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URL:  https://boards.fool.com/simple-strategy-fueling-bill-gates8217s-fortu-34297364.aspx

Subject:  Simple Strategy Fueling Bill Gates’s Fortu Date:  9/17/2019  9:33 PM
Author:  intercst Number:  567565 of 575857

... Bill Gates can't give money away fast enough to keep his fortune from growing.

The Simple Strategy Fueling The Rise Of Bill Gates’s Fortune
https://www.fa-mag.com/news/the-simple-strategy-fueling-the-...

Bill Gates is still in wealth-creation mode.

“We’re not, you know, in some defensive posture where we’re mostly in cash, or anything like that,” the Microsoft Corp. founder said in an interview with Bloomberg Television. “The strategy that’s been used on the investments is to be over 60% in equities.”

That’s helped Gates add $16 billion to his net worth this year, taking his wealth to $106 billion, behind only Jeff Bezos on the Bloomberg Billionaires Index, even as his charitable donations have topped $35 billion.

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intercst
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