statements. (For more, see: Management Advice From Megalomaniacs, Villains and Innovators.)
By Adam Hayes.
Full story at Investopedia
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